Fox Corporation (FOXA) Stock

About Fox Corporation

Fox Corporation (FOXA) is a prominent U.S.-based media entity, primarily engaged in the creation and distribution of news, sports, and entertainment content. Its operational framework is divided into three main segments: Cable Network Programming, Television, and a category for "Other, Corporate and Eliminations." The Cable Network Programming segment is dedicated to developing and licensing a broad spectrum of news, business news, and sports programming. This content is distributed predominantly within the U.S. via both traditional and digital multi-channel video providers (MVPDs), as well as various online platforms. This division includes well-known channels such as the national cable news outlet FOX News and the business news channel FOX Business. Sports enthusiasts are served by multi-sport networks like FS1 and FS2, niche offerings such as FOX Sports Racing (focused on motor sports), FOX Soccer Plus (for live soccer and rugby), and the Spanish-language FOX Deportes, alongside the Big Ten Network. Fox's Television division is responsible for acquiring, producing, marketing, and broadcasting various programs. Key components of this segment include the national FOX broadcast network, recognized for its sports and entertainment lineup; Tubi, an advertising-supported video-on-demand streaming service; Fox Alternative Entertainment, a production studio specializing in unscripted and alternative shows; MyNetworkTV, a programming syndication service; and Blockchain Creative Labs, which focuses on developing and monetizing Web3 content. This segment also holds ownership and operating rights for 29 local broadcast television stations. Lastly, the "Other, Corporate and Eliminations" segment primarily manages the FOX Studios Lot in Los Angeles, California. This extensive facility offers comprehensive production and post-production amenities, featuring 15 sound stages, two broadcast studios, various theaters, screening rooms, editing suites, and numerous other resources vital for television and film productions. The company was established in 2018 and maintains its corporate headquarters in New York, New York.

Fox Corporation is led by CEO Lachlan Keith Murdoch, employs 10,200 people, headquartered in New York City, US, publicly traded since 2019.

Fox Corporation (FOXA) stock trades at $56.64 with a market capitalization of $24.84B. The stock is valued at a price-to-earnings (P/E) ratio of 12.80, price-to-book of 2.34, price-to-sales of 1.59. Over the past 52 weeks the stock has ranged between $48.48 and $76.39, and currently trades 25.9% below its 52-week high.

On profitability, Fox Corporation generates a return on equity (ROE) of 18.92%, above the typical market average, return on capital employed of 26.14%, an operating margin of 19.81%, a net profit margin of 10.56%.

In its most recent fiscal year, Fox Corporation reported annual revenue of $16.3B, net profit of $2.3B, revenue has compounded at 5.8% a year over the last five years, profit at 17.8% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.60, a current ratio of 2.91, total assets of $23.2B, $5.4B in cash and equivalents.

FOXA has an average daily trading volume of 5,861,761 shares, a beta of 0.52 (less volatile than the overall market).

Official website: www.foxcorporation.com