Liberty Broadband (LBRDA) Financials

$95.71 -0.35 (-0.36%)

Closing price 05/28/2025 04:00 PM Eastern

Extended Trading

$95.69 -0.02 (-0.02%)

As of 05/28/2025 04:08 PM Eastern

Annual Income Statements for Liberty Broadband

This table shows Liberty Broadband's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	869	688	1,257	732	398	117	70	2,034	917	-50
Consolidated Net Income / (Loss)	869	688	1,257	732	398	117	70	2,034	917	31
Net Income / (Loss) Continuing Operations	869	688	1,257	732	398	117	70	2,034	917	31
Total Pre-Tax Income	1,082	888	1,534	950	361	155	92	2,451	1,476	-70
Total Operating Income	92	73	-39	-98	-60	-29	-12	-25	-21	59
Total Gross Profit	1,016	981	975	988	51	15	22	13	31	172
Total Revenue	1,016	981	975	988	51	15	22	13	31	172
Operating Revenue	1,016	981	975	988	51	15	22	13	31	167
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	924	908	1,014	1,086	111	44	34	39	52	32
Selling, General & Admin Expense	717	678	685	724	96	42	31	35	35	43
Depreciation Expense	207	230	262	267	15	2.00	2.78	3.77	4.01	6.09
Other Operating Expenses / (Income)	0.00	-	-	-	-	-	-	-	2.80	6.10
Total Other Income / (Expense), net	990	815	1,573	1,048	421	184	104	2,476	1,497	-129
Interest Expense	194	206	133	117	28	25	23	20	15	7.42
Interest & Investment Income	1,198	1,054	1,660	1,261	630	287	170	2,512	741	-115
Other Income / (Expense), net	-14	-33	46	-96	-181	-78	-43	-16	771	-7.04
Income Tax Expense	213	200	277	218	-37	38	22	417	558	-20
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-
Basic Earnings per Share	$6.08	$4.71	$8.01	$3.97	$2.18	$0.65	$0.39	$11.19	$6.03	($0.49)
Weighted Average Basic Shares Outstanding	143.28M	142.93M	146.30M	167.87M	195.32M	181.90M	179.40M	181.70M	152.10M	102.40M
Diluted Earnings per Share	$6.08	$4.68	$7.96	$3.93	$2.17	$0.64	$0.38	$11.10	$6.00	($0.49)
Weighted Average Diluted Shares Outstanding	143.28M	142.93M	146.30M	167.87M	195.32M	181.90M	179.40M	181.70M	152.10M	102.40M
Weighted Average Basic & Diluted Shares Outstanding	143.28M	142.93M	146.30M	167.87M	195.32M	181.90M	179.40M	181.70M	152.10M	102.40M

This table shows Liberty Broadband's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	268	291	142	195	241	205	162	252	69	178	315
Consolidated Net Income / (Loss)	268	291	142	195	241	205	162	252	69	178	315
Net Income / (Loss) Continuing Operations	268	291	142	195	241	205	162	252	69	178	315
Total Pre-Tax Income	264	339	181	253	309	262	208	326	92	232	376
Total Operating Income	43	13	30	21	28	13	21	23	16	-33	-12
Total Gross Profit	266	263	262	246	245	250	240	245	246	250	248
Total Revenue	266	263	262	246	245	250	240	245	246	250	248
Operating Revenue	266	263	262	246	245	250	240	245	246	250	248
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	223	250	232	225	217	237	219	222	230	283	260
Selling, General & Admin Expense	170	200	177	173	167	176	164	166	172	178	175
Depreciation Expense	53	50	55	52	50	61	55	56	58	67	66
Total Other Income / (Expense), net	221	326	151	232	281	249	187	303	76	265	388
Interest Expense	40	45	46	52	51	55	54	52	45	42	35
Interest & Investment Income	281	360	202	280	356	317	245	358	134	300	457
Other Income / (Expense), net	-20	11	-5.00	4.00	-24	-13	-4.00	-3.00	-13	7.00	-34
Income Tax Expense	-4.00	48	39	58	68	57	46	74	23	54	61
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Basic Earnings per Share	$1.87	$2.04	$0.99	$1.36	$1.69	$1.40	$1.11	$1.73	$0.47	$1.26	$2.07
Weighted Average Basic Shares Outstanding	143.33M	143.28M	142.85M	142.85M	142.85M	142.93M	146.07M	146.21M	146.20M	146.30M	148.28M
Diluted Earnings per Share	$1.87	$2.04	$0.99	$1.36	$1.69	$1.40	$1.10	$1.71	$0.47	$1.27	$2.05
Weighted Average Diluted Shares Outstanding	143.33M	143.28M	142.85M	142.85M	142.85M	142.93M	146.07M	146.21M	146.20M	146.30M	148.28M
Weighted Average Basic & Diluted Shares Outstanding	143.33M	143.28M	142.85M	142.85M	142.85M	142.93M	146.07M	146.21M	146.20M	146.30M	148.28M

This table details how cash moves in and out of Liberty Broadband's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	53	-224	194	-1,227	1,383	-33	1.85	-124	-449	610
Net Cash From Operating Activities	104	16	-56	3.00	-96	-37	-26	-30	-12	35
Net Cash From Continuing Operating Activities	104	16	-56	3.00	-96	-37	-26	-30	-12	35
Net Income / (Loss) Continuing Operations	869	688	1,257	732	398	117	70	2,034	917	-50
Consolidated Net Income / (Loss)	869	688	1,257	732	398	117	70	2,034	917	-50
Depreciation Expense	207	230	262	267	15	2.00	2.78	3.77	4.01	6.09
Non-Cash Adjustments To Reconcile Net Income	-1,142	-964	-1,676	-1,133	-436	-195	-119	-2,487	-1,500	150
Changes in Operating Assets and Liabilities, net	170	62	101	137	-73	39	20	420	567	-70
Net Cash From Investing Activities	130	150	3,047	4,062	575	-1.00	-0.04	-0.06	-4,991	-2.48
Net Cash From Continuing Investing Activities	130	150	3,047	4,062	575	-1.00	-0.04	-0.06	-4,991	-2.48
Purchase of Property, Plant & Equipment	-247	-222	-181	-134	-2.00	-1.00	-0.04	-0.07	-0.27	-0.73
Purchase of Investments	0.00	-53	0.00	0.00	-	-	-	-	-155	-18
Divestitures	335	394	3,197	4,194	592	0.00	0.00	-	-	-
Other Investing Activities, net	42	31	31	2.00	-15	0.00	0.00	0.01	0.45	-1.74
Net Cash From Financing Activities	-181	-390	-2,797	-5,292	904	5.00	28	-94	4,553	577
Net Cash From Continuing Financing Activities	-181	-390	-2,797	-5,292	904	5.00	28	-94	4,553	577
Repayment of Debt	-1,231	-1,619	-240	-2,487	-1,324	3.00	-134	-601	0.00	-40
Repurchase of Common Equity	-89	-227	-2,882	-4,272	-597	0.00	0.00	-	-	-
Issuance of Debt	1,139	1,501	325	1,467	2,825	50	158	500	201	72
Other Financing Activities, net	0.00	-45	0.00	0.00	-	-48	3.66	6.32	-48	545

