Iridium Communications Inc.
IRDM
Rank in Stocks
#3620
Iridium Communications Inc. provides critical mobile voice and data... Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone networks, short message services, subscriber identity module (SIM) management, and other related operational and peripheral services. The company delivers comprehensive voice and data solutions designed for specific operational needs. These encompass tracking devices for personnel and assets (such as equipment, vehicles, and aircraft), essential beyond-line-of-sight communication for aviation, maritime communication systems, and customized secure communication solutions for high-value individuals. Iridium also supplies mobile communication and data devices tailored for military and intelligence agencies, featuring secure satellite handsets along with netted voice, messaging, and paging services. Furthermore, it provides maintenance services for the United States government's dedicated ground gateway. Iridium's product portfolio includes a variety of hardware such as satellite handsets, personal connectivity devices, voice and data modems, broadband data terminals, and IoT data devices. These are supported by an array of accessories, including batteries, holsters, headphones, portable auxiliary antennas, adaptors, USB cables, and charging units, complemented by robust engineering and support services. Commercial end-users access Iridium's products and services via a comprehensive wholesale distribution network comprising service providers, value-added resellers, and manufacturers. Established in 2000 and headquartered in McLean, Virginia, the company was formerly known as Iridium Holdings LLC before changing its name in September 2009.
Share Price
$44.22
Market Cap
$4.69B
Change (1 day)
1.05%
Change (1 year)
138.00%
Country
US
Trade Iridium Communications Inc. (IRDM)
Category
Communication Services
P/E ratio for Iridium Communications Inc. (IRDM)
P/E ratio as of October 2026 TTM: 52.02
According to Iridium Communications Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 52.02. At the end of 2023 the company had a P/E ratio of 327.83.
P/E ratio history for Iridium Communications Inc. from 2007 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 52.02 | 70.51% |
| 2024 | 30.51 | -90.69% |
| 2023 | 327.83 | -56.63% |
| 2022 | 755.83 | -227.75% |
| 2021 | -591.64 | 531.66% |
| 2020 | -93.66 | 391.98% |
| 2019 | -19.04 | -87.33% |
| 2018 | -150.22 | -3,139.97% |
| 2017 | 4.94 | -40.39% |
| 2016 | 8.29 | -92.62% |
| 2015 | 112.28 | 844.54% |
| 2014 | 11.89 | 55.05% |
| 2013 | 7.67 | -3.15% |
| 2012 | 7.92 | -43.54% |
| 2011 | 14.02 | -45.13% |
| 2010 | 25.56 | -361.77% |
| 2009 | -9.76 | -104.15% |
| 2008 | 235.18 | -100.86% |
| 2007 | -27.39K | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
HK
|
|
| 11.57 | -77.76% |
US
|
|
| 16.47 | -68.34% |
US
|
|
| 7.62 | -85.36% |
US
|
|
| - | - |
DE
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.