ECHO vs VSAT
EchoStar Corp. and Viasat Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ECHO | VSAT |
|---|---|---|
| Revenue | $15.0B | $4.6B |
| Net income | $-14.5B | $-34.1M |
| Gross margin | 37.1% | · |
| Net margin | −96.7% | 0.1% |
| Return on equity | −111.7% | −0.7% |
| Diluted EPS | −$50.41 | −$0.25 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $-1.1B | · |
| Equity | $5.8B | $4.7B |
| Net debt / equity | 2.91× | 1.01× |
| Current ratio | 0.42× | 2.41× |
| Revenue CAGR 5y | 51.4% | 19.3% |
| Profit CAGR 5y | · | · |
ECHO bills 3.2× the revenue of VSAT, and both 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 | VSAT |
|---|---|---|
| FY2025 | $15.0B | $4.6B |
| FY2024 | $15.8B | $4.5B |
| FY2023 | $17.0B | $4.3B |
| FY2022 | $18.6B | $2.6B |
| FY2021 | $19.8B | $2.4B |
| FY2020 | $1.9B | $1.9B |
| FY2019 | $1.9B | $2.3B |
| FY2018 | $1.8B | $2.1B |
| FY2017 | $1.5B | $1.6B |
| FY2016 | $1.8B | $1.6B |
Bottom line
| Fiscal year | ECHO | VSAT |
|---|---|---|
| FY2025 | $-14.5B | $-34.1M |
| FY2024 | $-119.5M | $-575.0M |
| FY2023 | $-1.7B | $-1.1B |
| FY2022 | $2.5B | $1.1B |
| FY2021 | $2.5B | $-15.5M |
| FY2020 | $-51.9M | $3.7M |
| FY2019 | $-74.3M | $13.8M |
| FY2018 | $-38.6M | $-66.5M |
| FY2017 | $392.6M | $-68.3M |
| FY2016 | $179.9M | $21.8M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,364,709,000 | ECHO |
| FY2024 | +$11,305,945,000 | ECHO |
| FY2023 | +$12,731,840,000 | ECHO |
| FY2022 | +$16,078,088,000 | ECHO |
| FY2021 | +$17,401,499,000 | ECHO |
| FY2020 | −$32,971,000 | VSAT |
| FY2019 | −$423,157,000 | VSAT |
| FY2018 | −$305,620,000 | VSAT |
| FY2017 | −$69,470,000 | VSAT |
| FY2016 | +$251,129,000 | ECHO |
| FY2015 | +$431,426,000 | ECHO |
| FY2014 | +$2,063,043,000 | ECHO |
| FY2013 | +$1,930,990,000 | ECHO |
| FY2012 | +$2,002,014,000 | ECHO |
| FY2011 | +$1,897,804,000 | ECHO |
| FY2010 | +$1,548,163,000 | ECHO |
| FY2009 | +$1,215,479,000 | ECHO |
| FY2008 | +$1,522,341,000 | ECHO |
The higher-revenue side has changed between ECHO and VSAT over this period. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −96.8 pp | VSAT |
| FY2024 | +11.0 pp | ECHO |
| FY2023 | +15.1 pp | ECHO |
| FY2022 | −29.1 pp | VSAT |
| FY2021 | +12.8 pp | ECHO |
| FY2020 | −3.6 pp | VSAT |
| FY2019 | −4.5 pp | VSAT |
| FY2018 | +1.0 pp | ECHO |
| FY2017 | +30.1 pp | ECHO |
| FY2016 | +8.6 pp | ECHO |
| FY2015 | +6.5 pp | ECHO |
| FY2014 | +1.4 pp | ECHO |
| FY2013 | +0.7 pp | ECHO |
| FY2012 | +10.4 pp | ECHO |
| FY2011 | −0.7 pp | VSAT |
| FY2010 | +4.2 pp | ECHO |
| FY2009 | +14.7 pp | ECHO |
| FY2008 | −50.7 pp | VSAT |
The higher net margin has changed hands between ECHO and VSAT over this period.
18 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 VSAT's over the 18 comparable fiscal years — 26.9 percentage points of standard deviation against 12.2.
18 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 VSAT over these 18 fiscal years — ECHO led in 12 and VSAT in 6.
18 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 VSAT's over the 6 comparable fiscal years — 43.5 percentage points of standard deviation against 11.4.
6 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 VSAT over these 6 fiscal years — ECHO led in 4 and VSAT in 2.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.