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Fox Corporation FOXA Cable Network Programming And Television Segments — Restructuring Charges

Discontinued — last reported Q4 '23

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Other financials

Income statement

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Revenue$4.0B-8.6%
Net income$175.0M-50.6%
EPS (diluted)$0.38-49.3%

Balance sheet

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Cash & equivalents$3.6B-25.2%
Total debt$6.7B-8.3%
Total equity$11.0B-4.8%
Total assets$21.8B-6.8%

Cash flow

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Operating cash flow$1.9B-5.6%
CapEx$135.0M+82.4%
Free cash flow$1.8B-9.0%

Valuation

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Market cap$21.93B-3.2%
Enterprise value$24.98B-0.7%
P/E12.5×+0.6×
P/S1.4×-0.1×

Profitability

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Net margin10.8%-1.0pp
FCF margin13.2%-1.6pp

Returns & leverage

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Return on equity15.6%-1.6pp
Debt / equity0.6×0.0×
Current ratio2.9×+0.4×

Where this comes from

Reported directly by Fox Corporation in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Fox Corporation’s 10-K, filed August 11, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fox Corporation's cable network programming and television segments — restructuring charges?
Fox Corporation (FOXA) reported cable network programming and television segments — restructuring charges of $27.75M in Q2 2023.
What is the long-term trend for Fox Corporation's cable network programming and television segments — restructuring charges?
Over 2 years (2021 to 2023), Fox Corporation's cable network programming and television segments — restructuring charges has grown at a 78.1% compound annual growth rate (CAGR), from $35M to $111M.
What does cable network programming and television segments — restructuring charges mean?
One-time expenses associated with reorganizing business operations or reducing the workforce.
How do you interpret cable network programming and television segments — restructuring charges?
An increase suggests active cost-cutting or strategic restructuring, while a decrease indicates operational stability.
How does cable network programming and television segments — restructuring charges compare across companies?
Commonly reported by media conglomerates as 'special items' or 'restructuring costs' during periods of organizational change.