SHENNasdaqTelephone Communications (No Radiotelephone)Fiscal year ends December 31
SHENANDOAH TELECOMMUNICATIONS CO/VA/
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q/A on Jul 29, 2026
$10.16−0.14 (-1.36%)
Close on Oct 19, 2026
- Market cap
- $564.43M
- P/E (TTM)
- –
- Dividend yield
- 1.08%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
63.6%+4.2 pts over 5 years
Operating margin
-6.5%−5.3 pts over 5 years
Net margin
-9.2%−66.1 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 | +9.1% | +12.9% | +10.1% | +0.4% | |
| Gross profit | +13.9% | +15.8% | +11.7% | +0.3% | |
| Dividend per share | +10.0% | +11.2% | -20.2% | -7.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -0.3% | 24.0% | -3.7% | |
| Return on assets | -0.1% | 6.4% | -1.8% | |
| Current ratio | 0.98 | 1.16 | 0.90 | |
| Debt to equity | 2.80 | 1.19 | 0.71 | |
| Net debt to EBITDA | 4.77× | 10.70× | 5.65× | |
| Interest coverage | 0.9× | – | -0.9× | |
| Inventory turnover | 9.0× | – | – | |
| Capex to revenue | 32.4% | 54.6% | 100.3% | |
| Diluted shares | 49M | 50M | 55M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Shenandoah Telecommunications generated $603.17M from operations and spent $2.24B on capital expenditure, dividends and share buybacks. 57% of that went back into the business.
Generated
$603.17M
Used
$2.24B
Capital expenditure$1.28B57%Dividends$961.02M43%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-9.2%
×Asset turnover0.20×
×Equity multiplier2.03×
=Return on equity, FY2025-3.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -9.2% | 0.20× | 2.03× | -3.7% |
| FY2024 | 59.1% | 0.22× | 1.88× | 24.7% |
| FY2023 | 3.0% | 0.25× | 1.70× | 1.2% |
| FY2022 | -3.4% | 0.27× | 1.46× | -1.3% |
| FY2021 | 407.3% | 0.17× | 2.39× | 163.8% |
| FY2020 | 56.9% | 0.11× | 3.75× | 24.0% |
| FY2019 | 26.8% | 0.12× | 3.72× | 12.2% |
| FY2018 | 24.2% | 0.13× | 3.65× | 11.8% |
| FY2017 | 10.8% | 0.42× | 4.47× | 20.5% |
| FY2016 | -0.2% | 0.51× | 3.60× | -0.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$32.94M
- Cash generatingOperating cash flow above zero$101.00M
- Return on assets improvedROA up on the prior year16.0% → -1.9%
- Earnings backed by cashOperating cash flow above net income$101.00M vs -$32.94M
- Less leverageLong-term debt to assets fell23.4% → 32.9%
- Better liquidityCurrent ratio rose0.82 → 0.90
- No dilutionShare count did not rise54M → 55M
- Gross margin improvedGross margin up on the prior year60.95% → 63.64%
- More efficientAsset turnover rose0.27 → 0.21