Sirius Xm Holdings Inc.
$18.33B- Market cap
- $9.78B
- Debt
- +$8.65B
- Cash
- −$94.00M
Capital structure 53% equity / 47% debt · EV / Revenue 2.14x · EV / EBITDA 11.03x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: SIRI stock price vs RGA: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at RGA's multiple
Needs RGA P/E.
Implied fair value · at SIRI's multiple
Needs SIRI P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: SIRI FY 2025 (ended Dec 31, 2025) · RGA FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 53% equity / 47% debt · EV / Revenue 2.14x · EV / EBITDA 11.03x
Capital structure 74% equity / 26% debt · EV / Revenue 0.76x · EV / EBITDA 8.40x
SIRI carries the larger enterprise value at $18.33B against $18.08B; RGA trades on the lower EV / Revenue multiple (0.76x vs 2.14x); RGA on the lower EV / EBITDA (8.40x vs 11.03x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
SIRIUS XM HOLDINGS INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
REINSURANCE GROUP OF AMERICA, INCORPORATED · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.75x
0.42x
Net debt / EBITDA
Leverage against operating earnings
5.15x
0.72x
Cash and equivalents
Liquid reserves on the balance sheet
$94.00M
$4.17B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Spotify Technology S.A.
SIRI vs SPOT
SALEM MEDIA GROUP, INC. /DE/
SIRI vs SALM
iHeartMedia, Inc.
SIRI vs IHRT
SAGA COMMUNICATIONS INC
SIRI vs SGA
BROWN & BROWN, INC.
SIRI vs BRO
HANOVER INSURANCE GROUP, INC.
SIRI vs THG
TRAVELERS COMPANIES, INC.
SIRI vs TRV
METLIFE INC
SIRI vs MET
ALLSTATE CORP
SIRI vs ALL
EVEREST GROUP, LTD.
SIRI vs EG
$8.65B
$5.71B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.