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News (NWSAL) Tax Rate % : 29.41% (As of Sep. 2024)


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What is News Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. News's Tax Expense for the three months ended in Sep. 2024 was $60 Mil. News's Pre-Tax Income for the three months ended in Sep. 2024 was $204 Mil. Therefore, News's Tax Rate % for the quarter that ended in Sep. 2024 was 29.41%.

News Tax Rate % Historical Data

The historical data trend for News's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

News Tax Rate % Chart

News Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.38 13.56 6.40 43.33 35.16

News Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.95 33.94 34.38 35.45 29.41

News Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

News's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=192/546
=35.16 %

News's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=60/204
=29.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

News Tax Rate % Related Terms

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News Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Corp (OTCPK:NWSAL) » Definitions » Tax Rate %
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Traded in Other Exchanges
NWSA:USA NWS:USA 0K7V:UK 0K7U:UK NC0:Germany N1WS34:Brazil NWSLV:Australia NWS:Australia
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Website
https://www.newscorp.com
News Corporation is a diversified media conglomerate with significant presence in the us, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. The company also has a strong presence in the Australian subscription video market through 65%-owned Foxtel, and streaming platforms such as sport-focused Kayo and entertainment-focused Binge. Its 61%-owned REA Group is the dominant property listings business in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable us digital property advertising business, Move.