Sirius XM Holdings Inc (SIRI) Key Metrics
SIRI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $9.09B
- Enterprise value
- $18.14B
- P/E (TTM)
- 10.8 10-yr median 22.1
- Forward P/E
- 8.1
- PEG ratio
- 1.05
- Price / sales
- 1.1 10-yr median 3.3
- Price / book
- 0.7
- EV / EBITDA
- 8.1 10-yr median 15.9
- Dividend yield
- 4.00% $1.08 a year
- Beta
- 0.98
SIRI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSIRI valuation Price multiples at each fiscal year-end price.
SIRI returns How much profit the business earns on the capital it uses.
SIRI per-share figures Results divided by the shares outstanding at year-end.
SIRI financial health Debt, liquidity and how easily interest is covered.
SIRI efficiency & capital use Working capital cycle and where the cash goes.
SIRI valuation history
SIRI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SIRI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SIRI cash returned to shareholders
SIRI price vs earnings per share
SIRI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.14B | $7.71B | $21.27B | $23.30B | $26.31B | $28.21B | $33.00B | $26.04B | $25.32B | $22.09B |
| Enterprise value | $16.75B | $7.61B | $30.58B | $33.07B | $35.36B | $37.11B | $41.24B | $32.88B | $32.00B | $27.73B |
| P/E ratio | 8.9 | — | 16.9 | 19.2 | 20.0 | 215.4 | 36.1 | 22.1 | 39.1 | 29.6 |
| Price / sales | 0.8 | 0.9 | 2.4 | 2.6 | 3.0 | 3.5 | 4.2 | 4.5 | 4.7 | 4.4 |
| Price / book | 0.6 | 0.7 | — | — | — | — | — | — | — | — |
| Price / free cash flow | 5.7 | 7.6 | 18.0 | 15.0 | 16.3 | 16.9 | 20.0 | 17.1 | 16.2 | 14.6 |
| Price / operating cash flow | 3.8 | 4.4 | 11.6 | 11.8 | 13.2 | 14.0 | 16.4 | 13.8 | 13.6 | 12.9 |
| EV / sales | 2.0 | 0.9 | 3.4 | 3.7 | 4.1 | 4.6 | 5.3 | 5.7 | 5.9 | 5.5 |
| EV / EBITDA | 8.0 | — | 11.7 | 12.7 | 14.0 | 26.8 | 20.1 | 15.9 | 16.8 | 16.4 |
| EV / free cash flow | 13.5 | 7.5 | 25.9 | 21.3 | 22.0 | 22.2 | 24.9 | 21.6 | 20.4 | 18.3 |
| Earnings yield | 11.3% | −21.6% | 5.9% | 5.2% | 5.0% | 0.5% | 2.8% | 4.5% | 2.6% | 3.4% |
| Free cash flow yield | 17.4% | 13.1% | 5.5% | 6.7% | 6.1% | 5.9% | 5.0% | 5.9% | 6.2% | 6.9% |
| Dividend yield | 5.1% | 1.9% | 0.3% | 5.7% | 1.0% | 0.8% | 0.7% | 0.8% | 0.8% | 0.2% |
| Shareholder yield (dividends + buybacks) | 7.0% | 1.9% | 1.6% | 8.5% | 6.8% | 6.4% | 7.2% | 5.8% | 6.3% | 7.8% |
| Share price at fiscal year-end | $20.00 | $22.80 | $54.70 | $58.40 | $63.50 | $63.70 | $71.50 | $57.10 | $53.60 | $44.50 |
| Per share | ||||||||||
| Revenue per share | $23.97 | $25.74 | $23.03 | $22.56 | $20.99 | $18.15 | $16.88 | $12.65 | $11.48 | $10.11 |
| Earnings per share | $2.25 | −$4.93 | $3.24 | $3.04 | $3.17 | $0.30 | $1.98 | $2.58 | $1.37 | $1.50 |
| Operating cash flow per share | $5.32 | $5.15 | $4.70 | $4.95 | $4.82 | $4.56 | $4.37 | $4.12 | $3.93 | $3.46 |
| Free cash flow per share | $3.49 | $3.00 | $3.03 | $3.88 | $3.89 | $3.77 | $3.58 | $3.34 | $3.32 | $3.05 |
| Cash per share | $0.26 | $0.48 | $0.56 | $0.14 | $0.46 | $0.16 | $0.23 | $0.12 | $0.15 | $0.43 |
| Book value per share | $32.39 | $32.76 | −$6.60 | −$8.40 | −$6.34 | −$5.16 | −$1.59 | −$3.98 | −$3.23 | −$1.60 |
| Tangible book value per share | −$30.51 | −$8.57 | −$22.43 | −$24.19 | −$21.63 | −$19.75 | −$17.43 | −$14.49 | −$13.41 | −$11.16 |
| Dividends per share | $1.02 | $0.42 | $0.17 | $3.36 | $0.65 | $0.54 | $0.49 | $0.44 | $0.40 | $0.10 |
| Capex per share | $1.83 | $2.15 | $1.67 | $1.07 | $0.94 | $0.79 | $0.79 | $0.78 | $0.61 | $0.41 |
| Debt per share | $27.19 | $0.18 | $24.52 | $24.62 | $22.31 | $20.25 | $18.08 | $15.10 | $14.28 | $11.78 |
| Shares outstanding | 357.0M | 338.0M | 388.8M | 399.0M | 414.3M | 442.9M | 461.6M | 456.1M | 472.4M | 496.5M |
| Change in shares outstanding | +5.6% | −13.1% | −2.6% | −3.7% | −6.5% | −4.1% | +1.2% | −3.5% | −4.8% | −8.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.1% | −39.1% | — | — | — | — | — | — | — | — |
| Return on invested capital (ROIC) | 7.0% | −13.5% | 24.5% | 24.0% | 26.6% | 6.1% | 20.1% | 28.1% | 16.8% | 19.5% |
| Return on assets (ROA) | 2.9% | −8.8% | 12.3% | 12.0% | 12.8% | 1.2% | 9.5% | 14.3% | 7.9% | 9.3% |
| Return on tangible assets | 16.8% | −12.3% | 29.8% | 32.6% | 33.4% | 3.4% | 23.8% | 34.8% | 18.4% | 22.9% |
| Free cash flow margin | 14.5% | 11.6% | 13.2% | 17.2% | 18.5% | 20.7% | 21.2% | 26.4% | 28.9% | 30.2% |
| Income quality (OCF / net income) | 2.36 | — | 1.45 | 1.63 | 1.52 | 15.40 | 2.21 | 1.60 | 2.86 | 2.30 |
| Financial health | ||||||||||
| Total debt | $9.71B | $61.0M | $9.53B | $9.82B | $9.24B | $8.97B | $8.35B | $6.89B | $6.75B | $5.85B |
| Cash & short-term investments | $94.0M | $162.0M | $216.0M | $57.0M | $191.0M | $71.0M | $106.0M | $54.4M | $69.0M | $213.9M |
| Net debt | $9.61B | −$101.0M | $9.32B | $9.77B | $9.05B | $8.90B | $8.24B | $6.83B | $6.68B | $5.63B |
| Debt / equity | 0.84 | 0.01 | — | — | — | — | — | — | — | — |
| Debt / assets | 0.36 | 0.00 | 0.92 | 0.98 | 0.90 | 0.87 | 0.75 | 0.84 | 0.81 | 0.73 |
| Net debt / EBITDA | 4.57 | — | 3.57 | 3.74 | 3.59 | 6.42 | 4.01 | 3.30 | 3.50 | 3.33 |
| Current ratio | 0.30 | 0.42 | 0.39 | 0.35 | 0.40 | 0.31 | 0.30 | 0.17 | 0.17 | 0.24 |
| Quick ratio | 0.30 | 0.42 | 0.39 | 0.35 | 0.31 | 0.30 | 0.30 | 0.16 | 0.16 | 0.23 |
| Interest coverage | 3.2 | -3.1 | 4.6 | 4.8 | 4.9 | 2.2 | 4.2 | 4.9 | 4.7 | 4.3 |
| Working capital | −$2.56B | −$1.58B | −$1.96B | −$1.94B | −$1.80B | −$2.20B | −$2.29B | −$2.32B | −$2.35B | −$2.03B |
| Invested capital | $21.18B | $10.97B | $6.75B | $6.41B | $6.43B | $6.61B | $7.50B | $5.02B | $5.15B | $4.84B |
| Tangible asset value | −$10.89B | −$2.90B | −$8.72B | −$9.65B | −$8.96B | −$8.75B | −$8.05B | −$6.61B | −$6.33B | −$5.54B |
| Net current asset value | −$14.58B | −$15.30B | −$11.67B | −$12.34B | −$11.72B | −$11.65B | −$10.88B | −$9.51B | −$9.38B | −$8.15B |
| Graham number | $40.54 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$42.04 | −$46.86 | −$31.36 | −$32.14 | −$29.07 | −$27.18 | −$24.42 | −$21.38 | −$20.31 | −$16.93 |
| Capital allocation | ||||||||||
| Dividends paid | $365.0M | $143.0M | $65.0M | $1.34B | $268.0M | $237.0M | $226.0M | $201.0M | $190.0M | $48.1M |
| Share buybacks (net) | $136.0M | $6.0M | $274.0M | $647.0M | $1.52B | $1.55B | $2.16B | $1.31B | $1.41B | $1.67B |
| Dividend payout ratio | 45.3% | — | 5.2% | 110.4% | 20.4% | 180.9% | 24.7% | 17.1% | 29.3% | 6.4% |
| Dividends + buybacks / free cash flow | 40.2% | 14.7% | 28.8% | 128.1% | 111.2% | 107.4% | 144.2% | 99.4% | 102.0% | 113.8% |
| Capex / revenue | 7.6% | 8.4% | 7.3% | 4.7% | 4.5% | 4.4% | 4.7% | 6.2% | 5.3% | 4.1% |
| Capex / operating cash flow | 34.4% | 41.8% | 35.5% | 21.6% | 19.4% | 17.3% | 18.0% | 18.9% | 15.5% | 12.0% |
| Capex / depreciation | 1.11 | 1.17 | 0.97 | 0.73 | 0.67 | 0.62 | 0.78 | 1.18 | 0.96 | 0.77 |
| Stock-based compensation / revenue | 2.1% | 2.3% | 2.1% | 2.2% | 2.3% | 2.8% | 3.2% | 2.3% | 2.3% | 2.2% |
| R&D / revenue | 3.1% | 3.4% | 3.6% | 3.2% | 3.0% | 3.3% | 3.6% | 2.1% | 2.1% | 1.6% |
| SG&A / revenue | 15.3% | 16.0% | 16.5% | 17.8% | 18.1% | 18.3% | 18.7% | 14.5% | 14.2% | 14.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 28.9 | 27.4 | 27.8 | 27.9 | 29.3 | 30.5 | 21.1 | 15.0 | 15.6 | 16.7 |
