Fox (FOX) stock
Communication Services · Broadcasting
Fox (FOX) is a Broadcasting company in the Communication Services sector, headquartered in New York City, New York. As of October 23, 2026, FOX closed at $59.46, a market capitalization of $25.07 billion, the 361st 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 15.5x trailing earnings and 9.7x forward earnings.
- 1-year total return: +13.7% (dividends reinvested)
- 5-year return: +10.0% a year
- 52-week range: $44.08 – $68.17
- Gross margin 36.6%, operating margin 25.2%
- Dividend yield: 0.98%, 5 straight years of increases
- FI Handbook report card: B across 9 metrics
- 18th largest of 22 Communication Services stocks in the S&P 500
FOX price chart
1Y price change: +12.5% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| FOX | +4.4% | -7.5% | +13.7% | +30.0% | +10.0% | — | +7.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2019.
FOX key statistics
- Market cap
- $25.1B
- #361 in S&P 500
- P/E (TTM)
- 15.5x
- Forward P/E
- 9.7x
- 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
- 0.98%
- 52-week range
- $44.08 – $68.17
- Beta
- 0.61
- Price / sales
- 1.5x
- EV / EBITDA
- 7.3x
- Debt / equity
- 0.64x
- Employees
- 10,550
FOX 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/E9.7xA
- PEG ratio——
- Shareholder yield9.0%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 FOX?
A reverse DCF asks what growth the current price requires. With an enterprise value of $28.4B and $1.5B of trailing free cash flow, Fox needs to grow free cash flow about 9.8% 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 15.5x vs. median 12.8x (10th–90th percentile 9.9x–17.3x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
FOX dividend
- Dividend yield
- 0.98%
- 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.
FOX 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 | $1.36 | $1.79 | +31.6% |
| May 11, 2026 | $1.08 | $1.32 | +22.2% |
| Feb 4, 2026 | $0.54 | $0.82 | +51.9% |
| Oct 30, 2025 | $1.09 | $1.51 | +38.5% |
| Aug 5, 2025 | $1.04 | $1.27 | +22.1% |
| May 12, 2025 | $0.87 | $1.10 | +26.4% |
| Feb 4, 2025 | $0.62 | $0.96 | +54.8% |
| Nov 4, 2024 | $1.15 | $1.45 | +26.1% |
Stocks like FOX
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 FOXA Fox | -2.45% | +14% | $28.1B | 17.3x | 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 |
FOX news
- The massive risk hiding inside your S&P 500 index fund · Oct 21, 2026
- Why Is Fox (FOXA) Recasting Its Top Legal Team Now? · Oct 22, 2026
- If Park Visitors Pull Back, What Happens To Your Disney Stock? · Oct 22, 2026
- How Much Upside is Left in Fox (FOX)? Wall Street Analysts Think 30.16% · Oct 20, 2026
- Is TKO Stock Really Expensive? · Oct 20, 2026
FOX stock FAQ
What is FOX's market cap?
Fox's market capitalization is $25.07 billion as of October 23, 2026, ranking 361st in the S&P 500.
What is FOX's P/E ratio?
FOX trades at a trailing price-to-earnings ratio of 15.5x and a forward P/E of 9.7x. Its median P/E over the period we track is 12.8x.
Does FOX pay a dividend?
Yes. Fox pays $0.58 per share a year, a 0.98% 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 FOX stock returned?
Including reinvested dividends, FOX returned +13.7% over one year, +10.0% a year over five years through October 23, 2026.
Is FOX 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 10% 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.
When does FOX 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