Dish Network's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Dish Network (DISH) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Dish Network vs Its Competitors
- TTM: Trailing 12-month revenue of 13,756M vs 1,515,141M combined for tracked competitors (0.9% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-4.6% annualized vs trailing 12 months), vs decelerating (-4.5%) for its tracked peer group.
- Growth: Dish Network generated -6.7% revenue growth year over year in Q3 2025, vs 7.5% for its tracked competitors combined.
- Profitability: Its -380.0% net margin compares with 8.9% for the peer group.
- Peer revenue share: Dish Network accounted for 0.9% of combined revenue among its tracked peer group, down from 1.0% a year earlier.
- Peer differentiation: Revenue per employee of $0.96M compares with $0.58M for the peer group (1.6x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
DISH Sales vs. its Competitors, Q3 2025
Dish Network reported revenue contraction of 6.67 % year on year in Q3 2025, below its competitors' combined revenue growth of 7.45 %.
With a net margin of -380.01 %, Dish Network reported lower profitability than its competitors (8.90 %).
Dish Network generated 0.90 % of the combined sales of its peer group, down from 1.03 % a year earlier.
Dish Network vs. its Competitors, Q3 2025
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Dish Network reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Dish Network and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Dish Network Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (8) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Dish Network's competitor groups requires a Commercial License.
For context: the Broadcasting Media & Cable TV industry grew revenue 4.4% year over year, combined, vs -6.7% for Dish Network. Dish Network's share of combined industry revenue moved from 2.00% to 1.79%, a loss of 0.21 percentage points.
Dish Network's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Dish Network Corp | No | No | No | No |
| Competitors combined (33) | ||||
| High-Confidence Competitors (8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
DISH Stock Performance relative to its Competitors
DISH Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Sifco Industries Inc | 282.9% | Outperformed |
| 2 | Frequency Electronics Inc | 282.9% | Outperformed |
| 3 | Viasat Inc | 282.9% | Outperformed |
| 4 | Richardson Electronics Ltd | 282.9% | Outperformed |
| 5 | Roku Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Dish Network's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Dish Network Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Dish Network Corp | - | 13,755.98 |
| Amazon com Inc | 2,725,750.00 | 776,231.00 |
| Verizon Communications Inc | 186,819.09 | 138,895.00 |
| At and t Inc | 162,814.24 | 127,239.00 |
| Lockheed Martin Corporation | 127,588.00 | 77,014.00 |
| Corning Inc | 115,500.00 | 16,964.00 |
| SUBTOTAL | 3,768,752.91 | 1,528,901.30 |
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Sources: Dish Network Corp's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Dish Network Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Dish Network's Competitors Named by the Company
Competitive relationships identified from Dish Network reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Authentic Holdings Inc | Company report | 85% |
| Telephone And Data Systems Inc | Company report | 85% |
| Qvc Group Inc | Company report | 85% |
| Conx Corp | Company report | 85% |
| T mobile Us Inc | Company report | 85% |
| Shenandoah Telecommunications Company | Company report | 85% |
| QVCD | Company report | 85% |
| Qvc inc | Company report | 85% |
| EchoStar | Company report | 85% |
| USM | Company report | 85% |
| Array Digital Infrastructure Inc | Company report | 85% |
| Optimum Communications Inc | Company report | 85% |
| Charter Communications Inc | Company report | 85% |
| Comcast corporation | Company report | 85% |
| Verizon Communications Inc | Company report | 85% |
| Roku Inc | Company report | 85% |
| Viasat Inc | Company report | 85% |
| Liberty Global Ltd | Company report | 85% |
| Verizon Communications Inc | Company report | 85% |
| Liberty Broadband Corporation | Company report | 85% |
| Gilat Satellite Networks Ltd | Company report | 85% |
| At and t Inc | Company report | 85% |
| Loral Space and Communications Inc | Company report | 85% |
| Kvh Industries Inc | Company report | 85% |
| Cable One Inc | Company report | 85% |
| Amazon com Inc | Company report | 85% |
| Wideopenwest Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Dish Network's named competitors require a Commercial License.
