Iridium Communications Inc. (IRDM)
NASDAQ: IRDM · Real-Time Price · USD
25.77
+0.60 (2.38%)
At close: May 5, 2025, 4:00 PM
25.06
-0.71 (-2.76%)
Pre-market: May 6, 2025, 8:49 AM EDT

Iridium Communications Statistics

Total Valuation

IRDM has a market cap or net worth of $2.79 billion. The enterprise value is $4.54 billion.

Market Cap 2.79B
Enterprise Value 4.54B

Important Dates

The last earnings date was Tuesday, April 22, 2025, before market open.

Earnings Date Apr 22, 2025
Ex-Dividend Date Mar 17, 2025

Share Statistics

IRDM has 108.16 million shares outstanding. The number of shares has decreased by -7.59% in one year.

Current Share Class 108.16M
Shares Outstanding 108.16M
Shares Change (YoY) -7.59%
Shares Change (QoQ) -4.09%
Owned by Insiders (%) 2.14%
Owned by Institutions (%) 89.70%
Float 95.05M

Valuation Ratios

The trailing PE ratio is 24.47 and the forward PE ratio is 23.39. IRDM's PEG ratio is 0.82.

PE Ratio 24.47
Forward PE 23.39
PS Ratio 3.53
Forward PS 3.10
PB Ratio 5.40
P/TBV Ratio 8.46
P/FCF Ratio 9.75
P/OCF Ratio 7.62
PEG Ratio 0.82
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.88, with an EV/FCF ratio of 15.90.

EV / Earnings 36.78
EV / Sales 5.40
EV / EBITDA 10.88
EV / EBIT 21.37
EV / FCF 15.90

Financial Position

The company has a current ratio of 1.99, with a Debt / Equity ratio of 3.49.

Current Ratio 1.99
Quick Ratio 1.21
Debt / Equity 3.49
Debt / EBITDA 4.33
Debt / FCF 6.32
Interest Coverage 2.15

Financial Efficiency

Return on equity (ROE) is 18.01% and return on invested capital (ROIC) is 5.54%.

Return on Equity (ROE) 18.01%
Return on Assets (ROA) 4.97%
Return on Invested Capital (ROIC) 5.54%
Return on Capital Employed (ROCE) 8.57%
Revenue Per Employee $955,400
Profits Per Employee $140,221
Employee Count 881
Asset Turnover 0.31
Inventory Turnover 2.68

Taxes

In the past 12 months, IRDM has paid $10.15 million in taxes.

Income Tax 10.15M
Effective Tax Rate 7.59%

Stock Price Statistics

The stock price has decreased by -14.92% in the last 52 weeks. The beta is 0.75, so IRDM's price volatility has been lower than the market average.

Beta (5Y) 0.75
52-Week Price Change -14.92%
50-Day Moving Average 26.81
200-Day Moving Average 28.35
Relative Strength Index (RSI) 56.19
Average Volume (20 Days) 1,633,444

Short Selling Information

The latest short interest is 8.82 million, so 8.15% of the outstanding shares have been sold short.

Short Interest 8.82M
Short Previous Month 9.34M
Short % of Shares Out 8.15%
Short % of Float 9.27%
Short Ratio (days to cover) 6.60

Income Statement

In the last 12 months, IRDM had revenue of $841.71 million and earned $123.54 million in profits. Earnings per share was $1.05.

Revenue 841.71M
Gross Profit 609.82M
Operating Income 212.60M
Pretax Income 85.28M
Net Income 123.54M
EBITDA 417.65M
EBIT 212.60M
Earnings Per Share (EPS) $1.05
Full Income Statement

Balance Sheet

The company has $50.90 million in cash and $1.81 billion in debt, giving a net cash position of -$1.76 billion or -$16.24 per share.

Cash & Cash Equivalents 50.90M
Total Debt 1.81B
Net Cash -1.76B
Net Cash Per Share -$16.24
Equity (Book Value) 518.45M
Book Value Per Share 4.77
Working Capital 127.44M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $365.61 million and capital expenditures -$79.87 million, giving a free cash flow of $285.74 million.

Operating Cash Flow 365.61M
Capital Expenditures -79.87M
Free Cash Flow 285.74M
FCF Per Share $2.64
Full Cash Flow Statement

Margins

Gross margin is 72.45%, with operating and profit margins of 25.26% and 14.68%.

Gross Margin 72.45%
Operating Margin 25.26%
Pretax Margin 15.88%
Profit Margin 14.68%
EBITDA Margin 49.62%
EBIT Margin 25.26%
FCF Margin 33.95%

Dividends & Yields

This stock pays an annual dividend of $0.56, which amounts to a dividend yield of 2.17%.

Dividend Per Share $0.56
Dividend Yield 2.17%
Dividend Growth (YoY) 7.69%
Years of Dividend Growth 2
Payout Ratio 53.18%
Buyback Yield 7.59%
Shareholder Yield 9.76%
Earnings Yield 4.43%
FCF Yield 10.25%
Dividend Details

Analyst Forecast

The average price target for IRDM is $32.33, which is 25.46% higher than the current price. The consensus rating is "Buy".

Price Target $32.33
Price Target Difference 25.46%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 5.76%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

IRDM has an Altman Z-Score of 1.38 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.38
Piotroski F-Score 6