Sinclair, Inc. (SBGI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10706 BEAVER DAM ROAD HUNT VALLEY, MD 21030 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4833 - Television Broadcasting Stations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 | 12/31/2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 662 | |||
| Cash and cash equivalent | 662 | |||
| Receivables | 624 | |||
| Other undisclosed current assets | 189 | |||
| Total current assets: | 1,475 | |||
| Noncurrent Assets | ||||
| Finance lease, right-of-use asset, after accumulated amortization | 12 | |||
| Operating lease, right-of-use asset | 142 | |||
| Intangible assets, net (including goodwill) | 3,011 | |||
| Goodwill | 2,082 | |||
| Intangible assets, net (excluding goodwill) | 929 | |||
| Other noncurrent assets | 742 | |||
| Other undisclosed noncurrent assets | 703 | |||
| Total noncurrent assets: | 4,610 | |||
| TOTAL ASSETS: | 6,085 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 913 | |||
| Accrued liabilities | 913 | |||
| Debt | 36 | |||
| Program rights obligations | 76 | |||
| Other liabilities | 57 | |||
| Other undisclosed current liabilities | 21 | |||
| Total current liabilities: | 1,103 | |||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation, including: | 4,139 | |||
| Finance lease, liability | 21 | |||
| Other undisclosed long-term debt and lease obligation | 4,118 | |||
| Liabilities, other than long-term debt | 622 | |||
| Deferred income tax liabilities | 252 | |||
| Other liabilities | 204 | |||
| Operating lease, liability | 152 | |||
| Program rights obligations | 14 | |||
| Total noncurrent liabilities: | 4,761 | |||
| Total liabilities: | 5,864 | |||
| Equity | ||||
| Equity, attributable to parent, including: | 285 | |||
| Additional paid in capital | 517 | |||
| Accumulated other comprehensive income | 1 | |||
| Retained earnings (accumulated deficit) | (234) | |||
| Other undisclosed equity, attributable to parent | 1 | |||
| Equity, attributable to noncontrolling interest | (64) | |||
| Total equity: | 221 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,085 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Revenues | 3,134 | ||
| Gross profit: | 3,134 | ||
| Operating expenses | (3,465) | ||
| Operating income (loss): | (331) | ||
| Nonoperating expense | (306) | ||
| Other nonoperating income (expense) | (45) | ||
| Interest and debt expense | 15 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (622) | ||
| Other undisclosed loss from continuing operations before income taxes | (15) | ||
| Income (loss) from continuing operations before income taxes: | (637) | ||
| Income tax expense (benefit) | 358 | ||
| Net income (loss): | (279) | ||
| Net loss attributable to noncontrolling interest | (12) | ||
| Net income (loss) available to common stockholders, diluted: | (291) | ||
Comprehensive Income ($ in millions)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Net income (loss): | (279) | ||
| Other comprehensive income | |||
| Comprehensive income (loss): | (279) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (16) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 4 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (291) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.