| Days of inventory on hand | — | — | — | — | 10.9 | 1.0 | 1.6 | 2.8 | 2.8 | 3.1 |
| Days payables outstanding | 103.7 | 105.1 | 102.0 | 103.7 | 107.2 | 109.9 | 89.3 | 100.4 | 105.8 | 97.5 |
| Cash conversion cycle (days) | -74.7 | -77.7 | -74.2 | -75.8 | -67.1 | -78.5 | -66.6 | -82.6 | -87.3 | -77.7 |
| Receivables turnover | 12.61 | 13.33 | 13.13 | 13.08 | 12.48 | 11.98 | 17.26 | 24.31 | 23.35 | 21.92 |
| Payables turnover | 3.52 | 3.47 | 3.58 | 3.52 | 3.40 | 3.32 | 4.09 | 3.63 | 3.45 | 3.75 |
| Inventory turnover | — | — | — | — | 33.54 | 375.33 | 232.18 | 131.09 | 128.20 | 117.50 |
| Asset turnover | 0.31 | 0.46 | 0.88 | 0.89 | 0.84 | 0.75 | 0.81 | 0.70 | 0.66 | 0.63 |
| Average receivables | $678.5M | $652.5M | $682.0M | $688.5M | $697.0M | $671.0M | $451.5M | $237.4M | $232.4M | $228.9M |
| Average payables | $1.29B | $1.29B | $1.28B | $1.27B | $1.26B | $1.19B | $943.0M | $764.7M | $753.7M | $669.2M |
| Average inventory | — | — | — | — | $128.0M | $10.5M | $16.6M | $21.2M | $20.3M | $21.3M |
| Intangibles / total assets | 82.4% | 50.8% | 59.3% | 62.9% | 61.7% | 62.5% | 65.6% | 58.6% | 57.7% | 59.3% |
Computed from SIRI's annual financial statements (latest annual report filed February 5, 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.
SIRI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Sirius XM traded at 8.9 times earnings, against a 10-year median of 22.1. Based on the latest twelve months, the trailing P/E is 10.8 and the forward P/E is 8.1. Sirius XM earned a return on equity of 7.1% and a return on invested capital of 7.0% in fiscal 2025. It ended the year with $9.7 billion of debt and $94.0 million in cash and short-term investments, net debt of $9.6 billion. It returned $501.0 million to shareholders: $365.0 million in dividends and $136.0 million in share buybacks, 40% of free cash flow. The share count fell 28.1% from 496.5M to 357.0M over 9 years.
See the SIRI income statement, the SIRI chart for price history, or the SIRI stock overview for the latest quote and news.
SIRI key metrics FAQ
What is Sirius XM's P/E ratio?
Sirius XM's trailing P/E ratio is 10.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.1. At the end of fiscal 2025 it was 8.9, compared with a 10-year median of 22.1.
What is Sirius XM's EV/EBITDA?
Sirius XM's enterprise value was 8.0 times EBITDA at the end of fiscal 2025 (enterprise value $16.8 billion, EBITDA $2.1 billion); the current EV/EBITDA is 8.1.
What is Sirius XM's return on equity?
Sirius XM's return on equity (ROE) was 7.1% in fiscal 2025: net income of $805.0 million on average shareholders' equity of $11.3 billion.
What is Sirius XM's ROIC?
Sirius XM's return on invested capital was 7.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Sirius XM have?
Sirius XM had total debt of $9.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.84 and $9.6 billion of net debt (4.57 times EBITDA).
What is Sirius XM's dividend yield?
Sirius XM's forward dividend yield is 4.00%. Sirius XM paid $365.0 million in dividends in fiscal 2025 ($1.02 per share), a payout ratio of 45.3%.
Does Sirius XM buy back its shares?
Yes. Sirius XM spent $136.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +5.6% over the year, to 357.0M..
What is Sirius XM's free cash flow yield?
Sirius XM generated $1.2 billion of free cash flow in fiscal 2025, a free cash flow yield of 17.4% on its market value at year-end ($7.1 billion).
What is Sirius XM's current ratio?
Sirius XM's current ratio was 0.30 at the end of fiscal 2025: current assets were 0.30 times current liabilities.