Liberty Latin America (LILA)
Market Price (12/18/2025): $8.15 | Market Cap: $1.6 BilSector: Communication Services | Industry: Integrated Telecommunication Services
Liberty Latin America (LILA)
Market Price (12/18/2025): $8.15Market Cap: $1.6 BilSector: Communication ServicesIndustry: Integrated Telecommunication Services
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17% | Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -50% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 469% |
| Attractive yieldFCF Yield is 13% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.4% | |
| Low stock price volatilityVol 12M is 43% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -48% | |
| Megatrend and thematic driversMegatrends include 5G & Advanced Connectivity. Themes include Wireless Services, and Telecom Infrastructure. | Key risksLILA key risks include [1] a substantial debt burden and persistent execution issues at its Puerto Rico subsidiary, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Attractive yieldFCF Yield is 13% |
| Low stock price volatilityVol 12M is 43% |
| Megatrend and thematic driversMegatrends include 5G & Advanced Connectivity. Themes include Wireless Services, and Telecom Infrastructure. |
| Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -50% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 469% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.4% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -48% |
| Key risksLILA key risks include [1] a substantial debt burden and persistent execution issues at its Puerto Rico subsidiary, Show more. |
Valuation, Metrics & Events
LILA Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are five key points that could explain movements in Liberty Latin America (LILA) stock during the approximate period from August 31, 2025, to December 18, 2025:
1. Positive Q3 2025 Financial Results
Liberty Latin America announced its Q3 2025 results on November 5, 2025, reporting strong commercial momentum, year-over-year rebased revenue growth, and a 7% rebased Adjusted OIBDA growth, which could have positively influenced investor sentiment. The company also achieved its strongest quarterly mobile postpaid additions in three years during Q3, driven by performance in Costa Rica.
2. Strategic Debt Refinancing and New Facility
The company enhanced its financial stability by successfully refinancing $3.3 billion of C&W credit silo debt in the latter half of 2024, extending over 75% of maturities to 2032 and beyond. Furthermore, Liberty Puerto Rico secured a new five-year $250 million secured facility in September 2025, providing additional financial flexibility.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LILA Return | -39% | 5% | -35% | -3% | -13% | 30% | -55% |
| Peers Return | -20% | -17% | -19% | 20% | 42% | 77% | 59% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| LILA Win Rate | 33% | 50% | 17% | 42% | 58% | 50% | |
| Peers Win Rate | 38% | 38% | 33% | 62% | 75% | 71% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| LILA Max Drawdown | -58% | -9% | -49% | -15% | -18% | -29% | |
| Peers Max Drawdown | -44% | -25% | -35% | -12% | -8% | -2% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: TIGO, T.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)
How Low Can It Go
| Event | LILA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -59.5% | -25.4% |
| % Gain to Breakeven | 147.2% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -61.2% | -33.9% |
| % Gain to Breakeven | 158.0% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
| 2018 Correction | ||
| % Loss | -48.3% | -19.8% |
| % Gain to Breakeven | 93.6% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
Compare to T, ATNI, ELWT, VTEK, VZ
In The Past
Liberty Latin America's stock fell -59.5% during the 2022 Inflation Shock from a high on 6/1/2021. A -59.5% loss requires a 147.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to LILA. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | PINS | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.3% | -1.3% | -1.4% | |
| 11212025 | TMUS | T-Mobile US | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -5.0% | -5.0% | -6.4% |
| 11212025 | Z | Zillow | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.5% | -1.5% | -3.9% |
| 11072025 | IRDM | Iridium Communications | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 1.3% | 1.3% | -5.6% |
