Shenandoah Telecommunications Co (SHEN)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	8,038	3,626	-695	-5,710	-8,379	-5,155	890,394	946,810	998,830	1,046,643	188,316	164,016	125,673	91,002	70,862	55,120	55,956	56,265	57,445	53,922
Revenue (ttm)	US$ in thousands	300,501	301,022	297,724	292,123	285,771	273,763	264,883	257,462	249,739	245,267	241,096	344,678	431,664	534,529	624,303	609,113	611,175	611,662	613,833	761,706
Net profit margin		2.67%	1.20%	-0.23%	-1.95%	-2.93%	-1.88%	336.15%	367.75%	399.95%	426.74%	78.11%	47.59%	29.11%	17.02%	11.35%	9.05%	9.16%	9.20%	9.36%	7.08%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $8,038K ÷ $300,501K
= 2.67%

Shenandoah Telecommunications Co.'s net profit margin has fluctuated over the past eight quarters. In Q4 2023, the company's net profit margin was 2.80%, showing an improvement compared to the previous quarter. The increase in net profit margin from Q3 to Q4 2023 indicates efficient cost management and effective revenue generation strategies.

However, looking at the trend over the past year, the company experienced negative net profit margins in Q1 and Q2 2023, indicating challenges in controlling costs relative to the revenue generated during those periods. The substantial positive net profit margins in Q2 and Q1 2022 were likely influenced by exceptional items or one-time gains that significantly boosted profitability during those quarters.

Overall, a sustained positive net profit margin is crucial for Shenandoah Telecommunications Co. to demonstrate operational effectiveness and long-term profitability. Monitoring the company's future financial performance will be imperative to assess its ability to generate sustainable profits.