This table details how cash moves in and out of Liberty Broadband's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	336	55	95	-35	-62	66	7.00	-91	-206	166	-89
Net Cash From Operating Activities	78	1.00	24	27	52	62	9.00	-96	41	4.00	-78
Net Cash From Continuing Operating Activities	78	1.00	24	27	52	62	9.00	-96	41	4.00	-78
Net Income / (Loss) Continuing Operations	268	291	142	195	241	205	162	252	69	178	315
Consolidated Net Income / (Loss)	268	291	142	195	241	205	162	252	69	178	315
Depreciation Expense	53	50	55	52	50	61	55	56	58	67	66
Non-Cash Adjustments To Reconcile Net Income	-261	-362	-188	-270	-322	-291	-227	-346	-100	-258	-428
Changes in Operating Assets and Liabilities, net	18	22	15	50	83	87	19	-58	14	17	-31
Net Cash From Investing Activities	257	61	73	-22	18	279	-48	-69	-12	410	742
Net Cash From Continuing Investing Activities	257	61	73	-22	18	279	-48	-69	-12	410	742
Purchase of Property, Plant & Equipment	-65	-64	-60	-62	-61	-73	-52	-43	-54	-49	-54
Divestitures	300	109	110	35	81	352	-	-	42	432	796
Other Investing Activities, net	22	16	23	5.00	-2.00	-	4.00	27	0.00	27	-
Net Cash From Financing Activities	1.00	-7.00	-2.00	-40	-132	-275	46	74	-235	-248	-753
Net Cash From Continuing Financing Activities	1.00	-7.00	-2.00	-40	-132	-275	46	74	-235	-248	-753
Repayment of Debt	-450	-32	-850	-286	-63	-69	-3.00	-128	-1,419	-32	-2.00
Repurchase of Common Equity	0.00	-	-	-	-89	-187	-	-	-40	-241	-751
Issuance of Debt	451	25	848	246	20	-	50	203	1,248	25	-

This table presents Liberty Broadband's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	16,687	15,641	15,142	16,968	21,373	12,256	12,098	11,932	9,591	3,566
Total Current Assets	423	430	660	459	1,846	52	85	84	258	678
Cash & Equivalents	163	158	375	191	1,418	50	83	81	206	655
Accounts Receivable	195	178	201	206	349	1.22	-	-	-	2.46
Prepaid Expenses	65	94	84	62	79	-	-	-	-	-
Plant, Property, & Equipment, net	1,150	1,053	1,011	1,031	1,099	0.00	0.00	0.00	0.00	1.25
Total Noncurrent Assets	15,114	14,158	13,471	15,478	18,428	12,204	12,014	11,848	9,333	2,886
Long-Term Investments	13,057	12,116	11,433	13,260	16,179	12,195	12,004	11,836	9,315	2,812
Goodwill	755	755	755	762	746	6.50	-	-	-	6.50
Intangible Assets	1,002	1,051	1,103	1,160	1,257	0.89	-	-	16	12
Other Noncurrent Operating Assets	300	236	180	296	151	2.15	9.49	12	1.49	0.27
Total Liabilities & Shareholders' Equity	16,687	15,641	15,142	16,968	21,373	12,256	12,098	11,932	9,591	3,566
Total Liabilities	6,879	6,618	6,641	6,829	7,858	1,588	1,500	1,445	1,118	418
Total Current Liabilities	200	178	1,675	582	612	12	8.20	11	412	15
Short-Term Debt	3.00	3.00	1,376	28	31	0.00	-	-	400	0.00
Accounts Payable	112	86	92	99	98	6.11	3.50	5.38	7.93	10
Current Deferred Revenue	21	30	20	25	25	4.84	4.69	5.17	4.19	2.63
Other Current Liabilities	64	59	187	430	458	1.19	-	-	-	2.25
Total Noncurrent Liabilities	6,679	6,440	4,966	6,247	7,246	1,576	1,492	1,434	706	402
Long-Term Debt	3,753	3,733	2,425	3,733	4,785	573	523	497	199	400
Capital Lease Obligations	72	83	86	89	93	0.00	-	-	-	-
Noncurrent Deferred Revenue	113	65	63	35	40	1.81	-	-	0.00	2.44
Noncurrent Deferred & Payable Income Tax Liabilities	2,388	2,216	2,040	1,998	1,978	1,000	966	933	505	0.00
Other Noncurrent Operating Liabilities	353	343	352	392	350	1.75	2.87	4.38	2.60	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	9,808	9,023	8,501	10,139	13,515	10,668	10,599	10,487	8,473	3,148
Total Preferred & Common Equity	9,793	9,003	8,483	10,127	13,503	10,668	10,599	10,487	8,473	3,148
Total Common Equity	9,793	9,003	8,483	10,127	13,503	10,668	10,599	10,487	8,473	3,148
Common Stock	3,008	3,108	3,319	6,215	10,322	7,892	7,940	7,910	7,948	3,539
Retained Earnings	6,712	5,843	5,155	3,898	3,166	2,768	2,651	2,569	518	-400
Accumulated Other Comprehensive Income / (Loss)	73	52	9.00	14	15	8.16	7.78	8.42	7.66	8.91
Noncontrolling Interest	15	20	18	12	12	0.00	-	-	-	-

This table presents Liberty Broadband's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	16,995	16,303	15,959	15,740	15,768	15,409	15,129	15,119
Total Current Assets	797	417	309	350	430	393	454	492
Cash & Equivalents	226	168	73	108	88	81	169	203
Accounts Receivable	174	186	176	186	220	183	194	210
Prepaid Expenses	397	63	60	56	122	129	91	79
Plant, Property, & Equipment, net	1,164	0.00	0.00	1,078	0.00	0.00	1,012	0.00
Total Noncurrent Assets	15,034	15,886	15,650	14,312	15,338	15,016	13,663	14,627
Long-Term Investments	13,060	12,760	12,535	12,281	12,229	11,916	11,609	11,547
Goodwill	755	755	755	755	755	755	755	755
Intangible Assets	992	1,014	1,027	1,039	1,067	1,079	1,093	1,119
Other Noncurrent Operating Assets	227	1,357	1,333	237	1,287	1,266	206	1,199
Total Liabilities & Shareholders' Equity	16,995	16,303	15,959	15,740	15,768	15,409	15,129	15,119
Total Liabilities	6,928	6,765	6,598	6,582	6,771	6,570	6,545	6,543
Total Current Liabilities	573	201	184	193	229	194	293	244
Short-Term Debt	370	3.00	3.00	3.00	5.00	5.00	5.00	3.00
Accounts Payable	105	112	101	94	104	92	86	113
Current Deferred Revenue	21	30	30	29	28	24	21	20
Other Current Liabilities	77	56	50	67	92	73	181	108
Total Noncurrent Liabilities	6,355	6,564	6,414	6,389	6,542	6,376	6,252	6,264
Long-Term Debt	3,443	3,709	3,606	3,636	3,860	3,729	3,674	3,773
Capital Lease Obligations	71	79	81	81	83	84	85	87
Noncurrent Deferred Revenue	130	93	76	77	66	63	62	38
Noncurrent Deferred & Payable Income Tax Liabilities	2,367	2,342	2,311	2,255	2,184	2,146	2,074	2,007
Other Noncurrent Operating Liabilities	344	341	340	340	349	354	357	359
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	10,067	9,538	9,361	9,158	8,997	8,839	8,584	8,576
Total Preferred & Common Equity	10,052	9,520	9,343	9,138	8,977	8,819	8,566	8,560
Total Common Equity	10,052	9,520	9,343	9,138	8,977	8,819	8,566	8,560
Common Stock	3,012	3,029	3,024	3,019	3,294	3,287	3,283	3,565
Retained Earnings	6,980	6,421	6,279	6,084	5,638	5,476	5,224	4,977
Accumulated Other Comprehensive Income / (Loss)	60	70	40	35	45	56	59	18
Noncontrolling Interest	15	18	18	20	20	20	18	16

This table displays calculated financial ratios and metrics derived from Liberty Broadband's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.57%	0.62%	-1.32%	1,837.25%	240.00%	-32.60%	70.00%	-57.20%	-82.22%	149.11%
EBITDA Growth	5.56%	0.37%	268.49%	132.30%	-115.24%	-102.52%	-35.91%	-105.06%	1,199.84%	147.88%
EBIT Growth	95.00%	471.43%	103.61%	19.50%	-125.23%	-95.88%	-30.31%	-105.59%	1,344.56%	139.87%
NOPAT Growth	30.64%	276.98%	57.68%	-14.15%	-202.19%	-139.31%	56.74%	-60.74%	-131.87%	237.19%
Net Income Growth	26.31%	-45.27%	71.72%	83.92%	240.17%	67.26%	-96.56%	121.70%	2,894.69%	122.76%
EPS Growth	29.91%	-41.21%	102.54%	81.11%	239.06%	68.42%	-96.58%	85.00%	1,324.49%	67.76%
Operating Cash Flow Growth	550.00%	128.57%	-1,966.67%	103.13%	-159.46%	-40.90%	12.56%	-152.40%	-133.72%	1,193.59%
Free Cash Flow Firm Growth	229.48%	192.70%	-134.64%	111.26%	-12,192.42%	-35.15%	-94.14%	-25.82%	783.61%	-239.92%
Invested Capital Growth	-26.76%	-2.07%	7.81%	-34.95%	182.41%	-3.89%	-3.57%	-87.12%	-796.38%	239.92%
Revenue Q/Q Growth	1.30%	0.00%	0.10%	26.39%	311.12%	3.49%	0.57%	2.15%	-80.67%	192.92%
EBITDA Q/Q Growth	4.78%	8.00%	8.47%	37,535.90%	-9.28%	-25.74%	-182.68%	30.47%	-2.03%	227.22%
EBIT Q/Q Growth	44.44%	185.71%	146.67%	8.99%	-15.62%	-25.32%	-153.18%	28.68%	-2.03%	198.00%
NOPAT Q/Q Growth	3.09%	171.91%	-50.00%	23.78%	-113.82%	-12.14%	14.05%	-10.78%	-1,059.61%	438.84%
Net Income Q/Q Growth	10.98%	4.08%	-14.26%	20.07%	76.82%	192.13%	-96.69%	11,003.83%	-0.74%	144.66%
EPS Q/Q Growth	11.76%	2.86%	-9.13%	19.09%	76.42%	204.76%	-96.71%	4,926.09%	3.27%	34.67%
Operating Cash Flow Q/Q Growth	-36.97%	138.10%	70.98%	-96.09%	-106.10%	1.10%	-16.64%	1.41%	44.32%	10.74%
Free Cash Flow Firm Q/Q Growth	-24.37%	-41.30%	60.82%	112.56%	-4,980.59%	315.94%	-94.71%	6,237.69%	10.11%	0.00%
Invested Capital Q/Q Growth	3.74%	-9.55%	-19.89%	-3.33%	179.16%	-2.93%	-0.33%	-88.37%	-6.16%	91.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	28.05%	27.52%	27.59%	7.39%	-443.14%	-700.00%	-232.96%	-291.39%	2,465.01%	33.72%
Operating Margin	9.06%	7.44%	-4.00%	-9.92%	-117.65%	-193.33%	-53.98%	-194.61%	-69.18%	34.28%
EBIT Margin	7.68%	4.08%	0.72%	-19.64%	-472.55%	-713.33%	-245.44%	-320.19%	2,451.91%	30.18%
Profit (Net Income) Margin	85.53%	70.13%	128.92%	74.09%	780.39%	780.00%	314.31%	15,533.66%	2,999.09%	17.81%
Tax Burden Percent	80.31%	77.48%	81.94%	77.05%	110.25%	75.48%	76.14%	82.99%	62.16%	-43.72%
Interest Burden Percent	1,387.18%	2,220.00%	21,914.29%	-489.69%	-149.79%	-144.86%	-168.19%	-5,846.04%	196.77%	-134.94%
Effective Tax Rate	19.69%	22.52%	18.06%	22.95%	-10.25%	24.52%	23.86%	17.01%	37.84%	0.00%
Return on Invested Capital (ROIC)	15.02%	9.85%	-5.72%	-11.06%	0.00%	0.00%	0.00%	0.00%	0.00%	404.20%
ROIC Less NNEP Spread (ROIC-NNEP)	6.11%	2.14%	-20.43%	-18.31%	0.00%	0.00%	0.00%	0.00%	0.00%	404.58%
Return on Net Nonoperating Assets (RNNOA)	-5.79%	-2.00%	19.20%	17.25%	0.00%	0.00%	0.00%	0.00%	0.00%	-403.11%
Return on Equity (ROE)	9.23%	7.85%	13.49%	6.19%	3.29%	1.10%	0.66%	21.45%	15.79%	1.09%
Cash Return on Invested Capital (CROIC)	45.91%	11.94%	-13.23%	31.28%	-229.34%	0.00%	0.00%	0.00%	0.00%	-113.81%
Operating Return on Assets (OROA)	0.48%	0.26%	0.04%	-1.01%	-1.43%	-0.88%	-0.45%	-0.39%	11.40%	1.58%
Return on Assets (ROA)	5.38%	4.47%	7.83%	3.82%	2.37%	0.96%	0.58%	18.90%	13.94%	0.93%
Return on Common Equity (ROCE)	9.21%	7.84%	13.47%	6.18%	3.29%	1.10%	0.66%	21.45%	15.79%	1.09%
Return on Equity Simple (ROE_SIMPLE)	8.87%	7.64%	14.82%	7.23%	2.95%	1.10%	0.66%	19.39%	10.83%	0.97%
Net Operating Profit after Tax (NOPAT)	74	57	-32	-76	-66	-22	-9.15	-21	-13	41
NOPAT Margin	7.27%	5.77%	-3.28%	-7.64%	-129.71%	-145.94%	-41.10%	-161.50%	-43.00%	23.99%
Net Nonoperating Expense Percent (NNEP)	8.91%	7.71%	14.71%	7.25%	3.81%	1.20%	0.69%	20.15%	15.45%	-0.38%
Return On Investment Capital (ROIC_SIMPLE)	0.54%	0.44%	-0.26%	-0.54%	-0.36%	-0.19%	-0.08%	-0.19%	-0.15%	1.16%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	70.57%	69.11%	70.26%	73.28%	188.24%	280.00%	141.49%	265.81%	113.46%	24.88%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	33.48%	9.90%
Operating Expenses to Revenue	90.94%	92.56%	104.00%	109.92%	217.65%	293.33%	153.98%	294.61%	169.18%	18.74%
Earnings before Interest and Taxes (EBIT)	78	40	7.00	-194	-241	-107	-55	-42	750	52
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	285	270	269	73	-226	-105	-52	-38	754	58
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.08	1.31	1.33	2.81	2.08	2.12	1.23	1.47	1.55	1.69
Price to Tangible Book Value (P/TBV)	1.32	1.64	1.70	3.46	2.45	2.12	1.23	1.47	1.56	1.70
Price to Revenue (P/Rev)	10.45	12.01	11.54	28.76	551.52	1,507.60	585.14	1,181.33	430.42	30.99
Price to Earnings (P/E)	12.22	17.12	8.95	38.81	70.67	193.28	186.17	7.61	14.35	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	8.18%	5.84%	11.18%	2.58%	1.42%	0.52%	0.54%	13.15%	6.97%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.99	5.89	5.77	34.99	18.68	0.00	0.00	0.00	0.00	31.50
Enterprise Value to Revenue (EV/Rev)	1.23	3.41	3.43	19.05	302.97	729.50	65.53	309.08	137.10	13.11
Enterprise Value to EBITDA (EV/EBITDA)	4.37	12.38	12.43	257.85	0.00	0.00	0.00	0.00	5.56	38.86
Enterprise Value to EBIT (EV/EBIT)	15.96	83.59	477.68	0.00	0.00	0.00	0.00	0.00	5.59	43.42
Enterprise Value to NOPAT (EV/NOPAT)	16.85	59.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	54.62
Enterprise Value to Operating Cash Flow (EV/OCF)	11.97	208.99	0.00	6,274.26	0.00	0.00	0.00	0.00	0.00	63.88
Enterprise Value to Free Cash Flow (EV/FCFF)	5.51	48.77	0.00	88.17	0.00	697.66	60.30	9.80	7.53	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.39	0.42	0.46	0.38	0.36	0.05	0.05	0.05	0.07	0.13
Long-Term Debt to Equity	0.39	0.42	0.30	0.38	0.36	0.05	0.05	0.05	0.02	0.13
Financial Leverage	-0.95	-0.93	-0.94	-0.94	-1.01	-1.09	-1.09	-1.08	-1.04	-1.00
Leverage Ratio	1.72	1.76	1.72	1.62	1.39	1.15	1.14	1.14	1.13	1.16
Compound Leverage Factor	23.81	39.00	377.50	-7.94	-2.08	-1.66	-1.92	-66.36	2.23	-1.57
Debt to Total Capital	28.07%	29.74%	31.38%	27.52%	26.64%	5.10%	4.70%	4.53%	6.60%	11.27%
Short-Term Debt to Total Capital	0.02%	0.02%	11.11%	0.20%	0.17%	0.00%	0.00%	0.00%	4.41%	0.00%
Long-Term Debt to Total Capital	28.05%	29.72%	20.27%	27.32%	26.48%	5.10%	4.70%	4.53%	2.19%	11.27%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.11%	0.16%	0.15%	0.09%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	71.82%	70.11%	68.48%	72.39%	73.29%	94.90%	95.30%	95.47%	93.40%	88.73%
Debt to EBITDA	13.43	14.14	14.45	52.74	-21.72	-5.46	-10.09	-13.04	0.79	6.89
Net Debt to EBITDA	-32.95	-31.31	-29.45	-131.52	56.14	111.16	223.05	299.34	-11.90	-53.04
Long-Term Debt to EBITDA	13.42	14.13	9.33	52.36	-21.58	-5.46	-10.09	-13.04	0.26	6.89
Debt to NOPAT	51.81	67.52	-121.63	-50.99	-74.21	-26.17	-57.17	-23.52	-45.50	9.69
Net Debt to NOPAT	-127.11	-149.49	247.86	127.15	191.81	533.18	1,264.28	540.10	682.07	-74.55
Long-Term Debt to NOPAT	51.77	67.47	-78.57	-50.61	-73.74	-26.17	-57.17	-23.52	-15.09	9.69
Altman Z-Score	1.58	1.68	1.48	2.83	2.39	8.83	5.51	6.72	7.38	7.82
Noncontrolling Interest Sharing Ratio	0.19%	0.22%	0.16%	0.10%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.12	2.42	0.39	0.79	3.02	4.29	10.32	7.97	0.63	44.11
Quick Ratio	1.79	1.89	0.34	0.68	2.89	4.20	10.14	7.70	0.62	43.35
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	226	69	-74	213	-1,897	16	24	413	557	-81
Operating Cash Flow to CapEx	42.11%	7.21%	-30.94%	2.24%	-4,800.00%	-3,700.00%	-64,048.78%	-42,901.43%	-4,456.18%	4,827.50%
Free Cash Flow to Firm to Interest Expense	1.16	0.33	-0.56	1.82	-67.74	0.63	1.04	21.11	37.23	-10.97
Operating Cash Flow to Interest Expense	0.54	0.08	-0.42	0.03	-3.43	-1.48	-1.13	-1.53	-0.80	4.75
Operating Cash Flow Less CapEx to Interest Expense	-0.74	-1.00	-1.78	-1.12	-3.50	-1.52	-1.13	-1.54	-0.81	4.65
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.06	0.06	0.06	0.05	0.00	0.00	0.00	0.00	0.00	0.05
Accounts Receivable Turnover	5.45	5.18	4.79	3.56	0.29	0.00	0.00	0.00	0.00	111.72
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.92	0.95	0.95	0.93	0.00	0.00	0.00	0.00	0.00	71.10
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	67.00	70.51	76.18	102.52	1,253.22	0.00	0.00	0.00	0.00	3.27
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	67.00	70.51	76.18	102.52	1,253.22	0.00	0.00	0.00	0.00	3.27
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	416	568	580	538	827	-1,004	-966	-933	-498	72
Invested Capital Turnover	2.07	1.71	1.74	1.45	-0.58	-0.02	-0.02	-0.02	-0.14	16.85
Increase / (Decrease) in Invested Capital	-152	-12	42	-289	1,831	-38	-33	-434	-570	123
Enterprise Value (EV)	1,245	3,344	3,344	18,823	15,451	10,943	1,458	4,047	4,193	2,254
Market Capitalization	10,622	11,779	11,247	28,412	28,127	22,614	13,023	15,466	13,165	5,331
Book Value per Share	$68.56	$61.64	$57.21	$57.35	$75.65	$58.76	$58.44	$57.67	$46.64	$30.50
Tangible Book Value per Share	$56.26	$49.27	$44.68	$46.47	$64.43	$58.72	$58.44	$57.67	$46.55	$30.32
Total Capital	13,636	12,842	12,388	13,989	18,424	11,241	11,122	10,984	9,072	3,548
Total Debt	3,828	3,819	3,887	3,850	4,909	573	523	497	599	400
Total Long-Term Debt	3,825	3,816	2,511	3,822	4,878	573	523	497	199	400
Net Debt	-9,392	-8,455	-7,921	-9,601	-12,688	-11,671	-11,565	-11,420	-8,971	-3,077
Capital Expenditures (CapEx)	247	222	181	134	2.00	1.00	0.04	0.07	0.27	0.73
Debt-free, Cash-free Net Working Capital (DFCFNWC)	63	97	-14	-286	-153	-9.73	-6.72	-7.75	-8.44	-1.25
Debt-free Net Working Capital (DFNWC)	226	255	361	-95	1,265	40	76	74	246	663
Net Working Capital (NWC)	223	252	-1,015	-123	1,234	40	76	74	-154	663
Net Nonoperating Expense (NNE)	-795	-631	-1,289	-808	-464	-139	-79	-2,055	-930	11
Net Nonoperating Obligations (NNO)	-9,392	-8,455	-7,921	-9,601	-12,688	-11,671	-11,565	-11,420	-8,971	-3,077
Total Depreciation and Amortization (D&A)	207	230	262	267	15	2.00	2.78	3.77	4.01	6.09
Debt-free, Cash-free Net Working Capital to Revenue	6.20%	9.89%	-1.44%	-28.95%	-300.00%	-64.87%	-30.21%	-59.21%	-27.61%	-0.73%
Debt-free Net Working Capital to Revenue	22.24%	25.99%	37.03%	-9.62%	2,480.39%	266.63%	343.18%	561.45%	805.28%	385.37%
Net Working Capital to Revenue	21.95%	25.69%	-104.10%	-12.45%	2,419.61%	266.63%	343.18%	561.45%	-502.51%	385.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.08	$4.71	$8.01	$3.97	$2.18	$0.65	$0.39	$11.19	$6.03	($0.49)
Adjusted Weighted Average Basic Shares Outstanding	143.28M	142.93M	146.30M	167.87M	195.32M	181.90M	181.36M	181.34M	181.80M	103.32M
Adjusted Diluted Earnings per Share	$6.08	$4.68	$7.96	$3.93	$2.17	$0.64	$0.38	$11.10	$6.00	($0.49)
Adjusted Weighted Average Diluted Shares Outstanding	143.28M	142.93M	146.30M	167.87M	195.32M	181.90M	181.36M	181.34M	181.80M	103.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.65	$0.39	$0.00	$6.03	($0.49)
Adjusted Weighted Average Basic & Diluted Shares Outstanding	143.28M	142.93M	146.30M	167.87M	195.32M	181.90M	181.36M	181.34M	181.80M	103.32M
Normalized Net Operating Profit after Tax (NOPAT)	74	57	23	-2.31	-42	-22	-9.15	-21	-13	13
Normalized NOPAT Margin	7.27%	5.77%	2.35%	-0.23%	-82.35%	-145.94%	-41.10%	-161.50%	-43.00%	7.80%
Pre Tax Income Margin	106.50%	90.52%	157.33%	96.15%	707.84%	1,033.33%	412.82%	18,718.30%	4,824.66%	-40.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.40	0.19	0.05	-1.66	-8.61	-4.28	-2.34	-2.14	50.14	6.99
NOPAT to Interest Expense	0.38	0.27	-0.24	-0.65	-2.36	-0.88	-0.39	-1.08	-0.88	5.56
EBIT Less CapEx to Interest Expense	-0.87	-0.88	-1.31	-2.80	-8.68	-4.32	-2.35	-2.15	50.13	6.89
NOPAT Less CapEx to Interest Expense	-0.89	-0.80	-1.60	-1.79	-2.43	-0.92	-0.39	-1.08	-0.90	5.46
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	10.24%	32.99%	229.28%	583.61%	150.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Liberty Broadband's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.57%	5.20%	9.17%	0.41%	-0.41%	0.00%	-3.23%	2.51%	3.36%	0.40%	-0.80%
