Fox (FOXA)
Market Price (2/10/2026): $62.84 | Market Cap: $27.2 BilSector: Communication Services | Industry: Broadcasting
Fox (FOXA)
Market Price (2/10/2026): $62.84Market Cap: $27.2 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 8.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 8.5% | 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 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 14%, CFO LTM is 2.7 Bil, FCF LTM is 2.3 Bil | |
| Low stock price volatilityVol 12M is 30% | |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, Digital Advertising, and Markets & Betting. Themes include Video Streaming, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 8.5% |
| 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 14%, CFO LTM is 2.7 Bil, FCF LTM is 2.3 Bil |
| Low stock price volatilityVol 12M is 30% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, Digital Advertising, and Markets & Betting. Themes include Video Streaming, Show more. |
| 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
1. Decline in Net Income and Earnings Per Share. Fox Corporation reported a notable year-over-year decrease in net income and basic earnings per share for the second quarter ended December 31, 2025. The company's net income fell to $229 million, down from $373 million in the prior year, with basic earnings per share declining from $0.81 to $0.52. Even on an adjusted basis, net income attributable to stockholders and adjusted earnings per share were lower compared to the previous year.
2. Higher Operating Expenses Leading to Reduced Adjusted EBITDA. The company experienced an 11% decline in Adjusted EBITDA for the second quarter, primarily due to an increase in operating expenses. This increase was driven by higher sports programming rights amortization and production costs, as well as increased digital marketing expenses, which more than offset the growth in revenue.
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Stock Movement Drivers
Fundamental Drivers
The -2.8% change in FOXA stock from 10/31/2025 to 2/9/2026 was primarily driven by a -7.7% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 2092026 | Change |
|---|---|---|---|
| Stock Price ($) | 64.65 | 62.85 | -2.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 16,474 | 16,578 | 0.6% |
| Net Income Margin (%) | 12.4% | 11.4% | -7.7% |
| P/E Multiple | 14.2 | 14.4 | 1.3% |
| Shares Outstanding (Mil) | 447 | 433 | 3.2% |
| Cumulative Contribution | -2.8% |
Market Drivers
10/31/2025 to 2/9/2026| Return | Correlation | |
|---|---|---|
| FOXA | -2.8% | |
| Market (SPY) | 1.7% | 10.3% |
| Sector (XLC) | 1.8% | 28.8% |
Fundamental Drivers
The 13.2% change in FOXA stock from 7/31/2025 to 2/9/2026 was primarily driven by a 6.7% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2092026 | Change |
|---|---|---|---|
| Stock Price ($) | 55.50 | 62.85 | 13.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 16,105 | 16,578 | 2.9% |
| Net Income Margin (%) | 11.6% | 11.4% | -1.5% |
| P/E Multiple | 13.5 | 14.4 | 6.7% |
| Shares Outstanding (Mil) | 453 | 433 | 4.6% |
| Cumulative Contribution | 13.2% |
Market Drivers
7/31/2025 to 2/9/2026| Return | Correlation | |
|---|---|---|
| FOXA | 13.2% | |
| Market (SPY) | 10.1% | 15.6% |
| Sector (XLC) | 9.2% | 27.3% |
Fundamental Drivers
The 24.0% change in FOXA stock from 1/31/2025 to 2/9/2026 was primarily driven by a 18.3% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 2092026 | Change |
|---|---|---|---|
| Stock Price ($) | 50.70 | 62.85 | 24.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14,337 | 16,578 | 15.6% |
| Net Income Margin (%) | 13.4% | 11.4% | -14.9% |
| P/E Multiple | 12.2 | 14.4 | 18.3% |
| Shares Outstanding (Mil) | 461 | 433 | 6.5% |
| Cumulative Contribution | 24.0% |
Market Drivers
1/31/2025 to 2/9/2026| Return | Correlation | |
|---|---|---|
| FOXA | 24.0% | |
| Market (SPY) | 16.3% | 52.5% |
| Sector (XLC) | 15.2% | 56.5% |
Fundamental Drivers
