Globalstar, Inc (GSAT) Key Metrics
GSAT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $10.67B
- Enterprise value
- $10.69B
- P/E (TTM)
- —
- Forward P/E
- 9.2
- PEG ratio
- 0.50
- Price / sales
- 38.0 10-yr median 22.1
- Price / book
- 36.5 10-yr median 9.6
- EV / EBITDA
- 117.8 10-yr median 83.4
- Dividend yield
- —
- Beta
- 1.45
GSAT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGSAT valuation Price multiples at each fiscal year-end price.
Price / sales+81.5%
28.3
2025 · hover or tap a bar for each year
20162025
Price / book+99.7%
21.8
2025 · hover or tap a bar for each year
20162025
EV / EBITDA+102.1%
92.6
2025 · hover or tap a bar for each year
20162025
Price / free cash flow+23.5%
15.1
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−1.6 pts
6.6%
2025 · hover or tap a bar for each year
20162025
GSAT returns How much profit the business earns on the capital it uses.
Return on equity+14.7 pts
−2.4%
2025 · hover or tap a bar for each year
20162025
Return on invested capital+2.5 pts
2.4%
2025 · hover or tap a bar for each year
20162025
Return on assets+4.4 pts
−0.4%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin+60.2 pts
188.1%
2025 · hover or tap a bar for each year
20162025
Asset turnover−28.8%
0.14
2025 · hover or tap a bar for each year
20162025
GSAT per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+8.3%
$2.15
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$0.07
2025 · hover or tap a bar for each year
20162025
Free cash flow per share+59.2%
$4.05
2025 · hover or tap a bar for each year
20162025
Book value per share−1.6%
$2.81
2025 · hover or tap a bar for each year
20162025
Dividends per share−1.0%
$0.08
2025 · hover or tap a bar for each year
20162025
Shares outstanding+0.7%
126.8M
2025 · hover or tap a bar for each year
20162025
GSAT financial health Debt, liquidity and how easily interest is covered.
Debt / equity+1.7%
1.54
2025 · hover or tap a bar for each year
20162025
Net debt−$51.9M
$98.9M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA−0.53
1.17
2025 · hover or tap a bar for each year
20162025
Current ratio−23.6%
2.42
2025 · hover or tap a bar for each year
20162025
Interest coverage
0.4
2025 · hover or tap a bar for each year
20162025
Debt / assets−25.9%
0.23
2025 · hover or tap a bar for each year
20162025
GSAT efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−24 days
31 days
2025 · hover or tap a bar for each year
20162025
Days of inventory−17 days
39 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding+18 days
33 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−59 days
37 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−7.9 pts
39.6%
2025 · hover or tap a bar for each year
20162025
Dividends + buybacks / FCF−1.3 pts
2.1%
2025 · hover or tap a bar for each year
20162025
GSAT valuation history
Fiscal year-endToday10-year median
GSAT returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GSAT debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GSAT cash returned to shareholders
DividendsBuybacksFree cash flow
GSAT price vs earnings per share
Share price at year-endEPS (right axis)
GSAT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.74B | $3.91B | $5.34B | $3.59B | $3.07B | $837.6M | $1.29B | $1.22B | $2.29B | $2.52B |
| Enterprise value | $7.84B | $4.06B | $5.68B | $3.78B | $3.33B | $1.22B | $1.76B | $1.67B | $2.76B | $3.09B |
| P/E ratio | — | — | — | — | — | — | 84.3 | — | — | — |
| Price / sales | 28.3 | 15.6 | 23.9 | 24.2 | 24.7 | 6.5 | 9.8 | 9.4 | 20.3 | 26.0 |
| Price / book | 21.8 | 10.9 | 14.1 | 11.4 | 8.4 | 2.0 | 3.2 | 3.4 | 7.9 | 15.6 |
| Price / free cash flow | 15.1 | 12.2 | — | 146.7 | 35.6 | 55.9 | — | — | 505.4 | — |
| Price / operating cash flow | 12.4 | 8.9 | 71.8 | 56.3 | 23.3 | 37.7 | 423.6 | 205.9 | 165.4 | 286.3 |
| EV / sales | 28.7 | 16.2 | 25.4 | 25.5 | 26.8 | 9.5 | 13.4 | 12.8 | 24.5 | 31.9 |
| EV / EBITDA | 92.6 | 45.8 | 64.2 | 100.7 | 107.4 | 32.2 | 53.7 | 74.3 | 107.4 | 219.6 |
| EV / free cash flow | 15.3 | 12.7 | — | 154.5 | 38.5 | 81.7 | — | — | 609.5 | — |
| Earnings yield | −0.1% | −1.6% | −0.5% | −7.2% | −3.7% | −13.1% | 1.2% | −0.5% | −3.9% | −5.3% |
| Free cash flow yield | 6.6% | 8.2% | −1.7% | 0.7% | 2.8% | 1.8% | −0.4% | −0.4% | 0.2% | −0.1% |
| Dividend yield | 0.1% | 0.3% | 0.2% | 0.0% | 0.0% | — | — | — | 1.4% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.1% | 0.3% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.4% | 0.0% |
| Share price at fiscal year-end | $61.04 | $31.05 | $29.10 | $19.95 | $17.40 | $5.10 | $7.80 | $9.60 | $19.65 | $23.70 |
| Per share | ||||||||||
| Revenue per share | $2.15 | $1.99 | $1.22 | $0.82 | $0.70 | $0.78 | $0.80 | $1.02 | $0.97 | $0.91 |
| Earnings per share | −$0.07 | −$0.50 | −$0.13 | −$1.43 | −$0.64 | −$0.67 | $0.09 | −$0.05 | −$0.76 | −$1.25 |
| Operating cash flow per share | $4.90 | $3.49 | $0.41 | $0.35 | $0.75 | $0.14 | $0.02 | $0.05 | $0.12 | $0.08 |
| Free cash flow per share | $4.05 | $2.54 | −$0.50 | $0.14 | $0.49 | $0.09 | −$0.03 | −$0.04 | $0.04 | −$0.02 |
| Cash per share | $3.53 | $3.11 | $0.31 | $0.18 | $0.08 | $0.08 | $0.05 | $0.12 | $0.36 | $0.10 |
| Book value per share | $2.81 | $2.85 | $2.07 | $1.75 | $2.07 | $2.58 | $2.46 | $2.83 | $2.50 | $1.52 |
| Tangible book value per share | $1.84 | $1.93 | $1.57 | $1.58 | $1.89 | $2.41 | $2.31 | $2.79 | $2.48 | $1.36 |
| Dividends per share | $0.08 | $0.08 | $0.07 | $0.00 | $0.00 | — | — | — | $0.28 | $0.00 |
| Capex per share | $0.85 | $0.94 | $0.91 | $0.22 | $0.26 | $0.04 | $0.05 | $0.08 | $0.08 | $0.11 |
| Debt per share | $4.31 | $4.31 | $2.14 | $1.23 | $1.53 | $2.44 | $2.90 | $3.65 | $4.41 | $5.41 |
| Shares outstanding | 126.8M | 125.9M | 183.5M | 180.1M | 176.5M | 164.2M | 165.5M | 127.0M | 116.7M | 106.4M |
| Change in shares outstanding | +0.7% | −31.4% | +1.9% | +2.0% | +7.5% | −0.8% | +30.4% | +8.8% | +9.6% | −13.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −2.4% | −17.1% | −7.1% | −75.5% | −28.6% | −26.4% | 4.0% | −2.0% | −39.3% | −66.5% |
| Return on invested capital (ROIC) | 2.4% | −0.1% | −0.0% | −31.0% | −7.2% | −5.5% | −7.3% | −4.8% | −7.3% | −6.3% |
| Return on assets (ROA) | −0.4% | −4.8% | −2.8% | −31.2% | −13.2% | −11.8% | 1.5% | −0.6% | −7.9% | −11.2% |
| Return on tangible assets | −0.4% | −4.0% | −3.0% | −32.0% | −14.4% | −12.7% | 1.6% | −0.6% | −7.9% | −11.9% |
| Free cash flow margin | 188.1% | 127.9% | −41.3% | 16.5% | 69.5% | 11.7% | −3.9% | −3.4% | 4.0% | −2.7% |
| Income quality (OCF / net income) | — | — | — | — | — | — | 0.20 | — | — | — |
| Financial health | ||||||||||
| Total debt | $546.3M | $541.9M | $392.5M | $222.1M | $269.7M | $400.5M | $480.6M | $463.5M | $514.0M | $576.4M |
| Cash & short-term investments | $447.5M | $391.2M | $56.7M | $32.1M | $14.3M | $13.3M | $7.6M | $15.2M | $41.6M | $10.2M |
| Net debt | $98.9M | $150.8M | $335.8M | $190.0M | $255.4M | $387.1M | $473.0M | $448.3M | $472.4M | $566.1M |
| Debt / equity | 1.54 | 1.51 | 1.04 | 0.71 | 0.74 | 0.95 | 1.18 | 1.29 | 1.77 | 3.56 |
| Debt / assets | 0.23 | 0.32 | 0.42 | 0.27 | 0.33 | 0.45 | 0.50 | 0.44 | 0.46 | 0.51 |
| Net debt / EBITDA | 1.17 | 1.70 | 3.80 | 5.06 | 8.24 | 10.17 | 14.40 | 19.97 | 18.34 | 40.25 |
| Current ratio | 2.42 | 3.16 | 0.81 | 0.41 | 1.12 | 0.60 | 1.00 | 0.77 | 0.85 | 0.22 |
| Quick ratio | 2.37 | 3.09 | 0.73 | 0.37 | 0.89 | 0.48 | 0.74 | 0.68 | 0.81 | 0.17 |
| Interest coverage | 0.4 | -0.1 | -0.0 | -7.3 | -1.5 | -1.2 | -1.0 | -1.1 | -2.0 | -1.8 |
| Working capital | $291.2M | $306.1M | −$33.3M | −$115.8M | $7.3M | −$45.7M | $200,000 | −$37.2M | −$23.9M | −$134.3M |
| Invested capital | $454.6M | $509.6M | $714.8M | $504.8M | $620.8M | $810.2M | $880.3M | $807.3M | $763.6M | $728.0M |
| Tangible asset value | $232.8M | $243.1M | $287.7M | $284.3M | $334.4M | $395.5M | $382.1M | $353.7M | $289.3M | $145.0M |
| Net current asset value | −$1.47B | −$903.8M | −$402.7M | −$437.4M | −$379.8M | −$396.5M | −$495.0M | −$564.0M | −$701.6M | −$932.7M |
| Graham number | — | — | — | — | — | — | $2.26 | — | — | — |
| Graham net-net per share | −$11.86 | −$7.42 | −$2.42 | −$2.57 | −$2.33 | −$2.61 | −$3.18 | −$5.12 | −$6.69 | −$8.88 |
| Capital allocation | ||||||||||
| Dividends paid | $10.6M | $10.6M | $11.9M | $0 | $0 | — | — | — | $33.0M | $0 |
| Share buybacks (net) | — | — | $181,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends + buybacks / free cash flow | 2.1% | 3.3% | — | 0.0% | 0.0% | 0.0% | — | — | 727.5% | — |
| Capex / revenue | 39.6% | 47.5% | 74.5% | 26.5% | 36.6% | 5.6% | 6.2% | 8.0% | 8.3% | 11.7% |
| Capex / operating cash flow | 17.4% | 27.1% | 224.4% | 61.6% | 34.5% | 32.5% | 267.4% | 175.2% | 67.3% | 129.1% |
| Capex / depreciation | 1.24 | 1.34 | 1.89 | 0.42 | 0.47 | 0.07 | 0.09 | 0.11 | 0.12 | 0.15 |
| Stock-based compensation / revenue | 8.6% | 14.2% | 10.0% | 7.2% | 5.4% | 4.6% | 4.3% | 5.4% | 4.5% | 5.0% |
| R&D / revenue | — | — | 0.6% | 0.3% | 0.8% | 1.5% | 2.4% | 1.2% | 3.4% | 2.2% |
| SG&A / revenue | 27.4% | 45.7% | 28.2% | 29.7% | 35.1% | 32.5% | 34.3% | 42.7% | 34.7% | 42.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 31.4 | 55.2 | 61.2 | 58.4 | 63.6 | 62.4 | 56.9 | 51.1 | 52.4 | 56.1 |
