OakChart

EchoStar Corp

ECHOCommunication Services·Telecom Services·USA·Large·NASD·Nov 11 • 11:00 AM ET

103.42-0.75 (-0.72%)
2026-11-11 17:00 CET
Market cap
30,308.27 USD m
Revenue, TTM
12,167.28 USD m
Net income, TTM
9,890.55 USD m
Free cash flow, TTM
-532.75 USD m
EPS diluted, TTM
27.40
P/E
3.77
Compare

Price

ECHO against its 20, 50 and 200-day averages
2050200beat
80.00100.00120.00140.0025.1M50.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ECHOclose 103.4220-day 93.6550-day 92.99200-day 105.76103.4252w high

29.8% under the 52-week high of 147.25 on 18 May 2026. 52-week low 65.76 on 21 Nov 2025. Last 15 sessions, 23.2% high to low

Profile

ECHO
52-week range, 46% of the way up
65.76147.25

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Wireless, Broadband and Satellite Services, and Other. The Pay-TV segment business strategy is to be the best provider of video services in the United States by providing products with the best technology, outstanding customer service, and great value. The Wireless segment offers Retail Wireless services as well as a competitive portfolio of wireless devices. The Broadband and Satellite Services segment business strategy is to maintain and improve leadership position and competitive advantage through development of technologies and services marketed to selected sectors within the consumer, enterprise and government markets globally. The Other segment consists of legacy 5G Network and 5G Network deployment operations that will not be utilized in the Wireless segment's Hybrid MNO business. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

IndexS&P 500, RUI
Employees12100
IPODec 31, 2007
Beta1.09
ATR, 14d4.87
Rel volume0.73
Short float19.12%
Insider own54.41%
Inst own57.80%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap30.09B
Enterprise Value25.97B
Income9.89B
Sales12.17B
Book/sh58.26
Cash/sh48.01
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees12100
IPODec 31, 2007

Ratios

P/E3.77
Forward P/E28.62
PEG-
P/S2.47
P/B1.78
P/C2.15
P/FCF-
EV/EBITDA12.98
EV/Sales2.13
Quick Ratio10.08
Current Ratio10.16
Debt/Eq0.58
LT Debt/Eq0.58
Option/ShortYes / Yes

Earnings

EPS (ttm)27.40
EPS next Y3.61
EPS next Q0.86
EPS this Y156.89%
EPS next Y-87.40%
EPS next 5Y-
EPS past 3/5Y- -161.79%
Sales past 3/5Y-6.97% 51.37%
EPS Y/Y TTM175.71%
Sales Y/Y TTM-19.83%
EPS Q/Q117.97%
Sales Q/Q-68.80%
EarningsNov 03 BMO
EPS/Sales Surpr.4715.71% -67.50%

Ownership

Insider Own54.41%
Insider Trans-0.05%
Inst Own57.80%
Inst Trans-4.22%
ROA24.25%
ROE82.77%
ROIC37.02%
Gross Margin27.66%
Oper. Margin11.21%
Profit Margin81.29%
SMA2010.43%
SMA5011.21%
SMA200-2.21%
Trades-

Technical

Shs Outstand159.52M
Shs Float132.65M
Short Float19.12%
Short Ratio6.81
Short Interest25.36M
52W High147.25 -29.77%
52W Low65.76 57.26%
Volatility6.84% 5.05%
ATR (14)4.87
RSI (14)60.54
Beta1.09
Rel Volume0.73
Avg Volume3.72M
Volume727,530

Performance

Perf Week4.86%
Perf Month12.95%
Perf Quarter12.80%
Perf Half Y-22.38%
Perf YTD-4.86%
Perf Year45.08%
Perf 3Y936.22%
Perf 5Y253.80%
Perf 10Y154.17%
Recom1.11
Target Price142.75
Prev Close104.16
Price103.42
Change %-0.72%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 16, 2026ResumedJJP MorganOverweight$144+39.2%
Sep 08, 2026UpgradeUUBSNeutral → Buy$150+45.0%
Jul 17, 2026UpgradeRRaymond JamesMkt Perform → Strong Buy$115+11.2%
Jul 07, 2026ResumedCCitigroupBuy$126+21.8%
Jul 07, 2026InitiatedDDeutsche BankBuy$143+38.3%
May 14, 2026InitiatedNNew StreetBuy$161+55.7%
Dec 10, 2025UpgradeMMorgan StanleyEqual-Weight → Overweight$110+6.4%
Dec 16, 2024ResumedMMorgan StanleyEqual-Weight$25-75.8%
Oct 01, 2024DowngradeRRaymond JamesStrong Buy → Mkt Perform
Aug 12, 2024DowngradeJJP MorganNeutral → Underweight$12-88.4%

Peers

Mkt cap
TickerCompanyMkt cap
CHTRCharter Communications Inc21.23B
TMUST-Mobile US Inc178.73B
TAT&T Inc147.73B
VZVerizon Communications Inc190.83B
CMCSAComcast Corp87.37B
GSATGlobalstar Inc11.18B
VSATViasat Inc10.55B
ROKURoku Inc23.93B
FUBOfuboTV Inc869.20M
ASTSAST SpaceMobile Inc14.07B

