SBGI Sinclair, Inc. - Class A Common Stock
SBGI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
SBGI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| May 26, 2026 | $0.2500 |
| March 10, 2026 | $0.2500 |
| Dec. 1, 2025 | $0.2500 |
| Aug. 29, 2025 | $0.2500 |
| May 30, 2025 | $0.2500 |
| March 10, 2025 | $0.2500 |
| Dec. 2, 2024 | $0.2500 |
| Aug. 30, 2024 | $0.2500 |
| June 3, 2024 | $0.2500 |
| March 8, 2024 | $0.2500 |
| Nov. 30, 2023 | $0.2500 |
| Aug. 31, 2023 | $0.2500 |
| May 26, 2023 | $0.2500 |
| March 2, 2023 | $0.2500 |
| Nov. 30, 2022 | $0.2500 |
| Aug. 31, 2022 | $0.2500 |
| May 31, 2022 | $0.2500 |
| March 4, 2022 | $0.2500 |
| Nov. 30, 2021 | $0.2000 |
| Aug. 31, 2021 | $0.2000 |
SBGI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 1 9.1%
- Buy 1 9.1%
- Hold 4 36.4%
- Sell 3 27.3%
- Strong Sell 2 18.2%
12-Month Price Target
7 analysts · 2026-08-19Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-1.06 | $-0.35 | -0.71% |
| March 31, 2026 | $0.28 | $-0.89 | 1.2% |
| Dec. 31, 2025 | $1.55 | $-0.25 | 1.8% |
| Sept. 30, 2025 | $-0.02 | $-1.05 | 1.0% |
| June 30, 2025 | $-0.91 | $-0.91 | 0.00% |
| March 31, 2025 | $-2.30 | $-1.34 | -0.96% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| SBGI | — | -9.5 | -10.7% | -3.5% | -21.8% | — |
| PSKY | — | — | -1.5% | — | — | — |
| NXST | $6.16B | 67.7 | -8.5% | 2.2% | 5.1% | — |
| NMAX | $998M | -8.1 | 10.7% | -52.6% | -93.5% | 39.3% |
| EVC | — | -3.4 | 22.7% | -17.7% | -108.9% | — |
| GTN | — | — | — | — | — | — |
| AMCX | — | 5.7 | -4.5% | 3.9% | 9.7% | — |
| IHRT | — | -1.4 | 0.27% | -12.2% | 26.6% | — |
| SSP | — | -2.1 | -14.3% | -4.7% | -8.0% | — |
| TSQ | — | 21.4 | -5.2% | -2.7% | 33.8% | 25.5% |
| FOXA | — | — | — | — | — | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $3.17B | $3.55B | $3.13B | $3.93B | $6.13B | |
| SG&A Expense | $806M | $794M | $747M | $812M | $908M | |
| Operating Expenses | $3.00B | $3.00B | $3.46B | $-52M | $6.04B | |
| Operating Income | $173M | $551M | $-331M | $3.98B | $95M | |
| Interest Expense | · | · | $305M | $296M | $618M | |
| Other Non-op | $2M | $29M | $-45M | $-129M | $-14M | |
| Pretax Income | $-153M | $395M | $-637M | $3.61B | $-499M | |
| Income Tax | $-54M | $76M | $-358M | $913M | $-173M | |
| Net Income | $-112M | $310M | $-291M | $2.65B | $-414M | |
| EPS (Basic) | $-1.61 | $4.72 | $-4.46 | $37.54 | $-5.51 | |
| EPS (Diluted) | $-1.61 | $4.69 | $-4.46 | $37.54 | $-5.51 | |
| Shares (Basic) | 69,118,000 | 65,782,000 | 65,125,000 | 70,653,000 | 75,050,000 | |
| Shares (Diluted) | 69,118,000 | 66,096,000 | 65,125,000 | 70,656,000 | 75,050,000 | |
| EBITDA | $422M | $801M | $-60M | · | · |
Balance Sheet 21
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $866M | $697M | $662M | $884M | · | |
| Receivables | $687M | $637M | $616M | $612M | · | |
| Prepaid Expense | $147M | $146M | $189M | $182M | · | |
| Current Assets | $1.70B | $1.49B | $1.48B | $1.68B | · | |
| Goodwill | $2.08B | $2.08B | $2.08B | $2.09B | $2.09B | |
| Intangibles | $533M | $630M | $779M | $946M | · | |
| Other Non-current Assets | $717M | $710M | $742M | $964M | · | |
| Total Assets | $5.95B | $5.88B | $6.08B | $6.70B | · | |
| Accounts Payable | $496M | $416M | $913M | $397M | · | |
| Accrued Liabilities | $496M | $416M | $913M | $397M | · | |
| Current Liabilities | $703M | $605M | $1.10B | $608M | · | |
| Capital Leases | $112M | $130M | $152M | $154M | · | |
| Deferred Tax | $213M | $335M | $252M | $610M | · | |
| Other Non-current Liabilities | $180M | $195M | $204M | $220M | · | |
