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Shenandoah Telecommunications (SHEN) Financials

Shenandoah Telecommunications logo
$12.73 -0.23 (-1.77%)
Closing price 04/25/2025 04:00 PM Eastern
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$12.73 0.00 (0.00%)
As of 04/25/2025 04:20 PM Eastern
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Annual Income Statements for Shenandoah Telecommunications

Annual Income Statements for Shenandoah Telecommunications

This table shows Shenandoah Telecommunications' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-8.38 8.04 190
Consolidated Net Income / (Loss)
-8.38 8.04 194
Net Income / (Loss) Continuing Operations
-15 1.02 -28
Total Pre-Tax Income
-19 1.52 -38
Total Operating Income
-17 0.14 -29
Total Gross Profit
147 168 200
Total Revenue
249 269 328
Operating Revenue
249 269 328
Total Cost of Revenue
102 101 128
Operating Cost of Revenue
102 101 128
Total Operating Expenses
164 168 229
Selling, General & Admin Expense
91 99 115
Depreciation Expense
66 63 98
Impairment Charge
5.24 2.55 0.38
Restructuring Charge
1.25 2.92 15
Total Other Income / (Expense), net
-1.36 1.38 -9.44
Interest Expense
1.58 4.21 16
Other Income / (Expense), net
0.22 5.59 6.46
Income Tax Expense
-3.40 0.50 -9.67
Net Income / (Loss) Discontinued Operations
7.04 7.02 222
Preferred Stock Dividends Declared
- - 3.43
Basic Earnings per Share
($0.17) $0.16 $3.54
Weighted Average Basic Shares Outstanding
50.16M 50.40M 53.72M
Diluted Earnings per Share
($0.17) $0.16 $3.54
Weighted Average Diluted Shares Outstanding
50.16M 50.72M 53.72M
Weighted Average Basic & Diluted Shares Outstanding
50.20M 50.27M 54.67M
Cash Dividends to Common per Share
$0.08 $0.09 $0.10

Quarterly Income Statements for Shenandoah Telecommunications

This table shows Shenandoah Telecommunications' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-2.73 -1.82 2.07 1.79 1.59 2.59 215 -13 -6.90 -4.54
Consolidated Net Income / (Loss)
-2.73 -1.82 2.07 1.79 1.59 2.59 215 -13 -5.26 -2.74
Net Income / (Loss) Continuing Operations
-2.73 -8.86 0.74 -1.40 -0.18 1.86 -4.09 -13 -5.30 -6.19
Total Pre-Tax Income
-2.98 -12 1.42 0.06 0.22 -0.18 -5.12 -18 -6.85 -8.09
Total Operating Income
-1.77 -12 0.31 -0.12 -0.61 0.56 -2.78 -16 -4.18 -5.75
Total Gross Profit
39 30 42 42 41 44 43 51 53 52
Total Revenue
67 52 67 67 67 68 69 86 88 85
Operating Revenue
67 52 67 67 67 68 69 86 88 85
Total Cost of Revenue
27 22 25 25 26 24 26 35 34 33
Operating Cost of Revenue
27 22 25 25 26 24 26 35 34 33
Total Operating Expenses
41 42 41 42 42 43 46 67 57 58
Selling, General & Admin Expense
22 22 26 25 23 25 29 30 28 28
Depreciation Expense
18 19 15 16 16 16 17 26 28 28
Total Other Income / (Expense), net
-1.21 0.61 1.12 0.18 0.83 -0.75 -2.34 -2.09 -2.67 -2.34
Interest Expense
- - 0.39 0.91 1.20 1.72 4.08 4.00 3.67 4.16
Other Income / (Expense), net
-1.21 2.18 1.51 1.08 2.02 0.97 1.74 1.91 1.00 1.82
Income Tax Expense
-0.25 -2.70 0.68 1.46 0.40 -2.04 -1.03 -5.20 -1.54 -1.90
Net Income / (Loss) Discontinued Operations
- - 1.33 3.19 1.78 0.73 219 -0.10 0.04 3.45
Basic Earnings per Share
($0.05) ($0.05) $0.04 $0.04 $0.03 $0.05 $4.25 ($0.24) ($0.13) ($0.34)
Weighted Average Basic Shares Outstanding
50.18M 50.16M 50.29M 50.37M 50.38M 50.40M 50.52M 54.73M 54.78M 53.72M
Diluted Earnings per Share
($0.05) ($0.05) $0.04 $0.04 $0.03 $0.05 $4.21 ($0.24) ($0.13) ($0.30)
Weighted Average Diluted Shares Outstanding
50.18M 50.16M 50.51M 50.37M 50.38M 50.72M 51.01M 54.73M 54.78M 53.72M
Weighted Average Basic & Diluted Shares Outstanding
50.10M 50.20M 50.25M 50.26M 50.26M 50.27M 54.55M 54.57M 54.60M 54.67M

