Fox (FOXA)
Market Price (6/6/2026): $67.75 | Market Cap: $28.7 BilSector: Communication Services | Industry: Broadcasting
Fox (FOXA)
Market Price (6/6/2026): $67.75Market Cap: $28.7 BilSector: Communication ServicesIndustry: Broadcasting
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 7.5% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%, CFO LTM is 2.6 Bil, FCF LTM is 2.1 Bil Stock buyback supportStock Buyback 3Y Total is 4.2 Bil Low stock price volatilityVol 12M is 28% Megatrend and thematic driversMegatrends include Digital Content & Streaming, Digital Advertising, and Markets & Betting. Themes include Video Streaming, Show more. | Weak revenue growthRev Chg QQuarterly Revenue Change % is -8.6% Key risksFOXA key risks include [1] heightened legal and regulatory exposure tied to the political nature of its content and potential claims related to workplace conduct. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 7.5% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%, CFO LTM is 2.6 Bil, FCF LTM is 2.1 Bil |
| Stock buyback supportStock Buyback 3Y Total is 4.2 Bil |
| Low stock price volatilityVol 12M is 28% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, Digital Advertising, and Markets & Betting. Themes include Video Streaming, Show more. |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -8.6% |
| Key risksFOXA key risks include [1] heightened legal and regulatory exposure tied to the political nature of its content and potential claims related to workplace conduct. |
Qualitative Assessment
AI Analysis | Feedback
Fox (FOXA) stock has gained about 20% since 2/28/2026 because of the following key factors:
1. Fox Corporation (FOXA) experienced a significant boost from its strong fiscal Q3 2026 earnings report, released on May 11, 2026. The company reported adjusted earnings per share (EPS) of $1.32, considerably beating the consensus analyst estimate of $1.02 by $0.30, a 29.4% surprise. Quarterly revenue also exceeded expectations, coming in at $3.99 billion against an estimated $3.78 billion. This positive earnings surprise led to a 5.1% rise in shares following the announcement.
2. Growth in key operating segments, particularly advertising revenue and the Tubi streaming service, contributed significantly to the stock's upward trend. During Q3 2026, FOX News achieved its highest Q3 advertising revenue ever, and Tubi's revenue increased by 23%, accompanied by a 19% rise in total view time. Additionally, distribution revenue saw a 3% increase, benefiting from the successful early performance of the FOX One initiative.
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Stock Movement Drivers
Fundamental Drivers
The 19.3% change in FOXA stock from 2/28/2026 to 6/5/2026 was primarily driven by a 29.1% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 6052026 | Change |
|---|---|---|---|
| Stock Price ($) | 56.06 | 66.89 | 19.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 16,578 | 16,201 | -2.3% |
| Net Income Margin (%) | 11.4% | 10.6% | -7.4% |
| P/E Multiple | 12.8 | 16.6 | 29.1% |
| Shares Outstanding (Mil) | 433 | 424 | 2.1% |
| Cumulative Contribution | 19.3% |
Market Drivers
2/28/2026 to 6/5/2026| Return | Correlation | |
|---|---|---|
| FOXA | 19.3% | |
| Market (SPY) | 7.8% | 5.2% |
| Sector (XLC) | -5.1% | 15.0% |
Fundamental Drivers
The 2.6% change in FOXA stock from 11/30/2025 to 6/5/2026 was primarily driven by a 15.8% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 6052026 | Change |
|---|---|---|---|
| Stock Price ($) | 65.18 | 66.89 | 2.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 16,474 | 16,201 | -1.7% |
| Net Income Margin (%) | 12.4% | 10.6% | -14.5% |
| P/E Multiple | 14.3 | 16.6 | 15.8% |
| Shares Outstanding (Mil) | 447 | 424 | 5.4% |
| Cumulative Contribution | 2.6% |
Market Drivers
11/30/2025 to 6/5/2026| Return | Correlation | |
|---|---|---|
| FOXA | 2.6% | |
| Market (SPY) | 8.5% | 14.8% |
| Sector (XLC) | -2.6% | 26.9% |
Fundamental Drivers
The 22.9% change in FOXA stock from 5/31/2025 to 6/5/2026 was primarily driven by a 25.4% change in the company's P/E Multiple.| (LTM values as of) | 5312025 | 6052026 | Change |
|---|---|---|---|
| Stock Price ($) | 54.42 | 66.89 | 22.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 16,105 | 16,201 | 0.6% |
| Net Income Margin (%) | 11.6% | 10.6% | -8.8% |
| P/E Multiple | 13.2 | 16.6 | 25.4% |
| Shares Outstanding (Mil) | 453 | 424 | 6.8% |
| Cumulative Contribution | 22.9% |
Market Drivers
5/31/2025 to 6/5/2026| Return | Correlation | |
|---|---|---|
| FOXA | 22.9% | |
| Market (SPY) | 26.6% | 17.6% |
| Sector (XLC) | 11.5% | 28.2% |
Fundamental Drivers
The 122.7% change in FOXA stock from 5/31/2023 to 6/5/2026 was primarily driven by a 34.6% change in the company's Net Income Margin (%).| (LTM values as of) | 5312023 | 6052026 | Change |
|---|---|---|---|
| Stock Price ($) | 30.04 | 66.89 | 122.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14,914 | 16,201 | 8.6% |
| Net Income Margin (%) | 7.8% | 10.6% | 34.6% |
| P/E Multiple | 13.4 | 16.6 | 23.9% |
| Shares Outstanding (Mil) | 521 | 424 | 22.9% |
| Cumulative Contribution | 122.7% |
Market Drivers
5/31/2023 to 6/5/2026| Return | Correlation | |
|---|---|---|
| FOXA | 122.7% | |
| Market (SPY) | 83.4% | 36.2% |
| Sector (XLC) | 85.4% | 38.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FOXA Return | 28% | -17% | -1% | 66% | 52% | -10% | 141% |
| Peers Return | -3% | -22% | -0% | 9% | 39% | -10% | 2% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| FOXA Win Rate | 58% | 42% | 33% | 67% | 75% | 67% | |
| Peers Win Rate | 43% | 27% | 50% | 48% | 52% | 37% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 67% | |
Max Drawdowns [4] | |||||||
| FOXA Max Drawdown | -22% | -35% | -20% | -12% | -18% | -29% | |
| Peers Max Drawdown | -34% | -37% | -37% | -28% | -28% | -21% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DIS, CMCSA, WBD, NXST, SBGI. See FOXA Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/5/2026 (YTD)
How Low Can It Go
| Event | FOXA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -17.4% | -18.8% |
| % Gain to Breakeven | 21.1% | 23.1% |
| Time to Breakeven | 114 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.0% | -9.5% |
| % Gain to Breakeven | 12.4% | 10.5% |
| Time to Breakeven | 146 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -13.9% | -6.7% |
| % Gain to Breakeven | 16.1% | 7.1% |
| Time to Breakeven | 420 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -24.2% | -24.5% |
| % Gain to Breakeven | 31.9% | 32.4% |
| Time to Breakeven | 628 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -46.5% | -33.7% |
| % Gain to Breakeven | 86.9% | 50.9% |
| Time to Breakeven | 344 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -20.5% | -12.2% |
| % Gain to Breakeven | 25.8% | 13.9% |
| Time to Breakeven | 69 days | 62 days |
In The Past
Fox's stock fell -17.4% during the 2025 US Tariff Shock. Such a loss loss requires a 21.1% gain to breakeven.
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Asset Allocation
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| Event | FOXA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -24.2% | -24.5% |
| % Gain to Breakeven | 31.9% | 32.4% |
| Time to Breakeven | 628 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -46.5% | -33.7% |
| % Gain to Breakeven | 86.9% | 50.9% |
| Time to Breakeven | 344 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -20.5% | -12.2% |
| % Gain to Breakeven | 25.8% | 13.9% |
| Time to Breakeven | 69 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -30.9% | -6.8% |
| % Gain to Breakeven | 44.8% | 7.3% |
| Time to Breakeven | 667 days | 15 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -27.2% | -15.4% |
| % Gain to Breakeven | 37.4% | 18.2% |
| Time to Breakeven | 216 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -75.8% | -53.4% |
| % Gain to Breakeven | 314.1% | 114.4% |
| Time to Breakeven | 1102 days | 1085 days |
In The Past
Fox's stock fell -17.4% during the 2025 US Tariff Shock. Such a loss loss requires a 21.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Fox (FOXA)
AI Analysis | Feedback
Here are 1-2 brief analogies to describe Fox (FOXA):
- It's like a combination of CNN and ESPN, plus a major broadcast TV network similar to NBC.
