Cable One Inc (CABO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,480 | 267,436 | 234,118 | 291,824 | 304,391 |
| Revenue | US$ in thousands | 1,579,540 | 1,678,080 | 1,706,040 | 1,605,840 | 1,325,230 |
| Net profit margin | 0.92% | 15.94% | 13.72% | 18.17% | 22.97% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $14,480K ÷ $1,579,540K
= 0.92%
Based on the data provided, Cable One Inc's net profit margin has exhibited a fluctuating trend over the years. In 2020, the net profit margin stood at 22.97%, indicating that the company retained approximately 22.97% of its revenue as profit after accounting for all expenses.
However, in the subsequent years, there was a decline in the net profit margin. By the end of 2021, the net profit margin decreased to 18.17%, reflecting a reduction in profitability compared to the previous year. This trend continued into 2022, with the net profit margin further dropping to 13.72%.
Nonetheless, there was a slight recovery in 2023, as the net profit margin improved to 15.94%. This could suggest that the company implemented strategies to enhance profitability or manage costs more effectively during that period.
Surprisingly, by the end of 2024, Cable One Inc experienced a significant decline in its net profit margin, plummeting to 0.92%. Such a substantial drop could indicate various factors impacting the company's profitability, such as increased expenses, lower revenue, or operational inefficiencies.
In conclusion, the analysis of Cable One Inc's net profit margin demonstrates a fluctuating performance, underscored by both improvements and setbacks in profitability over the years. Monitoring and understanding the drivers behind these fluctuations will be crucial for the company to sustain and enhance its financial performance in the future.
Peer comparison
Dec 31, 2024