Sinclair, Inc.

SBGI Communication Services Broadcasting

Sinclair, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, down 10.7% from fiscal 2024. In the quarter to June 2026, revenue grew 7.14%, EPS fell 16.5%, free cash flow fell 56.2% and total debt fell 1.14%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

12.52 0.18 −1.42%
Market cap
$918.4M
P/E
16.5×
Fwd P/E
7.1×
Dividend yield
7.99%
F-score
2/9
Altman Z
0.90
Beneish M
−2.62
Dividend safety
26/100
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
12.77 6.51 7.66 65.37 0.00 0.00 0.42 0.00 3.44 0.00
Piotroski F-Score
7 5 7 4 7 5 7 4 6 2
Altman Z-Score
1.11 1.41 1.45 0.61 (0.15) 0.44 2.87 0.44 1.21 0.90
P/S ratio
1.21 1.41 0.87 0.72 0.43 0.32 0.28 0.28 0.30 0.33
P/FCF ratio
5.93 6.83 4.89 3.99 1.78 6.84 1.56 6.15 75.84 9.20
Altman Z″-Score (non-manufacturers)
0.94 2.11 2.48 1.06 (0.89) (0.05) 5.22 (0.05) 1.72 1.27
Beneish M-Score
(2.56) (2.22) (2.68) (1.81) (3.91) (2.22) (1.93) (2.93) (2.23) (2.62)
P/Operating CF
11.26 24.12 9.70 7.27 3.59 21.56 3.17 9.56 5.36 10.79
Dividend Safety Score
— — — — — — — — — 26
P/B ratio
5.68 2.42 1.66 1.81 0.00 0.00 1.59 3.98 2.06 2.86
Price to Tangible BV
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales
2.71 2.57 1.80 3.34 2.33 2.20 1.14 1.40 1.27 1.44
EV/EBITDA
7.02 5.99 5.27 8.74 4.16 4.32 0.95 219.61 5.14 9.22
EV/Operating CF
11.63 15.66 8.49 15.47 8.94 41.31 5.59 18.69 45.85 24.20
EV/FCF
13.31 12.46 10.09 18.45 9.70 46.58 6.43 30.71 320.98 39.78
Quick Ratio
1.22 2.19 2.90 2.26 2.47 1.84 2.47 1.17 2.21 2.21
Current Ratio
1.42 2.36 3.11 2.57 3.11 2.06 2.77 1.34 2.45 2.42
Net Debt/EBITDA
3.89 2.71 2.72 6.85 3.39 3.68 0.72 175.65 3.92 7.09
Debt/Assets
70.50% 59.68% 59.24% 71.61% 93.79% 98.40% 63.62% 68.61% 70.16% 73.68%
Debt/Equity
7.53 2.64 2.43 7.34 (10.59) (7.23) 6.26 18.89 8.00 11.85
Asset Turnover
0.46 0.41 0.46 0.35 0.39 0.47 0.41 0.49 0.59 0.54
Operating CF/Net income
2.49 0.75 1.90 19.49 (0.64) (0.79) 0.30 (0.81) 0.32 (1.69)
Capex/Depreciation
(0.19) 0.28 (0.27) (0.13) (0.02) (0.01) (0.14) (0.26) (0.26) (0.23)
Interest Coverage
2.86 3.48 2.26 1.11 (4.23) 0.15 13.45 (1.09) 1.81 0.44
ROE
46.39% 55.06% 21.76% 2.85% (948.53%) 28.64% (517.46%) (64.52%) 84.12% (25.28%)
ROA
4.31% 9.04% 5.11% 0.39% (15.70%) (3.19%) 27.56% (4.55%) 5.18% (1.89%)
ROIC
8.37% 10.04% 9.31% 2.30% (17.14%) 0.60% 61.24% (5.54%) 8.72% 2.78%
Return on Tangible Assets
24.87% 33.36% 18.00% 1.85% (80.31%) (19.70%) 147.09% (26.77%) 19.56% (6.78%)
Average Days of Receivables
72.30 82.33 71.57 106.31 79.23 83.13 57.33 72.67 66.05 79.13
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
21.93% 24.54% 24.26% 26.39% 16.49% 17.57% 24.75% 45.98% 27.59% 31.27%
