vs
Side-by-side financial comparison of Magnera Corp (MAGN) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.
Sinclair, Inc. is the larger business by last-quarter revenue ($836.0M vs $792.0M, roughly 1.1× Magnera Corp). Sinclair, Inc. runs the higher net margin — 13.0% vs -4.3%, a 17.3% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -16.7%). Sinclair, Inc. produced more free cash flow last quarter ($79.0M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 2.4%).
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
MAGN vs SBGI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $836.0M |
| Net Profit | $-34.0M | $109.0M |
| Gross Margin | 12.2% | — |
| Operating Margin | 1.8% | 9.6% |
| Net Margin | -4.3% | 13.0% |
| Revenue YoY | 12.8% | -16.7% |
| Net Profit YoY | 43.3% | -38.1% |
| EPS (diluted) | $-0.95 | $1.62 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $792.0M | $836.0M | ||
| Q3 25 | — | $773.0M | ||
| Q2 25 | $839.0M | $784.0M | ||
| Q1 25 | $824.0M | $776.0M | ||
| Q4 24 | $702.0M | $1.0B | ||
| Q3 24 | $332.1M | $917.0M | ||
| Q2 24 | $556.0M | $829.0M | ||
| Q1 24 | $558.0M | $798.0M |
| Q4 25 | $-34.0M | $109.0M | ||
| Q3 25 | — | $-1.0M | ||
| Q2 25 | $-18.0M | $-64.0M | ||
| Q1 25 | $-41.0M | $-156.0M | ||
| Q4 24 | $-60.0M | $176.0M | ||
| Q3 24 | $-15.2M | $94.0M | ||
| Q2 24 | $19.0M | $17.0M | ||
| Q1 24 | $14.0M | $23.0M |
| Q4 25 | 12.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 6.2% | — |
| Q4 25 | 1.8% | 9.6% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | 1.5% | 2.7% | ||
| Q1 25 | 0.5% | 1.8% | ||
| Q4 24 | -3.1% | 26.5% | ||
| Q3 24 | 0.9% | 19.5% | ||
| Q2 24 | 3.1% | 7.7% | ||
| Q1 24 | 3.8% | 5.3% |
| Q4 25 | -4.3% | 13.0% | ||
| Q3 25 | — | -0.1% | ||
| Q2 25 | -2.1% | -8.2% | ||
| Q1 25 | -5.0% | -20.1% | ||
| Q4 24 | -8.5% | 17.5% | ||
| Q3 24 | -4.6% | 10.3% | ||
| Q2 24 | 3.4% | 2.1% | ||
| Q1 24 | 2.5% | 2.9% |
| Q4 25 | $-0.95 | $1.62 | ||
| Q3 25 | — | $-0.02 | ||
| Q2 25 | $-0.51 | $-0.91 | ||
| Q1 25 | $-1.15 | $-2.30 | ||
| Q4 24 | $-1.69 | $2.64 | ||
| Q3 24 | $-0.33 | $1.43 | ||
| Q2 24 | $0.60 | $0.27 | ||
| Q1 24 | $0.44 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $264.0M | $866.0M |
| Total DebtLower is stronger | $1.9B | $4.4B |
| Stockholders' EquityBook value | $1.0B | $443.0M |
| Total Assets | $3.9B | $5.9B |
| Debt / EquityLower = less leverage | 1.86× | 9.84× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | $866.0M | ||
| Q3 25 | — | $526.0M | ||
| Q2 25 | $276.0M | $616.0M | ||
| Q1 25 | $282.0M | $631.0M | ||
| Q4 24 | $215.0M | $697.0M | ||
| Q3 24 | $230.0M | $536.0M | ||
| Q2 24 | $33.9M | $378.0M | ||
| Q1 24 | $30.2M | $655.0M |
| Q4 25 | $1.9B | $4.4B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | $2.0B | $4.1B | ||
| Q1 25 | $2.0B | $4.2B | ||
| Q4 24 | $2.0B | $4.1B | ||
| Q3 24 | $2.0B | $4.1B | ||
| Q2 24 | $877.4M | $4.1B | ||
| Q1 24 | $884.7M | $4.1B |
| Q4 25 | $1.0B | $443.0M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | $1.1B | $361.0M | ||
| Q1 25 | $1.1B | $436.0M | ||
| Q4 24 | $1.1B | $583.0M | ||
| Q3 24 | $2.1B | $415.0M | ||
| Q2 24 | $2.4B | $340.0M | ||
| Q1 24 | $2.4B | $333.0M |
| Q4 25 | $3.9B | $5.9B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | $4.1B | $5.7B | ||
| Q1 25 | $4.1B | $5.8B | ||
| Q4 24 | $4.0B | $5.9B | ||
| Q3 24 | $2.8B | $5.8B | ||
| Q2 24 | $1.5B | $5.7B | ||
| Q1 24 | $1.5B | $6.0B |
| Q4 25 | 1.86× | 9.84× | ||
| Q3 25 | — | 11.75× | ||
| Q2 25 | 1.77× | 11.30× | ||
| Q1 25 | 1.83× | 9.56× | ||
| Q4 24 | 1.80× | 7.02× | ||
| Q3 24 | 0.91× | 9.86× | ||
| Q2 24 | 0.37× | 12.08× | ||
| Q1 24 | 0.36× | 12.35× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.0M | $98.0M |
| Free Cash FlowOCF − Capex | $-13.0M | $79.0M |
| FCF MarginFCF / Revenue | -1.6% | 9.4% |
| Capex IntensityCapex / Revenue | 1.9% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 0.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $115.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $98.0M | ||
| Q3 25 | — | $-36.0M | ||
| Q2 25 | $0 | $122.0M | ||
| Q1 25 | $65.0M | $5.0M | ||
| Q4 24 | $-58.0M | $198.0M | ||
| Q3 24 | $12.2M | $210.0M | ||
| Q2 24 | $38.0M | $-306.0M | ||
| Q1 24 | $20.0M | $-4.0M |
| Q4 25 | $-13.0M | $79.0M | ||
| Q3 25 | — | $-58.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | $42.0M | $-11.0M | ||
| Q4 24 | $-74.0M | $175.0M | ||
| Q3 24 | $3.6M | $193.0M | ||
| Q2 24 | $23.0M | $-329.0M | ||
| Q1 24 | $12.5M | $-25.0M |
| Q4 25 | -1.6% | 9.4% | ||
| Q3 25 | — | -7.5% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | 5.1% | -1.4% | ||
| Q4 24 | -10.5% | 17.4% | ||
| Q3 24 | 1.1% | 21.0% | ||
| Q2 24 | 4.1% | -39.7% | ||
| Q1 24 | 2.2% | -3.1% |
| Q4 25 | 1.9% | 2.3% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | 1.5% | 2.2% | ||
| Q1 25 | 2.8% | 2.1% | ||
| Q4 24 | 2.3% | 2.3% | ||
| Q3 24 | 2.6% | 1.9% | ||
| Q2 24 | 2.7% | 2.8% | ||
| Q1 24 | 1.3% | 2.6% |
| Q4 25 | — | 0.90× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | — | 2.23× | ||
| Q2 24 | 2.00× | -18.00× | ||
| Q1 24 | 1.43× | -0.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |
