EchoStar (SATS) Financials

$20.17 +0.22 (+1.10%)

Closing price 04:00 PM Eastern

Extended Trading

$20.27 +0.10 (+0.52%)

As of 07:44 PM Eastern

Annual Income Statements for EchoStar

This table shows EchoStar's 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	-120	-1,702	2,478	2,486	-40	-63	-40	394	182	164
Consolidated Net Income / (Loss)	-125	-1,635	2,537	2,521	-52	-74	-39	393	181	149
Net Income / (Loss) Continuing Operations	-125	-1,635	2,537	2,521	-52	-114	-132	123	136	88
Total Pre-Tax Income	-76	-1,932	3,335	3,350	-28	-93	-126	-32	217	139
Total Operating Income	-304	-278	2,233	3,422	112	73	36	31	296	274
Total Gross Profit	5,690	7,505	8,523	9,101	1,144	1,099	1,022	1,024	1,274	1,079
Total Revenue	15,826	17,016	18,634	19,819	1,888	1,886	1,763	1,525	1,810	1,849
Operating Revenue	15,826	17,016	18,634	19,819	1,888	1,886	1,763	1,525	1,810	1,849
Total Cost of Revenue	10,136	9,510	10,111	10,717	744	787	741	501	537	770
Operating Cost of Revenue	10,136	9,510	10,111	10,717	744	787	741	501	537	770
Total Operating Expenses	5,994	7,783	6,290	5,679	1,031	1,026	986	994	978	805
Selling, General & Admin Expense	2,427	2,989	3,015	2,686	475	509	436	371	325	318
Depreciation Expense	1,930	1,598	1,175	1,214	525	491	457	386	433	461
Other Operating Expenses / (Income)	1,637	2,435	2,099	1,778	-	-	-	195	189	-
Impairment Charge	0.00	761	0.71	0.25	1.69	0.00	65	11	0.00	0.00
Total Other Income / (Expense), net	229	-1,654	1,102	-73	-140	-166	-162	-63	-80	-134
Interest Expense	482	90	79	111	148	251	219	184	123	122
Interest & Investment Income	117	207	93	34	1.41	97	62	115	42	-3.32
Other Income / (Expense), net	593	-1,771	1,088	4.72	6.21	-12	-4.33	6.58	2.13	-9.13
Income Tax Expense	49	-297	798	828	24	20	6.58	-155	80	51
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.97	67	59	35	-12	-11	1.84	-0.28	-0.98	-14
Basic Earnings per Share	($0.44)	($6.28)	$9.17	$9.04	($0.41)	($0.65)	($0.42)	$4.13	$1.94	$1.77
Weighted Average Basic Shares Outstanding	274.08M	270.84M	270.10M	275.12M	93.70M	97.80M	96.25M	95.43M	93.60M	92.40M
Diluted Earnings per Share	($0.44)	($6.28)	$8.05	$7.94	($0.41)	($0.65)	($0.42)	$4.07	$1.92	$1.75
Weighted Average Diluted Shares Outstanding	274.08M	270.84M	307.73M	313.12M	93.70M	97.80M	96.25M	95.43M	93.60M	93.47M
Weighted Average Basic & Diluted Shares Outstanding	286.44M	271.52M	83.28M	85.86M	93.70M	97.80M	96.25M	95.43M	93.60M	92.50M

This table shows EchoStar's 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	-203	335	-142	-206	-107	-2,030	-138	213	254	2,350	22
Consolidated Net Income / (Loss)	-203	335	-144	-207	-108	-2,022	-119	233	273	2,418	20
Net Income / (Loss) Continuing Operations	-203	335	-144	-207	-108	-2,022	-119	233	273	2,418	20
Total Pre-Tax Income	-267	438	-179	-224	-110	-2,439	-178	319	367	3,165	33
Total Operating Income	-88	-63	-161	-65	-15	-852	-31	252	353	2,095	47
Total Gross Profit	1,438	1,434	1,353	1,445	1,458	1,875	1,740	1,965	1,925	7,669	278
Total Revenue	3,870	3,967	3,891	3,953	4,015	4,163	4,109	4,356	4,388	17,136	497
Operating Revenue	3,870	3,967	3,891	3,953	4,015	4,163	4,109	4,356	4,388	17,136	497
Total Cost of Revenue	2,432	2,533	2,538	2,507	2,557	2,288	2,369	2,392	2,463	9,467	220
Operating Cost of Revenue	2,432	2,533	2,538	2,507	2,557	2,288	2,369	2,392	2,463	9,467	220
Total Operating Expenses	1,526	1,497	1,514	1,511	1,473	2,727	1,772	1,713	1,572	5,574	231
Selling, General & Admin Expense	598	564	643	595	624	768	762	759	701	2,673	111
Depreciation Expense	488	460	477	508	485	482	397	371	348	828	110
Other Operating Expenses / (Income)	440	473	393	408	363	719	612	583	520	-	-
Total Other Income / (Expense), net	-179	500	-18	-159	-95	-1,587	-147	67	13	1,070	-14
Interest Expense	286	220	82	81	99	27	22	22	20	36	14
Interest & Investment Income	66	61	11	14	30	41	44	54	68	20	2.68
Other Income / (Expense), net	41	659	52	-91	-26	-1,601	-169	34	-35	1,086	-3.12
Income Tax Expense	-64	103	-35	-17	-1.93	-418	-59	86	94	747	13
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.61	-0.11	-1.99	-1.87	-1.00	8.26	20	20	19	68	-2.85
Basic Earnings per Share	($0.71)	$1.24	($0.52)	($0.76)	($0.40)	($7.50)	($0.51)	$0.79	$0.94	$7.67	$0.27
Weighted Average Basic Shares Outstanding	286.51M	274.08M	271.74M	271.59M	271.52M	270.84M	271.25M	270.82M	269.83M	270.10M	83.13M
Diluted Earnings per Share	($0.71)	$1.24	($0.52)	($0.76)	($0.40)	($7.28)	($0.51)	$0.69	$0.82	$6.56	$0.27
Weighted Average Diluted Shares Outstanding	286.51M	274.08M	271.74M	271.59M	271.52M	270.84M	271.25M	308.38M	307.41M	307.73M	83.13M
Weighted Average Basic & Diluted Shares Outstanding	287.38M	286.44M	271.84M	271.68M	271.52M	271.52M	83.91M	83.85M	83.78M	83.28M	83.13M

This table details how cash moves in and out of EchoStar's 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	2,682	-650	-5,715	3,920	-625	592	-1,501	-140	1,647	375
Net Cash From Operating Activities	1,253	2,433	3,621	4,655	534	656	735	727	803	776
Net Cash From Continuing Operating Activities	1,253	2,433	3,621	4,655	534	656	735	727	803	776
Net Income / (Loss) Continuing Operations	-125	-1,635	2,537	2,521	-52	-74	-39	393	181	149
Consolidated Net Income / (Loss)	-125	-1,635	2,537	2,521	-52	-74	-39	393	181	149
Depreciation Expense	1,930	1,598	1,175	1,214	525	588	598	534	495	528
Non-Cash Adjustments To Reconcile Net Income	-548	2,482	-994	30	43	9.48	119	-22	14	50
Changes in Operating Assets and Liabilities, net	-5.19	-12	904	890	14	127	48	-186	107	48
Net Cash From Investing Activities	-3,048	-2,809	-9,060	-4,247	-1,142	822	-2,098	-868	-632	-275
Net Cash From Continuing Investing Activities	-3,048	-2,809	-9,060	-4,247	-1,142	822	-2,098	-868	-632	-275
Purchase of Property, Plant & Equipment	-1,545	-3,062	-3,050	-1,619	-447	-448	-587	-615	-746	-832
Purchase of Investments	-1,254	-2,408	-1,966	-6,339	-2,805	-1,089	-3,089	-856	-923	-601
Sale of Property, Plant & Equipment	122	0.00	0.00	-	-	-	-	-	-	-
Sale and/or Maturity of Investments	573	3,859	4,160	4,391	2,110	2,394	1,498	598	1,009	1,057
Other Investing Activities, net	-945	-1,198	-8,203	-680	-	-	78	4.31	27	100
Net Cash From Financing Activities	4,484	-277	-274	3,515	-16	-885	-137	0.07	1,476	-120
Net Cash From Continuing Financing Activities	4,484	-277	-274	3,515	-16	-885	-137	0.07	1,476	-120
Repayment of Debt	-3,365	-1,678	-2,213	-3,042	-0.56	-926	-117	-44	-53	-159
Repurchase of Common Equity	0.00	0.00	-89	-261	-43	0.00	-33	0.00	0.00	-
Payment of Dividends	-442	-109	0.00	0.00	-	-7.31	0.00	0.00	-	-
Issuance of Debt	8,286	1,500	2,000	6,750	-	-	-	-	1,501	-
Issuance of Common Equity	4.19	11	27	68	28	9.78	9.37	8.76	14	14
Effect of Exchange Rate Changes	-5.72	3.00	-2.31	-3.75	-1.39	-	-	1.35	0.14	-5.70

This table details how cash moves in and out of EchoStar's 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	-1,780	1,786	2,261	-157	-1,208	-131	231	-1,423	672	-6,086	-87
Net Cash From Operating Activities	207	46	276	480	451	411	482	749	790	3,278	92
Net Cash From Continuing Operating Activities	207	46	276	480	451	411	482	749	790	3,278	92
Net Income / (Loss) Continuing Operations	-203	335	-144	-207	-108	-2,022	-119	233	273	2,418	20
Consolidated Net Income / (Loss)	-203	335	-144	-207	-108	-2,022	-119	233	273	2,418	20
Depreciation Expense	488	460	477	508	485	482	397	371	348	828	110
Non-Cash Adjustments To Reconcile Net Income	-30	-650	0.19	59	43	2,258	186	-17	55	-960	18
Changes in Operating Assets and Liabilities, net	-48	-99	-58	121	31	-308	18	163	114	993	-56
Net Cash From Investing Activities	-1,657	-1,871	-329	-610	-238	-399	-158	-2,046	-205	-9,175	-165
Net Cash From Continuing Investing Activities	-1,657	-1,871	-329	-610	-238	-399	-158	-2,046	-205	-9,175	-165
Purchase of Property, Plant & Equipment	-258	-344	-334	-347	-520	-563	-830	-918	-751	-2,784	-66
Purchase of Investments	-1,808	-1,224	-7.32	-2.71	-19	-23	-333	-1,444	-607	-1,425	-357
Sale and/or Maturity of Investments	534	9.61	62	43	459	618	1,175	694	1,372	3,238	251
Other Investing Activities, net	-124	-312	-146	-329	-158	-431	-170	-378	-219	-8,203	-
Net Cash From Financing Activities	-332	3,614	2,314	-24	-1,420	-144	-91	-127	85	-190	-11
Net Cash From Continuing Financing Activities	-332	3,614	2,314	-24	-1,420	-144	-91	-127	85	-190	-11
Repayment of Debt	-334	-2,172	-189	-26	-978	-33	-94	-132	-1,419	-2,210	-0.51
Payment of Dividends	0.00	-	-	-	-442	-109	-	-	0.00	-	-
Issuance of Common Equity	2.53	-0.16	2.52	1.99	-0.16	-0.97	3.27	4.33	3.97	20	2.13
Effect of Exchange Rate Changes	1.71	-2.26	0.24	-2.85	-0.85	1.38	-1.86	1.81	1.68	-	-

This table presents EchoStar's 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	60,939	57,109	58,748	6,045	7,073	7,154	8,661	8,750	9,009	7,209
Total Current Assets	8,096	4,892	6,758	1,927	2,908	2,836	3,581	3,716	3,723	2,134
Cash & Equivalents	4,305	1,821	2,498	536	896	1,519	928	2,431	2,570	924
Restricted Cash	151	0.00	-	-	-	-	-	-	-	-
Short-Term Investments	1,242	623	1,810	1,010	1,638	941	2,282	814	523	612
Accounts Receivable	1,199	1,122	1,183	182	184	197	201	240	202	456
Inventories, net	455	665	626	-	-	-	-	84	63	67
Prepaid Expenses	655	644	618	-	-	-	-	55	43	57
Other Current Assets	88	16	24	198	190	180	166	92	11	17
Plant, Property, & Equipment, net	9,187	9,562	7,905	2,338	2,390	0.00	2,535	3,465	3,398	3,413
Total Noncurrent Assets	43,656	42,655	44,086	1,780	1,775	4,318	2,546	1,569	1,887	1,663
Long-Term Investments	372	432	642	298	285	325	267	161	171	230
Intangible Assets	75	173	1,113	14	18	508	474	596	625	676
Other Noncurrent Operating Assets	43,209	42,050	42,330	957	960	2,978	338	215	179	155
Total Liabilities & Shareholders' Equity	60,939	57,109	58,748	6,045	7,073	7,154	8,661	8,159	9,009	7,209
Total Liabilities	40,693	36,721	36,698	2,631	3,466	3,409	4,506	4,573	5,002	3,428
Total Current Liabilities	5,831	8,019	6,443	460	1,425	496	1,345	414	531	527
Short-Term Debt	943	3,047	1,553	-	898	0.00	920	41	33	36
Accounts Payable	741	774	1,024	319	122	124	121	113	171	238
Accrued Expenses	3,144	3,146	2,735	-	300	271	182	83	96	140
Current Deferred Revenue	651	755	833	-	-	-	-	-	60	62
Other Current Nonoperating Liabilities	352	298	298	-	-	-	50	48	118	8.60
Total Noncurrent Liabilities	34,862	28,702	30,255	2,171	2,041	2,913	3,161	4,159	4,471	2,901
Long-Term Debt	25,660	19,717	21,344	1,496	1,495	2,389	2,386	3,594	3,622	2,157
Noncurrent Deferred & Payable Income Tax Liabilities	4,989	5,014	5,355	404	360	352	288	436	747	650
Other Noncurrent Operating Liabilities	4,213	3,970	3,557	135	115	97	-	-	-	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	438	464	-	-	-	-	-	-	-
Total Equity & Noncontrolling Interests	20,245	19,950	21,586	3,414	3,607	3,746	4,155	4,177	4,007	3,782
Total Preferred & Common Equity	20,191	19,880	21,488	3,354	3,542	3,670	4,140	4,163	3,920	3,695
Total Common Equity	20,191	19,880	21,488	3,354	3,542	3,670	4,140	3,571	3,920	3,695
Common Stock	8,769	8,302	8,223	3,346	3,322	3,291	3,703	3,670	3,829	3,777
Retained Earnings	11,618	11,738	13,440	656	584	633	694	-	314	134
Accumulated Other Comprehensive Income / (Loss)	-196	-160	-175	-212	-188	-122	-125	-	-125	-117
Noncontrolling Interest	54	70	98	60	65	76	15	15	87	86

This table presents EchoStar's 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	60,572	57,547	55,255	55,556	6,230	6,237	6,194	6,125
Total Current Assets	7,648	5,000	2,788	3,117	2,473	2,397	2,180	2,041
Cash & Equivalents	2,530	623	419	614	1,095	702	920	901
Restricted Cash	173	2,047	-	-	-	-	-	-
Short-Term Investments	2,529	52	101	153	895	1,211	755	667
Accounts Receivable	1,184	1,100	1,053	1,023	235	239	252	244
Inventories, net	413	442	557	633	-	-	-	-
Prepaid Expenses	724	650	642	678	-	-	-	-
Other Current Assets	95	87	15	16	248	244	253	229
Plant, Property, & Equipment, net	8,981	9,288	9,427	9,589	2,145	2,168	2,176	2,251
Total Noncurrent Assets	43,942	43,259	43,040	42,850	1,613	1,672	1,838	1,833
Long-Term Investments	375	372	387	430	136	193	365	353
Intangible Assets	71	79	87	128	14	15	15	16
Other Noncurrent Operating Assets	43,497	42,808	42,567	42,293	930	931	925	931
Total Liabilities & Shareholders' Equity	60,572	57,547	55,255	55,556	6,230	6,237	6,194	6,125
Total Liabilities	40,509	38,047	35,623	35,715	2,565	2,566	2,551	2,590
Total Current Liabilities	6,056	7,479	6,977	7,005	397	398	378	406
Short-Term Debt	1,005	2,520	2,083	2,091	-	-	-	-
Accounts Payable	690	707	655	573	274	290	249	279
Accrued Expenses	3,028	3,199	3,279	3,220	-	-	-	-
Current Deferred Revenue	665	646	670	713	-	-	-	-
Other Current Nonoperating Liabilities	668	407	289	408	-	-	-	-
Total Noncurrent Liabilities	34,453	30,568	28,646	28,710	2,168	2,168	2,172	2,184
Long-Term Debt	25,328	21,557	19,679	19,697	1,497	1,497	1,497	1,497
Noncurrent Deferred & Payable Income Tax Liabilities	4,917	4,926	4,975	4,999	433	433	431	434
Other Noncurrent Operating Liabilities	4,208	4,085	3,992	4,015	128	128	132	133
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	20,063	19,500	19,632	19,841	3,666	3,671	3,643	3,536
Total Preferred & Common Equity	20,008	19,443	19,573	19,777	3,573	3,574	3,546	3,439
Total Common Equity	20,008	19,443	19,573	19,777	3,573	3,574	3,546	3,439
Common Stock	8,780	8,337	8,327	8,311	3,384	3,380	3,376	3,361
Retained Earnings	11,416	11,283	11,425	11,631	877	874	863	784
Accumulated Other Comprehensive Income / (Loss)	-188	-178	-179	-165	-162	-154	-167	-180
Noncontrolling Interest	55	57	59	64	92	97	97	96

