FuboTV Inc.

FUBO · Communications · $2.8B mkt cap · FY2024 filings · Shallow moat ·

Doesn't clear the bar

Shallow moat
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The five investor questions

65

2020–2024 (latest 5 aligned FYs; v3 window cap 5): revenue $218M to $1.6B, increasing; diluted EPS -4.27 to -0.54, increasing. Latest-filed diluted EPS remains usable for Business Trend, but an integer share-count change lacks enough evidence to confirm a comparable EPS basis; valuation growth therefore stays at 0%.

70

Median gross margin 75.0% over 3y, variable.

0

Median ROIC -86.5%, above the 12% hurdle in 0% of years.

28

Net debt/EBITDA n/ax, interest coverage -9x.

44

Owner earnings changed trend unclear over up to the ten most recent annual observations, share count n/a.

Price vs. value if growth stopped today

A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.

Above value if growth stopped todayBelow value if growth stopped today
No price data
Not reported
Unavailable — insufficient owner-earnings data
Unavailable — insufficient growth-model data
$8.33
No price data

This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. The recent FY revenue series does not trigger the three-consecutive-declines flag.

Among the current top-score group, the median current price is 239% above the zero-growth estimate across 48 of the current top 50 companies by Moat Score with both values.

Score records captured Jul 26, 2026.

Exactly which 50 companies?

FTNT, META, MEDP, IBEX, MSFT, GOOGL, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, VEEV, GRMN, SSD, MNST, DOCS, MCO, CPRT, NTAP, LRCX, NVDA, CORT, SFM, MPTI, ULTA, SN, RMD, ROL, PAYC, IRMD, INTU, DECK, MORN, LGCY, DAL, GWW, ISRG, MPWR, CTAS, LOPE, MRK, CMG, FAST, BKNG, ORLY

Missing a usable price or zero-growth estimate: ANF, BKNG.

Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

16 years of fundamentals

The business, in plain English

It earned −800.4% on invested capital in the latest filed year, FY2024. Across the full 8-year measurable filed record, median ROIC was −148.4%. Over the v3 recent window (7 measurable filed years), median ROIC was −86.5%. The Returns on Capital filter above scores it 0/100.

FUBO's latest filed year, FY2024, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

Put together: Pricing Power is the strongest of the five filters (70/100) and Returns on Capital the weakest (0/100), which is how FUBO lands at 41/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2009–FY2024 · 16 fiscal years, normalized from FUBO’s SEC filings

Sales, as filed$1.6B FY2024
$0$1B2009201420192024
Revenue kept after cost of goods80.5% FY2017
0%50%2009201420192024
Standard ROIC or separately labeled Operating ROICROIC −800.4% FY2024
−500%0%2009201420192024
Cash an owner could take out−$136M FY2024
−$500M−$250M$02009201420192024

Gaps in a line mean that item isn’t in FUBO’s filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Visual explainers

The filing-backed explainer service is temporarily unavailable, so no partial or guessed chart is shown.

Moat Score history

15 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale41.3 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026Jul 26, 2026

Breaks in the line mark methodology or normalizer upgrades — readings across versions aren’t compared, so a level shift there isn’t a change in the business.

Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars

  1. Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
  2. Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
  3. Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026

Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.

Insider activity

Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”

These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

Records still being gathered — partial as of retrieval Aug 11, 2026.

Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.

No reported Form 4 rows were captured for FUBO; the incomplete walk cannot establish zero activity, zero counts, or a negative cluster result.

A filing source-event date will appear when a Form 4 row is captured.

Retrieved .

Communications context

#53 of 134 scored Communications companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #51SPIR SPIRE GLOBAL, INC.41.6 out of 100, Shallow moatShallow moat
  2. #52ATEX Anterix Inc.41.5 out of 100, Shallow moatShallow moat
  3. #54VSAT VIASAT, INC.40.0 out of 100, Shallow moatShallow moat
  4. #55PRSU Pursuit Attractions and Hospitality, Inc.39.6 out of 100, No moatNo moat

Compare FUBO with its nearest peersAll Communications companies on the Index →

Common questions about FUBO

Does FuboTV Inc. have an economic moat?
Based on its FY2024 SEC filings, the Moat Index scores FuboTV Inc. (FUBO) 41.3 out of 100 — a Shallow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 65, pricing power 70, returns on capital 0, balance-sheet safety 28, capital allocation 44.
How has FUBO's Moat Score changed over time?
The record logs 15 readings since Jul 17, 2026; the latest reads 41.3 out of 100 (shallow moat). No tier changes on record yet. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.