vs

Side-by-side financial comparison of Lineage, Inc. (LINE) and News Corp (Class A) (NWSA). Click either name above to swap in a different company.

News Corp (Class A) is the larger business by last-quarter revenue ($2.4B vs $1.4B, roughly 1.7× Lineage, Inc.). News Corp (Class A) runs the higher net margin — 8.2% vs -7.3%, a 15.4% gap on every dollar of revenue. On growth, News Corp (Class A) posted the faster year-over-year revenue change (5.5% vs 3.1%). News Corp (Class A) produced more free cash flow last quarter ($132.0M vs $35.0M).

Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.

News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media.

LINE vs NWSA — Head-to-Head

Bigger by revenue
NWSA
NWSA
1.7× larger
NWSA
$2.4B
$1.4B
LINE
Growing faster (revenue YoY)
NWSA
NWSA
+2.4% gap
NWSA
5.5%
3.1%
LINE
Higher net margin
NWSA
NWSA
15.4% more per $
NWSA
8.2%
-7.3%
LINE
More free cash flow
NWSA
NWSA
$97.0M more FCF
NWSA
$132.0M
$35.0M
LINE

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
LINE
LINE
NWSA
NWSA
Revenue
$1.4B
$2.4B
Net Profit
$-100.0M
$193.0M
Gross Margin
32.3%
Operating Margin
2.5%
Net Margin
-7.3%
8.2%
Revenue YoY
3.1%
5.5%
Net Profit YoY
79.4%
-10.2%
EPS (diluted)
$-0.44
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LINE
LINE
NWSA
NWSA
Q4 25
$2.4B
Q3 25
$1.4B
$2.1B
Q2 25
$1.4B
$1.6B
Q1 25
$1.3B
$2.0B
Q4 24
$1.3B
$2.2B
Q3 24
$1.3B
$2.6B
Q2 24
$1.3B
$2.6B
Q1 24
$1.3B
$2.4B
Net Profit
LINE
LINE
NWSA
NWSA
Q4 25
$193.0M
Q3 25
$-100.0M
$112.0M
Q2 25
$-6.0M
$743.0M
Q1 25
$0
$103.0M
Q4 24
$-71.0M
$215.0M
Q3 24
$-485.0M
$119.0M
Q2 24
$-68.0M
$50.0M
Q1 24
$-40.0M
$30.0M
Gross Margin
LINE
LINE
NWSA
NWSA
Q4 25
Q3 25
32.3%
Q2 25
31.9%
Q1 25
32.2%
Q4 24
32.3%
Q3 24
32.8%
Q2 24
33.4%
Q1 24
33.4%
Operating Margin
LINE
LINE
NWSA
NWSA
Q4 25
Q3 25
2.5%
Q2 25
1.7%
8.5%
Q1 25
4.3%
7.5%
Q4 24
-1.6%
19.2%
Q3 24
-38.6%
7.9%
Q2 24
5.5%
4.3%
Q1 24
7.6%
2.6%
Net Margin
LINE
LINE
NWSA
NWSA
Q4 25
8.2%
Q3 25
-7.3%
5.2%
Q2 25
-0.4%
45.6%
Q1 25
5.1%
Q4 24
-5.3%
9.6%
Q3 24
-36.3%
4.6%
Q2 24
-5.1%
1.9%
Q1 24
-3.0%
1.2%
EPS (diluted)
LINE
LINE
NWSA
NWSA
Q4 25
$0.34
Q3 25
$-0.44
$0.20
Q2 25
$-0.03
$1.30
Q1 25
$0.01
$0.18
Q4 24
$-0.52
$0.38
Q3 24
$-2.44
$0.21
Q2 24
$-0.46
$0.09
Q1 24
$-0.28
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LINE
LINE
NWSA
NWSA
Cash + ST InvestmentsLiquidity on hand
$2.1B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$8.4B
$8.8B
Total Assets
$19.2B
$15.5B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LINE
LINE
NWSA
NWSA
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.4B
Q1 25
$2.1B
Q4 24
$173.0M
$1.8B
Q3 24
$409.0M
$1.8B
Q2 24
$73.0M
$2.0B
Q1 24
$1.9B
Total Debt
LINE
LINE
NWSA
NWSA
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.9B
Q2 24
$2.9B
Q1 24
$2.9B
Stockholders' Equity
LINE
LINE
NWSA
NWSA
Q4 25
$8.8B
Q3 25
$8.4B
$8.7B
Q2 25
$8.6B
$8.8B
Q1 25
$8.6B
$8.2B
Q4 24
$8.6B
$8.1B
Q3 24
$9.0B
$8.3B
Q2 24
$4.9B
$8.1B
Q1 24
$5.6B
$8.1B
Total Assets
LINE
LINE
NWSA
NWSA
Q4 25
$15.5B
Q3 25
$19.2B
$15.3B
Q2 25
$19.4B
$15.5B
Q1 25
$18.8B
$16.6B
Q4 24
$18.7B
$16.2B
Q3 24
$19.3B
$16.9B
Q2 24
$18.8B
$16.7B
Q1 24
$16.5B
Debt / Equity
LINE
LINE
NWSA
NWSA
Q4 25
0.22×
Q3 25
0.22×
Q2 25
0.22×
Q1 25
0.24×
Q4 24
0.24×
Q3 24
0.35×
Q2 24
0.36×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LINE
LINE
NWSA
NWSA
Operating Cash FlowLast quarter
$230.0M
$231.0M
Free Cash FlowOCF − Capex
$35.0M
$132.0M
FCF MarginFCF / Revenue
2.5%
5.6%
Capex IntensityCapex / Revenue
14.2%
4.2%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$586.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LINE
LINE
NWSA
NWSA
Q4 25
$231.0M
Q3 25
$230.0M
$85.0M
Q2 25
$258.0M
$189.0M
Q1 25
$139.0M
$511.0M
Q4 24
$252.0M
Q3 24
$186.0M
$64.0M
Q2 24
$155.0M
$254.0M
Q1 24
$105.0M
$539.0M
Free Cash Flow
LINE
LINE
NWSA
NWSA
Q4 25
$132.0M
Q3 25
$35.0M
$4.0M
Q2 25
$95.0M
$32.0M
Q1 25
$-12.0M
$418.0M
Q4 24
$190.0M
Q3 24
$33.0M
$-31.0M
Q2 24
$-31.0M
$111.0M
Q1 24
$-42.0M
$422.0M
FCF Margin
LINE
LINE
NWSA
NWSA
Q4 25
5.6%
Q3 25
2.5%
0.2%
Q2 25
7.0%
2.0%
Q1 25
-0.9%
20.8%
Q4 24
8.5%
Q3 24
2.5%
-1.2%
Q2 24
-2.3%
4.3%
Q1 24
-3.2%
17.4%
Capex Intensity
LINE
LINE
NWSA
NWSA
Q4 25
4.2%
Q3 25
14.2%
3.8%
Q2 25
12.1%
9.6%
Q1 25
11.7%
4.6%
Q4 24
2.8%
Q3 24
11.5%
3.7%
Q2 24
13.9%
5.5%
Q1 24
11.1%
4.8%
Cash Conversion
LINE
LINE
NWSA
NWSA
Q4 25
1.20×
Q3 25
0.76×
Q2 25
0.25×
Q1 25
4.96×
Q4 24
1.17×
Q3 24
0.54×
Q2 24
5.08×
Q1 24
17.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LINE
LINE

Warehousing Operations$883.0M64%
Other$308.0M22%
Warehouse Lease$60.0M4%
Food Sales$52.0M4%
E Commerce And Other$46.0M3%
Railcar Lease$23.0M2%
Service Other$5.0M0%

NWSA
NWSA

Book Publishing Segment$633.0M27%
Consumer$607.0M26%
News And Information Services Segment$570.0M24%
Real Estate$401.0M17%
Other Product Or Service$173.0M7%

Related Comparisons