Liberty Formula One Group (Liberty Formula One Group) Other Operating Expense : $525 Mil (TTM As of Dec. 2023)

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What is Liberty Formula One Group Other Operating Expense?

Liberty Formula One Group's Other Operating Expense for the three months ended in Dec. 2023 was $115 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $525 Mil.

Liberty Formula One Group's quarterly Other Operating Expense increased from Jun. 2023 ($84 Mil) to Sep. 2023 ($86 Mil) and increased from Sep. 2023 ($86 Mil) to Dec. 2023 ($115 Mil).

Liberty Formula One Group's annual Other Operating Expense declined from Dec. 2021 ($397 Mil) to Dec. 2022 ($362 Mil) but then increased from Dec. 2022 ($362 Mil) to Dec. 2023 ($369 Mil).

Liberty Formula One Group Other Operating Expense Historical Data

The historical data trend for Liberty Formula One Group's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Liberty Formula One Group Other Operating Expense Chart

Liberty Formula One Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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453.00

441.00

397.00

362.00

369.00

Liberty Formula One Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															90.00	240.00	84.00	86.00	115.00

Liberty Formula One Group Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $525 Mil.

Liberty Formula One Group Other Operating Expense Related Terms

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Liberty Formula One Group (Liberty Formula One Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty Formula One Group (NAS:FWONA) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

FWONB:USA FWONK:USA LM0F:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

http://www.libertymedia.com

Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.