| Total Liabilities | $5.58B | $5.37B | $5.86B | $5.83B | · | |
| Long-term Debt | $4.35B | $4.09B | $4.15B | · | · | |
| Total Debt | $22M | $35M | $34M | · | · | |
| Retained Earnings | $-171M | $10M | $-234M | $122M | · | |
| AOCI | $0 | $2M | $1M | $1M | · | |
| Stockholders' Equity | $443M | $583M | $285M | $748M | · | |
| Liabilities + Equity | $5.95B | $5.88B | $6.08B | $6.70B | · |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| D&A | $249M | $250M | $271M | $321M | $591M | |
| Stock-based Comp | $51M | $51M | $45M | $50M | $60M | |
| Deferred Tax | $-121M | $82M | $-358M | $904M | $-97M | |
| Amort. of Intangibles | $145M | $149M | $166M | $221M | $477M | |
| Other Non-cash | $122M | $-595M | $568M | · | · | |
| Operating Cash Flow | $189M | $98M | $235M | $799M | $327M | |
| CapEx | $74M | $84M | $92M | $105M | $80M | |
| Investing Cash Flow | $-120M | $77M | $52M | $-381M | $-246M | |
| Debt Issued | $1.80B | $0 | $0 | $728M | $357M | |
| Net Debt Issued | $1.80B | $0 | $0 | · | · | |
| Stock Repurchased | $0 | $0 | $153M | $120M | $61M | |
| Net Stock Activity | $0 | $0 | $-153M | · | · | |
| Dividends Paid | $69M | $66M | $65M | $70M | $60M | |
| Financing Cash Flow | $100M | $-140M | $-509M | $-353M | $-524M | |
| Net Change in Cash | $169M | $35M | $-222M | $65M | $-443M | |
| Taxes Paid | $45M | $3M | $4M | · | · | |
| Free Cash Flow | $115M | $14M | $143M | · | · | |
| Levered FCF | · | · | $9M | · | · |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Operating Margin | 5.5% | 15.5% | -10.6% | · | · | |
| Net Margin | -3.5% | 8.7% | -9.3% | · | · | |
| Pretax Margin | -4.8% | 11.1% | -20.3% | · | · | |
| EBITDA Margin | 13.3% | 22.6% | -1.9% | · | · | |
| ROA | -1.9% | 5.2% | -4.5% | · | · | |
| ROE | -21.8% | 71.4% | -56.3% | · | · | |
| ROIC | 24.1% | 72.0% | -45.5% | · | · |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 2.4 | 2.5 | 1.3 | · | · | |
| Quick Ratio | 2.2 | 2.2 | 1.2 | · | · | |
| Debt / Equity | 0.0 | 0.1 | 0.1 | · | · | |
| Interest Coverage | · | · | -1.1 | · | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Asset Turnover | 0.5 | 0.6 | 0.5 | · | · | |
| Receivables Turnover | 4.8 | 5.7 | 5.1 | · | · |
Growth Rates 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue YoY | -10.7% | 13.2% | -20.2% | -36.0% | · | |
| Revenue CAGR 3Y | -6.9% | -16.7% | · | · | · |
Valuation (TTM) 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue TTM | $3.17B | $3.55B | $3.13B | · | · | |
| Net Income TTM | $-112M | $310M | $-291M | · | · | |
| P/E | -9.5 | 3.4 | -2.9 | · | · | |
| Earnings Yield | -10.5% | 29.1% | -34.2% | · | · | |
| Payout Ratio | -61.6% | 21.3% | -22.3% | · | · | |
| Annual Payout | $69M | $66M | $65M | · | · |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $840M | $807M | $836M | $773M | $784M | $776M | $1.00B | $917M | $829M | $798M | $826M | $767M | $768M | $773M | $960M | $843M | |
| SG&A Expense | $217M | $214M | $211M | $203M | $200M | $192M | $203M | $201M | $194M | $196M | $190M | $176M | $190M | $191M | $207M | $190M | |
| Operating Expenses | $790M | $780M | $756M | $715M | $763M | $762M | $738M | $738M | $765M | $756M | $1.21B | $730M | $771M | $752M | $707M | $689M | |
| Operating Income | $50M | $27M | $80M | $58M | $21M | $14M | $266M | $179M | $64M | $42M | $-386M | $37M | $-3M | $21M | $253M | $154M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $76M | · | $77M | $76M | $74M | · | $59M | |
| Other Non-op | $55M | $-78M | $57M | $29M | $-18M | $-66M | $7M | $24M | $-42M | $40M | $3M | $-21M | $-38M | $11M | $26M | $10M | |
| Pretax Income | $35M | $-137M | $123M | $0 | $-76M | $-200M | $225M | $125M | $24M | $21M | $-462M | $-57M | $-107M | $-11M | $219M | $138M | |
| Income Tax | $112M | $-158M | $7M | $-1M | $-14M | $-46M | $46M | $29M | $5M | $-4M | $-122M | $-12M | $-20M | $-204M | $157M | $109M | |
| Net Income | $-76M | $20M | $109M | $-1M | $-64M | $-156M | $176M | $94M | $17M | $23M | $-341M | $-46M | $-89M | $185M | $55M | $21M | |
| EPS (Basic) | $-1.06 | $0.28 | $1.62 | $-0.02 | $-0.91 | $-2.30 | $2.67 | $1.43 | $0.27 | $0.35 | $-4.99 | $-0.74 | $-1.38 | $2.65 | $0.95 | $0.32 | |
| EPS (Diluted) | $-1.06 | $0.28 | $1.62 | $-0.02 | $-0.91 | $-2.30 | $2.64 | $1.43 | $0.27 | $0.35 | $-4.98 | $-0.74 | $-1.38 | $2.64 | $0.95 | $0.32 | |
| Shares (Basic) | 72,157,000 | 70,565,000 | -137,620,000 | 69,660,000 | 69,589,000 | 67,489,000 | -130,918,000 | 66,355,000 | 66,189,000 | 64,156,000 | -131,956,000 | 63,325,000 | 64,012,000 | 69,744,000 | -328,000 | 69,907,000 | |
| Shares (Diluted) | 72,157,000 | 70,820,000 | -137,620,000 | 69,660,000 | 69,589,000 | 67,489,000 | -131,022,000 | 66,526,000 | 66,189,000 | 64,403,000 | -132,076,000 | 63,325,000 | 64,012,000 | 69,864,000 | -329,000 | 69,907,000 | |
| EBITDA | $118M | $92M | · | $120M | $80M | $76M | · | $242M | $127M | $105M | · | $103M | $70M | · | · | · |
Balance Sheet 20
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $604M | $844M | $866M | $526M | $616M | $631M | $697M | $536M | $378M | $655M | · | $643M | $728M | · | · | · | |
| Receivables | $647M | $631M | $687M | $633M | $624M | $676M | $637M | $617M | $662M | $642M | · | $597M | $582M | · | · | · | |
| Prepaid Expense | $137M | $153M | $147M | $180M | $186M | $161M | $146M | $195M | $174M | $177M | · | $206M | $190M | · | · | · | |
| Current Assets | $1.39B | $1.63B | $1.70B | $1.34B | $1.46B | $1.50B | $1.49B | $1.35B | $1.22B | $1.48B | · | $1.45B | $1.51B | · | · | · | |
| Goodwill | $2.08B | $2.08B | $2.08B | $2.09B | $2.09B | $2.09B | $2.08B | $2.08B | $2.08B | $2.08B | $2.08B | $2.08B | $2.08B | · | $2.09B | · | |
| Intangibles | · | · | $533M | · | · | · | $630M | · | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $648M | $651M | $717M | $646M | $617M | $626M | $710M | $692M | $680M | $725M | · | $730M | $752M | · | · | · | |
| Total Assets | $5.48B | $5.78B | $5.95B | $5.57B | $5.67B | $5.78B | $5.88B | $5.79B | $5.69B | $6.04B | · | $6.08B | $6.20B | · | · | · | |
| Accounts Payable | $526M | $475M | $496M | $459M | $558M | $439M | $416M | $479M | $503M | $854M | · | $419M | $452M | · | · | · | |
| Accrued Liabilities | · | · | $496M | · | · | · | $416M | · | · | · | · | · | · | · | · | · | |
| Current Liabilities | $714M | $672M | $703M | $666M | $772M | $724M | $605M | $709M | $686M | $1.04B | · | $624M | $624M | · | · | · | |
| Capital Leases | $108M | $113M | $112M | $118M | $122M | $126M | $130M | $135M | $143M | $148M | · | $140M | $145M | · | · | · | |
| Deferred Tax | $141M | $57M | $213M | $236M | $193M | $196M | $335M | $288M | $263M | $258M | · | $376M | $387M | · | · | · | |
| Other Non-current Liabilities | $170M | $177M | $180M | $184M | $199M | $189M | $195M | $195M | $198M | $200M | · | $207M | $212M | · | · | · | |
| Total Liabilities | $5.18B | $5.38B | $5.58B | $5.29B | $5.38B | $5.41B | $5.37B | $5.44B | $5.41B | $5.77B | · | $5.50B | $5.56B | · | · | · | |
| Long-term Debt | · | · | $4.35B | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Retained Earnings | $-263M | $-169M | $-171M | $-263M | $-244M | $-163M | $10M | $-149M | $-227M | $-227M | · | $122M | $184M | · | · | · | |
