← Sinclair, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net change in current and long-term net income taxes payable/receivable | ($52.0m) | $147.0m | ($3.0m) | ($11.0m) | $23.0m | |
| Net Income | — | $2.7b | ($291.0m) | $310.0m | ($112.0m) | |
| Net Income From Continuing Operations | — | $2.7b | ($279.0m) | $319.0m | ($99.0m) | |
| Amortization of definite-lived intangible assets | $477.0m | $221.0m | $166.0m | $149.0m | $145.0m | |
| Depreciation of property and equipment | $114.0m | $100.0m | $105.0m | $101.0m | $104.0m | |
| Amortization of program contract costs | $93.0m | $90.0m | $80.0m | $74.0m | $74.0m | |
| Amortization Cash Flow | — | $547.0m | $166.0m | $149.0m | $145.0m | |
| Amortization Of Intangibles | — | $547.0m | $166.0m | $149.0m | $145.0m | |
| Depreciation | — | $100.0m | $105.0m | $101.0m | $104.0m | |
| Depreciation Amortization Depletion | — | $647.0m | $271.0m | $250.0m | $249.0m | |
| Deferred tax (benefit) provision | ($92.0m) | $906.0m | ($358.0m) | $82.0m | ($121.0m) | |
| Deferred Income Tax | — | $906.0m | ($358.0m) | $82.0m | ($121.0m) | |
| Deferred Tax | — | $906.0m | ($358.0m) | $82.0m | ($121.0m) | |
| Asset Impairment Charge | $0 | $0 | — | — | — | |
| Loss (gain) on asset dispositions and other, net | — | — | $3.0m | ($16.0m) | $26.0m | |
| Income from equity method investments | ($45.0m) | ($56.0m) | ($29.0m) | ($118.0m) | ($61.0m) | |
| Gain on extinguishment of debt | $7.0m | ($3.0m) | ($15.0m) | ($1.0m) | ($6.0m) | |
| Earnings (Loss)es From Equity Investments | — | ($56.0m) | ($29.0m) | ($118.0m) | ($61.0m) | |
| Net (loss) income | ($326.0m) | $2.7b | ($279.0m) | $319.0m | ($99.0m) | |
| Stock-based compensation | $60.0m | $50.0m | $45.0m | $51.0m | $51.0m | |
| Loss on deconsolidation of subsidiary | $0 | ($3.4b) | $10.0m | $0 | $0 | |
| Loss from investments | $38.0m | $133.0m | $91.0m | $7.0m | $34.0m | |
| Distributions from investments | $54.0m | $87.0m | $32.0m | $31.0m | $74.0m | |
| Increase in accounts receivable | ($187.0m) | $20.0m | ($8.0m) | ($28.0m) | ($47.0m) | |
| (Increase) decrease in prepaid expenses and other current assets | ($86.0m) | ($96.0m) | ($32.0m) | $33.0m | ($9.0m) | |
| Increase (decrease) in accounts payable and accrued and other current liabilities | $113.0m | ($14.0m) | $512.0m | ($495.0m) | $43.0m | |
| Decrease in program contracts payable | ($102.0m) | ($103.0m) | ($88.0m) | ($80.0m) | ($74.0m) | |
| Other, net | ($53.0m) | ($9.0m) | ($3.0m) | ($1.0m) | ($8.0m) | |
| Acquisition of property and equipment | ($80.0m) | ($105.0m) | ($92.0m) | ($84.0m) | ($74.0m) | |
| Distributions and proceeds from investments | $26.0m | $99.0m | $206.0m | $203.0m | $30.0m | |
| Proceeds from notes payable and commercial bank financing | $357.0m | $728.0m | $0 | $0 | $1.8b | |
| Repayments of notes payable, commercial bank financing and finance leases | ($601.0m) | ($863.0m) | ($85.0m) | ($61.0m) | ($1.5b) | |
| Repurchase of redeemable subsidiary preferred equity | $0 | $0 | ($190.0m) | $0 | $0 | |
| Beginning Cash Position | — | $819.0m | $884.0m | $662.0m | $697.0m | |
| Cash Flow From Continuing Financing Activities | — | ($353.0m) | ($509.0m) | ($140.0m) | $100.0m | |
| Cash Flow From Continuing Investing Activities | — | ($381.0m) | $52.0m | $77.0m | ($120.0m) | |
| Change In Account Payable | — | ($14.0m) | $512.0m | ($495.0m) | $43.0m | |
| Change In Other Current Liabilities | $3.0m | ($7.0m) | — | — | — | |
| Change In Other Working Capital | — | $147.0m | ($3.0m) | ($11.0m) | $23.0m | |
| Change In Payable | — | ($117.0m) | $424.0m | ($575.0m) | ($31.0m) | |
| Change In Payables And Accrued Expense | — | ($117.0m) | $424.0m | ($575.0m) | ($31.0m) | |
| Change In Prepaid Assets | — | ($96.0m) | ($32.0m) | $33.0m | ($9.0m) | |
| Change In Receivables | — | $20.0m | ($8.0m) | ($28.0m) | ($47.0m) | |
| Change In Working Capital | — | ($46.0m) | $381.0m | ($581.0m) | ($64.0m) | |
| Changes In Account Receivables | — | $20.0m | ($8.0m) | ($28.0m) | ($47.0m) | |
| Changes In Cash | — | $65.0m | ($222.0m) | $35.0m | $169.0m | |
| End Cash Position | — | $884.0m | $662.0m | $697.0m | $866.0m | |
| Financing Cash Flow | — | ($353.0m) | ($509.0m) | ($140.0m) | $100.0m | |
| Free Cash Flow | — | $694.0m | $143.0m | $14.0m | $115.0m | |
| Gain Loss On Investment Securities | — | $133.0m | $91.0m | $7.0m | $34.0m | |
| Gain Loss On Sale Of Business | — | ($3.4b) | $10.0m | $0 | $0 | |
| Investing Cash Flow | — | ($381.0m) | $52.0m | $77.0m | ($120.0m) | |
| Net Business Purchase And Sale | — | ($315.0m) | $0 | $0 | ($29.0m) | |
| Net PPE Purchase And Sale | — | ($105.0m) | ($92.0m) | ($84.0m) | ($74.0m) | |
| Net Preferred Stock Issuance | — | $0 | ($190.0m) | $0 | $0 | |
| Operating Gains Losses | — | ($3.3b) | $60.0m | ($128.0m) | ($7.0m) | |
| Other Non Cash Items | — | ($252.0m) | $83.0m | $74.0m | $106.0m | |
| Preferred Stock Payments | — | $0 | ($190.0m) | $0 | $0 | |
| Purchase Of Business | — | ($315.0m) | $0 | $0 | ($29.0m) | |
| Purchase Of PPE | — | ($105.0m) | ($92.0m) | ($84.0m) | ($74.0m) | |
| Repurchase Of Capital Stock | — | ($120.0m) | ($343.0m) | $0 | $0 | |
| Net cash flows from operating activities | $327.0m | $799.0m | $235.0m | $98.0m | $189.0m | |
| Capital Expenditure | — | ($105.0m) | ($92.0m) | ($84.0m) | ($74.0m) | |
| Acquisition of businesses, net of cash acquired | — | — | $0 | $0 | ($29.0m) | |
| Purchases of investments | ($256.0m) | ($75.0m) | ($72.0m) | ($50.0m) | ($51.0m) | |
| Net Investment Purchase And Sale | — | ($75.0m) | ($72.0m) | ($50.0m) | ($51.0m) | |
| Purchase Of Investment | — | ($75.0m) | ($72.0m) | ($50.0m) | ($51.0m) | |
| Net Other Investing Changes | — | $15.0m | $10.0m | $8.0m | $4.0m | |
| Net cash flows (used in) from investing activities | ($246.0m) | ($381.0m) | $52.0m | $77.0m | ($120.0m) | |
| Debt issuance costs | — | — | $0 | $0 | ($96.0m) | |
| Issuance Of Debt | — | $728.0m | $0 | $0 | $1.8b | |
| Long Term Debt Issuance | — | $728.0m | $0 | $0 | $1.8b | |
| Net Issuance Payments Of Debt | — | ($135.0m) | ($85.0m) | ($61.0m) | $290.0m | |
| Net Long Term Debt Issuance | — | ($135.0m) | ($85.0m) | ($61.0m) | $290.0m | |
| Long Term Debt Payments | — | ($863.0m) | ($85.0m) | ($61.0m) | ($1.5b) | |
| Repayment Of Debt | — | ($863.0m) | ($85.0m) | ($61.0m) | ($1.5b) | |
| Net Common Stock Issuance | — | ($120.0m) | ($153.0m) | $0 | $0 | |
| Repurchase of outstanding Class A Common Stock | ($61.0m) | ($120.0m) | ($153.0m) | $0 | $0 | |
| Common Stock Payments | — | ($120.0m) | ($153.0m) | $0 | $0 | |
| Distributions to noncontrolling interests | ($95.0m) | ($12.0m) | ($13.0m) | ($12.0m) | ($17.0m) | |
| Dividends paid on Class A and Class B Common Stock | ($60.0m) | ($70.0m) | ($65.0m) | ($66.0m) | ($69.0m) | |
| Cash Dividends Paid | — | ($77.0m) | ($65.0m) | ($66.0m) | ($69.0m) | |
| Common Stock Dividend Paid | — | ($70.0m) | ($65.0m) | ($66.0m) | ($69.0m) | |
| Dividend Received CFO | — | $87.0m | $32.0m | $31.0m | $74.0m | |
| Dividends Received CFI | — | $99.0m | $206.0m | $203.0m | $30.0m | |
| Preferred Stock Dividend Paid | ($5.0m) | ($7.0m) | $0 | $0 | — | |
| Net Other Financing Charges | — | ($21.0m) | ($16.0m) | ($13.0m) | ($121.0m) | |
| Net cash flows from (used in) financing activities | ($524.0m) | ($353.0m) | ($509.0m) | ($140.0m) | $100.0m | |
| NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH | ($443.0m) | $65.0m | ($222.0m) | $35.0m | $169.0m | |
| CASH, AND CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of year | $819.0m | $884.0m | $662.0m | $697.0m | $866.0m | |
| Change In Cash Supplemental As Reported | — | $65.0m | ($222.0m) | $35.0m | $169.0m | |
| Income Tax Paid Supplemental Data | — | $18.0m | $4.0m | $3.0m | $45.0m | |
| Interest Paid Supplemental Data | — | $387.0m | $294.0m | $296.0m | $324.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.