Formula One (FWONK) Stock Analysis

November 11, 2026

This is a peer-relative look at Formula One (FWONK): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Media & Entertainment peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Formula One (FWONK)
Profile Item	FWONK
Name	Liberty Media Corporation Series C Liberty Formula One Common Stock
Country/Region	United States
GICS Sector	Communication Services
GICS Industry Group	Media & Entertainment
GICS Industry	Entertainment
GICS Sub-Industry	Movies & Entertainment
Market Capitalization	27.07 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	July 8, 2014
Security Type	Common Stock

Price Performance

Cumulative Growth

FWONK

GSPC

Formula One (FWONK) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Formula One (FWONK) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Formula One (FWONK) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
Total Return (1Y)	3.53%	8.37%
Total Return (3Y, Annualized)	17.08%	9.50%
Total Return (5Y, Annualized)	13.56%	-6.51%

Risk Profile

Drawdown History

FWONK

GSPC

Formula One (FWONK) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Formula One (FWONK) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
Volatility (1Y, Annualized)	26.44%	43.78%
Beta (5Y)	0.63	0.92
Max Drawdown (5Y)	-24.84%	-69.17%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. FWONK is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
Sharpe Ratio (1Y)	-0.03	0.10
Sortino Ratio (1Y)	-0.05	0.15

Profitability

ROE (TTM)

Formula One (FWONK) posts ROE of 4.11%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

FWONK

Media & Entertainment industry group

4.11%

Group distribution

Max: 49.92%
Q3: 17.95%
Median: 7.20%
FWONK: 4.11%
Q1: -4.53%
Min: -26.31%

Largest peers

NFLX: 53.46%
GOOGL: 44.29%
GOOG: 44.29%
SPOT: 35.81%
META: 32.26%
DIS: 8.01%
FWONK: 4.11%

Where Formula One (FWONK) stands on ROE within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Formula One (FWONK) keeps 12.40% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

FWONK

Media & Entertainment industry group

12.40%

Group distribution

Max: 32.91%
FWONK: 12.40%
Q3: 11.75%
Median: 5.04%
Q1: -4.17%
Min: -25.14%

Largest peers

GOOGL: 50.03%
GOOG: 50.03%
META: 31.15%
NFLX: 29.69%
SPOT: 15.73%
FWONK: 12.40%
DIS: 8.70%

Where Formula One (FWONK) stands on net margin within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Formula One (FWONK) turns 19.33% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

FWONK

Media & Entertainment industry group

19.33%

Group distribution

Max: 40.16%
FWONK: 19.33%
Q3: 18.72%
Median: 8.63%
Q1: 1.90%
Min: -22.08%

Largest peers

META: 35.41%
NFLX: 34.63%
GOOGL: 31.81%
GOOG: 31.81%
FWONK: 19.33%
DIS: 19.30%
SPOT: 13.52%

Where Formula One (FWONK) stands on operating margin within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
ROE (TTM)	4.11%	7.20%
ROA (TTM)	2.24%	3.36%
Net Margin (TTM)	12.40%	5.04%
Operating Margin (TTM)	19.33%	8.63%
Gross Margin (TTM)	36.32%	50.97%

Growth

Revenue Growth

Formula One (FWONK) grew revenue 22.69%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

Formula One (FWONK): Revenue Growth across different time periods, set against Media & Entertainment industry-group medians.

EPS Growth

No usable EPS growth is available for Formula One (FWONK) this period, so the earnings-momentum read is skipped.

Formula One (FWONK): EPS Growth across different time periods, set against Media & Entertainment industry-group medians.