Intangible Assets out of Total Assets
0.69 0.60 0.59 0.74 0.59 0.58 0.47 0.49 0.49 0.47
Share Based Compensation of Revenue
0.65% 0.61% 0.85% 0.78% 0.87% 0.98% 1.27% 1.44% 1.44% 1.61%
Graham Net Nets
(1.42) (0.95) (1.20) (4.16) (4.46) (5.94) (4.01) (4.99) (3.66) (3.67)
Graham Number
18.86 44.43 35.03 14.53 103.48 53.04 88.78 0.00 28.77 0.00
Earnings Yield
7.83% 15.37% 13.06% 1.53% (100.78%) (20.81%) 237.21% (35.70%) 29.06% (10.92%)
Free Cash Flow Yield
16.87% 14.64% 20.47% 25.03% 56.06% 14.62% 64.12% 16.27% 1.32% 10.87%
Revenue per Share
28.03 26.40 30.27 46.08 74.36 81.73 55.60 48.12 53.94 45.85
Operating CF per Share
6.54 4.33 6.41 9.95 19.37 4.36 11.31 3.61 1.49 2.73
Capex per Share
(0.83) 1.11 (1.02) (1.61) (1.51) (0.49) (1.49) (1.41) (1.28) (1.07)
Free Cash Flow per Share
5.71 5.44 5.39 8.35 17.85 3.86 9.82 2.20 0.21 1.66
Cash per Share
2.78 9.96 10.50 14.49 15.75 10.87 12.51 10.17 10.60 12.53
Shareholders Equity per Share
5.96 15.37 15.86 18.41 (14.83) (22.73) 9.64 3.39 7.84 5.35
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
5.96 15.37 15.86 18.41 (14.83) (22.73) 9.64 3.39 7.84 5.35
Free Cash Flow
534.33 543.00 544.00 768.00 1,427.00 290.00 694.00 143.00 14.00 115.00
Working Capital
268.62 988.40 1,211.00 1,779.00 2,183.00 1,269.00 1,075.00 372.00 880.00 997.00
Capital Expenditures
(77.26) 111.00 (103.00) (148.00) (121.00) (37.00) (105.00) (92.00) (84.00) (74.00)
Net Current Asset Value
(4,500.14) (3,535.36) (3,188.00) (12,763.00) (11,350.00) (11,776.00) (4,340.00) (4,389.00) (3,884.00) (3,879.00)
EV/EBIT
11.80 9.18 8.32 30.15 0.00 142.19 1.12 0.00 8.16 26.44
Capex to Sales
0.03 (0.04) 0.03 0.03 0.02 0.01 0.03 0.03 0.02 0.02
Price to Operating Income
5.25 5.03 4.03 6.53 0.00 20.88 0.27 0.00 1.93 6.11
Other line items
Depreciation/Fixed assets
0.57 0.53 0.56 1.50 7.41 3.64 1.01 0.49 0.46 0.49
Cash ROIC
10.64% 8.26% 8.30% 4.97% 11.30% 2.53% 11.90% 2.83% 0.26% 2.05%
Accounts Receivable Turnover
5.55 4.73 5.12 4.62 4.71 4.57 3.90 5.05 5.61 4.77
Accounts Payable Turnover
3.59 3.26 3.75 4.01 4.30 7.32 3.78 2.53 2.58 3.73
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
115.27 118.70 91.74 128.05 68.84 54.99 72.96 200.75 88.59 106.43
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
472.44 557.03 596.81 917.00 1,262.50 1,343.50 1,007.00 620.50 633.00 664.50
Average Payables
289.93 349.47 350.20 556.00 657.50 594.00 526.00 655.00 664.50 456.00
Average Assets
5,697.74 6,373.82 6,678.24 11,971.00 15,376.00 12,961.50 9,622.50 6,394.50 5,985.00 5,917.00
Average Common Equity
528.81 1,046.15 1,567.18 1,647.00 254.50 (1,445.50) (512.50) 451.00 368.50 443.00

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