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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.88 Bn | 7.38 Bn | 2.36 Bn | 4.28% |
| 2 | Liberty Media | 25.35 Bn | 19.15 Bn | 494.00 Mn | 13.30% |
| 3 | TKO Group Holdings | 13.90 Bn | 11.06 Bn | 871.13 Mn | 7.26% |
| 4 | Liberty Live Holdings | 9.40 Bn | 7.31 Bn | 20.12 Mn | 315.17% |
| 5 | Cinemark Holdings | 4.46 Bn | 870.56 Mn | - | 23.24% |
| 6 | Madison Square Garden Entertainment | 3.67 Bn | 2.70 Bn | 90.38 Mn | 4.10% |
| 7 | Amc Entertainment Holdings | 2.79 Bn | 494.56 Mn | 1.13 Bn | 6.39% |
| 8 | Marcus | 821.34 Mn | 700.09 Mn | 113.63 Mn | 7.89% |
| 9 | Reading International | 39.37 Mn | 9.48 Mn | 14.10 Mn | 3.39% |
| 10 | Nip | 10.27 Mn | -30,357.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.30% |
| 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% |
API Access
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_KEYimport 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();