Sinclair Broadcast Group, Inc (SBGI) Key Metrics

NASDAQ: SBGIValuation, returns, debt and efficiency ratios over 10 years.

SBGI valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$903.5M
Enterprise value
$4.52B
P/E (TTM)
16.3
10-yr median 7.2
Forward P/E
32.1
PEG ratio
0.89
Price / sales
0.3
10-yr median 0.4
Price / book
2.4
10-yr median 2.2
EV / EBITDA
7.3
10-yr median 6.2
Dividend yield
5.36%
$1.00 a year
Beta
1.11

SBGI key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

SBGI valuation Price multiples at each fiscal year-end price.

Price / sales+11.0%
0.3
2025 · hover or tap a bar for each year
2016: 1.2 (−18.0%)2017: 1.4 (+21.3%)2018: 0.9 (−37.1%)2019: 0.7 (−16.4%)2020: 0.4 (−41.5%)2021: 0.3 (−24.5%)2022: 0.3 (−13.7%)2023: 0.3 (−2.9%)2024: 0.3 (+11.0%)2025: 0.3 (+11.0%)
20162025
Price / book+30.5%
2.4
2025 · hover or tap a bar for each year
2016: 5.4 (−9.6%)2017: 2.4 (−54.6%)2018: 1.6 (−32.8%)2019: 2.1 (+26.5%)2022: 1.52023: 3.0 (+103.2%)2024: 1.8 (−38.5%)2025: 2.4 (+30.5%)
20162025
EV / EBITDA+70.1%
8.3
2025 · hover or tap a bar for each year
2016: 8.2 (−17.4%)2017: 7.1 (−12.9%)2018: 6.2 (−12.4%)2019: 9.6 (+54.2%)2020: 4.4 (−54.6%)2021: 4.6 (+5.2%)2022: 3.7 (−20.4%)2024: 4.92025: 8.3 (+70.1%)
20162025
Price / free cash flow−87.9%
9.2
2025 · hover or tap a bar for each year
2016: 6.3 (−40.6%)2017: 11.0 (+73.5%)2018: 4.9 (−55.0%)2019: 4.1 (−17.2%)2020: 1.8 (−55.2%)2021: 8.0 (+338.8%)2022: 1.6 (−80.3%)2023: 5.9 (+275.8%)2024: 76.2 (+1,184.1%)2025: 9.2 (−87.9%)
20162025
Free cash flow yield+9.6 pts
10.9%
2025 · hover or tap a bar for each year
2016: 15.8% (+6.4 pts)2017: 9.1% (−6.7 pts)2018: 20.2% (+11.1 pts)2019: 24.5% (+4.2 pts)2020: 54.6% (+30.2 pts)2021: 12.5% (−42.2 pts)2022: 63.3% (+50.9 pts)2023: 16.9% (−46.5 pts)2024: 1.3% (−15.5 pts)2025: 10.9% (+9.6 pts)
20162025

SBGI valuation history

Fiscal year-endToday10-year median

SBGI returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

SBGI debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

SBGI cash returned to shareholders

DividendsBuybacksFree cash flow

SBGI price vs earnings per share

Share price at year-endEPS (right axis)

