Fox Corp Class B (FOX) - Net Assets
Based on the latest financial reports, Fox Corp Class B (FOX) has net assets worth $11.12 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.47 Billion) and total liabilities ($10.35 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Fox Corp Class B asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.12 Billion |
| % of Total Assets | 51.8% |
| Annual Growth Rate | -12.66% |
| 5-Year Change | 8.51% |
| 10-Year Change | -19.94% |
| Growth Volatility | 32.37 |
Fox Corp Class B - Net Assets Trend (2014–2025)
This chart illustrates how Fox Corp Class B's net assets have evolved over time, based on quarterly financial data. Also explore Fox Corp Class B asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Fox Corp Class B (2014–2025)
The table below shows the annual net assets of Fox Corp Class B from 2014 to 2025. For live valuation and market cap data, see Fox Corp Class B market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $12.36 Billion | +11.75% |
| 2024-06-30 | $11.06 Billion | +3.73% |
| 2023-06-30 | $10.66 Billion | -7.83% |
| 2022-06-30 | $11.56 Billion | +1.55% |
| 2021-06-30 | $11.39 Billion | +9.31% |
| 2020-06-30 | $10.42 Billion | +4.60% |
| 2019-06-30 | $9.96 Billion | +0.90% |
| 2018-06-30 | $9.87 Billion | +57.98% |
| 2017-06-30 | $6.25 Billion | -59.52% |
| 2016-06-30 | $15.43 Billion | -17.94% |
| 2015-06-30 | $18.81 Billion | -65.68% |
| 2014-06-30 | $54.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fox Corp Class B's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 87.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.48 Billion | 37.44% |
| Common Stock | $4.00 Million | 0.03% |
| Other Comprehensive Income | $-124.00 Million | -1.04% |
| Other Components | $7.60 Billion | 63.56% |
| Total Equity | $11.96 Billion | 100.00% |
Fox Corp Class B Competitors by Market Cap
The table below lists competitors of Fox Corp Class B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solstice Advanced Materials, Inc
NASDAQ:SOLS
|
$12.79 Billion |
|
Toromont Industries Ltd.
TO:TIH
|
$12.80 Billion |
|
ASR Nederland NV
AS:ASRNL
|
$12.80 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
$12.82 Billion |
|
Sinopac Financial Holdings Co Ltd
TW:2890
|
$12.79 Billion |
|
VERBUND AG
VI:VER
|
$12.77 Billion |
|
Penumbra Inc
NYSE:PEN
|
$12.76 Billion |
|
Synnex Corporation
NYSE:SNX
|
$12.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fox Corp Class B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,714,000,000 to 11,962,000,000, a change of 1,248,000,000 (11.6%).
- Net income of 2,263,000,000 contributed positively to equity growth.
- Dividend payments of 277,000,000 reduced retained earnings.
- Share repurchases of 1,000,000,000 reduced equity.
- Other comprehensive income decreased equity by 17,000,000.
- Other factors increased equity by 279,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.26 Billion | +18.92% |
| Dividends Paid | $277.00 Million | -2.32% |
| Share Repurchases | $1.00 Billion | -8.36% |
| Other Comprehensive Income | $-17.00 Million | -0.14% |
| Other Changes | $279.00 Million | +2.33% |
| Total Change | $- | 11.65% |
Book Value vs Market Value Analysis
This analysis compares Fox Corp Class B's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.58x to 2.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | $22.03 | $56.93 | x |
| 2017-06-30 | $9.83 | $56.93 | x |
| 2018-06-30 | $15.47 | $56.93 | x |
| 2019-06-30 | $16.02 | $56.93 | x |
| 2020-06-30 | $16.39 | $56.93 | x |
| 2021-06-30 | $18.69 | $56.93 | x |
| 2022-06-30 | $19.89 | $56.93 | x |
| 2023-06-30 | $19.54 | $56.93 | x |
| 2024-06-30 | $22.32 | $56.93 | x |
| 2025-06-30 | $25.95 | $56.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fox Corp Class B utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.88%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.94x
- Recent ROE (18.92%) is below the historical average (19.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 26.67% | 14.58% | 0.58x | 3.15x | $2.90 Billion |
| 2015 | 48.23% | 28.65% | 0.58x | 2.91x | $6.58 Billion |
| 2016 | 7.85% | 12.05% | 0.18x | 3.53x | $-294.10 Million |
| 2017 | 22.52% | 13.83% | 0.96x | 1.70x | $762.70 Million |
| 2018 | 22.80% | 21.54% | 0.77x | 1.37x | $1.23 Billion |
| 2019 | 16.03% | 14.00% | 0.58x | 1.96x | $600.30 Million |
| 2020 | 9.90% | 8.12% | 0.57x | 2.15x | $-10.40 Million |
| 2021 | 19.33% | 16.66% | 0.56x | 2.06x | $1.04 Billion |
| 2022 | 10.63% | 8.62% | 0.63x | 1.96x | $71.10 Million |
| 2023 | 11.94% | 8.31% | 0.68x | 2.11x | $201.20 Million |
| 2024 | 14.01% | 10.74% | 0.64x | 2.05x | $429.60 Million |
| 2025 | 18.92% | 13.88% | 0.70x | 1.94x | $1.07 Billion |
Industry Comparison
This section compares Fox Corp Class B's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $233,235,728
- Average return on equity (ROE) among peers: -276.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fox Corp Class B (FOX) | $11.12 Billion | 26.67% | 0.93x | $12.79 Billion |
| AI Era Corp. (ABQQD) | $1.46 Million | 37.15% | 0.61x | $772.11K |
| Color Star Technology Co. Ltd. (ADD) | $520.80K | -2762.79% | 103.00x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $52.92 Million | 10.13% | 4.23x | $397.98 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $140.47 Million | -21.80% | 0.01x | $10.16 Million |
| Passat Société Anonyme (ALXIL) | $74.08 Million | 7.02% | 0.87x | $17.05 Million |
| AMC Entertainment Holdings Inc (AMC) | $378.48 Million | -43.28% | 8.89x | $598.39 Million |
| AMC Networks Inc (AMCX) | $1.19 Billion | 21.12% | 3.85x | $267.64 Million |
| Anghami De Inc (ANGH) | $-6.44 Million | 0.00% | 0.00x | $33.54 Million |
| Angel Studios, Inc. (ANGX) | $210.34 Million | 1.11% | 0.12x | $349.82 Million |
| Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) | $294.00 Million | -11.62% | 4.02x | $558.63 Million |
About Fox Corp Class B
Fox Corporation operates as a news, sports, and entertainment company in the United States. It operates in four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators, telecommunication c… Read more