Fox Corp. (FOXA) intrinsic value & 10-year financials
Fox Corp. (FOXA) has a Graham intrinsic value of $77.27 per share. At $64.15 on Oct 17, 2026, the stock trades 17% below that value. Over the last 10 fiscal years revenue grew 6.4% a year to $16.3B, with an average return on invested capital of 15.4%.
- Graham intrinsic value
- $77.27
- Share price (Oct 17, 2026)
- $64.15
- Price vs Graham value
- 17% below
- Market cap
- $29.6B
- Revenue (FY2025)
- $16.3B
- Revenue growth (10-yr CAGR)
- 6.4%
- ROIC (10-yr avg)
- 15.4%
- Free cash flow (FY2025)
- $3.0B
FOXA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $16.3B | $2.3B | $4.91 | $3.0B | — | 16.1% |
| FY2024 | $14.0B | $1.6B | $3.13 | $1.5B | — | 10.8% |
| FY2023 | $14.9B | $1.3B | $2.33 | $1.4B | — | 9.0% |
| FY2022 | $14.0B | $1.2B | $2.11 | $1.6B | — | 9.0% |
| FY2021 | $12.9B | $2.2B | $3.61 | $2.2B | — | 16.0% |
| FY2020 | $12.3B | $1.1B | $1.62 | $2.0B | — | 7.8% |
| FY2019 | $11.4B | $1.6B | $2.57 | $2.3B | — | 16.0% |
| FY2018 | $10.2B | $2.2B | $3.52 | $1.1B | — | 31.4% |
| FY2017 | $9.9B | $1.4B | — | $1.5B | — | 22.6% |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Fox Corporation (Class A) revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Fox Corporation (Class A) has earned high returns on invested capital, averaging 15.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Fox Corporation (Class A) capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Fox Corporation (Class A) is modeled at 4.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $77.27 per share.