Sinclair (Sinclair) Net Margin %

: -41.28% (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Sinclair's Net Income for the three months ended in Dec. 2023 was $-341 Mil. Sinclair's Revenue for the three months ended in Dec. 2023 was $826 Mil. Therefore, Sinclair's net margin for the quarter that ended in Dec. 2023 was -41.28%.

The historical rank and industry rank for Sinclair's Net Margin % or its related term are showing as below:

SBGI' s Net Margin % Range Over the Past 10 Years
Min: -40.62 Med: 8.54 Max: 67.52
Current: -9.29

SBGI's Net Margin % is ranked worse than
70.4% of 1037 companies
in the Media - Diversified industry
Industry Median: 1.51 vs SBGI: -9.29

Sinclair Net Margin % Historical Data

The historical data trend for Sinclair's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sinclair Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

1.11

-40.62

-6.75

67.52

-9.29

Sinclair Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																5.73	23.93	-11.59	-6.00	-41.28

Competitive Comparison

For the Entertainment subindustry, Sinclair's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sinclair Net Margin % Distribution

For the Media - Diversified industry and Communication Services sector, Sinclair's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sinclair's Net Margin % falls into.

Sinclair Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sinclair's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-291	/	3134
	=	-9.29 %

Sinclair's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-341	/	826
	=	-41.28 %

Sinclair (NAS:SBGI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Sinclair Net Margin % Related Terms

Thank you for viewing the detailed overview of Sinclair's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sinclair (Sinclair) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sinclair Inc (NAS:SBGI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030

Website

https://www.sbgi.net

Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.

Executives

David B Gibber	officer: SVP & General Counsel	10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Howard E Friedman	director	6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Jeffrey Edward Lewis	officer: Chief Compliance Officer	10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Benjamin Sr Carson	director	PO BOX 3599, BATTLE CREEK MI 49016-3599
Lawrence E Mccanna	director	36 S CHARLES ST, STE 1800, BALTIMORE MD 21201
Frederick G Smith	director, 10 percent owner, officer: Vice President	10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
J Duncan Smith	director, 10 percent owner, officer: Secretary	10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
Laurie R Beyer	director	6331 FALCONWOOD STREET, MIDDLE RIVER MD 21220
David D Smith	director, 10 percent owner, officer: President	C/O SINCLAIR BROADCAST GROUP, 2000 WEST 41ST ST, BALTIMORE MD 21211-1420
Justin Leroy Bray	officer: VP & Treasurer	10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
David R Bochenek	officer: Controller and CAO	10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21030
Barry Faber	officer: Vice President-General Counsel	10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21203
Lucy Rutishauser	officer: Treasurer and VP Corp. Finance	10706 BEAVER DAM RD, COCKEYSVILLE MD 21203
Daniel C Keith	director	102 W PENNSYLVANIA AVE, STE 501, TOWSON MD 21204
Benson E Legg	director	393 SILVER MOSS DRIVE, VERO BEACH FL 32963