# Sinclair, Inc. (SBGI) · Edgar & Edgarette company card

> Sinclair, Inc. (SBGI) saw revenue fall 10.7% in FY2025 to $3.2 billion, operating margin 5.5% against a 10.6% median for television broadcasting stations, equity 7.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1971213 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SBGI) · [JSON](https://www.pops4.com/boards/company/SBGI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $3.2B |
| Revenue growth, 1 year | -10.7% |
| Revenue growth per year | -15.2% |
| Operating margin | 5.5% (prior year 15.5%) |
| Net margin | -3.5% |
| Operating cash flow | $189M |
| Capital spending | $74M |
| Free cash flow | $115M |
| Cash | $866M |
| Long-term debt | $4.4B |
| Total assets | $5.9B |
| Total equity | $443M |
| Equity ÷ assets | 7.4% |
| Return on equity | -25.3% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.28 (grey zone)
- Piotroski F: 2 of 9 (weak)
- Health Harbor boat: Weathered boat · two warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; revenue is hard to predict: its 80% range is ±26%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $3.2B (FY2025), total debt $4.4B. Experience: revenue down 10.7% on the year, down 15.2% a year over 4 years; operating margin 5.5%, down from 15.5%. Soundness: equity 7.4% of assets, return on equity -25.3%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.2B and $3.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.8B to $4.5B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, television broadcasting stations): operating margin 5.5% against a 10.6% median; growth -10.7% against -5.3%.

Range logged 2026-09-24, receipt acb6b157457c70bc, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-08-28 ([filing](https://www.sec.gov/Archives/edgar/data/1971213/000197121326000041/0001971213-26-000041-index.htm))

## Recent filings

- 8-K · filed 2026-08-28 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1971213/000197121326000041/0001971213-26-000041-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1971213/000197121326000038/0001971213-26-000038-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1971213/000197121326000037/0001971213-26-000037-index.htm)
- 8-K · filed 2026-06-05 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1971213/000197121326000027/0001971213-26-000027-index.htm)
- 10-Q · filed 2026-05-06 · [filing](https://www.sec.gov/Archives/edgar/data/1971213/000197121326000025/0001971213-26-000025-index.htm)
- 8-K · filed 2026-04-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1971213/000197121326000022/0001971213-26-000022-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001971213.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1971213

## Cite

POPS4, Edgar & Edgarette: Sinclair, Inc. (SBGI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SBGI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.