TGNA vs FOXA

For growth investors, Fox Corporation (FOXA) is the stronger pick with 16.

6% revenue growth year-over-year, versus -12. 6% for TEGNA Inc. (TGNA). Fox Corporation (FOXA) offers the better valuation at 12. 8x trailing P/E (13. 5x forward), making it the more compelling value choice. Analysts rate TEGNA Inc. (TGNA) a "Hold" — based on 17 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Fox Corporation (FOXA) is the cheapest at 12.

8x versus TEGNA Inc. at 14. 9x. On forward P/E, TEGNA Inc. is actually cheaper at 6. 4x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, Fox Corporation (FOXA) delivered a total return of +70.

4%, compared to +11. 4% for TEGNA Inc. (TGNA). Over 10 years, the gap is even starker: TGNA returned +62. 3% versus FOXA's +30. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), TEGNA Inc.

(TGNA) is the lower-risk stock at 0. 47β versus Fox Corporation's 0. 54β — meaning FOXA is approximately 13% more volatile than TGNA relative to the S&P 500. On balance sheet safety, Fox Corporation (FOXA) carries a lower debt/equity ratio of 60% versus 82% for TEGNA Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Fox Corporation (FOXA) is pulling ahead at 16.

6% versus -12. 6% for TEGNA Inc. (TGNA). On earnings-per-share growth, the picture is similar: Fox Corporation grew EPS 56. 9% year-over-year, compared to -62. 0% for TEGNA Inc.. Over a 3-year CAGR, FOXA leads at 5. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Fox Corporation (FOXA) is the more profitable company, earning 13.

9% net margin versus 8. 1% for TEGNA Inc. — meaning it keeps 13. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FOXA leads at 19. 8% versus 16. 3% for TGNA. At the gross margin level — before operating expenses — TGNA leads at 36. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, TEGNA Inc.

(TGNA) trades at 6. 4x forward P/E versus 13. 5x for Fox Corporation — 7. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for FOXA: 11. 9% to $70. 17.

All stocks in this comparison pay dividends.

TEGNA Inc. (TGNA) offers the highest yield at 2. 5%, versus 1. 0% for Fox Corporation (FOXA).

For long-horizon retirement investors, TEGNA Inc.

(TGNA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 47), 2. 5% yield). Both have compounded well over 10 years (TGNA: +62. 3%, FOXA: +30. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: TGNA is a small-cap deep-value stock; FOXA is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.