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Side-by-side financial comparison of Liberty Media Corp (FWONA) and Roper Technologies (ROP). Click either name above to swap in a different company.

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.6B, roughly 1.3× Liberty Media Corp). Liberty Media Corp runs the higher net margin — 20.7% vs 15.8%, a 4.9% gap on every dollar of revenue. On growth, Liberty Media Corp posted the faster year-over-year revenue change (150.7% vs 11.3%). Roper Technologies produced more free cash flow last quarter ($507.0M vs $62.0M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% 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.

FWONA vs ROP — Head-to-Head

Bigger by revenue
ROP
ROP
1.3× larger
ROP
$2.1B
$1.6B
FWONA
Growing faster (revenue YoY)
FWONA
FWONA
+139.4% gap
FWONA
150.7%
11.3%
ROP
Higher net margin
FWONA
FWONA
4.9% more per $
FWONA
20.7%
15.8%
ROP
More free cash flow
ROP
ROP
$445.0M more FCF
ROP
$507.0M
$62.0M
FWONA
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
-23.5%
FWONA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FWONA
FWONA
ROP
ROP
Revenue
$1.6B
$2.1B
Net Profit
$333.0M
$331.0M
Gross Margin
69.4%
Operating Margin
14.0%
27.2%
Net Margin
20.7%
15.8%
Revenue YoY
150.7%
11.3%
Net Profit YoY
193.8%
842.6%
EPS (diluted)
$4.87

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
ROP
ROP
Q1 26
$2.1B
Q4 25
$1.6B
$2.1B
Q3 25
$1.1B
$2.0B
Q2 25
$1.3B
$1.9B
Q1 25
$447.0M
$1.9B
Q4 24
$-3.2B
$1.9B
Q3 24
$911.0M
$1.8B
Q2 24
$3.2B
$1.7B
Net Profit
FWONA
FWONA
ROP
ROP
Q1 26
$331.0M
Q4 25
$333.0M
$428.4M
Q3 25
$13.0M
$398.5M
Q2 25
$204.0M
$378.3M
Q1 25
$5.0M
$331.1M
Q4 24
$-355.0M
$462.3M
Q3 24
$-2.4B
$367.9M
Q2 24
$457.0M
$337.1M
Gross Margin
FWONA
FWONA
ROP
ROP
Q1 26
69.4%
Q4 25
69.5%
Q3 25
69.5%
Q2 25
69.2%
Q1 25
68.7%
Q4 24
68.3%
Q3 24
69.2%
Q2 24
69.5%
Operating Margin
FWONA
FWONA
ROP
ROP
Q1 26
27.2%
Q4 25
14.0%
28.6%
Q3 25
13.7%
28.4%
Q2 25
20.4%
28.2%
Q1 25
-15.9%
27.9%
Q4 24
28.0%
Q3 24
11.7%
28.1%
Q2 24
16.7%
28.8%
Net Margin
FWONA
FWONA
ROP
ROP
Q1 26
15.8%
Q4 25
20.7%
20.8%
Q3 25
1.2%
19.8%
Q2 25
15.2%
19.5%
Q1 25
1.1%
17.6%
Q4 24
11.2%
24.6%
Q3 24
-259.9%
20.8%
Q2 24
14.4%
19.6%
EPS (diluted)
FWONA
FWONA
ROP
ROP
Q1 26
$4.87
Q4 25
$3.97
Q3 25
$3.68
Q2 25
$3.49
Q1 25
$3.06
Q4 24
$4.29
Q3 24
$3.40
Q2 24
$3.12

Balance Sheet & Financial Strength

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

Metric
FWONA
FWONA
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$1.1B
$382.9M
Total DebtLower is stronger
$5.1B
$9.7B
Stockholders' EquityBook value
$7.8B
$18.8B
Total Assets
$15.4B
$34.6B
Debt / EquityLower = less leverage
0.66×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FWONA
FWONA
ROP
ROP
Q1 26
$382.9M
Q4 25
$1.1B
$297.4M
Q3 25
$1.6B
$320.0M
Q2 25
$3.4B
$242.4M
Q1 25
$3.1B
$372.8M
Q4 24
$3.0B
$188.2M
Q3 24
$3.1B
$269.6M
Q2 24
$2.1B
$251.5M
Total Debt
FWONA
FWONA
ROP
ROP
Q1 26
$9.7B
Q4 25
$5.1B
$9.3B
Q3 25
$7.0B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.5B
$7.6B
Q3 24
$4.4B
Q2 24
$15.0B
Stockholders' Equity
FWONA
FWONA
ROP
ROP
Q1 26
$18.8B
Q4 25
$7.8B
$19.9B
Q3 25
$7.4B
$20.0B
Q2 25
$7.3B
$19.6B
Q1 25
$7.0B
$19.2B
Q4 24
$7.0B
$18.9B
Q3 24
$7.4B
$18.5B
Q2 24
$17.1B
$18.1B
Total Assets
FWONA
FWONA
ROP
ROP
Q1 26
$34.6B
Q4 25
$15.4B
$34.6B
Q3 25
$17.8B
$34.6B
Q2 25
$13.8B
$33.2B
Q1 25
$13.3B
$31.4B
Q4 24
$12.9B
$31.3B
Q3 24
$13.2B
$31.6B
Q2 24
$42.6B
$29.8B
Debt / Equity
FWONA
FWONA
ROP
ROP
Q1 26
0.52×
Q4 25
0.66×
0.47×
Q3 25
0.95×
Q2 25
0.65×
Q1 25
0.65×
Q4 24
0.65×
0.40×
Q3 24
0.59×
Q2 24
0.88×

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
ROP
ROP
Operating Cash FlowLast quarter
$123.0M
Free Cash FlowOCF − Capex
$62.0M
$507.0M
FCF MarginFCF / Revenue
3.9%
24.2%
Capex IntensityCapex / Revenue
3.8%
0.5%
Cash ConversionOCF / Net Profit
0.37×
TTM Free Cash FlowTrailing 4 quarters
$789.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FWONA
FWONA
ROP
ROP
Q1 26
Q4 25
$123.0M
$738.0M
Q3 25
$173.0M
$869.5M
Q2 25
$231.0M
$404.1M
Q1 25
$381.0M
$528.7M
Q4 24
$-23.0M
$722.2M
Q3 24
$182.0M
$755.4M
Q2 24
$752.0M
$384.1M
Free Cash Flow
FWONA
FWONA
ROP
ROP
Q1 26
$507.0M
Q4 25
$62.0M
Q3 25
$170.0M
Q2 25
$209.0M
Q1 25
$348.0M
Q4 24
$-46.0M
Q3 24
$-153.0M
Q2 24
$566.0M
FCF Margin
FWONA
FWONA
ROP
ROP
Q1 26
24.2%
Q4 25
3.9%
Q3 25
15.7%
Q2 25
15.6%
Q1 25
77.9%
Q4 24
1.4%
Q3 24
-16.8%
Q2 24
17.9%
Capex Intensity
FWONA
FWONA
ROP
ROP
Q1 26
0.5%
Q4 25
3.8%
Q3 25
0.3%
Q2 25
1.6%
Q1 25
7.4%
Q4 24
-0.7%
Q3 24
36.8%
Q2 24
5.9%
Cash Conversion
FWONA
FWONA
ROP
ROP
Q1 26
Q4 25
0.37×
1.72×
Q3 25
13.31×
2.18×
Q2 25
1.13×
1.07×
Q1 25
76.20×
1.60×
Q4 24
1.56×
Q3 24
2.05×
Q2 24
1.65×
1.14×

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%

ROP
ROP

Segment breakdown not available.

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