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Liberty Media Liberty Formula One (FWONB) AI Stock Analysis
Liberty Media Liberty Formula One
(Other OTC:FWONB)
The score is driven primarily by solid financial performance (healthy margins and strong free cash flow) and favorable technical trend (price above key moving averages with positive MACD). These positives are moderated by a high P/E valuation and near-term operating variability highlighted on the earnings call (calendar-driven OIBDA swings, higher expenses, and geopolitical/calendar uncertainty), alongside the recent TTM revenue decline.
Liberty Media Liberty Formula One Key Performance Indicators (KPIs)
Liberty Media Liberty Formula One (FWONB) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $22.81B
- Dividend Yield
- ―
- Average Volume (3M)
- 150
- Price to Earnings (P/E)
- 49.5
- Beta (1Y)
- 0.33
- Revenue Growth
- 12.23%
- EPS Growth
- 47.39%
- Country
- US
- Employees
- 1,674
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Entertainment
Liberty Media Liberty Formula One Business Overview & Revenue Model
Company Description
Formula One Group operates within the global motorsports sector, managing the commercial rights for the acclaimed Formula 1 World Championship. This premier motor racing competition unfolds over roughly nine months, featuring teams contending for the...
How the Company Makes Money
The Formula One Group generates revenue primarily by commercializing the rights and demand surrounding the Formula 1 championship. Its core revenue streams generally include: (1) Media rights: F1 sells the right to broadcast and distribute races and...
Liberty Media Liberty Formula One Earnings Call Summary
The call was strongly positive overall. Management highlighted robust demand, record or sold-out attendance, expanding digital engagement, hospitality and licensing momentum, calendar expansion, stronger MotoGP leadership, and continued investment in growth. These positives outweighed the stated headwinds, including Formula 1's 5% year-to-date adjusted OIBDA decline, MotoGP's year-to-date revenue and adjusted OIBDA declines, the corporate adjusted OIBDA loss, higher Formula 1 expenses, and geopolitical-related calendar uncertainty.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management expects 23 races for the year and to return to a full 24-race calendar next season, while noting that additional 2026 calendar changes may be made; the Sprint format will expand to 10 races next year, and in 2027 to 10 Sprints, up from 6 this year. Team payments are expected to show roughly 200-basis-point improvement in leverage for the full year, with the payout percentage expected to remain relatively stable through 2030 after 2026. MotoGP expects Argentina, Adelaide and Australia to come online in 2027, has not announced any new events joining in 2028, and said renewals entering into effect in 2027 are probably around 7, 75% of the calendar. MotoGP’s agreement with Portugal extends through 2029 and Mugello through 2031, while Formula 1’s 10-year agreement for the African Grand Prix starts in the early 2030s.
Liberty Media Liberty Formula One Financial Statement Overview
Summary
Financials are solid overall: profitability has recovered to healthy TTM margins (gross ~33%, net ~11%) and free cash flow is robust ($1.12B TTM) with strong recent improvement. The balance sheet snapshot shows very low TTM debt versus equity, but the company’s capital structure has fluctuated across periods and TTM revenue growth has turned negative (-8.6%), tempering the score.
Income Statement
72PositiveBalance Sheet
84Very PositiveCash Flow
78Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.34B | 4.48B | 3.65B | 3.22B | 2.57B | 2.14B |
| Gross Profit | 1.42B | 1.12B | 1.17B | 982.00M | 823.00M | 647.00M |
| EBITDA | 1.40B | 1.15B | 577.00M | 794.00M | 762.00M | 363.00M |
| Net Income | 461.00M | 555.00M | -30.00M | 185.00M | 558.00M | -190.00M |
Balance Sheet | ||||||
| Total Assets | 15.88B | 15.40B | 11.76B | 10.27B | 11.02B | 11.66B |
| Cash, Cash Equivalents and Short-Term Investments | 1.47B | 1.05B | 2.63B | 1.41B | 1.73B | 2.07B |
| Total Debt | 4.92B | 5.12B | 2.99B | 2.91B | 2.95B | 3.63B |
| Total Liabilities | 7.50B | 6.95B | 4.37B | 3.85B | 4.08B | 4.72B |
| Stockholders Equity | 7.62B | 7.76B | 7.39B | 6.42B | 6.91B | 6.34B |
Cash Flow | ||||||
| Free Cash Flow | 786.00M | 751.00M | 492.00M | 193.00M | 243.00M | 464.00M |
| Operating Cash Flow | 915.00M | 870.00M | 567.00M | 619.00M | 534.00M | 481.00M |
| Investing Cash Flow | -3.16B | -3.20B | -292.00M | -683.00M | 394.00M | -600.00M |
| Financing Cash Flow | 221.00M | 408.00M | 951.00M | -435.00M | -1.27B | 512.00M |
Liberty Media Liberty Formula One Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FWONB, the sentiment is Positive. The current price of 92.40 is above the 20-day moving average (MA) of 86.79, above the 50-day MA of 88.79, and above the 200-day MA of 86.14, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 65.60 is Neutral, neither overbought nor oversold. The STOCH value of 74.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FWONB.
Liberty Media Liberty Formula One Risk Analysis
Liberty Media Liberty Formula One disclosed 106 risk factors in its most recent earnings report. Liberty Media Liberty Formula One reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksLiberty Media Liberty Formula One Peers Comparison
Overall Rating
FOXA78Outperform- FWONB74Outperform
LYV70Outperform
MSGE59Neutral
MANU45Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| FOXA | 78Outperform | $26.66B | 12.86 | 17.65% | 0.82% | 9.01% | 7.09% |
| FWONB | 74Outperform | $23.76B | 49.47 | 5.94% | ― | 12.23% | 47.39% |
| LYV | 70Outperform | $42.15B | -166.53 | 73.28% | ― | 10.75% | -146.20% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| MSGE | 59Neutral | $3.77B | 38.59 | 8.55% | ― | 12.52% | 82.30% |
| MANU | 45Neutral | $3.71B | -67.11 | -24.51% | ― | 5.46% | -34.39% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FWONB | Liberty Media Corporation Series B Liberty Formula One | 92.40 | -1.13 | -1.21% | |
| LYV | Live Nation Entertainment | 183.18 | 42.67 | 30.37% | |
| MANU | Manchester United Plc | 22.86 | 7.19 | 45.88% | |
| FOXA | Fox Corporation Class A | 69.65 | 4.29 | 6.57% | |
| MSGE | Madison Square Garden Entertainment Corp. | 78.73 | 32.22 | 69.28% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 05, 2026