Insider trading

latest 14 of 43
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Wall William PDirectorNov 05 '26Buy90.411,00090,4103,500Nov 09 06:08 PM
Wade William DavidDirectorAug 13 '26Proposed Sale91.805,000459,000Aug 25 09:01 AM
Wade William DavidDirectorAug 12 '26Sale92.652,575238,5742,749Aug 14 06:01 PM
Wade William DavidDirectorAug 13 '26Sale91.482,425221,839324Aug 14 06:01 PM
BYE STEPHEN JDirectorAug 07 '26Option Exercise25.778,508219,2635,653Aug 11 06:10 PM
BYE STEPHEN JDirectorAug 07 '26Sale89.838,508764,273653Aug 11 06:10 PM
BYE STEPHEN JDirectorAug 07 '26Proposed Sale89.838,508764,273Aug 07 03:58 PM
Akhavan HamidFormer Officer and DirectorAug 06 '26Proposed Sale87.5126,5672,324,786Aug 06 04:02 PM
Akhavan HamidFormer Officer and DirectorAug 05 '26Proposed Sale89.0426,5632,365,279Aug 05 03:18 PM
Akhavan HamidFormer Officer & DirectorAug 04 '26Proposed Sale89.6052,0004,659,232Aug 04 03:21 PM
Dodge R StantonDirectorJul 01 '26Option Exercise24.495,000122,45026,555Jul 07 06:00 AM
Hershman Lisa W.DirectorJul 01 '26Option Exercise24.4910,000244,90010,000Jul 07 06:00 AM
Manson DeanCHIEF LEGAL OFFICERJun 12 '26Option Exercise14.0410,000140,40011,058Jun 16 07:09 PM
Manson DeanCHIEF LEGAL OFFICERJun 12 '26Sale130.3910,0001,303,9005,058Jun 16 07:09 PM

Held by

AUM
TickerCompanyAUM
XLCState Street Communication Services Select Sector SPDR ETFAUM: 22.06B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B
IVViShares Core S&P 500 ETFAUM: 871.38B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
IWPiShares Russell Mid-Cap Growth ETFAUM: 18.09B
IWRiShares Russell Mid-Cap ETFAUM: 58.68B

News

latest 14 of 103
  • Boost Mobile Brings Back '12 Days of Boostmas' Sweepstakes as Part of Its 'What's Your Plan?' Campaign (GlobeNewswire)
  • Elon Musk opens the door for a big SpaceX acquisition (MarketWatch) +5.23% +6.94%
  • AT&T, T-Mobile Are Reportedly Ready To Boot Boost Mobile If SpaceX Buys It (Stocktwits) -8.82%
  • The unanswered questions for Elon Musk as he sets out to take on Big Wireless (Axios)
  • Qualcomm sat out the semiconductor rally. Can a SpaceX partnership change that? (MarketWatch)
  • Loading…
  • Qualcomm, SpaceX Team Up To Build Starlink Cell Network: Deal Could Lay The Foundation For AI-Native 6G, Says Executive (Stocktwits)
  • SpaceX Buying Boost Mobile Won't Unlock Wireless for Musk (Barrons.com)
  • Elon Musk Will Launch a US Phone Plan? Crypto Bettors Raise Odds SpaceX Becomes a Mobile Carrier in 2027 (Benzinga Prediction Markets)
  • Why Did ASTS, CRWV, RGTI Stocks Tumble To 52-Week Lows Today? (Stocktwits)
  • Trump and Jim Cramer Defend SpaceX as Musk Wants to Enter the Telecom Market (BeInCrypto)
  • Wall Street's most hated stocks are faring far better than its favorites (MarketWatch)
  • ASTS Stock Dives 11% As SpaceX Reportedly Eyes EchoStars Boost Mobile (Stocktwits)
  • SpaceX reportedly wants to buy Boost Mobile to compete with AT&T, T-Mobile, and Verizon (TechCrunch)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-037.9700.1667.9221,1283,4705
2026Q22026-08-0324.120-0.09524.1173,5763,5874
2026Q12026-05-11-0.510-0.478-0.5083,6673,6505
2025Q42026-03-02-4.270-0.936-4.1803,7963,7674
2025Q32025-11-06-44.370-1.212-44.3713,6143,7337
2025Q22025-08-01-1.060-0.935-1.0653,7253,8297
2025Q12025-05-09-0.710-0.744-0.7073,8703,8766
2024Q42025-02-271.240-0.5541.1713,9673,9247
2024Q32024-11-12-0.520-0.395-0.5223,8913,9097
2024Q22024-08-09-0.760-0.265-0.7573,9533,9777
2024Q12024-05-08-0.400-0.200-0.3964,0154,0676
2023Q42024-03-01-7.4800.083-6.8044,1603,9557
2023Q32023-11-060.0400.1550.039413.07467.462
2023Q22023-08-080.1300.0830.133453.11452.22
2023Q12023-05-090.3500.1200.349439.6447.053
2022Q42023-02-230.5900.2920.595499.86483.253

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-1.356-0.587-0.6501,8861,859
2020FY-0.410-0.003-0.4101,8881,875
2021FY0.8102.0290.8101,9861,990
2022FY2.1001.7938.0521,9981,977
2023FY-6.2800.526-6.28417,01615,658
2024FY-0.440-2.053-0.43615,82615,794
2025FY-50.410-45.579-47.64415,00514,954
2026FY-28.678--13,015
2027FY-3.613--13,042
2028FY-3.510--12,194
2029FY-10.030--11,732
2030FY-10.880--11,224

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-034013,5503,4303,690
2026Q4S2026-10-174013,5473,4343,690
2026Q4S2026-10-154023,5473,4343,690
2026Q4S2026-09-074113,5903,4343,862
2026Q4S2026-08-033113,6063,4343,862
2026Q4S2026-07-073003,5953,4913,725
2026Q4S2026-06-252003,6483,5703,725
2026Q4S2026-06-243003,6343,5703,725
2026Q4S2026-06-172003,5893,5703,607
2026Q4S2026-06-103003,6343,5703,725
2026Q4S2026-05-154003,6153,5583,725
2026Q4S2026-05-114003,6173,5583,725
2026Q4S2026-03-114003,6123,5493,725
2026Q4S2026-03-093003,6333,5583,725

Estimate history

EPS, annual4.07-0.421-0.65-0.410.818.052-6.284-0.436-50.40927.4026
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.5221.171-0.707-1.065-44.371-4.18-0.50824.1177.974
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1885.5081762.6381886.0811887.9071985.7218634.24617015.59815825.51615004.98912167.28
Period201720182019202020212022202320242025TTM
Sales, quarterly3890.9843966.9383869.7583724.9593614.2583796.0143667.4893576.1641127.611
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual95.81995.34597.79496.5586.414269.477271.501286.397288.826290.869
Period201720182019202020212022202320242025MRQ
Shares, quarterly271.829286.397286.611287.648287.808288.826289.282290.452290.869
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue12,167.2815,004.9915,825.5217,015.6018,634.251,985.721,887.911,886.081,762.64
Cost of Goods Sold Incl. D&A8,801.4212,647.8713,611.7713,433.2513,275.371,245.351,350.881,351.281,257.20
Gross Profit3,365.852,357.122,213.753,582.345,358.87740.37537.03534.81505.44
Selling, General and Administrative Excl. Other2,001.872,448.252,517.823,099.153,125.32523.12422.87461.73404.08
Research and Development49.0068.0091.00110.00110.0061.4149.2450.2350.99
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,363.98-91.14-304.07483.192,233.55217.25114.1673.08101.36
Interest Expense1,993.391,521.71481.6290.3679.2295.51147.93251.02219.29
Unusual Expense-8,975.1017,620.55-688.662,521.26-1,013.7555.511.690.0065.22
Net Income Before Taxes11,723.76-18,893.31-75.57-1,931.683,335.30128.35-27.84-93.17-125.79
Income Taxes1,841.86-4,386.3848.95-296.86798.4165.6324.0720.496.58
Consolidated Net Income9,881.90-14,506.94-124.52-1,634.822,536.8962.72-51.90-113.65-132.36
Net Income From Continuing Operations9,890.55-14,497.18-119.55-1,702.062,477.7272.88-40.15-102.32-134.20
Net Income9,890.55-14,497.18-119.55-1,702.062,477.7272.88-40.15-62.92-40.48
EPS (Recurring)10.38-7.52-2.200.235.751.24-0.40-0.650.05
EPS (Basic, Before Extraordinaries)34.05-50.41-0.44-6.289.170.81-0.41-0.65-0.42
EPS (Diluted)27.40-50.41-0.44-6.288.050.81-0.41-0.65-0.42
EBITDA2,000.361,494.411,626.122,081.113,408.44708.58740.45661.49641.47
Non-Operating Income (Expense)3,378.06340.0821.46196.75167.2262.127.6284.7757.37
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense54.6228.6528.7440.7065.576.207.187.428.08
Price To Earnings Ratio3.803.80-14.8627.1235.55---
Price To Sales Ratio2.582.080.400.260.281.191.102.222.01
Gross Margin27.6615.7113.9921.0528.7637.2828.4528.3628.68
Operating Margin11.21-0.61-1.922.8411.9910.946.053.875.75
Net Margin81.29-96.62-0.76-10.0013.303.67-2.13-3.34-2.30
Shares Outstanding290.87288.83286.40271.50269.4886.4196.5597.7995.34
Market Capitalization30,308.2730,308.276,225.141,390.341,386.622,282.652,079.704,226.493,533.75

