Fox Corp Class A (FOXA)
Interest coverage
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,268,000 | 2,509,000 | 2,085,000 | 2,071,000 | 3,313,000 |
| Interest expense | US$ in thousands | 227,000 | 405,000 | 349,000 | 377,000 | 395,000 |
| Interest coverage | 5.59 | 6.20 | 5.97 | 5.49 | 8.39 |
June 30, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,268,000K ÷ $227,000K
= 5.59
The interest coverage ratio of Fox Corp Class A has demonstrated fluctuations over the specified period from June 30, 2021, to June 30, 2025. Initially, as of June 30, 2021, the ratio stood at 8.39, indicating a strong capacity to meet interest obligations through operating earnings. Subsequently, there was a decline to 5.49 by June 30, 2022, suggesting a reduction in earnings relative to interest expense but still maintaining a comfortable coverage level.
Following this, the ratio showed a modest increase to 5.97 on June 30, 2023, reflecting a slight improvement in earnings capacity to cover interest expenses. The trend continued with an upward movement to 6.20 by June 30, 2024, suggesting enhanced earnings strength and a better buffer against interest obligations.
However, by June 30, 2025, the interest coverage ratio decreased again to 5.59, indicating a slight weakening in earnings recovery relative to interest expenses. Overall, the ratio remained within a healthy range throughout the analyzed period, suggesting that Fox Corp Class A maintained sufficient earnings to comfortably cover its interest obligations, despite some variability and recent mild decline. This pattern reflects a generally stable ability to service debt, with fluctuations potentially attributable to changes in operating profitability or interest expense levels over the multi-year span.
Peer comparison
Jun 30, 2025