SBGI key metrics

2016–2025
Sinclair Broadcast Group, Inc key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$1.06B$1.07B$848.6M$1.10B$1.98B$2.55B$3.11B$2.68B$3.81B$3.15B
Enterprise value$4.71B$4.65B$4.53B$4.65B$13.75B$14.07B$14.47B$5.51B$7.18B$7.09B
P/E ratio—3.4—0.4——66.17.96.612.8
Price / sales0.30.30.30.30.30.40.70.91.41.2
Price / book2.41.83.01.5——2.11.62.45.4
Price / free cash flow9.276.25.91.68.01.84.14.911.06.3
Price / operating cash flow5.610.93.61.46.11.63.44.18.85.3
EV / sales1.51.31.41.22.22.43.41.82.62.6
EV / EBITDA8.34.9—3.74.64.49.66.27.18.2
EV / free cash flow41.0332.231.76.755.710.119.010.220.714.3
Earnings yield−10.6%29.1%−34.3%242.0%−20.9%−94.8%1.5%12.7%15.1%7.8%
Free cash flow yield10.9%1.3%16.9%63.3%12.5%54.6%24.5%20.2%9.1%15.8%
Dividend yield6.5%6.2%7.7%7.0%3.3%3.9%3.4%2.8%1.9%2.1%
Shareholder yield (dividends + buybacks)6.5%6.2%25.7%18.0%6.4%38.9%17.6%11.0%2.7%6.4%
Share price at fiscal year-end$15.30$16.14$13.03$15.51$26.43$31.85$33.34$26.34$37.85$33.35
Per share
Revenue per share$45.85$53.68$48.12$55.59$81.73$74.36$45.50$30.03$27.13$28.98
Earnings per share−$1.62$4.69−$4.47$37.53−$5.52−$30.20$0.50$3.35$5.72$2.60
Operating cash flow per share$2.73$1.48$3.61$11.31$4.36$19.37$9.83$6.36$4.28$6.27
Free cash flow per share$1.66$0.21$2.20$9.82$3.29$17.40$8.16$5.33$3.45$5.27
Cash per share$12.53$10.55$10.17$12.51$10.87$15.75$14.30$10.42$6.76$2.75
Book value per share$6.41$8.82$4.38$10.59−$23.58−$15.94$16.12$16.11$15.56$6.23
Tangible book value per share−$25.91−$34.48−$41.86−$34.48−$121.20−$114.62−$121.79−$22.32−$24.97−$37.10
Dividends per share$1.00$1.00$1.00$1.09$0.87$1.24$1.14$0.73$0.71$0.70
Capex per share$1.07$1.27$1.41$1.49$1.07$1.96$1.67$1.03$0.83$1.00
Debt per share$65.38$64.77$66.76$62.87$167.62$159.94$136.21$38.27$40.17$44.52
Shares outstanding69.1M66.1M65.1M70.7M75.0M79.9M93.2M101.7M100.8M94.4M
Change in shares outstanding+4.6%+1.5%−7.8%−5.9%−6.1%−14.2%−8.4%+0.9%+6.7%−1.4%
Returns & profitability
Return on equity (ROE)−21.8%71.4%−56.3%———3.0%21.3%53.4%44.0%
Return on invested capital (ROIC)2.9%10.9%−6.3%41.6%0.7%−19.0%2.8%14.0%15.6%9.3%
Return on assets (ROA)−1.9%5.2%−4.6%27.6%−3.2%−15.7%0.4%5.1%9.0%4.3%
Return on tangible assets−3.0%10.3%−9.5%75.3%−7.9%−43.9%1.0%12.8%21.3%13.1%
Free cash flow margin3.6%0.4%4.6%17.7%4.0%23.4%17.9%17.8%12.7%18.2%
Income quality (OCF / net income)—0.32—0.30——19.491.900.752.41
Financial health
Total debt$4.52B$4.28B$4.35B$4.44B$12.58B$12.78B$12.69B$3.89B$4.05B$4.20B
Cash & short-term investments$866.0M$697.0M$662.0M$884.0M$816.0M$1.26B$1.33B$1.06B$681.3M$260.0M
Net debt$3.65B$3.58B$3.69B$3.56B$11.76B$11.52B$11.36B$2.83B$3.37B$3.94B
Debt / equity10.207.3415.265.94——8.452.382.587.15
Debt / assets0.760.730.710.661.000.960.730.590.600.70
Net debt / EBITDA6.473.78—2.803.943.587.573.213.344.55
Current ratio2.422.451.342.772.063.112.573.122.361.42
Quick ratio2.422.451.342.771.992.632.573.121.931.41
Interest coverage0.41.8-1.113.40.2-4.21.12.33.52.9
Working capital$997.0M$880.0M$372.0M$1.07B$1.27B$2.18B$1.78B$1.21B$988.4M$268.6M
Invested capital$4.10B$4.17B$3.97B$4.31B$9.99B$10.25B$12.86B$4.47B$4.94B$4.53B
Tangible asset value−$1.86B−$2.35B−$2.79B−$2.50B−$9.03B−$9.07B−$11.16B−$2.31B−$2.55B−$3.53B
Net current asset value−$3.88B−$3.88B−$4.39B−$4.34B−$11.78B−$11.35B−$12.76B−$3.19B−$3.54B−$4.50B
Graham number—$30.51—$94.55——$13.52$34.87$44.74$19.08
Graham net-net per share−$60.73−$63.40−$72.69−$66.18−$164.43−$151.29−$143.98−$34.04−$38.82−$49.67
Capital allocation
Dividends paid$69.0M$66.0M$65.0M$77.0M$65.0M$99.0M$106.0M$74.6M$71.4M$65.9M
Share buybacks (net)$0$0$153.0M$120.0M$61.0M$890.0M$442.0M$221.0M$30.0M$136.3M
Dividend payout ratio—21.3%—2.9%——225.5%21.9%12.4%26.9%
Dividends + buybacks / free cash flow60.0%471.4%152.4%28.4%51.0%71.1%72.1%54.5%29.2%40.7%
Capex / revenue2.3%2.4%2.9%2.7%1.3%2.6%3.7%3.4%3.1%3.5%
Capex / operating cash flow39.2%85.7%39.1%13.1%24.5%10.1%17.0%16.2%19.4%16.0%
Capex / depreciation0.230.340.340.160.030.090.150.380.300.33
Stock-based compensation / revenue1.6%1.4%1.4%1.3%1.0%0.9%0.8%0.9%0.6%0.6%
R&D / revenue————————0.4%0.1%
SG&A / revenue25.4%27.6%46.0%4.1%17.6%16.5%26.4%27.6%27.9%25.7%
Efficiency
Days sales outstanding76.565.172.393.679.977.578.975.684.774.7
Days of inventory on hand————24.062.4——47.42.2
Days payables outstanding21.626.529.424.510.012.816.830.742.855.4
Cash conversion cycle (days)54.938.642.969.093.9127.162.144.989.321.5
Receivables turnover4.775.615.053.904.574.714.624.834.314.89
Payables turnover16.8713.7712.4314.8836.4028.4121.6711.898.526.59
Inventory turnover————15.235.85——7.70167.09
Asset turnover0.540.590.490.410.470.390.350.460.430.48
Average receivables$664.5M$633.0M$620.5M$1.01B$1.34B$1.26B$917.0M$632.5M$634.5M$560.0M
Average payables$120.0M$124.5M$133.5M$139.5M$122.0M$102.5M$107.0M$100.2M$144.0M$174.7M
Average inventory————$291.5M$498.0M——$159.4M$6.9M
Intangibles / total assets37.6%48.6%49.5%47.5%58.4%58.9%74.0%59.5%60.2%68.6%