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,127.613,576.163,667.493,796.013,614.263,724.963,869.763,966.94
Cost of Goods Sold Incl. D&A733.202,503.662,685.782,878.783,134.183,292.873,342.043,448.40
Gross Profit394.411,072.50981.71917.23480.08432.09527.72518.54
Selling, General and Administrative Excl. Other238.58561.85655.02546.42640.49645.49615.85581.23
Research and Development4.0014.0016.0015.0019.0016.0018.0017.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income155.83510.65326.69370.81-160.41-213.41-88.13-62.69
Interest Expense312.23509.15592.66579.35377.07279.23286.06219.54
Unusual Expense-328.24-9,731.24-66.161,150.5416,481.470.00-11.46-688.66
Net Income Before Taxes3,398.979,790.11-168.22-1,297.11-16,936.81-392.13-267.27437.80
Income Taxes616.851,327.57-20.92-81.64-4,155.46-85.29-63.99102.68
Consolidated Net Income2,782.128,462.55-147.30-1,215.47-12,781.35-306.84-203.28335.12
Net Income From Continuing Operations2,782.258,462.37-146.88-1,207.18-12,781.20-306.13-202.67335.23
Net Income2,782.258,462.37-146.88-1,207.18-12,781.20-306.13-202.67335.23
EPS (Recurring)7.324.74-0.67-1.39-4.32-1.06-0.74-0.51
EPS (Basic, Before Extraordinaries)9.5729.17-0.51-4.18-44.37-1.06-0.711.17
EPS (Diluted)7.9724.12-0.51-4.18-44.37-1.06-0.711.17
EBITDA242.19681.20493.29583.68230.88279.65400.20397.14
Non-Operating Income (Expense)3,227.1257.3631.5961.9882.14100.5195.4531.37
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense2.0937.918.086.549.386.736.016.39
Price To Earnings Ratio3.80-------
Price To Sales Ratio2.582.442.292.091.450.520.470.41
Gross Margin34.9829.9926.7724.1613.2811.6013.6413.07
Operating Margin13.8214.288.919.77-4.44-5.73-2.28-1.58
Net Margin246.74236.63-4.01-31.80-353.63-8.22-5.248.45
Shares Outstanding290.87290.45289.28288.83287.81287.65286.61286.40
Market Capitalization30,308.2729,416.0233,818.6031,292.1221,969.997,960.377,329.976,225.14

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments3,159.805,698.332,444.424,307.431,546.392,534.282,460.053,210.463,245.62
Short Term Receivables1,273.851,198.731,122.141,182.60199.01189.60207.31215.30233.03
Inventories380.65455.20665.17625.98103.0897.9979.6275.3883.59
Other Current Assets318.87743.49660.09641.7078.4186.2289.2379.72146.74
Total Current Assets5,133.178,095.744,891.816,757.711,926.902,908.092,836.213,580.853,708.98
Net Property, Plant & Equipment2,458.0612,447.9012,627.2810,728.792,487.482,518.622,642.782,534.673,465.47
Total Investments and Advances370.25371.95314.37524.90311.99294.83335.96277.18179.36
Long-Term Note Receivable--118.06117.0177.9292.6892.8995.1192.69
Intangible Assets54.4174.94172.891,113.30592.41574.64599.48616.36631.13
Deferred Tax Assets---8.015.421.787.254.31-
Other Assets35,000.4639,948.1538,984.4739,506.56643.08682.71639.731,552.82695.28
Total Assets43,016.3660,938.6957,108.8958,748.286,045.207,073.357,154.308,661.298,772.91
Short Term Debt Incl. Current Port. of LT Debt8,208.111,501.953,420.511,811.4816.90913.3615.14919.5840.63
Accounts Payable541.71740.98774.011,023.54109.84123.12126.00123.14113.16
Income Tax Payable---12.6011.7420.3018.5216.0116.12
Other Current Liabilities3,613.603,588.103,824.073,607.60321.64368.40336.35286.41242.69
Total Current Liabilities12,363.425,831.048,018.596,442.61460.121,425.17496.021,345.14412.60
Long Term Debt22,798.4028,908.5122,905.7724,152.331,630.891,610.272,486.672,386.203,594.21
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities598.594,988.655,014.315,354.76403.68359.90351.69287.99441.15
Other Liabilities1,443.95965.26781.93748.38136.4370.7674.36486.49124.44
Total Liabilities37,204.3640,693.4636,720.6036,698.092,631.123,466.103,408.744,505.824,572.40
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity5,765.7820,191.3719,880.1821,487.643,353.833,542.333,669.804,140.204,185.69
Total Shareholders Equity5,765.7820,191.3719,880.1821,487.643,353.833,542.333,669.804,140.204,185.69
Accumulated Minority Interest46.2153.85508.12562.5560.2564.9275.7515.2814.82
Total Equity5,812.0020,245.2220,388.2922,050.193,414.083,607.253,745.554,155.474,200.51
Total Liabilities & Stockholders Equity43,016.3660,938.6957,108.8958,748.286,045.207,073.357,154.308,661.298,772.91
Book Value Per Share19.9670.5073.2279.7438.8136.6937.5343.4243.68
Tangible Book Value Per Share19.7770.2472.5975.6131.9630.7431.4036.9637.10
Full-Time Employees12,10013,70015,3002,3002,5002,4002,3002,2002,100
Price to Book Ratio1.790.320.390.400.680.581.150.851.48
Return on Assets-27.89-0.20-5.387.651.11-0.56-1.29-1.544.32
Return on Equity-111.70-0.60-14.5619.952.11-1.11-2.62-3.229.48
Return on Invested Capital-50.75-0.24-3.985.431.46-0.78-1.02-0.625.05
Quick Ratio0.381.310.530.953.961.975.562.618.79
Current Ratio0.421.390.611.054.192.045.722.668.99

