8-K Announcements
6Apr 30, 2026·SEC
Feb 25, 2026·SEC
Nov 5, 2025·SEC
Sinclair, Inc. (SBGI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Sinclair, Inc. (SBGI) stock price & volume — 10-year historical chart
Sinclair, Inc. (SBGI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Sinclair, Inc. (SBGI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.28vs $0.68+141.2% | $807Mvs $793M+1.8% |
| Q1 2026 | Feb 25, 2026 | $0.04vs $0.03+233.3% | $836Mvs $839M-0.3% |
| Q4 2025 | Nov 5, 2025 | $0.02vs $0.65+96.9% | $773Mvs $840M-8.0% |
| Q3 2025 | Aug 6, 2025 | $0.91vs $0.72-26.4% | $784Mvs $800M-2.0% |
Sinclair, Inc. (SBGI) competitors in Broadcast and Local TV Stations — business model, growth, and fundamentals comparison
Sinclair, Inc. (SBGI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Sinclair, Inc. (SBGI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.73B | 3.06B | 4.24B | 5.94B | 6.13B | 3.93B | 3.13B | 3.55B | 3.17B |
| Revenue Growth % | -0.1% | 11.74% | 38.79% | 40.17% | 3.21% | -35.96% | -20.21% | 13.21% | -10.68% |
| Cost of Goods Sold | 1.23B | 1.19B | 2.32B | 2.91B | 4.44B | 2.08B | 1.66B | 1.71B | 2.02B |
| COGS % of Revenue | 44.89% | 38.98% | 54.69% | 49% | 72.4% | 52.85% | 52.97% | 48.31% | 63.87% |
| Gross Profit | 1.51B▲ 0% | 1.86B▲ 23.7% | 1.92B▲ 3.1% | 3.03B▲ 57.8% | 1.69B▼ 44.1% | 1.85B▲ 9.4% | 1.47B▼ 20.4% | 1.83B▲ 24.4% | 1.15B▼ 37.6% |
| Gross Margin % | 55.11% | 61.02% | 45.31% | 51% | 27.6% | 47.15% | 47.03% | 51.69% | 36.13% |
| Gross Profit Growth % | -5% | 23.7% | 3.05% | 57.78% | -44.14% | 9.39% | -20.41% | 24.42% | -37.57% |
| Operating Expenses | 1.05B | 1.24B | 1.45B | 5.8B | 1.6B | -2.13B | 1.8B | 1.28B | 991M |
| OpEx % of Revenue | 38.34% | 40.73% | 34.22% | 97.64% | 26.05% | -54.18% | 57.59% | 36.16% | 31.27% |
| Selling, General & Admin | 762.31M | 841.89M | 1.12B | 980M | 1.08B | 972M | 1.44B | 979M | 806M |
| SG&A % of Revenue | 27.88% | 27.56% | 26.39% | 16.49% | 17.57% | 24.75% | 45.98% | 27.59% | 25.43% |
| Research & Development | 10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 0.37% | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 8.88M | 3.37M | 332M | 4.82B | 520M | -3.1B | 364M | 304M | 185M |
| Operating Income | 737.51M▲ 0% | 659.66M▼ 10.6% | 470M▼ 28.8% | -2.77B▼ 689.8% | 95M▲ 103.4% | 3.98B▲ 4089.5% | -331M▼ 108.3% | 551M▲ 266.5% | 154M▼ 72.1% |
| Operating Margin % | 26.97% | 21.59% | 11.08% | -46.64% | 1.55% | 101.32% | -10.56% | 15.53% | 4.86% |
| Operating Income Growth % | 22.34% | -10.56% | -28.75% | -689.79% | 103.43% | 4089.47% | -108.32% | 266.47% | -72.05% |
| EBITDA | 1.13B | 1.04B | 937M | -1.97B | 763M | 4.3B | -60M | 801M | 477M |
| EBITDA Margin % | 41.29% | 34.06% | 22.1% | -33.1% | 12.44% | 109.5% | -1.91% | 22.58% | 15.05% |
| EBITDA Growth % | 11.44% | -7.82% | -9.96% | -309.93% | 138.79% | 463.7% | -101.39% | 1435% | -40.45% |