| 10032025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -28.9% | -28.9% | -29.8% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | PINS | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.3% | -1.3% | -1.4% | |
| 11212025 | TMUS | T-Mobile US | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -5.0% | -5.0% | -6.4% |
| 11212025 | Z | Zillow | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.5% | -1.5% | -3.9% |
| 11072025 | IRDM | Iridium Communications | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 1.3% | 1.3% | -5.6% |
| 10032025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -28.9% | -28.9% | -29.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Liberty Latin America
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.36 |
| Mkt Cap | 8.9 |
| Rev LTM | 5,594 |
| Op Inc LTM | 1,471 |
| FCF LTM | 895 |
| FCF 3Y Avg | 571 |
| CFO LTM | 1,711 |
| CFO 3Y Avg | 1,500 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -0.8% |
| Rev Chg 3Y Avg | 0.7% |
| Rev Chg Q | 1.6% |
| QoQ Delta Rev Chg LTM | 0.4% |
| Op Mgn LTM | 19.5% |
| Op Mgn 3Y Avg | 19.9% |
| QoQ Delta Op Mgn LTM | 1.3% |
| CFO/Rev LTM | 30.6% |
| CFO/Rev 3Y Avg | 26.4% |
| FCF/Rev LTM | 16.0% |
| FCF/Rev 3Y Avg | 10.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 8.9 |
| P/S | 1.4 |
| P/EBIT | 4.0 |
| P/E | 7.4 |
| P/CFO | 4.7 |
| Total Yield | 11.0% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 13.7% |
| D/E | 1.0 |
| Net D/E | 0.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.4% |
| 3M Rtn | 3.0% |
| 6M Rtn | 46.6% |
| 12M Rtn | 22.9% |
| 3Y Rtn | 55.9% |
| 1M Excs Rtn | -1.2% |
| 3M Excs Rtn | -1.6% |
| 6M Excs Rtn | 34.2% |
| 12M Excs Rtn | 10.4% |
| 3Y Excs Rtn | -19.0% |
Segment Financials
Revenue by Segment
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Cable & Wireless (C&W) Caribbean | 1,437 | 1,437 | 1,390 | ||
| Liberty Puerto Rico | 1,418 | 1,464 | 1,450 | 624 | 412 |
| Cable & Wireless (C&W) Panama | 743 | 643 | 568 | 500 | 583 |
| Liberty Costa Rica | 548 | 441 | 258 | 140 | 1,074 |
| Liberty Networks | 453 | 451 | 432 | ||
| Corporate | 24 | 22 | 22 | 3 | |
| VTR Finance N.V. and its subsidiaries (VTR) | 0 | 451 | 788 | 809 | |
| Intersegment eliminations | -111 | -99 | -92 | -18 | -14 |
| Cable & Wireless (C&W) Caribbean and Networks | 1,707 | 1,813 | |||
| Total | 4,511 | 4,809 | 4,815 | 3,765 | 3,867 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Cable & Wireless (C&W) Caribbean | 597 | 535 | 483 | ||
| Liberty Puerto Rico | 486 | 531 | 581 | 277 | 203 |
| Liberty Networks | 262 | 276 | 264 | ||
| Cable & Wireless (C&W) Panama | 228 | 189 | 200 | 177 | 228 |
| Liberty Costa Rica | 203 | 135 | 80 | 55 | 434 |
| VTR Finance N.V. and its subsidiaries (VTR) | 0 | 116 | 260 | 307 | |
| Corporate | -73 | -72 | -53 | -44 | -55 |
| Impairment, restructuring and other operating items, net | -87 | -619 | -665 | -375 | -259 |
| Share-based compensation and other Employee Incentive Plan-related expense | -89 | -94 | -118 | -98 | -58 |
| Depreciation and amortization | -1,008 | -911 | -965 | -919 | -871 |
| Cable & Wireless (C&W) Caribbean and Networks | 713 | 732 | |||
| Total | 518 | 86 | 67 | 93 | 354 |
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | 7.7% | 3.6% | 7.9% |
| 8/7/2025 | 9.2% | 5.3% | 11.6% |
| 5/7/2025 | -15.1% | -10.2% | -8.7% |
| 2/19/2025 | -5.3% | -3.7% | -5.8% |
| 11/6/2024 | -20.8% | -36.6% | -34.2% |
| 8/6/2024 | -8.9% | -5.3% | -5.8% |
| 5/7/2024 | 4.9% | 2.8% | 9.7% |
| 2/22/2024 | -7.6% | -0.6% | 2.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 11 | 10 |
| # Negative | 12 | 12 | 13 |
| Median Positive | 8.9% | 5.3% | 9.7% |
| Median Negative | -8.2% | -4.5% | -8.7% |
| Max Positive | 16.5% | 18.5% | 19.7% |
| Max Negative | -20.8% | -36.6% | -43.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11052025 | 10-Q 9/30/2025 |
| 6302025 | 8072025 | 10-Q 6/30/2025 |
| 3312025 | 5072025 | 10-Q 3/31/2025 |
| 12312024 | 2192025 | 10-K 12/31/2024 |
| 9302024 | 11062024 | 10-Q 9/30/2024 |
| 6302024 | 8062024 | 10-Q 6/30/2024 |
| 3312024 | 5072024 | 10-Q 3/31/2024 |
| 12312023 | 2222024 | 10-K 12/31/2023 |
| 9302023 | 11092023 | 10-Q 9/30/2023 |
| 6302023 | 8082023 | 10-Q 6/30/2023 |
| 3312023 | 5082023 | 10-Q 3/31/2023 |
| 12312022 | 2222023 | 10-K 12/31/2022 |
| 9302022 | 11082022 | 10-Q 9/30/2022 |
| 6302022 | 8032022 | 10-Q 6/30/2022 |
| 3312022 | 5042022 | 10-Q 3/31/2022 |
| 12312021 | 2232022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |