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Lionsgate Studios (LION) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Lionsgate Studios
NYSE
$10.74-0.60(-0.05%)Market closed
Market Cap
$3.13B
P/S
1.1x
D

How this company scores

WeakMetricSide Score: 40/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (13/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability8/25
Growth11/25
Balance Sheet & Red Flags8/25
Cash & Earnings Quality13/25
Strengths
Long cash runwayConsistent growth
Grade capped at D
  • Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 1.1x5y range 0.5x – 1.1x
P/S 1.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 6 quarters — earnings are not translating to cash.

Price & Volume
Market Cap $3.13B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$2.88B
Q. Revenue
$776.60M
48%
TTM EBITDA
$150.90M
TTM Op. Income
$133.30M
Q. Op. Income
$25.60M
342%
TTM Net Income
$-118.20M
2Q
Q. Net Income
$-28.80M
74%
EPS
$-0.1
75%
Shares Out.
$291.60M
4Q
$2.88B in TTM revenue grew from zero YoY, reaching $776.60M last quarter. TTM EBITDA of $150.90M and TTM operating income of $133.30M show growth is flowing through to the bottom line. However, net income is negative at $118.20M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is up 0% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
3.9%
428%
Op. Margin
3.3%
264%
Net Margin
-3.7%
82%
Op. margin of 3.3% is up 5.3% YoY — cost efficiency is improving. Net margin at -3.7% Over the past year, operating margin is up 264% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
1.1x
2Q
P/B Ratio
N/A
P/S of 1.1x and P/B of 0.0x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$5.33B
3Q
Cash
$425.80M
2Q
Long-Term Debt
$1.74B
14%
Book Value
$-1.20B
5%
D/E Ratio
N/A
Debt/EBITDA
58.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$54.10M
275%
TTM Free Cash Flow
$97.10M
2Q
FCF Margin
3.4%
2Q
FCF / Net Income
-0.8
2Q
TTM FCF of $97.10M on $54.10M in operating cash flow. The FCF / Net Income ratio of -0.8x means the business consumes cash — it is not yet self-funding. Across the last 6 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.

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Cash Burn

Red Flag

The last 4 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Share Dilution

Watch

Shares outstanding rose 2.5% — mild dilution. Compare to earnings growth to assess the net per-share impact.