News Historical Income Statement

NWS Stock

USD 32.06 0.05 0.16%

Historical analysis of News Corp income statement accounts such as Gross Profit of 3.8 B can show how well News Corp B performed in making a profits. Evaluating News Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of News Corp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining News Corp B latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether News Corp B is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

About News Income Statement Analysis

News Corp B Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to News Corp shareholders. The income statement also shows News investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

News Corp Income Statement Chart

At this time, News Corp's Cost Of Revenue is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 371.7 M in 2024, whereas Interest Expense is likely to drop slightly above 61.7 M in 2024.

Gross Profit Other Operating Expenses Ebit Ebitda

Gross Profit

Gross profit is a required income statement account that reflects total revenue of News Corp B minus its cost of goods sold. It is profit before News Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of News Corp B. It is also known as News Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from News Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into News Corp B current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

	2021	2022	2023	2024 (projected)
Interest Expense	99M	100M	85M	61.7M
Depreciation And Amortization	813M	823M	734M	651.9M

Interest Expense Depreciation And Amortization

News Corp income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.68	0.8	-0.27	0.76	0.29	-0.24	-0.05	-0.01	0.47	0.21	0.44	0.16	-0.4	-0.81	0.47	0.35	-0.11	0.52	-0.02	-0.24	-0.87	0.9
Interest Expense	0.68		0.58	-0.06	0.59	-0.24	-0.29	-0.17	-0.09	0.49	0.47	0.59	-0.24	-0.21	-0.3	0.2	0.72	-0.47	0.42	-0.59	-0.11	-0.51	0.49
Total Revenue	0.8	0.58		-0.04	0.97	0.33	-0.21	-0.04	-0.14	0.51	0.26	0.4	0.41	-0.53	-0.7	0.67	0.35	-0.27	0.26	0.0	0.07	-0.94	0.89
Gross Profit	-0.27	-0.06	-0.04		-0.04	-0.1	0.38	0.33	-0.07	-0.23	-0.11	-0.24	-0.01	-0.23	0.36	0.0	0.29	-0.31	-0.27	-0.27	0.29	0.17	-0.17
Other Operating Expenses	0.76	0.59	0.97	-0.04		0.28	-0.22	-0.05	-0.1	0.48	0.25	0.42	0.27	-0.63	-0.57	0.72	0.38	-0.28	0.25	-0.01	0.11	-0.86	0.84
Operating Income	0.29	-0.24	0.33	-0.1	0.28		0.42	0.49	-0.03	-0.14	-0.53	-0.3	0.48	-0.51	-0.53	0.35	-0.48	0.71	0.3	0.39	-0.33	-0.43	0.51
Ebit	-0.24	-0.29	-0.21	0.38	-0.22	0.42		0.98	0.06	-0.84	-0.86	-0.86	-0.11	-0.21	0.1	0.02	-0.37	0.46	-0.07	0.12	-0.09	0.16	-0.12
Ebitda	-0.05	-0.17	-0.04	0.33	-0.05	0.49	0.98		0.03	-0.76	-0.83	-0.78	-0.06	-0.3	-0.06	0.14	-0.3	0.45	0.03	0.1	-0.13	-0.02	0.07
Total Operating Expenses	-0.01	-0.09	-0.14	-0.07	-0.1	-0.03	0.06	0.03		-0.14	-0.11	-0.07	-0.19	-0.18	0.23	0.43	-0.08	0.05	-0.03	0.34	-0.12	0.16	-0.22
Income Before Tax	0.47	0.49	0.51	-0.23	0.48	-0.14	-0.84	-0.76	-0.14		0.9	0.95	0.31	-0.07	-0.33	0.21	0.59	-0.46	0.44	-0.26	-0.18	-0.45	0.43
Total Other Income Expense Net	0.21	0.47	0.26	-0.11	0.25	-0.53	-0.86	-0.83	-0.11	0.9		0.91	0.11	0.17	-0.02	0.0	0.71	-0.71	0.23	-0.36	0.0	-0.16	0.1
Net Income	0.44	0.59	0.4	-0.24	0.42	-0.3	-0.86	-0.78	-0.07	0.95	0.91		0.0	-0.08	-0.16	0.15	0.71	-0.52	0.42	-0.36	-0.21	-0.31	0.31
Income Tax Expense	0.16	-0.24	0.41	-0.01	0.27	0.48	-0.11	-0.06	-0.19	0.31	0.11	0.0		-0.07	-0.54	0.26	-0.26	0.13	0.11	0.29	0.08	-0.49	0.43
Selling General Administrative	-0.4	-0.21	-0.53	-0.23	-0.63	-0.51	-0.21	-0.3	-0.18	-0.07	0.17	-0.08	-0.07		0.22	-0.75	-0.16	-0.13	-0.32	-0.22	0.2	0.44	-0.55
Selling And Marketing Expenses	-0.81	-0.3	-0.7	0.36	-0.57	-0.53	0.1	-0.06	0.23	-0.33	-0.02	-0.16	-0.54	0.22		-0.35	0.07	-0.19	-0.39	-0.2	0.24	0.89	-0.89
Cost Of Revenue	0.47	0.2	0.67	0.0	0.72	0.35	0.02	0.14	0.43	0.21	0.0	0.15	0.26	-0.75	-0.35		0.15	-0.09	0.17	0.29	-0.12	-0.61	0.58
Net Income From Continuing Ops	0.35	0.72	0.35	0.29	0.38	-0.48	-0.37	-0.3	-0.08	0.59	0.71	0.71	-0.26	-0.16	0.07	0.15		-0.79	0.37	-0.58	-0.15	-0.19	0.19
Non Recurring	-0.11	-0.47	-0.27	-0.31	-0.28	0.71	0.46	0.45	0.05	-0.46	-0.71	-0.52	0.13	-0.13	-0.19	-0.09	-0.79		0.18	0.34	-0.36	0.09	0.02
Non Operating Income Net Other	0.52	0.42	0.26	-0.27	0.25	0.3	-0.07	0.03	-0.03	0.44	0.23	0.42	0.11	-0.32	-0.39	0.17	0.37	0.18		-0.2	-0.77	-0.34	0.47
Minority Interest	-0.02	-0.59	0.0	-0.27	-0.01	0.39	0.12	0.1	0.34	-0.26	-0.36	-0.36	0.29	-0.22	-0.2	0.29	-0.58	0.34	-0.2		0.13	-0.07	0.08
Tax Provision	-0.24	-0.11	0.07	0.29	0.11	-0.33	-0.09	-0.13	-0.12	-0.18	0.0	-0.21	0.08	0.2	0.24	-0.12	-0.15	-0.36	-0.77	0.13		0.09	-0.2
Net Interest Income	-0.87	-0.51	-0.94	0.17	-0.86	-0.43	0.16	-0.02	0.16	-0.45	-0.16	-0.31	-0.49	0.44	0.89	-0.61	-0.19	0.09	-0.34	-0.07	0.09		-0.97
Reconciled Depreciation	0.9	0.49	0.89	-0.17	0.84	0.51	-0.12	0.07	-0.22	0.43	0.1	0.31	0.43	-0.55	-0.89	0.58	0.19	0.02	0.47	0.08	-0.2	-0.97

