# Fox Corporation (Class B) (FOX)

**Exchange:** NASDAQ  
**Coverage as of:** 2026-Q2  
**Updated:** 2026-05-18  
**Report type:** Primer (steps 1–3 of 19)  
**API endpoint:** GET /api/v1/research/FOX/primer

## Business Model

---
ticker: FOX
step: 01
generated: 2026-05-13
source: quick-research
note: dual-class stub
---

### Fox Corporation (FOX) — Class B Shares

> **Note: FOX (Class B) and FOXA (Class A) represent the same company — Fox Corporation. The only difference is voting rights: Class B shares carry no voting rights; Class A shares carry one vote each. Both classes trade on NASDAQ. For full research, see the FOXA research files.**

#### Share Class Structure
- **FOXA (Class A)**: 1 vote per share — publicly traded float
- **FOX (Class B)**: No voting rights — publicly traded float
- **Class C (unlisted)**: Held by the Murdoch Family Trust; super-voting rights

The Murdoch family maintains effective voting control through their Class C share holdings regardless of how Class A/B shares vote.

See `/Users/guy/Desktop/Stocks/FOXA/` for full Fox Corporation research (business overview, financials, catalysts).

## Financial Snapshot

---
ticker: FOX
step: 04
generated: 2026-05-13
source: quick-research
note: dual-class stub
---

### Fox Corporation (FOX) — Financial Snapshot

> **Note: FOX (Class B) is the same company as FOXA (Class A) — Fox Corporation. Financials are identical; only voting rights differ. See FOXA Step_04_Financial_Snapshot.md for full financial details.**

#### Key Reference
- Full financial snapshot: `/Users/guy/Desktop/Stocks/FOXA/Step_04_Financial_Snapshot.md`
- FY2025 Revenue: $16.3B | FCF: ~$1.5B | P/E: ~11x | FCF Yield: ~7%

## Recent Catalysts

---
ticker: FOX
step: 12
generated: 2026-05-13
source: quick-research
note: dual-class stub
---

### Fox Corporation (FOX) — Investment Catalysts & Risks

> **Note: FOX (Class B) is the same company as FOXA (Class A) — Fox Corporation. Catalysts and risks are identical; only voting rights differ. See FOXA Step_12_Catalysts.md for full analysis.**

#### Key Reference
Full bull/bear analysis: `/Users/guy/Desktop/Stocks/FOXA/Step_12_Catalysts.md`

#### Research Date
Generated: 2026-05-13

## Full Research Available

This primer covers steps 1–3 of 19. The full deep dive (moat analysis, DCF, bull/bear,
management quality, earnings transcript analysis) is available via:

- Investment memo: /memo/fox
- Full research API: GET /api/v1/research/FOX/memo
- Coverage universe: /stocks