NASDAQ : GLIBK
GCI Liberty, Inc. — Financial statements
Communication Services · Telecom Services · United States
Last price 21.61 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 861.74M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
GCI Liberty, Inc. (GLIBK) reported revenue of 1.04B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.04B | 1.05B | 1.02B | 981.00M | 969.00M | 970.00M |
| Cost of Revenue | 532.00M | 516.00M | 532.00M | 639.00M | 250.00M | 272.00M |
| Gross Profit | 504.00M | 530.00M | 484.00M | 342.00M | 719.00M | 698.00M |
| Selling, General & Admin | 154.00M | 140.00M | 137.00M | 381.00M | 366.00M | |
| Operating Expenses | 369.00M | 352.00M | 344.00M | 230.00M | 643.00M | 633.00M |
| Operating Income | 135.00M | 178.00M | 140.00M | 112.00M | 76.00M | 65.00M |
| Interest Expense | -43.00M | -45.00M | -49.00M | -51.00M | -42.00M | -44.00M |
| Other Non Operating Income (Expenses) | 13.00M | 6.00M | 6.00M | 4.00M | 4.00M | -243.00M |
| EBT Excluding Unusual Items | 105.00M | 139.00M | 97.00M | 65.00M | 38.00M | -222.00M |
| Impairment of Goodwill | -108.00M | -108.00M | ||||
| Asset Writedown | -417.00M | -417.00M | ||||
| Legal Settlements | -29.00M | |||||
| Pretax Income | -427.00M | -386.00M | 97.00M | 65.00M | 9.00M | -222.00M |
| Income Tax Expense | -90.00M | -77.00M | 27.00M | 24.00M | 8.00M | -36.00M |
| Earnings From Continuing Operations | -337.00M | -309.00M | 70.00M | 41.00M | 1.00M | -186.00M |
| Net Income to Company | -337.00M | -309.00M | 70.00M | 41.00M | 1.00M | -186.00M |
| Net Income | -337.00M | -309.00M | 70.00M | 41.00M | 1.00M | -186.00M |
| Net Income to Common | -337.00M | -309.00M | 70.00M | 41.00M | 1.00M | -186.00M |
| Shares Outstanding (Basic) | 35.49M | 30.99M | 30.97M | |||
| Shares Outstanding (Diluted) | 35.49M | 30.99M | 30.97M | |||
| EPS (Basic) | -9.49 | -9.97 | 2.26 | |||
| EPS (Diluted) | -9.49 | -9.97 | 2.26 | |||
| Free Cash Flow | 49.00M | 122.00M | 31.00M | 54.00M | 152.00M | 301.00M |
| Free Cash Flow Per Share | 1.38 | 3.94 | 1.00 | |||
| Gross Margin | 48.65% | 50.67% | 47.64% | 34.86% | 74.20% | 71.96% |
| Operating Margin | 13.03% | 17.02% | 13.78% | 11.42% | 7.84% | 6.70% |
| Profit Margin | -32.53% | -29.54% | 6.89% | 4.18% | 0.10% | -19.18% |
| Free Cash Flow Margin | 4.73% | 11.66% | 3.05% | 5.50% | 15.69% | 31.03% |
| EBITDA | 350.00M | 390.00M | 347.00M | 342.00M | 338.00M | 332.00M |
| EBITDA Margin | 33.78% | 37.29% | 34.15% | 34.86% | 34.88% | 34.23% |
| D&A For EBITDA | 215.00M | 212.00M | 207.00M | 230.00M | 262.00M | 267.00M |
| EBIT | 135.00M | 178.00M | 140.00M | 112.00M | 76.00M | 65.00M |
| EBIT Margin | 13.03% | 17.02% | 13.78% | 11.42% | 7.84% | 6.70% |
| Effective Tax Rate | 27.83% | 36.92% | 88.89% | |||
| Advertising Expenses | 7.00M | 7.00M | 4.00M | 5.00M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 497.00M | 416.00M | 74.00M | 79.00M | 85.00M | 34.00M |
| Cash & Short-Term Investments | 497.00M | 416.00M | 74.00M | 79.00M | 85.00M | 34.00M |
| Accounts Receivable | 131.00M | 89.00M | 184.00M | 169.00M | 178.00M | 204.00M |
| Other Receivables | 52.00M | |||||
| Receivables | 131.00M | 141.00M | 184.00M | 169.00M | 178.00M | 204.00M |
| Prepaid Expenses | 54.00M | 50.00M | 61.00M | 50.00M | 47.00M | 44.00M |
| Restricted Cash | 6.00M | 8.00M | 16.00M | 24.00M | 15.00M | |
| Total Current Assets | 688.00M | 615.00M | 319.00M | 314.00M | 334.00M | 297.00M |
| Property, Plant & Equipment | 1.31B | 1.33B | 1.26B | 1.16B | 1.12B | 1.18B |
| Goodwill | 648.00M | 638.00M | 746.00M | 746.00M | 746.00M | 746.00M |
| Other Intangible Assets | 529.00M | 546.00M | 1.00B | 1.05B | 1.10B | 1.16B |
| Long-Term Deferred Tax Assets | 21.00M | 31.00M | ||||
| Other Long-Term Assets | 320.00M | 76.00M | 56.00M | 62.00M | 61.00M | 56.00M |
| Total Assets | 3.52B | 3.23B | 3.38B | 3.33B | 3.37B | 3.44B |
| Accounts Payable | 127.00M | 123.00M | 110.00M | 82.00M | 90.00M | 93.00M |
| Current Portion of Long-Term Debt | 7.00M | 4.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Current Portion of Leases | 46.00M | 38.00M | 49.00M | 46.00M | 46.00M | 50.00M |
| Current Unearned Revenue | 24.00M | 23.00M | 21.00M | 30.00M | 20.00M | 20.00M |
| Other Current Liabilities | 8.00M | 9.00M | 9.00M | 50.00M | 20.00M | |
| Total Current Liabilities | 204.00M | 196.00M | 192.00M | 170.00M | 209.00M | 186.00M |
| Long-Term Debt | 1.20B | 979.00M | 1.07B | 1.02B | 1.02B | 1.03B |
| Long-Term Leases | 61.00M | 102.00M | 132.00M | 139.00M | 151.00M | 191.00M |
| Long-Term Unearned Revenue | 131.00M | 130.00M | 113.00M | 65.00M | 76.00M | 40.00M |
| Long-Term Deferred Tax Liabilities | 359.00M | 349.00M | 327.00M | 320.00M | ||
| Other Long-Term Liabilities | 170.00M | 121.00M | 91.00M | 87.00M | 73.00M | 79.00M |
| Total Liabilities | 1.77B | 1.53B | 1.95B | 1.83B | 1.86B | 1.85B |
| Common Stock | 1.78B | 1.77B | 1.75B | 1.73B | ||
| Additional Paid-In Capital | 2.37B | 2.36B | ||||
| Retained Earnings | -638.00M | -672.00M | -363.00M | -283.00M | -260.00M | -151.00M |
| Total Common Equity | 1.74B | 1.69B | 1.41B | 1.48B | 1.49B | 1.58B |
| Minority Interest | 18.00M | 18.00M | 15.00M | 20.00M | 18.00M | 12.00M |
| Shareholders' Equity | 1.75B | 1.71B | 1.43B | 1.50B | 1.51B | 1.59B |
| Total Liabilities & Equity | 3.52B | 3.23B | 3.38B | 3.33B | 3.37B | 3.44B |
| Total Debt | 1.31B | 1.12B | 1.25B | 1.21B | 1.23B | 1.28B |
| Net Cash (Debt) | -817.00M | -707.00M | -1.18B | -1.13B | -1.14B | -1.24B |
| Net Cash Per Share | -23.02 | -22.81 | -37.97 | |||
| Filing Date Shares Outstanding | 39.90M | 39.81M | 36.80M | |||
| Total Common Shares Outstanding | 39.90M | 39.80M | 36.80M | |||
| Working Capital | 484.00M | 419.00M | 127.00M | 144.00M | 125.00M | 111.00M |
| Book Value Per Share | 43.48 | 42.41 | 38.43 | |||
| Tangible Book Value | 558.00M | 504.00M | -334.00M | -314.00M | -359.00M | -323.00M |
| Tangible Book Value Per Share | 13.98 | 12.66 | -9.08 | |||
| Land | 12.00M | 13.00M | 16.00M | 16.00M | 16.00M | |
| Buildings | 118.00M | 114.00M | 108.00M | 105.00M | 98.00M | |
| Machinery | 1.54B | 1.31B | 1.19B | 1.10B | 964.00M | |
| Construction In Progress | 306.00M | 302.00M | 197.00M | 126.00M | 108.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -337.00M | -309.00M | 70.00M | 41.00M | 1.00M | -186.00M |
| Depreciation & Amortization | 265.00M | 262.00M | 259.00M | 230.00M | 262.00M | 267.00M |
| Asset Writedown & Restructuring Costs | 525.00M | 525.00M | ||||
| Stock-Based Compensation | 21.00M | 13.00M | 13.00M | 19.00M | 20.00M | 22.00M |
| Other Operating Activities | -78.00M | -98.00M | 6.00M | 18.00M | 32.00M | 206.00M |
| Change in Accounts Receivable | -3.00M | 38.00M | -14.00M | |||
| Change in Accounts Payable | 7.00M | -88.00M | -53.00M | -56.00M | ||
| Change in Other Net Operating Assets | -76.00M | -61.00M | -56.00M | 56.00M | 71.00M | 182.00M |
| Operating Cash Flow | 308.00M | 370.00M | 278.00M | 276.00M | 333.00M | 435.00M |
| Capital Expenditures | -259.00M | -248.00M | -247.00M | -222.00M | -181.00M | -134.00M |
| Cash Acquisitions | -11.00M | |||||
| Other Investing Activities | 10.00M | 30.00M | 54.00M | 8.00M | 31.00M | 17.00M |
| Investing Cash Flow | -420.00M | -218.00M | -193.00M | -214.00M | -150.00M | -117.00M |
| Long-Term Debt Issued | 691.00M | 155.00M | 25.00M | 400.00M | ||
| Long-Term Debt Repaid | -779.00M | -107.00M | -6.00M | -31.00M | -709.00M | |
| Net Debt Issued (Repaid) | 216.00M | -88.00M | 48.00M | -6.00M | -6.00M | -309.00M |
| Issuance of Common Stock | 299.00M | 299.00M | ||||
| Common Dividends Paid | -150.00M | -65.00M | -110.00M | -11.00M | ||
| Other Financing Activities | -10.00M | -9.00M | -5.00M | -5.00M | -6.00M | -10.00M |
| Financing Cash Flow | 505.00M | 202.00M | -107.00M | -76.00M | -122.00M | -330.00M |
| Net Cash Flow | 393.00M | 354.00M | -22.00M | -14.00M | 61.00M | -12.00M |
| Free Cash Flow | 49.00M | 122.00M | 31.00M | 54.00M | 152.00M | 301.00M |
| Free Cash Flow Margin | 4.73% | 11.66% | 3.05% | 5.50% | 15.69% | 31.03% |
| Free Cash Flow Per Share | 1.38 | 3.94 | 1.00 | |||
| Levered Free Cash Flow | 94.50M | 170.12M | 90.88M | 40.12M | 163.25M | 308.12M |
| Unlevered Free Cash Flow | 121.38M | 198.25M | 121.50M | 72.00M | 189.50M | 335.62M |
| Cash Interest Paid | 51.00M | 51.00M | 56.00M | 56.00M | ||
| Cash Income Tax Paid | 109.00M | 109.00M | 24.00M | 3.00M | ||
| Change in Working Capital | -88.00M | -23.00M | -70.00M | -32.00M | 18.00M | 126.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 934.24M | 1.07B | ||||
| Enterprise Value | 1.77B | 2.07B | ||||
| Last Close Price | 22.70 | 37.21 | ||||
| PS Ratio | 0.87 | 1.02 | ||||
| PB Ratio | 0.52 | 0.62 | ||||
| P/TBV Ratio | 1.62 | 2.12 | ||||
| P/FCF Ratio | 18.46 | 8.74 | ||||
| P/OCF Ratio | 2.94 | 2.88 | ||||
| EV/Sales Ratio | 1.68 | 1.98 | ||||
| EV/EBITDA Ratio | 4.97 | 5.32 | ||||
| EV/EBIT Ratio | 12.88 | 11.65 | ||||
| EV/FCF Ratio | 35.50 | 17.00 | ||||
| Debt / Equity Ratio | 0.75 | 0.66 | 0.88 | 0.80 | 0.81 | 0.80 |
| Debt / EBITDA Ratio | 3.22 | 2.50 | 3.06 | 2.99 | 3.09 | 3.26 |
| Debt / FCF Ratio | 26.82 | 9.21 | 40.32 | 22.33 | 8.06 | 4.24 |
| Net Debt / Equity Ratio | 0.47 | 0.41 | 0.82 | 0.75 | 0.76 | 0.78 |
| Net Debt / EBITDA Ratio | 2.33 | 1.81 | 3.39 | 3.29 | 3.37 | 3.74 |
| Net Debt / FCF Ratio | 16.67 | 5.79 | 37.94 | 20.87 | 7.50 | 4.13 |
| Asset Turnover | 0.30 | 0.32 | 0.30 | 0.29 | 0.28 | 0.18 |
| Quick Ratio | 3.08 | 2.84 | 1.34 | 1.46 | 1.26 | 1.28 |
| Current Ratio | 3.37 | 3.14 | 1.66 | 1.85 | 1.60 | 1.60 |
| Return on Equity (ROE) | -20.75% | -19.71% | 4.78% | 2.72% | 0.06% | -6.20% |
| Return on Assets (ROA) | 2.46% | 3.36% | 2.61% | 2.09% | 1.40% | 0.76% |
| Return on Invested Capital (ROIC) | 5.45% | 7.09% | 3.86% | 2.68% | 0.31% | 1.49% |
| Return on Capital Employed (ROCE) | 4.10% | 5.90% | 4.40% | 3.50% | 2.40% | 2.00% |
| Earnings Yield | -40.49% | -28.97% | ||||
| FCF Yield | 5.42% | 11.44% | ||||
| Payout Ratio | 214.29% | 158.54% | 11,000.00% | |||
| Buyback Yield / Dilution | -23.68% | -0.06% |