Sinclair Broadcast Group

Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country. Sinclair owns and operates, programs or provides sales services to more television stations than anyone and has affiliations with all the major networks. In addition, Sinclair is the leading local news provider in the country, as well as a producer of sports content. Sinclair owns a multicast network, four radio stations and a cable network. Sinclair’s broadcast content is delivered via multiple-platforms, including over-the-air, multi-channel video program distributors, and digital platforms. Sinclair, either directly or through its venture subsidiaries, makes equity investments in strategic companies. Sinclair Broadcast Group, Inc. was founded in 1986, went public in 1995 and is traded on the NASDAQ Global Select Market under the ticker symbol SBGI. Throughout our history, Sinclair Broadcast Group has been at the forefront of industry-changing events and technological advances. Our vision and first-to-market mentality drives our ‘next generation’ thinking; stimulating conversations, innovating through our expertise, and advocating for the development of technology and evolving business models. As a leading over-the-air broadcast television company, our primary business is to engage consumers on multiple platforms with relevant and compelling news, entertainment and sports content, and to provide advertisers and business efficient means and value to connect with our mass audiences. We recognize the vital role broadcast television plays in branding and local content delivery, and therefore strive to constantly be at the forefront of leading edge technology and structures to advance the industry.
Company Growth (employees)
Type
Public
HQ
Cockeysville, US
Founded
1986
Size (employees)
8,400 (est)
Website
sbgi.net
Sinclair Broadcast Group was founded in 1986 and is headquartered in Cockeysville, US

Sinclair Broadcast Group Office Locations

Sinclair Broadcast Group has an office in Cockeysville
Cockeysville, US (HQ)
10706 Beaver Dam Rd

Sinclair Broadcast Group Data and Metrics

Sinclair Broadcast Group Financial Metrics

Sinclair Broadcast Group's revenue was reported to be $649.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

649.9 m

Net income (Q1, 2017)

70.7 m

EBIT (Q1, 2017)

157.6 m

Market capitalization (15-Sep-2017)

2.9 b

Cash (31-Mar-2017)

815.7 m
Sinclair Broadcast Group's current market capitalization is $2.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.4 b2 b2.2 b2.7 b

Revenue growth, %

45%12%23%

R&D expense

4.1 m

Operating expense total

4.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

455.1 m495 m504.8 m554.2 m548.4 m578.9 m666.5 m693.8 m649.9 m

R&D expense

2.5 m4.2 m4.8 m1.1 m1.2 m745 k1.2 m

Operating expense total

2.5 m4.2 m4.8 m1.1 m1.2 m745 k1.2 m

EBIT

103 m101.7 m84.5 m114.3 m99.6 m86.3 m129.1 m154 m157.6 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

280.1 m17.7 m150 m260 m

Accounts Receivable

61.8 k

Inventories

30.6 m21.3 m26.9 m36.3 m

Current Assets

697.9 m526.2 m701.8 m905.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

395.5 m99.4 m57.8 m64.6 m119.4 m141.5 m103.7 m104.5 m815.7 m

Current Assets

763 m573.3 m533.8 m543.8 m672.2 m682.5 m678 m790.1 m1.4 b

PP&E

636.1 m712.7 m742.4 m741.9 m746.7 m723.8 m727.8 m713.1 m712.5 m

Goodwill

1.3 b1.8 b2 b2 b2 b2.1 b2 b2 b2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

75.8 m215.1 m176.1 m250.8 m

Depreciation and Amortization

70.6 m103.3 m103.4 m98.5 m

Accounts Receivable

(39 m)(71.7 m)

Accounts Payable

8 m53.3 m(18.1 m)60.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

69.3 m118 m24.8 m71.2 m115.3 m25.6 m76.2 m128.3 m70.7 m

Depreciation and Amortization

49.6 m75 m25.2 m50.5 m75.9 m24 m48.4 m74.3 m24 m

Accounts Receivable

19.6 m3.4 m563 k26.9 m(46.2 m)(77.1 m)1.5 m

Accounts Payable

76.4 m(15.4 m)5.9 m10.9 m18.9 m36.3 m(58.9 m)
USDY, 2017

Revenue/Employee

77.4 k

Financial Leverage

5.8 x
Show all financial metrics

Sinclair Broadcast Group Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Television Stations

164163166173173173173

Television Markets

79798081818181

Channels Affiliated

211215221

Channels

373444471484482483514
Show all operating metrics

Sinclair Broadcast Group Market Value History

Sinclair Broadcast Group Revenue Breakdown

Traffic Overview of Sinclair Broadcast Group

Sinclair Broadcast Group News and Updates

FCC’s favors for Sinclair are the natural byproduct of a pro-industry agenda

 Several Representatives are asking for an explanation for why so many of the FCC’s actions seem to benefit Sinclair Broadcast Group, and a New York Times report details a rather cozy relationship between the two. There’s no big conspiracy, though. Sinclair benefits because the FCC is deregulating t…

John Oliver explains why your local TV news might be filled with right-wing stories

Last Week Tonight with John Oliver wants you to think about your local TV news.  On Sunday, he ran a segment about Sinclair Broadcast Group, which could soon complete a merger with Tribune Media that would let it reach 2.2 million households.  SEE ALSO: John Oliver goes on epic rant about Tr…

How a quiet right-wing TV behemoth just got super-sized, thanks to Trump

One of the most dominant and far-reaching media companies in U.S. history just got even bigger, and there's a chance it could affect the way huge swaths of people get news — but there's a good chance you've never heard of it.  This is why. Meet Sinclair. Sinclair Broadcasting just acquired Tribu…

Some of Wall Street's top boutique firms just landed a big payday

Two big-name deals announced Monday are set to line the pockets of numerous boutique investment banks. The luxury retailer Coach said in a statement that it agreed to buy Kate Spade for $18.50 a share, for a total transaction value of $2.4 billion. And Sinclair Broadcast Gro…

Cable and Miliband set for Ofcom meeting to discuss Fox-Sky deal concerns

A group of high-profile politicians is planning to meet broadcast regulator Ofcom in the coming days to discuss its opposition to 21st Century Fox’s takeover of Sky. Rupert Murdoch’s Fox agreed an £11.7bn deal for the 61 per cent of the British broadcaster that it does not already own at the end …

Domino’s stock has outperformed Google, Facebook, Apple, and Amazon this decade

It’s 2010. You’re an eager investor presented a choice between two stocks: Google or Domino’s pizza company. Where do you put your money? You should…
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Sinclair Broadcast Group Company Life and Culture

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