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Iridium Communications Inc. (IRDM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US46269C1027

CUSIP

46269C102

Sector

Communication Services

IPO Date

Mar 20, 2008

Highlights

Market Cap

$3.34B

EPS (TTM)

$0.93

PE Ratio

31.58

PEG Ratio

1.42

Total Revenue (TTM)

$812.43M

Gross Profit (TTM)

$485.94M

EBITDA (TTM)

$402.90M

Year Range

$23.78 - $40.82

Target Price

$40.50

Short %

7.86%

Short Ratio

7.61

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
IRDM vs. ORAN IRDM vs. DTE.DE IRDM vs. SPY IRDM vs. ETN IRDM vs. ISRG IRDM vs. CNK IRDM vs. DLX IRDM vs. VSAT IRDM vs. VOO IRDM vs. HEI
Popular comparisons:
IRDM vs. ORAN IRDM vs. DTE.DE IRDM vs. SPY IRDM vs. ETN IRDM vs. ISRG IRDM vs. CNK IRDM vs. DLX IRDM vs. VSAT IRDM vs. VOO IRDM vs. HEI

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Iridium Communications Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


200.00%250.00%300.00%350.00%JulyAugustSeptemberOctoberNovemberDecember
231.71%
341.68%
IRDM (Iridium Communications Inc.)
Benchmark (^GSPC)

Returns By Period

Iridium Communications Inc. had a return of -27.57% year-to-date (YTD) and -25.84% in the last 12 months. Over the past 10 years, Iridium Communications Inc. had an annualized return of 11.95%, outperforming the S&P 500 benchmark which had an annualized return of 11.01%.


IRDM

YTD

-27.57%

1M

2.71%

6M

15.24%

1Y

-25.84%

5Y*

4.01%

10Y*

11.95%

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

The table below presents the monthly returns of IRDM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-11.90%-20.16%-9.23%17.70%-2.21%-11.13%7.81%-10.10%18.66%-3.68%1.33%-27.57%
202316.42%2.56%1.13%2.49%-5.40%3.69%-15.41%-6.85%-6.82%-18.55%2.83%8.38%-19.10%
2022-13.10%10.34%1.84%-11.43%3.92%1.21%19.04%-0.72%-0.05%16.14%3.05%-3.20%24.49%
202125.29%-22.24%7.67%-7.90%0.58%4.66%5.60%5.40%-10.47%1.76%-5.18%7.39%5.00%
20203.69%5.95%-17.51%0.78%2.20%10.61%7.67%2.26%-8.68%3.24%21.51%22.55%59.60%
20195.04%9.86%24.19%3.86%-21.96%8.54%9.37%-4.95%-11.99%14.99%-4.78%5.75%33.55%
20187.63%-7.87%-3.85%5.78%27.73%5.92%7.45%17.05%11.11%-11.96%20.55%-22.74%56.36%
20175.21%-13.86%10.92%9.84%-6.60%11.62%-9.96%11.56%-7.21%16.50%2.92%-4.45%22.92%
2016-17.24%-0.43%13.56%2.54%8.18%1.72%1.13%-7.24%-2.64%0.49%7.98%9.09%14.15%
2015-12.72%12.57%1.36%4.74%1.77%-12.17%-18.37%0.40%-17.45%33.50%-0.49%2.94%-13.74%
20141.42%2.84%15.18%-11.19%18.74%6.82%-3.31%14.91%-5.85%7.34%0.53%2.09%55.97%
20134.17%-12.71%-1.31%11.28%6.26%8.84%8.50%-20.55%2.84%-12.35%1.99%1.64%-6.98%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of IRDM is 20, meaning it’s performing worse than 80% of other stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of IRDM is 2020
Overall Rank
The Sharpe Ratio Rank of IRDM is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of IRDM is 1717
Sortino Ratio Rank
The Omega Ratio Rank of IRDM is 1818
Omega Ratio Rank
The Calmar Ratio Rank of IRDM is 2323
Calmar Ratio Rank
The Martin Ratio Rank of IRDM is 2929
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Iridium Communications Inc. (IRDM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for IRDM, currently valued at -0.64, compared to the broader market-4.00-2.000.002.00-0.641.90
The chart of Sortino ratio for IRDM, currently valued at -0.75, compared to the broader market-4.00-2.000.002.004.00-0.752.54
The chart of Omega ratio for IRDM, currently valued at 0.91, compared to the broader market0.501.001.502.000.911.35
The chart of Calmar ratio for IRDM, currently valued at -0.40, compared to the broader market0.002.004.006.00-0.402.81
The chart of Martin ratio for IRDM, currently valued at -0.87, compared to the broader market0.0010.0020.00-0.8712.39
IRDM
^GSPC

The current Iridium Communications Inc. Sharpe ratio is -0.64. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Iridium Communications Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.64
1.90
IRDM (Iridium Communications Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Iridium Communications Inc. provided a 1.88% dividend yield over the last twelve months, with an annual payout of $0.55 per share.


1.26%$0.00$0.10$0.20$0.30$0.40$0.502023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$0.55$0.52

Dividend yield

1.88%1.26%

Monthly Dividends

The table displays the monthly dividend distributions for Iridium Communications Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.13$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.14$0.55
2023$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.52

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%1.9%
Iridium Communications Inc. has a dividend yield of 1.88%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%59.1%
Iridium Communications Inc. has a payout ratio of 59.14%, which is quite average when compared to the overall market. This suggests that Iridium Communications Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-55.32%
-3.58%
IRDM (Iridium Communications Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Iridium Communications Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Iridium Communications Inc. was 62.89%, occurring on Apr 15, 2024. The portfolio has not yet recovered.

The current Iridium Communications Inc. drawdown is 55.32%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.89%Apr 24, 2023246Apr 15, 2024
-52.81%Sep 30, 20091036Nov 8, 2013998Oct 26, 20172034
-43.82%Feb 14, 202023Mar 18, 2020170Nov 17, 2020193
-41.07%Feb 9, 2021251Feb 4, 2022231Jan 6, 2023482
-29.91%Dec 4, 201814Dec 24, 201855Mar 15, 201969

Volatility

Volatility Chart

The current Iridium Communications Inc. volatility is 10.30%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
10.30%
3.64%
IRDM (Iridium Communications Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Iridium Communications Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Iridium Communications Inc. compared to its peers in the Telecom Services industry.


PE Ratio
100.0200.0300.031.6
The chart displays the price to earnings (P/E) ratio for IRDM in comparison to other companies of the Telecom Services industry. Currently, IRDM has a PE value of 31.6. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.
PEG Ratio
-600.0-500.0-400.0-300.0-200.0-100.00.01.4
The chart displays the price to earnings to growth (PEG) ratio for IRDM in comparison to other companies of the Telecom Services industry. Currently, IRDM has a PEG value of 1.4. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Iridium Communications Inc..


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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