EchoStar Corporation is a holding company that was organized in October 2007 as a corporation under the laws of the State of Nevada. EchoStar Corporation together with its subsidiaries are referred to as “EchoStar,” the “Company,” “we,” “us” and/or “our,” unless otherwise required by the context. Our Class A common stock is publicly traded on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SATS.” Our principal executive offices are located at 9601 South Meridian Boulevard, Englewood, Colorado 80112 and our telephone number is (303) 723- 1000. Recent Developments FCC Review In the third quarter of 2025, we resolved the review by the Federal Communications Commission (the “FCC”) into EchoStar’s compliance with its build-out milestones and other obligations regarding EchoStar’s federal spectrum licenses.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 15.0B | 15.0B | 15.8B | 17.0B | 18.6B | 19.8B |
| Net Income | -14.5B | -14.5B | -120M | -1.7B | 2.5B | 2.5B |
| EPS | $-50.41 | $-50.41 | $-0.44 | $-6.28 | $8.05 | $7.94 |
| Free Cash Flow | -1.1B | -1.1B | -292M | -668M | 571M | 3.0B |
| ROIC | -40.2% | -41.3% | -0.3% | -0.9% | 12.8% | 66.2% |
| Gross Margin | 37.1% | 37.1% | 36.0% | 44.1% | 45.7% | 45.9% |
| Debt/Equity | 5.37 | 5.37 | 1.50 | 1.32 | 0.28 | 0.49 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -17.7B | -17.7B | -304M | -278M | 2.2B | 3.4B |
| Operating Margin | -118.1% | -118.1% | -1.9% | -1.6% | 12.0% | 17.3% |
| ROE | -251.4% | -111.7% | -0.6% | -8.2% | 19.9% | 72.1% |
| Shares Outstanding | 288M | 288M | 272M | 271M | 308M | 313M |
EchoStar CORP passes 0 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average ROIC is 7.3% with a gross margin of 41.8%. Total shareholder yield (buybacks) is 0.1%. At current prices, the estimated annualized return to fair value is +21.4%.
EchoStar CORP (SATS) has a 5-year average return on invested capital (ROIC) of 7.3%. This is below average and may indicate limited pricing power.
EchoStar CORP (SATS) has a market capitalization of $36.1B. It is classified as a large-cap stock.
EchoStar CORP (SATS) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.13%.
EchoStar CORP (SATS) operates in the Communications Services, Nec industry, within the Communication Services sector.
EchoStar CORP (SATS) reported annual revenue of $15.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
EchoStar CORP (SATS) has a net profit margin of -96.6%. The company is currently unprofitable.
EchoStar CORP (SATS) generated $-1.1 billion in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
EchoStar CORP (SATS) has a debt-to-equity ratio of 5.37. This indicates higher leverage, which may increase financial risk.
EchoStar CORP (SATS) reported earnings per share (EPS) of $-50.41 in its most recent fiscal year.
EchoStar CORP (SATS) has a return on equity (ROE) of -111.7%. A negative ROE may indicate losses or negative equity.
EchoStar CORP (SATS) has a 5-year average gross margin of 41.8%. This indicates decent pricing power.
The Ledger Terminal provides 18 years of financial data for EchoStar CORP (SATS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
EchoStar CORP (SATS) has a book value per share of $20.05, based on its most recent annual SEC filing.