Annual Cash Flow Statements for Shenandoah Telecommunications

This table details how cash moves in and out of Shenandoah Telecommunications' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents
-40 95 -93
Net Cash From Operating Activities
75 114 63
Net Cash From Continuing Operating Activities
65 104 69
Net Income / (Loss) Continuing Operations
-15 1.02 -28
Consolidated Net Income / (Loss)
-8.38 8.04 194
Net Income / (Loss) Discontinued Operations
7.04 7.02 222
Depreciation Expense
66 63 97
Amortization Expense
0.72 0.49 1.55
Non-Cash Adjustments To Reconcile Net Income
16 14 12
Changes in Operating Assets and Liabilities, net
-1.38 26 -13
Net Cash From Discontinued Operating Activities
9.47 9.44 -6.81
Net Cash From Investing Activities
-184 -237 -339
Net Cash From Continuing Investing Activities
-184 -235 -645
Purchase of Property, Plant & Equipment
-189 -255 -319
Acquisitions
0.00 0.00 -347
Sale of Property, Plant & Equipment
1.43 0.66 2.01
Divestitures
0.00 17 0.00
Other Investing Activities, net
4.00 1.90 19
Net Cash From Discontinued Investing Activities
-0.62 -1.48 306
Net Cash From Financing Activities
69 218 184
Net Cash From Continuing Financing Activities
69 218 184
Repayment of Debt
-0.93 -0.98 -13
Payment of Dividends
-3.99 -4.52 -5.81
Issuance of Debt
75 225 125
Other Financing Activities, net
-1.08 -1.39 78
Cash Interest Paid
0.58 3.03 12

Quarterly Cash Flow Statements for Shenandoah Telecommunications

This table details how cash moves in and out of Shenandoah Telecommunications' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-0.30 11 4.34 -22 9.66 103 250 -346 -0.68 3.17
Net Cash From Operating Activities
17 19 48 21 22 22 15 2.54 24 21
Net Cash From Continuing Operating Activities
17 9.22 46 18 19 22 13 10 25 21
Net Income / (Loss) Continuing Operations
-2.73 -8.86 0.74 -1.40 -0.18 1.86 -4.09 -13 -5.30 -6.19
Consolidated Net Income / (Loss)
-2.73 -1.82 2.07 1.79 1.59 2.59 215 -13 -5.26 -2.74
Net Income / (Loss) Discontinued Operations
- - 1.33 3.19 1.78 0.73 219 -0.10 0.04 3.45
Depreciation Expense
18 19 15 16 16 16 17 26 28 26
Non-Cash Adjustments To Reconcile Net Income
3.50 2.31 4.10 4.38 2.94 2.68 4.72 2.78 1.87 2.98
Changes in Operating Assets and Liabilities, net
-1.16 -3.70 26 -0.82 -0.09 1.18 -5.16 -5.33 0.96 -3.54
Net Cash From Discontinued Operating Activities
- - 2.64 3.67 3.10 0.04 2.24 -7.72 -0.93 -0.41
Net Cash From Investing Activities
-42 -54 -68 -68 -37 -64 238 -422 -72 -84
Net Cash From Continuing Investing Activities
-42 -53 -67 -67 -36 -64 -67 -422 -72 -84
Purchase of Property, Plant & Equipment
-44 -57 -67 -68 -54 -66 -70 -81 -76 -93
Sale of Property, Plant & Equipment
0.64 0.51 0.10 0.41 0.06 0.09 0.00 1.72 0.13 0.16
Other Investing Activities, net
- - 0.00 0.11 0.34 1.46 2.71 4.94 3.44 8.14
Net Cash From Financing Activities
24 46 24 25 25 145 -3.16 73 47 67
Net Cash From Continuing Financing Activities
24 46 24 25 25 145 -3.16 73 47 67
Repayment of Debt
-0.42 -0.04 -0.26 -0.33 -0.39 - -1.71 -6.05 -2.99 -2.25
Issuance of Debt
25 50 25 25 25 150 0.00 - 50 75
Other Financing Activities, net
-0.15 -0.09 -1.16 -0.16 - -0.07 -1.46 79 - -0.06
Cash Interest Paid
0.24 0.34 1.33 -0.49 0.79 1.39 5.26 1.26 2.41 3.14

Annual Balance Sheets for Shenandoah Telecommunications

This table presents Shenandoah Telecommunications' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets
978 1,214 1,740
Total Current Assets
129 176 95
Cash & Equivalents
44 139 46
Accounts Receivable
21 20 30
Prepaid Expenses
12 12 17
Current Deferred & Refundable Income Taxes
30 4.69 1.24
Other Current Nonoperating Assets
23 0.56 0.00
Plant, Property, & Equipment, net
688 850 1,439
Total Noncurrent Assets
162 188 207
Long-Term Investments
13 13 16
Goodwill
82 81 158
Other Noncurrent Operating Assets
67 25 34
Other Noncurrent Nonoperating Assets
- 69 0.00
Total Liabilities & Shareholders' Equity
978 1,214 1,740
Total Liabilities
340 562 739
Total Current Liabilities
96 98 115
Short-Term Debt
0.65 7.10 9.20
Accounts Payable
49 54 58
Accrued Expenses
28 19 28
Current Deferred Revenue
12 12 16
Other Current Liabilities
2.83 2.22 3.06
Other Current Nonoperating Liabilities
3.82 3.60 0.00
Total Noncurrent Liabilities
243 463 625
Long-Term Debt
74 293 408
Noncurrent Deferred Revenue
50 7.19 11
Noncurrent Deferred & Payable Income Tax Liabilities
85 88 168
Noncurrent Employee Benefit Liabilities
3.76 3.94 4.95
Other Noncurrent Operating Liabilities
20 17 34
Other Noncurrent Nonoperating Liabilities
- 54 0.00
Commitments & Contingencies
0.00 0.00 0.00
Redeemable Noncontrolling Interest
- 0.00 82
Total Equity & Noncontrolling Interests
638 653 919
Total Preferred & Common Equity
638 653 919
Total Common Equity
638 653 919
Common Stock
57 67 148
Retained Earnings
581 584 769
Accumulated Other Comprehensive Income / (Loss)
0.00 1.67 1.85

