LSXMA · Liberty Media Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$4.48B	$3.65B	$12.53B	$12.16B	$11.40B	$9.36B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$514.00M	$419.00M	$1.93B	$2.03B	$1.91B	$1.75B
Total Operating Expenses	$3.90B	$3.38B	$10.46B	$10.10B	$9.42B	$9.19B
D&A	$393.00M	$352.00M	$1.03B	$1.04B	$1.07B	$1.08B
Operating Income	$577.00M	$276.00M	$2.06B	$2.06B	$1.98B	$177.00M
Interest Expense	$249.00M	$237.00M	$782.00M	$689.00M	$642.00M	$634.00M
Income Tax	$137.00M	$39.00M	$223.00M	$164.00M	$45.00M	($44.00M)
Net Income	$555.00M	($2.06B)	$761.00M	$1.81B	$398.00M	($1.42B)
EPS - Basic	-	-	$0.79◇	$2.39◇	($0.82)◇	-
EPS - Diluted	-	-	$0.62◇	$3.66◇	($0.82)◇	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$1.05B	$2.96B	$2.02B	$2.25B	$2.81B	$2.83B
Accounts Receivable	$115.00M	$114.00M	$832.00M	$837.00M	$828.00M	$823.00M
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	$1.37B	$3.35B	$3.38B	$3.85B	$4.81B	$4.03B
Total Assets	$15.40B	$12.95B	$41.17B	$42.46B	$44.35B	$44.00B
Current Liabilities	$939.00M	$1.13B	$4.74B	$5.41B	$6.61B	$4.49B
Long-term Debt	$5.05B	$4.52B	$14.18B	$14.95B	$15.70B	$16.69B
Total Liabilities	$6.95B	$5.90B	$21.72B	$23.34B	$25.51B	$24.40B
Stockholders' Equity	$7.76B	$7.03B	$16.40B	$15.96B	$14.67B	$15.09B
Retained Earnings	$7.79B	$7.18B	$15.06B	$14.59B	$12.72B	$12.32B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$908.00M	$553.00M	$2.46B	$2.55B	$2.44B	$1.73B
Investing Cash Flow	($3.20B)	($187.00M)	($1.24B)	($46.00M)	($689.00M)	($736.00M)
Financing Cash Flow	$694.00M	$894.00M	($1.47B)	($3.15B)	($1.70B)	$574.00M
CapEx	$119.00M	$75.00M	$1.11B	$735.00M	$440.00M	$452.00M
Free Cash Flow	$789.00M	$478.00M	$1.35B	$1.81B	$2.00B	$1.28B

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	12.9%	7.6%	16.5%	17.0%	17.3%	1.9%
EBITDA margin	21.6%	17.2%	24.7%	25.6%	26.7%	13.5%
Net margin	12.4%	-56.5%	6.1%	14.9%	3.5%	-15.2%
Free cash flow margin	17.6%	13.1%	10.8%	14.9%	17.5%	13.6%
FCF / Net income	1.42	-0.23	1.78	1.00	5.02	-0.90
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	11.5%	11.5%	15.4%	16.7%	16.7%	18.7%
Effective tax rate	19.8%	-	22.7%	8.3%	10.2%	-
Return on assets	3.6%	-15.9%	1.8%	4.3%	0.9%	-3.2%
Return on equity	7.2%	-29.3%	4.6%	11.4%	2.7%	-9.4%
Return on invested capital	3.6%	1.9%	5.2%	6.1%	5.8%	0.4%
Liquidity
Current ratio	1.46	2.95	0.71	0.71	0.73	0.90
Quick ratio	1.46	2.95	0.71	0.71	0.73	0.90
Cash ratio	1.12	2.61	0.43	0.42	0.43	0.63
Leverage
Debt / Equity	0.65	0.64	0.86	0.94	1.07	1.11
Debt / Assets	0.33	0.35	0.34	0.35	0.35	0.38
Debt / EBITDA	5.20	7.20	4.58	4.81	5.15	13.24
Interest coverage	2.3x	1.2x	2.6x	3.0x	3.1x	0.3x
Equity multiplier	1.99	1.84	2.51	2.66	3.02	2.92
Liabilities / Assets	0.45	0.46	0.53	0.55	0.58	0.55
Efficiency
Asset turnover	0.29	0.28	0.30	0.29	0.26	0.21
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	9d	11d	24d	25d	27d	32d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	22.7%	-70.8%	3.0%	6.7%	21.8%	23.3%
Revenue CAGR (3y)	-28.3%	-31.6%	10.2%	17.0%	29.3%	7.2%
Revenue CAGR (5y)	-13.7%	-13.6%	18.9%	9.9%	16.7%	14.3%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	109.1%	-86.6%	-0.0%	4.4%	1016.9%	-88.0%
Net income growth (YoY)	-	-	-58.1%	356.0%	-	-
EPS growth (YoY)	-	-	-83.1%	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	65.1%	-64.7%	-25.3%	-9.3%	56.3%	-29.1%
FCF CAGR (5y)	-9.2%	-23.3%	-5.0%	1.8%	4.5%	6.9%
Book value growth (YoY)	10.4%	-57.1%	2.7%	8.8%	-2.8%	-7.4%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$4.20B total

Formula One$3.87B · 92.3%

Motogp$325.00M · 7.7%

Product / service

$7.57B total

Motorsport$4.11B · 54.2%

Primary$3.09B · 40.8%

Product Service Or Other$377.00M · 5.0%

Geographic

$4.48B total

GB$3.78B · 84.4%

US$378.00M · 8.4%

ES$310.00M · 6.9%

Other Country Other Than Us And Uk$12.00M · 0.3%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.32

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
-No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Television Broadcasting Stations

Company	Revenue (last FY)	Net margin	ROE
NXST	$4.95B	2.2%	5.3%
PARAA,PARA	-	-	-
SSP	$2.15B	6.8%	11.7%
GTN	$3.10B	-2.7%	-3.9%
TGNA	$2.71B	8.1%	7.0%

Comparing Liberty Media Corp against the 5 most active filers in the same SIC group.

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.