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income9,881.90-14,506.94-124.52-1,634.822,536.8962.72-51.90-74.25-38.63
Depreciation636.381,585.551,930.191,597.921,174.89491.33525.01588.20598.18
Other Funds (Non Cash)-12,103.5917,668.48-351.462,655.92-660.2313.6047.4517.68126.86
Funds from Operations-248.35334.191,482.502,281.803,781.15605.31538.71564.17712.73
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital164.40-433.56-229.80150.85-159.9626.67-4.3294.4421.79
Cash from Operating Activities-83.95-99.371,252.702,432.653,621.19631.98534.39658.61734.52
Capital Expenditures-448.80-965.73-1,544.88-3,100.92-3,050.47-471.97-447.45-447.89-586.78
Net Assets From Acquisitions0.000.000.000.000.000.000.00-7.310.00
Sale of Fixed Assets and Businesses20,297.2147.210.000.000.009.8818.240.0077.52
Purchase or Sale of Investments976.81159.16-680.511,451.452,193.97630.90-695.001,302.02-1,589.22
Purchase of Investments-1,318.23-3,069.14-1,253.54-2,407.55-1,965.86-1,701.61-2,805.34-1,089.20-3,089.24
Sale Or Maturity of Investments2,295.043,228.29573.033,858.994,159.832,332.512,110.342,391.221,500.02
Other Uses-687.69-676.31-952.85-1,197.87-8,203.070.000.00-34.450.00
Other Sources409.5231.07129.8938.610.000.000.000.000.00
Cash from Investing Activities20,547.04-1,404.61-3,048.35-2,808.73-9,059.58168.81-1,124.21812.36-2,098.48
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock41.630.69-37.81-98.83-61.87-251.56-32.4977.12-19.50
Repurchase of Common Pref Stock0.00-48.51-442.00-109.43-89.30-261.44-43.460.00-33.29
Sale of Common Pref Stock41.6349.20404.1910.6027.449.8810.9677.1213.79
Proceedsfrom Stock Options0.000.00400.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-9,717.95-883.584,526.54-265.45-143.05-902.49-0.81-950.27-111.19
Change in Long Term Debt-9,717.95-883.584,526.54-265.45-143.05-902.49-0.81-950.27-111.19
Issuance of Long Term Debt0.00160.527,569.211,500.002,000.000.000.000.000.00
Reduction of Long Term Debt-9,717.95-1,044.10-3,042.68-1,765.45-2,143.05-902.49-0.81-950.27-111.19
Net Financing Active Other Cash Flow4.53-27.42-5.1587.16-69.53-3.18-0.56-4.84-5.87
Other Financing Activities Uses0.56-27.42-5.15-7.50-69.53-3.18-1.55-5.45-5.87
Cash from Financing Activities-9,671.80-910.314,483.58-277.12-274.45-1,157.22-33.86-878.00-136.56
Exchange Rate Effect0.692.64-5.723.00-2.31-3.75-1.39-0.57-2.23
Net Change in Cash10,791.98-2,411.652,682.20-650.20-5,715.14-359.94-625.08592.39-1,502.75
Free Cash Flow-532.75-1,065.10-292.18-668.27570.72193.55125.59240.02179.38
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow----8.9912.2416.5217.4619.70
Deferred Taxes & Investment Tax Credit--4,412.9028.28-337.22729.5937.6618.1532.5426.33

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments13,968.701,551.871,516.103,159.804,084.144,517.10
Short Term Receivables401.46905.611,258.711,273.851,127.101,158.59
Inventories119.21322.39395.12380.65416.07375.12
Other Current Assets459.1817,073.85379.51318.87404.98865.42
Total Current Assets14,948.5519,853.723,549.445,133.176,032.296,916.23
Net Property, Plant & Equipment1,380.411,827.022,418.212,458.063,376.6411,991.72
Total Investments and Advances2,666.20267.64385.41370.25367.62367.80
Intangible Assets39.6649.1251.2454.4162.9566.90
Other Assets17,276.8217,427.8934,971.4035,000.4635,431.8640,539.75
Total Assets36,311.6439,425.4041,375.6943,016.3645,271.3759,882.40
Short Term Debt Incl. Current Port. of LT Debt32.781,480.807,285.198,208.114,519.621,053.23
Accounts Payable291.07251.88579.91541.71668.19745.59
Other Current Liabilities1,147.722,084.733,900.653,613.604,774.613,874.98
Total Current Liabilities1,471.573,817.4111,765.7512,363.429,962.415,673.80
Long Term Debt9,768.5216,219.0722,000.8822,798.4026,072.3128,602.13
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities3,609.133,406.85575.10598.59680.784,809.57
Other Liabilities4,469.511,780.671,356.561,443.951,548.991,005.41
Total Liabilities19,318.7325,223.9935,698.2937,204.3638,264.5040,090.90
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity16,946.5114,155.105,631.315,765.786,951.4219,736.01
Total Shareholders Equity16,946.5114,155.105,631.315,765.786,951.4219,736.01
Accumulated Minority Interest46.4046.3146.0946.2155.4555.49
Total Equity16,992.9114,201.405,677.405,812.007,006.8719,791.49
Total Liabilities & Stockholders Equity36,311.6439,425.4041,375.6943,016.3645,271.3759,882.40
Book Value Per Share58.2648.7319.4719.9624.1568.61
Tangible Book Value Per Share58.1348.5719.2919.7723.9368.38
Full-Time Employees---12,100--
Price to Book Ratio1.795.215.864.501.110.40
Return on Assets24.25-11.42-28.33-27.89-25.20-0.55
Return on Equity82.77-33.48-112.65-111.70-98.16-1.60
Return on Invested Capital10.4127.86-0.53-4.23-38.70-0.63
Quick Ratio10.085.120.270.380.561.15
Current Ratio10.165.200.300.420.611.22

