Salem Media Group, Inc.

Salem Media Group, Inc.

SALM
Salem Media Group, Inc.US flagOther OTC
0.97
USD
+0.03
- -
25.35MMarket Cap
Salem Media Group, Inc.
SALM
(Other OTC)

Recent

price

0.97

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
8.57
8.91
9.32
9.5
10.52
10.45
10.69
10.12
10.04
9.58
8.85
9.6
9.81
9.5
8.73
6.83
6.51
Revenue per Share
0.08
0.23
0.18
-0.11
0.22
0.44
0.35
0.95
-0.12
-1.05
-2.03
1.54
-0.12
-1.59
0.59
-1.11
-0.95
Basic EPS, GAAP
0.94
1.14
1.13
0.93
1.41
0.93
1.45
0.96
0.63
0.64
0.86
0.84
0.28
-0.15
-0.39
-0.18
-0.14
Free Cash Flow per Basic Share
0.2
- -
0.14
0.21
0.24
0.26
0.26
0.26
0.26
0.22
0.02
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.02
0.21
0.25
-0.07
-0.1
0.08
0.11
0.79
0.41
-0.87
-2.91
-1.35
-1.45
-3.04
-2.45
-3.3
-3.33
Book Value per Share
-8.63
-8.04
-8.16
-8.5
-8.67
-8.66
-8.48
-7.27
-7.36
-6.77
-7.96
-6.26
-5.68
-5.54
-0.63
-0.01
-0.09
Tangible Book Value per Share
24
24
25
25
25
25
26
26
26
27
27
27
27
27
27
31
32
Basic Weighted Avg Shares
206
218
229
237
267
266
274
264
263
254
236
258
267
259
238
213
207
Sales/Revenue/Turnover
17.87
17.35
16.33
15.07
11.14
12.01
12.13
10.19
9.35
7.66
4.81
9.76
5.96
-1.01
-2.57
-8.26
-6.49
Operating Margin (%)
15
15
15
15
19
18
17
17
18
16
14
13
13
14
12
11
11
Depreciation Expense
2
6
4
-3
5
11
9
25
-3
-28
-54
42
-3
-43
16
-35
-30
Net Income, GAAP
57.7
49
3.27
- -
46.53
37.52
34.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
0.94
2.58
1.93
-1.15
2.05
4.2
3.23
9.34
-1.21
-10.96
-22.88
16.08
-1.21
-16.75
6.81
-16.27
-14.52
Profit Margin (%)
17
5
-3
19
15
13
15
5
-9
-11
-5
-10
-20
-25
-37
-9
-13
Working Capital
304
266
249
288
276
269
261
250
234
271
262
213
193
195
44
48
45
LT Debt
196
203
206
202
204
210
211
231
222
190
135
178
175
133
189
178
175
Total Equity
3.08
3.98
7.75
- -
3.34
4.24
4.7
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
4.75
6.76
10.28
- -
4.97
7.54
6.92
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
79.19
- -
- -
- -
366.27
210.17
-20.39
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9
8
8
LT Borrowings
7
11
9
LT Finance Leases
41
37
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
26
14
13

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
36
34
31
Cash, Cash Equivalents & STI
- -
2
- -
Accounts Receivable, Net
23
21
20
Inventories
- -
- -
- -
Total Current Liabilities
49
43
43
Payables & Accruals
25
22
23
ST Debt
9
8
8
Deferred Revenue
16
13
12

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.52%
8.47%
-5.98%
Free Cash Flow
-7.61%
-20.72%
-45.32%
Net Income, GAAP
141.33%
100.52%
-313.92%
Sales/Revenue/Turnover
-2.04%
-1.81%
-10.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
59
61
59
60
238
2025
52
54
51
56
213
2026
46
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.19
0.08
-0.24
- -
0.59
2025
-0.24
-0.55
-0.07
- -
-1.11
2026
-0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Salem Media Group, Inc. (SALM) operates as a leading U.S. multimedia company specializing in Christian and conservative content, delivering radio broadcasting, digital media platforms, publishing services, and syndicated programming to millions of listeners, readers, and viewers nationwide. The company owns approximately 117 radio stations across 38 markets, including prominent Christian talk (branded as "The Fish" for contemporary Christian music and "The Answer" for news/talk), conservative talk, Spanish Christian, and business formats; through its Salem Radio Network, it syndicates talk shows from hosts such as Hugh Hewitt, Dennis Prager, and Charlie Kirk, news services, music networks offering Contemporary Christian, Praise, and Southern Gospel, alongside satellite distribution and advertising representation via Salem Media Reps. Its digital media segment encompasses conservative websites including Townhall.com, RedState, Hot Air, PJ Media, and Twitchy, alongside streaming podcasts, apps, video content, social media with over 67 million followers, and investment newsletters through Eagle Financial Publications; the publishing arm features Regnery Publishing for conservative and Christian books, Salem Books, self-publishing via Xulon Press and Mill City Press, and digital services like Salem Author Services. Founded in 1974 by Stuart Epperson and Edward G. Atsinger III and headquartered in Camarillo, California, with major operations consolidated in Irving, Texas, since 2021, Salem targets audiences interested in Christian values, family-themed programming, and conservative perspectives, primarily across the United States. Recent developments include the August 2025 acquisition of Jim Fink's investment advisory products—Seasonal Stock Alert, Options for Income, Velocity Trader, and Inner Circle—bolstering its financial publishing portfolio with a dedicated platform at JimFinkInvesting.com; in December 2024, the company repurchased $159.4 million of its senior secured notes at a discount, issued $40 million in new convertible preferred stock, and agreed to sell seven radio stations for $90 million total consideration to substantially strengthen its balance sheet and eliminate most debt; additionally, in April 2025, it signed a deal making Donald Trump Jr. and Lara Trump stakeholders while acquiring a 30% stake in MxM News, and earlier sold its remaining Christian Contemporary stations to the Educational Media Foundation.

Company News

APIChatGPT
  • SalemNOW and Kappa Studios Announce Strategic Content Distribution Partnership

  • Salem Media Announces Retirement of Salem Surround Executive Jon Latzer

  • Salem Media New York Commemorates America's 250th with Special Broadcast Celebration & Patriotic Performance in Times Square

  • Salem Media Names Linnae Young President of Broadcast Media, Expands Leadership Team

  • Salem Media's Allen Power Announces Retirement After 50 Years in Broadcasting

  • Salem Media Launches Salem Creators Agency, Signs Jason Jackson Jr. as First Client

  • Salem Media Announces Your Nightly Scripture, a New LifeAudio Original Podcast Designed for Evening Reflection and Prayer

  • American Ground Radio Debuts on WWRC/AM 570 The Answer in Washington, DC

  • American Ground Radio Debuts on WWRC/AM 570 The Answer in Washington, DC

  • Salem Media has Released its First Quarter 2026 Quarterly Report

  • Salem Media has Released its First Quarter 2026 Quarterly Report

  • Shareholder Alert: Ademi LLP investigates whether Salem Media Inc. is obtaining a Fair Price for Public Shareholders

  • Salem Media to Be Acquired by WaterStone in Major Growth Deal

  • Christian Cultural Center Returns to WMCA with New Daily Program Hosted by Senior Pastor Jamaal Bernard

  • Salem Media Expands Larry O'Connor Nationally, Elevating Townhall Editor to Anchor Morning Lineup Across Salem News Channel and Salem Radio Network

  • Salem Media Group (NASDAQ:SALM) Stock Crosses Above 200 Day Moving Average – Time to Sell?

  • Salem Media has Released its Year-End 2025 Annual Report

  • Salem Podcast Network Announces Launch of The Danielle Gill Show

  • Salem Media Presents 2026 Stuart Epperson Award for Excellence in Christian Media to Dr. David Jeremiah at NRB

  • AM 560 and Morning Host Dan Proft Agree to Multi-Year Contract Extension