LBRDALiberty Broadband Corporation

$36.02

Is the business good?

How good a business is LBRDA?

Liberty Broadband Corporation earns −0.35% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−0.35%

Return on invested capital · cost of capital 9.0% · 9.3 points below what the capital costs: growth destroys value

Share count, year on year
+0.70%

Share count, year on year · flat: no meaningful dilution

Operating margin by fiscal year
YearOperating margin
FY2020−118%
FY2021−9.9%
FY2022−4.0%
FY2023−4.0%
FY2024−4.9%
Details
Net income, trailing twelve months
−$5.25B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−0.35%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.