# EchoStar Corporation (ECHO) — Stock CV

EchoStar Corporation 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.

> 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.

## Identity

- **Ticker**: ECHO
- **Sector**: Communication Services
- **Industry**: Communications Services, Nec
- **Headquarters**: ENGLEWOOD, CO
- **Employees**: 12 100
- **Website**: https://www.echostar.com
- **Market cap**: $27.7B
- **Last price**: $95.39
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $14.7B
- **Net income**: -$5.67B
- **Free cash flow**: -$725M
- **Net debt**: $28.0B
- **Revenue growth (YoY)**: -5.2%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 60 |
| Growth | 0 |
| Profitability | 0 |
| Health | 35 |
| Quality | 53 |
| Moat | 11 |

## Qualifications (beginner checklist) — 2 of 9 passed

- [ ] Revenue growing — -5.2% YoY
- [ ] Profitable — -$5.67B TTM
- [ ] Profit growing — -12026.9% YoY
- [ ] Generates cash — -$725M TTM
- [x] Debt under control — current ratio 5.20
- [x] Established company — $27.7B market cap
- [ ] Not printing shares — +234.2% shares over ~5y
- [ ] Proven track record — 3/6 profitable years
- [ ] Financially stable — Altman Z 1.7 — distress

## Experience (career milestones)

- **Aug 2, 2026** — EchoStar's Hughes Network Systems unit filed for bankruptcy protection when it could not pay down…
- **Jun 29, 2026** — EchoStar announced that Dish DBS, which operates Dish Network's satellite pay-TV business
- **Aug 26, 2025** — AT&T announced that it would acquire spectrum licenses from EchoStar for $23 billion, in a cash…
- **2023** — Following the spin-off, EchoStar and Dish Network operated as separate, publicly traded companies, until they were…
- **FY2021** — Revenue crossed $10B: $19.8B for the year
- **FY2021** — Best year on record: $2.49B net income
- **FY2020** — First recorded profitable year: $15.8M net income
- **FY2020** — Revenue already above $1B: $2.51B in first reported year
- **Jan 31, 2017** — EchoStar announced that it had reached an agreement with DISH to transfer the EchoStar…
- **Feb 14, 2011** — EchoStar announced that it would acquire Hughes Communications in a deal valued at US$1.3 billion
- **1996** — Originally establishing the Dish Network brand name in 1996, EchoStar later acquired Dish as a wholly owned…
- **Dec 28, 1995** — The firm successfully launched its first satellite, EchoStar I

## Strengths

- None stand out in the 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×)

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $19.8B | $2.49B | $3.04B |
| FY2022 | $18.6B | $2.48B | $571M |
| FY2023 | $17.0B | -$1.70B | -$668M |
| FY2024 | $15.8B | -$120M | -$292M |
| FY2025 | $15.0B | -$14.5B | -$1.07B |

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Source: https://stockcv.com/ECHO — derived from company filings; may be delayed or incomplete. Information, not investment advice.