vs

Side-by-side financial comparison of Fox Corporation (Class A) (FOXA) and Medtronic (MDT). Click either name above to swap in a different company.

Medtronic is the larger business by last-quarter revenue ($9.0B vs $5.2B, roughly 1.7× Fox Corporation (Class A)). Medtronic runs the higher net margin — 15.3% vs 4.8%, a 10.6% gap on every dollar of revenue. On growth, Medtronic posted the faster year-over-year revenue change (6.6% vs 2.0%). Medtronic produced more free cash flow last quarter ($457.0M vs $-791.0M). Over the past eight quarters, Fox Corporation (Class A)'s revenue compounded faster (22.6% CAGR vs 5.3%).

Fox Corporation, commonly known as Fox Corp or Fox, is an American multinational mass media company headquartered at 1211 Avenue of the Americas in Midtown Manhattan with offices also in Burbank, California. Named after William Fox and incorporated in Delaware, it was formed as a spin-off of 21st Century Fox's television broadcasting, news, and sports assets on March 19, 2019. 21CF went defunct the next day. The company is controlled by Lachlan Murdoch through a family trust with 36% voting s...

Medtronic plc is an Irish medical device company. The company's legal and executive headquarters are in Ireland, while its operational headquarters are in Minneapolis, Minnesota. Medtronic rebased to Ireland following its acquisition of Irish-based Covidien in 2015. While it primarily operates in the United States, it operates in more than 150 countries and employs over 90,000 people. It develops and manufactures healthcare technologies and therapies.

FOXA vs MDT — Head-to-Head

Bigger by revenue
MDT
MDT
1.7× larger
MDT
$9.0B
$5.2B
FOXA
Growing faster (revenue YoY)
MDT
MDT
+4.6% gap
MDT
6.6%
2.0%
FOXA
Higher net margin
MDT
MDT
10.6% more per $
MDT
15.3%
4.8%
FOXA
More free cash flow
MDT
MDT
$1.2B more FCF
MDT
$457.0M
$-791.0M
FOXA
Faster 2-yr revenue CAGR
FOXA
FOXA
Annualised
FOXA
22.6%
5.3%
MDT

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
FOXA
FOXA
MDT
MDT
Revenue
$5.2B
$9.0B
Net Profit
$247.0M
$1.4B
Gross Margin
65.8%
Operating Margin
6.2%
18.8%
Net Margin
4.8%
15.3%
Revenue YoY
2.0%
6.6%
Net Profit YoY
-36.3%
8.2%
EPS (diluted)
$0.52
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FOXA
FOXA
MDT
MDT
Q4 25
$5.2B
$9.0B
Q3 25
$3.7B
$8.6B
Q2 25
$3.3B
$8.9B
Q1 25
$4.4B
$8.3B
Q4 24
$5.1B
$8.4B
Q3 24
$3.6B
$7.9B
Q2 24
$3.1B
$8.6B
Q1 24
$3.4B
$8.1B
Net Profit
FOXA
FOXA
MDT
MDT
Q4 25
$247.0M
$1.4B
Q3 25
$609.0M
$1.0B
Q2 25
$719.0M
$1.1B
Q1 25
$354.0M
$1.3B
Q4 24
$388.0M
$1.3B
Q3 24
$832.0M
$1.0B
Q2 24
$320.0M
$654.0M
Q1 24
$704.0M
$1.3B
Gross Margin
FOXA
FOXA
MDT
MDT
Q4 25
65.8%
Q3 25
65.0%
Q2 25
64.8%
Q1 25
66.5%
Q4 24
64.9%
Q3 24
65.1%
Q2 24
64.5%
Q1 24
65.6%
Operating Margin
FOXA
FOXA
MDT
MDT
Q4 25
6.2%
18.8%
Q3 25
21.4%
16.8%
Q2 25
29.2%
16.1%
Q1 25
10.8%
19.9%
Q4 24
10.1%
19.0%
Q3 24
31.2%
16.1%
Q2 24
14.6%
12.3%
Q1 24
27.9%
18.3%
Net Margin
FOXA
FOXA
MDT
MDT
Q4 25
4.8%
15.3%
Q3 25
16.3%
12.1%
Q2 25
21.9%
11.8%
Q1 25
8.1%
15.6%
Q4 24
7.6%
15.1%
Q3 24
23.3%
13.2%
Q2 24
10.3%
7.6%
Q1 24
20.4%
16.3%
EPS (diluted)
FOXA
FOXA
MDT
MDT
Q4 25
$0.52
$1.07
Q3 25
$1.32
$0.81
Q2 25
$1.57
$0.81
Q1 25
$0.75
$1.01
Q4 24
$0.81
$0.99
Q3 24
$1.78
$0.80
Q2 24
$0.68
$0.50
Q1 24
$1.40
$0.99

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FOXA
FOXA
MDT
MDT
Cash + ST InvestmentsLiquidity on hand
$8.3B
Total DebtLower is stronger
$27.7B
Stockholders' EquityBook value
$10.9B
$48.7B
Total Assets
$21.5B
$91.3B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOXA
FOXA
MDT
MDT
Q4 25
$8.3B
Q3 25
$8.1B
Q2 25
$9.0B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$7.8B
Q2 24
$8.0B
Q1 24
$8.3B
Total Debt
FOXA
FOXA
MDT
MDT
Q4 25
$27.7B
Q3 25
$6.6B
$26.2B
Q2 25
$6.6B
$25.6B
Q1 25
$7.2B
$24.0B
Q4 24
$7.2B
$24.6B
Q3 24
$7.2B
$26.3B
Q2 24
$7.2B
$23.9B
Q1 24
$7.2B
$24.2B
Stockholders' Equity
FOXA
FOXA
MDT
MDT
Q4 25
$10.9B
$48.7B
Q3 25
$12.2B
$47.9B
Q2 25
$12.0B
$48.0B
Q1 25
$11.5B
$49.4B
Q4 24
$11.5B
$48.5B
Q3 24
$11.3B
$47.9B
Q2 24
$10.7B
$50.2B
Q1 24
$10.6B
$51.8B
Total Assets
FOXA
FOXA
MDT
MDT
Q4 25
$21.5B
$91.3B
Q3 25
$22.8B
$91.0B
Q2 25
$23.2B
$91.7B
Q1 25
$23.4B
$90.0B
Q4 24
$23.0B
$90.0B
Q3 24
$22.5B
$89.7B
Q2 24
$22.0B
$90.0B
Q1 24
$21.7B
$90.8B
Debt / Equity
FOXA
FOXA
MDT
MDT
Q4 25
0.57×
Q3 25
0.54×
0.55×
Q2 25
0.55×
0.53×
Q1 25
0.62×
0.49×
Q4 24
0.63×
0.51×
Q3 24
0.64×
0.55×
Q2 24
0.67×
0.48×
Q1 24
0.68×
0.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FOXA
FOXA
MDT
MDT
Operating Cash FlowLast quarter
$-669.0M
$925.0M
Free Cash FlowOCF − Capex
$-791.0M
$457.0M
FCF MarginFCF / Revenue
-15.3%
5.1%
Capex IntensityCapex / Revenue
2.4%
5.2%
Cash ConversionOCF / Net Profit
-2.71×
0.67×
TTM Free Cash FlowTrailing 4 quarters
$2.3B
$5.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOXA
FOXA
MDT
MDT
Q4 25
$-669.0M
$925.0M
Q3 25
$-130.0M
$1.1B
Q2 25
$1.5B
$2.5B
Q1 25
$2.0B
$2.6B
Q4 24
$-362.0M
$958.0M
Q3 24
$158.0M
$986.0M
Q2 24
$899.0M
$2.8B
Q1 24
$1.5B
$2.5B
Free Cash Flow
FOXA
FOXA
MDT
MDT
Q4 25
$-791.0M
$457.0M
Q3 25
$-234.0M
$584.0M
Q2 25
$1.4B
$2.1B
Q1 25
$1.9B
$2.1B
Q4 24
$-436.0M
$554.0M
Q3 24
$94.0M
$466.0M
Q2 24
$787.0M
$2.4B
Q1 24
$1.4B
$2.1B
FCF Margin
FOXA
FOXA
MDT
MDT
Q4 25
-15.3%
5.1%
Q3 25
-6.3%
6.8%
Q2 25
42.4%
23.2%
Q1 25
44.4%
25.3%
Q4 24
-8.6%
6.6%
Q3 24
2.6%
5.9%
Q2 24
25.5%
27.4%
Q1 24
40.4%
26.3%
Capex Intensity
FOXA
FOXA
MDT
MDT
Q4 25
2.4%
5.2%
Q3 25
2.8%
5.9%
Q2 25
3.6%
5.1%
Q1 25
1.7%
5.7%
Q4 24
1.5%
4.8%
Q3 24
1.8%
6.6%
Q2 24
3.6%
5.0%
Q1 24
2.4%
4.3%
Cash Conversion
FOXA
FOXA
MDT
MDT
Q4 25
-2.71×
0.67×
Q3 25
-0.21×
1.05×
Q2 25
2.10×
2.39×
Q1 25
5.69×
1.99×
Q4 24
-0.93×
0.75×
Q3 24
0.19×
0.95×
Q2 24
2.81×
4.25×
Q1 24
2.10×
1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FOXA
FOXA

Television Segment$2.9B57%
Distribution$1.2B22%
Other$621.0M12%
Advertising$491.0M9%

MDT
MDT

Cardiac Rhythm And Heart Failure Division$1.8B20%
Surgical Endoscopy$1.7B19%
Other$1.3B14%
Structural Heart And Aortic Division$956.0M11%
Diabetes Group$757.0M8%
Specialty Therapies Division$744.0M8%
Coronary And Peripheral Vascular Division$655.0M7%
Neuromodulation Division$520.0M6%
Acute Care Monitoring$493.0M6%
IE$35.0M0%

Related Comparisons