Fox Corporation (FOXA) Stock

Fox Corporation (FOXA) is a Communication Services stock trading at $67.94 (as of 2026-08-20), with a market capitalization of $29.83B and a trailing P/E of 17.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Fox Corporation is a U.S. media company with operations spanning cable network programming and television, including assets such as FOX News, FOX Business, FS1/FS2, FOX Deportes, and Big Ten Network, as well as broadcast and streaming services like The FOX Network and Tubi. It serves viewers and advertisers through distribution to pay-TV and digital platforms.

Understand Fox Corporation: how it makes money

Fox Corporation operates news, sports, and entertainment channels in the United States, and makes money mainly by producing and licensing content to distributors (through cable network programming and affiliate or distribution fees) and by selling advertising alongside that programming.

Fox's profit model depends on licensing and distributing its news and sports programming to pay TV and digital platforms, then monetizing the resulting viewership through both advertising and affiliate or distribution-related fees.

Revenue by segment (latest quarter)
Cable Net Prog$1.7B
Television$1.8B
Other$0.7B

Business quality (Weak): Clear revenue engine from content licensing plus advertising, with operating margin of 5.9% in the latest quarter, but results can be sensitive to advertising demand and the economics of distribution and affiliate fee arrangements.

Valuation: At 14× earnings, FOXA trades 22% below the Communication average (18×). Note: one-time items can distort reported P/E.

Bull case

  • Two main monetization streams: Fox's content can be monetized through advertising and through cable and affiliate fee style revenues from distribution through MVPDs and other digital platforms.
  • Scale across cable and television revenue lines: The company reports meaningful revenue contribution from both Cable Network Programming and Television segments.

Bear case

  • Advertising exposure: Because advertising revenues are a named operating metric, weak ad demand could pressure total results.
  • Dependence on distribution economics: Cable network programming revenue is tied to distribution through traditional and virtual MVPDs and other digital platforms, so changes in distributor economics or carriage arrangements can affect revenue.
Valuation — source: SEC EDGAR (first-party)
Price$67.94
Market Cap$29.83B
P/E Ratio17.3
EV / EBITDA12.0
Price / Book2.54
Price / Sales1.74
FCF Yield4.9%
DCF Value (model)$54.41
DCF Upside vs Price-19.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$17.13B
Net Margin10.1%
Revenue Growth (YoY)5.1%
EPS Growth (YoY)-21.3%
FCF Growth (YoY)-51.0%
Financial Health — source: SEC EDGAR
Altman Z-Score3.35 (safe)
Valuation vs Sector & Industry
Stock P/E17.3
Sector P/E (Communication Services)24.4
Industry P/E (Communication)17.9
vs Sector-29.2%
vs Industry-3.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.79B)
Institutional Holders Tracked10
Congressional Trades (recent)4
Company
SectorCommunication Services
IndustryCommunication
CEOLachlan Keith Murdoch
Employees10,200
CountryUS
IPO Date2019-03-12

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FOXA earnings history · FOXA institutional & insider holders · FOXA KPIs & operating metrics · FOXA financials · FOXA investor presentations & press releases · FOXA SEC filings · FOXA peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.