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.
Peer comparison
Dec 31, 2023