LILANasdaqCable & Other Pay Television ServicesFiscal year ends December 31Also trades as LILAB, LILAK, LILAP
Liberty Latin America Ltd.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$7.88−0.18 (-2.23%)
Close on Oct 19, 2026
- Market cap
- $1.58B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2014 to 2025
Gross margin
78.0%+0.8 pts over 5 years
Operating margin
2.4%+0.1 pts over 5 years
Net margin
-13.8%+4.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.1% | -2.6% | +3.3% | +13.8% | |
| Gross profit | +0.3% | -1.2% | +3.5% | – | |
| Operating income | – | +7.7% | +4.5% | -8.0% | |
| Free cash flow | +41.7% | +13.6% | +102.4% | +13.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -24.0% | -74.3% | |
| Return on assets | – | -4.6% | -4.9% | |
| Current ratio | 1.12 | 1.15 | 1.14 | |
| Debt to equity | 1.45 | 3.20 | 14.90 | |
| Net debt to EBITDA | 6.06× | 7.40× | 7.40× | |
| Interest coverage | 1.0× | 0.2× | 0.2× | |
| Capex to revenue | 20.9% | 16.7% | 11.3% | |
| Diluted shares | 126M | 196M | 200M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Liberty Latin America generated $4.34B from operations and spent $3.46B on capital expenditure, dividends and share buybacks. 87% of that went back into the business.
Generated
$4.34B
Used
$3.46B
Capital expenditure$3.02B87%Dividends$00%Share buybacks$434.60M13%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-13.8%
×Asset turnover0.36×
×Equity multiplier15.21×
=Return on equity, FY2025-74.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -13.8% | 0.36× | 15.21× | -74.3% |
| FY2024 | -15.5% | 0.34× | 9.25× | -48.3% |
| FY2023 | -1.6% | 0.33× | 7.38× | -4.0% |
| FY2022 | -3.5% | 0.33× | 6.99× | -8.2% |
| FY2021 | -9.2% | 0.32× | 6.30× | -18.2% |
| FY2020 | -18.2% | 0.25× | 5.25× | -24.0% |
| FY2019 | -2.7% | 0.27× | 4.56× | -3.4% |
| FY2018 | -9.3% | 0.27× | 4.20× | -10.7% |
| FY2017 | -21.7% | 0.26× | 3.70× | -20.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$611.20M
- Cash generatingOperating cash flow above zero$805.90M
- Return on assets improvedROA up on the prior year-5.1% → -4.8%
- Earnings backed by cashOperating cash flow above net income$805.90M vs -$611.20M
- Less leverageLong-term debt to assets fell59.6% → 64.4%
- Better liquidityCurrent ratio rose1.03 → 1.14
- No dilutionShare count did not rise198M → 200M
- Gross margin improvedGross margin up on the prior year77.75% → 78.03%
- More efficientAsset turnover rose0.33 → 0.35