| AOCI | · | · | $0 | $1M | $1M | $1M | $2M | $-2M | $6M | $5M | · | $9M | $7M | · | · | · | |
| Stockholders' Equity | $380M | $467M | $443M | $347M | $361M | $436M | $583M | $415M | $340M | $333M | · | $646M | $702M | · | · | · | |
| Liabilities + Equity | $5.48B | $5.78B | $5.95B | $5.57B | $5.67B | $5.78B | $5.88B | $5.79B | $5.69B | $6.04B | · | $6.08B | $6.20B | · | · | · |
Cash Flow 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $68M | $65M | $66M | $62M | $59M | $62M | $61M | $63M | $63M | $63M | $67M | $66M | $73M | $65M | $66M | $67M | |
| Stock-based Comp | $12M | $21M | $9M | $9M | $11M | $22M | $6M | $8M | $10M | $27M | $3M | $6M | $13M | $23M | $4M | $8M | |
| Amort. of Intangibles | $42M | $39M | $37M | $37M | $35M | $36M | $36M | $37M | $38M | $38M | $42M | $42M | $41M | $41M | $42M | $43M | |
| Other Non-cash | · | $-63M | · | · | · | $77M | · | · | · | $-117M | · | · | · | · | · | · | |
| Operating Cash Flow | $66M | $43M | $98M | $-36M | $122M | $5M | $198M | $210M | $-306M | $-4M | $92M | $1M | $80M | $62M | $341M | $251M | |
| CapEx | $20M | $15M | $19M | $22M | $17M | $16M | $23M | $17M | $23M | $21M | $22M | $30M | $20M | $20M | $31M | $29M | |
| Investing Cash Flow | $15M | $-24M | $-27M | $-28M | $-23M | $-42M | $-9M | $-24M | $56M | $54M | $-45M | $-32M | $173M | $-44M | $-29M | $-23M | |
| Debt Issued | $0 | $0 | $375M | $0 | $0 | $1.43B | $0 | $0 | $0 | $0 | $0 | $0 | · | · | $0 | $0 | |
| Net Debt Issued | · | $0 | · | · | · | $1.43B | · | · | · | · | · | · | · | · | · | · | |
| Stock Repurchased | · | · | · | · | · | · | $0 | $0 | $0 | $0 | $0 | $0 | $100M | $53M | $6M | $10M | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | $0 | · | · | · | · | · | · | |
| Dividends Paid | $18M | $18M | $17M | $18M | $17M | $17M | $17M | $16M | $17M | $16M | $15M | $16M | $16M | $18M | $17M | $17M | |
| Financing Cash Flow | $-321M | $-41M | $269M | $-26M | $-114M | $-29M | $-28M | $-28M | $-27M | $-57M | $-28M | $-54M | $-148M | $-279M | $-35M | $-41M | |
| Net Change in Cash | $-240M | $-22M | $340M | $-90M | $-15M | $-66M | $161M | $158M | $-277M | $-7M | $19M | $-85M | $105M | $-261M | $277M | $187M | |
| Free Cash Flow | · | $28M | · | · | · | $-11M | · | · | · | $-25M | · | · | · | · | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-115M | · | · | · | · | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 5.9% | 3.4% | · | 7.5% | 2.7% | 1.8% | · | 19.5% | 7.7% | 5.3% | · | 4.8% | -0.39% | · | · | · | |
| Net Margin | -9.0% | 2.5% | · | -0.13% | -8.2% | -20.1% | · | 10.2% | 2.1% | 2.9% | · | -6.0% | -11.6% | · | · | · | |
| Pretax Margin | 4.2% | -17.0% | · | 0.00% | -9.7% | -25.8% | · | 13.6% | 2.9% | 2.6% | · | -7.4% | -13.9% | · | · | · | |
| EBITDA Margin | 14.1% | 11.4% | · | 15.5% | 10.2% | 9.8% | · | 26.4% | 15.3% | 13.2% | · | 13.4% | 9.1% | · | · | · | |
| ROA | -1.4% | 0.35% | · | -0.02% | -1.1% | -2.6% | · | 1.6% | 0.29% | 0.76% | · | -1.5% | -2.9% | · | · | · | |
| ROE | -20.5% | 4.4% | · | -0.26% | -18.3% | -40.6% | · | 17.7% | 3.3% | 13.8% | · | -14.2% | -25.4% | · | · | · | |
| ROIC | -28.9% | -0.89% | · | · | 4.8% | 2.5% | · | 33.1% | 14.9% | 15.0% | · | 4.5% | -0.35% | · | · | · |
Liquidity & Solvency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.9 | 2.4 | · | 2.0 | 1.9 | 2.1 | · | 1.9 | 1.8 | 1.4 | · | 2.3 | 2.4 | · | · | · | |
| Quick Ratio | 1.8 | 2.2 | · | 1.7 | 1.6 | 1.8 | · | 1.6 | 1.5 | 1.2 | · | 2.0 | 2.1 | · | · | · | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 0.6 | · | 0.5 | -0.0 | · | · | · |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.2 | 0.1 | 0.3 | · | 0.3 | 0.2 | · | · | · | |
| Receivables Turnover | 1.3 | 1.2 | · | 1.2 | 1.2 | 1.2 | · | 1.5 | 1.3 | 2.5 | · | 2.6 | 2.6 | · | · | · |
Valuation (TTM) 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.20B | $3.14B | · | $3.25B | $3.31B | $3.32B | · | $3.31B | $3.16B | $3.11B | · | $3.15B | $3.22B | · | · | · | |
| Net Income TTM | $-121M | $-201M | · | $-127M | $-109M | $-22M | · | $88M | $-95M | $73M | · | $71M | $106M | · | · | · | |
| P/E | -8.3 | -4.4 | · | -8.4 | -9.2 | -63.7 | · | 11.7 | -8.9 | 15.5 | · | 13.4 | 9.8 | · | · | · | |
| Earnings Yield | -12.0% | -22.8% | · | -11.9% | -10.9% | -1.6% | · | 8.6% | -11.2% | 6.5% | · | 7.5% | 10.2% | · | · | · | |
| Payout Ratio | · | 90.0% | · | · | · | -10.9% | · | · | · | 69.6% | · | · | · | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $3.17B | $3.55B | $3.13B | $3.93B | $6.13B |
| Operating Margin % | 5.5% | 15.5% | -10.6% | — | — |
| Net Income | $-112M | $310M | $-291M | $2.65B | $-414M |
| Diluted EPS | $-1.61 | $4.69 | $-4.46 | $37.54 | $-5.51 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.0 | 0.1 | 0.1 | — | — |
| Current Ratio | 2.4 | 2.5 | 1.3 | — | — |
| Quick Ratio | 2.2 | 2.2 | 1.2 | — | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $115M | $14M | $143M | — | — |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 197 filers · $434.4M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 39 (+4 vs prior Q) | 19 (-13 vs prior Q) | 72 (+23 vs prior Q) | 38 (-14 vs prior Q) | +5.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| GAMCO INVESTORS, INC. ET AL | $56,088,014 | 3,936,001 | 12.91% | Shares |
| VANGUARD GROUP INC | $55,130,169 | 3,603,279 | 12.69% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $27,354,742 | 1,919,631 | 6.30% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $25,161,895 | 1,765,747 | 5.79% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $23,469,736 | 1,646,999 | 5.40% | Shares |
| CAPITAL MANAGEMENT CORP /VA | $20,077,993 | 1,408,982 | 4.62% | Shares |
| Madison Avenue Partners, LP | $19,714,448 | 1,383,470 | 4.54% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $17,827,477 | 1,251,051 | 4.10% | Shares |
| GABELLI FUNDS LLC | $15,414,225 | 1,081,700 | 3.55% | Shares |
| GOLDMAN SACHS GROUP INC | $14,858,945 | 1,042,733 | 3.42% | Shares |
| STATE STREET CORP | $14,351,731 | 1,007,139 | 3.30% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $13,558,108 | 951,220 | 3.12% | Shares |
| Empyrean Capital Partners, LP | $13,459,025 | 944,493 | 3.10% | Shares |
| Converium Capital Inc. | $10,981,264 | 770,615 | 2.53% | Shares |
| PINNACLE ASSOCIATES LTD | $10,565,415 | 741,433 | 2.43% | Shares |
| Schonfeld Strategic Advisors LLC | $9,975,000 | 700,000 | 2.30% | Shares |
| FOURSIXTHREE CAPITAL LP | $8,242,927 | 578,451 | 1.90% | Shares |
| Bank of New York Mellon Corp | $5,099,092 | 357,831 | 1.17% | Shares |
| Allianz Asset Management GmbH | $4,072,565 | 285,794 | 0.94% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $3,929,609 | 275,762 | 0.90% | Shares |
| ExodusPoint Capital Management, LP | $3,146,158 | 220,783 | 0.72% | Shares |
| Qube Research & Technologies Ltd | $2,864,507 | 201,018 | 0.66% | Shares |
| JB CAPITAL PARTNERS LP | $2,778,750 | 195,000 | 0.64% | Shares |
| Trexquant Investment LP | $2,760,524 | 193,721 | 0.64% | Shares |
| ALGERT GLOBAL LLC | $2,525,385 | 177,220 | 0.58% | Shares |
