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Side-by-side financial comparison of Sinclair, Inc. (SBGI) and TreeHouse Foods, Inc. (THS). Click either name above to swap in a different company.

TreeHouse Foods, Inc. is the larger business by last-quarter revenue ($840.3M vs $807.0M, roughly 1.0× Sinclair, Inc.). Sinclair, Inc. runs the higher net margin — 2.5% vs -31.6%, a 34.1% gap on every dollar of revenue. On growth, Sinclair, Inc. posted the faster year-over-year revenue change (4.0% vs 0.1%). Over the past eight quarters, Sinclair, Inc.'s revenue compounded faster (-1.3% CAGR vs -3.9%).

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 ...

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and bev...

SBGI vs THS — Head-to-Head

Bigger by revenue
THS
THS
1.0× larger
THS
$840.3M
$807.0M
SBGI
Growing faster (revenue YoY)
SBGI
SBGI
+3.9% gap
SBGI
4.0%
0.1%
THS
Higher net margin
SBGI
SBGI
34.1% more per $
SBGI
2.5%
-31.6%
THS
Faster 2-yr revenue CAGR
SBGI
SBGI
Annualised
SBGI
-1.3%
-3.9%
THS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
SBGI
SBGI
THS
THS
Revenue
$807.0M
$840.3M
Net Profit
$20.0M
$-265.8M
Gross Margin
18.8%
Operating Margin
0.0%
-30.2%
Net Margin
2.5%
-31.6%
Revenue YoY
4.0%
0.1%
Net Profit YoY
-7717.6%
EPS (diluted)
$0.28
$-5.26

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.

Revenue
SBGI
SBGI
THS
THS
Q1 26
$807.0M
Q4 25
$836.0M
Q3 25
$773.0M
$840.3M
Q2 25
$784.0M
$798.0M
Q1 25
$776.0M
$792.0M
Q4 24
$1.0B
$905.7M
Q3 24
$917.0M
$839.1M
Q2 24
$829.0M
$788.5M
Net Profit
SBGI
SBGI
THS
THS
Q1 26
$20.0M
Q4 25
$109.0M
Q3 25
$-1.0M
$-265.8M
Q2 25
$-64.0M
$-2.9M
Q1 25
$-156.0M
$-31.8M
Q4 24
$176.0M
$58.7M
Q3 24
$94.0M
$-3.4M
Q2 24
$17.0M
$-16.7M
Gross Margin
SBGI
SBGI
THS
THS
Q1 26
Q4 25
Q3 25
18.8%
Q2 25
17.4%
Q1 25
14.5%
Q4 24
19.5%
Q3 24
15.6%
Q2 24
16.3%
Operating Margin
SBGI
SBGI
THS
THS
Q1 26
0.0%
Q4 25
9.6%
Q3 25
7.5%
-30.2%
Q2 25
2.7%
3.4%
Q1 25
1.8%
-0.7%
Q4 24
26.5%
8.9%
Q3 24
19.5%
3.8%
Q2 24
7.7%
-0.5%
Net Margin
SBGI
SBGI
THS
THS
Q1 26
2.5%
Q4 25
13.0%
Q3 25
-0.1%
-31.6%
Q2 25
-8.2%
-0.4%
Q1 25
-20.1%
-4.0%
Q4 24
17.5%
6.5%
Q3 24
10.3%
-0.4%
Q2 24
2.1%
-2.1%
EPS (diluted)
SBGI
SBGI
THS
THS
Q1 26
$0.28
Q4 25
$1.62
Q3 25
$-0.02
$-5.26
Q2 25
$-0.91
$-0.06
Q1 25
$-2.30
$-0.63
Q4 24
$2.64
$1.12
Q3 24
$1.43
$-0.07
Q2 24
$0.27
$-0.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SBGI
SBGI
THS
THS
Cash + ST InvestmentsLiquidity on hand
$21.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.3B
Total Assets
$3.8B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBGI
SBGI
THS
THS
Q1 26
Q4 25
$866.0M
Q3 25
$526.0M
$21.0M
Q2 25
$616.0M
$17.1M
Q1 25
$631.0M
$16.4M
Q4 24
$697.0M
$289.6M
Q3 24
$536.0M
$102.0M
Q2 24
$378.0M
$105.8M
Total Debt
SBGI
SBGI
THS
THS
Q1 26
Q4 25
$4.4B
Q3 25
$4.1B
$1.5B
Q2 25
$4.1B
$1.5B
Q1 25
$4.2B
$1.4B
Q4 24
$4.1B
$1.4B
Q3 24
$4.1B
$1.4B
Q2 24
$4.1B
$1.4B
Stockholders' Equity
SBGI
SBGI
THS
THS
Q1 26
Q4 25
$443.0M
Q3 25
$347.0M
$1.3B
Q2 25
$361.0M
$1.5B
Q1 25
$436.0M
$1.5B
Q4 24
$583.0M
$1.5B
Q3 24
$415.0M
$1.6B
Q2 24
$340.0M
$1.6B
Total Assets
SBGI
SBGI
THS
THS
Q1 26
Q4 25
$5.9B
Q3 25
$5.6B
$3.8B
Q2 25
$5.7B
$4.0B
Q1 25
$5.8B
$3.9B
Q4 24
$5.9B
$4.0B
Q3 24
$5.8B
$4.0B
Q2 24
$5.7B
$3.9B
Debt / Equity
SBGI
SBGI
THS
THS
Q1 26
Q4 25
9.84×
Q3 25
11.75×
1.18×
Q2 25
11.30×
0.98×
Q1 25
9.56×
0.93×
Q4 24
7.02×
0.90×
Q3 24
9.86×
0.90×
Q2 24
12.08×
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SBGI
SBGI
THS
THS
Operating Cash FlowLast quarter
$38.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBGI
SBGI
THS
THS
Q1 26
Q4 25
$98.0M
Q3 25
$-36.0M
$38.2M
Q2 25
$122.0M
$-47.2M
Q1 25
$5.0M
$-53.5M
Q4 24
$198.0M
$296.2M
Q3 24
$210.0M
$41.4M
Q2 24
$-306.0M
$-19.4M
Free Cash Flow
SBGI
SBGI
THS
THS
Q1 26
Q4 25
$79.0M
Q3 25
$-58.0M
Q2 25
$105.0M
Q1 25
$-11.0M
Q4 24
$175.0M
Q3 24
$193.0M
Q2 24
$-329.0M
$-42.2M
FCF Margin
SBGI
SBGI
THS
THS
Q1 26
Q4 25
9.4%
Q3 25
-7.5%
Q2 25
13.4%
Q1 25
-1.4%
Q4 24
17.4%
Q3 24
21.0%
Q2 24
-39.7%
-5.4%
Capex Intensity
SBGI
SBGI
THS
THS
Q1 26
1.7%
Q4 25
2.3%
Q3 25
2.8%
Q2 25
2.2%
Q1 25
2.1%
Q4 24
2.3%
Q3 24
1.9%
Q2 24
2.8%
2.9%
Cash Conversion
SBGI
SBGI
THS
THS
Q1 26
Q4 25
0.90×
Q3 25
Q2 25
Q1 25
Q4 24
1.13×
5.05×
Q3 24
2.23×
Q2 24
-18.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SBGI
SBGI

Media revenue$701.0M87%
Other$82.0M10%
Political advertising revenue$18.0M2%
Non-media revenue$6.0M1%

THS
THS

Retail Grocery Customers$670.6M80%
Food Away From Home And Other$85.3M10%
Co Manufacturing$84.4M10%

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