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Liberty Global (LBTYA) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NasdaqGS•Communication Services•Telecom Services
C
AverageMetricSide Score: 45/100
ProfitabilityProfit13/30
GrowthGrowth17/25
Balance SheetBalance11/25
Cash QualityCash4/20
Price & Volume
Market Cap $3.61B

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers in Europe. It offers intelligent WiFi and broadband internet services, such as ONE Connect, which enables fast and flexible introductions of new hardware and services, as well as cloud-to-cloud open API integration; Smart Security that provides network security, safe browsing and fraud prevention measures; Smart Home, which provides enhanced entertainment and home automation and security services; and Connect Box, an intelligent WiFi and telephony gateway. The company provides various tiers of digital video programming and audio services, as well as digital video recorders and multimedia home gateway systems; Horizon 5, a cloud-based, multi-screen entertainment platform that combines linear television, including recording and replay features and video-on-demand services; Replay TV, a multimedia gateway service; video-on-demand that provides subscribers with access to a broad library of movies and television series; Horizon Go, an online mobile app; and channels, including general entertainment, sports, movies, series, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels. In addition, it offers postpaid and prepaid mobile services; circuit-switched telephony services; and personal call manager, unified messaging, and multiple lines for additional fees. Further, the company offers business services comprising voice, advanced data, video, wireless, cloud-based services, and mobile and fixed-mobile convergence services to small businesses, and medium and large enterprises, as well as on a wholesale basis to other operators. It operates in Belgium, Ireland, Slovakia, and internationally. Liberty Global Ltd. was founded in 2004 and is based in Hamilton, Bermuda.

Moat Signals

Competitive analysis based on 52 quarters of fundamental data

Pricing Power

Weak Moat

Operating margins are under pressure, averaging 2.6%. The business may lack pricing power or face rising costs.'

Competitive Advantage

Weak Moat

ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.

Risk Signals

Data-driven red flags and warnings across 52 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 119.5% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Leverage Risk

Watch

Debt-to-equity has risen 24.7% recently — increasing financial risk even if the current ratio is manageable.

Revenue Decline

Red Flag

TTM revenue has contracted 35.0% — significant decline indicating deteriorating demand.

Cash Burn

Watch

4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.

Share Dilution

Healthy

Shares decreased 9.8% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$4.98B
39.6%
Q. Revenue
$1.27B
TTM EBITDA
$1.01B
38.3%
TTM Op. Income
$-60.20M
173.6%
Q. Op. Income
$23.80M
TTM Net Income
$-5.46B
2006.8%
Q. Net Income
$337.80M
EPS
$1.01
Shares Out.
$335.00M
3.8%
$4.98B in TTM revenue grew 39.6% YoY, reaching $1.27B last quarter. TTM EBITDA of $1.01B and TTM operating income of $-60.20M shows growth is flowing through. However, net income is negative at $5.46B — growth is not yet reaching the bottom line. Revenue is growing at a healthy pace — a signal to hold.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
66.5%
1.5%
EBITDA Margin
22.6%
Op. Margin
1.9%
64.0%
Net Margin
26.5%
123.2%
Op. margin of 1.9% is down 3.3% YoY — costs are rising relative to revenue. Net margin at 26.5% and gross margin of 66.5% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
0.7x
P/B Ratio
0.4x
P/S of 0.7x and P/B of 0.4x. A low P/S may indicate the stock is undervalued.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$21.88B
Cash
$1.83B
Long-Term Debt
$7.73B
Book Value
$9.50B
D/E Ratio
0.8
Debt/EBITDA
26.8
With $21.88B in assets and $7.73B in long-term debt, the D/E of 0.8and book value of $9.50B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$107.60M
TTM Free Cash Flow
$-307.90M
127.6%
FCF Margin
-6.2%
FCF / Net Income
0.1
TTM FCF of $-307.90M on $107.60M in operating cash flow. The FCF / Net Income ratio of 0.1x indicates partial cash conversion — earnings quality needs attention.

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Cash Generation

Weak Moat

Only 4 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.

Demand Durability

Weak Moat

Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.