Sabre Corp. (SABR) intrinsic value & 10-year financials
Sabre Corp. (SABR) has a Graham intrinsic value of $21.50 per share. At $1.68 on Oct 17, 2026, the stock trades 92% below that value. Over the last 10 fiscal years revenue shrank 2.2% a year to $2.8B, with an average return on invested capital of 0.7%.
- Graham intrinsic value
- $21.50
- Share price (Oct 17, 2026)
- $1.68
- Price vs Graham value
- 92% below
- Market cap
- $658.1M
- Revenue (FY2025)
- $2.8B
- Revenue growth (10-yr CAGR)
- -2.2%
- ROIC (10-yr avg)
- 0.7%
- Free cash flow (FY2025)
- -$191.8M
SABR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.8B | $524.6M | $1.34 | -$191.8M | 10.7% | 10.2% |
| FY2024 | $3.0B | -$278.8M | -$0.73 | -$13.6M | 9.4% | 9.8% |
| FY2023 | $2.9B | -$527.6M | -$1.56 | -$31.2M | 1.6% | 1.5% |
| FY2022 | $2.5B | -$435.4M | -$1.40 | -$346.0M | -10.3% | -8.0% |
| FY2021 | $1.7B | -$928.5M | -$2.96 | -$469.0M | -39.4% | -18.7% |
| FY2020 | $1.3B | -$1.3B | -$4.42 | -$835.7M | -74.1% | -25.4% |
| FY2019 | $4.0B | $158.6M | $0.57 | $466.1M | 9.1% | 7.7% |
| FY2018 | $3.9B | $337.5M | $1.22 | $440.9M | 14.5% | 12.5% |
| FY2017 | $3.6B | $242.5M | $0.87 | $361.6M | 13.7% | 8.6% |
| FY2016 | $3.4B | $242.6M | $0.86 | $371.8M | 13.6% | 9.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Sabre Corp is facing top-line stagnation, with revenue contracting over the decade.
Sabre Corp has historically struggled to out-earn its cost of capital, averaging just 0.7% ROIC.
Sabre Corp has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Sabre Corp is modeled at 5.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $21.50 per share.