Free Trial

Iridium Communications (IRDM) Financials

Iridium Communications logo
$25.68 -0.55 (-2.10%)
Closing price 05/28/2025 04:00 PM Eastern
Extended Trading
$25.99 +0.31 (+1.21%)
As of 07:04 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Iridium Communications

Annual Income Statements for Iridium Communications

This table shows Iridium Communications' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
113 15 8.72 -9.32 -56 -166 -24 218 96 -8.31
Consolidated Net Income / (Loss)
113 15 8.72 -9.32 -56 -162 -13 234 111 7.12
Net Income / (Loss) Continuing Operations
113 15 8.72 -9.32 -56 -380 -13 234 111 7.12
Total Pre-Tax Income
110 -4.75 11 -29 -89 -218 -21 120 178 73
Total Operating Income
200 82 77 46 35 10 42 115 176 74
Total Gross Profit
600 566 520 464 441 976 466 404 389 371
Total Revenue
831 791 721 615 583 1,121 523 448 434 411
Operating Revenue
831 791 721 615 583 1,121 523 448 434 411
Total Cost of Revenue
231 225 201 150 143 145 57 44 44 41
Operating Cost of Revenue
231 225 201 150 143 145 57 44 44 41
Total Operating Expenses
400 484 443 418 405 956 424 288 213 297
Selling, General & Admin Expense
168 144 124 100 90 93 98 84 83 81
Research & Development Expense
28 20 16 12 12 14 22 15 16 16
Depreciation Expense
203 320 303 305 303 298 218 122 49 52
Total Other Income / (Expense), net
-91 -86 -66 -75 -124 -456 -62 4.10 1.79 -0.69
Interest Expense
91 90 66 75 124 227 55 -4.33 -2.93 -3.07
Other Income / (Expense), net
0.53 4.01 0.11 -0.42 0.03 -229 -7.15 -0.23 -1.14 -3.76
Income Tax Expense
12 -26 0.29 -20 -33 -56 -7.27 -114 67 66
Other Gains / (Losses), net
15 -6.09 -1.50 0.00 0.00 - - - - -
Basic Earnings per Share
$0.95 $0.12 $0.07 ($0.07) ($0.42) ($1.33) ($0.22) $2.23 $1.00 ($0.09)
Weighted Average Basic Shares Outstanding
118.57M 125.60M 128.26M 133.53M 133.49M 125.17M 108.98M 97.93M 95.97M 95.10M
Diluted Earnings per Share
$0.94 $0.12 $0.07 - - $0.00 $0.00 $1.82 $0.89 ($0.09)
Weighted Average Diluted Shares Outstanding
119.79M 127.22M 130.13M 133.53M 133.49M 0.00 0.00 128.13M 124.88M 95.10M
Weighted Average Basic & Diluted Shares Outstanding
108.84M 122.45M 125.97M 128.37M 134.28M 131.73M 107M 97.90M 95.60M 92.40M
Cash Dividends to Common per Share
$0.55 $0.13 - - - $4,194,000.00 - - - -

Quarterly Income Statements for Iridium Communications

This table shows Iridium Communications' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
30 36 24 32 20 38 -1.64 -31 9.78 -0.81 2.15
Consolidated Net Income / (Loss)
30 36 24 32 20 38 -1.64 -31 9.78 -0.81 2.15
Net Income / (Loss) Continuing Operations
30 36 24 32 20 38 -1.64 -31 9.78 -0.81 2.15
Total Pre-Tax Income
37 31 31 19 29 30 -6.16 -34 5.48 -0.03 0.10
Total Operating Income
60 52 55 44 50 46 28 -16 23 19 18
Total Gross Profit
153 153 156 148 144 139 143 142 142 137 131
Total Revenue
215 213 213 201 204 195 198 193 205 194 184
Operating Revenue
215 213 213 201 204 195 198 193 205 194 184
Total Cost of Revenue
62 60 57 53 60 56 54 52 64 57 53
Operating Cost of Revenue
62 60 57 53 60 56 54 52 64 57 53
Total Operating Expenses
93 101 101 104 94 93 115 158 118 118 113
Selling, General & Admin Expense
36 41 44 47 37 34 33 37 39 37 32
Research & Development Expense
5.42 8.52 6.19 6.51 7.20 5.73 5.04 5.63 3.88 5.75 4.87
Depreciation Expense
52 51 51 51 50 53 77 115 76 76 76
Total Other Income / (Expense), net
-24 -22 -24 -24 -21 -16 -34 -18 -18 -19 -18
Interest Expense
22 22 24 24 21 19 35 19 18 19 18
Other Income / (Expense), net
-1.69 0.83 0.31 -0.65 0.04 3.03 0.34 0.42 0.22 0.48 -0.15
Income Tax Expense
5.82 -6.24 6.01 4.57 7.93 -9.58 -6.01 -5.21 -5.45 -0.72 -2.05
Other Gains / (Losses), net
-0.65 -0.41 -0.47 18 -1.57 -1.77 -1.49 -1.68 -1.16 -1.50 0.00
Basic Earnings per Share
$0.28 $0.31 $0.21 $0.27 $0.16 $0.29 ($0.01) ($0.24) $0.08 ($0.01) $0.02
Weighted Average Basic Shares Outstanding
109.76M 118.57M 117.45M 120.61M 123.15M 125.60M 125.18M 126.24M 127.06M 128.26M 127.70M
Diluted Earnings per Share
$0.27 $0.30 $0.21 $0.27 $0.16 $0.29 ($0.01) ($0.24) $0.08 - $0.02
Weighted Average Diluted Shares Outstanding
110.67M 119.79M 118.11M 121.24M 123.99M 127.22M 125.18M 126.24M 128.74M 130.13M 129.08M
Weighted Average Basic & Diluted Shares Outstanding
108.16M 108.84M 113.85M 236.77M 242.86M 122.45M 247.70M 250.10M 251.85M 125.97M 251.29M
Cash Dividends to Common per Share
$0.14 - $0.14 $0.14 $0.13 - $0.13 $0.13 $0.13 - -

Annual Cash Flow Statements for Iridium Communications

This table details how cash moves in and out of Iridium Communications' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
22 -97 -152 84 14 -242 197 -96 208 -21
Net Cash From Operating Activities
376 315 345 303 250 198 264 260 225 217
Net Cash From Continuing Operating Activities
379 322 349 303 250 198 264 260 225 217
Net Income / (Loss) Continuing Operations
113 15 8.72 -9.32 -56 -162 -13 234 111 7.12
Consolidated Net Income / (Loss)
113 15 8.72 -9.32 -56 -162 -13 234 111 7.12
Depreciation Expense
203 320 303 305 303 298 218 122 49 52
Amortization Expense
2.52 3.74 4.60 4.20 3.66 19 10 0.00 0.89 2.03
Non-Cash Adjustments To Reconcile Net Income
48 70 51 28 47 127 22 31 15 97
Changes in Operating Assets and Liabilities, net
13 -88 -18 -25 -48 -83 27 -85 49 75
Net Cash From Investing Activities
-181 -83 -121 -36 -46 -128 -379 -373 -242 -439
Net Cash From Continuing Investing Activities
-181 -91 -127 -36 -46 -128 -379 -373 -242 -439
Purchase of Property, Plant & Equipment
-70 -81 -77 -42 -39 -118 -391 -400 -406 -495
Acquisitions
0.00 -10 -50 0.00 -0.15 - - - - -
Purchase of Investments
-111 0.00 0.00 -1.64 -7.63 -10 -236 -7.01 -20 -205
Sale and/or Maturity of Investments
0.00 0.00 0.00 7.40 0.00 0.00 248 34 183 260
Net Cash From Financing Activities
-170 -327 -375 -182 -188 -313 194 17 224 202
Net Cash From Continuing Financing Activities
-170 -327 -375 -182 -188 -313 313 17 224 202
Repayment of Debt
-0.35 -1.16 0.00 -200 -398 -1,764 -162 -3.85 -12 -15
Repurchase of Common Equity
-408 -247 -257 -163 0.00 0.00 - - - -
Payment of Dividends
-65 -65 0.00 0.00 - -8.39 -15 -3.86 -15 -15
Issuance of Debt
306 -8.38 -117 179 202 1,450 360 22 251 230
Other Financing Activities, net
-3.26 -5.72 -1.42 1.53 8.20 8.88 10 2.37 -0.08 2.07
Effect of Exchange Rate Changes
-3.22 - - -0.29 -1.49 1.23 -1.27 0.14 0.51 -0.76
Cash Interest Paid
95 92 64 72 99 119 36 0.00 23 19
Cash Income Taxes Paid
5.25 4.23 2.22 1.78 -0.66 -0.61 0.93 1.66 1.39 3.43

Quarterly Cash Flow Statements for Iridium Communications

This table details how cash moves in and out of Iridium Communications' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-45 -67 197 -210 102 3.99 -36 -23 -42 -50 -5.93
Net Cash From Operating Activities
61 105 119 81 71 88 71 87 69 90 89
Net Cash From Continuing Operating Activities
61 108 119 81 71 89 73 91 69 92 92
Net Income / (Loss) Continuing Operations
30 36 24 32 20 38 -1.64 -31 9.78 -0.81 2.15
Consolidated Net Income / (Loss)
30 36 24 32 20 38 -1.64 -31 9.78 -0.81 2.15
Depreciation Expense
52 51 51 51 50 53 77 115 76 76 76
Amortization Expense
0.67 0.70 0.62 0.61 0.60 0.60 1.04 1.06 1.05 1.11 1.17
Non-Cash Adjustments To Reconcile Net Income
12 13 18 1.65 16 15 19 22 14 16 17
Changes in Operating Assets and Liabilities, net
-34 6.96 24 -4.25 -14 -17 -23 -16 -32 -0.57 -4.52
Net Cash From Investing Activities
-25 -24 -19 -123 -15 -16 -12 -22 -33 -27 -14
Net Cash From Continuing Investing Activities
-25 -24 -19 -123 -15 -18 -13 -26 -33 -28 -18
Purchase of Property, Plant & Equipment
-25 -24 -19 -12 -15 -18 -13 -26 -23 -28 -18
Net Cash From Financing Activities
-81 -144 -3.31 -68 46 -69 -93 -87 -78 -111 -83
Net Cash From Continuing Financing Activities
-81 -144 97 -168 46 -69 -93 -87 -78 -111 -83
Repayment of Debt
-4.57 160 -4.73 -151 -4.12 0.00 -1.16 4.13 -4.13 - 8.25
Repurchase of Common Equity
-70 -123 -130 -98 -57 -52 -75 -67 -53 -7.67 -80
Payment of Dividends
-16 -16 -16 -17 -16 -16 -16 -16 -16 - -
Issuance of Debt
20 -164 248 97 125 - -0.13 -8.25 0.00 -104 -
Other Financing Activities, net
-10 -1.00 -0.44 0.09 -1.91 -0.83 -0.66 0.05 -4.29 0.60 1.33
Cash Interest Paid
22 22 29 24 21 19 34 19 19 19 18
Cash Income Taxes Paid
2.40 1.68 0.68 1.54 1.35 1.37 0.96 0.99 0.90 0.89 0.39

Annual Balance Sheets for Iridium Communications

This table presents Iridium Communications' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
2,671 2,662 2,954 3,181 3,361 3,624 4,014 3,782 3,500 3,071
Total Current Assets
293 271 306 424 348 343 390 411 517 482
Cash & Equivalents
94 72 169 321 237 224 273 286 371 186
Accounts Receivable
99 92 82 63 61 69 71 68 57 52
Inventories, net
81 91 40 29 32 40 28 20 18 28
Prepaid Expenses
19 16 15 11 9.46 11 18 25 31 13
Plant, Property, & Equipment, net
2,081 2,196 2,433 2,662 2,917 3,181 3,371 3,210 2,813 2,444
Total Noncurrent Assets
298 195 215 94 96 100 253 161 170 146
Long-Term Investments
43 67 50 0.00 - - - - - -
Goodwill
98 0.00 - - - - - - - -
Intangible Assets
91 41 43 44 46 47 49 50 46 47
Other Noncurrent Operating Assets
67 87 122 50 51 53 204 111 124 8.19
Total Liabilities & Shareholders' Equity
2,671 2,662 2,954 3,181 3,361 3,624 4,014 3,782 3,500 3,071
Total Liabilities
2,095 1,774 1,825 1,893 1,942 2,164 2,413 2,186 2,156 1,842
Total Current Liabilities
169 132 142 109 113 114 263 214 83 102
Short-Term Debt
33 15 17 17 17 11 126 86 0.00 -
Accounts Payable
20 29 21 16 14 6.71 13 43 11 32
Accrued Expenses
65 55 68 48 50 49 57 32 24 29
Current Deferred Revenue
52 33 36 28 32 39 37 38 34 37
Total Noncurrent Liabilities
1,926 1,642 1,684 1,784 1,828 2,051 2,150 1,971 2,073 1,741
Long-Term Debt
1,758 1,467 1,471 1,582 1,597 1,765 1,830 1,618 1,657 1,389
Noncurrent Deferred Revenue
38 44 45 48 51 67 75 48 36 29
Noncurrent Deferred & Payable Income Tax Liabilities
114 115 152 134 155 189 241 246 362 297
Other Noncurrent Operating Liabilities
15 16 16 20 25 29 4.16 60 17 27
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
577 888 1,129 1,288 1,419 1,459 1,602 1,596 1,344 1,229
Total Preferred & Common Equity
577 888 1,129 1,288 1,419 1,459 1,602 1,596 1,344 1,229
Total Common Equity
577 888 1,129 1,288 1,419 1,459 1,602 1,596 1,344 1,229
Common Stock
964 1,090 1,125 1,154 1,161 1,134 1,109 1,081 1,060 1,045
Retained Earnings
-406 -235 -48 141 276 332 502 519 289 193
Accumulated Other Comprehensive Income / (Loss)
18 34 52 -7.05 -17 -6.87 -8.80 -3.80 -5.45 -9.06

Quarterly Balance Sheets for Iridium Communications

This table presents Iridium Communications' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
2,610 2,751 2,718 2,736 2,706 2,780 2,872 3,063
Total Current Assets
257 355 264 377 253 269 279 358
Cash & Equivalents
51 160 64 174 68 103 127 219
Accounts Receivable
105 96 96 93 101 92 101 87
Inventories, net
81 82 86 93 71 56 37 39
Prepaid Expenses
20 17 19 17 13 17 14 13
Plant, Property, & Equipment, net
2,051 2,100 2,127 2,158 2,229 2,291 2,384 2,480
Total Noncurrent Assets
303 297 327 201 224 221 209 224
Long-Term Investments
42 43 44 66 69 70 72 -
Goodwill
99 100 100 - - - - -
Intangible Assets
90 93 96 41 41 42 42 43
Other Noncurrent Operating Assets
72 60 87 94 113 109 95 181
Total Liabilities & Shareholders' Equity
2,610 2,751 2,718 2,736 2,706 2,780 2,872 3,063
Total Liabilities
2,092 2,087 1,931 1,882 1,781 1,780 1,786 1,917
Total Current Liabilities
129 135 118 113 119 124 116 127
Short-Term Debt
29 18 16 16 11 17 17 17
Accounts Payable
11 14 15 23 14 25 24 28
Accrued Expenses
44 56 45 43 59 49 43 46
Current Deferred Revenue
45 48 42 31 34 34 33 36
Total Noncurrent Liabilities
1,963 1,952 1,813 1,769 1,662 1,656 1,670 1,791
Long-Term Debt
1,778 1,777 1,635 1,588 1,471 1,465 1,468 1,573
Noncurrent Deferred Revenue
37 40 41 42 43 43 44 47
Noncurrent Deferred & Payable Income Tax Liabilities
117 120 122 124 132 133 143 154
Other Noncurrent Operating Liabilities
30 15 16 16 17 15 15 17
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
518 664 787 854 925 1,000 1,086 1,145
Total Preferred & Common Equity
518 664 787 854 925 1,000 1,086 1,145
Total Common Equity
518 664 787 854 925 1,000 1,086 1,145
Common Stock
930 1,004 1,044 1,070 1,105 1,119 1,127 1,126
Retained Earnings
-425 -355 -292 -256 -234 -170 -83 -38
Accumulated Other Comprehensive Income / (Loss)
13 15 35 40 53 52 42 57

Annual Metrics And Ratios for Iridium Communications

This table displays calculated financial ratios and metrics derived from Iridium Communications' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
5.05% 9.67% 17.34% 5.32% -47.95% 114.32% 16.73% 3.32% 5.41% 0.69%
EBITDA Growth
-0.69% 6.37% 8.25% 3.85% 251.64% -62.96% 10.67% 5.32% 82.00% -33.49%
EBIT Growth
134.61% 11.53% 67.30% 29.23% 116.20% -735.51% -70.06% -34.23% 150.17% -37.91%
NOPAT Growth
211.53% -23.35% 129.95% 30.52% 250.62% -75.70% -87.09% 105.47% 1,428.70% -90.92%
Net Income Growth
631.60% 76.74% 193.59% 83.38% 65.40% -1,110.39% -105.72% 110.62% 1,458.78% -90.50%
EPS Growth
683.33% 71.43% 0.00% 0.00% 0.00% 0.00% -100.00% 104.49% 1,088.89% -113.04%
Operating Cash Flow Growth
19.38% -8.65% 13.82% 21.26% 26.05% -24.86% 1.57% 15.29% 3.55% 1.21%
Free Cash Flow Firm Growth
-20.01% -8.17% -5.19% -0.24% -14.72% 212.66% -42.66% 47.10% -19.44% -20.16%
Invested Capital Growth
0.00% -6.91% -6.55% -8.01% -7.67% -8.86% 9.81% 15.85% 21.65% 16.50%
Revenue Q/Q Growth
2.25% 0.11% 34.38% -17.57% -62.70% 114.32% 52.21% 111.47% 0.24% 1.46%
EBITDA Q/Q Growth
0.59% 1.64% 303.11% 480.20% 381.71% -68.72% 7.63% -0.62% 67.41% -38.82%
EBIT Q/Q Growth
1.83% 54.12% -15.44% -19.93% 114.96% -11,240.85% 25.46% -32.42% 107.64% -53.39%
NOPAT Q/Q Growth
-0.39% 50.87% 53.01% 65.37% -17.71% 1.43% 49.59% 98.08% 536.84% -92.81%
Net Income Q/Q Growth
-1.47% 165.83% 139.22% 17.97% 64.06% -162.46% -109.84% 101.46% 534.54% -92.85%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 100.00% -100.00% 100.00% 0.00% -111.11%
Operating Cash Flow Q/Q Growth
4.73% -0.78% 0.16% 6.73% 6.36% 9.70% -6.47% -1.61% -41.05% 1.21%
Free Cash Flow Firm Q/Q Growth
-7.68% -21.33% 45.07% 8.50% 7.82% 292.13% 29.62% 32.81% -18.27% 12.03%
Invested Capital Q/Q Growth
-1.08% -1.70% -4.70% -2.61% -2.16% -1.23% 5.96% 10.59% 11.49% 6.00%
Profitability Metrics
- - - - - - - - - -
Gross Margin
72.24% 71.53% 72.10% 75.53% 75.54% 87.05% 89.13% 90.08% 89.79% 90.08%
EBITDA Margin
48.94% 51.77% 53.38% 57.86% 58.68% 8.69% 50.26% 53.01% 52.00% 30.12%
Operating Margin
24.12% 10.32% 10.63% 7.54% 6.08% 0.90% 7.96% 25.77% 40.67% 17.94%
EBIT Margin
24.19% 10.83% 10.65% 7.47% 6.09% -19.56% 6.60% 25.72% 40.41% 17.03%
Profit (Net Income) Margin
13.58% 1.95% 1.21% -1.52% -9.61% -14.45% -2.56% 52.19% 25.60% 1.73%
Tax Burden Percent
102.73% -324.73% 82.99% 32.26% 63.01% 74.27% 64.82% 195.58% 62.32% 9.74%
Interest Burden Percent
54.64% -5.54% 13.69% -62.94% -250.49% 99.48% -59.85% 103.76% 101.67% 104.38%
Effective Tax Rate
11.17% 0.00% 2.78% 0.00% 0.00% 0.00% 0.00% -95.58% 37.68% 90.26%
Return on Invested Capital (ROIC)
7.98% 2.47% 3.00% 1.21% 0.86% 0.22% 0.92% 8.03% 4.63% 0.36%
ROIC Less NNEP Spread (ROIC-NNEP)
3.63% -0.73% -2.17% -1.94% -4.67% -10.11% -1.79% 8.63% 4.74% 0.35%
Return on Net Nonoperating Assets (RNNOA)
7.42% -0.94% -2.28% -1.90% -4.75% -10.81% -1.76% 7.87% 4.00% 0.22%
Return on Equity (ROE)
15.40% 1.53% 0.72% -0.69% -3.89% -10.59% -0.84% 15.91% 8.63% 0.58%
Cash Return on Invested Capital (CROIC)
7.98% 9.62% 9.77% 9.55% 8.83% 9.49% -8.43% -6.65% -14.90% -14.88%
Operating Return on Assets (OROA)
7.53% 3.05% 2.50% 1.40% 1.02% -5.74% 0.89% 3.17% 5.33% 2.34%
Return on Assets (ROA)
4.23% 0.55% 0.28% -0.28% -1.61% -4.24% -0.34% 6.42% 3.38% 0.24%
Return on Common Equity (ROCE)
15.40% 1.53% 0.72% -0.69% -3.89% -10.59% -0.84% 15.91% 8.63% 0.58%
Return on Equity Simple (ROE_SIMPLE)
19.56% 1.74% 0.77% -0.72% -3.95% -11.10% -0.84% 14.65% 8.26% 0.58%
Net Operating Profit after Tax (NOPAT)
178 57 75 32 25 7.08 29 226 110 7.19
NOPAT Margin
21.43% 7.23% 10.34% 5.28% 4.26% 0.63% 5.57% 50.41% 25.35% 1.75%
Net Nonoperating Expense Percent (NNEP)
4.35% 3.19% 5.17% 3.15% 5.52% 10.33% 2.72% -0.60% -0.10% 0.01%
Return On Investment Capital (ROIC_SIMPLE)
7.52% 2.41% 2.85% - - - - - - -
Cost of Revenue to Revenue
27.76% 28.47% 27.90% 24.47% 24.46% 12.95% 10.87% 9.92% 10.21% 9.92%
SG&A Expenses to Revenue
20.25% 18.17% 17.13% 16.35% 15.43% 8.31% 18.71% 18.84% 19.04% 19.80%
R&D to Revenue
3.42% 2.56% 2.25% 1.93% 2.06% 1.28% 4.29% 3.40% 3.71% 3.92%
Operating Expenses to Revenue
48.12% 61.21% 61.47% 67.99% 69.46% 85.25% 81.16% 64.31% 49.12% 72.14%
Earnings before Interest and Taxes (EBIT)
201 86 77 46 36 -219 35 115 175 70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
407 409 385 356 342 97 263 238 226 124
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
5.73 5.63 5.55 4.15 3.62 2.17 1.26 0.71 0.67 0.64
Price to Tangible Book Value (P/TBV)
8.52 5.90 5.77 4.30 3.74 2.24 1.30 0.73 0.69 0.66
Price to Revenue (P/Rev)
3.98 6.32 8.69 8.71 8.81 2.82 3.85 2.53 2.08 1.90
Price to Earnings (P/E)
29.30 324.25 718.58 0.00 0.00 0.00 0.00 5.19 9.43 0.00
Dividend Yield
1.90% 1.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
3.41% 0.31% 0.14% 0.00% 0.00% 0.00% 0.00% 19.27% 10.61% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.22 2.84 3.14 2.58 2.33 1.56 1.12 0.84 0.82 0.83
Enterprise Value to Revenue (EV/Rev)
5.97 8.02 10.45 10.79 11.15 4.21 7.07 5.67 4.95 4.33
Enterprise Value to EBITDA (EV/EBITDA)
12.20 15.49 19.58 18.64 19.01 48.47 14.06 10.69 9.52 14.39
Enterprise Value to EBIT (EV/EBIT)
24.68 74.05 98.14 144.41 183.22 0.00 107.13 22.03 12.26 25.45
Enterprise Value to NOPAT (EV/NOPAT)
27.86 110.99 101.09 204.44 261.99 666.17 126.76 11.24 19.54 247.91
Enterprise Value to Operating Cash Flow (EV/OCF)
13.19 20.14 21.86 21.88 26.05 23.82 14.02 9.78 9.54 8.20
Enterprise Value to Free Cash Flow (EV/FCFF)
27.84 28.48 31.08 25.92 25.39 15.70 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
3.11 1.67 1.32 1.24 1.14 1.22 1.22 1.07 1.23 1.13
Long-Term Debt to Equity
3.05 1.65 1.30 1.23 1.13 1.21 1.14 1.01 1.23 1.13
Financial Leverage
2.05 1.30 1.05 0.98 1.02 1.07 0.98 0.91 0.84 0.62
Leverage Ratio
3.64 2.78 2.54 2.42 2.43 2.50 2.44 2.48 2.55 2.43
Compound Leverage Factor
1.99 -0.15 0.35 -1.52 -6.08 2.48 -1.46 2.57 2.60 2.54
Debt to Total Capital
75.64% 62.54% 56.86% 55.37% 53.20% 54.90% 54.98% 51.62% 55.22% 53.06%
Short-Term Debt to Total Capital
1.40% 0.63% 0.63% 0.57% 0.55% 0.34% 3.54% 2.59% 0.00% 0.00%
Long-Term Debt to Total Capital
74.25% 61.90% 56.22% 54.80% 52.65% 54.56% 51.44% 49.03% 55.22% 53.06%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
24.36% 37.46% 43.14% 44.63% 46.80% 45.10% 45.02% 48.38% 44.78% 46.94%
Debt to EBITDA
4.40 3.62 3.86 4.49 4.71 18.25 7.44 7.17 7.35 11.21
Net Debt to EBITDA
4.07 3.28 3.30 3.59 4.00 15.95 6.40 5.92 5.53 8.07
Long-Term Debt to EBITDA
4.32 3.58 3.82 4.45 4.66 18.13 6.96 6.81 7.35 11.21
Debt to NOPAT
10.06 25.95 19.95 49.29 64.97 250.76 67.08 7.54 15.08 193.15
Net Debt to NOPAT
9.30 23.51 17.02 39.39 55.11 219.20 57.70 6.23 11.34 139.05
Long-Term Debt to NOPAT
9.87 25.68 19.73 48.78 64.29 249.22 62.75 7.16 15.08 193.15
Altman Z-Score
1.35 2.03 2.43 2.12 2.00 1.19 0.87 0.78 0.80 0.70
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.73 2.06 2.16 3.90 3.08 3.01 1.49 1.92 6.21 4.74
Quick Ratio
1.14 1.24 1.77 3.53 2.71 2.57 1.31 1.71 5.62 4.34
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
178 223 242 256 256 301 -267 -187 -354 -296
Operating Cash Flow to CapEx
537.92% 390.92% 447.91% 718.61% 645.58% 168.18% 67.38% 64.89% 55.51% 43.95%
Free Cash Flow to Firm to Interest Expense
1.95 2.46 3.66 3.42 2.06 1.32 -4.84 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
4.13 3.48 5.20 4.05 2.01 0.87 4.78 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
3.36 2.59 4.04 3.49 1.70 0.35 -2.32 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.31 0.28 0.24 0.19 0.17 0.29 0.13 0.12 0.13 0.14
Accounts Receivable Turnover
8.72 9.09 9.90 9.87 8.99 16.02 7.51 7.15 7.95 8.04
Inventory Turnover
2.67 3.44 5.85 4.89 3.94 4.30 2.39 2.32 1.92 1.45
Fixed Asset Turnover
0.39 0.34 0.28 0.22 0.19 0.34 0.16 0.15 0.17 0.19
Accounts Payable Turnover
9.53 9.00 10.71 9.83 13.52 14.82 2.03 1.64 2.08 1.66
Days Sales Outstanding (DSO)
41.86 40.16 36.87 36.99 40.62 22.78 48.59 51.08 45.89 45.40
Days Inventory Outstanding (DIO)
136.47 106.13 62.44 74.66 92.62 84.84 152.81 157.15 190.10 252.05
Days Payable Outstanding (DPO)
38.30 40.57 34.09 37.12 26.99 24.62 179.65 222.68 175.78 220.04
Cash Conversion Cycle (CCC)
140.03 105.71 65.23 74.54 106.25 83.00 21.74 -14.45 60.21 77.41
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,231 2,232 2,397 2,565 2,788 3,020 3,313 3,017 2,605 2,141
Invested Capital Turnover
0.37 0.34 0.29 0.23 0.20 0.35 0.17 0.16 0.18 0.21
Increase / (Decrease) in Invested Capital
-0.11 -166 -168 -223 -232 -294 296 413 463 303
Enterprise Value (EV)
4,959 6,342 7,536 6,628 6,507 4,719 3,696 2,539 2,148 1,783
Market Capitalization
3,304 4,998 6,267 5,351 5,138 3,166 2,014 1,133 901 783
Book Value per Share
$5.07 $7.17 $8.98 $9.74 $10.65 $11.13 $14.38 $16.30 $14.03 $12.94
Tangible Book Value per Share
$3.40 $6.84 $8.64 $9.41 $10.31 $10.77 $13.95 $15.78 $13.55 $12.45
Total Capital
2,368 2,371 2,616 2,886 3,033 3,236 3,557 3,300 3,001 2,617
Total Debt
1,791 1,482 1,487 1,598 1,614 1,776 1,956 1,704 1,657 1,389
Total Long-Term Debt
1,758 1,467 1,471 1,582 1,597 1,765 1,830 1,618 1,657 1,389
Net Debt
1,655 1,343 1,269 1,277 1,369 1,553 1,682 1,406 1,247 1,000
Capital Expenditures (CapEx)
70 81 77 42 39 118 391 400 406 495
Debt-free, Cash-free Net Working Capital (DFCFNWC)
63 83 12 11 6.79 16 -20 -15 23 -8.89
Debt-free Net Working Capital (DFNWC)
157 155 181 332 252 240 254 282 434 380
Net Working Capital (NWC)
124 140 165 316 235 229 128 197 434 380
Net Nonoperating Expense (NNE)
65 42 66 42 81 169 43 -8.01 -1.12 0.07
Net Nonoperating Obligations (NNO)
1,655 1,343 1,269 1,277 1,369 1,561 1,712 1,421 1,261 912
Total Depreciation and Amortization (D&A)
206 324 308 310 307 317 228 122 50 54
Debt-free, Cash-free Net Working Capital to Revenue
7.60% 10.45% 1.71% 1.82% 1.16% 1.47% -3.76% -3.42% 5.32% -2.16%
Debt-free Net Working Capital to Revenue
18.86% 19.54% 25.12% 54.04% 43.11% 21.42% 48.50% 63.02% 99.99% 92.40%
Net Working Capital to Revenue
14.87% 17.65% 22.83% 51.35% 40.24% 20.45% 24.41% 43.93% 99.99% 92.40%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.95 $0.12 $0.07 ($0.07) $0.00 ($1.33) ($0.22) $2.23 $1.00 ($0.09)
Adjusted Weighted Average Basic Shares Outstanding
118.57M 125.60M 128.26M 133.53M 0.00 125.17M 108.98M 97.93M 95.97M 95.10M
Adjusted Diluted Earnings per Share
$0.94 $0.00 $0.00 $0.00 $0.00 ($1.33) ($0.22) $1.82 $0.89 ($0.09)
Adjusted Weighted Average Diluted Shares Outstanding
119.79M 127.22M 130.13M 0.00 0.00 125.17M 108.98M 128.13M 124.88M 95.10M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 ($0.07) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
108.84M 122.45M 125.97M 128.37M 0.00 131.73M 112.24M 98.21M 95.90M 95.13M
Normalized Net Operating Profit after Tax (NOPAT)
178 57 75 32 25 7.08 29 81 110 113
Normalized NOPAT Margin
21.43% 7.23% 10.34% 5.28% 4.26% 0.63% 5.57% 18.04% 25.35% 27.37%
Pre Tax Income Margin
13.22% -0.60% 1.46% -4.70% -15.25% -19.46% -3.95% 26.69% 41.09% 17.77%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.20 0.95 1.16 0.61 0.29 -0.97 0.63 0.00 0.00 0.00
NOPAT to Interest Expense
1.95 0.63 1.12 0.43 0.20 0.03 0.53 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
1.44 0.06 0.00 0.05 -0.03 -1.48 -6.47 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
1.19 -0.26 -0.04 -0.13 -0.11 -0.49 -6.57 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
57.40% 420.20% 0.00% 0.00% 0.00% -5.18% -115.26% 1.65% 13.90% 216.71%
Augmented Payout Ratio
418.94% 2,022.66% 2,947.25% -1,753.86% 0.00% -5.18% -115.26% 1.65% 13.90% 216.71%

Quarterly Metrics And Ratios for Iridium Communications

This table displays calculated financial ratios and metrics derived from Iridium Communications' official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
5.41% 9.37% 7.68% 4.12% -0.69% 0.47% 7.36% 10.40% 22.03% 1,972.67% 13.51%
EBITDA Growth
10.87% 2.31% 0.55% -5.69% -0.08% 6.86% 11.61% 2.72% 4.36% 178.95% 493.40%
EBIT Growth
17.84% 7.32% 93.57% 376.49% 113.18% 156.19% 60.75% -175.57% 21.54% -42.14% 18.60%
NOPAT Growth
40.38% 2.96% 124.26% 397.60% -21.57% 363.98% -95.07% -168.40% 295.32% 75.88% 3,703.28%
Net Income Growth
54.74% -4.42% 1,588.79% 205.19% 101.05% 4,805.82% -176.41% -774.59% 246.14% 86.27% 203.07%
EPS Growth
68.75% 3.45% 2,200.00% 212.50% 100.00% 0.00% -150.00% 0.00% 0.00% 0.00% -33.33%
Operating Cash Flow Growth
-14.48% 19.34% 66.81% -6.82% 3.60% -2.73% -20.00% -12.77% 4.82% 0.60% 1.98%
Free Cash Flow Firm Growth
-80.94% -72.24% -77.94% -95.56% -17.59% 25.09% -48.92% 32.25% 10.07% -21.54% 128.81%
Invested Capital Growth
0.67% 0.00% -0.63% 1.00% -6.46% -6.91% -9.75% -9.37% -7.19% -6.55% -4.50%
Revenue Q/Q Growth
0.89% 0.10% 5.82% -1.37% 4.68% -1.45% 2.33% -5.93% 5.90% 5.31% 5.23%
EBITDA Q/Q Growth
5.67% -1.74% 13.31% -5.76% -2.49% -3.43% 6.28% -0.15% 4.28% 0.86% -2.19%
EBIT Q/Q Growth
10.89% -4.03% 28.29% -13.68% 0.99% 73.09% 283.24% -166.56% 21.36% 8.61% -13.85%
NOPAT Q/Q Growth
-18.98% 42.03% 32.85% -8.17% -40.58% 209.37% 276.29% -124.20% 251.53% -96.72% 2,348.04%
Net Income Q/Q Growth
-16.31% 48.66% -24.40% 64.53% -48.31% 2,415.65% 94.66% -414.49% 1,309.78% -137.60% -52.84%
EPS Q/Q Growth
-10.00% 42.86% -22.22% 68.75% 0.00% 3,000.00% 95.83% -400.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-41.71% -11.66% 46.25% 13.56% -18.66% 23.47% -18.30% 26.26% -23.63% 1.55% -10.92%
Free Cash Flow Firm Q/Q Growth
-42.58% 7.62% 478.50% -94.67% -16.36% -14.49% 16.53% -1.11% 26.95% -65.08% 201.67%
Invested Capital Q/Q Growth
0.05% -1.08% -3.20% 5.08% -0.62% -1.70% -1.61% -2.69% -1.09% -4.70% -1.20%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
71.31% 71.73% 73.39% 73.44% 70.41% 71.44% 72.56% 73.31% 68.95% 70.61% 71.32%
EBITDA Margin
51.68% 49.34% 50.26% 46.94% 49.13% 52.74% 53.82% 51.82% 48.83% 49.58% 51.77%
Operating Margin
28.10% 24.47% 25.78% 21.71% 24.42% 23.77% 14.25% -8.27% 11.28% 9.69% 9.71%
EBIT Margin
27.32% 24.86% 25.93% 21.39% 24.44% 25.33% 14.42% -8.05% 11.38% 9.93% 9.63%
Profit (Net Income) Margin
14.15% 17.06% 11.49% 16.08% 9.64% 19.53% -0.83% -15.92% 4.76% -0.42% 1.17%
Tax Burden Percent
82.46% 119.10% 79.07% 168.39% 67.42% 125.85% 26.65% 89.69% 178.47% 2,448.48% 2,238.54%
Interest Burden Percent
62.82% 57.64% 56.05% 44.66% 58.52% 61.25% -21.62% 220.39% 23.44% -0.17% 0.54%
Effective Tax Rate
15.78% -20.46% 19.42% 23.77% 27.21% -31.70% 0.00% 0.00% -99.56% 0.00% -2,138.54%
Return on Invested Capital (ROIC)
8.95% 10.97% 7.46% 5.69% 6.11% 10.70% 3.29% -1.85% 6.93% 1.97% 45.30%
ROIC Less NNEP Spread (ROIC-NNEP)
7.62% 9.21% 6.11% 5.62% 4.86% 8.94% 1.72% -3.32% 4.18% 0.87% 15.63%
Return on Net Nonoperating Assets (RNNOA)
17.11% 18.85% 11.30% 8.97% 6.64% 11.58% 2.26% -4.06% 4.86% 0.92% 16.99%
Return on Equity (ROE)
26.06% 29.82% 18.76% 14.66% 12.76% 22.28% 5.55% -5.91% 11.78% 2.89% 62.30%
Cash Return on Invested Capital (CROIC)
8.00% 7.98% 8.53% 6.55% 14.60% 9.62% 11.83% 11.09% 12.75% 9.77% 6.49%
Operating Return on Assets (OROA)
8.60% 7.74% 7.72% 6.20% 6.88% 7.13% 3.95% -2.13% 2.90% 2.33% 1.65%
Return on Assets (ROA)
4.46% 5.32% 3.42% 4.66% 2.71% 5.50% -0.23% -4.22% 1.21% -0.10% 0.20%
Return on Common Equity (ROCE)
26.06% 29.82% 18.76% 14.66% 12.76% 22.28% 5.55% -5.91% 11.78% 2.89% 62.30%
Return on Equity Simple (ROE_SIMPLE)
23.83% 0.00% 17.24% 11.23% 2.96% 0.00% -2.53% -1.96% 1.44% 0.00% 0.32%
Net Operating Profit after Tax (NOPAT)
51 63 44 33 36 61 20 -11 46 13 400
NOPAT Margin
23.67% 29.47% 20.77% 16.55% 17.77% 31.31% 9.97% -5.79% 22.50% 6.78% 217.38%
Net Nonoperating Expense Percent (NNEP)
1.33% 1.76% 1.34% 0.07% 1.25% 1.76% 1.57% 1.46% 2.75% 1.10% 29.67%
Return On Investment Capital (ROIC_SIMPLE)
2.19% 2.65% - - - 2.57% - - - 0.50% -
Cost of Revenue to Revenue
28.69% 28.27% 26.61% 26.56% 29.59% 28.56% 27.44% 26.69% 31.05% 29.39% 28.68%
SG&A Expenses to Revenue
16.64% 19.11% 20.66% 23.24% 18.06% 17.62% 16.89% 19.34% 18.85% 18.88% 17.46%
R&D to Revenue
2.52% 4.00% 2.91% 3.24% 3.53% 2.94% 2.55% 2.91% 1.89% 2.97% 2.64%
Operating Expenses to Revenue
43.20% 47.26% 47.61% 51.73% 45.99% 47.67% 58.31% 81.58% 57.67% 60.92% 61.61%
Earnings before Interest and Taxes (EBIT)
59 53 55 43 50 49 28 -16 23 19 18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
111 105 107 94 100 103 106 100 100 96 95
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
5.74 5.73 5.43 4.11 3.78 5.63 6.04 7.70 7.06 5.55 4.82
Price to Tangible Book Value (P/TBV)
9.02 8.52 7.67 5.47 3.97 5.90 6.32 8.04 7.34 5.77 5.01
Price to Revenue (P/Rev)
3.53 3.98 4.44 4.05 4.08 6.32 7.07 9.92 10.11 8.69 10.29
Price to Earnings (P/E)
24.07 29.30 31.49 36.58 127.43 324.25 0.00 0.00 488.97 718.58 0.00
Dividend Yield
2.05% 1.90% 1.77% 1.99% 2.00% 1.29% 0.87% 0.43% 0.21% 0.00% 0.00%
Earnings Yield
4.15% 3.41% 3.18% 2.73% 0.78% 0.31% 0.00% 0.00% 0.20% 0.14% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.10 2.22 2.30 2.05 2.07 2.84 3.05 3.90 3.77 3.14 2.74
Enterprise Value to Revenue (EV/Rev)
5.57 5.97 6.40 5.99 5.81 8.02 8.78 11.60 11.80 10.45 12.85
Enterprise Value to EBITDA (EV/EBITDA)
11.23 12.20 12.86 11.83 11.21 15.49 17.21 23.00 23.00 19.58 72.19
Enterprise Value to EBIT (EV/EBIT)
22.34 24.68 26.34 27.99 40.93 74.05 124.73 201.09 110.58 98.14 75.90
Enterprise Value to NOPAT (EV/NOPAT)
24.32 27.86 29.08 27.29 25.23 110.99 182.99 293.65 68.71 101.09 141.47
Enterprise Value to Operating Cash Flow (EV/OCF)
12.82 13.19 14.48 15.34 14.45 20.14 21.84 26.88 25.72 21.86 20.03
Enterprise Value to Free Cash Flow (EV/FCFF)
26.33 27.84 26.94 31.45 13.69 28.48 24.49 33.47 28.51 31.08 41.24
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
3.49 3.11 2.70 2.10 1.88 1.67 1.60 1.48 1.37 1.32 1.39
Long-Term Debt to Equity
3.43 3.05 2.68 2.08 1.86 1.65 1.59 1.46 1.35 1.30 1.37
Financial Leverage
2.24 2.05 1.85 1.60 1.37 1.30 1.31 1.23 1.16 1.05 1.09
Leverage Ratio
3.90 3.64 3.43 3.08 2.89 2.78 2.79 2.69 2.61 2.54 2.54
Compound Leverage Factor
2.45 2.10 1.93 1.37 1.69 1.71 -0.60 5.92 0.61 0.00 0.01
Debt to Total Capital
77.71% 75.64% 73.00% 67.73% 65.26% 62.54% 61.57% 59.69% 57.75% 56.86% 58.12%
Short-Term Debt to Total Capital
1.23% 1.40% 0.74% 0.67% 0.66% 0.63% 0.47% 0.67% 0.64% 0.63% 0.60%
Long-Term Debt to Total Capital
76.48% 74.25% 72.26% 67.06% 64.60% 61.90% 61.10% 59.02% 57.11% 56.22% 57.51%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
22.29% 24.36% 27.00% 32.27% 34.74% 37.46% 38.43% 40.31% 42.25% 43.14% 41.88%
Debt to EBITDA
4.33 4.40 4.44 4.09 3.92 3.62 3.68 3.78 3.81 3.86 16.64
Net Debt to EBITDA
4.11 4.07 3.94 3.83 3.33 3.28 3.34 3.34 3.30 3.30 14.35
Long-Term Debt to EBITDA
4.26 4.32 4.40 4.05 3.88 3.58 3.65 3.74 3.77 3.82 16.47
Debt to NOPAT
9.37 10.06 10.04 9.43 8.82 25.95 39.13 48.28 11.40 19.95 32.61
Net Debt to NOPAT
8.89 9.30 8.91 8.82 7.50 23.51 35.52 42.61 9.87 17.02 28.12
Long-Term Debt to NOPAT
9.23 9.87 9.94 9.34 8.73 25.68 38.83 47.74 11.27 19.73 32.28
Altman Z-Score
1.08 1.17 1.31 1.26 1.36 1.99 2.15 2.83 2.89 2.37 2.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.99 1.73 2.62 2.25 3.33 2.06 2.13 2.16 2.40 2.16 2.82
Quick Ratio
1.21 1.14 1.89 1.36 2.36 1.24 1.42 1.57 1.95 1.77 2.41
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
36 63 58 10 189 227 265 227 230 181 519
Operating Cash Flow to CapEx
248.84% 431.80% 637.23% 651.94% 490.43% 481.90% 549.58% 328.59% 300.99% 323.25% 493.30%
Free Cash Flow to Firm to Interest Expense
1.65 2.80 2.41 0.42 9.17 11.85 7.64 12.14 12.85 9.39 29.41
Operating Cash Flow to Interest Expense
2.80 4.67 4.89 3.41 3.46 4.59 2.05 4.65 3.85 4.68 5.04
Operating Cash Flow Less CapEx to Interest Expense
1.67 3.59 4.12 2.89 2.75 3.64 1.68 3.23 2.57 3.23 4.02
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.31 0.31 0.30 0.29 0.28 0.28 0.27 0.27 0.25 0.24 0.17
Accounts Receivable Turnover
8.48 8.72 8.24 8.47 8.15 9.09 8.42 9.29 8.39 9.90 6.82
Inventory Turnover
2.68 2.67 2.95 3.16 3.41 3.44 4.10 5.39 6.72 5.85 7.10
Fixed Asset Turnover
0.40 0.39 0.38 0.36 0.35 0.34 0.34 0.32 0.30 0.28 0.21
Accounts Payable Turnover
13.65 9.53 16.14 11.21 9.59 9.00 10.56 11.55 11.36 10.71 11.29
Days Sales Outstanding (DSO)
43.03 41.86 44.29 43.11 44.78 40.16 43.34 39.30 43.50 36.87 53.48
Days Inventory Outstanding (DIO)
136.33 136.47 123.86 115.57 106.91 106.13 88.93 67.76 54.33 62.44 51.41
Days Payable Outstanding (DPO)
26.74 38.30 22.61 32.55 38.05 40.57 34.56 31.60 32.12 34.09 32.33
Cash Conversion Cycle (CCC)
152.62 140.03 145.54 126.13 113.63 105.71 97.71 75.46 65.70 65.23 72.56
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
2,233 2,231 2,256 2,331 2,218 2,232 2,270 2,307 2,371 2,397 2,515
Invested Capital Turnover
0.38 0.37 0.36 0.34 0.34 0.34 0.33 0.32 0.31 0.29 0.21
Increase / (Decrease) in Invested Capital
15 -0.11 -14 23 -153 -166 -245 -238 -184 -168 -118
Enterprise Value (EV)
4,688 4,959 5,197 4,776 4,587 6,342 6,931 9,008 8,949 7,536 6,893
Market Capitalization
2,973 3,304 3,605 3,232 3,223 4,998 5,585 7,701 7,664 6,267 5,522
Book Value per Share
$4.76 $5.07 $5.61 $6.48 $6.93 $7.17 $7.40 $7.94 $8.62 $8.98 $9.02
Tangible Book Value per Share
$3.03 $3.40 $3.97 $4.87 $6.60 $6.84 $7.07 $7.61 $8.28 $8.64 $8.68
Total Capital
2,325 2,368 2,459 2,438 2,457 2,371 2,407 2,481 2,570 2,616 2,734
Total Debt
1,807 1,791 1,795 1,651 1,604 1,482 1,482 1,481 1,484 1,487 1,589
Total Long-Term Debt
1,778 1,758 1,777 1,635 1,588 1,467 1,471 1,465 1,468 1,471 1,573
Net Debt
1,714 1,655 1,592 1,544 1,364 1,343 1,345 1,307 1,285 1,269 1,370
Capital Expenditures (CapEx)
25 24 19 12 15 18 13 26 23 28 18
Debt-free, Cash-free Net Working Capital (DFCFNWC)
105 63 78 100 106 83 77 57 52 12 29
Debt-free Net Working Capital (DFNWC)
156 157 238 163 280 155 145 161 179 181 248
Net Working Capital (NWC)
127 124 220 147 264 140 134 144 162 165 231
Net Nonoperating Expense (NNE)
20 26 20 0.93 17 23 21 20 36 14 398
Net Nonoperating Obligations (NNO)
1,714 1,655 1,592 1,544 1,364 1,343 1,345 1,307 1,285 1,269 1,370
Total Depreciation and Amortization (D&A)
52 52 52 51 50 53 78 116 77 77 78
Debt-free, Cash-free Net Working Capital to Revenue
12.49% 7.60% 9.63% 12.50% 13.43% 10.45% 9.79% 7.41% 6.90% 1.71% 5.43%
Debt-free Net Working Capital to Revenue
18.53% 18.86% 29.27% 20.47% 35.48% 19.54% 18.38% 20.73% 23.60% 25.12% 46.20%
Net Working Capital to Revenue
15.14% 14.87% 27.02% 18.43% 33.42% 17.65% 16.96% 18.61% 21.42% 22.83% 43.13%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.28 $0.31 $0.21 $0.27 $0.16 $0.29 ($0.01) ($0.24) $0.08 ($0.01) $0.02
Adjusted Weighted Average Basic Shares Outstanding
109.76M 118.57M 117.45M 120.61M 123.15M 125.60M 125.18M 126.24M 127.06M 128.26M 127.70M
Adjusted Diluted Earnings per Share
$0.27 $0.30 $0.21 $0.27 $0.16 $0.29 ($0.01) $0.00 $0.00 $0.00 $0.04
Adjusted Weighted Average Diluted Shares Outstanding
110.67M 119.79M 118.11M 121.24M 123.99M 127.22M 125.18M 126.24M 128.74M 130.13M 129.08M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
108.16M 108.84M 113.85M 236.77M 242.86M 122.45M 247.70M 250.10M 251.85M 125.97M 251.29M
Normalized Net Operating Profit after Tax (NOPAT)
51 36 44 33 36 32 20 -11 16 13 13
Normalized NOPAT Margin
23.67% 17.13% 20.77% 16.55% 17.77% 16.64% 9.97% -5.79% 7.89% 6.78% 6.80%
Pre Tax Income Margin
17.16% 14.33% 14.53% 9.55% 14.30% 15.51% -3.12% -17.75% 2.67% -0.02% 0.05%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
2.69 2.36 2.28 1.81 2.41 2.58 0.82 -0.83 1.31 1.00 1.01
NOPAT to Interest Expense
2.33 2.80 1.82 1.40 1.75 3.19 0.57 -0.60 2.58 0.68 22.69
EBIT Less CapEx to Interest Expense
1.57 1.28 1.51 1.28 1.71 1.63 0.45 -2.25 0.03 -0.45 -0.02
NOPAT Less CapEx to Interest Expense
1.21 1.72 1.06 0.88 1.05 2.24 0.20 -2.01 1.30 -0.77 21.67
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
52.09% 57.40% 56.86% 73.39% 254.62% 420.20% -208.40% -166.56% 104.82% 0.00% 0.00%
Augmented Payout Ratio
392.86% 418.94% 350.84% 392.57% 1,247.53% 2,022.66% -1,074.50% -1,224.70% 1,227.87% 2,947.25% 7,891.63%