| TUDOR INVESTMENT CORP ET AL | $2,393,587 | 167,971 | 0.55% | Shares |
| Kennondale Capital Management LLC | $2,191,872 | 153,816 | 0.50% | Shares |
| FIRST TRUST ADVISORS LP | $1,972,228 | 138,402 | 0.45% | Shares |
| Advisors Asset Management, Inc. | $1,834,779 | 113,679 | 0.42% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $1,709,174 | 119,942 | 0.39% | Shares |
| BANK OF AMERICA CORP /DE/ | $1,531,932 | 107,504 | 0.35% | Shares |
| LPL Financial LLC | $1,411,497 | 99,052 | 0.32% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $1,396,238 | 97,982 | 0.32% | Shares |
| XTX Topco Ltd | $1,330,366 | 93,359 | 0.31% | Shares |
| BlackRock, Inc. | $1,272,155 | 89,274 | 0.29% | Shares |
| Squarepoint Ops LLC | $1,197,071 | 84,005 | 0.28% | Shares |
| AMERICAN CENTURY COMPANIES INC | $1,095,683 | 76,890 | 0.25% | Shares |
| PDT Partners, LLC | $1,002,473 | 70,349 | 0.23% | Shares |
| Swiss National Bank | $992,513 | 69,650 | 0.23% | Shares |
| Campbell & CO Investment Adviser LLC | $890,141 | 62,466 | 0.20% | Shares |
| RHUMBLINE ADVISERS | $815,349 | 57,218 | 0.19% | Shares |
| BEACON INVESTMENT ADVISORS LLC | $789,441 | 55,399 | 0.18% | Shares |
| Y-Intercept (Hong Kong) Ltd | $788,310 | 55,320 | 0.18% | Shares |
| JPMORGAN CHASE & CO | $773,058 | 55,337 | 0.18% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $772,350 | 54,200 | 0.18% | Shares |
| Point72 Asset Management, L.P. | $769,486 | 53,999 | 0.18% | Shares |
| Vanguard Global Advisers, LLC | $728,774 | 51,142 | 0.17% | Shares |
| Quantinno Capital Management LP | $628,165 | 44,081 | 0.14% | Shares |
| Graham Capital Management, L.P. | $622,269 | 43,668 | 0.14% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $619,946 | 43,505 | 0.14% | Shares |
| Indivisible Partners | $617,829 | 43,356 | 0.14% | Shares |
| DEUTSCHE BANK AG\ | $614,774 | 43,142 | 0.14% | Shares |
| Advyzon Investment Management, LLC | $591,453 | 41,506 | 0.14% | Shares |
| ALLIANCEBERNSTEIN L.P. | $574,885 | 44,427 | 0.13% | Shares |
| MORGAN STANLEY | $558,258 | 39,176 | 0.13% | Shares |
| Balyasny Asset Management L.P. | $553,613 | 38,850 | 0.13% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $526,124 | 36,921 | 0.12% | Shares |
| ALTFEST L J & CO INC | $498,697 | 34,996 | 0.11% | Shares |
| CITADEL ADVISORS LLC | $458,280 | 32,160 | 0.11% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $452,214 | 34,947 | 0.10% | Shares |
| Optimize Financial Inc | $433,089 | 33,469 | 0.10% | Shares |
| GABELLI & Co INVESTMENT ADVISERS, INC. | $413,250 | 29,000 | 0.10% | Shares |
| Teton Advisors, LLC | $410,400 | 28,800 | 0.09% | Shares |
| CITADEL ADVISORS LLC | $401,850 | 28,200 | 0.09% | Put option |
| D. E. Shaw & Co., Inc. | $401,480 | 28,174 | 0.09% | Shares |
| Teton Advisors, Inc. | $398,016 | 28,800 | 0.09% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $392,174 | 27,521 | 0.09% | Shares |
| ARISTEIA CAPITAL, L.L.C. | $382,370 | 26,833 | 0.09% | Shares |
| OSAIC HOLDINGS, INC. | $372,833 | 26,162 | 0.09% | Shares |
| Skopos Labs, Inc. | $355,669 | 27,486 | 0.08% | Shares |
| Empowered Funds, LLC | $354,896 | 24,905 | 0.08% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $354,896 | 24,905 | 0.08% | Shares |
| MetLife Investment Management, LLC | $351,989 | 24,701 | 0.08% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $342,000 | 24,000 | 0.08% | Put option |
| Cresset Asset Management, LLC | $336,340 | 23,603 | 0.08% | Shares |
| PRUDENTIAL FINANCIAL INC | $329,275 | 23,107 | 0.08% | Shares |
| Russell Investments Group, Ltd. | $302,527 | 21,230 | 0.07% | Shares |