The 92.7% change in FOXA stock from 1/31/2023 to 2/9/2026 was primarily driven by a 45.2% change in the company's Net Income Margin (%).| (LTM values as of) | 1312023 | 2092026 | Change |
|---|---|---|---|
| Stock Price ($) | 32.61 | 62.85 | 92.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14,121 | 16,578 | 17.4% |
| Net Income Margin (%) | 7.9% | 11.4% | 45.2% |
| P/E Multiple | 16.2 | 14.4 | -11.0% |
| Shares Outstanding (Mil) | 550 | 433 | 27.0% |
| Cumulative Contribution | 92.7% |
Market Drivers
1/31/2023 to 2/9/2026| Return | Correlation | |
|---|---|---|
| FOXA | 92.7% | |
| Market (SPY) | 77.1% | 40.8% |
| Sector (XLC) | 118.5% | 39.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FOXA Return | 28% | -17% | -1% | 66% | 52% | -11% | 137% |
| Peers Return | -3% | -22% | -0% | 9% | 39% | 0% | 13% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| FOXA Win Rate | 58% | 42% | 33% | 67% | 75% | 0% | |
| Peers Win Rate | 43% | 27% | 50% | 48% | 52% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| FOXA Max Drawdown | -1% | -23% | -3% | -3% | -2% | -11% | |
| Peers Max Drawdown | -15% | -30% | -19% | -14% | -22% | -6% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[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 2/9/2026 (YTD)
How Low Can It Go
| Event | FOXA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -36.0% | -25.4% |
| % Gain to Breakeven | 56.2% | 34.1% |
| Time to Breakeven | 741 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -48.7% | -33.9% |
| % Gain to Breakeven | 94.8% | 51.3% |
| Time to Breakeven | 347 days | 148 days |
| 2018 Correction | ||
| % Loss | -42.2% | -19.8% |
| % Gain to Breakeven | 73.0% | 24.7% |
| Time to Breakeven | 1,946 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -79.2% | -56.8% |
| % Gain to Breakeven | 380.6% | 131.3% |
| Time to Breakeven | 1,277 days | 1,480 days |
Compare to DIS, CMCSA, WBD, NXST, SBGI
In The Past
Fox's stock fell -36.0% during the 2022 Inflation Shock from a high on 2/10/2022. A -36.0% loss requires a 56.2% gain to breakeven.
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About Fox (FOXA)
AI Analysis | Feedback
Here are 1-2 brief analogies to describe Fox (FOXA):
- Like a highly focused Paramount Global, prioritizing news and sports broadcasting and its TV network over a major film studio or broad entertainment cable channels.
- It's essentially the news, sports, and broadcast network components of a company like Comcast's NBCUniversal, operating as a standalone entity without the film studio, theme parks, or broader entertainment channels.
AI Analysis | Feedback
- News and Opinion Programming: Fox provides live and on-demand news, analysis, and opinion content through its Fox News Media properties, including linear channels and streaming services.
- Sports Broadcasting: Fox offers extensive live sports coverage, highlights, and sports-related programming across its FOX Sports networks and digital platforms.
- Entertainment Content and Streaming: The company produces and broadcasts a variety of scripted and unscripted entertainment series on the FOX Network and operates the ad-supported video-on-demand (AVOD) streaming service Tubi.
- Local Television Broadcasting: Fox owns and operates local television stations across the United States, delivering local news, sports, and syndicated content to communities.
AI Analysis | Feedback
Fox Corporation (symbol: FOXA) primarily sells its content and advertising inventory to other companies.
Its major customers are large multichannel video programming distributors (MVPDs) and virtual multichannel video programming distributors (vMVPDs) that pay affiliate and retransmission consent fees to carry Fox's cable networks (such as FOX News Channel, FS1, and FOX Business Network) and local broadcast stations. Additionally, advertisers are key customers who purchase advertising time across Fox's various platforms, including its broadcast network, cable channels, and the Tubi streaming service.
