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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Formula One Group (FWONK) Quarterly Financial Ratios

Last 48 quarters of trend data · Communication Services · Entertainment

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →——100.4317.191119.53—40.33179.6051.2563.1332.4545.13—
——+149.0%-90.4%+2084.4%—+24.3%+297.9%—+587.4%-30.0%+1.2%—
P/S Ratio——6.064.9112.944.955.184.336.793.044.286.2411.44
——+16.8%+13.5%+90.6%+62.7%+21.0%-30.6%-40.7%-36.8%-13.4%+23.4%+3.4%
P/B Ratio——3.233.353.123.132.472.612.462.332.392.602.55
——+30.6%+28.4%+27.1%+34.1%+3.5%+0.6%-3.7%+11.3%+20.6%+21.0%+10.1%
P/FCF22.48—42.4030.6216.62—27.1417.2435.27—32.21—22.36
——+56.2%+77.7%-52.9%—-15.7%—+57.7%—+54.8%—-29.8%
EV / EBITDA——33.1618.21970.0752.3624.1931.2824.5917.3621.5435.8947.03
——+37.1%-41.8%+3844.2%+201.6%+12.3%-12.8%-47.7%-42.2%-14.9%+23.7%+18.1%
EV / EBIT——46.9713.01187.75—28.3460.9263.8039.1920.2827.27—
——+65.8%-78.6%+194.3%—+39.7%+123.4%—+12.6%-25.1%-2.0%—

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Formula One Group's operating margin was 21.8% in Q4 2025, up 7.2 pp QoQ and up 19.9 pp YoY. The trailing four-quarter average of 10.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 143.3% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin—65.0%38.4%35.3%27.3%26.7%34.7%25.8%48.0%26.8%30.7%28.3%45.9%
—+143.3%+10.7%+37.0%-43.2%-0.4%+13.1%-8.8%+4.6%-10.9%-0.8%+0.3%+0.2%
Operating Margin—21.8%14.7%20.9%-15.9%2.0%12.1%6.0%15.8%9.9%12.1%7.2%4.2%
—+1007.3%+21.4%+249.6%-200.3%-80.1%+0.1%-16.9%+277.3%+82.4%+34.8%+9.1%-20.4%
Net Margin—0.2%6.1%28.5%1.1%-21.3%12.8%2.4%34.6%4.9%13.3%16.0%-28.6%
—+101.0%-52.3%+1072.7%-96.8%-535.7%-3.5%-84.8%+220.9%-90.2%-11.9%+7.4%-194.3%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE——0.8%5.0%0.1%-3.3%1.6%0.4%3.1%0.9%1.8%1.7%-1.6%
——-49.8%+1259.5%-97.9%-451.5%-6.9%-78.1%+298.7%-82.3%+16.1%+5.2%-212.5%
ROA-0.9%-0.0%0.4%3.1%0.0%-2.1%1.0%0.2%1.9%0.6%1.1%1.0%-1.0%
—+98.0%-57.6%+1287.5%-97.8%-462.6%-5.6%-78.6%+296.2%-82.5%+17.4%+10.7%-233.0%
ROIC—-13.7%1.1%2.7%-0.7%0.2%1.0%0.5%0.9%1.2%1.0%0.5%0.1%
—-6326.5%+7.1%+400.2%-180.2%-81.1%+5.0%+17.0%+491.5%+215.0%+74.6%+7.0%-13.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity——0.870.390.400.400.380.440.450.450.460.420.43
——+127.0%-13.2%-10.0%-10.5%-15.8%+4.8%+3.4%+6.5%-5.8%-12.0%-19.4%
Debt / EBITDA——29.578.42497.0026.7114.7919.6816.2112.2615.0121.6929.58
——+99.9%-57.2%+2965.6%+117.9%-1.5%-9.3%-45.2%-45.5%-33.5%-8.9%-12.7%
Current Ratio——0.672.852.322.672.701.681.652.171.671.881.96
——-75.2%+69.7%+40.9%+23.0%+61.7%-10.9%-15.9%-10.5%-44.0%-2.8%+15.1%
Quick Ratio——0.672.852.322.672.701.681.652.171.671.881.96
——-75.2%+69.7%+40.9%+23.0%+61.7%-10.9%-15.9%-10.5%-44.0%-2.8%+15.1%
Interest Coverage—-14.892.005.71-1.290.502.041.111.502.301.910.960.31
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

Why look at FWONK quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Formula One Group's business trajectory between earnings reports.

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