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Fox Corp (FOX) Fundamental Analysis & AI Grade 2026

FOX Nasdaq Television Broadcasting Stations DE CIK: 0001754301
Updated This Month • Analysis: May 13, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
73% Confidence
STRONG AGREEMENT
B
68% Conf
B
78% Conf

📊 FOX Key Takeaways

Revenue: $12.9B
Net Margin: 7.7%
Free Cash Flow: $742.0M
Current Ratio: 2.90x
Debt/Equity: 0.60x
EPS: $2.24
AI Grade: B with 68% confidence
Fox Corp (FOX) receives a B fundamental grade with 73% confidence from our AI analysis based on SEC 10-K filings. With revenue of $12.9B, net profit margin of 7.7%, and return on equity (ROE) of 9.1%, Fox Corp demonstrates mixed fundamentals in the Telecom sector. Below is our complete FOX stock analysis for 2026.

Is Fox Corp (FOX) a Good Investment?

Claude

Fox demonstrates strong revenue growth (+16.6% YoY) and solid free cash flow generation ($742M) supported by a conservative balance sheet with 0.60x debt/equity. However, net income declined 1.3% YoY despite robust top-line growth, signaling margin compression that raises concerns about operational efficiency and cost control in a structurally declining broadcasting industry.

ChatGPT

Fox shows solid top-line momentum and still produces respectable operating profitability, supported by a healthy liquidity position and manageable leverage. However, the quality of that growth is weakened by sharply negative operating cash flow and free cash flow, while modest interest coverage limits financial flexibility. Fundamentally, the business looks stable but not strong enough to outweigh the cash generation concerns.

Fox Corp Key Strengths (FOX)

Claude
  • + Strong revenue growth of 16.6% YoY in mature broadcasting sector demonstrates competitive positioning and pricing power
  • + Solid free cash flow generation of $742M (5.7% FCF margin) provides cash for debt service and shareholder returns
  • + Conservative balance sheet with 0.60x debt/equity, strong liquidity ratios (2.90x current, 2.65x quick), and $3.6B cash providing financial flexibility
ChatGPT
  • + Revenue growth of 16.6% year over year indicates strong recent business momentum
  • + Operating margin of 12.6% and net margin of 9.3% show the company remains meaningfully profitable
  • + Current ratio of 2.78x, quick ratio of 2.44x, and debt/equity of 0.60x point to solid near-term financial health

FOX Stock Risks: Fox Corp Investment Risks

Claude
  • ! Net income declined 1.3% YoY despite 16.6% revenue growth indicating margin compression from rising costs or operational inefficiencies
  • ! Modest returns on capital (9.1% ROE, 4.6% ROA) suggest inefficient capital deployment and limited value creation
  • ! Broadcasting sector faces secular headwinds from cord-cutting and streaming competition threatening long-term revenue sustainability
ChatGPT
  • ! Operating cash flow of negative $799M and free cash flow of negative $1.02B suggest weak cash conversion and lower earnings quality
  • ! Interest coverage of 3.6x is adequate but not especially strong for a cyclical media business
  • ! Net income declined 1.3% year over year despite strong revenue growth, which may indicate rising costs or lower underlying efficiency

Key Metrics to Watch

Claude
  • * Operating margin trend - stability or reversal of compression indicated by flat net income despite revenue growth
  • * Free cash flow sustainability - monitor if FCF generation can be maintained amid rising cost pressures
  • * Interest coverage ratio - watch for deterioration below 4.0x if profitability pressures intensify
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Interest coverage and debt servicing capacity

Fox Corp (FOX) Financial Metrics & Key Ratios

Revenue
$12.9B
Net Income
$994.0M
EPS (Diluted)
$2.24
Free Cash Flow
$742.0M
Total Assets
$21.8B
Cash Position
$3.6B

💡 AI Analyst Insight

Strong liquidity with a 2.90x current ratio provides a solid financial cushion.

