Fox Corporation Class A Common Stock (FOXA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.38	$1.79	+29.7%	—	$4.2B	—
Q3 26	$0.97	$1.32	+36.1%	—	$4B	—
Q2 26	$0.52	$0.82	+57.7%	—	$5.2B	—
Q1 26	$1.1	$1.51	+37.3%	—	$3.7B	—
Q4 25	$1	$1.27	+27.0%	—	$3.3B	—
Q3 25	$0.9	$1.1	+22.2%	—	$4.4B	—
Q2 25	$0.64	$0.96	+50.0%	—	$5.1B	—
Q1 25	$1.14	$1.45	+27.2%	—	$3.6B	—
Q4 24	$0.81	$0.9	+11.1%	—	$3.1B	—
Q3 24	$0.96	$1.09	+13.5%	—	$3.4B	—
Q2 24	$0.12	$0.34	+183.3%	—	$4.2B	—
Q1 24	$1	$1.09	+9.0%	—	$3.2B	—
Q4 23	$0.72	$0.88	+22.2%	—	$3B	—
Q3 23	$0.88	$0.94	+6.8%	—	$4.1B	—
Q2 23	$0.47	$0.48	+2.1%	—	$4.6B	—
Q1 23	$1.14	$1.21	+6.1%	—	$3.2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$3.91	—	—	$17.1B	—
FY25	—	$4.91	—	—	$16.3B	—
FY24	—	$3.14	—	—	$14B	—
FY23	—	$2.34	—	—	$14.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$9.9B	$10.2B	$11.4B	$12.3B	$12.9B	$14B	$14.9B	$14B	$16.3B	$17.1B
YoY change	+11.5%	+2.34%	+12.2%	+8.03%	+4.93%	+8.25%	+6.72%	-6.26%	+16.6%	+5.07%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	9.9B	10.2B	11.4B	12.3B	12.9B	14B	14.9B	14B	16.3B	17.1B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.1B	1.3B	1.4B	1.7B	1.8B	1.9B	2B	2B	2.2B	2.4B
Operating expenses	7.2B	7.8B	8.7B	9.5B	9.8B	11B	11.7B	11.1B	12.7B	13.2B
Operating income	2.5B	2.2B	2.4B	2.5B	2.8B	2.6B	2.8B	2.5B	3.2B	3.5B
Operating margin	25.6%	21.8%	21.3%	20.3%	21.4%	18.4%	18.5%	17.7%	19.8%	20.4%
Non-operating income, net	-271M	-2M	-45M	-699M	544M	-509M	-810M	-158M	59M	-944M
Pretax income	2.2B	2.2B	2.2B	1.5B	2.9B	1.7B	1.7B	2.1B	3.1B	2.3B
Income tax	832M	-58M	581M	402M	717M	461M	483M	550M	768M	551M
Net income	1.4B	2.2B	1.6B	1.1B	2.2B	1.2B	1.3B	1.6B	2.3B	1.7B
Net margin	14.2%	21.9%	14.4%	8.63%	17.1%	8.82%	8.4%	11.1%	14.1%	10.1%
EBITDA	2.7B	2.3B	2.5B	2.7B	3B	2.9B	3.3B	3B	3.8B	4B
EPS	2.21	3.53	2.57	1.62	3.61	2.11	2.34	3.14	4.91	3.91
Diluted EPS	2.21	3.53	2.57	1.62	3.61	2.11	2.33	3.13	4.91	3.84

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	3.2B	4.2B	3.4B	3.1B	3.6B	5.1B	4.4B	3.3B	3.7B	5.2B	4B	4.2B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	480M	495M	510M	539M	502M	525M	551M	590M	589M	595M	546M	637M
Operating expenses	2.3B	3.9B	2.6B	2.3B	2.5B	4.3B	3.5B	2.3B	2.7B	4.5B	3B	3B
Operating income	769M	249M	789M	671M	953M	680M	760M	836M	967M	592M	853M	1.1B
Operating margin	24%	5.88%	22.9%	21.7%	26.7%	13.4%	17.4%	25.4%	25.9%	11.4%	21.4%	25.7%
Non-operating income, net	-166M	-46M	227M	-173M	210M	-85M	-231M	165M	-118M	-172M	-551M	-103M
Pretax income	561M	131M	961M	451M	1.1B	515M	474M	959M	799M	322M	236M	921M
Income tax	146M	16M	257M	131M	281M	127M	120M	240M	190M	75M	61M	225M
Net income	415M	115M	704M	320M	832M	388M	354M	719M	609M	247M	175M	696M
Net margin	12.9%	2.72%	20.4%	10.3%	23.3%	7.64%	8.1%	21.9%	16.3%	4.77%	4.38%	16.5%
EBITDA	910M	376M	925M	768M	1.1B	816M	873M	965M	1.1B	714M	954M	1.2B
EPS	0.83	0.23	1.4	0.68	1.78	0.81	0.75	1.57	1.32	0.52	0.38	1.61
Diluted EPS	0.82	0.23	1.4	0.68	1.78	0.81	0.75	1.57	1.32	0.52	0.38	1.61

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	—	—	22.8B	16.5B	22.1B	18.3B	18B	16.4B	25.8B	22.5B	26.6B
Enterprise value	—	—	26.3B	20.4B	24.7B	20.8B	21.9B	20.3B	27.9B	25.8B	30B
Shares outstanding	620M	620M	621M	616M	595M	570M	529M	478M	461M	431M	431M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	—	—	13.8	15.6	10	14.9	14.4	10.6	11.3	13	16.4
P/S	—	—	2	1.34	1.71	1.31	1.21	1.18	1.58	1.31	1.55
P/B	—	—	2.24	1.59	1.94	1.59	1.69	1.49	2.09	1.9	2.28
EV/EBITDA	—	—	10.7	7.44	8.13	7.11	6.69	6.78	7.45	6.46	7.73
EV/Sales	—	—	2.31	1.66	1.91	1.49	1.47	1.45	1.71	1.51	1.75
Earnings yield	—	—	7.22%	6.43%	9.96%	6.73%	6.97%	9.46%	8.88%	7.68%	6.09%
FCF yield	—	—	10.1%	12.1%	9.75%	8.6%	8.02%	9.1%	11.6%	6.53%	2.09%
PEG	—	—	—	—	—	—	—	—	—	—	6.45

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Operating margin	25.6%	21.8%	21.3%	20.3%	21.4%	18.4%	18.5%	17.7%	19.8%	20.4%	25.2%
Net margin	14.2%	21.9%	14.4%	8.63%	17.1%	8.82%	8.4%	11.1%	14.1%	10.1%	9.84%
ROE	22.6%	22.6%	16.2%	10.2%	19.3%	10.7%	11.8%	14.1%	18.6%	14.6%	14.3%
ROA	13.6%	17%	8.42%	4.88%	9.6%	5.56%	5.73%	7.07%	9.89%	7.68%	9.5%
ROIC	25.6%	30.1%	13.1%	12.7%	14.9%	13.3%	13.7%	12.3%	16.7%	17.5%	17.5%
Return on tangible assets	-101.1%	117.6%	19.5%	12.4%	22.6%	14.1%	14.6%	17.6%	23%	18.3%	18.3%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.37	3.17	3.78	3.93	2.91	3.61	1.93	2.54	2.91	3.17	3.17
Quick ratio	0.86	2.5	3.12	3.48	2.67	3.26	1.78	2.33	2.76	2.99	2.99
Debt / equity	—	—	0.67	0.82	0.74	0.67	0.77	0.74	0.6	0.64	0.64
Debt / assets	—	—	0.35	0.39	0.37	0.35	0.38	0.37	0.32	0.34	0.34
Net debt / EBITDA	—	—	1.43	1.41	0.85	0.86	1.2	1.28	0.56	0.84	0.84
Interest coverage	98.4	51.5	12	4.97	8.39	5.49	5.97	6.2	8.6	6.68	6.68
Effective tax rate	37.1%	0%	26.1%	27.5%	24.6%	27.2%	27.8%	26.1%	25.1%	24.2%	24.2%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	16	16.4	18.3	20	21.7	24.5	28.2	29.2	35.4	39.7	39.7
EPS (basic)	2.21	3.53	2.57	1.62	3.61	2.11	2.34	3.14	4.91	3.91	3.91
EPS (diluted)	2.21	3.53	2.57	1.62	3.61	2.11	2.33	3.13	4.91	3.84	3.84
Book value per share	10.1	15.9	16.3	16.9	19.1	20.3	20.1	23.1	26.8	27.4	27.7
FCF per share	2.36	1.78	3.69	3.26	3.62	2.77	2.73	3.13	6.49	3.41	3.43
Cash per share	0.03	4.03	5.21	7.54	9.89	9.12	8.08	9.04	11.6	9.76	10
Capex per share	0.31	0.35	0.38	0.58	0.81	0.54	0.67	0.72	—	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.93%	2.12%	2.06%	2.92%	3.75%	2.2%	2.39%	2.47%	—	—	—
Capex / operating cash flow	13.3%	17.2%	9.95%	18%	21%	16%	19.2%	19.4%	—	—	—
Payout ratio	2.48%	1.84%	407.1%	31.5%	15%	24.9%	23.9%	18.1%	12.1%	16.6%	14.6%
Dividend yield	—	—	29.4%	2.03%	1.49%	1.67%	1.66%	1.71%	1.07%	1.28%	0.92%

