News (NWS) Tax Rate (2012 - 2026)
News' (NWS) quarterly Tax Rate came in at 35.98% in Q1 2026, up 684.0% year-on-year from 4.59% in Q1 2025, and up 5.63% quarter-over-quarter from 34.06% in Q4 2025.
News (NWS) Tax Rate (2012 - 2026) Analysis & Trends
News' Tax Rate history runs 15 years deep, the most recent figure standing at 35.98% for Q1 2026.
- On a quarterly basis, Tax Rate rose 684.0% year-over-year to 35.98% in Q1 2026; TTM through Mar 2026 was 33.44%, a 326.0% increase from a year earlier, with the FY2025 full-year figure at 29.79%, down 542.0% from the prior year.
- Tax Rate advanced to 35.98% in Q1 2026 per NWS's latest filing, 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%.
- Across the five-year window, Tax Rate soared 64902 bps in 2022 and sank 66227 bps in 2023, its largest moves.
- Year by year, Tax Rate 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.
- Per Business Quant, the three latest NWS Tax Rate figures stand at 35.98% (Q1 2026), 34.06% (Q4 2025), and 29.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 16.40% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 26.79% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 6.86% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 7.79% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 8.62% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 3.32% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 12.05% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 25.85% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 35.98% |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 24.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.98% |
| Mar 31, 2026 | 35.98% |
| Mar 31, 2026 | 35.98% |
| Dec 31, 2025 | 34.06% |
| Dec 31, 2025 | 34.06% |
| Dec 31, 2025 | 34.06% |
| Sep 30, 2025 | 29.25% |
| Sep 30, 2025 | 29.25% |
| Sep 30, 2025 | 29.25% |
| Jun 30, 2025 | 34.85% |
| Jun 30, 2025 | 34.85% |
| Jun 30, 2025 | 34.85% |
| Mar 31, 2025 | 29.14% |
| Mar 31, 2025 | 29.14% |
| Mar 31, 2025 | 29.14% |
| Dec 31, 2024 | 28.84% |
| Dec 31, 2024 | 28.84% |
| Dec 31, 2024 | 28.84% |
| Sep 30, 2024 | 29.05% |
| Sep 30, 2024 | 29.05% |