Fox Corp Class A (FOXA)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,061,000 | 2,104,000 | 1,736,000 | 1,694,000 | 2,918,000 |
| Revenue | US$ in thousands | 16,300,000 | 13,980,000 | 14,913,000 | 13,974,000 | 12,909,000 |
| Pretax margin | 18.78% | 15.05% | 11.64% | 12.12% | 22.60% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $3,061,000K ÷ $16,300,000K
= 18.78%
The pretax margin of Fox Corp Class A has exhibited notable fluctuations over the analyzed period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the pretax margin stood at 22.60%, indicating a relatively strong profitability before tax expenses. By June 30, 2022, this margin experienced a significant decline to 12.12%, reflecting a contraction in pretax profitability by nearly half compared to the previous year. The decline persisted into June 30, 2023, with the margin further reducing slightly to 11.64%, suggesting marginal additional erosion in profitability.
From June 30, 2023, onwards, a recovery trend is observable. By June 30, 2024, the pretax margin increased to 15.05%, indicating an improvement in pretax profitability. This positive movement continued into June 30, 2025, when the margin further rose to 18.78%, approaching levels closer to those seen in 2021.
Overall, the data depict a period of initial decline in pretax margins, followed by a recovery phase. The fluctuations suggest that Fox Corp has faced challenges affecting profitability in the early part of the period but has subsequently managed to improve its pretax margin, culminating in a higher level in mid-2025 compared to the lows experienced in 2022 and 2023.
Peer comparison
Jun 30, 2025