- Think of it as a media company similar to Paramount Global, but with a strong focus on national news and sports, and a free streaming service like Pluto TV.
AI Analysis | Feedback
```html- News and Business News Programming: Operates national cable channels such as FOX News and FOX Business, providing extensive news and financial reporting.
- Sports Programming Networks: Offers a portfolio of national sports networks including FS1, FS2, FOX Sports Racing, FOX Soccer Plus, FOX Deportes, and Big Ten Network, delivering diverse sports content.
- Broadcast Television Network: Operates The FOX Network, a national broadcast network that distributes a variety of sports and entertainment programming.
- Free Advertising-Supported Video-on-Demand (AVOD): Provides Tubi, a streaming service offering free, ad-supported video content to consumers.
- Television Production Services: Develops and produces unscripted, alternative, and animated programming through studios like Fox Alternative Entertainment and Bento Box.
- Broadcast Television Stations: Owns and operates 29 local broadcast television stations across the United States.
- Studio Production Facilities: Manages the FOX Studios lot, offering comprehensive production and post-production services, including sound stages and editing facilities.
AI Analysis | Feedback
Fox (FOXA) sells primarily to other companies, which act as distributors of its content to individual consumers, and to advertisers.
Its major customers for content distribution include:
- Comcast Corporation (CMCSA), operator of Xfinity cable services.
- Charter Communications, Inc. (CHTR), operator of Spectrum cable services.
- DISH Network Corporation (DISH), a direct broadcast satellite provider and operator of Sling TV.
- Alphabet Inc. (GOOGL), which operates the YouTube TV streaming service.
- The Walt Disney Company (DIS), through its majority ownership of Hulu + Live TV.
- Verizon Communications Inc. (VZ), for its Fios TV service.
Additionally, a significant portion of Fox's revenue comes from **advertisers** across various industries, who purchase advertising space and time on its broadcast networks, owned-and-operated stations, cable channels, and the Tubi streaming service.
AI Analysis | Feedback
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Lachlan K. Murdoch, Executive Chair and Chief Executive Officer
Lachlan K. Murdoch oversees Fox Corporation's portfolio of news, sports, and entertainment assets. He was instrumental in the spinoff of FOX by 21st Century Fox and its establishment as a standalone public company. Prior to his current role, Mr. Murdoch founded Illyria Pty, a private investment company, which notably acquired 50 percent of DMG Radio (later renamed NOVA Entertainment), where he became Chairman and saw significant growth. He has also held various senior executive roles within News Corporation and 21st Century Fox over three decades, including overseeing U.S. television stations and publishing assets like the New York Post.
Steve Tomsic, Chief Financial Officer
Steve Tomsic is responsible for Fox Corporation's corporate and operational finance activities, including capital markets, merger and acquisition transactions, treasury, risk management, tax, financial planning and analysis, accounting, and external reporting. He previously served as Deputy Chief Financial Officer of 21st Century Fox (21CF). His extensive background includes various senior finance roles across 21CF's international operations, such as Sky Deutschland, Sky Italia, and Foxtel in Australia. Before joining 21CF, Mr. Tomsic worked in Australia at the Boston Consulting Group, Nomura, and ANZ Bank.
