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MARKETS / NASDAQ / LBTYA
NASDAQ · CABLE & OTHER PAY TELEVISION SERVICES · LARGE CAP

Liberty Global Ltd. LBTYA

15 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.9B
▲ 12.4% YoY
$-7.1B
▼ 549.5% YoY
$-132.0M
▼ 111.7% YoY
In brief

What this company does

Liberty Global Ltd. manages its business through three complementary platforms: Liberty Telecom, Liberty Growth and Liberty Services. As of December 31, 2025, Liberty Growth held investments in approximately 70 companies and funds valued at approximately $3.4 billion. Liberty Services delivers technology, operational and financial services to both Liberty Global affiliates and third parties, and currently generates most of its revenue from certain of its affiliates and related parties. On November 23, 2023, Liberty Global plc completed a statutory scheme of arrangement, pursuant to which a new Bermudan company, Liberty Global Ltd., became the sole shareholder of Liberty Global plc and the parent entity of the entire group of Liberty Global companies.

Written from the business description in Liberty Global Ltd.'s annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.

Growth
USD 4.9B
Revenue, FY2025 · full 15-year series below
Revenue $B Net income $B
FY2025 · Revenue 4.9 · Net income -7.1
8.0B16.0B-2.5B-5.0B20112013201520172019202120232025
Compound annual growth
+6.7%
−15.8%
−11.8%
−51.7%
−29.1%
−22.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −15.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−145 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -0.5% · Net -145.5%
50%100%-50%-100%20112013201520172019202120232025
ROE
FY2025 · ROE -64.6%
50%100%-20%-40%-60%20112013201520172019202120232025

Each USD of equity lost 65 cents this year.

Cash & shareholders
USD 192.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -0.1
2B4B20112013201520172019202120232025
Net buybacks $B Dividends $B
FY2025 · Dividends — · Net buybacks 0.2
2B20112013201520172019202120232025

USD 192.1M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 22.6B
EquityUSD 9.7B
CashUSD 2.1B
Gross debtUSD 8.6B
Net debtUSD 6.5B
Current ratio1.08×

Net debt stands at 67% of equity.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011
Revenue $B4.94.34.14.010.311.511.112.011.313.717.118.214.59.99.1
Operating income $B−0.0−0.1−0.30.11.32.00.70.80.81.62.12.22.02.01.8
EBITDA $B···············
Income tax $B−0.1−0.00.20.40.5−0.30.21.60.2−1.40.3−0.10.40.10.2
Net income $B−7.11.6−4.11.513.4−1.611.50.7−2.81.7−1.2−0.7−1.00.3−0.8
Free cash flow $B−0.11.11.21.92.12.93.44.54.54.43.52.91.41.10.8
EPS, diluted $−20.864.23−9.522.9623.59−2.7016.32−1.97···−0.87−1.430.60−2.93
Dividend / sh $···············
Payout %···············
ROE %−64.610.1−19.56.167.8−11.9126.012.6−27.014.0−9.1−5.2−13.514.6·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 1 failures in 55 reconciliationsAUDITED

Reconciled in 14 of 19 fiscal years. 28 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityCable & Other Pay Television Services
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2011

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