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.
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.
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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
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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 Expense | 99M | 100M | 85M | 61.7M | Depreciation And Amortization | 813M | 823M | 734M | 651.9M |
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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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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.