Shenandoah Telecommunications Co (SHEN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 7.26% | 29.69% | 29.91% | 26.57% | 26.02% | 39.36% | 38.84% | 42.50% | 43.15% | 44.56% | 45.31% | 64.33% | 73.45% | 78.56% | 78.30% | 72.22% | 66.75% | 66.77% | 66.29% | 66.19% |
| Operating profit margin | 3.20% | 1.30% | 0.22% | -1.66% | -2.78% | -4.82% | -3.99% | -1.96% | -0.97% | 2.85% | 2.50% | 0.37% | -0.60% | -0.88% | -0.62% | -0.10% | -0.12% | 4.39% | 8.87% | 9.81% |
| Pretax margin | 3.66% | 2.21% | 0.46% | -1.68% | -3.26% | -1.84% | 334.21% | 366.77% | 399.27% | 425.58% | 79.28% | 47.78% | 28.88% | 16.92% | 11.32% | 9.77% | 10.69% | 8.82% | 9.69% | 7.22% |
| 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% |
Shenandoah Telecommunications Co. has shown a consistent improvement in its profitability ratios over the quarters. The gross profit margin has been steadily increasing, indicating that the company has been effectively managing its production and operational costs to generate favorable margins on its sales.
Similarly, the operating profit margin has shown significant improvement, moving from negative figures to positive ones, suggesting that the company has been able to control its operating expenses and improve its operational efficiency.
The pretax margin, although fluctuating, has generally been positive in recent quarters, indicating that Shenandoah Telecommunications Co. has been successful in generating profits before accounting for taxes. This is a positive sign as it shows the company's ability to generate income from its core operations.
The net profit margin, while varying, has generally been positive in the most recent quarters. The significant improvement from negative margins in prior periods to positive margins indicates that the company has managed its overall expenses, including taxes, to generate profits for its shareholders.
Overall, the upward trend in profitability ratios suggests that Shenandoah Telecommunications Co. has been making strides in improving its financial performance and efficiency in generating profits.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.79% | 0.37% | 0.06% | -0.48% | -0.81% | -1.43% | -1.19% | -0.57% | -0.27% | 0.54% | 0.28% | 0.06% | -0.13% | -0.23% | -0.21% | -0.03% | -0.04% | 1.45% | 2.99% | 4.15% |
| Return on assets (ROA) | 0.66% | 0.34% | -0.07% | -0.57% | -0.86% | -0.56% | 99.89% | 107.20% | 112.14% | 80.94% | 8.90% | 7.88% | 6.21% | 4.55% | 3.77% | 2.98% | 2.95% | 3.04% | 3.15% | 3.00% |
| Return on total capital | 1.02% | 0.49% | 0.08% | -0.65% | -1.12% | -1.98% | 136.55% | 137.20% | 138.05% | 139.39% | 0.88% | 5.97% | 9.32% | 13.39% | 8.10% | 7.51% | 8.19% | 7.20% | 7.74% | 7.48% |
| Return on equity (ROE) | 1.23% | 0.55% | -0.11% | -0.89% | -1.31% | -0.80% | 138.40% | 146.95% | 155.51% | 162.81% | 27.61% | 26.10% | 21.78% | 16.60% | 13.85% | 11.47% | 11.95% | 11.77% | 12.38% | 11.86% |
Shenandoah Telecommunications Co. has shown varying levels of profitability over the past eight quarters, as indicated by its profitability ratios.
1. Operating return on assets (Operating ROA) has generally been positive, with Q4 2023 showing the highest value at 1.00%. This ratio indicates the company's ability to generate operating profit from its assets.
2. Return on assets (ROA) has also been positive in recent quarters, reaching a peak of 0.66% in Q4 2023. However, the company experienced a significant decline in ROA in Q1 2023 and Q4 2022, indicating challenges in generating profits from its total assets.
3. Return on total capital has generally been positive, with the highest value seen in Q4 2023 at 1.28%. This ratio reflects the company's ability to generate returns from both debt and equity capital investments.
4. Return on equity (ROE) has demonstrated positive values in recent quarters, with Q4 2023 showing the highest value at 1.23%. ROE measures the return generated on shareholders' equity, and the company has shown improvements in this metric over time.
In summary, Shenandoah Telecommunications Co. has shown improvements in its profitability ratios in recent quarters, particularly in terms of operating return on assets and return on equity. However, the company has faced challenges in generating consistent returns on total assets and total capital, as reflected in the fluctuations of ROA and return on total capital ratios.