EchoStar Corporation is the premier global provider of satellite operations and video delivery solutions. EchoStar’s wholly owned subsidiary, Hughes, is the world's leading provider of satellite broadband services, delivering network technologies and managed services in more than 100 countries.
Headquartered in Englewood, Colo., with business units worldwide, EchoStar is a multiple Emmy award-winning company that has pioneered advancements in the TV and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors. Over the last three decades, EchoStar’s innovations in video technology have impacted the way consumers view, receive and manage TV programming, garnering numerous awards in recognition of EchoStar’s advancements to the media landscape.
EchoStar’s consumer solutions include HughesNet®, North America’s #1 high-speed satellite Internet service; Sling Media's Slingbox® products; EchoStar’s line of advanced digital video set-top-box products for the satellite and terrestrial viewer markets, including the Hopper® and Joey®; and further contributions to the worldwide TV experience through partnerships in Canada, Mexico and Europe.
Company Growth (employees)
EchoStar was founded in 1980 and is headquartered in Englewood, US
EchoStar Office Locations
EchoStar has offices in Englewood, Superior, Foster City, Moskva and in 5 other locations
Englewood, US (HQ)
100 Inverness Terrace E
São Paulo, BR
201 Av. Brg. Faria Lima
Griesheim, DE
9 Ottostraße
Linford Wood, GB
Rockingham Dr
Dubai, AE
1206 Dream Tower 1 Sheikh Zayed Rd
Kharkiv, UA
63 Kolomens'ka St
EchoStar Data and Metrics
EchoStar Financial Metrics
EchoStar's revenue was reported to be $433.2 m in Q1, 2017
USD
Revenue (Q1, 2017) | 433.2 m |
Net income (Q1, 2017) | 37.4 m |
EBIT (Q1, 2017) | 51.7 m |
Market capitalization (25-Jul-2017) | 5.9 b |
Cash (31-Mar-2017) | 2.8 b |
EchoStar's current market capitalization is $5.9 b.
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 3.3 b | 3.4 b | 3.1 b | 3.1 b |
Revenue growth, % | 5% | (9%) | (3%) | |
Gross profit | 1.9 b | 2.6 b | 2.3 b | |
Gross profit Margin, % | 56% | 76% | 73% | |
R&D expense | 76 m | |||
General and administrative expense | 385.6 m | |||
Operating expense total | 2.4 b | 2.3 b | 1.9 b | 2.7 b |
EBIT | 108.6 m | 319.9 m | 354.1 m | 364.4 m |
EBIT margin, % | 3% | 9% | 11% | 12% |
Interest expense | 192.6 m | 171.3 m | 122.1 m | 123.6 m |
Interest income | 14.7 m | 9.1 m | 10.4 m | 21.2 m |
Pre tax profit | 34 m | 178.3 m | 221.6 m | 286.8 m |
Income tax expense | 37.4 m | 30.8 m | 72.2 m | 106.2 m |
Net Income | 3.4 m | 147.5 m | 149.4 m | 180.7 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 879.8 m | 895.8 m | 798.7 m | 793.6 m | 760.9 m | 816.4 m | 757.6 m | 742.3 m | 433.2 m |
R&D expense | 14.6 m | 15.7 m | 17.9 m | 19.7 m | 19.9 m | 20.4 m | 20.7 m | 20.6 m | 7.7 m |
General and administrative expense | 90.5 m | 93.1 m | 97.9 m | 90.7 m | 91.8 m | 98.7 m | 96.1 m | 101.5 m | 83 m |
Operating expense total | 105.1 m | 108.8 m | 115.8 m | 110.4 m | 111.7 m | 119.1 m | 116.9 m | 122.1 m | 90.7 m |
EBIT | 92.5 m | 92.3 m | 81.2 m | 94.3 m | 88.6 m | 86.5 m | 89.9 m | 82 m | 51.7 m |
EBIT margin, % | 11% | 10% | 10% | 12% | 12% | 11% | 12% | 11% | 12% |
Interest income | 2.1 m | 2.3 m | 2.6 m | 2.7 m | 2.6 m | 4 m | 3.5 m | 6.3 m | 8.3 m |
Pre tax profit | 48.5 m | 64.5 m | 46 m | 49.9 m | 56.9 m | 76.1 m | 83.8 m | 56.9 m | 30.8 m |
Income tax expense | (27.9 m) | (19.5 m) | 12 k | ||||||
Net Income | 29.6 m | 58.4 m | 27.6 m | 31 m | 28.4 m | 48.4 m | 55.9 m | 37.4 m | 37.4 m |
- Source: SEC Filings
| USD | Y, 2009 | Y, 2010 | Y, 2011 | Y, 2012 | Y, 2013 | Y, 2014 | Y, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|
Cash | 23.3 m | 141.8 m | 614 m | 731.6 m | 634.1 m | 549.1 m | 924.2 m | 2.6 b |
Inventories | 66.1 m | 63 m | 67 m | 72.4 m | ||||
Current Assets | 2.4 b | 2.3 b | 2.1 b | 3.7 b | ||||
Goodwill | 504.2 m | 510.6 m | 510.6 m | 510.6 m | ||||
Total Assets | 6.7 b | 7.3 b | 7.2 b | 9 b | ||||
Accounts Payable | 201.4 m | 188.3 m | 213.7 m | 189.8 m | ||||
Total Debt | 37.3 m | |||||||
Current Liabilities | 558.4 m | 517.7 m | 526.8 m | 531.4 m | ||||
Non-Current Liabilities | 2.9 b | 3.1 b | 2.9 b | 4.5 b | ||||
Total Liabilities | 3.5 b | 3.6 b | 3.5 b | 5 b | ||||
Common Stock | 48 k | 50 k | 51 k | 52 k | ||||
Additional Paid-in Capital | 3.5 b | 3.7 b | 3.8 b | 3.8 b | ||||
Retained Earnings | (171.9 m) | (19 m) | ||||||
Total Equity | 3.2 b | 3.6 b | 3.8 b | 4 b | ||||
Debt to Equity Ratio | 0 x | |||||||
Debt to Assets Ratio | 0 x | |||||||
Financial Leverage | 2.1 x | 2 x | 1.9 x | 2.2 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 708.3 m | 760.4 m | 591.5 m | 502 m | 779.1 m | 898.8 m | 761.8 m | 2.2 b | 2.8 b |
Inventories | 64 m | 68.6 m | 71.1 m | 70.6 m | 74 m | 70.1 m | 72.4 m | 73.8 m | 79.4 m |
Current Assets | 2.4 b | 2.5 b | 2.4 b | 2.2 b | 2.3 b | 2.1 b | 2.1 b | 3.7 b | 3.8 b |
Goodwill | 504.2 m | 510.6 m | 510.6 m | 510.6 m | 510.6 m | 510.6 m | 510.6 m | 510.6 m | 504.2 m |
Total Assets | 7.2 b | 7.3 b | 7.3 b | 7.2 b | 7.3 b | 7.3 b | 7.4 b | 9 b | 8.7 b |
Accounts Payable | 211.3 m | 231.8 m | 219.3 m | 197.4 m | 211.9 m | 231.9 m | 206.1 m | 225.2 m | 134.5 m |
Current Liabilities | 523.2 m | 616.7 m | 555.3 m | 506.2 m | 542.9 m | 2.4 b | 499.4 m | 548.2 m | 423.7 m |
Non-Current Liabilities | 3.1 b | 3.1 b | 3.1 b | 3 b | 3 b | 1.1 b | 2.9 b | 4.5 b | 4.5 b |
Common Stock | 49 k | 49 k | 50 k | 50 k | 50 k | 52 k | 52 k | 52 k | 53 k |
Additional Paid-in Capital | 3.7 b | 3.7 b | 3.7 b | 3.7 b | 3.8 b | 3.8 b | 3.8 b | 3.8 b | 3.6 b |
Retained Earnings | (129.1 m) | (68.9 m) | |||||||
Total Equity | 3.6 b | 3.6 b | 3.7 b | 3.7 b | 3.7 b | 3.9 b | 3.9 b | 4 b | 3.8 b |
Financial Leverage | 2 x | 2 x | 2 x | 2 x | 2 x | 1.9 x | 1.9 x | 2.3 x | 2.3 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 3.4 m | 147.5 m | 149.4 m | 180.7 m |
Depreciation and Amortization | 507.1 m | 556.7 m | 528.2 m | 495.1 m |
Accounts Receivable | 42.6 m | (37 m) | ||
Inventories | 16.5 m | 63 m | (4.9 m) | (4.8 m) |
Accounts Payable | (76.5 m) | 188.3 m | 37.2 m | (24.6 m) |
Cash From Operating Activities | 450.5 m | (85.1 m) | 776.5 m | 803.3 m |
Purchases of PP&E | (391.9 m) | (809.3 m) | ||
Cash From Investing Activities | (570.3 m) | (275.3 m) | (632.3 m) | |
Long-term Borrowings | (40.4 m) | |||
Cash From Financing Activities | 18.3 m | (120.3 m) | 1.5 b | |
Interest Paid | 188.3 m | 179.1 m | 172.7 m | |
Income Taxes Paid | 16.7 m | 6.4 m | 11.7 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 29.6 m | 58.4 m | 27.6 m | 31 m | 28.4 m | 48.4 m | 55.9 m | 37.4 m | 37.4 m |
Depreciation and Amortization | 140.6 m | 142.3 m | 133.2 m | 132.5 m | 132.9 m | 126.7 m | 120.5 m | 123.6 m | 115.1 m |
Inventories | 64 m | 68.6 m | 71.1 m | 70.6 m | 74 m | 70.1 m | 72.4 m | 73.8 m | 79.4 m |
Accounts Payable | 211.3 m | 231.8 m | 219.3 m | 197.4 m | 211.9 m | 231.9 m | 206.1 m | 225.2 m | 134.5 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 108.3 k |
Financial Leverage | 2.3 x |
EchoStar Operating Metrics
EchoStar's Broadband Subscribers was reported to be 1 m in Q1, 2017
- Source: SEC Filings
