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Iridium Communications Inc. IRDM

Nasdaq · stock · Communications Services, NEC · website · IPO 2008-02-15 · LEI

Iridium Communications Inc. statistics & valuation

P / E40.2×
P / S5.3×
P / B9.9×
P / FCF15.3×
Net margin13.1%
FCF margin34.4%
Net debt$1.7B
Net debt / EBITDA3.7×
Enterprise value USD$6.3B
EV / EBITDA14×
Earnings yield EBIT/EV3.8%
Return on capital9.8%
Graham number -79.6%$10.11

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($10.11); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
25.60% 52.20% -2.60% -28.90% -9.60% -1.50% 1.20% 1.90% 13.60% 13.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
40.70% 25.80% 8.00% 1.80% 6.10% 7.50% 10.60% 10.30% 24.10% 27.10% 2016201720182019202020212022202320242025
Return on equity (%)
8.30% 14.60% -0.80% -11.10% -3.90% -0.70% 0.80% 1.70% 19.60% 24.70% 2016201720182019202020212022202320242025
Shares outstanding
124.9M 128.1M 112.2M 131.7M 134.1M 133.5M 130.1M 127.2M 119.8M 107.8M 2016201720182019202020212022202320242025
Net debt ($)
$1.43B $1.33B $1.56B $1.54B $1.38B $1.28B $1.30B $1.40B $1.66B $1.66B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
3.20% 6.20% -0.30% -4.50% -1.70% -0.30% 0.30% 0.60% 4.20% 4.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-41.60% -31.40% -24.40% 14.30% 36.20% 42.40% 37.90% 30.50% 36.80% 34.40% 2016201720182019202020212022202320242025
Debt / equity (×)
1.34× 1.01× 1.14× 1.21× 1.14× 1.24× 1.30× 1.65× 3.05× 3.80× 2016201720182019202020212022202320242025
EPS ($)
$0.89 $1.82 -$0.22 -$1.33 $0.07 $0.12 $0.94 $1.06 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Iridium Communications Inc. trades at about 46.8× earnings — above its 10-year norm (10-year range 7×–854.9×, median 14.3×).

854.9×

Shaded band = 10-year range (7×–854.9×); dot = today's 46.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin27.1%24.1%10.3%10.6%7.5%6.1%1.8%8.0%25.8%40.7%
Net margin13.1%13.6%1.9%1.2%-1.5%-9.6%-28.9%-2.6%52.2%25.6%
FCF margin34.4%36.8%30.5%37.9%42.4%36.2%14.3%-24.4%-31.4%-41.6%
Return on assets4.5%4.2%0.6%0.3%-0.3%-1.7%-4.5%-0.3%6.2%3.2%
Return on equity24.7%19.6%1.7%0.8%-0.7%-3.9%-11.1%-0.8%14.6%8.3%
Debt / equity3.80×3.05×1.65×1.30×1.24×1.14×1.21×1.14×1.01×1.34×
Current ratio2.481.732.062.163.903.083.011.491.926.21

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.