FWONA vs ROKU: Liberty Media Corporation Series A Liberty Formula One and Roku compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Roku is the larger company, worth $22.1B, close to Liberty Media Corporation Series A Liberty Formula One's $21.2B.
- Roku grew revenue faster over the last year (+21.9% vs -30.4%).
- Liberty Media Corporation Series A Liberty Formula One keeps more of each dollar of revenue as operating profit (11.9% vs 5.2%).
- On earnings, Liberty Media Corporation Series A Liberty Formula One is the cheaper stock (37.0x vs 111.1x).
- Roku's price assumes faster free cash flow growth: about 16% a year, against 9% for Liberty Media Corporation Series A Liberty Formula One (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | FWONA | ROKU |
|---|---|---|
| Market cap | $21.2B | $22.1B |
| Share price | $86.67 | $152.85 |
| Revenue (last fiscal year) | $4.5B | $4.7B |
| Free cash flow (last fiscal year) | $789M | $478M |
| Revenue growth, last year | -30.4% | +21.9% |
| Revenue growth per year, last 5 fiscal years | -20.8% | +14.4% |
| Operating margin | 11.9% | 5.2% |
| Net margin | 9.4% | 6.8% |
| Return on equity | 5.4% | 12.6% |
| P/E (trailing) | 37.0x | 111.1x |
| Price / free cash flow | 28.3x | 46.3x |
| EV / EBITDA | 19.6x | 43.3x |
| FCF growth the price implies | 8.9% | 16.0% |
| Dividend yield | — | — |
| Debt / equity | 0.98x | 0.62x |
| Fundamental grade | D | C |
| Superinvestors holding it | 7 | 3 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Liberty Media Corporation Series A Liberty Formula One
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $11.4B | $2.0B | 17.3% |
| 2022 | $3.2B | $2.2B | 4.6% |
| 2023 | $3.6B | $2.0B | 7.4% |
| 2024 | $3.7B | $492M | 7.9% |
| 2025 | $4.5B | $789M | 12.9% |
Roku
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $2.8B | $188M | 8.5% |
| 2022 | $3.1B | -$150M | -17.0% |
| 2023 | $3.5B | $173M | -22.7% |
| 2024 | $4.1B | $213M | -5.3% |
| 2025 | $4.7B | $478M | -0.12% |
Where the revenue comes from
Liberty Media Corporation Series A Liberty Formula One · by products, 2025
Motorsport$4.1B92%
Other$377M8%
Roku
No segment breakdown reported.
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open FWONA in InvestinglyQuestions
Which is bigger, Liberty Media Corporation Series A Liberty Formula One or Roku?
Roku (ROKU), at $22.1B against $21.2B.
Is FWONA or ROKU cheaper?
By trailing P/E, Liberty Media Corporation Series A Liberty Formula One (37.0x) is cheaper than Roku (111.1x). A lower multiple can also mean the market expects less growth.
Which grows faster, FWONA or ROKU?
Roku: revenue grew +21.9% over the last year, against -30.4%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.