Liberty Media (FWONA) Operating Margin (2011 - 2026)
Liberty Media (FWONA) posted Operating Margin of 9.42% for Q2 2026, up 4.67% on a QoQ basis from 9.0% in Q1 2026, and down 1146.0% year-over-year from 0.9% in Q2 2025.
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Liberty Media (FWONA) Operating Margin (2011 - 2026) Analysis & Trends
Liberty Media has reported Operating Margin for 16 years, with the latest figure at 9.42% in Q2 2026.
- On a quarterly basis, Operating Margin fell 1146.0% year-over-year to 9.42% in Q2 2026; TTM through Jun 2026 was 11.89%, a 294.0% increase from a year earlier, with the FY2025 full-year figure at 12.87%, up 502.0% from the prior year.
- Operating Margin was 9.42% for Q2 2026 at Liberty Media, up from 9.0% in the prior quarter.
- The five-year high for Operating Margin was 23.34% in Q4 2022, with the low at 14.99% in Q1 2025.
- Average Operating Margin over 5 years is 10.07%, with a median of 11.43% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Margin surged 2419 bps in 2024, then plunged 3117 bps in 2025.
- Over 5 years, Operating Margin stood at 23.34% in 2022, then tumbled by 60 bps to 9.43% in 2023, then sank by 79 bps to 1.97% in 2024, then soared by 550 bps to 12.8% in 2025, then retreated by 26 bps to 9.42% in 2026.
- The last three Operating Margin figures came in at 9.42% (Q2 2026), 9.0% (Q1 2026), and 12.8% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 39.85 Bn | 30.78 Bn | 1.94 Bn | 6.81% |
| 2 | Liberty Media | 21.86 Bn | 20.23 Bn | 329.00 Mn | 9.42% |
| 3 | TKO Group Holdings | 14.58 Bn | 13.03 Bn | 990.96 Mn | 27.78% |
| 4 | Liberty Live Holdings | 8.69 Bn | 8.17 Bn | 30.26 Mn | -0.64% |
| 5 | Madison Square Garden Entertainment | 3.63 Bn | 3.34 Bn | 75.84 Mn | -4.40% |
| 6 | Emerald Holding | 997.46 Mn | 876.36 Mn | 99.50 Mn | 12.55% |
| 7 | TEN Holdings | 39.99 Mn | 34.06 Mn | 627,000.00 | -409.44% |
| 8 | Nip | 37.24 Mn | -10,346.86 Bn | - | - |
| 9 | Lingerie Fighting Championships | 128,025.52 | 108,697.52 | -1,246.00 | -279.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.42% |
| Mar 31, 2026 | 9.00% |
| Dec 31, 2025 | 12.80% |
| Sep 30, 2025 | 14.56% |
| Jun 30, 2025 | 20.88% |
| Mar 31, 2025 | -14.99% |
| Dec 31, 2024 | 1.97% |
| Sep 30, 2024 | 12.07% |
| Jun 30, 2024 | 5.97% |
| Mar 31, 2024 | 16.18% |
| Dec 31, 2023 | 9.43% |
| Sep 30, 2023 | 10.79% |
| Jun 30, 2023 | 7.14% |
| Mar 31, 2023 | -8.01% |
| Dec 31, 2022 | 23.34% |
| Sep 30, 2022 | 15.58% |
| Jun 30, 2022 | 17.07% |
| Mar 31, 2022 | 18.02% |
| Dec 31, 2021 | 16.12% |
| Sep 30, 2021 | 22.65% |