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Side-by-side financial comparison of Liberty Media Corp (FWONA) and MSC INDUSTRIAL DIRECT CO INC (MSM). Click either name above to swap in a different company.

Liberty Media Corp is the larger business by last-quarter revenue ($1.6B vs $965.7M, roughly 1.7× MSC INDUSTRIAL DIRECT CO INC). Liberty Media Corp runs the higher net margin — 20.7% vs 5.4%, a 15.3% gap on every dollar of revenue. On growth, Liberty Media Corp posted the faster year-over-year revenue change (150.7% vs 4.0%). Liberty Media Corp produced more free cash flow last quarter ($62.0M vs $7.4M). Over the past eight quarters, MSC INDUSTRIAL DIRECT CO INC's revenue compounded faster (-3.4% CAGR vs -23.5%).

Liberty Media Corporation is an American mass media company founded by John C. Malone in 1991. The company has two divisions, represented by separate tracking stocks, reflecting its ownership stakes in the Formula One Group and Live Nation Entertainment. As of 2025, Liberty Media owned three global motorsport businesses in the form of Formula One, MotoGP and World Superbikes.

MSC Industrial Direct Co., Inc (MSC), through its subsidiaries, primarily MSC Industrial Supply Co., is one of the largest industrial equipment distributors in the United States, distributing more than 1.5 million metalworking and other industrial products.

FWONA vs MSM — Head-to-Head

Bigger by revenue
FWONA
FWONA
1.7× larger
FWONA
$1.6B
$965.7M
MSM
Growing faster (revenue YoY)
FWONA
FWONA
+146.7% gap
FWONA
150.7%
4.0%
MSM
Higher net margin
FWONA
FWONA
15.3% more per $
FWONA
20.7%
5.4%
MSM
More free cash flow
FWONA
FWONA
$54.6M more FCF
FWONA
$62.0M
$7.4M
MSM
Faster 2-yr revenue CAGR
MSM
MSM
Annualised
MSM
-3.4%
-23.5%
FWONA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FWONA
FWONA
MSM
MSM
Revenue
$1.6B
$965.7M
Net Profit
$333.0M
$51.8M
Gross Margin
40.7%
Operating Margin
14.0%
7.9%
Net Margin
20.7%
5.4%
Revenue YoY
150.7%
4.0%
Net Profit YoY
193.8%
11.1%
EPS (diluted)
$0.93

