Liberty Broadband share price

Liberty Broadband Corporation's share price was $35.99 at the close on 19 August 2026. It has been falling for 39 weeks. That is 16.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between $29 and $64, and at that close it sat 20% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Liberty Broadband Corporation is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.

Over the last 10 years the share price moved −41% while the S&P 500 moved +260%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Liberty Broadband Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Liberty Broadband is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Liberty Broadband Corporation earned $195 M of net profit in the Jun 2024 quarter, −22.6% on the same quarter a year earlier. Full-year FY22 profit was $1.3 B. Over 1 years profit has grown 71.7% a year on average. That is 79.3% of the quarter's revenue. The same quarter a year earlier earned $252 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Why profit moved: revenue changed +0.4% on a year earlier and the margin moved −0.9 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +48.3% and revenue −0.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

Liberty Broadband Corporation reported $246 M of revenue in the Jun 2024 quarter, +0.4% on the same quarter a year earlier. Over 1 years it has grown −1.3% a year on average. The last full year, FY22, came in at $975 M. The last four reported quarters add to $981 M.

Revenue is everything the company billed its customers in the period.

Recent pace: the last four quarters grew −0.8% on average, against −1.3% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −0.8%, against +0.3% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −1.4%, against −23.9% a year (accelerating).

Liberty Broadband Corporation's operating margin was 8.5% in the Jun 2024 quarter, 0.9 percentage points lower than the same quarter a year ago.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 2 years it has been between −0.3% and 2.9%.

Why the margin moved: operating margin changed −0.9 percentage points on the year while gross margin changed −1.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 2 years Liberty Broadband Corporation's operations used more cash than they brought in, so cash conversion was −3%, a gap worth watching. In FY22 its operations used $56.0 M of cash, against $1.3 B of profit. After $181 M of spending on assets, free cash was −$237 M: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Liberty Broadband Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $315 M on assets over the last 2 years. Averaged over those years that is 16.2% of FY22 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $315 M over the last 2 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Liberty Broadband Corporation's P/E is 8.4×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +102.5% while the price moved −43.2%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved −26.2% a year; about −0.1% a year came from earnings growth and about −26.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Liberty Broadband Corporation's business is turning around. Profit growth has swung from −54.0% at its low to −22.6%, rising from a low 5 quarters ago (from single-quarter figures). This is based on 9 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Liberty Broadband Corporation earned a ROE of 15% in FY22. Its return on capital used (ROIC) is 8.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 128.9% net margin and 0.06× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY22): a 128.9% net margin × 0.06× asset turnover × 1.78× leverage (assets divided by equity) ≈ 13.8% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 0.5% − 9.3% = −8.8 percentage points. The 9.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

Liberty Broadband Corporation has total debt of $1.4 B against shareholder equity of $3.7 B as of Jun 2026, so its debt is 0.38× its equity. Year by year, that ratio went from 0.41 in FY21 to 0.34 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.