FOX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 10.5%
Net Margin 7.7%
ROE 9.1%
ROA 4.6%
FCF Margin 5.7%

FOX vs Telecom Sector: How Fox Corp Compares

How Fox Corp compares to Telecom sector averages

Net Margin
FOX 7.7%
vs
Sector Avg 14.0%
FOX Sector
ROE
FOX 9.1%
vs
Sector Avg 15.0%
FOX Sector
Current Ratio
FOX 2.9x
vs
Sector Avg 1.0x
FOX Sector
Debt/Equity
FOX 0.6x
vs
Sector Avg 1.2x
FOX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Fox Corp Stock Overvalued? FOX Valuation Analysis 2026

Based on fundamental analysis, Fox Corp has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
9.1%
Sector avg: 15%
Net Profit Margin
7.7%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.60x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Fox Corp Balance Sheet: FOX Debt, Cash & Liquidity

Current Ratio
2.90x
Quick Ratio
2.65x
Debt/Equity
0.60x
Debt/Assets
0.0%
Interest Coverage
4.39x
Long-term Debt
$6.6B

FOX Revenue & Earnings Growth: 5-Year Financial Trend

FOX 5-year financial data: Year 2022: Revenue $14.0B, Net Income $1.1B, EPS $1.62. Year 2023: Revenue $14.9B, Net Income $2.2B, EPS $3.61. Year 2024: Revenue $14.9B, Net Income $1.2B, EPS $2.11. Year 2025: Revenue $16.3B, Net Income $1.3B, EPS $2.33.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Fox Corp's revenue has grown significantly by 17% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.33 reflects profitable operations.

FOX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.7%
Free cash flow / Revenue

FOX Quarterly Earnings & Performance

Quarterly financial performance data for Fox Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $4.0B $175.0M $0.38
Q2 2026 $5.1B $247.0M $0.52
Q1 2026 $3.6B $609.0M $1.32
Q3 2025 $3.4B $354.0M $0.75
Q2 2025 $4.2B $115.0M $0.23
Q1 2025 $3.2B $415.0M $0.82
Q3 2024 $3.4B -$50.0M $-0.10
Q2 2024 $4.2B $115.0M $0.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Fox Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.1B
Cash generated from operations
Stock Buybacks
$1.9B
Shares repurchased (TTM)
Capital Expenditures
$361.0M
Investment in assets
Dividends Paid
$275.0M
Returned to shareholders

FOX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Fox Corp (CIK: 0001754301)

📋 Recent SEC Filings

Date Form Document Action
May 11, 2026 10-Q fox-20260331.htm View →
May 11, 2026 8-K fox-20260511.htm View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775160907.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774560219.xml View →
Mar 26, 2026 4 xslF345X06/wk-form4_1774560158.xml View →

Frequently Asked Questions about FOX

What is the AI rating for FOX?

Fox Corp (FOX) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FOX's key strengths?

Claude: Strong revenue growth of 16.6% YoY in mature broadcasting sector demonstrates competitive positioning and pricing power. Solid free cash flow generation of $742M (5.7% FCF margin) provides cash for debt service and shareholder returns. ChatGPT: Revenue growth of 16.6% year over year indicates strong recent business momentum. Operating margin of 12.6% and net margin of 9.3% show the company remains meaningfully profitable.

What are the risks of investing in FOX?

Claude: Net income declined 1.3% YoY despite 16.6% revenue growth indicating margin compression from rising costs or operational inefficiencies. Modest returns on capital (9.1% ROE, 4.6% ROA) suggest inefficient capital deployment and limited value creation. ChatGPT: Operating cash flow of negative $799M and free cash flow of negative $1.02B suggest weak cash conversion and lower earnings quality. Interest coverage of 3.6x is adequate but not especially strong for a cyclical media business.

What is FOX's revenue and growth?

Fox Corp reported revenue of $12.9B.

Does FOX pay dividends?

Fox Corp pays dividends, with $275.0M distributed to shareholders in the trailing twelve months.

Where can I find FOX SEC filings?

Official SEC filings for Fox Corp (CIK: 0001754301) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FOX's EPS?

Fox Corp has a diluted EPS of $2.24.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is FOX's fundamental grade?

Based on our AI fundamental analysis in June 2026, Fox Corp has a B grade with 73% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is FOX stock overvalued or undervalued?

Valuation metrics for FOX: ROE of 9.1% (sector avg: 15%), net margin of 7.7% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

What is FOX's AI grade for 2026?

Our dual AI analysis gives Fox Corp a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FOX's free cash flow?

Fox Corp's operating cash flow is $1.1B, with capital expenditures of $361.0M. FCF margin is 5.7%.

How does FOX compare to other Telecom stocks?

Vs Telecom sector averages: Net margin 7.7% (avg: 14%), ROE 9.1% (avg: 15%), current ratio 2.90 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 13, 2026 | Data as of: 2026-03-31 | Powered by Claude AI