| D&A (Non-Cash Add-back) | 391.45M | 380.99M | 467M | 805M | 668M | 321M | 271M | 250M | 323M |
| EBIT | 731.06M | 602M | 440M | 1.46B | 46M | 623M | -332M | 699M | 242M |
| Net Interest Income | -212M | -292M | -422M | -656M | -618M | -296M | -305M | -304M | -395M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 212.31M | 291.98M | 422M | 656M | 618M | 296M | 305M | 304M | 395M |
| Other Income/Expense | -218M | -350M | -269M | -377M | -594M | -366M | -306M | -156M | -307M |
| Pretax Income | 518.74M▲ 0% | 310.22M▼ 40.2% | 201M▼ 35.2% | -3.15B▼ 1666.7% | -499M▲ 84.2% | 3.61B▲ 824.2% | -637M▼ 117.6% | 395M▲ 162.0% | -153M▼ 138.7% |
| Pretax Margin % | 18.97% | 10.15% | 4.74% | -52.99% | -8.13% | 92.01% | -20.33% | 11.13% | -4.83% |
| Income Tax | -75.36M | -35.77M | 96M | -720M | -173M | 913M | -358M | 76M | -54M |
| Effective Tax Rate % | -14.53% | -11.53% | 47.76% | 22.86% | 34.67% | 25.26% | 56.2% | 19.24% | 35.29% |
| Net Income | 576.01M▲ 0% | 341.24M▼ 40.8% | 47M▼ 86.2% | -2.41B▼ 5236.2% | -414M▲ 82.9% | 2.65B▲ 740.6% | -291M▼ 111.0% | 310M▲ 206.5% | -112M▼ 136.1% |
| Net Margin % | 21.07% | 11.17% | 1.11% | -40.62% | -6.75% | 67.52% | -9.29% | 8.74% | -3.53% |
| Net Income Growth % | 134.82% | -40.76% | -86.23% | -5236.17% | 82.85% | 740.58% | -110.97% | 206.53% | -136.13% |
| Net Income (Continuing) | 594M | 346M | 105M | -2.43B | -326M | 2.7B | -279M | 319M | -99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -34.37M | -38.52M | 192M | 89M | 64M | -67M | -64M | -67M | -73M |
| EPS (Diluted) | 5.72▲ 0% | 3.35▼ 41.4% | 1.13▼ 66.3% | -30.20▼ 2772.6% | -5.52▲ 81.7% | 37.53▲ 779.9% | -4.47▼ 111.9% | 4.69▲ 204.9% | -1.61▼ 134.3% |
| EPS Growth % | 120% | -41.43% | -66.27% | -2772.57% | 81.72% | 779.89% | -111.91% | 204.92% | -134.33% |
| EPS (Basic) | 5.77 | 3.38 | 1.14 | -30.20 | -5.52 | 37.54 | -4.47 | 4.71 | -1.61 |
| Diluted Shares Outstanding | 100.79M | 101.72M | 93.19M | 79.92M | 75.05M | 70.66M | 65.13M | 66.1M | 69.12M |
| Basic Shares Outstanding | 99.84M | 100.91M | 92.02M | 79.92M | 75.05M | 70.65M | 65.13M | 65.78M | 69.12M |
| Dividend Payout Ratio | 12.39% | 21.85% | 155.32% | - | - | 2.64% | - | 21.29% | - |
Sinclair, Inc. (SBGI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.71B | 1.78B | 2.91B | 3.22B | 2.47B | 1.68B | 1.48B | 1.49B | 1.7B |
| Cash & Short-Term Investments | 681.33M | 1.06B | 1.33B | 1.26B | 816M | 884M | 662M | 697M | 866M |
| Cash Only | 681.33M | 1.06B | 1.33B | 1.26B | 816M | 884M | 662M | 697M | 866M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 666M | 599M | 1.24B | 1.29B | 1.4B | 617M | 624M | 642M | 687M |
| Days Sales Outstanding | 88.91 | 71.56 | 106.31 | 79.23 | 83.13 | 57.33 | 72.67 | 66.05 | 79.13 |
| Inventory | 313.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 93.12 | - | - | - | - | - | - | - | - |
| Other Current Assets | 412.65M | 0 | 232M | 170M | 173M | 182M | 189M | 146M | 147M |
| Total Non-Current Assets | 5.07B | 4.79B | 14.46B | 10.16B | 10.07B | 5.02B | 4.61B | 4.4B | 4.25B |
| Property, Plant & Equipment | 651.24M | 648.49M | 962M | 995M | 1.02B | 854M | 838M | 828M | 765M |
| Fixed Asset Turnover | 4.20x | 4.71x | 4.41x | 5.97x | 6.02x | 4.60x | 3.74x | 4.29x | 4.14x |
| Goodwill | 2.12B | 2.12B | 4.72B | 2.09B | 2.09B | 2.09B | 2.08B | 2.08B | 2.08B |
| Intangible Assets | 1.96B | 1.79B | 8.13B | 5.79B | 5.24B | 1.1B | 929M | 780M | 149M |
| Long-Term Investments | 184.25M | 117M | 511M | 901M | 1.08B | 555M | 515M | 430M | 604M |
| Other Non-Current Assets | 38.4M | 39.75M | 133M | 185M | 348M | 428M | 246M | 280M | 646M |
| Total Assets | 6.78B▲ 0% | 6.57B▼ 3.1% | 17.37B▲ 164.3% | 13.38B▼ 23.0% | 12.54B▼ 6.3% | 6.7B▼ 46.5% | 6.08B▼ 9.2% | 5.88B▼ 3.3% | 5.95B▲ 1.1% |
| Asset Turnover | 0.40x | 0.46x | 0.24x | 0.44x | 0.49x | 0.59x | 0.52x | 0.60x | 0.53x |
| Asset Growth % | 13.77% | -3.13% | 164.3% | -22.96% | -6.28% | -46.54% | -9.23% | -3.29% | 1.09% |
| Total Current Liabilities | 726.35M | 572.59M | 1.13B | 1.03B | 1.2B | 608M | 1.1B | 605M | 703M |
| Accounts Payable | 101.36M | 99M | 115M | 90M | 154M | 125M | 142M | 107M | 232M |
| Days Payables Outstanding | 30.14 | 30.34 | 18.1 | 11.28 | 12.66 | 21.98 | 31.22 | 22.79 | 41.84 |
| Short-Term Debt | 161.05M | 42.56M | 71M | 58M | 69M | 38M | 36M | 38M | 49M |
| Deferred Revenue (Current) | 133.86M | 83.27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 184.03M | 52.91M | 291M | 448M | 488M | 167M | 806M | 161M | 401M |
| Current Ratio | 2.36x | 3.12x | 2.57x | 3.11x | 2.06x | 2.77x | 1.34x | 2.45x | 2.42x |
| Quick Ratio | 1.93x | 3.12x | 2.57x | 3.11x | 2.06x | 2.77x | 1.34x | 2.45x | 2.42x |
| Cash Conversion Cycle | 151.89 | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.52B | 4.4B | 14.54B | 13.53B | 13.04B | 5.42B | 4.76B | 4.76B | 4.88B |
| Long-Term Debt | 3.89B | 3.81B | 12.37B | 12.49B | 12.27B | 4.23B | 4.12B | 4.06B | 4.33B |
| Capital Lease Obligations | 44.18M | 36.98M | 217M | 198M | 205M | 154M | 173M | 164M | 137M |
| Deferred Tax Liabilities | 515.24M | 413.25M | 407M | 0 | 0 | 610M | 252M | 335M | 213M |
| Other Non-Current Liabilities | 76.74M | 549.3M | 1.55B | 842M | 569M | 424M | 94M | 96M | 105M |
| Total Liabilities | 5.25B | 4.97B | 15.68B | 14.57B | 14.25B | 6.02B | 5.86B | 5.37B | 5.58B |
| Total Debt | 4.05B | 3.89B | 12.69B | 12.78B | 12.58B | 4.44B | 4.35B | 4.28B | 4.52B |
| Net Debt | 3.37B | 2.83B | 11.36B | 11.52B | 11.76B | 3.56B | 3.69B | 3.58B | 3.65B |
| Debt / Equity | 2.64x | 2.43x | 7.49x | - | - | 6.52x | 19.67x | 8.30x | 12.21x |
| Debt / EBITDA | 3.59x | 3.74x | 13.55x | - | 16.49x | 1.03x | - | 5.34x | 9.47x |
| Net Debt / EBITDA | 2.98x | 2.72x | 12.12x | - | 15.42x | 0.83x | - | 4.47x | 7.66x |
