What is Fox Corp's earnings per share (EPS)?

Fox Corp (FOX) reported diluted earnings per share of $4.91 for fiscal year 2025. This represents a 56.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Fox Corp Financials

FOX

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE June

This page shows Fox Corp (FOX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FOX FY2025 2026-05-11

FY2025 shows a low-capex cash engine where profit, cash flow, and shareholder payouts all strengthened without heavier leverage.

From FY2024 to FY2025, free cash flow margin jumped from 10.7% to 18.4%. With capital spending still only $331M, the revenue rebound translated into cash rather than being absorbed by reinvestment, and operating cash flow of $3.3B ran comfortably ahead of net income.

Capital returns look internally funded: cash ended FY2025 at $5.4B versus long-term debt of $6.6B, leaving only a modest net long-term debt position. Because debt to equity eased to 0.6x even after $1.0B of buybacks, distributions do not appear to be relying on a rising leverage load.

Growth did not demand more balance-sheet bulk: revenue rose 16.6% in FY2025 while accounts receivable increased only to $2.5B. At the same time, inventory fell to $432M, which helps explain why cash generation accelerated faster than sales.

Financial Health Signals

Financial Profile 49/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Fox Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Fox Corp's revenue surged 16.6% year-over-year to $16.3B, reflecting rapid business expansion. This strong growth earns a score of 41/100.

Leverage

Fox Corp carries a low D/E ratio of 0.55, meaning only $0.55 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Fox Corp's current ratio of 2.91 indicates adequate short-term liquidity, earning a score of 56/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Fox Corp has a free cash flow margin of 18.4%, earning a moderate score of 61/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Fox Corp's ROE of 19.2% shows moderate profitability relative to equity, earning a score of 47/100. This is up from 14.5% the prior year.

Piotroski F-Score Strong

7/9

Fox Corp passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.45x

For every $1 of reported earnings, Fox Corp generates $1.45 in operating cash flow ($3.3B OCF vs $2.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$16.3B

YoY+16.6%

5Y CAGR+5.8%

Fox Corp generated $16.3B in revenue in fiscal year 2025. This represents an increase of 16.6% from the prior year.

EBITDA

N/A

Net Income

$2.3B

YoY+47.6%

5Y CAGR+16.6%

Fox Corp reported $2.3B in net income in fiscal year 2025. This represents an increase of 47.6% from the prior year.

EPS (Diluted)

$4.91

YoY+56.9%

5Y CAGR+24.8%

Fox Corp earned $4.91 per diluted share (EPS) in fiscal year 2025. This represents an increase of 56.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$3.0B

YoY+100.2%

5Y CAGR+8.3%

Fox Corp generated $3.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 100.2% from the prior year.

Cash & Debt

$5.4B

YoY+23.9%

5Y CAGR+2.9%

Fox Corp held $5.4B in cash against $6.6B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

14.1%

YoY+2.9pp

5Y CAGR+5.4pp

Fox Corp's net profit margin was 14.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.9 percentage points from the prior year.

Return on Equity

19.2%

YoY+4.7pp

5Y CAGR+8.7pp

Fox Corp's ROE was 19.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$1.0B

YoY+0.0%

5Y CAGR+10.8%

Fox Corp spent $1.0B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 0.0% from the prior year.

Capital Expenditures

$331.0M

YoY-4.1%

5Y CAGR-1.6%

Fox Corp invested $331.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 4.1% from the prior year.

FOX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$16.3B+16.6%	$14.0B-6.3%	$14.9B+6.7%	$14.0B+8.3%	$12.9B+4.9%	$12.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.2B+7.1%	$2.0B-1.2%	$2.0B+6.7%	$1.9B+6.3%	$1.8B+3.8%	$1.7B
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$403.0M-0.5%	$405.0M+16.0%	$349.0M-7.4%	$377.0M-4.6%	$395.0M+7.0%	$369.0M
Income Tax	$768.0M+39.6%	$550.0M+13.9%	$483.0M+4.8%	$461.0M-35.7%	$717.0M+78.4%	$402.0M
Net Income	$2.3B+47.6%	$1.6B+24.0%	$1.3B+1.6%	$1.2B-44.0%	$2.2B+107.3%	$1.1B
EPS (Diluted)	$4.91+56.9%	$3.13+34.3%	$2.33+10.4%	$2.11-41.6%	$3.61+122.8%	$1.62

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$4.0B-22.9%	$5.2B+38.6%	$3.7B+13.7%	$3.3B-24.8%	$4.4B-13.9%	$5.1B+42.5%	$3.6B+15.3%	$3.1B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$546.0M-8.2%	$595.0M+1.0%	$589.0M-0.2%	$590.0M+7.1%	$551.0M+5.0%	$525.0M+4.6%	$502.0M-6.9%	$539.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$89.0M-25.8%	$120.0M+20.0%	$100.0M+11.1%	$90.0M-4.3%	$94.0M-19.7%	$117.0M+14.7%	$102.0M+6.3%	$96.0M
Income Tax	$61.0M-18.7%	$75.0M-60.5%	$190.0M-20.8%	$240.0M+100.0%	$120.0M-5.5%	$127.0M-54.8%	$281.0M+114.5%	$131.0M
Net Income	$175.0M-29.1%	$247.0M-59.4%	$609.0M-15.3%	$719.0M+103.1%	$354.0M-8.8%	$388.0M-53.4%	$832.0M+160.0%	$320.0M
EPS (Diluted)	$0.38-26.9%	$0.52-60.6%	$1.32	N/A	$0.75-7.4%	$0.81-54.5%	$1.78	N/A

FOX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$23.2B+5.6%	$22.0B+0.5%	$21.9B-1.4%	$22.2B-3.2%	$22.9B+5.4%	$21.8B
Current Assets	$8.4B+12.4%	$7.5B+3.4%	$7.3B-12.4%	$8.3B-5.3%	$8.7B+16.9%	$7.5B
Cash & Equivalents	$5.4B+23.9%	$4.3B+1.1%	$4.3B-17.8%	$5.2B-11.7%	$5.9B+26.7%	$4.6B
Inventory	$432.0M-31.0%	$626.0M+15.3%	$543.0M-31.4%	$791.0M+8.5%	$729.0M-14.8%	$856.0M
Accounts Receivable	$2.5B+4.6%	$2.4B+8.6%	$2.2B+2.3%	$2.1B+4.9%	$2.0B+7.5%	$1.9B
Goodwill	$3.6B+2.7%	$3.5B-0.4%	$3.6B+0.1%	$3.6B+3.5%	$3.4B+0.8%	$3.4B
Total Liabilities	$11.2B-0.2%	$11.3B-2.0%	$11.5B+5.9%	$10.8B-8.1%	$11.8B+1.3%	$11.7B
Current Liabilities	$2.9B-1.9%	$3.0B-21.6%	$3.8B+63.9%	$2.3B-23.5%	$3.0B+57.5%	$1.9B
Long-Term Debt	$6.6B+0.1%	$6.6B+10.7%	$6.0B-17.3%	$7.2B+0.1%	$7.2B-9.4%	$7.9B
Total Equity	$12.0B+11.6%	$10.7B+3.2%	$10.4B-8.5%	$11.3B+1.9%	$11.1B+10.2%	$10.1B
Retained Earnings	$4.5B+42.7%	$3.1B+38.3%	$2.3B-7.8%	$2.5B+24.2%	$2.0B+194.1%	$674.0M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$21.8B+1.5%	$21.5B-5.7%	$22.8B-1.8%	$23.2B-0.7%	$23.4B+1.5%	$23.0B+2.1%	$22.5B+2.6%	$22.0B
Current Assets	$7.5B+12.1%	$6.7B-15.6%	$8.0B-5.5%	$8.4B-3.7%	$8.7B+6.2%	$8.2B+5.7%	$7.8B+3.9%	$7.5B
Cash & Equivalents	$3.6B+78.5%	$2.0B-53.8%	$4.4B-18.4%	$5.4B+11.1%	$4.8B+44.9%	$3.3B-18.0%	$4.1B-6.2%	$4.3B
Inventory	$652.0M-21.3%	$828.0M+62.7%	$509.0M+17.8%	$432.0M-5.1%	$455.0M-61.1%	$1.2B+47.3%	$795.0M+27.0%	$626.0M
Accounts Receivable	$2.9B-17.1%	$3.6B+26.6%	$2.8B+13.7%	$2.5B-24.0%	$3.3B-6.9%	$3.5B+30.0%	$2.7B+13.7%	$2.4B
Goodwill	$3.6B+0.2%	$3.6B0.0%	$3.6B-0.1%	$3.6B0.0%	$3.6B+2.7%	$3.5B-0.1%	$3.5B+0.1%	$3.5B
Total Liabilities	$10.8B+2.6%	$10.5B-0.1%	$10.6B-6.0%	$11.2B-5.1%	$11.8B+2.7%	$11.5B+2.4%	$11.3B0.0%	$11.3B
Current Liabilities	$2.6B+7.7%	$2.4B-1.8%	$2.5B-15.1%	$2.9B-18.8%	$3.6B+8.2%	$3.3B+9.7%	$3.0B+1.8%	$3.0B
Long-Term Debt	$6.6B0.0%	$6.6B0.0%	$6.6B0.0%	$6.6B0.0%	$6.6B0.0%	$6.6B0.0%	$6.6B0.0%	$6.6B
Total Equity	$11.0B+0.4%	$10.9B-10.5%	$12.2B+2.1%	$12.0B+3.8%	$11.5B+0.3%	$11.5B+1.9%	$11.3B+5.2%	$10.7B
Retained Earnings	$3.8B+1.4%	$3.8B-20.7%	$4.8B+6.5%	$4.5B+12.0%	$4.0B+1.3%	$3.9B+5.8%	$3.7B+19.0%	$3.1B

FOX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$3.3B+80.7%	$1.8B+2.2%	$1.8B-4.5%	$1.9B-28.6%	$2.6B+11.6%	$2.4B
Capital Expenditures	$331.0M-4.1%	$345.0M-3.4%	$357.0M+16.3%	$307.0M-36.6%	$484.0M+34.8%	$359.0M
Free Cash Flow	$3.0B+100.2%	$1.5B+3.6%	$1.4B-8.5%	$1.6B-26.8%	$2.2B+7.4%	$2.0B
Investing Cash Flow	-$537.0M-18.8%	-$452.0M-3.2%	-$438.0M+14.6%	-$513.0M+2.8%	-$528.0M+52.0%	-$1.1B
Financing Cash Flow	-$1.8B-30.9%	-$1.3B+41.4%	-$2.3B-11.3%	-$2.1B-136.4%	-$870.0M-695.9%	$146.0M
Dividends Paid	$277.0M-1.4%	$281.0M-6.0%	$299.0M-2.6%	$307.0M-7.0%	$330.0M-1.5%	$335.0M
Share Buybacks	$1.0B0.0%	$1.0B-50.0%	$2.0B+100.0%	$1.0B-0.1%	$1.0B+66.8%	$600.0M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	$1.9B+384.3%	-$669.0M-414.6%	-$130.0M-108.6%	$1.5B-24.9%	$2.0B+656.6%	-$362.0M-329.1%	$158.0M-82.4%	$899.0M
Capital Expenditures	$135.0M+10.7%	$122.0M+17.3%	$104.0M-12.6%	$119.0M+60.8%	$74.0M0.0%	$74.0M+15.6%	$64.0M-42.9%	$112.0M
Free Cash Flow	$1.8B+323.4%	-$791.0M-238.0%	-$234.0M-116.8%	$1.4B-28.2%	$1.9B+545.2%	-$436.0M-563.8%	$94.0M-88.1%	$787.0M
Investing Cash Flow	-$150.0M-8.7%	-$138.0M+45.9%	-$255.0M-96.2%	-$130.0M+22.2%	-$167.0M-3.1%	-$162.0M-107.7%	-$78.0M+39.1%	-$128.0M
Financing Cash Flow	-$168.0M+89.1%	-$1.5B-158.2%	-$598.0M+29.4%	-$847.0M-138.6%	-$355.0M-72.3%	-$206.0M+40.6%	-$347.0M-42.8%	-$243.0M
Dividends Paid	$128.0M+1322.2%	$9.0M-93.5%	$138.0M+1280.0%	$10.0M-92.5%	$133.0M+4333.3%	$3.0M-97.7%	$131.0M+1355.6%	$9.0M
Share Buybacks	$100.0M-93.5%	$1.6B+520.0%	$250.0M0.0%	$250.0M0.0%	$250.0M0.0%	$250.0M0.0%	$250.0M0.0%	$250.0M