Here are some of its significant customer companies, primarily representing the MVPD/vMVPD category:
- Comcast Corporation (symbol: CMCSA)
- Charter Communications, Inc. (symbol: CHTR)
- DISH Network Corporation (symbol: DISH)
- Google (symbol: GOOGL) - for its YouTube TV service
- The Walt Disney Company (symbol: DIS) - for its Hulu + Live TV service
AI Analysis | Feedback
Major Suppliers of Fox Corporation (FOXA):
- Amazon.com, Inc. (AMZN)
- Alphabet Inc. (GOOGL)
- Sony Group Corporation (SONY)
- Thomson Reuters (TRI)
AI Analysis | Feedback
Lachlan Murdoch, Executive Chair and Chief Executive Officer
Lachlan Murdoch has been the Executive Chair and Chief Executive Officer of Fox Corporation since December 2023, having previously served as Co-Chairman from 2019 to 2023. He was instrumental in the spin-off of FOX from 21st Century Fox and its establishment as a standalone public company in 2019. Throughout his career, he has spent decades building, operating, and investing in prominent television and publishing businesses. From 1994 to 2005, he held various senior executive roles, including Deputy Chief Operating Officer of 21st Century Fox, Chairman of Fox Television Stations, and Publisher of the New York Post, where he oversaw a more than 40% increase in circulation. In 2005, he founded Illyria Pty Ltd, a private investment company, and through it, acquired and managed NOVA Entertainment, an Australian radio network, significantly growing its value and EBITDA. He also served as Non-Executive Chairman of Ten Network Holdings. Murdoch currently also serves as Chairman of News Corp and Executive Chairman of NOVA Entertainment. His involvement with Illyria Pty Ltd, a private investment company, demonstrates a pattern of managing companies backed by private capital.
Steven Tomsic, Chief Financial Officer
Steven Tomsic has served as Chief Financial Officer of Fox Corporation since 2018, overseeing the company's corporate and operational finance activities, including capital markets, mergers and acquisitions, treasury, risk management, tax, financial planning and analysis, accounting, and external reporting. Prior to joining Fox Corporation, he was the Deputy Chief Financial Officer of 21st Century Fox (21CF) from March 2017 to March 2019, and Executive Vice President of Corporate Finance at 21CF from 2015 to 2017. Before his corporate roles at 21CF, Tomsic served as Chief Financial Officer of Sky Deutschland AG, a German publicly listed company, from 2010 to 2015. He also held various finance positions within 21CF's Europe & Asia corporate offices, European channels businesses, Sky Italia, and FOXTEL in Australia. Earlier in his career, he worked at Boston Consulting Group, Nomura, and ANZ Bank.
John P. Nallen, President and Chief Operating Officer
John P. Nallen has been the Chief Operating Officer of Fox Corporation since 2018 and assumed the role of President in February 2025. In his current position, he is responsible for the company's finance, strategy, business development, distribution, real estate, and human resources organizations. Previously, Nallen served as Senior Executive Vice President and Chief Financial Officer for 21st Century Fox from 2013 to 2019, and as Executive Vice President and Deputy Chief Financial Officer at 21st Century Fox from 2001 to 2013. He also served as a Director of Sky plc from 2015 to 2018 and spent 16 years with Arthur Andersen.
Adam G. Ciongoli, Chief Legal and Policy Officer
Adam G. Ciongoli is the Chief Legal and Policy Officer for Fox Corporation, a role he assumed in 2023. He is responsible for leading all legal, compliance, and regulatory matters, as well as overseeing government and public affairs for the company. Before joining Fox, Mr. Ciongoli served as Executive Vice President, General Counsel, and Chief Sustainability Officer at another company.
Gabrielle Brown, Chief Investor Relations Officer and Executive Vice President
Gabrielle Brown serves as Chief Investor Relations Officer and Executive Vice President for Fox Corporation, where she leads the development and execution of the company's investor relations program. Prior to joining Fox, Ms. Brown was a Managing Director at UBS, specializing in the global internet and media industries.