| Interest Coverage | 3.44x | 2.06x | 1.04x | 2.23x | 0.07x | 2.10x | -1.09x | 2.30x | 0.61x |
| Total Equity | 1.53B▲ 0% | 1.6B▲ 4.3% | 1.69B▲ 5.9% | -1.19B▼ 170.0% | -1.71B▼ 44.0% | 681M▲ 139.9% | 221M▼ 67.5% | 516M▲ 133.5% | 370M▼ 28.3% |
| Equity Growth % | 175.01% | 4.3% | 5.85% | -169.95% | -43.97% | 139.92% | -67.55% | 133.48% | -28.29% |
| Book Value per Share | 15.22 | 15.73 | 18.18 | -14.83 | -22.73 | 9.64 | 3.39 | 7.81 | 5.35 |
| Total Shareholders' Equity | 1.57B | 1.64B | 1.5B | -1.27B | -1.77B | 748M | 285M | 583M | 443M |
| Common Stock | 1.02M | 946K | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | 248.84M | 517.62M | 492M | -1.99B | -2.46B | 122M | -234M | 10M | -171M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.42M | -784K | -2M | -10M | -2M | 1M | 1M | 2M | 0 |
| Minority Interest | -34.37M | -38.52M | 192M | 89M | 64M | -67M | -64M | -67M | -73M |
Sinclair, Inc. (SBGI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 431.1M | 647.42M | 916M | 1.55B | 327M | 799M | 235M | 98M | 189M |
| Operating CF Margin % | 15.77% | 21.19% | 21.6% | 26.05% | 5.33% | 20.34% | 7.5% | 2.76% | 5.96% |
| Operating CF Growth % | -27.15% | 50.18% | 41.49% | 69% | -78.88% | 144.34% | -70.59% | -58.3% | 92.86% |
| Net Income | 594.1M | 346M | 105M | -2.43B | -326M | 2.7B | -279M | 319M | -99M |
| Depreciation & Amortization | 275.93M | 280.09M | 1.06B | 1.75B | 2.94B | 647M | 271M | 250M | 145M |
| Stock-Based Compensation | 15.89M | 26.52M | 33M | 52M | 60M | 50M | 45M | 51M | 51M |
| Deferred Taxes | -159.46M | -102.62M | -5M | -604M | -92M | 906M | -358M | 82M | -121M |
| Other Non-Cash Items | -124.05M | 179.64M | -433M | 2.69B | -1.95B | -3.45B | 175M | -23M | 298M |
| Working Capital Changes | -171.3M | -82.2M | 155M | 90M | -311M | -53M | 381M | -581M | -85M |
| Change in Receivables | -41.91M | -36.68M | 70M | 70M | -187M | 20M | -8M | -28M | -47M |
| Change in Inventory | -120.88M | -117.89M | 0 | 0 | -185M | 0 | 0 | 0 | 0 |
| Change in Payables | 34.86M | 23.67M | 334M | -3M | 113M | -14M | 512M | -495M | 43M |
| Cash from Investing | -198.03M | -118.21M | -9.53B | -159M | -246M | -381M | 52M | 77M | -120M |
| Capital Expenditures | -83.81M | -105.06M | -156M | -157M | -80M | -105M | -92M | -84M | -74M |
| CapEx % of Revenue | 3.07% | 3.44% | 3.68% | 2.64% | 1.3% | 2.67% | 2.94% | 2.37% | 2.34% |
| Acquisitions | -326.4M | -35.8M | -9B | -16M | -4M | -315M | 0 | 0 | -29M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 179.77M | 22.66M | 77M | 153M | 94M | 15M | 216M | 211M | 4M |
| Cash from Financing | 188.26M | -464.82M | 8.89B | -1.46B | -524M | -353M | -509M | -140M | 100M |
| Debt Issued (Net) | -174M | -163M | 8.72B | 80M | -244M | -135M | -85M | -61M | 194M |
| Equity Issued (Net) | 458M | -220.89M | 543M | -890M | -61M | -120M | -343M | 0 | 0 |