John P. Nallen, President and Chief Operating Officer
John P. Nallen serves as President and Chief Operating Officer for Fox Corporation and is a member of the Office of the Chairman, with oversight of the company's finance, strategy, business development, distribution, real estate, and human resources organizations. He has a long tenure with the Fox family of companies, joining News Corporation (later 21st Century Fox) in 1995. Before his current role, Mr. Nallen served as Chief Operating Officer since the establishment of Fox Corporation in March 2019, and prior to that, he was Senior Executive Vice President and Chief Financial Officer for 21st Century Fox, a position he assumed in 2013, leading all financial aspects including capital markets and M&A. He was also Executive Vice President and Deputy Chief Financial Officer for 21st Century Fox starting in 2001.
Adam G. Ciongoli, Chief Legal and Policy Officer
Adam G. Ciongoli leads all legal, compliance, and regulatory matters for Fox Corporation and oversees government and public affairs. He joined FOX in 2023. Prior to his role at Fox, Mr. Ciongoli served as Executive Vice President, General Counsel, and Chief Sustainability, Corporate Responsibility, and Governance Officer for Campbell Soup Company.
Kevin Lord, Executive Vice President and Chief Human Resources Officer
Kevin Lord oversees Fox Corporation's talent acquisition, colleague development, culture and belonging, compensation and benefits, and employee volunteering strategies, and leads all aspects of the human resources function for FOX News. He joined Fox in early 2017. Previously, Mr. Lord held HR leadership positions at TEGNA (a spinoff from Gannett), NBC News, where he was instrumental in the ownership transition from GE to Comcast, and General Electric. His career began at Burlington Industries, followed by roles at Hewlett-Packard, Colgate-Palmolive, and Roche.
AI Analysis | Feedback
Here are the key risks to Fox Corporation (FOXA):
- Declining Traditional Pay TV Bundle and Intense Industry Competition: Fox Corporation heavily relies on the traditional pay TV bundle for its revenue streams, particularly through its cable networks and broadcast television segments. However, the media industry is experiencing rapid disruption due to technological advancements and changing consumer behaviors, leading to a significant trend of cord-cutting and a shift towards digital platforms. This dependence poses a substantial risk to the company's revenue streams as subscriber numbers decline. Furthermore, Fox operates in an intensely competitive environment, vying for viewership and advertising dollars against traditional media companies and emerging digital platforms. A critical aspect of this competition is the escalating cost of acquiring and renewing premium live sports rights, such as those for the NFL, which can significantly pressure Fox's margins and profitability given its strategic focus on live sports content.
- Regulatory and Legal Challenges: Fox Corporation faces ongoing regulatory and legal challenges, which can have a material adverse effect on its business, financial condition, and operations. The company has been subject to significant legal claims and regulatory inquiries, including defamation and disparagement lawsuits. The outcomes of such legal proceedings, as demonstrated by past settlements, can result in substantial financial liabilities and reputational damage, requiring continuous attention and resources.
AI Analysis | Feedback
The clear emerging threat for Fox Corporation is the ongoing and accelerating shift of consumers away from traditional linear television (cable, satellite, and broadcast) towards various streaming services (subscription video on demand - SVOD, advertising-supported video on demand - AVOD, and free ad-supported streaming TV - FAST).
This trend, commonly referred to as cord-cutting and cord-shaving, directly threatens Fox's primary revenue streams from its Cable Network Programming segment, which relies on affiliate fees and traditional advertising revenue from its channels like FOX News, FS1, and FS2. It also impacts the advertising revenue and overall reach of its Television segment's broadcast network (The FOX Network) and owned-and-operated stations as viewership migrates to digital platforms. While Fox operates Tubi as its own FAST service, it faces intense competition within this increasingly crowded streaming landscape for both viewers and advertising dollars.
AI Analysis | Feedback
Fox Corporation operates within several large addressable markets in the United States for its news, sports, entertainment, and production services.
Cable Network Programming
- News and Business News: The broader U.S. broadcasting and cable TV market was valued at over USD 127.53 billion in 2025 and is projected to exceed USD 155.46 billion by 2035. Fox News's revenue alone was approximately $3.3 billion in 2022.
- Sports Content: The United States sports broadcasting media market was valued at USD 30.23 billion in 2025 and is expected to grow to USD 34.40 billion by 2035. Additionally, spending on U.S. sports rights surged to $30.5 billion in 2025. The U.S. Sports Broadcasting Technology Market reached USD 25.1 billion in 2024.
