Cable One Inc (CABO)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 6,525,900 | 6,660,680 | 6,827,640 | 6,840,180 | 6,846,930 | 6,911,780 | 6,882,740 | 6,879,350 | 6,913,890 | 6,932,250 | 6,895,080 | 6,959,420 | 6,953,990 | 6,900,600 | 6,830,000 | 5,432,260 | 4,488,340 | 3,826,810 | 3,743,450 | 3,298,360 |
| Operating ROA | 6.85% | 7.09% | 7.24% | 7.56% | 7.70% | 6.03% | 5.99% | 5.79% | 7.03% | 8.51% | 8.41% | 8.25% | 6.57% | 7.61% | 7.37% | 8.82% | 10.46% | 9.62% | 9.41% | 10.17% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $446,779K ÷ $6,525,900K
= 6.85%
The operating return on assets (Operating ROA) of Cable One Inc has exhibited fluctuations over the reported periods. The trend shows a gradual decline from 10.17% in March 2020 to 6.85% in December 2024, with some periods showing slight increases followed by decreases.
The average Operating ROA over the reported periods appears to be around 7-8%, indicating that for every dollar of assets, the company is generating an average operating return of 7-8 cents. This suggests that the company may be facing challenges in maximizing its operational efficiency in generating profits from its assets.
Further analysis of the underlying factors contributing to the changes in Operating ROA such as shifts in operating income, changes in asset base, or operational inefficiencies would provide a more in-depth understanding of Cable One Inc's financial performance and help in evaluating the company's operational effectiveness and asset utilization.
Peer comparison
Dec 31, 2024