greeksoup/ stock research
Stock research / United States / SBGI · Television Broadcasting Stations · Nasdaq

Sinclair, Inc. (SBGI)

Compare with another name

Sinclair, Inc. (SBGI) reported revenue of $840 million for Q2 FY2026, the quarter ended 30 June 2026, up 7.1% on the same quarter a year earlier. Net income was -$76 million, and diluted earnings per share $-1.06. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$840 millionup 7.1%
Net income-$76 million
Diluted EPS$-1.06
QuarterQ2 FY2026ended 30 June 2026

Sinclair (SBGI) in brief

Sinclair (SBGI) reported revenue of $3.2 billion for fiscal 2025, the year ended 31 December 2025, down 10.7% on the year before.
Read moreNet loss was $112 million and the diluted loss per share $1.61. Revenue was $3.5 billion in fiscal 2024, $3.1 billion in fiscal 2023, $3.9 billion in fiscal 2022 and $6.1 billion in fiscal 2021. Net income in the same years was $310 million, a loss of $291 million, $2.7 billion and a loss of $414 million. Over the twelve months to 30 June 2026, Sinclair reported revenue of $3.3 billion and net income of $52 million. At 30 June 2026 it carried $4.1 billion of debt and $604 million of cash. At the close of 29 October 2026 the market cap of Sinclair was $917 million, 16.9 times its earnings over the last twelve months.

Ratios

From the filings

ROE13.7%
ROCE4.8%
Operating margin6.6%
Net margin1.6%
FCF margin2.9%
Interest cover0.64
Debt to equity10.68
Cash conversion3.29
Share count, last 12 months3.7%
Sales CAGR, 3 years-6.9%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.75

At the close of 29 October 2026

Price$12.71
Market cap$917 million
Stock P/E16.94
Price to book2.41
EV / EBITDA9.18
Dividend yieldn/a
Market cap / sales0.28
52-week high$17.00
52-week low$11.97
Price, 1 year-3.5%
Price CAGR, 3 years6.0%
Price CAGR, 5 years-13.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Sinclair, Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
SBGIgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on SBGI

Dividends$1.00 a share in FY2025
Filings16 in twelve months: 6 current reports (8-K), about 4 results of operations; 1 officer or director change; 1 shareholder vote
Planned insider sales12 Form 144 notices in twelve months, $16.9 million; latest 25 September 2026
Options tapeput/call 0.68 by open interest at the 29 October 2026 close; the straddle prices a 9.1% move to 20 November 2026
13F holders176 funds reported a position for the quarter to 30 June 2026; largest Gamco Investors, Inc. Et Al
Insider trading15 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest4.0 million shares short, 8.37 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 16 quarters

Q2 FY2022Q3 FY2022Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue8378437737687678267988299171,004776784773836807840
SG&A195190191190176190196194201203192200203211214217
Operating income10715421.0-3.037.0-38642.064.017926614.021.058.080.027.050.0
Operating margin13%18%3%-0%5%-47%5%8%20%26%2%3%8%10%3%6%
Interest expense54.059.074.076.077.078.076.076.078.074.014482.085.084.085.080.0
Pre-tax income-46.0138-11.0-107-57.0-46221.024.0125225-200-76.00.0123-13735.0
Tax raten/a79%n/an/an/an/a-19%21%23%20%n/an/an/a6%n/a320%
Net income-11.021.0185-89.0-46.0-34123.017.094.0176-156-64.0-1.010920.0-76.0
Net margin-1%2%24%-12%-6%-41%3%2%10%18%-20%-8%-0%13%2%-9%
Diluted EPS-$0.17$0.32$2.64-$1.38-$0.74-$5.35$0.35$0.27$1.43$2.61-$2.30-$0.91-$0.02$1.55$0.28-$1.06
Operating cash flown/a25162.080.01.092.0-4.0-3062101985.0122-36.098.043.066.0
Capital expendituren/a29.020.020.030.022.021.023.017.023.016.017.022.019.015.020.0
Free cash flown/a22242.060.0-29.070.0-25.0-329193175-11.0105-58.079.028.046.0
Buybacksn/a10.053.01000.00.00.00.00.00.0n/an/an/an/an/an/a
Dividends paidn/a17.018.016.016.015.016.017.016.017.017.017.018.017.018.018.0
Filing10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 5 fiscal years and the trailing twelve months

