Liberty Latin America Ltd. Class C Common Stock (LILAK) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$0.04	-$0.11	-375.0%	—	$1.1B	—
Q3 25	—	$0.02	—	—	$1.1B	—
Q2 25	-$0.03	-$2.12	-6966.7%	—	$1.1B	—
Q1 25	-$0.14	-$0.69	-392.9%	—	$1.1B	—
Q4 24	-$0.03	-$0.9	-2900.0%	—	$1.2B	—
Q3 24	$0.1	-$0.24	-340.0%	—	$1.1B	—
Q2 24	-$0.08	-$0.22	-175.0%	—	$1.1B	—
Q1 24	-$0.23	-$0.3	-30.4%	—	$1.1B	—
Q4 23	-$0.01	-$0.46	-4500.0%	—	$1.2B	—
Q3 23	-$0.11	$0.29	+363.6%	—	$1.1B	—
Q2 23	—	$0.17	—	—	$1.1B	—
Q1 23	-$0.06	-$0.23	-283.3%	—	$1.1B	—
Q4 22	-$0.01	$0.59	+6000.0%	—	$1.2B	—
Q3 22	$0.16	$0.38	+137.5%	—	$1.2B	—
Q2 22	$0.13	-$2.1	-1715.4%	—	$1.2B	—
Q1 22	$0.14	$0.36	+157.1%	—	$1.2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$3.06	—	—	$4.4B	—
FY24	—	-$3.31	—	—	$4.5B	—
FY23	—	-$0.35	—	—	$4.5B	—
FY22	—	-$0.77	—	—	$4.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.7B	$3.6B	$3.7B	$3.9B	$3.8B	$4.8B	$4.8B	$4.5B	$4.5B	$4.4B
YoY change	+123.8%	+31.8%	+3.22%	+4.35%	-2.65%	+27.8%	-0.06%	-6.19%	-1.2%	-0.33%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.7B	3.6B	3.7B	3.9B	3.8B	4.8B	4.8B	4.5B	4.5B	4.4B
Cost of revenue	677.2M	876.2M	1.3B	1.3B	1.3B	1.7B	1.7B	1.5B	1.5B	1.4B
Gross profit	2B	2.7B	2.4B	2.6B	2.5B	3.1B	3.1B	3B	3B	3B
Gross margin	75.1%	75.6%	65.2%	66.6%	66.3%	63.9%	64%	66.6%	66.5%	67.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	523M	710.7M	681.8M	730.5M	749.2M	922.6M	917.2M	827.4M	852.8M	813.2M
Operating expenses	990.3M	1.4B	1B	1.1B	1.2B	1.4B	1.5B	1.4B	1.5B	1.4B
Operating income	469M	544.7M	557.4M	576.3M	398.4M	728.8M	684.6M	618.3M	528.6M	719.5M
Operating margin	17.2%	15.2%	15%	14.9%	10.6%	15.1%	14.2%	13.7%	11.9%	16.2%
Non-operating income, net	-252.7M	-814.1M	-698.4M	-385.7M	-696.7M	-519.4M	-250.9M	-79M	-532.3M	-715.9M
Pretax income	-98.1M	-651.2M	-584.7M	-308.6M	-831.7M	-318M	-123M	-62.4M	-631.4M	-652.8M
Income tax	305.9M	147.5M	51.1M	-100.2M	-27.8M	172.6M	84.8M	24.4M	-4.1M	-98.5M
Net income	-404M	-798.7M	-635.8M	-208.4M	-803.9M	-490.6M	-207.8M	-86.8M	-627.3M	-554.3M
Net margin	-14.8%	-22.2%	-17.2%	-5.39%	-21.4%	-10.2%	-4.32%	-1.92%	-14.1%	-12.5%
EBITDA	1.1B	1.4B	1.4B	1.5B	1.3B	1.7B	1.6B	1.6B	1.5B	1.6B
EPS	-3.26	-4.29	-1.96	-0.58	-3.49	-1.89	-0.77	-0.35	-3.31	-3.06
Diluted EPS	-3.26	-4.29	-1.96	-0.58	-3.49	-1.89	-0.77	-0.35	-3.31	-3.06

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.1B	1.2B	1.1B	1.1B	1.1B	1.2B	1.1B	1.1B	1.1B	1.2B	1.1B	1.1B
Cost of revenue	376.6M	410.6M	376.3M	373.9M	354.4M	389.2M	347.3M	348.5M	361.9M	386.8M	352.3M	348M
Gross profit	749.2M	753M	723.1M	744.1M	734.8M	761.1M	736.2M	738.2M	750.6M	772.7M	730.5M	754.6M
Gross margin	66.5%	64.7%	65.8%	66.6%	67.5%	66.2%	67.9%	67.9%	67.5%	66.6%	67.5%	68.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	202M	195.3M	230.7M	212.2M	203.5M	206.4M	226.8M	198.2M	195.8M	192.4M	220.9M	195.4M
Operating expenses	345.1M	322.7M	377.1M	378.7M	345.3M	365.1M	368.6M	336.9M	332M	335.8M	360.8M	336M
Operating income	173.6M	127.6M	98.2M	128.7M	144.1M	157.6M	138.8M	183.8M	205M	191.9M	152.6M	192.5M
Operating margin	15.4%	11%	8.93%	11.5%	13.2%	13.7%	12.8%	16.9%	18.4%	16.6%	14.1%	17.5%
Non-operating income, net	37M	-84.1M	62.3M	-45.3M	-559.7M	10.4M	-98.1M	-589.2M	-28.9M	300K	22.1M	-600K
Pretax income	58.3M	-110.2M	4.6M	-72.8M	-574.8M	11.6M	-117.6M	-570.8M	11.8M	23.8M	10.5M	24M
Income tax	10.4M	-27.5M	5.1M	-35.9M	-145.7M	172.4M	9.1M	-155.7M	-4.1M	52.2M	26.7M	34.6M
Net income	47.9M	-82.7M	-500K	-36.9M	-429.1M	-160.8M	-126.7M	-415.1M	15.9M	-28.4M	-16.2M	-10.6M
Net margin	4.25%	-7.11%	-0.05%	-3.3%	-39.4%	-14%	-11.7%	-38.2%	1.43%	-2.45%	-1.5%	-0.96%
EBITDA	400.5M	423.7M	344.3M	360.5M	392.4M	386M	361.7M	386.6M	425.6M	423M	363M	407.5M
EPS	0.29	—	-0	-0.22	-2.22	—	-0.69	-2.12	0.02	—	-0.11	-0.13
Diluted EPS	0.29	—	-0	-0.22	-2.22	—	-0.69	-2.12	0.02	—	-0.11	-0.13

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	1.6B	2.3B	1.5B	—	1.1B	1B	854.5M	1B	1.6B
Enterprise value	—	—	7.7B	9.5B	9B	—	8.3B	8.3B	8.4B	8.6B	10.4B
Shares outstanding	132.6M	181.4M	176M	184.4M	195.5M	232.6M	222.6M	210M	198.4M	199.5M	199.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	—	—	—	—	—	8.3
P/S	—	—	0.44	0.59	0.39	—	0.24	0.23	0.19	0.23	0.37
P/B	—	—	0.4	0.58	0.44	—	0.45	0.45	0.53	0.95	3.23
EV/EBITDA	—	—	5.55	6.4	6.81	—	5.31	5.15	5.64	5.39	9.02
EV/Sales	—	—	2.08	2.45	2.39	—	1.73	1.84	1.88	1.94	2.33
Earnings yield	—	—	—	—	—	—	—	—	—	—	12%
FCF yield	—	—	2.46%	14.3%	5.04%	—	18.2%	29.8%	25.3%	30.3%	26.2%
PEG	—	—	—	—	—	—	—	—	—	—	-0.09

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	75.1%	75.6%	65.2%	66.6%	66.3%	63.9%	64%	66.6%	66.5%	67.5%	68.4%
Operating margin	17.2%	15.2%	15%	14.9%	10.6%	15.1%	14.2%	13.7%	11.9%	16.2%	17.5%
Net margin	-14.8%	-22.2%	-17.2%	-5.39%	-21.4%	-10.2%	-4.32%	-1.92%	-14.1%	-12.5%	-2.2%
ROE	-7.14%	-17%	-15.4%	-5.24%	-24.1%	-16.9%	-8.13%	-3.76%	-38.6%	-52.1%	-3.72%
ROA	-2.86%	-5.87%	-4.73%	-1.4%	-5.33%	-3.19%	-1.53%	-0.64%	-4.9%	-4.53%	1.28%
ROIC	4.2%	5.17%	5.48%	5.16%	3.67%	7.6%	7.03%	6.45%	5.78%	8.31%	0%
Return on tangible assets	18%	53.5%	230%	-10.1%	-122.5%	-18.1%	-9.57%	-3.68%	-26.3%	-19.4%	-1.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.12	0.87	1.02	1.3	1.15	1.35	1.17	1.13	1.04	1.14	1.19
Quick ratio	1.12	0.87	1.02	1.3	1.15	1.35	1.17	1.13	1.04	1.14	1.19
Debt / equity	1.07	1.36	1.62	2.1	2.52	2.64	3.11	3.58	5.02	7.87	9.06
Debt / assets	0.43	0.47	0.5	0.56	0.56	0.5	0.59	0.61	0.64	0.68	0.7
Net debt / EBITDA	5.12	4.3	4.36	4.85	5.69	4.05	4.58	4.5	5.07	4.75	4.84
Interest coverage	0.69	-0.71	-0.32	0.38	-0.56	0.4	0.78	0.9	-0.01	0.01	1.11
Effective tax rate	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	100%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	20.5	19.8	21.1	21	19.3	20.7	21.6	21.5	22.5	22.3	22.2
EPS (basic)	-3.26	-4.29	-1.96	-0.58	-3.49	-1.89	-0.77	-0.35	-3.31	-3.06	-3.06
EPS (diluted)	-3.26	-4.29	-1.96	-0.58	-3.49	-1.89	-0.77	-0.35	-3.31	-3.06	-0.48
Book value per share	42.7	25.9	23.4	21.6	17.1	12.5	11.5	11	8.2	5.33	2.64
FCF per share	-0.17	-0.36	0.23	1.79	0.38	1.2	0.94	1.49	1.09	1.53	2.06
Cash per share	4.17	2.92	3.59	6.42	4.57	4.11	3.51	4.71	3.3	3.93	3.86
Capex per share	0	0	0.12	0.18	0	0	—	—	—	2.51	2.41

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0%	0%	0.56%	0.88%	0%	0%	—	—	—	11.3%	10.9%
Capex / operating cash flow	0%	0%	15.4%	4.79%	0%	0%	—	—	—	62%	53.8%
Payout ratio	-4.95%	-6.87%	0%	0%	—	—	—	—	—	—	0%
Dividend yield	—	—	0%	0%	—	—	—	—	—	—	—

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.1B	$1.2B	$1.1B	$1.1B	$1.1B	$1.2B	$1.1B	$1.1B	$1.1B	$1.2B	$1.1B	$1.1B
YoY change	-7.78%	+0.25%	-0.19%	-0.2%	-3.25%	-1.14%	-1.45%	-2.8%	+2.14%	+0.8%	-0.06%	+1.46%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	552.6M	529.9M	631M	1.2B	894.2M	956.7M	781M	988.6M	654.3M	783.9M
Receivables	531.6M	556.5M	607.3M	585.2M	558.6M	526.6M	603.3M	686.1M	704.3M	653.6M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	1.5B	1.4B	1.6B	2.1B	1.9B	2.1B	2.1B	2.4B	2.1B	2.2B
Property, plant & equipment	5.1B	5.6B	5.8B	6.1B	3.1B	2.5B	2.1B	2.3B	2.8B	2.4B
Goodwill & intangibles	16.4B	15.1B	13.7B	12.9B	14.4B	12.7B	11.4B	11.2B	10.4B	9.4B
Total assets	14.1B	13.6B	13.4B	14.9B	15.1B	15.4B	13.6B	13.6B	12.8B	12.2B
Accounts payable	219.4M	286.8M	297.4M	346.6M	425.3M	398M	525.1M	424.4M	441.9M	384.6M
Short-term debt	150.8M	263.3M	302.5M	180.2M	225.1M	188.3M	303.6M	666.2M	553.2M	503.8M
Total current liabilities	1.3B	1.6B	1.6B	1.6B	1.7B	1.5B	1.8B	2.1B	2B	2B
Long-term debt	5.9B	6.1B	6.4B	8.2B	8.2B	7.5B	7.7B	7.6B	7.6B	7.9B
Total liabilities	8.5B	8.9B	9.3B	11B	11.7B	12.5B	11B	11.3B	11.2B	11.2B
Shareholders' equity	5.7B	4.7B	4.1B	4B	3.3B	2.9B	2.6B	2.3B	1.6B	1.1B
Total debt	6B	6.4B	6.7B	8.4B	8.4B	7.6B	8B	8.3B	8.2B	8.4B
Net debt	5.5B	5.8B	6.1B	7.2B	7.5B	6.7B	7.2B	7.3B	7.5B	7.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	571.6M	988.6M	668.5M	598.6M	588.6M	654.3M	575.5M	514.4M	596.7M	783.9M	681.4M	714.1M
Receivables	648.1M	686.1M	707.8M	708.5M	705.5M	704.3M	679M	699.5M	708.3M	653.6M	667.7M	674.7M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	2B	2.4B	2.1B	2.1B	2.1B	2.1B	2.1B	2B	2.1B	2.2B	2.2B	2.3B
Property, plant & equipment	2.2B	2.3B	2.2B	2.1B	2.1B	2.8B	2.7B	2.6B	2.5B	2.4B	2.4B	2.4B
Goodwill & intangibles	11.3B	11.2B	11.2B	11.1B	10.5B	10.4B	10.4B	9.3B	9.4B	9.4B	9.4B	9.4B
Total assets	13.3B	13.6B	13.3B	13.2B	12.7B	12.8B	12.6B	12B	12B	12.2B	12.2B	12.2B
Accounts payable	404.5M	424.4M	365.8M	320.4M	286.7M	441.9M	330.9M	304.4M	268.2M	384.6M	316.8M	321.7M
Short-term debt	641.5M	666.2M	553.1M	587.2M	637.8M	553.2M	629.5M	649.4M	545.6M	503.8M	580.6M	518.4M
Total current liabilities	1.9B	2.1B	1.9B	1.9B	1.9B	2B	1.9B	1.9B	1.8B	2B	2B	1.9B
Long-term debt	7.4B	7.6B	7.6B	7.6B	7.6B	7.6B	7.6B	7.6B	7.8B	7.9B	7.9B	8B
Total liabilities	10.9B	11.3B	11B	11B	11B	11.2B	11.1B	10.8B	10.9B	11.2B	11.1B	11.2B
Shareholders' equity	2.4B	2.3B	2.3B	2.2B	1.8B	1.6B	1.5B	1.1B	1.2B	1.1B	1B	993.2M
Total debt	8B	8.3B	8.1B	8.2B	8.2B	8.2B	8.3B	8.3B	8.4B	8.4B	8.5B	8.5B
Net debt	7.4B	7.3B	7.5B	7.6B	7.7B	7.5B	7.7B	7.7B	7.8B	7.6B	7.8B	7.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-404M	-798.7M	-635.8M	-208.4M	-803.9M	-490.6M	-207.8M	-86.8M	-627.3M	-554.3M
Depreciation & amortization	587.3M	793.7M	829.8M	889.9M	918.7M	964.7M	910.7M	1B	968.3M	904.9M
Stock-based compensation	15.4M	14.2M	39.8M	57.5M	97.5M	118.1M	93.5M	88.7M	73M	54.4M
Change in working capital	-83.7M	118.3M	-66.2M	-13.2M	-134.1M	-48.5M	-85M	51.9M	295.6M	134.4M
Operating cash flow	200.2M	-20.1M	134.4M	707.9M	44.9M	721.5M	698.5M	1B	609M	805.9M
Capital expenditure	0	0	20.7M	33.9M	0	0	—	—	—	-500M
Investing cash flow	65.5M	-1.1M	-204.1M	-42.6M	-1.9B	-532.3M	-462.5M	-30.8M	-148.1M	-592.3M
Dividends paid	-20M	-54.9M	0	0	—	—	—	—	—	—
Share repurchases	-20M	—	0	0	-9.5M	-63M	-170.4M	-118.3M	-82.9M	0
Financing cash flow	238.6M	342.4M	256.1M	1.5B	271.1M	426.6M	-29.2M	-62.4M	-386.4M	-43.6M
Net change in cash	504.3M	321.2M	186.4M	2.2B	-1.6B	615.8M	206.8M	915.6M	74.5M	170M
Free cash flow	-22.2M	-66.1M	40.4M	329.1M	74.3M	279.9M	208.7M	312M	215.9M	305.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	15.9M	-28.4M	-16.2M	-10.6M
Depreciation & amortization	—	—	—	—	—	—	—	—	213.6M	245M	217.1M	226.1M
Stock-based compensation	24.1M	10.9M	27M	11.9M	12.4M	21.7M	28.3M	8.4M	9.9M	7.8M	24.8M	6.8M
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	24.1M	10.9M	27M	11.9M	12.4M	21.7M	28.3M	8.4M	178.2M	461.9M	42.2M	216.8M
Capital expenditure	—	—	—	—	—	—	—	—	-122.2M	-141.8M	-99.3M	-120.8M
Investing cash flow	—	—	—	—	—	—	—	—	-170.7M	-94.7M	-108.3M	-128.1M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	0	0	-14.3M	-12.1M
Financing cash flow	—	—	—	—	—	—	—	—	85.4M	-96.8M	-39.1M	-35.2M
Net change in cash	24.1M	10.9M	27M	11.9M	12.4M	21.7M	28.3M	8.4M	92.9M	270.4M	-105.2M	53.5M
Free cash flow	—	—	—	—	—	—	—	—	56M	320.1M	-57.1M	96M

Liberty Latin America Ltd. Class C Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement