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General information

Country: UNITED STATES

Sector: Broadcasting

Liberty Media Corp-Liberty SiriusXM operates as a media company. The Company owns interests in a broad range of media, communications, and entertainment businesses. Liberty Media Corp-Liberty SiriusXM conducts business in the United States.
Website: libertymedia.com



Growth: Pretty weak revenue growth rate 4.4%, there is slowdown compared to average historical growth rates 11.6%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is positive, +32.7%. On average the margin is improving unsteadily. Gross margin is high, +49.5%. In the last quarter the company did not beat the estimated EPS, -22.4%. The company was ahead of estimated EPS in 60% of quarters (showing a gain of +$0.07 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 67.0% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 11.9% higher than minimum and 54.7% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 3.6x by EV / Sales multiple , the company can be 45.0% undervalued

Insiders: For the last 3 months insiders bought company shares on $123.8 mln (1.327% of cap.)

Key Financials (Download financials)

Ticker: LSXMK
Share price, USD:  (-0.4%)25.2
year average price 27.86  


year start price 27.22 2023-04-27

max close price 34.68 2023-07-18

min close price 22.53 2023-08-04

current price 25.20 2024-04-25
Common stocks: 338 929 015

Dividend Yield:  0.0%
FCF Yield LTM: 67.0%
EV / LTM EBITDA: 7.5x
EV / EBITDA annualized: 6.2x
Last revenue growth (y/y):  4.4%
Last growth of EBITDA (y/y):  13.8%
Historical revenue growth:  11.6%
Historical growth of EBITDA:  16.0%
EV / Sales: 2.5x
Margin (EBITDA LTM / Revenue): 32.7%
Fundamental value created in LTM:
Market Cap ($m): 8 541
Net Debt ($m): 13 409
EV (Enterprise Value): 21 950
Price to Book: 0.8x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2023-08-04Zacks Investment Research

Liberty Media Corporation (LSXMK) Q2 Earnings and Revenues Lag Estimates
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol LSXMK LSXMK LSXMK LSXMK LSXMK LSXMK
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-28 2023-11-03 2023-08-04 2023-05-05 2023-03-01 2022-11-04
acceptedDate 2024-02-28 16:25:20 2023-11-03 12:52:15 2023-08-04 12:58:17 2023-05-05 12:25:52 2023-03-01 12:00:48 2022-11-04 12:45:59
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 2 288M 2 271M 2 250M 2 144M 5 444M 2 280M
costOfRevenue 1 154M 1 144M 1 156M 1 114M 2 888M 1 127M
grossProfit 1 134M 1 127M 1 094M 1 030M 2 556M 1 153M
grossProfitRatio 0.496 0.496 0.486 0.480 0.470 0.506
researchAndDevelopmentExpenses 0 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 0 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 386M 376M 387M 385M 784M 424M
otherExpenses 11M 10M 33M 240M 1 094M 226M
operatingExpenses 638M 593M 624M 625M 1 878M 650M
costAndExpenses 1 792M 1 737M 1 780M 1 739M 4 766M 1 777M
interestIncome 0 135M 137M 0 0 0
interestExpense 130M 135M 137M 136M 312M 130M
depreciationAndAmortization 164M 145M 154M 243M 659M 157M
ebitda 662M 734M 736M 616M 1 333M 759M
ebitdaratio 0.289 0.323 0.327 0.287 0.245 0.333
operatingIncome 455M 528M 452M 373M 674M 602M
operatingIncomeRatio 0.199 0.232 0.201 0.174 0.124 0.264
totalOtherIncomeExpensesNet -115M 66M -70M -84M -73M -121M
incomeBeforeTax 251M 465M 263M 289M 601M 481M
incomeBeforeTaxRatio 0.110 0.205 0.117 0.135 0.110 0.211
incomeTaxExpense 22M 100M 46M 69M -240M 135M
netIncome 173M 307M 166M 183M 775M 305M
netIncomeRatio 0.076 0.135 0.074 0.085 0.142 0.134
eps 0.530 0.940 0.510 0.560 -2.480 0.930
epsdiluted 0.530 0.890 0.490 0.380 -2.460 0.820
weightedAverageShsOut 328M 327M 336M 327M 335M 327M
weightedAverageShsOutDil 327M 352M 346M 346M 337M 345M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol LSXMK LSXMK LSXMK LSXMK LSXMK LSXMK
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-28 2023-11-03 2023-08-04 2023-05-05 2023-03-01 2022-11-04
acceptedDate 2024-02-28 16:25:20 2023-11-03 12:52:15 2023-08-04 12:58:17 2023-05-05 12:25:52 2023-03-01 12:00:48 2022-11-04 12:45:59
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 306M 327M 311M 430M 362M 264M
shortTermInvestments 0 440M 0 131M 0 0
cashAndShortTermInvestments 306M 327M 311M 430M 362M 264M
netReceivables 709M 659M 660M 587M 669M 658M
inventory 0 0 0 0 0 0
otherCurrentAssets 346M 357M 354M 366M 523M 325M
totalCurrentAssets 1 361M 1 343M 1 325M 1 383M 1 554M 1 247M
propertyPlantEquipmentNet 1 245M 1 254M 1 190M 1 184M 1 117M 1 084M
goodwill 15 209M 15 209M 15 209M 15 209M 15 209M 15 209M
intangibleAssets 10 856M 10 859M 10 874M 10 902M 10 943M 10 974M
goodwillAndIntangibleAssets 26 065M 26 068M 26 083M 26 111M 26 152M 26 183M
longTermInvestments 715M 705M 960M 862M 823M 885M
taxAssets 0 2 040M 0 2 088M 0 0
otherNonCurrentAssets 515M -1 473M 667M -1 425M 833M 1 030M
totalNonCurrentAssets 28 540M 28 594M 28 900M 28 820M 28 925M 29 182M
otherAssets 0 0 0 0 0 0
totalAssets 29 901M 29 937M 30 225M 30 203M 30 479M 30 429M
accountPayables 1 474M 1 323M 1 374M 1 229M 1 405M 1 315M
shortTermDebt 1 074M 730M 753M 608M 1 543M 381M
taxPayables 0 0 0 0 0 0
deferredRevenue 1 195M 1 248M 1 287M 1 307M 1 321M 1 381M