Growth Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
Revenue Growth (YoY)	22.69%	4.57%
Revenue Growth (3Y CAGR)	20.32%	5.19%
EPS Growth (YoY)	--	1.00%
EPS Growth (3Y CAGR)	0.02%	25.23%

Financial Strength

Current Ratio (MRQ)

Formula One (FWONK) has current ratio of 1.32, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

FWONK

Media & Entertainment industry group

1.32

Group distribution

Max: 4.69
Q3: 2.53
Median: 1.52
FWONK: 1.32
Q1: 0.95
Min: 0.28

Largest peers

GOOGL: 2.79
GOOG: 2.79
SPOT: 2.13
META: 1.90
FWONK: 1.32
NFLX: 1.08
DIS: 0.71

Where Formula One (FWONK) stands on current ratio within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Formula One (FWONK) has debt-to-equity ratio of 0.65, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

FWONK

Media & Entertainment industry group

0.65

Group distribution

Max: 3.65
Q3: 1.69
FWONK: 0.65
Median: 0.46
Q1: 0.17
Min: 0.00

Largest peers

FWONK: 0.65
NFLX: 0.60
META: 0.42
DIS: 0.39
GOOGL: 0.22
GOOG: 0.22
SPOT: 0.05

Where Formula One (FWONK) stands on debt-to-equity ratio within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
Current Ratio (MRQ)	1.32	1.52
Debt / Equity (MRQ)	0.65	0.46
Net Debt / EBITDA	3.05	1.29

Dividends

Dividend Yield (TTM)

Formula One (FWONK) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

FWONK

Media & Entertainment industry group

0.00%

Group distribution

Max: 1.33%
Q3: 0.65%
FWONK: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

DIS: 1.28%
META: 0.35%
GOOG: 0.31%
GOOGL: 0.30%
FWONK: 0.00%
NFLX: 0.00%
SPOT: 0.00%

Where Formula One (FWONK) stands on dividend yield within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Formula One (FWONK) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

FWONK

Media & Entertainment industry group

0.00%

Group distribution

Max: 71.43%
Q3: 28.98%
FWONK: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

DIS: 30.93%
META: 7.16%
GOOGL: 4.49%
GOOG: 4.49%
FWONK: 0.00%
NFLX: 0.00%
SPOT: 0.00%

Where Formula One (FWONK) stands on payout ratio within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Formula One (FWONK) trades at P/E ratio of 104.25, above the peer range for its industry. The market is paying unusually heavily for TTM earnings relative to comparable companies.

FWONK

Media & Entertainment industry group

104.25

Group distribution

FWONK: 104.25
Max: 51.21
Q3: 28.90
Median: 17.98
Q1: 11.53
Min: 1.64

Largest peers

FWONK: 104.25
SPOT: 36.75
DIS: 24.07
META: 20.82
NFLX: 18.33
GOOGL: 14.87
GOOG: 14.83

Where Formula One (FWONK) stands on P/E ratio within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Formula One (FWONK) trades at 6.02 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

FWONK

Media & Entertainment industry group

6.02

Group distribution

Max: 7.43
FWONK: 6.02
Q3: 3.82
Median: 1.40
Q1: 0.70
Min: 0.00

Largest peers

GOOGL: 7.43
GOOG: 7.41
SPOT: 6.59
META: 6.46
FWONK: 6.02
NFLX: 5.24
DIS: 2.04

Where Formula One (FWONK) stands on P/S ratio within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Formula One (FWONK) trades at 3.38 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

FWONK

Media & Entertainment industry group

3.38

Group distribution

Max: 11.45
Q3: 5.30
FWONK: 3.38
Median: 1.84
Q1: 0.77
Min: -2.61

Largest peers

SPOT: 12.62
NFLX: 8.89
META: 5.73
GOOGL: 5.31
GOOG: 5.29
FWONK: 3.38
DIS: 1.84

Where Formula One (FWONK) stands on P/B ratio within its Media & Entertainment peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Formula One (FWONK) metric values compared with Media & Entertainment industry-group medians
Metric	Current stock: FWONK	Industry group median
P/E Ratio (TTM)	104.25	17.98
P/S Ratio (TTM)	6.02	1.40
P/B Ratio (MRQ)	3.38	1.84
Free Cash Flow Yield (TTM)	2.29%	7.41%