News (NWS) Tax Rate (2012 - 2026)
News posted quarterly Tax Rate of 35.98% for Q1 2026, up 684.0% year-on-year from 4.59% in Q1 2025, and up 5.63% on a QoQ basis from 34.06% in Q4 2025.
News (NWS) has 15 years of Tax Rate data on file, last reported at 35.98% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 684.0% year-over-year to 35.98%; the trailing twelve-month figure through Mar 2026 stood at 33.44% (up 326.0% YoY), and the FY2025 full-year result was 29.79%, down 542.0% from the prior year.
- Tax Rate for Q1 2026 stood at 35.98%, up from 34.06% in the prior quarter.
- Across five years, Tax Rate topped out at 735.0% in Q2 2022 and bottomed at 21.8% in Q1 2022.
- The 5-year median for Tax Rate is 34.65% (2022), against an average of 76.74%.
- The widest annual swing landed in 2022, when Tax Rate jumped 64902 bps; it then tumbled 66227 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 39.35% in 2022, then decreased by 15 bps to 33.33% in 2023, then slipped by 13 bps to 28.84% in 2024, then climbed by 18 bps to 34.06% in 2025, then grew by 6 bps to 35.98% in 2026.
- The last three Tax Rate figures came in at 35.98% (Q1 2026), 34.06% (Q4 2025), and 29.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 19.31 |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 26.79 |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 6.86 |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 7.79 |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 25.85 |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 8.62 |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 3.27 |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 35.98 |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 12.04 |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | 24.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.98 |
| Mar 31, 2026 | 35.98 |
| Dec 31, 2025 | 34.06 |
| Dec 31, 2025 | 34.06 |
| Sep 30, 2025 | 29.25 |
| Sep 30, 2025 | 29.25 |
| Jun 30, 2025 | 34.85 |
| Jun 30, 2025 | 34.85 |
| Mar 31, 2025 | 29.14 |
| Mar 31, 2025 | 29.14 |
| Dec 31, 2024 | 28.84 |
| Dec 31, 2024 | 28.84 |
| Sep 30, 2024 | 29.05 |
| Sep 30, 2024 | 29.05 |
| Jun 30, 2024 | 39.09 |
| Jun 30, 2024 | 39.09 |
| Mar 31, 2024 | 33.33 |
| Mar 31, 2024 | 33.33 |
| Dec 31, 2023 | 33.33 |
| Dec 31, 2023 | 33.33 |
| Sep 30, 2023 | 38.95 |
| Sep 30, 2023 | 38.95 |
| Jun 30, 2023 | 72.73 |
| Jun 30, 2023 | 72.73 |
| Mar 31, 2023 | 35.16 |
| Mar 31, 2023 | 35.16 |
| Dec 31, 2022 | 39.35 |
| Dec 31, 2022 | 39.35 |
| Sep 30, 2022 | 34.65 |
| Sep 30, 2022 | 34.65 |
| Jun 30, 2022 | 735.00 |
| Jun 30, 2022 | 735.00 |
| Mar 31, 2022 | 21.80 |
| Mar 31, 2022 | 21.80 |
| Dec 31, 2021 | 27.42 |
| Dec 31, 2021 | 27.42 |
| Sep 30, 2021 | 21.01 |
| Sep 30, 2021 | 21.01 |
| Jun 30, 2021 | 85.98 |
| Jun 30, 2021 | 85.98 |
| Mar 31, 2021 | 30.94 |
| Mar 31, 2021 | 30.94 |
| Dec 31, 2020 | 24.57 |
| Dec 31, 2020 | 24.57 |
| Sep 30, 2020 | 34.72 |
| Sep 30, 2020 | 34.72 |
| Mar 31, 2020 | 0.96 |
| Mar 31, 2020 | 0.96 |
| Dec 31, 2019 | 33.55 |
| Dec 31, 2019 | 33.55 |
| Sep 30, 2019 | 9.05 |
| Sep 30, 2019 | 9.05 |
| Jun 30, 2019 | -50.00 |
| Jun 30, 2019 | -50.00 |
| Mar 31, 2019 | 23.33 |
| Mar 31, 2019 | 23.33 |
| Dec 31, 2018 | 31.61 |
| Dec 31, 2018 | 31.61 |
| Sep 30, 2018 | 28.09 |
| Sep 30, 2018 | 28.09 |
| Jun 30, 2018 | -21.58 |
| Jun 30, 2018 | -21.58 |
| Mar 31, 2018 | -0.27 |
| Mar 31, 2018 | -0.27 |
| Dec 31, 2017 | 139.05 |
| Dec 31, 2017 | 139.05 |
| Sep 30, 2017 | 38.30 |
| Sep 30, 2017 | 38.30 |
| Jun 30, 2017 | -3.92 |
| Jun 30, 2017 | -3.92 |
| Mar 31, 2017 | 100.00 |
| Mar 31, 2017 | 100.00 |
| Dec 31, 2016 | 12.75 |
| Dec 31, 2016 | 12.75 |
| Sep 30, 2016 | 100.00 |
| Sep 30, 2016 | 100.00 |
| Jun 30, 2016 | 131.00 |
| Jun 30, 2016 | 131.00 |
| Mar 31, 2016 | 43.36 |
| Mar 31, 2016 | 43.36 |
| Dec 31, 2015 | 31.61 |
| Dec 31, 2015 | 31.61 |
| Sep 30, 2015 | -203.85 |
| Sep 30, 2015 | -203.85 |
| Jun 30, 2015 | -55.00 |
| Jun 30, 2015 | -55.00 |
| Mar 31, 2015 | 30.86 |
| Mar 31, 2015 | 30.86 |
| Dec 31, 2014 | 26.32 |
| Dec 31, 2014 | 26.32 |
| Sep 30, 2014 | 30.13 |
| Sep 30, 2014 | 30.13 |
| Jun 30, 2014 | -6.63 |
| Jun 30, 2014 | -6.63 |
| Mar 31, 2014 | 1.61 |
| Mar 31, 2014 | 1.61 |
| Dec 31, 2013 | 468.89 |
| Dec 31, 2013 | 468.89 |
| Sep 30, 2013 | 108.68 |
| Sep 30, 2013 | 108.68 |
| Jun 30, 2013 | -15.98 |
| Jun 30, 2013 | -15.98 |
| Mar 31, 2013 | 1.48 |
| Mar 31, 2013 | 1.48 |
| Dec 31, 2012 | -0.28 |
| Dec 31, 2012 | -0.28 |
| Sep 30, 2012 | 25.23 |
| Sep 30, 2012 | 25.23 |