Sirius XM Holdings Inc
NASDAQ:SIRI

Watchlist Manager
Sirius XM Holdings Inc Logo
Sirius XM Holdings Inc
NASDAQ:SIRI
Watchlist
Price: 20.85 USD 1.31%
Market Cap: 7.1B USD
Have any thoughts about
Sirius XM Holdings Inc?
Write Note

Gross Margin
Sirius XM Holdings Inc

52.7%
Current
54%
Average
44.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
52.7%
=
Gross Profit
5.8B
/
Revenue
11B

Gross Margin Across Competitors

Country US
Market Cap 7B USD
Gross Margin
53%
Country US
Market Cap 143.4B USD
Gross Margin
70%
Country US
Market Cap 100.3B USD
Gross Margin
46%
Country ZA
Market Cap 46.1B Zac
Gross Margin
47%
Country US
Market Cap 29B USD
Gross Margin
32%
Country CA
Market Cap 20.2B CAD
Gross Margin
46%
Country CN
Market Cap 92.3B CNY
Gross Margin
32%
Country BE
Market Cap 11.7B EUR
Gross Margin
48%
Country US
Market Cap 11B USD
Gross Margin
0%
Country DE
Market Cap 8.3B EUR
Gross Margin
53%
Country CA
Market Cap 7.3B CAD
Gross Margin
55%
No Stocks Found

Sirius XM Holdings Inc
Glance View

Market Cap
7.1B USD
Industry
Media
Economic Moat
None

In the bustling world of media and entertainment, Sirius XM Holdings Inc. stands out as a beacon of audio innovation. Born from the merger of Sirius Satellite Radio and XM Satellite Radio in 2008, the company has crafted a niche in the subscription-based satellite radio sector. By broadcasting exclusive content, such as Howard Stern and NFL games, to millions of listeners across North America, Sirius XM transformed in-car and on-the-go audio experiences. Leveraging satellite technology, the company ensures seamless, high-quality sound regardless of geographical location, distinguishing itself in an increasingly digital age. This strategic advantage underpins its substantial revenue stream, primarily driven by subscribers who are willing to pay for a premium listening experience free from traditional commercial interruptions. But the story doesn't end with just satellite transmission. Sirius XM has adeptly diversified its portfolio, venturing into internet streaming to tap into a broader audience that includes both tech-savvy millennials and traditional radio listeners. The acquisition of Pandora in 2019 further expanded its horizons, allowing the company to offer personalized music streaming alongside talk and sports radio. By integrating Pandora's advertising model, Sirius XM expanded its revenue channels beyond subscriptions to include targeted advertising, thereby enhancing its profitability. This dual approach of broadcasting and streaming has ensured that Sirius XM remains a dominant player in the dynamic landscape of modern audio entertainment, continually adapting to the evolving tastes and preferences of its diverse listener base.

SIRI Intrinsic Value
50.25 USD
Undervaluation 59%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
52.7%
=
Gross Profit
5.8B
/
Revenue
11B
What is the Gross Margin of Sirius XM Holdings Inc?

Based on Sirius XM Holdings Inc's most recent financial statements, the company has Gross Margin of 52.7%.