Stocks · Communication Services · Entertainment
Liberty Media Corporation FWONK
$91.20 -0.44% Close, Oct 2, 2026 · NASDAQ · Market cap $22.86B
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 78.6% year over year.
- Net debt is 3.3× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $4.34B, up 12.2% from a year earlier, slowing from 35.1% a quarter 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 20%
- 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 14%
- Operating marginTop 33%
- Cash conversion (OCF / net income)Top 17%
- Accruals (lower is better)Bottom 29%
- Net debt / EBITDA (lower is better)Bottom 38%
- Interest coverTop 45%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldBottom 33%
- EBITDA / enterprise valueBottom 35%
- Sales / enterprise valueBottom 11%
- P/E vs own 5-year history (lower is better)Bottom 27%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 44%
- 6-month returnTop 45%
- 1-year return vs S&P 500Bottom 47%
- Distance from 52-week highTop 26%
- Trend checklist (0–4)Bottom 45%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 16%
- Consecutive EPS beatsBottom 18%
- Share of analysts rating BuyTop 21%
- Upside to consensus price targetTop 35%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 12%
- Maximum drawdown, 3 yearsTop 6%
- Beta vs S&P 500 (lower is better)Top 25%
- Net debt / EBITDA (lower is better)Bottom 38%
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% | 26.5% | ↓ |
| Operating margin | 9.2% | 12.6% | ↑ |
| 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) | 78.6% | — | Top 20% | |
| Gross margin | 26.5% | 31.7% | ↓ | Bottom 14% |
| Operating margin | 12.6% | 9.2% | ↑ | Top 33% |
| Net margin | 5.3% | 6.6% | ↓ | — |
| 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.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.3%
- 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.
- 3.27×
- 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
- 3 of 8
- Average EPS surprise, last 4
- +82.6%
- Average 2-day reaction, last 8
- -0.2%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $135.88
- Target vs current price
- +49.0%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 72%
- 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% | +3.8% | +7.9% | +1.4% | — |
| May 7, 2026 | +466.7% | +5.4% | +3.6% | -3.0% | +10.2% |
| Feb 26, 2026 | -1.6% | -3.1% | -4.3% | -6.7% | -0.1% |
| Nov 5, 2025 | -42.9% | +0.7% | +1.2% | -8.4% | -15.1% |
| Aug 7, 2025 | +87.7% | -2.6% | +0.4% | -0.0% | -1.2% |
| May 7, 2025 | +149.6% | +2.4% | +5.6% | +6.7% | +8.3% |
| Feb 27, 2025 | -345.2% | -3.2% | -1.7% | -6.0% | +2.4% |
| Aug 8, 2024 | -67.7% | -5.1% | -0.1% | -1.2% | +3.3% |
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 | -$0.06 | +466.7% | $711.0M |
| Feb 26, 2026 | $0.39 | $0.40 | -1.6% | $1.61B |
| Nov 5, 2025 | $0.24 | $0.42 | -42.9% | $1.08B |
| Aug 7, 2025 | $1.52 | $0.81 | +87.7% | $1.34B |
| May 7, 2025 | $0.05 | -$0.10 | +149.6% | $447.0M |
| Feb 27, 2025 | -$1.03 | $0.42 | -345.2% | $1.17B |
| Aug 8, 2024 | $0.10 | $0.31 | -67.7% | $988.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 49.6× | 42.6× | 60th | Top 40% |
| P/E (forward) | 50.5× | — | — | — |
| EV / EBITDA | 24.9× | — | — | Bottom 35% |
| EV / Sales | 6.06× | — | — | Bottom 11% |
| Free-cash-flow yield | 3.44% | — | — | Bottom 33% |
| Earnings yield | 2.02% | — | — | Top 40% |
P/E over the past five years
Range 19.3× – 125.2× since Jun 30, 2021. 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)
- +78.6%
- Change in P/E multiple
- -42.5%
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)
- -1.2%
- 200-day average slope (20 days)
- +0.1%
- Distance from 50-day average
- -7.4%
- Distance from 200-day average
- -1.1%
- RSI (14)
- 33.7
- Relative volume
- 1.08×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 24.6%
- Volatility vs own 5-year history
- 40th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.58
- Correlation with S&P 500
- 0.34
- Current drawdown from 1-year high
- -15.8%
- Maximum drawdown, 3 years
- -24.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Oct 6, 2025 | Mar 20, 2026 | -24.8% | 114 days | Not yet recovered |
| Feb 13, 2025 | Apr 11, 2025 | -24.5% | 40 days | 47 days (Jun 20, 2025) |
| Apr 1, 2022 | Nov 4, 2022 | -23.2% | 150 days | 51 days (Jan 20, 2023) |
| Jun 15, 2023 | Sep 27, 2023 | -20.5% | 71 days | 199 days (Jul 15, 2024) |
| Jan 3, 2022 | Mar 8, 2022 | -12.5% | 44 days | 10 days (Mar 22, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $22.86B
- P/E (TTM)
- 49.6
- EPS, diluted (TTM)
- $1.84
- Revenue (TTM)
- $4.34B
- 52-week range
- $80.15 – $109.36
| 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 | $0.79 | -$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 | $1.62B | $711.0M | $934.0M |
| Net income | $117.0M | -$248.0M | $5.0M | $382.0M | $66.0M | $102.0M | $57.0M | $5.0M |
| EPS (diluted) | $0.48 | -$0.99 | $0.02 | $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 | $939.0M | $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
- 8,986,706
- Days to cover
- 4.68
- Change vs previous report
- +7.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 20, 2023
- 1,017-for-1,000
- Apr 18, 2016
- 1,365,941-for-1,000,000
- Nov 5, 2014
- 1,323-for-1,000