This page shows Liberty Global (LBTYK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Liberty Global has an operating margin of -0.5%, meaning the company retains $-0 of operating profit per $100 of revenue. This below-average margin results in a low score of 21/100, suggesting thin profitability after operating expenses. This is up from -1.4% the prior year.
Liberty Global's revenue grew 12.4% year-over-year to $4.9B, a solid pace of expansion. This earns a growth score of 54/100.
Liberty Global carries a low D/E ratio of 0.80, meaning only $0.80 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.
Liberty Global's current ratio of 1.08 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 16/100, which could limit financial flexibility.
While Liberty Global generated $1.2B in operating cash flow, capex of $1.3B consumed most of it, leaving -$132.0M in free cash flow. This results in a low score of 18/100, reflecting heavy capital investment rather than weak cash generation.
Liberty Global generates a -73.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 12.8% the prior year.
Liberty Global passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Liberty Global generates $-0.17 in operating cash flow ($1.2B OCF vs -$7.1B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Liberty Global earns $-0.0 in operating income for every $1 of interest expense (-$23.3M vs $497.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Liberty Global generated $4.9B in revenue in fiscal year 2025. This represents an increase of 12.4% from the prior year.
Liberty Global's EBITDA was $1.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.8% from the prior year.
Liberty Global reported -$7.1B in net income in fiscal year 2025. This represents a decrease of 549.5% from the prior year.
Liberty Global earned $-20.86 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 593.1% from the prior year.
Cash & Balance Sheet
Liberty Global generated -$132.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 111.7% from the prior year.
Liberty Global held $2.1B in cash against $7.8B in long-term debt as of fiscal year 2025.
Margins & Returns
Liberty Global's gross margin was 65.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the prior year.
Liberty Global's operating margin was -0.5% in fiscal year 2025, reflecting core business profitability. This is up 0.9 percentage points from the prior year.
Liberty Global's net profit margin was -146.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 182.9 percentage points from the prior year.
Liberty Global's ROE was -73.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 86.2 percentage points from the prior year.
Capital Allocation
Liberty Global spent $192.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 72.2% from the prior year.
Liberty Global invested $1.3B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 47.8% from the prior year.
LBTYK Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B+2.0% | $1.2B-4.9% | $1.3B+8.4% | $1.2B+4.3% | $1.1B+5.0% | $1.1B+1.1% | $1.1B-3.1% | $1.1B |
| Cost of Revenue | $408.9M+4.1% | $392.9M-15.6% | $465.3M+15.3% | $403.4M | N/A | $320.4M-4.8% | $336.4M-14.7% | $394.5M |
| Gross Profit | $822.2M+1.0% | $814.2M+1.3% | $803.8M+4.7% | $767.8M | N/A | $749.1M+3.8% | $721.5M+3.5% | $696.8M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $324.9M+5.5% | $308.0M+0.9% | $305.3M+7.0% | $285.4M | N/A | $270.3M-5.3% | $285.5M+8.7% | $262.7M |
