LBTYA Liberty Global margins

?
Relative Growth: Rel. Growth: 27
Relative Strength: Rel. Strength: 22
Relative Valuation: Rel. Valuation: 32
Relative Profitability: Rel. Profitability: 35
Gross margin
67.2%
Operating margin
-1.8%
EBITDA margin
-26.4%
Net margin
-62.1%

Liberty Global reports a gross margin of 67.2%, an operating margin of -1.8%, an EBITDA margin of -26.4%, and a net margin of -62.1%, but its operating margin is negative at -1.8%, its EBITDA margin is negative at -26.4%, and its net margin is negative at -62.1%. EBITDA margin expanded the most, by 16.1 percentage points, while operating margin contracted the most, by 3.4 percentage points.

LBTYA margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Liberty Global's margins averaged 66.5% gross, -4.6% operating, -45.17% EBITDA, and -81.73% net. All four current margins are above their three-year averages.

LBTYA margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in EBITDA margin, which increased by 16.1 percentage points, and gross margin also expanded by 1.5 percentage points and net margin also expanded by 9.6 percentage points, but operating margin contracted by 3.4 percentage points.

Gross margin expansion
1.5pp
Operating margin expansion
-3.4pp
EBITDA margin expansion
16.1pp
Net margin expansion
9.6pp

LBTYA Gross margin

Liberty Global's gross margin averaged 66.5% in the last 3 years. Right now, Liberty Global's current gross margin is 67.2%, which is 0.7 percentage points above its three-year average. Over the last 3 years, Liberty Global's gross margin peaked at 68.8% in Dec 2023 and reached a low of 65.2% in Sep 2025.

LBTYA Operating margin

Across the last 3 years, Liberty Global recorded an average operating margin of -4.6%. Liberty Global currently reports an operating margin of -1.8%, 2.8 percentage points above its three-year average. The highest operating margin for Liberty Global was 1.6% in Jun 2025, while the lowest was -16.2% in Sep 2024.

LBTYA EBITDA margin

Across the last 3 years, Liberty Global's EBITDA margin stood at -45.17%. The current EBITDA margin stands at -26.4%, 18.8 percentage points above its three-year average. EBITDA margin was highest at 72.2% in Dec 2024 and lowest at -197% in Sep 2024.

LBTYA Net margin

Liberty Global recorded an average net margin of -81.73% across the last 3 years. Liberty Global currently reports a net margin of -62.1%, 19.6 percentage points above its three-year average. The net margin for Liberty Global moved between -235.1% in Sep 2024 and 36.6% in Dec 2024.

LBTYA margin group comparison

Margins compared with peer-group, industry and sector averages

Liberty Global's gross margin of 67.2% is higher than the Communication Services sector and the industry average. Looking at the Communication Services sector average of 49.6%, Liberty Global's gross margin is 35% higher.

LBTYA margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Liberty Global's gross margin?

The current gross margin for LBTYA is 67.2% as of Jun 30, 2026.

What is Liberty Global's operating margin?

The current operating margin for LBTYA is -1.8% as of Jun 30, 2026.

What is Liberty Global's EBITDA margin?

For the period ending Jun 30, 2026, LBTYA recorded an EBITDA margin of -26.4%.

What is Liberty Global's net margin?

The current net margin for LBTYA is -62.1% as of Jun 30, 2026.

What are the average margins of LBTYA?

Liberty Global's average margins over the last 3 years were 66.5% gross, -4.6% operating, -45.2% EBITDA, and -81.7% net.

What are the highest historical margins of LBTYA?

Across the 5-year period, LBTYA posted its highest margins at 88.3% gross in Sep 2022, 12.8% operating in Dec 2021, 190% EBITDA in Mar 2022, and 151% net in Mar 2022.

What are the lowest historical margins of LBTYA?

Over this 5-year history, Liberty Global's margins fell as low as 65.2% gross in Sep 2025, -16.2% operating in Sep 2024, -197% EBITDA in Sep 2024, and -235.1% net in Sep 2024.