Latest Ratios: P/E Ratio -1.1x · EV/EBITDA N/A · ROE -41.7%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.0B | $8.9B | $6.8B | $9.9B | $11.0B | $19.8B | $23.0B | $25.9B | $16.7B | $24.0B | $28.5B |
| Enterprise Value | $22.1B | $20.0B | $20.0B | $23.5B | $25.4B | $32.8B | $41.4B | $45.7B | $34.9B | $33.9B | $37.3B |
| P/E Ratio → | -1.08 | — | — | — | 10.48 | 4.39 | 9.51 | 7.83 | 8.51 | 67.05 | 22.64 |
| P/S Ratio | 0.38 | 0.30 | 0.23 | 0.33 | 0.36 | 0.69 | 0.91 | 0.96 | 1.15 | 1.75 | 2.16 |
| P/B Ratio | 0.52 | 0.69 | 0.40 | 0.43 | 0.46 | 0.86 | 1.43 | 1.95 | 1.59 | 12.14 | 7.73 |
| P/FCF | 22.44 | 18.20 | 13.88 | 67.20 | — | 33.00 | 11.69 | 29.53 | 13.21 | 34.21 | 19.14 |
| P/OCF | 14.59 | 11.83 | 9.02 | 20.80 | 50.10 | 20.74 | 10.04 | 21.05 | 11.68 | 27.07 | 16.91 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.68 | 0.68 | 0.79 | 0.84 | 1.15 | 1.64 | 1.69 | 2.41 | 2.48 | 2.83 |
| EV / EBITDA | — | — | 9.98 | — | 9.23 | 4.91 | 9.05 | 9.97 | 2.36 | 10.99 | 13.10 |
| EV / EBIT | — | — | — | — | 11.54 | 5.30 | 9.90 | 10.92 | 6.77 | 6.33 | 14.12 |
| EV / FCF | — | 40.90 | 40.81 | 160.09 | — | 54.77 | 20.99 | 52.10 | 27.69 | 48.28 | 25.04 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 33.5% | 33.5% | 28.3% | 24.5% | 34.2% | 37.9% | 40.7% | 38.1% | 37.2% | 38.4% | 39.6% |
| Operating Margin | -18.0% | -18.0% | 5.5% | -1.5% | 7.8% | 22.0% | 16.4% | 15.4% | 19.1% | 20.9% | 19.9% |
| Net Profit Margin | -21.2% | -21.2% | -21.2% | -3.5% | 3.7% | 15.9% | 9.6% | 12.3% | 13.5% | 2.6% | 9.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -41.7% | -41.7% | -31.1% | -4.5% | 4.7% | 23.3% | 16.5% | 27.8% | 31.4% | 12.6% | 27.3% |
| ROA | -13.8% | -13.8% | -12.4% | -2.0% | 1.9% | 8.2% | 4.7% | 9.3% | 9.2% | 1.6% | 5.3% |
| ROIC | -14.7% | -14.7% | 3.6% | -0.9% | 4.7% | 13.4% | 9.2% | 10.0% | 10.1% | 17.6% | 15.0% |
| ROCE | -15.2% | -15.2% | 4.0% | -1.0% | 4.9% | 13.5% | 9.8% | 15.4% | 18.2% | 15.3% | 12.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.12 | 1.12 | 0.94 | 0.70 | 0.73 | 0.84 | 1.33 | 1.54 | 1.82 | 5.14 | 2.54 |
| Debt / EBITDA | — | — | 7.92 | — | 6.29 | 2.89 | 4.67 | 4.46 | 1.29 | 3.30 | 3.29 |
| Net Debt / Equity | — | 0.86 | 0.78 | 0.59 | 0.61 | 0.57 | 1.14 | 1.49 | 1.74 | 4.99 | 2.38 |
| Net Debt / EBITDA | — | — | 6.59 | — | 5.24 | 1.95 | 4.01 | 4.32 | 1.23 | 3.20 | 3.08 |
| Debt / FCF | — | 22.70 | 26.94 | 92.90 | — | 21.77 | 9.31 | 22.57 | 14.48 | 14.07 | 5.89 |
| Interest Coverage | -6.18 | -6.18 | -6.18 | -0.36 | 2.52 | 6.39 | 4.01 | 4.31 | 2.69 | 2.63 | 6.38 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.26 | 1.26 | 1.30 | 1.32 | 1.23 | 1.76 | 1.66 | 1.32 | 0.81 | 1.58 | 1.64 |
| Quick Ratio | 1.12 | 1.12 | 1.15 | 1.17 | 1.11 | 1.60 | 1.45 | 1.00 | 0.57 | 1.12 | 1.25 |
| Cash Ratio | 0.31 | 0.31 | 0.28 | 0.25 | 0.26 | 0.66 | 0.36 | 0.07 | 0.04 | 0.07 | 0.16 |
| Asset Turnover | — | 0.67 | 0.63 | 0.55 | 0.52 | 0.49 | 0.48 | 0.55 | 0.66 | 0.66 | 0.54 |
| Inventory Turnover | 13.30 | 13.30 | 14.66 | 15.83 | 14.79 | 11.80 | 8.53 | 5.94 | 4.58 | 4.62 | 5.58 |
| Days Sales Outstanding | — | 82.65 | 86.46 | 87.58 | 89.72 | 89.18 | 101.29 | 92.43 | 181.04 | 98.55 | 91.87 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.4% | 0.3% | 2.0% | 3.9% | 5.8% | 3.1% | 2.6% | 2.3% | 3.6% | 1.2% | 1.0% |
| Payout Ratio | — | — | — | — | 57.2% | 13.6% | 24.8% | 18.0% | 30.6% | 82.9% | 22.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 9.5% | 22.8% | 10.5% | 12.8% | 11.8% | 1.5% | 4.4% |
| FCF Yield | 4.5% | 5.5% | 7.2% | 1.5% | — | 3.0% | 8.6% | 3.4% | 7.6% | 2.9% | 5.2% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% | 0.3% | 0.2% | 3.5% | 4.6% | 10.5% |
| Total Shareholder Yield | 0.4% | 0.3% | 2.0% | 3.9% | 6.0% | 3.1% | 2.9% | 2.5% | 7.1% | 5.9% | 11.5% |
| Shares Outstanding | — | $664M | $664M | $652M | $650M | $655M | $618M | $617M | $381M | $407M | $448M |
