Cable One Inc (CABO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 441,879 | 526,903 | 538,989 | 456,572 | 369,293 |
| Revenue | US$ in thousands | 1,579,540 | 1,678,080 | 1,706,040 | 1,605,840 | 1,325,230 |
| Operating profit margin | 27.98% | 31.40% | 31.59% | 28.43% | 27.87% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $441,879K ÷ $1,579,540K
= 27.98%
The operating profit margin of Cable One Inc has shown a generally positive trend over the five-year period from December 31, 2020, to December 31, 2024. Starting at 27.87% in 2020, the margin increased steadily to reach 31.59% by the end of 2022, indicating an improvement in the company's operational efficiency and profitability.
However, there was a slight dip in the operating profit margin in 2023 to 31.40%, and a more noticeable decrease to 27.98% in 2024. Despite these declines in the last two years, the company's operating profit margin still remains relatively strong compared to the starting point in 2020.
Overall, Cable One Inc has demonstrated effective cost management and revenue generation capabilities, as evidenced by the generally increasing trend in its operating profit margin over the period analyzed. The fluctuations in the margin in the last two years may warrant further investigation to understand the factors influencing the company's profitability.
Peer comparison
Dec 31, 2024