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Side-by-side financial comparison of Liberty Global Ltd. (LBTYA) and Ryman Hospitality Properties, Inc. (RHP). Click either name above to swap in a different company.

Liberty Global Ltd. is the larger business by last-quarter revenue ($2.4B vs $664.6M, roughly 3.6× Ryman Hospitality Properties, Inc.). Liberty Global Ltd. runs the higher net margin — 15.0% vs 10.4%, a 4.5% gap on every dollar of revenue. On growth, Ryman Hospitality Properties, Inc. posted the faster year-over-year revenue change (13.2% vs -3.6%). Over the past eight quarters, Liberty Global Ltd.'s revenue compounded faster (12.9% CAGR vs 4.1%).

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

LBTYA vs RHP — Head-to-Head

Bigger by revenue
LBTYA
LBTYA
3.6× larger
LBTYA
$2.4B
$664.6M
RHP
Growing faster (revenue YoY)
RHP
RHP
+16.8% gap
RHP
13.2%
-3.6%
LBTYA
Higher net margin
LBTYA
LBTYA
4.5% more per $
LBTYA
15.0%
10.4%
RHP
Faster 2-yr revenue CAGR
LBTYA
LBTYA
Annualised
LBTYA
12.9%
4.1%
RHP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LBTYA
LBTYA
RHP
RHP
Revenue
$2.4B
$664.6M
Net Profit
$358.2M
$69.4M
Gross Margin
Operating Margin
1.0%
20.7%
Net Margin
15.0%
10.4%
Revenue YoY
-3.6%
13.2%
Net Profit YoY
127.1%
10.1%
EPS (diluted)
$1.03

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
LBTYA
LBTYA
RHP
RHP
Q1 26
$2.4B
$664.6M
Q4 25
$1.2B
$737.8M
Q3 25
$1.2B
$592.5M
Q2 25
$1.3B
$659.5M
Q1 25
$1.2B
$587.3M
Q4 24
$-1.4B
$647.6M
Q3 24
$1.9B
$550.0M
Q2 24
$1.9B
$613.3M
Net Profit
LBTYA
LBTYA
RHP
RHP
Q1 26
$358.2M
$69.4M
Q4 25
$-2.9B
$74.5M
Q3 25
$-90.7M
$34.9M
Q2 25
$-2.8B
$71.8M
Q1 25
$-1.3B
$63.0M
Q4 24
$2.2B
$72.3M
Q3 24
$-1.4B
$59.0M
Q2 24
$268.1M
$100.8M
Gross Margin
LBTYA
LBTYA
RHP
RHP
Q1 26
Q4 25
66.8%
41.4%
Q3 25
67.5%
40.9%
Q2 25
63.3%
49.7%
Q1 25
65.6%
44.4%
Q4 24
40.4%
Q3 24
69.4%
43.1%
Q2 24
68.5%
48.4%
Operating Margin
LBTYA
LBTYA
RHP
RHP
Q1 26
1.0%
20.7%
Q4 25
-8.6%
19.4%
Q3 25
-0.7%
15.0%
Q2 25
2.3%
21.1%
Q1 25
5.2%
19.8%
Q4 24
18.6%
Q3 24
5.2%
19.3%
Q2 24
1.0%
27.4%
Net Margin
LBTYA
LBTYA
RHP
RHP
Q1 26
15.0%
10.4%
Q4 25
-237.0%
10.1%
Q3 25
-7.5%
5.9%
Q2 25
-220.1%
10.9%
Q1 25
-114.2%
10.7%
Q4 24
-158.9%
11.2%
Q3 24
-74.1%
10.7%
Q2 24
14.3%
16.4%
EPS (diluted)
LBTYA
LBTYA
RHP
RHP
Q1 26
$1.03
Q4 25
$-8.66
$1.12
Q3 25
$-0.27
$0.53
Q2 25
$-8.09
$1.12
Q1 25
$-3.84
$1.00
Q4 24
$6.15
$1.12
Q3 24
$-3.95
$0.94
Q2 24
$0.71
$1.65

