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Employees: 7,100
Size Sinclair (SBGI) is a United States Communication Services company (Broadcasting) with a market value of $989M, the 2254th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.68 on 6 Nov 2026.
Performance Over six months the shares fell 4.2%, against -10.3% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue fell 6.5% over the last twelve months (peer median -0.5%); the operating margin is 5.9% (peer median 8.3%).
Valuation It trades at 230.3× forward earnings against a peer median of 14.2× (most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is -12%, so the hurdle is +23 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.5 points below its cost of capital (6.5% WACC).
Credit Sinclair has 1 bond outstanding ($1.43B), rated B+ by the agencies and trading like B+ at a weighted spread of 299 bp.
Short interest Short interest is 8.1% of the free float (15 Oct 2026).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.26B | $3.17B | $3.55B | $3.13B | $3.93B |
| Revenue growth | — | -11% | +13% | -20% | — |
| Gross profit | $1.22B | $1.15B | $1.51B | $1.12B | $1.53B |
| EBITDA | $526M | $477M | $855M | $33.0M | $1.30B |
| Net income | $52.0M | -$112M | $310M | -$291M | $2.65B |
| Free cash flow | $95.0M | $115M | $14.0M | $143M | $694M |
| Capital expenditure | $76.0M | $74.0M | $84.0M | $92.0M | $105M |
| Total debt | $4.19B | $4.52B | $4.28B | $4.35B | $4.44B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SBGI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.1% | +3.5% | 11th highest of 21 |
| 6-month return | -4.2% | -10.3% | 10th highest of 21 |
| Distance from 52-week high | -23.5% | -33.6% | 6th highest of 21 |
| Revenue growth (TTM) | -6.5% | -0.5% | 6th lowest of 21 |
| Operating margin | 5.9% | 8.3% | 7th lowest of 21 |
| Forward P/E | 230.3× | 14.2× | most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 10.9% | 2.2% | 5th most demanding of 18 |
| Growth delivered (Del g) | -11.8% | +3.5% | 2nd lowest of 18 |
| Hurdle (Req g minus delivered) | +22.7 pp | -0.6 pp | 2nd most demanding of 18 |
| ROIC minus cost of capital | -2.5 pp | -0.8 pp | 7th lowest of 20 |
| EV / EBITDA | 8.6× | 8.0× | 6th most expensive of 16 |
| Net debt / EBITDA | 6.8× | 0.3× | 3rd most indebted of 18 |
| Bond spread | 299 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sinclair SBGI | United States | $989M | -4% | -6% | 6% | 230.3× | 10.9% | -11.8% |
| Newsmax NMAX | United States | $948M | +16% | +11% | -7% | n/a | n/a | n/a |
| Nine Entertainment NEC.AX | Australia | $895M | -15% | -18% | 9% | 8.2× | 7.4% | -1.3% |
| Entravision Communications EVC | United States | $830M | +26% | +71% | 8% | n/a | 13.5% | +5.4% |
| Rai Way RWAY.MI | Italy | $1.27B | -28% | +3% | 44% | 12.9× | -10.3% | +4.8% |
| CJ ENM 035760.KS | South Korea | $706M | -15% | -3% | 2% | 30.0× | -5.1% | +8.7% |
| Zee Entertainment Enterprises ZEEL.NS | India | $651M | -32% | +6% | -1% | 14.3× | 1.8% | +0.9% |
| Atresmedia Corporacion de Medios de Comunicacion A3M.MC | Spain | $1.52B | +16% | +1% | 8% | 14.1× | 6.9% | +2.3% |
| Television Francaise 1 TFI.PA | France | $1.53B | -6% | -3% | 8% | 14.7× | -7.5% | +2.0% |
| Hebei Broadcasting Wireless Media 301551.SZ | China | $1.58B | -4% | -1% | 35% | n/a | 20.7% | -0.8% |
| Metropole Television MMT.PA | France | $1.60B | -4% | -2% | 11% | 12.5× | -0.9% | -0.3% |
| TV Tokyo 9413.T | Japan | $582M | -15% | +2% | 6% | 12.7× | -18.7% | +3.5% |
| MFE-MediaForEurope MFEA.MI | Italy | $1.83B | -26% | +90% | 3% | 5.0× | 0.6% | +8.9% |
| Gray Media GTN | United States | $520M | +11% | -11% | 14% | 2.7× | 2.2% | +5.4% |
| NRJ NRG.PA | France | $509M | -18% | -12% | 8% | 16.0× | n/a | n/a |
| TV Asahi 9409.T | Japan | $2.15B | +3% | +4% | 7% | 14.5× | -0.9% | +5.1% |
| Network18 Media & Invest NETWORK18.NS | India | $438M | -23% | -23% | -3% | n/a | n/a | n/a |
| Sun TV Network SUNTV.NS | India | $2.48B | +4% | -5% | 38% | 14.2× | 9.5% | +6.4% |
| Shaanxi Broadcast & TV Network Intermediary (Group) 600831.SS | China | $351M | -15% | -26% | -141% | n/a | 12.3% | -16.8% |
| Digital Network DIG.WA | Poland | $335M | +44% | +121% | 41% | 20.2× | 14.3% | +33.9% |
| SKY Perfect JSAT 9412.T | Japan | $3.13B | -50% | +8% | 30% | 17.2× | 6.2% | -1.8% |
Sinclair has 1 bond outstanding with $1.43B face value. The agencies rate it B+; its bonds trade like B+. Weighted yield 7.63%, a spread of 299 bp over government bonds.