Fox Corp FOXA
The Company is a news, sports and entertainment company, which manages and reports its businesses in four operating segments: Cable Network Programming, Television, Credible and the FOX Studio Lot with the following two reportable segments:
•Cable Network Programming, which produces and licenses news and sports content distributed through traditional cable television systems, direct broadcast satellite operators and telecommunication companies ("traditional MVPDs"), virtual multi-channel video programming distributors ("virtual MVPDs") and other digital platforms, primarily in the U.S.
•Television, which produces, acquires, markets and distributes programming through the FOX broadcast network, advertising-supported video-on-demand ("AVOD") service Tubi, 29 full power broadcast television stations, including 11 duopolies, and other digital platforms, primarily in the U.S. Eighteen of the broadcast television stations are affiliated with the FOX Network and 11 are affiliated with MyNetworkTV. The segment also includes various production companies that produce content for the Company and third parties.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.13B | $16.30B | $13.98B | $14.91B | $13.97B | $12.91B | $12.30B | $11.39B | $10.15B | $9.92B |
| SG&A | $2.37B | $2.17B | $2.02B | $2.05B | $1.92B | $1.81B | $1.74B | $1.42B | $1.21B | $1.09B |
| Interest expense | $401.0M | $403.0M | $405.0M | $349.0M | $377.0M | $395.0M | $369.0M | $203.0M | $43.0M | $23.0M |
| Pre-tax income | $2.28B | $3.06B | $2.10B | $1.74B | $1.69B | $2.92B | $1.46B | $2.22B | $2.17B | $2.24B |
| Income tax | $551.0M | $768.0M | $550.0M | $483.0M | $461.0M | $717.0M | $402.0M | $581.0M | $58.0M | $832.0M |
| Net income | $1.73B | $2.29B | $1.55B | $1.25B | $1.23B | $2.20B | $1.06B | $1.64B | $2.23B | $1.41B |
| EPS, basic | 3.91 | 4.97 | 3.14 | 2.34 | 2.13 | 3.64 | 1.63 | 2.57 | 3.52 | — |
| EPS, diluted | 3.84 | 4.91 | 3.13 | 2.33 | 2.11 | 3.61 | 1.62 | 2.57 | 3.52 | 2.21 |
| Shares, diluted (wtd. avg.) | $439.0M | $461.0M | $480.0M | $531.0M | $570.0M | $595.0M | $616.0M | $621.0M | $621.0M | — |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.21B | $5.35B | $4.32B | $4.27B | $5.20B | $5.89B | $4.64B | $3.23B | $2.50B | $19.0M |
| Receivables | $3.46B | $2.47B | $2.36B | $2.18B | $2.13B | $2.03B | $1.89B | $1.97B | $1.83B | — |
| Inventory | $487.0M | $432.0M | $626.0M | $543.0M | $791.0M | $729.0M | $856.0M | $1.13B | $1.18B | — |
| Total current assets | $8.45B | $8.43B | $7.50B | $7.26B | $8.28B | $8.75B | $7.49B | $6.48B | $5.58B | — |
| Property, plant and equipment | $1.84B | $1.71B | $1.70B | $1.71B | $1.68B | $1.71B | $1.50B | $1.31B | $1.17B | — |
| Goodwill | $3.65B | $3.64B | $3.54B | $3.56B | $3.55B | $3.44B | $3.41B | $2.69B | $2.75B | — |
| Other intangibles | $2.87B | $2.97B | $3.04B | $3.08B | $3.16B | $3.15B | $3.20B | $2.85B | $2.87B | — |
| Total assets | $22.48B | $23.20B | $21.97B | $21.87B | $22.18B | $22.93B | $21.75B | $19.51B | $13.12B | — |
| Accounts payable | $2.67B | $2.90B | $2.35B | $2.51B | $2.30B | $2.25B | $1.91B | — | — | — |
| Short-term debt | — | $0 | $599.0M | $1.25B | $0 | $749.0M | $0 | — | — | — |
| Total current liabilities | $2.67B | $2.90B | $2.95B | $3.76B | $2.30B | $3.00B | $1.91B | $1.71B | $1.76B | — |
| Long-term debt | $6.61B | $6.60B | $6.60B | $5.96B | $7.21B | $7.20B | $7.95B | $6.75B | $0 | — |
| Retained earnings | $4.46B | $4.48B | $3.14B | $2.27B | $2.46B | $1.98B | $674.0M | $357.0M | $0 | — |
| Total equity | $11.63B | $11.96B | $10.81B | $10.45B | $11.38B | $11.12B | $10.11B | $9.96B | $9.59B | $6.09B |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.97B | $3.32B | $1.84B | $1.80B | $1.88B | $2.64B | $2.37B | $2.52B | $1.32B | $1.66B |
| Stock-based compensation | $132.0M | $135.0M | $90.0M | $74.0M | $102.0M | $147.0M | $137.0M | $36.0M | $0 | $0 |
| Capital expenditure | $502.0M | $331.0M | $345.0M | $357.0M | $307.0M | $484.0M | $359.0M | $235.0M | $215.0M | $191.0M |
| Investing cash flow | -$705.0M | -$537.0M | -$452.0M | -$438.0M | -$513.0M | -$528.0M | -$1.10B | -$637.0M | $128.0M | -$242.0M |
| Financing cash flow | -$2.41B | -$1.75B | -$1.34B | -$2.29B | -$2.06B | -$870.0M | $146.0M | -$1.15B | $1.04B | -$1.43B |
| Dividends paid | $287.0M | $277.0M | $281.0M | $299.0M | $307.0M | $330.0M | $335.0M | $188.0M | $41.0M | $35.0M |
| Buybacks | $2.00B | $1.00B | $1.00B | $2.00B | $1.00B | $1.00B | $600.0M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-053960.
Others in SIC 4833
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NXST | NEXSTAR MEDIA GROUP, INC. | $5.45B | 58.9x | -8.5% |
| VSNT | Versant Media Group, Inc. | $5.43B | — | -5.3% |
| NMAX | Newsmax Inc. | $1.37B | — | 10.7% |
| SBGI | Sinclair, Inc. | $996.5M | — | -10.7% |
| EVC | ENTRAVISION COMMUNICATIONS CORP | $775.6M | — | 22.6% |
| GTN | GRAY MEDIA, INC | $485.1M | — | -15.1% |
| SSP | E.W. SCRIPPS Co | $303.9M | — | -14.3% |
| PSKY | Paramount Skydance Corp | $10.9K | — | — |