News (NWSA) Tax Rate (2013 - 2026)
News (NWSA) recorded Tax Rate of 17.27% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 17.58 percentage points from 34.85% a year earlier and down 18.71 percentage points from the prior quarter.
News (NWSA) Tax Rate (2013 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), News reported Tax Rate of 28.97%, down 0.83 percentage points from FY2025.
- Annual Tax Rate has declined for three straight fiscal years, though with a five-year change of +15.41 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Tax Rate came in at 29.79% in FY2025 (-5.42 pp), 35.21% in FY2024 (-4.79 pp), 40.00% in FY2023 (+33.60 pp) and 6.40% in FY2022 (-7.15 pp).
- The fiscal Q4 2026 figure is the lowest quarterly Tax Rate since fiscal Q3 2020.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -3.52 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 649.02 percentage points in fiscal Q4 2022, against a drop of 662.27 percentage points in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 35.98% (Q3 2026), 34.06% (Q2 2026) and 29.25% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | - |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - | 24.43% |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn | 27.11% |
| 4 | News | 15.94 Bn | 8.14 Bn | - | 17.27% |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 25.40% |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn | 23.40% |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - | - |
| 10 | Wpp | 5.33 Bn | -6.48 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.27% |
| Mar 31, 2026 | 35.98% |
| Dec 31, 2025 | 34.06% |
| Sep 30, 2025 | 29.25% |
| Jun 30, 2025 | 34.85% |
| Mar 31, 2025 | 29.14% |
| Dec 31, 2024 | 28.84% |
| Sep 30, 2024 | 29.05% |
| Jun 30, 2024 | 39.09% |
| Mar 31, 2024 | 33.33% |
| Dec 31, 2023 | 33.33% |
| Sep 30, 2023 | 38.95% |
| Jun 30, 2023 | 72.73% |
| Mar 31, 2023 | 35.16% |
| Dec 31, 2022 | 39.35% |
| Sep 30, 2022 | 34.65% |
| Mar 31, 2022 | 21.80% |
| Dec 31, 2021 | 27.42% |
| Sep 30, 2021 | 21.01% |
| Mar 31, 2021 | 30.94% |
News Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NWSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NWSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NWSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();