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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin14.9%+11.4pp12.9%+5.0pp9.8%-0.5pp8.9%-1.0pp3.6%-6.7pp
Net margin12.8%+77.2pp12.4%+68.9pp-3.3%+38.2pp-65.1%-97.4pp-64.4%-91.2pp
EBITDA margin23.9%+10.6pp21.6%+4.1pp18.8%-1.6pp17.6%-2.5pp13.3%-11.5pp
Free cash flow margin16.2%17.6%
Returns
Return on assets4.2%+12.3pp3.9%+11.5pp-0.9%+4.8pp-8.9%-11.8pp-8.1%-10.5pp
Efficiency
Asset turnover0.3×+0.2×0.3×+0.2×0.3×+0.1×0.1×0.0×0.1×0.0×
Liquidity
Current ratio1.3×-1.2×1.5×-1.5×0.7×-2.2×1.3×+0.5×2.5×+1.9×
Quick ratio1.3×-1.2×1.5×-1.5×0.7×-2.2×1.3×+0.5×2.5×+1.9×
Cash ratio0.9×-1.3×1.1×-1.2×0.5×-1.9×1.1×+0.6×2.2×+1.8×
Leverage
Debt-to-assets0.3×0.0×0.3×+0.1×0.4×+0.1×0.3×0.0×0.3×0.0×
Net debt / EBITDA3.2×+0.2×4.2×+3.6×7.2×+5.5×-15.3×-11.8×
Interest coverage2.7×+2.1×2.4×+1.0×1.8×+0.2×1.8×+0.2×0.6×-0.4×
Valuation
Market capitalization$21.3B-5.1%$24.63B+6.9%$26.12B+43.5%$26.19B+55.1%$22.44B+45.5%
Enterprise value$24.98B+4.7%$28.7B+22.4%$31.57B+61.8%$27.54B-7.7%$23.85B-18.3%
Price / earnings35.1×44.4×
Price / sales4.5×-1.9×5.5×-0.8×6.5×+1.6×6.8×+2.3×6.4×+2.3×
EV / EBITDA22×-29.0×29.6×-7.1×41.6×+15.9×40.5×+0.7×51×+19.6×
EV / sales5.3×-1.5×6.4×0.0×7.8×+2.6×7.1×-0.8×6.8×-1.0×
Free cash flow yield3.6%3.2%
Earnings yield2.9%+12.9pp2.3%+11.2pp-0.5%+8.0pp-9.6%-16.8pp-10.1%-16.6pp

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Questions, answered.

What are Liberty Media Corporation's profit margins?
Liberty Media Corporation (FWONK) runs a 83.9% gross margin and a 14.9% operating margin, with a 12.8% net margin.
Where do Liberty Media Corporation's ratios come from?
Every ratio is computed from Liberty Media Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.