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News Corp NWSA Equity Method Investments

Equity Method Investments at other companies

S&P Global logo
S&P GlobalSPGI
$613M-66.8%
Nexstar Media Group, Inc. logo
Nexstar Media Group, Inc.NXST
$387M-50.1%
Lee Enterprises logo
Lee EnterprisesLEE
$27.27M-3.4%
The E.W. Scripps Company logo
The E.W. Scripps CompanySSP
$12.19M-20.5%
Versant Media Group, Inc. logo
Versant Media Group, Inc.VSNT
$241M

Other financials

Income statement

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Revenue$2.3B+10.8%
Net income$179.0M-75.9%
EPS (diluted)$0.33-74.8%

Balance sheet

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Cash & equivalents$2.1B-12.8%
Total debt$2.9B-0.9%
Total equity$8.5B-2.8%
Total assets$15.5B+0.3%

Cash flow

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Operating cash flow$422.0M+123%
CapEx$146.0M-7.0%
Free cash flow$276.0M+763%

Valuation

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Market cap$17.92B-5.5%
Enterprise value$18.74B-3.6%
P/E31.3×+15.2×
P/S-0.3×

Profitability

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Net margin6.3%-7.6pp
FCF margin9%+2.2pp

Returns & leverage

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Return on equity6.6%-7.3pp
Debt / equity0.3×0.0×
Current ratio1.6×-0.2×

Where this comes from

Reported directly by News Corp in its filing.

Tagged under the XBRL concept us-gaap:LongTermInvestments.

The source filing: News Corp’s 10-K, filed August 7, 2026.

Filed
Aug 7, 2026, 7:02 AM EDT
Fiscal year
FY2026
Accession
0001564708-26-000175
Line itemNotesAs of June 30, 2026As of June 30, 2025
Other current assets328519
Total current assets4,4824,811
Non-current assets:
Investments61,0021,016
Property, plant and equipment, net71,3981,331
Operating lease right-of-use assets754789
Intangible assets, net81,8371,930
Goodwill84,5424,373

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is News Corp's equity method investments?
News Corp (NWSA) reported equity method investments of $1B in Q2 2026.
How has News Corp's equity method investments changed year-over-year?
News Corp's equity method investments decreased by 1.4% year-over-year, from $1.02B to $1B.
What is the long-term trend for News Corp's equity method investments?
Over 5 years (2021 to 2026), News Corp's equity method investments has grown at a 23.3% compound annual growth rate (CAGR), from $351M to $1B.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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