otherCurrentLiabilities 133M 129M 126M 115M 75M 69M
totalCurrentLiabilities 3 876M 3 430M 3 540M 3 259M 4 344M 3 146M
longTermDebt 10 063M 10 810M 11 977M 12 292M 11 600M 13 133M
deferredRevenueNonCurrent 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 2 245M 2 207M 2 011M 2 046M 2 054M 2 042M
otherNonCurrentLiabilities 526M 575M 587M 596M 584M 12 642M
totalNonCurrentLiabilities 12 834M 13 592M 14 575M 14 934M 14 238M 15 719M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 0 0 0 0 0 0
totalLiabilities 16 710M 17 022M 18 115M 18 193M 18 582M 18 865M
preferredStock 0 0 0 0 0 0
commonStock 10 165M 9 946M 9 150M 0 0 0
retainedEarnings 0 0 0 0 545M 407M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0 0
othertotalStockholdersEquity 0 0 0 8 920M 8 214M 8 050M
totalStockholdersEquity 10 165M 9 946M 9 150M 8 920M 8 759M 8 457M
totalEquity 13 191M 12 915M 12 110M 12 010M 8 759M 8 457M
totalLiabilitiesAndStockholdersEquity 29 901M 29 937M 30 225M 30 203M 30 479M 30 429M
minorityInterest 3 026M 2 969M 2 960M 3 090M 3 138M 0
totalLiabilitiesAndTotalEquity 29 901M 29 937M 30 225M 30 203M 30 479M 30 429M
totalInvestments 715M 1 145M 960M 993M 823M 885M
totalDebt 11 137M 11 540M 12 730M 12 900M 13 143M 13 514M
netDebt 10 831M 11 213M 12 419M 12 470M 12 781M 13 250M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol LSXMK LSXMK LSXMK LSXMK LSXMK LSXMK
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-02-28 2023-11-03 2023-08-04 2023-05-05 2023-03-01 2022-11-04
acceptedDate 2024-02-28 16:25:20 2023-11-03 12:52:15 2023-08-04 12:58:17 2023-05-05 12:25:52 2023-03-01 12:00:48 2022-11-04 12:45:59
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome 229M 365M 217M 220M 841M 346M
depreciationAndAmortization 164M 145M 154M 161M 583M 157M
deferredIncomeTax 78M 82M 15M 38M -334M 121M
stockBasedCompensation 52M 57M 46M 48M 85M 53M
changeInWorkingCapital -50M -84M 64M -111M 144M -133M
accountsReceivables 0 0 0 0 0 0
inventory 0 0 0 0 0 0
accountsPayables 0 0 0 0 0 0
otherWorkingCapital -50M -84M 64M 0 0 0
otherNonCashItems 55M -121M 39M -37M -77M -127M
netCashProvidedByOperatingActivities 528M 444M 535M 319M 1 242M 417M
investmentsInPropertyPlantAndEquipment -130M -186M -129M -205M -456M -83M
acquisitionsNet -6M -2M -3M -39M 98M 1 000 000
purchasesOfInvestments 0 -2M -3M -169M -17M -41M
salesMaturitiesOfInvestments 0 4M 3M 0 167M 0
otherInvestingActivites 5M -2M -3M 171M 524M 41M
netCashUsedForInvestingActivites -131M -188M -135M -242M 316M -82M
debtRepayment -476M -743M -930M -1 633M -4 347M -759M
commonStockIssued 0 624M 569M 0 0 0
commonStockRepurchased -12M -75M -137M -62M -85M -223M
dividendsPaid -17M -15M -16M -17M -16M -16M
otherFinancingActivites 76M -31M -5M 1 703M 2 576M 433M
netCashUsedProvidedByFinancingActivities -417M -240M -519M -9M -1 872M -565M
effectOfForexChangesOnCash 0 -99M 0 2M 13M -13M
netChangeInCash -20M 16M -119M 68M 2 004M -230M
cashAtEndOfPeriod 315M 335M 319M 438M 2 276M 272M
cashAtBeginningOfPeriod 335M 319M 438M 370M 272M 502M
operatingCashFlow 528M 444M 535M 319M 1 242M 417M
capitalExpenditure -130M -186M -129M -205M -456M -83M
freeCashFlow 398M 258M 406M 114M 786M 334M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

