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Friday 6 November 2026 Export ECHO’s income statement to Excel — free account

EchoStar Corporation

ECHO Communication Services Telecom Services

EchoStar Corporation’s revenue for fiscal 2025 (year ended December 2025) was $15.0 billion, down 5.18% from fiscal 2024.

Revenue
−68.8%
EPS
+121.6%
Free cash flow
+133.3%
Total debt
−63.3%

Quarter to September 2026, against a year earlier

90.57 8.05 −8.16%
Market cap
$26.2B
P/E
2.7×
Fwd P/E
3.9×
Dividend yield
—
F-score
4/9
Altman Z
−0.80
Beneish M
−4.13
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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EchoStar Corporation (ECHO) Debt to equity

Alert me on Debt to equity

EchoStar Corporation's debt to equity at the end of the quarter to 30 September 2026 was 0.6×, down 3.9× from fiscal 2025 (4.5×). Over the past ten years it has ranged from 0.4× (fiscal 2021) to 4.5× (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Telecom Services industry median of 0.6× and above the Communication Services sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 4.5× 240.16%
FY2024 1.3× 15.16%
FY2023 1.1× 7.58%
FY2022 1.1× 139.33%
FY2021 0.4× (33.20%)
FY2020 0.7× 3.37%
FY2019 0.6× (19.31%)
FY2018 0.8× (8.57%)
FY2017 0.9× (4.63%)
FY2016 0.9× 57.37%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.6× (53.70%)
Jun 2026 1.2× (66.14%)
Mar 2026 3.6× (18.91%)
Dec 2025 4.5× 19.04%
43 more quarters

Against its own ten years

Low 0.4× High 4.5×
Ten-year median 0.9×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
CHT Chunghwa Telecom Co., Ltd. compare 0.1×
VIV Telefonica Brasil S.A. compare 0.3×
SKM SK Telecom Co., Ltd. compare 0.6×
ECHO EchoStar Corporation 0.6×
VOD Vodafone Group PLC compare 1.0×
ORANY Orange compare 1.4×
TELFY Telefonica SA compare 1.8×
TIGO Millicom International Cellular SA compare 3.5×
CHTR Charter Communications, Inc. compare 4.4×
Telecom Services industry median 0.6×
Communication Services sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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