Liberty Media Corp (FWONK)
Formula One Group is a global entity primarily involved in the motorsports industry, both domestically in the United States and abroad. It holds the exclusive commercial rights for the Formula 1 World Championship, an extensive series of motor races spanning roughly nine months each year. During this competition, both teams and individual drivers vie for separate titles: the Constructors' Championship for the teams and the Drivers' Championship for the individual racers. The company was established in 1950 and is headquartered in Englewood, Colorado, operating as a subsidiary of Liberty Media Corporation.
Sector: Television Broadcasting Stations
Industry: Entertainment
Liberty Media Corporation
-2.06%$89.27
AH Close$89.20-0.08%vs close
AH Close$89.20-0.08%vs close
Mkt Cap$20.03B
Float220.41M
O/S224.34M
Inst Own99.9%
SI4.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.48B
Net Income$555M
Total Assets$15.4B
Free Cash Flow$751M
Debt & Equity
Debt 40%
Equity 60%
Total Debt$5.12B
Total Equity$7.76B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FWONK's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$15.4B
Liabilities$6.95B
Accounts Receivable$229M
Accounts Payable$575M
Inventory$0
PP&E (Net)$868M
Goodwill$7.03B
Intangible Assets$5.1B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 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 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Revenue | $4.48B | $3.65B | $3.22B | $2.57B | $2.14B | $1.15B | $2.02B | $1.83B | $1.78B | $0 | $4.79B | $59M | $4B | $2B | $1.41B | $2.05B | $1.85B |
| YoY Growth | 22.7% | 13.4% | 25.2% | 20.5% | 86.6% | -43.4% | 10.7% | 2.5% | - | - | 8027.1% | -98.5% | 100.2% | 41.9% | -31.3% | 10.6% | - |
| Cost of Revenue | $3.36B | $2.49B | $2.24B | $1.75B | $1.49B | $974M | $1.39B | $1.27B | $1.22B | $10M | $2.72B | $1.63B | $1.82B | $2.08B | $0 | $0 | $1.27B |
| Gross Profit | $1.12B | $1.17B | $982M | $823M | $647M | $171M | $628M | $554M | $564M | -$10M | $2.08B | $59M | $2.18B | -$83.02M | $1.41B | $0 | $582M |
| Gross Margin | 24.9% | 31.9% | 30.5% | 32.0% | 30.3% | 14.9% | 31.1% | 30.3% | 31.6% | - | 43.3% | 100.0% | 54.4% | -4.2% | 100.0% | - | 31.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $35M | $408M | $316M | $288M | $210M | $174M | $210M | $204M | $199M | $58M | $72M | $136M | $764M | $176M | $151M | $525M | $564M |
| Other | $479M | $470M | $369M | $362M | $397M | $441M | $453M | $460M | $405M | $21M | $9M | $39M | $599M | $272M | $727M | $1.33B | $0 |
| Total Operating Expenses | $514M | $878M | $685M | $650M | $607M | $615M | $663M | $664M | $604M | $58M | $81M | $175M | $1.36B | $448M | $878M | $1.85B | $564M |
| Operating Income (EBIT) | $604M | $287M | $297M | $173M | $40M | -$444M | -$35M | -$110M | -$40M | $443M | -$81M | -$116M | $814M | -$80M | $531M | $195M | $18M |
| Operating Margin | 13.5% | 7.9% | 9.2% | 6.7% | 1.9% | -38.8% | -1.7% | -6.0% | -2.2% | - | -1.7% | -196.6% | 20.3% | -4.0% | 37.7% | 9.5% | 1.0% |
| Interest Expense | $28M | $208M | $214M | $149M | $123M | $146M | $195M | $192M | $220M | $19M | $20M | $21M | $132M | $7M | $16M | $65M | $132M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $133M |
| Other Income (Expense) | $129M | -$270M | -$86M | $78M | -$197M | -$262M | -$366M | -$90M | -$264M | $57M | -$196M | -$161M | $8.04B | $1.71B | $227M | $231M | $152M |
| Income Before Tax (EBT) | $733M | $17M | $211M | $251M | -$157M | -$706M | -$401M | -$200M | -$304M | $500M | -$277M | -$277M | $8.86B | $1.63B | $758M | $426M | $170M |
| Income Tax Expense | $137M | $47M | $27M | -$311M | -$37M | -$112M | -$90M | -$50M | -$561M | $171M | -$102M | -$248M | -$135M | $469M | $165M | -$571M | -$170M |
| Net Income | $555M | -$30M | $185M | $558M | -$190M | -$596M | -$311M | -$150M | $255M | $329M | -$175M | -$29M | $8.78B | $1.41B | $836M | $1B | $277M |
| Net Income Margin | 12.4% | -0.8% | 5.7% | 21.7% | -8.9% | -52.1% | -15.4% | -8.2% | 14.3% | - | -3.6% | -49.2% | 219.4% | 70.7% | 59.3% | 48.8% | 14.9% |
| Supplementary Data | |||||||||||||||||
| EPS | 2.15 | -0.13 | 0.79 | 2.39 | -0.82 | -2.57 | -1.35 | -0.65 | 1.23 | 1.03 | -0.38 | -0.06 | 17.37 | 8.20 | 4.85 | 5.80 | 1.61 |
| Diluted EPS | 2.15 | -0.12 | 0.79 | 2.15 | -0.82 | -2.57 | -1.35 | -0.65 | 1.21 | 1.02 | -0.38 | -0.06 | 17.18 | 8.20 | 4.85 | 5.80 | 1.61 |
| Weighted Average OS | 250.04M | 230.77M | 234.00M | 233.00M | 232.00M | 232.00M | 231.00M | 231.00M | 207.00M | 318.01M | 463.02M | 475.38M | 505.52M | 172.49M | 172.49M | 172.49M | 172.49M |
| EBITDA | $1.15B | $577M | $794M | $762M | $363M | -$119M | $247M | $452M | $321M | -$58M | -$72M | -$240M | $9.3B | $2.45B | $827M | $1.31B | $402M |
| EBITDA Margin | 25.7% | 15.8% | 24.6% | 29.6% | 17.0% | -10.4% | 12.2% | 24.7% | 18.0% | - | -1.5% | -406.8% | 232.5% | 122.7% | 58.7% | 64.1% | 21.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 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 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $1.05B | $2.63B | $1.41B | $1.73B | $2.07B | $1.68B | $587M | $160M | $282M | $168M | $76M | $681M | $1.09B | $1.35B | $2.07B |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $199M | $0 | $67M | $299M |
| Cash and Short-Term Investments | $1.05B | $2.63B | $1.41B | $1.73B | $2.07B | $1.68B | $587M | $160M | $282M | $168M | $76M | $880M | $1.09B | $1.42B | $2.37B |
| Accounts Receivable | $229M | $114M | $123M | $123M | $66M | $121M | $69M | $110M | $84M | $2M | $3M | $235M | $206M | $286M | $288M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.34M | $916M | $25.34B | $770M |
| Other Current Assets | $89M | $277M | $180M | $167M | $229M | $459M | $92M | $40M | $113M | $5M | $18M | $1.23B | $1.2B | $501M | $433M |
| Total Current Assets | $1.37B | $3.02B | $1.71B | $2.02B | $2.37B | $2.26B | $748M | $310M | $479M | $175M | $97M | $2.34B | $2.49B | $2.21B | $3.86B |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $868M | $810M | $838M | $408M | $119M | $124M | $112M | $90M | $95M | $89M | $104M | $1.76B | $1.81B | $207M | $215M |
| Goodwill | $7.03B | $4.13B | $3.96B | $3.96B | $3.96B | $3.96B | $3.96B | $3.96B | $3.96B | $0 | $14.35B | $14.35B | $14.37B | $332M | $332M |
| Intangible Assets | $5.1B | $2.69B | $2.86B | $3.16B | $3.51B | $3.88B | $4.3B | $4.74B | $5.11B | $1M | $10.77B | $10.77B | $10.87B | $602M | $652M |
| Long-Term Investments | $0 | $33M | $41M | $253M | $221M | $207M | $1.17B | $1.45B | $1.66B | $2.38B | $1.45B | $922M | $3.37B | $3.65B | $987M |
| Deferred Tax Assets | $539M | $577M | $608M | $0 | $0 | $0 | $0 | $91M | $31M | $0 | -$24.02B | $923.97M | $2.31B | $923.97B | $1.44B |
| Other Long-Term Assets | $491M | $494M | $255M | $1.21B | $1.49B | $757M | $1.21B | $325M | $470M | $350M | $303M | $147.03M | -$680M | -$922.65M | $238M |
| Total Long-Term Assets | $14.03B | $8.74B | $8.56B | $8.99B | $9.29B | $8.93B | $10.76B | $10.65B | $11.32B | $2.82B | $1.85B | $28.86B | $32.05B | $6.11B | $3.86B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $15.4B | $11.76B | $10.27B | $11.02B | $11.66B | $11.19B | $11.51B | $10.96B | $11.8B | $3B | $1.95B | $31.21B | $34.54B | $8.32B | $7.72B |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $575M | $645M | $472M | $396M | $308M | $150M | $264M | $233M | $258M | $16M | $17M | $712M | $670M | $34M | $15M |
| Short-Term Debt | $76M | $26M | $36M | $61M | $695M | $209M | $0 | $0 | $0 | $0 | $0 | $257M | $777M | $4M | $754M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $263M | $267M | $247M | $347M | $253M | $259M | $113M | $93M | $8M | $1.88B | $1.8B | $1.64B | $1.57B | $49M | $63M |
| Other Current Liabilities | $25M | $192M | $32M | $29M | $23M | $17M | $17M | $34M | $39M | $15M | -$17M | $40M | $150M | $38M | $85M |
| Total Current Liabilities | $939M | $1.13B | $787M | $833M | $1.3B | $692M | $426M | $360M | $305M | $31M | -$124M | $2.65B | $3.17B | $385M | $1.23B |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $5.05B | $2.97B | $2.87B | $2.89B | $2.94B | $3.55B | $5.68B | $5.04B | $5.8B | $1.58B | $1.03B | $5.59B | $4.78B | $536M | $541M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.67B | $159.5M | $164M | $39M | $39M |
| Long-Term Deferred Tax Liabilities | $656M | $0 | $3M | $0 | $0 | $0 | $0 | -$91M | -$31M | $39M | $1.67B | $2.44B | $2.31B | $802M | $409M |
| Other Long-Term Liabilities | $305M | $275M | $188M | $362M | $492M | $394M | $161M | $5M | $30M | $56M | -$1.61B | $188.5M | $234M | $131M | $251M |
| Total Long-Term Liabilities | $6.01B | $3.24B | $3.06B | $3.25B | $3.43B | $3.94B | $5.84B | $5.04B | $5.83B | $1.68B | $1.09B | $8.38B | $7.49B | $1.51B | $1.24B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.95B | $4.37B | $3.85B | $4.08B | $4.72B | $4.64B | $6.26B | $5.4B | $6.13B | $1.71B | $969M | $11.03B | $10.66B | $1.89B | $2.47B |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $0 | $6M | $0 |
| Common Stock | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $2M | $2M | $1M | $3M | $3M | $1M | $1M | $1M |
| Retained Earnings | $7.79B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.98B | $11.42B | $11.86B | $3.08B | $1.67B |
| Comprehensive Income & Other | -$30M | $0 | $0 | $0 | $0 | $0 | $0 | -$88M | -$77M | -$71M | -$93M | -$21M | $4M | $12M | $29M |
| Other Stockholders' Equity | -$30M | $7.39B | $6.42B | $6.91B | $6.34B | $6.55B | $5.24B | $5.55B | $5.67B | $1.28B | -$10B | -$21M | $2.22B | $3.36B | $3.59B |
| Total Equity | $7.76B | $7.39B | $6.42B | $6.91B | $6.34B | $6.55B | $5.24B | $5.55B | $5.67B | $1.29B | $983M | $11.4B | $14.08B | $6.44B | $5.26B |
| Minority Interest | $693M | $0 | $0 | $25M | $600M | $5M | $2M | $3M | $2M | $5.96B | $7.2B | $8.78B | $9.8B | -$8M | -$10M |
| Total Liabilities and Equity | $14.71B | $11.76B | $10.27B | $10.99B | $11.06B | $11.19B | $11.5B | $10.95B | $11.8B | $3B | $1.95B | $22.43B | $24.74B | $8.33B | $7.73B |
| Supplementary Data | |||||||||||||||
| Total Debt | $5.12B | $2.99B | $2.91B | $2.95B | $3.63B | $3.76B | $5.68B | $5.04B | $5.8B | $1.58B | $1.03B | $5.85B | $5.55B | $540M | $1.29B |
| Net Debt | $4.07B | $361M | $1.5B | $1.21B | $1.56B | $2.08B | $5.09B | $4.88B | $5.51B | $1.42B | $957M | $5.17B | $4.47B | -$813M | -$775M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 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 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Operating Activities | ||||||||||||||||
| Net Income | $555M | -$30M | $185M | $562M | -$120M | -$594M | -$311M | -$150M | $257M | $329M | -$175M | $395M | $8.99B | $1.41B | $832M | $997M |
| Depreciation & Amortization | $393M | $352M | $369M | $362M | $397M | $441M | $453M | $460M | $405M | $10M | $9M | $16M | $315M | $817M | $53M | $823M |
| Deferred Income Tax | $18M | -$72M | -$158M | -$415M | -$46M | -$102M | -$112M | -$71M | -$529M | $126M | -$101M | $91M | -$172M | $450M | $42M | -$745M |
| Stock-Based Compensation | $21M | $30M | $20M | $16M | $29M | $21M | $28M | $25M | $32M | $13M | $37M | $188M | $191M | $14M | $11M | -$121M |
| Changes in Working Capital: | ||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$38.98M | -$38.98M | -$38.98B | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.37M | $11.37M | $11.37B | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | -$8M | $38M | $133M | -$359M | -$12M | $0 | $33M | -$78M | $47M | $47M | -$57M |
| Other Working Capital | $147M | -$65M | $132M | $116M | $143M | -$37M | $20M | -$35M | $77M | -$17M | $3M | -$46.39M | $214.61M | $27.62B | -$52M | $0 |
| Total Working Capital Change | $147M | -$65M | $132M | $116M | $143M | -$45M | $58M | $98M | -$282M | -$29M | $3M | -$41M | $109M | $57M | -$5M | -$57M |
| Other Non-Cash Items | -$264M | $352M | $71M | -$107M | $78M | $140M | $178M | -$94M | $42M | -$71M | $192M | $476M | -$8.2B | -$2.51B | -$657M | -$853M |
| Net Cash from Operating | $870M | $567M | $619M | $534M | $481M | -$139M | $294M | $268M | -$75M | $378M | -$35M | $1.13B | $1.24B | $236M | $276M | $44M |
| Investing Activities | ||||||||||||||||
| Capital Expenditures | -$119M | -$75M | -$426M | -$291M | -$17M | -$21M | -$44M | -$14M | -$10M | -$2M | -$33M | -$194M | -$207M | -$31M | -$7M | -$16M |
| Acquisitions | -$3.29B | -$212M | -$173M | -$43M | -$140M | $88M | -$6M | -$9M | -$1.66B | -$764M | -$19M | -$230M | -$2.62B | -$785M | -$597M | -$1.14B |
| Purchases of Investments | -$3.5B | $0 | $0 | -$58M | -$575M | -$17M | -$6M | -$9M | -$9M | -$259M | -$496M | -$432M | -$237M | -$9M | -$732M | -$542M |
| Sales of Investments | $3.73B | $10M | $110M | $53M | $204M | $13M | $69M | $244M | $16M | $335M | $509M | $423M | $229M | $232M | $1.01B | $751M |
| Other Investing Activities | -$14M | -$15M | -$21M | $733M | -$72M | $12M | $24M | $6M | -$3M | $49M | $1M | $22M | $73M | $807M | $53M | $464M |
| Net Cash from Investing | -$3.2B | -$292M | -$510M | $394M | -$600M | $75M | $37M | $227M | -$1.66B | -$641M | -$38M | -$411M | -$2.76B | $214M | -$274M | -$484M |
| Financing Activities | ||||||||||||||||
| Debt Repaid | -$967M | $32M | $70M | $680M | $322M | -$657M | -$122M | $610M | $73M | -$436M | -$38M | $670M | -$3.14B | $750M | - | $915M |
| Common Stock Issuance | $0 | $939M | $0 | $0 | $575M | $0 | $0 | $0 | $1.94B | $0 | $0 | $0 | $21M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$9M | -$616M | -$55M | -$69M | -$24M | -$3M | $0 | -$11M | -$350M | -$2.16B | -$1.74B | -$323M | -$465M | -$754M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$559M | $58M | -$356M | $91M | $314M | $573M | -$2M | -$3M | -$18M | -$81M | -$1.04B | -$1.77B | $1.79B | -$90M | $443M | $248M |
| Net Cash from Financing | $408M | $965M | -$435M | -$1.27B | $512M | $1.16B | $96M | -$616M | $1.85B | $355M | -$373M | -$1.12B | $1.36B | -$1.17B | -$22M | -$1.42B |
| Forex Effect | $348M | -$10M | $1M | $0 | -$3M | $3M | $0 | -$1M | $4M | $0 | $0 | $0 | $650M | $0 | -$783M | $0 |
| Net Change in Cash | -$1.58B | $1.23B | -$325M | -$341M | $390M | $1.1B | $427M | -$122M | $114M | $92M | -$446M | -$407M | $485M | -$717M | -$803M | -$1.86B |
| Supplementary Data | ||||||||||||||||
| Operating Cash Flow | $870M | $567M | $619M | $534M | $481M | -$139M | $294M | $268M | -$75M | $378M | -$35M | $1.13B | $1.24B | $236M | $276M | $44M |
| Capital Expenditure | -$119M | -$75M | -$426M | -$291M | -$17M | -$21M | -$44M | -$14M | -$10M | -$2M | -$33M | -$194M | -$207M | -$31M | -$7M | -$16M |
| Free Cash Flow | $751M | $492M | $193M | $243M | $464M | -$160M | $250M | $254M | -$85M | $376M | -$68M | $931M | $1.03B | $205M | $269M | $28M |
| Cash at Beginning | $2.63B | $1.41B | $1.73B | $2.07B | $1.68B | $587M | $160M | $282M | $168M | $76M | $522M | $1.09B | $603M | $2.07B | $1.77B | $3.95B |
| Cash at End | $1.05B | $2.64B | $1.41B | $1.73B | $2.07B | $1.68B | $587M | $160M | $282M | $168M | $76M | $681M | $1.09B | $1.35B | $970M | $2.09B |