FOX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	14.1%+2.9pp	11.1%+2.7pp	8.4%-0.4pp	8.8%-8.2pp	17.1%+8.4pp	8.6%
Return on Equity	19.2%+4.7pp	14.5%+2.4pp	12.1%+1.2pp	10.9%-8.9pp	19.8%+9.3pp	10.5%
Return on Assets	9.9%+2.8pp	7.1%+1.3pp	5.7%+0.2pp	5.6%-4.0pp	9.6%+4.7pp	4.9%
Current Ratio	2.91+0.4	2.54+0.6	1.93-1.7	3.61+0.7	2.91-1.0	3.93
Debt-to-Equity	0.55-0.1	0.62+0.0	0.57-0.1	0.64-0.0	0.65-0.1	0.79
FCF Margin	18.4%+7.7pp	10.7%+1.0pp	9.7%-1.6pp	11.3%-5.4pp	16.7%+0.4pp	16.3%

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	4.4%-0.4pp	4.8%-11.5pp	16.3%-5.6pp	21.9%+13.8pp	8.1%+0.5pp	7.6%-15.7pp	23.3%+13.0pp	10.3%
Return on Equity	1.6%-0.7pp	2.3%-2.7pp	5.0%-1.0pp	6.0%+2.9pp	3.1%-0.3pp	3.4%-4.0pp	7.4%+4.4pp	3.0%
Return on Assets	0.8%-0.3pp	1.1%-1.5pp	2.7%-0.4pp	3.1%+1.6pp	1.5%-0.2pp	1.7%-2.0pp	3.7%+2.2pp	1.5%
Current Ratio	2.90+0.1	2.78-0.5	3.24+0.3	2.91+0.5	2.45-0.0	2.50-0.1	2.59+0.1	2.54
Debt-to-Equity	0.600.0	0.60+0.1	0.54-0.0	0.55-0.0	0.570.0	0.57-0.0	0.59-0.0	0.62
FCF Margin	44.2%+59.5pp	-15.3%-9.0pp	-6.3%-48.7pp	42.4%-2.0pp	44.4%+53.0pp	-8.6%-11.2pp	2.6%-22.8pp	25.4%

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Frequently Asked Questions

What is Fox Corp's annual revenue?

Fox Corp (FOX) reported $16.3B in total revenue for fiscal year 2025. This represents a 16.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Fox Corp's revenue growing?

Fox Corp (FOX) revenue grew by 16.6% year-over-year, from $14.0B to $16.3B in fiscal year 2025.

Is Fox Corp profitable?

Yes, Fox Corp (FOX) reported a net income of $2.3B in fiscal year 2025, with a net profit margin of 14.1%.

How much debt does Fox Corp have?

As of fiscal year 2025, Fox Corp (FOX) had $5.4B in cash and equivalents against $6.6B in long-term debt.

What is Fox Corp's net profit margin?

Fox Corp (FOX) had a net profit margin of 14.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Fox Corp's return on equity (ROE)?

Fox Corp (FOX) has a return on equity of 19.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Fox Corp's free cash flow?

Fox Corp (FOX) generated $3.0B in free cash flow during fiscal year 2025. This represents a 100.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Fox Corp's operating cash flow?

Fox Corp (FOX) generated $3.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Fox Corp's total assets?

Fox Corp (FOX) had $23.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Fox Corp's capital expenditures?

Fox Corp (FOX) invested $331.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Fox Corp buy back shares?

Yes, Fox Corp (FOX) spent $1.0B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Fox Corp's current ratio?

Fox Corp (FOX) had a current ratio of 2.91 as of fiscal year 2025, which is generally considered healthy.

What is Fox Corp's debt-to-equity ratio?

Fox Corp (FOX) had a debt-to-equity ratio of 0.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Fox Corp's return on assets (ROA)?

Fox Corp (FOX) had a return on assets of 9.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Fox Corp's Piotroski F-Score?

Fox Corp (FOX) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Fox Corp's earnings high quality?

Fox Corp (FOX) has an earnings quality ratio of 1.45x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Fox Corp?

Fox Corp (FOX) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.