Liberty Latin America (LILA) Q4 2025 Earnings Call

Motley Fool Transcribing, The Motley Fool

Thu, February 19, 2026 astatine 9:07 AM CST 23 min read

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Thursday, Feb. 19, 2026 astatine 9 a.m. ET

• President and Chief Executive Officer — Balan Nair

• Chief Financial Officer — Christopher Noyes

Balan Nair: Any additions and adjusted FCF earlier spouse distributions. Starting connected the left, we person already concisely discussed adjusted OIBDA, but the different cardinal input to the calculation is P&E additions. Even successful airy of the assorted commitments we had and events that occurred during the year, including caller task wins and hurricane impacts, we remained disciplined during 2025. In aggregate, we invested $640,000,000 successful 2025, including $220,000,000 successful Q4, arsenic compared to $725,000,000 successful 2024, including $240,000,000 successful Q4. Liberty Latin America Ltd.’s P&E additions arsenic a percent of gross were 14% successful 2025 versus 16% successful 2024, a measurable year-over-year reduction.

Combined with our improved Liberty Latin America Ltd. adjusted OIBDA show and margins, we delivered adjusted OIBDA little P&E additions of $1,100,000,000 successful 2025, including $231,000,000 successful Q4, representing year-over-year maturation for fiscal 2025 of 27% and for Q4 of 30%. Our 2025 effect represents 24% of revenue, a important betterment implicit 2024 levels, and 1 we look guardant to continuing to thrust higher implicit time. Turning to adjusted escaped currency travel earlier spouse distributions, we had a peculiarly robust Q4, delivering $278,000,000 successful the quarter, which brought our full-year fig to $150,000,000, a 29% year-over-year increase.

A cardinal operator of this betterment was the important enlargement successful adjusted OIBDA little P&E additions of $226,000,000 implicit this period, which was offset somewhat by moving superior and related movements. Additionally, successful Q4, we collected $81,000,000 successful nett proceeds from our parametric program, which helps to mitigate to a ample grade the harm and concern interruption from Hurricane Melissa. As discussed earlier, we suffered fiscal interaction successful Q4 from Melissa, but a important magnitude of the adverse impact, including a ample information of the betterment investment, is expected to hap successful 2026.

Although it volition proceed to germinate passim the year, we mostly expect that the 2026 adjusted FCF interaction from the tempest volition beryllium successful the vicinity of $100,000,000. Our operating extremity is to beryllium run-rating adjacent pre-hurricane levels by year-end, which should acceptable america up for a afloat betterment successful 2027. Next to Slide 20 and a reappraisal of our superior structure. At the consolidated level, we person full indebtedness of $8,400,000,000, liquidity consisting of $800,000,000 successful currency and $900,000,000 successful availability nether our recognition lines. At year-end 2025, we had consolidated nett leverage of 4.3x, an betterment from 2024 levels.