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General information

Country: UNITED STATES

Sector: Broadcasting

Sirius XM Holdings Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.
Website: siriusxm.com



Growth: Pretty weak revenue growth rate 0.2%, there is slowdown compared to average historical growth rates 3.8%. The revenue growth dynamics is unstable Site traffic for the last 3 months showed a change of -0.8%

Profitability: LTM EBITDA margin is positive, +28.1%. On average the margin is decreasing unsteadily. Gross margin is high, +49.6%. In the last quarter the company did not beat the estimated EPS, -14.3%. The company was ahead of estimated EPS in 40% of quarters (showing a gain of -$0.01 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 3.3%. Free cash flow yield 4.3% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 0.3% higher than minimum and 60.7% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 3.0x by EV / Sales multiple , the company can be 25.2% undervalued

Insiders: For the last 3 months insiders sold company shares on $4.5 mln (-0.023% of cap.)

Key Financials (Download financials)

Ticker: SIRI
Share price, USD:  (+0.3%)3.07
year average price 4.47  


year start price 3.84 2023-04-21

max close price 7.81 2023-07-20

min close price 3.06 2024-04-18

current price 3.07 2024-04-19
Common stocks: 3 891 000 000

Dividend Yield:  3.3%
FCF Yield LTM: 4.3%
EV / LTM EBITDA: 8.5x
EV / EBITDA annualized: 8.3x
Last revenue growth (y/y):  0.2%
Last growth of EBITDA (y/y):  -7.7%
Historical revenue growth:  3.8%
Historical growth of EBITDA:  21.4%
EV / Sales: 2.4x
Margin (EBITDA LTM / Revenue): 28.1%
Fundamental value created in LTM:
Market Cap ($m): 11 945
Net Debt ($m): 9 483
EV (Enterprise Value): 21 428
Price to Book: -4.6x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-04-17Zacks Investment Research

Sirius XM (SIRI) Declines More Than Market: Some Information for Investors

2024-04-03The Motley Fool

This Warren Buffett Stock Has 22% Downside, According to 1 Wall Street Analyst

2024-03-11Seeking Alpha

Sirius XM Holdings Inc. (SIRI) Deutsche Bank 32nd Annual Media, Internet & Telecom Conference (Transcript)

2024-03-11Zacks Investment Research

Sirius XM (SIRI) Introduces Multi-Platform National Ad Campaign

2024-03-06Seeking Alpha

Sirius XM Holdings Inc. (SIRI) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)

2024-03-04The Motley Fool

Best Stock to Buy Right Now: Spotify vs. Sirius XM

2024-03-01The Motley Fool

You Might Think Sirius XM's Radio Business Thrives on Advertising, But Nearly 80% of the Company's Revenue Actually Comes From This Cash Cow

2024-02-23The Motley Fool

Should Investors Buy Sirius XM Stock Right Now?

