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Sirius XM SIRI Compensation and benefits

Discontinued — last reported Q2 '24

Compensation and benefits at other companies

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iHeartMedia, Inc.IHRT
$3.63M-51.4%

Segments

By product

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Programming and content$9M-10.0%
Transmission$1M0.0%

Other financials

Income statement

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Revenue$2.2B+1.0%
Gross profit$1.2B-2.8%
Operating income$472.0M+29.3%
Net income$239.0M+16.6%
EPS (diluted)$0.70+22.8%

Balance sheet

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Cash & equivalents$174.0M+89.1%
Total debt$9.5B-7.3%
Total equity$11.9B+5.1%
Total assets$27.2B-0.5%

Cash flow

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Operating cash flow$722.0M+32.2%
CapEx$130.0M-10.3%
Free cash flow$592.0M+47.6%

Valuation

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Market cap$10.35B+46.5%
Enterprise value$19.63B+14.3%
P/E11.8×
P/S1.2×+0.4×

Profitability

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Gross margin53.5%-0.3pp
Operating margin19.1%
Net margin10.2%
FCF margin18%+6.4pp

Returns & leverage

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Return on equity7.6%
Debt / equity0.8×-0.1×
Current ratio0.5×+0.1×

Where this comes from

Reported directly by Sirius XM in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

The source filing: Sirius XM’s 10-Q, filed August 1, 2024.

Filed
Aug 1, 2024
Fiscal quarter
Q4 FY2024
Calendar quarter
Q4 2024
Accession
0000908937-24-000021
(in millions)For the Six Months Ended June 30, 2024For the Six Months Ended June 30, 2023
Provision for doubtful accounts2631
Loss on unconsolidated entity investments, net574
Gain on other investments(5)(5)
Share-based payment expense9187
Deferred income tax benefit(22)(94)
Amortization of right-of-use assets2421
Changes in operating assets and liabilities:
Receivables39(36)

Item 1. Financial Statements (unaudited)

FAQ

What is Sirius XM's compensation and benefits?
Sirius XM (SIRI) reported compensation and benefits of $46M in Q2 2024.
How has Sirius XM's compensation and benefits changed year-over-year?
Sirius XM's compensation and benefits increased by 9.5% year-over-year, from $42M to $46M.
What is the long-term trend for Sirius XM's compensation and benefits?
Over 2 years (2021 to 2023), Sirius XM's compensation and benefits has grown at a -4.6% compound annual growth rate (CAGR), from $202M to $184M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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