| Dividends Paid | -71.36M | -74.57M | -106M | -99M | -65M | -77M | -65M | -66M | -69M |
| Share Repurchases | -30M | -221M | -145M | -343M | -61M | -120M | -153M | 0 | 0 |
| Other Financing | -23M | -7.11M | -270M | -551M | -154M | -21M | -16M | -13M | -25M |
| Net Change in Cash | 421.34M▲ 0% | 64.39M▼ 84.7% | 273M▲ 324.0% | -71M▼ 126.0% | -443M▼ 523.9% | 65M▲ 114.7% | -222M▼ 441.5% | 35M▲ 115.8% | 169M▲ 382.9% |
| Free Cash Flow | 347.29M▲ 0% | 542.36M▲ 56.2% | 760M▲ 40.1% | 1.39B▲ 83.0% | 247M▼ 82.2% | 694M▲ 181.0% | 143M▼ 79.4% | 14M▼ 90.2% | 115M▲ 721.4% |
| FCF Margin % | 12.7% | 17.75% | 17.92% | 23.41% | 4.03% | 17.67% | 4.56% | 0.39% | 3.63% |
| FCF Growth % | -30.16% | 56.17% | 40.13% | 83.03% | -82.24% | 180.97% | -79.39% | -90.21% | 721.43% |
| FCF per Share | 3.45 | 5.33 | 8.16 | 17.40 | 3.29 | 9.82 | 2.20 | 0.21 | 1.66 |
| FCF Conversion (FCF/Net Income) | 0.75x | 1.90x | 19.49x | -0.64x | -0.79x | 0.30x | -0.81x | 0.32x | -1.69x |
| Interest Paid | 0 | 285M | 283M | 634M | 583M | 387M | 294M | 296M | 0 |
| Taxes Paid | 0 | 17M | 32M | 11M | 16M | 18M | 5M | 3M | 0 |
Sinclair, Inc. (SBGI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 46.39% | 55.06% | 21.77% | 2.85% | -948.53% | - | 389.43% | -64.52% | 84.12% | -25.28% |
| Return on Invested Capital (ROIC) | 10.39% | 11.76% | 10.6% | 4.03% | -17.77% | 0.7% | 41.76% | -6.09% | 10.32% | 2.84% |
| Gross Margin | 57.96% | 55.11% | 61.02% | 45.31% | 51% | 27.6% | 47.15% | 47.03% | 51.69% | 36.13% |
| Net Margin | 8.96% | 21.07% | 11.17% | 1.11% | -40.62% | -6.75% | 67.52% | -9.29% | 8.74% | -3.53% |
| Debt / Equity | 7.53x | 2.64x | 2.43x | 7.49x | - | - | 6.52x | 19.67x | 8.30x | 12.21x |
| Interest Coverage | 2.77x | 3.44x | 2.06x | 1.04x | 2.23x | 0.07x | 2.10x | -1.09x | 2.30x | 0.61x |
| FCF Conversion | 2.41x | 0.75x | 1.90x | 19.49x | -0.64x | -0.79x | 0.30x | -0.81x | 0.32x | -1.69x |
| Revenue Growth | 23.33% | -0.1% | 11.74% | 38.79% | 40.17% | 3.21% | -35.96% | -20.21% | 13.21% | -10.68% |
Sinclair, Inc. (SBGI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 30, 2026·SEC
Feb 25, 2026·SEC
Nov 5, 2025·SEC
Sinclair, Inc. (SBGI) stock FAQ — growth, dividends, profitability & financials explained
Sinclair, Inc. (SBGI) reported $3.17B in revenue for fiscal year 2025. This represents a 737% increase from $378.5M in 1996.
Sinclair, Inc. (SBGI) saw revenue decline by 10.7% over the past year.
Sinclair, Inc. (SBGI) reported a net loss of $112.0M for fiscal year 2025.
Yes, Sinclair, Inc. (SBGI) pays a dividend with a yield of 6.73%. This makes it attractive for income-focused investors.
Sinclair, Inc. (SBGI) has a return on equity (ROE) of -25.3%. Negative ROE indicates the company is unprofitable.
Sinclair, Inc. (SBGI) generated $115.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Sinclair, Inc. (SBGI) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates