Broadcasting
7 companies · $71.0B combined revenue · $-1100M operating profit
The typical US-listed broadcasting company grew revenue -1.5% and earnings -28.2% in its latest year, at a 17.2% operating margin, and 1 of 6 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 0% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more29%
- Operating leverage · Operating income growing faster than a growing revenue50%
- Margin expansion · Operating margin up 1 point or more50%
- Debt reduction · Debt down 5% or more, or net cash17%
Combined revenue · 6 companies reporting in US dollars
Combined operating margin
All 7 companies
| Median | – | -1.5% | -28.2% | 17.2% | 7.3% | 0.70x |
| SKYDSkydance | $29.2B | -1.5% | – | -18%▼ | -14.4%▼ | 0.89x▼ |
| FOXAFox | $17.1B | 5.1%▲ | -24.7%▲ | – | – | 0.57x▲ |
| FWONALiberty Media | $4.5B | 22.7%▲ | – | 12.9%▼ | 4%▼ | 0.66x▲ |
| TMETencent Music Entertainment | CNY 32.9B | 15.8%▲ | 59.7%▲ | 40.6%▲ | 15.2%▲ | – |
| SIRISirius XM | $8.6B | -1.6%▼ | – | 17.2%▲ | 6.2%▼ | 0.75x▼ |
| NXSTNexstar Media | $4.9B | -8.5%▼ | -84.9%▼ | 17.2%▼ | 8.4%▲ | 3.07x▼ |
| VSNTVersant Media | $6.7B | -5.3%▼ | -31.8%▼ | 19%▲ | 10.9%▲ | 0.10x▲ |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).