Stocks · Communication Services · Entertainment
Formula One Group FWONA
$83.39 -0.36% Close, Oct 2, 2026 · NASDAQ · Market cap $20.90B
Low risk
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $1.84, up 72.9% year over year.
- Revenue over the last four quarters was $4.34B, up 12.2% from a year earlier, slowing from 35.1% a quarter earlier.
- Operating margin widened to 12.3% from 8.9% a year earlier.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 32%
- EPS growth (TTM, YoY)Top 22%
- FCF growth (TTM, YoY)Top 47%
- Revenue growth, 3-year CAGRTop 18%
- Revenue growth accelerationBottom 4%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 44%
- Gross marginBottom 24%
- Operating marginTop 34%
- Cash conversion (OCF / net income)Bottom 42%
- Accruals (lower is better)Bottom 18%
- Net debt / EBITDA (lower is better)Bottom 46%
- Interest coverTop 44%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldBottom 37%
- EBITDA / enterprise valueBottom 46%
- Sales / enterprise valueBottom 13%
- P/E vs own 5-year history (lower is better)Bottom 41%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 48%
- 6-month returnTop 47%
- 1-year return vs S&P 500Bottom 48%
- Distance from 52-week highTop 24%
- Trend checklist (0–4)Bottom 45%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 5%
- Consecutive EPS beatsBottom 18%
- Share of analysts rating BuyTop 18%
- Upside to consensus price targetTop 44%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 10%
- Maximum drawdown, 3 yearsTop 8%
- Beta vs S&P 500 (lower is better)Top 30%
- Net debt / EBITDA (lower is better)Bottom 46%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 35.1% | 12.2% | ↓ |
| Gross margin | 31.7% | 32.8% | ↑ |
| Operating margin | 8.9% | 12.3% | ↑ |
| FCF margin | 18.0% | 18.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.2% | 35.1% | ↓ | Top 32% |
| EPS growth (TTM, YoY) | 72.9% | — | Top 22% | |
| Gross margin | 32.8% | 31.7% | ↑ | Bottom 24% |
| Operating margin | 12.3% | 8.9% | ↑ | Top 34% |
| Net margin | 10.6% | 7.1% | ↑ | — |
| Free-cash-flow margin | 18.1% | 18.0% | ↑ | — |
| Return on invested capital | 2.7% | — | Bottom 44% | |
| Revenue growth, 3-year CAGR | 20.3% | — | Top 18% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.98×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +66.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.55×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 0.00%
- Share count change, 1 year
- -0.8%
- Share count change, 3-year CAGR
- +0.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- -0.3%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $119.50
- Target vs current price
- +43.3%
- Analysts with a rating
- 20
- Share rating Buy or Strong Buy
- 75%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | -91.7% | +3.3% | +7.2% | +2.1% | — |
| May 7, 2026 | +517.3% | +4.9% | +2.7% | -3.1% | +9.2% |
| Feb 26, 2026 | +6.2% | -2.0% | -3.6% | -6.8% | +0.9% |
| Nov 5, 2025 | -4.6% | +0.7% | +1.1% | -6.9% | -13.6% |
| Aug 7, 2025 | +143.2% | -3.0% | +0.3% | +1.0% | +0.8% |
| May 6, 2025 | +149.8% | -1.5% | +2.3% | +4.4% | +6.9% |
| Feb 27, 2025 | -339.5% | -4.5% | -2.2% | -7.6% | +1.4% |
| Nov 12, 2024 | +139.0% | -0.4% | -2.2% | +8.9% | +22.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.02 | $0.24 | -91.7% | $934.0M |
| May 7, 2026 | $0.22 | -$0.05 | +517.3% | $711.0M |
| Feb 26, 2026 | $0.39 | $0.37 | +6.2% | $1.61B |
| Nov 5, 2025 | $0.24 | $0.25 | -4.6% | $1.08B |
| Aug 7, 2025 | $1.52 | $0.63 | +143.2% | $1.34B |
| May 6, 2025 | $0.05 | -$0.10 | +149.8% | $447.0M |
| Feb 27, 2025 | -$1.03 | $0.43 | -339.5% | $1.17B |
| Nov 12, 2024 | $0.48 | $0.20 | +139.0% | $911.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 45.3× | 51.2× | 43th | Top 40% |
| P/E (forward) | 46.0× | — | — | — |
| EV / EBITDA | 18.0× | — | — | Bottom 46% |
| EV / Sales | 5.61× | — | — | Bottom 13% |
| Free-cash-flow yield | 3.76% | — | — | Bottom 37% |
| Earnings yield | 2.21% | — | — | Top 40% |
P/E over the past five years
Range 25.3× – 143.4× since Dec 31, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -11.0%
- Earnings per share growth (TTM)
- +72.9%
- Change in P/E multiple
- -38.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.4%
- 200-day average slope (20 days)
- +0.0%
- Distance from 50-day average
- -7.6%
- Distance from 200-day average
- -1.4%
- RSI (14)
- 33.0
- Relative volume
- 0.97×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 24.1%
- Volatility vs own 5-year history
- 36th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.64
- Correlation with S&P 500
- 0.38
- Current drawdown from 1-year high
- -16.0%
- Maximum drawdown, 3 years
- -25.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 13, 2025 | Apr 11, 2025 | -25.7% | 40 days | 49 days (Jun 24, 2025) |
| Oct 6, 2025 | Mar 20, 2026 | -25.0% | 114 days | Not yet recovered |
| Apr 4, 2022 | Nov 4, 2022 | -23.8% | 149 days | 58 days (Jan 31, 2023) |
| Jun 15, 2023 | Sep 26, 2023 | -19.1% | 70 days | 172 days (Jun 3, 2024) |
| Jan 3, 2022 | Mar 8, 2022 | -15.5% | 44 days | 12 days (Mar 24, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $20.90B
- P/E (TTM)
- 45.3
- EPS, diluted (TTM)
- $1.84
- Revenue (TTM)
- $4.34B
- 52-week range
- $73.70 – $99.52
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.14B | $2.57B | $3.22B | $3.65B | $4.48B |
| Gross profit | $647.0M | $823.0M | $982.0M | $1.17B | $1.12B |
| Operating income | $40.0M | $173.0M | $297.0M | $287.0M | $604.0M |
| Net income | -$190.0M | $558.0M | $185.0M | -$30.0M | $555.0M |
| EPS (diluted) | -$0.82 | $2.15 | $0.77 | -$0.12 | $2.15 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $911.0M | $1.17B | $447.0M | $1.34B | $1.08B | $1.61B | $711.0M | $934.0M |
| Net income | $117.0M | -$248.0M | $22.0M | $382.0M | $66.0M | $333.0M | $57.0M | $5.0M |
| EPS (diluted) | $0.48 | -$0.99 | $0.05 | $1.52 | $0.26 | $1.33 | $0.23 | $0.02 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $481.0M | $534.0M | $619.0M | $567.0M | $870.0M |
| Capital expenditure | -$17.0M | -$291.0M | -$426.0M | -$75.0M | -$119.0M |
| Free cash flow | $464.0M | $243.0M | $193.0M | $492.0M | $751.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $520.0M | -$616.0M | -$9.0M | $925.0M | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.47B
- Total assets
- $15.88B
- Total liabilities
- $7.50B
- Total debt
- $4.92B
- Net debt
- $3.46B
- Shareholders’ equity
- $7.62B
As of Jun 30, 2026 (filed Aug 6, 2026).
Short interest
- Shares sold short
- 1,098,180
- Days to cover
- 6.67
- Change vs previous report
- -3.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 20, 2023
- 509-for-500
- Apr 18, 2016
- 355,997-for-250,000
- Nov 5, 2014
- 1,321-for-1,000
- Jul 24, 2014
- 573-for-200