Cable One Inc (CABO)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,480 | 267,436 | 234,118 | 291,824 | 304,391 |
| Total stockholders’ equity | US$ in thousands | 1,796,030 | 1,873,140 | 1,757,970 | 1,793,100 | 1,495,300 |
| ROE | 0.81% | 14.28% | 13.32% | 16.27% | 20.36% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $14,480K ÷ $1,796,030K
= 0.81%
Cable One Inc's return on equity (ROE) has shown a downward trend over the years, declining from 20.36% in December 31, 2020, to 16.27% in December 31, 2021, further dropping to 13.32% in December 31, 2022. There was a slight uptick to 14.28% in December 31, 2023. However, in December 31, 2024, the ROE drastically decreased to 0.81%.
This declining ROE trend may indicate challenges in generating profits relative to the shareholders' equity invested in the company. It suggests that Cable One Inc may be facing difficulties in efficiently utilizing its equity to generate returns for its shareholders. Further analysis into the factors impacting profitability and equity efficiency may be necessary to address this declining trend and improve the company's financial performance.
Peer comparison
Dec 31, 2024