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income2,782.128,462.55-147.30-1,215.47-12,781.35-306.84
Depreciation86.36170.54166.60212.87391.29493.06
Other Funds (Non Cash)-3,408.26-9,740.09-29.991,074.7516,511.0563.97
Funds from Operations-407.77210.88-39.27-12.19-32.84144.37
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital520.82-220.84277.55-413.13144.53-136.85
Cash from Operating Activities113.04-9.96238.28-425.32111.687.51
Capital Expenditures-64.97-92.30-133.44-158.10-256.03-293.17
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses20,250.000.000.0047.210.000.00
Purchase or Sale of Investments-395.6150.41944.10377.90502.73552.49
Purchase of Investments-439.950.06-577.18-301.16-520.25-439.94
Sale Or Maturity of Investments44.3450.351,521.28679.061,022.98992.43
Other Uses-316.98-370.710.000.00-102.46-449.52
Other Sources17.43375.2338.43-21.585.4447.21
Cash from Investing Activities19,489.87-37.36849.10245.44149.68-143.00
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock6.5814.187.5113.35-19.664.46
Repurchase of Common Pref Stock0.000.000.000.00-48.510.00
Sale of Common Pref Stock6.5814.187.5113.3528.854.46
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-7,553.30-10.57-1,792.74-361.35-180.43-39.21
Change in Long Term Debt-7,553.30-10.57-1,792.74-361.35-180.43-39.21
Issuance of Long Term Debt0.000.000.000.000.00149.05
Reduction of Long Term Debt-7,553.30-10.57-1,792.74-361.35-180.43-188.27
Net Financing Active Other Cash Flow1.270.971.730.563.210.60
Other Financing Activities Uses0.000.000.000.563.210.60
Cash from Financing Activities-7,545.444.58-1,783.50-347.44-196.88-34.15
Exchange Rate Effect1.020.26-0.24-0.350.031.25
Net Change in Cash12,058.49-42.48-696.36-527.6764.51-168.39
Free Cash Flow48.08-102.26104.85-583.42-144.35-285.66