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FWONA
FWONA
MSM
MSM
Q4 25
$1.6B
$965.7M
Q3 25
$1.1B
$978.2M
Q2 25
$1.3B
$971.1M
Q1 25
$447.0M
Q4 24
$-3.2B
$928.5M
Q3 24
$911.0M
Q2 24
$3.2B
$979.4M
Q1 24
$2.7B
$935.3M
Net Profit
FWONA
FWONA
MSM
MSM
Q4 25
$333.0M
$51.8M
Q3 25
$13.0M
$56.5M
Q2 25
$204.0M
$56.8M
Q1 25
$5.0M
Q4 24
$-355.0M
$46.6M
Q3 24
$-2.4B
Q2 24
$457.0M
$71.7M
Q1 24
$203.0M
$61.8M
Gross Margin
FWONA
FWONA
MSM
MSM
Q4 25
40.7%
Q3 25
40.4%
Q2 25
41.0%
Q1 25
Q4 24
40.7%
Q3 24
Q2 24
40.9%
Q1 24
41.5%
Operating Margin
FWONA
FWONA
MSM
MSM
Q4 25
14.0%
7.9%
Q3 25
13.7%
8.6%
Q2 25
20.4%
8.5%
Q1 25
-15.9%
Q4 24
7.8%
Q3 24
11.7%
Q2 24
16.7%
10.9%
Q1 24
18.3%
9.7%
Net Margin
FWONA
FWONA
MSM
MSM
Q4 25
20.7%
5.4%
Q3 25
1.2%
5.8%
Q2 25
15.2%
5.9%
Q1 25
1.1%
Q4 24
11.2%
5.0%
Q3 24
-259.9%
Q2 24
14.4%
7.3%
Q1 24
7.4%
6.6%
EPS (diluted)
FWONA
FWONA
MSM
MSM
Q4 25
$0.93
Q3 25
$1.02
Q2 25
$1.02
Q1 25
Q4 24
$0.83
Q3 24
Q2 24
$1.27
Q1 24
$1.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FWONA
FWONA
MSM
MSM
Cash + ST InvestmentsLiquidity on hand
$1.1B
$40.3M
Total DebtLower is stronger
$5.1B
$214.1M
Stockholders' EquityBook value
$7.8B
$1.4B
Total Assets
$15.4B
$2.5B
Debt / EquityLower = less leverage
0.66×
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FWONA
FWONA
MSM
MSM
Q4 25
$1.1B
$40.3M
Q3 25
$1.6B
$56.2M
Q2 25
$3.4B
$71.7M
Q1 25
$3.1B
Q4 24
$3.0B
$57.3M
Q3 24
$3.1B
Q2 24
$2.1B
$25.9M
Q1 24
$1.7B
$22.2M
Total Debt
FWONA
FWONA
MSM
MSM
Q4 25
$5.1B
$214.1M
Q3 25
$7.0B
$168.8M
Q2 25
$4.8B
$285.0M
Q1 25
$4.6B
Q4 24
$4.5B
$289.9M
Q3 24
$4.4B
Q2 24
$15.0B
$299.8M
Q1 24
$15.4B
$294.5M
Stockholders' Equity
FWONA
FWONA
MSM
MSM
Q4 25
$7.8B
$1.4B
Q3 25
$7.4B
$1.4B
Q2 25
$7.3B
$1.4B
Q1 25
$7.0B
Q4 24
$7.0B
$1.4B
Q3 24
$7.4B
Q2 24
$17.1B
$1.4B
Q1 24
$16.6B
$1.4B
Total Assets
FWONA
FWONA
MSM
MSM
Q4 25
$15.4B
$2.5B
Q3 25
$17.8B
$2.5B
Q2 25
$13.8B
$2.5B
Q1 25
$13.3B
Q4 24
$12.9B
$2.5B
Q3 24
$13.2B
Q2 24
$42.6B
$2.5B
Q1 24
$42.4B
$2.5B
Debt / Equity
FWONA
FWONA
MSM
MSM
Q4 25
0.66×
0.16×
Q3 25
0.95×
0.12×
Q2 25
0.65×
0.21×
Q1 25
0.65×
Q4 24
0.65×
0.21×
Q3 24
0.59×
Q2 24
0.88×
0.21×
Q1 24
0.93×
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FWONA
FWONA
MSM
MSM
Operating Cash FlowLast quarter
$123.0M
$29.4M
Free Cash FlowOCF − Capex
$62.0M
$7.4M
FCF MarginFCF / Revenue
3.9%
0.8%
Capex IntensityCapex / Revenue
3.8%
2.3%
Cash ConversionOCF / Net Profit
0.37×
0.57×
TTM Free Cash FlowTrailing 4 quarters
$789.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FWONA
FWONA
MSM
MSM
Q4 25
$123.0M
$29.4M
Q3 25
$173.0M
Q2 25
$231.0M
$151.6M
Q1 25
$381.0M
Q4 24
$-23.0M
$101.9M
Q3 24
$182.0M
Q2 24
$752.0M
$143.5M
Q1 24
$395.0M
$78.7M
Free Cash Flow
FWONA
FWONA
MSM
MSM
Q4 25
$62.0M
$7.4M
Q3 25
$170.0M
Q2 25
$209.0M
$100.7M
Q1 25
$348.0M
Q4 24
$-46.0M
$81.7M
Q3 24
$-153.0M
Q2 24
$566.0M
$114.0M
Q1 24
$194.0M
$53.4M
FCF Margin
FWONA
FWONA
MSM
MSM
Q4 25
3.9%
0.8%
Q3 25
15.7%
Q2 25
15.6%
10.4%
Q1 25
77.9%
Q4 24
1.4%
8.8%
Q3 24
-16.8%
Q2 24
17.9%
11.6%
Q1 24
7.1%
5.7%
Capex Intensity
FWONA
FWONA
MSM
MSM
Q4 25
3.8%
2.3%
Q3 25
0.3%
Q2 25
1.6%
5.2%
Q1 25
7.4%
Q4 24
-0.7%
2.2%
Q3 24
36.8%
Q2 24
5.9%
3.0%
Q1 24
7.3%
2.7%
Cash Conversion
FWONA
FWONA
MSM
MSM
Q4 25
0.37×
0.57×
Q3 25
13.31×
Q2 25
1.13×
2.67×
Q1 25
76.20×
Q4 24
2.18×
Q3 24
Q2 24
1.65×
2.00×
Q1 24
1.95×
1.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FWONA
FWONA

Formula One$1.4B87%
Product Service Or Other$131.0M8%
Other$77.0M5%

MSM
MSM

Segment breakdown not available.

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