Sirius XM Holdings Inc.

SIRINASDAQCommunication Services● Active

$27.01

$-0.78(-2.81%)

Market Cap$9.1B

P/E Ratio—

52W High$30.11

52W Low$19.77

Avg Volume4.7M

Open$27.53

Beta0.96

Overview

Sirius XM Holdings Inc. (SIRI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SIRI · free cash flow · updated Jun 8, 2026

Core FCF metrics

SIRI · FCF · TTM · margin & CAGR

Free cash flow was $1.25B for FY2025 (fiscal year ending 2025-12-31), up 22.9% year-over-year The FCF margin was 14.6%. Five-year CAGR stands at -5.7%.

FY2025 Free Cash Flow$1.25B▲ +22.9% YoY

Trailing 12M (TTM)$1.36Btrailing 4 quarters sum

FCF Margin14.6%$1.25B ÷ revenue

3-Year CAGR-7.0%FY2022 → FY2025

5-Year CAGR-5.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SIRI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.90B(653M)$1.25B▲ +22.9%14.6%

FY2024$1.74B(728M)$1.01B▼ 14.1%11.7%

FY2023$1.83B(650M)$1.18B▼ 23.9%13.2%

FY2022$1.98B(426M)$1.55B▼ 3.7%17.2%

FY2021$2.00B(388M)$1.61B▼ 3.5%18.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SIRI · P/FCF · FCF yield · FCF per share

Sirius XM Holdings Inc. (SIRI) trades at a FCF yield of 14.94% and a price-to-free-cash-flow ratio of 6.7x. FCF per share stands at $4.02, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

14.94%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.02

TTM FCF ÷ Shares Outstanding

Price / FCF

x6.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x13.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SIRI · cash flow statement · operating / investing / financing

For FY2025, Sirius XM Holdings Inc. generated $1.90B in operating cash flow and spent 653M in capital expenditures, yielding $1.25B in free cash flow.

Operating Activities

+$1.90B

Cash from core business operations

2025-12-31

Investing Activities

−$747.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.22B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.90B) − |CapEx| (653M) = FCF ($1.25B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

SIRI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Sirius XM Holdings Inc.YOU

SIRI

$1.25B+22.9%14.5%

About Free Cash Flow & Methodology

Sirius XM Holdings Inc. (SIRI) reported free cash flow of $1.25B for FY2025 (fiscal year ending 2025-12-31), up 22.9% year-over-year. The FCF margin was 14.6%.

Based on available data, Sirius XM Holdings Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $1.67B in FY2020. The 5-year CAGR stands at -5.7%.

Sirius XM Holdings Inc.'s FCF yield is 14.94% and price-to-FCF ratio is 6.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SIRI free cash flow · 8 questions

Sirius XM Holdings Inc. free cash flow was $1.25B for FY2025, up 22.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.36B.

SIRI free cash flowSIRI FCFSIRI FCF 2025SIRI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Sirius XM Holdings Inc. · Sirius XM Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026