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 Financials and Metrics

Sinclair Broadcast Group Financials

Sinclair Broadcast Group's revenue was reported to be $2.7 b in FY, 2016
USD

Revenue (Q2, 2017)

679.3 m

Net income (Q2, 2017)

46 m

EBIT (Q2, 2017)

118.8 m

Market capitalization (13-Nov-2017)

3.2 b

Cash (30-Jun-2017)

796 m
Sinclair Broadcast Group's current market capitalization is $3.2 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

338.6 m412.6 m455.1 m495 m504.8 m554.2 m548.4 m578.9 m666.5 m693.8 m649.9 m679.3 m

R&D expense

2.5 m4.2 m4.8 m1.1 m1.2 m745 k1.2 m1.3 m

Operating expense total

265.8 m331.6 m352.1 m393.3 m420.2 m439.8 m448.8 m492.6 m537.5 m539.8 m492.3 m560.4 m

EBIT

72.8 m81 m103 m101.7 m84.5 m114.3 m99.6 m86.3 m129.1 m154 m157.6 m118.8 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

229 m317.8 m395.5 m99.4 m57.8 m64.6 m119.4 m141.5 m103.7 m104.5 m815.7 m796 m

Current Assets

587.6 m785.8 m763 m573.3 m533.8 m543.8 m672.2 m682.5 m678 m790.1 m1.4 b1.4 b

PP&E

513.4 m574.1 m636.1 m712.7 m742.4 m741.9 m746.7 m723.8 m727.8 m713.1 m712.5 m705.5 m

Goodwill

1.3 b1.3 b1.3 b1.8 b2 b2 b2 b2.1 b2 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

71.6 m27.7 m69.3 m118 m24.8 m71.2 m115.3 m25.6 m76.2 m128.3 m70.7 m116.7 m

Depreciation and Amortization

47.1 m24.4 m49.6 m75 m25.2 m50.5 m75.9 m24 m48.4 m74.3 m24 m47.6 m

Accounts Receivable

(37.4 m)19.6 m3.4 m563 k26.9 m(46.2 m)(77.1 m)1.5 m(26.3 m)

Accounts Payable

28 m38 m76.4 m(15.4 m)5.9 m10.9 m18.9 m36.3 m(58.9 m)(23.4 m)
Y, 2017

Financial Leverage

5.6 x
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Sinclair Broadcast Group Operating Metrics

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

Television Stations

164163166173173173173

Television Markets

79798081818181

Channels Affiliated

211215221

Channels

373444471484482483514
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Sinclair Broadcast Group Market Value History

Sinclair Broadcast Group Revenue Breakdown

Sinclair Broadcast Group's Web-traffic and Trends

Sinclair Broadcast Group Company Life and Culture

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