FOX (FOX) Financials

$58.60 -0.87 (-1.46%)

Closing price 04:00 PM Eastern

Extended Trading

$58.58 -0.02 (-0.03%)

As of 07:25 PM Eastern

Annual Income Statements for FOX

This table shows FOX's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	1,372	2,187	1,595	999	2,150	1,205	1,239	1,501	2,263
Consolidated Net Income / (Loss)	1,409	2,228	1,643	1,062	2,201	1,233	1,253	1,554	2,293
Net Income / (Loss) Continuing Operations	1,409	2,228	1,643	1,062	2,201	1,233	1,253	1,554	2,293
Total Pre-Tax Income	2,241	2,170	2,224	1,464	2,918	1,694	1,736	2,104	3,061
Total Operating Income	2,395	2,252	2,405	2,046	2,730	2,417	1,582	2,411	2,879
Total Gross Profit	9,921	10,153	11,389	12,303	12,909	13,974	14,913	13,980	16,300
Total Revenue	9,921	10,153	11,389	12,303	12,909	13,974	14,913	13,980	16,300
Operating Revenue	9,921	10,153	11,389	12,303	12,909	13,974	14,913	13,980	16,300
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	7,526	7,901	8,984	10,257	10,179	11,557	13,331	11,569	13,421
Selling, General & Admin Expense	7,192	7,714	8,746	9,548	9,844	11,037	11,738	11,113	12,686
Depreciation Expense	169	171	212	258	300	363	411	389	385
Other Operating Expenses / (Income)	-	-	-	-	-	157	1,182	67	350
Total Other Income / (Expense), net	-154	-82	-181	-582	188	-723	154	-307	182
Interest & Investment Income	0.00	0.00	41	-	-	-367	-214	-260	-256
Other Income / (Expense), net	-131	-39	-19	-248	579	-356	368	-47	438
Income Tax Expense	832	-58	581	402	717	461	483	550	768
Net Income / (Loss) Attributable to Noncontrolling Interest	37	41	48	63	51	28	14	53	30
Basic Earnings per Share	$2.21	$3.52	$2.57	$1.63	$3.64	$2.13	$2.34	$3.14	$4.97
Weighted Average Basic Shares Outstanding	-	621.30M	620.60M	604.76M	574.79M	549.12M	489.26M	460.23M	445.54M
Diluted Earnings per Share	$2.21	$3.52	$2.57	$1.62	$3.61	$2.11	$2.33	$3.13	$4.91
Weighted Average Diluted Shares Outstanding	-	621.30M	620.60M	604.76M	574.79M	549.12M	489.26M	460.23M	445.54M
Weighted Average Basic & Diluted Shares Outstanding	-	621.30M	620.60M	604.76M	574.79M	549.12M	489.26M	460.23M	445.54M

This table shows FOX's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	407	109	666	319	827	373	346	717	599	229	166
Consolidated Net Income / (Loss)	415	115	704	320	832	388	354	719	609	247	175
Net Income / (Loss) Continuing Operations	415	115	704	320	832	388	354	719	609	247	175
Total Pre-Tax Income	561	131	961	451	1,113	515	474	959	799	322	236
Total Operating Income	778	231	774	619	927	510	705	737	975	578	821
Total Gross Profit	3,207	4,234	3,447	3,092	3,564	5,078	4,371	3,287	3,738	5,182	3,994
Total Revenue	3,207	4,234	3,447	3,092	3,564	5,078	4,371	3,287	3,738	5,182	3,994
Operating Revenue	3,207	4,234	3,447	3,092	3,564	5,078	4,371	3,287	3,738	5,182	3,994
Total Cost of Revenue	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Total Operating Expenses	2,429	4,003	2,673	2,473	2,637	4,568	3,666	2,550	2,763	4,604	3,173
Selling, General & Admin Expense	2,342	3,888	2,560	2,323	2,520	4,301	3,516	2,349	2,673	4,490	3,040
Depreciation Expense	96	97	98	98	91	97	95	102	98	100	101
Other Operating Expenses / (Income)	-9.00	18	15	-	26	170	55	99	-8.00	14	32
Total Other Income / (Expense), net	-217	-100	187	-168	186	5.00	-231	222	-176	-256	-585
Interest & Investment Income	-41	-71	-57	-	-47	-76	-73	-60	-51	-95	-86
Other Income / (Expense), net	-176	-29	244	-77	233	81	-158	282	-125	-161	-499
Income Tax Expense	146	16	257	131	281	127	120	240	190	75	61
Net Income / (Loss) Attributable to Noncontrolling Interest	8.00	6.00	38	1.00	5.00	15	8.00	2.00	10	18	9.00
Basic Earnings per Share	$0.83	$0.23	$1.41	$0.67	$1.79	$0.82	$0.76	$1.60	$1.34	$0.53	$0.39
Weighted Average Basic Shares Outstanding	492M	481M	474M	460.23M	461M	457M	453M	445.54M	447M	433M	424M
Diluted Earnings per Share	$0.82	$0.23	$1.40	$0.68	$1.78	$0.81	$0.75	$1.57	$1.32	$0.52	$0.38
Weighted Average Diluted Shares Outstanding	494M	482M	475M	460.23M	464M	462M	461M	445.54M	455M	441M	432M
Weighted Average Basic & Diluted Shares Outstanding	482.81M	474.88M	466.73M	460.23M	456.74M	453.43M	449.62M	445.54M	443.94M	425.40M	420.19M

