Liberty Global (LBTYA) Operating Margin (2012 - 2026)
Liberty Global's Operating Margin was 0.26% in Q2 2026, down 2.08 percentage points from 2.33% a year earlier and down 1.61 percentage points from the prior quarter.
Liberty Global (LBTYA) Operating Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Liberty Global's Operating Margin was -1.78% through Jun 30, 2026, down 3.41 percentage points year-over-year; for FY2025, it was -0.48%, up 0.91 percentage points from FY2024.
- Operating Margin shows a five-year change of -18.07 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -1.38% in FY2024, 2.74% in FY2022 (-10.07 pp) and 12.80% in FY2021 (-4.79 pp).
- Quarterly Operating Margin has moved between -8.58% (Q4 2025) and 6.24% (Q3 2022) over five years.
- Compared with a year earlier, Operating Margin has declined for four straight quarters, with an average year-over-year change of +0.92 percentage points over the last seven quarters.
- The best year-over-year quarter for Operating Margin over five years was Q3 2024 (a gain of 8.13 percentage points); the worst was Q3 2021 (a drop of 17.31 percentage points).
- Per Business Quant data, LBTYA's Operating Margin in the three quarters before Q2 2026 was 1.87% (Q1 2026), -8.58% (Q4 2025) and -0.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 180.70 Bn | 143.83 Bn | 27.03 Bn | 20.96% |
| 2 | T-Mobile US | 166.34 Bn | 151.09 Bn | 14.76 Bn | 24.09% |
| 3 | At&T | 152.87 Bn | 84.83 Bn | 25.82 Bn | 22.30% |
| 4 | Grupo Televisa, S.A.B | 147.33 Bn | 139.07 Bn | 318.12 Mn | 11.00% |
| 5 | Comcast | 77.96 Bn | 42.03 Bn | - | 17.23% |
| 6 | Vodafone Group Public | 38.04 Bn | 7.44 Bn | - | - |
| 7 | Chunghwa Telecom | 36.76 Bn | 28.77 Bn | 728.80 Mn | 21.61% |
| 8 | EchoStar | 26.95 Bn | 18.03 Bn | 1.65 Bn | 14.34% |
| 9 | Telefonica Brasil | 20.89 Bn | 14.91 Bn | 1.42 Bn | 16.48% |
| 10 | Liberty Global | 2.64 Bn | -5.44 Bn | 796.60 Mn | 0.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26% |
| Mar 31, 2026 | 1.87% |
| Dec 31, 2025 | -8.58% |
| Sep 30, 2025 | -0.66% |
| Jun 30, 2025 | 2.33% |
| Mar 31, 2025 | 5.18% |
| Dec 31, 2024 | -4.29% |
| Sep 30, 2024 | 3.12% |
| Jun 30, 2024 | -3.12% |
| Mar 31, 2024 | -1.13% |
| Sep 30, 2023 | -5.00% |
| Jun 30, 2023 | -3.61% |
| Mar 31, 2023 | 0.98% |
| Sep 30, 2022 | 6.24% |
| Jun 30, 2022 | 1.40% |
| Mar 31, 2022 | 3.17% |
| Dec 31, 2021 | 4.21% |
| Sep 30, 2021 | 5.31% |
| Jun 30, 2021 | 17.97% |
| Mar 31, 2021 | 17.18% |
Liberty Global Operating 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=operating-margin&ticker=LBTYA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "LBTYA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=LBTYA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();