OverviewSuggest Edit
EchoStar is a provider of broadband satellite technologies and broadband Internet services. It operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segments offers broadband satellite technologies and internet services for home and small to medium-sized businesses, and satellite services, as well as broadband network technologies, managed services, equipment, hardware, satellite services, and communication solutions for aeronautical and government enterprises, and consumers. The ESS segment provides satellite services using its owned and leased in-orbit satellites and related licenses on a full-time and/or occasional-use basis to the United States government service providers, internet service providers, broadcast news organizations, content providers, and private enterprise customers.
| Type | Public | |
| Founded | 1980 | |
| HQ | Englewood, CO, US | Map |
| Website | echostar.com | |
| Employee Ratings | More | |
| Overall Culture | D- | More |
Key People/Management at EchoStar
Charles W. Ergen
Chairman of the Board
Anders N. Johnson
Chief Strategy Officer, President EchoStar Satellite Services
Michael T. Dugan
CEO, President and Director
Pradman P. Kaul
President, Hughes Network Systems
David J. Rayner
Chief Operating Officer, Chief Financial Officer and Treasurer
Dean A. Manson
Executive Vice President, General Counsel and Secretary
EchoStar Office Locations
EchoStar has an office in Englewood
Englewood, CO, US (HQ)
100 Inverness Terrace E
EchoStar Financials and Metrics
EchoStar Revenue
EchoStar's revenue was reported to be $1.89 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 1.9b |
Net income (FY, 2020) | (51.9m) |
EBIT (FY, 2020) | 112.5m |
Market capitalization (15-Sept-2021) | 2.2b |
Closing stock price (15-Sept-2021) | 24.8 |
Cash (31-Dec-2020) | 896.0m |
EV | 3.9b |
EchoStar's current market capitalization is $2.2 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (21.2m) | 56.5m | 73.0m | 15.0m | 9.9m | (11.2m) | (57.7m) | (72.6m) | (49.3m) |
Depreciation and Amortization | 145.6m | 294.0m | 444.6m | 154.2m | 309.6m | 459.1m | 132.4m | 262.3m | 392.1m |
Inventories | 238.0k | 10.7m | (1.0m) | 2.1m | (8.7m) | ||||
Accounts Payable | 2.4m | 2.5m | 8.8m | (225.0k) | 18.2m | (9.6m) | (11.7m) | (17.8m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 897.9k |
Debt/Equity | 0.9 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2 x |
EchoStar Operating Metrics
EchoStar's Backlog was reported to be $1.4b in Q2, 2020. EchoStar's Broadband Subscribers was reported to be 1.5 m in Q2, 2020.
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $2.78 b | $2.66 b | $2.55 b | $2.43 b | $2.23 b | $2.41 b | $2.18 b | $1.41 b | $1.41 b | $1.21 b | $1.41 b |
Broadband Subscribers | 1.21 m | 1.27 m | 1.3 m | 1.33 m | 1.36 m | 1.39 m | 1.42 m | 1.44 m | 1.48 m | 1.52 m | 1.54 m |
Remaining Performance Obligations | $1.27 b | $1.26 b | $1 b | $939 m | $1.1 b | $1 b | $1.1 b | $857.7 m | $736 m | $691 m | |
Satellite Fleet | 19 | 18 | 17 | 18 | 18 | 18 | 18 | 9 | 10 | 10 | 10 |
EchoStar Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Helios Wire | October 25, 2019 | |
| Move Networks | January 06, 2011 | |
| Satmex | February 26, 2010 | $374 m |
| Sling Media | September 24, 2007 | $380 m |
| EchoStar Corporation | ||
| EchoStar Mexico Holdings Corporation | ||
| EchoStar Mobile Limited | ||
| EchoStar Operating L.L.C. | ||
| EchoStar Orbital L.L.C. | ||
| EchoStar Real Estate Corporation IV |
EchoStar Revenue Breakdown
EchoStar revenue breakdown by business segment: 99.1% from Hughes and 0.9% from Other
EchoStar revenue breakdown by geographic segment: 6.7% from South and Central America, 82.7% from North America and 10.6% from All Other
EchoStar Cybersecurity Score
EchoStar Online and Social Media Presence
3.46k Twitter followers
EchoStar has 3.46k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.3% quarter over quarter
EchoStar's Trends
Twitter Engagement Stats for @EchoStar
1.3k
Tweets
452
Following
3.5k
Followers
4
Tweets last 30 days
3
Avg. likes per Tweet
100%
Tweets with engagement
EchoStar Company Culture
Overall Culture
D-
52/100
CEO Rating
F
53/100
Compensation
D
54/100
Diversity
D+
58/100
EchoStar News and Updates
August 10, 2021
Stellar Exploration propels EchoStar nanosatellite to valuable slot
Stellar Exploration supplied the propulsion system for the Tyvak Nano-Satellite Systems spacecraft that ultimately helped EchoStar claim potentially valuable S-band spectrum rights.
SpaceNews
July 30, 2021
EchoStar Corporation Announces Conference Call For Second Quarter 2021 Financial Results
ENGLEWOOD, Colo., July 30, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its second quarter 2021 financial results on Tuesday, August 3, at 11:00 a.m. Eastern Time. The conference call will be broadcast live in listen-only mode on...
June 07, 2021
EchoStar puts faith in third nanosatellite for global S-band plan
EchoStar hopes the third time will be a charm for the U.S. satellite operator racing to secure global non-geostationary S-band rights this summer.
SpaceNews
February 24, 2021
EchoStar reports Jupiter-3 delay and nanosatellite failures
EchoStar Corp. announced another delay in the launch of its Jupiter-3 communications satellite and the failure of two nanosatellites to reach their intended orbits, during a Feb. 23 quarterly earnings call.
SpaceNews
February 17, 2021
EchoStar Corporation Announces Conference Call For Fourth Quarter and Full Year 2020 Financial Results
ENGLEWOOD, Colo., Feb. 17, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call and webcast to discuss its fourth quarter and full year 2020 financial results on Tuesday, February 23, at 11:00 a.m. Eastern Time. The live webcast will be available in listen...
December 04, 2020
EchoStar Mobile Partners with Jersey Telecom to Bring Ubiquitous, Hybrid Network Capability to Europe
DUBLIN, Dec. 4, 2020 /PRNewswire/ -- EchoStar Mobile today announced a partnership with Jersey Telecom (JT) to bring true, hybrid satellite/cellular capability to Internet of Things (IoT) and Mobility customers across Europe and the UK. EchoStar Mobile is combining its European S-band...
EchoStar Frequently Asked Questions
When was EchoStar founded?
EchoStar was founded in 1980.
Who are EchoStar key executives?
EchoStar's key executives are Charles W. Ergen, Anders N. Johnson and Michael T. Dugan.
How many employees does EchoStar have?
EchoStar has 2,300 employees.
What is EchoStar revenue?
Latest EchoStar annual revenue is $1.9 b.
What is EchoStar revenue per employee?
Latest EchoStar revenue per employee is $820.8 k.
Who are EchoStar competitors?
Competitors of EchoStar include T-Mobile USA, Viasat and Eutelsat.
Where is EchoStar headquarters?
EchoStar headquarters is located at 100 Inverness Terrace E, Englewood.
Where are EchoStar offices?
EchoStar has an office in Englewood.
How many offices does EchoStar have?
EchoStar has 1 office.
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