EBITDA Growth	40.74%	21.31%	11.11%	1.32%	-11.48%	48.78%	260.00%	-64.49%	1,116.67%	105.00%	-81.31%
EBIT Growth	475.00%	0.00%	47.06%	25.00%	33.33%	100.00%	136.96%	-86.58%	104.29%	45.83%	-217.95%
NOPAT Growth	99.89%	9.71%	43.90%	-8.96%	81.98%	140.17%	262.69%	2,325.26%	97.23%	-59.31%	-150.56%
Net Income Growth	11.20%	41.95%	-12.35%	-22.62%	249.28%	15.17%	-48.57%	-45.81%	-76.92%	-54.01%	32.91%
EPS Growth	10.65%	45.71%	-10.00%	-20.47%	259.57%	10.24%	-46.34%	-40.42%	-73.45%	-38.65%	58.91%
Operating Cash Flow Growth	50.00%	-98.39%	166.67%	128.13%	26.83%	1,450.00%	111.54%	-33.33%	-54.44%	103.01%	-412.00%
Free Cash Flow Firm Growth	-228.70%	635.89%	122.98%	321.62%	274.30%	132.94%	163.30%	-152.90%	-170.73%	-124.65%	88.78%
Invested Capital Growth	35.99%	-26.76%	-36.15%	-32.88%	-14.21%	-2.07%	-13.26%	22.91%	14.23%	7.81%	30.09%
Revenue Q/Q Growth	1.14%	0.38%	6.50%	0.41%	-2.00%	4.17%	-2.04%	-0.41%	-1.60%	0.81%	3.77%
EBITDA Q/Q Growth	2.70%	-7.50%	3.90%	42.59%	-11.48%	-15.28%	-5.26%	24.59%	48.78%	105.00%	-90.65%
EBIT Q/Q Growth	-4.17%	-4.00%	0.00%	525.00%	0.00%	-100.00%	-15.00%	566.67%	111.54%	43.48%	-130.87%
NOPAT Q/Q Growth	291.17%	-52.59%	45.41%	-25.88%	114.69%	-37.81%	-8.01%	48.16%	147.40%	-151.85%	-1,158.27%
Net Income Q/Q Growth	-7.90%	104.93%	-27.18%	-19.09%	17.56%	26.54%	-35.71%	265.22%	-61.24%	-43.49%	-32.26%
EPS Q/Q Growth	-8.33%	106.06%	-27.21%	-19.53%	20.71%	27.27%	-35.67%	263.83%	-62.99%	-38.05%	-28.57%
Operating Cash Flow Q/Q Growth	7,700.00%	-95.83%	-11.11%	-48.08%	-16.13%	588.89%	109.38%	-334.15%	925.00%	105.13%	-8.33%
Free Cash Flow Firm Q/Q Growth	-181.12%	-34.88%	7.44%	126.75%	363.83%	-80.27%	206.78%	-78.34%	12.36%	62.07%	-326.62%
Invested Capital Q/Q Growth	59.86%	3.74%	-9.48%	-9.41%	-13.91%	-9.55%	-4.85%	15.79%	-1.72%	-19.89%	34.82%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	28.57%	28.14%	30.53%	31.30%	22.04%	24.40%	30.00%	31.02%	24.80%	16.40%	8.06%
Operating Margin	16.17%	4.94%	11.45%	8.54%	11.43%	5.20%	8.75%	9.39%	6.50%	-13.20%	-4.84%
EBIT Margin	8.65%	9.13%	9.54%	10.16%	1.63%	0.00%	7.08%	8.16%	1.22%	-10.40%	-18.55%
Profit (Net Income) Margin	100.75%	110.65%	54.20%	79.27%	98.37%	82.00%	67.50%	102.86%	28.05%	71.20%	127.02%
Tax Burden Percent	101.52%	85.84%	78.45%	77.08%	77.99%	78.24%	77.88%	77.30%	75.00%	76.72%	83.78%
Interest Burden Percent	1,147.83%	1,412.50%	724.00%	1,012.00%	7,725.00%	0.00%	1,223.53%	1,630.00%	3,066.67%	-892.31%	-817.39%
Effective Tax Rate	-1.52%	14.16%	21.55%	22.92%	22.01%	21.76%	22.12%	22.70%	25.00%	23.28%	16.22%
Return on Invested Capital (ROIC)	29.49%	8.76%	17.51%	11.70%	16.50%	6.95%	9.89%	11.99%	8.97%	-17.66%	-6.17%
ROIC Less NNEP Spread (ROIC-NNEP)	27.01%	5.63%	16.16%	9.61%	13.87%	4.57%	8.09%	9.18%	8.31%	-19.99%	-9.69%
Return on Net Nonoperating Assets (RNNOA)	-25.39%	-5.33%	-15.26%	-9.03%	-13.04%	-4.27%	-7.47%	-8.57%	-7.82%	18.79%	9.06%
Return on Equity (ROE)	4.10%	3.43%	2.25%	2.67%	3.46%	2.68%	2.42%	3.43%	1.15%	1.12%	2.90%
Cash Return on Invested Capital (CROIC)	-14.48%	45.91%	58.05%	51.06%	27.79%	11.94%	17.28%	-21.35%	-17.78%	-13.23%	-29.48%
Operating Return on Assets (OROA)	0.55%	0.57%	0.60%	0.64%	0.10%	0.00%	0.45%	0.52%	0.08%	-0.63%	-1.08%
Return on Assets (ROA)	6.38%	6.95%	3.39%	4.96%	6.25%	5.23%	4.29%	6.53%	1.74%	4.32%	7.37%
Return on Common Equity (ROCE)	4.10%	3.42%	2.25%	2.67%	3.45%	2.67%	2.41%	3.42%	1.15%	1.12%	2.89%
Return on Equity Simple (ROE_SIMPLE)	8.91%	0.00%	8.22%	8.59%	9.41%	0.00%	7.36%	9.23%	11.99%	0.00%	17.13%
Net Operating Profit after Tax (NOPAT)	44	11	24	16	22	10	16	18	12	-25	-10
NOPAT Margin	16.41%	4.24%	8.98%	6.58%	8.91%	4.07%	6.81%	7.26%	4.88%	-10.13%	-4.05%
Net Nonoperating Expense Percent (NNEP)	2.48%	3.14%	1.35%	2.09%	2.63%	2.38%	1.80%	2.81%	0.67%	2.32%	3.53%
Return On Investment Capital (ROIC_SIMPLE)	0.31%	0.08%	0.18%	0.12%	0.17%	0.08%	0.13%	0.14%	0.10%	-0.20%	-0.08%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	63.91%	76.05%	67.56%	70.33%	68.16%	70.40%	68.33%	67.76%	69.92%	71.20%	70.56%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	83.83%	95.06%	88.55%	91.46%	88.57%	94.80%	91.25%	90.61%	93.50%	113.20%	104.84%
Earnings before Interest and Taxes (EBIT)	23	24	25	25	4.00	0.00	17	20	3.00	-26	-46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	76	74	80	77	54	61	72	76	61	41	20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.21	1.08	1.15	0.83	0.91	1.31	1.48	1.32	1.40	1.33	1.34
Price to Tangible Book Value (P/TBV)	1.47	1.32	1.42	1.03	1.14	1.64	1.86	1.67	1.79	1.70	1.72
Price to Revenue (P/Rev)	11.74	10.45	10.94	7.95	8.51	12.01	13.55	11.79	12.22	11.54	11.78
Price to Earnings (P/E)	13.59	12.22	14.01	9.71	9.70	17.12	20.11	14.32	11.70	8.95	7.83
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	7.36%	8.18%	7.14%	10.30%	10.31%	5.84%	4.97%	6.98%	8.55%	11.18%	12.78%
Enterprise Value to Invested Capital (EV/IC)	4.20	2.99	4.62	0.00	0.00	5.89	7.87	5.30	7.05	5.77	4.97
Enterprise Value to Revenue (EV/Rev)	2.69	1.23	1.85	0.00	0.00	3.41	5.04	3.54	4.09	3.43	3.70
Enterprise Value to EBITDA (EV/EBITDA)	9.09	4.37	6.82	0.00	0.00	12.38	19.77	17.66	11.96	12.43	14.52
Enterprise Value to EBIT (EV/EBIT)	28.78	15.96	34.34	0.00	0.00	83.59	353.09	0.00	50.23	477.68	0.00
Enterprise Value to NOPAT (EV/NOPAT)	30.20	16.85	25.87	0.00	0.00	59.12	237.65	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	21.48	11.97	11.24	0.00	0.00	208.99	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	5.51	6.21	0.00	0.00	48.77	42.32	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.39	0.39	0.40	0.39	0.41	0.42	0.44	0.43	0.44	0.46	0.45
Long-Term Debt to Equity	0.35	0.39	0.40	0.39	0.41	0.42	0.44	0.43	0.44	0.30	0.45
Financial Leverage	-0.94	-0.95	-0.94	-0.94	-0.94	-0.93	-0.92	-0.93	-0.94	-0.94	-0.94
Leverage Ratio	1.70	1.72	1.73	1.72	1.74	1.76	1.76	1.74	1.75	1.72	1.70
Compound Leverage Factor	19.54	24.25	12.53	17.44	134.41	0.00	21.51	28.42	53.56	-15.37	-13.92
