Communication Services · Entertainment
Price
$49.05
Market Cap
$21.5B
Employees
10,200
Beta
0.52
Avg Volume
4,783,632
CEO
Lachlan Keith Murdoch
Business Description
Fox Corporation (FOXA) is a prominent U.S.-based media entity, primarily engaged in the creation and distribution of news, sports, and entertainment content. Its operational framework is divided into three main segments: Cable Network Programming, Television, and a category for "Other, Corporate and Eliminations." The Cable Network Programming segment is dedicated to developing and licensing a broad spectrum of news, business news, and sports programming. This content is distributed predominantly within the U.S. via both traditional and digital multi-channel video providers (MVPDs), as well as various online platforms. This division includes well-known channels such as the national cable news outlet FOX News and the business news channel FOX Business. Sports enthusiasts are served by multi-sport networks like FS1 and FS2, niche offerings such as FOX Sports Racing (focused on motor sports), FOX Soccer Plus (for live soccer and rugby), and the Spanish-language FOX Deportes, alongside the Big Ten Network. Fox's Television division is responsible for acquiring, producing, marketing, and broadcasting various programs. Key components of this segment include the national FOX broadcast network, recognized for its sports and entertainment lineup; Tubi, an advertising-supported video-on-demand streaming service; Fox Alternative Entertainment, a production studio specializing in unscripted and alternative shows; MyNetworkTV, a programming syndication service; and Blockchain Creative Labs, which focuses on developing and monetizing Web3 content. This segment also holds ownership and operating rights for 29 local broadcast television stations. Lastly, the "Other, Corporate and Eliminations" segment primarily manages the FOX Studios Lot in Los Angeles, California. This extensive facility offers comprehensive production and post-production amenities, featuring 15 sound stages, two broadcast studios, various theaters, screening rooms, editing suites, and numerous other resources vital for television and film productions. The company was established in 2018 and maintains its corporate headquarters in New York, New York.
Business History
Price Overview
Last updated: Jun 27, 2026 9:01am (just now)$50.10
+1.24 (+2.54%)
Day Range
$48.50 – $50.53
52-Week Range
$48.34 – $76.39
50-Day MA
$62.38
200-Day MA
$63.52
Volume
9,541,366.00
Analyst Price Targets
Low
$60.00
Consensus
$70.63
High
$80.00
(58 analysts)
Share Structure
Outstanding
438,504,843.00
Float
413,774,389.00
Free Float
94.4%
High free float
— 94.4% of shares trade freely, ~5.6% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
11.38
Stock Price: $49.05
EPS (Diluted): 4.97
EPS (Diluted): 4.97
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
2.16
Stock Price: $49.05
Total Equity: $11.96B
Shares: 461,000,000
Total Equity: $11.96B
Shares: 461,000,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
7.48
Market Cap: $21.51B
Total Debt: $6.60B
Cash: $5.35B
EBITDA: $3.85B
Total Debt: $6.60B
Cash: $5.35B
EBITDA: $3.85B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$27.9B
Market Cap: $21.51B
Total Debt: $6.60B
Cash: $5.35B
Total Debt: $6.60B
Cash: $5.35B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
33.1%
Gross Profit: $5.40B
Revenue: $16.30B
Revenue: $16.30B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
19.8%
Operating Income: $3.23B
Revenue: $16.30B
Revenue: $16.30B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
13.9%
Net Income: $2.26B
Revenue: $16.30B
Revenue: $16.30B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
14.9%
Net Income: $2.26B
Total Equity: $11.96B
Total Equity: $11.96B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
12.6%
Operating Income: $3.23B
Tax Rate: 25.1%
Equity: $11.96B
Total Debt: $6.60B
Cash: $5.35B
Tax Rate: 25.1%
Equity: $11.96B
Total Debt: $6.60B
Cash: $5.35B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
2.91
Current Assets: $8.43B
Current Liabilities: $2.90B
Current Liabilities: $2.90B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.55
Short-Term Debt: $0.00
Long-Term Debt: $6.60B
Total Debt: $6.60B
Total Equity: $11.96B
Long-Term Debt: $6.60B
Total Debt: $6.60B
Total Equity: $11.96B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$35.36
Revenue: $16.30B
Shares: 461,000,000
Shares: 461,000,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$25.95
Total Equity: $11.96B
Shares: 461,000,000
Shares: 461,000,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$6.49
Operating CF: $3.32B
CapEx: -$331.00M
Shares: 461,000,000
CapEx: -$331.00M
Shares: 461,000,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.1%
Last Dividend: N/A
Stock Price: $49.05
Stock Price: $49.05
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $2.26B
Net Income: $2.26B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FOXA against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 8:02am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $12.9B | $14.0B | $14.9B | $14.0B | $16.3B |
| Cost of Revenue | $0 | $0 | $0 | $0 | $10.9B |
| Gross Profit | $12.9B | $14.0B | $14.9B | $14.0B | $5.4B |
| Operating Expenses | $10.1B | $11.4B | $12.1B | $11.5B | $2.2B |
| Operating Income | $2.8B | $2.6B | $2.8B | $2.5B | $3.2B |
| Net Income | $2.2B | $1.2B | $1.2B | $1.5B | $2.3B |
| EBITDA | $3.6B | $2.4B | $2.5B | $2.9B | $3.8B |
| EPS | $3.64 | $2.13 | $2.34 | $3.14 | $4.97 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 8:02am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $5.9B | $5.2B | $4.3B | $4.3B | $5.4B |
| Total Current Assets | $8.7B | $8.3B | $7.3B | $7.5B | $8.4B |
| Total Assets | $22.9B | $22.2B | $21.9B | $22.0B | $23.2B |
| Current Liabilities | $3.0B | $2.3B | $3.8B | $3.0B | $2.9B |
| Long-Term Debt | $7.2B | $7.2B | $6.0B | $6.6B | $6.6B |
| Total Liabilities | $11.5B | $10.6B | $11.2B | $10.9B | $10.8B |
| Total Equity | $11.1B | $11.3B | $10.4B | $10.7B | $12.0B |
| Retained Earnings | $2.0B | $2.5B | $2.3B | $3.1B | $4.5B |
Cash Flow (Annual)
Last updated: Jun 24, 2026 8:02am (3d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.6B | $1.9B | $1.8B | $1.8B | $3.3B |
| Capital Expenditure | -$484.0M | -$307.0M | -$357.0M | -$345.0M | -$331.0M |
| Free Cash Flow | $2.2B | $1.6B | $1.4B | $1.5B | $3.0B |
| Acquisitions (net) | $42.0M | -$160.0M | $0 | $0 | -$97.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$1.0B | -$1.0B | -$2.0B | -$1.0B | -$1.0B |
| Net Change in Cash | $1.2B | -$686.0M | -$928.0M | $47.0M | $1.0B |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:23am (21h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$17.3B $17.0B – $17.4B
|
$17.3B $17.3B – $17.4B
|
$18.2B $17.8B – $18.7B
|
$18.1B $17.8B – $18.6B
|
| EBITDA |
$3.7B $3.6B – $3.7B
|
$3.7B $3.7B – $3.7B
|
$3.9B $3.8B – $4.0B
|
$3.9B $3.8B – $4.0B
|
| Net Income |
$2.4B $2.3B – $2.9B
|
$2.6B $2.3B – $2.8B
|
$2.7B $2.6B – $2.8B
|
$2.7B $2.6B – $2.8B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 8:02am (3d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +8.3% | +6.7% | -6.3% | +16.6% |
| Gross Profit Growth | +8.3% | +6.7% | -6.3% | -61.4% |
| Operating Income Growth | -6.9% | +7.4% | -10.3% | +30.3% |
| Net Income Growth | -44.0% | +2.8% | +21.1% | +50.8% |
| EBITDA Growth | -32.6% | +2.5% | +16.1% | +32.8% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2025-08-08 | MURDOCH KEITH RUPERT | A-Award | 110,002.00 | $0.00 | $0 |
| 2025-08-08 | Ciongoli Adam G. | A-Award | 41,597.00 | $54.03 | $2.2M |
| 2025-08-08 | Ciongoli Adam G. | A-Award | 27,262.00 | $0.00 | $0 |
| 2025-08-08 | Tomsic Steven | A-Award | 47,139.00 | $0.00 | $0 |
| 2025-08-08 | Tomsic Steven | A-Award | 41,597.00 | $54.03 | $2.2M |
| 2025-08-08 | Tomsic Steven | A-Award | 27,262.00 | $0.00 | $0 |
| 2025-08-08 | NALLEN JOHN | A-Award | 90,127.00 | $54.03 | $4.9M |
| 2025-08-08 | NALLEN JOHN | A-Award | 78,570.00 | $0.00 | $0 |
| 2025-08-08 | NALLEN JOHN | A-Award | 59,069.00 | $0.00 | $0 |
| 2025-08-08 | MURDOCH LACHLAN K | A-Award | 172,859.00 | $0.00 | $0 |
| 2025-08-08 | MURDOCH LACHLAN K | A-Award | 152,523.00 | $54.03 | $8.2M |
| 2025-08-08 | MURDOCH LACHLAN K | A-Award | 99,963.00 | $0.00 | $0 |
| 2025-06-30 | Ciongoli Adam G. | M-Exempt | 26,631.00 | $0.00 | $0 |
| 2025-06-30 | Ciongoli Adam G. | F-InKind | 10,732.00 | $56.79 | $609,470 |
| 2025-06-30 | Ciongoli Adam G. | M-Exempt | 26,631.00 | $0.00 | $0 |
| 2025-06-03 | Tomsic Steven | M-Exempt | 39,642.00 | $40.26 | $1.6M |
| 2025-06-04 | Tomsic Steven | M-Exempt | 5,607.00 | $40.26 | $225,738 |
| 2025-06-03 | Tomsic Steven | S-Sale | 39,642.00 | $55.30 | $2.2M |
| 2025-06-04 | Tomsic Steven | S-Sale | 5,607.00 | $55.37 | $310,460 |
| 2025-06-03 | Tomsic Steven | M-Exempt | 39,642.00 | $40.26 | $1.6M |
Dividend History (Last 20)
Last updated: Jun 24, 2026 8:02am (3d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-03-04 | $0.28 | 2026-02-03 | 2026-03-04 | 2026-03-25 |
| 2025-09-03 | $0.28 | 2025-08-04 | 2025-09-03 | 2025-09-24 |
| 2025-03-05 | $0.27 | 2025-02-04 | 2025-03-05 | 2025-03-26 |
| 2024-09-04 | $0.27 | 2024-08-06 | 2024-09-04 | 2024-09-25 |
| 2024-03-05 | $0.26 | 2024-02-06 | 2024-03-06 | 2024-03-26 |
| 2023-08-29 | $0.26 | 2023-08-08 | 2023-08-30 | 2023-09-27 |
| 2023-02-28 | $0.25 | 2023-02-08 | 2023-03-01 | 2023-03-29 |
| 2022-08-30 | $0.25 | 2022-08-10 | 2022-08-31 | 2022-09-28 |
| 2022-03-01 | $0.24 | 2022-02-09 | 2022-03-02 | 2022-03-30 |
| 2021-08-31 | $0.24 | 2021-08-04 | 2021-09-01 | 2021-09-29 |
| 2021-03-09 | $0.23 | 2021-02-09 | 2021-03-10 | 2021-04-07 |
| 2020-09-01 | $0.23 | 2020-08-04 | 2020-09-02 | 2020-10-07 |
| 2020-03-03 | $0.23 | 2020-02-03 | 2020-03-04 | 2020-04-01 |
| 2019-09-03 | $0.23 | 2019-08-06 | 2019-09-04 | 2019-10-02 |
| 2019-05-17 | $0.23 | 2019-02-06 | 2019-05-20 | 2019-04-16 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for FOXA — it's generated by the pipeline (
market-narrative step).
No community reviews yet for FOXA.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30