Television
- Broadcast Network Programming: The U.S. television services market was valued at USD 117.68 billion in 2024 and is projected to reach approximately USD 186.90 billion by 2034. The overall U.S. broadcasting and cable TV market, which includes broadcast television, was valued at over USD 127.53 billion in 2025. The United States television market is expected to grow from USD 67.27 billion in 2024 to USD 91.43 billion in 2032.
- Streaming (Tubi - Advertising-Supported Video-On-Demand or AVOD): The U.S. AVOD market was valued at USD 18.52 billion in 2025 and is projected to reach USD 73.42 billion by 2033. Another estimate places the U.S. AVOD market size at USD 15.0 billion in 2024, anticipating growth to USD 125.8 billion by 2033. The U.S. AVOD market is also projected to reach a valuation of USD 21.7134 billion by 2033, from USD 12.0112 million in 2024. Furthermore, U.S. AVOD viewers are expected to reach 164 million by 2025.
Other, Corporate and Eliminations
- Production and Post-Production Services (Fox Alternative Entertainment, Bento Box, FOX Studios lot): The television production market in the U.S. was valued at $69.0 billion in 2024 and is projected to be $70.1 billion in 2025. The broader motion picture, TV, and video production industry in the U.S. generates about $89.3 billion annually. Specifically for TV Commercial Production, the market size in the U.S. is estimated at USD 13,250.75 million in 2024 and is projected to reach USD 23,240.40 million by 2032.
AI Analysis | Feedback
Fox Corporation (FOXA) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends: * **Continued Growth and Profitability of Tubi:** Tubi, Fox's free advertising-supported video-on-demand (AVOD) service, is a significant growth driver. The platform has demonstrated strong revenue growth, increased total view time, and achieved profitability earlier than anticipated. Tubi's expansion into new regions, such as the UK where its content offering has tripled, further positions it for international growth and increased user engagement. * **Robust Advertising Market and Pricing Strength in News and Sports:** Fox anticipates continued strong advertising demand and favorable pricing across its news and sports programming. FOX News Media has experienced consistent advertising revenue growth for seven consecutive quarters, with executives noting that ad rates remain competitive compared to broadcast television, indicating potential for further price increases. Strong engagement and pricing in live sports, particularly with the NFL and MLB postseason games, also contribute significantly to advertising revenue. * **Major Sports Events and Strategic Sports Rights:** Upcoming major sports events, such as the FIFA World Cup 2026, are viewed as "generational opportunities" that are expected to generate record-breaking advertising revenue. Fox's commitment to retaining key sports rights, including its willingness to "rebalance" its sports portfolio for the NFL, underscores the strategic importance of live sports content in driving viewership and ad spending. * **Significant Political Advertising Revenue:** The 2026 U.S. Midterm Elections are projected to deliver a substantial influx of political advertising revenue, particularly benefiting Fox's owned-and-operated television stations. Industry forecasts suggest this election cycle could see around $11 billion in total political advertising across all media, with a considerable share expected to flow to local television and digital platforms. * **Expansion of FOX One Direct-to-Consumer Service:** The launch of FOX One, a new direct-to-consumer streaming service, is a strategic move to address subscriber declines in traditional linear television. Initial results indicate positive subscriber uptake and engagement, with the service specifically targeting cord-cutters and cord-nevers. FOX One is expected to achieve multi-year growth benchmarks and contribute to the company's EBITDA in the near term.AI Analysis | Feedback
Capital Allocation Decisions (Last 3-5 Years)
Share Repurchases
- On June 17, 2021, the Board of Directors authorized an additional $2 billion for stock repurchases, bringing the total authorization to $4 billion, with over $1.56 billion already completed at that time.
- On August 5, 2025, the Board authorized incremental stock repurchases of an additional $5 billion, increasing the total stock repurchase authorization to $12 billion.
- An accelerated share repurchase transaction of $1.5 billion was announced on October 30, 2025.
Share Issuance
- The number of shares outstanding has consistently declined, indicating a net reduction through repurchases rather than issuance. Shares outstanding were 0.531 billion in 2023, 0.48 billion in 2024 (a 9.6% decline from 2023), and 0.461 billion in 2025 (a 3.96% decline from 2024).
- As of December 31, 2025, shares outstanding were 441 million, representing a 4.55% year-over-year decrease.
Outbound Investments
- In April 2020, Fox Corporation acquired the streaming service Tubi for $440 million, boosting its digital footprint.
- In September 2021, the company acquired TMZ from WarnerMedia for approximately $50 million.
- In July 2025, Fox Corporation announced the acquisition of a one-third stake in Penske Entertainment, the parent company of the IndyCar Series and Indianapolis Motor Speedway.
Capital Expenditures
- Capital expenditures for fiscal years ending June 2021 to 2025 averaged $364.8 million.
- Capital expenditures peaked at $484 million in June 2021 and were $331 million in fiscal year 2025.
- Expected capital expenditures for 2026 are projected to be $412.1 million, with a primary focus on broadcasting, news, sports assets, and digital growth initiatives like Tubi.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 46.56 |
| Mkt Cap | 46.9 |
| Rev LTM | 26,706 |
| Op Inc LTM | 2,500 |
| FCF LTM | 2,223 |
| FCF 3Y Avg | 3,289 |
| CFO LTM | 3,087 |
| CFO 3Y Avg | 4,059 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.2% |
| Rev Chg 3Y Avg | 0.3% |
| Rev Chg Q | 4.6% |
| QoQ Delta Rev Chg LTM | 1.1% |
| Op Inc Chg LTM | -7.8% |
| Op Inc Chg 3Y Avg | 9.5% |
| Op Mgn LTM | 14.8% |
| Op Mgn 3Y Avg | 15.7% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 16.2% |
| CFO/Rev 3Y Avg | 15.9% |
| FCF/Rev LTM | 10.2% |
| FCF/Rev 3Y Avg | 12.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 46.9 |
| P/S | 1.4 |
| P/Op Inc | 7.4 |
| P/EBIT | 10.1 |
| P/E | 15.5 |
| P/CFO | 8.7 |
| Total Yield | 7.0% |
| Dividend Yield | 2.5% |
| FCF Yield 3Y Avg | 10.5% |
| D/E | 0.8 |
| Net D/E | 0.7 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -5.9% |
| 3M Rtn | -7.1% |
| 6M Rtn | -1.9% |
| 12M Rtn | 15.1% |
| 3Y Rtn | 21.1% |
| 1M Excs Rtn | -6.1% |
| 3M Excs Rtn | -16.6% |
| 6M Excs Rtn | -11.8% |
| 12M Excs Rtn | -8.8% |
| 3Y Excs Rtn | -50.9% |
Comparison Analyses
Price Behavior
| Market Price | $66.89 | |
| Market Cap ($ Bil) | 28.4 | |
| First Trading Date | 03/11/1996 | |
| Distance from 52W High | -11.7% | |
| 50 Days | 200 Days | |
| DMA Price | $63.37 | $63.51 |
| DMA Trend | up | up |
| Distance from DMA | 5.6% | 5.3% |
| 3M | 1YR | |
| Volatility | 28.4% | 28.4% |
| Downside Capture | 62.99 | 61.55 |
| Upside Capture | 82.20 | 71.57 |
| Correlation (SPY) | 11.1% | 19.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.41 | 0.75 | 0.15 | 0.39 | 0.45 | 0.63 |
| Up Beta | -1.53 | -0.18 | -0.51 | -0.43 | 0.13 | 0.64 |
| Down Beta | 1.34 | 0.70 | -0.54 | 0.36 | 0.19 | 0.74 |
| Up Capture | 52% | 99% | 74% | 55% | 57% | 33% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 9 | 23 | 37 | 68 | 140 | 404 |
| Down Capture | 126% | 222% | 47% | 89% | 75% | 72% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 11 | 18 | 26 | 56 | 110 | 342 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FOXA | |
|---|---|---|---|---|
| FOXA | 25.1% | 28.4% | 0.78 | - |
| Sector ETF (XLC) | 10.6% | 13.3% | 0.50 | 28.7% |
| Equity (SPY) | 25.3% | 12.1% | 1.57 | 17.6% |
| Gold (GLD) | 27.6% | 26.9% | 0.88 | 1.3% |
| Commodities (DBC) | 36.9% | 19.0% | 1.52 | 4.0% |
| Real Estate (VNQ) | 12.5% | 13.3% | 0.63 | 14.8% |
| Bitcoin (BTCUSD) | -39.7% | 42.2% | -1.08 | 12.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FOXA | |
|---|---|---|---|---|
| FOXA | 13.8% | 27.0% | 0.48 | - |
| Sector ETF (XLC) | 8.3% | 20.7% | 0.32 | 45.5% |
| Equity (SPY) | 13.5% | 17.1% | 0.62 | 43.6% |
| Gold (GLD) | 17.3% | 18.1% | 0.78 | 4.7% |
| Commodities (DBC) | 9.5% | 19.4% | 0.38 | 17.0% |
| Real Estate (VNQ) | 3.2% | 18.8% | 0.07 | 36.5% |
| Bitcoin (BTCUSD) | 12.1% | 54.6% | 0.42 | 17.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FOXA | |
|---|---|---|---|---|
| FOXA | 10.2% | 30.5% | 0.38 | - |
| Sector ETF (XLC) | 9.2% | 22.2% | 0.48 | 44.5% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 45.4% |
| Gold (GLD) | 13.0% | 16.0% | 0.67 | 2.3% |
| Commodities (DBC) | 7.1% | 18.0% | 0.32 | 19.1% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 39.4% |
| Bitcoin (BTCUSD) | 63.9% | 66.9% | 1.03 | 9.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/11/2026 | 7.6% | 3.0% | |
| 2/4/2026 | -3.6% | -9.8% | -16.1% |
| 10/30/2025 | 7.7% | 6.5% | 9.2% |
| 8/5/2025 | -3.7% | -4.4% | 5.9% |
| 5/12/2025 | 4.3% | 11.6% | 8.9% |
| 2/4/2025 | 5.2% | 2.5% | 9.0% |
| 11/4/2024 | 2.7% | 6.5% | 10.8% |
| 8/6/2024 | 6.7% | 6.8% | 14.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 16 | 16 |
| # Negative | 9 | 8 | 7 |
| Median Positive | 5.2% | 4.7% | 8.1% |
| Median Negative | -3.6% | -4.3% | -4.4% |
| Max Positive | 7.7% | 11.6% | 27.5% |
| Max Negative | -7.3% | -9.8% | -16.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/11/2026 | 10-Q |
| 12/31/2025 | 02/04/2026 | 10-Q |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-K |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 02/04/2025 | 10-Q |
| 09/30/2024 | 11/04/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-K |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/07/2024 | 10-Q |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/11/2023 | 10-K |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/08/2023 | 10-Q |
| 09/30/2022 | 11/01/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-K |
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Murdoch, Lachlan K | Executive Chair, CEO | Direct | Sell | 3132026 | 58.20 | 637,752 | 37,116,766 | 8,846 | Form |
| 2 | Murdoch, Lachlan K | Executive Chair, CEO | LKM Family Trust | Buy | 3132026 | 60.63 | 175,372 | 10,632,804 | 75,895,361 | Form |
| 3 | Murdoch, Lachlan K | Executive Chair, CEO | Direct | Sell | 3132026 | 57.69 | 247,257 | 14,264,786 | 10,126,355 | Form |
| 4 | Nallen, John | President, COO | Direct | Sell | 3132026 | 57.68 | 216,806 | 12,505,069 | 20,891,539 | Form |
| 5 | Murdoch, Lachlan K | Executive Chair, CEO | Direct | Sell | 3132026 | 57.74 | 242,747 | 14,015,143 | 10,133,983 | Form |
Industry Resources
| Communication Services Resources |
| Variety |
| The Hollywood Reporter |
| Adweek |
| Broadcasting Resources |
| Broadcasting & Cable |
| TV Technology |
| Radio Ink |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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