| Operating Income | -$105.6M-1220.0% | -$8.0M-127.0% | $29.6M-51.2% | $60.7M+225.9% | -$48.2M-244.3% | $33.4M+201.2% | -$33.0M-168.3% | -$12.3M |
| Interest Expense | $117.2M-4.9% | $123.3M-4.8% | $129.5M+1.6% | $127.5M | N/A | $144.3M-0.1% | $144.4M-43.0% | $253.5M |
| Income Tax | $40.2M+185.7% | -$46.9M-5311.1% | $900K+101.3% | -$70.0M | N/A | -$11.2M-139.7% | $28.2M-34.1% | $42.8M |
| Net Income | -$2.9B-3116.3% | -$90.7M+96.8% | -$2.8B-108.8% | -$1.3B-159.6% | $2.2B+256.5% | -$1.4B-634.9% | $268.1M-47.4% | $510.0M |
| EPS (Diluted) | N/A | $-0.27+96.7% | $-8.09-110.7% | $-3.84-162.8% | $6.11+254.7% | $-3.95-656.3% | $0.71-46.2% | $1.32 |
LBTYK Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $22.6B-11.0% | $25.4B-6.5% | $27.2B+4.6% | $26.0B+2.1% | $25.4B-39.1% | $41.8B+2.3% | $40.8B+0.7% | $40.6B |
| Current Assets | $3.4B+22.3% | $2.8B-37.3% | $4.4B+42.1% | $3.1B-5.6% | $3.3B-36.5% | $5.2B-3.5% | $5.4B+10.6% | $4.9B |
| Cash & Equivalents | $2.1B+24.3% | $1.7B-7.8% | $1.8B-8.4% | $2.0B+9.2% | $1.8B-22.6% | $2.3B+17.2% | $2.0B+77.8% | $1.1B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $558.2M+7.7% | $518.3M-9.1% | $570.3M+17.9% | $483.8M+7.6% | $449.8M-47.9% | $863.4M+0.5% | $858.8M0.0% | $858.6M |
| Goodwill | $3.5B-3.1% | $3.6B+0.4% | $3.6B+8.8% | $3.3B+5.0% | $3.2B-69.5% | $10.3B+5.7% | $9.8B-1.4% | $9.9B |
| Total Liabilities | $12.7B+1.7% | $12.4B-11.0% | $14.0B+6.3% | $13.1B+1.8% | $12.9B-44.2% | $23.1B+2.6% | $22.5B+1.6% | $22.2B |
| Current Liabilities | $3.2B+8.7% | $2.9B-33.1% | $4.3B+32.1% | $3.3B+4.9% | $3.1B-28.0% | $4.4B+8.0% | $4.0B+6.0% | $3.8B |
| Long-Term Debt | $7.8B+0.2% | $7.8B+0.2% | $7.8B-5.4% | $8.2B+0.5% | $8.2B-44.9% | $14.8B+1.0% | $14.7B-0.3% | $14.7B |
| Total Equity | $9.7B-23.6% | $12.7B-1.9% | $13.0B+2.7% | $12.6B+2.3% | $12.4B-33.7% | $18.7B+1.7% | $18.3B-0.4% | $18.4B |
| Retained Earnings | $5.1B-36.4% | $8.0B-1.1% | $8.1B-25.6% | $10.9B-10.9% | $12.2B-17.9% | $14.9B-8.8% | $16.3B+1.7% | $16.1B |
LBTYK Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $630.9M+109.0% | $301.8M+102.3% | $149.2M+15.5% | $129.2M-83.7% | $791.6M+76.1% | $449.5M-17.7% | $546.1M+122.3% | $245.7M |
| Capital Expenditures | $437.6M+27.6% | $342.9M+7.4% | $319.3M+31.2% | $243.3M-18.0% | $296.6M+34.3% | $220.8M+19.4% | $185.0M-10.2% | $206.1M |
| Free Cash Flow | $193.3M+570.3% | -$41.1M+75.8% | -$170.1M-49.1% | -$114.1M-123.1% | $495.0M+116.4% | $228.7M-36.7% | $361.1M+811.9% | $39.6M |
| Investing Cash Flow | -$267.1M+26.0% | -$360.9M-20.5% | -$299.4M-670.3% | $52.5M-85.0% | $349.8M+1345.5% | $24.2M-95.4% | $522.4M+346.8% | -$211.7M |
| Financing Cash Flow | $47.3M+157.4% | -$82.4M+34.0% | -$124.8M-88.5% | -$66.2M+95.9% | -$1.6B-804.4% | -$176.9M+6.6% | -$189.3M+33.3% | -$284.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $33.9M-39.7% | $56.2M-12.3% | $64.1M+69.1% | $37.9M-78.7% | $177.9M+7.6% | $165.4M-2.8% | $170.2M-3.5% | $176.3M |
LBTYK Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.8%-0.7pp | 67.5%+4.1pp | 63.3%-2.2pp | 65.6% | N/A | 70.0%+1.8pp | 68.2%+4.4pp | 63.8% |
| Operating Margin | -8.6%-7.9pp | -0.7%-3.0pp | 2.3%-2.8pp | 5.2%+9.5pp | -4.3%-7.4pp | 3.1%+6.2pp | -3.1%-2.0pp | -1.1% |
| Net Margin | -237.0%-229.5pp | -7.5%+212.6pp | -220.1%-105.9pp | -114.2%-314.0pp | 199.8%+333.9pp | -134.1%-159.4pp | 25.3%-21.4pp | 46.7% |
