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

DENTSPLY SIRONA Inc. is the larger business by last-quarter revenue ($961.0M vs $807.0M, roughly 1.2× Sinclair, Inc.). Sinclair, Inc. runs the higher net margin — 2.5% vs -15.2%, a 17.7% gap on every dollar of revenue. On growth, DENTSPLY SIRONA Inc. posted the faster year-over-year revenue change (6.2% vs 4.0%). Over the past eight quarters, DENTSPLY SIRONA Inc.'s revenue compounded faster (0.4% CAGR vs -1.3%).

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 ...

Dentsply Sirona Inc. is an American dental equipment manufacturer and dental consumables producer that markets its products in over 120 countries. It has factories in 21 countries. The present company is largely the result of a merger in 1993 in which Gendex Corporation acquired Dentsply International Inc. for $590 million.

SBGI vs XRAY — Head-to-Head

Bigger by revenue
XRAY
XRAY
1.2× larger
XRAY
$961.0M
$807.0M
SBGI
Growing faster (revenue YoY)
XRAY
XRAY
+2.2% gap
XRAY
6.2%
4.0%
SBGI
Higher net margin
SBGI
SBGI
17.7% more per $
SBGI
2.5%
-15.2%
XRAY
Faster 2-yr revenue CAGR
XRAY
XRAY
Annualised
XRAY
0.4%
-1.3%
SBGI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SBGI
SBGI
XRAY
XRAY
Revenue
$807.0M
$961.0M
Net Profit
$20.0M
$-146.0M
Gross Margin
46.1%
Operating Margin
0.0%
-14.5%
Net Margin
2.5%
-15.2%
Revenue YoY
4.0%
6.2%
Net Profit YoY
66.0%
EPS (diluted)
$0.28
$-0.74

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
XRAY
XRAY
Q1 26
$807.0M
Q4 25
$836.0M
$961.0M
Q3 25
$773.0M
$904.0M
Q2 25
$784.0M
$936.0M
Q1 25
$776.0M
$879.0M
Q4 24
$1.0B
$905.0M
Q3 24
$917.0M
$951.0M
Q2 24
$829.0M
$984.0M
Net Profit
SBGI
SBGI
XRAY
XRAY
Q1 26
$20.0M
Q4 25
$109.0M
$-146.0M
Q3 25
$-1.0M
$-427.0M
Q2 25
$-64.0M
$-45.0M
Q1 25
$-156.0M
$20.0M
Q4 24
$176.0M
$-430.0M
Q3 24
$94.0M
$-494.0M
Q2 24
$17.0M
$-4.0M
Gross Margin
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
46.1%
Q3 25
48.8%
Q2 25
52.4%
Q1 25
53.0%
Q4 24
49.3%
Q3 24
52.1%
Q2 24
51.9%
Operating Margin
SBGI
SBGI
XRAY
XRAY
Q1 26
0.0%
Q4 25
9.6%
-14.5%
Q3 25
7.5%
-24.1%
Q2 25
2.7%
-13.7%
Q1 25
1.8%
7.2%
Q4 24
26.5%
-56.2%
Q3 24
19.5%
-48.6%
Q2 24
7.7%
5.1%
Net Margin
SBGI
SBGI
XRAY
XRAY
Q1 26
2.5%
Q4 25
13.0%
-15.2%
Q3 25
-0.1%
-47.2%
Q2 25
-8.2%
-4.8%
Q1 25
-20.1%
2.3%
Q4 24
17.5%
-47.5%
Q3 24
10.3%
-51.9%
Q2 24
2.1%
-0.4%
EPS (diluted)
SBGI
SBGI
XRAY
XRAY
Q1 26
$0.28
Q4 25
$1.62
$-0.74
Q3 25
$-0.02
$-2.14
Q2 25
$-0.91
$-0.22
Q1 25
$-2.30
$0.10
Q4 24
$2.64
$-2.09
Q3 24
$1.43
$-2.46
Q2 24
$0.27
$-0.02

Balance Sheet & Financial Strength

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

Metric
SBGI
SBGI
XRAY
XRAY
Cash + ST InvestmentsLiquidity on hand
$326.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$1.3B
Total Assets
$5.4B
Debt / EquityLower = less leverage
1.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
$866.0M
$326.0M
Q3 25
$526.0M
$363.0M
Q2 25
$616.0M
$359.0M
Q1 25
$631.0M
$398.0M
Q4 24
$697.0M
$272.0M
Q3 24
$536.0M
$296.0M
Q2 24
$378.0M
$279.0M
Total Debt
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
$4.4B
$2.3B
Q3 25
$4.1B
Q2 25
$4.1B
Q1 25
$4.2B
Q4 24
$4.1B
$1.7B
Q3 24
$4.1B
Q2 24
$4.1B
Stockholders' Equity
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
$443.0M
$1.3B
Q3 25
$347.0M
$1.5B
Q2 25
$361.0M
$2.0B
Q1 25
$436.0M
$2.0B
Q4 24
$583.0M
$1.9B
Q3 24
$415.0M
$2.5B
Q2 24
$340.0M
$3.1B
Total Assets
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
$5.9B
$5.4B
Q3 25
$5.6B
$5.7B
Q2 25
$5.7B
$6.1B
Q1 25
$5.8B
$6.0B
Q4 24
$5.9B
$5.8B
Q3 24
$5.8B
$6.6B
Q2 24
$5.7B
$6.9B
Debt / Equity
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
9.84×
1.70×
Q3 25
11.75×
Q2 25
11.30×
Q1 25
9.56×
Q4 24
7.02×
0.90×
Q3 24
9.86×
Q2 24
12.08×

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
XRAY
XRAY
Operating Cash FlowLast quarter
$101.0M
Free Cash FlowOCF − Capex
$60.0M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
1.7%
4.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$104.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
$98.0M
$101.0M
Q3 25
$-36.0M
$79.0M
Q2 25
$122.0M
$48.0M
Q1 25
$5.0M
$7.0M
Q4 24
$198.0M
$87.0M
Q3 24
$210.0M
$141.0M
Q2 24
$-306.0M
$208.0M
Free Cash Flow
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
$79.0M
$60.0M
Q3 25
$-58.0M
$40.0M
Q2 25
$105.0M
$16.0M
Q1 25
$-11.0M
$-12.0M
Q4 24
$175.0M
$36.0M
Q3 24
$193.0M
$98.0M
Q2 24
$-329.0M
$156.0M
FCF Margin
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
9.4%
6.2%
Q3 25
-7.5%
4.4%
Q2 25
13.4%
1.7%
Q1 25
-1.4%
-1.4%
Q4 24
17.4%
4.0%
Q3 24
21.0%
10.3%
Q2 24
-39.7%
15.9%
Capex Intensity
SBGI
SBGI
XRAY
XRAY
Q1 26
1.7%
Q4 25
2.3%
4.3%
Q3 25
2.8%
4.3%
Q2 25
2.2%
3.4%
Q1 25
2.1%
2.2%
Q4 24
2.3%
5.6%
Q3 24
1.9%
4.5%
Q2 24
2.8%
5.3%
Cash Conversion
SBGI
SBGI
XRAY
XRAY
Q1 26
Q4 25
0.90×
Q3 25
Q2 25
Q1 25
0.35×
Q4 24
1.13×
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%

XRAY
XRAY

Essential Dental Solutions$372.0M39%
Equipment And Instruments$160.0M17%
Implants And Prosthetics$150.0M16%
CADCAM$139.0M14%
Wellspect Healthcare$88.0M9%
Orthodontics$52.0M5%

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