News (NWS) FY2022 results: revenue $8.4 billion, down 9.8% on the year
News Corp. (NWS) reported revenue of $8.4 billion for fiscal 2022, the year ended 30 June 2022, down 9.8% on the year before. Net income was $623 million, up 88.8%, and diluted earnings per share $1.05. The figures are the company's own, from the 10-K it filed with the SEC on 12 August 2022.
Revenue
$8.4 billion
-9.8% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$623 million
+88.8% on the year
FY2015FY2022
Diluted EPS
$1.05
+87.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,354
1,237
780
+9.5%
Capital expenditure
310
390
438
-20.5%
Free cash flow
1,044
847
342
+23.3%
Free cash flow margin
12.4%
9.1%
3.8%
Cash from investing
-2,076
-1,292
-427
Cash from financing
404
699
-472
-42.2%
Depreciation and amortisation
372
680
644
-45.3%
Share-based compensation
57.0
128
69.0
-55.5%
Buybacks
179
0.0
0.0
Dividends paid
175
163
158
+7.4%
Diluted shares, weighted
592m
593m
588m
-0.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
8,222
8,211
7,582
+0.1%
Non-controlling interest
921
935
807
-1.5%
Debt
3,069
2,313
1,259
+32.7%
Operating lease liabilities
947
1,116
1,146
-15.1%
Other liabilities
4,062
4,196
3,467
-3.2%
Total liabilities and equity
17,221
16,771
14,261
+2.7%
Fixed assets
2,103
2,272
2,256
-7.4%
Goodwill
4,300
4,653
3,951
-7.6%
Intangible assets
2,671
2,179
1,864
+22.6%
Investments
488
351
297
+39.0%
Cash and equivalents
1,771
2,236
1,517
-20.8%
Receivables
1,502
1,498
1,203
+0.3%
Inventory
311
253
348
+22.9%
Other assets
4,075
3,329
2,825
+22.4%
Total assets
17,221
16,771
14,261
+2.7%
10-K for the year ended 30 June 2022, filed 12 August 2022: the filing.