2024-02-19The Motley Fool

Meet the Value Stock Warren Buffett Can't Stop Buying

2024-02-16The Motley Fool

Sirius XM: Buy, Sell, or Hold?
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol SIRI SIRI SIRI SIRI SIRI SIRI
reportedCurrency USD USD USD USD USD USD
cik 908 937 908 937 908 937 908 937 908 937 908 937
fillingDate 2024-02-01 2023-10-31 2023-08-01 2023-04-27 2023-02-02 2022-11-01
acceptedDate 2024-02-01 09:35:52 2023-10-31 09:36:12 2023-08-01 09:31:18 2023-04-27 09:45:22 2023-02-02 09:58:53 2022-11-01 09:27:05
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 2 288M 2 271M 2 250M 2 144M 2 283M 2 280M
costOfRevenue 1 154M 1 144M 1 154M 1 114M 1 139M 1 127M
grossProfit 1 134M 1 127M 1 096M 1 030M 1 144M 1 153M
grossProfitRatio 0.496 0.496 0.487 0.480 0.501 0.506
researchAndDevelopmentExpenses 88M 72M 83M 79M 76M 70M
generalAndAdministrativeExpenses 129M 119M 157M 147M 142M 132M
sellingAndMarketingExpenses 251M 237M 220M 224M 238M 281M
sellingGeneralAndAdministrativeExpenses 380M 356M 377M 371M 380M 413M
otherExpenses 228M -3M 207M 136M 132M 134M
operatingExpenses 617M 558M 599M 586M 588M 617M
costAndExpenses 1 771M 1 702M 1 753M 1 700M 1 727M 1 744M
interestIncome 0 106M 0 0 0 0
interestExpense 104M 106M 107M 107M 108M 107M
depreciationAndAmortization 159M 144M 150M 181M 122M 147M
ebitda 671M 710M 647M 593M 684M 614M
ebitdaratio 0.293 0.313 0.288 0.277 0.300 0.269
operatingIncome 491M 564M 479M 412M 562M 467M
operatingIncomeRatio 0.215 0.248 0.213 0.192 0.246 0.205
totalOtherIncomeExpensesNet -31M -8M -18M -104M -112M -110M
incomeBeforeTax 382M 455M 372M 308M 450M 357M
incomeBeforeTaxRatio 0.167 0.200 0.165 0.144 0.197 0.157
incomeTaxExpense 30M 92M 62M 75M 85M 110M
netIncome 352M 363M 310M 233M 365M 247M
netIncomeRatio 0.154 0.160 0.138 0.109 0.160 0.108
eps 0.092 0.094 0.080 0.060 0.090 0.060
epsdiluted 0.091 0.094 0.080 0.060 0.090 0.060
weightedAverageShsOut 3 840M 3 845M 3 861M 3 889M 3 891M 3 900M
weightedAverageShsOutDil 3 860M 3 865M 3 873M 3 939M 3 951M 3 968M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol SIRI SIRI SIRI SIRI SIRI SIRI
reportedCurrency USD USD USD USD USD USD
cik 908 937 908 937 908 937 908 937 908 937 908 937
fillingDate 2024-02-01 2023-10-31 2023-08-01 2023-04-27 2023-02-02 2022-11-01
acceptedDate 2024-02-01 09:35:52 2023-10-31 09:36:12 2023-08-01 09:31:18 2023-04-27 09:45:22 2023-02-02 09:58:53 2022-11-01 09:27:05
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 216M 53M 51M 53M 57M 39M
shortTermInvestments 0 0 0 0 0 0
cashAndShortTermInvestments 216M 53M 51M 53M 57M 39M
netReceivables 709M 659M 660M 587M 655M 658M
inventory 0 0 0 0 0 0
otherCurrentAssets 346M 329M 328M 340M 326M 335M
totalCurrentAssets 1 271M 1 041M 1 039M 980M 1 038M 1 032M
propertyPlantEquipmentNet 2 033M 1 998M 1 902M 1 883M 1 814M 1 755M
goodwill 3 249M 3 249M 3 249M 3 249M 3 249M 3 249M
intangibleAssets 2 905M 2 941M 2 977M 3 013M 3 050M 3 089M
goodwillAndIntangibleAssets 6 154M 6 190M 6 226M 6 262M 6 299M 6 338M
longTermInvestments 423M 479M 0 0 412M 0
taxAssets 155M 147M 147M 147M 147M 200M
otherNonCurrentAssets 338M 274M 764M 751M 312M 734M
totalNonCurrentAssets 9 103M 9 088M 9 039M 9 043M 8 984M 9 027M
otherAssets 0 0 0 0 0 0
totalAssets 10 374M 10 129M 10 078M 10 023M 10 022M 10 059M
accountPayables 1 306M 1 267M 1 213M 1 170M 1 248M 1 248M
