Satellite television provides the bulk of EchoStar's revenue. The firm serves about 5 million US satellite customers, about 10% of the traditional television market.
It is a $27.7B communication services company. Revenue shrank 5.2% over the last year, it currently loses money, and it carries $28.0B of net debt.
- Website
- echostar.com
- Location
- Englewood, CO
- Employees
- 12 100
- Sector
- Communication Services
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Growth, Profitability, Health and Moat lag behind.
Valuation60
- P/E vs own historyn/a · 10/25
- FCF yield-2.6% · 0/25
- P/S1.9x · 25/25
- EV/EBITDA4.3x · 25/25
Growth0
- Revenue CAGR-6.7% · 0/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growthn/a · 0/25
Profitability0
- ROIC-42.9% · 0/25
- ROE-69.8% · 0/25
- Net margin-38.7% · 0/25
- Operating margin-45.9% · 0/25
Health35
- Altman Z1.74 · 10/25
- Current ratio5.20 · 25/25
- Interest coverage-13.7x · 0/25
- Net cash / debtD/A 65% · 0/25
Quality53
- Piotroski F3/9 · 5/25
- Beneish M-4.44 · 25/25
- FCF conversion13% · 3/25
- Margin stabilityσ 6.2% · 20/25
Moat11
- ROIC >12% years1/6 yrs · 0/25
- Median gross margin27.8% · 6/25
- FCF-positive years3/6 yrs · 5/25
- Worst-year net marginworst -96.6% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- Aug 2, 2026MilestoneEchoStar's Hughes Network Systems unit filed for bankruptcy protection when it could not pay down…
- Jun 29, 2026ProductEchoStar announced that Dish DBS, which operates Dish Network's satellite pay-TV business
- Aug 26, 2025AcquisitionAT&T announced that it would acquire spectrum licenses from EchoStar for $23 billion, in a cash…
- 2023MilestoneFollowing the spin-off, EchoStar and Dish Network operated as separate, publicly traded companies, until they were…
- FY2021FinancialRevenue crossed $10B$19.8B for the year
- FY2021FinancialBest year on record$2.49B net income
- FY2020FinancialFirst recorded profitable year$15.8M net income
- FY2020FinancialRevenue already above $1B$2.51B in first reported year
- Jan 31, 2017ProductEchoStar announced that it had reached an agreement with DISH to transfer the EchoStar…
- Feb 14, 2011AcquisitionEchoStar announced that it would acquire Hughes Communications in a deal valued at US$1.3 billion
- 1996AcquisitionOriginally establishing the Dish Network brand name in 1996, EchoStar later acquired Dish as a wholly owned…
- Dec 28, 1995ProductThe firm successfully launched its first satellite, EchoStar I
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
No standout strengths in the available data.
Watch-outs
- Revenue shrinking 5.2% year over year
- Not profitable — 38.7% net margin
- Negative free cash flow (-$725.2M)
- Altman Z-Score 1.74 — elevated financial-distress risk
- Thin interest coverage (-13.7×)
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago-5.2% YoY
- Profitable — makes more than it spends-$5.67B TTM
- Profit growing — earnings are higher than last year-12026.9% YoY
- Generates cash — cash left after running and investing-$725M TTM
- Debt under control — could handle its obligationscurrent ratio 5.20
- Established company — not a micro-cap — lower blow-up risk$27.7B market cap
- Not printing shares — share count not ballooning — you keep your slice+234.2% shares over ~5y
- Proven track record — years of profitability behind it3/6 profitable years
- Financially stable — balance sheet not near distressAltman Z 1.7 — distress
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsno data
Peer comparisonEchoStar Corporation vs 6 largest communication services peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| ECHO this company | $27.7B | — | -5.2% | -38.7% | Mixed |
| VZ Verizon Communications | $173.7B | 10.6 | +1.4% | 11.6% | Strained |
| TMUS T-Mobile US, Inc. | $159.6B | 15.1 | +9.7% | 11.5% | Strained |
| T AT&T Inc. | $152.3B | 7.1 | +2.6% | 16.9% | Strained |
| WBD Warner Bros. Discovery, Inc. Series A | $77.6B | 106.6 | -6.1% | -8.8% | Strained |
| CMCSA Comcast Corp | $73.4B | 6.5 | +0.6% | 9.0% | Strained |
| FOXA Fox Corporation | $26.3B | 14.8 | +5.1% | 9.8% | Mixed |
Head-to-head: ECHO vs VZ · ECHO vs TMUS · ECHO vs T
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2020–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/ECHO
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of ECHO on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $95.39 · market cap $27.7B.