Fox Corp (FOX)
Communication Services · Broadcasting · US stock · S&P 500 component
$57.22
▲ +0.08 (0.14%)
Fair valueUndervalued
$130 +127.0% to fair value
$65fair band $91–$169$195
Day's range
$56.99 – $59.17
52-week range
$43.86 – $67.48
About Fox Corp
Fox Corporation owns a television and digital media business in the United States. Its main assets are the Fox broadcast network, Fox News, Fox Business, Fox Sports, the Fox owned local stations and the Tubi streaming service. Revenue comes from advertising, fees paid by cable and satellite distributors for its channels, and affiliate fees from local stations, plus programming and sports rights it sells.
Over the last twelve months, $17.1 billion in revenue was reported. Across three years, revenue grew 4.7% a year. It posts an operating margin of 15.6%, with return on invested capital of 14%. Leverage, measured as net debt to EBITDA, is 1.1 times. The dividend yield is 1.0%. Overall, the X-Ray Score comes to 55 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $43.86 – $67.48Volume 1,229,900Daily, split-adjusted
Vitals
Market cap$25.1B
52-week range$43.86 – $67.48
Volume (last day)1,229,900
P/E (TTM)15.0
EBIT / EV yield9.4%
Free-cash-flow yield5.8%
Dividend yield1.0%
Revenue (TTM)$17.1B
Net income (TTM)$1.7B
Operating margin15.6%
Return on capital13.5%
Debt incl. leases$7.6B
Cash & securities$4.2B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$130model spread $115 – $147
Undervalued
+127.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $57
Undervalued < $91Fair $91 – $169Overvalued > $169
10-year DCF (market-scaled)
$183
Peer multiples
$84
Earnings power floor (not blended)
$72
Fundamentals-adjusted multiple
$123
Growth the price implies
-3.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business at a low price
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Communication Services peers. Open a lens to see the numbers behind it.
Valuation
Strong
78/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield9.4%
Free-cash-flow yield5.8%
Fair value vs price2.3×
Growth
Weak
39/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)4.7%
EPS growth (3y)18.1%
Growth consistency80%
Profitability
Weak
48/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital13.5%
Operating margin15.6%
Financial health
Fair
55/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA1.1×
Interest cover6.7×
Dividends
Weak
47/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.0%
Dividends vs free cash flow17%
Dividend growth-1.4%
Quarterly results: last 6 quarters
+26.8%
Mar '25
+6.3%
Jun '25
+4.9%
Sep '25
+2.0%
Dec '25
-8.6%
Mar '26
+28.1%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.2B.
Fundamentals checklist
● 4 Good · ● 9 Average · ● 2 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverAverage
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 53/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $14.0B | $14.9B | $14.0B | $16.3B | $17.1B |
| Operating income | $2.1B | $2.1B | $2.5B | $3.5B | $2.7B |
| Net income | $1.2B | $1.2B | $1.5B | $2.3B | $1.7B |
| Operating cash flow | $1.9B | $1.8B | $1.8B | $3.3B | $2.0B |
| Operating margin | 14.8% | 14.0% | 17.9% | 21.3% | 15.6% |
| Free cash flow | $1.6B | $1.4B | $1.5B | $3.0B | $1.5B |
| Diluted EPS | $2.11 | $2.33 | $3.13 | $4.91 | $3.84 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 3 neutral · 3 bearish
Weekly
Strongly bullish
10 bullish · 1 neutral · 1 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 56.31 | Bullish |
| EMA 10 | 56.47 | Bullish |
| SMA 20 | 56.42 | Bullish |
| EMA 20 | 56.70 | Bullish |
| SMA 50 | 58.15 | Bearish |
| EMA 50 | 56.69 | Bullish |
| SMA 100 | 54.97 | Bullish |
| EMA 100 | 56.11 | Bullish |
| SMA 200 | 56.02 | Bullish |
| EMA 200 | 55.45 | Bullish |
Oscillators (daily)
| RSI (14) | 52.15 | Neutral |
| MACD (12, 26) | -0.33 | Bearish |
| Momentum (12) | 1.63 | Bullish |
| Stochastic %K (14) | 63.00 | Neutral |
| Williams %R (14) | -37.00 | Neutral |
| CCI (20) | 144.0 | Bearish |
Pivot points (classic, last session)
S3 54.24 | S2 55.61 | S1 56.42 | Pivot 57.79 | R1 58.60 | R2 59.97 | R3 60.78 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.57 USD
Yield on today's price
1.00%
Frequency
Semi-annual
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 2 Sep 2026 | 0.2900 |
| 4 Mar 2026 | 0.2800 |
| 3 Sep 2025 | 0.2800 |
| 5 Mar 2025 | 0.2700 |
| 4 Sep 2024 | 0.2700 |
| 5 Mar 2024 | 0.2600 |
| 29 Aug 2023 | 0.2600 |
| 28 Feb 2023 | 0.2500 |
| 30 Aug 2022 | 0.2500 |
| 1 Mar 2022 | 0.2400 |
| 31 Aug 2021 | 0.2400 |
| 9 Mar 2021 | 0.2300 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
FOX SEC filings
14 Oct 2026
8-KSEC EDGAR
Shareholder vote results
6 Oct 2026
8-KSEC EDGAR
Other events
17 Sep 2026
DEF 14ASEC EDGAR
Proxy statement
9 Sep 2026
8-KSEC EDGAR
Other events
6 Aug 2026
10-KSEC EDGAR
Annual report
6 Aug 2026
8-KSEC EDGAR
Results of operations
30 Jun 2026
8-KSEC EDGAR
Entered a material agreement
15 Jun 2026
8-KSEC EDGAR
Entered a material agreement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.