Quarterly Balance Sheets for Shenandoah Telecommunications

This table presents Shenandoah Telecommunications' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
922 1,007 1,027 1,059 1,446 1,656 1,695
Total Current Assets
118 105 79 74 426 100 98
Cash & Equivalents
33 48 26 36 390 44 43
Accounts Receivable
24 16 15 19 18 30 33
Prepaid Expenses
12 13 13 14 15 21 17
Current Deferred & Refundable Income Taxes
29 5.08 4.65 4.65 2.62 5.54 4.70
Other Current Nonoperating Assets
20 22 20 0.60 0.56 0.00 0.00
Plant, Property, & Equipment, net
641 740 786 822 896 1,337 1,385
Total Noncurrent Assets
163 163 162 162 124 220 212
Long-Term Investments
13 13 13 13 13 15 15
Goodwill
82 81 81 81 81 169 163
Other Noncurrent Operating Assets
69 68 68 68 29 35 34
Other Noncurrent Nonoperating Assets
0.00 - - - 0.00 0.00 0.00
Total Liabilities & Shareholders' Equity
922 1,007 1,027 1,059 1,446 1,656 1,695
Total Liabilities
280 364 378 404 574 644 688
Total Current Liabilities
79 92 82 84 91 112 123
Short-Term Debt
0.11 1.30 1.06 2.41 7.88 8.73 8.63
Accounts Payable
36 49 41 43 50 58 66
Accrued Expenses
25 23 20 22 18 28 30
Current Deferred Revenue
11 12 12 13 12 15 15
Other Current Liabilities
2.96 2.95 3.08 3.13 2.27 3.14 3.32
Other Current Nonoperating Liabilities
3.83 3.82 3.80 0.00 0.00 0.00 0.00
Total Noncurrent Liabilities
201 272 296 320 483 532 565
Long-Term Debt
25 99 124 147 291 289 336
Noncurrent Deferred Revenue
52 52 50 50 8.36 11 12
Noncurrent Deferred & Payable Income Tax Liabilities
85 86 88 89 164 186 182
Noncurrent Employee Benefit Liabilities
7.71 3.89 4.04 3.97 4.16 4.97 5.09
Other Noncurrent Operating Liabilities
22 21 20 20 16 41 31
Other Noncurrent Nonoperating Liabilities
0.00 - - - 0.00 0.00 0.00
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
- - - - - 79 81
Total Equity & Noncontrolling Interests
643 643 649 654 872 933 925
Total Preferred & Common Equity
643 643 649 654 872 933 925
Total Common Equity
643 643 649 654 872 933 925
Common Stock
56 60 63 65 70 144 145
Retained Earnings
586 583 584 586 799 786 779
Accumulated Other Comprehensive Income / (Loss)
- - 2.13 3.24 3.26 3.41 1.00

Annual Metrics and Ratios for Shenandoah Telecommunications

This table displays calculated financial ratios and metrics derived from Shenandoah Telecommunications' official financial filings.

Metric 2022 2023 2024
Growth Metrics
- - -
Revenue Growth
1.50% 8.12% 21.90%
EBITDA Growth
-19.85% 40.32% 10.46%
EBIT Growth
-376.52% 133.23% -486.28%
NOPAT Growth
-295.42% 100.78% -21,144.13%
Net Income Growth
-100.84% 195.93% 2,311.26%
EPS Growth
-100.85% 194.12% 2,112.50%
Operating Cash Flow Growth
129.85% 51.91% -45.01%
Free Cash Flow Firm Growth
38.94% -43.92% -288.49%
Invested Capital Growth
17.06% 23.75% 71.97%
Revenue Q/Q Growth
-4.25% -0.77% -0.23%
EBITDA Q/Q Growth
-3.67% -1.78% -1.23%
EBIT Q/Q Growth
-80.21% 167.46% -94.52%
NOPAT Q/Q Growth
-32.35% 104.39% -123.52%
Net Income Q/Q Growth
-62.57% 121.68% -2.68%
EPS Q/Q Growth
-70.00% 166.67% -9.00%
Operating Cash Flow Q/Q Growth
121.56% 3.08% -2.32%
Free Cash Flow Firm Q/Q Growth
79.48% -0.02% -7.48%
Invested Capital Q/Q Growth
5.18% 4.46% 4.91%
Profitability Metrics
- - -
Gross Margin
58.91% 62.53% 60.95%
EBITDA Margin
19.78% 25.67% 23.27%
Operating Margin
-7.01% 0.05% -8.72%
EBIT Margin
-6.93% 2.13% -6.75%
Profit (Net Income) Margin
-3.37% 2.99% 59.08%
Tax Burden Percent
44.53% 529.86% -509.68%
Interest Burden Percent
109.15% 26.48% 171.83%
Effective Tax Rate
0.00% 33.03% 0.00%
Return on Invested Capital (ROIC)
-2.07% 0.01% -1.87%
ROIC Less NNEP Spread (ROIC-NNEP)
-9.84% 11.79% 85.29%
Return on Net Nonoperating Assets (RNNOA)
0.76% 1.23% 25.31%
Return on Equity (ROE)
-1.31% 1.25% 23.44%
Cash Return on Invested Capital (CROIC)
-17.79% -21.22% -54.79%
Operating Return on Assets (OROA)
-1.85% 0.52% -1.50%
Return on Assets (ROA)
-0.90% 0.73% 13.12%
Return on Common Equity (ROCE)
-1.31% 1.25% 22.27%
Return on Equity Simple (ROE_SIMPLE)
-1.31% 1.23% 21.10%
Net Operating Profit after Tax (NOPAT)
-12 0.10 -20
NOPAT Margin
-4.91% 0.04% -6.10%
Net Nonoperating Expense Percent (NNEP)
7.77% -11.78% -87.16%
Return On Investment Capital (ROIC_SIMPLE)
-1.71% 0.01% -1.50%
Cost of Revenue to Revenue
41.09% 37.47% 39.05%
SG&A Expenses to Revenue
36.60% 36.90% 35.11%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
65.92% 62.47% 69.66%
Earnings before Interest and Taxes (EBIT)
-17 5.73 -22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
49 69 76
Valuation Ratios
- - -
Price to Book Value (P/BV)
1.23 1.65 0.75
Price to Tangible Book Value (P/TBV)
1.41 1.89 0.90
Price to Revenue (P/Rev)
3.16 4.01 2.10
Price to Earnings (P/E)
0.00 134.25 3.62
Dividend Yield
0.51% 0.42% 0.79%
Earnings Yield
0.00% 0.74% 27.65%
Enterprise Value to Invested Capital (EV/IC)
1.26 1.56 0.83
Enterprise Value to Revenue (EV/Rev)
3.23 4.56 3.43
Enterprise Value to EBITDA (EV/EBITDA)
16.35 17.75 14.75
Enterprise Value to EBIT (EV/EBIT)
0.00 214.09 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 12,896.88 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
10.75 10.78 18.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
0.12 0.46 0.42
Long-Term Debt to Equity
0.12 0.45 0.41
Financial Leverage
-0.08 0.10 0.30
Leverage Ratio
1.46 1.70 1.79
Compound Leverage Factor
1.59 0.45 3.07
Debt to Total Capital
10.51% 31.48% 29.40%
Short-Term Debt to Total Capital
0.09% 0.74% 0.65%
Long-Term Debt to Total Capital
10.42% 30.74% 28.75%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 5.82%
Common Equity to Total Capital
89.49% 68.52% 64.78%
Debt to EBITDA
1.52 4.34 5.46
Net Debt to EBITDA
0.36 2.13 4.65
Long-Term Debt to EBITDA
1.51 4.24 5.34
Debt to NOPAT
-6.13 3,153.40 -20.83
Net Debt to NOPAT
-1.47 1,550.37 -17.73
Long-Term Debt to NOPAT
-6.08 3,078.79 -20.37
Altman Z-Score
2.46 2.14 1.31
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 4.99%
Liquidity Ratios
- - -
Current Ratio
1.33 1.79 0.83
Quick Ratio
0.67 1.62 0.66
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-105 -151 -588
Operating Cash Flow to CapEx
39.93% 44.72% 19.73%
Free Cash Flow to Firm to Interest Expense
-66.63 -35.90 -36.96
Operating Cash Flow to Interest Expense
47.49 27.01 3.94
Operating Cash Flow Less CapEx to Interest Expense
-71.44 -33.39 -16.01
Efficiency Ratios
- - -
Asset Turnover
0.27 0.25 0.22
Accounts Receivable Turnover
11.68 13.32 13.25
Inventory Turnover
0.00 0.00 0.00
Fixed Asset Turnover
0.40 0.35 0.29
Accounts Payable Turnover
2.63 1.96 2.30
Days Sales Outstanding (DSO)
31.25 27.39 27.54
Days Inventory Outstanding (DIO)
0.00 0.00 0.00
Days Payable Outstanding (DPO)
138.67 185.88 158.64
Cash Conversion Cycle (CCC)
-107.42 -158.49 -131.11
Capital & Investment Metrics
- - -
Invested Capital
637 788 1,356
Invested Capital Turnover
0.42 0.38 0.31
Increase / (Decrease) in Invested Capital
93 151 567
Enterprise Value (EV)
805 1,227 1,126
Market Capitalization
787 1,079 689
Book Value per Share
$12.74 $12.98 $16.82
Tangible Book Value per Share
$11.11 $11.37 $13.93
Total Capital
713 953 1,418
Total Debt
75 300 417
Total Long-Term Debt
74 293 408
Net Debt
18 147 355
Capital Expenditures (CapEx)
188 254 317
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-11 -54 -57
Debt-free Net Working Capital (DFNWC)
33 85 -11
Net Working Capital (NWC)
32 78 -20
Net Nonoperating Expense (NNE)
-3.84 -7.94 -214
Net Nonoperating Obligations (NNO)
-0.88 136 355
Total Depreciation and Amortization (D&A)
66 63 98
Debt-free, Cash-free Net Working Capital to Revenue
-4.53% -20.23% -17.41%
Debt-free Net Working Capital to Revenue
13.17% 31.51% -3.31%
Net Working Capital to Revenue
12.91% 28.88% -6.11%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.17) $0.16 $3.54
Adjusted Weighted Average Basic Shares Outstanding
50.16M 50.40M 53.72M
Adjusted Diluted Earnings per Share
($0.17) $0.16 $3.54
Adjusted Weighted Average Diluted Shares Outstanding
50.16M 50.72M 53.72M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
50.20M 50.27M 54.67M
Normalized Net Operating Profit after Tax (NOPAT)
-7.67 3.76 -9.59
Normalized NOPAT Margin
-3.08% 1.40% -2.92%
Pre Tax Income Margin
-7.56% 0.56% -11.59%
Debt Service Ratios
- - -
EBIT to Interest Expense
-10.93 1.36 -1.39
NOPAT to Interest Expense
-7.75 0.02 -1.26
EBIT Less CapEx to Interest Expense
-129.86 -59.04 -21.34
NOPAT Less CapEx to Interest Expense
-126.68 -60.38 -21.20
Payout Ratios
- - -
Dividend Payout Ratio
-47.63% 56.27% 3.00%
Augmented Payout Ratio
-47.63% 56.27% 3.00%

