GCI Liberty, Inc. primarily engages in telecommunications operations through its subsidiary, GCI Holdings, which is Alaska's foremost provider of data, wireless, video, ...
Liberty Capital Corporation is a telecommunications holding company based in Englewood, Colorado, operating through its wholly owned subsidiary GCI, which is Alaska's foremost provider of data, wireless, video, voice, and managed services. GCI serves over 200 communities across Alaska, offering a comprehensive suite of services to both residential and business ...Liberty Capital Corporation is a telecommunications holding company based in Englewood, Colorado, operating through its wholly owned subsidiary GCI, which is Alaska's foremost provider of data, wireless, video, voice, and managed services. GCI serves over 200 communities across Alaska, offering a comprehensive suite of services to both residential and business customers, including high-speed internet, cable television, landline and mobile phone services, and enterprise managed solutions. The company generates revenue primarily from its telecommunications operations, with a gross profit margin of 33.6% and a revenue of approximately $25.9 per share. Despite operating losses in the most recent fiscal period, with a net profit margin of -31.5%, the company maintains a strong liquidity position with a current ratio of 3.3 and a cash ratio of 2.25. The company also holds strategic investments in Charter Communications and Liberty Broadband, which provide additional value and diversification. The enterprise value stands at $698.8 million, with a debt-to-equity ratio of 0.61. Under the leadership of President and CEO Ronald A. Duncan, who has been in his role since 1989, the company employs approximately 1,954 full-time employees. In May 2026, the company changed its name from GCI Liberty to Liberty Capital Corporation to better reflect its broader investment activities. The company is publicly traded on NASDAQ under the symbol GLIBA and also has a Class K common stock (GLIBK). With a market capitalization of about $89.8 million (as of the provided data), the company is relatively small, but it plays a vital role in providing connectivity to underserved regions of Alaska. Looking ahead, Liberty Capital aims to leverage its investments and operational expertise to drive growth and shareholder value.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$1.0B
—
-7.0%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-309.0M
—
-11.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+29.7%
—
+154.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+17.0%
—
+7.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-29.5%
—
-4.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$122.0M
—
-45.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+11.7%
—
-41.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
68.3%
—
+19.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
3.14x
—
+2.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Welcome to the Liberty Capital 26 Q2 Earnings Call. During the presentation, all participants will be in a listen only mode. Afterwards, we will conduct a question and answer session. As a reminder, this conference will be recorded on August 6, And I would now like to turn the call over to Hooper Stevens, Senior Vice President, Investor Please go ahead.
Hooper Stevens: Thank you for joining us today. Today's call includes certain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 2 thousand. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in the most recent Forms 10 ks and 10 Q filed by Liberty Capital and Liberty Broadband with the SEC. These forward looking statements speak only as of the date of this call. Liberty Capital and Liberty Broadband expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward looking statement contained herein to reflect any change in Liberty Capital or Liberty Broadband's expectations. On today's call, we will discuss certain non GAAP financial measures for Liberty Capital, including adjusted OIBDA, adjusted OIBDA margin and free cash flow. Information regarding the required definitions, along with the comparable GAAP metrics and reconciliations, including Schedule 1 for Liberty Capital can be found in the earnings press release issued today, which is available on Liberty Capital's website. Speaking on today's call will be Ronald A. Duncan, the CEO of Liberty Capital and Brian J. Wendling, Liberty Capital's Chief Accounting and Principal Financial Officer. Also during Q and A, we may take questions related to Liberty Broadband should they arrive. Additional members of Liberty Capital, GCI and Liberty Broadband management are available to supplement your questions. Now I will turn the call over to Ronald A. Duncan.
Ronald A. Duncan: Thank you, Hooper, and good morning, everyone. This is our first earnings call in the Liberty Capital name, and we are excited about the momentum in our business. Our growing cash profile enables us to announce a new capital allocation policy under which we will initiate a quarterly dividend in December of this year with an initial aggregate amount of $60 million per year. We will aim to operate our GCI unit approximately 3x long term net leverage with incremental cash and borrowing capacity used for both investment opportunities as well as a return of capital to shareholders including buybacks. We are also pleased to report a solid second quarter, Liberty Capital generated revenue of $261 million and adjusted OIBDA of 96 million Over the prior 12 months, free cash flow was $59 million Brian will cover the financial results in greater detail. The quarter also demonstrates the platform we are building at Liberty Capital. GCI has a stable, increasingly cash generative operating business with a unique and valuable position …
