15 years of historical data (2011–2025) · Communication Services · Entertainment
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
On a free-cash-flow basis, the stock trades at 22.5x P/FCF, 58% below the 5-year average of 53.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $20.4B | — | $22.2B | $14.8B | $14.3B | $14.4B | $9.7B | $10.4B | $7.0B | $7.1B | $9.9B |
| Enterprise Value | $19.4B | — | $22.6B | $16.3B | $15.6B | $16.0B | $11.8B | $15.5B | $11.9B | $12.6B | $11.3B |
| P/E Ratio → | — | — | — | 101.82 | 27.34 | — | — | — | — | 27.76 | 30.21 |
| P/S Ratio | — | — | 6.09 | 4.60 | 5.57 | 6.75 | 8.49 | 5.16 | 3.83 | 3.98 | — |
| P/B Ratio | — | — | 3.01 | 2.31 | 2.07 | 2.08 | 1.48 | 1.99 | 1.26 | 1.25 | 1.36 |
| P/FCF | 22.48 | — | 45.20 | 76.74 | 59.02 | 31.09 | — | 41.76 | 27.58 | — | 26.30 |
| P/OCF | 22.48 | — | 39.22 | 23.93 | 26.86 | 29.99 | — | 35.51 | 26.13 | — | 26.16 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | 6.19 | 5.06 | 6.05 | 7.48 | 10.30 | 7.68 | 6.50 | 7.07 | — |
| EV / EBITDA | — | — | 35.37 | 24.49 | 29.08 | 36.57 | — | 37.16 | 33.95 | 34.52 | 24.96 |
| EV / EBIT | — | — | 100.44 | 38.37 | 38.89 | — | — | — | — | — | — |
| EV / FCF | — | — | 45.93 | 84.50 | 64.02 | 34.45 | — | 62.12 | 46.78 | — | 30.07 |
Margins and return-on-capital ratios measuring operating efficiency
Operating margins have compressed from 9.2% to 7.9% over the past 3 years, signaling potential cost pressures or competitive headwinds.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | 31.9% | 30.5% | 32.0% | 30.3% | 14.9% | 31.1% | 30.3% | 31.6% | — |
| Operating Margin | — | — | 7.9% | 9.2% | 6.7% | 1.9% | -38.8% | -1.7% | -6.0% | -2.2% | — |
| Net Profit Margin | — | — | -0.8% | 5.7% | 21.7% | -8.9% | -52.1% | -15.4% | -8.2% | 14.3% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | -0.4% | 2.8% | 8.0% | -2.8% | -10.1% | -5.8% | -2.7% | 3.9% | 4.3% |
| ROA | -0.9% | -0.9% | -0.3% | 1.7% | 4.9% | -1.7% | -5.3% | -2.8% | -1.3% | 3.4% | 13.3% |
| ROIC | — | — | 2.7% | 2.8% | 1.6% | 0.4% | -3.5% | -0.3% | -0.8% | -0.3% | 3.7% |
| ROCE | -0.5% | -0.5% | 2.9% | 3.0% | 1.7% | 0.4% | -4.1% | -0.3% | -1.0% | -0.6% | 17.6% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $1.1B exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.40 | 0.45 | 0.42 | 0.52 | 0.57 | 1.08 | 0.91 | 1.02 | 0.22 |
| Debt / EBITDA | — | — | 4.68 | 4.36 | 5.51 | 8.31 | — | 13.58 | 14.40 | 15.88 | 3.49 |
| Net Debt / Equity | — | — | 0.05 | 0.23 | 0.18 | 0.22 | 0.32 | 0.97 | 0.88 | 0.97 | 0.20 |
| Net Debt / EBITDA | — | — | 0.56 | 2.25 | 2.27 | 3.56 | — | 12.18 | 13.94 | 15.11 | 3.12 |
| Debt / FCF | — | -1.16 | 0.73 | 7.76 | 5.00 | 3.36 | — | 20.36 | 19.21 | — | 3.76 |
| Interest Coverage | — | — | 1.38 | 1.39 | 1.16 | 0.33 | -3.04 | -0.18 | -0.57 | -0.18 | 23.32 |
Net cash position: cash ($1.1B) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
The current ratio has improved from 2.17x to 2.67x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 2.67 | 2.17 | 2.43 | 1.83 | 3.27 | 1.76 | 0.86 | 1.57 | 5.65 |
| Quick Ratio | — | — | 2.67 | 2.17 | 2.43 | 1.83 | 3.27 | 1.76 | 0.86 | 1.57 | 5.65 |
| Cash Ratio | — | — | 2.33 | 1.79 | 2.08 | 1.60 | 2.43 | 1.38 | 0.44 | 0.92 | 5.42 |
| Asset Turnover | — | — | 0.31 | 0.31 | 0.23 | 0.18 | 0.10 | 0.18 | 0.17 | 0.15 | — |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | 11.39 | 13.93 | 17.45 | 11.28 | 38.57 | 12.46 | 21.98 | 17.20 | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Formula One Group does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 1.0% | 3.7% | — | — | — | — | 3.6% | 3.3% |
| FCF Yield | 4.4% | — | 2.2% | 1.3% | 1.7% | 3.2% | — | 2.4% | 3.6% | — | 3.8% |
| Buyback Yield | 0.0% | — | 0.0% | 0.1% | 4.3% | 0.4% | 0.7% | 0.2% | 0.0% | 0.0% | 0.1% |
| Total Shareholder Yield | 0.0% | — | 0.0% | 0.1% | 4.3% | 0.4% | 0.7% | 0.2% | 0.0% | 0.0% | 0.1% |
| Shares Outstanding | — | $0 | $240M | $235M | $244M | $232M | $232M | $231M | $232M | $211M | $321M |
Compare FWONK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| FWONKYou | $20B | — | — | 22.5 | — | — | — | — | — |
| LYV | $38B | -675.6 | 17.8 | 114.4 | — | 5.0% | 34.9% | 343.5% | 1.4 |
| TKO | $26B | 99.1 | 22.1 | 20.2 | -43.0% | 17.6% | 5.9% | 5.3% | 3.1 |
| LLYVK | $6B | — | — | 7.0 | — | — | — | -29.8% | — |
| MSGE | $3B | 82.0 | 20.6 | 27.4 | 43.2% | 13.0% | — | 8.5% | 6.7 |
| BATRA | $3B | -130.8 | 35.1 | — | 19.9% | 2.3% | -4.3% | 1.0% | 9.1 |
| BATRK | $2B | -118.1 | 32.2 | — | 19.9% | 2.3% | -4.3% | 1.0% | 9.1 |
| MSGS | $2B | -356.6 | 140.6 | 17.1 | 27.0% | 1.4% | — | 1.5% | 65.7 |
| MANU | $1B | -70.5 | 6.8 | 26.8 | 82.3% | -2.8% | -19.5% | -2.0% | 3.3 |
| SPHR | $817M | -21.0 | 53.0 | — | 21.7% | -21.7% | -8.3% | -5.0% | 45.3 |
| TDIC | $6M | 6.3 | 12.0 | — | 26.1% | 1.7% | 112.5% | 12.2% | 3.8 |
| Communication Services Median | — | 15.1 | 7.5 | 10.5 | 51.2% | -0.7% | 2.4% | 1.7% | 3.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 15 years · Updated daily
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