FY2021FY2022FY2023FY2024FY2025TTM
Revenue6,1343,9283,1343,5483,1693,256
Selling, general and administrative908812747794806845
Operating income95.03,980-331551173215
Operating margin1.5%101.3%-10.6%15.5%5.5%6.6%
Interest expense618296305304395334
Pre-tax income-4993,614-637395-15321.0
Income tax-173913-35876.0-54.0-40.0
Effective tax raten/a25.3%n/a19.2%n/a-190.5%
Net income-4142,652-291310-11252.0
Net margin-6.7%67.5%-9.3%8.7%-3.5%1.6%
Diluted EPS-$5.51$37.54-$4.46$4.69-$1.61$0.75
Filing10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by segment FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Local media2,8663,2542,77486.6%
Tennis2282472658.3%
Other62761665.2%
Local mediaTennisOther
3,156FY20233,577FY20243,205FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow32779923598.0189171
Capital expenditure80.010592.084.074.076.0
Free cash flow24769414314.011595.0
Free cash flow margin4.0%17.7%4.6%0.4%3.6%2.9%
Cash from investing-246-38152.077.0-120-64.0
Cash from financing-524-353-509-140100-119
Depreciation and amortisation591321271250249261
Share-based compensation60.050.045.051.051.051.0
Buybacks61.01201530.00.0n/a
Dividends paid60.070.065.066.069.071.0
Diluted shares, weighted75m71m65m66m69m72m
Filing10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity-1,706748285583443380
Non-controlling interestn/a-67.0-64.0-67.0-73.0-76.0
Redeemable equity1971940.0n/an/an/a
Debtn/a4,2654,1754,1294,3834,059
Operating lease liabilitiesn/a154152130112108
Finance lease liabilitiesn/a26.021.034.025.0n/a
Other liabilitiesn/a1,3841,5161,0761,0591,010
Total liabilities and equityn/a6,7046,0855,8855,9495,481
Owned
Goodwill2,0882,0882,0822,0822,0852,083
Intangible assetsn/a946779630533n/a
Cash and equivalents819884662697866604
Receivablesn/a612616637687647
Other assetsn/a2,1741,9461,8391,7782,147
Total assetsn/a6,7046,0855,8855,9495,481
Filing10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a-6.9%-6.5%
Profit growth, compoundedn/an/an/a4.0%
Return on equity, averagen/a70.1%-24.7%-25.3%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Sinclair's revenue in fiscal 2025?

Sinclair (SBGI) reported revenue of $3.2 billion for fiscal 2025, the year ended 31 December 2025, down 10.7% on the year before.

How much did Sinclair earn in fiscal 2025?

Net loss was $112 million for fiscal 2025, and the diluted loss per share $1.61.

What is Sinclair's P/E ratio?

At the close of 29 October 2026, Sinclair traded at 16.9 times its earnings over the twelve months to 30 June 2026.

What is Sinclair's market cap?

The market cap of Sinclair was $917 million at the close of 29 October 2026.

How much debt does Sinclair have?

At 30 June 2026 Sinclair carried $4.1 billion of debt and $604 million of cash.

