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FOX

NASDAQ · USD
Fox Corporation
Communication Services · Entertainment
CEO Lachlan Keith Murdoch Employees 10,550 R&D / revenue 0.0%
Last price
$57.22+0.14%last session
Market cap
$25.5B
P/E (TTM)
14.7x
From 52w high
−16.1%
From 52w low
+29.8%
1-year return
+11.6%
RSI 14 · vs SMA200
52.1 · +1.7%
IS score
48.0/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

FOX   SPY   XLC (sector ETF) · weekly closes
90100110120130Jan 26Apr 26Jul 26Oct 26SPY 116FOX 112XLC 97

Score DNA

Each bar is a 0-100 score within the scored universe
59
Profitability
26
Growth
82
Value
55
Momentum
65
Risk (safety)
77
Quality
84
Balance sheet
75
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Insider buying
Warnings
None of the computed warning flags fires for FOX (Altman, Beneish, accruals, FCF, dilution).
Observations
Piotroski 7 / 9Altman Z 3.0Beta 0.593 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
1
$10.27M bought
Form 144 notices (12m): 10, $111.1M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−17
59 new holders, 68 closed
515 filers hold 33.2% · 183 added, 208 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+79
945 funds adding shares
866 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
47.7%
20-day avg 46.2%, 50-day avg 46.3%
Latest 1.5 pp over its 20-day average · a flow, not short interest

Key financials · FY2026

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$17.1B
Revenue growth YoY+5.1%
Gross margin36.6%
Operating income$3.9B
Operating margin22.7%
Net income$1.7B
Net margin9.8%
EPS (diluted)$3.90
Cash flow
Operating cash flow$2.0B
Capital expenditure$502.0M
Free cash flow$1.5B
FCF conversion (FCF / OCF)74.5%
Stock-based compensation$132.0M
FCF less SBC$1.3B
Buybacks$2.0B
Dividends$287.0M
Balance sheet & returns
Cash & short-term investments$4.2B
Total debt$6.6B
Net debt$2.4B
Shareholders' equity$11.8B
Goodwill & intangibles$6.5B
Debt / equity0.65
ROE (TTM)14.7%
ROIC (TTM)14.1%
Operating margin by fiscal year
18.4%FY202218.5%FY202317.7%FY202419.8%FY202520.9%FY2026
Revenue $14.0B (FY2022) to $17.1B (FY2026), a 5.2% CAGR.

Valuation

P/E (TTM)14.7x
EV / EBITDA7.5x
Price / sales1.49x
Price / FCF17.4x
FCF yield5.75%
Buyback yield7.85%
SBC / revenue0.8%
Price / book2.09x
Forward P/E FY20279.6x
Forward P/E FY20289.8x
Forward multiples divide today's price by Street EPS estimates. Street mean target $88.25 across 4 analysts last quarter is theirs, not ours.

FOX vs industry median

159 companies in Entertainment
Gross margin 36.6% 38.6% Operating margin 21.5% -6.1% Net margin 9.8% -10.4% ROIC 14.1% 3.8%
FOX (TTM)Industry median Asset turnover 0.76 vs industry 0.43 · financial leverage 1.93

Earnings delivery

Next report 2026-11-02 · consensus EPS $2.07
100%
beat rate, 12 of 12 quarters
+28.0%
median EPS surprise
12
longest beat streak
+9+167+13+10+28+39+20+28+36+61+34+24
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-02 to 2026-08-06. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
FOX Fox Corporation $25.5B14.7x14.7%9.8%+5.1% +11.6%
FWONK Liberty Media Corporation $22.8B45.2x3.0%0.5%+12.2% −9.5%
ROKU Roku, Inc. $20.4B64.4x13.1%12.1%+18.5% +62.1%
WMG Warner Music Group Corp. $16.4B24.3x93.1%10.9%+12.9% −2.7%
LYV Live Nation Entertainment, I $39.7Bn/m60.9%3.8%+10.8% +12.5%
TKO TKO Group Holdings, Inc. $12.8B58.1x6.0%6.6%+35.9% —
PSKY Paramount Skydance Corporati $10.6Bn/m-4.4%0.6%+33.6% —
MSGS Madison Square Garden Sports $9.5B1,237.8x-2.8%10.2%+11.0% —
12-month window: SPY +15.9%, sector ETF XLC −3.4%. Past returns describe history only.

Recent 8-K filings

2026-10-14Shareholder Vote
2026-10-06Other Events
2026-09-09Other Events
2026-08-10Exhibits
2026-08-06Earnings Release; Exhibits
2026-06-30Material Agreement; Financial Obligation; Exhibits

Context

Shares outstanding445,296,191
Free float55.9%
Institutional ownership33.2%
Beta0.59
Dividend yield1.00%
Last dividend$0.29 on 2026-09-02
50 / 200-day average$58.21 / $56.36
Large-cap Communication Services median P/E16.1x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality.

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where FOX sits among 26 scored companies in Entertainment (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureFOXIndustry medianIndustry percentileSector median
P/E (TTM) 15.1x 45.2x
6th		 16.6x
PEG (P/E ÷ 3-yr EPS CAGR) 0.88 0.88
50th		 0.47
Price / sales 1.5x 2.3x
24th		 1.6x
Price / book 2.2x 2.3x
45th		 2.1x
Price / tangible book 3.9x 5.6x
36th		 3.7x
Price / free cash flow 17.4x 18.5x
48th		 10.4x
Price / operating cash flow 12.9x 11.2x
64th		 8.9x
Enterprise value $28.8B $7.6B
84th		 $3.9B
EV / sales 1.7x 2.9x
20th		 2.2x
EV / EBITDA 7.7x 16.5x
13th		 10.0x
EV / EBIT 8.6x 27.1x
10th		 15.8x
EV / free cash flow 19.6x 20.9x
48th		 17.3x
Earnings yield 6.6% 1.4%
96th		 2.4%
FCF yield 5.8% 4.7%
60th		 6.6%
Operating cash flow yield 7.7% 8.5%
44th		 10.7%
Graham number (per share) $49.06 $25.11
88th		 $31.22

Profitability (TTM)

MeasureFOXIndustry medianIndustry percentileSector median
Gross margin 36.6% 45.0%
32nd		 51.5%
EBITDA margin 21.9% 17.7%
60th		 18.1%
Operating margin 20.9% 10.0%
84th		 9.7%
EBIT margin 19.5% 9.7%
84th		 9.3%
Net margin 9.8% 4.6%
80th		 5.3%
NOPAT margin 15.9% 7.2%
84th		 7.1%
FCF margin 8.6% 10.9%
36th		 10.5%
Operating cash flow margin 11.5% 18.2%
28th		 17.4%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 13.8% 17.0%
16th		 26.0%
Stock comp / revenue 0.8% 1.0%
24th		 1.7%
Effective tax rate 24.2% 21.0%
60th		 21.0%

Returns on capital

MeasureFOXIndustry medianIndustry percentileSector median
ROE (on average equity) 14.3% 6.0%
80th		 7.6%
ROA 7.4% 1.7%
88th		 3.1%
ROIC 18.1% 5.4%
88th		 7.6%
ROCE 16.8% 6.3%
96th		 7.2%
Return on tangible assets 14.6% 4.3%
96th		 5.5%
Cash ROIC (OCF / invested capital) 13.1% 16.9%
36th		 15.6%
Gross profitability (GP / assets) 27.5% 27.7%
48th		 26.4%
ROIC, 3-yr average 12.3% 2.7%
95th		 4.1%
ROIC, 5-yr average 11.8% 2.8%
87th		 3.7%
ROE, 5-yr average 14.0% 3.5%
80th		 5.0%
Incremental ROIC -433.5% 7.3%
4th		 1.0%

Growth

MeasureFOXIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 5.1% 12.2%
24th		 7.2%
Revenue growth (QoQ) 5.5% 5.5%
48th		 4.0%
Revenue CAGR, 3 yr 4.7% 8.1%
21st		 5.0%
Revenue CAGR, 5 yr 5.8% 17.8%
17th		 7.4%
Gross profit CAGR, 3 yr -25.5% 10.4%
0th		 6.4%
Operating income CAGR, 3 yr 9.0% 25.0%
31st		 13.7%
Net income growth (TTM YoY) -25.5% 3.3%
23rd		 12.6%
Net income CAGR, 3 yr 10.8% 10.8%
40th		 20.1%
EPS growth (TTM YoY) -20.5% 4.4%
23rd		 15.5%
EPS CAGR, 3 yr 17.2% 16.2%
60th		 26.6%
EPS CAGR, 5 yr 1.4% 19.1%
17th		 14.4%
FCF growth (TTM YoY) -51.0% 30.9%
0th		 20.6%
FCF CAGR, 3 yr 0.6% 19.8%
15th		 16.7%
Operating cash flow CAGR, 3 yr 3.1% 17.5%
7th		 13.1%
Book value CAGR, 3 yr 9.8% 8.8%
67th		 3.9%
Dividend CAGR, 3 yr 7.0% 13.6%
33rd		 4.2%
Sustainable growth rate 11.9% 7.7%
69th		 7.7%

Margin history & stability

MeasureFOXIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 38.5% 44.6%
35th		 52.4%
Operating margin, 3-yr average 19.5% 10.6%
85th		 7.5%
Net margin, 3-yr average 11.5% 3.9%
90th		 4.7%
FCF margin, 3-yr average 12.5% 9.8%
65th		 9.7%
Revenue stability (0-1) 0.83 0.84
36th		 0.83
Earnings stability (0-1) 0.02 0.29
23rd		 0.30
Margin stability (0-1) 0.46 0.82
15th		 0.88

Liquidity (latest quarter)

MeasureFOXIndustry medianIndustry percentileSector median
Cash & short-term investments $4.2B $698.2M
84th		 $479.5M
Net cash (− = net debt) −$3.4B −$1.1B
28th		 −$532.8M
Working capital $5.8B −$24.5M
96th		 $125.0M
Current ratio 3.17 0.96
96th		 1.28
Quick ratio 2.99 0.95
96th		 1.28
Cash ratio (cash + ST investments / current liabilities) 1.58 0.56
92nd		 0.70
Defensive interval (days) 1,079 days 446 days
96th		 395 days

Leverage & solvency (latest quarter)

MeasureFOXIndustry medianIndustry percentileSector median
Total debt $7.6B $1.4B
84th		 $1.2B
Debt / equity 0.65 0.68
47th		 0.67
Net debt / equity 0.29 0.45
30th		 0.37
Debt / assets 33.7% 31.0%
64th		 30.9%
Debt / capital 39.4% 41.2%
45th		 40.7%
Debt / EBITDA 2.02 3.10
35th		 3.03
Net debt / EBITDA 0.90 1.99
26th		 1.41
Interest coverage (EBIT / interest) 9.4x 2.7x
84th		 3.2x
Cash interest coverage 5.5x 5.7x
44th		 5.5x
Debt payback (years of OCF) 3.8 yrs 2.8 yrs
68th		 2.8 yrs
Liabilities / assets 47.5% 57.2%
24th		 56.1%
IS credit model rating A+ — —
Implied credit spread (bps) 125 400
16th		 400

Efficiency

MeasureFOXIndustry medianIndustry percentileSector median
Asset turnover 0.75 0.69
60th		 0.52
Fixed asset turnover 9.30 3.81
64th		 3.99
Inventory turnover 23.8 45.9
20th		 23.8
Receivables turnover 5.8 10.2
20th		 8.1
Days sales outstanding 63 days 36 days
76th		 44 days
Days inventory outstanding 15 days 8 days
80th		 15 days
Days payables outstanding 18 days 34 days
29th		 57 days
Cash conversion cycle (days) 61 days 3 days
96th		 1 days
Capex / revenue 2.9% 2.9%
52nd		 3.5%
Capex / depreciation 1.22 0.32
80th		 0.60
Operating expense ratio 20.4% 29.7%
12th		 45.3%

Cash flow & earnings quality

MeasureFOXIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.17 3.00
6th		 2.40
FCF / net income 0.87 2.80
6th		 1.69
FCF / operating cash flow 74.5% 87.0%
32nd		 72.9%
Capex / operating cash flow 25.5% 13.0%
68th		 27.1%
Accruals ratio -1.2% -9.8%
92nd		 -8.0%
Sloan accruals ratio -0.7% -5.0%
80th		 -5.6%
Earnings quality score (0-1) 1.00 0.75
71st		 0.75

Dividends & buybacks

MeasureFOXIndustry medianIndustry percentileSector median
Dividend yield 1.0% 0.0%
76th		 0.0%
Dividend per share (TTM) $0.57 $0.00
80th		 $0.00
Payout ratio (dividends / net income) 17.0% 3.0%
65th		 5.7%
Dividends / FCF 19.6% 0.0%
86th		 0.0%
Dividend growth (YoY) 10.6% 11.7%
44th		 3.2%
Buyback yield 7.8% 0.4%
92nd		 1.7%
Shareholder yield (dividends + buybacks) 9.0% 0.4%
92nd		 3.5%
Share count change (YoY) -6.3% -0.0%
9th		 -0.8%
Buybacks, last 5 years $8.4B $60.1M
88th		 $152.3M

Scores & forensic checks

MeasureFOXIndustry medianIndustry percentileSector median
IS score 48 50
48th		 44
IS profitability 59 29
88th		 36
IS growth 26 55
10th		 56
IS value 82 32
96th		 44
IS momentum 55 67
24th		 66
IS risk (safety) 65 50
68th		 30
IS quality 77 62
88th		 58
IS balance sheet 84 46
92nd		 48
IS earnings quality 75 61
72nd		 58
IS cash flow 40 59
20th		 56
Piotroski F-score (0-9) 7 6
60th		 5
Altman Z-score 3.0 1.9
72nd		 1.7
Beneish M-score −2.20 −2.53
67th		 −2.74
Ohlson O-score −8.94 −6.64
20th		 −7.27
IS credit score 77 46
84th		 49

Per share

MeasureFOXIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $3.94 $0.73
92nd		 $0.86
Book value per share $27.17 $16.10
76th		 $14.63
Tangible book per share $12.49 −$0.47
76th		 $1.25
Revenue per share $40.01 $26.80
80th		 $17.81
FCF per share $3.43 $3.20
56th		 $1.98
Operating cash flow per share $4.60 $4.58
52nd		 $2.77
Cash per share $9.82 $5.86
68th		 $3.75

Size (TTM)

MeasureFOXIndustry medianIndustry percentileSector median
Market cap $25.5B $6.7B
84th		 $2.7B
Revenue $17.1B $2.9B
84th		 $1.8B
EBITDA $3.7B $507.9M
92nd		 $326.9M
Net income $1.7B $53.6M
88th		 $65.3M
Free cash flow $1.5B $613.7M
80th		 $211.5M
Total assets $22.5B $4.5B
84th		 $3.6B
Shareholders' equity $11.6B $882.6M
88th		 $1.1B
Employees 10,550 2,274
76th		 3,872

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Carey Chase
Director
 Option exercise 5,102——249,857
2026-10-01Carey Chase
Director
 Option exercise 5,102——21,983
2026-10-01Hernandez Roland A
Director
 Option exercise 5,102——22,869
2026-10-01Hernandez Roland A
Director
 Option exercise 5,102——21,983
2026-10-01Burck William A
Director
 Option exercise 5,102——7,337
2026-10-01Burck William A
Director
 Option exercise 5,102——21,983
2026-10-01Ryan Paul D
Director
 Option exercise 5,102——5,102
2026-10-01Ryan Paul D
Director
 Option exercise 5,102——21,983
2026-09-23Abbott Anthony J
Director
 Award / grant 66——15,146
2026-09-23Burck William A
Director
 Award / grant 119——27,085
2026-09-23Carey Chase
Director
 Award / grant 119——27,085
2026-09-23Hernandez Roland A
Director
 Award / grant 119——27,085

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprJunAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired30935,152$22.0M
Open-market buyAcquired1149,934$10.3M
Open-market saleDisposed1149,934$10.3M
Option exerciseAcquired22648,583—
Option exerciseDisposed20638,379—
Tax withholdingDisposed17303,853$20.8M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 10 notices · 1,866,316 shares · $111.1M
FiledFilerShares proposedEst. proceeds
2026-03-13Lachlan K. Murdoch462,380$26.7M
2026-03-12Lachlan K. Murdoch247,257$14.3M
2026-03-12John Nallen216,806$12.5M
2026-03-11Lachlan K. Murdoch242,747$14.1M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 4 trades (2 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-06-16Gilbert CisnerosHouseSale (Full)$1,001 - $15,0002026-07-03
2026-06-15Gilbert Ray CisnerosHouseSale (Full)$1,001 - $15,0002026-07-03
2026-03-13Gilbert CisnerosHousePurchase$1,001 - $15,0002026-04-08
2026-03-12Gilbert Ray CisnerosHousePurchase$1,001 - $15,0002026-04-08
2020-04-14David PerdueSenateSale (Full)$15,001 - $50,0002021-05-02
2020-04-14David PerdueSenateSale (Full)$15,001 - $50,0002021-05-01
2020-04-14David PerdueSenateSale (Full)$15,001 - $50,0002021-05-01
2020-04-14David PerdueSenateSale (Full)$15,001 - $50,0002020-05-08
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
STATE STREET CORP12,828,063$600.9M2.88%
BlackRock, Inc.12,717,346$595.7M2.86%
VANGUARD CAPITAL MANAGEMENT LLC8,529,559$399.5M1.92%
STATE OF WISCONSIN INVESTMENT BOARD7,982,174$373.9M1.79%
GOLDMAN SACHS GROUP INC7,334,015$343.5M1.65%
DODGE & COX7,266,093$340.3M1.63%
VANGUARD PORTFOLIO MANAGEMENT LLC6,417,637$300.6M1.44%
YACKTMAN ASSET MANAGEMENT LP5,649,828$264.6M1.27%
Independent Franchise Partners LLP5,482,675$256.8M1.23%
GEODE CAPITAL MANAGEMENT, LLC3,778,059$176.3M0.85%
DIMENSIONAL FUND ADVISORS LP2,898,862$135.8M0.65%
Amundi2,325,082$108.9M0.52%
NORGES BANK2,190,825$102.6M0.49%
Invesco Ltd.1,835,046$86.0M0.41%
Jupiter Topco LLC1,608,553$75.3M0.36%

Institutional ownership by quarter

2023-092026-0633.2%
% of shares held by 13F filers
2023-092026-06515
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3051533.2%5918320868
2026-03-3153232.6%6619021164
2025-12-3154234.7%9022216251
2025-09-3051233.9%8421713545
2025-06-3047729.8%7819014148
2025-03-3145630.3%8417613836
2024-12-3141330.3%7114612635
2024-09-3038229.8%5812813334
2024-06-3036030.1%4813011922
2024-03-3133929.7%3911812539
2023-12-3134229.6%4412212442
2023-09-3034229.3%4310813328

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-08-07SCHEDULE 13GSTATE STREET CORPORATION8.8%17,474,836
2026-06-16SCHEDULE 13D/ALGC Holdco, LLC38.7%85,372,810
2026-06-16SCHEDULE 13D/AMichael Roberson38.7%85,372,810
2026-06-16SCHEDULE 13D/ALachlan K. Murdoch38.7%85,374,762
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
XLC0.99%$236.8M
VITSX0.01%$211.6M
VSMPX0.01%$211.6M
VTSAX0.01%$211.6M
VTI0.01%$211.6M
VFFSX0.01%$198.9M

Share structure

Shares outstanding445,296,191
Float248,852,440
Free float55.9%

Income statement

Fiscal years, USD
FY2022FY2023FY2024FY2025FY2026
Revenue$14.0B$14.9B$14.0B$16.3B$17.1B
Cost of revenue$0$0$0$10.9B$10.9B
Gross profit$14.0B$14.9B$14.0B$5.4B$6.3B
R&D$0$0$0$0$0
SG&A$1.9B$2.0B$2.0B$2.2B$2.4B
Operating income$2.6B$2.8B$2.5B$3.2B$3.9B
EBITDA$2.4B$2.5B$2.9B$3.8B$3.9B
Pretax income$1.7B$1.7B$2.1B$3.1B$2.3B
Income tax$461.0M$483.0M$550.0M$768.0M$551.0M
Net income$1.2B$1.2B$1.5B$2.3B$1.7B
EPS, diluted$2.11$2.33$3.13$4.91$3.90
Diluted shares570.0M531.0M480.0M461.0M432.0M

Balance sheet

FY2022FY2023FY2024FY2025FY2026
Cash & short-term investments$5.2B$4.3B$4.3B$5.4B$4.2B
Receivables$2.1B$2.2B$2.4B$2.5B$3.5B
Inventory$791.0M$543.0M$626.0M$432.0M$487.0M
Total current assets$8.3B$7.3B$7.5B$8.4B$8.5B
PP&E, net$2.2B$2.7B$2.6B$1.7B$1.8B
Goodwill & intangibles$6.7B$6.6B$6.6B$6.6B$6.5B
Total assets$22.2B$21.9B$22.0B$23.2B$22.5B
Accounts payable$686.0M$785.0M$683.0M$1.1B$0
Total current liabilities$2.3B$3.8B$3.0B$2.9B$2.7B
Long-term debt$7.2B$6.0B$6.6B$6.6B$6.6B
Total liabilities$10.6B$11.2B$10.9B$10.8B$10.7B
Shareholders' equity$11.6B$10.7B$11.1B$12.4B$11.8B

Cash flow statement

Outflows are negative
FY2022FY2023FY2024FY2025FY2026
Net income$1.2B$1.3B$1.6B$2.3B$1.7B
Depreciation & amortization$363.0M$411.0M$389.0M$385.0M$410.0M
Stock-based compensation$102.0M$74.0M$90.0M$135.0M$132.0M
Change in working capital−$683.0M−$270.0M−$570.0M$466.0M−$1.5B
Operating cash flow$1.9B$1.8B$1.8B$3.3B$2.0B
Capital expenditure−$307.0M−$357.0M−$345.0M−$331.0M−$502.0M
Free cash flow$1.6B$1.4B$1.5B$3.0B$1.5B
Investing cash flow−$513.0M−$438.0M−$452.0M−$537.0M−$705.0M
Net debt issued / repaid−$750.0M$0−$18.0M−$600.0M$0
Buybacks−$1.0B−$2.0B−$1.0B−$1.0B−$2.0B
Dividends paid−$307.0M−$299.0M−$281.0M−$277.0M−$287.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2022FY2023FY2024FY2025FY2026
Gross margin100.0%100.0%46.2%33.1%36.1%
Operating margin18.4%18.5%17.7%19.8%20.9%
Net margin8.6%8.3%10.7%13.9%9.8%
FCF margin11.3%9.7%10.7%18.4%8.6%
ROE10.7%11.4%14.2%20.0%14.3%
ROIC13.5%13.9%12.6%17.2%18.1%
ROA5.3%5.6%6.8%10.0%7.4%
Debt / equity0.680.790.760.620.65
Interest coverage5.5x6.0x6.2x8.6x9.4x
Current ratio3.611.932.542.913.17
Revenue growth+8.3%+6.7%−6.3%+16.6%+5.1%
EPS growth−41.4%+13.8%+31.0%+54.4%−20.5%
P/E at year end13.2x12.6x9.9x10.4x11.9x
EV / EBITDA at year end7.6x7.8x6.4x6.6x6.2x
FCF yield at year end9.93%9.22%10.10%12.75%7.32%
Dividend payout25.5%24.1%18.7%12.2%17.0%