Methodology: relationships are extracted from Dish Network reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Dish Network's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Dish Network Corp | Pay Tv and Broadband 71.36 % |
| Amazon com Inc | North America 57.75 % |
| Verizon Communications Inc | Verizon Consumer Group 76.61 % |
| At and t Inc | Advanced Connectivity 90.37 % |
| Lockheed Martin Corporation | Aeronautics 40.43 % |
| Corning Inc | Optical Communications 40.55 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Dish Network's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Dish Network Corp | - | 961,957 | -878,344 |
| Amazon com Inc | 2,725,750 | 492,532 | 85,838 |
| Verizon Communications Inc | 186,819 | 1,544,994 | 184,638 |
| At and t Inc | 162,814 | 956,468 | 173,074 |
| Lockheed Martin Corporation | 127,588 | 626,130 | 51,114 |
| Corning Inc | 115,500 | 252,440 | 30,863 |
| PEERS TOTAL | 3,768,753 | 584,815 | 77,036 |
Dish Network's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Lockheed Martin Corporation | United States 70.72 % |
| Northrop Grumman Corp | United States 85.81 % |
| Textron Inc | United States 70.21 % |
| Viasat Inc | US 68.12 % |
| Kratos Defense and Security Solutions inc | United States 78.55 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Dish Network's Position in Industry Market Structure
Market-capitalization share and concentration across all 41 companies in Dish Network's industry classification, broader than the peer set above. Market cap in millions of $.Dish Network ranks #0 of 41 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,925, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Netflix Inc | 300,549 | 35.44 % |
| 2 | Liberty Media Corporation | 158,042 | 18.63 % |
| 3 | Spotify Technology S a | 111,667 | 13.17 % |
| 4 | Comcast corporation | 78,183 | 9.22 % |
| 5 | Everpure Inc | 1,234 | 5.2% |
| 6 | Fox Corporation | 1,234 | 5.2% |
| 7 | Tencent Music Entertainment Group | 1,234 | 5.2% |
| 8 | Roku Inc | 1,234 | 5.2% |
| 9 | Charter Communications Inc | 1,234 | 5.2% |
| 10 | Rogers Communications Inc | 1,234 | 5.2% |
| 0 | Dish Network Corp | - | 0.00 % |
Market cap and industry share for the rest of Dish Network's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2023-12-29.
Dish Network's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Broadcasting Media & Cable TV industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (80 companies). See the full Broadcasting Media & Cable TV industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 32.07 % | 31.35 % (avg) | +0.7 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | - | 10.69 % (avg) | - |
| Capital Intensity (Capex / Revenue) | 7.24 % | 7.55 % (avg) | -0.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Dish Network's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -4.66 % | 18.68 % | -25.01 % | 20.97 % | 26.31 % | -6.29 % | -8.30 % | -6.55 % |
| Operating Margin | 10.89 % | 12.57 % | 14.67 % | 16.67 % | 18.88 % | 12.26 % | 1.15 % | -1.26 % |
| Return on Invested Capital | 5.23 % | 6.47 % | 5.12 % | 5.26 % | 5.16 % | 2.41 % | 0.18 % | -0.26 % |
| P/E | 12.9x | 10.0x | 13.6x | 10.7x | 8.1x | 4.1x | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Dish Network's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 1,925 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 7.24 % vs industry average 7.55 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Dish Network's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Dish Network's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Dish Network's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 613.4 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-4.6% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
Opportunities
No rule matched.
Threats
- Industry dominated by Netflix Inc , holding 35.44 % of industry market cap.
- Tracked peer group's revenue run-rate is broadly decelerating (-4.5% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Dish Network's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Dish Network Corp | 0.16 | 0.44 | 4.06 |
| Amazon com Inc | 0.38 | 1.07 | 0.21 |
| Verizon Communications Inc | 0.15 | 0.72 | 1.52 |
| At and t Inc | 0.32 | 0.95 | 1.10 |
| Lockheed Martin Corporation | 0.14 | 1.14 | 2.92 |
| Corning Inc | 0.25 | 1.64 | 0.68 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Dish Network's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Dish Network Corp | Q3 2025 | -6.7 % | - |
| Amazon com Inc | Q2 2026 | +19.9 % | +244.9 % |
| Verizon Communications Inc | Q2 2026 | -0.7 % | -22.9 % |
| At and t Inc | Q2 2026 | +2.3 % | +3.1 % |
| Lockheed Martin Corporation | Q2 2026 | +10.5 % | +436.8 % |
| Corning Inc | Q2 2026 | +16.6 % | +21.8 % |
| PEERS TOTAL | +10.5 % | +89.4 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Dish Network's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Dish Network Corp | Q3 2025 | -6.4 % | -26.0 % |
| Amazon com Inc | Q2 2026 | +18.5 % | +300.3 % |
| Verizon Communications Inc | Q2 2026 | - | +29.6 % |
| At and t Inc | Q2 2026 | -1.7 % | +16.4 % |
| Lockheed Martin Corporation | Q2 2026 | +1.1 % | -9.4 % |
| Corning Inc | Q2 2026 | +16.5 % | +37.0 % |
Dish Network's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Dish Network Corp | - | - | - |
| Amazon com Inc | 15.21% | 23.40% | 30.50% |
| Verizon Communications Inc | 4.10% | 5.08% | 15.74% |
| At and t Inc | 5.44% | 5.04% | 18.23% |
| Lockheed Martin Corporation | 10.40% | 14.74% | 86.24% |
| Corning Inc | 6.63% | 8.04% | 16.66% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Dish Network's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Dish Network Corp | 1.91 | - |
| Amazon com Inc | 20.10 | 3.51 |
| Verizon Communications Inc | 11.34 | 1.35 |
| At and t Inc | 7.79 | 1.28 |
| Lockheed Martin Corporation | 20.38 | 1.66 |
| Corning Inc | 60.27 | 6.81 |
| PEERS AVERAGE | 20.15 | 2.47 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.