Fox (FOX) FY2022 results: revenue $14.0 billion, up 8.3% on the year
Fox Corp. (FOX) reported revenue of $14.0 billion for fiscal 2022, the year ended 30 June 2022, up 8.3% on the year before. Net income was $1.2 billion, down 44.0%, and diluted earnings per share $2.11. The figures are the company's own, from the 10-K it filed with the SEC on 12 August 2022.
Revenue
$14.0 billion
+8.3% on the year
FY2017FY2022
Operating margin
n/a
FY2017FY2022
Net income
$1.2 billion
-44.0% on the year
FY2017FY2022
Diluted EPS
$2.11
-41.6% on the year
FY2017FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,884
2,639
2,365
-28.6%
Capital expenditure
307
484
359
-36.6%
Free cash flow
1,577
2,155
2,006
-26.8%
Free cash flow margin
11.3%
16.7%
16.3%
Cash from investing
-513
-528
-1,100
Cash from financing
-2,057
-870
146
Depreciation and amortisation
363
300
258
+21.0%
Share-based compensation
102
147
137
-30.6%
Buybacks
1,000
1,001
600
-0.1%
Dividends paid
307
330
335
-7.0%
Diluted shares, weighted
570m
595m
616m
-4.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
11,339
11,123
10,094
+1.9%
Non-controlling interest
36.0
2.0
17.0
+1,700.0%
Redeemable equity
188
261
305
-28.0%
Debt
7,206
7,951
7,946
-9.4%
Operating lease liabilities
405
409
452
-1.0%
Other liabilities
3,011
3,180
2,936
-5.3%
Total liabilities and equity
22,185
22,926
21,750
-3.2%
Fixed assets
1,682
1,708
1,498
-1.5%
Goodwill
3,554
3,435
3,409
+3.5%
Intangible assets
3,157
3,154
3,198
+0.1%
Investments
578
899
618
-35.7%
Cash and equivalents
5,200
5,886
4,645
-11.7%
Receivables
2,128
2,029
1,888
+4.9%
Inventory
791
729
856
+8.5%
Other assets
5,095
5,086
5,638
+0.2%
Total assets
22,185
22,926
21,750
-3.2%
10-K for the year ended 30 June 2022, filed 12 August 2022: the filing.