Liberty Media (FWONA) Net Margin (2011 - 2026)
Liberty Media (FWONA) recorded Net Margin of 0.54% in Q2 2026, down 14.68 percentage points from 15.21% a year earlier and down 7.48 percentage points from the prior quarter.
Liberty Media (FWONA) Net Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Liberty Media's Net Margin came in at 9.40% as of Jun 30, 2026, up 74.43 percentage points year-over-year; for FY2025, it came in at 12.38%, up 68.86 percentage points from FY2024.
- Annual Net Margin has a five-year change of +27.56 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -56.47% in FY2024 (-77.78 pp), 21.30% in FY2023 (-36.11 pp), 57.42% in FY2022 (+53.93 pp) and 3.49% in FY2021 (+18.67 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q4 2024.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -12.54 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 261.13 percentage points in Q3 2025, against a drop of 301.07 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.02% (Q1 2026), 20.70% (Q4 2025) and 1.20% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.82 Bn | 7.83 Bn | 1.94 Bn | 3.34% |
| 2 | Liberty Media | 20.68 Bn | 15.24 Bn | 329.00 Mn | 0.54% |
| 3 | TKO Group Holdings | 13.08 Bn | 10.00 Bn | 990.96 Mn | 6.57% |
| 4 | Liberty Live Holdings | 8.72 Bn | 6.75 Bn | 30.26 Mn | -182.69% |
| 5 | Cinemark Holdings | 4.50 Bn | 1.09 Bn | - | 26.00% |
| 6 | Madison Square Garden Entertainment | 3.68 Bn | 2.87 Bn | 75.84 Mn | -5.09% |
| 7 | Amc Entertainment Holdings | 2.16 Bn | 246.92 Mn | 1.05 Bn | -0.71% |
| 8 | Marcus | 874.05 Mn | 805.64 Mn | 106.56 Mn | 6.84% |
| 9 | Reading International | 40.05 Mn | 10.16 Mn | 14.10 Mn | 3.39% |
| 10 | Nip | 17.92 Mn | -30,357.30 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.54% |
| Mar 31, 2026 | 8.02% |
| Dec 31, 2025 | 20.70% |
| Sep 30, 2025 | 1.20% |
| Jun 30, 2025 | 15.21% |
| Mar 31, 2025 | 1.12% |
| Dec 31, 2024 | -30.42% |
| Sep 30, 2024 | -259.93% |
| Jun 30, 2024 | 46.26% |
| Mar 31, 2024 | 34.58% |
| Dec 31, 2023 | 8.78% |
| Sep 30, 2023 | 41.13% |
| Jun 30, 2023 | 25.45% |
| Mar 31, 2023 | 3.64% |
| Sep 30, 2022 | 12.04% |
| Jun 30, 2022 | 19.09% |
| Mar 31, 2022 | 9.34% |
| Dec 31, 2021 | -7.29% |
| Sep 30, 2021 | 10.58% |
| Jun 30, 2021 | 14.50% |
Liberty Media Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=FWONA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FWONA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FWONA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();