Sales up 5.1%, free cash flow down to $1.5B
The latest figures
All key numbers (36) From EDGAR
| EPS (ttm) | 4.72 | Sales (ttm) | 18.0B | Net income (ttm) | 2.0B | Sales growth | +5.1% | EPS growth | -21.8% | Sales Q/Q | +22.3% |
| Free cash flow | 2.2B | Gross margin | - | Oper. margin | - | Net margin | 11.3% | FCF margin | 12.3% | ROE | 16.3% |
| ROA | 8.8% | R&D / sales | - | Dividend | - | Debt/Eq | 0.53 | Curr. ratio | 3.79 | Cash | 4.5B |
| Op. cash flow (ttm) | 2.7B | Net debt | 2.1B | Quick ratio | 3.59 | Tax rate | 24.2% | Stock pay / sales | 0.8% | Shares out. | 428.0M |
| Shares Y/Y | -4.8% | Book / share | 29.13 | Cash / share | 10.60 | Sales / share | 41.96 | Asset turnover | 0.78 | Days sales out. | 74 |
| Sales 3Y CAGR | +4.7% | Sales 5Y CAGR | +5.8% | EPS 3Y CAGR | +18.1% | EPS 5Y CAGR | +1.2% | Employees | 10,550 | Sales / employee | 1.7M |
Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.
Changes in the numbers
FY2026 against FY2025-
Free cash flow fell 51%$3.0B → $1.5B · Cash from operations − capital expenditure · 10-K ↗
-
Revenue growth slowed to +5.1%+16.6% → +5.1% · Revenue FY2026 / revenue FY2025 − 1, against the same a year earlier · 10-K ↗
FOXA against Communication peers
Ten years, side by side → · All 19 →Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How
Every dot is one of the 19 companies, the better end on the right. Hover a dot for the company.
| Company | Revenue (ttm) | Sales growth | Gross margin | Net margin | ROE | FCF margin | Debt / equity |
|---|---|---|---|---|---|---|---|
| FOXA Fox Corporation (Class A) | $18.0B | +5.1% | - | 11.3% | 16.3% | 12.3% | 0.53 |
| LYV Live Nation Entertainment | $27.9B | +8.8% | - | 0.5% | 33.1% | 3.2% | - |
| OMC Omnicom Group | $24.8B | +10.1% | 12.6% | 2.8% | 7.1% | 11.6% | 1.01 |
| ECHO EchoStar | $12.2B | -5.2% | - | 8.8% | 6.3% | -4.4% | 0.57 |
| NWSA News Corp (Class A) | $9.2B | +6.8% | - | 6.8% | 7.3% | 7.8% | 0.24 |
| APP AppLovin | $7.6B | +70.0% | 88.8% | 65.9% | 152.0% | - | 1.07 |
Profitability
3 of 3- ✓Net margin above the peer median11.3% vs 9.2%
- ✓Return on equity above 15%16.3%
- ✓A profit in every one of 10 years
Balance sheet
3 of 3- ✓Debt smaller than equityDebt / equity 0.53 on the latest balance sheet (peer median 0.94)
- ✓Current assets cover current liabilitiesCurrent ratio 3.79
- ✓Net debt under 3 years of free cash flow$2.1B net debt, 0.9 years
Cash and shareholders
3 of 3- ✓Free cash flow positive in every one of 10 years$1.5B last year
- ✓Share count down over 5 years−26.2%
- ✓Cash from operations above net income$2.0B vs $1.7B
Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.
Revenue and net income, FY2017 to FY2026
Revenue 17.1B Net income 1.7BFrom XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →
Where the $17.0B of revenue came from
by segment, year to Jun 30, 2026- Television $9.7B · 57%
- Cable Network Programming $7.3B · 43%
From the segment tables in the 10-K XBRL. Revenue by segment, product and region →
Income statement, balance sheet and cash flow
FOXA's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.
Revenue by business segment
year to Jun 30, 2026| Revenue | Share | vs year before | |
|---|---|---|---|
| Television | 9.7B | 56.4% | +3.7% |
| Cable Network Programming | 7.3B | 42.9% | +6.0% |
10-K 0001628280-26-053960, segment and revenue notes (XBRL).
Income statement
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.9B | 10.2B | 11.4B | 12.3B | 12.9B | 14.0B | 14.9B | 14.0B | 16.3B | 17.1B |
| SG&A | 1.1B | 1.2B | 1.4B | 1.7B | 1.8B | 1.9B | 2.0B | 2.0B | 2.2B | 2.4B |
| Interest expense | 23.0M | 43.0M | 203.0M | 369.0M | 395.0M | 377.0M | 349.0M | 405.0M | 403.0M | 401.0M |
| Pretax income | 2.2B | 2.2B | 2.2B | 1.5B | 2.9B | 1.7B | 1.7B | 2.1B | 3.1B | 2.3B |
| Income tax | 832.0M | -58.0M | 581.0M | 402.0M | 717.0M | 461.0M | 483.0M | 550.0M | 768.0M | 551.0M |
| Net income | 1.4B | 2.2B | 1.6B | 999.0M | 2.1B | 1.2B | 1.2B | 1.5B | 2.3B | 1.7B |
| EPS (diluted) | 2.21 | 3.52 | 2.57 | 1.62 | 3.61 | 2.11 | 2.33 | 3.13 | 4.91 | 3.84 |
| Diluted shares | - | 621.0M | 621.0M | 616.0M | 595.0M | 570.0M | 531.0M | 480.0M | 461.0M | 439.0M |
| Depreciation & amortization | 169.0M | 171.0M | 212.0M | 258.0M | 300.0M | 363.0M | 411.0M | 389.0M | 385.0M | 410.0M |
| Net margin | 13.8% | 21.5% | 14.0% | 8.1% | 16.7% | 8.6% | 8.3% | 10.7% | 13.9% | 9.8% |
| Revenue growth | - | +2.3% | +12.2% | +8.0% | +4.9% | +8.3% | +6.7% | -6.3% | +16.6% | +5.1% |
| EPS growth | - | +59.3% | -27.0% | -37.0% | +123% | -41.6% | +10.4% | +34.3% | +56.9% | -21.8% |
Balance sheet
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash | 19.0M | 2.5B | 3.2B | 4.6B | 5.9B | 5.2B | 4.3B | 4.3B | 5.4B | 4.2B |
| Receivables | - | 1.8B | 2.0B | 1.9B | 2.0B | 2.1B | 2.2B | 2.4B | 2.5B | 3.5B |
| Inventory | - | 1.2B | 1.1B | 856.0M | 729.0M | 791.0M | 543.0M | 626.0M | 432.0M | 487.0M |
| Current assets | - | 5.6B | 6.5B | 7.5B | 8.7B | 8.3B | 7.3B | 7.5B | 8.4B | 8.5B |
| Property & equipment | - | 1.2B | 1.3B | 1.5B | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 1.8B |
| Goodwill | - | 2.7B | 2.7B | 3.4B | 3.4B | 3.6B | 3.6B | 3.5B | 3.6B | 3.6B |
| Total assets | - | 13.1B | 19.5B | 21.8B | 22.9B | 22.2B | 21.9B | 22.0B | 23.2B | 22.5B |
| Current liabilities | - | 1.8B | 1.7B | 1.9B | 3.0B | 2.3B | 3.8B | 3.0B | 2.9B | 2.7B |
| Total debt | - | 0 | 6.8B | 7.9B | 8.0B | 7.2B | 7.2B | 7.2B | 6.6B | 6.6B |
| Shareholders' equity | 6.1B | 9.6B | 9.9B | 10.1B | 11.1B | 11.3B | 10.4B | 10.7B | 12.0B | 11.6B |
| Retained earnings | - | 0 | 357.0M | 674.0M | 2.0B | 2.5B | 2.3B | 3.1B | 4.5B | 4.5B |
Cash flow
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.7B | 1.3B | 2.5B | 2.4B | 2.6B | 1.9B | 1.8B | 1.8B | 3.3B | 2.0B |
| Capital spending | 191.0M | 215.0M | 235.0M | 359.0M | 484.0M | 307.0M | 357.0M | 345.0M | 331.0M | 502.0M |
| Free cash flow | 1.5B | 1.1B | 2.3B | 2.0B | 2.2B | 1.6B | 1.4B | 1.5B | 3.0B | 1.5B |
| Stock-based pay (added back) | 0 | 0 | 36.0M | 137.0M | 147.0M | 102.0M | 74.0M | 90.0M | 135.0M | 132.0M |
| Dividends paid | 35.0M | 41.0M | 188.0M | 335.0M | 330.0M | 307.0M | 299.0M | 281.0M | 277.0M | 287.0M |
| Buybacks | - | 0 | 0 | 600.0M | 1.0B | 1.0B | 2.0B | 1.0B | 1.0B | 2.0B |
| Acquisitions | - | 0 | 0 | 1.1B | 51.0M | 243.0M | 0 | 0 | 97.0M | 8.0M |
| Debt raised | - | - | - | - | - | 0 | 0 | 1.2B | 0 | 0 |
| Debt repaid | - | - | - | 0 | 0 | 750.0M | 0 | 1.2B | 600.0M | 0 |
| Investing cash flow | -242.0M | 128.0M | -637.0M | -1.1B | -528.0M | -513.0M | -438.0M | -452.0M | -537.0M | -705.0M |
| Financing cash flow | -1.4B | 1.0B | -1.2B | 146.0M | -870.0M | -2.1B | -2.3B | -1.3B | -1.8B | -2.4B |
Stock-based pay and leases
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based pay (expense) | 0 | 0 | 36.0M | 137.0M | 147.0M | 102.0M | 74.0M | 90.0M | 135.0M | 132.0M |
| Stock-based pay / revenue | 0.0% | 0.0% | 0.3% | 1.1% | 1.1% | 0.7% | 0.5% | 0.6% | 0.8% | 0.8% |
| Operating lease cash paid | - | - | - | 166.0M | 134.0M | 116.0M | 119.0M | 126.0M | 125.0M | 82.0M |
| Right-of-use assets | - | - | 0 | 539.0M | 469.0M | 477.0M | 947.0M | 904.0M | 814.0M | 851.0M |
| Operating lease liabilities | - | - | 0 | 574.0M | 501.0M | 512.0M | 997.0M | 955.0M | 863.0M | 962.0M |
From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.