Liberty Media (FWONA) Return on Capital Employed [ROCE] (2013 - 2026)
Liberty Media (FWONA) recorded Return on Capital Employed [ROCE] of 3.63% in Q2 2026, up 0.32 percentage points from 3.31% a year earlier but down 1.36 percentage points from the prior quarter.
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Analysis
Liberty Media (FWONA) Return on Capital Employed [ROCE] (2013 - 2026) Analysis & Trends
For FY2025, Liberty Media reported Return on Capital Employed [ROCE] of 4.35%, up 3.25 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, with a five-year change of +3.90 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 1.10% in FY2024 (+0.39 pp), 0.72% in FY2023 (+0.33 pp), 0.38% in FY2022 (-4.88 pp) and 5.26% in FY2021 (+4.82 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from -3.33% in Q3 2023 to 6.04% in Q1 2022 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 11 consecutive quarters, with an average year-over-year change of +2.02 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 5.85 percentage points in Q1 2022, against a drop of 8.50 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.99% (Q1 2026), 3.68% (Q4 2025) and 3.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.58 Bn | 7.08 Bn | 2.36 Bn | 6.90% |
| 2 | Liberty Media | 25.03 Bn | 18.84 Bn | 494.00 Mn | 4.26% |
| 3 | TKO Group Holdings | 14.13 Bn | 11.28 Bn | 871.13 Mn | 8.69% |
| 4 | Liberty Live Holdings | 9.29 Bn | 7.21 Bn | 20.12 Mn | - |
| 5 | Cinemark Holdings | 4.64 Bn | 1.05 Bn | - | 9.62% |
| 6 | Madison Square Garden Entertainment | 3.76 Bn | 2.79 Bn | 90.38 Mn | 15.31% |
| 7 | Amc Entertainment Holdings | 2.98 Bn | 679.72 Mn | 1.13 Bn | 7.06% |
| 8 | Marcus | 843.01 Mn | 721.76 Mn | 113.63 Mn | 4.66% |
| 9 | Reading International | 39.60 Mn | 9.71 Mn | 14.10 Mn | 1.12% |
| 10 | Nip | 17.08 Mn | -25,746.60 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.26% |
| Jun 30, 2026 | 3.63% |
| Mar 31, 2026 | 4.99% |
| Dec 31, 2025 | 3.68% |
| Sep 30, 2025 | 3.20% |
| Jun 30, 2025 | 3.31% |
| Mar 31, 2025 | 1.07% |
| Dec 31, 2024 | 2.40% |
| Sep 30, 2024 | 1.43% |
| Jun 30, 2024 | 0.98% |
| Mar 31, 2024 | 1.04% |
| Dec 31, 2023 | 0.70% |
| Sep 30, 2023 | -3.33% |
| Jun 30, 2023 | -2.22% |
| Mar 31, 2023 | -0.93% |
| Dec 31, 2022 | 0.39% |
| Sep 30, 2022 | 5.18% |
| Jun 30, 2022 | 5.66% |
| Mar 31, 2022 | 6.04% |
| Sep 30, 2016 | 6.01% |
API Access
Liberty Media Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=FWONA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=FWONA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();