Revenue by segment

FY2022FY2023FY2024FY2025FY2026
Television Segment$7.7B$8.7B$7.9B$9.3B$9.7B
Cable Network Programming Segment$6.1B$6.0B$6.0B$6.9B$7.3B

Street estimates by fiscal year

Next report 2026-11-02 · consensus EPS $2.07 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$16.6B$16.4B – $16.7B$5.06$4.86 – $5.31411.3x
2027$17.6B$17.4B – $17.8B$5.97$5.88 – $6.0649.6x
2028$17.6B$17.4B – $17.8B$5.84$5.63 – $5.9749.8x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-06$1.44$1.79+24.3%$3.6B$4.2B+15.7%
2026-05-11$0.99$1.32+33.6%$3.8B$4.0B+5.7%
2026-02-04$0.51$0.82+60.8%$5.1B$5.2B+2.4%
2025-10-30$1.11$1.51+36.0%$3.6B$3.7B+4.8%
2025-08-05$0.99$1.27+27.6%$3.1B$3.3B+5.2%
2025-05-12$0.92$1.10+20.0%$4.2B$4.4B+4.0%
2025-02-04$0.69$0.96+38.7%$4.9B$5.1B+4.3%
2024-11-04$1.13$1.45+28.3%$3.4B$3.6B+5.5%
2024-08-06$0.82$0.90+9.8%$3.1B$3.1B−0.2%
2024-05-08$0.96$1.09+13.1%$3.4B$3.4B−0.0%
2024-02-07$0.13$0.34+167.3%$4.2B$4.2B+0.6%
2023-11-02$1.00$1.09+9.3%$3.2B$3.2B+0.8%
2023-08-08$0.71$0.88+23.9%$3.0B$3.0B+0.2%
2023-05-09$0.88$0.94+7.2%$4.0B$4.1B+1.2%
2023-02-08$0.47$0.48+1.9%$4.6B$4.6B+0.7%
2022-11-01$1.14$1.21+6.1%$3.2B$3.2B+0.6%
2022-08-10$0.75$0.74−1.6%$3.0B$3.0B−0.6%
2022-05-10$0.86$0.81−5.5%$3.4B$3.5B+2.0%
2022-02-09$0.04$0.13+268.3%$4.3B$4.4B+4.4%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.106-220.106-290.107-060.107-130.107-200.107-270.108-030.008-100.008-170.108-240.108-31
Week ofNotionalSharesTrades
2026-08-31$64.3M1,073,58430,206
2026-08-24$64.7M1,051,52127,545
2026-08-17$49.5M807,83328,529
2026-08-10$42.3M733,68725,870
2026-08-03$75.4M1,400,13838,462
2026-07-27$56.3M1,087,48032,573

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1547.7%
DateShort shareShort volumeTotal volume
2026-10-1547.7%67,147140,819
2026-10-1437.0%69,632188,378
2026-10-1341.7%38,94393,419
2026-10-1265.0%69,218106,496
2026-10-0950.1%69,663139,162
2026-10-0846.7%85,482183,125
2026-10-0758.9%103,200175,295
2026-10-0652.7%94,778179,828
2026-10-0561.5%118,566192,846
2026-10-0250.8%87,469172,213
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+4.9Jan-4.1Feb-3.7Mar+1.1Apr+2.7May+0.1Jun+0.2Jul+2.5Aug+0.6Sep-1.9Oct+3.7Nov+1.8Dec
MonthAvg returnUp yearsYears
Jan+4.9%71%7
Feb−4.1%57%7
Mar−3.7%38%8
Apr+1.1%57%7
May+2.7%57%7
Jun+0.1%43%7
Jul+0.2%43%7
Aug+2.5%71%7
Sep+0.6%71%7
Oct−1.9%29%7
Nov+3.7%71%7
Dec+1.8%57%7
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1452.1
MFI60.8
ADX16.7
Stochastic %K / %D68.4 / 63.0
Williams %R-36.0
CCI142
TSI / signal-6.7 / -7.5
Chaikin money flow-0.03
ATR$1.53
Bollinger width5.1%
Volume vs 20-day avg1.30x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$56.42 (+1.4%)
SMA 50$58.19 (−1.7%)
SMA 200$56.24 (+1.7%)
EMA 21$56.73 (+0.9%)
EMA 50$56.74 (+0.8%)
EMA 200$55.67 (+2.8%)
Bollinger upper$57.87 (−1.1%)
Bollinger lower$54.97 (+4.1%)
Parabolic SAR$54.36 (+5.3%)
Open the live chart, 110+ indicators

