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No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
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What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $305.9M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -7%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
EOD close · as of 2026-10-21
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.44B 100.0% | $4.45B 100.0% | $4.51B 100.0% | $4.81B 100.0% | $4.81B 100.0% | $3.78B 100.0% | $3.87B 100.0% | $3.71B 100.0% | $3.59B 100.0% | $2.72B 100.0% |
| Cost of Revenue | $975.9M 22.0% | $989.4M 22.2% | $1.02B 22.6% | $1.21B 25.2% | $1.21B 25.2% | $860.4M 22.7% | $877.8M 22.7% | $877.2M 23.7% | $876.2M 24.4% | — |
| Cost of Services | — | — | — | — | — | — | — | $889.8M 24.0% | $876.2M 24.4% | $677.2M 24.9% |
| Selling, General & Admin | $179.6M 4.0% | $189.6M 4.3% | $181.1M 4.0% | $226.0M 4.7% | $229.4M 4.8% | $168.1M 4.4% | $803.3M 20.8% | $768.2M 20.7% | $710.7M 19.8% | $521.6M 19.1% |
| Total Operating Expenses | $4.33B 97.6% | $4.52B 101.7% | $3.99B 88.5% | $4.72B 98.2% | $4.75B 98.7% | $3.70B 97.7% | $3.54B 91.6% | $3.73B 100.6% | $3.75B 104.5% | $2.41B 88.4% |
| Operating Income | $108.2M 2.4% | -$76.8M -1.7% | $517.7M 11.5% | $86.5M 1.8% | $63.8M 1.3% | $86.7M 2.3% | $325.8M 8.4% | -$23.6M -0.6% | -$162.9M -4.5% | $315.3M 11.6% |
| Interest Expense | $656.4M 14.8% | $627.7M 14.1% | $601.7M 13.3% | $556.7M 11.6% | $527.4M 11.0% | $533.4M 14.1% | $499.2M 12.9% | $443.7M 12.0% | $381.8M 10.6% | $314.4M 11.5% |
| Other Income (Expense), net | -$761.0M -17.1% | -$583.1M -13.1% | -$580.1M -12.9% | -$209.5M -4.4% | -$381.8M -7.9% | -$924.9M -24.5% | -$634.4M -16.4% | -$561.1M -15.1% | -$488.3M -13.6% | -$413.4M -15.2% |
| Pretax Income | -$652.8M -14.7% | -$659.9M -14.8% | -$62.4M -1.4% | -$123.0M -2.6% | -$318.0M -6.6% | -$838.2M -22.2% | -$308.6M -8.0% | -$584.7M -15.8% | -$651.2M -18.1% | -$98.1M -3.6% |
| Income Tax Expense | -$98.5M -2.2% | -$200K -0.0% | $24.4M 0.5% | $84.8M 1.8% | $172.6M 3.6% | -$29.2M -0.8% | -$100.2M -2.6% | $51.1M 1.4% | $147.5M 4.1% | $305.9M 11.2% |
| Net Income | -$611.2M -13.8% | -$689.4M -15.5% | -$73.6M -1.6% | -$170.7M -3.5% | -$440.6M -9.2% | -$687.3M -18.2% | -$106.1M -2.7% | -$345.2M -9.3% | -$778.1M -21.7% | -$432.3M -15.9% |
| Per Share | ||||||||||
| EPS (Basic) | -$3.06 | -$3.47 | -$0.35 | -$0.77 | -$1.89 | -$3.51 | -$0.58 | — | — | — |
| EPS (Diluted) | -$3.06 | -$3.47 | -$0.35 | -$0.77 | -$1.89 | -$3.51 | -$0.58 | — | — | — |
| Weighted Avg Shares (Basic) | 199.5M | 198.4M | 210.0M | 222.6M | 232.6M | 195.5M | 184.4M | — | — | — |
| Weighted Avg Shares (Diluted) | 199.5M | 198.4M | 210.0M | 222.6M | 232.6M | 195.5M | 184.4M | — | — | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Solve the discounted cash flow backwards, then stress-test the assumptions.
Average free cash flow across the last 3 positive fiscal years (FY2023, FY2024, FY2025). Smooths the cycle. Stock compensation is NOT charged — it is added back inside operating cash flow.
To be worth $8.02 today, the market must believe free cash flow compounds 14.9%/yr for a decade (off $277.9M on the 3-yr avg basis).
On the basis ($205.9M) the requirement is 19.0%/yr. Shares issued to employees are added back in operating cash flow, so this basis treats them as free.
The market's 14.9% is more conservative than its 7-yr track record.
Default is the published 10.0% — this company's own cost of capital could not be computed.
2-stage DCF · 0.20B shares (market data) · net debt $7.90B
mean 336.7% · volatility σ 633% · implied rate exceeded in 4/7 yrs
Central path = implied 14.9%/yr growth; shaded band = ±1σ (633%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $894.2M covers the $160.0M due within a year 5.6× over. Scheduled principal only (excludes interest & revolver draws). As of 2020-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~7.6% on $8.68B of debt.
Cash vs short-term debt unavailable.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-10-21
Where each multiple sits in its own 11-yr range · 81th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 11-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE -110% against ROIC -7% — -103% of the return on equity comes from leverage and buybacks rather than from the operating business.
Equity is the year-end figure. On average equity over the two year-ends, ROE is -74.3% — the two diverge when buybacks or issuance move equity during the year.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Operating leverage needs meaningful revenue change.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 23.7 | 22.7 | 22.7 | 25.2 | 25.2 | 22.6 | 22.2 | 22.0 |
| SG&A | 20.7 | 20.8 | 4.4 | 4.8 | 4.7 | 4.0 | 4.3 | 4.0 |
| Operating Income | -0.6 | 8.4 | 2.3 | 1.3 | 1.8 | 11.5 | -1.7 | 2.4 |
| Income Tax | 1.4 | -2.6 | -0.8 | 3.6 | 1.8 | 0.5 | -0.0 | -2.2 |
| Net Income | -9.3 | -2.7 | -18.2 | -9.2 | -3.5 | -1.6 | -15.5 | -13.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on LILA: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Cash conversion and accruals. The full answer — share-based compensation, the cash conversion waterfall, working-capital trend — is still being built, so this block states what it measures rather than issuing a verdict.
One year is not a trend. The spec asks for a 3- and 5-year average of FCF/net income precisely because a single year turns on working-capital timing, and that arrives with the full Q2 block.