Stocks · Communication · Communications Services, NEC

EchoStar

ECHO Clue Score25
United States Fiscal year ends December CIK 0001415404
$94.84 +1.59% Close, 9 Oct 2026
Price $94.84 +270.18% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1.81Operating income0.30Net income0.18EPS, diluted1.92Fiscal year 2017Revenue1.53 −15.8%Operating income0.03Net income0.39 +118.2%EPS, diluted4.07Fiscal year 2018Revenue1.76 +15.6%Operating income0.04Net income−0.04 −110.3%EPS, diluted−0.42Fiscal year 2019Revenue1.89 +7.0%Operating income0.07Net income−0.06EPS, diluted−0.65Fiscal year 2020Revenue1.89 +0.1%Operating income0.11Net income−0.05EPS, diluted−0.41Fiscal year 2021Revenue19.82 +949.8%Operating income3.42EPS, diluted7.94Fiscal year 2022Revenue18.63 −6.0%Operating income2.23EPS, diluted8.05Fiscal year 2023Revenue17.02 −8.7%Operating income−0.28Net income−1.70EPS, diluted−6.28Fiscal year 2024Revenue15.83 −7.0%Operating income−0.30Net income−0.12EPS, diluted−0.44Fiscal year 2025Revenue15.00 −5.2%Operating income−17.72Net income−14.50EPS, diluted−50.41
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1.81 1.53 1.76 1.89 1.89 19.82 18.63 17.02 15.83 15.00
Growth −15.8% +15.6% +7.0% +0.1% +949.8% −6.0% −8.7% −7.0% −5.2%
Operating income 0.30 0.03 0.04 0.07 0.11 3.42 2.23 −0.28 −0.30 −17.72
Net income 0.18 0.39 −0.04 −0.06 −0.05 n/a n/a −1.70 −0.12 −14.50
Growth +118.2% −110.3%
EPS, diluted 1.92 4.07 −0.42 −0.65 −0.41 7.94 8.05 −6.28 −0.44 −50.41

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin16.4%Net margin9.9%Free cash flow margin4.5%Fiscal year 2017Operating margin2.0%Net margin25.7%Free cash flow margin9.4%Fiscal year 2018Operating margin2.1%Net margin−2.3%Free cash flow margin10.2%Fiscal year 2019Operating margin3.9%Net margin−3.3%Free cash flow margin12.6%Fiscal year 2020Operating margin6.0%Net margin−2.7%Free cash flow margin6.7%Fiscal year 2021Operating margin17.3%Free cash flow margin15.3%Fiscal year 2022Operating margin12.0%Free cash flow margin3.1%Fiscal year 2023Operating margin−1.6%Net margin−10.0%Free cash flow margin−3.9%Fiscal year 2024Operating margin−1.9%Net margin−0.8%Free cash flow margin−1.8%Fiscal year 2025Operating margin−118.1%Net margin−96.6%Free cash flow margin−7.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 16.4% 2.0% 2.1% 3.9% 6.0% 17.3% 12.0% −1.6% −1.9% −118.1%
Net margin 9.9% 25.7% −2.3% −3.3% −2.7% n/a n/a −10.0% −0.8% −96.6%
Free cash flow margin 4.5% 9.4% 10.2% 12.6% 6.7% 15.3% 3.1% −3.9% −1.8% −7.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.80Capital expenditure−0.72Free cash flow0.08Buybacks0.00Fiscal year 2017Operating cash flow0.73Capital expenditure−0.58Free cash flow0.14 +77.4%Buybacks0.00Fiscal year 2018Operating cash flow0.73Capital expenditure−0.56Free cash flow0.18 +24.8%Buybacks−0.03Fiscal year 2019Operating cash flow0.66Capital expenditure−0.42Free cash flow0.24 +32.5%Buybacks0.00Fiscal year 2020Operating cash flow0.53Capital expenditure−0.41Free cash flow0.13 −47.2%Buybacks−0.04Fiscal year 2021Operating cash flow4.66Capital expenditure−1.62Free cash flow3.04 +2,317.4%Buybacks−0.26Fiscal year 2022Operating cash flow3.62Capital expenditure−3.05Free cash flow0.57 −81.2%Buybacks−0.09Fiscal year 2023Operating cash flow2.43Capital expenditure−3.10Free cash flow−0.67 −217.1%Fiscal year 2024Operating cash flow1.25Capital expenditure−1.54Free cash flow−0.29Fiscal year 2025Operating cash flow−0.10Capital expenditure−0.97Free cash flow−1.07Buybacks−0.05
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.80 0.73 0.73 0.66 0.53 4.66 3.62 2.43 1.25 −0.10
Capital expenditure −0.72 −0.58 −0.56 −0.42 −0.41 −1.62 −3.05 −3.10 −1.54 −0.97
Free cash flow 0.08 0.14 0.18 0.24 0.13 3.04 0.57 −0.67 −0.29 −1.07
Growth +77.4% +24.8% +32.5% −47.2% +2,317.4% −81.2% −217.1%
Buybacks 0.00 0.00 −0.03 0.00 −0.04 −0.26 −0.09 n/a n/a −0.05

