Latest Ratios: P/E Ratio -2.3x · EV/EBITDA 3.4x · ROE -18.1%. (2006–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $761M | $1.1B | — | — | $7.5B | $4.5B | — | — | — | — | — |
| Enterprise Value | $1.5B | $1.9B | — | — | $10.2B | $6.9B | — | — | — | — | — |
| P/E Ratio → | -2.30 | — | — | — | 3.88 | — | — | — | — | — | — |
| P/S Ratio | 0.73 | 1.09 | — | — | 8.41 | 6.06 | — | — | — | — | — |
| P/B Ratio | 0.42 | 0.67 | — | — | 1.21 | 1.04 | — | — | — | — | — |
| P/FCF | 6.24 | 9.37 | — | — | — | — | — | — | — | — | — |
| P/OCF | 2.06 | 3.09 | — | — | 123.29 | 54.05 | — | — | — | — | — |
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 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.79 | — | — | 11.42 | 9.29 | — | — | — | — | — |
| EV / EBITDA | 3.39 | 4.25 | — | — | 200.92 | — | — | — | — | — | — |
| EV / EBIT | 8.37 | 10.52 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 15.34 | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.7% | 29.7% | 70.3% | 69.9% | 68.1% | 69.3% | 51.5% | 67.6% | 67.1% | 39.4% | 65.4% |
| Operating Margin | 17.0% | 17.0% | 14.9% | 12.4% | -24.1% | -38.1% | -233.4% | 8.4% | 6.7% | 15.8% | 13.9% |
| Net Profit Margin | -29.5% | -29.5% | 7.4% | 4.5% | 244.3% | -118.1% | 3042.3% | -0.4% | -2.7% | 0.8% | 1.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -18.1% | -18.1% | 4.8% | 1.1% | 41.6% | -23.4% | 28.5% | -0.2% | -1.7% | 0.8% | 1.7% |
| ROA | -9.1% | -9.1% | 2.1% | 0.5% | 21.2% | -11.2% | 11.2% | -0.1% | -0.4% | 0.1% | 0.2% |
| ROIC | 5.5% | 5.5% | 4.2% | 1.5% | -2.1% | -3.8% | -1.1% | 2.4% | 2.9% | 5.5% | 6.3% |
| ROCE | 5.5% | 5.5% | 4.4% | 1.5% | -2.3% | -4.2% | -1.0% | 1.5% | 1.5% | 2.5% | 2.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.68 | 0.68 | 0.80 | 0.73 | 0.53 | 0.67 | 0.58 | 0.87 | 1.36 | 1.57 | 4.12 |
| Debt / EBITDA | 2.62 | 2.62 | 3.29 | 3.23 | 64.21 | — | — | 16.27 | 19.41 | 13.48 | 5.43 |
| Net Debt / Equity | — | 0.43 | 0.75 | 0.68 | 0.43 | 0.56 | 0.40 | 0.62 | 0.09 | 0.22 | 2.94 |
| Net Debt / EBITDA | 1.66 | 1.66 | 3.07 | 3.00 | 53.01 | — | — | 11.52 | 1.33 | 1.89 | 3.88 |
| Debt / FCF | — | 5.98 | 34.42 | 18.98 | — | — | 11.90 | 1.20 | 1.12 | 0.79 | — |
| Interest Coverage | 3.96 | 3.96 | 2.86 | 2.20 | -1.40 | -2.36 | -0.67 | 1.00 | 0.84 | 1.98 | 1.62 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.14 | 3.14 | 1.66 | 1.85 | 1.84 | 0.69 | 0.61 | 0.68 | 3.06 | 1.26 | 0.67 |
| Quick Ratio | 3.14 | 3.14 | 1.66 | 1.85 | 1.84 | 0.69 | 0.61 | 0.68 | 3.00 | 1.19 | 0.67 |
| Cash Ratio | 2.16 | 2.16 | 0.39 | 0.46 | 1.44 | 0.45 | 0.60 | 0.63 | 2.93 | 1.17 | 0.60 |
| Asset Turnover | — | 0.31 | 0.28 | 0.27 | 0.07 | 0.09 | 0.00 | 0.16 | 0.16 | 0.16 | 0.08 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 5.86 | 3.30 | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | 2.4% | — | — | — | — | — | — |
| Payout Ratio | — | — | 214.3% | 158.5% | 8.2% | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 25.8% | — | — | — | — | — | — |
| FCF Yield | 16.0% | 10.7% | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | 0.0% | 2.5% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | 2.4% | 2.5% | — | — | — | — | — |
| Shares Outstanding | — | $31M | $29M | $29M | $106M | $109M | $35M | $37M | $38M | $53M | $45M |
Regulatory Subsidy Dependency
Based on reported figures, the company trades at a P/S of 0.73 and a forward P/E of 6.82, suggesting that the market applies a significant conglomerate discount that likely overlooks the replacement cost of the unique Alaskan fiber infrastructure and the strategic value of its subsea assets.
The current valuation multiples appear to reflect skepticism regarding the company's standalone growth prospects rather than the underlying asset base. Investors should monitor whether the market continues to price the entity as a proxy for its broader Liberty holdings, which may obscure the intrinsic value of the Alaskan utility operations.
As reported in financial statements, the ROIC has struggled to maintain positive territory, hovering near 1.0% in 2026Q1, which indicates that the company is currently failing to generate returns that exceed the cost of capital required to maintain its remote, high-barrier-to-entry telecommunications network.
The persistent low ROIC suggests that the high capital intensity required for Alaskan operations is not being adequately offset by operational efficiency or pricing power. This trend warrants further investigation into whether management can improve capital allocation or if the infrastructure requirements are structurally prohibitive to achieving higher returns.
According to recent SEC filings, the company's asset turnover remains extremely low at 0.08, reflecting the massive fixed-asset base required to operate in Alaska, while the variability in DPO, which reached 283 days in 2025Q1, suggests inconsistent management of supplier leverage and working capital cycles.
The low asset turnover is a structural reality of the industry, but the volatility in working capital metrics implies that operational cash flow is susceptible to lumpy timing of payments and receipts. This lack of consistency in the cash conversion cycle may complicate short-term liquidity planning for the firm.
Based on the most recent quarterly data, the company maintains a debt-to-equity ratio of 0.60, which appears to be a disciplined approach to balance sheet management that provides a necessary buffer against the volatility observed in the firm's operating margins and interest coverage ratios.
While the debt-to-equity ratio is relatively low, the interest coverage ratio of 4.12 in 2026Q1 indicates that debt service remains manageable but sensitive to any further erosion in operating income. Investors should monitor whether this conservative leverage profile is maintained as the company navigates potential regulatory and competitive headwinds.
The EV/EBITDA ratio of 3.39 is frequently misapplied to this business model, as it fails to account for the non-cash accounting distortions and equity method gains that characterize Liberty-affiliated entities, thereby providing a misleading picture of the company's true operational cash-generating capacity and valuation.
Analysts should instead focus on a look-through valuation that separates the GCI operating unit from the broader Liberty corporate structure. Relying on standard EBITDA multiples obscures the impact of aggressive depreciation schedules and the strategic value of the Alaskan network, which are not captured by traditional industry metrics.
Includes 30+ ratios · 16 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying GLIBA stock.
GCI Liberty, Inc.'s current P/E ratio is -2.3x. The historical average is 3.9x.
GCI Liberty, Inc.'s current EV/EBITDA is 3.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.3x.
GCI Liberty, Inc.'s return on equity (ROE) is -18.1%. The historical average is 3.4%.
Based on historical data, GCI Liberty, Inc. is trading at a P/E of -2.3x. Compare with industry peers and growth rates for a complete picture.
GCI Liberty, Inc. has 29.7% gross margin and 17.0% operating margin. Operating margin between 10-20% is typical for established companies.
GCI Liberty, Inc.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.