LBTYALiberty Global Ltd.
Is the business good?
The checks split: nothing decisive, though margins compressing.
5 of 9 health tests passed.
SEC EDGAR · Dec 31, 2025Margins compressing.
worked out from the filingsAgainst the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind›
The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is LBTYA?
Liberty Global Ltd. earns −0.45% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 9.4 points below what the capital costs: growth destroys value
- Operating margin
- −1.8%
Operating margin · Telecom Services median 14% · 12 months to Q2 2026
- Gross margin
- 67%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 18% |
| FY2021 | 13% |
| FY2022 | 1.5% |
| FY2023 | −7.6% |
| FY2024 | −1.4% |
| FY2025 | −0.48% |
Details›
- Gross margin12 months to Q2 2026
- 67%
- Operating margin12 months to Q2 2026
- −1.8%
- Net margin12 months to Q2 2026
- −62%
- Free cash flow margin
- −5.2%
- Revenue, trailing twelve months
- $4.88B
- Free cash flow, trailing twelve months
- −$255M
- Net income, trailing twelve months
- −$3.04B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −0.45%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.