This table details how cash moves in and out of FOX's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Change in Cash & Equivalents	-18	2,481	734	1,411	1,241	-686	-928	47	1,032
Net Cash From Operating Activities	1,655	1,317	2,524	2,365	2,639	1,884	1,800	1,840	3,324
Net Cash From Continuing Operating Activities	1,655	1,317	2,524	2,365	2,639	1,888	1,800	1,840	3,324
Net Income / (Loss) Continuing Operations	1,409	2,228	1,643	1,062	2,201	1,233	1,253	1,554	2,293
Consolidated Net Income / (Loss)	1,409	2,228	1,643	1,062	2,201	1,233	1,253	1,554	2,293
Depreciation Expense	169	171	212	258	300	363	411	389	385
Amortization Expense	57	53	38	24	22	18	16	16	10
Non-Cash Adjustments To Reconcile Net Income	296	55	81	699	372	314	214	-55	527
Changes in Operating Assets and Liabilities, net	-276	-1,190	550	322	-256	-40	-94	-64	109
Net Cash From Investing Activities	-242	128	-637	-1,100	-528	-513	-438	-452	-537
Net Cash From Continuing Investing Activities	-242	128	-637	-1,100	-528	-513	-438	-452	-537
Purchase of Property, Plant & Equipment	-191	-215	-235	-359	-484	-307	-357	-345	-331
Acquisitions	-	0.00	0.00	-1,061	-51	-243	0.00	0.00	-97
Purchase of Investments	-13	0.00	-338	-103	-86	-28	-54	-103	-79
Other Investing Activities, net	-38	-11	-64	14	0.00	-18	-27	-4.00	-30
Net Cash From Financing Activities	-1,431	1,036	-1,153	146	-870	-2,057	-2,290	-1,341	-1,755
Net Cash From Continuing Financing Activities	-1,431	1,036	-1,153	146	-870	-2,057	-2,290	-1,341	-1,755
Repayment of Debt	-1.00	-36	-	-15	-46	-775	-26	-1,292	-478
Repurchase of Common Equity	-	0.00	0.00	-600	-1,001	-1,000	-2,000	-1,000	-1,000
Payment of Dividends	-35	-41	-188	-335	-397	-307	-299	-281	-277
Issuance of Debt	0.00	0.00	6,768	1,191	-	0.00	0.00	1,232	0.00
Other Financing Activities, net	-1,395	1,113	-7,733	-95	574	25	35	0.00	0.00

This table details how cash moves in and out of FOX's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-443	293	-331	528	-267	-730	1,493	536	-983	-2,351	1,584
Net Cash From Operating Activities	1.00	-536	1,476	899	158	-362	2,015	1,513	-130	-669	1,902
Net Cash From Continuing Operating Activities	1.00	-536	1,476	899	158	-362	2,015	1,513	-130	-669	1,902
Net Income / (Loss) Continuing Operations	415	115	704	320	832	388	354	719	609	247	175
Consolidated Net Income / (Loss)	415	115	704	320	832	388	354	719	609	247	175
Depreciation Expense	96	97	98	98	91	97	95	102	98	100	101
Non-Cash Adjustments To Reconcile Net Income	-63	-82	-45	111	-505	4.00	1,131	-129	-371	-222	1,099
Changes in Operating Assets and Liabilities, net	-451	-670	715	366	-260	-855	434	820	-466	-794	527
Net Cash From Investing Activities	-58	-85	-181	-128	-78	-162	-167	-130	-255	-138	-150
Net Cash From Continuing Investing Activities	-58	-85	-181	-128	-78	-162	-167	-130	-255	-138	-150
Purchase of Property, Plant & Equipment	-71	-79	-83	-112	-64	-74	-74	-119	-104	-122	-135
Purchase of Investments	-	-	-93	-4.00	0.00	-	-	-	-135	-8.00	-25
Other Investing Activities, net	13	-	-5.00	-12	-14	-9.00	-2.00	-5.00	-16	-8.00	18
Net Cash From Financing Activities	-386	914	-1,626	-243	-347	-206	-355	-847	-598	-1,544	-168
Net Cash From Continuing Financing Activities	-386	914	-1,626	-243	-347	-206	-355	-847	-598	-1,544	-168
Repayment of Debt	-1.00	-61	-1,246	16	34	47	28	-587	-2.00	15	60
Repurchase of Common Equity	-250	-250	-250	-250	-250	-250	-250	-250	-250	-1,550	-100
Payment of Dividends	-135	-7.00	-130	-9.00	-131	-3.00	-133	-10	-346	-9.00	-128

This table presents FOX's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Total Assets	13,121	19,509	21,750	22,926	22,185	21,866	21,972	23,195
Total Current Assets	5,580	6,478	7,486	8,749	8,281	7,257	7,501	8,429
Cash & Equivalents	2,500	3,234	4,645	5,886	5,200	4,272	4,319	5,351
Accounts Receivable	1,833	1,967	1,888	2,029	2,128	2,177	2,364	2,472
Inventories, net	1,180	1,129	856	729	791	543	626	432
Other Current Assets	67	148	97	105	162	265	192	174
Plant, Property, & Equipment, net	1,169	1,313	1,498	1,708	1,682	1,708	1,696	1,705
Total Noncurrent Assets	6,372	11,718	12,766	12,469	12,222	12,901	12,775	13,061
Goodwill	2,747	2,691	3,409	3,435	3,554	3,559	3,544	3,639
Intangible Assets	2,866	2,851	3,198	3,154	3,157	3,084	3,038	2,969
Noncurrent Deferred & Refundable Income Taxes	0.00	4,651	4,358	3,822	3,440	3,090	2,878	2,721
Other Noncurrent Operating Assets	759	1,525	1,801	2,058	2,071	3,168	3,315	3,732
Total Liabilities & Shareholders' Equity	13,121	19,509	21,750	22,926	22,185	21,866	21,972	23,195
Total Liabilities	3,252	9,362	11,334	11,540	10,622	11,208	10,916	10,840
Total Current Liabilities	1,759	0.00	1,906	3,002	2,296	3,763	2,952	2,897
Accounts Payable	1,759	-	1,906	2,253	2,296	2,514	2,353	2,897
Total Noncurrent Liabilities	1,493	9,362	9,428	8,538	8,326	7,445	7,964	7,943
Long-Term Debt	0.00	6,751	7,946	7,202	7,206	5,961	6,598	6,602
Other Noncurrent Operating Liabilities	422	2,611	1,482	1,336	1,120	1,484	1,366	1,341
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	275	189	305	261	188	213	242	288
Total Equity & Noncontrolling Interests	9,594	9,958	10,111	11,125	11,375	10,445	10,814	12,067
Total Preferred & Common Equity	9,594	9,947	10,094	11,123	11,339	10,378	10,714	11,962
Total Common Equity	9,594	9,947	10,094	11,123	11,339	10,378	10,714	11,962
Common Stock	0.00	9,898	9,837	9,459	9,104	8,258	7,682	7,607
Retained Earnings	0.00	357	674	1,982	2,461	2,269	3,139	4,479
Accumulated Other Comprehensive Income / (Loss)	81	-308	-417	-318	-226	-149	-107	-124
Noncontrolling Interest	0.00	11	17	2.00	36	67	100	105

