Liberty Broadband (Series A) (LBRDA)
Communication Services · Broadband and pay-television holding company
Liberty Broadband is a publicly traded holding company primarily invested in Charter Communications, with a pending merger agreement to combine with Charter.
What Liberty Broadband (Series A) does
Liberty Broadband Corporation is primarily a holding company with an equity method investment in Charter Communications, controlling 25.01% of Charter's aggregate voting power. The company generates substantially all of its earnings from its Charter investment and related gains/losses. In July 2025, Liberty Broadband completed the divestiture of GCI (a telecommunications and media business previously acquired from GCI Liberty) and is in the process of merging with Charter under a definitive agreement entered into in November 2024, with each Liberty Broadband share to convert into 0.236 Charter Class A shares.
Themes: ["cable and broadband infrastructure","video and content delivery","charter communications investment","telecommunications"]
Fundamentals
- Price$31.55 as of 2026-07-09 close
- Market cap$4.5B as of 2026-07-10
- 1-year return-65.4% as of 2026-07-09 close
- P/E5.17 as of 2026-07-10
- Net margin+103.0% as of 2026-07-10
- Gross margin+99.6% as of 2026-07-10
- ROE-30.6% as of 2026-07-10
- Debt / equity0.47 as of 2026-07-10
- Revenue growth (YoY)+7.2% as of 2026-07-10
- Revenue CAGR (3y)+0.9% SEC XBRL
- Beta0.64 as of 2026-07-10
Key risks (from latest filing)
["Pending merger with Charter, with regulatory approval required and significant integration risks; merger expected to complete under defined terms (0.236 Charter shares per Liberty Broadband share)","Heavy dependence on Charter's financial performance and strategic direction, given the company's composition as primarily a holding company with a 25.01% voting stake","Tax liabilities and indemnification obligations related to prior GCI divestiture and historical tax sharing agreements with Liberty Media and QVC Group"]
Competitors & peers
- Charter Communications (CCS)
- Comcast (CMCSA)
- Cox Communications
- Dish Network (DISH)
- Verizon (VZ)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.