News Historical Income Statement

NWS Stock  USD 32.11  0.42  1.33%   
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.
 
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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.
  
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.

Total Revenue

Total revenue comprises all receipts News Corp B generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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.
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.
 2021 2022 2023 2024 (projected)
Interest Expense99M100M85M61.7M
Depreciation And Amortization813M823M734M651.9M

News Corp income statement Correlations

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0.760.590.97-0.040.28-0.22-0.05-0.10.480.250.420.27-0.63-0.570.720.38-0.280.25-0.010.11-0.860.84
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-0.24-0.29-0.210.38-0.220.420.980.06-0.84-0.86-0.86-0.11-0.210.10.02-0.370.46-0.070.12-0.090.16-0.12
-0.05-0.17-0.040.33-0.050.490.980.03-0.76-0.83-0.78-0.06-0.3-0.060.14-0.30.450.030.1-0.13-0.020.07
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0.210.470.26-0.110.25-0.53-0.86-0.83-0.110.90.910.110.17-0.020.00.71-0.710.23-0.360.0-0.160.1
0.440.590.4-0.240.42-0.3-0.86-0.78-0.070.950.910.0-0.08-0.160.150.71-0.520.42-0.36-0.21-0.310.31
0.16-0.240.41-0.010.270.48-0.11-0.06-0.190.310.110.0-0.07-0.540.26-0.260.130.110.290.08-0.490.43
-0.4-0.21-0.53-0.23-0.63-0.51-0.21-0.3-0.18-0.070.17-0.08-0.070.22-0.75-0.16-0.13-0.32-0.220.20.44-0.55
-0.81-0.3-0.70.36-0.57-0.530.1-0.060.23-0.33-0.02-0.16-0.540.22-0.350.07-0.19-0.39-0.20.240.89-0.89
0.470.20.670.00.720.350.020.140.430.210.00.150.26-0.75-0.350.15-0.090.170.29-0.12-0.610.58
0.350.720.350.290.38-0.48-0.37-0.3-0.080.590.710.71-0.26-0.160.070.15-0.790.37-0.58-0.15-0.190.19
-0.11-0.47-0.27-0.31-0.280.710.460.450.05-0.46-0.71-0.520.13-0.13-0.19-0.09-0.790.180.34-0.360.090.02
0.520.420.26-0.270.250.3-0.070.03-0.030.440.230.420.11-0.32-0.390.170.370.18-0.2-0.77-0.340.47
-0.02-0.590.0-0.27-0.010.390.120.10.34-0.26-0.36-0.360.29-0.22-0.20.29-0.580.34-0.20.13-0.070.08
-0.24-0.110.070.290.11-0.33-0.09-0.13-0.12-0.180.0-0.210.080.20.24-0.12-0.15-0.36-0.770.130.09-0.2
-0.87-0.51-0.940.17-0.86-0.430.16-0.020.16-0.45-0.16-0.31-0.490.440.89-0.61-0.190.09-0.34-0.070.09-0.97
0.90.490.89-0.170.840.51-0.120.07-0.220.430.10.310.43-0.55-0.890.580.190.020.470.08-0.2-0.97
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News Corp Account Relationship Matchups

News Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization644M808M813M823M734M651.9M
Interest Expense25M53M99M100M85M61.7M
Total Revenue9.0B9.4B10.4B9.9B10.1B10.0B
Gross Profit3.4B3.8B4.6B4.0B5.1B3.8B
Other Operating Expenses8.6B8.8B9.4B9.2B9.3B9.5B
Operating Income2.2B671M1.0B230M811M622.7M
Ebit2.2B487M917M414M644M746.6M
Ebitda2.8B1.3B1.7B1.2B1.4B1.7B
Total Operating Expenses8.6B8.8B9.4B9.2B3.5B6.6B
Income Before Tax(1.5B)450M812M330M546M573.3M
Total Other Income Expense Net(3.7B)(221M)(169M)(376M)(265M)(278.3M)
Net Income(1.5B)330M623M149M266M279.3M
Income Tax Expense21M61M52M143M192M201.6M
Selling General Administrative802M1.7B1.8B1.6B1.9B1.6B
Selling And Marketing Expenses2.2B1.6B1.8B1.7B1.6B2.2B
Cost Of Revenue5.6B5.5B5.8B5.8B5.0B6.0B
Net Income From Continuing Ops(1.5B)389M760M187M354M371.7M
Non Recurring1.8B168M109M150M172.5M163.9M
Non Operating Income Net Other(38M)78M39M(126M)(144.9M)(152.1M)
Net Income Applicable To Common Shares(1.3B)330M623M149M171.4M179.9M
Minority Interest807M935M(137M)(38M)(88M)(83.6M)
Tax Provision21M61M52M143M192M122.0M
Net Interest Income(25M)(53M)(99M)(100M)(85M)(80.8M)
Reconciled Depreciation644M680M688M714M734M693M

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Additional Tools for News Stock Analysis

When running News Corp's price analysis, check to measure News Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy News Corp is operating at the current time. Most of News Corp's value examination focuses on studying past and present price action to predict the probability of News Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News Corp's price. Additionally, you may evaluate how the addition of News Corp to your portfolios can decrease your overall portfolio volatility.