Tearsheet

Fox (FOXA)


Market Price (12/30/2025): $74.21 | Market Cap: $33.2 Bil
Sector: Communication Services | Industry: Broadcasting

Fox (FOXA)


Market Price (12/30/2025): $74.21
Market Cap: $33.2 Bil
Sector: Communication Services
Industry: Broadcasting

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 8.1%
Trading close to highs
Dist 52W High is -0.6%, Dist 3Y High is -0.6%
Key risks
FOXA key risks include [1] heightened legal and regulatory exposure tied to the political nature of its content and potential claims related to workplace conduct.
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%, CFO LTM is 3.0 Bil, FCF LTM is 2.7 Bil
  
2 Low stock price volatility
Vol 12M is 29%
  
3 Megatrend and thematic drivers
Megatrends include Digital Content & Streaming, Digital Advertising, and Markets & Betting. Themes include Video Streaming, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 8.1%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%, CFO LTM is 3.0 Bil, FCF LTM is 2.7 Bil
2 Low stock price volatility
Vol 12M is 29%
3 Megatrend and thematic drivers
Megatrends include Digital Content & Streaming, Digital Advertising, and Markets & Betting. Themes include Video Streaming, Show more.
4 Trading close to highs
Dist 52W High is -0.6%, Dist 3Y High is -0.6%
5 Key risks
FOXA key risks include [1] heightened legal and regulatory exposure tied to the political nature of its content and potential claims related to workplace conduct.

Valuation, Metrics & Events

FOXA Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points for the movement of Fox (FOXA) stock by approximately 23.7% from August 31, 2025, to December 30, 2025:

1. Strong Fiscal Q4 2025 Earnings and Shareholder Returns: Fox Corporation reported robust financial results for the fourth quarter of fiscal 2025, which ended on June 30, 2025, with these results being released on August 5, 2025. The company announced total quarterly revenues of $3.29 billion, marking a 6% increase from the prior year, and a net income of $719 million. This positive performance was further bolstered by the announcement of a $5 billion increase to its share repurchase authorization and a rise in its semi-annual dividend to $0.28 per share, signaling confidence in future growth and returning value to shareholders.

2. Exceeding Q1 Fiscal 2026 Earnings Expectations: On October 30, 2025, FOXA announced its first-quarter fiscal 2026 earnings, which significantly surpassed analyst expectations. The company reported earnings per share of $1.51, considerably higher than the consensus estimate of $1.10, and revenues of $3.74 billion, exceeding the expected $3.57 billion. This strong earnings beat likely contributed to a notable positive shift in the stock price, including a 7.73% increase on October 30 alone.

Show more

Stock Movement Drivers

Fundamental Drivers

The 17.4% change in FOXA stock from 9/29/2025 to 12/29/2025 was primarily driven by a 30.0% change in the company's P/E Multiple.
929202512292025Change
Stock Price ($)62.8873.8217.40%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)16300.0016474.001.07%
Net Income Margin (%)13.88%12.35%-11.02%
P/E Multiple12.4816.2229.97%
Shares Outstanding (Mil)449.00447.000.45%
Cumulative Contribution17.40%

LTM = Last Twelve Months as of date shown

Market Drivers

9/29/2025 to 12/29/2025
ReturnCorrelation
FOXA17.4% 
Market (SPY)3.6%9.0%
Sector (XLC)-0.6%14.2%

Fundamental Drivers

The 32.3% change in FOXA stock from 6/30/2025 to 12/29/2025 was primarily driven by a 19.7% change in the company's P/E Multiple.
630202512292025Change
Stock Price ($)55.7873.8232.33%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)16105.0016474.002.29%
Net Income Margin (%)11.58%12.35%6.67%
P/E Multiple13.5516.2219.67%
Shares Outstanding (Mil)453.00447.001.32%
Cumulative Contribution32.31%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 12/29/2025
ReturnCorrelation
FOXA32.3% 
Market (SPY)11.6%18.8%
Sector (XLC)9.0%25.9%

Fundamental Drivers

The 50.6% change in FOXA stock from 12/29/2024 to 12/29/2025 was primarily driven by a 37.9% change in the company's P/E Multiple.
1229202412292025Change
Stock Price ($)49.0173.8250.63%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)14337.0016474.0014.91%
Net Income Margin (%)13.40%12.35%-7.81%
P/E Multiple11.7616.2237.88%
Shares Outstanding (Mil)461.00447.003.04%
Cumulative Contribution50.49%

LTM = Last Twelve Months as of date shown

Market Drivers

12/29/2024 to 12/29/2025
ReturnCorrelation
FOXA50.6% 
Market (SPY)16.6%53.2%
Sector (XLC)21.2%57.3%

Fundamental Drivers

The 153.0% change in FOXA stock from 12/30/2022 to 12/29/2025 was primarily driven by a 57.3% change in the company's Net Income Margin (%).
1230202212292025Change
Stock Price ($)29.1873.82152.99%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)14121.0016474.0016.66%
Net Income Margin (%)7.85%12.35%57.29%
P/E Multiple14.4716.2212.05%
Shares Outstanding (Mil)550.00447.0018.73%
Cumulative Contribution144.12%

LTM = Last Twelve Months as of date shown

Market Drivers

12/30/2023 to 12/29/2025
ReturnCorrelation
FOXA155.1% 
Market (SPY)47.9%42.1%
Sector (XLC)65.5%43.3%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
FOXA Return-20%28%-17%-1%66%54%117%
Peers Return16%38%-12%21%26%16%151%
S&P 500 Return16%27%-19%24%23%17%114%

Monthly Win Rates [3]
FOXA Win Rate58%58%42%33%67%75% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
FOXA Max Drawdown-45%-1%-23%-3%-3%-2% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. 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] 2025 data is for the year up to 12/29/2025 (YTD)

How Low Can It Go

Unique KeyEventFOXAS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-36.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven56.2%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven741 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-48.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven94.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven347 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-42.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven73.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven1,946 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-79.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven380.6%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,277 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

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)

Fox Corporation operates as a news, sports, and entertainment company in the United States. The company operates through three segments: Cable Network Programming; Television; and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online multi-channel video programming distributors. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Sports Racing, a video programming service that comprises motor sports programming; and FOX Soccer Plus, a video programming network for live soccer and rugby competitions; FOX Deportes, a Spanish-language sports programming service; and Big Ten Network, a national video programming service. The Television segment acquires, produces, markets, and distributes broadcast network programming. It operates The FOX Network, a national television broadcast network that broadcasts sports programming and entertainment; MyNetworkTV, a programming distribution service; Fox Alternative Entertainment, a full-service production studio that develops and produces unscripted and alternative programming; Bento Box, which develops and produces animated programing; and Tubi, a free advertising-supported video-on-demand service. This segment owns and operates 29 broadcast television stations. The Other, Corporate and Eliminations segment owns the FOX Studios lot that provides production and post-production services, including 15 sound stages, 2 broadcast studios, theaters and screening rooms, editing bays, and television and film production facilities in Los Angeles, California. The company was incorporated in 2018 and is based in New York, New York.

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:
  1. 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.

  2. 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.

  3. 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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.

