FOX Financials Fox Corporation (Class B)

10 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 41 d ago Overview →

Growth & profitability

Revenue has grown 5.8% per year over the past 5 years.
Net income has grown slower than revenue (-4.7% vs 5.8% per year).
Free cash flow has declined 7.4% per year over the past 5 years.

Financial health

Total debt ($6.6B) exceeds cash ($4.2B); net debt is $2.4B.
Total debt has grown slower than revenue (-3.6% vs 5.8% per year).

Shareholder returns

Dividends have been paid for 10 consecutive years, consuming 16.6% of earnings and 19.6% of free cash flow.
The dividend has declined 2.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$17.1B	$1.7B	0.0%	0.0%	14.9%	7.7%	$1.5B	$6.6B	$4.2B
2025	$16.3B	$2.3B	0.0%	0.0%	19.2%	9.9%	$3.0B	$6.6B	$5.4B
2024	$14.0B	$1.6B	0.0%	0.0%	14.5%	7.1%	$1.5B	$7.2B	$4.3B
2023	$14.9B	$1.3B	0.0%	0.0%	12.1%	5.7%	$1.4B	$7.2B	$4.3B
2022	$14.0B	$1.2B	0.0%	0.0%	10.9%	5.6%	$1.6B	$7.2B	$5.2B
2021	$12.9B	$2.2B	0.0%	0.0%	19.8%	9.6%	$2.2B	$8.0B	$5.9B
2020	$12.3B	$1.1B	0.0%	0.0%	10.5%	4.9%	$2.0B	$7.9B	$4.6B
2019	—	$1.6B	—	—	16.5%	8.4%	$2.3B	$6.8B	$3.2B
2018	—	$2.2B	—	—	23.2%	17.0%	$1.1B	$0	$2.5B
2017	—	$1.4B	—	—	—	—	$1.5B	—	$19M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$4.2B	$696M	0.0%	0.0%	6.0%	3.1%	$726M	$6.6B	$4.2B
Mar '26	$4.0B	$175M	0.0%	0.0%	1.6%	0.8%	$1.8B	$6.6B	$3.6B
Dec '25	$5.2B	$247M	0.0%	0.0%	2.3%	1.2%	-$791M	$6.6B	$2.0B
Sep '25	$3.7B	$609M	0.0%	0.0%	5.0%	2.7%	-$234M	$6.6B	$4.4B
Jun '25	$3.3B	$719M	0.0%	0.0%	6.0%	3.1%	$1.4B	$6.6B	$5.4B
Mar '25	$4.4B	$354M	0.0%	0.0%	3.1%	1.5%	$1.9B	$7.2B	$4.8B
Dec '24	$5.1B	$388M	0.0%	0.0%	3.4%	1.7%	-$436M	$7.2B	$3.3B
Sep '24	$3.6B	$832M	0.0%	0.0%	7.4%	3.7%	$94M	$7.2B	$4.1B
Jun '24	$3.1B	$320M	0.0%	0.0%	3.0%	1.5%	$787M	$7.2B	$4.3B
Mar '24	$3.4B	$704M	0.0%	0.0%	6.7%	3.2%	$1.4B	$7.2B	$3.8B
Dec '23	$4.2B	$115M	0.0%	0.0%	1.1%	0.5%	-$615M	$8.4B	$4.1B
Sep '23	$3.2B	$415M	0.0%	0.0%	4.0%	1.9%	-$70M	$7.2B	$3.8B
Jun '23	$3.0B	$369M	0.0%	0.0%	3.6%	1.7%	$373M	$7.2B	$4.3B
Mar '23	$4.1B	-$50M	0.0%	0.0%	-0.5%	-0.2%	$1.5B	$7.2B	$4.1B
Dec '22	$4.6B	$321M	0.0%	0.0%	2.8%	1.4%	-$610M	$7.2B	$4.1B
Sep '22	$3.2B	$613M	0.0%	0.0%	5.3%	2.7%	$196M	$7.2B	$5.0B
Jun '22	$3.0B	$308M	0.0%	0.0%	2.7%	1.4%	$817M	$7.2B	$5.2B
Mar '22	$3.5B	$290M	0.0%	0.0%	2.6%	1.3%	$1.5B	$7.2B	$4.6B
Dec '21	$4.4B	-$73M	0.0%	0.0%	-0.6%	-0.3%	-$753M	$8.0B	$4.3B
Sep '21	$3.0B	$708M	0.0%	0.0%	6.2%	3.1%	-$24M	$8.0B	$5.4B

Valuation over time

How the market has priced FOX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 11.1× (Mar '23) to 15.4× (Sep '26).
The price-to-sales ratio has risen from 1.0× (Mar '23) to 1.6× (Sep '26).
The dividend yield has fallen from 2.2% (Mar '23) to 1.1% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is FOX growing its revenue and profit?

Over the past 5 years, Fox Corporation (Class B)'s revenue has grown 5.8% per year, and net income declined 4.7% per year. These are computed facts, not advice.

How much debt does FOX have?

As of FY2026, Fox Corporation (Class B) reported $6.6B of total debt against $4.2B of cash.

What is FOX's profit margin?

In FY2026, gross margin was —, operating margin —, and net margin 10.1%.

What is FOX's P/E ratio?

As of Sep '26, Fox Corporation (Class B) traded at a price-to-earnings ratio of about 15.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.