Fox Corp Class A (FOXA)
Operating profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,229,000 | 3,064,000 | 3,093,000 | 2,662,000 | 2,478,000 | 2,435,000 | 2,369,000 | 2,544,000 | 2,764,000 | 2,669,000 | 2,427,000 | 2,216,000 | 2,207,000 | 2,302,000 | 2,636,000 | 2,652,000 | 2,765,000 | 2,780,000 | 2,823,000 | 2,793,000 |
| Revenue (ttm) | US$ in thousands | 16,300,000 | 16,105,000 | 15,181,000 | 14,337,000 | 13,980,000 | 13,920,000 | 14,557,000 | 14,928,000 | 14,913,000 | 14,914,000 | 14,285,000 | 14,121,000 | 13,974,000 | 13,831,000 | 13,591,000 | 13,237,000 | 12,909,000 | 12,437,000 | 12,662,000 | 12,353,000 |
| Operating profit margin | 19.81% | 19.03% | 20.37% | 18.57% | 17.73% | 17.49% | 16.27% | 17.04% | 18.53% | 17.90% | 16.99% | 15.69% | 15.79% | 16.64% | 19.40% | 20.03% | 21.42% | 22.35% | 22.30% | 22.61% |
June 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,229,000K ÷ $16,300,000K
= 19.81%
The operating profit margin of Fox Corp Class A has exhibited notable fluctuations over the analyzed period. Starting at a high of 22.61% in September 2020, the margin experienced a gradual decline, reaching approximately 15.69% by September 2022. This downward trend reflects a decrease of around 7 percentage points over nearly two years, indicating a reduction in operating efficiency or increased operating costs relative to revenue during this period.
Following this decline, the margin showed signs of recovery, rising to approximately 17.90% in March 2023 and further improving to 18.57% in September 2024. This suggests a stabilization and potential improvement in operational performance. The trend continues with a projected peak of approximately 20.37% by December 2024, before a modest decline to 19.03% in March 2025 and a slight increase to 19.81% in June 2025.
Overall, the operating profit margin demonstrates a pattern of initial stability, a significant decline in the early 2020s, and a subsequent recovery in recent periods. These fluctuations may be attributable to changes in revenue mix, cost management strategies, or broader economic conditions impacting operating expenses and profitability.
Peer comparison
Jun 30, 2025