Tearsheet
SSP Home Investment Highlights Valuation, Metrics & Events Price Chart Why The Stock Moved Return vs. Risk About SSP Interactive Breakdown Better Bets vs. SSP Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Trade Sentinel Industry Resource Links External Quote Links

E W Scripps (SSP)

Market Price (2/22/2026): $3.715 | Market Cap: $328.6 Mil
Sector: Communication Services | Industry: Broadcasting

E W Scripps (SSP)

Market Price (2/22/2026): $3.715
Market Cap: $328.6 Mil
Sector: Communication Services
Industry: Broadcasting

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 37%		 Weak multi-year price returns
2Y Excs Rtn is -80%, 3Y Excs Rtn is -141%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 826%
1 Megatrend and thematic drivers
Megatrends include Digital Content & Streaming, and Digital Advertising. Themes include Video Streaming, and Ad-Tech Platforms. 		  Stock price has recently run up significantly
12M Rtn12 month market price return is 107%
2   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.0%, Rev Chg QQuarterly Revenue Change % is -19%
3   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 60%
4   High stock price volatility
Vol 12M is 110%
5   Key risks
SSP key risks include [1] a significant debt burden and high financial leverage creating potential distress and [2] major revenue volatility from its heavy reliance on cyclical political advertising.
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, FCF Yield is 37%
1 Megatrend and thematic drivers
Megatrends include Digital Content & Streaming, and Digital Advertising. Themes include Video Streaming, and Ad-Tech Platforms.
2 Weak multi-year price returns
2Y Excs Rtn is -80%, 3Y Excs Rtn is -141%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 826%
4 Stock price has recently run up significantly
12M Rtn12 month market price return is 107%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.0%, Rev Chg QQuarterly Revenue Change % is -19%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 60%
7 High stock price volatility
Vol 12M is 110%
8 Key risks
SSP key risks include [1] a significant debt burden and high financial leverage creating potential distress and [2] major revenue volatility from its heavy reliance on cyclical political advertising.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

E W Scripps (SSP) stock has gained about 55% since 10/31/2025 because of the following key factors:

1. Unsolicited Acquisition Proposal from Sinclair Inc.

The primary catalyst for E.W. Scripps' stock surge was the unsolicited acquisition interest from Sinclair Inc. Sinclair acquired an 8.2% stake in Scripps, publicly disclosed on November 17, 2025, which immediately caused SSP's stock price to jump by 40%. On November 24, 2025, Sinclair further proposed a full takeover at $7 per share, representing a 200% premium over Scripps' unadjusted share price before Sinclair announced its stake. Although Scripps' board unanimously rejected this $538 million offer on December 16, 2025, the demonstrated M&A interest established a significantly higher perceived value for the company.

2. Announcement of an Enterprise-Wide Transformation Plan.

E.W. Scripps announced an ambitious enterprise-wide transformation plan around February 11-12, 2026, aiming to achieve $125-150 million in annualized EBITDA improvement by 2028. This strategic initiative focuses on cost savings, AI integration, and automation, signaling a clear path toward enhanced profitability and operational efficiency, thereby bolstering investor confidence in the company's future performance.

Show more

Stock Movement Drivers

Fundamental Drivers

The 52.7% change in SSP stock from 10/31/2025 to 2/21/2026 was primarily driven by a 592.5% change in the company's P/E Multiple.
(LTM values as of)103120252212026Change
Stock Price ($)2.433.7152.7%
Change Contribution By: 
Total Revenues ($ Mil)2,4392,319-4.9%
Net Income Margin (%)4.3%1.0%-76.7%
P/E Multiple2.114.3592.5%
Shares Outstanding (Mil)8888-0.6%
Cumulative Contribution52.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/21/2026
ReturnCorrelation
SSP52.7% 
Market (SPY)1.1%12.2%
Sector (XLC)1.7%16.4%

Fundamental Drivers

The 24.1% change in SSP stock from 7/31/2025 to 2/21/2026 was primarily driven by a 674.6% change in the company's P/E Multiple.
(LTM values as of)73120252212026Change
Stock Price ($)2.993.7124.1%
Change Contribution By: 
Total Revenues ($ Mil)2,4732,319-6.2%
Net Income Margin (%)5.7%1.0%-82.6%
P/E Multiple1.814.3674.6%
Shares Outstanding (Mil)8788-1.8%
Cumulative Contribution24.1%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/21/2026
ReturnCorrelation
SSP24.1% 
Market (SPY)9.4%15.6%
Sector (XLC)9.1%22.6%

