Tearsheet

Fox Factory (FOXF)


Market Price (12/26/2025): $17.64 | Market Cap: $737.6 Mil
Sector: Consumer Discretionary | Industry: Automotive Parts & Equipment

Fox Factory (FOXF)


Market Price (12/26/2025): $17.64
Market Cap: $737.6 Mil
Sector: Consumer Discretionary
Industry: Automotive Parts & Equipment

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


0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33%
Weak multi-year price returns
2Y Excs Rtn is -121%, 3Y Excs Rtn is -163%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 87%
1 Attractive yield
FCF Yield is 12%
  Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.4%
2 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization. Themes include Luxury Consumer Goods, Outdoor Recreation & Performance Equipment, and Performance Vehicle Components.
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -39%
3   Key risks
FOXF key risks include [1] sharp demand volatility in its bicycle division, Show more.
0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33%
1 Attractive yield
FCF Yield is 12%
2 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization. Themes include Luxury Consumer Goods, Outdoor Recreation & Performance Equipment, and Performance Vehicle Components.
3 Weak multi-year price returns
2Y Excs Rtn is -121%, 3Y Excs Rtn is -163%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 87%
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.4%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -39%
7 Key risks
FOXF key risks include [1] sharp demand volatility in its bicycle division, Show more.

Valuation, Metrics & Events

FOXF Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points explaining the approximate -39% stock movement for Fox Factory (FOXF) from August 31, 2025, to December 26, 2025:

1. Significant Miss on Q3 2025 Earnings and Revenue. Fox Factory reported a net loss of $0.6 million, or $0.02 per diluted share, for the third quarter of fiscal 2025, which significantly missed analyst consensus estimates of $0.54 to $0.56 per diluted share. Net sales of $376.4 million, while a modest 5% year-over-year increase, also fell short of the forecasted $382.59 million.

2. Substantial Downward Revision of Full-Year 2025 Guidance. Following the disappointing third-quarter results, Fox Factory dramatically revised its full fiscal year 2025 guidance on November 6, 2025. The company updated its net sales guidance to a range of $1.445 billion to $1.475 billion, and significantly cut its adjusted earnings per diluted share (EPS) forecast to $0.92 to $1.12, down from previous guidance of $1.60 to $2.60. This indicated a much weaker outlook than previously communicated.

Show more

Stock Movement Drivers

Fundamental Drivers

The -29.7% change in FOXF stock from 9/25/2025 to 12/25/2025 was primarily driven by a -30.5% change in the company's P/S Multiple.
925202512252025Change
Stock Price ($)25.1117.65-29.71%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1441.851459.091.20%
P/S Multiple0.730.51-30.49%
Shares Outstanding (Mil)41.7941.82-0.07%
Cumulative Contribution-29.71%

LTM = Last Twelve Months as of date shown

Market Drivers

9/25/2025 to 12/25/2025
ReturnCorrelation
FOXF-29.7% 
Market (SPY)4.9%18.4%
Sector (XLY)3.8%25.4%

Fundamental Drivers

The -30.0% change in FOXF stock from 6/26/2025 to 12/25/2025 was primarily driven by a -31.9% change in the company's P/S Multiple.
626202512252025Change
Stock Price ($)25.2217.65-30.02%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1415.481459.093.08%
P/S Multiple0.740.51-31.94%
Shares Outstanding (Mil)41.7141.82-0.25%
Cumulative Contribution-30.02%

LTM = Last Twelve Months as of date shown

Market Drivers

6/26/2025 to 12/25/2025
ReturnCorrelation
FOXF-30.0% 
Market (SPY)13.1%23.6%
Sector (XLY)14.2%32.1%

Fundamental Drivers

The -39.5% change in FOXF stock from 12/25/2024 to 12/25/2025 was primarily driven by a -42.9% change in the company's P/S Multiple.
1225202412252025Change
Stock Price ($)29.1717.65-39.49%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1373.581459.096.23%
P/S Multiple0.890.51-42.88%
Shares Outstanding (Mil)41.7041.82-0.28%
Cumulative Contribution-39.49%

