NYSE : CABO
Cable One, Inc. — Financial statements
Communication Services · Telecom Services · United States
Last price 5.46 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 30.98M
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Financial statements
Cable One, Inc. (CABO) reported revenue of 1.44B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.44B | 1.50B | 1.58B | 1.68B | 1.71B | 1.61B |
| Cost of Revenue | 382.50M | 392.10M | 416.82M | 440.92M | 470.92M | 455.35M |
| Gross Profit | 1.06B | 1.11B | 1.16B | 1.24B | 1.24B | 1.15B |
| Selling, General & Admin | 368.56M | 381.13M | 365.96M | 354.66M | 350.31M | 336.26M |
| Operating Expenses | 699.80M | 719.68M | 707.71M | 697.55M | 700.77M | 675.28M |
| Operating Income | 359.33M | 389.64M | 455.01M | 539.61M | 534.36M | 475.20M |
| Interest Expense | -141.60M | -146.27M | -158.00M | -173.52M | -137.74M | -115.58M |
| Interest & Investment Income | 16.00M | 16.30M | 65.20M | 18.60M | 13.70M | 11.58M |
| Earnings From Equity Investments | -367.96M | -137.94M | -204.50M | -113.94M | -42.66M | 468.00K |
| Other Non Operating Income (Expenses) | -478.07M | -39.57M | -105.10M | 27.89M | -39.91M | -48.86M |
| EBT Excluding Unusual Items | -612.30M | 82.16M | 52.62M | 298.64M | 327.74M | 322.81M |
| Merger & Restructuring Charges | -10.80M | |||||
| Impairment of Goodwill | -88.78M | |||||
| Gain (Loss) on Sale of Investments | 59.69M | 70.51M | 199.00K | 11.52M | 330.00K | 33.41M |
| Gain (Loss) on Sale of Assets | 14.00M | -10.98M | -13.13M | -12.71M | 4.63M | -7.83M |
| Asset Writedown | -597.72M | -497.23M | ||||
| Other Unusual Items | 25.84M | |||||
| Pretax Income | -1.11B | -444.32M | 39.68M | 297.46M | 332.71M | 337.59M |
| Income Tax Expense | -60.59M | -87.86M | 25.20M | 72.84M | 119.65M | 45.77M |
| Net Income | -1.05B | -356.46M | 14.48M | 224.62M | 213.06M | 291.82M |
| Net Income to Common | -1.05B | -356.46M | 14.48M | 224.62M | 213.06M | 291.82M |
| Shares Outstanding (Basic) | 5.67M | 5.64M | 5.62M | 5.65M | 5.89M | 6.02M |
| Shares Outstanding (Diluted) | 5.67M | 5.64M | 5.63M | 6.06M | 6.31M | 6.39M |
| EPS (Basic) | -185.22 | -63.21 | 2.58 | 39.76 | 36.16 | 48.49 |
| EPS (Diluted) | -185.23 | -63.21 | 2.57 | 38.08 | 34.73 | 46.49 |
| Free Cash Flow | 252.96M | 278.07M | 377.77M | 292.14M | 323.94M | 312.41M |
| Free Cash Flow Per Share | 44.63 | 49.31 | 67.08 | 48.19 | 51.30 | 48.91 |
| Dividend Per Share | 2.95 | 11.80 | 11.60 | 11.20 | 10.50 | |
| Gross Margin | 73.47% | 73.89% | 73.61% | 73.72% | 72.40% | 71.64% |
| Operating Margin | 24.93% | 25.95% | 28.81% | 32.16% | 31.32% | 29.59% |
| Profit Margin | -72.83% | -23.74% | 0.92% | 13.39% | 12.49% | 18.17% |
| Free Cash Flow Margin | 17.55% | 18.52% | 23.92% | 17.41% | 18.99% | 19.45% |
| EBITDA | 690.57M | 728.19M | 796.77M | 882.50M | 884.82M | 814.23M |
| EBITDA Margin | 47.90% | 48.50% | 50.44% | 52.59% | 51.86% | 50.70% |
| D&A For EBITDA | 331.24M | 338.55M | 341.75M | 342.89M | 350.46M | 339.02M |
| EBIT | 359.33M | 389.64M | 455.01M | 539.61M | 534.36M | 475.20M |
| EBIT Margin | 24.93% | 25.95% | 28.81% | 32.16% | 31.32% | 29.59% |
| Effective Tax Rate | 63.51% | 24.49% | 35.96% | 13.56% | ||
| Advertising Expenses | 53.60M | 53.60M | 51.70M | 42.40M | 40.10M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 166.19M | 152.77M | 153.63M | 190.29M | 215.15M | 388.80M |
| Trading Asset Securities | 15.66M | 9.24M | 17.66M | 24.51M | 25.79M | |
| Cash & Short-Term Investments | 181.85M | 162.01M | 171.29M | 214.80M | 240.94M | 388.80M |
| Accounts Receivable | 49.45M | 42.56M | 40.43M | 67.97M | 45.77M | 39.41M |
| Other Receivables | 6.12M | 16.01M | 17.31M | 26.01M | 28.62M | 41.04M |
| Receivables | 55.56M | 58.58M | 57.74M | 93.97M | 74.38M | 80.45M |
| Prepaid Expenses | 10.71M | 12.54M | 10.22M | 8.33M | 9.69M | 10.22M |
| Other Current Assets | 35.51M | 73.46M | 39.98M | 25.27M | 21.69M | 21.48M |
| Total Current Assets | 283.63M | 306.58M | 279.24M | 342.38M | 346.70M | 500.95M |
| Property, Plant & Equipment | 1.79B | 1.79B | 1.80B | 1.80B | 1.71B | 1.87B |
| Long-Term Investments | 324.87M | 632.29M | 864.37M | 1.06B | 1.21B | 727.57M |
| Goodwill | 769.11M | 840.83M | 929.61M | 928.95M | 928.95M | 967.91M |
| Other Intangible Assets | 1.42B | 1.99B | 2.54B | 2.60B | 2.67B | 2.87B |
| Long-Term Deferred Charges | 20.60M | 19.53M | 15.44M | 12.88M | 10.82M | 11.20M |
| Other Long-Term Assets | 16.99M | 10.76M | 95.29M | 5.82M | 3.67M | 7.84M |
| Total Assets | 4.62B | 5.59B | 6.53B | 6.76B | 6.89B | 6.95B |
| Accounts Payable | 25.58M | 28.06M | 31.87M | 45.02M | 39.55M | 35.72M |
| Accrued Expenses | 75.84M | 78.36M | 88.97M | 69.19M | 71.90M | 79.93M |
| Short-Term Debt | 17.50M | 18.25M | 19.47M | 12.06M | 9.45M | 11.52M |
| Current Portion of Long-Term Debt | 18.06M | 592.99M | 18.04M | 18.24M | 55.01M | 64.65M |
| Current Portion of Leases | 2.59M | 3.14M | 3.48M | 4.17M | 4.85M | 6.48M |
| Current Income Taxes Payable | 1.20M | 1.68M | 2.58M | 13.01M | ||
| Current Unearned Revenue | 17.19M | 22.73M | 27.89M | 27.17M | 23.71M | 26.85M |
| Other Current Liabilities | 440.10M | 14.59M | 22.48M | 24.41M | 26.69M | 43.93M |
| Total Current Liabilities | 596.87M | 759.32M | 213.87M | 202.84M | 244.16M | 269.07M |
| Long-Term Debt | 3.02B | 2.60B | 3.57B | 3.62B | 3.75B | 3.88B |
| Long-Term Leases | 7.94M | 6.30M | 8.64M | 11.15M | 10.65M | 13.87M |
| Long-Term Unearned Revenue | 6.80M | 10.92M | 13.82M | 15.07M | 8.07M | 6.85M |
| Long-Term Deferred Tax Liabilities | 642.26M | 769.92M | 914.04M | 950.92M | 960.14M | 854.16M |
| Other Long-Term Liabilities | 18.31M | 10.27M | 11.72M | 147.72M | 177.55M | 140.59M |
| Total Liabilities | 4.30B | 4.15B | 4.73B | 4.95B | 5.15B | 5.16B |
| Common Stock | 62.00K | 62.00K | 62.00K | 62.00K | 62.00K | 62.00K |
| Additional Paid-In Capital | 693.87M | 681.87M | 639.29M | 607.57M | 578.15M | 555.64M |
| Retained Earnings | 205.75M | 1.33B | 1.71B | 1.76B | 1.60B | 1.46B |
| Treasury Stock | -603.26M | -602.29M | -599.66M | -596.78M | -494.68M | -136.35M |
| Comprehensive Income & Other | 29.96M | 19.45M | 48.10M | 36.74M | 50.03M | -82.80M |
| Shareholders' Equity | 326.38M | 1.43B | 1.80B | 1.81B | 1.74B | 1.79B |
| Total Liabilities & Equity | 4.62B | 5.59B | 6.53B | 6.76B | 6.89B | 6.95B |
| Total Debt | 3.07B | 3.22B | 3.62B | 3.67B | 3.83B | 3.97B |
| Net Cash (Debt) | -2.89B | -3.06B | -3.45B | -3.45B | -3.59B | -3.58B |
| Net Cash Per Share | -509.59 | -541.99 | -611.93 | -569.64 | -568.20 | -561.12 |
| Filing Date Shares Outstanding | 5.67M | 5.67M | 5.63M | 5.62M | 5.73M | 6.06M |
| Total Common Shares Outstanding | 5.67M | 5.64M | 5.62M | 5.62M | 5.77M | 6.05M |
| Working Capital | -313.23M | -452.74M | 65.36M | 139.54M | 102.55M | 231.88M |
| Book Value Per Share | 57.53 | 254.41 | 319.61 | 322.11 | 301.23 | 296.56 |
| Tangible Book Value | -1.86B | -1.39B | -1.68B | -1.72B | -1.87B | -2.04B |
| Tangible Book Value Per Share | -328.13 | -247.42 | -298.53 | -306.69 | -323.46 | -338.01 |
| Land | 16.31M | 16.31M | 16.39M | 13.64M | 12.54M | 12.13M |
| Buildings | 134.34M | 147.17M | 141.29M | 140.06M | 138.47M | 142.75M |
| Machinery | 3.42B | 3.39B | 3.35B | 3.25B | 3.24B | 3.30B |
| Construction In Progress | 132.14M | 136.96M | 138.06M | 188.77M | 230.64M | 172.71M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.05B | -356.46M | 14.48M | 224.62M | 213.06M | 291.82M |
| Depreciation & Amortization | 331.24M | 338.55M | 341.75M | 342.89M | 350.46M | 339.02M |
| Other Amortization | 8.81M | 9.00M | 8.92M | 12.36M | 9.52M | 2.13M |
| Loss (Gain) From Sale of Assets | -14.00M | 10.98M | 13.13M | 12.71M | -4.63M | 7.83M |
| Asset Writedown & Restructuring Costs | 728.33M | 708.88M | -6.88M | |||
| Loss (Gain) From Sale of Investments | -141.09M | -141.09M | -199.00K | -11.52M | -330.00K | -2.28M |
| Loss (Gain) on Equity Investments | 367.96M | 137.94M | 204.50M | 113.94M | 42.66M | -468.00K |
| Stock-Based Compensation | 33.80M | 42.58M | 31.71M | 29.42M | 22.51M | 20.05M |
| Other Operating Activities | 292.01M | -147.51M | 34.32M | -33.38M | 102.43M | 55.05M |
| Change in Accounts Receivable | 55.00K | -836.00K | 36.43M | -19.59M | 2.73M | 19.66M |
| Change in Accounts Payable | -16.01M | -20.30M | 19.89M | -10.66M | -157.00K | -23.18M |
| Change in Unearned Revenue | -8.22M | -5.16M | 490.00K | 3.46M | -389.00K | 2.54M |
| Change in Other Net Operating Assets | 8.15M | -13.25M | -34.43M | -1.07M | 183.00K | -7.84M |
| Operating Cash Flow | 541.13M | 563.33M | 664.13M | 663.17M | 738.04M | 704.34M |
| Capital Expenditures | -288.17M | -285.25M | -286.35M | -371.03M | -414.10M | -391.93M |
| Sale of Property, Plant & Equipment | 2.17M | 813.00K | 5.54M | 1.23M | 3.63M | 708.00K |
| Cash Acquisitions | -4.33M | -2.07B | ||||
| Divestitures | 9.23M | |||||
| Sale (Purchase) of Intangibles | 42.00M | -625.00K | -2.75M | |||
| Investment in Securities | 124.38M | 133.97M | -20.00M | 27.32M | -50.38M | -90.47M |
| Other Investing Activities | -5.40M | -3.71M | -258.68M | 3.32M | 3.36M | 76.11M |
| Investing Cash Flow | -125.02M | -154.18M | -564.45M | -341.90M | -448.27M | -2.47B |
| Long-Term Debt Issued | 175.00M | 638.00M | 1.70B | |||
| Total Debt Issued | 575.00M | 175.00M | 638.00M | 1.70B | ||
| Long-Term Debt Repaid | -390.15M | -238.96M | -807.63M | -38.84M | -30.50M | |
| Total Debt Repaid | -976.50M | -390.15M | -238.96M | -807.63M | -38.84M | -30.50M |
| Net Debt Issued (Repaid) | -401.50M | -390.15M | -63.96M | -169.63M | -38.84M | 1.67B |
| Repurchase of Common Stock | -1.30M | -2.63M | -2.88M | -102.10M | -358.32M | -8.52M |
| Common Dividends Paid | -17.23M | -67.90M | -66.30M | -66.25M | -63.45M | |
| Other Financing Activities | -1.59M | -8.10M | -12.26M | |||
| Financing Cash Flow | -402.80M | -410.01M | -136.34M | -346.13M | -463.43M | 1.58B |
| Net Cash Flow | 13.31M | -862.00K | -36.66M | -24.86M | -173.65M | -186.11M |
| Free Cash Flow | 252.96M | 278.07M | 377.77M | 292.14M | 323.94M | 312.41M |
| Free Cash Flow Margin | 17.55% | 18.52% | 23.92% | 17.41% | 18.99% | 19.45% |
| Free Cash Flow Per Share | 44.63 | 49.31 | 67.08 | 48.19 | 51.30 | 48.91 |
| Levered Free Cash Flow | 676.34M | 192.40M | 305.20M | 211.39M | 211.10M | 214.29M |
| Unlevered Free Cash Flow | 756.03M | 274.82M | 395.03M | 307.48M | 287.67M | 284.40M |
| Cash Interest Paid | 132.63M | 138.38M | 149.09M | 160.22M | 127.16M | 102.89M |
| Cash Income Tax Paid | 16.04M | 45.23M | 81.58M | 92.46M | 23.38M | -1.24M |
| Change in Working Capital | -16.02M | -39.54M | 22.39M | -27.86M | 2.37M | -8.82M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 32.48M | 635.93M | 2.03B | 3.13B | 4.14B | 10.66B |
| Enterprise Value | 2.92B | 3.75B | 5.30B | 6.58B | 7.71B | 14.16B |
| Last Close Price | 5.46 | 112.85 | 358.50 | 534.77 | 671.46 | 1,646.27 |
| PE Ratio | 140.54 | 13.92 | 19.41 | 36.53 | ||
| Forward PE | 0.32 | 4.74 | 10.06 | 10.61 | 13.99 | 35.80 |
| PS Ratio | 0.02 | 0.42 | 1.29 | 1.86 | 2.42 | 6.64 |
| PB Ratio | 0.09 | 0.44 | 1.13 | 1.73 | 2.38 | 5.95 |
| P/FCF Ratio | 0.12 | 2.29 | 5.39 | 10.70 | 12.77 | 34.12 |
| P/OCF Ratio | 0.06 | 1.13 | 3.06 | 4.71 | 5.60 | 15.14 |
| PEG Ratio | 0.51 | 0.53 | 0.56 | 13.99 | 35.80 | |
| EV/Sales Ratio | 2.03 | 2.50 | 3.35 | 3.92 | 4.52 | 8.82 |
| EV/EBITDA Ratio | 4.23 | 5.16 | 6.65 | 7.46 | 8.71 | 17.40 |
| EV/EBIT Ratio | 8.12 | 9.63 | 11.65 | 12.20 | 14.42 | 29.81 |
| EV/FCF Ratio | 11.54 | 13.50 | 14.03 | 22.54 | 23.79 | 45.34 |
| Debt / Equity Ratio | 9.41 | 2.25 | 2.01 | 2.03 | 2.20 | 2.22 |
| Debt / EBITDA Ratio | 4.33 | 4.31 | 4.42 | 4.06 | 4.24 | 4.77 |
| Debt / FCF Ratio | 12.14 | 11.57 | 9.58 | 12.56 | 11.82 | 12.72 |
| Net Debt / Equity Ratio | 8.85 | 2.13 | 1.92 | 1.91 | 2.07 | 2.00 |
| Net Debt / EBITDA Ratio | 4.18 | 4.20 | 4.33 | 3.91 | 4.05 | 4.40 |
| Net Debt / FCF Ratio | 11.42 | 10.99 | 9.12 | 11.82 | 11.07 | 11.47 |
| Asset Turnover | 0.28 | 0.25 | 0.24 | 0.25 | 0.25 | 0.28 |
| Quick Ratio | 0.40 | 0.29 | 1.07 | 1.52 | 1.29 | 1.74 |
| Current Ratio | 0.47 | 0.40 | 1.31 | 1.69 | 1.42 | 1.86 |
| Return on Equity (ROE) | -126.21% | -22.07% | 0.80% | 12.67% | 12.07% | 17.75% |
| Return on Assets (ROA) | 4.32% | 4.02% | 4.28% | 4.94% | 4.83% | 5.19% |
| Return on Invested Capital (ROIC) | 9.41% | 8.01% | 3.16% | 7.70% | 6.40% | 9.46% |
| Return on Capital Employed (ROCE) | 8.90% | 8.10% | 7.20% | 8.20% | 8.00% | 7.10% |
| Earnings Yield | -3,235.37% | -56.05% | 0.71% | 7.18% | 5.15% | 2.74% |
| FCF Yield | 816.52% | 43.73% | 18.56% | 9.35% | 7.83% | 2.93% |
| Dividend Yield | 2.61% | 3.26% | 2.08% | 1.56% | 0.60% | |
| Payout Ratio | 468.94% | 29.52% | 31.10% | 21.74% | ||
| Buyback Yield / Dilution | -0.69% | -0.15% | 7.11% | 3.99% | 1.15% | -7.58% |
| Total Shareholder Return | -0.69% | 2.47% | 10.37% | 6.07% | 2.71% | -6.98% |