Sirius XM Holdings Inc.

SIRI Communication Services Entertainment

Sirius XM Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.6 billion, down 1.62% from fiscal 2024.

Revenue
−0.28%
EPS
+6.90%
Free cash flow
+14.1%
Total debt
−7.55%

Quarter to September 2026, against a year earlier

33.51 2.71 +8.80%
Market cap
$10.4B
P/E
11.6×
Fwd P/E
9.7×
Dividend yield
4.37%
F-score
7/9
Altman Z
1.24
Beneish M
−2.52
Dividend safety
57/100

Sirius XM Holdings Inc. (SIRI) Operating margin

Alert me on Operating margin

Sirius XM Holdings Inc.'s operating margin over the twelve months to 30 September 2026 was 19.0%, up 1.8 percentage points from fiscal 2025 (17.2%). Over the past ten years it has ranged from −17.4% (fiscal 2024) to 30.3% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Entertainment industry median of 2.30% and above the Communication Services sector median of 0.58%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 17.2% 34.63
FY2024 −17.4% (37.63)
FY2023 20.2% (1.13)
FY2022 21.3% (1.85)
FY2021 23.2% 12.50
FY2020 10.7% (10.46)
FY2019 21.1% (8.80)
FY2018 29.9% (0.32)
FY2017 30.3% 1.71
FY2016 28.5% 2.75

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 22.3% 0.40
Jun 2026 21.9% 0.14
Mar 2026 21.7% 11.40
Dec 2025 10.3% (12.52)
43 more quarters

Against its own ten years

Low −17.4% High 30.3%
Ten-year median 21.3%
Current reading's percentile 26

Operating margin against peers

Company Operating margin
SIRI Sirius XM Holdings Inc. 19.0%
WMG Warner Music Group Corp. compare 13.7%
CNK Cinemark Holdings Inc compare 13.0%
NWS News Corporation compare 12.7%
NWSA News Corporation compare 12.7%
MSGK MSG Knickerbockers Corp. compare 2.50%
VSNT Versant Media Group, Inc. compare 0.00%
LLYVK Liberty Live Holdings, Inc. compare —
LLYVA Liberty Live Holdings, Inc. compare —
Entertainment industry median 2.30%
Communication Services sector median 0.58%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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