Fox (FOXA) stock
Communication Services · Broadcasting
Fox (FOXA) is a Broadcasting company in the Communication Services sector, headquartered in New York City, New York. As of October 23, 2026, FOXA closed at $66.60, a market capitalization of $28.08 billion, the 334th largest company in the S&P 500. Over the last twelve months it generated $17.13 billion in revenue (+28% year over year) and $1.47 billion in free cash flow. The stock trades at 17.3x trailing earnings and 11.4x forward earnings.
- 1-year total return: +14.3% (dividends reinvested)
- 5-year return: +10.8% a year
- 52-week range: $48.34 – $76.39
- Gross margin 36.6%, operating margin 25.2%
- Dividend yield: 0.87%, 5 straight years of increases
- FI Handbook report card: B across 10 metrics
- 15th largest of 22 Communication Services stocks in the S&P 500
FOXA price chart
1Y price change: +13.2% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| FOXA | +4.1% | -8.0% | +14.3% | +31.2% | +10.8% | — | +9.1% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2019.
FOXA key statistics
- Market cap
- $28.1B
- #334 in S&P 500
- P/E (TTM)
- 17.3x
- Forward P/E
- 11.4x
- EPS (TTM)
- $3.84
- Revenue (TTM)
- $17.1B
- +28%
- Free cash flow
- $1.5B
- Gross margin
- 36.6%
- Operating margin
- 25.2%
- Return on equity
- 14.3%
- Dividend yield
- 0.87%
- 52-week range
- $48.34 – $76.39
- Beta
- 0.61
- Price / sales
- 1.6x
- EV / EBITDA
- 8.1x
- Debt / equity
- 0.64x
- Employees
- 10,550
FOXA report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth28.1%A
- Gross margin36.6%C
- Operating margin25.2%B
- FCF margin8.6%C
- Return on equity14.3%C
- Net debt / EBITDA0.9xB
- Forward P/E11.4xA
- PEG ratio1.2xB
- Shareholder yield8.0%A
- Share count change / yr-5.9%A
Fox financials
Revenue went from $9.9B in fiscal 2017 to $17.1B in fiscal 2026, growing 6.3% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.9B | $10.2B | $11.4B | $12.3B | $12.9B | $14.0B | $14.9B | $14.0B | $16.3B | $17.1B |
| Net income | $1.4B | $2.2B | $1.6B | $1.1B | $2.2B | $1.2B | $1.3B | $1.6B | $2.3B | $1.7B |
| EPS (diluted) | — | $3.52 | $2.57 | $1.62 | $3.61 | $2.11 | $2.33 | $3.13 | $4.91 | $3.84 |
| Free cash flow | $1.5B | $1.1B | $2.3B | $2.0B | $2.2B | $1.6B | $1.4B | $1.5B | $3.0B | $1.5B |
| Buybacks | — | $0 | $0 | $600.0M | $1.0B | $1.0B | $2.0B | $1.0B | $1.0B | $2.0B |
| Dividends paid | $35.0M | $41.0M | $188.0M | $335.0M | $330.0M | $307.0M | $299.0M | $281.0M | $277.0M | $287.0M |
| Diluted shares | — | 621.0M | 621.0M | 616.0M | 595.0M | 570.0M | 531.0M | 480.0M | 461.0M | 439.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into FOXA?
A reverse DCF asks what growth the current price requires. With an enterprise value of $31.4B and $1.5B of trailing free cash flow, Fox needs to grow free cash flow about 12.3% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -7.4% a year over the last five years.
P/E ratio history
Current 17.3x vs. median 13.6x (10th–90th percentile 10.2x–18.0x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
FOXA dividend
- Dividend yield
- 0.87%
- Annual dividend
- $0.58
- Years of increases
- 5
- 5-yr dividend growth
- 3.6%
- per year
- Payout ratio
- 15%
- Payments per year
- 2
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
FOXA analyst price targets
18 analysts' average 12-month target is $79.63 (+20% vs. $66.60). Targets range from $60.00 to $125.00. 63% rate it a buy.
FOXA earnings
Next report: November 2, 2026. Fox has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $4.2B (+28% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 6, 2026 | $1.38 | $1.79 | +29.3% |
| May 11, 2026 | $0.97 | $1.32 | +36.4% |
| Feb 4, 2026 | $0.52 | $0.82 | +58.6% |
| Oct 30, 2025 | $1.10 | $1.51 | +37.4% |
| Aug 5, 2025 | $1.00 | $1.27 | +27.3% |
| May 12, 2025 | $0.90 | $1.10 | +22.6% |
| Feb 4, 2025 | $0.64 | $0.96 | +50.2% |
| Nov 4, 2024 | $1.14 | $1.45 | +27.1% |
Stocks like FOXA
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 FOX Fox | -2.24% | +14% | $25.1B | 15.5x | Compare |
 GOOGL Alphabet | -1.24% | +27% | $3.9T | 16.1x | Compare |
 GOOG Alphabet | -1.08% | +25% | $3.9T | 15.9x | Compare |
 META Meta Platforms | -0.96% | -12% | $1.6T | 21.9x | Compare |
 NFLX Netflix | -1.79% | -41% | $274.2B | 19.0x | Compare |
 DIS Walt Disney | -0.54% | +1% | $194.3B | 23.2x | Compare |
 VZ Verizon Communications | -1.19% | +24% | $185.6B | 11.6x | Compare |
 TMUS T-Mobile US | -7.71% | -32% | $157.2B | 15.3x | Compare |
FOXA news
- Rupert Murdoch’s 1999 Divorce Put the Empire Into a Trust His Ex-Wife Insisted On, With Her Three Children Holding Equal Votes. In 2024 He Tried to Rewrite It at 93, a Nevada Court Said No, and Last Year Her Three Kids Each Walked Away With $1.1 Billion, Because the Trust She Insisted On Held · Oct 25, 2026
- How Much Upside is Left in Fox (FOX)? Wall Street Analysts Think 30.16% · Oct 20, 2026
- ADAM CIONGOLI STEPPING DOWN AS CHIEF LEGAL & POLICY OFFICER OF FOX CORPORATION, NICHOLAS TRUTANICH TO BE NAMED GENERAL COUNSEL · Oct 19, 2026
- Will Fox (FOXA) Beat Estimates Again in Its Next Earnings Report? · Oct 19, 2026
- 1 Mid-Cap Stock on Our Buy List and 2 We Turn Down · Oct 19, 2026
FOXA stock FAQ
What is FOXA's market cap?
Fox's market capitalization is $28.08 billion as of October 23, 2026, ranking 334th in the S&P 500.
What is FOXA's P/E ratio?
FOXA trades at a trailing price-to-earnings ratio of 17.3x and a forward P/E of 11.4x. Its median P/E over the period we track is 13.6x.
Does FOXA pay a dividend?
Yes. Fox pays $0.58 per share a year, a 0.87% yield. It has raised its dividend 5 years in a row. Dividends grew 3.6% a year over the last five years.
How much has FOXA stock returned?
Including reinvested dividends, FOXA returned +14.3% over one year, +10.8% a year over five years through October 23, 2026.
Is FOXA stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Fox must grow free cash flow about 12% a year for the next decade. Its free cash flow fell 7% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the FOXA price target?
18 analysts cover FOXA with an average 12-month price target of $79.63, +20% from the current price. 63% of them rate it a buy.
When does FOXA report earnings?
Fox is expected to report earnings on November 2, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Fox have?
Fox has about 10,550 full-time employees, or $1.6 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology