Iridium Communications
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
23.6717.6314.05
Price/Sales ratio
3.903.773.35
Earnings per Share (EPS)
$1.02$1.37$1.72

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
11.88112.278.284.94-150.22-19.03-93.66-591.63755.82335.3629.81-150.22
Price/Sales ratio
2.181.942.122.573.845.508.998.979.146.534.073.84
Price/Book Value ratio
0.720.650.680.721.252.113.694.285.845.825.141.25
Price/Cash Flow ratio
4.143.674.084.457.6215.5621.0218.2019.1216.419.507.62
Price/Free Cash Flow ratio
-3.94-2.88-5.09-8.22-15.7438.3924.8721.1424.1021.4111.13-15.74
Price/Earnings Growth ratio
-1.71-0.99-0.000.041.42-0.011.387.09-3.824.380.59-0.01
Dividend Yield
1.34%1.93%1.67%0.33%0.76%0.27%N/AN/AN/A1.25%1.89%0.76%
Profitability Indicator Ratios
Gross Profit Margin
71.44%75.42%74.80%72.13%72.68%74.10%75.54%75.52%72.10%71.52%59.81%74.10%
Operating Profit Margin
30.08%17.94%40.67%25.77%7.96%1.80%6.08%7.53%10.63%10.32%23.94%7.96%
Pretax Profit Margin
28.50%17.77%41.08%26.68%-3.94%-38.91%-15.24%-4.70%1.25%-0.60%13.47%-3.94%
Net Profit Margin
18.35%1.73%25.60%52.19%-2.55%-28.90%-9.60%-1.51%1.20%1.94%14.08%-2.55%
Effective Tax Rate
35.60%90.25%37.68%-95.57%35.18%25.72%36.99%67.74%3.23%553.00%8.15%25.72%
Return on Assets
2.57%0.22%3.17%6.18%-0.33%-4.47%-1.66%-0.29%0.29%0.57%4.16%-0.33%
Return On Equity
6.08%0.57%8.26%14.64%-0.83%-11.10%-3.94%-0.72%0.77%1.73%14.34%-0.83%
Return on Capital Employed
4.37%2.37%5.16%3.23%1.11%0.28%1.09%1.50%2.72%3.22%7.43%1.11%
Liquidity Ratios
Current Ratio
5.594.746.211.911.483.013.07N/AN/AN/A2.621.48
Quick Ratio
5.324.465.991.821.382.662.783.631.881.362.011.38
Cash ratio
2.061.824.461.331.041.962.092.941.190.541.171.04
Days of Sales Outstanding
45.2645.8448.2955.4249.6944.7438.2537.6641.6442.3343.3344.74
Days of Inventory outstanding
88.96100.8060.8258.6770.35100.4383.0870.4872.17147.7691.9270.35
Operating Cycle
134.23146.65109.11114.09120.04145.17121.33108.15113.82190.09135.26120.04
Days of Payables Outstanding
55.30113.7937.19126.0132.8716.8836.8039.3038.7846.4815.1616.88
Cash Conversion Cycle
78.9232.8571.92-11.9187.17128.2984.5268.8475.04143.61120.1087.17
Debt Ratios
Debt Ratio
0.440.430.470.450.480.490.480.500.500.550.650.48
Debt Equity Ratio
1.041.131.231.061.221.211.131.241.311.662.701.22
Long-term Debt to Capitalization
0.510.530.550.500.530.540.520.550.560.620.720.53
Total Debt to Capitalization
0.510.530.550.510.540.540.530.550.560.620.730.54
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A0.37N/AN/AN/A2.21N/A
Cash Flow to Debt Ratio
0.160.150.130.150.130.110.150.180.230.210.200.13
Company Equity Multiplier
2.362.602.602.362.502.482.362.462.612.994.142.50
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.520.520.510.570.500.350.420.490.470.390.440.35
Free Cash Flow / Operating Cash Flow Ratio
-1.05-1.27-0.80-0.54-0.480.400.840.860.790.760.82-0.48
Cash Flow Coverage Ratio
0.160.150.130.150.130.110.150.180.230.210.200.13
Short Term Coverage Ratio
N/AN/AN/A3.032.0918.2214.8918.3520.8920.9919.652.09
Dividend Payout Ratio
15.96%216.70%13.90%1.65%-115.26%-5.17%N/AN/AN/A420.20%56.85%-115.26%