Liberty Media Corporation – Series C Liberty Formula One
Description
Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.
About
CEO
Mr. Stefano Domenicali
Employees
0
Instrument type
Common Stock
Sector
Communication Services
Industry
Entertainment
MIC code
XNGS
Address
12300 Liberty Boulevard, Englewood, CO 80112, United States
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![Enlarged Chart]()
Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Aug 6, 2025 | — | — | — | — |
| May 6, 2025 | — | — | — | — |
| Feb 26, 2025 | 0.42 | — | — | — |
| Nov 7, 2024 | 0.19 | 0.16 | -0.03 | -15.79% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 0 | — | 4 |
| Average estimate | — | 0.00 | — | 1.35 |
| Low estimate | — | 0.00 | — | 1.00 |
| High estimate | — | 0.00 | — | 1.76 |
| Last year EPS | — | — | — | 1.26 |
[stock_revenue_estimate]
Growth estimates
Current qtr
14.630%
Next qtr. (Mar 2025)
—
Current year
103.870%
Next year (Dec 2025)
7.120%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 3.22B | 2.57B | 2.14B | 1.15B | 2.02B |
| Cost of revenue | 2.24B | 1.75B | 1.49B | 974.00M | 1.39B |
| Gross profit | 982.00M | 823.00M | 647.00M | 171.00M | 628.00M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 316.00M | 288.00M | 210.00M | 174.00M | 210.00M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 297.00M | 173.00M | 40.00M | -444.00M | -35.00M |
| Non operating interest income | |||||
| Income | — | — | — | 7.00M | — |
| Expense | 214.00M | 149.00M | 123.00M | 146.00M | 195.00M |
| Other income expense | 128.00M | 227.00M | -74.00M | -123.00M | -171.00M |
| Pretax income | 211.00M | 251.00M | -157.00M | -706.00M | -401.00M |
| Tax provision | 27.00M | -311.00M | -37.00M | -112.00M | -90.00M |
| Net income | 184.00M | 562.00M | -120.00M | -594.00M | -311.00M |
| Basic EPS | 0.79 | 2.39 | -0.82 | -2.57 | -1.35 |
| Diluted EPS | 0.62 | 2.15 | -0.82 | -2.57 | -1.35 |
| Basic average shares | 234.00M | 233.00M | 232.00M | 232.00M | 231.00M |
| Diluted average shares | 234.00M | 233.00M | 232.00M | 232.00M | 231.00M |
| EBITDA | 752.00M | 647.00M | 384.00M | -248.00M | 510.00M |
| Net income from continuing op. | 184.00M | 562.00M | -120.00M | -594.00M | -311.00M |
| Minority interests | 1.00M | -4.00M | -70.00M | -2.00M | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 10.27B | 11.02B | 11.66B | 11.19B | 11.51B |
| Current assets | |||||
| Cash | 1.00B | — | — | — | — |
| Cash equivalents | 406.00M | — | — | — | — |
| Cash and cash equivalents | 1.41B | 1.73B | 2.07B | 1.68B | 587.00M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 123.00M | 123.00M | 66.00M | 121.00M | 69.00M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 180.00M | 167.00M | 229.00M | 459.00M | 92.00M |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -135.00M | -108.00M | -89.00M | -74.00M | -59.00M |
| Goodwill | 10.77B | 11.08B | 11.42B | 11.80B | 12.22B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 2.86B | 3.16B | 3.51B | 3.88B | 4.30B |
| Investments and advances | 41.00M | 253.00M | 221.00M | 207.00M | 1.17B |
| Other non current assets | 863.00M | 1.21B | 1.49B | 757.00M | 1.21B |
| Total liabilities | 3.85B | 4.08B | 4.72B | 4.64B | 6.26B |
| Current liabilities | |||||
| Accounts payable | 535.00M | 396.00M | 308.00M | 150.00M | 264.00M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | 36.00M | 61.00M | 695.00M | 209.00M | — |
| Deferred revenue | 247.00M | 347.00M | 253.00M | 259.00M | 113.00M |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | 32.00M | 29.00M | 23.00M | 17.00M | 17.00M |
| Non current liabilities | |||||
| Long term debt | 2.87B | 2.89B | 2.94B | 3.55B | 5.68B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 3.00M | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 188.00M | 362.00M | 492.00M | 394.00M | 161.00M |
| Shareholders equity | |||||
| Common stock | — | — | — | — | — |
| Retained earnings | — | — | — | — | — |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 6.42B | 6.94B | 6.94B | 6.56B | 5.24B |
| Additional paid in capital | — | — | — | — | — |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | 25.00M | 600.00M | 5.00M | 2.00M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | 184.00M | 562.00M | -120.00M | -594.00M | -311.00M | -150.00M | 257.00M | 329.00M | -175.00M | -29.00M | 8.99B | 1.41B | 832.00M | 997.00M |
| Depreciation | 369.00M | 362.00M | 397.00M | 441.00M | 453.00M | 460.00M | 405.00M | 10.00M | 9.00M | 16.00M | 315.00M | 42.00M | 53.00M | 823.00M |
| Deferred Taxes | -158.00M | -415.00M | -46.00M | -102.00M | -112.00M | -71.00M | -529.00M | 126.00M | -101.00M | -211.00M | -172.00M | 465.00M | 42.00M | -745.00M |
| Stock-Based Compensation | 20.00M | 16.00M | 29.00M | 21.00M | 28.00M | 25.00M | 32.00M | 13.00M | 37.00M | 57.00M | 191.00M | 27.00M | 11.00M | -121.00M |
| Other Non-Cash Items | -11.00M | -50.00M | 88.00M | 171.00M | -55.00M | -21.00M | -19.00M | -29.00M | 4.00M | -3.00M | -8.04B | -317.00M | -845.00M | 72.00M |
| Accounts Receivable | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Accounts Payable | — | — | — | -8.00M | 38.00M | 133.00M | -359.00M | -12.00M | — | -35.00M | -78.00M | 33.00M | 47.00M | -57.00M |
| Other Assets & Liabilities | 46.00M | -87.00M | -2.00M | -37.00M | 20.00M | -35.00M | 77.00M | -17.00M | 3.00M | -1.00M | 187.00M | 18.00M | -52.00M | — |
| Operating Cash Flow | 450.00M | 388.00M | 346.00M | -108.00M | 61.00M | 341.00M | -136.00M | 420.00M | -223.00M | -206.00M | 1.39B | 1.68B | 88.00M | 969.00M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | — | — | — | -21.00M | -44.00M | -14.00M | -10.00M | -2.00M | -33.00M | -2.00M | — | — | — | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -173.00M | -43.00M | -140.00M | 88.00M | 17.00M | 5.00M | -1.66B | -764.00M | -19.00M | 198.00M | -2.70B | -1.55B | -597.00M | -1.14B |
| Purchase of Investments | — | — | -575.00M | — | — | — | -9.00M | -259.00M | -496.00M | -615.00M | -237.00M | -402.00M | -732.00M | -542.00M |
| Sale of Investments | 110.00M | 53.00M | 204.00M | 13.00M | 69.00M | 244.00M | 16.00M | 335.00M | 509.00M | 176.00M | 309.00M | 1.39B | 1.01B | 751.00M |
| Investing Cash Flow | -84.00M | 685.00M | -1.16B | 75.00M | 37.00M | 227.00M | -1.67B | -641.00M | -38.00M | -257.00M | -2.56B | 240.00M | -263.00M | -468.00M |
| Financing Activities | ||||||||||||||
| Long-Term Debt Issuance | — | 2.88B | — | 1.27B | 129.00M | 699.00M | 1.60B | 438.00M | 38.00M | 2.76B | 5.92B | — | — | 132.00M |
| Long-Term Debt Payments | -70.00M | -3.56B | -322.00M | -614.00M | -7.00M | -1.31B | -1.67B | -2.00M | — | -670.00M | -2.78B | -750.00M | — | -1.05B |
| Other Financing Charges | -365.00M | 27.00M | 314.00M | 570.00M | -2.00M | -6.00M | -18.00M | -81.00M | -61.00M | 583.00M | -780.00M | -89.00M | 10.00M | 248.00M |
| Financing Cash Flow | -435.00M | -1.27B | 512.00M | 1.16B | 96.00M | -616.00M | 1.85B | 355.00M | -373.00M | 514.00M | 643.00M | -1.16B | -455.00M | -1.42B |
| Other Cash Details | ||||||||||||||
| End Cash Position | 1.41B | 1.73B | 2.07B | 1.68B | 587.00M | 160.00M | 282.00M | 168.00M | 76.00M | 522.00M | 1.09B | 603.00M | 970.00M | 2.09B |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 193.00M | 243.00M | 464.00M | -160.00M | 250.00M | 254.00M | -85.00M | 376.00M | -68.00M | -32.00M | 1.03B | 220.00M | 269.00M | 28.00M |
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