Dashboard|FWONA – Overview

FWONA

Liberty Media Corp

Communication Services • CIK: 0001560385

Market Cap

—

P/E (TTM)

—

Rev Growth (TTM)

+22.7%

Net Margin (TTM)

12.4%

FCF Yield (TTM)

—

FCF Margin (TTM)

-2.7%

LATEST EARNINGS

•

Q4 FY2025

•

8 days ago

•View source

Revenue

$1.61B

+37.9%

Net Income

N/A

—

EPS

N/A

—

Operating

12.8%↑ +12.2%

Net

12.4%↑ +80.3%

•Formula 1 revenue increased 14% to $3.9 billion, operating income grew 28% to $632 million, and Adjusted OIBDA increased 20% to $946 million for the year.
•MotoGP revenue increased 14% to $573 million, operating income grew 86% to $54 million, and Adjusted OIBDA increased 15% to $201 million on a pro-forma basis for the year.
•Formula 1 fan attendance was up 4% and live viewership up 21% compared to 2024.
•MotoGP fan attendance was up 21% and cumulative TV viewership up 9% compared to 2024.

View Full Earnings →

Cash Flow Health

Free Cash Flow2/8 positive

TTM$-119M

Q4 '25

$-61M-1933%

Q3 '25

$-3M+86%

FCF Margin

TTM-2.7%

Q4 '25-3.8%-1271%

Sector: 6.7%Below Avg

OCF Margin–

OCF/NI–

CapEx Coverage–

FCF Yield–

FCF Growth (2Y)–

Cash Conversion Cycle

14 days

DSO: 14+DIO: –−DPO: –

View Insights from Latest Filing →View Full Cash Flow Statement →

Capital Allocation & Returns

Total Shareholder Yield

TTM0.0%

Div Yield0.0%

Insufficient data

Dividend & Payout Metrics

Dividend Yield (TTM)0.0%

Free Cash Flow (TTM)$-119.0M

Capital Return / FCF0.0%

Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM

3.7%

Stable

+0.0% YoY+4.6%

P25MedianP75

75th pctl (med: 0.0%)

DuPont BreakdownROIC = Margin × Turn × (1+D/E)

NOPAT Margin

10.5%

8Q: 8.7%

Asset Turnover

0.30x

8Q: 0.21x

Leverage (1+D/E)

1.66x

D/E: 0.66x

DuPont: 5.3% ≈ 3.7% ROIC

Asset & CapEx Efficiency

Fixed Asset Turn

1.72x

8Q:1.74x

+102.3%

Invested Cap Turn

0.36x

8Q:0.27x

+33.7%

CapEx Intensity

1.0%

8Q:0.6%

CapEx/Depreciation

0.30x

Asset-based ROIC formula

Full Analysis

QUARTERLY TRENDS

Last 8 quarters + TTM

Metric	TTM	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024
Revenue	$4.5B	$1.6B↑48.3%	$1.1B↓19.1%	$1.3B↑200.0%	$447.0M↓61.7%	$1.2B↑28.1%	$911.0M↓7.8%	$988.0M↑68.3%	$587.0M
Operating Income	$577.0M	$206.0M↑30.4%	$158.0M↓43.6%	$280.0M↑517.9%	$-67.0M↓391.3%	$23.0M↓79.1%	$110.0M↑86.4%	$59.0M↓37.9%	$95.0M
Net Income	$555.0M	$333.0M↑2461.5%	$13.0M↓93.6%	$204.0M↑3980.0%	$5.0M↑101.4%	$-355.0M↑85.0%	$-2.4B↓618.2%	$457.0M↑125.1%	$203.0M
Operating Cash Flow	N/A	$752.0M↑90.4%	$395.0M↓32.2%	$583.0M↓14.6%	$683.0M↑27.2%	$537.0M↓18.8%	$661.0M	N/A	N/A
Free Cash Flow	$-119.0M	$-61.0M↓1933.3%	$-3.0M↑86.4%	$-22.0M↑33.3%	$-33.0M↓43.5%	$-23.0M↓91.7%	$-12.0M↓101.6%	$739.0M↑100.8%	$368.0M
Total Equity	N/A

Income Statement Cash Flow Statement Balance Sheet

Valuation Analysis

Price-to-EarningsTTM

–

Valuation Lenses

Earnings

–

vs – sector

Cash Flow

-23.1x

EV/FCF vs –

Growth-Adj

–PEG

N/A

Quality-Adj

–P/E per %ROIC

ROIC: 3.7%

Shareholder Returns

Dividend

–

Buyback

–

Total Yield

–

Market Cap$0

EV$2.74B

Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score

53/100

Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Above Avg

7.6%

8Q:–

Return on Invested Capital (ROIC)Top 25%

3.7%

8Q:–

+4.6%

vs Sector:0.0%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 10.5%

Asset Turnover: 0.30x

Earnings Quality

Cash Conversion

–

OCF / Net Income

FCF Consistency

–

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin–

Capital Efficiency

Invested Capital Turnover0.36x

Working Capital

Cash Conversion Cycle14 days

Growth Quality & Momentum

Moderate Growth

Growth Quality Score

70/100

Growth 40%

Margins 30%

FCF 20%

Consistency 10%

Growth Rates

Revenue Growth YoY

22.7%

OpInc Growth YoY

795.7%

EPS Growth YoY

N/A

FCF 3Y CAGR

N/A

Margin Quality & Sustainability

Low Quality

Profitability Cascade

Gross

—

Operating

12.9%

Above Avg in sector

Net

12.4%

Margins Unknown

Earnings Quality Signals

SBC / Revenue

—

FCF vs Net Gap

-15.0 pts

FCF: -2.7% | Net: 12.4%

FCF margin lags net margin by 15.0 pts

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate

Net Debt / EBITDA

–Net Debt: $4.04B

Interest Coverage

–

Leverage Metrics

Debt-to-Equity

0.66x

Balance sheet risk & solvency analysis