FWONA vs GTN vs LBTYA Stock Comparison

Liberty Media, Gray Media and Liberty Global Prices as of Nov 4, 2026 Peers: Industry group
FWONA Liberty Media Corp
$91.03 +4.0% 1M -0.4% 1Y
Market cap
$20.42B
P/E
56.0x
Revenue (TTM)
$4.34B
Div. yield
–
Live Entertainment Communication Services
7 wins
GTN Gray Media, Inc
$4.97 +7.1% 1M +10.0% 1Y
Market cap
$572.98M
P/E
–
Revenue (TTM)
$3.15B
Div. yield
6.44%
Television Broadcasting Communication Services
2 wins
LBTYA Liberty Global Ltd.
$9.58 +6.6% 1M -10.0% 1Y
Market cap
$3.24B
P/E
–
Revenue (TTM)
$5.60B
Div. yield
–
Broadband and Cable Communication Services
1 win

Head to Head

10 decided of 12

Liberty Media leads on 7 of the 12 questions below (Liberty Media 7, Gray Media 2, Liberty Global 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFWONAGTNLBTYALeader
Larger companyMarket capitalisation $20.42B $572.98M $3.24B FWONA
Cheaper on earningsLower P/E, profitable companies only 56.0x -8.4x -1.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 49.2x 2.0x — GTN
Faster revenue growthRevenue growth, trailing twelve months +12.2% -11.3% +17.4% LBTYA
More profitableNet margin, trailing twelve months 9.4% -1.8% -44.4% FWONA
Better return on capitalReturn on invested capital 2.9% 2.3% -0.3% FWONA
Less leveragedLower net debt / EBITDA 3.5x 7.2x 14.2x FWONA
Higher dividend yieldTrailing dividend yield — 6.44% 0.00% –
Better 1-year returnPrice return, last 12 months -0.4% +10.0% -10.0% GTN
Better 5-year returnAnnualised price return, 5 years +11.3%/yr -26.6%/yr -8.1%/yr FWONA
Less volatileAnnualised volatility, 1 year 24.8% 62.5% 37.5% FWONA
Higher overall scoreMean of the five percentile scores vs peers 67/100 50/100 40/100 FWONA

Percentile Scorecard

FWONAGTNLBTYA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFWONAGTNLBTYA
Valuation 50 #7 of 13 87 #8 of 53 50 #25 of 49
Growth 80 #3 of 11 7 #41 of 44 46 #26 of 47
Profitability 70 #4 of 11 48 #23 of 43 18 #38 of 46
Financial Health 67 #5 of 13 32 #42 of 61 27 #36 of 49
Shareholder Returns – 76 #8 of 30 57 #16 of 36
Overall 67 50 40
  • FWONA ranked among 13 companies in Live Venues
  • GTN ranked among 61 companies in Advertising and Media
  • LBTYA ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFWONAGTNLBTYASPY
1 month +4.0%+7.1%+6.6% -1.0%
3 months +3.1%+14.0%-9.4% -0.4%
6 months +11.5%-10.1%-22.1% +4.5%
Year to date +1.8%+2.7%-14.0% +12.4%
1 year -0.4%+10.0%-10.0% +13.6%
3 years +56.8%-36.0%+14.6% +76.4%
3 years, per year +16.2%-13.8%+4.6% +20.8%
5 years +70.4%-78.7%-34.6% +63.7%
5 years, per year +11.3%-26.6%-8.1% +10.4%
10 years +234.3%-38.6%-41.3% +267.7%
10 years, per year +12.8%-4.8%-5.2% +13.9%