AI Analysis | Feedback
The key risks to Fox Corporation's business (FOXA) are as follows:-
Market and Strategic Headwinds, including Changes in Consumer Behavior and Cord-Cutting
Fox Corporation faces significant challenges from the shifting media landscape, characterized by consumers moving away from traditional cable toward streaming and other digital distribution platforms. This "cord-cutting" trend leads to declining numbers of subscribers to multichannel video programming distributor (MVPD) services, which directly impacts the company's affiliate fee and advertising revenues. The intense competition from streaming services and other digital platforms further challenges Fox's core business model, necessitating substantial investment to maintain relevance.
-
Regulatory and Legal Exposure
The company operates within a complex web of laws related to broadcasting, privacy, and data protection, making it highly susceptible to regulatory changes and enforcement actions. Legal and regulatory risks are a consistent concern for Fox Corporation, particularly given the political nature of some of its core content. Any changes in these regulations or their enforcement, as well as ongoing litigation and potential future claims related to content or workplace conduct, could materially impact operations, damage brand credibility, and affect financial stability.
-
Advertising Revenue Volatility and Economic Uncertainties
Fox Corporation derives a substantial portion of its revenues from advertising sales, making it highly vulnerable to economic downturns and fluctuations in advertising expenditures. If the economy slows, advertisers tend to reduce their budgets, which directly impacts the company's top line. Additionally, shifts in advertising spending from linear to digital platforms and increased competition in the digital advertising market further intensify this risk.
AI Analysis | Feedback
The aggressive entry of major technology and streaming companies (e.g., Amazon, Apple, Google's YouTube) into the exclusive live sports rights market. These companies are actively acquiring and broadcasting premium sports packages, historically a key driver of Fox's audience and advertising revenue. This trend threatens Fox by significantly increasing the cost of securing desirable sports content, potentially leading to the loss of exclusivity for major events, and accelerating the shift of sports viewership from traditional linear television to direct-to-consumer streaming platforms.
AI Analysis | Feedback
Fox Corporation (FOXA) operates primarily in the television broadcasting, news, sports, and entertainment industries. The addressable markets for its main products and services can be identified as follows:
News Broadcasting (via FOX News Media and FOX Television Stations)
- The global television services market, which encompasses news broadcasting, was valued at approximately $373.59 billion in 2024 and is projected to reach about $579.50 billion by 2034.
- In North America, the television services market alone accounted for an estimated $156.91 billion in 2024 and is expected to grow to around $243.39 billion by 2034.
- The broader global broadcast media market, which also includes news, was anticipated to be worth $575.28 billion in 2024 and is projected to reach $722.72 billion by 2033. North America is a significant region within this market.
Sports Broadcasting (via FOX Sports Media Group)
- The global sports broadcasting technology market was estimated at approximately $79.85 billion in 2024 and is forecast to reach around $146.27 billion by 2034.
- Specifically, the U.S. sports broadcasting technology market was valued at about $23.64 billion in 2024 and is projected to grow to approximately $44.16 billion by 2034. North America held over 34% of the global sports broadcasting technology market in 2024, translating to revenue of approximately $26.5 billion.
Entertainment Broadcasting (via FOX Entertainment, FOX Network, and FOX Television Stations)
- Similar to news broadcasting, the addressable market for entertainment broadcasting through traditional television channels is part of the larger television services market.
- The global television services market was valued at approximately $373.59 billion in 2024 and is predicted to increase to around $579.50 billion by 2034.
- The North American television services market was approximately $156.91 billion in 2024 and is expected to reach about $243.39 billion by 2034.
Tubi (Ad-Supported Video-On-Demand Streaming Service)
- While a specific addressable market size solely for ad-supported video-on-demand (AVOD) comparable to the other broadcasting segments was not distinctly identified, Tubi operates within the larger over-the-top (OTT) streaming market, which is a growing segment within the broadcast media landscape. The growth of OTT services is a significant driver in the evolution of media consumption.
- Individual market size: null
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Fox (symbol: FOXA) over the next 2-3 years:
- Growth in Advertising Revenue: Fox is expected to benefit from strong advertising demand, particularly around major live events and news cycles. This includes an anticipated boost from political advertising during election seasons and sustained interest in premium sports content. The growth in digital advertising, especially through its streaming platform Tubi, is also a significant contributor to this driver.
- Expansion and Monetization of Tubi: The continued expansion of Tubi's audience and content offerings is a key growth driver. As Tubi gains more users and viewing hours, Fox can further monetize this platform through increased advertising impressions and higher ad rates, particularly as advertisers shift budgets towards connected TV (CTV) and free ad-supported streaming TV (FAST) services.
- Leveraging Premium Sports Rights: Fox's portfolio of exclusive sports broadcasting rights, including NFL, MLB, and college football, remains a crucial asset. The company is focused on maximizing the monetization of these rights across its linear and digital platforms through advertising and affiliate fees, leveraging the strong viewership and engagement that live sports command.
- Strategic Content Development and Distribution: Fox continues to invest in and develop compelling content across its news, sports, and entertainment divisions. By creating and distributing popular programming, the company aims to attract and retain audiences, which in turn supports advertising revenue and strengthens its position in affiliate fee negotiations.
AI Analysis | Feedback
Share Repurchases
- FOX Corporation repurchased approximately $1.15 billion of its Class A and Class B common stock during fiscal year 2023.
- The company repurchased approximately $2.0 billion of its Class A and Class B common stock in fiscal year 2022.
- FOX's board authorized a new stock repurchase program of up to an additional $2 billion in March 2023.
Outbound Investments
- FOX has continued to invest in the growth and content development of Tubi, its free ad-supported streaming television service.
Capital Expenditures
- Capital expenditures for fiscal year 2023 were $311 million, increasing from $224 million in fiscal year 2022 and $178 million in fiscal year 2021.
- The primary focus of capital expenditures has been on technology, infrastructure, and enhancing content production capabilities across its broadcast, cable, and streaming operations.
- Expected capital expenditures for fiscal year 2024 were anticipated to be in the range of $250 million to $300 million.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 47.23 |
| Mkt Cap | 47.3 |
| Rev LTM | 27,220 |
| Op Inc LTM | 2,284 |
| FCF LTM | 3,222 |
| FCF 3Y Avg | 3,349 |
| CFO LTM | 3,980 |
| CFO 3Y Avg | 4,106 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -0.5% |
| Rev Chg 3Y Avg | 2.7% |
| Rev Chg Q | -2.4% |
| QoQ Delta Rev Chg LTM | -0.6% |
| Op Mgn LTM | 15.5% |
| Op Mgn 3Y Avg | 15.7% |
| QoQ Delta Op Mgn LTM | -1.0% |
| CFO/Rev LTM | 16.4% |
| CFO/Rev 3Y Avg | 15.5% |
| FCF/Rev LTM | 12.4% |
| FCF/Rev 3Y Avg | 11.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 47.3 |
| P/S | 1.5 |
| P/EBIT | 7.9 |
| P/E | 14.2 |
| P/CFO | 8.3 |
| Total Yield | 7.4% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 13.2% |
| D/E | 0.7 |
| Net D/E | 0.6 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.8% |
| 3M Rtn | 7.3% |
| 6M Rtn | 18.1% |
| 12M Rtn | 13.5% |
| 3Y Rtn | 19.0% |
| 1M Excs Rtn | -4.3% |
| 3M Excs Rtn | 5.9% |
| 6M Excs Rtn | 12.8% |
| 12M Excs Rtn | -2.0% |
| 3Y Excs Rtn | -54.9% |
Comparison Analyses
Price Behavior
| Market Price | $62.85 | |
| Market Cap ($ Bil) | 28.1 | |
| First Trading Date | 03/11/1996 | |
| Distance from 52W High | -17.4% | |
| 50 Days | 200 Days | |
| DMA Price | $71.22 | $61.01 |
| DMA Trend | up | up |
| Distance from DMA | -11.8% | 3.0% |
| 3M | 1YR | |
| Volatility | 21.2% | 29.6% |
| Downside Capture | 68.04 | 70.30 |
| Upside Capture | 28.96 | 77.86 |
| Correlation (SPY) | 19.8% | 53.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.14 | 0.39 | 0.13 | 0.36 | 0.82 | 0.67 |
| Up Beta | 0.25 | 0.26 | -0.09 | 0.83 | 0.82 | 0.74 |
| Down Beta | -0.08 | 0.12 | 0.00 | -0.02 | 0.95 | 0.75 |
| Up Capture | 20% | 104% | 59% | 69% | 81% | 38% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 24 | 37 | 75 | 142 | 401 |
| Down Capture | 39% | 10% | -9% | 2% | 68% | 73% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 17 | 24 | 50 | 109 | 346 |
[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 | 19.2% | 29.5% | 0.60 | - |
| Sector ETF (XLC) | 14.6% | 18.7% | 0.59 | 57.0% |
| Equity (SPY) | 15.5% | 19.4% | 0.62 | 53.4% |
| Gold (GLD) | 78.8% | 24.9% | 2.30 | -1.5% |
| Commodities (DBC) | 9.9% | 16.6% | 0.40 | 18.5% |
| Real Estate (VNQ) | 4.8% | 16.5% | 0.11 | 41.4% |
| Bitcoin (BTCUSD) | -27.0% | 44.8% | -0.57 | 16.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FOXA | |
|---|---|---|---|---|
| FOXA | 17.1% | 27.6% | 0.59 | - |
| Sector ETF (XLC) | 12.1% | 20.8% | 0.49 | 44.3% |
| Equity (SPY) | 14.2% | 17.0% | 0.67 | 42.6% |
| Gold (GLD) | 22.3% | 16.9% | 1.07 | 3.9% |
| Commodities (DBC) | 11.6% | 18.9% | 0.49 | 14.7% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 36.1% |
| Bitcoin (BTCUSD) | 14.7% | 58.0% | 0.47 | 17.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FOXA | |
|---|---|---|---|---|
| FOXA | 10.2% | 30.2% | 0.39 | - |
| Sector ETF (XLC) | 9.6% | 22.5% | 0.52 | 45.2% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 46.8% |
| Gold (GLD) | 15.8% | 15.5% | 0.85 | 1.0% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 19.4% |
| Real Estate (VNQ) | 6.0% | 20.7% | 0.25 | 40.4% |
| Bitcoin (BTCUSD) | 69.0% | 66.8% | 1.08 | 9.8% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 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% |
| 5/8/2024 | 2.6% | 3.1% | 6.3% |
| 2/7/2024 | -6.8% | -6.1% | -8.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 15 | 17 |
| # Negative | 9 | 9 | 7 |
| Median Positive | 4.4% | 5.0% | 8.9% |
| Median Negative | -3.7% | -3.6% | -4.4% |
| Max Positive | 7.7% | 11.6% | 27.5% |
| Max Negative | -7.3% | -7.5% | -24.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 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 |
| 03/31/2022 | 05/10/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ciongoli, Adam G | Chief Legal and Policy Officer | Direct | Sell | 12092025 | 69.55 | 29,897 | 2,079,336 | 2,502,270 | Form |
| 2 | Murdoch, Keith Rupert | K. Rupert Murdoch 2004 Revocable Trust | Sell | 11252025 | 59.26 | 100,000 | 5,926,000 | 65,237,082 | Form | |
| 3 | Tomsic, Steven | Chief Financial Officer | Direct | Sell | 11102025 | 66.54 | 138,397 | 9,208,936 | 12,014,196 | Form |
| 4 | Murdoch, Keith Rupert | Direct | Sell | 11072025 | 65.97 | 168,756 | Form | |||
| 5 | Ryan, Paul D | Direct | Sell | 10312025 | 64.36 | 17,767 | Form |
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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