Cable One Inc (CABO)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 33,968 | 254,500 | 249,757 | 257,354 | 267,438 | 88,617 | 119,752 | 133,751 | 247,801 | 376,163 | 357,811 | 394,719 | 291,825 | 333,228 | 347,260 | 303,647 | 304,391 | 251,766 | 235,314 | 209,169 |
| Total stockholders’ equity | US$ in thousands | 1,796,030 | 1,884,600 | 1,963,620 | 1,926,740 | 1,873,140 | 1,802,730 | 1,767,740 | 1,742,610 | 1,757,970 | 1,897,130 | 1,905,500 | 1,936,150 | 1,793,100 | 1,731,220 | 1,680,840 | 1,600,650 | 1,495,300 | 1,384,400 | 1,323,550 | 810,891 |
| ROE | 1.89% | 13.50% | 12.72% | 13.36% | 14.28% | 4.92% | 6.77% | 7.68% | 14.10% | 19.83% | 18.78% | 20.39% | 16.27% | 19.25% | 20.66% | 18.97% | 20.36% | 18.19% | 17.78% | 25.79% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $33,968K ÷ $1,796,030K
= 1.89%
The return on equity (ROE) measures the profitability of a company by indicating how effectively it is generating profit from the shareholders' equity. Cable One Inc's ROE has shown fluctuation over the past few years, starting at a strong 25.79% in March 2020 and gradually declining to 1.89% by December 2024.
The company experienced a gradual decrease in ROE from 2020 to 2021, with a peak of 20.66% in June 2021 followed by a slight decline. However, from December 2021 onwards, there was a more significant drop in ROE. Notably, from March 2023 to December 2024, the ROE decreased significantly from 7.68% to 1.89%.
The declining trend in ROE could be a cause for concern as it indicates a reduced ability to generate profits from shareholders' equity. Investors and stakeholders may need further analysis to understand the reasons behind this decline and to assess the company's long-term profitability and financial health. It would be essential to investigate the company's financial performance, capital structure, operational efficiency, and any significant changes in the business environment that may have impacted the ROE.
Peer comparison
Dec 31, 2024