Paramount Skydance (PSKY)

Communication Services · $11.0B market cap · SEC CIK 0002041610

No earnings date is scheduled in the next few months.

52-week range $6.61 to $17.16. 49% below its 52-week high and 32% above its low.

The case for PSKY

• Trades at 0.94× book value, below what the balance sheet says it owns.
• Pays a modest 2.2% dividend.
• Price/sales of 0.4× is lower than 100% of Communication Services companies.

The case against

• Losing money over the last year: net margin −2.1%, return on equity −5%.
• Earnings per share down 56.3%.
• Down 45.9% over the past year.
• Long-term debt of $14.5B would take 19 years of operating cash flow to repay.
• Operating profit covers its interest bill only 1.0 times.
• Value is weak (26/100): no earnings to pay for, 0.4× sales, 4.5% free-cash yield.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Communication Services companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• It is losing money, so it has no P/E; that counts against value rather than being skipped.
• Each factor except momentum is half fixed thresholds, half rank among the 19 Communication Services companies.

The financials

The financials, five years deep

Pulled from Paramount Skydance's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Paramount Skydance says it does

References to “Paramount,” the “Company,” “we,” “us” and “our” refer to Paramount Skydance Corporation and its consolidated subsidiaries, unless the context otherwise requires. Overview We are a global media and entertainment company with a portfolio that includes Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV and Skydance Media, LLC’s (“Skydance”) animation, interactive/games and sports divisions. Warner Bros. Offer On December 8, 2025, we announced a cash tender offer for all of the outstanding shares of Series A Common Stock, par value $0.01 per share (the “Warner Bros. Shares”), of Warner Bros. Discovery, Inc., a Delaware corporation (“Warner Bros.”), at $30.00 per Warner Bros. Share (the “Offer”). The Offer is subject to several conditions and is scheduled to expire on March 2, 2026, unless further extended. On December 22, 2025, we amended…

Risk factors PSKY lists in its 10-K

• If our streaming business is unsuccessful, our business, financial condition or results of operations could be adversely affected
• Our advertising revenues have been and may continue to be adversely impacted by several factors, including changes in consumer behavior and advertising market conditions
• We are subject to complex, often inconsistent and potentially costly laws, regulations, industry standards and contractual obligations relating to privacy and data protection
• We operate in highly competitive and dynamic industries and our business, financial condition or results of operations could be adversely affected if we do not compete effectively
• Decisions to invest in new businesses, products, services and technologies, and the evolution of our business strategy, could adversely affect our business, financial condition or results of operations
• The loss of affiliation and distribution agreements, renewals on less favorable terms or adverse interpretations thereof could have an adverse effect on our business, financial condition or results of operations
• Losses due to asset impairment charges for goodwill, content and long-lived assets, including finite-lived intangible assets, could have an adverse effect on our business, financial condition or results of operations
• Our liabilities related to discontinued operations and former businesses could adversely affect our business, financial condition or results of operations
• Increasing scrutiny of, and evolving expectations for, sustainability initiatives could increase costs, harm our reputation or otherwise adversely impact our business, financial condition or results of operations
• Challenges in protecting and maintaining our intellectual property rights could have an adverse effect on our business, financial condition or results of operations
• Economic and political conditions in the U.S. and around the world could have an adverse effect on our business, financial condition or results of operations
• Failures to comply with or changes in U
• or foreign laws or regulations could have an adverse effect on our business, financial condition or results of operations
• Changes and uncertainties with respect to taxes in the jurisdictions in which we operate may have an adverse effect on our business, financial condition or results of operations
• The inability to hire or retain key employees or secure creative talent could adversely affect our business, financial condition or results of operations
• Labor disputes could disrupt our operations and adversely affect our business, financial condition or results of operations
• We have experienced, and may continue to experience, volatility in the price of our Class B Common Stock
• Our dual class capital structure and the concentrated control by the entities controlled by the Ellison Family may adversely affect our stock price or business
• Holders of our Class B Common Stock have no voting rights and, as a result, do not have any ability to influence stockholder decisions
• Anti-takeover provisions contained in our Charter and Bylaws, as well as provisions of Delaware law, could impair a takeover attempt
• We are a holding company, and our principal assets are equity interests in our subsidiaries and, accordingly, we are dependent upon distributions from our subsidiaries to pay taxes and other expenses

Filings

Other Communication Services companies