STRZ (Starz Entertainment) Operating Income: $-63 Mil (TTM As of Jun. 2026)

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STRZ Starz Entertainment Corp STRZ
8 GF Score
Price $28.93
! 7 Warning Signs
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What is Starz Entertainment Operating Income?

Starz Entertainment STRZ -0.28% 8 Operating Income is $-63 Mil as of Jun. 2026. GuruFocus rates STRZ with a GF Score™ of 8/100. The stock has 7 warning signs investors should review.

Starz Entertainment's Operating Income for the three months ended in Jun. 2026 was $-24 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $-63 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Starz Entertainment's Operating Income for the three months ended in Jun. 2026 was $-24 Mil. Starz Entertainment's Revenue for the three months ended in Jun. 2026 was $308 Mil. Therefore, Starz Entertainment's Operating Margin % for the quarter that ended in Jun. 2026 was -7.89%.

Starz Entertainment's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Starz Entertainment's annualized ROC % for the quarter that ended in Jun. 2026 was -5.33%. Starz Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -804.55%.

Starz Entertainment  (NAS:STRZ) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Starz Entertainment's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-97.2 * ( 1 - 0.63% )/( (1850.4 + 1776.7)/ 2 )
=-96.58764/1813.55
=-5.33 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1788.7 - 372 - ( 102.1 - max(0, 628.3 - 194.6+102.1))
=1850.4

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1671.8 - 340.5 - ( 59.6 - max(0, 596 - 150.6+59.6))
=1776.7

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Starz Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-708/( ( (89.4 + max(-513.6, 0)) + (86.6 + max(-478.6, 0)) )/ 2 )
=-708/( ( 89.4 + 86.6 )/ 2 )
=-708/88
=-804.55 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(81.7 + 0 + 10.8) - (372 + 54.1 + 180)
=-513.6

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.4 + 0 + 10.6) - (340.5 + 53.4 + 175.7)
=-478.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Starz Entertainment's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-24.3/307.9
=-7.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Starz Entertainment Operating Income Related Terms

Starz Entertainment Operating Income Historical Data

* Premium members only.

The historical data trend for Starz Entertainment's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Starz Entertainment Operating Income Chart

Starz Entertainment Annual Data
Trend Mar23 Mar24
Operating Income
3.40 -14.80

Starz Entertainment Quarterly Data
Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only -20.50 -29.80 4.70 -13.70 -24.30
STRZ
8GF Score
Starz Entertainment Corp STRZ
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Starz Entertainment Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-63 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-63 Mil mean?
Starz Entertainment (STRZ) has a Operating Income of $-63 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Starz Entertainment and its competitors.
Is Starz Entertainment's Operating Income too high?
Starz Entertainment's current Operating Income is $-63 Mil. Overall, Starz Entertainment has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Starz Entertainment's Operating Income compare to AMCX and PLAY?
Starz Entertainment's Operating Income of $-63 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Media - Diversified company?
A good Operating Income depends on the Media - Diversified industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Starz Entertainment and its competitors. Starz Entertainment's current Operating Income is $-63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starz Entertainment stock overvalued right now?
Starz Entertainment (STRZ) has a current Operating Income of $-63 Mil. The current Operating Income is $-63 Mil. Starz Entertainment's overall GF Score™ is 8/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Starz Entertainment (STRZ), the current Operating Income is $-63 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Starz Entertainment Business Description

Other Exchanges V34:Germany
Address 1647 Stewart Street, Santa Monica, CA, USA, 90404
Starz Entertainment Corp is the premium entertainment destination for women and underrepresented audiences, and home to some of the popular franchises and series on television. The company offers a robust programming mix for discerning adult audiences, including breaking originals and an expansive lineup of blockbuster movies, and is embodied by its brand positioning. Complementary to any platform or service, it is available across a wide range of digital OTT platforms and multichannel video distributors and is a bundling partner of choice. STARZ is powered by an industry technology, data analytics, and digital infrastructure STARZ app.
8GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.93
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