Starz Holds 2026 OIBDA Outlook, Targets 20% Margin in 2027
Photo: TokenPost
Starz Entertainment Corp. (STRZ) kept its 2026 forecast for mid-single-digit adjusted OIBDA growth and $100 million to $120 million in unlevered free cash flow, while setting margin and leverage targets for 2027. Year-to-date free cash flow was positive $85 million. The company’s target for the full year is specifically for unlevered free cash flow. For the second half of 2027, Starz is aiming for a 20% margin and leverage of 2.5 times or lower. Net debt stood at $601 million, and adjusted OIBDA leverage was 2.8 times. Over-the-top (OTT) revenue increased from a year earlier and from the prior quarter.
Source: TokenPost