Quarterly Metrics and Ratios for Shenandoah Telecommunications

This table displays calculated financial ratios and metrics derived from Shenandoah Telecommunications' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
7.52% -17.65% 4.27% 0.94% 0.72% 31.74% 3.10% 28.74% 29.95% 25.77%
EBITDA Growth
-2.25% -22.86% 20.87% 54.88% 17.73% 98.25% -3.99% -30.15% 39.74% 28.16%
EBIT Growth
-401.21% -331.92% 430.00% 125.87% 147.47% 115.38% -157.30% -1,549.90% -324.75% -356.18%
NOPAT Growth
-122.18% -54.01% 159.90% 227.51% 141.69% 104.64% -1,319.50% -497.13% -665.63% -1,120.21%
Net Income Growth
-100.31% -230.03% 442.62% 155.50% 158.39% 242.02% 10,291.87% -819.11% -430.38% -205.99%
EPS Growth
-100.28% -350.00% 500.00% 166.67% 160.00% 200.00% 10,425.00% -700.00% -533.33% -700.00%
Operating Cash Flow Growth
3,301.65% 104.63% 200.78% -5.22% 25.22% 18.16% -68.63% -88.17% 10.89% -6.74%
Free Cash Flow Firm Growth
-285.28% 41.92% 52.52% 17.51% 70.54% -48.88% -24.00% -302.01% -264.01% -278.67%
Invested Capital Growth
489.19% 17.06% 14.82% 23.72% 24.60% 23.75% 15.68% 73.97% 71.24% 71.97%
Revenue Q/Q Growth
1.37% -22.97% -4.07% -0.78% 1.15% 0.75% -15.27% 23.90% 2.10% -2.50%
EBITDA Q/Q Growth
38.87% -41.15% -10.63% -2.77% 5.56% -0.90% -26.32% -29.27% 111.20% -9.11%
EBIT Q/Q Growth
20.05% -235.21% 188.49% -46.89% 46.68% 8.63% -117.57% -1,243.94% 77.26% -23.82%
NOPAT Q/Q Growth
43.54% -587.07% 108.53% 1,657.21% -81.54% -23.61% -124.83% -472.23% 73.71% -37.79%
Net Income Q/Q Growth
15.41% 33.17% 213.33% -13.36% -11.01% 62.52% 8,192.62% -106.00% 59.11% 47.86%
EPS Q/Q Growth
16.67% 0.00% 180.00% 0.00% -25.00% 66.67% 8,320.00% -105.70% 45.83% -130.77%
Operating Cash Flow Q/Q Growth
-22.85% 6.92% 158.56% -55.56% 1.92% 0.90% -31.37% -83.24% 855.21% -15.15%
Free Cash Flow Firm Q/Q Growth
-207.93% 79.89% 9.87% -58.18% -9.96% -1.63% 27.48% -412.84% 0.43% -5.72%
Invested Capital Q/Q Growth
4.23% 5.18% 4.00% 8.51% 4.98% 4.46% -3.09% 63.18% 3.33% 4.91%
Profitability Metrics
- - - - - - - - - -
Gross Margin
58.94% 57.89% 62.14% 62.86% 61.03% 64.07% 62.48% 59.74% 60.71% 61.16%
EBITDA Margin
22.26% 17.00% 25.44% 24.93% 26.01% 25.59% 23.69% 13.52% 27.97% 26.07%
Operating Margin
-2.65% -23.60% 0.46% -0.18% -0.90% 0.83% -4.01% -18.51% -4.77% -6.74%
EBIT Margin
-4.45% -19.37% 2.70% 1.45% 2.10% 2.26% -1.50% -16.29% -3.63% -4.61%
Profit (Net Income) Margin
-4.08% -3.54% 3.08% 2.69% 2.36% 3.81% 310.04% -15.00% -6.01% -3.21%
Tax Burden Percent
91.57% 15.77% 145.19% 3,033.90% 737.50% -1,430.39% -4,196.56% 71.62% 76.88% 33.91%
Interest Burden Percent
100.00% 115.79% 78.40% 6.12% 15.28% -11.78% 491.92% 128.59% 215.42% 205.64%
Effective Tax Rate
0.00% 0.00% 47.93% 2,472.88% 184.72% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-1.36% -6.96% 0.10% 1.75% 0.31% 0.22% -1.14% -4.06% -1.07% -1.44%
ROIC Less NNEP Spread (ROIC-NNEP)
-0.85% -20.50% -7.94% -25.61% 3.69% 3.47% -509.18% -5.20% -2.28% -0.92%
Return on Net Nonoperating Assets (RNNOA)
0.38% 1.58% 0.29% -0.15% 0.18% 0.36% 28.67% -0.96% -0.53% -0.27%
Return on Equity (ROE)
-0.98% -5.38% 0.40% 1.60% 0.49% 0.58% 27.54% -5.02% -1.60% -1.72%
Cash Return on Invested Capital (CROIC)
-144.57% -17.79% -14.62% -21.66% -22.23% -21.22% -13.89% -54.65% -53.40% -54.79%
Operating Return on Assets (OROA)
-1.04% -5.16% 0.77% 0.41% 0.57% 0.56% -0.35% -3.75% -0.87% -1.02%
Return on Assets (ROA)
-0.96% -0.94% 0.88% 0.76% 0.65% 0.94% 73.18% -3.45% -1.43% -0.71%
Return on Common Equity (ROCE)
-0.98% -5.38% 0.40% 1.60% 0.49% 0.58% 27.54% -4.78% -1.53% -1.63%
Return on Equity Simple (ROE_SIMPLE)
-0.80% 0.00% -0.89% -0.11% 0.55% 0.00% 25.32% 22.08% 21.52% 0.00%
Net Operating Profit after Tax (NOPAT)
-1.24 -8.52 0.16 2.80 0.52 0.39 -1.94 -11 -2.92 -4.03
NOPAT Margin
-1.85% -16.52% 0.24% 4.20% 0.77% 0.58% -2.81% -12.96% -3.34% -4.72%
Net Nonoperating Expense Percent (NNEP)