This table displays calculated financial ratios and metrics derived from EchoStar's 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	-6.99%	-8.69%	-5.98%	949.77%	0.10%	7.00%	15.57%	-15.76%	-2.08%	-46.34%
EBITDA Growth	592.40%	-110.03%	-3.12%	616.19%	-1.13%	2.75%	10.29%	-27.70%	0.90%	-10.83%
EBIT Growth	114.13%	-161.68%	-3.09%	2,787.63%	93.54%	92.82%	-14.38%	-87.55%	12.72%	-20.38%
NOPAT Growth	-9.41%	-111.45%	-34.07%	3,171.93%	53.91%	102.22%	18.24%	-88.53%	7.71%	-36.24%
Net Income Growth	92.38%	-164.44%	0.61%	4,957.88%	30.10%	-92.20%	-109.82%	117.77%	20.97%	1.23%
EPS Growth	92.99%	-178.01%	1.39%	2,036.59%	36.92%	-54.76%	-110.32%	111.98%	9.71%	-1.69%
Operating Cash Flow Growth	-48.50%	-32.82%	-22.21%	771.16%	-18.58%	-10.65%	1.05%	-9.52%	3.46%	-7.58%
Free Cash Flow Firm Growth	-63.06%	98.67%	-1,420.05%	992.10%	39.57%	104.91%	-188.44%	708.10%	517.28%	859.16%
Invested Capital Growth	1.37%	0.69%	1,214.28%	-3.63%	-5.01%	-3.61%	2,411.75%	-103.86%	-7.53%	2.22%
Revenue Q/Q Growth	-1.22%	-43.26%	-6.03%	902.79%	-0.51%	13.23%	8.16%	-17.79%	118.02%	-42.17%
EBITDA Q/Q Growth	374.88%	-108.15%	-2.28%	560.37%	2.42%	26.73%	2.03%	-23.58%	7.07%	-9.65%
EBIT Q/Q Growth	110.49%	-157.14%	-2.57%	1,633.50%	10.66%	159.89%	3.95%	-84.59%	20.97%	-21.79%
NOPAT Q/Q Growth	72.19%	-109.54%	-33.30%	1,820.18%	6.14%	185.56%	-24.14%	-88.13%	15.70%	-24.87%
Net Income Q/Q Growth	94.98%	-158.29%	1.57%	1,698.37%	53.82%	39.54%	-109.99%	231.76%	-11.50%	11.11%
EPS Q/Q Growth	95.09%	-183.07%	3.21%	384.15%	57.73%	48.82%	-110.55%	230.89%	-14.29%	7.36%
Operating Cash Flow Q/Q Growth	-22.59%	-54.10%	-20.78%	679.99%	9.36%	-9.31%	8.20%	-11.42%	8.09%	-1.17%
Free Cash Flow Firm Q/Q Growth	98.00%	-122.37%	-1,492.91%	1,053.13%	26.39%	-81.07%	-2,159.92%	693.25%	426.38%	-37.47%
Invested Capital Q/Q Growth	0.59%	1,235.76%	1,195.17%	-1.60%	-1.04%	0.40%	-19.72%	-103.63%	-12.76%	1.51%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.95%	44.11%	45.74%	45.92%	60.57%	58.25%	57.99%	67.17%	70.36%	58.37%
EBITDA Margin	14.03%	-2.65%	24.13%	23.42%	34.32%	34.75%	36.19%	37.92%	44.18%	42.88%
Operating Margin	-1.92%	-1.63%	11.98%	17.27%	5.96%	3.87%	2.05%	2.00%	16.36%	14.81%
EBIT Margin	1.83%	-12.04%	17.82%	17.29%	6.29%	3.25%	1.80%	2.44%	16.48%	14.31%
Profit (Net Income) Margin	-0.79%	-9.61%	13.61%	12.72%	-2.75%	-3.94%	-2.19%	25.80%	9.98%	8.08%
Tax Burden Percent	164.77%	84.63%	76.06%	75.27%	186.47%	79.70%	30.71%	-1,222.02%	83.41%	107.21%
Interest Burden Percent	-26.11%	94.29%	100.42%	97.75%	-23.45%	-151.93%	-395.52%	-86.69%	72.62%	52.65%
Effective Tax Rate	0.00%	0.00%	23.94%	24.73%	0.00%	0.00%	0.00%	0.00%	37.05%	36.77%
Return on Invested Capital (ROIC)	-0.52%	-0.48%	7.83%	82.47%	2.41%	1.50%	1.52%	1.14%	4.60%	4.15%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.09%	-7.98%	17.20%	96.58%	34.20%	24.79%	4.06%	-15.55%	1.07%	-0.92%
Return on Net Nonoperating Assets (RNNOA)	-0.09%	-7.22%	12.09%	-10.64%	-3.82%	-3.38%	-2.45%	8.45%	0.04%	-0.12%
Return on Equity (ROE)	-0.61%	-7.70%	19.93%	71.82%	-1.41%	-1.88%	-0.92%	9.59%	4.64%	4.03%
Cash Return on Invested Capital (CROIC)	-1.89%	-1.17%	-163.88%	86.17%	7.55%	5.18%	-103.60%	0.00%	12.41%	1.96%
Operating Return on Assets (OROA)	0.49%	-3.54%	10.25%	52.25%	1.67%	0.78%	0.36%	0.42%	3.68%	3.66%
Return on Assets (ROA)	-0.21%	-2.82%	7.83%	38.44%	-0.73%	-0.94%	-0.44%	4.43%	2.23%	2.07%
Return on Common Equity (ROCE)	-0.60%	-7.51%	19.44%	70.54%	-1.38%	-1.86%	-0.53%	5.30%	4.54%	3.94%
Return on Equity Simple (ROE_SIMPLE)	-0.62%	-8.22%	11.81%	75.18%	-1.47%	-2.02%	-0.93%	64.06%	4.61%	4.04%
Net Operating Profit after Tax (NOPAT)	-213	-195	1,698	2,576	79	51	25	21	186	173
NOPAT Margin	-1.35%	-1.14%	9.11%	13.00%	4.17%	2.71%	1.44%	1.40%	10.30%	9.36%
Net Nonoperating Expense Percent (NNEP)	-0.43%	7.50%	-9.37%	-14.11%	-31.78%	-23.29%	-2.54%	16.69%	3.53%	5.08%
Return On Investment Capital (ROIC_SIMPLE)	-0.45%	-0.46%	3.82%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	64.05%	55.89%	54.26%	54.08%	39.43%	41.75%	42.01%	32.83%	29.64%	41.63%
SG&A Expenses to Revenue	15.33%	17.57%	16.18%	13.55%	25.16%	26.99%	24.74%	24.29%	17.95%	17.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	1.56%	1.36%	1.56%	2.08%	1.72%	1.43%
Operating Expenses to Revenue	37.88%	45.74%	33.76%	28.65%	54.61%	54.38%	55.94%	65.16%	54.00%	43.56%
Earnings before Interest and Taxes (EBIT)	289	-2,049	3,321	3,427	119	61	32	37	298	265
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,220	-451	4,496	4,641	648	655	638	578	800	793
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.31	0.07	0.06	0.68	0.59	1.15	0.70	7.60	1.00	0.80
Price to Tangible Book Value (P/TBV)	0.31	0.07	0.07	0.81	0.69	1.59	0.91	7.60	1.41	1.18
Price to Revenue (P/Rev)	0.39	0.08	0.07	0.12	1.10	2.24	1.63	3.06	2.18	1.60
Price to Earnings (P/E)	0.00	0.00	0.56	0.92	0.00	0.00	0.00	11.86	21.68	18.02
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	20.18%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	178.69%	108.92%	0.00%	0.00%	0.00%	8.43%	4.61%	5.55%
Enterprise Value to Invested Capital (EV/IC)	0.65	0.54	0.49	0.65	0.54	1.17	0.78	0.00	1.13	0.82
Enterprise Value to Revenue (EV/Rev)	1.69	1.28	1.07	0.10	0.91	2.07	1.54	2.95	2.44	1.87
Enterprise Value to EBITDA (EV/EBITDA)	12.08	0.00	4.43	0.43	2.65	5.96	4.27	7.78	5.52	4.37
Enterprise Value to EBIT (EV/EBIT)	92.64	0.00	5.99	0.58	14.48	63.70	85.59	121.19	14.81	13.08
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	11.72	0.77	21.83	76.36	107.61	210.42	23.69	19.99
Enterprise Value to Operating Cash Flow (EV/OCF)	21.40	8.96	5.49	0.43	3.22	5.95	3.71	6.19	5.50	4.46
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.74	6.97	22.12	0.00	1.11	8.77	42.42
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.31	1.12	1.04	0.44	0.66	0.64	0.80	0.00	0.91	0.58
Long-Term Debt to Equity	1.27	0.97	0.97	0.44	0.41	0.64	0.57	0.00	0.90	0.57
Financial Leverage	1.01	0.91	0.70	-0.11	-0.11	-0.14	-0.60	-0.54	0.04	0.13
Leverage Ratio	2.91	2.73	2.54	1.87	1.94	2.00	2.09	2.17	2.08	1.95
Compound Leverage Factor	-0.76	2.57	2.56	1.83	-0.45	-3.04	-8.25	-1.88	1.51	1.03
Debt to Total Capital	56.79%	52.75%	50.94%	30.47%	39.89%	38.95%	44.31%	0.00%	47.71%	36.70%
Short-Term Debt to Total Capital	2.01%	7.06%	3.45%	0.00%	14.97%	0.00%	12.32%	0.00%	0.43%	0.60%
Long-Term Debt to Total Capital	54.77%	45.69%	47.49%	30.47%	24.92%	38.95%	31.98%	0.00%	47.28%	36.10%
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	0.12%	1.18%	1.25%	1.23%	1.08%	1.23%	0.20%	0.00%	1.13%	1.44%
Common Equity to Total Capital	43.10%	46.07%	47.81%	68.31%	59.03%	59.82%	55.49%	14.62%	51.16%	61.86%
Debt to EBITDA	11.99	-50.50	5.09	0.32	3.69	3.65	5.18	0.00	4.57	2.77
Net Debt to EBITDA	9.25	-44.12	3.99	-0.08	-0.66	-0.60	-0.27	0.00	0.49	0.54
Long-Term Debt to EBITDA	11.56	-43.74	4.75	0.32	2.31	3.65	3.74	0.00	4.53	2.72
Debt to NOPAT	-124.99	-117.02	13.48	0.58	30.40	46.71	130.68	0.00	19.61	12.67
Net Debt to NOPAT	-96.47	-102.23	10.57	-0.14	-5.41	-7.75	-6.77	0.00	2.10	2.46
Long-Term Debt to NOPAT	-120.56	-101.36	12.57	0.58	18.99	46.71	94.33	0.00	19.43	12.46
Altman Z-Score	0.68	0.42	0.85	6.11	1.05	1.55	1.02	0.94	1.26	1.19
Noncontrolling Interest Sharing Ratio	1.38%	2.52%	2.45%	1.78%	1.91%	1.15%	43.10%	44.75%	2.22%	2.39%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.39	0.61	1.05	4.19	2.04	5.72	2.66	2.21	7.01	4.05
Quick Ratio	1.16	0.44	0.85	3.76	1.91	5.36	2.54	1.58	6.20	3.78
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-771	-473	-35,531	2,692	246	177	-3,600	4,070	504	82
Operating Cash Flow to CapEx	88.05%	79.44%	118.71%	287.49%	119.43%	146.54%	125.18%	118.28%	107.75%	93.37%
Free Cash Flow to Firm to Interest Expense	-1.60	-5.23	-448.52	24.22	1.67	0.70	-16.42	22.07	4.08	0.67
Operating Cash Flow to Interest Expense	2.60	26.92	45.71	41.88	3.61	2.61	3.35	3.94	6.51	6.36
Operating Cash Flow Less CapEx to Interest Expense	-0.35	-6.97	7.20	27.31	0.59	0.83	0.67	0.61	0.47	-0.45
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.27	0.29	0.58	3.02	0.27	0.24	0.20	0.17	0.22	0.26
Accounts Receivable Turnover	13.64	14.77	27.31	108.28	9.92	9.48	8.12	7.01	5.50	4.24
Inventory Turnover	18.09	14.73	0.00	0.00	0.00	0.00	0.00	0.00	8.28	11.84
Fixed Asset Turnover	1.69	1.95	3.64	8.38	0.00	0.00	0.00	0.00	0.53	0.56
Accounts Payable Turnover	13.38	10.58	15.07	48.59	6.04	6.41	0.00	0.00	2.62	3.35
Days Sales Outstanding (DSO)	26.76	24.72	13.37	3.37	36.79	38.48	44.95	52.05	66.36	86.01
Days Inventory Outstanding (DIO)	20.17	24.78	0.00	0.00	0.00	0.00	0.00	0.00	44.09	30.81
Days Payable Outstanding (DPO)	27.28	34.49	24.23	7.51	60.42	56.91	0.00	0.00	139.36	108.85
Cash Conversion Cycle (CCC)	19.66	15.00	-10.86	-4.14	-23.63	-18.42	44.95	52.05	-28.90	7.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	41,131	40,573	40,295	3,066	3,182	3,349	3,475	-150	3,899	4,216
Invested Capital Turnover	0.39	0.42	0.86	6.34	0.58	0.55	1.06	0.81	0.45	0.44
Increase / (Decrease) in Invested Capital	558	278	37,229	-116	-168	-125	3,625	-4,049	-317	91
Enterprise Value (EV)	26,812	21,786	19,896	1,995	1,719	3,906	2,722	4,502	4,417	3,461
Market Capitalization	6,225	1,390	1,387	2,283	2,080	4,226	2,878	4,670	3,938	2,949
Book Value per Share	$74.28	$236.93	$258.48	$38.72	$36.09	$37.61	$43.02	$6.42	$41.66	$39.91
Tangible Book Value per Share	$74.00	$234.87	$245.09	$32.65	$30.69	$27.20	$32.85	$6.42	$29.65	$27.09
Total Capital	46,849	43,152	44,946	4,910	6,001	6,135	7,461	4,201	7,662	5,974
Total Debt	26,603	22,764	22,896	1,496	2,393	2,389	3,306	0.00	3,655	2,192
Total Long-Term Debt	25,660	19,717	21,344	1,496	1,495	2,389	2,386	0.00	3,622	2,157
Net Debt	20,533	19,887	17,947	-348	-426	-396	-171	-168	392	426
Capital Expenditures (CapEx)	1,423	3,062	3,050	1,619	447	448	587	615	746	832
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2,491	-2,525	-2,440	-80	-153	-120	-55	178	132	106
Debt-free Net Working Capital (DFNWC)	3,208	-80	1,868	1,467	2,381	2,340	3,155	178	3,225	1,643
Net Working Capital (NWC)	2,265	-3,127	315	1,467	1,483	2,340	2,236	178	3,192	1,607
Net Nonoperating Expense (NNE)	-88	1,440	-839	55	131	125	64	-372	5.75	24
Net Nonoperating Obligations (NNO)	20,886	20,185	18,245	-348	-426	-396	-681	-4,351	-108	434
Total Depreciation and Amortization (D&A)	1,930	1,598	1,175	1,214	529	594	606	541	502	528
Debt-free, Cash-free Net Working Capital to Revenue	-15.74%	-14.84%	-13.09%	-0.40%	-8.11%	-6.35%	-3.13%	11.67%	7.29%	5.73%
Debt-free Net Working Capital to Revenue	20.27%	-0.47%	10.02%	7.40%	126.13%	124.08%	179.01%	11.67%	178.12%	88.84%
Net Working Capital to Revenue	14.31%	-18.38%	1.69%	7.40%	78.55%	124.08%	126.84%	11.67%	176.30%	86.91%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.44)	($6.28)	$2.10	$0.81	($0.41)	($0.65)	($0.42)	$4.13	$1.94	$1.77
Adjusted Weighted Average Basic Shares Outstanding	274.08M	270.84M	83.28M	85.86M	93.70M	97.80M	95.35M	95.43M	93.80M	92.40M
Adjusted Diluted Earnings per Share	($0.44)	($6.28)	$2.10	$0.81	($0.41)	($0.65)	($0.42)	$4.07	$1.92	$1.75
Adjusted Weighted Average Diluted Shares Outstanding	274.08M	270.84M	83.28M	85.86M	93.70M	97.80M	95.35M	96.74M	94.41M	93.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.41)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	286.44M	271.52M	83.28M	85.86M	93.70M	97.80M	95.35M	95.83M	94.59M	93.25M
Normalized Net Operating Profit after Tax (NOPAT)	-213	338	1,699	2,576	80	51	71	29	186	173
Normalized NOPAT Margin	-1.35%	1.99%	9.12%	13.00%	4.23%	2.71%	4.03%	1.90%	10.30%	9.36%
Pre Tax Income Margin	-0.48%	-11.35%	17.90%	16.90%	-1.47%	-4.94%	-7.14%	-2.11%	11.97%	7.54%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.60	-22.67	41.93	30.83	0.80	0.24	0.15	0.20	2.42	2.17
NOPAT to Interest Expense	-0.44	-2.15	21.44	23.18	0.53	0.20	0.12	0.12	1.51	1.42
EBIT Less CapEx to Interest Expense	-2.35	-56.56	3.42	16.26	-2.22	-1.54	-2.53	-3.13	-3.62	-4.65
NOPAT Less CapEx to Interest Expense	-3.40	-36.04	-17.07	8.61	-2.49	-1.58	-2.56	-3.22	-4.53	-5.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-354.98%	-6.69%	0.00%	0.00%	0.00%	-9.85%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-354.98%	-6.69%	3.52%	10.37%	-83.73%	-9.85%	-86.18%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from EchoStar's 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	-3.61%	-4.70%	-5.30%	-9.27%	-8.50%	-75.71%	726.09%	772.49%	774.85%	-6.52%	-1.44%
EBITDA Growth	-0.55%	153.59%	87.28%	-46.62%	-33.36%	-149.17%	27.45%	306.30%	287.55%	-2.55%	-12.96%
EBIT Growth	-13.03%	124.31%	45.75%	-154.79%	-112.98%	-177.12%	-556.15%	537.11%	520.94%	-2.68%	-22.60%
