NASDAQ : STRZ

Starz Entertainment Corp. — Financial statements

Communication Services · Entertainment · Canada

Last price 21.74 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 372.28M

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Financial statements

Starz Entertainment Corp. (STRZ) reported revenue of 1.25B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2025FY2024FY2023FY2022
Revenue1.25B1.28B1.37B1.39B1.42B1.45B
Cost of Revenue557.93M601.73M639.90M626.60M718.90M654.20M
Gross Profit692.60M682.80M729.70M765.80M703.60M796.50M
Selling, General & Admin406.63M395.33M391.70M452.10M547.50M566.90M
Other Operating Expenses148.70M153.20M151.50M164.00M
Operating Expenses810.00M743.60M717.10M780.70M703.20M719.50M
Operating Income-117.40M-60.80M12.60M-14.90M400.00K77.00M
Interest Expense-59.83M-57.60M-45.60M-47.20M-58.60M-60.90M
Interest & Investment Income266.67K4.90M3.50M600.00K500.00K
Other Non Operating Income (Expenses)-7.23M-8.13M-7.20M-7.50M-6.70M-2.70M
EBT Excluding Unusual Items-184.47M-126.27M-35.30M-66.10M-64.30M13.90M
Merger & Restructuring Charges13.23M-18.67M-27.70M-11.80M-89.90M-10.50M
Impairment of Goodwill-494.00M-1.26B
Asset Writedown-9.07M-9.07M-156.40M-382.90M
Other Unusual Items-120.10M-4.50M21.30M61.70M-26.30M
Pretax Income-300.40M-154.00M-223.90M-933.50M-1.35B-22.90M
Income Tax Expense-6.00M400.00K-8.60M-128.90M-18.30M7.10M
Earnings From Continuing Operations-294.40M-154.40M-215.30M-804.60M-1.34B-30.00M
Earnings From Discontinued Operations-1.00M4.10M-110.60M-535.10M-125.30M
Net Income to Company-154.40M-211.20M-915.20M-1.87B-155.30M
Net Income-295.40M-154.40M-211.20M-915.20M-1.87B-155.30M
Net Income to Common-295.40M-154.40M-211.20M-915.20M-1.87B-155.30M
Shares Outstanding (Basic)16.85M16.70M16.70M16.70M
Shares Outstanding (Diluted)16.85M16.70M16.70M16.70M
EPS (Basic)-17.53-12.65-54.80
EPS (Diluted)-17.53-12.65-54.80
Free Cash Flow90.33M1.73M-63.60M-152.20M-472.60M-254.70M
Free Cash Flow Per Share5.360.10-3.81-9.11
Gross Margin55.38%53.15%53.28%55.00%49.46%54.91%
Operating Margin-9.39%-4.73%0.92%-1.07%0.03%5.31%
Profit Margin-23.62%-12.02%-15.42%-65.73%-131.53%-10.71%
Free Cash Flow Margin7.22%0.14%-4.64%-10.93%-33.22%-17.56%
EBITDA141.97M139.47M190.30M154.40M156.10M239.70M
EBITDA Margin11.35%10.86%13.89%11.09%10.97%16.52%
D&A For EBITDA259.37M200.27M177.70M169.30M155.70M162.70M
EBIT-117.40M-60.80M12.60M-14.90M400.00K77.00M
EBIT Margin-9.39%-4.73%0.92%-1.07%0.03%5.31%
Revenue as Reported1.25B1.28B1.37B1.39B
Advertising Expenses289.90M322.90M339.00M370.90M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2025FY2024FY2023FY2022
Cash & Equivalents86.80M35.70M17.80M23.00M52.00M
Cash & Short-Term Investments86.80M35.70M17.80M23.00M52.00M
Accounts Receivable57.60M74.50M52.70M52.90M18.00M
Other Receivables8.30M9.90M
Receivables65.90M84.40M134.30M52.90M18.00M
Prepaid Expenses11.40M12.10M18.40M18.10M18.80M
Other Current Assets32.80M40.30M
Total Current Assets164.10M132.20M170.50M126.80M129.10M
Property, Plant & Equipment84.50M90.80M85.90M95.60M107.40M
Goodwill494.00M
Other Intangible Assets1.34B1.68B1.91B1.91B2.31B
Long-Term Accounts Receivable1.20M2.50M4.50M3.50M1.40M
Long-Term Deferred Charges2.60M3.00M
Other Long-Term Assets4.20M191.60M
Total Assets1.59B1.91B2.17B2.14B3.23B
Accounts Payable68.00M60.00M64.50M80.30M86.90M
Accrued Expenses61.60M38.00M54.60M56.80M46.90M
Short-Term Debt40.60M87.70M90.70M83.60M
Current Portion of Long-Term Debt20.20M7.50M
Current Portion of Leases11.90M11.10M9.90M9.00M9.70M
Current Unearned Revenue59.10M52.80M39.40M28.50M22.70M
Other Current Liabilities231.50M282.30M363.40M233.80M379.20M
Total Current Liabilities492.90M539.40M622.50M408.40M629.00M
Long-Term Debt695.50M647.20M699.90M696.60M776.00M
Long-Term Leases40.10M48.30M45.60M55.40M62.80M
Long-Term Deferred Tax Liabilities2.20M7.90M8.50M11.00M97.20M
Other Long-Term Liabilities94.80M24.40M30.30M48.50M134.30M
Total Liabilities1.33B1.27B1.41B1.22B1.70B
Common Stock743.60M735.10M747.20M900.00M1.51B
Retained Earnings-497.60M-108.50M
Comprehensive Income & Other22.90M19.40M19.20M19.20M19.20M
Shareholders' Equity268.90M646.00M766.40M919.20M1.53B
Total Liabilities & Equity1.59B1.91B2.17B2.14B3.23B
Total Debt808.30M801.80M846.10M761.00M932.10M
Net Cash (Debt)-721.50M-766.10M-828.30M-738.00M-880.10M
Net Cash Per Share-42.82-45.87-49.60-44.19
Filing Date Shares Outstanding17.26M16.78M16.72M160.00K
Total Common Shares Outstanding17.20M16.70M16.72M160.00K
Working Capital-328.80M-407.20M-452.00M-281.60M-499.90M
Book Value Per Share15.6338.6845.835,745.00
Tangible Book Value-1.07B-1.04B-1.15B-989.80M-1.27B
Tangible Book Value Per Share-62.33-62.20-68.53-6,186.25
Machinery52.00M49.60M49.30M46.80M
Leasehold Improvements32.30M31.70M31.10M30.50M
Order Backlog39.40M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2025FY2024FY2023FY2022
Net Income-295.40M-154.40M-211.20M-915.20M-1.87B-155.30M
Depreciation & Amortization259.37M200.27M177.70M169.30M164.90M162.70M
Other Amortization562.83M606.13M642.50M629.70M648.90M593.00M
Asset Writedown & Restructuring Costs-31.77M9.33M156.40M877.00M1.35B
Stock-Based Compensation31.43M19.73M18.00M24.60M25.70M28.00M
Other Operating Activities-900.00K-1.00M28.90M451.30M152.20M
Change in Accounts Receivable-36.23M-3.73M3.70M-34.90M-2.70M-2.70M
Change in Accounts Payable111.93M-45.87M-38.20M-79.60M-12.90M-23.60M
Change in Unearned Revenue17.40M19.20M10.90M5.90M100.00K7.10M
Change in Other Net Operating Assets-507.70M-626.80M-798.20M-699.80M-937.80M-835.10M
Operating Cash Flow111.97M23.87M-46.00M-131.80M-438.30M-234.90M
Capital Expenditures-21.63M-22.13M-17.60M-20.40M-34.30M-19.80M
Divestitures123.60M
Other Investing Activities-22.80M111.20M-81.60M-4.40M-8.20M-7.20M
Investing Cash Flow-44.43M89.07M-99.20M-24.80M-42.50M96.60M
Short-Term Debt Issued310.40M189.70M103.90M75.00M
Long-Term Debt Issued417.00M1.05B
Total Debt Issued917.23M1.32B727.40M189.70M103.90M1.12B
Short-Term Debt Repaid-219.80M-272.50M-116.50M-75.00M
Long-Term Debt Repaid-452.00M-61.40M-135.00M-1.06B
Total Debt Repaid-910.10M-1.39B-671.80M-333.90M-251.50M-1.14B
Net Debt Issued (Repaid)7.13M-69.87M55.60M-144.20M-147.60M-14.90M
Other Financing Activities-23.30M-19.20M70.40M276.20M575.70M100.20M
Financing Cash Flow-15.37M-89.07M126.00M132.00M428.10M85.30M
Net Cash Flow52.17M23.87M-19.20M-24.60M-52.70M-53.00M
Free Cash Flow90.33M1.73M-63.60M-152.20M-472.60M-254.70M
Free Cash Flow Margin7.22%0.14%-4.64%-10.93%-33.22%-17.56%
Free Cash Flow Per Share5.360.10-3.81-9.11
Levered Free Cash Flow873.58M601.39M
Unlevered Free Cash Flow898.38M627.69M
Cash Interest Paid63.33M63.33M42.30M45.60M59.00M
Cash Income Tax Paid1.07M1.07M1.10M3.00M8.60M
Change in Working Capital-414.60M-657.20M-821.80M-808.40M-953.30M-854.30M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2025FY2024FY2023FY2022
Market Capitalization381.24M195.75M
Enterprise Value1.10B920.95M
Last Close Price22.0911.70
Forward PE96.00
PS Ratio0.300.15
PB Ratio1.410.30
P/FCF Ratio4.22112.94
P/OCF Ratio3.408.20
EV/Sales Ratio0.880.72
EV/EBITDA Ratio7.776.60
EV/FCF Ratio12.21531.32
Debt / Equity Ratio3.011.241.100.830.61
Debt / EBITDA Ratio5.695.754.214.545.50
Debt / FCF Ratio8.95462.58
Net Debt / Equity Ratio2.681.191.080.800.57
Net Debt / EBITDA Ratio5.085.494.354.785.64
Net Debt / FCF Ratio7.99441.98-13.02-4.85-1.86
Asset Turnover0.640.52
Quick Ratio0.310.220.110.190.11
Current Ratio0.330.240.270.310.20
Return on Equity (ROE)-25.55%-65.66%
Return on Assets (ROA)0.36%-0.35%
Return on Capital Employed (ROCE)-10.70%-4.40%0.80%-0.90%0.00%
Earnings Yield-79.36%-78.88%
FCF Yield23.69%0.89%