-0.51% 13.54% 8.04% 27.36% -3.38% -3.25% 508.05% 1.14% 1.21% -0.52%
Return On Investment Capital (ROIC_SIMPLE)
- -1.19% - - - 0.04% - - - -0.30%
Cost of Revenue to Revenue
41.06% 42.11% 37.86% 37.14% 38.97% 35.93% 37.52% 40.26% 39.29% 38.84%
SG&A Expenses to Revenue
33.21% 42.72% 38.95% 37.57% 34.05% 37.04% 41.30% 35.24% 31.97% 33.19%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
61.59% 81.50% 61.68% 63.03% 61.94% 63.24% 66.48% 78.26% 65.48% 67.90%
Earnings before Interest and Taxes (EBIT)
-2.98 -9.99 1.82 0.96 1.41 1.54 -1.04 -14 -3.18 -3.94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
15 8.77 17 17 18 17 16 12 25 22
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.32 1.23 1.48 1.50 1.57 1.65 1.00 0.95 0.83 0.75
Price to Tangible Book Value (P/TBV)
1.51 1.41 1.69 1.71 1.79 1.89 1.10 1.17 1.00 0.90
Price to Revenue (P/Rev)
3.25 3.16 3.52 3.59 3.78 4.01 3.02 2.89 2.33 2.10
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 282.66 134.25 3.96 4.32 3.87 3.62
Dividend Yield
111.47% 0.51% 0.42% 0.41% 0.39% 0.42% 0.52% 0.55% 0.64% 0.79%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.35% 0.74% 25.27% 23.13% 25.83% 27.65%
Enterprise Value to Invested Capital (EV/IC)
1.36 1.26 1.49 1.47 1.49 1.56 1.00 0.97 0.88 0.83
Enterprise Value to Revenue (EV/Rev)
3.17 3.23 3.66 3.91 4.15 4.56 2.66 3.92 3.44 3.43
Enterprise Value to EBITDA (EV/EBITDA)
16.13 16.35 16.01 15.63 16.01 17.75 10.21 17.19 14.65 14.75
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 525.65 214.09 94.23 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 12,896.88 163.82 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 10.75 9.24 9.99 10.20 10.78 9.53 19.60 17.67 18.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.04 0.12 0.16 0.19 0.23 0.46 0.34 0.29 0.34 0.42
Long-Term Debt to Equity
0.04 0.12 0.15 0.19 0.23 0.45 0.33 0.29 0.33 0.41
Financial Leverage
-0.45 -0.08 -0.04 0.01 0.05 0.10 -0.06 0.19 0.23 0.30
Leverage Ratio
1.72 1.46 1.47 1.48 1.53 1.70 1.62 1.61 1.66 1.79
Compound Leverage Factor
1.72 1.69 1.15 0.09 0.23 -0.20 7.97 2.08 3.57 3.67
Debt to Total Capital
3.74% 10.51% 13.46% 16.12% 18.64% 31.48% 25.52% 22.70% 25.51% 29.40%
Short-Term Debt to Total Capital
0.02% 0.09% 0.18% 0.14% 0.30% 0.74% 0.67% 0.67% 0.64% 0.65%
Long-Term Debt to Total Capital
3.73% 10.42% 13.28% 15.99% 18.34% 30.74% 24.84% 22.03% 24.87% 28.75%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.06% 6.00% 5.82%
Common Equity to Total Capital
96.26% 89.49% 86.54% 83.88% 81.36% 68.52% 74.48% 71.24% 68.50% 64.78%
Debt to EBITDA
0.49 1.52 1.62 1.84 2.13 4.34 3.96 4.23 4.46 5.46
Net Debt to EBITDA
-0.41 0.36 0.62 1.26 1.44 2.13 -1.39 3.39 3.70 4.65
Long-Term Debt to EBITDA
0.49 1.51 1.60 1.83 2.10 4.24 3.86 4.10 4.35 5.34
Debt to NOPAT
-2.71 -6.13 -19.64 -41.94 -69.26 3,153.40 63.65 -46.04 -38.48 -20.83
Net Debt to NOPAT
2.26 -1.47 -7.55 -28.73 -46.67 1,550.37 -22.28 -36.92 -31.95 -17.73
Long-Term Debt to NOPAT
-2.69 -6.08 -19.38 -41.58 -68.15 3,078.79 61.97 -44.69 -37.52 -20.37
Altman Z-Score
3.02 2.48 2.67 2.60 2.55 2.13 2.16 1.64 1.48 1.34
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.78% 4.88% 4.99%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.49 1.33 1.13 0.96 0.88 1.79 4.68 0.89 0.79 0.83
Quick Ratio
0.72 0.67 0.70 0.51 0.65 1.62 4.48 0.66 0.61 0.66
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-504 -101 -85 -135 -149 -151 -106 -543 -541 -572
Operating Cash Flow to CapEx
40.65% 33.30% 71.73% 31.87% 40.52% 33.65% 21.64% 3.21% 32.19% 22.28%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 -217.81 -149.24 -123.97 -87.90 -25.97 -135.87 -147.38 -137.48
Operating Cash Flow to Interest Expense
0.00 0.00 123.28 23.73 18.27 12.86 3.72 0.64 6.62 4.95
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 -48.58 -50.73 -26.82 -25.37 -13.47 -19.17 -13.94 -17.29
