CABONYSECable & Other Pay Television ServicesFiscal year ends December 31
Cable One, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$6.22−1.01 (-13.97%)
Close on Oct 19, 2026
- Market cap
- $35.45M
- P/E (TTM)
- –
- Dividend yield
- 47.43%
Margins
Share of revenue, fiscal years 2012 to 2025
Operating margin
-13.8%−49.2 pts over 5 years
Net margin
-23.7%−46.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -4.9% | -4.2% | +2.5% | +6.4% | |
| Free cash flow | -26.4% | -5.0% | -0.2% | +13.3% | |
| Dividend per share | -75.0% | -35.9% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 21.7% | 26.1% | -22.1% | |
| Return on assets | 7.1% | 8.0% | -5.9% | |
| Current ratio | 1.68 | 3.04 | 0.40 | |
| Debt to equity | 1.14 | 1.45 | 2.23 | |
| Net debt to EBITDA | 1.19× | 2.18× | 23.18× | |
| Interest coverage | 6.2× | 6.4× | -1.6× | |
| Capex to revenue | 16.0% | 22.1% | 19.0% | |
| Diluted shares | 6M | 6M | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Cable One generated $3.33B from operations and spent $2.48B on capital expenditure, dividends and share buybacks. 70% of that went back into the business.
Generated
$3.33B
Used
$2.48B
Capital expenditure$1.75B70%Dividends$281.14M11%Share buybacks$452.90M18%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-23.7%
×Asset turnover0.25×
×Equity multiplier3.75×
=Return on equity, FY2025-22.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -23.7% | 0.25× | 3.75× | -22.1% |
| FY2024 | 0.9% | 0.24× | 3.68× | 0.8% |
| FY2023 | 13.4% | 0.25× | 3.85× | 12.7% |
| FY2022 | 12.5% | 0.25× | 3.92× | 12.1% |
| FY2021 | 18.2% | 0.28× | 3.48× | 17.7% |
| FY2020 | 23.0% | 0.35× | 3.27× | 26.1% |
| FY2019 | 15.3% | 0.43× | 3.37× | 22.1% |
| FY2018 | 15.4% | 0.48× | 3.11× | 22.7% |
| FY2017 | 24.5% | 0.53× | 3.15× | 40.9% |
| FY2016 | 12.2% | 0.58× | 3.05× | 21.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$356.46M
- Cash generatingOperating cash flow above zero$563.33M
- Return on assets improvedROA up on the prior year0.2% → -5.5%
- Earnings backed by cashOperating cash flow above net income$563.33M vs -$356.46M
- Less leverageLong-term debt to assets fell54.7% → 46.5%
- Better liquidityCurrent ratio rose1.31 → 0.40
- No dilutionShare count did not rise6M → 6M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.23 → 0.23