Better Bets than Fox (FOXA)

Trade Ideas

Select ideas related to FOXA. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PINS_11302025_Monopoly_xInd_xCD_Getting_Cheaper11302025PINSPinterestMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.1%0.1%-1.4%
TMUS_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025TMUST-Mobile USMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-3.6%-3.6%-6.4%
Z_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ZZillowMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-1.9%-1.9%-5.1%
IRDM_11072025_Dip_Buyer_High_CFO_Margins_ExInd_DE11072025IRDMIridium CommunicationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
3.4%3.4%-5.6%
TTD_10032025_Dip_Buyer_High_CFO_Margins_ExInd_DE10032025TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-25.7%-25.7%-29.8%

Recent Active Movers

More From Trefis

Peer Comparisons for Fox

Peers to compare with:

Financials

FOXAHPQHPEIBMCSCOAAPLMedian
NameFox HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price73.8222.7324.33305.7477.79273.7675.81
Mkt Cap33.021.432.4285.5307.74,079.8159.3
Rev LTM16,47455,29534,29665,40257,696408,62556,496
Op Inc LTM3,2433,6241,64411,54412,991130,2147,584
FCF LTM2,6652,80062711,85412,73396,1847,327
FCF 3Y Avg1,8342,9781,40011,75313,879100,5037,366
CFO LTM3,0363,6972,91913,48313,744108,5658,590
CFO 3Y Avg2,1883,6723,89613,49814,736111,5598,697

Growth & Margins

FOXAHPQHPEIBMCSCOAAPLMedian
NameFox HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM14.9%3.2%13.8%4.5%8.9%6.0%7.4%
Rev Chg 3Y Avg5.6%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q4.9%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM1.1%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM19.7%6.6%4.8%17.7%22.5%31.9%18.7%
Op Mgn 3Y Avg18.4%7.4%7.2%16.4%24.2%30.8%17.4%
QoQ Delta Op Mgn LTM-0.1%-0.2%-1.4%0.6%0.4%0.1%-0.0%
CFO/Rev LTM18.4%6.7%8.5%20.6%23.8%26.6%19.5%
CFO/Rev 3Y Avg14.2%6.8%12.7%21.4%26.1%28.4%17.8%
FCF/Rev LTM16.2%5.1%1.8%18.1%22.1%23.5%17.2%
FCF/Rev 3Y Avg11.9%5.5%4.6%18.6%24.6%25.6%15.3%

Valuation

FOXAHPQHPEIBMCSCOAAPLMedian
NameFox HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap33.021.432.4285.5307.74,079.8159.3
P/S2.00.40.94.45.310.03.2
P/EBIT10.56.619.725.122.431.321.1
P/E16.28.4569.036.129.841.133.0
P/CFO10.95.811.121.222.437.616.1
Total Yield7.0%14.4%2.3%5.0%5.5%2.8%5.2%
Dividend Yield0.9%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg8.5%10.6%5.5%6.4%6.0%3.1%6.2%
D/E0.20.50.70.20.10.00.2
Net D/E0.10.30.60.20.00.00.1

Returns

FOXAHPQHPEIBMCSCOAAPLMedian
NameFox HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn12.7%-5.8%11.9%-0.9%1.1%-1.8%0.1%
3M Rtn17.4%-14.5%1.4%9.9%15.6%7.7%8.8%
6M Rtn32.3%-5.0%20.3%5.0%13.5%33.7%16.9%
12M Rtn50.6%-28.7%15.4%40.8%33.9%7.6%24.6%
3Y Rtn153.0%-5.3%65.8%142.1%78.3%113.9%96.1%
1M Excs Rtn12.1%-5.5%12.3%-0.5%0.9%-2.7%0.2%
3M Excs Rtn13.7%-18.1%-2.3%6.2%11.9%4.0%5.1%
6M Excs Rtn21.0%-16.3%9.0%-6.3%2.2%22.4%5.6%
12M Excs Rtn34.7%-43.3%-0.2%25.4%19.0%-7.8%9.4%
3Y Excs Rtn75.3%-82.8%-10.4%61.9%0.1%27.1%13.6%

Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Corporate and Other10,090    
Television7,9617,8037,9157,3057,054
Cable Network Programming2,7922,6582,6822,5772,591
Investments1,1291,034578899618
Other, Corporate and Eliminations 10,37111,01012,14511,487
Total21,97221,86622,18522,92621,750


Price Behavior

Price Behavior
Market Price$73.82 
Market Cap ($ Bil)33.0 
First Trading Date03/11/1996 
Distance from 52W High-0.6% 
   50 Days200 Days
DMA Price$66.38$58.13
DMA Trendupup
Distance from DMA11.2%27.0%
 3M1YR
Volatility24.3%29.3%
Downside Capture-36.2753.78
Upside Capture48.3286.00
Correlation (SPY)9.6%53.5%
FOXA Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta-0.100.110.200.530.770.70
Up Beta0.060.891.071.010.810.75
Down Beta-0.120.240.07-0.020.910.78
Up Capture-19%0%26%68%67%42%
Bmk +ve Days12253873141426
Stock +ve Days11223671134397
Down Capture-11%-25%-19%50%61%80%
Bmk -ve Days7162452107323
Stock -ve Days8192654113347

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of FOXA With Other Asset Classes (Last 1Y)
 FOXASector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return50.7%21.1%16.7%65.4%7.5%4.2%-7.3%
Annualized Volatility29.1%18.5%19.4%19.8%15.3%17.0%34.9%
Sharpe Ratio1.400.890.672.430.270.08-0.06
Correlation With Other Assets 57.6%53.5%4.0%19.1%42.6%11.5%

ETFs used for asset classes: Sector ETF = XLC, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of FOXA With Other Asset Classes (Last 5Y)
 FOXASector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return22.8%13.0%14.8%17.7%11.2%5.1%30.2%
Annualized Volatility28.7%20.9%17.1%15.6%18.7%18.9%48.6%
Sharpe Ratio0.740.530.700.910.480.180.57
Correlation With Other Assets 42.5%40.8%5.7%15.2%35.6%15.6%

ETFs used for asset classes: Sector ETF = XLC, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of FOXA With Other Asset Classes (Last 10Y)
 FOXASector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return12.0%13.2%15.0%14.6%6.9%5.4%69.0%
Annualized Volatility30.3%22.6%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.440.540.720.820.310.230.89
Correlation With Other Assets 45.3%47.4%1.4%20.0%41.0%9.5%

ETFs used for asset classes: Sector ETF = XLC, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity22,674,623
Short Interest: % Change Since 113020258.1%
Average Daily Volume3,723,598
Days-to-Cover Short Interest6.09
Basic Shares Quantity447,000,000
Short % of Basic Shares5.1%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/30/20257.7%6.5%9.2%
8/5/2025-3.7%-4.4%5.9%
5/12/20254.3%11.6%8.9%
2/4/20255.2%2.5%9.0%
11/4/20242.7%6.5%10.8%
8/6/20246.7%6.8%14.0%
5/8/20242.6%3.1%6.3%
2/7/2024-6.8%-6.1%-8.5%
...
SUMMARY STATS   
# Positive161618
# Negative997
Median Positive4.8%4.7%8.1%
Median Negative-3.7%-3.6%-4.4%
Max Positive7.7%11.6%27.5%
Max Negative-7.3%-7.5%-24.9%

SEC Filings

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Report DateFiling DateFiling
09/30/202510/30/202510-Q (09/30/2025)
06/30/202508/06/202510-K (06/30/2025)
03/31/202505/12/202510-Q (03/31/2025)
12/31/202402/04/202510-Q (12/31/2024)
09/30/202411/04/202410-Q (09/30/2024)
06/30/202408/08/202410-K (06/30/2024)
03/31/202405/08/202410-Q (03/31/2024)
12/31/202302/07/202410-Q (12/31/2023)
09/30/202311/02/202310-Q (09/30/2023)
06/30/202308/11/202310-K (06/30/2023)
03/31/202305/09/202310-Q (03/31/2023)
12/31/202202/08/202310-Q (12/31/2022)
09/30/202211/01/202210-Q (09/30/2022)
06/30/202208/12/202210-K (06/30/2022)
03/31/202205/10/202210-Q (03/31/2022)
12/31/202102/09/202210-Q (12/31/2021)