Revenue breakdown

Equipment sales and other revenue2024: 869.39M 2025: 981.26M
Service revenue2024: 14.96B 2025: 14.02B
North America2024: 15.51B 2025: 14.72B
Other Excluding North America2024: 316.75M 2025: 287.75M
Consolidation, Policy2024: -378.75M 2025: -484.08M
Reporting2024: 16.20B 2025: 15.49B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3019.12%25.4M132.7M3.70M
2026-10-1518.52%24.5M132.5M3.99M
2026-09-3019.24%25.5M132.7M3.96M
2026-09-1520.10%26.6M132.4M5.70M
2026-08-3121.03%27.8M132.2M7.45M
2026-08-1422.27%29.4M132.2M8.38M
2026-07-3120.39%27.3M133.8M8.37M
2026-07-1523.33%31.1M133.2M8.37M
2026-06-3023.94%32.5M135.7M8.70M
2026-05-2930.89%41.1M133.0M6.68M
2026-05-1530.55%40.6M133.0M5.98M
2026-04-3031.19%40.7M130.5M6.03M
2026-04-1527.25%35.4M130.0M6.29M
2026-03-3125.68%33.4M130.0M6.52M
2026-03-1324.19%31.4M130.0M5.13M
2026-02-2723.04%29.9M130.0M5.70M
2026-02-1323.01%29.7M129.2M5.73M
2026-01-3023.96%30.4M126.7M5.50M
2026-01-1523.59%29.9M126.7M4.76M
2025-12-3119.33%24.5M126.7M4.09M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call60.0041.1044.0042.673.81029.000.000.961-0.7500.007
call65.0036.6039.0037.683.03729.000.000.955-0.7290.007
call70.0031.1034.000.002.8530.000.000.949-0.7050.008
call75.0026.3029.0027.702.6111.000.000.940-0.6770.009
call76.0025.1028.000.002.3330.000.000.939-0.6710.009
call77.0024.2027.100.002.4110.000.000.937-0.6650.010
call78.0023.1026.000.002.3450.000.000.934-0.6580.010
call79.0022.1025.000.002.2580.000.000.932-0.6510.010
call80.0021.5024.0024.202.0044.000.000.930-0.6450.010
call81.0020.2023.000.002.0860.000.000.927-0.6370.011
call82.0019.1022.100.002.1160.000.000.925-0.6290.011
call83.0018.2021.100.001.9000.000.000.922-0.6220.011
call84.0017.2020.1014.591.8170.000.000.919-0.6140.012
call85.0016.1019.108.501.8551.000.000.916-0.6040.012
call86.0015.3018.107.001.7683.000.000.912-0.5950.012
call87.0014.2017.105.271.6821.000.000.908-0.5850.013
call88.0013.4016.1012.541.48929.000.000.905-0.5760.013
call89.0012.4015.2013.331.41565.000.000.901-0.5670.014
call90.0011.4014.2010.451.33487.000.000.896-0.5550.014
call91.0010.4013.303.681.48816.000.000.880-0.5970.016
call92.009.4012.3010.481.25616.000.000.875-0.5860.016
call93.008.8011.408.201.3674810.000.866-0.5670.017
call94.007.9010.509.721.21928.000.000.860-0.5520.017
call95.007.008.807.600.75338810.000.855-0.5020.018
call96.005.808.606.601.1831,13643.000.835-0.5240.019
call97.005.307.006.000.60811740.000.831-0.4660.020
call98.004.606.304.190.84049.000.000.774-0.6040.023
call99.003.705.505.910.83222.002.000.733-0.6620.026
call1003.005.605.211.0741131.000.681-0.7880.028
call1012.504.903.501.14969.000.000.632-0.8500.029
call1022.104.302.901.10995.003.000.590-0.8650.030
call1031.753.602.301.0341121000.552-0.8690.031
call1041.253.101.621.05333.0024.000.502-0.8780.031
call1051.052.152.500.87160724.000.458-0.8130.031
call1060.802.101.751.0003130.000.415-0.8610.030
call1070.552.651.661.1191400.000.382-0.8900.030
call1080.351.950.941.1781671.000.352-0.9020.029
call1090.301.300.721.04185.000.000.298-0.7700.027
call1100.201.000.751.0113720.000.255-0.6920.025
call1110.301.000.301.08554.0021.000.236-0.6910.024
call1120.100.400.320.85016.001.000.154-0.4290.018
call1130.051.000.300.91950.000.000.135-0.4080.017
call1140.000.950.301.0032.000.000.110-0.3580.015
call1150.002.200.321.05976.000.000.105-0.3660.014
call1160.052.150.201.11531.000.000.101-0.3740.014
call1170.000.200.201.01635.000.000.060-0.2310.009
call1180.002.150.121.05744.000.000.058-0.2340.009
call1190.002.150.101.12619.000.000.056-0.2390.009
call1200.050.400.151.16442.000.000.054-0.2420.009
call1210.001.350.621.22325.000.000.052-0.2460.008
call1220.002.150.821.2744.000.000.050-0.2500.008
call1230.002.150.701.32720.000.000.048-0.2530.008
call1240.002.150.001.3750.000.000.047-0.2560.008
call1250.001.201.331.4171.000.000.046-0.2580.007
call1260.002.100.051.4661.000.000.044-0.2610.007
call1270.002.100.431.5132.000.000.043-0.2640.007
call1280.001.400.001.5680.000.000.042-0.2670.007
call1290.001.700.001.6150.000.000.041-0.2690.007
call1300.002.100.001.7430.000.000.039-0.2720.006
call1310.000.750.002.0100.000.000.063-0.4580.010
call1320.002.100.001.7710.000.000.038-0.2770.006
call1330.002.100.001.8040.000.000.037-0.2780.006
call1340.001.150.001.8580.000.000.037-0.2810.006
call1350.000.050.101.28915.000.000.013-0.0690.003
put60.000.000.750.004.6150.000.00-0.039-0.7430.007
put65.000.000.750.004.0400.000.00-0.045-0.7220.007
put70.000.000.750.003.5040.000.00-0.051-0.6980.008
put75.000.001.200.002.9970.000.00-0.059-0.6700.009
put76.000.000.750.502.8992.000.00-0.061-0.6630.009
put77.000.000.750.902.8013.000.00-0.063-0.6570.010
put78.000.000.750.962.7053.000.00-0.065-0.6500.010
put79.000.000.750.262.6092.000.00-0.067-0.6440.010
put80.000.000.750.052.51423.000.00-0.070-0.6360.010
put81.000.000.750.672.4203.000.00-0.072-0.6290.011
put82.000.000.750.352.3271620.00-0.075-0.6210.011
put83.000.000.750.222.21910.000.00-0.078-0.6120.011
put84.000.000.750.252.12740.000.00-0.081-0.6030.012
put85.000.000.750.302.03454.000.00-0.084-0.5950.012
put86.000.000.750.201.95825.000.00-0.087-0.5870.012