This table presents FOX's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	12/31/2022	3/31/2023	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Total Assets	23,126	22,396	21,649	22,846	21,717	22,538	23,022	23,367	22,766	21,471	21,783
Total Current Assets	8,571	7,723	7,239	8,501	7,178	7,793	8,237	8,749	7,969	6,726	7,538
Cash & Equivalents	4,058	4,146	3,829	4,122	3,791	4,052	3,322	4,815	4,368	2,017	3,601
Accounts Receivable	3,004	2,741	2,420	3,001	2,481	2,687	3,492	3,252	2,810	3,557	2,948
Inventories, net	1,300	487	751	1,038	660	795	1,171	455	509	828	652
Other Current Assets	209	349	239	340	246	259	252	227	282	324	337
Plant, Property, & Equipment, net	1,680	1,675	1,683	1,676	1,672	1,685	1,671	1,660	1,705	1,739	1,782
Total Noncurrent Assets	12,875	12,998	12,727	12,669	12,867	13,060	13,114	12,958	13,092	13,006	12,463
Goodwill	3,556	3,557	3,557	3,559	3,544	3,547	3,543	3,639	3,637	3,638	3,647
Intangible Assets	3,114	3,097	3,072	3,061	3,048	3,030	3,020	3,030	2,960	2,951	2,943
Noncurrent Deferred & Refundable Income Taxes	3,283	3,199	3,042	3,065	2,941	2,772	2,729	2,712	2,631	2,621	2,604
Other Noncurrent Operating Assets	2,922	3,145	3,056	2,984	3,334	3,711	3,822	3,577	3,864	3,796	3,269
Total Liabilities & Shareholders' Equity	23,126	22,396	21,649	22,846	21,717	22,538	23,022	23,367	22,766	21,471	21,783
Total Liabilities	11,254	11,941	10,970	12,278	10,792	10,960	11,211	11,501	10,374	10,349	10,623
Total Current Liabilities	2,543	4,402	3,589	3,707	2,217	3,005	3,297	3,567	2,461	2,416	2,603
Accounts Payable	2,543	3,153	2,339	2,457	2,217	2,405	2,697	2,967	2,461	2,416	2,603
Total Noncurrent Liabilities	8,711	7,539	7,381	8,571	8,575	7,955	7,914	7,934	7,913	7,933	8,020
Long-Term Debt	7,208	5,961	5,962	7,195	7,196	6,599	6,600	6,601	6,603	6,604	6,605
Other Noncurrent Operating Liabilities	1,503	1,578	1,419	1,376	1,379	1,356	1,314	1,333	1,310	1,329	1,415
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	196	200	228	243	260	202	200	228	81	84	84
Total Equity & Noncontrolling Interests	11,676	10,255	10,451	10,325	10,665	11,376	11,611	11,638	12,311	11,038	11,076
Total Preferred & Common Equity	11,607	10,185	10,384	10,252	10,554	11,276	11,495	11,526	12,208	10,928	10,969
Total Common Equity	11,607	10,185	10,384	10,252	10,554	11,276	11,495	11,526	12,208	10,928	10,969
Common Stock	8,841	8,366	7,996	7,884	7,773	7,645	7,654	7,632	7,561	7,268	7,256
Retained Earnings	2,985	2,032	2,539	2,514	2,926	3,734	3,949	3,999	4,771	3,783	3,837
Accumulated Other Comprehensive Income / (Loss)	-219	-213	-151	-146	-145	-103	-108	-105	-124	-123	-124
Noncontrolling Interest	69	70	67	73	111	100	116	112	103	110	107