Frequently Asked Questions About Iridium Communications' Financials

When does Iridium Communications's financial year end?

According to the most recent income statement we have on file, Iridium Communications' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Iridium Communications' net income changed over the last 9 years?

Iridium Communications' net income appears to be on a downward trend, with a most recent value of $112.78 million in 2024, rising from $7.12 million in 2015. The previous period was $15.42 million in 2023. See Iridium Communications' forecast for analyst expectations on what’s next for the company.

What is Iridium Communications's operating income?
Iridium Communications's total operating income in 2024 was $200.38 million, based on the following breakdown:
  • Total Gross Profit: $600.12 million
  • Total Operating Expenses: $399.73 million
How has Iridium Communications revenue changed over the last 9 years?

Over the last 9 years, Iridium Communications' total revenue changed from $411.38 million in 2015 to $830.68 million in 2024, a change of 101.9%.

How much debt does Iridium Communications have?

Iridium Communications' total liabilities were at $2.09 billion at the end of 2024, a 18.1% increase from 2023, and a 13.7% increase since 2015.

How much cash does Iridium Communications have?

In the past 9 years, Iridium Communications' cash and equivalents has ranged from $71.87 million in 2023 to $371.17 million in 2016, and is currently $93.53 million as of their latest financial filing in 2024.

How has Iridium Communications' book value per share changed over the last 9 years?

Over the last 9 years, Iridium Communications' book value per share changed from 12.94 in 2015 to 5.07 in 2024, a change of -60.9%.



This page (NASDAQ:IRDM) was last updated on 5/29/2025 by MarketBeat.com Staff
From Our Partners