Risk

MeasureFWONAGTNLBTYASPY
Volatility, 1Y 24.8%62.5%37.5% 12.8%
Downside volatility, 1Y 22.6%62.6%32.2% 12.7%
Beta vs S&P 500, 1Y 0.350.990.54 1.00
Return / volatility, 1Y -0.020.16-0.27 1.06
Max drawdown, 5Y -25.7%-87.9%-49.9% -25.4%
From 52-week high -7.3%-19.8%-26.5% -1.6%
52-week high $98.18$6.20$13.03 $779.14
52-week low $74.51$3.58$7.50 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFWONAGTNLBTYA
P/E now vs peer median 56.0xmedian 56.0x -8.4xmedian 17.7x -1.3xmedian 11.7x
P/S now vs peer median 4.7xmedian 1.3x 0.2xmedian 0.5x 0.6xmedian 1.1x
EV/EBITDA now vs peer median 24.5xmedian 18.0x 7.9xmedian 10.4x 16.7xmedian 7.0x
P/FCF now vs peer median 24.8xmedian 20.4x 3.9xmedian 8.8x -112.1xmedian 5.3x
P/B now vs peer median 2.7xmedian 2.7x 0.3xmedian 1.7x 0.3xmedian 1.4x
PEG now vs peer median -10.92median 0.32 0.27median 0.42 -0.08median 0.24

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFWONAGTNLBTYA
Revenue $4.34B $3.15B $5.60B
Gross profit $1.22B $820.00M $3.78B
Operating income $516.00M $435.00M -$96.90M
Net income $407.00M -$26.00M -$2.37B
Free cash flow $823.00M $146.00M -$28.90M
EPS (diluted) $1.62 $-0.58 $-7.16
Cash & equivalents $1.47B $176.00M $2.05B
Total debt $4.92B $5.81B $20.59B
Shares (diluted) 252.00M 100.00M 347.12M
Enterprise value $15.74B -$412.02M -$4.41B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFWONAGTNLBTYA
P/E 56.0x -8.4x -1.3x
P/FCF 24.8x 3.9x -112.1x
P/Operating cash flow 21.5x 2.3x 2.1x
P/S 4.7x 0.2x 0.6x
P/B 2.7x 0.3x 0.3x
P/Tangible book 7.4x -0.2x 1.0x
EV/EBITDA 24.5x 7.9x 16.7x
EV/EBIT 46.3x 14.3x -224.8x
EV/Revenue 5.5x 2.0x 3.9x
EV/FCF 29.0x 42.5x -753.6x
EV/Operating cash flow 25.1x 24.8x 13.8x
PEG (3Y EPS CAGR) -10.92 0.27 -0.08

Growth

14 metrics
MetricFWONAGTNLBTYA
Revenue growth (1Y) 12.2% -11.3% 17.4%
Revenue CAGR (3Y) 75.9% -4.3% 9.8%
Gross profit growth (1Y) 1,012% -28.8% 21.6%
Gross profit CAGR (3Y) 29.5% -13.5% 8.9%
Operating income growth (1Y) 49.1% -41.9% -384.2%
Operating income CAGR (3Y) 37.8% -18.2% 24.3%
Net income growth (1Y) 113.5% -113.0% -22.5%
Net income CAGR (3Y) -34.0% -28.0% 22.5%
EPS growth (1Y) 122.2% -138.0% -23.1%
EPS CAGR (3Y) -5.1% -31.1% 16.9%
Operating cash flow growth (1Y) 18.7% -69.8% 14.8%
Operating cash flow CAGR (3Y) 19.7% -36.1% -10.7%
Free cash flow growth (1Y) 15.6% -79.4% -117.0%
Free cash flow CAGR (3Y) 73.7% -32.2% -26.5%

Profitability

14 metrics
MetricFWONAGTNLBTYA
Gross margin 28.2% 26.0% 67.5%
EBITDA margin 22.5% 24.9% 23.3%
Operating margin 11.9% 13.8% -1.7%
Pretax margin 14.3% -2.0% -49.7%
Net margin 9.4% -1.8% -44.4%
FCF margin 19.0% 4.6% -0.5%
Operating cash flow margin 21.9% 7.9% 28.1%
Return on equity 5.3% -1.2% -23.8%
Return on assets 2.6% -0.3% -7.9%
Return on invested capital 2.9% 2.3% -0.3%
Return on capital employed 3.6% 4.4% -0.4%
Asset turnover 0.3x 0.3x 0.2x
Cash conversion (OCF / net income) 2.3x -9.6x -0.7x
Stock comp / revenue 0.6% 0.7% 3.2%

Financial Health

11 metrics
MetricFWONAGTNLBTYA
Debt / assets 31.0% 55.6% 54.0%
Debt / equity 0.6x 2.7x 2.0x
Net debt / EBITDA 3.5x 7.2x 14.2x
Debt / FCF 6.0x 39.8x -712.4x
Liabilities / assets 52.0% 79.6% 72.7%
Equity / assets 48.0% 20.4% 27.3%
Interest coverage 1.9x 0.9x -0.2x
Current ratio 1.3x 1.0x 0.8x
Quick ratio 1.1x 0.7x 0.5x
Cash ratio 0.9x 0.3x 0.4x
Altman Z-score 2.58 0.64 0.38

Shareholder Returns

7 metrics
MetricFWONAGTNLBTYA
Dividend yield – 6.4% –
Net buyback yield – – 4.1%
Shareholder yield – 6.4% 4.1%
Payout ratio (earnings) – -130.8% –
Payout ratio (FCF) – 23.3% –
Dividend growth (1Y) – 6.3% –
Dividend CAGR (3Y) – 6.7% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFWONAGTNLBTYA
Forward P/E 49.2xFY2026 2.0xFY2026 –
EPS, next fiscal year $1.85FY2026 $2.43FY2026 $-1.51FY2026
EPS growth, next FY -16.3%FY2026 – –
EPS growth, the year after +14.6% -130.0% –
Revenue, next fiscal year $4.97BFY2026 $3.39BFY2026 $4.97BFY2026
Revenue growth, next FY +10.9%FY2026 +9.5%FY2026 +1.8%FY2026
Revenue growth, the year after -0.7% +0.3% -6.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFWONAGTNLBTYA
Held by institutions 9.3% 80.6% 97.0%
Institutions holding 302 177 294
Change in shares held, QoQ +10.2% -2.7% +0.6%
Institutions buying 154 73 145
Institutions selling 77 70 95
Buyers to sellers 2.00 1.04 1.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FWONAGTNLBTYA
FWONA 1.00 0.09 0.31
GTN 0.09 1.00 0.21
LBTYA 0.31 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FWONA, GTN and LBTYA?

Liberty Media (FWONA) is the largest by market capitalisation: Liberty Media (FWONA) $20.42B, Gray Media (GTN) $572.98M, Liberty Global (LBTYA) $3.24B.

Which company is growing faster?

Liberty Global (LBTYA) grew revenue fastest over the trailing twelve months: Liberty Media (FWONA) +12.2%, Gray Media (GTN) -11.3%, Liberty Global (LBTYA) +17.4%.

Which company is more profitable?

Liberty Media (FWONA) has the highest net margin (Liberty Media (FWONA) 9.4%, Gray Media (GTN) -1.8%, Liberty Global (LBTYA) -44.4%). On return on invested capital, Liberty Media (FWONA) leads (Liberty Media (FWONA) 2.9%, Gray Media (GTN) 2.3%, Liberty Global (LBTYA) -0.3%).

Which stock has performed better?

Over the past year Gray Media (GTN) returned the most: Liberty Media (FWONA) -0.4%, Gray Media (GTN) +10.0%, Liberty Global (LBTYA) -10.0%. Over five years, Liberty Media (FWONA) compounded fastest (Liberty Media (FWONA) +11.3%/yr, Gray Media (GTN) -26.6%/yr, Liberty Global (LBTYA) -8.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Gray Media (GTN) 6.44%, Liberty Global (LBTYA) 0.00%. Liberty Media (FWONA) and Liberty Global (LBTYA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Liberty Media (FWONA) has been the steadiest (Liberty Media (FWONA) 24.8%, Gray Media (GTN) 62.5%, Liberty Global (LBTYA) 37.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FWONA, GTN and LBTYA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Liberty Media (FWONA) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.