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)+5%
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 $2.7 b in FY, 2016 which is a 23% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

2.7 b

Revenue growth (FY, 2015 - FY, 2016), %

23%

Net income (FY, 2016)

250.8 m

EBIT (FY, 2016)

602.9 m

Market capitalization (26-May-2017)

3.4 b

Closing share price (26-May-2017)

33.4

Cash (31-Dec-2016)

260 m
Sinclair Broadcast Group's current market capitalization is $3.4 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.4 b2 b2.2 b2.7 b

Revenue growth, %

45%12%23%

Operating expense total

1 b1.5 b1.8 b2.1 b

EBIT

324 m494.7 m422.7 m602.9 m

EBIT margin, %

24%25%19%22%

Pre tax profit

105.5 m312.5 m233.8 m372.9 m

Income tax expense

(41.2 m)(97.4 m)(57.7 m)(122.1 m)

Net Income

75.8 m215.1 m176.1 m250.8 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

280.1 m17.7 m150 m260 m

Accounts Receivable

Inventories

30.6 m21.3 m26.9 m36.3 m

Current Assets

697.9 m526.2 m701.8 m905.1 m

PP&E

596.1 m752.5 m717.1 m717.6 m

Goodwill

1.4 b2 b1.9 b2 b

Total Assets

4.1 b5.5 b5.4 b6 b

Accounts Payable

14 m12.2 m

Current Liabilities

343.4 m494 m535 m636.5 m

Common Stock

696 k688 k646 k

Additional Paid-in Capital

1.1 b979.2 m962.7 m843.7 m

Retained Earnings

(697 m)(545.8 m)(437 m)(255.8 m)

Total Equity

405.7 m405.3 m499.7 m557.9 m

Financial Leverage

10.2 x13.5 x10.9 x10.7 x
Numbers are in $, 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)(72 m)

Inventories

Accounts Payable

8 m53.3 m(18.1 m)60.1 m

Cash From Operating Activities

160.6 m430.5 m400.7 m591.8 m

Purchases of PP&E

(43.4 m)(81.5 m)(91.4 m)(94.5 m)
Y, 2016

Financial Leverage

10.7 x

Sinclair Broadcast Group Market Value History

Sinclair Broadcast Group News and Updates

Sinclair Broadcast Group Company Life and Culture

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