Cable One Inc (CABO)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 446,779 | 472,427 | 494,658 | 516,957 | 526,903 | 417,062 | 412,571 | 398,587 | 486,163 | 590,091 | 579,553 | 573,906 | 456,572 | 525,040 | 503,670 | 478,970 | 469,350 | 368,073 | 352,075 | 335,480 |
| 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 |
| Operating profit margin | 28.29% | 29.45% | 30.33% | 31.13% | 31.40% | 24.65% | 24.32% | 23.43% | 28.50% | 34.45% | 33.72% | 33.93% | 28.43% | 34.77% | 35.50% | 35.60% | 35.42% | 28.16% | 28.09% | 27.71% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $446,779K ÷ $1,579,541K
= 28.29%
The operating profit margin of Cable One Inc has shown fluctuating trends over the analyzed period. It started at 27.71% in March 2020 and increased gradually to reach a peak of 35.60% in March 2021. However, the margin declined slightly in the subsequent quarters but remained relatively high. By December 2022, the operating profit margin dropped to 28.50%.
In the following quarters, the margin saw mixed movements, with some fluctuations observed. Notably, in March 2024, the operating profit margin stood at 31.13%, showing signs of recovery from the previous declines. However, in the subsequent quarters, the margin decreased to 28.29% by December 2024.
Overall, Cable One Inc's operating profit margin has displayed a somewhat volatile pattern, with periods of growth followed by slight declines. It is essential for the company to closely monitor its operating expenses and revenue generation strategies to maintain a healthy operating profit margin in the long term.
Peer comparison
Dec 31, 2024