Yield

0.92%

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.29

ex-dividend Sep 2, 2026

Payout ratio

15%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 2, 2026	$0.29
Mar 4, 2026	$0.28
Sep 3, 2025	$0.28
Mar 5, 2025	$0.27
Sep 4, 2024	$0.27
Mar 5, 2024	$0.26
Aug 29, 2023	$0.26
Feb 28, 2023	$0.25

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$3.2B	$4.2B	$3.4B	$3.1B	$3.6B	$5.1B	$4.4B	$3.3B	$3.7B	$5.2B	$4B	$4.2B
YoY change	+0.47%	-8.06%	-15.6%	+1.98%	+11.1%	+19.9%	+26.8%	+6.31%	+4.88%	+2.05%	-8.63%	+28.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	19M	2.5B	3.2B	4.6B	5.9B	5.2B	4.3B	4.3B	5.4B	4.2B
Receivables	1.7B	1.8B	2B	1.9B	2B	2.1B	2.2B	2.4B	2.5B	3.5B
Inventory	1.1B	1.2B	1.1B	856M	729M	791M	543M	626M	432M	487M
Total current assets	2.8B	5.6B	6.5B	7.5B	8.7B	8.3B	7.3B	7.5B	8.4B	8.5B
Property, plant & equipment	30M	33M	-6M	737M	858M	875M	1.3B	1.2B	1.1B	1.2B
Goodwill & intangibles	11.7B	11.2B	11.1B	13.2B	13.2B	13.4B	13.3B	13.2B	13.2B	13B
Total assets	10.3B	13.1B	19.5B	21.8B	22.9B	22.2B	21.9B	22B	23.2B	22.5B
Accounts payable	—	—	—	—	—	—	—	—	—	—
Short-term debt	—	—	—	122M	841M	107M	1.3B	675M	41M	45M
Total current liabilities	2B	1.8B	1.7B	1.9B	3B	2.3B	3.8B	3B	2.9B	2.7B
Long-term debt	—	—	6.8B	8.4B	7.6B	7.6B	6.9B	7.5B	7.4B	7.5B
Total liabilities	4.1B	3.3B	9.4B	11.3B	11.5B	10.6B	11.2B	10.9B	10.8B	10.7B
Shareholders' equity	6.2B	9.9B	10.1B	10.4B	11.4B	11.6B	10.7B	11.1B	12.4B	11.8B
Total debt	—	—	6.8B	8.5B	8.5B	7.7B	8.2B	8.2B	7.5B	7.6B
Net debt	—	—	3.5B	3.9B	2.6B	2.5B	3.9B	3.8B	2.1B	3.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	3.8B	4.1B	3.8B	4.3B	4.1B	3.3B	4.8B	5.4B	4.4B	2B	3.6B	4.2B
Receivables	2.4B	3B	2.5B	2.4B	2.7B	3.5B	3.3B	2.5B	2.8B	3.6B	2.9B	3.5B
Inventory	751M	1B	660M	626M	795M	1.2B	455M	432M	509M	828M	652M	487M
Total current assets	7.2B	8.5B	7.2B	7.5B	7.8B	8.2B	8.7B	8.4B	8B	6.7B	7.5B	8.5B
Property, plant & equipment	2.6B	2.6B	2.6B	1.2B	2.6B	2.5B	2.5B	1.1B	2.5B	2.6B	2.7B	1.2B
Goodwill & intangibles	13.3B	13.2B	13.2B	13.2B	13.2B	13.1B	13.3B	13.2B	13.2B	13.2B	13.2B	13B
Total assets	21.6B	22.8B	21.7B	22B	22.5B	23B	23.4B	23.2B	22.8B	21.5B	21.8B	22.5B
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	1.3B	1.3B	73M	675M	676M	670M	651M	41M	41M	42M	45M	45M
Total current liabilities	3.6B	3.7B	2.2B	3B	3B	3.3B	3.6B	2.9B	2.5B	2.4B	2.6B	2.7B
Long-term debt	6.9B	8.1B	8.1B	7.5B	7.5B	7.5B	7.5B	7.4B	7.4B	7.5B	7.5B	7.5B
Total liabilities	11B	12.3B	10.8B	10.9B	11B	11.2B	11.5B	10.8B	10.4B	10.3B	10.6B	10.7B
Shareholders' equity	10.7B	10.6B	10.9B	11.1B	11.6B	11.8B	11.9B	12.4B	12.4B	11.1B	11.2B	11.8B
Total debt	8.2B	9.4B	8.1B	8.2B	8.1B	8.1B	8.1B	7.5B	7.5B	7.5B	7.6B	7.6B
Net debt	4.4B	5.3B	4.3B	3.8B	4.1B	4.8B	3.3B	2.1B	3.1B	5.5B	4B	3.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	1.4B	2.2B	1.6B	1.1B	2.2B	1.2B	1.3B	1.6B	2.3B	1.7B
Depreciation & amortization	169M	171M	212M	258M	300M	363M	411M	389M	385M	410M
Stock-based compensation	0	0	36M	137M	147M	102M	74M	90M	135M	132M
Change in working capital	-368M	-587M	66M	1M	-303M	-629M	-202M	-569M	377M	-1.6B
Operating cash flow	1.4B	1.2B	2.4B	2B	2.3B	1.9B	1.9B	1.8B	3.3B	2B
Capital expenditure	-191M	-215M	-235M	-359M	-484M	-307M	-357M	-345M	—	—
Investing cash flow	-242M	128M	-637M	-1.1B	-528M	-513M	-438M	-452M	-206M	-203M
Dividends paid	-35M	-41M	-6.7B	-335M	-330M	-307M	-299M	-281M	-277M	-287M
Share repurchases	—	0	0	-600M	-1B	-1B	-2B	-1B	-1B	-2B
Financing cash flow	-1.4B	1B	-1.2B	146M	-870M	-2.1B	-2.3B	-1.3B	-1.8B	-2.4B
Net change in cash	-240M	2.4B	572M	1B	902M	-646M	-872M	-12M	1.4B	-644M
Free cash flow	1.5B	1.1B	2.3B	2B	2.2B	1.6B	1.4B	1.5B	3B	1.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	415M	115M	704M	320M	832M	388M	354M	719M	609M	247M	175M	696M
Depreciation & amortization	96M	97M	98M	98M	91M	97M	95M	102M	98M	100M	101M	111M
Stock-based compensation	24M	24M	21M	21M	34M	34M	29M	38M	28M	32M	30M	42M
Change in working capital	-564M	-811M	751M	55M	-586M	-1.1B	1.3B	704M	-941M	-1.3B	1.2B	-564M
Operating cash flow	185M	-548M	1.5B	674M	267M	-414M	1.9B	1.5B	-130M	-669M	1.9B	867M
Capital expenditure	-71M	-79M	-83M	-112M	-64M	-74M	-74M	—	—	—	—	—
Investing cash flow	-58M	-85M	-181M	-128M	-78M	-83M	-76M	-11M	-151M	-16M	-7M	-21M
Dividends paid	-135M	-7M	-130M	-9M	-131M	-3M	-133M	-10M	-138M	-9M	-128M	-12M
Share repurchases	-250M	-250M	-250M	-250M	-250M	-250M	-250M	-250M	-250M	-1.6B	-100M	-100M
Financing cash flow	-386M	-318M	-376M	-243M	-347M	-206M	-355M	-847M	-598M	-1.5B	-168M	-101M
Net change in cash	-259M	-951M	911M	303M	-158M	-703M	1.5B	655M	-879M	-2.2B	1.7B	745M
Free cash flow	-70M	-615M	1.4B	787M	94M	-436M	1.9B	1.4B	-234M	-791M	1.8B	726M

Fox Corporation Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement