Cash flow Fox Corporation Deutsche Boerse AG

Stocks

FO5B

US35137L2043

Broadcasting

Market Closed - Deutsche Boerse AG 08:19:42 14/08/2026 BST			5-day change	1st Jan Change
49.80 ^EUR	+3.32%		+11.16%	-8.62%

08-14	S&P Logs Third Consecutive Weekly Gain Despite Pullback From Record High	MT
08-14	Fox Shares Rise After JPMorgan, Wells Fargo Upgrades	MT

f1e37ec581020cf.zgGb0qhvONV2UK8WEvhhjBOf9jH2ysWONb3cOKuWg1g.90zCgpEweYUiJN9ZWpQToUb0tViji6b4dN-4fMfFshqARfOinCd1rRM4lw

Published financial data: FOX CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2022	2023	2024	2025	2026
Revenues	13.97B	14.91B	13.98B	16.3B	17.13B
Total Revenues	13.97B	14.91B	13.98B	16.3B	17.13B
Cost of Goods Sold, Total	9.12B	9.69B	9.09B	10.52B	10.85B
Gross Profit	4.86B	5.22B	4.89B	5.78B	6.27B
Selling General & Admin Expenses, Total	1.94B	2.08B	2.05B	2.18B	2.38B
Depreciation & Amortization - (IS)	363M	411M	389M	385M	410M
Other Operating Expenses	-	-	10M	91M	13M
Other Operating Expenses, Total	2.3B	2.49B	2.45B	2.65B	2.8B
Operating Income	2.56B	2.73B	2.44B	3.13B	3.47B
Interest Expense, Total	-377M	-349M	-405M	-403M	-401M
Interest And Investment Income	6M	131M	189M	176M	127M
Net Interest Expenses	-371M	-218M	-216M	-227M	-274M
Income (Loss) On Equity Invest.	-	-	-44M	-29M	-20M
Other Non Operating Income (Expenses)	-25M	-58M	2M	-1M	-1M
EBT, Excl. Unusual Items	2.16B	2.46B	2.18B	2.87B	3.18B
Restructuring Charges	-	-111M	-13M	-35M	-64M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-386M	403M	-189M	449M	-761M
Gain (Loss) On Sale Of Assets	-	-	166M	-	-
Asset Writedown	-	-	-	-68M	-64M
Legal Settlements	-81M	-1.01B	-44M	-156M	-10M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	1.69B	1.74B	2.1B	3.06B	2.28B
Income Tax Expense	461M	483M	550M	768M	551M
Earnings From Continuing Operations	1.23B	1.25B	1.55B	2.29B	1.73B
Net Income to Company	1.23B	1.25B	1.55B	2.29B	1.73B
Minority Interest	-28M	-14M	-53M	-30M	-42M
Net Income - (IS)	1.2B	1.24B	1.5B	2.26B	1.68B
Net Income to Common Incl Extra Items	1.2B	1.24B	1.5B	2.26B	1.68B
Net Income to Common Excl. Extra Items	1.2B	1.24B	1.5B	2.26B	1.68B
Per Share Items
Net EPS - Basic	2.13	2.34	3.14	4.97	3.91
Basic EPS - Continuing Operations	2.13	2.34	3.14	4.97	3.91
Basic Weighted Average Shares Outstanding	566M	529M	478M	455M	431M
Net EPS - Diluted	2.11	2.33	3.13	4.91	3.84
Diluted EPS - Continuing Operations	2.11	2.33	3.13	4.91	3.84
Diluted Weighted Average Shares Outstanding	570M	531M	480M	461M	439M
Normalized Basic EPS	2.34	2.87	2.74	3.88	4.51
Normalized Diluted EPS	2.32	2.86	2.73	3.83	4.43
Dividend Per Share	0.48	0.5	0.52	0.54	0.56
Payout Ratio	25.48	24.13	18.72	12.24	17.03
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	2.94B	3.16B	2.85B	3.52B	3.88B
EBITA	2.64B	2.82B	2.5B	3.17B	3.51B
EBIT	2.56B	2.73B	2.44B	3.13B	3.47B
EBITDAR	3.07B	3.3B	2.99B	3.67B	4.03B
Effective Tax Rate - (Ratio)	27.21	27.82	26.14	25.09	24.19
Current Domestic Taxes	119M	162M	347M	604M	267M
Current Foreign Taxes	-	-	-	-	13M
Total Current Taxes	119M	162M	347M	604M	280M
Deferred Domestic Taxes	342M	321M	203M	164M	273M
Deferred Foreign Taxes	-	-	-	-	-2M
Total Deferred Taxes	342M	321M	203M	164M	271M
Normalized Net Income	1.32B	1.52B	1.31B	1.76B	1.94B
Non-Cash Pension Expense	14M	35M	28M	12M	12M
Supplemental Operating Expense Items
Advertising Expense	708M	680M	646M	-	895M
Net Rental Expense, Total	128M	145M	147M	146M	146M
Imputed Operating Lease Interest Expense	47.75M	50.84M	58.23M	60.28M	62.31M
Imputed Operating Lease Depreciation	80.25M	94.16M	88.77M	85.72M	83.69M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	102M	74M	90M	135M	132M
Total Stock-Based Compensation	102M	74M	90M	135M	132M

Fiscal Period: June	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	5.2B	4.27B	4.32B	5.35B	4.2B
Total Cash And Short Term Investments	5.2B	4.27B	4.32B	5.35B	4.2B
Accounts Receivable, Total	2.13B	2.18B	2.36B	2.47B	3.46B
Total Receivables	2.13B	2.18B	2.36B	2.47B	3.46B
Other Current Assets, Total	953M	808M	818M	606M	793M
Total Current Assets	8.28B	7.26B	7.5B	8.43B	8.45B
Gross Property Plant And Equipment	3.89B	4.62B	4.77B	4.89B	5.24B
Accumulated Depreciation	-1.73B	-1.97B	-2.17B	-2.37B	-2.55B
Net Property Plant And Equipment	2.16B	2.66B	2.6B	2.52B	2.69B
Long-term Investments	578M	1.03B	1.13B	1.62B	965M
Goodwill	3.55B	3.56B	3.54B	3.64B	3.65B
Other Intangibles, Total	3.68B	3.73B	3.75B	3.71B	3.72B
Deferred Tax Assets Long-Term	3.44B	3.09B	2.88B	2.72B	2.44B
Other Long-Term Assets, Total	495M	545M	570M	555M	566M
Total Assets	22.18B	21.87B	21.97B	23.2B	22.48B
Liabilities
Accounts Payable, Total	302M	469M	408M	406M	345M
Accrued Expenses, Total	992M	1.03B	1.01B	1.08B	1.2B
Current Portion of Long-Term Debt	-	1.25B	599M	-	-
Current Portion of Leases	107M	72M	76M	41M	45M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	209M	160M	180M	299M	272M
Other Current Liabilities	686M	785M	683M	1.07B	801M
Total Current Liabilities	2.3B	3.76B	2.95B	2.9B	2.67B
Long-Term Debt	7.21B	5.96B	6.6B	6.6B	6.61B
Long-Term Leases	405M	925M	879M	822M	917M
Pension & Other Post Retirement Benefits	447M	361M	276M	276M	263M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	268M	198M	211M	243M	215M
Total Liabilities	10.62B	11.21B	10.92B	10.84B	10.67B
Common Stock, Total	6M	5M	4M	4M	4M
Additional Paid In Capital	9.1B	8.25B	7.68B	7.6B	7.27B
Retained Earnings	2.46B	2.27B	3.14B	4.48B	4.46B
Comprehensive Income and Other	-226M	-149M	-107M	-124M	-107M
Total Common Equity	11.34B	10.38B	10.71B	11.96B	11.63B
Minority Interest	224M	280M	342M	393M	186M
Total Equity	11.56B	10.66B	11.06B	12.36B	11.81B
Total Liabilities And Equity	22.18B	21.87B	21.97B	23.2B	22.48B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	549M	489M	460M	446M	420M
ECS Total Common Shares Outstanding	551M	498M	461M	446M	420M
Book Value / Share	20.59	20.82	23.23	26.8	27.71
Tangible Book Value	4.11B	3.09B	3.42B	4.61B	4.27B
Tangible Book Value Per Share	7.46	6.2	7.41	10.33	10.17
Total Debt	7.72B	8.21B	8.15B	7.46B	7.57B
Net Debt	2.52B	3.94B	3.83B	2.11B	3.36B
Debt Equivalent of Unfunded Proj. Benefit Obligation	402M	319M	228M	251M	225M
Debt Equivalent Oper. Leases	1.02B	1.16B	1.18B	1.17B	1.17B
Minority Interest, Total (Incl. Fin. Div)	224M	280M	342M	393M	186M
Account Code - Inventory Valuation	3	3	3	3	3
Film Contract & Broadcasting Rights - Long-Term, Total	521M	642M	712M	742M	845M
Land - (BS)	199M	205M	206M	206M	205M
Buildings, Total	1.28B	1.32B	1.37B	1.46B	1.52B
Machinery, Total	1.74B	1.9B	2B	2.13B	2.35B
Full Time Employees	10.6K	10.4K	10.2K	10.4K	10.55K
Accumulated Allowance for Doubtful Accounts (Supple)	54M	44M	44M	50M	61M

Fiscal Period: June	2022	2023	2024	2025	2026
Net Income	1.2B	1.24B	1.5B	2.26B	1.68B
Depreciation & Amortization - CF	297M	337M	344M	350M	373M
Amortization of Goodwill and Intangible Assets - (CF)	84M	90M	61M	45M	37M
Depreciation & Amortization, Total	381M	427M	405M	395M	410M
(Gain) Loss From Sale Of Asset	-	-	-166M	-	-
(Gain) Loss on Sale of Investments - (CF)	386M	-403M	189M	-449M	761M
Asset Writedown & Restructuring Costs	-	111M	67M	267M	128M
(Income) Loss On Equity Investments - (CF)	-	-	44M	42M	52M
Stock-Based Compensation (CF)	102M	74M	90M	135M	132M
Other Operating Activities, Total	493M	622M	280M	205M	348M
Change In Accounts Receivable	-79M	-104M	-172M	-95M	-1.06B
Change In Inventories	-301M	145M	-303M	521M	-493M
Change In Accounts Payable	-54M	-68M	-1M	89M	66M
Change in Other Net Operating Assets	-249M	-243M	-94M	-49M	-64M
Cash from Operations	1.88B	1.8B	1.84B	3.32B	1.97B
Capital Expenditure	-307M	-357M	-345M	-331M	-502M
Cash Acquisitions	-243M	-	-	-97M	-8M
Divestitures	83M	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-28M	-54M	-103M	-79M	-178M
Other Investing Activities, Total	-18M	-27M	-4M	-30M	-17M
Cash from Investing	-513M	-438M	-452M	-537M	-705M
Long-Term Debt Issued, Total	-	-	1.23B	-	-
Total Debt Issued	-	-	1.23B	-	-
Long-Term Debt Repaid, Total	-750M	-	-1.25B	-600M	-
Total Debt Repaid	-750M	-	-1.25B	-600M	-
Repurchase of Common Stock	-1B	-2B	-1B	-1B	-2B
Common Dividends Paid	-307M	-299M	-281M	-277M	-287M
Common & Preferred Stock Dividends Paid	-307M	-299M	-281M	-277M	-287M
Other Financing Activities, Total	0	9M	-42M	122M	-124M
Cash from Financing	-2.06B	-2.29B	-1.34B	-1.76B	-2.41B
Net Change in Cash	-686M	-928M	47M	1.03B	-1.15B
Supplemental Items
Cash Interest Paid	383M	345M	398M	402M	440M
Cash Income Tax Paid (Refund)	209M	245M	232M	515M	335M
Levered Free Cash Flow	1.35B	1.98B	1.06B	2.59B	555M
Unlevered Free Cash Flow	1.58B	2.2B	1.31B	2.84B	806M
Change In Net Working Capital	190M	-349M	362M	-683M	1.4B
Net Debt Issued / Repaid	-750M	-	-18M	-600M	-

Fiscal Period: June	2022	2023	2024	2025	2026
Profitability
Return on Assets	7.09	7.75	6.96	8.66	9.5
Return on Total Capital	8.17	8.95	8.02	10.02	11.07
Return On Equity %	10.75	11.28	14.31	19.59	14.29
Return on Common Equity	10.73	11.41	14.23	19.96	14.29
Margin Analysis
Gross Profit Margin %	34.76	35.03	34.99	35.47	36.63
SG&A Margin	13.86	13.96	14.66	13.36	13.89
EBITDA Margin %	21.02	21.18	20.36	21.61	22.67
EBITA Margin %	18.9	18.92	17.9	19.47	20.49
EBIT Margin %	18.3	18.31	17.47	19.19	20.27
Income From Continuing Operations Margin %	8.82	8.4	11.12	14.07	10.08
Net Income Margin %	8.62	8.31	10.74	13.88	9.84
Net Avail. For Common Margin %	8.62	8.31	10.74	13.88	9.84
Normalized Net Income Margin	9.46	10.19	9.38	10.82	11.35
Levered Free Cash Flow Margin	9.65	13.29	7.59	15.86	3.24
Unlevered Free Cash Flow Margin	11.34	14.75	9.4	17.4	4.71
Asset Turnover
Asset Turnover	0.62	0.68	0.64	0.72	0.75
Fixed Assets Turnover	6.45	6.2	5.32	6.37	6.57
Receivables Turnover (Average Receivables)	6.72	6.93	6.16	6.74	5.78
Short Term Liquidity
Current Ratio	3.61	1.93	2.54	2.91	3.17
Quick Ratio	3.19	1.71	2.26	2.7	2.87
Operating Cash Flow to Current Liabilities	0.82	0.48	0.62	1.15	0.74
Days Sales Outstanding (Average Receivables)	54.29	52.68	59.44	54.15	63.16
Average Days Payable Outstanding	10.63	14.52	17.66	14.12	12.63
Long Term Solvency
Total Debt/Equity	66.75	77	73.73	60.42	64.06
Total Debt / Total Capital	40.03	43.5	42.44	37.66	39.05
LT Debt/Equity	65.82	64.61	67.63	60.09	63.68
Long-Term Debt / Total Capital	39.47	36.5	38.93	37.46	38.81
Total Liabilities / Total Assets	47.88	51.26	49.68	46.73	47.45
EBIT / Interest Expense	6.78	7.83	6.03	7.76	8.66
EBITDA / Interest Expense	8.13	9.46	7.39	9.1	10.04
(EBITDA - Capex) / Interest Expense	7.32	8.44	6.54	8.28	8.79
Total Debt / EBITDA	2.52	2.48	2.72	2.03	1.88
Net Debt / EBITDA	0.82	1.19	1.28	0.58	0.83
Total Debt / (EBITDA - Capex)	2.8	2.79	3.08	2.24	2.15
Net Debt / (EBITDA - Capex)	0.91	1.34	1.45	0.63	0.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.25	6.72	-6.26	16.6	5.07
Gross Profit, 1 Yr. Growth %	-0.31	7.56	-6.37	18.22	8.49
EBITDA, 1 Yr. Growth %	-3.92	7.49	-8.1	23.74	10.5
EBITA, 1 Yr. Growth %	-6.38	6.82	-9.34	26.77	10.94
EBIT, 1 Yr. Growth %	-6.54	6.8	-8.57	28.09	11
Earnings From Cont. Operations, 1 Yr. Growth %	-43.98	1.62	24.02	47.55	-24.68
Net Income, 1 Yr. Growth %	-43.95	2.82	21.15	50.77	-25.54
Normalized Net Income, 1 Yr. Growth %	-4.48	14.95	-13.71	34.48	10.16
Diluted EPS Before Extra, 1 Yr. Growth %	-41.55	10.43	34.33	56.87	-21.79
Accounts Receivable, 1 Yr. Growth %	4.88	2.3	8.59	4.57	39.77
Net Property, Plant and Equip., 1 Yr. Growth %	-0.83	22.97	-2.07	-3.12	6.91
Total Assets, 1 Yr. Growth %	-3.23	-1.44	0.48	5.57	-3.07
Tangible Book Value, 1 Yr. Growth %	-5.26	-24.69	10.57	34.85	-7.5
Common Equity, 1 Yr. Growth %	1.94	-8.48	3.24	11.65	-2.79
Cash From Operations, 1 Yr. Growth %	-28.61	-4.46	2.22	80.65	-40.73
Capital Expenditures, 1 Yr. Growth %	-36.57	16.29	-3.36	-4.06	51.66
Levered Free Cash Flow, 1 Yr. Growth %	-25.21	46.96	-45.42	143.62	-78.43
Unlevered Free Cash Flow, 1 Yr. Growth %	-22.73	38.87	-39.22	115.86	-71.49
Dividend Per Share, 1 Yr. Growth %	4.35	4.17	4	3.85	3.7
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.57	7.48	0.02	4.55	10.68
Gross Profit, 2 Yr. CAGR %	3.94	3.55	0.35	5.21	13.25
EBITDA, 2 Yr. CAGR %	3.14	1.62	-0.37	6.64	17.1
EBITA, 2 Yr. CAGR %	1.97	0	-1.33	7.2	18.78
EBIT, 2 Yr. CAGR %	1.54	-0.09	-0.91	8.22	19.24
Earnings From Cont. Operations, 2 Yr. CAGR %	7.75	-24.55	12.26	35.28	5.42
Net Income, 2 Yr. CAGR %	9.83	-24.09	11.61	35.15	5.95
Normalized Net Income, 2 Yr. CAGR %	2.48	4.79	0.53	7.73	21.71
Diluted EPS Before Extra, 2 Yr. CAGR %	14.13	-19.66	21.8	45.17	10.76
Accounts Receivable, 2 Yr. CAGR %	6.17	3.58	5.4	6.56	20.89
Net Property, Plant and Equip., 2 Yr. CAGR %	2.95	10.43	9.74	-2.59	1.77
Total Assets, 2 Yr. CAGR %	1	-2.34	-0.48	2.99	1.15
Tangible Book Value, 2 Yr. CAGR %	11.81	-15.53	-8.75	22.11	11.69
Common Equity, 2 Yr. CAGR %	5.99	-3.41	-2.8	7.36	4.18
Cash From Operations, 2 Yr. CAGR %	-10.75	-17.41	-1.17	35.89	3.47
Capital Expenditures, 2 Yr. CAGR %	-7.53	-14.12	6.01	-3.71	20.63
Levered Free Cash Flow, 2 Yr. CAGR %	-15.16	4.84	-9.82	15.31	-27.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	-13.23	3.59	-7.63	14.54	-21.21
Dividend Per Share, 2 Yr. CAGR %	2.15	4.26	4.08	3.92	3.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.06	6.62	2.69	5.27	4.72
Gross Profit, 3 Yr. CAGR %	6.14	5.13	0.13	5.98	6.29
EBITDA, 3 Yr. CAGR %	3.1	4.57	-2.36	7.1	7.81
EBITA, 3 Yr. CAGR %	2.06	3.56	-3.91	7.26	8.32
EBIT, 3 Yr. CAGR %	1.7	3.27	-3.72	7.94	9.14
Earnings From Cont. Operations, 3 Yr. CAGR %	-9.13	5.67	-10.95	22.97	11.29
Net Income, 3 Yr. CAGR %	-8.92	7.44	-11.29	23.38	10.79
Normalized Net Income, 3 Yr. CAGR %	-0.71	6.48	-1.78	10.77	8.53
Diluted EPS Before Extra, 3 Yr. CAGR %	-6.34	12.88	-4.64	32.52	18.12
Accounts Receivable, 3 Yr. CAGR %	2.66	4.86	5.23	5.12	16.64
Net Property, Plant and Equip., 3 Yr. CAGR %	18.03	9.23	6.1	5.28	0.47
Total Assets, 3 Yr. CAGR %	4.38	0.18	-1.41	1.5	0.93
Tangible Book Value, 3 Yr. CAGR %	-0.74	-1.99	-7.6	3.94	11.31
Common Equity, 3 Yr. CAGR %	4.46	0.93	-1.24	1.8	3.86
Cash From Operations, 3 Yr. CAGR %	-9.29	-8.7	-11.33	20.84	3.05
Capital Expenditures, 3 Yr. CAGR %	9.32	-0.19	-10.67	2.54	12.03
Levered Free Cash Flow, 3 Yr. CAGR %	1.24	1.89	-16.2	25.6	-34.14
Unlevered Free Cash Flow, 3 Yr. CAGR %	3.56	1.5	-13.77	22.58	-28.03
Dividend Per Share, 3 Yr. CAGR %	27.79	2.82	4.17	4	3.85
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.09	7.99	4.18	5.79	5.82
Gross Profit, 5 Yr. CAGR %	4.92	7.45	3.78	5.16	5.18
EBITDA, 5 Yr. CAGR %	1.25	5.3	1.21	4.99	4.89
EBITA, 5 Yr. CAGR %	0.26	4.33	0.15	4.55	4.46
EBIT, 5 Yr. CAGR %	0.17	4.28	0.09	4.75	4.88
Earnings From Cont. Operations, 5 Yr. CAGR %	-2.63	-10.87	-1.11	16.64	-4.73
Net Income, 5 Yr. CAGR %	-2.56	-10.74	-1.21	17.77	-4.76
Normalized Net Income, 5 Yr. CAGR %	-2.89	3.25	-0.59	6.97	7.02
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.92	-7.92	4.03	24.83	1.24
Accounts Receivable, 5 Yr. CAGR %	4.68	3.5	3.75	5.54	11.23
Net Property, Plant and Equip., 5 Yr. CAGR %	13.97	17.83	14.64	4.34	4.35
Total Assets, 5 Yr. CAGR %	16.48	10.75	2.41	1.29	-0.39
Tangible Book Value, 5 Yr. CAGR %	113.77	-4.33	-4.03	7.02	-0.32
Common Equity, 5 Yr. CAGR %	13.23	1.58	1.5	3.45	0.89
Cash From Operations, 5 Yr. CAGR %	2.63	6.45	-6.13	7.04	-5.68
Capital Expenditures, 5 Yr. CAGR %	9.96	10.67	7.98	-1.61	0.73
Levered Free Cash Flow, 5 Yr. CAGR %	-	9.73	-3.97	6.65	-20.98
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	11.57	-1.62	6.16	-17.03
Dividend Per Share, 5 Yr. CAGR %	-	-	17.72	3.26	4.01