SGA Financials SAGA COMMUNICATIONS INC

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 34 d ago Overview →

Growth & profitability

Revenue has grown 2.3% per year over the past 5 years.
Operating margin has contracted, at -10.3% in the latest year.
Free cash flow has declined 24.3% per year over the past 5 years.

Financial health

The company holds more cash ($23M) than total debt ($5M).
Total debt has grown slower than revenue (-12.9% vs 2.3% per year).
Operating income covered interest expense -25.4× in the latest year, down from -3.7× 5 years ago.

Shareholder returns

Dividends have been paid for 14 consecutive years, consuming 265.5% of free cash flow.
The dividend has grown 11.6% per year over the past 5 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	$107M	-$8M	0.0%	-10.3%	-5.2%	-3.9%	$2M	$5M	$23M
2024	$113M	$3M	0.0%	2.1%	2.1%	1.6%	$10M	$5M	$19M
2023	$116M	$10M	0.0%	9.9%	5.6%	4.1%	$11M	$0	$30M
2022	$115M	$9M	0.0%	11.4%	5.2%	3.8%	$11M	$0	$37M
2021	$108M	$11M	0.0%	13.9%	5.7%	4.5%	$15M	$0	$55M
2020	$96M	-$2M	0.0%	-1.3%	-1.0%	-0.8%	$10M	$10M	$51M
2019	$123M	$13M	0.0%	15.3%	6.9%	5.3%	$20M	$10M	$44M
2018	$125M	$14M	0.0%	15.8%	7.4%	5.5%	$20M	$20M	$45M
2017	$118M	$55M	0.0%	14.6%	30.5%	22.0%	-$872000	$25M	$53M
2016	—	$18M	—	—	13.5%	8.3%	$25M	$36M	$27M
2015	—	$13M	—	—	10.9%	6.6%	$25M	$36M	$22M
2014	—	$15M	—	—	12.9%	7.8%	$20M	$36M	$18M
2013	—	$15M	—	—	13.9%	7.9%	$22M	$46M	$18M
2012	—	$18M	—	—	17.2%	9.1%	$26M	$59M	$16M
2011	—	$13M	—	—	13.6%	6.6%	$22M	$69M	$7M

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
Jun '26	$26M	$960000	0.0%	2.4%	0.6%	0.5%	-$3M	$5M	$18M
Mar '26	$23M	-$2M	0.0%	-14.3%	-1.6%	-1.2%	-$372000	$5M	$21M
Dec '25	$27M	-$7M	0.0%	-36.0%	-4.6%	-3.4%	-$459000	$5M	$23M
Sep '25	$28M	-$532000	0.0%	-2.2%	-0.3%	-0.2%	$3M	$5M	$17M
Jun '25	$28M	$1M	0.0%	5.0%	0.7%	0.5%	-$559000	$5M	$16M
Mar '25	$24M	-$2M	0.0%	-9.5%	-1.0%	-0.7%	$668000	$5M	$18M
Dec '24	$29M	$1M	0.0%	3.4%	0.8%	0.6%	$3M	$5M	$19M
Sep '24	$29M	$1M	0.0%	5.7%	0.8%	0.6%	$4M	$5M	$20M
Jun '24	$30M	$3M	0.0%	7.2%	1.5%	1.1%	-$280000	$5M	$15M
Mar '24	$25M	-$2M	0.0%	-9.6%	-1.0%	-0.7%	$3M	$0	$20M
Dec '23	$32M	$3M	0.0%	8.8%	1.5%	1.1%	$499000	$0	$30M
Sep '23	$29M	$3M	0.0%	12.0%	1.5%	1.2%	$7M	$0	$31M
Jun '23	$29M	$3M	0.0%	14.7%	1.9%	1.5%	-$72000	$0	$24M
Mar '23	$25M	$920000	0.0%	3.6%	0.5%	0.4%	$3M	$0	$27M
Dec '22	$30M	$4M	0.0%	16.3%	2.4%	1.8%	$2M	$0	$37M
Sep '22	$30M	-$104000	0.0%	3.5%	-0.1%	-0.0%	$6M	—	$48M
Jun '22	$30M	$4M	0.0%	18.0%	1.9%	1.5%	-$596000	—	$42M
Mar '22	$25M	$1M	0.0%	6.8%	0.6%	0.5%	$4M	—	$55M
Dec '21	$29M	$4M	0.0%	16.9%	1.9%	1.5%	$4M	$0	$55M
Sep '21	$29M	$3M	0.0%	16.0%	1.8%	1.4%	$3M	$10M	$62M

Valuation over time

How the market has priced SGA 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 risen from 15.4× (Mar '23) to 21.6× (Nov '25).
The price-to-sales ratio has fallen from 1.2× (Mar '23) to 0.6× (Sep '26).
The dividend yield has fallen from 14.0% (Mar '23) to 10.6% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is SGA growing its revenue and profit?

Over the past 5 years, SAGA COMMUNICATIONS INC's revenue has grown 2.3% per year. These are computed facts, not advice.

How much debt does SGA have?

As of FY2025, SAGA COMMUNICATIONS INC reported $5M of total debt against $23M of cash; operating income covered interest expense -25.4×.

What is SGA's profit margin?

In FY2025, gross margin was —, operating margin -10.3%, and net margin -7.4%.

What is SGA's P/E ratio?

As of Sep '26, SAGA COMMUNICATIONS INC traded at a price-to-earnings ratio of about 21.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.