Newsmax vs Sinclair
Sinclair reported revenue of $3.2 billion in fiscal 2025, 16.7 times Newsmax's $189 million in fiscal 2025. Newsmax's revenue grew 10.7% in its latest year, and Sinclair's fell 10.7%. Newsmax had an operating margin of -52.8%, against 5.5% at Sinclair. Free cash flow was −$107 million at Newsmax and $115 million at Sinclair.
Side by side
| Newsmax | Sinclair | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $189M | $3.2B |
| Revenue growth | 10.7% | −10.7% |
| Revenue growth a year, last 5 years | — | — |
| Gross margin | 39.3% | — |
| Operating margin | −52.8% | 5.5% |
| Net margin | −52.6% | −3.5% |
| Free cash flow | −$107M | $115M |
| Free cash flow margin | −56.6% | 3.6% |
| Return on capital | — | 3.5% |
| Net debt to EBITDA | — | 8.3x |
| Dividends and buybacks | $1M | $69M |
| Change in diluted share count | 163.5% | 4.6% |
| Last close | $7.34 | $13.68 |
| P/E at the last close | — | 9.7× |
| Insider trades, last 12 months | — | — |
| Piotroski F-score | — | 2 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
NewsmaxSinclair
Operating margin
Percent of revenue
NewsmaxSinclair
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
NewsmaxSinclair