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Net debt / EBITDA at other companies

Netflix logo
NetflixNFLX
0.3×-0.6×

Other financials

Income statement

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Revenue$711.0M+59.1%
Operating income$64.0M+196%
Net income$57.0M+1,040%

Balance sheet

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Cash & equivalents$1.3B-57.7%
Total debt$5.0B+10.0%
Total assets$15.9B+19.6%

Cash flow

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Operating cash flow$357.0M-8.7%
CapEx$20.0M-39.4%
Free cash flow$337.0M-5.9%

Valuation

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Market cap$22.74B-5.1%
Enterprise value$26.43B+4.7%
P/E37.5×
P/S4.8×-2.0×

Profitability

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Gross margin83.9%
Operating margin14.9%+11.4pp
Net margin12.8%+7.0pp

Returns & leverage

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Return on equity7.5%+4.4pp
Debt / equity0.7×+0.2×
Current ratio1.3×-1.2×

Where this comes from

Calculated from Liberty Media Corporation’s reported figures.

Based on the most recent quarter.

The official record: Liberty Media Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Liberty Media Corporation's net debt / EBITDA?
Liberty Media Corporation (FWONK) reported net debt / EBITDA of 3.2× in Q1 2026.
How has Liberty Media Corporation's net debt / EBITDA changed year-over-year?
Liberty Media Corporation's net debt / EBITDA increased by 7.3% year-over-year, from 3× to 3.2×.
What is the long-term trend for Liberty Media Corporation's net debt / EBITDA?
Over 2 years (2021 to 2025), Liberty Media Corporation's net debt / EBITDA has grown at a -41.0% compound annual growth rate (CAGR), from 47.1× to 16.4×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.