NWS vs TDAY
News Corp. and USA Today Co. Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NWS | TDAY |
|---|---|---|
| Revenue | $9.0B | $2.3B |
| Net income | $573.0M | $1.7M |
| Gross margin | · | 38.7% |
| Net margin | 8.2% | 0.1% |
| Return on equity | 6.6% | 1.1% |
| Diluted EPS | $1.03 | $0.01 |
| Dividend / share | · | · |
| Payout ratio | 35.6% | · |
| Free cash flow | $811.0M | $62.9M |
| Equity | $8.5B | $155.1M |
| Net debt / equity | −0.01× | 5.57× |
| Current ratio | 1.62× | 0.75× |
| Revenue CAGR 5y | −0.7% | −7.5% |
| Profit CAGR 5y | 11.7% | · |
NWS bills 3.9× the revenue of TDAY, and keeps more of each dollar of revenue as profit (8.2% against 0.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | NWS | TDAY |
|---|---|---|
| FY2025 | $9.0B | $2.3B |
| FY2024 | $8.5B | $2.5B |
| FY2023 | $8.3B | $2.7B |
| FY2022 | $8.0B | $2.9B |
| FY2021 | $10.4B | $3.2B |
| FY2020 | $9.4B | $3.4B |
| FY2019 | $9.0B | $1.9B |
| FY2018 | $10.1B | $1.5B |
| FY2017 | $9.0B | $1.3B |
| FY2016 | $8.1B | $1.3B |
Bottom line
| Fiscal year | NWS | TDAY |
|---|---|---|
| FY2025 | $573.0M | $1.7M |
| FY2024 | $1.2B | $-26.4M |
| FY2023 | $266.0M | $-27.8M |
| FY2022 | $149.0M | $-78.0M |
| FY2021 | $623.0M | $-135.0M |
| FY2020 | $330.0M | $-670.5M |
| FY2019 | $-1.3B | $-119.8M |
| FY2018 | $155.0M | $18.2M |
| FY2017 | $-1.5B | $-915,000 |
| FY2016 | $-738.0M | $31.6M |
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$6,725,774,000 | NWS |
| FY2024 | +$5,942,685,000 | NWS |
| FY2023 | +$5,588,450,000 | NWS |
| FY2022 | +$5,066,697,000 | NWS |
| FY2021 | +$7,176,917,000 | NWS |
| FY2020 | +$5,952,330,000 | NWS |
| FY2019 | +$7,140,091,000 | NWS |
| FY2018 | +$8,547,976,000 | NWS |
| FY2017 | +$7,681,996,000 | NWS |
| FY2016 | +$6,883,644,000 | NWS |
| FY2015 | +$7,096,185,000 | NWS |
| FY2014 | +$7,871,677,000 | NWS |
NWS has reported the higher revenue in every one of these 12 fiscal years. The gap has narrowed since the earliest year compared.
12 of 15 comparable fiscal years — a year missing data on either side is not counted.
12 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.2 pp | NWS |
| FY2024 | +16.9 pp | NWS |
| FY2023 | +5.3 pp | NWS |
| FY2022 | +5.0 pp | NWS |
| FY2021 | +11.6 pp | NWS |
| FY2020 | +23.9 pp | NWS |
| FY2019 | −10.7 pp | TDAY |
| FY2018 | +1.1 pp | NWS |
| FY2017 | −15.9 pp | TDAY |
| FY2016 | −10.4 pp | TDAY |
| FY2015 | −2.6 pp | TDAY |
| FY2014 | −0.4 pp | TDAY |
The higher net margin has changed hands between NWS and TDAY over this period.
12 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NWS's net margin has been more volatile than TDAY's over the 12 comparable fiscal years — 9.3 percentage points of standard deviation against 6.1.
12 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NWS and TDAY over these 12 fiscal years — NWS led in 7 and TDAY in 5.
12 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TDAY's return on equity has been more volatile than NWS's over the 12 comparable fiscal years — 28.2 percentage points of standard deviation against 8.3.
12 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NWS and TDAY over these 12 fiscal years — NWS led in 6 and TDAY in 6.
12 of 15 comparable fiscal years — a year missing data on either side is not counted.