SABRSabre Corporation
Is the business good?
The checks split: margins widening, but thin cash backing (0.3×).
Operating profit outpaces operating cash flow, watch accruals and working capital. Conversion is improving vs a year ago.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is SABR?
Sabre Corporation earns 9.9% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 0.89 points above what the capital costs: growth creates value
- Operating margin
- 11%
Operating margin · Software - Infrastructure median 5.8% · 12 months to Q2 2026
- Cash conversion
- 0.29×
Cash conversion · −0.81× a year ago · the operating profit has not turned into cash yet
- Share count, year on year
- +2.2%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | −74% |
| FY2021 | −39% |
| FY2022 | −10% |
| FY2023 | 1.2% |
| FY2024 | 8.8% |
| FY2025 | 11% |
Details›
- Gross margin12 months to Q2 2026
- 56%
- Operating margin12 months to Q2 2026
- 11%
- Free cash flow margin
- −0.57%
- Revenue, trailing twelve months
- $2.85B
- Free cash flow, trailing twelve months
- −$16M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 9.9%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Software, Infrastructure
Ranks #42 of 80 by RyuScore