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Sector

Communication, in the accounts

16 companies · each one's last fiscal year · from their SEC filings

Communication has 16 companies with five or more years of accounts filed with the SEC. The median one grew revenue +5% in its last fiscal year and kept 14% of it as operating profit; a quarter of them kept more than 18%. The median return on invested capital is 8%, with the middle half of the sector between 4% and 11%. Net debt is 1.7 times EBITDA at the median company.

Revenue growth, last year +5% middle half: -0% to +9% · 16 companies
Operating margin 14% middle half: 3% to 18% · 16 companies
Free cash flow margin 15% middle half: 9% to 18% · 14 companies
Return on invested capital 8% middle half: 4% to 11% · 12 companies
Net debt to EBITDA 1.7× middle half: 0.3× to 3.8× · 12 companies
R&D as a share of revenue 2% middle half: 2% to 3% · 5 companies
Stock compensation as a share of revenue 1% middle half: 1% to 2% · 15 companies

The companies

Largest first. Each figure is the company's last fiscal year, as filed; open a company for its ten years.

CompanyRevenueGrowthOperating marginFCF marginROICNet debt / EBITDA
VZ Verizon Communications Inc 2025 138.2B +3% 21% — 18% -0.0×
TMUS T-Mobile US, Inc. 2025 88.3B +8% 21% 20% 10% 2.5×
T AT&T Inc. 2025 125.6B +3% 19% 15% 8% 2.8×
CMCSA Comcast Corp 2025 123.7B -0% 17% 18% 15% -0.1×
WBD Warner Bros. Discovery, Inc. 2025 37.3B -5% 2% 8% 0% 4.4×
ECHO EchoStar Corp 2025 15.0B -5% -118% -7% — —
FOXA Fox Corp 2026 17.1B +5% 16% 9% 11% 0.8×
ROKU Roku, Inc 2025 4.7B +15% -0% 10% — —
FWONA Liberty Media Corp 2025 4.5B +23% 13% 18% 4% 4.2×
GSAT Globalstar, Inc. 2025 273.0M +9% 3% — 3% 0.4×
SIRI Sirius XM Holdings Inc. 2025 8.6B -2% 17% 15% — —
IRDM Iridium Communications Inc. 2025 871.7M +5% 27% 34% 9% 3.7×
TDS Telephone & Data Systems Inc 2025 1.1B -9% -9% 19% — —
FOX Fox Corp 2026 17.1B +5% 16% 9% 11% 0.8×
FWONK Liberty Media Corp 2025 4.5B +23% 13% 18% 4% 4.2×
NWS News Corp 2026 9.0B +7% 12% 9% 7% -0.1×

Other sectors

Your own portfolio, by sector

Signed in, the risk tab groups your holdings with this same classification: how much money and how much risk sits in each sector, and each company against its sector's median.

Sectors are grouped from each company's SEC industry code — our own grouping of public data, not the GICS classification. Only companies that file their accounts with the US Securities and Exchange Commission are covered: their filings are public, so they can be shown to anyone. A European share or an ETF files elsewhere, and is not here. Nothing on these pages is a recommendation to buy or sell anything.