Fox Corporation vs Warner Bros. Discovery
Prices at close (FOXA) and (WBD). Model readings (FOXA) and (WBD).
There is no newer reading for Warner Bros. Discovery than 5 October 2026, so this comparison asks not to be indexed until it is current.
Fox Corporation
$63.39−1.77%- Market value
- $27.83B
- P/E
- 13.3
- 1 year
- +4%
Warner Bros. Discovery
$30.95+0.03%- Market value
- $79.70B
- P/E
- n/m
- 1 year
- +60.9%
Price change, with the S&P 500 as a benchmark
Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.
How the two compare
On the latest closes (28 Oct 2026 and 5 Oct 2026), Warner Bros. Discovery is the larger company by market value ($79.70B against $27.83B). Over the past year Fox Corporation returned +4% and Warner Bros. Discovery +60.9%; against the S&P 500 over the same sessions, that is −8.7 and +45.1 points. The operating margin is 20.2% for Fox Corporation and 2.7% for Warner Bros. Discovery. Over the next 21 sessions the model expects +0.18% for Fox Corporation, with a 60% chance of a rise, and −2.05% for Warner Bros. Discovery, with a 19% chance. Fox Corporation's long-run fair value is $52.92, a gap of −16.5% to its price; the long-run model view is negative. Warner Bros. Discovery's long-run fair value is $30.37, a gap of −1.9% to its price; the long-run model view is neutral.
What the model expects
Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.
How the prices moved
Price change over each period, with the S&P 500 (SPY) for comparison.
What the market pays
Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.
How much of revenue becomes profit
Margins and returns on capital from the latest filing; revenue, net income and earnings per share over the trailing twelve months.
How fast the business grew
Change against the same quarter a year earlier.
Balance sheet and quality scores
Leverage, liquidity and two published scores: Altman Z (below 1.8 the distress zone, above 3 the safe zone) and Piotroski F (0 to 9).
How the shares trade
Volatility, sensitivity to the market, the deepest fall, short interest and how closely the two move together.
Fox Corporation or Warner Bros. Discovery: common questions
Which is larger by market value, Fox Corporation or Warner Bros. Discovery?
Warner Bros. Discovery, at $79.70B against $27.83B for Fox Corporation, on the latest closes (28 Oct 2026 and 5 Oct 2026).
Which has the higher P/E ratio, Fox Corporation or Warner Bros. Discovery?
Fox Corporation's latest filed P/E is 13.3; Warner Bros. Discovery reported losses, so its P/E is not meaningful (n/m). Filings: quarter to 30 Jun 2026.
How did Fox Corporation and Warner Bros. Discovery move over the past year against the S&P 500?
Over the past year Fox Corporation returned +4% and Warner Bros. Discovery +60.9%; against the S&P 500 over the same sessions, that is −8.7 and +45.1 points. Prices at close 28 Oct 2026 and 5 Oct 2026.
What does the model expect for Fox Corporation and Warner Bros. Discovery over the next month?
+0.18% for Fox Corporation with a 60% chance of a rise, and −2.05% for Warner Bros. Discovery with a 19% chance, over the next 21 sessions. Model readings 28 Oct 2026 and 5 Oct 2026. These are model readings, not advice.
How do the operating margins of Fox Corporation and Warner Bros. Discovery compare?
The operating margin is 20.2% for Fox Corporation and 2.7% for Warner Bros. Discovery. Filings: quarter to 30 Jun 2026.
Do Fox Corporation and Warner Bros. Discovery shares move together?
Over the past year the correlation of their daily returns was 0.09 (mostly independent); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026 and 5 Oct 2026.
Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.