Company Analysis

Sinclair, Inc. (SBGI)

Nasdaq: SBGI · Television Broadcasting Stations · Hunt Valley, MD · filing with the SEC since 2023
Grade3.2
◀ Past 3.3● Present 2.8▶ Future 3.6
1 est.

The grade of Sinclair, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.2/10
◀ Past3.330% of the headline
● Present2.840% of the headline
▶ Future3.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.3/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.6/10

Has it survived what it has been through?

1 warning event since 2023; the latest 2023-06-01.

weight 33% of this tense · 36th percentile among 14 sector filers · read for itself

From the record

Sinclair, Inc.'s filings since 2023 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2023-06-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.3/10

What has it actually done, year after year?

-15.2% a year over 5 filed years; profitable in 2 of 5.

weight 45% of this tense · 13th percentile among 12 sector filers · read for its customers

From the record

Sinclair, Inc.'s 5 filed years say what it did: revenue went from $6.1 billion in fiscal 2021 to $3.2 billion in fiscal 2025, down 15.2% a year; it rose in 1 of 4 years; the deepest fall was 49% from fiscal 2021 to fiscal 2023; net income was positive in 2 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-15.2%bottom 4% of its family
  • the share of years revenue rosebottom 13% of its family
  • the share of filed years with a profitbottom 4% of its family
  • the deepest fall from a revenue peak48.9%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.0/10

How has it treated the people who own it?

Share count shrank 0.7% a year. 68% of cash flow returned. Insiders: 32 sales, 0 purchases.

weight 22% of this tense · 70th percentile among 8 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Sinclair, Inc.'s diluted share count shrank about 0.7% a year, and dividends and buybacks returned about 68% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 32 sales and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 39% of its family
  • cash returned against operating cash flowtop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

2.8/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
1.3/10

Is it financially healthy right now?

ROE -30%: lost 30¢ per shareholder dollar. Leverage 94%: owes 94¢ per asset dollar.

weight 33% of this tense · 13th percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Sinclair, Inc. lost about 30 cents for every dollar of shareholders' money. Leverage: it owed about 94 cents per dollar of assets, and net share issuance: its share count grew 4.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 4% of its family
  • return on equitybottom 19% of its family
  • the share count against the year beforebottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.8/10

How strong is its position in its industry?

bottom 28% of 14 in its family; net margin -3.5%.

weight 45% of this tense · 28th percentile among 14 sector filers · read for its customers

From the record

Sinclair, Inc.'s standing among 14 graded names in its industry family: revenue of $3.2 billion in fiscal 2025 ranks in the bottom 42% by size; a net margin of -3.5% ranks in the bottom 39%; revenue growth of -6.9% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

What it rests on

  • revenue against the family$3.17Bbottom 42% of its family
  • net margin-3.5%bottom 39% of its family
  • three-year revenue growth-6.9%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 50% of 13 in its family; the record of its people begins on 2024-03-05 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.4 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2024-03-05 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.4 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 13 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Sinclair, Inc.'s leadership is put at 5.0 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 50% of 13 in its family; the record of its people begins on 2024-03-05 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.4 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
1.5/10

How much room does it have to grow?

bottom 15% of 13 in its family for room to expand.

weight 33% of this tense · 15th percentile among 13 sector filers · read for itself

From the record

Sinclair, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $866 million against debt of $4.4 billion leaves -58.7% of its assets as net cash, bottom 4% of its family; cash from operations less capital spending is 3.6% of revenue (bottom 27%) (its annual report).

What it rests on

  • cash less debt against assets-58.7%bottom 4% of its family
  • cash from operations less capital spending against revenue3.6%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.4/10

What could actually drive growth from here?

top 46% of 12 in its family for growth drivers.

weight 45% of this tense · 54th percentile among 12 sector filers · read for its customers

From the record

Sinclair, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -6.9% a year over the last three filed years against -15.2% over all 5, speeding up (top 21% of its family); the newest year grew -10.7% (bottom 29%); capital spending grew -11% a year (top 46%) (its annual reports). Sinclair, Inc. reported 3 lines of business in fiscal 2025: Local Media at $2.8 billion, Tennis at $265 million, All Other at $166 million. 2 of 3 grew in the latest filed year, and the largest line is 87% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+8.3 points a yeartop 21% of its family
  • the newest year's revenue growth-10.7%bottom 29% of its family
  • three-year growth of capital spending-11.0%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.9/10

Did its newest year beat what its own record pointed to?

bottom 29% of 11 in its family for expectations against reality.

weight 22% of this tense · 29th percentile among 11 sector filers · read for its shareholders

From the record

Sinclair, Inc.'s newest year against its own record: revenue of $3.2 billion in fiscal 2025 came in 6% below the $3.4 billion its prior three years' pace pointed to (bottom 41% of its family); net income of $112 million against a prior three-year average of $890 million (bottom 32%); a net margin of -3.5% against 22.3% before (bottom 14%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-6.0%bottom 41% of its family
  • net income against the prior three years' average-113%bottom 32% of its family
  • net margin against its prior average-25.9 pointsbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SBGI · research, not advice