Sinclair vs SiriusXM
SiriusXM reported revenue of $8.6 billion in fiscal 2025, 2.7 times Sinclair's $3.2 billion in fiscal 2025. Sinclair's revenue fell 10.7% in its latest year, and SiriusXM's fell 1.6%. Sinclair had an operating margin of 5.5%, against 17.2% at SiriusXM. Free cash flow was $115 million at Sinclair and $1.2 billion at SiriusXM.
Side by side
| Sinclair | SiriusXM | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $3.2B | $8.6B |
| Revenue growth | −10.7% | −1.6% |
| Revenue growth a year, last 5 years | — | 1.3% |
| Gross margin | — | 52.4% |
| Operating margin | 5.5% | 17.2% |
| Net margin | −3.5% | 9.4% |
| Free cash flow | $115M | $1.2B |
| Free cash flow margin | 3.6% | 14.6% |
| Return on capital | 3.5% | 5.3% |
| Net debt to EBITDA | 8.3x | 5.1x |
| Dividends and buybacks | $69M | $501M |
| Change in diluted share count | 4.6% | 5.6% |
| Last close | $13.68 | $32.40 |
| P/E at the last close | 9.7× | 13.3× |
| Insider trades, last 12 months | — | bought $53.8 million, sold $1.2 million |
| Piotroski F-score | 2 of 8 | 6 of 9 |
Amounts in each company's own currency, US$ 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
SinclairSiriusXM
Operating margin
Percent of revenue
SinclairSiriusXM
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
SinclairSiriusXM
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Sinclair and SiriusXM pages.