Fundamental Drivers

The 97.3% change in SSP stock from 1/31/2025 to 2/21/2026 was primarily driven by a 109.7% change in the company's P/S Multiple.
(LTM values as of)13120252212026Change
Stock Price ($)1.883.7197.3%
Change Contribution By: 
Total Revenues ($ Mil)2,3972,319-3.3%
P/S Multiple0.10.1109.7%
Shares Outstanding (Mil)8688-2.7%
Cumulative Contribution97.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/21/2026
ReturnCorrelation
SSP97.3% 
Market (SPY)15.6%24.3%
Sector (XLC)15.1%24.6%

Fundamental Drivers

The -75.2% change in SSP stock from 1/31/2023 to 2/21/2026 was primarily driven by a -85.4% change in the company's Net Income Margin (%).
(LTM values as of)13120232212026Change
Stock Price ($)14.953.71-75.2%
Change Contribution By: 
Total Revenues ($ Mil)2,3952,319-3.2%
Net Income Margin (%)6.8%1.0%-85.4%
P/E Multiple7.614.386.7%
Shares Outstanding (Mil)8388-5.8%
Cumulative Contribution-75.2%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/21/2026
ReturnCorrelation
SSP-75.2% 
Market (SPY)75.9%25.3%
Sector (XLC)118.3%24.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SSP Return27%-32%-39%-72%81%-8%-76%
Peers Return29%-22%-14%12%76%-3%64%
S&P 500 Return27%-19%24%23%16%0%83%

Monthly Win Rates [3]
SSP Win Rate42%50%42%42%42%50% 
Peers Win Rate52%35%43%57%63%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SSP Max Drawdown-4%-46%-62%-78%-36%-18% 
Peers Max Drawdown-6%-32%-26%-26%-21%-12% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: IHRT, WBD, FOXA, NXST, TGNA. See SSP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/20/2026 (YTD)

How Low Can It Go

Unique KeyEventSSPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-79.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven386.6%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-67.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven203.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven314 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-54.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven119.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven1,040 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-94.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven1624.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,491 days1,480 days

Compare to IHRT, WBD, FOXA, NXST, TGNA

In The Past

E W Scripps's stock fell -79.4% during the 2022 Inflation Shock from a high on 3/12/2021. A -79.4% loss requires a 386.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About E W Scripps (SSP)

The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, Scripps Network, and Other segments. The Local Media segment operates broadcast television stations, which produce news, information, and entertainment content, as well as its related digital operations. This segment also runs network, syndicated, and original programming. The Scripps Network segment comprises of national television networks. The Network operates through over-the-air broadcast, cable/satellite, connected TV, and digital distribution. In addition, the company provides content and services through the internet, smartphones, and tablets. Further, the company provides Newsy, a national news network, which provides politics, entertainment, science, and technology news; and Scripps National Spelling Bee, an investigative reporting newsroom in Washington, D.C. Additionally, the company offers ION, a national broadcast television network that delivers popular crime and justice procedural programming through over-the-air broadcast and pay TV platforms. It serves audiences and businesses. The E.W. Scripps Company operates through a network of 61 television stations. The company was founded in 1878 and is headquartered in Cincinnati, Ohio.

AI Analysis | Feedback

Here are 1-2 brief analogies to describe E W Scripps (SSP):

1. The iHeartMedia of local TV broadcasting, owning numerous local television stations across the U.S.

2. A smaller Paramount Global or Warner Bros. Discovery, focusing purely on a portfolio of ad-supported national TV channels (like ION, Bounce, and Scripps News).

AI Analysis | Feedback

  • Local Television Broadcasting: Operates a portfolio of local television stations across the United States, providing news, weather, sports, and entertainment programming to local communities.
  • National Television Networks: Manages a collection of national news and entertainment networks, including ION, Scripps News, Bounce, Grit, Laff, Court TV, Defy TV, and TrueReal, reaching audiences nationwide.

AI Analysis | Feedback

E W Scripps (SSP) primarily sells its services to other companies. Its major customers fall into two main categories:

1. Advertising Customers

These are businesses (local and national) that purchase advertising time on Scripps' broadcast television stations and national networks (such as ION, Bounce, Laff, Grit, Court TV, and Scripps News) to reach target audiences. Due to the highly fragmented nature of the advertising market, it is not practical to list specific major customers by name. These include a wide array of industries such as:

  • Automotive dealerships and manufacturers
  • Retailers
  • Consumer packaged goods companies
  • Healthcare providers
  • Political campaigns
  • Local service businesses

2. Multichannel Video Programming Distributors (MVPDs)

These are the cable, satellite, and virtual streaming providers that pay retransmission consent fees to Scripps for the right to carry its local broadcast signals and national networks. Major customers in this category include:

  • Comcast Corporation (CMCSA)
  • Charter Communications, Inc. (CHTR)
  • DISH Network Corporation (DISH)
  • Verizon Communications Inc. (VZ)
  • Alphabet Inc. (GOOGL) (for YouTube TV)
  • The Walt Disney Company (DIS) (for Hulu + Live TV)

AI Analysis | Feedback

  • The Walt Disney Company (DIS) - Supplier of ABC network programming and brand affiliation.
  • Comcast Corporation (CMCSA) - Supplier of NBC network programming and brand affiliation.
  • Paramount Global (PARA) - Supplier of CBS network programming and brand affiliation.
  • Nexstar Media Group (NXST) - Key owner and operator of The CW network, supplying programming and brand affiliation.
  • Warner Bros. Discovery (WBD) - Key owner and operator of The CW network, supplying programming and brand affiliation.
  • Fox Corporation (FOXA) - Supplier of MyNetworkTV programming and brand affiliation.

AI Analysis | Feedback

The E.W. Scripps Company's management team includes experienced leaders with diverse backgrounds in media and finance. Adam Symson President and Chief Executive Officer Adam Symson has served as President and Chief Executive Officer of The E.W. Scripps Company since August 2017. He joined Scripps in 2002 and held roles as Chief Operating Officer from 2016 to 2017 and Chief Digital Officer from 2011 to 2016. Symson began his career as an investigative producer for CBS television stations WBBM-TV in Chicago and KCBS-TV in Los Angeles. As CEO, he has led the transformation of Scripps into a diversified media enterprise, including the acquisition of ION Media in 2021, the expansion of local television station holdings, and the divestment of digital audio assets. Jason Combs Chief Financial Officer Jason Combs was appointed Chief Financial Officer of The E.W. Scripps Company in December 2020, with his appointment effective upon the close of the ION Media acquisition. Prior to this role, he was the Vice President of Financial Planning & Analysis for Scripps. Before joining Scripps in 2015, Combs spent 14 years at Convergys Corp. in various finance leadership positions, including Senior Director Finance, Director Finance, Senior Financial Analyst, and Treasury Analyst. He holds an MBA in Finance from Xavier University. Lisa Knutson Chief Operating Officer Lisa Knutson became Chief Operating Officer in January 2023, overseeing local media and Scripps Networks. She has been with Scripps since 2005, serving in various leadership capacities, including President of Scripps Networks from January 2021 to January 2023, Chief Financial Officer from September 2017 to January 2021, Chief Strategy Officer, Chief Administrative Officer from 2011 to 2017, and Senior Vice President of Human Resources. Before Scripps, Knutson was a Vice President at Fifth Third Bank and worked at Arthur Andersen, LLP. She also held the role of CFO/head of administration for PSARA Technologies, Inc., a startup environmental consulting firm, where she managed financial, legal, and administrative matters and fundraising. Brian Lawlor President, Scripps Sports Brian Lawlor was named President, Scripps Sports, in December 2022. Previously, he led Scripps' Local Media division for 14 years, overseeing the significant growth of the company's broadcasting assets from 10 to 61 television stations. During his tenure, he also oversaw the acquisition of the Katz multicast networks and the launch of Court TV. Lawlor had responsibility for 35 radio stations from 2015-2018 before Scripps exited the radio business. He began his career as an account executive at WBRE-TV and WPTV, holding various sales and management positions within Scripps, including Vice President and General Manager of WPTV and General Sales Manager for WCPO-TV. Laura Tomlin Chief Transformation Officer Laura Tomlin serves as the Chief Transformation Officer for The E.W. Scripps Company. Prior to this role, she was the Chief Administrative Officer.