shortTermDebt 551M 570M 570M 170M 246M 50M
taxPayables 0 0 0 0 0 0
deferredRevenue 1 195M 1 248M 1 287M 1 307M 1 322M 1 381M
otherCurrentLiabilities 174M 73M 165M 149M 165M 72M
totalCurrentLiabilities 3 226M 3 158M 3 235M 2 796M 2 981M 2 751M
longTermDebt 8 982M 9 115M 9 206M 9 701M 9 576M 10 109M
deferredRevenueNonCurrent 88M 73M 76M 79M 81M 83M
deferredTaxLiabilitiesNonCurrent 509M 479M 472M 511M 565M 604M
otherNonCurrentLiabilities 134M 197M 200M 195M 170M 8 245M
totalNonCurrentLiabilities 9 713M 9 864M 9 954M 10 486M 10 392M 10 924M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 338M 337M 343M 358M 370M 375M
totalLiabilities 12 939M 13 022M 13 189M 13 282M 13 373M 13 675M
preferredStock 0 0 0 0 0 0
commonStock 4M 4M 4M 4M 4M 4M
retainedEarnings -2 572M -2 894M -3 115M -3 254M -3 351M -3 609M
accumulatedOtherComprehensiveIncomeLoss 3M -3M 3M -4M -4M -8M
othertotalStockholdersEquity 0 0 -3M -5M 0 -3M
totalStockholdersEquity -2 565M -2 893M -3 111M -3 259M -3 351M -3 616M
totalEquity -2 565M -2 893M -3 111M -3 259M -3 351M -3 616M
totalLiabilitiesAndStockholdersEquity 10 374M 10 129M 10 078M 10 023M 10 022M 10 059M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 10 374M 10 129M 10 078M 10 023M 10 022M 10 059M
totalInvestments 423M 479M 0 0 412M 0
totalDebt 9 533M 9 685M 9 776M 9 871M 9 822M 10 159M
netDebt 9 317M 9 632M 9 725M 9 818M 9 765M 10 120M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol SIRI SIRI SIRI SIRI SIRI SIRI
reportedCurrency USD USD USD USD USD USD
cik 908 937 908 937 908 937 908 937 908 937 908 937
fillingDate 2024-02-01 2023-10-31 2023-08-01 2023-04-27 2023-02-02 2022-11-01
acceptedDate 2024-02-01 09:35:52 2023-10-31 09:36:12 2023-08-01 09:31:18 2023-04-27 09:45:22 2023-02-02 09:58:53 2022-11-01 09:27:05
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome 352M 363M 310M 233M 365M 247M
depreciationAndAmortization 159M 144M 150M 146M 144M 150M
deferredIncomeTax 21M 9M -42M -52M 70M 72M
stockBasedCompensation 49M 48M 42M 45M 54M 51M
changeInWorkingCapital -36M -110M -43M -45M 19M -198M
accountsReceivables -64M -14M 0 53M -47M 0
inventory 64M 14M 0 0 0 0
accountsPayables 22M 58M 39M -57M 1 000 000 9M
otherWorkingCapital -58M -168M -82M -41M 65M -207M
otherNonCashItems 26M 24M 34M 23M 24M 90M
netCashProvidedByOperatingActivities 571M 478M 451M 350M 676M 412M
investmentsInPropertyPlantAndEquipment -130M -187M -128M -205M -147M -83M
acquisitionsNet -6M -2M -2M -29M -1 000 000 1 000 000
purchasesOfInvestments 6M -2M 0 -1 000 000 1 000 000 0
salesMaturitiesOfInvestments 4M 4M 0 27M 0 0
otherInvestingActivites -6M -2M 0 -27M 14M 0
netCashUsedForInvestingActivites -132M -189M -130M -235M -133M -82M
debtRepayment -1 772M -3M -100M -77M -3M -1 000 000
commonStockIssued 0 -84M 13M 0 4M 0
commonStockRepurchased 0 -75M -137M -62M -48M -184M
dividendsPaid -102M -93M -94M -94M -94M -86M
otherFinancingActivites 1 598M -32M -5M 114M -385M -145M
netCashUsedProvidedByFinancingActivities -276M -287M -323M -119M -526M -416M
effectOfForexChangesOnCash 0 0 0 0 0 0
netChangeInCash 163M 2M -2M -4M 17M -86M
cashAtEndOfPeriod 224M 61M 59M 61M 65M 48M
cashAtBeginningOfPeriod 61M 59M 61M 65M 48M 134M
operatingCashFlow 571M 478M 451M 350M 676M 412M
capitalExpenditure -130M -187M -128M -205M -147M -83M
freeCashFlow 441M 291M 323M 145M 529M 329M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

2023 q4
2024-02-01 ET (fiscal 2023 q4)
2023 q3
2023-10-31 ET (fiscal 2023 q3)
2023 q2
2023-08-01 ET (fiscal 2023 q2)
2023 q1
2023-04-27 ET (fiscal 2023 q1)
2022 q4
2023-02-02 ET (fiscal 2022 q4)
2022 q3
2022-11-01 ET (fiscal 2022 q3)
2022 q2
2022-07-28 ET (fiscal 2022 q2)
2022 q1
2022-04-28 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-02-01 12:00 ET
SiriusXM Reports Fourth Quarter and Full-Year 2023 Operating and Financial Results
2024-01-24 22:00 ET
SiriusXM Declares Quarterly Cash Dividend
2024-01-11 21:30 ET
SiriusXM to Report Fourth Quarter and Full-Year 2023 Operating and Financial Results
2023-11-21 21:30 ET
SiriusXM to Present at the 7th Annual Wells Fargo TMT Summit and the UBS Global Media and Communications Conference
2023-11-08 18:05 ET
SiriusXM Unveils Next Generation Platform, Bringing Fans Closer To What They Love
2023-10-31 11:00 ET
SiriusXM Reports Third Quarter 2023 Operating and Financial Results
2023-10-25 20:30 ET
SiriusXM Increases Quarterly Cash Dividend by 10%
2023-10-25 13:45 ET
SiriusXM and FOX News Extend Broadcast Agreement
2023-10-10 14:00 ET
SiriusXM to Unveil Next Generation Experience at Industry & Press Preview on November 8
2023-10-03 20:30 ET
SiriusXM to Report Third Quarter 2023 Operating and Financial Results
2023-09-26 12:30 ET
SIRIUSXM ACKNOWLEDGES RECEIPT OF PROPOSAL FROM LIBERTY MEDIA CORPORATION
2023-09-05 20:30 ET
SiriusXM to Present at the Bank of America Media, Communications & Entertainment Conference
2023-08-01 11:00 ET
SiriusXM Reports Second Quarter 2023 Operating and Financial Results
2023-07-26 21:30 ET
SiriusXM Declares Quarterly Cash Dividend
2023-06-26 20:30 ET
SiriusXM to Report Second Quarter 2023 Operating and Financial Results
2023-05-16 20:30 ET
SiriusXM to Present at the J.P. Morgan Global Technology, Media and Communications Conference
2023-04-27 11:00 ET
SiriusXM Reports First Quarter 2023 Operating and Financial Results