LTM = Last Twelve Months as of date shown

Market Drivers

12/25/2024 to 12/25/2025
ReturnCorrelation
FOXF-39.5% 
Market (SPY)15.8%51.1%
Sector (XLY)5.3%55.9%

Fundamental Drivers

The -80.8% change in FOXF stock from 12/26/2022 to 12/25/2025 was primarily driven by a -80.0% change in the company's P/S Multiple.
1226202212252025Change
Stock Price ($)92.0217.65-80.82%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1536.181459.09-5.02%
P/S Multiple2.530.51-80.03%
Shares Outstanding (Mil)42.2841.821.10%
Cumulative Contribution-80.82%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2023 to 12/25/2025
ReturnCorrelation
FOXF-74.2% 
Market (SPY)48.3%43.8%
Sector (XLY)38.1%48.4%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
FOXF Return52%61%-46%-26%-55%-41%-75%
Peers Return�31%-24%30%-13%18%�
S&P 500 Return16%27%-19%24%23%18%115%

Monthly Win Rates [3]
FOXF Win Rate67%67%33%42%42%42% 
Peers Win Rate65%58%42%42%45%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
FOXF Max Drawdown-48%-2%-59%-40%-57%-56% 
Peers Max Drawdown�-3%-37%-15%-28%-29% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: PII, BC, GPC, DORM, HLLY.
[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 12/24/2025 (YTD)

How Low Can It Go

Unique KeyEventFOXFS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-70.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven241.6%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-52.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven110.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven63 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-30.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven44.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven241 days120 days

Compare to OSK, FSS, THO, HOG, WGO

In The Past

Fox Factory's stock fell -70.7% during the 2022 Inflation Shock from a high on 11/15/2021. A -70.7% loss requires a 241.6% gain to breakeven.

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About Fox Factory (FOXF)

Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers mid-end and high-end front fork and rear suspension products for mountain bikes, road bikes, and e-bikes; and powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks. It also provides mountain and road bike wheels, and other performance cycling components, including cranks, chain rings, pedals, bars, stems, and seat posts, as well as sells aftermarket products to dealers and distributors. The company offers powered vehicles under the FOX, BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4x4 Posi-Lok, Ridetech, Tuscany, Outside Van, and SCA brands; and mountain bikes and road bikes under the FOX, Race Face, Easton Cycling, and Marzocchi brands. Fox Factory Holding Corp. was incorporated in 2007 and is headquartered in Duluth, Georgia.

AI Analysis | Feedback

Here are 1-3 brief analogies for Fox Factory (FOXF):

  • Brembo for suspension systems: Similar to how Brembo is synonymous with high-performance braking, Fox Factory specializes in premium, performance-defining suspension for bikes and road/off-road vehicles.
  • The Yeti of high-performance parts for outdoor adventure vehicles: Like Yeti caters to premium outdoor enthusiasts with durable, high-performing gear, Fox Factory provides top-tier mechanical components for adventure sports.
  • Dyson for vehicle and bike suspension technology: Just as Dyson is known for innovative, high-performance engineering in home appliances, Fox Factory applies similar principles to advanced suspension systems for bikes and vehicles.

AI Analysis | Feedback

  • Mountain Bike Suspension Products: High-performance forks, rear shocks, and dropper seat posts designed to enhance control and ride quality for mountain bikes.
  • Powered Vehicle Suspension Products: Advanced shock absorbers and suspension systems engineered for optimal performance and durability in off-road vehicles like UTVs, ATVs, snowmobiles, and dirt bikes.
  • On-Road Vehicle Suspension Products: Specialized aftermarket performance shocks and suspension solutions for trucks, SUVs, and other passenger vehicles to improve handling and ride comfort.

AI Analysis | Feedback

Fox Factory (FOXF) primarily sells its high-performance suspension products and components to other companies, specifically Original Equipment Manufacturers (OEMs), who integrate these products into their complete vehicles. While the company also has significant aftermarket sales to distributors, dealers, and direct to consumers, the OEM channel typically represents the larger portion of its revenue.

The major OEM customers identified by Fox Factory in its public filings include:

  • Bike Manufacturers:
    • Trek Bicycle Corporation (private company)
    • Specialized Bicycle Components (private company)
    • Giant Manufacturing Co. Ltd. (public, traded on Taiwan Stock Exchange: 9921.TW)
  • Powered Vehicle Manufacturers:
    • Polaris Inc. (NYSE: PII)
    • Honda Motor Co., Ltd. (NYSE: HMC)
    • Toyota Motor Corporation (NYSE: TM)
    • Ford Motor Company (NYSE: F)
    • General Motors Company (NYSE: GM)
    • Yamaha Motor Co., Ltd. (OTC: YAMHF; primarily traded on Tokyo Stock Exchange)

AI Analysis | Feedback

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Michael C. Dennison, Director and Chief Executive Officer

Mr. Dennison was named Chief Executive Officer of Fox Factory in June 2019, having joined the company in August 2018 as President, Powered Vehicles Group. He has been a member of FOX's Board of Directors since February 2018. Prior to his tenure at FOX, Mr. Dennison spent nearly two decades at Flex Ltd. (NASDAQ:FLEX), a diversified technology manufacturer, where he held the position of President and Chief Marketing Officer. His roles at Flex Ltd. also included leadership in procurement, global supply chain, and business management for the High-Velocity Solutions group and the Mobile and Consumer Segment. Before Flex Ltd., he served as Regional Director at Arrow Electronics in New York. Mr. Dennison also extends his leadership to Solo Brands as a board member since 2023 and serves as Chairman of the K&N Filters Board since 2024. He has a lifelong passion for racing and automobiles.

Dennis Schemm, Chief Financial Officer and President, After Market Applications Group

Mr. Schemm was appointed Chief Financial Officer of Fox Factory effective June 12, 2023. He brings over 25 years of finance experience, encompassing financial risk management, controllership, global financial planning and analysis, treasury, audit, capital allocation strategies, and mergers and acquisitions. Before joining Fox Factory, Mr. Schemm served as Senior Vice President and Chief Financial Officer at Trex for three years. From 2015 to 2020, he was the Senior Vice President, Chief Financial Officer, and Commercial Lead, Joint Compound Division at Continental Building Products. He holds an MBA in finance and marketing from Carnegie Mellon University and a BS in accounting and computer science from Penn State University.

Christopher J. Tutton, President, Specialty Sports Group

Richard T. Winters, President, Powered Vehicles Group

Toby D. Merchant, Chief Legal Officer, Chief Compliance Officer and Secretary

Mr. Merchant has served as the Chief Legal Officer, Chief Compliance Officer, and Secretary of Fox Factory since 2021. Prior to this, he was the Chief Operating Officer and General Counsel to McKenna & Associates, LLC. He also held positions as a partner at Squire Patton Boggs (US) LLP and an Associate at Dinsmore & Shohl LLP, with extensive experience working with both public and private companies.

AI Analysis | Feedback

The key risks to Fox Factory (FOXF) are primarily centered around macroeconomic pressures, inventory management within its supply chain, and the impact of tariffs.

  1. Economic Downturn and Weak Consumer Spending: Fox Factory's business is significantly impacted by overall economic conditions and consumer discretionary spending. The company has experienced declines in revenue and profit, particularly in its Specialty Sports Group (SSG) which includes bicycle-related products, due to a "bumpy economic and demand environment" and "shifting demand and changing product mix". Sales in its bike-related business were down 30% in Q1 2023, with a projected annual decline of over 20% for the full year, indicating a return to seasonality after a period of pandemic-driven demand. Broader industries served by Fox Factory remain pressured by challenging macroeconomic environments, including higher interest rates that constrain consumer spending. While there have been signs of recovery in some segments, the company remains vulnerable to ongoing economic headwinds.

  2. Inventory Issues and Dependency on OEM Partnerships: Fox Factory faces challenges related to inventory recalibration, particularly within the bicycle industry, which has led to reduced purchases from original equipment manufacturers (OEMs), distributors, and dealers. A significant portion of Fox Factory's revenue relies on these OEM partnerships, making the company susceptible to changes in these relationships and inventory levels within the broader supply chain. While some positive signals indicate that OEM inventory destocking may be nearing its conclusion, the U.S. market, in particular, remains in a state of transition. The company's management has acknowledged that planned inventory levels are high in anticipation of future demand, but managing a complex global supply chain across many countries in sync with model launches and OEM schedules is an ongoing challenge.

  3. Tariffs and Increased Operating Costs: Tariffs pose a notable risk to Fox Factory, contributing to increased operating costs and potentially affecting end-customer demand. Management estimated a gross impact of approximately $50 million from tariffs on a full-year basis in recent years. While the company has identified countermeasures to offset some of these impacts, new and expanded tariffs are expected to continue presenting significant challenges for the industries it serves. The effect of tariffs remains an uncertain factor, and the company's guidance has had to incorporate these cost pressures.

AI Analysis | Feedback

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AI Analysis | Feedback

Fox Factory (symbol: FOXF) primarily designs, engineers, manufactures, and markets performance-defining products such as suspension systems and components, cranks, wheels, and cycling components for various vehicles and applications, including bicycles, snowmobiles, on- and off-road vehicles, trucks, side-by-side vehicles, and motorcycles.

Addressable Markets for Fox Factory's Main Products and Services:

  • Mountain Bike Suspension Products:
    • The global Mountain Bike Suspension Market is estimated at USD 3.13 billion in 2025, with projections to reach USD 6.99 billion by 2034.
    • In 2025, the market size for the United States is projected at USD 1.07326 billion, for Europe at USD 0.79884 billion, and for China at USD 0.87488 billion.
    • The global mountain bike suspension fork market (a subset) is estimated at $850 million in 2025.
    • Asia-Pacific represented approximately 45% of the global mountain bike suspension market share in 2024, while North America accounted for about 20%.
    • The mountain bike suspension upgrades market was valued at $1.2 billion in 2023.
  • Powered Vehicle Suspension Systems (Truck, Automotive, Powersports):
    • The global Truck Suspension System Market was valued at $21.9 billion in 2022 and is projected to reach $32.9 billion by 2032. Other estimates place the global market at approximately USD 9.5 billion in 2024, expected to reach USD 13.25 billion by 2030, and to grow to USD 42.7 billion by 2035.
    • The global Heavy-Duty Truck Suspension System market was estimated at US$12.5 billion in 2024 and is projected to reach US$14.2 billion by 2030. The U.S. market for heavy-duty truck suspension systems was valued at $3.4 billion in 2024.
    • The broader global Automotive Suspension System Market, which includes various vehicle types, exceeded USD 46.6 billion in 2024 and is anticipated to grow at a CAGR of approximately 6.7% from 2025 to 2034. Other sources estimate the global market at USD 47.25 billion in 2024, projected to grow to USD 107.12 billion by 2035, and at USD 142.92 billion in 2025, forecast to reach USD 192.50 billion by 2030.
    • Asia-Pacific held the largest share of the automotive suspension system market in 2023 and accounted for 48.96% of the market share in 2024. China's automotive suspension system market accounted for 35% of the revenue share in 2024. North America holds a 19.53% share of the Automotive Suspension Market in 2025.
  • Powered Vehicle Wheels and Accessories (Aftermarket Applications):
    • The global automotive wheel market was valued at USD 168.45 billion in 2025 and is projected to reach USD 232.46 billion by 2030. Another estimate places the global market at USD 51.8 billion in 2025, forecasted to reach around USD 89.99 billion by 2034.
    • The global automotive wheel rims market (a subset) was valued at USD 43.99 billion in 2024 and is projected to grow from USD 47.73 billion in 2025 to USD 91.53 billion by 2032. Asia Pacific dominated this market with a 41.59% share in 2023.
    • The global car accessories market was valued at USD 526.34 billion in 2024 and is projected to reach USD 807.77 billion by 2031. Other estimations indicate the market stood at USD 265.27 billion in 2025, forecast to reach USD 350.83 billion by 2030, and was valued at USD 513.8 billion in 2023, projected to reach USD 1006.7 billion by 2033.
    • Asia-Pacific leads the car accessories market with a 64.43% revenue share in 2024. In 2022, the Asia Pacific car accessories market size held over USD 113.1 billion.
    • The recreational vehicle aftermarket is expected to reach $24.3 billion by 2026.
    • The powersports performance parts market has an estimated annual value of $6.7 billion.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Fox Factory (FOXF) over the next 2-3 years:

  1. New Product Launches and Innovation: Fox Factory consistently emphasizes investment in research and development and the introduction of new products. Recent examples include the advanced Live Valve Suspension and new bike platforms. The company is also expanding its bat portfolio into adjacent categories like softball, setting a foundation for future revenue.
  2. Expansion in Aftermarket Applications Group (AAG) and Powered Vehicles Group (PVG): Both the Aftermarket Applications Group (AAG) and the Powered Vehicles Group (PVG) have demonstrated strong performance. AAG has seen increased demand for aftermarket components and upfitting, while PVG has shown robust growth in the automotive original equipment business. The company expects continued growth in these segments.
  3. Market Expansion and Customer Base Growth: Fox Factory aims to grow by expanding its market reach, including entering new price points within forks and suspension to effectively double its total addressable market (TAM). They are also focusing on emerging segments such as e-MTB and Gravel, and expanding their OEM customer base.
  4. Strategic Operational Improvements and Cost Management: The company is undertaking strategic initiatives like footprint consolidation and portfolio optimization to enhance margins and drive sustainable growth. These efforts include significant cost reduction programs, which are expected to support long-term revenue expansion and profitability.

AI Analysis | Feedback

Share Repurchases

  • In November 2023, Fox Factory Holding Corp. authorized a share repurchase program for up to $300 million of its common stock, representing 8% of its outstanding share capital.
  • The purpose of the November 2023 program is to manage dilution from future employee equity grants and allow for opportunistic share repurchases, with the program set to expire on November 1, 2028.
  • During the three months ended March 29, 2024, the company repurchased approximately 378 shares for $25,000.

Share Issuance

  • In June 2020, Fox Factory announced an underwritten public offering of 2,000,000 shares of its common stock, with an option for the underwriters to purchase up to an additional 300,000 shares.
  • Net proceeds from the June 2020 offering were intended for general corporate purposes.

Outbound Investments

  • In November 2023, Fox Factory acquired Marucci Sports for $572 million.
  • The acquisition of Marucci Sports is expected to enhance the parent company's financial performance and provides access to composite manufacturing technology and supplier base.
  • In February 2020, Fox Factory acquired SCA Performance Holdings, Inc. for $328 million, exclusive of vehicle inventory, along with an additional $13 million in contingent performance-based retention incentives.

Capital Expenditures

  • For the latest twelve months ending July 4, 2025, Fox Factory's capital expenditures were $42.264 million.
  • The company's capital expenditures averaged $49.237 million from fiscal years ending January 2021 to 2025.
  • The CEO reiterated plans to maintain capital expenditures within $45-$50 million for 2025 to support operational efficiency.

Better Bets than Fox Factory (FOXF)

Trade Ideas

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

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE11302025BBWIBath & Body WorksDip BuyDB | Insider Buys | Low D/EDip Buy with Strong Insider Buying
Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
13.3%13.3%0.0%
HRB_11262025_Dip_Buyer_FCFYield11262025HRBH&R BlockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.3%5.3%-0.1%
LRN_11262025_Dip_Buyer_FCFYield11262025LRNStrideDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-4.4%
ABNB_11212025_Dip_Buyer_FCFYield11212025ABNBAirbnbDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
19.7%19.7%0.0%
MTN_11212025_Dip_Buyer_FCFYield11212025MTNVail ResortsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.8%1.8%-1.6%
FOXF_11302023_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11302023FOXFFox FactoryDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
-26.7%-48.0%-49.2%
FOXF_5312023_Dip_Buyer_FCFYield05312023FOXFFox FactoryDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-30.2%-48.4%-56.3%

Recent Active Movers

More From Trefis

Peer Comparisons for Fox Factory

Peers to compare with:

Financials

FOXFPIIBCGPCDORMHLLYMedian
NameFox Fact.Polaris BrunswickGenuine .Dorman P.Holley  
Mkt Price17.6566.2875.98125.49125.834.1971.13
Mkt Cap0.73.85.017.53.80.53.8
Rev LTM1,4596,9865,18424,0612,1265983,655
Op Inc LTM571322931,41535586212
FCF LTM8558158913410515119
FCF 3Y Avg11939440263113245263
CFO LTM12476973666614344405
CFO 3Y Avg1617176231,14017558399

Growth & Margins

FOXFPIIBCGPCDORMHLLYMedian
NameFox Fact.Polaris BrunswickGenuine .Dorman P.Holley  
Rev Chg LTM6.2%-9.4%-4.8%3.3%7.9%-3.2%0.0%
Rev Chg 3Y Avg-1.4%-4.5%-7.7%4.1%9.5%-5.7%-3.0%
Rev Chg Q4.8%6.9%6.8%4.9%7.9%3.2%5.8%
QoQ Delta Rev Chg LTM1.2%1.7%1.7%1.2%1.9%0.7%1.5%
Op Mgn LTM3.9%1.9%5.6%5.9%16.7%14.4%5.8%
Op Mgn 3Y Avg7.1%5.2%9.4%6.7%13.3%12.0%8.3%
QoQ Delta Op Mgn LTM-0.3%-0.1%-0.5%0.1%0.9%0.4%0.0%
CFO/Rev LTM8.5%11.0%14.2%2.8%6.7%7.4%8.0%
CFO/Rev 3Y Avg10.9%9.2%10.9%4.9%8.7%9.3%9.2%
FCF/Rev LTM5.9%8.3%11.4%0.6%5.0%2.5%5.4%
FCF/Rev 3Y Avg8.0%5.2%7.1%2.7%6.6%7.1%6.9%

Valuation

FOXFPIIBCGPCDORMHLLYMedian
NameFox Fact.Polaris BrunswickGenuine .Dorman P.Holley  
Mkt Cap0.73.85.017.53.80.53.8
P/S0.50.51.00.71.80.80.8
P/EBIT-3.6-130.5-38.414.610.716.63.5
P/E-2.9-24.9-20.921.615.6-20.1-11.5
P/CFO5.94.96.826.226.811.39.1
Total Yield-34.9%-0.0%-2.5%7.9%6.4%-5.0%-1.3%
Dividend Yield0.0%4.0%2.2%3.2%0.0%0.0%1.1%
FCF Yield 3Y Avg5.6%9.6%8.4%3.2%4.0%10.7%7.0%
D/E1.00.50.50.40.11.10.5
Net D/E0.90.40.40.30.11.00.4

Returns

FOXFPIIBCGPCDORMHLLYMedian
NameFox Fact.Polaris BrunswickGenuine .Dorman P.Holley  
1M Rtn20.5%-0.9%13.6%-1.8%-7.1%2.7%0.9%
3M Rtn-29.7%17.4%23.9%-7.2%-17.3%30.9%5.1%
6M Rtn-30.0%68.9%38.7%7.0%1.9%108.5%22.9%
12M Rtn-39.5%22.5%18.4%10.4%-5.0%47.5%14.4%
3Y Rtn-80.8%-26.4%13.9%-22.5%54.8%105.4%-4.3%
1M Excs Rtn21.8%-1.6%13.5%-3.4%-7.8%1.9%0.1%
3M Excs Rtn-34.7%12.4%18.9%-12.1%-22.2%26.0%0.2%
6M Excs Rtn-42.9%56.0%25.9%-5.9%-11.0%95.6%10.0%
12M Excs Rtn-57.8%4.1%0.2%-5.0%-21.1%34.9%-2.4%
3Y Excs Rtn-162.8%-107.8%-65.8%-103.8%-25.8%13.3%-84.8%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Aftermarket Applications Group551489   
Powered Vehicles Group524432720524451
Specialty Sports Group389681579367300
Total1,4641,6021,299891751


Price Behavior

Price Behavior
Market Price$17.65 
Market Cap ($ Bil)0.7 
First Trading Date08/08/2013 
Distance from 52W High-42.0% 
   50 Days200 Days
DMA Price$18.23$23.76
DMA Trenddowndown
Distance from DMA-3.2%-25.7%
 3M1YR
Volatility69.2%59.5%
Downside Capture45.66134.88
Upside Capture-128.8665.17
Correlation (SPY)18.2%50.9%
FOXF Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta1.151.151.181.481.531.49
Up Beta6.034.664.473.212.121.89
Down Beta3.002.371.732.111.441.40
Up Capture-338%-185%-148%-24%38%43%
Bmk +ve Days12253873141426
Stock +ve Days9202758119366
Down Capture150%108%153%151%124%110%
Bmk -ve Days7162452107323
Stock -ve Days10213565127382

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of FOXF With Other Asset Classes (Last 1Y)
 FOXFSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-40.5%8.3%19.2%71.9%8.9%6.0%-10.1%
Annualized Volatility59.2%24.3%19.5%19.3%15.3%17.1%35.0%
Sharpe Ratio-0.650.270.782.690.360.18-0.12
Correlation With Other Assets 55.5%50.8%-4.8%17.9%46.1%20.1%

ETFs used for asset classes: Sector ETF = XLY, 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 FOXF With Other Asset Classes (Last 5Y)
 FOXFSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-29.3%9.8%14.9%18.7%11.7%4.8%32.7%
Annualized Volatility50.3%23.8%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio-0.490.370.700.970.510.170.60
Correlation With Other Assets 52.3%50.6%6.7%13.3%44.0%23.0%

ETFs used for asset classes: Sector ETF = XLY, 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 FOXF With Other Asset Classes (Last 10Y)
 FOXFSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-0.5%13.1%14.7%14.9%6.9%5.2%69.3%
Annualized Volatility48.1%22.0%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.180.550.700.830.310.220.90
Correlation With Other Assets 52.9%51.0%3.0%17.5%40.5%17.1%

ETFs used for asset classes: Sector ETF = XLY, 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 Quantity1,809,266
Short Interest: % Change Since 11302025-5.6%
Average Daily Volume1,061,441
Days-to-Cover Short Interest1.70
Basic Shares Quantity41,816,000
Short % of Basic Shares4.3%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/6/2025-25.5%-35.7%-25.4%
8/7/2025-6.7%-1.4%-1.7%
5/8/202511.4%20.7%27.8%
2/27/20258.8%5.1%-4.8%
10/31/2024-5.5%-1.5%-8.5%
8/1/2024-16.3%-18.6%-18.3%
5/2/202410.4%20.4%20.5%
2/22/2024-26.8%-22.1%-24.7%
...
SUMMARY STATS   
# Positive1197
# Negative111315
Median Positive8.9%12.4%15.4%
Median Negative-8.5%-6.0%-8.5%
Max Positive12.2%21.4%34.9%
Max Negative-27.2%-35.7%-38.2%

SEC Filings

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Report DateFiling DateFiling
93020251107202510-Q 10/3/2025
6302025808202510-Q 7/4/2025
3312025509202510-Q 4/4/2025
12312024228202510-K 1/3/2025
93020241101202410-Q 9/27/2024
6302024802202410-Q 6/28/2024
3312024503202410-Q 3/29/2024
12312023223202410-K 12/29/2023
93020231103202310-Q 9/29/2023
6302023804202310-Q 6/30/2023
3312023504202310-Q 3/31/2023
12312022223202310-K 12/30/2022
93020221103202210-Q 9/30/2022
6302022804202210-Q 7/1/2022
3312022505202210-Q 4/1/2022
12312021224202210-K 12/31/2021