Viasat, Inc. logo VSAT - Viasat, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 8
SELL 4
STRONG
SELL
0
| PRICE TARGET: $68.25 DETAILS
HIGH: $100.00
LOW: $48.00
MEDIAN: $62.50
CONSENSUS: $68.25
DOWNSIDE: 8.46%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue
Revenue 4,519.6 4,283.8 2,556.2 2,417.2 1,920.9 2,309.2 2,068.3 1,594.6 1,559.3 1,417.4 1,382.5 1,351.5 1,119.7 863.6 802.2 688.1 628.2 574.6 516.6 433.8 345.9 278.6 185.0 195.6 164.4 75.9 71.5 64.2 47.7 29
Cost of Revenue 3,029.6 2,902.1 1,834.8 1,711.3 1,355.7 1,609.7 1,537.7 1,120.8 1,049.0 984.3 963.9 991.3 848.2 636.0 550.6 475.4 446.8 413.5 380.1 325.3 262.3 206.3 141.2 136.6 103.8 42.3 41.3 38.7 31.7 20
Gross Profit 1,489.9 1,381.7 721.4 705.9 565.2 699.6 530.5 473.8 510.4 433.1 418.6 360.2 271.5 227.6 251.6 212.7 181.4 161.1 136.5 108.6 83.7 72.3 43.8 59.1 60.5 33.6 30.2 25.5 16 9
Operating Expenses
R&D Expenses 142.4 150.7 183.3 206.0 164.7 183.4 123.0 168.3 129.6 77.2 46.7 60.7 35.4 25.0 28.7 27.3 29.6 32.3 21.6 15.8 8.1 10.0 16.0 9.4 6.2 7.6 7.6 7.6 5.1 0
SG&A Expenses 1,011.7 1,893.7 659.1 607.3 497.2 523.1 458.5 385.4 333.5 298.3 270.8 281.5 240.9 181.7 164.3 132.9 98.6 76.4 69.9 57.1 48.6 38.8 37.9 38.2 26.5 11.3 10.1 7.9 4.8 6.2
Other Expenses 433.3 227.2 34.9 5.7 (50.7) (45.4) 9.7 12.2 10.8 16.4 18.0 14.6 15.6 18.7 19.4 9.5 8.8 9.6 9.5 6.8 6.6 7.8 8.4 7.0 3.8 3.3 2.9 2.2 1.4 1
Operating Expenses 1,587.4 2,271.5 877.4 819.0 611.1 661.1 591.2 566.0 473.9 392.0 335.5 356.9 291.9 225.5 212.4 169.7 137.1 118.2 101.0 79.6 63.4 56.6 62.4 54.5 36.4 22.2 20.6 17.7 11.3 7.2
Operating Income
Operating Income (97.5) (889.8) (156.0) (113.1) (46.0) 38.4 (60.6) (92.2) 36.5 41.1 83.1 3.3 (20.4) 2.2 39.3 43.0 44.3 42.9 35.4 28.9 20.3 15.7 (18.5) 2.0 12.7 11.5 9.6 7.8 4.7 1.8
Interest Expense 421.9 400.4 26.8 29.4 32.7 38.6 50.0 4.0 12.1 25.7 31.4 37.9 44.0 8.3 3.2 7.4 0.5 0.6 0 0 0 0.6 0 0 0 0 0 0 0 0
Interest Income 83.9 96.3 19.5 0.5 0.4 1.6 0.1 1.0 1.0 2.2 2.0 0.0 0.2 0.1 0.3 0.6 1.5 5.7 0 0 0 0.0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,237.5 364.0 397.1 403.7 294.9 327.6 258.1 154.2 283.4 57.6 306.6 17.9 110.5 101.9 141.8 90.6 74.4 76.7 62.3 50.8 40.4 15.7 (1.0) 18.7 36.9 14.8 12.5 10 6.1 2.8
EBIT (123.3) (793.5) (96.5) (79.6) (46.0) 38.4 (60.5) (101.4) 36.5 41.1 85.2 3.3 (46.7) 2.3 39.6 43.6 45.8 48.6 35.4 28.9 20.3 15.7 (20.2) 4.5 24.1 11.5 9.6 7.8 4.7 1.8
Income Before Tax (532.1) (1,187.0) (162.2) (138.2) (77.6) 21.7 (110.5) (105.5) 25.4 17.6 53.7 (34.6) (90.7) (6.1) 36.4 36.3 45.2 48.1 37.2 28.7 20.6 15.1 (21.1) (0.8) 13.7 12.4 10.2 8.4 4.9 1.5
Income Tax Expense (0.9) (139.5) 49.4 (36.5) (11.2) 7.9 (41.0) (35.2) 3.6 (4.2) 13.8 (25.9) (50.1) (13.7) (0.0) 5.4 6.8 13.5 6.8 5.1 1.2 1.9 (11.4) (3.0) 3.4 4.5 3.9 3.1 1.7 (0.1)
Net Income (575.0) (1,068.9) 1,084.8 (15.5) 3.7 (0.2) (67.6) (67.3) 23.8 21.7 40.4 (9.4) (41.2) 7.5 36.1 31.1 38.3 33.5 30.2 23.5 19.3 13.2 (9.6) 2.2 10.3 7.9 6.3 5.3 3.2 1.6
Per Share Data
EPS (Basic) -4.42 -8.49 -7.60 -0.21 0.06 0.15 -1.13 -1.15 0.41 0.44 0.85 -0.21 -0.94 0.17 0.87 0.86 1.25 1.11 1.06 0.87 0.72 0.50 -0.37 0.09 0.48 0.49 0.40 0.34 0.24 0.25
EPS (Diluted) -4.48 -9.12 -7.60 -0.21 0.06 0.15 -1.12 -1.14 0.41 0.44 0.84 -0.20 -0.92 0.17 0.84 0.86 1.20 1.04 0.98 0.81 0.68 0.48 -0.37 0.09 0.46 0.46 0.39 0.33 0.24 0.14
Shares Outstanding 130.2 125.8 75.9 73.4 66.4 61.6 59.9 58.4 57.6 48.9 47.7 45.0 43.8 44.2 41.7 31.9 30.8 30.2 28.6 27.0 26.7 26.3 26.0 23.1 21.4 16.2 16.0 15.6 13.4 6.4
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Current Assets
Cash & Cash Equivalents 1,612.1 1,901.0 1,348.9 310.5 295.9 304.3 261.7 71.4 130.1 42.1 89.6 63.5 14.6 18.5 4.1 6.5 17.7 19.5 6 3.3 12.7 2.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0.2 0.2 0.2 0 0.1 0 0 0 0
Net Receivables 709.6 939.7 419.9 312.2 238.7 330.7 300.3 267.7 263.7 286.7 185.4 164.1 141.3 110.8 81.0 80.2 64.1 26.3 16.2 19.1 10.3 6.2
Inventory 293.9 317.9 268.6 197.9 336.7 294.4 234.5 196.3 163.2 145.2 83.0 65.6 36.6 30.4 29.8 30.1 22.9 3.1 2.5 4.7 4.5 1.2
Other Current Assets 95.6 134.4 91.5 236.5 25.6 31.4 18.3 8.6 6.0 5.8 23.9 32.1 7.0 5.5 4.2 3.0 15.2 4.0 17.6 7.9 2.7 0.6
Total Current Assets 2,887.9 3,478.9 2,244.5 1,159.5 991.2 1,045.7 887.2 612.6 614.9 523.3 395.1 338.8 209.8 174.5 125.2 127.2 120.0 53.0 42.3 35 30.2 10.3
Non-Current Assets
Property, Plant & Equipment 7,822.2 7,950.3 4,660.0 4,048.3 3,390.9 2,895.2 2,125.3 1,962.5 1,648.9 1,385.1 651.5 170.2 33.3 32.1 33.6 31.1 19.9 8.2 6.6 7 5.1 2.8
Goodwill 1,622.1 1,621.8 158.5 168.7 122.3 121.2 121.7 121.1 119.9 117.0 75.0 65.4 19.5 0 0 0 0 0 0 0 0 0
Intangible Assets 2,654.5 2,897.6 497.3 515.4 299.6 296.3 22.3 31.9 41.7 33.6 89.4 21.5 21.0 47.1 55.0 63.4 25.7 0 0 0 0 0
Long-Term Investments 0 353.1 0 0.8 176.9 160.2 160.7 163.8 141.9 (134.7) (44.9) 0 (7.0) (5.5) (4.2) (2,974) 0 0 0 0 0 0
Other Non-Current Assets 301.6 (135.9) 146.2 191.9 95.2 88.9 339.3 300.0 252.7 346.8 82.5 13.2 18.3 19.0 23.3 16.9 3.8 0.8 1.1 0.8 0.4 0.2
Total Non-Current Assets 12,560.8 12,850.5 5,485.8 5,229.9 4,358.2 3,838.2 3,028.1 2,801.6 2,339.8 1,882.5 898.4 284.1 92.0 98.2 111.9 111.4 49.4 8.9 7.7 7.8 5.5 3
Total Assets 15,448.8 16,329.4 7,730.3 6,389.3 5,349.5 4,883.9 3,915.3 3,414.1 2,954.7 2,405.8 1,293.6 622.9 301.8 272.7 237.2 238.7 169.4 61.9 50 42.8 35.7 13.3
Current Liabilities
Account Payables 264.3 287.2 271.5 200.7 145.1 183.6 157.3 157.5 100.3 95.6 78.4 63.4 38.5 32.6 22.0 16.1 20.3 8.9 3.8 4.6 4.8 2.8
Short-Term Debt 503.8 58.1 37.9 34.9 30.5 29.8 19.9 45.3 0.3 0.3 0 0 0 0 9.9 9.9 0.3 0.9 1.2 1.1 1.1 0.8
Deferred Revenue 294.0 260.3 132.2 131.6 216.6 123.0 125.5 121.4 76.7 64.6 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 497.0 392.4 170.5 211.6 153.4 127.8 126.3 96.1 106.6 72.5 85.0 44.3 21.1 0 0 0 0 5.0 6 5 3.8 2.1
Total Current Liabilities 1,676.7 1,295.9 956.7 770.4 708.4 604.6 485.5 466.5 325.5 280.0 180.6 135.4 70.9 66.7 51.0 43.8 35.6 14.8 11 10.7 9.7 5.7
Non-Current Liabilities
Long-Term Debt 6,532.3 7,129.2 2,421.5 2,451.2 1,802.7 1,821.7 1,392.9 978.4 848.5 945.5 331.8 0 0 0 0 0 0 0.3 1.2 1.5 1.4 1.7
Deferred Tax Liabilities 1,069.7 1,228.3 86.0 16.9 0 0 (1,161.4) 0.9 1.9 0.0 (10.7) 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 324.7 327.4 47.8 63.1 52.7 40.1 49.6 42.5 36.2 31.9 13.7 18.5 3.9 2.9 1.8 2.5 0.6 0.8 1 1 1 0.7
Total Non-Current Liabilities 9,127.6 9,961.0 2,913.0 2,936.3 2,253.8 2,229.1 1,513.7 1,099.6 891.2 991.4 356.2 24.7 3.9 2.9 1.8 2.5 0.6 1.1 2.2 2.5 2.4 2.4
Total Liabilities 10,804.2 11,256.9 3,869.8 3,706.8 2,962.2 2,833.7 1,999.2 1,566.1 1,216.7 1,271.4 536.8 160.2 74.8 69.6 52.8 46.3 36.2 15.9 13.2 13.2 12.1 8.1
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0
Retained Earnings (325.5) 249.4 1,318.3 233.5 249.1 245.4 245.6 286.0 297.5 273.7 218.6 187.5 62.3 43.0 29.9 39.5 37.3 27.1 19.2 12.9 7.6 4.4
Accumulated Other Comprehensive Income (46.9) (21.3) (34.7) (21.6) 9.8 (6.0) 5.3 15.6 (2.5) 0.0 0.5 (0.1) 0.2 0.1 (0.3) (0.3) (0.7) (10.0) (7.1) (5.7) (3.5) (2.1)
Total Stockholders' Equity 4,553.8 5,025.4 3,824.3 2,633.9 2,351.5 2,027.8 1,907.7 1,837.2 1,734.6 1,129.1 753.0 458.7 226.3 202.5 183.9 191.9 132.8 46.0 36.8 29.6 23.6 5.2
Total Liabilities & Equity 15,448.8 16,329.4 7,730.3 6,389.3 5,349.5 4,883.9 3,915.3 3,414.1 2,954.7 2,405.8 1,293.6 622.9 301.8 272.7 237.2 238.7 169.4 61.9 50 42.8 35.7 13.3
Debt Metrics
Total Debt 7,515.6 7,638.5 2,783.1 2,852.3 2,195.8 2,180.1 1,412.8 1,023.7 848.5 954.1 331.8 0 0 0 9.9 9.9 0.3 1.2 2.4 2.6 2.5 2.5
Net Debt 5,903.4 5,737.5 1,434.2 2,541.8 1,899.9 1,875.8 1,151.1 952.3 718.4 912.0 242.2 (63.5) (14.6) (18.5) 5.8 3.4 (17.4) (18.3) (3.6) (0.7) (10.2) 0.2
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Operating Activities
Net Income (531.1) (1,057.9) 1,090.7 (2.5) 17.1 13.8 (66.5) (68.3) 21.8 21.8 23.5 19.3 13.2 (9.6) 2.2 10.3 7.9 6.3 5.3 3.2 1.6
Depreciation & Amortization 1,360.8 1,157.5 500.4 495.4 397.1 342.2 318.6 255.7 245.9 242.1 21.9 20.1 20.7 19.3 14.2 9.1 3.3 2.9 2.2 1.4 1
Stock-Based Compensation 80.4 83.6 84.5 86.8 84.9 86.6 79.6 68.5 55.8 47.5 1.6 0.0 0.0 0 15 134 0 0 0 0 0
Change in Working Capital (147.6) (359.3) (31.6) (109.2) 180.9 (48.1) (20.8) 89.2 42.6 (52.3) 9.8 (33.6) (6.0) 9.1 (35.7) (33.4) (8.4) 5.2 (6.7) (5) (1.8)
Other Non-Cash Items 252.7 975.4 (1,656.8) 46.8 7.8 42.5 60.4 50.1 45.4 42.9 0.8 1.1 0.8 2.3 (4.4) (130.7) 0 0.1 (0.1) (0.1) 0.1
Operating Cash Flow 908.2 688.2 367.9 505.6 727.2 436.9 327.6 358.6 411.3 296.9 52.2 3.6 28.6 15.4 (10.4) (11.0) 3.6 13.4 (0.1) (1.2) 0.5
Investing Activities
Capital Expenditure (1,030.2) (1,539.4) (1,164.3) (990.3) (885.3) (761.1) (686.8) (584.5) (585.7) (450.6) (23.7) (11.3) (8.5) (12.2) (15.6) (7.5) (4.8) (2.5) (4.1) (3.7) (1.9)
Acquisitions 20.3 (342.6) 1,932.4 (139.5) 0 0 (2.3) 8.5 (156.9) (4.4) (16.0) 0 0 0 (20.8) (57.9) 0 0 0 0 0
Purchases of Investments 0 (82) 0 0 0 0 0 0 (140.4) (1.3) (0.0) (0.0) (0.0) (0.0) (0.2) 121 0 (8.9) (5.9) 0 0
Sales/Maturities of Investments 0 164.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 14.7 0 0 0 0
Other Investing Activities 251.5 508.6 0 0 0 (64.8) 199.7 (72.9) 27.6 (1.3) 0 0 0 (7.0) (2.8) (121) 0 0 0 0 0
Investing Cash Flow (758.4) (1,291.2) 768.0 (1,129.8) (885.3) (758.8) (489.4) (584.5) (715.0) (456.3) (39.7) (11.3) (8.5) (19.3) (39.3) (65.3) 9.8 (11.4) (10) (3.7) (1.9)
Financing Activities
Net Debt Issuance (415.7) 1,169.5 (36.5) 655.6 (20.6) 360.3 377.2 177.5 (102.5) 145.8 0 0 (9.9) 0.1 9.6 (0.9) (1.2) (0.1) 0 0.1 0.8
Stock Repurchased (5.5) (11.7) (46.5) (23.0) (13.7) (28.8) (28.8) (24.2) (21.7) (16.4) 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (21.4) (33.4) 16.8 11 9.2 33.7 6.3 12.5 13.9 19.7 0 0 0 0 0 0 0.1 (0.1) 0 0 0
Financing Cash Flow (442.6) 1,124.4 (66.1) 643.6 149.7 365.2 354.6 165.8 392.8 149.1 9.9 3.7 (5.9) 1.6 38.5 74.4 0.0 0.7 0.7 15.3 1
Cash Position
Net Change in Cash (288.9) 521.6 1,068.9 14.5 (8.4) 42.6 190.3 (58.7) 88.0 (10.2) 22.1 (3.9) 14.4 (2.4) (11.3) (1.8) 13.5 2.7 (9.4) 10.4 (0.4)
Cash at Beginning 1,901.0 1,379.4 310.5 295.9 304.3 261.7 71.4 130.1 42.1 52.3 14.6 18.5 4.1 6.5 17.7 19.5 6.0 3.3 12.7 2.3 2.7
Cash at End 1,612.1 1,901.0 1,379.4 310.5 295.9 304.3 261.7 71.4 130.1 42.1 36.7 14.6 18.5 4.1 6.5 17.7 19.5 6 3.3 12.7 2.3
Free Cash Flow (122.0) (851.2) (796.5) (484.7) (158.1) (324.1) (359.3) (225.9) (174.4) (153.7) 28.4 (7.7) 20.1 3.1 (26.0) (18.4) (1.2) 10.9 (4.2) (4.9) (1.4)
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Income Statement
Revenue 4,519.6 4,283.8 2,556.2 2,417.2 1,920.9 2,309.2 2,068.3 1,594.6 1,559.3 1,417.4 1,382.5 1,351.5 1,119.7 863.6 802.2 688.1 628.2 574.6 516.6 433.8 345.9 278.6 185.0 195.6 164.4 75.9 71.5 64.2 47.7 29
Gross Profit 1,489.9 1,381.7 721.4 705.9 565.2 699.6 530.5 473.8 510.4 433.1 418.6 360.2 271.5 227.6 251.6 212.7 181.4 161.1 136.5 108.6 83.7 72.3 43.8 59.1 60.5 33.6 30.2 25.5 16 9
Operating Income (97.5) (889.8) (156.0) (113.1) (46.0) 38.4 (60.6) (92.2) 36.5 41.1 83.1 3.3 (20.4) 2.2 39.3 43.0 44.3 42.9 35.4 28.9 20.3 15.7 (18.5) 2.0 12.7 11.5 9.6 7.8 4.7 1.8
Net Income (575.0) (1,068.9) 1,084.8 (15.5) 3.7 (0.2) (67.6) (67.3) 23.8 21.7 40.4 (9.4) (41.2) 7.5 36.1 31.1 38.3 33.5 30.2 23.5 19.3 13.2 (9.6) 2.2 10.3 7.9 6.3 5.3 3.2 1.6
EPS (Diluted) -4.48 -9.12 -7.60 -0.21 0.06 0.15 -1.12 -1.14 0.41 0.44 0.84 -0.20 -0.92 0.17 0.84 0.86 1.20 1.04 0.98 0.81 0.68 0.48 -0.37 0.09 0.46 0.46 0.39 0.33 0.24 0.14
Balance Sheet
Cash & Equivalents 1,612.1 1,901.0 1,348.9 310.5 295.9 304.3 261.7 71.4 130.1 42.1 89.6 63.5 14.6 18.5 4.1 6.5 17.7 19.5 6 3.3 12.7 2.3
Total Assets 15,448.8 16,329.4 7,730.3 6,389.3 5,349.5 4,883.9 3,915.3 3,414.1 2,954.7 2,405.8 1,293.6 622.9 301.8 272.7 237.2 238.7 169.4 61.9 50 42.8 35.7 13.3
Total Debt 7,515.6 7,638.5 2,783.1 2,852.3 2,195.8 2,180.1 1,412.8 1,023.7 848.5 954.1 331.8 0 0 0 9.9 9.9 0.3 1.2 2.4 2.6 2.5 2.5
Stockholders' Equity 4,553.8 5,025.4 3,824.3 2,633.9 2,351.5 2,027.8 1,907.7 1,837.2 1,734.6 1,129.1 753.0 458.7 226.3 202.5 183.9 191.9 132.8 46.0 36.8 29.6 23.6 5.2
Cash Flow
Operating Cash Flow 908.2 688.2 367.9 505.6 727.2 436.9 327.6 358.6 411.3 296.9 52.2 3.6 28.6 15.4 (10.4) (11.0) 3.6 13.4 (0.1) (1.2) 0.5
Capital Expenditure (1,030.2) (1,539.4) (1,164.3) (990.3) (885.3) (761.1) (686.8) (584.5) (585.7) (450.6) (23.7) (11.3) (8.5) (12.2) (15.6) (7.5) (4.8) (2.5) (4.1) (3.7) (1.9)
Free Cash Flow (122.0) (851.2) (796.5) (484.7) (158.1) (324.1) (359.3) (225.9) (174.4) (153.7) 28.4 (7.7) 20.1 3.1 (26.0) (18.4) (1.2) 10.9 (4.2) (4.9) (1.4)