Sinclair Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,304	3,511	3,106	3,894	6,083	5,843
Other Revenue	33	37	28	34	51	100
Revenue	3,337	3,548	3,134	3,928	6,134	5,943
Revenue Growth (YoY)	-0.98%	13.21%	-20.21%	-35.96%	3.21%	40.16%
Cost of Revenue	1,791	1,788	1,740	2,076	4,441	2,912
Gross Profit	1,546	1,760	1,394	1,852	1,693	3,031
Selling, General & Admin	972	980	1,442	972	1,078	980
Amortization of Goodwill & Intangibles	144	149	166	221	477	572
Other Operating Expenses	-20	-20	-9	-64	-22	-86
Operating Expenses	1,196	1,210	1,704	1,229	1,647	1,568
Operating Income	350	550	-310	623	46	1,463
Interest Expense	-317	-304	-305	-296	-618	-656
Interest & Investment Income	11	12	-	-	-	-
Earnings From Equity Investments	17	118	29	56	45	-36
Other Non Operating Income (Expenses)	95	91	22	-42	28	10
EBT Excluding Unusual Items	156	467	-564	341	-499	781
Impairment of Goodwill	-	-	-	-	-	-2,615
Gain (Loss) on Sale of Investments	-153	-99	-66	-87	-42	156
Gain (Loss) on Sale of Assets	8	26	-22	3,357	18	29
Asset Writedown	-	-	-	-	31	-1,649
Other Unusual Items	-62	1	15	3	-7	149
Pretax Income	-51	395	-637	3,614	-499	-3,149
Income Tax Expense	-15	76	-358	913	-173	-720
Earnings From Continuing Operations	-36	319	-279	2,701	-326	-2,429
Minority Interest in Earnings	-9	-9	-12	-49	-88	15
Net Income	-45	310	-291	2,652	-414	-2,414
Net Income to Common	-45	310	-291	2,652	-414	-2,414
Shares Outstanding (Basic)	68	66	65	71	75	80
Shares Outstanding (Diluted)	68	66	65	71	75	80
Shares Change (YoY)	4.99%	1.49%	-7.83%	-5.85%	-6.10%	-14.23%
EPS (Basic)	-0.66	4.71	-4.47	37.54	-5.52	-30.20
EPS (Diluted)	-0.66	4.69	-4.47	37.54	-5.52	-30.20
Free Cash Flow	211	14	143	694	247	1,391
Free Cash Flow Per Share	3.09	0.21	2.20	9.82	3.29	17.40
Dividend Per Share	1.000	1.000	1.000	1.000	0.800	0.800
Dividend Growth	-	-	-	25.00%	-	-
Gross Margin	46.33%	49.60%	44.48%	47.15%	27.60%	51.00%
Operating Margin	10.49%	15.50%	-9.89%	15.86%	0.75%	24.62%
Profit Margin	-1.35%	8.74%	-9.29%	67.52%	-6.75%	-40.62%
Free Cash Flow Margin	6.32%	0.40%	4.56%	17.67%	4.03%	23.41%
EBITDA	594	800	-39	944	714	2,268
EBITDA Margin	17.80%	22.55%	-1.24%	24.03%	11.64%	38.16%
D&A For EBITDA	244	250	271	321	668	805
EBIT	350	550	-310	623	46	1,463
EBIT Margin	10.49%	15.50%	-9.89%	15.86%	0.75%	24.62%
Effective Tax Rate	-	19.24%	-	25.26%	-	-
Revenue as Reported	3,337	3,548	3,134	3,928	6,134	5,943

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q