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Formula One Group

Formula One Group

FWONK
Formula One GroupUS flagNASDAQ Global Select
89.78
USD
+0.85
- -
22.50BMarket Cap
Formula One Group
FWONK
(NASDAQ Global Select)

Recent

price

89.78

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.88
8.17
2.13
7.92
0.12
- -
- -
8.61
7.91
8.75
4.94
9.21
11.04
15.22
15.22
17.93
18.96
Revenue per Share
5.8
4.85
8.2
17.37
-0.06
-0.38
3.93
1.23
-0.65
-1.35
-2.57
-0.82
2.39
3.24
-8.6
2.22
2.36
Basic EPS, GAAP
0.26
1.6
1.37
2.45
-0.07
-0.15
4.49
-0.41
1.1
1.08
-0.69
2.07
2.29
10.5
5.98
3.48
3.38
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
9.66
17.86
23.47
24.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
29.92
31.15
31.33
Book Value per Share
- -
24.73
34.67
-2.68
-10.39
2.12
15.33
-16.7
-13.59
-13.06
-5.53
-2.26
-0.79
-1.68
0.95
-14.71
-14.02
Tangible Book Value per Share
172
172
172
506
475
463
84
207
231
231
232
232
233
235
240
250
250
Basic Weighted Avg Shares
2,050
1,409
368
4,002
59
- -
- -
1,783
1,827
2,022
1,145
2,136
2,573
3,572
3,653
4,482
4,746
Sales/Revenue/Turnover
7.17
37.69
-21.74
20.34
-196.61
- -
- -
-2.24
-6.02
-1.73
-38.78
1.87
6.72
7.47
10.73
13.48
15.25
Operating Margin (%)
823
53
42
315
16
9
10
405
460
453
441
397
362
406
352
393
428
Depreciation Expense
1,000
836
1,414
8,780
-29
-175
329
255
-150
-311
-596
-190
558
761
-2,063
555
590
Net Income, GAAP
- -
21.77
28.79
- -
- -
- -
34.2
- -
- -
- -
- -
- -
- -
24.74
- -
18.69
20.93
Effective Tax Rate (%)
48.78
59.33
384.24
219.39
-49.15
- -
- -
14.3
-8.21
-15.38
-52.05
-8.9
21.69
21.3
-56.47
12.38
12.43
Profit Margin (%)
- -
2,630
1,826
-678
-306
221
144
154
-50
322
1,572
1,073
1,190
924
2,214
434
504
Working Capital
- -
541
536
4,778
5,595
1,033
1,583
5,796
5,039
5,677
3,550
2,936
2,886
2,870
2,966
5,048
4,968
LT Debt
- -
5,249
6,432
23,882
20,176
983
1,286
5,671
5,553
5,241
6,555
6,940
6,935
6,419
7,051
8,450
8,405
Total Equity
- -
12.77
-0.85
- -
- -
- -
11.93
- -
- -
- -
- -
- -
- -
2.09
- -
4.16
4.81
Return on Invested Capital (%)
- -
57.78
43.3
- -
- -
- -
26.11
- -
- -
- -
- -
- -
- -
25.05
- -
6.37
6.81
Return on Capital (%)
- -
100.36
59.59
117.52
-0.25
-3.07
- -
- -
- -
- -
- -
- -
- -
- -
-57.45
7.42
7.85
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
42
52
53
LT Borrowings
5,122
5,048
4,968
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
250
250
251
Market Capitalization
26,078
24,595
21,283

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,061
1,373
1,957
Cash, Cash Equivalents & STI
1,291
1,055
1,332
Accounts Receivable, Net
302
115
262
Inventories
- -
- -
- -
Total Current Liabilities
1,653
939
1,453
Payables & Accruals
474
575
524
ST Debt
42
52
53
Deferred Revenue
1,090
263
819

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.72%
5.61%
19.84%
Free Cash Flow
-144.92%
-21.86%
-39.37%
Net Income, GAAP
-119.38%
-184.68%
-126.9%
Sales/Revenue/Turnover
- -
34.16%
22.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
587
988
911
1,167
3,653
2025
447
1,341
1,085
1,609
4,482
2026
711
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.86
0.1
0.48
- -
-8.6
2025
0.02
1.53
0.26
- -
2.22
2026
0.23
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Formula One Group (Nasdaq: FWONK), a subsidiary of Liberty Media Corporation, owns and operates Formula 1, the premier global single-seater motor racing championship; it commercializes media rights, sponsorships, and licensing through television and digital broadcasting deals, trackside advertising, and official merchandise; the company also manages event hosting, hospitality packages, and fan engagement platforms including the F1 TV streaming service and F1 Experiences VIP packages. Formula One Group oversees 24 Grands Prix annually across circuits in Europe, Asia, the Americas, and the Middle East, serving a worldwide audience of over 1.5 billion fans through partnerships with broadcasters like ESPN, Sky Sports, and ServusTV. Founded in 2017 as part of Liberty Media's acquisition and headquartered in Englewood, Colorado, with operational bases in London and Geneva, the group focuses on motorsports entertainment, technology innovation such as hybrid power units, and sustainable racing initiatives targeting automotive manufacturers, sponsors, and premium consumers. In recent developments, Formula One Group expanded its U.S. presence with the 2024 addition of a sixth Grand Prix in Las Vegas and Madrid replacing the Spanish Grand Prix in Barcelona; it secured a long-term strategic alliance with Honda for Red Bull Powertrains engines starting in 2026, alongside Audi's entry as a power unit supplier and full team acquisition of Sauber; the company launched new digital offerings like enhanced F1 TV features and Academy programs for driver development. Liberty Media completed a corporate reorganization in 2023 separating Formula One Group into distinct tracking stocks FWONA and FWONK to streamline investor access; significant funding through stock performance supported a $1.8 billion acquisition of MotoGP in 2024, marking entry into motorcycle racing. These changes reflect Formula One Group's strategic shift toward diversified motorsports, geographic expansion into high-growth markets, and regulatory compliance with 2026 engine rules emphasizing sustainability.

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