AI Analysis | Feedback

The E.W. Scripps Company (SSP) faces several key risks to its business operations:

  1. High Debt Load and Leverage: E.W. Scripps operates with a significant debt burden, posing a core internal financial risk. As of September 2025, the company carried approximately $2.65 billion in total debt, resulting in a net debt of about $2.59 billion. Its Debt-to-Equity ratio was substantially higher than the industry average, standing at roughly 2.2 in November 2025. This high leverage is reflected in a low Altman Z-Score, indicating potential financial distress, and weak interest coverage. The company's variable rate indebtedness also exposes it to interest rate risk, which could significantly increase debt service obligations.
  2. Declining Traditional Media Revenues and Audience Fragmentation: Operating within the evolving media industry, E.W. Scripps is challenged by declining traditional media revenues and the ongoing fragmentation of audiences. The company's revenue is heavily influenced by cyclical political advertising, with significant drops in non-election years, such as the 19% year-over-year decrease in Q3 2025 total revenue due to the absence of a political election cycle. Core advertising revenue in its local media segment has also shown declines.
  3. Increasing Programming Costs: E.W. Scripps faces the risk of increasing programming costs. These costs include network affiliation fees, local sports rights fees, and syndicated programming, which constituted 45% of its Local Media segment's costs and expenses in 2024.

AI Analysis | Feedback

The rapid proliferation and increasing adoption of Free Ad-supported Streaming TV (FAST) channels and platforms represents a clear emerging threat. These services (e.g., Pluto TV, Tubi, Roku Channel, Amazon Freevee) offer a vast and growing library of free, ad-supported content delivered over the internet, directly competing with E W Scripps' over-the-air national networks (such as ION, Bounce, Grit, Laff, and Court TV) for audience attention and advertiser dollars. This shift in content consumption from traditional broadcast to internet-delivered streaming platforms mirrors historical disruptions where new, more convenient, or cost-effective distribution models displaced incumbents.

AI Analysis | Feedback

The E.W. Scripps Company (SSP) operates primarily in local media, national television networks, and podcasting, with advertising services being a core revenue driver across these segments. The addressable markets for their main products and services in the U.S. are as follows:

Addressable Markets for E.W. Scripps' Main Products or Services (U.S.)

  • Local Media and Scripps Networks (Television Broadcasting and Services): The U.S. Broadcasting and Cable TV market was valued at over USD 127.53 billion in 2025 and is projected to exceed USD 155.46 billion by 2035. Advertising constitutes 74.80% of the revenue share in this market. The broader U.S. Television Services market size was estimated at USD 117.68 billion in 2024 and is expected to reach approximately USD 186.90 billion by 2034. North America held the largest share in the television services market in 2024.
  • Podcasting: The podcasting market in the United States generated approximately USD 8.39 billion in revenue in 2024 and is anticipated to reach USD 25.78 billion by 2030. The North America podcasting market is expected to achieve a market value of USD 36.07 billion by 2031, with the U.S. market being dominant.
  • Advertising Services (Overall U.S. Market): The total advertising spending in the United States is expected to reach USD 455.9 billion by 2025. The U.S. advertising market is projected to grow from USD 201.01 billion in 2024 to USD 281.92 billion by 2033. In 2024, the North America advertising market was valued at USD 334.26 billion and is estimated to reach USD 587.18 billion by 2033.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for The E.W. Scripps Company (SSP) over the next 2-3 years:

  1. Political Advertising Revenue: E.W. Scripps anticipates significant revenue surges from political advertising, particularly with the upcoming 2026 midterm elections and the 2028 presidential election cycle falling within the 2-3 year outlook. The company reported record political advertising revenue in 2024 and expects continued strength in future election years.

  2. Expansion of Scripps Sports Strategy: The company's strategic investment in sports broadcasting, including partnerships with the WNBA, National Women's Soccer League, and local NHL teams (such as the Florida Panthers, Utah Hockey Club, and Tampa Bay Lightning), is a key driver. This initiative is boosting advertising revenue and commanding premium rates for sports programming.

  3. Growth in Connected TV (CTV) and Streaming Distribution: Scripps is actively expanding the distribution of its national networks (ION, ION Mystery, Bounce, Grit, Laff, Court TV, and Scripps News) across various streaming services and Connected TV platforms. This strategy has resulted in substantial year-over-year growth in CTV revenue, with management aiming to further expand its leadership in the Free Ad-Supported Television (FAST) and CTV markets.

