The Liberty SiriusXM Group

The Liberty SiriusXM Group

LSXMB
The Liberty SiriusXM GroupUS flagNASDAQ Global Select
22.51
USD
-1.09
- -
7.28BMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
4.12
1.08
11.7
12.11
13.31
14.97
16.15
17.53
23.69
24.07
25.96
27.57
27.41
27.21
Basic EPS, GAAP
2.44
4.13
25.67
0.68
0.76
1.23
3.35
2.05
1.5
-2.24
1.79
3.96
2.54
2.99
Free Cash Flow per Basic Share
0.81
0.6
3.61
2.72
3.57
5.09
5.5
5.42
5.91
5.76
5.65
6
5.59
5.28
Dividend per Share
- -
- -
- -
- -
- -
0.05
0.18
0.18
0.21
0.19
0.17
0.76
0.2
0.1
Book Value per Share
4.87
9.01
34.68
33.39
32.12
35.02
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
12.47
17.49
-3.96
-14.64
-23.17
-25.86
-24.62
-27.38
-33.32
-40.84
-43.64
-43.66
-39.42
-37.45
Basic Weighted Avg Shares
342
342
342
342
342
335
336
329
329
334
335
327
327
327
Sales/Revenue/Turnover
1,409
368
4,002
4,141
4,552
5,014
5,425
5,771
7,794
8,040
8,696
9,003
8,953
8,899
Operating Margin (%)
37.69
-21.74
20.34
24.25
23.57
26.96
28.52
28.12
20.89
21.8
22.27
22.07
21.28
21.65
Depreciation Expense
53
42
315
359
322
312
352
369
537
573
603
611
624
620
Net Income, GAAP
836
1,414
8,780
231
259
413
1,124
676
494
-747
599
1,292
829
978
Effective Tax Rate (%)
21.77
28.79
- -
42.19
42.09
34.17
- -
19.36
26.94
- -
7.8
23.72
18.69
18.63
Profit Margin (%)
59.33
384.24
219.39
5.58
5.69
8.24
20.72
11.71
6.34
-9.29
6.89
14.35
9.26
10.99
Working Capital
2,630
1,826
-678
-1,265
-2,298
-1,958
-2,519
-2,285
-1,884
-2,103
-3,065
-2,790
-2,515
-1,988
LT Debt
541
536
4,778
5,588
5,454
6,102
6,741
7,855
9,244
12,525
12,078
11,600
10,063
10,232
Total Equity
5,249
6,432
23,882
20,176
16,797
16,030
16,476
15,707
16,306
12,755
11,601
11,897
13,191
13,806
Return on Invested Capital (%)
12.7
-0.84
- -
2.09
2.56
3.99
- -
5.51
4.84
- -
6.92
5.96
6.28
6.34
Return on Capital (%)
57.78
43.3
- -
0.56
1.01
1.65
- -
5.07
4.1
- -
4.41
8.63
6.99
8.07
Return on Common Equity (%)
100.36
59.59
117.52
1.98
2.31
3.64
19.16
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
1,074
1,075
581
LT Borrowings
10,063
10,047
10,232
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
327
327
327
Market Capitalization
9,411
9,473
7,125

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
1,361
1,151
1,197
Cash, Cash Equivalents & STI
306
135
188
Accounts Receivable, Net
709
614
644
Inventories
- -
- -
- -
Total Current Liabilities
3,876
3,717
3,185
Payables & Accruals
1,536
1,312
1,334
ST Debt
1,074
1,075
581
Deferred Revenue
1,195
1,162
1,128

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.23%
-2.72%
10.88%
Free Cash Flow
5.4%
0.59%
-6.79%
Net Income, GAAP
-27.2%
-75.69%
-35.84%
Sales/Revenue/Turnover
8.75%
9.87%
-0.56%
Total Cash Common Dividend
- -
51.08%
-73.9%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2,186
2,254
2,280
2,283
9,003
2023
2,144
2,250
2,271
2,288
8,953
2024
2,162
2,178
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.87
1.36
0.93
- -
3.96
2023
0.56
0.51
0.94
- -
2.54
2024
0.61
0.91
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.61
0.05
0.05
- -
0.76
2023
0.05
0.05
0.05
- -
0.2
2024
- -
- -
- -
- -
- -

Company Description

APIChat
Full Time Employees
6,400
Sector
Communication Services
Industry
Broadcasting
Address
12300 Liberty Boulevard Englewood CO United States of America 80112
IPO Date
Apr 21, 2016
Business
The Liberty SiriusXM Group (NASDAQ: LSXMA, LSXMB, LSXMK) operates as a tracking stock of Liberty Media Corporation, reflecting the consolidated economic performance of Liberty Media's interests in Sirius XM Holdings Inc., following a major corporate restructuring completed in September 2024. Through its approximately 83% ownership stake in Sirius XM as of late 2023 (prior to restructuring adjustments), the group provides subscription-based audio entertainment services, including satellite radio offerings with music, sports, entertainment, comedy, talk, news, traffic, weather, and infotainment channels delivered via proprietary satellite systems, mobile applications, home devices, and consumer electronics; connected vehicle services; Travel Link data services encompassing graphical weather, fuel prices, sports schedules, scores, and movie listings; ad-supported radio; Pandora Plus subscription radio; Pandora Premium on-demand streaming; a music, comedy, and podcast streaming discovery platform; podcast networks; and business and advertising solutions. Satellite radios are distributed through automakers, retailers, and direct sales channels, serving millions of subscribers primarily in the United States and Canada. In a significant strategic development announced in December 2023 and finalized on September 9, 2024, Liberty Media executed a redemptive split-off of its Liberty Sirius XM Holdings Inc. subsidiary (New Sirius), which assumed all businesses, assets, and liabilities attributed to the Liberty SiriusXM Group, followed immediately by a merger with Sirius XM Holdings Inc., creating a fully independent public Sirius XM entity trading under the SIRI ticker with a streamlined single-class share structure, enhanced liquidity, and a majority-independent board chaired by Liberty Media's Greg Maffei. This transaction eliminated the tracking stock discount, allowed former Liberty SiriusXM shareholders to hold direct stakes in the combined company (approximately 81% Liberty-retained interest), and positioned Sirius XM for accelerated value creation through its next-generation platform, including unified in-vehicle and streaming personalization, expanded electric vehicle integration, revamped pricing models, a European tech hub, and cost optimizations amid resilient subscriber growth nearing 35 million for SiriusXM and over 6 million for Pandora as of recent periods. No major new acquisitions, funding rounds, or product launches specific to the Liberty SiriusXM Group have been reported since the split-off into early 2025. Liberty Media Corporation, the parent entity overseeing the Liberty SiriusXM tracking stocks, was originally formed in 1991 and maintains headquarters at 12300 Liberty Boulevard, Englewood, Colorado; the attributed Sirius XM operations focus on the North American audio entertainment market, targeting individual consumers, automotive OEMs, and advertisers across streaming, satellite, and podcast segments.

Company News

APIChat
  • F1 owner Liberty Media can ride out Mideast conflict

  • Liberty Media Corporation Completes Acquisition of MotoGP™

  • European Commission Approves Liberty Media's Acquisition of MotoGP™

  • Liberty Media receives nod from EU regulators for MotoGP deal

  • Liberty Media: Looking Like MotoGP Is Getting The Green Flag

  • Liberty Media to get unconditional EU approval for MotoGP deal, sources say

  • EU to decide on F1 owner Liberty Media's MotoGP deal by Dec. 19

  • Liberty Media sells F1 shares to fund MotoGP deal

  • Warren Buffett Sold Apple and Paramount. Here's What He's Buying Instead.

  • The Liberty SiriusXM Group (LSXMK) Q1 2024 Earnings Call Transcript

  • F1 Owner Liberty Media Buys MotoGP Rightsholder Dorna Sports in $4.5 Billion Deal

  • Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call

  • Liberty Media and SiriusXM Announce Transaction to Simplify Ownership Structure of SiriusXM

  • The 3 Warren Buffett Stocks Wall Street Thinks Will Be the Biggest Winners Over the Next 12 Months

  • Liberty SiriusXM: What Could Go Wrong

  • Formula 1 could be coming to Apple as it mulls offering up to $2 billion a year to show races, report says

  • Why Sirius XM and Liberty Media Stocks Are Making Moves in Opposite Directions Today

  • Liberty Media proposes to merge and tidy up SiriusXM interests

  • Liberty Media Corporation Announces Definitive Agreement to Acquire QuintEvents

  • Week Of 08/28 Notable Insider Buys