Paramount Skydance (PSKY)
Communication Services · $11.3B market cap · SEC CIK 0002041610
fundamentals score out of 100
Next reports on Nov 9, 2026, after the close, with analysts expecting $0.16 in earnings per share.
The case for PSKY
- Trades at 0.94× book value, below what the balance sheet says it owns.
- Pays a modest 2.1% dividend.
- Price/sales of 0.4× is lower than 94% 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 47.6% over the past year.
- Pays a dividend while losing money over the last twelve months.
- Swings harder than the market (beta 1.64).
- Near the bottom of its 52-week range, 52% below the high. Falling prices usually have a reason; find it first.
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. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 48 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 19 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 15 |
| Momentumhow the price has behaved lately | 24 |
| Stabilityhow violently it moves, what it owes and what it pays you | 30 |
- 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.
Key numbers
| Price / earnings | n/a |
|---|---|
| Price / book | 0.94× |
| Price / sales | 0.4× |
| Revenue growth (YoY) | +1.2% |
| EPS growth (YoY) | -56.3% |
| Gross margin | 33% |
| Operating margin | 4% |
| Net margin | -2% |
| Return on equity | -5% |
| Debt / equity | 1.29× |
| Current ratio | 1.04 |
| Dividend yield | 2.11% |
| Beta | 1.64 |
| 52-week range | $7.62 – $20.86 |
| Position in that range | 19% of the way up |
| 3-month return | -0.3% |
| 1-year return | -47.6% |
Five years of financials, as filed
Pulled from Paramount Skydance's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2024 | FY2023 | |
|---|---|---|
| Revenue | $29.2B | $29.7B |
| Operating income | -$5.3B | -$451M |
| Net income | -$6.2B | -$608M |
| Operating cash flow | $752M | $475M |
| Capital expenditure | $263M | $328M |
| Total assets | $46.2B | — |
| Shareholder equity | $16.3B | — |
| Cash | $2.7B | — |
| Free cash flow | $489M | $147M |
| Operating margin | -18.0% | -1.5% |
| Net margin | -21.2% | -2.1% |
| Diluted shares | 664M | 652M |
Share count is essentially flat over 1 year.
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
- International Free-to-Air Networks
- Preventing Harassment and Discrimination
- Employee Attraction, Retention and Training
- Failures to comply with or changes in U.S. or foreign laws or regulations could have an adverse effect on our business, financial condition or results of operations
- License Renewals, Assignments and Transfers
- Cable and Satellite Carriage of Television Broadcast Stations
- Global Data Protection Laws and Privacy Laws
- We are subject to complex, often inconsistent and potentially costly laws, regulations, industry standards and contractual obligations relating to privacy and data protection
- Challenges in protecting and maintaining our intellectual property rights could have an adverse effect on our business, financial condition or results of operations
- Risks Relating to Our Business and Industry
- 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 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