NOPAT Growth	-478.14%	91.96%	-412.83%	-124.87%	-104.06%	-137.27%	-178.15%	507.14%	698.28%	-34.73%	-25.82%
Net Income Growth	-87.57%	116.58%	-21.11%	-189.16%	-139.72%	-183.61%	-707.35%	2,121.83%	206.76%	1.65%	-35.30%
EPS Growth	-77.50%	117.03%	-1.96%	-210.14%	-148.78%	-210.98%	-288.89%	331.25%	-22.64%	3.96%	-28.95%
Operating Cash Flow Growth	-54.18%	-88.92%	-42.76%	-35.96%	-42.87%	-87.46%	426.20%	408.67%	657.00%	-22.46%	-23.10%
Free Cash Flow Firm Growth	98.20%	30.74%	-73,419.20%	-15,512.24%	-11,110.76%	97.55%	59.01%	173.15%	325.33%	-1,487.61%	-76.25%
Invested Capital Growth	1.51%	1.37%	1,246.20%	1,231.92%	1,217.42%	0.69%	-2.37%	-1.95%	-2.51%	1,214.28%	-0.14%
Revenue Q/Q Growth	-2.45%	1.95%	-1.56%	-1.55%	-48.91%	1.31%	-5.68%	-0.71%	-74.40%	3,345.21%	-0.39%
EBITDA Q/Q Growth	-58.19%	186.39%	5.17%	-21.03%	132.29%	-1,100.92%	-70.03%	-1.41%	-83.38%	2,494.71%	-4.45%
EBIT Q/Q Growth	-107.84%	648.78%	30.73%	-279.33%	98.45%	-1,124.83%	-169.96%	-10.13%	-89.99%	7,144.65%	-2.29%
NOPAT Q/Q Growth	-28.56%	57.36%	-145.94%	-328.82%	98.32%	-2,618.20%	-111.93%	-30.00%	-83.57%	5,599.13%	-7.35%
Net Income Q/Q Growth	-160.66%	333.04%	30.68%	-91.43%	94.94%	-1,602.61%	-151.03%	-14.72%	-88.72%	12,267.90%	86.67%
EPS Q/Q Growth	-157.26%	338.46%	31.58%	-90.00%	94.89%	-1,327.45%	-173.91%	-15.85%	-87.50%	2,329.63%	68.75%
Operating Cash Flow Q/Q Growth	353.88%	-83.50%	-42.43%	6.31%	-78.83%	-14.79%	-35.60%	-5.16%	-75.90%	3,475.15%	-37.75%
Free Cash Flow Firm Q/Q Growth	-11.95%	98.40%	-0.54%	-0.02%	-4,039.72%	-1,788.89%	-78.87%	-28.54%	100.96%	-109,511.04%	-63.69%
Invested Capital Q/Q Growth	0.79%	0.59%	0.28%	-0.16%	0.66%	1,235.76%	-0.78%	-1.25%	-92.31%	1,195.17%	-0.36%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.15%	36.15%	34.77%	36.56%	36.31%	45.04%	42.35%	45.10%	43.87%	44.75%	55.87%
EBITDA Margin	11.41%	26.62%	9.48%	8.87%	11.06%	-47.35%	4.79%	15.08%	15.19%	23.39%	31.06%
Operating Margin	-2.28%	-1.58%	-4.13%	-1.65%	-0.38%	-20.47%	-0.76%	5.79%	8.05%	12.22%	9.46%
EBIT Margin	-1.21%	15.03%	-2.79%	-3.97%	-1.03%	-58.94%	-4.87%	6.57%	7.26%	18.56%	8.83%
Profit (Net Income) Margin	-5.25%	8.45%	-3.70%	-5.25%	-2.70%	-48.57%	-2.89%	5.34%	6.22%	14.11%	3.93%
Tax Burden Percent	76.06%	76.55%	80.35%	92.57%	98.25%	82.88%	66.64%	72.95%	74.40%	76.40%	59.70%
Interest Burden Percent	571.79%	73.42%	164.70%	142.86%	266.72%	99.43%	88.96%	111.41%	115.12%	99.49%	74.57%
Effective Tax Rate	0.00%	23.45%	0.00%	0.00%	0.00%	0.00%	0.00%	27.05%	25.60%	23.60%	40.30%
Return on Invested Capital (ROIC)	-0.61%	-0.47%	-2.11%	-0.86%	-0.20%	-6.03%	-5.21%	36.03%	42.97%	8.03%	35.96%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.28%	1.40%	-2.41%	-2.43%	-1.16%	-13.45%	13.18%	26.17%	40.81%	17.16%	38.00%
Return on Net Nonoperating Assets (RNNOA)	-1.36%	1.41%	-2.16%	-2.14%	-1.01%	-12.18%	-1.93%	-3.60%	-5.22%	12.06%	-4.50%
Return on Equity (ROE)	-1.96%	0.94%	-4.27%	-3.00%	-1.21%	-18.21%	-7.14%	32.43%	37.75%	20.09%	31.46%
Cash Return on Invested Capital (CROIC)	-2.14%	-1.89%	-175.83%	-175.14%	-173.84%	-1.17%	68.70%	69.31%	64.05%	-163.88%	81.93%
Operating Return on Assets (OROA)	-0.33%	4.03%	-1.40%	-2.10%	-0.56%	-17.31%	-23.66%	28.06%	26.45%	10.68%	28.45%
Return on Assets (ROA)	-1.42%	2.27%	-1.86%	-2.77%	-1.46%	-14.27%	-14.03%	22.81%	22.65%	8.12%	12.67%
Return on Common Equity (ROCE)	-1.96%	0.93%	-4.24%	-2.98%	-1.20%	-17.75%	-6.95%	31.54%	36.66%	19.60%	30.74%
Return on Equity Simple (ROE_SIMPLE)	-1.10%	0.00%	-12.76%	-12.55%	-10.19%	0.00%	78.49%	82.34%	76.73%	0.00%	72.62%
Net Operating Profit after Tax (NOPAT)	-62	-48	-113	-46	-11	-596	-22	184	263	1,600	28
NOPAT Margin	-1.59%	-1.21%	-2.89%	-1.16%	-0.27%	-14.33%	-0.53%	4.22%	5.99%	9.34%	5.65%
Net Nonoperating Expense Percent (NNEP)	0.67%	-1.87%	0.30%	1.57%	0.96%	7.42%	-18.39%	9.87%	2.16%	-9.14%	-2.04%
Return On Investment Capital (ROIC_SIMPLE)	-0.13%	-0.10%	-	-	-	-1.40%	-	-	-	3.60%	-
Cost of Revenue to Revenue	62.85%	63.85%	65.23%	63.44%	63.69%	54.96%	57.65%	54.90%	56.13%	55.25%	44.13%
SG&A Expenses to Revenue	15.45%	14.22%	16.53%	15.05%	15.55%	18.45%	18.55%	17.41%	15.97%	15.60%	22.40%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.85%
Operating Expenses to Revenue	39.43%	37.73%	38.90%	38.22%	36.69%	65.51%	43.12%	39.31%	35.82%	32.53%	46.41%
Earnings before Interest and Taxes (EBIT)	-47	596	-109	-157	-41	-2,453	-200	286	319	3,181	44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	442	1,056	369	351	444	-1,971	197	657	666	4,009	154
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.37	0.31	0.35	0.25	0.20	0.07	0.39	0.41	0.43	0.06	0.40
Price to Tangible Book Value (P/TBV)	0.37	0.31	0.35	0.25	0.20	0.07	0.46	0.48	0.51	0.07	0.47
Price to Revenue (P/Rev)	0.47	0.39	0.42	0.30	0.23	0.08	0.05	0.06	0.07	0.07	0.07
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.52	0.51	0.58	0.56	0.56
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	190.66%	195.40%	173.31%	178.69%	179.93%
Enterprise Value to Invested Capital (EV/IC)	0.68	0.65	0.68	0.63	0.60	0.54	0.29	0.31	0.35	0.49	0.33
Enterprise Value to Revenue (EV/Rev)	1.79	1.69	1.73	1.59	1.47	1.28	0.03	0.04	0.05	1.07	0.05
Enterprise Value to EBITDA (EV/EBITDA)	12.68	12.08	0.00	0.00	0.00	0.00	0.16	0.17	0.22	4.43	0.23
Enterprise Value to EBIT (EV/EBIT)	98.96	92.64	0.00	0.00	0.00	0.00	0.24	0.25	0.30	5.99	0.31
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.43	0.45	0.56	11.72	0.41
Enterprise Value to Operating Cash Flow (EV/OCF)	27.88	21.40	17.17	14.11	11.71	8.96	0.16	0.19	0.25	5.49	0.23
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.41	0.44	0.54	0.00	0.41
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.31	1.31	1.23	1.11	1.10	1.12	0.41	0.41	0.41	1.04	0.42
Long-Term Debt to Equity	1.26	1.27	1.11	1.00	0.99	0.97	0.41	0.41	0.41	0.97	0.42
Financial Leverage	1.06	1.01	0.90	0.88	0.87	0.91	-0.15	-0.14	-0.13	0.70	-0.12
Leverage Ratio	2.91	2.91	2.75	2.64	2.63	2.73	1.72	1.72	1.72	2.54	1.74
Compound Leverage Factor	16.64	2.13	4.53	3.77	7.01	2.71	1.53	1.92	1.98	2.53	1.30
Debt to Total Capital	56.76%	56.79%	55.25%	52.57%	52.34%	52.75%	29.00%	28.97%	29.12%	50.94%	29.74%
Short-Term Debt to Total Capital	2.17%	2.01%	5.78%	5.03%	5.02%	7.06%	0.00%	0.00%	0.00%	3.45%	0.00%
