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

PulteGroup is the larger business by last-quarter revenue ($3.4B vs $2.4B, roughly 1.4× News Corp (Class A)). PulteGroup runs the higher net margin — 10.2% vs 8.2%, a 2.0% gap on every dollar of revenue. On growth, News Corp (Class A) posted the faster year-over-year revenue change (5.5% vs -12.4%). Over the past eight quarters, News Corp (Class A)'s revenue compounded faster (-1.3% CAGR vs -13.9%).

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.

PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.

NWSA vs PHM — Head-to-Head

Bigger by revenue
PHM
PHM
1.4× larger
PHM
$3.4B
$2.4B
NWSA
Growing faster (revenue YoY)
NWSA
NWSA
+18.0% gap
NWSA
5.5%
-12.4%
PHM
Higher net margin
PHM
PHM
2.0% more per $
PHM
10.2%
8.2%
NWSA
Faster 2-yr revenue CAGR
NWSA
NWSA
Annualised
NWSA
-1.3%
-13.9%
PHM

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
NWSA
NWSA
PHM
PHM
Revenue
$2.4B
$3.4B
Net Profit
$193.0M
$347.0M
Gross Margin
Operating Margin
Net Margin
8.2%
10.2%
Revenue YoY
5.5%
-12.4%
Net Profit YoY
-10.2%
-33.6%
EPS (diluted)
$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
NWSA
NWSA
PHM
PHM
Q1 26
$3.4B
Q4 25
$2.4B
$4.6B
Q3 25
$2.1B
$4.4B
Q2 25
$1.6B
$4.4B
Q1 25
$2.0B
$3.9B
Q4 24
$2.2B
$4.9B
Q3 24
$2.6B
$4.5B
Q2 24
$2.6B
$4.6B
Net Profit
NWSA
NWSA
PHM
PHM
Q1 26
$347.0M
Q4 25
$193.0M
$501.6M
Q3 25
$112.0M
$585.8M
Q2 25
$743.0M
$608.5M
Q1 25
$103.0M
$522.8M
Q4 24
$215.0M
$913.2M
Q3 24
$119.0M
$697.9M
Q2 24
$50.0M
$809.1M
Gross Margin
NWSA
NWSA
PHM
PHM
Q1 26
Q4 25
Q3 25
27.8%
Q2 25
28.6%
Q1 25
28.8%
Q4 24
Q3 24
30.4%
Q2 24
31.4%
Operating Margin
NWSA
NWSA
PHM
PHM
Q1 26
Q4 25
Q3 25
Q2 25
8.5%
Q1 25
7.5%
Q4 24
19.2%
Q3 24
7.9%
Q2 24
4.3%
Net Margin
NWSA
NWSA
PHM
PHM
Q1 26
10.2%
Q4 25
8.2%
10.9%
Q3 25
5.2%
13.3%
Q2 25
45.6%
13.8%
Q1 25
5.1%
13.4%
Q4 24
9.6%
18.6%
Q3 24
4.6%
15.6%
Q2 24
1.9%
17.6%
EPS (diluted)
NWSA
NWSA
PHM
PHM
Q1 26
Q4 25
$0.34
$2.56
Q3 25
$0.20
$2.96
Q2 25
$1.30
$3.03
Q1 25
$0.18
$2.57
Q4 24
$0.38
$4.41
Q3 24
$0.21
$3.35
Q2 24
$0.09
$3.83

Balance Sheet & Financial Strength

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

Metric
NWSA
NWSA
PHM
PHM
Cash + ST InvestmentsLiquidity on hand
$2.1B
$1.8B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$8.8B
$13.0B
Total Assets
$15.5B
$5.2B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWSA
NWSA
PHM
PHM
Q1 26
$1.8B
Q4 25
$2.1B
$2.0B
Q3 25
$2.2B
$1.5B
Q2 25
$2.4B
$1.2B
Q1 25
$2.1B
$1.2B
Q4 24
$1.8B
$1.6B
Q3 24
$1.8B
$1.4B
Q2 24
$2.0B
$1.4B
Total Debt
NWSA
NWSA
PHM
PHM
Q1 26
Q4 25
$2.0B
$43.9M
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
$31.1M
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
NWSA
NWSA
PHM
PHM
Q1 26
$13.0B
Q4 25
$8.8B
$13.0B
Q3 25
$8.7B
$12.8B
Q2 25
$8.8B
$12.6B
Q1 25
$8.2B
$12.3B
Q4 24
$8.1B
$12.1B
Q3 24
$8.3B
$11.6B
Q2 24
$8.1B
$11.2B
Total Assets
NWSA
NWSA
PHM
PHM
Q1 26
$5.2B
Q4 25
$15.5B
$18.0B
Q3 25
$15.3B
$17.9B
Q2 25
$15.5B
$17.6B
Q1 25
$16.6B
$17.3B
Q4 24
$16.2B
$17.4B
Q3 24
$16.9B
$17.0B
Q2 24
$16.7B
$16.5B
Debt / Equity
NWSA
NWSA
PHM
PHM
Q1 26
Q4 25
0.22×
0.00×
Q3 25
0.22×
Q2 25
0.22×
Q1 25
0.24×
Q4 24
0.24×
0.00×
Q3 24
0.35×
Q2 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
NWSA
NWSA
PHM
PHM
Operating Cash FlowLast quarter
$231.0M
$159.8M
Free Cash FlowOCF − Capex
$132.0M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
4.2%
0.7%
Cash ConversionOCF / Net Profit
1.20×
0.46×
TTM Free Cash FlowTrailing 4 quarters
$586.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWSA
NWSA
PHM
PHM
Q1 26
$159.8M
Q4 25
$231.0M
$771.1M
Q3 25
$85.0M
$678.4M
Q2 25
$189.0M
$287.5M
Q1 25
$511.0M
$134.2M
Q4 24
$252.0M
$567.6M
Q3 24
$64.0M
$455.9M
Q2 24
$254.0M
$417.5M
Free Cash Flow
NWSA
NWSA
PHM
PHM
Q1 26
Q4 25
$132.0M
$739.8M
Q3 25
$4.0M
$651.1M
Q2 25
$32.0M
$253.0M
Q1 25
$418.0M
$104.6M
Q4 24
$190.0M
$543.1M
Q3 24
$-31.0M
$417.2M
Q2 24
$111.0M
$386.2M
FCF Margin
NWSA
NWSA
PHM
PHM
Q1 26
Q4 25
5.6%
16.0%
Q3 25
0.2%
14.8%
Q2 25
2.0%
5.7%
Q1 25
20.8%
2.7%
Q4 24
8.5%
11.0%
Q3 24
-1.2%
9.3%
Q2 24
4.3%
8.4%
Capex Intensity
NWSA
NWSA
PHM
PHM
Q1 26
0.7%
Q4 25
4.2%
0.7%
Q3 25
3.8%
0.6%
Q2 25
9.6%
0.8%
Q1 25
4.6%
0.8%
Q4 24
2.8%
0.5%
Q3 24
3.7%
0.9%
Q2 24
5.5%
0.7%
Cash Conversion
NWSA
NWSA
PHM
PHM
Q1 26
0.46×
Q4 25
1.20×
1.54×
Q3 25
0.76×
1.16×
Q2 25
0.25×
0.47×
Q1 25
4.96×
0.26×
Q4 24
1.17×
0.62×
Q3 24
0.54×
0.65×
Q2 24
5.08×
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

PHM
PHM

Home sale revenues$3.3B97%
Financial Services$71.7M2%
Land sale and other revenues$29.3M1%

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