About Fox Corporation

Fox Corporation is a prominent media conglomerate primarily focused on news, sports, and entertainment operations within the United States. Its business is structured across three main divisions: Cable Network Programming; Television; and a segment encompassing Other, Corporate, and Eliminations. The Cable Network Programming division is responsible for creating and licensing news, business news, and sports content. This content is then disseminated across the U.S. through both traditional and virtual multi-channel video programming distributors (MVPDs), as well as various other digital platforms. This segment's extensive portfolio includes well-known national cable channels such as FOX News (for general news) and FOX Business (for financial news), multi-sport networks FS1 and FS2, FOX Sports Racing (dedicated to motorsports), FOX Soccer Plus (featuring live soccer and rugby), FOX Deportes (a Spanish-language sports service), and the Big Ten Network. Meanwhile, the Television segment focuses on acquiring, developing, marketing, and distributing diverse programming. It operates The FOX Network, a national broadcast television network renowned for its sports and entertainment programming. Other key assets in this division include Tubi, an advertising-supported video-on-demand (AVOD) service; Fox Alternative Entertainment, a full-service production studio specializing in unscripted and alternative content; MyNetworkTV, a programming distribution service; and Blockchain Creative Labs, which is dedicated to the creation, distribution, and monetization of Web3 content. Additionally, this segment holds ownership and operational control over 29 broadcast television stations. The Other, Corporate and Eliminations segment notably manages the FOX Studios Lot, situated in Los Angeles, California. This comprehensive facility offers a range of production and post-production services, comprising 15 sound stages, two broadcast studios, theaters, screening rooms, editing facilities, and numerous other amenities for television and film production. Fox Corporation was established in 2018 and is headquartered in New York, New York.

https://www.foxcorporation.com

Key executives

NameTitlePayBorn
Lachlan Keith MurdochExecutive Chairman & Chief Executive Officer$16.5M1971
John NallenPresident & Chief Operating Officer$9.8M1957
Adam G. CiongoliChief Legal & Policy Officer$7.0M1969
Steven Silvester TomsicChief Financial Officer$7.0M1969
Gabrielle BrownExecutive Vice President & Chief Investor Relations Officer——
Jason KlarmanChief Digital & Marketing Officer of FOX News Media——
Jeff CollinsPresident of Advertising Sales, Marketing & Brand Partnerships——
Kevin E. LordExecutive Vice President & Chief Human Resources Officer—1963

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Lachlan K. Murdoch Executive Chair and Chief Executive Officer2026$3.0M$8.7M$11.4M$31.0M
John P. Nallen President and Chief Operating Officer2026$2.0M$5.1M$7.6M$18.1M
Adam Ciongoli Chief Legal and Policy Officer2026$1.8M$2.4M$5.2M$10.1M
Steven Tomsic Chief Financial Officer2026$1.8M$2.4M$5.2M$10.1M

Employees

8k20199k20209k202111k202210k202310k202410k202511k2026

Dividends

Ex-dateAmountPaid
2026-09-02$0.292026-09-23
2026-03-04$0.282026-03-25
2025-09-03$0.282025-09-24
2025-03-05$0.272025-03-26
2024-09-04$0.272024-09-25
2024-03-05$0.262024-03-26
2023-08-29$0.262023-09-27
2023-02-28$0.252023-03-29
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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