News Corp (Class B) NWS
News Corp (Class B) scores average on business quality (5.4 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What News Corp (Class B) does
News Corp makes money by publishing digital and print news, operating real estate listing platforms, and providing subscription video services. Advertisers and subscribers pay for media access and property data.
- What it does best
News Corp dominates digital real estate listings through platforms like REA Group, outperforming peers with a gross margin of 56.9% vs NYT's 51.4%. This edge relies on deep agent networks and consumer traffic that take years to replicate.
- The main risk
Real estate cyclicality and ad spend volatility threaten its core revenue streams. If housing volumes drop further, high-margin listing revenue takes an immediate hit.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin sits at 12.8% with an FCF margin of 8.9%, showing stable cash conversion as the business shifts toward higher-margin digital products.
Brand recognition and proprietary real estate data lock in consumers and agents, sitting in the middle of the pack at the 50th percentile for revenue growth.
Revenue grew to $9.0 billion, rebounding from prior-year dips but still below 2022 levels as traditional print segments slow.
Net cash position of $106 million provides a sturdy balance sheet cushion, paired with $805 million in free cash flow, getting stronger.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
5 sold $3.2M outside pre-planned sales.
Our sealed record on NWS
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
News Corp (Class B) scores average on the Cluenex quality check (5.4 of 10), measured against its own industry. Profitability is weak, moat fair, growth slow and financial health strong.
In the last 90 days of SEC Form 4 filings: 5 sold $3.2M outside pre-planned sales.
Nov 5, 2026.
See NWS today
- Today's verdict on NWS, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “News Corp (Class B) (NWS)”, https://cluenex.com/stocks/nws/, data as of Oct 10, 2026.