| Return on Equity | -30.0%-29.3pp | -0.7%+20.8pp | -21.5%-10.9pp | -10.6%-28.7pp | 18.1%+25.8pp | -7.7%-9.2pp | 1.5%-1.3pp | 2.8% |
| Return on Assets | -12.9%-12.6pp | -0.4%+9.9pp | -10.3%-5.1pp | -5.1%-14.0pp | 8.8%+12.3pp | -3.4%-4.1pp | 0.7%-0.6pp | 1.3% |
| Current Ratio | 1.08+0.1 | 0.96-0.1 | 1.02+0.1 | 0.95-0.1 | 1.05-0.1 | 1.19-0.1 | 1.34+0.1 | 1.28 |
| Debt-to-Equity | 0.80+0.2 | 0.61+0.0 | 0.60-0.1 | 0.65-0.0 | 0.66-0.1 | 0.800.0 | 0.800.0 | 0.80 |
| FCF Margin | 15.7%+19.1pp | -3.4%+10.0pp | -13.4%-3.7pp | -9.7%-53.8pp | 44.1%+22.7pp | 21.4%-12.8pp | 34.1%+30.5pp | 3.6% |
Similar Companies
Frequently Asked Questions
What is Liberty Global's annual revenue?
Liberty Global (LBTYK) reported $4.9B in total revenue for fiscal year 2025. This represents a 12.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Liberty Global's revenue growing?
Liberty Global (LBTYK) revenue grew by 12.4% year-over-year, from $4.3B to $4.9B in fiscal year 2025.
Is Liberty Global profitable?
No, Liberty Global (LBTYK) reported a net income of -$7.1B in fiscal year 2025, with a net profit margin of -146.3%.
What is Liberty Global's EBITDA?
Liberty Global (LBTYK) had EBITDA of $1.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Liberty Global have?
As of fiscal year 2025, Liberty Global (LBTYK) had $2.1B in cash and equivalents against $7.8B in long-term debt.
What is Liberty Global's gross margin?
Liberty Global (LBTYK) had a gross margin of 65.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Liberty Global's operating margin?
Liberty Global (LBTYK) had an operating margin of -0.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Liberty Global's net profit margin?
Liberty Global (LBTYK) had a net profit margin of -146.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Liberty Global's return on equity (ROE)?
Liberty Global (LBTYK) has a return on equity of -73.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Liberty Global's free cash flow?
Liberty Global (LBTYK) generated -$132.0M in free cash flow during fiscal year 2025. This represents a -111.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Liberty Global's operating cash flow?
Liberty Global (LBTYK) generated $1.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Liberty Global's total assets?
Liberty Global (LBTYK) had $22.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Liberty Global's capital expenditures?
Liberty Global (LBTYK) invested $1.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Liberty Global's current ratio?
Liberty Global (LBTYK) had a current ratio of 1.08 as of fiscal year 2025, which is considered adequate.
What is Liberty Global's debt-to-equity ratio?
Liberty Global (LBTYK) had a debt-to-equity ratio of 0.80 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Liberty Global's return on assets (ROA)?
Liberty Global (LBTYK) had a return on assets of -31.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Liberty Global's Piotroski F-Score?
Liberty Global (LBTYK) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Liberty Global's earnings high quality?
Liberty Global (LBTYK) has an earnings quality ratio of -0.17x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Liberty Global cover its interest payments?
Liberty Global (LBTYK) has an interest coverage ratio of -0.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Liberty Global?
Liberty Global (LBTYK) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.