Is the business good?
How good a business is GSAT?
Globalstar, Inc. earns 4.3% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
4.3%
Return on invested capital · cost of capital 9.0% · 4.7 points below what the capital costs: growth destroys value
- Operating margin
- 4.7%
Operating margin · Telecom Services median 11% · 12 months to Q2 2026
- Share count, year on year
- +0.99%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | −46% |
| FY2021 | −53% |
| FY2022 | −149% |
| FY2023 | −0.07% |
| FY2024 | −0.38% |
| FY2025 | 2.7% |
Details›
- Operating margin12 months to Q2 2026
- 4.7%
- Net margin12 months to Q2 2026
- −19%
- Free cash flow margin
- 202%
- Revenue, trailing twelve months
- $281M
- Free cash flow, trailing twelve months
- $566M
- Net income, trailing twelve months
- −$54M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.3%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.