put87.000.000.750.791.86718.000.00-0.091-0.5770.013
put88.000.000.950.241.7766210.00-0.095-0.5670.013
put89.000.050.750.371.6855380.00-0.099-0.5560.014
put90.000.000.650.161.5951440.00-0.104-0.5450.014
put91.000.000.750.011.5712661.00-0.119-0.5900.015
put92.000.000.750.151.4611250.00-0.126-0.5720.016
put93.000.000.950.201.3771451.00-0.133-0.5590.017
put94.000.000.750.791.2832.000.00-0.141-0.5420.017
put95.000.000.751.201.18920.000.00-0.141-0.4820.017
put96.000.050.751.491.10270.000.00-0.160-0.5050.019
put97.000.150.850.451.03626.000.00-0.169-0.4560.020
put98.000.151.250.661.1091150.00-0.226-0.5930.023
put99.000.351.604.301.13524.000.00-0.267-0.6510.026
put1000.602.051.221.19179.001.00-0.319-0.7770.028
put1010.752.501.281.2013.001.00-0.368-0.8390.029
put1021.052.952.551.2096.000.00-0.410-0.8540.030
put1031.403.503.101.23613.000.00-0.454-0.8580.031
put1041.854.103.701.2641540.00-0.498-0.8660.031
put1052.354.802.601.3129.000.00-0.548-0.7970.031
put1063.005.700.001.4130.000.00-0.585-0.8490.030
put1074.306.400.001.4820.000.00-0.609-0.8860.030
put1084.607.300.001.5230.000.00-0.648-0.8900.029
put1095.608.100.001.5660.000.00-0.702-0.7570.027
put1106.409.000.001.6370.000.00-0.745-0.6790.025
put1117.309.800.001.6660.000.00-0.767-0.6730.024
put1128.5010.700.001.7260.000.00-0.853-0.4030.018
put1139.1012.100.002.0230.000.00-0.865-0.3950.017
put11410.5013.100.002.0600.000.00-0.890-0.3460.015
put11511.3013.7016.301.9961.000.00-0.896-0.3540.014
put11612.1015.000.002.1990.000.00-0.900-0.3630.014
put11713.0016.000.002.2840.000.00-0.940-0.2180.009
put11814.0017.100.002.4060.000.00-0.942-0.2220.009
put11915.0018.100.002.5060.000.00-0.944-0.2260.009
put12016.0019.100.002.5670.000.00-0.947-0.2300.008
put12117.0020.100.002.6450.000.00-0.948-0.2330.008
put12218.0020.800.002.5970.000.00-0.950-0.2370.008
put12319.0022.000.002.7750.000.00-0.952-0.2390.008
put12420.0023.100.002.8700.000.00-0.953-0.2430.008
put12521.0024.000.002.9210.000.00-0.954-0.2450.007
put12622.0024.900.002.9490.000.00-0.956-0.2470.007
put12723.0026.000.003.0610.000.00-0.957-0.2500.007
put12824.0027.000.003.1080.000.00-0.958-0.2530.007
put12925.0028.000.003.0590.000.00-0.959-0.2550.007
put13026.0029.000.003.2830.000.00-0.960-0.2570.007
put13127.0030.000.003.3290.000.00-0.961-0.2590.007
put13228.0030.900.003.3480.000.00-0.962-0.2620.006
put13329.0032.000.003.4560.000.00-0.962-0.2640.006
put13430.0033.000.003.4960.000.00-0.963-0.2660.006
put13531.0034.100.003.6260.000.00-0.987-0.0790.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10SCHEDULE 13GSEC
2026-11-093Initial statement of beneficial ownership of securities2026-10-30SEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-093Initial statement of beneficial ownership of securities2026-10-30SEC
2026-11-038-KCurrent report2026-10-30SEC
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-028-KCurrent report2026-10-01SEC
2026-09-18ARSAnnual report to security holders. 2025-12-31SEC
2026-09-18DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-09-18DEF 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-10-30SEC
2026-08-25144Filing for proposed sale of securities under Rule 144.SEC
2026-08-144Statement of changes in beneficial ownership of securities2026-08-12SEC
2026-08-13SCHEDULE 13GSEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-07SEC
2026-08-07144Filing for proposed sale of securities under Rule 144.SEC
2026-08-078-KCurrent report2026-08-07SEC
2026-08-07SCHEDULE 13GSEC
2026-08-06144Filing for proposed sale of securities under Rule 144.SEC
2026-08-05144Filing for proposed sale of securities under Rule 144.SEC
2026-08-04144Filing for proposed sale of securities under Rule 144.SEC
2026-08-038-KCurrent report2026-07-28SEC
2026-08-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-31SCHEDULE 13D/ASEC
2026-07-314Statement of changes in beneficial ownership of securities2026-07-29SEC
2026-07-28SCHEDULE 13G/ASEC
2026-07-288-KCurrent report2026-07-28SEC
2026-07-22SCHEDULE 13D/ASEC
2026-07-224Statement of changes in beneficial ownership of securities2026-07-20SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1190.41K100
2026-100000
2026-090000
2026-08001.22M3
2026-070000
2026-06008.86M3
2026-050000
2026-040000
2026-030015.50M3
2026-020000
2026-010000
2025-120030.29M2
2025-1168.07K11.48M1

Institutional holders

Manager% owned
CARRONADE CAPITAL MANAGEMENT, LP9.78%
BlackRock, Inc.4.38%
Ovata Capital Management Ltd4.33%
STATE STREET CORP3.68%
VANGUARD CAPITAL MANAGEMENT LLC3.05%
WELLINGTON MANAGEMENT GROUP LLP2.90%
VANGUARD PORTFOLIO MANAGEMENT LLC2.04%
Darsana Capital Partners LP1.73%
Arini Capital Management Ltd1.67%
GEODE CAPITAL MANAGEMENT, LLC1.40%

Funds

Fund% owned
BlackRock High Yield Portfolio56.01%
Fidelity Capital and Income Fund51.72%
American High Income Trust30.41%
Loomis Sayles Investment Grade Bond Fund29.67%
PGIM Total Return Bond Fund29.18%
LORD ABBETT BOND DEBENTURE FUND INC24.40%
Fidelity Advisor Strategic Income Fund23.59%
iShares iBoxx $ High Yield Corporate Bond ETF22.28%
T. Rowe Price High Yield Fund, Inc.18.29%
American Funds Multi-Sector Income Fund16.59%

OakChart. ECHO. Cached 15 minutes.