Balance Sheet & Financial Strength

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

Metric
LBTYA
LBTYA
RHP
RHP
Cash + ST InvestmentsLiquidity on hand
$-387.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$770.8M
Total Assets
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBTYA
LBTYA
RHP
RHP
Q1 26
$-387.3M
Q4 25
$2.2B
$471.4M
Q3 25
$1.7B
$483.3M
Q2 25
$3.1B
$420.6M
Q1 25
$2.0B
$413.9M
Q4 24
$2.2B
$477.7M
Q3 24
$3.3B
$534.9M
Q2 24
$3.2B
$498.4M
Total Debt
LBTYA
LBTYA
RHP
RHP
Q1 26
Q4 25
$7.8B
Q3 25
$7.8B
Q2 25
$7.8B
Q1 25
$8.2B
Q4 24
$8.2B
Q3 24
$14.9B
Q2 24
$14.7B
Stockholders' Equity
LBTYA
LBTYA
RHP
RHP
Q1 26
$770.8M
Q4 25
$9.7B
$750.2M
Q3 25
$12.7B
$758.5M
Q2 25
$13.0B
$800.4M
Q1 25
$12.6B
$531.5M
Q4 24
$12.4B
$549.0M
Q3 24
$18.7B
$551.9M
Q2 24
$18.3B
$562.6M
Total Assets
LBTYA
LBTYA
RHP
RHP
Q1 26
$6.2B
Q4 25
$22.6B
$6.2B
Q3 25
$25.4B
$6.2B
Q2 25
$27.2B
$6.1B
Q1 25
$26.0B
$5.2B
Q4 24
$25.4B
$5.2B
Q3 24
$41.8B
$5.2B
Q2 24
$40.8B
$5.1B
Debt / Equity
LBTYA
LBTYA
RHP
RHP
Q1 26
Q4 25
0.80×
Q3 25
0.61×
Q2 25
0.60×
Q1 25
0.65×
Q4 24
0.66×
Q3 24
0.80×
Q2 24
0.80×

Cash Flow & Capital Efficiency

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

Metric
LBTYA
LBTYA
RHP
RHP
Operating Cash FlowLast quarter
$107.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.30×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBTYA
LBTYA
RHP
RHP
Q1 26
$107.6M
Q4 25
$630.9M
$164.7M
Q3 25
$301.8M
$205.2M
Q2 25
$149.2M
$122.5M
Q1 25
$129.2M
$98.2M
Q4 24
$791.6M
$166.6M
Q3 24
$449.5M
$218.1M
Q2 24
$546.1M
$184.3M
Free Cash Flow
LBTYA
LBTYA
RHP
RHP
Q1 26
Q4 25
$193.3M
$58.5M
Q3 25
$-41.1M
$135.4M
Q2 25
$-170.1M
$53.0M
Q1 25
$-114.1M
$-14.5M
Q4 24
$712.9M
$76.0M
Q3 24
$102.4M
$85.7M
Q2 24
$256.8M
$78.8M
FCF Margin
LBTYA
LBTYA
RHP
RHP
Q1 26
Q4 25
15.7%
7.9%
Q3 25
-3.4%
22.9%
Q2 25
-13.4%
8.0%
Q1 25
-9.7%
-2.5%
Q4 24
-50.5%
11.7%
Q3 24
5.3%
15.6%
Q2 24
13.7%
12.9%
Capex Intensity
LBTYA
LBTYA
RHP
RHP
Q1 26
1.5%
Q4 25
35.5%
14.4%
Q3 25
28.4%
11.8%
Q2 25
25.2%
10.5%
Q1 25
20.8%
19.2%
Q4 24
-5.6%
14.0%
Q3 24
17.9%
24.1%
Q2 24
15.4%
17.2%
Cash Conversion
LBTYA
LBTYA
RHP
RHP
Q1 26
0.30×
Q4 25
2.21×
Q3 25
5.88×
Q2 25
1.71×
Q1 25
1.56×
Q4 24
0.35×
2.30×
Q3 24
3.70×
Q2 24
2.04×
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LBTYA
LBTYA

Mobile Service$775.2M32%
Fixed Service$772.0M32%
Business$308.7M13%
Wholesale$256.9M11%
Business Service$233.2M10%

RHP
RHP

Food and beverage$289.3M44%
Rooms$223.8M34%
Entertainment$79.2M12%
Other$72.3M11%

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