Liberty Media (FWONA) Return on Invested Capital [ROIC] (2013 - 2026)
Liberty Media (FWONA) posted Return on Invested Capital [ROIC] of 2.95% for Q2 2026, up 0.72 percentage points from 2.23% a year earlier but down 1.42 percentage points from the prior quarter.
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Analysis
Liberty Media (FWONA) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Liberty Media's Return on Invested Capital [ROIC] came in at 4.10%, up 2.39 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for three consecutive years, with a five-year change of +3.64 percentage points (FY2020 to FY2025).
- In prior years, Liberty Media's Return on Invested Capital [ROIC] was 1.70% in FY2024 (+1.03 pp), 0.67% in FY2023 (+0.27 pp), 0.40% in FY2022 (-4.65 pp) and 5.05% in FY2021 (+4.59 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -0.99% in Q1 2023 to a high of 5.05% in Q4 2021 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last three quarters, with an average year-over-year change of +1.19 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2022, with a gain of 4.76 percentage points; the weakest was Q1 2023, with a drop of 5.92 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 4.37% (Q1 2026), 3.41% (Q4 2025) and 1.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.55 Bn | 7.05 Bn | 2.36 Bn | 5.24% |
| 2 | Liberty Media | 25.33 Bn | 19.13 Bn | 494.00 Mn | 3.04% |
| 3 | TKO Group Holdings | 14.30 Bn | 11.45 Bn | 871.13 Mn | 8.17% |
| 4 | Liberty Live Holdings | 9.32 Bn | 7.24 Bn | 20.12 Mn | -2.30% |
| 5 | Cinemark Holdings | 4.55 Bn | 961.17 Mn | - | 9.68% |
| 6 | Madison Square Garden Entertainment | 3.75 Bn | 2.78 Bn | 90.38 Mn | 19.62% |
| 7 | Amc Entertainment Holdings | 2.91 Bn | 610.73 Mn | 1.13 Bn | 18.37% |
| 8 | Marcus | 828.87 Mn | 707.62 Mn | 113.63 Mn | 5.91% |
| 9 | Reading International | 40.17 Mn | 10.27 Mn | 14.10 Mn | 1.42% |
| 10 | Nip | 10.14 Mn | -30,357.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.04% |
| Jun 30, 2026 | 2.95% |
| Mar 31, 2026 | 4.37% |
| Dec 31, 2025 | 3.41% |
| Sep 30, 2025 | 1.40% |
| Jun 30, 2025 | 2.23% |
| Mar 31, 2025 | 1.15% |
| Dec 31, 2024 | 2.62% |
| Sep 30, 2024 | 1.49% |
| Jun 30, 2024 | 0.88% |
| Mar 31, 2024 | 1.08% |
| Dec 31, 2023 | 0.68% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | -0.99% |
| Dec 31, 2022 | 0.41% |
| Sep 30, 2022 | 4.45% |
| Jun 30, 2022 | 4.79% |
| Mar 31, 2022 | 5.11% |
| Dec 31, 2021 | 5.23% |
API Access
Liberty Media Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=FWONA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=FWONA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();