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Sirius XM SIRI Gross margin

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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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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

Calculated from Sirius XM’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 1, 2024
Fiscal quarter
Q4 FY2024
Calendar quarter
Q4 2024
Accession
0000908937-24-000021

FAQ

What is Sirius XM's gross margin?
Sirius XM (SIRI) reported gross margin of 53.5% in Q2 2024.
How has Sirius XM's gross margin changed year-over-year?
Sirius XM's gross margin decreased by 0.5% year-over-year, from 53.8% to 53.5%.
What is the long-term trend for Sirius XM's gross margin?
Over 3 years (2020 to 2023), Sirius XM's gross margin has grown at a -1.4% compound annual growth rate (CAGR), from 55.9% to 53.5%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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