SABRSabre Corp
Services-Computer Programming, Data Processing, Etc.
- Revenue
- $2.8B
- 1.0% YoY
- Operating margin
- 10.7%
- 21% YoY
- EBITDA
- $401M
- 14% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 9.6×
- $3.9B net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired-21% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired55% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $2.5B | $2.6B | $2.7B | $2.8B | 1.0% |
| Operating income | −$665M | −$261M | $32M | $242M | $295M | 22% |
| Net income | −$928M | −$435M | −$528M | −$279M | $525M | 288% |
| Operating cash flow | −$415M | −$276M | $67M | $70M | −$109M | 255% |
| Capex | $54M | $69M | $81M | $80M | $83M | 4.2% |
| Stock-based comp | $121M | $83M | $47M | $49M | $46M | 6.9% |
| Buybacks | $0 | — | — | — | — | |
| Dividends | $0 | $0 | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.