Fox (FOXA) FY2024 results: revenue $14.0 billion, down 6.3% on the year
Fox Corp. (FOXA) reported revenue of $14.0 billion for fiscal 2024, the year ended 30 June 2024, down 6.3% on the year before. Net income was $1.5 billion, up 21.1%, and diluted earnings per share $3.13. The figures are the company's own, from the 10-K it filed with the SEC on 8 August 2024.
Revenue
$14.0 billion
-6.3% on the year
FY2017FY2024
Operating margin
n/a
FY2017FY2024
Net income
$1.5 billion
+21.1% on the year
FY2017FY2024
Diluted EPS
$3.13
+34.3% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,840
1,800
1,884
+2.2%
Capital expenditure
345
357
307
-3.4%
Free cash flow
1,495
1,443
1,577
+3.6%
Free cash flow margin
10.7%
9.7%
11.3%
Cash from investing
-452
-438
-513
Cash from financing
-1,341
-2,290
-2,057
Depreciation and amortisation
389
411
363
-5.4%
Share-based compensation
90.0
74.0
102
+21.6%
Buybacks
1,000
2,000
1,000
-50.0%
Dividends paid
281
299
307
-6.0%
Diluted shares, weighted
480m
531m
570m
-9.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
10,714
10,378
11,339
+3.2%
Non-controlling interest
100
67.0
36.0
+49.3%
Redeemable equity
242
213
188
+13.6%
Debt
7,197
7,210
7,206
-0.2%
Operating lease liabilities
879
925
405
-5.0%
Other liabilities
2,840
3,073
3,011
-7.6%
Total liabilities and equity
21,972
21,866
22,185
+0.5%
Fixed assets
1,696
1,708
1,682
-0.7%
Goodwill
3,544
3,559
3,554
-0.4%
Intangible assets
3,038
3,084
3,157
-1.5%
Investments
1,129
1,034
578
+9.2%
Cash and equivalents
4,319
4,272
5,200
+1.1%
Receivables
2,364
2,177
2,128
+8.6%
Inventory
626
543
791
+15.3%
Other assets
5,256
5,489
5,095
-4.2%
Total assets
21,972
21,866
22,185
+0.5%
10-K for the year ended 30 June 2024, filed 8 August 2024: the filing.