Streaming transition margin dilution
According to recent market data, PSKY trades at a P/S ratio of 0.36, which suggests that investors are heavily discounting the company's future earnings potential compared to diversified media peers, likely due to the ongoing uncertainty surrounding the Skydance integration and the structural decline of linear television.
The forward P/E of 15.29 implies that the market is pricing in a recovery, yet the negative TTM P/E highlights the current lack of bottom-line stability. This valuation gap suggests that the market is currently treating the company as a distressed asset rather than a content-rich media platform.
Based on reported financial statements, PSKY's ROIC has fluctuated significantly, reaching a low of -21.3% in 2025Q4 before recovering to 1.8% in 2026Q1, indicating that the company is struggling to generate consistent returns on its massive investments in content production and digital platform infrastructure.
The volatility in ROIC suggests that the company's capital allocation is currently dominated by non-recurring restructuring costs and content write-downs. Investors should monitor whether the Skydance merger can improve these returns by optimizing content spend and reducing the reliance on low-margin legacy assets.
As reported in quarterly filings, PSKY's cash conversion cycle has remained highly volatile, peaking at 362 days in 2023Q4 and settling at 97 days in 2026Q1, which reveals significant challenges in managing the timing of content production costs against the collection of advertising and affiliate revenues.
The wide swings in the CCC suggest that the company's working capital management is heavily influenced by the lumpy nature of theatrical releases and licensing deals. This inconsistency makes it difficult to forecast cash flow and suggests that the company lacks the operational leverage of more mature, stable media peers.
According to historical data, PSKY's debt-to-equity ratio has climbed to 1.25 as of 2026Q1, while interest coverage has remained inconsistent, suggesting that the company's ability to service its debt obligations is increasingly sensitive to the volatility of its operating income during this period of strategic transition.
The erratic interest coverage ratio, which dipped to -29.21 in 2025Q4, indicates that the company's debt burden may become a significant constraint if operating margins do not stabilize. The current leverage profile warrants close monitoring as the company attempts to integrate new capital and restructure its legacy debt.
Based on the provided financial data, the P/E ratio is the most commonly misapplied metric for PSKY, as it fails to account for the massive non-cash content amortization and impairment charges that currently distort the company's reported net income and mask its underlying cash-generating potential.
Analysts should instead focus on EV/EBITDA or free cash flow yield to better understand the company's operational performance. Relying on P/E in this context obscures the true economic reality of the business, as it treats accounting-driven losses as a permanent reflection of the company's competitive position.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying PSKY stock.
Paramount Skydance Corporation Class B Common Stock's current P/E ratio is -1.1x. The historical average is 18.7x.
Paramount Skydance Corporation Class B Common Stock's return on equity (ROE) is -41.7%. The historical average is 2.7%.
Based on historical data, Paramount Skydance Corporation Class B Common Stock is trading at a P/E of -1.1x. Compare with industry peers and growth rates for a complete picture.
Paramount Skydance Corporation Class B Common Stock's current dividend yield is 0.43%.
Paramount Skydance Corporation Class B Common Stock has 33.5% gross margin and -18.0% operating margin.