SEC forms

Show financial reports only

SEC form 8
2024-02-01 00:00 ET
Sirius published news for 2023 q4
SEC form 8
2024-02-01 00:00 ET
Sirius published news for 2023 q4
SEC form 10
2024-02-01 00:00 ET
Sirius reported for 2023 q4
SEC form 10
2023-10-31 09:36 ET
Sirius published news for 2023 q3
SEC form 8
2023-10-31 08:00 ET
Sirius reported for 2023 q3
SEC form 10
2023-10-31 00:00 ET
Sirius published news for 2023 q3
SEC form 10
2023-08-01 09:31 ET
Sirius reported for 2023 q2
SEC form 6
2023-08-01 07:57 ET
Sirius reported for 2023 q2
SEC form 10
2023-08-01 00:00 ET
Sirius published news for 2023 q2
SEC form 8
2023-08-01 00:00 ET
Sirius published news for 2023 q2
SEC form 6
2023-06-16 10:45 ET
Sirius published news for 2023 q1
SEC form 6
2023-06-05 16:30 ET
Sirius published news for 2023 q1
SEC form 10
2023-04-27 00:00 ET
Sirius published news for 2023 q1
SEC form 8
2023-04-27 00:00 ET
Sirius reported for 2023 q1
SEC form 6
2023-04-04 08:31 ET
Sirius published news for 2023 q1
SEC form 6
2023-03-06 09:16 ET
Sirius published news for 2022 q4
SEC form 10
2023-02-02 09:58 ET
Sirius reported for 2022 q4
SEC form 6
2023-02-02 08:07 ET
Sirius published news for 2022 q4
SEC form 10
2023-02-02 00:00 ET
Sirius reported for 2022 q4
SEC form 8
2023-02-02 00:00 ET
Sirius reported for 2022 q4
SEC form 6
2022-11-22 16:48 ET
Sirius published news for 2022 q3
SEC form 10
2022-11-01 09:27 ET
Sirius reported for 2022 q3
SEC form 6
2022-11-01 08:01 ET
Sirius published news for 2022 q3
SEC form 8
2022-11-01 00:00 ET
Sirius reported for 2022 q3
SEC form 10
2022-11-01 00:00 ET
Sirius reported for 2022 q3
SEC form 10
2022-07-28 09:50 ET
Sirius reported for 2022 q2
SEC form 6
2022-07-28 08:01 ET
Sirius published news for 2022 q2
SEC form 8
2022-07-28 00:00 ET
Sirius reported for 2022 q2
SEC form 10
2022-07-28 00:00 ET
Sirius reported for 2022 q2
SEC form 6
2022-06-29 08:30 ET
Sirius published news for 2022 q1
SEC form 6
2022-06-17 14:16 ET
Sirius published news for 2022 q1
SEC form 6
2022-06-03 08:30 ET
Sirius published news for 2022 q1
SEC form 6
2022-04-29 16:07 ET
Sirius published news for 2022 q1
SEC form 10
2022-04-28 09:33 ET
Sirius reported for 2022 q1
SEC form 6
2022-04-28 08:00 ET
Sirius published news for 2022 q1
SEC form 8
2022-04-28 00:00 ET
Sirius reported for 2022 q1
SEC form 10
2022-04-28 00:00 ET
Sirius reported for 2022 q1
SEC form 6
2022-04-18 16:01 ET
Sirius published news for 2022 q1
SEC form 6
2022-04-11 16:52 ET
Sirius published news for 2022 q1
SEC form 10
2022-02-01 09:09 ET
Sirius published news for 2021 q4
SEC form 6
2022-02-01 07:59 ET
Sirius published news for 2021 q4
SEC form 10
2022-02-01 00:00 ET
Sirius published news for 2021 q4
SEC form 8
2022-02-01 00:00 ET
Sirius published news for 2021 q4
SEC form 6
2021-12-13 08:28 ET
Sirius published news for 2021 q3
SEC form 6
2021-11-04 09:00 ET
Sirius published news for 2021 q3
SEC form 10
2021-10-28 09:16 ET
Sirius published news for 2021 q3
SEC form 6
2021-10-28 08:03 ET
Sirius published news for 2021 q3
SEC form 10
2021-10-28 00:00 ET
Sirius published news for 2021 q3
SEC form 6
2021-09-02 16:31 ET
Sirius published news for 2021 q2
SEC form 6
2021-09-01 07:09 ET
Sirius published news for 2021 q2
SEC form 6
2021-08-16 16:41 ET
Sirius published news for 2021 q2
SEC form 6
2021-08-02 18:30 ET
Sirius published news for 2021 q2
SEC form 6
2021-08-02 08:04 ET
Sirius published news for 2021 q2
SEC form 10
2021-07-27 09:33 ET
Sirius published news for 2021 q2
SEC form 6
2021-07-27 07:29 ET
Sirius published news for 2021 q2
SEC form 10
2021-07-27 00:00 ET
Sirius published news for 2021 q2
SEC form 6
2021-06-21 16:19 ET
Sirius published news for 2021 q1
SEC form 6
2021-06-17 18:53 ET
Sirius published news for 2021 q1
SEC form 6
2021-06-14 09:16 ET
Sirius published news for 2021 q1
SEC form 6
2021-06-07 19:19 ET
Sirius published news for 2021 q1
SEC form 6
2021-06-07 08:18 ET
Sirius published news for 2021 q1
SEC form 6
2021-06-04 16:17 ET
Sirius published news for 2021 q1
SEC form 6
2021-05-07 09:00 ET
Sirius published news for 2021 q1
SEC form 10
2021-04-28 09:44 ET
Sirius published news for 2021 q1
SEC form 6
2021-04-28 07:57 ET
Sirius published news for 2021 q1
SEC form 10
2021-04-28 00:00 ET
Sirius published news for 2021 q1
SEC form 6
2021-04-20 08:30 ET
Sirius published news for 2021 q1
SEC form 6
2021-02-17 16:15 ET
Sirius published news for 2020 q4
SEC form 10
2021-02-02 08:56 ET
Sirius published news for 2020 q4
SEC form 6
2021-02-02 08:03 ET
Sirius published news for 2020 q4
SEC form 6
2021-01-28 16:17 ET
Sirius published news for 2020 q4
SEC form 6
2021-01-27 08:01 ET
Sirius published news for 2020 q4
SEC form 6
2021-01-07 16:31 ET
Sirius published news for 2020 q4
SEC form 6
2020-12-08 16:30 ET
Sirius published news for 2020 q3
SEC form 10
2020-10-22 11:23 ET
Sirius published news for 2020 q3
SEC form 6
2020-10-22 08:01 ET
Sirius published news for 2020 q3