  4. Favorable Retransmission Consent Agreements: Successful renegotiations of retransmission consent agreements for its local stations are expected to contribute to distribution revenue growth. These new agreements, particularly those that include distribution fees for local and regional sports content, are anticipated to expand revenue and distribution margins.

  5. Growth in Core Local and National Advertising: Outside of political cycles, E.W. Scripps is seeing growth in its core advertising revenue, driven by categories like services and national advertising. The company's sports strategy is also bolstering core advertising performance, and easier year-over-year comparisons (due to less displacement from political advertising in non-election periods) are expected to support continued strong core revenue growth.

AI Analysis | Feedback

Capital Allocation Decisions (Last 3-5 Years) for E.W. Scripps (SSP)

Share Repurchases

  • A share repurchase program of up to $100 million of Class A common shares was authorized in February 2020, running through March 1, 2022.
  • Under the terms of the preferred stock issued to Berkshire Hathaway, Inc. in 2021, E.W. Scripps is prohibited from repurchasing common shares until all preferred shares are redeemed.

Share Issuance

  • Share-based compensation awards resulted in expenses of $3.2 million in 2024 and $1.5 million in 2023, reflecting a form of equity issuance.

Inbound Investments

  • In 2021, Berkshire Hathaway, Inc. made a significant preferred equity investment in E.W. Scripps, which implied a principal investment of $600 million, based on $48 million in preferred stock dividends paid in 2023 and 2022 (assuming an 8% dividend rate).

Outbound Investments

  • E.W. Scripps acquired Nuvyyo for $13.8 million in 2022.
  • In April 2025, the company sold its West Palm Beach television station building for $40 million.
  • The company announced a station swap with Gray Media in 2025 involving stations in five markets and the sale of two network-affiliated stations (WFTX and WRTV) for total proceeds of $123 million, as part of a strategy to optimize its portfolio and pay down debt.
  • In February 2024, E.W. Scripps received $18.1 million in pre-tax cash proceeds from the sale of its equity ownership in Broadcast Music, Inc. (BMI).

Capital Expenditures

  • Capital expenditures totaled $59.6 million in 2023 and $45.8 million in 2022.
  • Expected capital expenditures for fiscal year 2025 are projected to be in the range of $45–$50 million.
  • Capital expenditures support initiatives such as enhancing the over-the-air television experience, including the relaunch of the Tablo product in 2023, and expanding the Scripps Sports division launched in December 2022.

Better Bets vs. E W Scripps (SSP)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1E W Scripps Earnings Notes12/16/2025
2E W Scripps Market Price05/06/2025
3Now Is Not The Time To Buy E W Scripps Stock02/03/2025
4E W Scripps (SSP) worth $1,958,159,596,767,709 Tril (down $0), more valuable than Apple01/04/2025
5The E W Scripps (SSP) worth $1,686,192,986,105,527 Tril (up $155,409,491,806,961 Tril), more valuable than Apple11/25/2024
6Day 6 of Loss Streak for The E W Scripps Stock with -27% Return (vs. -78% YTD) [11/16/2024]11/16/2024
7The E W Scripps (SSP) worth $1,569,635,867,250,306 Tril (down $-202,032,339,349,049 Tril), still more valuable than Apple11/13/2024
8The E W Scripps (SSP) worth $1,573,521,104,545,480 Tril (down $-291,392,797,138,052 Tril), still more valuable than Apple11/08/2024
9The E W Scripps (SSP) worth $1,573,521,104,545,480 Tril (down $-205,917,576,644,224 Tril), still more valuable than Apple11/07/2024
10The E W Scripps (SSP) worth $1,573,521,104,545,480 Tril (down $-1,161,685,951,257,034 Tril), still more valuable than Apple11/05/2024
Title
0ARTICLES

Trade Ideas

Select ideas related to SSP.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
RBLX_1302026_Dip_Buyer_High_CFO_Margins_ExInd_DE01302026RBLXRobloxDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		-3.9%-3.9%-7.9%
META_1162026_Monopoly_xInd_xCD_Getting_Cheaper01162026METAMeta PlatformsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		3.1%3.1%-2.6%
IRDM_1092026_Dip_Buyer_ValueBuy01092026IRDMIridium CommunicationsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		19.8%19.8%-4.6%
CNK_12052025_Dip_Buyer_ValueBuy12052025CNKCinemarkDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		13.3%13.3%-0.1%
TMUS_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025TMUST-Mobile USMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		5.3%5.3%-11.9%

Recent Active Movers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Peers to compare with:

Financials

SSPIHRTWBDFOXANXSTTGNAMedian
NameE W Scri.iHeartMe.Warner B.Fox Nexstar .Tegna  
Mkt Price3.713.6128.7557.02231.4420.8324.79
Mkt Cap0.30.671.324.77.03.45.2
Rev LTM2,3193,85637,86316,5785,1482,8764,502
Op Inc LTM3052131,4123,1551,049599824
FCF LTM122-1514,1342,310983429706
FCF 3Y Avg144414,9251,773908519713
CFO LTM161-625,2302,7291,112468790
CFO 3Y Avg2001456,0712,1421,056567812

Growth & Margins

SSPIHRTWBDFOXANXSTTGNAMedian
NameE W Scri.iHeartMe.Warner B.Fox Nexstar .Tegna  
Rev Chg LTM-3.3%1.4%-4.3%9.2%-1.4%-2.7%-2.1%
Rev Chg 3Y Avg-1.0%0.1%17.2%5.1%1.2%-2.8%0.6%
Rev Chg Q-18.6%-1.1%-6.0%2.0%-12.3%-19.3%-9.2%
QoQ Delta Rev Chg LTM-4.9%-0.3%-1.5%0.6%-3.2%-5.1%-2.3%
Op Mgn LTM13.1%5.5%3.7%19.0%20.4%20.8%16.1%
Op Mgn 3Y Avg13.4%5.3%-0.5%18.6%19.8%22.8%16.0%
QoQ Delta Op Mgn LTM-3.3%0.4%1.2%-0.7%-2.4%-3.5%-1.5%
CFO/Rev LTM7.0%-1.6%13.8%16.5%21.6%16.3%15.0%
CFO/Rev 3Y Avg8.5%3.8%15.2%13.7%20.5%19.0%14.5%
FCF/Rev LTM5.3%-3.9%10.9%13.9%19.1%14.9%12.4%
FCF/Rev 3Y Avg6.1%1.1%12.3%11.4%17.6%17.4%11.9%

Valuation

SSPIHRTWBDFOXANXSTTGNAMedian
NameE W Scri.iHeartMe.Warner B.Fox Nexstar .Tegna  
Mkt Cap0.30.671.324.77.03.45.2
P/S0.10.11.91.51.41.21.3
P/EBIT1.2-3.719.48.36.45.56.0
P/E14.3-1.4147.013.113.69.713.3
P/CFO2.0-9.013.69.06.37.26.7
Total Yield7.0%-71.3%0.7%8.8%10.5%12.6%7.9%
Dividend Yield0.0%0.0%0.0%1.2%3.1%2.4%0.6%
FCF Yield 3Y Avg52.1%18.8%15.2%7.9%16.4%16.9%16.6%
D/E8.410.50.50.30.90.80.8
Net D/E8.310.10.40.20.90.70.8

Returns

SSPIHRTWBDFOXANXSTTGNAMedian
NameE W Scri.iHeartMe.Warner B.Fox Nexstar .Tegna  
1M Rtn6.3%-6.2%1.4%-21.2%6.4%9.9%3.8%
3M Rtn-10.0%-6.7%24.1%-13.2%23.2%5.0%-0.9%
6M Rtn12.1%52.3%138.6%-3.6%13.8%0.1%12.9%
12M Rtn107.3%71.1%166.7%1.1%60.6%20.1%65.8%
3Y Rtn-74.3%-52.1%86.4%62.6%32.6%4.1%18.4%
1M Excs Rtn8.0%-4.7%0.3%-22.1%9.3%9.4%4.1%
3M Excs Rtn-19.7%-13.9%16.9%-16.6%20.6%0.9%-6.5%
6M Excs Rtn19.5%53.1%141.1%-10.9%8.3%-7.6%13.9%
12M Excs Rtn97.1%46.6%151.5%-12.3%43.1%6.4%44.9%
3Y Excs Rtn-141.3%-117.9%28.1%-1.1%-35.7%-56.0%-45.9%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Local Media1,3981,4941,3191,4881,023
Scripps Networks893961952309 
Other191527735
Intersegment eliminations-18-17-15-13 
National Media    324
Total2,2932,4532,2841,8571,351


Operating Income by Segment
$ Mil20242023202220212020
Local Media211386268444218
Scripps Networks15431038928 
Gains (losses), net on disposal of property and equipment-2-630-12
Other-28-18018-4
Restructuring costs-390-90-3
Shared services and corporate-97-82-76-61-57
Impairment of goodwill-9520   
Acquisition and related integration costs -2-40-19-26
Depreciation and amortization of intangible assets -160-162-107-84
National Media    43
Total-75342840130387


Assets by Segment
$ Mil20242023202220212020
Scripps Networks2,8793,9153,865527 
Local Media2,3942,3922,4322,4632,695
Shared services and corporate79713341,67182
Other5853281984
Discontinued operations   0101
National Media    681
Total5,4106,4316,6584,8593,562


Price Behavior

Price Behavior
Market Price$3.71 
Market Cap ($ Bil)0.3 
First Trading Date03/26/1990 
Distance from 52W High-24.3% 
   50 Days200 Days
DMA Price$3.83$3.14
DMA Trendupindeterminate
Distance from DMA-3.1%18.1%
 3M1YR
Volatility58.2%110.1%
Downside Capture146.65131.71
Upside Capture49.43187.14
Correlation (SPY)31.3%24.2%
SSP Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta0.490.790.580.991.351.61
Up Beta-1.77-2.281.193.331.091.37
Down Beta0.462.880.710.571.621.78
Up Capture-90%-111%158%58%235%170%
Bmk +ve Days11223471142430
Stock +ve Days6162752109338
Down Capture329%145%-45%38%116%112%
Bmk -ve Days9192754109321
Stock -ve Days13243370135400

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SSP
SSP94.2%109.8%1.06-
Sector ETF (XLC)12.3%18.8%0.4924.6%
Equity (SPY)13.5%19.4%0.5324.4%
Gold (GLD)74.5%25.6%2.15-2.7%
Commodities (DBC)7.2%16.9%0.259.7%
Real Estate (VNQ)7.1%16.7%0.2413.2%
Bitcoin (BTCUSD)-29.7%44.9%-0.6515.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SSP
SSP-27.8%81.1%-0.05-
Sector ETF (XLC)10.9%20.8%0.4429.3%
Equity (SPY)13.4%17.0%0.6230.3%
Gold (GLD)22.6%17.1%1.083.7%
Commodities (DBC)10.9%19.0%0.4612.0%
Real Estate (VNQ)5.0%18.8%0.1728.3%
Bitcoin (BTCUSD)7.4%57.1%0.3520.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with SSP
SSP-14.2%68.9%0.08-
Sector ETF (XLC)9.6%22.4%0.5235.4%
Equity (SPY)16.1%17.9%0.7738.6%
Gold (GLD)14.8%15.6%0.79-0.8%
Commodities (DBC)8.6%17.6%0.4017.1%
Real Estate (VNQ)7.0%20.7%0.3035.1%
Bitcoin (BTCUSD)68.0%66.7%1.0713.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date1302026
Short Interest: Shares Quantity3.0 Mil
Short Interest: % Change Since 1152026-0.9%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest6.6 days
Basic Shares Quantity88.5 Mil
Short % of Basic Shares3.4%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/7/202524.9%52.7%131.2%
7/28/20251.2%-12.9%-3.9%
3/12/202543.4%104.2%67.1%
11/4/2024-35.5%-33.5%-39.5%
8/9/2024-19.9%-29.1%-41.2%
5/10/2024-22.0%-29.8%-48.3%
2/23/2024-19.5%-25.2%-35.5%
11/3/202318.0%9.7%29.0%
...
SUMMARY STATS   
# Positive11119
# Negative121214
Median Positive8.0%8.7%29.0%
Median Negative-12.4%-17.1%-16.8%
Max Positive43.4%104.2%131.2%
Max Negative-35.5%-33.5%-48.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/09/202510-Q
12/31/202403/12/202510-K
09/30/202411/05/202410-Q
06/30/202408/09/202410-Q
03/31/202405/10/202410-Q
12/31/202302/23/202410-K
09/30/202311/03/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202211/08/202210-Q
06/30/202208/05/202210-Q
03/31/202205/06/202210-Q
12/31/202102/25/202210-K

External Quote Links


Prefer one of these to Trefis? Tell us why.