This table displays calculated financial ratios and metrics derived from FOX's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	2.34%	12.17%	8.03%	4.93%	8.25%	6.72%	-6.26%	16.60%
EBITDA Growth	0.00%	-2.13%	8.17%	-21.09%	74.57%	-32.75%	-2.66%	16.49%	34.06%
EBIT Growth	0.00%	-2.25%	7.82%	-24.64%	84.04%	-37.72%	-5.39%	21.23%	40.31%
NOPAT Growth	0.00%	53.55%	-23.16%	-16.46%	38.74%	-14.57%	-35.09%	55.95%	21.11%
Net Income Growth	0.00%	58.13%	-26.26%	-35.36%	107.25%	-43.98%	1.62%	24.02%	47.55%
EPS Growth	0.00%	59.28%	-26.99%	-36.97%	122.84%	-41.55%	10.43%	34.33%	56.87%
Operating Cash Flow Growth	0.00%	-20.42%	91.65%	-6.30%	11.59%	-28.61%	-4.46%	2.22%	80.65%
Free Cash Flow Firm Growth	0.00%	0.00%	10.65%	131.68%	62.47%	-29.41%	-32.07%	29.41%	72.22%
Invested Capital Growth	0.00%	0.00%	85.43%	0.39%	-1.94%	0.88%	0.20%	2.49%	-2.35%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-0.77%	3.80%	1.03%	-0.01%	0.43%	1.21%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-16.03%	4.22%	3.74%	0.46%	0.04%	14.78%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-19.19%	4.98%	3.72%	0.36%	0.25%	16.80%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-16.62%	19.03%	-7.01%	-8.31%	12.50%	4.95%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-23.15%	6.12%	3.01%	5.12%	-3.06%	21.07%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-24.65%	7.12%	4.98%	9.39%	-2.19%	22.14%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	17.07%	5.35%	-8.56%	9.28%	-19.64%	28.31%	22.66%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	6.42%	15.44%	-34.04%	86.90%	16.49%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-1.66%	-0.32%	-2.83%	0.57%	-2.76%	-4.53%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	25.10%	24.00%	23.15%	16.91%	28.13%	17.48%	15.94%	19.81%	22.77%
Operating Margin	24.14%	22.18%	21.12%	16.63%	21.15%	17.30%	10.61%	17.25%	17.66%
EBIT Margin	22.82%	21.80%	20.95%	14.61%	25.63%	14.75%	13.08%	16.91%	20.35%
Profit (Net Income) Margin	14.20%	21.94%	14.43%	8.63%	17.05%	8.82%	8.40%	11.12%	14.07%
Tax Burden Percent	62.87%	102.67%	73.88%	72.54%	75.43%	72.79%	72.18%	73.86%	74.91%
Interest Burden Percent	98.98%	98.06%	93.21%	81.42%	88.18%	82.19%	89.03%	89.00%	92.28%
Effective Tax Rate	37.13%	-2.67%	26.12%	27.46%	24.57%	27.21%	27.82%	26.14%	25.09%
Return on Invested Capital (ROIC)	0.00%	62.75%	16.89%	10.84%	15.16%	13.02%	8.41%	12.94%	15.66%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	69.49%	-9.40%	-1.54%	20.44%	-12.83%	12.90%	5.14%	22.27%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-17.60%	-0.48%	-0.51%	5.03%	-2.28%	2.87%	1.38%	3.93%
Return on Equity (ROE)	0.00%	45.15%	16.42%	10.33%	20.19%	10.75%	11.28%	14.31%	19.59%
Cash Return on Invested Capital (CROIC)	0.00%	-137.25%	-42.96%	10.45%	17.12%	12.15%	8.21%	10.48%	18.04%
Operating Return on Assets (OROA)	0.00%	16.87%	14.62%	8.72%	14.81%	9.14%	8.85%	10.79%	14.69%
Return on Assets (ROA)	0.00%	16.98%	10.07%	5.15%	9.85%	5.47%	5.69%	7.09%	10.15%
Return on Common Equity (ROCE)	0.00%	43.89%	16.03%	10.07%	19.65%	10.52%	11.02%	13.90%	18.97%
Return on Equity Simple (ROE_SIMPLE)	0.00%	23.22%	16.52%	10.52%	19.79%	10.87%	0.00%	14.50%	0.00%
Net Operating Profit after Tax (NOPAT)	1,506	2,312	1,777	1,484	2,059	1,759	1,142	1,781	2,157
NOPAT Margin	15.18%	22.77%	15.60%	12.06%	15.95%	12.59%	7.66%	12.74%	13.23%
Net Nonoperating Expense Percent (NNEP)	0.00%	-6.74%	26.30%	12.38%	-5.29%	25.85%	-4.50%	7.80%	-6.60%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	6.47%	-	11.55%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	72.49%	75.98%	76.79%	77.61%	76.26%	78.98%	78.71%	79.49%	77.83%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	75.86%	77.82%	78.88%	83.37%	78.85%	82.70%	89.39%	82.75%	82.34%
Earnings before Interest and Taxes (EBIT)	2,264	2,213	2,386	1,798	3,309	2,061	1,950	2,364	3,317
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,490	2,437	2,636	2,080	3,631	2,442	2,377	2,769	3,712
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.13	1.51	1.85	1.53	1.61	1.50	2.11
Price to Tangible Book Value (P/TBV)	0.00	0.00	4.81	4.38	4.55	3.75	4.47	3.88	4.71
Price to Revenue (P/Rev)	0.00	0.00	1.86	1.24	1.60	1.24	1.12	1.15	1.55
Price to Earnings (P/E)	0.00	0.00	13.27	15.31	9.59	14.40	13.46	10.69	11.13
Dividend Yield	1.39%	0.79%	1.20%	2.72%	1.29%	2.28%	1.51%	1.51%	0.96%
Earnings Yield	0.00%	0.00%	7.53%	6.53%	10.42%	6.94%	7.43%	9.36%	8.98%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.82	1.38	1.71	1.44	1.46	1.38	1.97
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.19	1.54	1.78	1.40	1.33	1.38	1.65
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	9.44	9.09	6.32	8.02	8.37	6.96	7.23
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	10.43	10.52	6.94	9.50	10.20	8.15	8.09
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	14.01	12.74	11.15	11.13	17.42	10.82	12.45
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	9.86	8.00	8.70	10.39	11.05	10.47	8.07
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	13.22	9.87	11.93	17.85	13.35	10.80
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.67	0.76	0.70	0.62	0.68	0.65	0.53
Long-Term Debt to Equity	0.00	0.00	0.67	0.76	0.63	0.62	0.56	0.60	0.53
Financial Leverage	0.00	-0.25	0.05	0.33	0.25	0.18	0.22	0.27	0.18
Leverage Ratio	0.00	1.33	1.63	2.01	2.05	1.97	1.98	2.02	1.93
Compound Leverage Factor	0.00	1.30	1.52	1.63	1.81	1.62	1.76	1.80	1.78
Debt to Total Capital	0.00%	0.00%	39.95%	43.27%	41.12%	38.39%	40.35%	39.43%	34.83%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	3.87%	0.00%	6.99%	3.28%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	39.95%	43.27%	37.24%	38.39%	33.36%	36.15%	34.83%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	2.79%	1.18%	1.75%	1.36%	1.19%	1.57%	1.87%	2.07%
Common Equity to Total Capital	0.00%	97.21%	58.87%	54.97%	57.52%	60.41%	58.08%	58.70%	63.10%
Debt to EBITDA	0.00	0.00	2.56	3.82	2.19	2.95	3.03	2.60	1.78
Net Debt to EBITDA	0.00	0.00	1.33	1.59	0.57	0.82	1.24	1.04	0.34
Long-Term Debt to EBITDA	0.00	0.00	2.56	3.82	1.98	2.95	2.51	2.38	1.78
Debt to NOPAT	0.00	0.00	3.80	5.35	3.86	4.10	6.31	4.04	3.06
Net Debt to NOPAT	0.00	0.00	1.98	2.22	1.00	1.14	2.57	1.62	0.58
Long-Term Debt to NOPAT	0.00	0.00	3.80	5.35	3.50	4.10	5.22	3.71	3.06
Altman Z-Score	0.00	0.00	2.77	2.00	2.53	2.40	2.21	2.32	3.13
Noncontrolling Interest Sharing Ratio	0.00%	2.79%	2.37%	2.54%	2.68%	2.12%	2.27%	2.86%	3.14%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	3.17	0.00	3.93	2.91	3.61	1.93	2.54	2.91
Quick Ratio	0.00	2.46	0.00	3.43	2.64	3.19	1.71	2.26	2.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-5,057	-4,518	1,431	2,325	1,641	1,115	1,443	2,485
Operating Cash Flow to CapEx	866.49%	612.56%	1,074.04%	658.77%	545.25%	613.68%	504.20%	533.33%	1,004.23%
Free Cash Flow to Firm to Interest Expense	0.00	-117.60	-22.26	4.29	5.95	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	71.96	30.63	12.43	7.08	6.75	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	63.65	25.63	11.28	6.01	5.51	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.77	0.70	0.60	0.58	0.62	0.68	0.64	0.72
Accounts Receivable Turnover	0.00	5.54	5.99	6.38	6.59	6.72	6.93	6.16	6.74
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	8.69	9.18	8.75	8.05	8.24	8.80	8.21	9.59
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	65.90	60.89	57.18	55.38	54.29	52.68	59.28	54.15
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	65.90	60.89	57.18	55.38	54.29	52.68	59.28	54.15
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	7,369	13,664	13,717	13,451	13,569	13,596	13,934	13,606
Invested Capital Turnover	0.00	2.76	1.08	0.90	0.95	1.03	1.10	1.02	1.18
Increase / (Decrease) in Invested Capital	0.00	7,369	6,295	53	-266	118	27	338	-328
Enterprise Value (EV)	0.00	0.00	24,886	18,913	22,953	19,583	19,896	19,262	26,841
Market Capitalization	0.00	0.00	21,169	15,290	20,625	17,353	16,678	16,042	25,197
Book Value per Share	$0.00	$15.44	$16.03	$16.72	$19.17	$20.37	$20.57	$22.96	$26.60
Tangible Book Value per Share	$0.00	$6.41	$7.10	$5.78	$7.81	$8.31	$7.40	$8.85	$11.91
Total Capital	0.00	9,869	16,898	18,362	19,337	18,769	17,868	18,253	18,957
Total Debt	0.00	0.00	6,751	7,946	7,951	7,206	7,210	7,197	6,602
Total Long-Term Debt	0.00	0.00	6,751	7,946	7,202	7,206	5,961	6,598	6,602
Net Debt	0.00	-2,500	3,517	3,301	2,065	2,006	2,938	2,878	1,251
Capital Expenditures (CapEx)	191	215	235	359	484	307	357	345	331
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	1,321	3,244	935	610	785	471	829	181
Debt-free Net Working Capital (DFNWC)	0.00	3,821	6,478	5,580	6,496	5,985	4,743	5,148	5,532
Net Working Capital (NWC)	0.00	3,821	6,478	5,580	5,747	5,985	3,494	4,549	5,532
Net Nonoperating Expense (NNE)	97	84	134	422	-142	526	-111	227	-136
Net Nonoperating Obligations (NNO)	0.00	-2,500	3,517	3,301	2,065	2,006	2,938	2,878	1,251
Total Depreciation and Amortization (D&A)	226	224	250	282	322	381	427	405	395
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	13.01%	28.48%	7.60%	4.73%	5.62%	3.16%	5.93%	1.11%
Debt-free Net Working Capital to Revenue	0.00%	37.63%	56.88%	45.35%	50.32%	42.83%	31.80%	36.82%	33.94%
Net Working Capital to Revenue	0.00%	37.63%	56.88%	45.35%	44.52%	42.83%	23.43%	32.54%	33.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.21	$3.52	$2.57	$1.63	$0.00	$2.13	$2.34	$3.14	$4.97
Adjusted Weighted Average Basic Shares Outstanding	0.00	621.30M	620.61M	604.76M	574.79M	549.12M	489.26M	460.23M	445.54M
Adjusted Diluted Earnings per Share	$2.21	$3.52	$2.57	$1.62	$0.00	$2.11	$2.33	$3.13	$4.91
Adjusted Weighted Average Diluted Shares Outstanding	0.00	621.30M	620.61M	604.76M	574.79M	549.12M	489.26M	460.23M	445.54M
Adjusted Basic & Diluted Earnings per Share	$2.21	$3.52	$2.57	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	621.30M	620.61M	604.76M	574.79M	549.12M	489.26M	460.23M	445.54M
Normalized Net Operating Profit after Tax (NOPAT)	1,610	1,588	1,796	1,811	2,086	1,759	1,142	1,781	2,157
Normalized NOPAT Margin	16.22%	15.64%	15.77%	14.72%	16.16%	12.59%	7.66%	12.74%	13.23%
Pre Tax Income Margin	22.59%	21.37%	19.53%	11.90%	22.60%	12.12%	11.64%	15.05%	18.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	98.43	51.47	11.75	5.38	8.46	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	65.47	53.77	8.75	4.44	5.27	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	90.13	46.47	10.60	4.31	7.23	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	57.17	48.77	7.59	3.37	4.03	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	2.48%	1.84%	11.44%	31.54%	18.04%	24.90%	23.86%	18.08%	12.08%
Augmented Payout Ratio	2.48%	1.84%	11.44%	88.04%	63.52%	106.00%	183.48%	82.43%	55.69%

This table displays calculated financial ratios and metrics derived from FOX's official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	425,396,078.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	425,396,078.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.39
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.47%	-8.06%	-15.60%	1.98%	11.13%	19.93%	26.81%	6.31%	4.88%	2.05%	-8.63%
EBITDA Growth	-30.91%	-49.83%	882.46%	0.16%	78.77%	128.38%	-42.59%	74.22%	-24.22%	-24.85%	-34.11%
EBIT Growth	-34.06%	-59.36%	25,350.00%	1.12%	92.69%	192.57%	-46.27%	88.01%	-26.72%	-29.44%	-41.13%
NOPAT Growth	-19.78%	-34.89%	576.48%	77.31%	20.40%	89.48%	-7.14%	24.01%	7.24%	15.39%	15.63%
Net Income Growth	-32.30%	-64.17%	1,508.00%	-13.28%	100.48%	237.39%	-49.72%	124.69%	-26.80%	-36.34%	-50.57%
EPS Growth	-25.45%	-60.34%	1,500.00%	-9.33%	117.07%	252.17%	-46.43%	130.88%	-25.84%	-35.80%	-49.33%
Operating Cash Flow Growth	-99.63%	-0.94%	-5.87%	82.35%	15,700.00%	32.46%	36.52%	68.30%	-182.28%	-84.81%	-5.61%
Free Cash Flow Firm Growth	-42.65%	-25.90%	-174.84%	-54.15%	-94.54%	-223.96%	347.76%	718.46%	2,707.61%	202.32%	15.26%
Invested Capital Growth	0.19%	-0.87%	6.00%	2.49%	4.71%	5.36%	-0.54%	-2.35%	-0.67%	0.13%	-0.62%
Revenue Q/Q Growth	5.77%	32.02%	-18.59%	-10.30%	15.27%	42.48%	-13.92%	-24.80%	13.72%	38.63%	-22.93%
EBITDA Q/Q Growth	9.18%	-56.84%	269.64%	-42.40%	94.88%	-44.86%	-7.08%	74.49%	-15.51%	-45.46%	-18.18%
EBIT Q/Q Growth	12.31%	-66.45%	403.96%	-46.65%	114.02%	-49.05%	-7.45%	86.29%	-16.58%	-50.94%	-22.78%
NOPAT Q/Q Growth	132.34%	-64.77%	179.61%	-22.54%	57.78%	-44.55%	37.03%	4.95%	34.49%	-40.34%	37.31%
Net Income Q/Q Growth	12.47%	-72.29%	512.17%	-54.55%	160.00%	-53.37%	-8.76%	103.11%	-15.30%	-59.44%	-29.15%
EPS Q/Q Growth	9.33%	-71.95%	508.70%	-51.43%	161.76%	-54.49%	-7.41%	109.33%	-15.92%	-60.61%	-26.92%
Operating Cash Flow Q/Q Growth	-99.80%	-53,700.00%	375.37%	-39.09%	-82.42%	-329.11%	656.63%	-24.91%	-108.59%	-414.62%	384.30%
Free Cash Flow Firm Q/Q Growth	148.53%	-39.15%	-173.10%	141.48%	-70.40%	-1,481.08%	246.10%	45.66%	-4.48%	-49.67%	64.58%
Invested Capital Q/Q Growth	3.43%	5.90%	-3.77%	-2.76%	5.68%	6.55%	-9.16%	-4.53%	7.50%	7.40%	-9.84%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	21.89%	7.16%	32.49%	20.83%	35.21%	13.63%	14.71%	34.13%	25.36%	9.98%	10.59%
Operating Margin	24.26%	5.46%	22.45%	20.02%	26.01%	10.04%	16.13%	22.42%	26.08%	11.15%	20.56%
EBIT Margin	18.77%	4.77%	29.53%	17.53%	32.55%	11.64%	12.51%	31.00%	22.74%	8.05%	8.06%
Profit (Net Income) Margin	12.94%	2.72%	20.42%	10.35%	23.34%	7.64%	8.10%	21.87%	16.29%	4.77%	4.38%
Tax Burden Percent	73.98%	87.79%	73.26%	70.95%	74.75%	75.34%	74.68%	74.97%	76.22%	76.71%	74.15%
Interest Burden Percent	93.19%	64.85%	94.40%	83.21%	95.95%	87.14%	86.65%	94.11%	94.00%	77.22%	73.29%
Effective Tax Rate	26.03%	12.21%	26.74%	29.05%	25.25%	24.66%	25.32%	25.03%	23.78%	23.29%	25.85%
Return on Invested Capital (ROIC)	19.07%	4.66%	16.44%	14.43%	19.37%	7.51%	13.57%	19.90%	22.32%	9.04%	17.38%
ROIC Less NNEP Spread (ROIC-NNEP)	13.38%	2.31%	20.68%	10.33%	23.63%	7.60%	7.62%	27.96%	17.33%	4.40%	1.28%
Return on Net Nonoperating Assets (RNNOA)	3.36%	0.77%	6.26%	2.77%	6.93%	2.79%	1.94%	4.93%	3.89%	1.62%	0.30%
Return on Equity (ROE)	22.43%	5.43%	22.70%	17.19%	26.30%	10.30%	15.51%	24.83%	26.21%	10.66%	17.68%
Cash Return on Invested Capital (CROIC)	6.90%	6.71%	5.50%	10.48%	8.59%	8.49%	14.93%	18.04%	15.70%	14.28%	17.16%
Operating Return on Assets (OROA)	12.72%	3.02%	18.64%	11.18%	21.12%	7.70%	8.94%	22.38%	16.54%	6.00%	5.79%
Return on Assets (ROA)	8.77%	1.72%	12.89%	6.60%	15.15%	5.06%	5.79%	15.79%	11.85%	3.55%	3.14%
Return on Common Equity (ROCE)	21.88%	5.29%	22.02%	16.70%	25.59%	10.01%	15.03%	24.05%	25.68%	10.42%	17.27%
Return on Equity Simple (ROE_SIMPLE)	10.16%	8.28%	15.19%	0.00%	17.48%	19.52%	16.43%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	576	203	567	439	693	384	527	553	743	443	609
NOPAT Margin	17.95%	4.79%	16.45%	14.20%	19.44%	7.57%	12.05%	16.81%	19.88%	8.56%	15.24%
Net Nonoperating Expense Percent (NNEP)	5.69%	2.35%	-4.24%	4.10%	-4.26%	-0.09%	5.96%	-8.06%	4.99%	4.64%	16.10%
Return On Investment Capital (ROIC_SIMPLE)	-	1.08%	3.17%	-	-	2.04%	2.79%	2.96%	3.93%	2.51%	3.44%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	73.03%	91.83%	74.27%	75.13%	70.71%	84.70%	80.44%	71.46%	71.51%	86.65%	76.11%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	75.74%	94.54%	77.55%	79.98%	73.99%	89.96%	83.87%	77.58%	73.92%	88.85%	79.44%
Earnings before Interest and Taxes (EBIT)	602	202	1,018	542	1,160	591	547	1,019	850	417	322
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	702	303	1,120	644	1,255	692	643	1,122	948	517	423
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.45	1.38	1.39	1.50	1.73	1.93	2.23	2.11	2.30	2.97	2.26
Price to Tangible Book Value (P/TBV)	4.00	3.88	3.71	3.88	4.15	4.50	5.28	4.71	5.01	7.48	5.67
Price to Revenue (P/Rev)	1.01	0.97	1.05	1.15	1.36	1.46	1.59	1.55	1.71	1.96	1.53
Price to Earnings (P/E)	14.44	16.85	9.43	10.69	10.14	10.15	13.76	11.13	13.81	17.15	14.52
Dividend Yield	1.66%	1.75%	1.68%	1.51%	1.25%	1.09%	0.95%	0.96%	0.87%	0.75%	0.96%
Earnings Yield	6.93%	5.93%	10.61%	9.36%	9.86%	9.85%	7.27%	8.98%	7.24%	5.83%	6.89%
Enterprise Value to Invested Capital (EV/IC)	1.33	1.26	1.29	1.38	1.56	1.68	1.99	1.97	2.09	2.37	1.98
Enterprise Value to Revenue (EV/Rev)	1.25	1.29	1.33	1.38	1.60	1.74	1.76	1.65	1.85	2.25	1.73
Enterprise Value to EBITDA (EV/EBITDA)	9.07	10.64	6.67	6.96	6.90	7.11	8.78	7.23	8.98	11.53	9.32
Enterprise Value to EBIT (EV/EBIT)	11.41	13.95	7.83	8.15	7.85	7.97	10.00	8.09	10.15	13.14	10.75
Enterprise Value to NOPAT (EV/NOPAT)	18.78	21.48	11.71	10.82	12.07	12.59	13.82	12.45	13.83	16.45	11.93
Enterprise Value to Operating Cash Flow (EV/OCF)	12.22	12.28	12.87	10.47	11.48	12.15	10.48	8.07	10.05	13.64	10.72
Enterprise Value to Free Cash Flow (EV/FCFF)	19.30	18.67	24.12	13.35	18.54	20.33	13.31	10.80	13.25	16.60	11.50
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.68	0.80	0.66	0.65	0.62	0.61	0.61	0.53	0.53	0.59	0.59
Long-Term Debt to Equity	0.56	0.68	0.66	0.60	0.57	0.56	0.56	0.53	0.53	0.59	0.59
Financial Leverage	0.25	0.33	0.30	0.27	0.29	0.37	0.25	0.18	0.22	0.37	0.23
Leverage Ratio	1.96	2.05	2.06	2.02	1.99	2.05	1.98	1.93	1.89	1.94	1.96
Compound Leverage Factor	1.83	1.33	1.95	1.68	1.90	1.79	1.71	1.82	1.78	1.50	1.44
Debt to Total Capital	40.31%	44.42%	39.71%	39.43%	38.34%	37.87%	37.77%	34.83%	34.76%	37.26%	37.18%
Short-Term Debt to Total Capital	6.99%	6.57%	0.00%	3.28%	3.20%	3.16%	3.15%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	33.32%	37.84%	39.71%	36.15%	35.14%	34.72%	34.62%	34.83%	34.76%	37.26%	37.18%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.65%	1.66%	2.05%	1.87%	1.61%	1.66%	1.78%	2.07%	0.97%	1.09%	1.08%
Common Equity to Total Capital	58.04%	53.92%	58.24%	58.70%	60.05%	60.47%	60.45%	63.10%	64.27%	61.65%	61.75%
Debt to EBITDA	3.50	4.79	2.60	2.60	2.17	1.94	2.23	1.78	1.94	2.05	2.20
Net Debt to EBITDA	1.64	2.45	1.23	1.04	0.95	1.05	0.74	0.34	0.66	1.42	1.00
Long-Term Debt to EBITDA	2.89	4.08	2.60	2.38	1.99	1.78	2.04	1.78	1.94	2.05	2.20
Debt to NOPAT	7.24	9.68	4.57	4.04	3.79	3.44	3.50	3.06	2.99	2.92	2.81
Net Debt to NOPAT	3.40	4.95	2.16	1.62	1.66	1.85	1.16	0.58	1.01	2.03	1.28
Long-Term Debt to NOPAT	5.99	8.24	4.57	3.71	3.47	3.15	3.21	3.06	2.99	2.92	2.81
Altman Z-Score	1.97	1.76	2.07	2.05	2.36	2.43	2.61	2.80	3.06	3.20	2.71
Noncontrolling Interest Sharing Ratio	2.46%	2.59%	3.00%	2.86%	2.68%	2.82%	3.12%	3.14%	2.03%	2.22%	2.31%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.02	2.29	3.24	2.54	2.59	2.50	2.45	2.91	3.24	2.78	2.90
Quick Ratio	1.74	1.92	2.83	2.26	2.24	2.07	2.26	2.70	2.92	2.31	2.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	549	334	-244	101	30	-414	605	881	841	423	697
Operating Cash Flow to CapEx	1.41%	-678.48%	1,778.31%	802.68%	246.88%	-489.19%	2,722.97%	1,271.43%	-125.00%	-548.36%	1,408.89%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.68	0.63	0.63	0.64	0.65	0.66	0.71	0.72	0.73	0.75	0.72
Accounts Receivable Turnover	6.37	4.85	5.33	6.16	5.61	4.68	5.62	6.74	5.99	4.70	5.23
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	8.88	8.68	8.32	8.21	8.51	9.07	9.67	9.59	9.72	9.72	9.41
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	57.31	75.28	68.46	59.28	65.01	78.06	64.97	54.15	60.90	77.60	69.84
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	57.31	75.28	68.46	59.28	65.01	78.06	64.97	54.15	60.90	77.60	69.84
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	14,062	14,891	14,330	13,934	14,725	15,689	14,252	13,606	14,627	15,709	14,164
Invested Capital Turnover	1.06	0.97	1.00	1.02	1.00	0.99	1.13	1.18	1.12	1.06	1.14
Increase / (Decrease) in Invested Capital	27	-131	811	338	663	798	-78	-328	-98	20	-88
Enterprise Value (EV)	18,707	18,742	18,457	19,262	22,930	26,382	28,390	26,841	30,514	37,220	28,038
Market Capitalization	15,029	14,103	14,681	16,042	19,481	22,188	25,664	25,197	28,095	32,439	24,843
Book Value per Share	$21.22	$21.23	$22.22	$22.96	$24.50	$25.17	$25.42	$26.60	$27.40	$24.62	$25.79
Tangible Book Value per Share	$7.67	$7.52	$8.34	$8.85	$10.21	$10.80	$10.71	$11.91	$12.59	$9.77	$10.29
Total Capital	17,891	19,013	18,121	18,253	18,777	19,011	19,067	18,957	18,995	17,726	17,765
Total Debt	7,212	8,445	7,196	7,197	7,199	7,200	7,201	6,602	6,603	6,604	6,605
Total Long-Term Debt	5,962	7,195	7,196	6,598	6,599	6,600	6,601	6,602	6,603	6,604	6,605
Net Debt	3,383	4,323	3,405	2,878	3,147	3,878	2,386	1,251	2,235	4,587	3,004
Capital Expenditures (CapEx)	71	79	83	112	64	74	74	119	104	122	135
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,071	1,922	1,170	829	1,336	2,218	967	181	1,140	2,293	1,334
Debt-free Net Working Capital (DFNWC)	4,900	6,044	4,961	5,148	5,388	5,540	5,782	5,532	5,508	4,310	4,935
Net Working Capital (NWC)	3,650	4,794	4,961	4,549	4,788	4,940	5,182	5,532	5,508	4,310	4,935
Net Nonoperating Expense (NNE)	161	88	-137	119	-139	-3.77	173	-166	134	196	434
Net Nonoperating Obligations (NNO)	3,383	4,323	3,405	2,878	3,147	3,878	2,386	1,251	2,235	4,587	3,004
Total Depreciation and Amortization (D&A)	100	101	102	102	95	101	96	103	98	100	101
Debt-free, Cash-free Net Working Capital to Revenue	7.17%	13.20%	8.41%	5.93%	9.32%	14.61%	6.00%	1.11%	6.92%	13.83%	8.23%
Debt-free Net Working Capital to Revenue	32.82%	41.52%	35.64%	36.82%	37.58%	36.49%	35.90%	33.94%	33.43%	26.00%	30.46%
Net Working Capital to Revenue	24.45%	32.93%	35.64%	32.54%	33.40%	32.54%	32.18%	33.94%	33.43%	26.00%	30.46%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.83	$0.23	$1.41	$0.67	$1.79	$0.82	$0.76	$1.60	$1.34	$0.53	$0.39
Adjusted Weighted Average Basic Shares Outstanding	492M	481M	474M	460.23M	461M	457M	453M	445.54M	447M	433M	424M
Adjusted Diluted Earnings per Share	$0.82	$0.23	$1.40	$0.68	$1.78	$0.81	$0.75	$1.57	$1.32	$0.52	$0.38
Adjusted Weighted Average Diluted Shares Outstanding	494M	482M	475M	460.23M	464M	462M	461M	445.54M	455M	441M	432M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	482.81M	474.88M	466.73M	460.23M	456.74M	453.43M	449.62M	445.54M	443.94M	425.40M	420.19M
Normalized Net Operating Profit after Tax (NOPAT)	576	203	567	439	693	384	527	553	743	443	609
Normalized NOPAT Margin	17.95%	4.79%	16.45%	14.20%	19.44%	7.57%	12.05%	16.81%	19.88%	8.56%	15.24%
Pre Tax Income Margin	17.49%	3.09%	27.88%	14.59%	31.23%	10.14%	10.84%	29.18%	21.38%	6.21%	5.91%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	27.20%	33.69%	17.47%	18.08%	14.05%	12.17%	14.57%	12.08%	23.77%	25.82%	28.17%
Augmented Payout Ratio	216.78%	269.26%	79.85%	82.43%	64.79%	56.73%	67.37%	55.69%	72.08%	145.05%	151.03%

Financials Breakdown Chart

Key Financial Trends

FOX Corporation (FOXA) has shown a large, multi-year revenue base with periods of strong profitability and cash flow, but with notable quarterly volatility in earnings and cash generation. Below are the most important takeaways drawn from the quarterly cash flow statements, income statements, and balance sheets covering the recent four-year window (through Q2 2026).

Revenue scale remains robust: FOXA reported operating revenue of about $5.18 billion in Q2 2026, modestly higher than about $5.08 billion in Q2 2025, indicating continued large-scale top-line activity.
Strong quarterly profitability in late 2025: Q4 2025 net income attributable to common shareholders was about $717 million with basic earnings per share of $1.60, signaling meaningful profitability at the period end.
Cash flow from operations showed strength in late 2025: Q3 2025 net cash from continuing operating activities was about $2.02 billion, and Q4 2025 was about $1.52 billion, indicating solid cash generation during those quarters.
Solid balance sheet with ample liquidity and reasonable leverage: Total assets around $21.47 billion in Q2 2026, total equity around $11.03 billion, and long-term debt near $6.6–7.2 billion across recent quarters, implying a balanced capital structure and meaningful liquidity.
Capital returns to shareholders are material: FOXA continued shareholder-friendly moves, with sizable stock repurchases (e.g., approximately $1.55 billion in Q2 2026), potentially supporting per-share value.
Earnings volatility and occasional restatements: Across quarters, net income and earnings per share swing, and a restatement occurred in 2025 data, signaling earnings volatility rather than a consistently rising margin.
Debt and capital structure appear stable: Long-term debt remains in the mid-to-high single digits billions, a neutral signal depending on the cash flow and capital allocation pace.
Capital allocation policy is persistent: FOXA regularly pays dividends and engages in buybacks, a neutral factor for evaluating course of cash flows depending on the balance between returns to shareholders and liquidity needs.
Near-term cash balance volatility: Cash and cash equivalents declined to about $2.02 billion in Q2 2026 from roughly $4.37 billion in Q1 2026, raising questions about liquidity if outflows remain elevated.
Near-term cash flow from operations weaker in early 2026: Net cash from continuing operating activities was negative in Q1 2026 (~$130 million) and again negative in Q2 2026 (~$669 million), signaling working capital headwinds in those quarters.

Bottom line: FOXA remains a large, cash-generating franchise with a solid balance sheet and active capital return program. Investors should watch quarterly CFO trends and liquidity headroom as buybacks and dividends continue to influence cash balances and financing activities.

05/14/26 07:31 PM ETAI Generated. May Contain Errors.

FOX Financials - Frequently Asked Questions

According to the most recent income statement we have on file, FOX's financial year ends in June. Their financial year 2025 ended on June 30, 2025.

FOX's net income for the last 5 years looks like this:

2021: $2.20 billion
2022: $1.23 billion
2023: $1.25 billion
2024: $1.55 billion
2025: $2.29 billion

See FOX's forecast for analyst expectations on what's next for the company.

FOX's total operating income in 2025 was $2.88 billion, based on the following breakdown:

Total Gross Profit: $16.30 billion
Total Operating Expenses: $13.42 billion

Over the last 8 years, FOX's total revenue changed from $9.92 billion in 2017 to $16.30 billion in 2025, a change of 64.3%.

FOX's total liabilities were at $10.84 billion at the end of 2025, a 0.7% decrease from 2024, and a 233.3% increase since 2018.

In the past 7 years, FOX's cash and equivalents has ranged from $2.50 billion in 2018 to $5.89 billion in 2021, and is currently $5.35 billion as of their latest financial filing in 2025.

Over the last 8 years, FOX's book value per share changed from 0.00 in 2017 to 26.60 in 2025, a change of 2,660.5%.

Related Companies

Financial statements for NASDAQ:FOX last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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FOX (FOX) Financials

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FOX Financials - Frequently Asked Questions

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FOX (FOX) Financials

Annual Income Statements for FOX

Quarterly Income Statements for FOX

Annual Cash Flow Statements for FOX

Quarterly Cash Flow Statements for FOX

Annual Balance Sheets for FOX

Quarterly Balance Sheets for FOX

Annual Metrics And Ratios for FOX

Quarterly Metrics And Ratios for FOX

Financials Breakdown Chart

Key Financial Trends

FOX Financials - Frequently Asked Questions

When does FOX's fiscal year end?

How has FOX's net income changed over the last 8 years?

What is FOX's operating income?

How has FOX's revenue changed over the last 8 years?

How much debt does FOX have?

How much cash does FOX have?

How has FOX's book value per share changed over the last 8 years?

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