Long-Term Debt to Total Capital	54.59%	54.77%	49.47%	47.54%	47.32%	45.69%	29.00%	28.97%	29.12%	47.49%	29.74%
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	0.12%	0.12%	0.13%	0.14%	0.15%	1.18%	1.79%	1.88%	1.89%	1.25%	1.91%
Common Equity to Total Capital	43.12%	43.10%	44.62%	47.29%	47.51%	46.07%	69.21%	69.15%	68.99%	47.81%	68.35%
Debt to EBITDA	11.88	11.99	-29.82	-22.22	-32.37	-50.50	0.27	0.27	0.30	5.09	0.33
Net Debt to EBITDA	9.35	9.25	-25.99	-21.29	-30.59	-44.12	-0.11	-0.11	-0.11	3.99	-0.09
Long-Term Debt to EBITDA	11.42	11.56	-26.70	-20.09	-29.26	-43.74	0.27	0.27	0.30	4.75	0.33
Debt to NOPAT	-99.79	-124.99	-31.46	-32.25	-48.14	-117.02	0.73	0.72	0.78	13.48	0.59
Net Debt to NOPAT	-78.55	-96.47	-27.41	-30.90	-45.50	-102.23	-0.31	-0.29	-0.28	10.57	-0.17
Long-Term Debt to NOPAT	-95.99	-120.56	-28.16	-29.16	-43.52	-101.36	0.73	0.72	0.78	12.57	0.59
Altman Z-Score	0.66	0.70	0.60	0.56	0.57	0.40	5.63	5.30	4.71	0.85	4.08
Noncontrolling Interest Sharing Ratio	0.30%	1.38%	0.65%	0.67%	0.69%	2.52%	2.62%	2.77%	2.90%	2.45%	2.29%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.26	1.39	0.67	0.40	0.44	0.61	6.23	6.02	5.76	1.05	5.02
Quick Ratio	1.03	1.16	0.24	0.23	0.26	0.44	5.61	5.41	5.10	0.85	4.46
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-678	-606	-37,965	-37,760	-37,751	-875	52	245	343	-35,629	33
Operating Cash Flow to CapEx	80.01%	13.23%	115.91%	138.13%	86.85%	73.00%	58.15%	81.59%	105.15%	117.73%	138.05%
Free Cash Flow to Firm to Interest Expense	-2.37	-2.76	-465.81	-465.22	-379.76	-32.53	2.38	11.32	17.11	-987.16	2.35
Operating Cash Flow to Interest Expense	0.72	0.21	3.39	5.91	4.54	15.29	22.14	34.61	39.43	90.82	6.62
Operating Cash Flow Less CapEx to Interest Expense	-0.18	-1.36	0.47	1.63	-0.69	-5.66	-15.93	-7.81	1.93	13.68	1.83
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.27	0.27	0.50	0.53	0.54	0.29	4.85	4.27	3.64	0.58	3.22
Accounts Receivable Turnover	14.21	13.64	24.00	25.14	26.11	14.77	125.19	113.95	99.83	27.31	89.04
Inventory Turnover	19.14	18.09	0.00	0.00	0.00	14.73	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	1.69	1.69	2.80	2.80	2.83	1.95	13.64	11.77	9.89	3.64	0.00
Accounts Payable Turnover	15.84	13.38	20.15	20.56	23.36	10.58	60.36	49.32	46.28	15.07	55.37
Days Sales Outstanding (DSO)	25.69	26.76	15.21	14.52	13.98	24.72	2.92	3.20	3.66	13.37	4.10
Days Inventory Outstanding (DIO)	19.08	20.17	0.00	0.00	0.00	24.78	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	23.04	27.28	18.12	17.75	15.62	34.49	6.05	7.40	7.89	24.23	6.59
Cash Conversion Cycle (CCC)	21.72	19.66	-2.91	-3.24	-1.64	15.00	-3.13	-4.20	-4.23	-10.86	-2.49
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	41,457	41,131	40,890	40,776	40,840	40,573	3,037	3,061	3,100	40,295	3,111
Invested Capital Turnover	0.38	0.39	0.73	0.74	0.76	0.42	9.75	8.53	7.17	0.86	6.37
Increase / (Decrease) in Invested Capital	616	558	37,853	37,714	37,740	278	-74	-61	-80	37,229	-4.48
Enterprise Value (EV)	28,109	26,812	27,784	25,749	24,524	21,786	869	940	1,077	19,896	1,042
Market Capitalization	7,327	6,225	6,743	4,836	3,869	1,390	1,404	1,453	1,523	1,387	1,370
Book Value per Share	$69.85	$74.28	$71.57	$72.09	$72.84	$236.93	$42.62	$42.66	$42.58	$258.48	$41.35
Tangible Book Value per Share	$69.60	$74.00	$71.27	$71.77	$72.37	$234.87	$36.10	$36.12	$36.00	$245.09	$34.75
Total Capital	46,395	46,849	43,578	41,394	41,629	43,152	5,163	5,168	5,140	44,946	5,032
Total Debt	26,333	26,603	24,078	21,762	21,787	22,764	1,497	1,497	1,497	22,896	1,497
Total Long-Term Debt	25,328	25,660	21,557	19,679	19,697	19,717	1,497	1,497	1,497	21,344	1,497
Net Debt	20,726	20,533	20,983	20,854	20,591	19,887	-628	-610	-543	17,947	-424
Capital Expenditures (CapEx)	258	344	238	347	520	563	830	918	751	2,784	66
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2,635	-2,491	-2,680	-2,627	-2,564	-2,525	87	85	126	-2,440	67
Debt-free Net Working Capital (DFNWC)	2,597	3,208	42	-2,106	-1,798	-80	2,076	1,999	1,802	1,868	1,635
Net Working Capital (NWC)	1,593	2,265	-2,479	-4,189	-3,888	-3,127	2,076	1,999	1,802	315	1,635
Net Nonoperating Expense (NNE)	142	-383	31	162	98	1,425	97	-49	-9.96	-818	8.53
Net Nonoperating Obligations (NNO)	21,394	20,886	21,390	21,144	20,999	20,185	-628	-610	-543	18,245	-424
Total Depreciation and Amortization (D&A)	488	460	477	508	485	482	397	371	348	828	111
Debt-free, Cash-free Net Working Capital to Revenue	-16.80%	-15.74%	-16.73%	-16.18%	-15.41%	-14.84%	0.29%	0.32%	0.56%	-13.09%	0.34%
Debt-free Net Working Capital to Revenue	16.56%	20.27%	0.26%	-12.97%	-10.80%	-0.47%	6.92%	7.58%	8.00%	10.02%	8.24%
Net Working Capital to Revenue	10.16%	14.31%	-15.47%	-25.80%	-23.36%	-18.38%	6.92%	7.58%	8.00%	1.69%	8.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.71)	$1.24	($0.52)	($0.76)	($0.40)	($7.50)	$0.04	$0.13	$0.35	$7.67	$0.27
Adjusted Weighted Average Basic Shares Outstanding	286.51M	274.08M	271.74M	271.59M	271.52M	270.84M	83.91M	83.85M	83.78M	270.10M	83.13M
Adjusted Diluted Earnings per Share	($0.71)	$1.24	($0.52)	($0.76)	($0.40)	($7.28)	$0.04	$0.13	$0.35	$6.56	$0.27
Adjusted Weighted Average Diluted Shares Outstanding	286.51M	274.08M	271.74M	271.59M	271.52M	270.84M	83.91M	83.85M	83.78M	307.73M	83.13M
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	287.38M	286.44M	271.84M	271.68M	271.52M	271.52M	83.91M	83.85M	83.78M	83.28M	83.13M
Normalized Net Operating Profit after Tax (NOPAT)	-62	-48	-113	-46	-11	-66	-22	184	265	1,600	28
Normalized NOPAT Margin	-1.59%	-1.21%	-2.89%	-1.16%	-0.27%	-1.58%	-0.53%	4.22%	6.04%	9.34%	5.65%
Pre Tax Income Margin	-6.91%	11.04%	-4.60%	-5.67%	-2.75%	-58.60%	-4.34%	7.32%	8.36%	18.47%	6.58%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.16	2.72	-1.33	-1.93	-0.42	-91.26	-9.19	13.23	15.90	88.14	3.17
NOPAT to Interest Expense	-0.22	-0.22	-1.38	-0.56	-0.11	-22.19	-1.01	8.50	13.12	44.34	2.03
EBIT Less CapEx to Interest Expense	-1.07	1.15	-4.26	-6.21	-5.64	-112.22	-47.26	-29.19	-21.60	11.00	-1.63
NOPAT Less CapEx to Interest Expense	-1.12	-1.79	-4.30	-4.84	-5.33	-43.14	-39.07	-33.91	-24.38	-32.80	-2.77
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	-354.98%	-22.22%	-22.45%	-27.35%	-6.69%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-354.98%	-22.22%	-22.45%	-27.35%	-6.69%	0.00%	0.00%	0.00%	3.52%	4.86%

Frequently Asked Questions About EchoStar's Financials

When does EchoStar's fiscal year end?

According to the most recent income statement we have on file, EchoStar's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has EchoStar's net income changed over the last 9 years?

EchoStar's net income appears to be on an upward trend, with a most recent value of -$124.52 million in 2024, falling from $149.37 million in 2015. The previous period was -$1.63 billion in 2023. View EchoStar's forecast to see where analysts expect EchoStar to go next.

What is EchoStar's operating income?

EchoStar's total operating income in 2024 was -$304.07 million, based on the following breakdown:

Total Gross Profit: $5.69 billion
Total Operating Expenses: $5.99 billion

How has EchoStar revenue changed over the last 9 years?

Over the last 9 years, EchoStar's total revenue changed from $1.85 billion in 2015 to $15.83 billion in 2024, a change of 756.0%.

How much debt does EchoStar have?

EchoStar's total liabilities were at $40.69 billion at the end of 2024, a 10.8% increase from 2023, and a 1,087.1% increase since 2015.

How much cash does EchoStar have?

In the past 9 years, EchoStar's cash and equivalents has ranged from $535.89 million in 2021 to $4.31 billion in 2024, and is currently $4.31 billion as of their latest financial filing in 2024.

How has EchoStar's book value per share changed over the last 9 years?

Over the last 9 years, EchoStar's book value per share changed from 39.91 in 2015 to 74.28 in 2024, a change of 86.1%.

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This page (NASDAQ:SATS) was last updated on 5/29/2025 by MarketBeat.com Staff

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EchoStar (SATS) Financials

Frequently Asked Questions About EchoStar's Financials

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EchoStar (SATS) Financials

Annual Income Statements for EchoStar

Quarterly Income Statements for EchoStar

Annual Cash Flow Statements for EchoStar

Quarterly Cash Flow Statements for EchoStar

Annual Balance Sheets for EchoStar

Quarterly Balance Sheets for EchoStar

Annual Metrics And Ratios for EchoStar

Quarterly Metrics And Ratios for EchoStar

Frequently Asked Questions About EchoStar's Financials

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