Liberty Media Corp (FWONK)
Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship. It is also involved in filming, television production and post-production, and digital and social media activities; provision of freight, logistical, and travel related services, as well as technical support at Formula 1 events; production of the international television feed; and operation of the Formula 1 Paddock Club hospitality program, F2 and F3 race series, and F1 Academy. The company was founded in 1950 and is headquartered in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
- Ticker
- FWONK
- Exchange
- Nasdaq
- Sector
- Communication Services
- Industry
- Entertainment
- Market cap
- $26.67B
- 52-week range
- $80.15 - $108.35
Valuation
- Share price
- $106.33 (close of Nov 6, 2026)
- P/E (TTM)
- 47.72x
- Price to book
- 3.39x
- Price to free cash flow
- 27.27x
- Enterprise value
- $29.86B
- Book value per share
- $31.41
Price performance
| Period | Change |
|---|---|
| 1 day | -0.18% |
| 5 days | +14.99% |
| 1 month | +11.29% |
| 3 months | +6.66% |
| 6 months | +19.93% |
| Year to date | +7.94% |
| 1 year | +3.01% |
| 3 years | +63.63% |
| 5 years | +88.26% |
| 10 years | +309.28% |
| All time | +346.61% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 4.51%
- Shares short
- 10.09M
- Days to cover
- 4.05
- Change since prior report
- +6.97%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed FWONK trades
April McClain Delaney · John Hickenlooper · Gilbert Ray Cisneros · August Pfluger
Super investors holding FWONK
Ruane Cunniff (Ruane, Cunniff & Goldfarb L.P.) · Chase Coleman (Tiger Global Management) · Ken Griffin (Citadel) · Dennis Hong (ShawSpring Partners LLC)
Profitability and growth
- Return on equity
- 7.15%
- Return on invested capital
- 3.42%
- Return on assets
- 3.60%
- Return on capital employed
- 3.99%
- Gross margin
- 24.34%
- Net margin
- 12.38%
- EBITDA margin
- 21.64%
- Revenue growth
- 22.69%
- Free cash flow growth
- 60.37%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.67%
- Current ratio
- 1.32x
- Net debt to EBITDA
- 2.70x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Revenue
- $4.48B
- Cost of revenue
- $3.39B
- Gross profit
- $1.09B
- EBITDA
- $970.00M
- Net income
- $555.00M
- Earnings per share
- $2.22
- Interest expense
- $249.00M
- Shares outstanding
- 250.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $4.48B | $1.09B | $555.00M | $2.22 |
| 2024-12-31 | $3.65B | $708.00M | -$2.06B | -$8.60 |
| 2023-12-31 | $3.57B | $925.00M | $761.00M | $3.24 |
| 2022-12-31 | $3.16B | $538.00M | $1.81B | $7.79 |
| 2021-12-31 | $11.40B | $3.88B | $398.00M | $0.00 |
| 2020-12-31 | $9.36B | $1.93B | -$1.42B | $0.00 |
| 2019-12-31 | $10.29B | $3.27B | $106.00M | $0.00 |
| 2018-12-31 | $8.04B | $2.69B | $531.00M | $0.00 |
| 2017-12-31 | $7.59B | $2.54B | $1.35B | $0.00 |
| 2016-12-31 | $5.28B | $2.62B | $680.00M | $0.00 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 24.34% | 12.38% | 7.15% | 3.42% |
| 2024-12-31 | 19.38% | -56.47% | -29.26% | 2.42% |
| 2023-12-31 | 25.90% | 21.30% | 3.91% | 1.08% |
| 2022-12-31 | 17.02% | 57.42% | 9.49% | 0.66% |
| 2021-12-31 | 34.07% | 3.49% | 2.18% | 5.16% |
| 2020-12-31 | 20.58% | -15.18% | -7.25% | 0.47% |
| 2019-12-31 | 31.82% | 1.03% | 0.48% | 3.43% |
| 2018-12-31 | 33.46% | 6.60% | 2.45% | 3.80% |
| 2017-12-31 | 33.46% | 17.83% | 6.00% | 3.82% |
| 2016-12-31 | 49.66% | 12.89% | 3.84% | 4.81% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $1.05B | $5.05B |
| 2024-12-31 | $2.63B | $2.97B |
| 2023-12-31 | $1.41B | $4.12B |
| 2022-12-31 | $1.88B | $14.95B |
| 2021-12-31 | $2.81B | $15.70B |
| 2020-12-31 | $2.83B | $16.69B |
| 2019-12-31 | $1.22B | $15.42B |
| 2018-12-31 | $358.00M | $13.37B |
| 2017-12-31 | $1.03B | $13.19B |
| 2016-12-31 | $562.00M | $8.01B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $789.00M | $21.00M |
| 2024-12-31 | $492.00M | $30.00M |
| 2023-12-31 | $2.00B | $27.00M |
| 2022-12-31 | $2.24B | $28.00M |
| 2021-12-31 | $2.00B | $256.00M |
| 2020-12-31 | $1.28B | $261.00M |
| 2019-12-31 | $1.80B | $312.00M |
| 2018-12-31 | $1.75B | $192.00M |
| 2017-12-31 | $1.22B | $230.00M |
| 2016-12-31 | $1.60B | $150.00M |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-11-05 | Sep 2026 | $0.59 |
| 2026-08-06 | Jun 2026 | $0.16 |
| 2026-05-07 | Mar 2026 | -$0.06 |
| 2026-02-26 | Dec 2025 | $0.44 |
| 2025-11-05 | Sep 2025 | $0.42 |
| 2025-08-07 | Jun 2025 | $0.81 |
| 2025-05-07 | Mar 2025 | -$0.18 |
| 2025-02-27 | Dec 2024 | $0.46 |
Filings and sources
- Company website
- libertymedia.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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