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Liberty Broadband Corporation

LBRDACommunication ServicesNASDAQ

Telecom Services

PriceMA150MA200
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Financials · Annual
Revenue
$0
Net Income
-$2.68B
-407.9% YoY
EBITDA
-$3.14B
-378.7% YoY
Free Cash Flow
-$636.5M

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About Liberty Broadband Corporation

Liberty Broadband Corporation engages in a range of communications businesses in the United States. The $4.96B market capitalization puts LBRDA squarely in mid-cap range for its industry. The company offers subscription-based internet, mobile, and video and voice services; and residential and business services, including Spectrum Internet, mobile, TV, and voice products; Spectrum Business that offers Internet, mobile, video and voice services to small businesses, as well as tailored connectivity, communications and managed service solutions for mid-market and large businesses; and Spectrum Reach that provides local, regional and national businesses to advertise in individual and multiple service areas on cable television networks, and various streaming services and advertising platforms.

Key stats
Market Cap$4.96B
Fwd P/E5.82
EPS$-16.53
Beta0.70
52W Change-60.4%
ROE-29.6%
Analysis

On the balance sheet, LBRDA has $51.0M in cash with $2.76B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$636.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -29.6% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $975.0M (2022) to $0 (2025), a 100% decline worth watching.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Liberty Broadband Corporation and its sector.

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