SBGI Financials Sinclair, Inc.

5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Jun 29, 2026, 13:13 UTC Overview →

Growth & profitability

Revenue has declined 15.2% per year over the past 4 years.
Operating margin has expanded, at 5.5% in the latest year.
Free cash flow has declined 17.4% per year over the past 4 years.

Financial health

Total debt ($4.3B) exceeds cash ($866M); net debt is $3.5B.
Total debt has grown faster than revenue (2.4% vs -15.2% per year).
Operating income covered interest expense 0.4× in the latest year.
Total debt is 10× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 60.0% of free cash flow.
The dividend has grown 3.6% per year over the past 4 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$3.2B	-$99M	0.0%	5.5%	-22.3%	-1.7%	$115M	$4.3B	$866M
2024	$3.5B	$319M	0.0%	15.5%	54.7%	5.4%	$14M	$4.1B	$697M
2023	$3.1B	-$279M	0.0%	-10.6%	-97.9%	-4.6%	$143M	$4.1B	$662M
2022	$3.9B	$2.7B	0.0%	101.3%	361.1%	40.3%	$694M	—	$884M
2021	$6.1B	-$326M	0.0%	1.5%	—	—	$247M	—	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Mar '26	$807M	$20M	0.0%	3.3%	4.3%	0.3%	$28M	—	$844M
Dec '25	$836M	$109M	0.0%	9.6%	24.6%	1.8%	$79M	$4.3B	$866M
Sep '25	$773M	-$1M	0.0%	7.5%	-0.3%	-0.0%	-$58M	—	$526M
Jun '25	$784M	-$64M	0.0%	2.7%	-17.7%	-1.1%	$105M	—	$616M
Mar '25	$776M	-$156M	0.0%	1.8%	-35.8%	-2.7%	-$11M	—	$631M
Dec '24	$1.0B	$176M	0.0%	26.5%	30.2%	3.0%	$175M	$4.1B	$697M
Sep '24	$917M	$94M	0.0%	19.5%	22.7%	1.6%	$193M	—	$536M
Jun '24	$829M	$17M	0.0%	7.7%	5.0%	0.3%	-$329M	—	$378M
Mar '24	$798M	$23M	0.0%	5.3%	6.9%	0.4%	-$25M	—	$655M
Dec '23	$826M	-$341M	0.0%	-46.7%	-119.6%	-5.6%	$70M	$4.1B	$662M
Sep '23	$767M	-$46M	0.0%	4.8%	-7.1%	-0.8%	-$29M	—	$643M
Jun '23	$768M	-$89M	0.0%	-0.4%	-12.7%	-1.4%	$60M	—	$728M
Mar '23	$773M	$185M	0.0%	2.7%	—	—	$42M	—	—
Dec '22	$960M	$55M	0.0%	26.4%	7.4%	0.8%	$310M	—	$884M
Sep '22	$843M	$21M	0.0%	18.3%	—	—	$222M	—	—
Jun '22	$837M	-$11M	0.0%	12.8%	—	—	—	—	—

Valuation over time

How the market has priced SBGI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 3.7× (Dec '24) to 3.6× (Nov '25).
The price-to-sales ratio has fallen from 0.3× (Mar '23) to 0.3× (Nov '26).
The dividend yield has risen from 5.5% (Mar '23) to 7.1% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is SBGI growing its revenue and profit?

Over the past 4 years, Sinclair, Inc.'s revenue has declined 15.2% per year. These are computed facts, not advice.

How much debt does SBGI have?

As of FY2025, Sinclair, Inc. reported $4.3B of total debt against $866M of cash; operating income covered interest expense 0.4×.

What is SBGI's profit margin?

In FY2025, gross margin was —, operating margin 5.5%, and net margin -3.1%.

What is SBGI's P/E ratio?

Sinclair, Inc.'s P/E (TTM) is 18.73 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the SBGI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 3.6× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.