Debt to Total Capital	27.84%	28.07%	28.44%	28.27%	28.89%	29.74%	30.50%	30.17%	30.48%	31.38%	31.06%
Short-Term Debt to Total Capital	2.65%	0.02%	0.02%	0.02%	0.02%	0.02%	0.04%	0.04%	0.04%	11.11%	0.02%
Long-Term Debt to Total Capital	25.19%	28.05%	28.42%	28.25%	28.86%	29.72%	30.46%	30.13%	30.44%	20.27%	31.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.11%	0.11%	0.14%	0.14%	0.16%	0.16%	0.15%	0.16%	0.15%	0.15%	0.13%
Common Equity to Total Capital	72.05%	71.82%	71.42%	71.59%	70.96%	70.11%	69.35%	69.68%	69.37%	68.48%	68.82%
Debt to EBITDA	12.65	13.43	13.94	13.98	14.14	14.14	15.79	19.28	11.20	14.45	15.58
Net Debt to EBITDA	-30.63	-32.95	-33.59	-33.78	-32.96	-31.31	-33.48	-41.31	-23.85	-29.45	-31.80
Long-Term Debt to EBITDA	11.45	13.42	13.93	13.97	14.13	14.13	15.77	19.26	11.19	9.33	15.56
Debt to NOPAT	42.01	51.81	52.89	57.14	56.23	67.52	189.80	-802.06	-156.62	-121.63	-181.31
Net Debt to NOPAT	-101.70	-127.11	-127.47	-138.09	-131.04	-149.49	-402.34	1,718.19	333.46	247.86	370.18
Long-Term Debt to NOPAT	38.01	51.77	52.85	57.09	56.19	67.47	189.56	-801.01	-156.41	-78.57	-181.17
Altman Z-Score	1.71	1.57	1.61	1.34	1.38	1.67	1.76	1.65	1.66	1.47	1.59
Noncontrolling Interest Sharing Ratio	0.18%	0.19%	0.21%	0.21%	0.21%	0.22%	0.20%	0.20%	0.19%	0.16%	0.14%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.39	2.12	2.07	1.68	1.81	2.42	1.88	2.03	1.55	0.39	2.02
Quick Ratio	0.70	1.79	1.76	1.35	1.52	1.89	1.35	1.36	1.24	0.34	1.69
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-132	163	251	233	103	22	112	-105	-59	-67	-178
Operating Cash Flow to CapEx	120.00%	1.56%	40.00%	43.55%	85.25%	84.93%	17.31%	-223.26%	75.93%	8.16%	-144.44%
Free Cash Flow to Firm to Interest Expense	-3.31	3.63	5.45	4.48	2.02	0.40	2.08	-2.02	-1.31	-1.60	-5.07
Operating Cash Flow to Interest Expense	1.95	0.02	0.52	0.52	1.02	1.13	0.17	-1.85	0.91	0.10	-2.23
Operating Cash Flow Less CapEx to Interest Expense	0.33	-1.40	-0.78	-0.67	-0.18	-0.20	-0.80	-2.67	-0.29	-1.07	-3.77
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Accounts Receivable Turnover	5.76	5.45	4.94	5.47	5.16	5.18	4.56	5.46	5.42	4.79	4.28
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.93	0.92	0.00	0.00	0.94	0.95	0.00	0.00	0.97	0.95	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	63.36	67.00	73.87	66.79	70.77	70.51	79.99	66.80	67.39	76.18	85.36
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	63.36	67.00	73.87	66.79	70.77	70.51	79.99	66.80	67.39	76.18	85.36
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	665	416	401	443	489	568	628	660	570	580	724
Invested Capital Turnover	1.80	2.07	1.95	1.78	1.85	1.71	1.45	1.65	1.84	1.74	1.52
Increase / (Decrease) in Invested Capital	176	-152	-227	-217	-81	-12	-96	123	71	42	167
Enterprise Value (EV)	2,792	1,245	1,855	-1,101	-306	3,344	4,943	3,497	4,018	3,344	3,601
Market Capitalization	12,179	10,622	10,974	7,799	8,343	11,779	13,292	11,656	12,014	11,247	11,472
Book Value per Share	$70.16	$68.56	$66.64	$65.41	$63.97	$61.64	$61.40	$60.32	$58.55	$57.21	$55.66
Tangible Book Value per Share	$57.96	$56.26	$54.26	$52.93	$51.41	$49.27	$48.94	$47.78	$45.92	$44.68	$43.48
Total Capital	13,951	13,636	13,329	13,051	12,878	12,842	12,945	12,657	12,348	12,388	12,439
Total Debt	3,884	3,828	3,791	3,690	3,720	3,819	3,948	3,818	3,764	3,887	3,863
Total Long-Term Debt	3,514	3,825	3,788	3,687	3,717	3,816	3,943	3,813	3,759	2,511	3,860
Net Debt	-9,402	-9,392	-9,137	-8,918	-8,669	-8,455	-8,369	-8,179	-8,014	-7,921	-7,887
Capital Expenditures (CapEx)	65	64	60	62	61	73	52	43	54	49	54
Debt-free, Cash-free Net Working Capital (DFCFNWC)	368	63	51	55	52	97	118	123	-3.00	-14	48
Debt-free Net Working Capital (DFNWC)	594	226	219	128	160	255	206	204	166	361	251
Net Working Capital (NWC)	224	223	216	125	157	252	201	199	161	-1,015	248
Net Nonoperating Expense (NNE)	-224	-280	-118	-179	-219	-195	-146	-234	-57	-203	-325
Net Nonoperating Obligations (NNO)	-9,402	-9,392	-9,137	-8,918	-8,669	-8,455	-8,369	-8,179	-8,014	-7,921	-7,852
Total Depreciation and Amortization (D&A)	53	50	55	52	50	61	55	56	58	67	66
Debt-free, Cash-free Net Working Capital to Revenue	35.49%	6.20%	5.08%	5.61%	5.31%	9.89%	12.03%	12.44%	-0.31%	-1.44%	4.93%
Debt-free Net Working Capital to Revenue	57.28%	22.24%	21.83%	13.05%	16.33%	25.99%	21.00%	20.63%	16.89%	37.03%	25.77%
Net Working Capital to Revenue	21.60%	21.95%	21.54%	12.74%	16.02%	25.69%	20.49%	20.12%	16.38%	-104.10%	25.46%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.87	$2.04	$0.99	$1.36	$1.69	$1.40	$1.11	$1.73	$0.47	$1.26	$2.07
Adjusted Weighted Average Basic Shares Outstanding	143.33M	143.28M	142.85M	142.85M	142.85M	142.93M	146.07M	146.21M	146.20M	146.30M	148.28M
Adjusted Diluted Earnings per Share	$1.87	$2.04	$0.99	$1.36	$1.69	$1.40	$1.10	$1.71	$0.47	$1.27	$2.05
Adjusted Weighted Average Diluted Shares Outstanding	143.33M	143.28M	142.85M	142.85M	142.85M	142.93M	146.07M	146.21M	146.20M	146.30M	148.28M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	143.33M	143.28M	142.85M	142.85M	142.85M	142.93M	146.07M	146.21M	146.20M	146.30M	148.28M
Normalized Net Operating Profit after Tax (NOPAT)	30	11	24	16	22	10	16	18	12	-25	5.86
Normalized NOPAT Margin	11.32%	4.24%	8.98%	6.58%	8.91%	4.07%	6.81%	7.26%	4.88%	-10.13%	2.36%
Pre Tax Income Margin	99.25%	128.90%	69.08%	102.85%	126.12%	104.80%	86.67%	133.06%	37.40%	92.80%	151.61%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.58	0.53	0.54	0.48	0.08	0.00	0.31	0.38	0.07	-0.62	-1.31
NOPAT to Interest Expense	1.09	0.25	0.51	0.31	0.43	0.18	0.30	0.34	0.27	-0.60	-0.29
EBIT Less CapEx to Interest Expense	-1.05	-0.89	-0.76	-0.71	-1.12	-1.33	-0.65	-0.44	-1.13	-1.79	-2.86
NOPAT Less CapEx to Interest Expense	-0.53	-1.17	-0.79	-0.88	-0.77	-1.14	-0.66	-0.49	-0.93	-1.77	-1.83
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	10.24%	35.25%	34.37%	32.09%	32.99%	42.51%	126.78%	202.43%	229.28%	272.99%

Frequently Asked Questions About Liberty Broadband's Financials

When does Liberty Broadband's financial year end?

According to the most recent income statement we have on file, Liberty Broadband's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Liberty Broadband's net income changed over the last 9 years?

Liberty Broadband's net income appears to be on an upward trend, with a most recent value of $869 million in 2024, rising from $30.63 million in 2015. The previous period was $688 million in 2023. See where experts think Liberty Broadband is headed by visiting Liberty Broadband's forecast page.

What is Liberty Broadband's operating income?

Liberty Broadband's total operating income in 2024 was $92 million, based on the following breakdown:

Total Gross Profit: $1.02 billion
Total Operating Expenses: $924 million

How has Liberty Broadband revenue changed over the last 9 years?

Over the last 9 years, Liberty Broadband's total revenue changed from $172 million in 2015 to $1.02 billion in 2024, a change of 490.7%.

How much debt does Liberty Broadband have?

Liberty Broadband's total liabilities were at $6.88 billion at the end of 2024, a 3.9% increase from 2023, and a 1,547.6% increase since 2015.

How much cash does Liberty Broadband have?

In the past 9 years, Liberty Broadband's cash and equivalents has ranged from $49.72 million in 2019 to $1.42 billion in 2020, and is currently $163 million as of their latest financial filing in 2024.

How has Liberty Broadband's book value per share changed over the last 9 years?

Over the last 9 years, Liberty Broadband's book value per share changed from 30.50 in 2015 to 68.56 in 2024, a change of 124.7%.

Related Companies

This page (NASDAQ:LBRDA) was last updated on 5/29/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Liberty Broadband (LBRDA) Financials

Frequently Asked Questions About Liberty Broadband's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Liberty Broadband (LBRDA) Financials

Annual Income Statements for Liberty Broadband

Quarterly Income Statements for Liberty Broadband

Annual Cash Flow Statements for Liberty Broadband

Quarterly Cash Flow Statements for Liberty Broadband

Annual Balance Sheets for Liberty Broadband

Quarterly Balance Sheets for Liberty Broadband

Annual Metrics And Ratios for Liberty Broadband

Quarterly Metrics And Ratios for Liberty Broadband

Frequently Asked Questions About Liberty Broadband's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools