Forensic Analysis · Communication Services / Telecom · as of Jun 27, 2026
Paramount Skydance Corp (PSKY)
A forensic read on Paramount Skydance Corp built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
0.8
Altman Z-score
Clean
Earnings quality
4
Forensic signals
-4.6%
ROE
$10.8B
Market cap
2.02%
Dividend yield
Paramount Skydance Corp earns a F (Poor — capital at risk) forensic quality grade, and its Altman Z-score is 0.8, placing it in the Distress zone. 4 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-12%Return on invested capital.Return on invested capital is -12% and slipping from -2% — well below its ~8% cost of capital, so reinvested dollars may be destroying value, not building it.
+1.8%/yrShare-count dilution.Diluted share count changed +2% over the last 1 years to FY2024 (+1.8%/yr). The count is GROWING — existing holders are being diluted. That's ~1.8% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2023 has been diluted ~2%.
1% of revStock-based comp load.Stock-based compensation ran 1% of revenue and 50% of free cash flow in FY2024 — about $0.37 per diluted share. Heavy — a large slice of 'free cash flow' is really being paid out in stock, so the true owner cash per share is well below the headline.
$6.0BGoodwill impairments.Took $6.0B of goodwill writedowns across 1 year(s) (FY2024 ($6.0B)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-21.2%
Debt / Equity1.13x
Free Cash Flow$489.0M
Latest Revenue$29.21B
Return on Equity-52.9%
Revenue Growth YoY-1.5%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Paramount Skydance Corp:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about PSKY's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown