Cable One Inc (CABO)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	267,438	74,934	106,069	120,068	234,118	376,163	357,811	394,719	291,825	333,228	347,260	303,647	304,391	251,766	235,314	209,169	178,582	166,977	155,456	162,846
Revenue (ttm)	US$ in thousands	1,490,288	1,507,655	1,520,118	1,528,658	1,572,966	1,586,846	1,597,835	1,583,000	1,483,503	1,478,312	1,403,348	1,343,292	1,329,068	1,254,363	1,201,988	1,157,573	1,115,679	1,066,780	1,050,561	1,036,749
Net profit margin		17.95%	4.97%	6.98%	7.85%	14.88%	23.71%	22.39%	24.93%	19.67%	22.54%	24.75%	22.60%	22.90%	20.07%	19.58%	18.07%	16.01%	15.65%	14.80%	15.71%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $267,438K ÷ $1,490,288K
= 17.95%

The net profit margin of Cable One Inc has varied over the quarters provided. In Q4 2023, the net profit margin was 15.94%, showing a significant increase compared to the previous quarter where it was 4.43% in Q3 2023. However, it is lower than Q1 2022 and Q2 2022 which were 23.34% and 20.82% respectively.

It is worth noting that the net profit margin was highest in Q3 2022 at 21.96% and Q1 2022 at 23.34% but declined in subsequent quarters. The decrease in net profit margin in recent quarters may indicate changes in factors affecting profitability, such as costs, revenues, or efficiency. This variability in net profit margin suggests a fluctuating level of profitability for Cable One Inc, highlighting the importance of monitoring and analyzing financial performance metrics over time.