| Brevan Howard Capital Management LP | $300,248 | 21,070 | 0.07% | Shares |
| Cetera Investment Advisers | $287,166 | 20,152 | 0.07% | Shares |
| Engineers Gate Manager LP | $286,995 | 20,140 | 0.07% | Shares |
| FOX RUN MANAGEMENT, L.L.C. | $284,245 | 19,947 | 0.07% | Shares |
| EntryPoint Capital, LLC | $283,888 | 19,922 | 0.07% | Shares |
| JANE STREET GROUP, LLC | $279,300 | 19,600 | 0.06% | Put option |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $277,319 | 19,461 | 0.06% | Shares |
| Verdence Capital Advisors LLC | $270,978 | 19,016 | 0.06% | Shares |
| Steward Partners Investment Advisory, LLC | $270,172 | 18,959 | 0.06% | Shares |
| Ruane, Cunniff & Goldfarb L.P. | $255,916 | 17,959 | 0.06% | Shares |
| JANUS HENDERSON GROUP PLC | $255,518 | 19,754 | 0.06% | Shares |
| JANE STREET GROUP, LLC | $250,800 | 17,600 | 0.06% | Call option |
| JANE STREET GROUP, LLC | $249,418 | 17,503 | 0.06% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $244,559 | 17,162 | 0.06% | Shares |
| WOLVERINE TRADING, LLC | $244,524 | 16,400 | 0.06% | Call option |
| Odyssean, LLC | $241,723 | 16,963 | 0.06% | Shares |
| Invesco Ltd. | $238,773 | 16,756 | 0.05% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $217,740 | 15,280 | 0.05% | Shares |
| Nebula Research & Development LLC | $210,562 | 15,236 | 0.05% | Shares |
| Police & Firemen's Retirement System of New Jersey | $201,908 | 14,169 | 0.05% | Shares |
| Walleye Trading LLC | $190,950 | 13,400 | 0.04% | Call option |
| Waverly Advisors, LLC | $190,187 | 13,346 | 0.04% | Shares |
| CHOREO, LLC | $188,370 | 13,219 | 0.04% | Shares |
Company insiders 17 insiders · 2 officers · 7 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| David R Bochenek | SVP/Chief Accounting Officer | June 24, 2026 J | 17,581 | 0 | 0 | $0 |
| DAVID D. SMITH | Executive Chairman | March 30, 2026 A | 1,380,525 | 1 | 0 | $1,500,135 |
| Daniel C Keith | Director | July 2, 2026 S | 25,122 | 0 | 4 | $-805,540 |
| Laurie R Beyer | Director | June 4, 2026 A | 84,208 | 0 | 0 | $0 |
| Benson E Legg | Director | June 4, 2026 A | 56,760 | 0 | 1 | $-459,900 |
| Howard E Friedman | Director | June 4, 2026 A | 94,780 | 0 | 0 | $0 |
| Robert E Smith | Director | June 4, 2026 A | 114,808 | 0 | 0 | $0 |
| Benjamin Carson SR | Director | June 4, 2026 A | 77,660 | 0 | 0 | $0 |
| David B Gibber | — | Aug. 10, 2026 I | 184,244 | 0 | 2 | $-401,874 |
| Duncan J Smith | — | March 6, 2026 A | 185 | 0 | 0 | $0 |
| Frederick G Smith | — | June 24, 2025 G | 100,000 | 0 | 0 | $0 |
| Jason Ryan Smith | — | March 8, 2025 F | 190,918 | 0 | 0 | $0 |
| Christopher Ripley | — | March 8, 2025 F | 614,341 | 0 | 0 | $0 |
| Jeffrey Edward Lewis | — | Feb. 28, 2025 F | 21,958 | 0 | 0 | $0 |
| Justin Leroy Bray | — | Feb. 28, 2025 A | 42,575 | 0 | 0 | $0 |
| Robert Weisbord | — | Feb. 28, 2025 F | 226,812 | 0 | 0 | $0 |
| Lucy Rutishauser | — | Feb. 28, 2025 F | 170,068 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 4 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| DAVID D. SMITH, FREDERICK G. SMITH, J. DUNCAN SMITH, ROBERT E. SMITH ×2 filings | May 8, 2026 | 0.00% | Amendment | — | SEC |
| GAMCO INVESTORS, INC. ET AL, GABELLI FUNDS LLC, GAMCO Asset Management Inc., GABELLI & Co INVESTMENT ADVISERS, INC., GABELLI FOUNDATION, INC., MJG ASSOCIATES, INC., Teton Advisors, LLC, GGCP, INC., Associated Capital Group, Inc., GABELLI MARIO J ×3 filings | April 2, 2026 | 8.00% | Amendment | — | SEC |
| Sinclair, Inc. ×5 filings | Jan. 16, 2026 | 9.90% | Amendment | — | SEC |
| Gabelli Funds, LLC I.D. No ., GAMCO Asset Management, Inc. I.D. No ., MJG Associates, Inc. I.D. No ., Gabelli & Company Investment Advisers, Inc. I.D. No ., Teton Advisors, LLC I.D. No ., Gabelli Foundation, Inc. I.D. No ., GGCP, Inc. I.D. No ., GAMCO Investors, Inc. I.D. No ., Associated Capital Group, Inc. I.D. No., Mario J. Gabelli | Jan. 18, 2024 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 42 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| BSJR · Invesco Exchange-Traded Self-Indexe… | 0.69% | 5,195,000 | Aug. 8, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.14% | 928,348 NS | May 31, 2026 | N-PORT |
| EBIT · Harbor ETF Trust | 0.13% | 926 NS | April 30, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.06% | 33,548 SH | Aug. 8, 2026 | Daily |
| IWN · iShares Trust | 0.04% | 408,466 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.04% | 36,717 SH | Aug. 8, 2026 | Daily |
| FCOM · FIDELITY COVINGTON TRUST | 0.03% | 38,993 NS | April 30, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.03% | 68,245 NS | May 31, 2026 | N-PORT |
| VOX · VANGUARD WORLD FUND | 0.03% | 124,795 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.03% | 55,240 SH | Aug. 8, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.02% | 188,681 NS | April 30, 2026 | N-PORT |
| IWM · iShares Trust | 0.02% | 1,106,666 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.02% | 243,031 SH | Aug. 8, 2026 | Daily |
| EBI · RBB Fund Trust | 0.02% | 9,325 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.02% | 16,725 NS | April 30, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.02% | 156,534 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.01% | 1,817 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.01% | 187,377 NS | May 31, 2026 | N-PORT |
| FNDB · SCHWAB STRATEGIC TRUST | 0.01% | 10,527 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 484,203 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.01% | 885,737 SH | Aug. 8, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.01% | 562,732 SH | Aug. 8, 2026 | Daily |
| SMLF · iShares Trust | 0.01% | 27,239 SH | Aug. 8, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.01% | 2,140 NS | April 30, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.01% | 39,948 NS | April 30, 2026 | N-PORT |
| UWM · ProShares Trust | 0.01% | 1,422 NS | May 31, 2026 | N-PORT |
| WSML · iShares Trust | 0.01% | 2,729 SH | Aug. 8, 2026 | Daily |
| URTY · ProShares Trust | 0.01% | 1,442 NS | May 31, 2026 | N-PORT |
| NEAR · iShares U.S. ETF Trust | 0.01% | 232,000 SH | Aug. 8, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.00% | 125,923 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 5,764 NS | April 30, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 5,940 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 1,661 NS | May 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.00% | 23,233 NS | April 30, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 36 NS | May 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.00% | 13,018 NS | April 30, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 56,790 SH | Aug. 8, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 12,099 SH | Aug. 8, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.00% | 10,858 NS | April 30, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 22,849 NS | May 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,243,510 SH | Aug. 8, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 3,944 SH | Aug. 8, 2026 | Daily |