NWS vs. MORN

Last updated Apr 1, 2026

Compare and contrast key facts about News Corporation (NWS) and Morningstar, Inc. (MORN).

Performance

NWS vs. MORN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in News Corporation (NWS) and Morningstar, Inc. (MORN). The values are adjusted to include any dividend payments, if applicable.

NWS vs. MORN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NWS News Corporation	-3.43%	-2.01%	19.18%	41.02%	-17.20%	27.73%	24.46%	27.44%	-29.47%	42.83%
MORN Morningstar, Inc.	-22.03%	-35.05%	18.29%	33.10%	-36.31%	48.23%	54.54%	38.93%	14.34%	33.38%

Fundamentals

Market Cap NWS : $16.09B MORN : $6.88B
EPS NWS : $2.84 MORN : $8.90
PE Ratio NWS : 10.02 MORN : 18.99
PEG Ratio NWS : 0.09 MORN : 0.38
PS Ratio NWS : 1.87 MORN : 2.89
PB Ratio NWS : 1.83 MORN : 5.63
Total Revenue (TTM) NWS : $8.62B MORN : $2.46B
Gross Profit (TTM) NWS : $2.33B MORN : $1.32B
EBITDA (TTM) NWS : $1.00B MORN : $710.30M

Returns By Period

In the year-to-date period, NWS achieves a -3.43% return, which is significantly higher than MORN's -22.03% return. Over the past 10 years, NWS has outperformed MORN with an annualized return of 8.97%, while MORN has yielded a comparatively lower 7.41% annualized return.

NWS

• 1D: 0.67%
• 1M: 6.85%
• YTD: -3.43%
• 6M: -17.18%
• 1Y: -5.49%
• 3Y*: 18.69%
• 5Y*: 4.40%
• 10Y*: 8.97%

MORN

• 1D: 2.66%
• 1M: -7.69%
• YTD: -22.03%
• 6M: -26.82%
• 1Y: -43.21%
• 3Y*: -5.31%
• 5Y*: -5.64%
• 10Y*: 7.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NWS vs. MORN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NWS

NWS Risk / Return Rank: 33
NWS Sharpe Ratio Rank: 32
NWS Sortino Ratio Rank: 28
NWS Omega Ratio Rank: 28
NWS Calmar Ratio Rank: 38
NWS Martin Ratio Rank: 38

MORN

MORN Risk / Return Rank: 5
MORN Sharpe Ratio Rank: 1
MORN Sortino Ratio Rank: 2
MORN Omega Ratio Rank: 3
MORN Calmar Ratio Rank: 11
MORN Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NWS vs. MORN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for News Corporation (NWS) and Morningstar, Inc. (MORN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NWS	MORN	Difference
Sharpe ratio Return per unit of total volatility	-0.21	-1.37	+1.16
Sortino ratio Return per unit of downside risk	-0.11	-2.08	+1.97
Omega ratio Gain probability vs. loss probability	0.99	0.74	+0.24
Calmar ratio Return relative to maximum drawdown	-0.12	-0.84	+0.72
Martin ratio Return relative to average drawdown	-0.25	-1.58	+1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NWS vs. MORN - Sharpe Ratio Comparison

The current NWS Sharpe Ratio is -0.21, which is higher than the MORN Sharpe Ratio of -1.37. The chart below compares the historical Sharpe Ratios of NWS and MORN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NWS	MORN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.21	-1.37	+1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	-0.19	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.28	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.38	-0.17

Correlation

The correlation between NWS and MORN is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NWS vs. MORN - Dividend Comparison

NWS's dividend yield for the trailing twelve months is around 0.70%, less than MORN's 1.10% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NWS News Corporation	0.70%	0.67%	0.66%	0.78%	1.08%	0.89%	1.13%	1.38%	1.73%	1.20%	1.69%	0.72%
MORN Morningstar, Inc.	1.10%	0.84%	0.48%	0.52%	0.66%	0.28%	0.65%	0.74%	0.91%	0.95%	1.20%	0.95%

Drawdowns

NWS vs. MORN - Drawdown Comparison

The maximum NWS drawdown since its inception was -51.84%, smaller than the maximum MORN drawdown of -67.92%. Use the drawdown chart below to compare losses from any high point for NWS and MORN.

Drawdown Indicators

	NWS	MORN	Difference
Max Drawdown Largest peak-to-trough decline	-51.84%	-67.92%	+16.08%
Max Drawdown (1Y) Largest decline over 1 year	-26.84%	-50.65%	+23.81%
Max Drawdown (5Y) Largest decline over 5 years	-40.27%	-56.70%	+16.43%
Max Drawdown (10Y) Largest decline over 10 years	-51.84%	-56.70%	+4.86%
Current Drawdown Current decline from peak	-18.39%	-52.47%	+34.08%
Average Drawdown Average peak-to-trough decline	-16.24%	-18.05%	+1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.74%	26.90%	-14.16%

Volatility

NWS vs. MORN - Volatility Comparison

The current volatility for News Corporation (NWS) is 6.12%, while Morningstar, Inc. (MORN) has a volatility of 11.66%. This indicates that NWS experiences smaller price fluctuations and is considered to be less risky than MORN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NWS	MORN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.12%	11.66%	-5.54%
Volatility (6M) Calculated over the trailing 6-month period	19.96%	24.03%	-4.07%
Volatility (1Y) Calculated over the trailing 1-year period	26.76%	31.71%	-4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.96%	29.60%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.67%	27.02%	+2.65%

Financials

NWS vs. MORN - Profitability Comparison

The chart below illustrates the profitability comparison between News Corporation and Morningstar, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NWS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, News Corporation reported a gross profit of -1.20B and revenue of 2.36B. Therefore, the gross margin over that period was -50.9%.

MORN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Morningstar, Inc. reported a gross profit of 214.70M and revenue of 653.80M. Therefore, the gross margin over that period was 32.8%.

NWS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, News Corporation reported an operating income of 51.00M and revenue of 2.36B, resulting in an operating margin of 2.2%.

MORN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Morningstar, Inc. reported an operating income of 147.40M and revenue of 653.80M, resulting in an operating margin of 22.6%.

NWS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, News Corporation reported a net income of 654.00M and revenue of 2.36B, resulting in a net margin of 27.7%.

MORN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Morningstar, Inc. reported a net income of 115.10M and revenue of 653.80M, resulting in a net margin of 17.6%.