2022 q1
2022-05-06 ET (fiscal 2022 q1)

SEC forms

Show financial reports only

SEC form 10
2024-02-28 00:00 ET
Liberty Media-Liberty (L-K) reported for 2023 q4
SEC form 10
2023-11-03 00:00 ET
Liberty Media-Liberty (L-K) published news for 2023 q3
SEC form 8
2023-08-04 00:00 ET
Liberty Media-Liberty (L-K) published news for 2023 q2
SEC form 10
2023-08-04 00:00 ET
Liberty Media-Liberty (L-K) published news for 2023 q2
SEC form 8
2023-05-05 00:00 ET
Liberty Media-Liberty (L-K) published news for 2023 q1
SEC form 10
2023-05-05 00:00 ET
Liberty Media-Liberty (L-K) published news for 2023 q1
SEC form 6
2023-04-10 12:51 ET
Liberty Media-Liberty (L-K) published news for 2023 q1
SEC form 6
2023-04-05 17:32 ET
Liberty Media-Liberty (L-K) published news for 2023 q1
SEC form 6
2023-03-31 13:26 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 6
2023-03-10 17:21 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 6
2023-03-07 07:31 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 6
2023-03-01 13:14 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 10
2023-03-01 12:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 10
2023-03-01 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 8
2023-03-01 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 6
2023-01-30 16:24 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 6
2023-01-26 15:41 ET
Liberty Media-Liberty (L-K) published news for 2022 q4
SEC form 6
2022-11-23 16:29 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 6
2022-11-17 07:09 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 6
2022-11-14 14:49 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 6
2022-11-14 07:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 8
2022-11-14 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 6
2022-11-04 13:52 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 10
2022-11-04 12:45 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 10
2022-11-04 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 8
2022-11-04 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 6
2022-10-24 17:49 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 6
2022-10-13 16:21 ET
Liberty Media-Liberty (L-K) published news for 2022 q3
SEC form 6
2022-08-15 16:10 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 6
2022-08-10 08:52 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 6
2022-08-05 15:58 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 10
2022-08-05 14:48 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 8
2022-08-05 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 10
2022-08-05 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 6
2022-07-12 12:34 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 6
2022-07-01 16:06 ET
Liberty Media-Liberty (L-K) published news for 2022 q2
SEC form 6
2022-06-15 15:10 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 6
2022-05-18 13:01 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 6
2022-05-17 15:16 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 6
2022-05-06 15:35 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 10
2022-05-06 13:39 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 8
2022-05-06 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 10
2022-05-06 00:00 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 6
2022-04-26 17:15 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 6
2022-04-11 17:35 ET
Liberty Media-Liberty (L-K) published news for 2022 q1
SEC form 6
2022-03-11 16:07 ET
Liberty Media-Liberty (L-K) published news for 2021 q4
SEC form 8
2022-02-28 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q4
SEC form 6
2022-02-25 17:58 ET
Liberty Media-Liberty (L-K) published news for 2021 q4
SEC form 10
2022-02-25 17:25 ET
Liberty Media-Liberty (L-K) published news for 2021 q4
SEC form 10
2022-02-25 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q4
SEC form 6
2022-02-02 17:29 ET
Liberty Media-Liberty (L-K) published news for 2021 q4
SEC form 6
2022-02-01 16:28 ET
Liberty Media-Liberty (L-K) published news for 2021 q4
SEC form 8
2021-11-05 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q3
SEC form 6
2021-11-04 17:40 ET
Liberty Media-Liberty (L-K) published news for 2021 q3
SEC form 10
2021-11-04 16:25 ET
Liberty Media-Liberty (L-K) published news for 2021 q3
SEC form 10
2021-11-04 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q3
SEC form 6
2021-10-25 18:17 ET
Liberty Media-Liberty (L-K) published news for 2021 q3
SEC form 6
2021-08-06 13:56 ET
Liberty Media-Liberty (L-K) published news for 2021 q2
SEC form 10
2021-08-06 13:11 ET
Liberty Media-Liberty (L-K) published news for 2021 q2
SEC form 10
2021-08-06 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q2
SEC form 8
2021-08-06 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q2
SEC form 6
2021-07-29 19:45 ET
Liberty Media-Liberty (L-K) published news for 2021 q2
SEC form 6
2021-07-26 16:44 ET
Liberty Media-Liberty (L-K) published news for 2021 q2
SEC form 6
2021-05-27 16:28 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 6
2021-05-19 13:24 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 6
2021-05-14 15:12 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 6
2021-05-07 13:54 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 10
2021-05-07 13:29 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 10
2021-05-07 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 8
2021-05-07 00:00 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 6
2021-04-27 13:40 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 6
2021-04-14 16:19 ET
Liberty Media-Liberty (L-K) published news for 2021 q1
SEC form 6
2021-03-12 16:10 ET
Liberty Media-Liberty (L-K) published news for 2020 q4
SEC form 6
2021-03-03 19:14 ET
Liberty Media-Liberty (L-K) published news for 2020 q4
SEC form 6
2021-02-26 15:32 ET
Liberty Media-Liberty (L-K) published news for 2020 q4
SEC form 10
2021-02-26 13:31 ET
Liberty Media-Liberty (L-K) published news for 2020 q4
SEC form 6
2021-02-25 12:20 ET
Liberty Media-Liberty (L-K) published news for 2020 q4
SEC form 6
2021-02-11 11:52 ET
Liberty Media-Liberty (L-K) published news for 2020 q4
SEC form 6
2021-02-02 09:09 ET
Liberty Media-Liberty (L-K) published news for 2020 q4
SEC form 6
2020-11-19 07:27 ET
Liberty Media-Liberty (L-K) published news for 2020 q3
SEC form 6
2020-11-12 17:45 ET
Liberty Media-Liberty (L-K) published news for 2020 q3
SEC form 6
2020-11-10 17:11 ET
Liberty Media-Liberty (L-K) published news for 2020 q3
SEC form 6
2020-11-05 17:51 ET
Liberty Media-Liberty (L-K) published news for 2020 q3
SEC form 10
2020-11-05 16:21 ET
Liberty Media-Liberty (L-K) published news for 2020 q3
SEC form 6
2020-10-22 17:35 ET
Liberty Media-Liberty (L-K) published news for 2020 q3
SEC form 6
2020-10-08 16:45 ET
Liberty Media-Liberty (L-K) published news for 2020 q3