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

Royal Caribbean Group is the larger business by last-quarter revenue ($4.3B vs $2.4B, roughly 1.8× News Corp (Class A)). Royal Caribbean Group runs the higher net margin — 17.9% vs 8.2%, a 9.7% gap on every dollar of revenue. On growth, Royal Caribbean Group posted the faster year-over-year revenue change (13.2% vs 5.5%). Over the past eight quarters, Royal Caribbean Group's revenue compounded faster (1.8% CAGR vs -1.3%).

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.

Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...

NWSA vs RCL — Head-to-Head

Bigger by revenue
RCL
RCL
1.8× larger
RCL
$4.3B
$2.4B
NWSA
Growing faster (revenue YoY)
RCL
RCL
+7.7% gap
RCL
13.2%
5.5%
NWSA
Higher net margin
RCL
RCL
9.7% more per $
RCL
17.9%
8.2%
NWSA
Faster 2-yr revenue CAGR
RCL
RCL
Annualised
RCL
1.8%
-1.3%
NWSA

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
NWSA
NWSA
RCL
RCL
Revenue
$2.4B
$4.3B
Net Profit
$193.0M
$762.0M
Gross Margin
Operating Margin
21.9%
Net Margin
8.2%
17.9%
Revenue YoY
5.5%
13.2%
Net Profit YoY
-10.2%
36.3%
EPS (diluted)
$0.34
$2.76

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
RCL
RCL
Q1 26
$4.3B
Q4 25
$2.4B
$4.3B
Q3 25
$2.1B
$5.1B
Q2 25
$1.6B
$4.5B
Q1 25
$2.0B
$4.0B
Q4 24
$2.2B
$3.8B
Q3 24
$2.6B
$4.9B
Q2 24
$2.6B
$4.1B
Net Profit
NWSA
NWSA
RCL
RCL
Q1 26
$762.0M
Q4 25
$193.0M
$753.0M
Q3 25
$112.0M
$1.6B
Q2 25
$743.0M
$1.2B
Q1 25
$103.0M
$730.0M
Q4 24
$215.0M
$552.0M
Q3 24
$119.0M
$1.1B
Q2 24
$50.0M
$854.0M
Gross Margin
NWSA
NWSA
RCL
RCL
Q1 26
Q4 25
47.4%
Q3 25
51.8%
Q2 25
49.7%
Q1 25
48.0%
Q4 24
45.4%
Q3 24
51.1%
Q2 24
47.6%
Operating Margin
NWSA
NWSA
RCL
RCL
Q1 26
21.9%
Q4 25
21.9%
Q3 25
33.1%
Q2 25
8.5%
29.3%
Q1 25
7.5%
23.6%
Q4 24
19.2%
16.6%
Q3 24
7.9%
33.4%
Q2 24
4.3%
26.7%
Net Margin
NWSA
NWSA
RCL
RCL
Q1 26
17.9%
Q4 25
8.2%
17.7%
Q3 25
5.2%
30.6%
Q2 25
45.6%
26.7%
Q1 25
5.1%
18.3%
Q4 24
9.6%
14.7%
Q3 24
4.6%
22.7%
Q2 24
1.9%
20.8%
EPS (diluted)
NWSA
NWSA
RCL
RCL
Q1 26
$2.76
Q4 25
$0.34
$2.76
Q3 25
$0.20
$5.74
Q2 25
$1.30
$4.41
Q1 25
$0.18
$2.70
Q4 24
$0.38
$2.27
Q3 24
$0.21
$4.21
Q2 24
$0.09
$3.11

Balance Sheet & Financial Strength

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

Metric
NWSA
NWSA
RCL
RCL
Cash + ST InvestmentsLiquidity on hand
$2.1B
$825.0M
Total DebtLower is stronger
$2.0B
$21.3B
Stockholders' EquityBook value
$8.8B
$10.2B
Total Assets
$15.5B
$41.6B
Debt / EquityLower = less leverage
0.22×
2.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWSA
NWSA
RCL
RCL
Q1 26
$825.0M
Q4 25
$2.1B
$825.0M
Q3 25
$2.2B
$432.0M
Q2 25
$2.4B
$735.0M
Q1 25
$2.1B
$386.0M
Q4 24
$1.8B
$388.0M
Q3 24
$1.8B
$418.0M
Q2 24
$2.0B
$391.0M
Total Debt
NWSA
NWSA
RCL
RCL
Q1 26
$21.3B
Q4 25
$2.0B
$18.2B
Q3 25
$2.0B
$17.2B
Q2 25
$2.0B
$17.6B
Q1 25
$2.0B
$18.0B
Q4 24
$2.0B
$18.5B
Q3 24
$2.9B
$19.0B
Q2 24
$2.9B
$19.8B
Stockholders' Equity
NWSA
NWSA
RCL
RCL
Q1 26
$10.2B
Q4 25
$8.8B
$10.0B
Q3 25
$8.7B
$10.1B
Q2 25
$8.8B
$9.2B
Q1 25
$8.2B
$8.0B
Q4 24
$8.1B
$7.6B
Q3 24
$8.3B
$7.0B
Q2 24
$8.1B
$6.0B
Total Assets
NWSA
NWSA
RCL
RCL
Q1 26
$41.6B
Q4 25
$15.5B
$41.6B
Q3 25
$15.3B
$40.1B
Q2 25
$15.5B
$38.5B
Q1 25
$16.6B
$37.5B
Q4 24
$16.2B
$37.1B
Q3 24
$16.9B
$37.1B
Q2 24
$16.7B
$37.0B
Debt / Equity
NWSA
NWSA
RCL
RCL
Q1 26
2.08×
Q4 25
0.22×
1.81×
Q3 25
0.22×
1.70×
Q2 25
0.22×
1.92×
Q1 25
0.24×
2.26×
Q4 24
0.24×
2.44×
Q3 24
0.35×
2.69×
Q2 24
0.36×
3.29×

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
RCL
RCL
Operating Cash FlowLast quarter
$231.0M
$6.5B
Free Cash FlowOCF − Capex
$132.0M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
1.20×
8.48×
TTM Free Cash FlowTrailing 4 quarters
$586.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWSA
NWSA
RCL
RCL
Q1 26
$6.5B
Q4 25
$231.0M
$1.6B
Q3 25
$85.0M
$1.5B
Q2 25
$189.0M
$1.7B
Q1 25
$511.0M
$1.6B
Q4 24
$252.0M
$1.5B
Q3 24
$64.0M
$897.0M
Q2 24
$254.0M
$1.6B
Free Cash Flow
NWSA
NWSA
RCL
RCL
Q1 26
Q4 25
$132.0M
$116.0M
Q3 25
$4.0M
$-989.0M
Q2 25
$32.0M
$910.0M
Q1 25
$418.0M
$1.2B
Q4 24
$190.0M
$915.0M
Q3 24
$-31.0M
$563.0M
Q2 24
$111.0M
$-567.0M
FCF Margin
NWSA
NWSA
RCL
RCL
Q1 26
Q4 25
5.6%
2.7%
Q3 25
0.2%
-19.2%
Q2 25
2.0%
20.1%
Q1 25
20.8%
30.0%
Q4 24
8.5%
24.3%
Q3 24
-1.2%
11.5%
Q2 24
4.3%
-13.8%
Capex Intensity
NWSA
NWSA
RCL
RCL
Q1 26
Q4 25
4.2%
35.4%
Q3 25
3.8%
47.8%
Q2 25
9.6%
18.4%
Q1 25
4.6%
10.7%
Q4 24
2.8%
14.7%
Q3 24
3.7%
6.8%
Q2 24
5.5%
52.1%
Cash Conversion
NWSA
NWSA
RCL
RCL
Q1 26
8.48×
Q4 25
1.20×
2.16×
Q3 25
0.76×
0.93×
Q2 25
0.25×
1.44×
Q1 25
4.96×
2.23×
Q4 24
1.17×
2.66×
Q3 24
0.54×
0.81×
Q2 24
5.08×
1.84×

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%

RCL
RCL

Segment breakdown not available.

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