Saturday 17 October 2026 Export SBGI’s income statement to Excel — free account

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%

Follow SBGI

Alert me

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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 2.76

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	2	1	—	2	—	1	—	1	1	1	—

Insider Ownership 41.75%

Capital & Financial Ratios $m

Market Cap 918.44

Revenue 3,256.00

Net Income 61.00

Free Cash Flow 95.00

Net Debt 3,455.00

Current Ratio 1.94

Debt/Equity 13.35

P/E ratio 16.47

Fwd P/E 7.05

P/S ratio 0.28

P/B ratio 2.97

Past 5Y EPS Growth —

This Y EPS Growth 174.87%

Next Y EPS Growth (203.46%)

Next Y revenue growth 11.08%

Next 5Y EPS Growth 5.47%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 80.47%

10-year low 10-year high

P/S against its own 10 years 16.84%

10-year low 10-year high

P/B against its own 10 years 62.36%

10-year low 10-year high

EV/Sales against its own 10 years 20.38%

10-year low 10-year high

EV/FCF against its own 10 years 87.63%

10-year low 10-year high

Dividends

Payout Ratio 1.33

Annual Dividend Rate 1.00

Annual Dividend Yield 7.99%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.00	0.25 0.25 0.25
2025	1.00	0.25 0.25 0.25 0.25
2024	1.00	0.25 0.25 0.25 0.25
2023	1.00	0.25 0.25 0.25 0.25
2022	1.00	0.25 0.25 0.25 0.25
2021	0.80	0.20 0.20 0.20 0.20
2020	0.80	0.20 0.20 0.20 0.20
2019	0.80	0.20 0.20 0.20 0.20
2018	0.74	0.18 0.18 0.18 0.20
2017	0.72	0.18 0.18 0.18 0.18
2016	0.71	0.17 0.18 0.18 0.18

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	662	697	866	604
Receivables	624	642	687	647
Inventory	—	—	—	—
Other	—	—	—	—
	1,475	1,485	1,700	1,388

	2023	2024	2025	Q'26
Payables	913	416	496	526
ST’ Debt	36	38	25	23
Other	57	60	67	74
	1,103	605	703	714

Compound Annual Growth %

	10y	5y	3y
Sales	3.63%	(11.82%)	(6.91%)
Cash Flow	(7.29%)	(34.33%)	(38.15%)
Earnings	0.00%	0.00%	0.00%
Book Value	(2.96%)	0.00%	(18.40%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	807	840	—	—	—
’25	776	784	773	836	3,169
’24	798	829	917	1,004	3,548
’23	773	768	767	826	3,134
’22	1,288	837	843	960	3,928
’21	1,511	1,612	1,535	1,476	6,134
’20	1,609	1,283	1,539	1,512	5,943

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	43	66	—	—	—
’25	5	122	(36)	98	189
’24	(4)	(306)	210	198	98
’23	62	80	1	92	235
’22	70	137	251	341	799
’21	(206)	194	247	92	327
’20	(39)	373	505	709	1,548

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	28	46	—	—	—
’25	(11)	105	(58)	79	115
’24	(25)	(329)	193	175	14
’23	42	60	(29)	70	143
’22	53	109	222	310	694
’21	(198)	187	227	74	290
’20	(67)	322	490	682	1,427

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.28	(1.06)	—	—	—
’25	(2.30)	(0.91)	(0.02)	1.55	(1.62)
’24	0.35	0.27	1.43	2.61	4.69
’23	2.64	(1.38)	(0.74)	(5.35)	(4.46)
’22	35.39	(0.17)	0.32	0.79	37.54
’21	(0.16)	(4.41)	0.25	(1.18)	(5.51)
’20	1.35	3.12	(42.66)	6.27	(30.20)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	24.15	26.70	25.13	25.92	10.58	22.44	14.37	9.39	11.13	11.89	Analyst estimates 2026–2028 Powerpack
	High	34.75	43.05	40.15	66.57	34.31	39.60	31.04	22.41	18.45	17.88
People
People	Employees	8,400	8,900	9,000	11,800	11,600	11,500	7,900	7,300	7,200	7,100
	Revenue/emp, $m	0.31	0.30	0.34	0.36	0.51	0.53	0.50	0.43	0.49	0.45
Income, $m
Income, $m	Revenue	2,623	2,636	3,055	4,240	5,943	6,134	3,928	3,134	3,548	3,169
	Gross margin, %	60.33	56.79	57.02	47.43	52.45	29.12	49.44	47.03	51.69	46.32
	EBT	373	519	310	9	(3,149)	(499)	3,614	(637)	395	(153)
	EBT margin, %	14.22	19.69	10.15	0.21	(52.99)	(8.13)	92.01	(20.33)	11.13	(4.83)
	Net income	251	594	346	105	(2,429)	(326)	2,701	(279)	319	(99)
	Depreciation	410	392	381	1,151	6,102	3,034	737	351	324	323
Per share, $
Per share, $	Revenue	28.03	26.40	30.27	46.08	74.36	81.73	55.60	48.12	53.94	45.85
	Earnings	2.62	5.77	3.38	0.52	(30.20)	(5.51)	37.54	(4.46)	4.71	(1.62)
	Cash flow	6.54	4.33	6.41	9.95	19.37	4.36	11.31	3.61	1.49	2.73
	Capex	(0.83)	1.11	(1.02)	(1.61)	(1.51)	(0.49)	(1.49)	(1.41)	(1.28)	(1.07)
	Free cash flow	5.71	5.44	5.39	8.35	17.85	3.86	9.82	2.20	0.21	1.66
	Book value	5.96	15.37	15.86	18.41	(14.83)	(22.73)	9.64	3.39	7.84	5.35
	Shares, m	94	100	101	92	80	75	71	65	66	69
Valuation, ×
Valuation, ×	P/E	12.77	6.51	7.66	65.37	0.00	0.00	0.42	0.00	3.44	0.00
	P/S	1.21	1.41	0.87	0.72	0.43	0.32	0.28	0.28	0.30	0.33
	P/B	5.68	2.42	1.66	1.81	0.00	0.00	1.59	3.98	2.06	2.86
	EV/Sales	2.71	2.57	1.80	3.34	2.33	2.20	1.14	1.40	1.27	1.44
	EV/FCF	13.31	12.46	10.09	18.45	9.70	46.58	6.43	30.71	320.98	39.78
Cash, $m
Cash, $m	Operating cash flow	612	432	647	916	1,548	327	799	235	98	189
	Capex	(77)	111	(103)	(148)	(121)	(37)	(105)	(92)	(84)	(74)
	Free cash flow	534	543	544	768	1,427	290	694	143	14	115
Balance, $m
Balance, $m	Working capital	269	988	1,211	1,779	2,183	1,269	1,075	372	880	997
	Total debt	4,204	4,049	3,893	12,438	12,551	12,340	4,265	4,175	4,129	4,383
	Net debt	3,944	3,054	2,833	11,105	11,292	11,524	3,381	3,513	3,432	3,517
	Shareholders’ equity	558	1,534	1,600	1,694	(1,185)	(1,706)	681	221	516	370
Returns, %
Returns, %	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
	ROE	46.39	55.06	21.76	2.85	(948.53)	28.64	(517.46)	(64.52)	84.12	(25.28)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NXST Nexstar Media Group, Inc.	$5.1B	30.4×	5.6×	+62.16% (above 0%: growing)	+18.12% (above 0%: growing)	+21.00% (above 0%: growing)	100.00%	18.16%	Compare
NMAX Newsmax Inc.	$1.2B	167×	— (loss-making)	+16.53% (above 0%: growing)	n/m	+94.72% (above 0%: growing)	43.12%	2.41%	Compare
FUBO fuboTV Inc.	$919.4M	— (loss-making)	9.5×	+37.99% (above 0%: growing)	n/m	+83.25% (above 0%: growing)	7.28%	(1.80%)	Compare
SBGI Sinclair, Inc.	$918.4M	16.5×	7.1×	+7.14% (above 0%: growing)	n/m	−56.19% (below 0%: shrinking)	47.98%	5.95%
GTN.A Gray Media Inc.	$671.6M	— (loss-making)	2.2×	+8.68% (above 0%: growing)	n/m	+2,750.00% (above 0%: growing)	29.56%	16.21%	Compare
GTN Gray Media Inc.	$468.7M	— (loss-making)	2.2×	+8.68% (above 0%: growing)	n/m	+2,750.00% (above 0%: growing)	29.56%	16.21%	Compare
IHRT iHeartMedia, Inc.	$323.0M	— (loss-making)	— (loss-making)	+4.67% (above 0%: growing)	n/m	+448.77% (above 0%: growing)	59.01%	3.63%	Compare
SSP E.W. Scripps Company (The)	$262.3M	— (loss-making)	4.6×	−9.20% (below 0%: shrinking)	n/m	−117.88% (below 0%: shrinking)	40.03%	(236.04%)	Compare
CURI CuriosityStream Inc.	$160.8M	261×	27.8×	+22.26% (above 0%: growing)	+1,002.94% (above 0%: growing)	−249.16% (below 0%: shrinking)	72.84%	39.49%	Compare
Median of peers	$570.1M	167×	5.1×	+12.61%	—	+88.99%	41.58%	9.92%

All 17 Broadcasting stocks →

Sinclair, Inc. (SBGI) key facts

Concern: Sinclair, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, down 10.7% from fiscal 2024.
Concern: Sinclair, Inc. reported a net loss of $99.0 million, or a loss of $1.62 per share, for fiscal 2025.
Sinclair, Inc. (SBGI) is a Broadcasting company in the Communication Services sector, listed on Nasdaq.
As of October 16, 2026, SBGI traded at $12.52, a market capitalization of $918.4 million.
At that price the stock trades at 16.5× trailing-twelve-month earnings and 0.3× sales; its P/E is higher than 80% of its own readings over the past ten years.
Sinclair, Inc. pays an annual dividend of $1.00 per share, a yield of 7.99%, with a payout ratio of 133.3%.
Return on equity was −25.3% and debt-to-equity 13.35.
Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 0.90 (distress zone) for fiscal 2025.