| Days of inventory on hand | 38.7 | 55.8 | 62.6 | 64.8 | 96.8 | 112.8 | 104.2 | 75.5 | 58.7 | 87.8 |
| Days payables outstanding | 33.1 | 15.4 | 15.4 | 28.3 | 32.2 | 41.0 | 51.1 | 45.7 | 51.7 | 68.2 |
| Cash conversion cycle (days) | 37.0 | 95.6 | 108.4 | 94.9 | 128.2 | 134.1 | 110.0 | 80.9 | 59.3 | 75.7 |
| Receivables turnover | 11.63 | 6.61 | 5.96 | 6.25 | 5.74 | 5.85 | 6.41 | 7.14 | 6.97 | 6.51 |
| Payables turnover | 11.04 | 23.64 | 23.67 | 12.89 | 11.34 | 8.91 | 7.15 | 7.99 | 7.06 | 5.36 |
| Inventory turnover | 9.44 | 6.54 | 5.83 | 5.63 | 3.77 | 3.24 | 3.50 | 4.83 | 6.22 | 4.16 |
| Asset turnover | 0.14 | 0.19 | 0.25 | 0.18 | 0.15 | 0.14 | 0.13 | 0.12 | 0.10 | 0.08 |
| Average receivables | $23.5M | $37.8M | $37.5M | $23.8M | $21.7M | $22.0M | $20.5M | $18.2M | $16.2M | $14.9M |
| Average payables | $8.7M | $3.5M | $2.9M | $5.0M | $4.6M | $5.5M | $7.5M | $6.5M | $6.8M | $7.8M |
| Average inventory | $10.2M | $12.7M | $11.9M | $11.5M | $13.8M | $15.0M | $15.3M | $10.8M | $7.7M | $10.1M |
| Intangibles / total assets | 5.3% | 6.8% | 9.9% | 3.7% | 3.8% | 3.1% | 2.6% | 0.5% | 0.2% | 1.5% |
Computed from GSAT's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GSAT valuation and financial ratios
Globalstar earned a return on equity of −2.4% and a return on invested capital of 2.4% in fiscal 2025. It ended the year with $546.3 million of debt and $447.5 million in cash and short-term investments, net debt of $98.9 million. It returned $10.6 million to shareholders: $10.6 million in dividends and $0 in share buybacks, 2% of free cash flow. The share count rose 19.1% from 106.4M to 126.8M over 9 years.
See the GSAT income statement, the GSAT chart for price history, or the GSAT stock overview for the latest quote and news.
GSAT key metrics FAQ
What is Globalstar's EV/EBITDA?
Globalstar's enterprise value was 92.6 times EBITDA at the end of fiscal 2025 (enterprise value $7.8 billion, EBITDA $84.6 million); the current EV/EBITDA is 117.8.
What is Globalstar's return on equity?
Globalstar's return on equity (ROE) was −2.4% in fiscal 2025: net income of -$8.7 million on average shareholders' equity of $357.3 million.
What is Globalstar's ROIC?
Globalstar's return on invested capital was 2.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Globalstar have?
Globalstar had total debt of $546.3 million at the end of fiscal 2025, a debt-to-equity ratio of 1.54 and $98.9 million of net debt (1.17 times EBITDA).
What is Globalstar's dividend yield?
Globalstar paid $10.6 million in dividends in fiscal 2025 ($0.08 per share), a payout ratio of —.
What is Globalstar's free cash flow yield?
Globalstar generated $513.6 million of free cash flow in fiscal 2025, a free cash flow yield of 6.6% on its market value at year-end ($7.7 billion).
What is Globalstar's current ratio?
Globalstar's current ratio was 2.42 at the end of fiscal 2025: current assets were 2.42 times current liabilities.