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.23 0.27 0.29 0.28 0.27 0.25 0.24 0.23 0.24 0.22
Accounts Receivable Turnover
10.69 11.68 17.09 16.82 12.78 13.32 16.99 13.72 12.80 13.25
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.45 0.40 0.41 0.39 0.37 0.35 0.35 0.29 0.30 0.29
Accounts Payable Turnover
4.09 2.63 3.04 2.94 2.61 1.96 2.15 2.35 2.28 2.30
Days Sales Outstanding (DSO)
34.13 31.25 21.36 21.70 28.56 27.39 21.49 26.60 28.52 27.54
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
89.15 138.67 120.22 124.35 139.75 185.88 169.58 155.10 160.12 158.64
Cash Conversion Cycle (CCC)
-55.02 -107.42 -98.86 -102.64 -111.19 -158.49 -148.09 -128.50 -131.60 -131.11
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
606 637 663 719 755 788 767 1,251 1,292 1,356
Invested Capital Turnover
0.73 0.42 0.44 0.42 0.40 0.38 0.41 0.31 0.32 0.31
Increase / (Decrease) in Invested Capital
503 93 86 138 149 151 104 532 538 567
Enterprise Value (EV)
825 805 990 1,058 1,126 1,227 769 1,209 1,132 1,126
Market Capitalization
846 787 951 973 1,025 1,079 873 891 765 689
Book Value per Share
$12.83 $12.74 $12.80 $12.92 $13.02 $12.98 $17.25 $17.11 $16.96 $16.82
Tangible Book Value per Share
$11.20 $11.11 $11.18 $11.31 $11.40 $11.37 $15.65 $14.00 $13.97 $13.93
Total Capital
667 713 743 774 804 953 1,170 1,310 1,351 1,418
Total Debt
25 75 100 125 150 300 299 297 345 417
Total Long-Term Debt
25 74 99 124 147 293 291 289 336 408
Net Debt
-21 18 38 86 101 147 -105 238 286 355
Capital Expenditures (CapEx)
43 56 67 67 54 66 70 79 75 92
Debt-free, Cash-free Net Working Capital (DFCFNWC)
5.87 -11 -35 -28 -44 -54 -47 -48 -60 -57
Debt-free Net Working Capital (DFNWC)
39 33 14 -1.86 -7.56 85 343 -3.84 -17 -11
Net Working Capital (NWC)
39 32 12 -2.92 -9.97 78 335 -13 -26 -20
Net Nonoperating Expense (NNE)
1.49 -6.69 -1.91 1.01 -1.08 -2.19 -217 1.75 2.34 -1.28
Net Nonoperating Obligations (NNO)
-37 -0.88 20 70 100 136 -105 238 286 355
Total Depreciation and Amortization (D&A)
18 19 15 16 16 16 17 26 28 26
Debt-free, Cash-free Net Working Capital to Revenue
2.26% -4.53% -12.89% -10.40% -16.05% -20.23% -16.14% -15.43% -18.28% -17.41%
Debt-free Net Working Capital to Revenue
14.96% 13.17% 5.03% -0.69% -2.79% 31.51% 118.50% -1.24% -5.17% -3.31%
Net Working Capital to Revenue
14.92% 12.91% 4.55% -1.08% -3.67% 28.88% 115.78% -4.07% -7.79% -6.11%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.05) ($0.05) $0.04 $0.04 $0.03 $0.05 $4.25 ($0.24) ($0.13) ($0.34)
Adjusted Weighted Average Basic Shares Outstanding
50.18M 50.16M 50.29M 50.37M 50.38M 50.40M 50.52M 54.73M 54.78M 53.72M
Adjusted Diluted Earnings per Share
($0.05) ($0.05) $0.04 $0.04 $0.03 $0.05 $4.21 ($0.24) ($0.13) ($0.30)
Adjusted Weighted Average Diluted Shares Outstanding
50.18M 50.16M 50.51M 50.69M 50.84M 50.72M 51.01M 54.73M 54.78M 53.72M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
50.10M 50.20M 50.25M 50.26M 50.26M 50.27M 54.55M 54.57M 54.60M 54.67M
Normalized Net Operating Profit after Tax (NOPAT)
-0.46 -8.52 0.16 0.71 1.45 0.39 -1.94 -3.19 -1.75 -4.03
Normalized NOPAT Margin
-0.68% -16.52% 0.24% 1.07% 2.15% 0.58% -2.81% -3.72% -2.00% -4.72%
Pre Tax Income Margin
-4.45% -22.43% 2.12% 0.09% 0.32% -0.27% -7.39% -20.95% -7.82% -9.47%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 4.63 1.07 1.18 0.89 -0.26 -3.50 -0.87 -0.95
NOPAT to Interest Expense
0.00 0.00 0.41 3.09 0.43 0.23 -0.48 -2.78 -0.80 -0.97
EBIT Less CapEx to Interest Expense
0.00 0.00 -167.22 -73.39 -43.91 -37.33 -17.44 -23.30 -21.42 -23.19
NOPAT Less CapEx to Interest Expense
0.00 0.00 -171.45 -71.37 -44.66 -38.00 -17.66 -22.59 -21.36 -23.21
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% -47.63% 0.00% 0.00% 0.00% 56.27% 0.00% 0.00% 0.00% 3.00%
Augmented Payout Ratio
0.00% -47.63% 0.00% 0.00% 0.00% 56.27% 0.00% 0.00% 0.00% 3.00%

Frequently Asked Questions About Shenandoah Telecommunications' Financials

When does Shenandoah Telecommunications's fiscal year end?

According to the most recent income statement we have on file, Shenandoah Telecommunications' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Shenandoah Telecommunications' net income changed over the last 2 years?

Shenandoah Telecommunications' net income appears to be on an upward trend, with a most recent value of $193.82 million in 2024, falling from -$8.38 million in 2022. The previous period was $8.04 million in 2023.

What is Shenandoah Telecommunications's operating income?
Shenandoah Telecommunications's total operating income in 2024 was -$28.59 million, based on the following breakdown:
  • Total Gross Profit: $199.95 million
  • Total Operating Expenses: $228.54 million
How has Shenandoah Telecommunications revenue changed over the last 2 years?

Over the last 2 years, Shenandoah Telecommunications' total revenue changed from $248.91 million in 2022 to $328.06 million in 2024, a change of 31.8%.

How much debt does Shenandoah Telecommunications have?

Shenandoah Telecommunications' total liabilities were at $739.23 million at the end of 2024, a 31.6% increase from 2023, and a 117.6% increase since 2022.

How much cash does Shenandoah Telecommunications have?

In the past 2 years, Shenandoah Telecommunications' cash and equivalents has ranged from $44.06 million in 2022 to $139.26 million in 2023, and is currently $46.27 million as of their latest financial filing in 2024.

How has Shenandoah Telecommunications' book value per share changed over the last 2 years?

Over the last 2 years, Shenandoah Telecommunications' book value per share changed from 12.74 in 2022 to 16.82 in 2024, a change of 32.1%.



This page (NASDAQ:SHEN) was last updated on 4/26/2025 by MarketBeat.com Staff
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