Peers: Communication

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Fox Corp. FOXA$28.3 billion16.7914.5%n/a5.1%0.57n/a
Fox Corp. FOX$25.1 billion14.9114.5%n/a5.1%0.57n/a
Nexstar Media Group, Inc. NXST$5.2 billion32.628.3%17.8%10.5%5.184.4%
Versant Media Group, Inc. VSNT$4.4 billionn/an/an/an/a0.36n/a
IDT Corp. IDT$2.0 billion23.5523.0%9.3%5.4%0.000.3%
Ziff Davis, Inc. ZD$2.0 billion3.1628.8%5.5%-8.5%0.39n/a
Anterix Inc. ATEX$1.8 billion26.2723.0%1,011.3%18.9%0.00n/a
Liberty Latin America Ltd. LILA$1.7 billionn/an/a14.3%1.1%15.98n/a
Uniti Group Inc. UNIT$1.2 billion1.91666.9%3.2%n/a65.860.0%
Sinclair, Inc. SBGI$917 million16.9413.7%6.6%-6.5%10.68n/a
Liberty Capital Corp. GLIBA$860 millionn/a-19.4%-38.3%n/a0.70n/a
Shenandoah Telecommunications Co. SHEN$562 millionn/a-4.5%-3.9%5.5%0.891.1%
All 34 in Communication
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Verizon Communications Inc. VZ$181.0 billion11.1415.3%20.9%1.4%1.556.4%
T-Mobile US, Inc. TMUS$156.7 billion14.2320.1%20.7%9.3%1.492.9%
AT&T Inc. T$140.9 billion11.3010.7%18.3%3.5%1.305.3%
Spotify Technology S.A. SPOT *$114.7 billion47.3526.6%12.8%9.7%0.18n/a
Comcast Corp. CMCSA$79.3 billion7.0512.2%14.7%-0.3%0.945.9%
Chunghwa Telecom Co. Ltd. CHT *$37.7 billion31.7310.1%20.6%2.7%0.073.3%
Vodafone Group Public Limited Company VOD *$35.9 billionn/a-0.8%7.0%8.0%1.043.5%
EchoStar Corp. ECHO$34.3 billionn/a-40.1%-112.7%-5.2%1.23n/a
Fox Corp. FOXA$28.3 billion16.7914.5%n/a5.1%0.57n/a
Fox Corp. FOX$25.1 billion14.9114.5%n/a5.1%0.57n/a
Roku, Inc. ROKU$23.1 billion66.8012.6%5.2%18.5%0.00n/a
Charter Communications, Inc. CHTR$13.2 billion2.8329.0%23.3%-1.5%5.54n/a
Tencent Music Entertainment Group TME *$13.2 billionn/a13.8%40.6%15.8%0.042.1%
AST SpaceMobile, Inc. ASTS$12.9 billionn/a-25.8%n/a2,265.6%1.24n/a
Globalstar, Inc. GSAT$10.8 billionn/a-18.6%4.7%7.7%1.23n/a
Viasat Inc. VSAT$10.7 billionn/a-0.6%2.4%1.3%1.25n/a
Sirius XM Holdings Inc. SIRI$9.7 billion11.577.4%19.0%0.5%0.773.8%
Nexstar Media Group, Inc. NXST$5.2 billion32.628.3%17.8%10.5%5.184.4%
Lumen Technologies, Inc. LUMN$4.9 billionn/an/a1.7%-7.7%n/an/a
Iridium Communications Inc. IRDM$4.9 billion30.5028.3%19.0%3.6%3.711.3%
Versant Media Group, Inc. VSNT$4.4 billionn/an/an/an/a0.36n/a
Telephone & Data Systems Inc. TDS$3.9 billionn/an/an/an/a0.130.5%
Liberty Global Ltd. LBTYA$2.6 billionn/a-32.9%-1.8%5.4%0.90n/a
Adeia Inc. ADEA$2.5 billion20.8125.7%41.6%24.3%0.810.9%
Calix, Inc. CALX$2.4 billion51.767.2%5.5%27.8%0.000.0%
IDT Corp. IDT$2.0 billion23.5523.0%9.3%5.4%0.000.3%
Ziff Davis, Inc. ZD$2.0 billion3.1628.8%5.5%-8.5%0.39n/a
Anterix Inc. ATEX$1.8 billion26.2723.0%1,011.3%18.9%0.00n/a
Liberty Latin America Ltd. LILA$1.7 billionn/an/a14.3%1.1%15.98n/a
Uniti Group Inc. UNIT$1.2 billion1.91666.9%3.2%n/a65.860.0%
Sinclair, Inc. SBGI$917 million16.9413.7%6.6%-6.5%10.68n/a
Liberty Capital Corp. GLIBA$860 millionn/a-19.4%-38.3%n/a0.70n/a
Shenandoah Telecommunications Co. SHEN$562 millionn/a-4.5%-3.9%5.5%0.891.1%
Cogent Communications Holdings, Inc. CCOI$397 millionn/an/a8.0%-4.5%n/a13.9%
4 companies share its SEC industry code (Television Broadcasting Stations); the rest are the names nearest in size in its wider industry, Communication, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202527 February 2026EDGAR
10-Q30 September 20257 November 2025EDGAR
10-Q30 June 20258 August 2025EDGAR
10-Q31 March 20259 May 2025EDGAR
10-K31 December 202426 February 2025EDGAR
10-Q30 September 20248 November 2024EDGAR
10-Q30 June 20249 August 2024EDGAR
10-Q31 March 202410 May 2024EDGAR