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U.S. Broadcasting Industry Analysis

UpdatedJul 13, 2026
DataAggregated Company Financials
Companies18
  • 7D-4.5%
  • 3M-11.6%
  • 1Y-11.3%
  • YTDn/a

Over the last 7 days, the Broadcasting industry has dropped 4.5%, driven by pullbacks in Paramount Skydance and Fox of 6.7% and 3.1%, respectively. Overall the industry is down 11% in 12 months. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the U.S. Broadcasting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Jul 2026US$40.8bUS$59.1bUS$784.5m13.3x52.1x0.7x
Thu, 11 Jun 2026US$47.4bUS$59.1bUS$784.5m16.7x60.4x0.8x
Sat, 09 May 2026US$46.2bUS$60.2bUS$757.6m14.2x60.9x0.8x
Mon, 06 Apr 2026US$42.2bUS$59.3bUS$849.7m13.2x49.7x0.7x
Wed, 04 Mar 2026US$51.6bUS$62.4bUS$965.4m15.5x53.4x0.8x
Fri, 30 Jan 2026US$54.3bUS$62.9bUS$2.1b12.5x26.3x0.9x
Sun, 28 Dec 2025US$58.1bUS$62.9bUS$2.1b12.4x28.1x0.9x
Tue, 25 Nov 2025US$56.6bUS$62.9bUS$2.1b11.3x27.4x0.9x
Thu, 23 Oct 2025US$55.0bUS$63.4bUS$2.9b7.1x18.7x0.9x
Sat, 20 Sep 2025US$57.9bUS$63.4bUS$2.9b7.5x19.7x0.9x
Mon, 18 Aug 2025US$52.6bUS$63.4bUS$3.0b7.3x17.5x0.8x
Wed, 16 Jul 2025US$45.1bUS$63.4b-US$2,756,815,139.005.8x-16.4x0.7x
Fri, 13 Jun 2025US$43.0bUS$63.0b-US$2,646,260,139.005.7x-16.3x0.7x
Sun, 11 May 2025US$43.5bUS$65.6b-US$2,210,023,233.006.9x-19.7x0.7x
Tue, 08 Apr 2025US$44.5bUS$66.3b-US$2,413,463,945.003.5x-18.4x0.7x
Thu, 06 Mar 2025US$42.7bUS$66.0b-US$2,672,626,732.004.6x-16x0.6x
Sat, 01 Feb 2025US$39.6bUS$61.7b-US$3,327,718,732.008.2x-11.9x0.6x
Mon, 30 Dec 2024US$38.4bUS$61.7b-US$3,327,718,732.008.5x-11.5x0.6x
Wed, 27 Nov 2024US$38.0bUS$61.7b-US$3,327,718,732.009.1x-11.4x0.6x
Fri, 25 Oct 2024US$35.3bUS$61.2b-US$4,025,004,994.0012.7x-8.8x0.6x
Sun, 22 Sep 2024US$34.4bUS$61.2b-US$4,025,004,994.0012.4x-8.6x0.6x
Tue, 20 Aug 2024US$34.5bUS$61.2b-US$3,977,595,994.0012.3x-8.7x0.6x
Thu, 18 Jul 2024US$35.3bUS$62.0bUS$736.3m8.6x48x0.6x
Sat, 15 Jun 2024US$31.3bUS$62.0bUS$736.3m7.7x42.5x0.5x
Mon, 13 May 2024US$34.3bUS$62.0bUS$737.4m7.9x46.6x0.6x
Wed, 10 Apr 2024US$31.9bUS$62.3b-US$819,797,138.0010.7x-38.9x0.5x
Fri, 08 Mar 2024US$30.4bUS$62.3b-US$819,292,138.0011.7x-37.1x0.5x
Sun, 04 Feb 2024US$37.7bUS$67.6b-US$132,206,883.0012.9x-285.5x0.6x
Tue, 02 Jan 2024US$36.0bUS$67.6b-US$132,206,883.0012.2x-272.1x0.5x
Thu, 30 Nov 2023US$34.7bUS$67.6b-US$74,326,883.0010.8x-466.2x0.5x
Sat, 28 Oct 2023US$31.4bUS$69.1bUS$388.4m6.7x81x0.5x
Mon, 25 Sep 2023US$34.3bUS$69.2bUS$394.3m6.5x87x0.5x
Wed, 23 Aug 2023US$37.9bUS$70.2bUS$402.1m7.2x94.3x0.5x
Fri, 21 Jul 2023US$41.7bUS$71.1bUS$2.2b8.3x19.1x0.6x
Price to Earnings Ratio

19.1x


Total Market Cap: US$41.7bTotal Earnings: US$2.2bTotal Revenue: US$71.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Broadcasting Industry Price to Earnings3Y Average -23.9x202420252026
Current Industry PE
  • Investors are optimistic on the American Broadcasting industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 52.1x which is higher than its 3-year average PE of -23.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
  • The earnings for companies in the Broadcasting industry have declined 29% per year over the last three years,
  • Revenues have also declined 6.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Broadcasting compare with similar industries?

US Market0.11%
Telecom-1.53%
Media-1.32%
Broadcasting-4.55%
Advertising1.74%
Publishing1.66%
Cable and Satellite-2.95%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FOXA FoxUS$55.900.05%
+US$12.6m		-0.1%PE13.7x
MDIA MediaCo HoldingUS$1.023.2%
+US$2.6m		-18.3%PS0.6x
SGA Saga CommunicationsUS$9.071.9%
+US$1.1m		-33.0%PS0.5x

Latest News

IHRT
US$4.02
iHeartMedia
7D
-4.7%
1Y
96.1%
Narrative Update • Jul 10

IHRT: Limited Q2 Upside Will Likely Outweigh Merger Speculation

Analysts have trimmed their fair value and price expectations for iHeartMedia, with the Street price target moving down by $1 to $5, as they expect upcoming Q2 results to track closely with the company’s existing guidance rather than surprise to the upside. What’s in the News for iHeartMedia iHeartMedia is reported to be in early stage talks about a possible combination with Sirius XM, according to Bloomberg, with no assurance that discussions will lead to a formal deal or transaction.
PSKY
US$9.55
Paramount Skydance
7D
-5.4%
1Y
-26.5%
Narrative Update • Jul 10

PSKY: Warner Mega Merger Debt And Covenants Will Pressure Future Earnings Multiple

Analysts have cut their fair value estimate for Paramount Skydance to about $3.09 from $7.00, citing a sharply lower assumed future P/E multiple and concerns about the planned Warner Bros. Discovery acquisition.
MDIA
US$1.02
MediaCo Holding
7D
3.2%
1Y
-18.3%
NXST
US$175.46
Nexstar Media Group
7D
-4.0%
1Y
-4.6%
SBGI
US$14.25
Sinclair
7D
-5.9%
1Y
-8.2%
NMAX
US$8.40
Newsmax
7D
-7.2%
1Y
-42.2%
Seeking Alpha • Jul 06

Newsmax: The Market Is Treating This Like The Next Fox News

Summary Newsmax Inc. is rated Sell due to excessive valuation relative to its negative earnings and cash flow profile. NMAX trades at a 6.1x trailing P/S despite $99.5 million in net losses and negative free cash flow, requiring aggressive future performance. While affiliate and licensing revenues are growing, gross margins are declining, and profitability remains elusive even after adjusting for one-time costs. Balance sheet strength buys time, but the current market cap assumes a blue-sky scenario with significant execution risk and little margin for error. Read the full article on Seeking Alpha
GTN
US$3.90
Gray Media
7D
-2.7%
1Y
-30.7%
FOXA
US$55.90
Fox
7D
0.05%
1Y
-0.1%
SGA
US$9.07
Saga Communications
7D
1.9%
1Y
-33.0%
EVC
US$11.14
Entravision Communications
7D
-11.4%
1Y
340.3%
SSP
US$2.97
E.W. Scripps
7D
-4.8%
1Y
-20.8%
Narrative Update • Jun 15

SSP: Future Returns Will Depend On New Sports Rights And Modest Profitability Assumptions

Analysts have adjusted their price target on E.W. Scripps, citing updated assumptions around slightly higher revenue growth, modestly improved profit margins, and a small change in future P/E expectations as key drivers of the revised valuation. What's in the News Detroit Pistons and Scripps Sports agreed a new local media television rights deal beginning with the 2026-27 NBA season, making WMYD TV20 Detroit the official local broadcast home for all locally available pre-season and regular season games.