ECHO vs IRDM
EchoStar Corp. and Iridium Communications Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ECHO | IRDM |
|---|---|---|
| Revenue | $15.0B | $871.7M |
| Net income | $-14.5B | $114.4M |
| Gross margin | 37.1% | · |
| Net margin | −96.7% | 13.1% |
| Return on equity | −111.7% | 22.0% |
| Diluted EPS | −$50.41 | $1.06 |
| Dividend / share | · | · |
| Payout ratio | · | 55.0% |
| Free cash flow | $-1.1B | $299.8M |
| Equity | $5.8B | $462.6M |
| Net debt / equity | 2.91× | 3.60× |
| Current ratio | 0.42× | 2.48× |
| Revenue CAGR 5y | 51.4% | 8.4% |
| Profit CAGR 5y | · | · |
ECHO bills 17.2× the revenue of IRDM, and ECHO closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ECHO | IRDM |
|---|---|---|
| FY2025 | $15.0B | $871.7M |
| FY2024 | $15.8B | $830.7M |
| FY2023 | $17.0B | $790.7M |
| FY2022 | $18.6B | $721.0M |
| FY2021 | $19.8B | $614.5M |
| FY2020 | $1.9B | $583.4M |
| FY2019 | $1.9B | $560.4M |
| FY2018 | $1.8B | $523.0M |
| FY2017 | $1.5B | $448.0M |
| FY2016 | $1.8B | $433.6M |
Bottom line
| Fiscal year | ECHO | IRDM |
|---|---|---|
| FY2025 | $-14.5B | $114.4M |
| FY2024 | $-119.5M | $112.8M |
| FY2023 | $-1.7B | $15.4M |
| FY2022 | $2.5B | $8.7M |
| FY2021 | $2.5B | $-9.3M |
| FY2020 | $-51.9M | $-56.1M |
| FY2019 | $-74.3M | $-162.0M |
| FY2018 | $-38.6M | $-13.4M |
| FY2017 | $392.6M | $233.9M |
| FY2016 | $179.9M | $111.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$14,133,330,000 | ECHO |
| FY2024 | +$14,994,834,000 | ECHO |
| FY2023 | +$16,224,875,000 | ECHO |
| FY2022 | +$17,913,212,000 | ECHO |
| FY2021 | +$19,204,178,000 | ECHO |
| FY2020 | +$1,304,468,000 | ECHO |
| FY2019 | +$1,325,637,000 | ECHO |
| FY2018 | +$1,239,630,000 | ECHO |
| FY2017 | +$1,077,109,000 | ECHO |
| FY2016 | +$1,376,826,000 | ECHO |
| FY2015 | +$1,437,479,000 | ECHO |
| FY2014 | +$3,037,021,000 | ECHO |
| FY2013 | +$2,899,803,000 | ECHO |
| FY2012 | +$2,738,184,000 | ECHO |
| FY2011 | +$2,377,124,000 | ECHO |
| FY2010 | +$2,002,196,000 | ECHO |
| FY2009 | +$1,827,570,000 | ECHO |
ECHO has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −109.8 pp | IRDM |
| FY2024 | −14.4 pp | IRDM |
| FY2023 | −11.6 pp | IRDM |
| FY2022 | +12.4 pp | ECHO |
| FY2021 | +14.2 pp | ECHO |
| FY2020 | +6.9 pp | ECHO |
| FY2019 | +25.0 pp | ECHO |
| FY2018 | +0.4 pp | ECHO |
| FY2017 | −26.4 pp | IRDM |
| FY2016 | −15.6 pp | IRDM |
| FY2015 | +6.3 pp | ECHO |
| FY2014 | −14.1 pp | IRDM |
| FY2013 | −16.2 pp | IRDM |
| FY2012 | −10.1 pp | IRDM |
| FY2011 | −10.5 pp | IRDM |
| FY2010 | +3.0 pp | ECHO |
| FY2009 | +74.7 pp | ECHO |
The higher net margin has changed hands between ECHO and IRDM over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ECHO's net margin has been more volatile than IRDM's over the 17 comparable fiscal years — 25.6 percentage points of standard deviation against 22.3.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ECHO and IRDM over these 17 fiscal years — ECHO led in 8 and IRDM in 9.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ECHO's return on equity has been more volatile than IRDM's over the 13 comparable fiscal years — 31.2 percentage points of standard deviation against 9.1.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ECHO and IRDM over these 13 fiscal years — ECHO led in 4 and IRDM in 9.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.