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash2.57Total debt3.36Net cash (debt)−0.79Shareholders’ equity3.92Debt to equity0.86Fiscal year 2017Cash2.43Total debt3.37Net cash (debt)−0.93Shareholders’ equity4.16Debt to equity0.81Fiscal year 2018Cash0.93Total debt3.30Net cash (debt)−2.38Shareholders’ equity4.14Debt to equity0.80Fiscal year 2019Cash1.52Total debt2.39Net cash (debt)−0.87Shareholders’ equity3.67Debt to equity0.65Fiscal year 2020Cash0.90Total debt2.39Net cash (debt)−1.50Shareholders’ equity3.54Debt to equity0.68Fiscal year 2021Cash0.54Total debt1.50Net cash (debt)−0.96Shareholders’ equity3.35Debt to equity0.45Fiscal year 2022Cash2.50Total debt1.50Net cash (debt)1.00Shareholders’ equity21.49Debt to equity0.07Fiscal year 2023Cash1.82Shareholders’ equity19.88Fiscal year 2024Cash4.31Shareholders’ equity20.19Fiscal year 2025Cash1.88Shareholders’ equity5.77
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 2.57 2.43 0.93 1.52 0.90 0.54 2.50 1.82 4.31 1.88
Total debt 3.36 3.37 3.30 2.39 2.39 1.50 1.50 n/a n/a n/a
Net cash (debt) −0.79 −0.93 −2.38 −0.87 −1.50 −0.96 1.00 n/a n/a n/a
Shareholders’ equity 3.92 4.16 4.14 3.67 3.54 3.35 21.49 19.88 20.19 5.77
Debt to equity 0.86 0.81 0.80 0.65 0.68 0.45 0.07 n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
16.4% 2.0% 2.1% 3.9% 6.0% 17.3% 12.0% −1.6% −1.9% −118.1%
12.0% −2.1% −7.1% −4.9% −1.5% 16.9% 17.9% −11.4% −0.5% −125.9%
9.9% 25.7% −2.3% −3.3% −2.7% n/a n/a −10.0% −0.8% −96.6%
4.5% 9.4% 10.2% 12.6% 6.7% 15.3% 3.1% −3.9% −1.8% −7.1%
Spending
1.7% 2.1% 1.6% 1.4% 1.6% 0.5% 0.6% 0.6% 0.6% 0.5%
18.0% 24.3% 24.7% 27.0% 25.2% 13.6% 16.2% 17.6% 15.3% 15.9%
39.9% 38.2% 31.5% 22.2% 21.7% 8.2% 16.4% 18.2% 9.8% 6.4%
37.0% n/a n/a n/a n/a 24.7% 23.9% n/a n/a n/a
Returns
4.6% 9.4% −1.0% −1.7% −1.5% n/a n/a −8.6% −0.6% −251.4%
2.0% 4.5% −0.5% −0.9% −0.7% n/a n/a −3.0% −0.2% −33.7%
Balance and payout
0.86 0.81 0.80 0.65 0.68 0.45 0.07 n/a n/a n/a
55.5% 52.3% 52.0% 47.6% 49.0% 43.5% 62.5% 64.3% 66.8% 86.5%
0.0% 0.0% 18.6% 0.0% 34.6% 8.6% 15.6% n/a n/a n/a