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News Corp Account Relationship Matchups

News Corp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	644M	808M	813M	823M	734M	651.9M
Interest Expense	25M	53M	99M	100M	85M	61.7M
Total Revenue	9.0B	9.4B	10.4B	9.9B	10.1B	10.0B
Gross Profit	3.4B	3.8B	4.6B	4.0B	5.1B	3.8B
Other Operating Expenses	8.6B	8.8B	9.4B	9.2B	9.3B	9.5B
Operating Income	2.2B	671M	1.0B	230M	811M	622.7M
Ebit	2.2B	487M	917M	414M	644M	746.6M
Ebitda	2.8B	1.3B	1.7B	1.2B	1.4B	1.7B
Total Operating Expenses	8.6B	8.8B	9.4B	9.2B	3.5B	6.6B
Income Before Tax	(1.5B)	450M	812M	330M	546M	573.3M
Total Other Income Expense Net	(3.7B)	(221M)	(169M)	(376M)	(265M)	(278.3M)
Net Income	(1.5B)	330M	623M	149M	266M	279.3M
Income Tax Expense	21M	61M	52M	143M	192M	201.6M
Selling General Administrative	802M	1.7B	1.8B	1.6B	1.9B	1.6B
Selling And Marketing Expenses	2.2B	1.6B	1.8B	1.7B	1.6B	2.2B
Cost Of Revenue	5.6B	5.5B	5.8B	5.8B	5.0B	6.0B
Net Income From Continuing Ops	(1.5B)	389M	760M	187M	354M	371.7M
Non Recurring	1.8B	168M	109M	150M	172.5M	163.9M
Non Operating Income Net Other	(38M)	78M	39M	(126M)	(144.9M)	(152.1M)
Net Income Applicable To Common Shares	(1.3B)	330M	623M	149M	171.4M	179.9M
Minority Interest	807M	935M	(137M)	(38M)	(88M)	(83.6M)
Tax Provision	21M	61M	52M	143M	192M	122.0M
Net Interest Income	(25M)	(53M)	(99M)	(100M)	(85M)	(80.8M)
Reconciled Depreciation	644M	680M	688M	714M	734M	693M

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News Historical Income Statement

About News Income Statement Analysis

News Corp Income Statement Chart

Gross Profit

Other Operating Expenses

News Corp income statement Correlations

News Corp Account Relationship Matchups

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News Corp income statement Accounts

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Ebitda	+ 0.98	Ebit
Other Operating Expenses	+ 0.97	Total Revenue
Net Income	+ 0.95	Income Before Tax
Net Income	+ 0.91	Total Other Income Expense Net
Reconciled Depreciation	+ 0.9	Depreciation And Amortization
Total Other Income Expense Net	+ 0.9	Income Before Tax

Reconciled Depreciation	- 0.97	Net Interest Income
Net Interest Income	- 0.94	Total Revenue
Reconciled Depreciation	- 0.89	Selling And Marketing Expenses
Net Interest Income	- 0.87	Depreciation And Amortization
Net Income	- 0.86	Ebit
Total Other Income Expense Net	- 0.86	Ebit