Cable One Inc (CABO)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 991,768 | 1,009,963 | 1,031,677 | 1,139,595 | 1,237,169 | 1,244,517 | 1,238,082 | 1,237,554 | 1,235,126 | 1,234,937 | 1,239,286 | 1,217,993 | 1,150,486 | 1,075,100 | 998,179 | 931,055 | 906,525 | 884,505 | 842,939 | 810,626 |
| Revenue (ttm) | US$ in thousands | 1,579,541 | 1,604,143 | 1,630,936 | 1,660,499 | 1,678,081 | 1,691,781 | 1,696,151 | 1,701,212 | 1,706,044 | 1,713,117 | 1,718,636 | 1,691,300 | 1,605,836 | 1,510,016 | 1,418,741 | 1,345,295 | 1,325,229 | 1,307,212 | 1,253,241 | 1,210,588 |
| Gross profit margin | 62.79% | 62.96% | 63.26% | 68.63% | 73.73% | 73.56% | 72.99% | 72.75% | 72.40% | 72.09% | 72.11% | 72.02% | 71.64% | 71.20% | 70.36% | 69.21% | 68.41% | 67.66% | 67.26% | 66.96% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $991,768K ÷ $1,579,541K
= 62.79%
The gross profit margin of Cable One Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. It started at 66.96% in March 2020 and gradually increased to reach a peak of 73.73% by December 31, 2023. This upward trend indicated an improvement in the company's ability to generate profit from its core operations.
However, there was a notable decrease in the gross profit margin to 68.63% by March 31, 2024, followed by a significant decline to 62.79% by December 31, 2024. These declines suggest a potential decrease in the profitability of the company's primary business activities during those periods.
Overall, Cable One Inc's gross profit margin reflects both positive growth and some fluctuations, emphasizing the importance of continuous monitoring and analysis to understand the underlying factors driving the changes in profitability.
Peer comparison
Dec 31, 2024