LLYVA vs TCOM vs FWONA Stock Comparison

Liberty Live Holdings, Trip.com and Liberty Media Prices as of Oct 28, 2026 Peers: Industry group
TCOM Trip.com Group Ltd
$38.57 -3.3% 1M -46.7% 1Y
Market cap
$25.05B
P/E
7.4x
Revenue (TTM)
$9.45B
Div. yield
–
Travel Services Consumer Discretionary
7 wins
FWONA Liberty Media Corp
$83.88 -3.2% 1M -4.0% 1Y
Market cap
$18.82B
P/E
51.6x
Revenue (TTM)
$4.34B
Div. yield
–
Live Entertainment Communication Services
2 wins

Head to Head

11 decided of 12

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

QuestionLLYVATCOMFWONALeader
Larger companyMarket capitalisation $8.93B $25.05B $18.82B TCOM
Cheaper on earningsLower P/E, profitable companies only -20.3x 7.4x 51.6x TCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 10.6x 45.3x TCOM
Faster revenue growthRevenue growth, trailing twelve months +14.9% +18.1% +12.2% TCOM
More profitableNet margin, trailing twelve months -108.1% 36.1% 9.4% TCOM
Better return on capitalReturn on invested capital -2.6% 5.3% 2.9% TCOM
Less leveragedLower net debt / EBITDA -68.6x — 3.5x LLYVA
Higher dividend yieldTrailing dividend yield — 0.00% — –
Better 1-year returnPrice return, last 12 months +10.0% -46.7% -4.0% LLYVA
Better 5-year returnAnnualised price return, 5 years — +6.2%/yr +10.0%/yr FWONA
Less volatileAnnualised volatility, 1 year 31.7% 36.2% 24.5% FWONA
Higher overall scoreMean of the five percentile scores vs peers 31/100 83/100 69/100 TCOM

Percentile Scorecard

LLYVATCOMFWONA

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

AxisLLYVATCOMFWONA
Valuation 8 #12 of 13 93 #3 of 28 50 #7 of 13
Growth 90 #2 of 11 79 #6 of 25 80 #3 of 11
Profitability 10 #10 of 11 67 #9 of 25 70 #4 of 11
Financial Health 17 #11 of 13 93 #3 of 30 75 #4 of 13
Shareholder Returns – – –
Overall 31 83 69
  • LLYVA ranked among 13 companies in Live Venues
  • TCOM ranked among 31 companies in Travel and Lodging
  • FWONA ranked among 13 companies in Live Venues

Price Performance

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

Returns

PeriodLLYVATCOMFWONASPY
1 month +0.0%-3.3%-3.2% +0.9%
3 months -3.0%-16.2%-10.3% +5.9%
6 months +8.5%-26.9%+7.0% +8.5%
Year to date +19.1%-46.4%-6.2% +13.3%
1 year +10.0%-46.7%-4.0% +12.4%
3 years +223.3%+9.2%+47.9% +88.1%
3 years, per year +47.9%+3.0%+13.9% +23.5%
5 years —+35.0%+60.8% +68.2%
5 years, per year —+6.2%+10.0% +11.0%
10 years —-13.8%+207.8% +263.4%
10 years, per year —-1.5%+11.9% +13.8%

Risk

MeasureLLYVATCOMFWONASPY
Volatility, 1Y 31.7%36.2%24.5% 12.7%
Downside volatility, 1Y 33.4%43.0%22.6% 12.7%
Beta vs S&P 500, 1Y 0.640.580.30 1.00
Return / volatility, 1Y 0.32-1.29-0.16 0.98
Max drawdown, 5Y -24.4%-51.9%-25.7% -25.4%
From 52-week high -7.5%-51.2%-14.6% -0.9%
52-week high $104.99$78.96$98.18 $779.14
52-week low $74.85$37.96$74.51 $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.

MultipleLLYVATCOMFWONA
P/E now vs peer median -20.3xmedian 51.6x 7.4xmedian 18.2x 51.6xmedian 51.6x
P/S now vs peer median 21.9xmedian 1.5x 2.7xmedian 1.5x 4.3xmedian 1.5x
EV/EBITDA now vs peer median -450.8xmedian 18.1x —median 14.1x 22.8xmedian 18.1x
P/FCF now vs peer median -1,219xmedian 17.3x —median 16.4x 22.9xmedian 17.3x
P/B now vs peer median -14.3xmedian 2.5x 1.1xmedian 2.5x 2.5xmedian 2.5x
PEG now vs peer median —median 0.26 0.14median 0.30 -10.07median 0.26

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 monthsLLYVATCOMFWONA
Revenue $406.97M $9.45B $4.34B
Gross profit $75.92M $7.55B $1.22B
Operating income -$49.43M $1.50B $516.00M
Net income -$440.14M $3.42B $407.00M
Free cash flow -$7.33M – $823.00M
R&D – $2.30B –
EPS (diluted) $-4.75 $4.88 $1.62
Cash & equivalents $523.35M $8.26B $1.47B
Total debt $7.48B $18.23B $4.92B
Shares (diluted) 92.60M 698.38M 252.00M
Enterprise value $6.98B -$19.74B $14.14B

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
MetricLLYVATCOMFWONA
P/E -20.3x 7.4x 51.6x
P/FCF -1,219x – 22.9x
P/Operating cash flow -1,219x – 19.8x
P/S 21.9x 2.7x 4.3x
P/B -14.3x 1.1x 2.5x
P/Tangible book -12.1x 1.2x 6.8x
EV/EBITDA -450.8x – 22.8x
EV/EBIT -213.1x 11.5x 43.2x
EV/Revenue 25.9x 1.8x 5.1x
EV/FCF -1,437x – 27.1x
EV/Operating cash flow -1,437x – 23.4x
PEG (3Y EPS CAGR) – 0.14 -10.07

Growth

14 metrics
MetricLLYVATCOMFWONA
Revenue growth (1Y) 14.9% 18.1% 12.2%
Revenue CAGR (3Y) – 27.2% 75.9%
Gross profit growth (1Y) – 16.9% 1,012%
Gross profit CAGR (3Y) – 40.9% 29.5%
Operating income growth (1Y) 57.4% -28.2% 49.1%
Operating income CAGR (3Y) – 42.4% 37.8%
Net income growth (1Y) -20.5% 34.1% 113.5%
Net income CAGR (3Y) – 54.9% -34.0%
EPS growth (1Y) – 33.2% 122.2%
EPS CAGR (3Y) – 51.8% -5.1%
Operating cash flow growth (1Y) – – 18.7%
Operating cash flow CAGR (3Y) – – 19.7%
Free cash flow growth (1Y) – – 15.6%
Free cash flow CAGR (3Y) – – 73.7%

Profitability

14 metrics
MetricLLYVATCOMFWONA
Gross margin 18.7% 80.0% 28.2%
EBITDA margin -5.7% – 22.5%
Operating margin -12.1% 15.9% 11.9%
Pretax margin -137.3% 45.7% 14.3%
Net margin -108.1% 36.1% 9.4%
FCF margin -1.8% – 19.0%
Operating cash flow margin -1.8% – 21.9%
Return on equity – 14.3% 5.3%
Return on assets -22.6% 8.9% 2.6%
Return on invested capital -2.6% 5.3% 2.9%
Return on capital employed – 6.1% 3.6%
Asset turnover 0.2x 0.2x 0.3x
Cash conversion (OCF / net income) 0.0x – 2.3x
Stock comp / revenue 2.1% – 0.6%

Financial Health

11 metrics
MetricLLYVATCOMFWONA
Debt / assets 105.6% 10.2% 31.0%
Debt / equity -3.4x 0.2x 0.6x
Net debt / EBITDA -68.6x – 3.5x
Debt / FCF -290.0x – 6.0x
Liabilities / assets 131.1% 38.0% 52.0%
Equity / assets -31.1% 62.0% 48.0%
Interest coverage -1.7x 19.8x 1.9x
Current ratio 0.3x 1.3x 1.3x
Quick ratio 0.2x 1.0x 1.1x
Cash ratio 0.2x 0.9x 0.9x
Altman Z-score 0.30 – 2.47

Shareholder Returns

7 metrics
MetricLLYVATCOMFWONA
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – 0.0% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusLLYVATCOMFWONA
Forward P/E – 10.6xFY2026 45.3xFY2026
EPS, next fiscal year – $3.64FY2026 $1.85FY2026
EPS growth, next FY – -44.2%FY2026 -16.3%FY2026
EPS growth, the year after – +17.0% +14.6%
Revenue, next fiscal year – $9.46BFY2026 $4.97BFY2026
Revenue growth, next FY – +6.0%FY2026 +10.9%FY2026
Revenue growth, the year after – +20.9% -0.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLLYVATCOMFWONA
Held by institutions 100.0% 23.0% 9.3%
Institutions holding 250 319 300
Change in shares held, QoQ +0.9% +1.2% +10.2%
Institutions buying 105 152 154
Institutions selling 70 119 77
Buyers to sellers 1.50 1.28 2.00

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.

LLYVATCOMFWONA
LLYVA 1.00 0.05 0.38
TCOM 0.05 1.00 0.12
FWONA 0.38 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LLYVA, TCOM and FWONA?

Trip.com (TCOM) is the largest by market capitalisation: Liberty Live Holdings (LLYVA) $8.93B, Trip.com (TCOM) $25.05B, Liberty Media (FWONA) $18.82B.

Which stock is cheaper, LLYVA, TCOM and FWONA?

Trip.com (TCOM) trades on the lowest price-to-earnings ratio (Liberty Live Holdings (LLYVA) -20.3x, Trip.com (TCOM) 7.4x, Liberty Media (FWONA) 51.6x). On next year's consensus earnings, Trip.com (TCOM) is cheapest (Trip.com (TCOM) 10.6x, Liberty Media (FWONA) 45.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Trip.com (TCOM) grew revenue fastest over the trailing twelve months: Liberty Live Holdings (LLYVA) +14.9%, Trip.com (TCOM) +18.1%, Liberty Media (FWONA) +12.2%.

Which company is more profitable?

Trip.com (TCOM) has the highest net margin (Liberty Live Holdings (LLYVA) -108.1%, Trip.com (TCOM) 36.1%, Liberty Media (FWONA) 9.4%). On return on invested capital, Trip.com (TCOM) leads (Liberty Live Holdings (LLYVA) -2.6%, Trip.com (TCOM) 5.3%, Liberty Media (FWONA) 2.9%).

Which stock has performed better?

Over the past year Liberty Live Holdings (LLYVA) returned the most: Liberty Live Holdings (LLYVA) +10.0%, Trip.com (TCOM) -46.7%, Liberty Media (FWONA) -4.0%. Over five years, Liberty Media (FWONA) compounded fastest (Trip.com (TCOM) +6.2%/yr, Liberty Media (FWONA) +10.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Liberty Media (FWONA) has been the steadiest (Liberty Live Holdings (LLYVA) 31.7%, Trip.com (TCOM) 36.2%, Liberty Media (FWONA) 24.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LLYVA, TCOM and FWONA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Trip.com (TCOM) 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.