Starz Entertainment Corp key statistics and ratios
In fiscal 2025, Starz Entertainment Corp had return on equity of -25.1%, an operating margin of -12.4%, debt equal to 121.6% of equity and a current ratio of 0.27. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2009Mar 2009 | 2010Mar 2010 | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | −9.6% | 3.3% | 4.0% | 2.1% | 10.1% | 9.9% | 9.3% | −1.1% | −0.5% | 6.0% | 3.5% | 0.1% | 5.2% | 0.2% | −94.8% | −64.9% | −12.4% | −28.1% |
| Net margin | −12.2% | −2.0% | −1.9% | −2.5% | 8.6% | 5.8% | 7.6% | 2.1% | 0.5% | 11.5% | −7.7% | −4.8% | −0.6% | −5.2% | −131.5% | −65.7% | −15.4% | −36.7% |
| Free-cash-flow margin | −7.5% | −9.3% | 2.5% | −13.6% | 10.1% | 9.3% | 3.3% | −1.6% | 16.7% | 8.2% | 10.4% | 15.0% | −1.1% | −19.3% | −33.2% | −10.9% | −4.6% | 1.8% |
| Return on equity | — | −73.3% | −33.6% | −34.2% | 104.0% | 32.3% | 25.5% | 5.9% | 0.9% | 16.7% | −9.4% | −6.8% | −0.7% | −6.7% | −86.4% | −74.7% | −25.1% | −89.3% |
| Return on assets | — | −2.0% | −2.0% | −1.8% | 8.4% | 5.4% | 5.9% | 1.4% | 0.2% | 5.2% | −3.2% | −2.3% | −0.2% | −2.2% | −22.8% | −19.1% | −9.8% | −24.5% |
| Asset turnover | — | 0.98 | 1.02 | 0.73 | 0.98 | 0.94 | 0.78 | 0.66 | 0.49 | 0.45 | 0.42 | 0.48 | 0.40 | 0.42 | 0.17 | 0.29 | 0.64 | 0.67 |
| Current ratio | — | — | — | — | — | — | — | 0.50 | 1.00 | 0.77 | 0.84 | 0.87 | 0.70 | 0.44 | 0.44 | 0.31 | 0.27 | 0.33 |
| Debt to equity | 0.0% | 535.9% | 293.2% | >999% | 248.0% | 118.0% | 85.2% | 104.4% | 128.3% | 78.5% | 101.9% | 104.8% | 95.8% | 88.7% | 134.5% | 269.8% | 121.6% | 252.0% |
| Interest cover (operating income ÷ interest) | n/m | 1.1x | 1.1x | 0.4x | 2.9x | 3.9x | 4.2x | n/m | n/m | 1.3x | 0.7x | 0.0x | 0.9x | 0.1x | n/m | n/m | n/m | n/m |
| Effective tax rate | — | — | — | — | −48.4% | 17.8% | 14.8% | — | — | — | — | — | — | — | — | — | — | — |
| Capital spending as % of revenue | 0.6% | 0.2% | 0.2% | 0.1% | 0.1% | 0.3% | 0.7% | 0.8% | 0.8% | 1.1% | 1.2% | 0.8% | 1.1% | 0.9% | 2.4% | 1.5% | 1.3% | 1.6% |
| Free cash flow ÷ net income | — | — | — | — | 117.8% | 160.3% | 43.7% | −74.6% | >999% | 71.9% | — | — | — | — | — | — | — | — |
| Dividends ÷ net income | — | — | — | — | 0.0% | 4.5% | 18.4% | 94.6% | 181.1% | 0.0% | — | — | — | — | — | — | — | — |
| Dividends and buybacks ÷ free cash flow | — | — | 0.0% | — | 0.0% | 2.8% | 224.2% | — | 5.0% | 0.0% | 15.0% | 0.4% | — | — | — | — | — | — |
| Quarter | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 | 2027 Q2Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 3.7% | −43.0% | −8.4% | −10.8% | −1.5% | −49.8% | −57.0% | −6.6% |
| Net margin | −2.3% | −46.3% | −13.3% | −16.4% | −22.7% | −53.7% | −61.5% | −10.8% |
| Free-cash-flow margin | −36.0% | −20.4% | 18.3% | −9.8% | −8.0% | 22.4% | −10.8% | 4.1% |
| Current ratio | 0.32 | 0.27 | 0.18 | 0.19 | 0.25 | 0.31 | 0.25 | 0.33 |
| Debt to equity | 281.0% | 91.3% | 85.9% | 92.4% | 94.9% | 128.3% | 207.9% | 252.0% |
Moat
Weak moat
How hard Starz Entertainment's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 0 / 20
Net income has been a median -1.2% of total assets over 10 years.
- Durability 10 / 20
Operating margin has been a median -3.4%; its worst year was -51.8%.
- Cash conversion 7 / 20
Free cash flow was positive in 6 of 10 years, at a median 0.9% of revenue.
- Discipline 13 / 20
The diluted share count rose 10.4% over five years; stock-based pay has been a median 1.8% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (37 before it).
Compare with peers
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