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 $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 (25-Jul-2017)

3.3 b

Cash (31-Mar-2017)

815.7 m
Sinclair Broadcast Group's current market capitalization is $3.3 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

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
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

EBIT margin, %

23%21%17%21%18%15%19%22%24%

Pre tax profit

64.7 m56.3 m41.3 m69.7 m51.2 m37.8 m77.2 m79 m99.3 m

Income tax expense

(23.1 m)(7.5 m)(16.4 m)(23.3 m)(7.2 m)(12.2 m)(26.6 m)(27 m)(28.6 m)

Net Income

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

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 m322.5 m

Current Liabilities

343.4 m494 m535 m636.5 m

Total Liabilities

5.4 b

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
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

Total Assets

4.2 b5.3 b5.4 b5.4 b5.5 b5.7 b5.8 b5.9 b6.3 b

Accounts Payable

9.8 m18.8 m7.3 m17.8 m6.7 m261.9 m271.9 m291.2 m246 m

Current Liabilities

336.7 m463 m431.2 m396.9 m491.9 m537.7 m531.7 m599.7 m467.5 m

Common Stock

714 k705 k695 k695 k688 k691 k687 k655 k769 k

Additional Paid-in Capital

1 b1 b979.9 m981.6 m961.7 m973.7 m964.8 m876.9 m1.3 b

Retained Earnings

(657.8 m)(625.5 m)(537.3 m)(507.2 m)(479.6 m)(426.7 m)(394.4 m)(360.5 m)(214.9 m)

Total Equity

370.2 m354.4 m412.4 m446.3 m451.3 m519.9 m542.9 m486.7 m1.1 b

Financial Leverage

11.3 x14.9 x13.1 x12.1 x12.1 x11.1 x10.6 x12.1 x5.8 x
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

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)
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)

Cash From Operating Activities

180 m358.4 m111.6 m178 m311.5 m134 m209.7 m330.3 m69.6 m

Purchases of PP&E

(26.6 m)(58.2 m)(23.6 m)(47.1 m)(72.5 m)(25.9 m)(49.8 m)(68.6 m)(20.8 m)

Cash From Investing Activities

(31.3 m)(1.1 b)(27.9 m)(89.9 m)(127.5 m)(454.6 m)(528.5 m)(557.5 m)

Cash From Financing Activities

607.7 m(43.5 m)(41.2 m)(82.2 m)330.9 m
USDY, 2017

Revenue/Employee

77.4 k

Financial Leverage

5.8 x

Sinclair Broadcast Group Market Value History

Sinclair Broadcast Group News and Updates

Sinclair Broadcast Group Company Life and Culture

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