Computed from SBGI'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.

SBGI valuation and financial ratios

Based on the latest twelve months, the trailing P/E is 16.3 and the forward P/E is 32.1. Sinclair Broadcast earned a return on equity of −21.8% and a return on invested capital of 2.9% in fiscal 2025. It ended the year with $4.5 billion of debt and $866.0 million in cash and short-term investments, net debt of $3.7 billion. It returned $69.0 million to shareholders: $69.0 million in dividends and $0 in share buybacks, 60% of free cash flow. The share count fell 26.8% from 94.4M to 69.1M over 9 years.

See the SBGI income statement, the SBGI chart for price history, or the SBGI stock overview for the latest quote and news.

SBGI key metrics FAQ

What is Sinclair Broadcast's P/E ratio?

Sinclair Broadcast's trailing P/E ratio is 16.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 32.1. At the end of fiscal 2025 it was —, compared with a 10-year median of 7.2.

What is Sinclair Broadcast's EV/EBITDA?

Sinclair Broadcast's enterprise value was 8.3 times EBITDA at the end of fiscal 2025 (enterprise value $4.7 billion, EBITDA $565.0 million); the current EV/EBITDA is 7.3.

What is Sinclair Broadcast's return on equity?

Sinclair Broadcast's return on equity (ROE) was −21.8% in fiscal 2025: net income of -$112.0 million on average shareholders' equity of $513.0 million.

What is Sinclair Broadcast's ROIC?

Sinclair Broadcast's return on invested capital was 2.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Sinclair Broadcast have?

Sinclair Broadcast had total debt of $4.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 10.20 and $3.7 billion of net debt (6.47 times EBITDA).

What is Sinclair Broadcast's dividend yield?

Sinclair Broadcast's forward dividend yield is 5.36%. Sinclair Broadcast paid $69.0 million in dividends in fiscal 2025 ($1.00 per share), a payout ratio of —.

What is Sinclair Broadcast's free cash flow yield?

Sinclair Broadcast generated $115.0 million of free cash flow in fiscal 2025, a free cash flow yield of 10.9% on its market value at year-end ($1.1 billion).

What is Sinclair Broadcast's current ratio?

Sinclair Broadcast's current ratio was 2.42 at the end of fiscal 2025: current assets were 2.42 times current liabilities.

Broadcasting key metrics