Saturday 24 October 2026
Export FOX’s income statement to Excel — free account
Fox Corporation
FOX Communication Services Entertainment
Fox Corporation’s revenue for fiscal 2026 (year ended June 2026) was $17.1 billion, up 5.07% from fiscal 2025. In the quarter to June 2026, revenue grew 28.1%, EPS grew 2.55%, free cash flow fell 47.9% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
59.43
1.39
−2.29%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Price, $ | |||||||||||||||||
| Price, $ | Low | — | — | 29.61 | 19.13 | 28.15 | 26.35 | 26.20 | 25.82 | 43.18 | 44.08 | +5.8% | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | |
| High | — | — | 41.73 | 38.84 | 42.14 | 40.91 | 34.42 | 47.80 | 65.74 | 68.18 | +7.3% | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ||
| People | |||||||||||||||||
| People | Employees | — | — | 7,700 | 9,000 | 9,000 | 10,600 | 10,400 | 10,200 | 10,400 | 10,550 | +4.6% | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | |
| Revenue/emp, $m | 0.00 | 0.00 | 1.48 | 1.37 | 1.43 | 1.32 | 1.43 | 1.37 | 1.57 | 1.62 | n/m | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ||
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | 9,921 | 10,153 | 11,389 | 12,303 | 12,909 | 13,974 | 14,913 | 13,980 | 16,300 | 17,126 | +6.3% | 19,892 | 19,804 | 21,362 | +7.6% | |
| Gross margin, % | 38.51 | 35.93 | 35.67 | 36.54 | 37.74 | 34.76 | 35.03 | 34.99 | 35.47 | 36.63 | (1.9) pt | ||||||
| EBT | 2,241 | 2,170 | 2,224 | 1,464 | 2,918 | 1,694 | 1,736 | 2,104 | 3,061 | 2,278 | +0.2% | ||||||
| EBT margin, % | 22.59 | 21.37 | 19.53 | 11.90 | 22.60 | 12.12 | 11.64 | 15.05 | 18.78 | 13.30 | (9.3) pt | ||||||
| Net income | 1,409 | 2,228 | 1,643 | 1,062 | 2,201 | 1,233 | 1,253 | 1,554 | 2,293 | 1,727 | +2.3% | ||||||
| Depreciation | 226 | 224 | 250 | 282 | 322 | 381 | 427 | 389 | 385 | 410 | +6.8% | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | 15.98 | 16.35 | 18.34 | 20.07 | 21.84 | 24.69 | 28.19 | 29.25 | 35.82 | 39.74 | +10.7% | |||||
| Earnings | 2.27 | 3.59 | 2.57 | 1.62 | 3.61 | 2.11 | 2.33 | 3.13 | 4.91 | 3.84 | +6.0% | ||||||
| Cash flow | 2.67 | 2.12 | 4.06 | 3.86 | 4.47 | 3.33 | 3.40 | 3.85 | 7.31 | 4.57 | +6.2% | ||||||
| Capex | (0.31) | (0.35) | (0.38) | (0.59) | (0.82) | (0.54) | (0.67) | (0.72) | (0.73) | (1.16) | +15.9% | ||||||
| Free cash flow | 2.36 | 1.77 | 3.69 | 3.27 | 3.65 | 2.79 | 2.73 | 3.13 | 6.58 | 3.41 | +4.2% | ||||||
| Book value | 0.00 | 15.45 | 16.04 | 16.49 | 18.82 | 20.10 | 19.74 | 22.62 | 26.52 | 27.21 | n/m | ||||||
| Shares, m | 621 | 621 | 621 | 613 | 591 | 566 | 529 | 478 | 455 | 431 | (4.0%) | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | 5.25 | 5.25 | 13.78 | 16.67 | 9.81 | 14.08 | 13.75 | 10.16 | 10.52 | 12.23 | 11.1 | |||||
| P/S | 2.08 | 2.08 | 1.96 | 1.34 | 1.61 | 1.20 | 1.13 | 1.09 | 1.44 | 1.18 | 1.5 | ||||||
| P/B | 2.34 | 2.34 | 2.24 | 1.63 | 1.87 | 1.48 | 1.62 | 1.41 | 1.95 | 1.72 | 1.9 | ||||||
| EV/Sales | 1.91 | 1.91 | 2.27 | 1.62 | 1.77 | 1.35 | 1.33 | 1.29 | 1.55 | 1.35 | 1.6 | ||||||
| EV/FCF | 18.71 | 18.71 | 11.29 | 9.91 | 10.61 | 12.00 | 13.73 | 12.09 | 8.47 | 15.80 | 13.1 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | 1,655 | 1,317 | 2,524 | 2,365 | 2,639 | 1,884 | 1,800 | 1,840 | 3,324 | 1,970 | +2.0% | |||||
| Capex | (191) | (215) | (235) | (359) | (484) | (307) | (357) | (345) | (331) | (502) | +11.3% | ||||||
| Free cash flow | 1,464 | 1,102 | 2,289 | 2,006 | 2,155 | 1,577 | 1,443 | 1,495 | 2,993 | 1,468 | 0.0% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | 765 | 3,821 | 4,766 | 5,580 | 5,747 | 5,985 | 3,494 | 4,549 | 5,532 | 5,786 | +25.2% | |||||
| Total debt | — | — | 6,751 | 8,068 | 7,951 | 7,313 | 7,210 | 7,197 | 6,602 | 6,606 | (0.3%) | ||||||
| Net debt | (19) | (2,500) | 3,517 | 3,423 | 2,065 | 2,113 | 2,938 | 2,878 | 1,251 | 2,401 | n/m | ||||||
| Shareholders’ equity | — | 9,594 | 9,958 | 10,111 | 11,125 | 11,375 | 10,445 | 10,814 | 12,067 | 11,728 | +2.5% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | 11.69 | 33.34 | 9.78 | 4.84 | 9.62 | 5.34 | 5.63 | 6.85 | 10.02 | 7.38 | (4.3) pt | |||||
| ROIC | 0.00 | 19.98 | 11.28 | 11.53 | 13.10 | 11.93 | 12.91 | 11.31 | 15.15 | 15.46 | +15.5 pt | ||||||
| ROE | 17.49 | 27.88 | 16.32 | 9.96 | 20.25 | 10.71 | 11.36 | 14.12 | 19.78 | 14.16 | (3.3) pt | ||||||
Negative figures in brackets.
estimates
Fiscal years to Jun 2026 · latest quarter Jun 2026
Earnings Trends EPS, adjusted, against the consensus
Q4 FY26 Estimate 1.34 Actual 1.79
| Quarter | Estimate | Reported | Result |
|---|---|---|---|
| Q1 FY26 | 1.06 | 1.51 | Beat by 0.45 |
| Q2 FY26 | 0.51 | 0.82 | Beat by 0.31 |
| Q3 FY26 | 1.02 | 1.32 | Beat by 0.30 |
| Q4 FY26 | 1.34 | 1.79 | Beat by 0.45 |
| Q1 FY27 | 2.12 | — | Reports 2 November 2026 |
Charts ten years each
Fox Corporation vs peers in Entertainment (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| LYV Live Nation Entertainment, Inc. | $41.1B | — (loss-making) | — (loss-making) | +9.42% (above 0%: growing) | −18.82% (below 0%: shrinking) | +751.84% (above 0%: growing) | 25.34% | 6.81% | Compare |
| TKO TKO Group Holdings, Inc. | $33.6B | 57.7× | 39.6× | +18.24% (above 0%: growing) | +13.33% (above 0%: growing) | −6.77% (below 0%: shrinking) | 64.05% | 27.78% | Compare |
| FOX Fox Corporation | $27.2B | 15.5× | 10.9× | +28.14% (above 0%: growing) | +2.55% (above 0%: growing) | −47.92% (below 0%: shrinking) | 43.49% | 25.74% | |
| FOXA Fox Corporation | $27.2B | 17.4× | 10.9× | +28.14% (above 0%: growing) | +2.55% (above 0%: growing) | −47.92% (below 0%: shrinking) | 43.49% | 25.74% | Compare |
| ROKU Roku, Inc. | $23.8B | 66.1× | 52.7× | +21.93% (above 0%: growing) | +1,485.71% (above 0%: growing) | +158.61% (above 0%: growing) | 49.73% | 10.79% | Compare |
| FWONA Liberty Media Corporation - Liberty Formula One Series A | $22.7B | 78.9× | — | +24.06% (above 0%: growing) | −98.69% (below 0%: shrinking) | +35.16% (above 0%: growing) | 20.97% | 0.00% | Compare |
| FWONK Liberty Media Corporation - Liberty Formula One Series C | $22.7B | 85.7× | 89.9× | +24.06% (above 0%: growing) | −98.69% (below 0%: shrinking) | +35.16% (above 0%: growing) | 20.97% | 0.00% | Compare |
| NWS News Corporation | $17.3B | 32.7× | — | +10.81% (above 0%: growing) | −74.81% (below 0%: shrinking) | +759.38% (above 0%: growing) | 57.60% | 12.62% | Compare |
| NWSA News Corporation | $17.3B | 29.8× | 23.5× | +10.81% (above 0%: growing) | −74.81% (below 0%: shrinking) | +759.38% (above 0%: growing) | 57.60% | 12.62% | Compare |
| Median of peers | $23.2B | 57.7× | 39.6× | +20.09% | −46.81% | +96.89% | 46.61% | 11.71% |
FOX metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Fox Corporation (FOX) key facts
- Concern: Net income was $1.7 billion, or $3.84 per share (basic), a net margin of 9.84%.
- Strength: Fox Corporation’s revenue for fiscal 2026 (year ended June 2026) was $17.1 billion, up 5.07% from fiscal 2025.
- Fox Corporation (FOX) is an Entertainment company in the Communication Services sector, listed on Nasdaq.
- As of October 23, 2026, FOX traded at $59.43, a market capitalization of $27.2 billion.
- At that price the stock trades at 15.5× trailing-twelve-month earnings and 1.5× sales; its P/E is higher than 87% of its own readings over the past ten years.
- Fox Corporation pays an annual dividend of $0.57 per share, a yield of 0.96%, with a payout ratio of 14.9%.
- Return on equity was 14.2% and debt-to-equity 0.56.
- Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 2.99 (grey zone) for fiscal 2026.