SHEN
Shenandoah Telecommunications Co
NASDAQ: SHEN · COMMUNICATION SERVICES · TELECOM SERVICES
$15.09
-8.38% today
Updated 2026-04-29
Market cap
$886.49M
P/E ratio
—
P/S ratio
2.48x
EPS (TTM)
$-0.71
Dividend yield
0.64%
52W range
$10 – $17
Volume
0.3M
Shenandoah Telecommunications Co (SHEN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $169.19M | $141.18M | $144.42M | $160.62M | $194.89M | $251.15M | $288.07M | $308.94M | $326.95M | $342.49M | $535.29M | $611.99M | $630.85M | $206.86M | $220.78M | $245.24M | $248.91M | $287.38M | $328.06M | $357.85M |
| Revenue growth (YoY) | — | -16.6% | +2.3% | +11.2% | +21.3% | +28.9% | +14.7% | +7.2% | +5.8% | +4.8% | +56.3% | +14.3% | +3.1% | -67.2% | +6.7% | +11.1% | +1.5% | +15.5% | +14.2% | +9.1% |
| Cost of revenue | $71.66M | $48.21M | $43.77M | $54.03M | $74.47M | $106.64M | $117.41M | $125.14M | $129.74M | $121.33M | $193.52M | $211.51M | $257.98M | $83.57M | $89.66M | $102.30M | $102.28M | $106.10M | $128.11M | $261.73M |
| Gross profit | $97.54M | $92.97M | $100.65M | $106.58M | $120.42M | $144.50M | $170.67M | $183.80M | $197.20M | $221.16M | $341.77M | $400.48M | $372.87M | $123.29M | $131.12M | $142.94M | $146.63M | $181.28M | $199.95M | $96.12M |
| Gross margin | 57.6% | 65.9% | 69.7% | 66.4% | 61.8% | 57.5% | 59.2% | 59.5% | 60.3% | 64.6% | 63.8% | 65.4% | 59.1% | 59.6% | 59.4% | 58.3% | 58.9% | 63.1% | 60.9% | 26.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $49.08M | $32.59M | $28.57M | $31.13M | $45.55M | $56.45M | $60.65M | $67.67M | $69.37M | $76.37M | $121.13M | $150.44M | $110.62M | $74.35M | $82.32M | $78.05M | $84.31M | $92.23M | $100.19M | $118.19M |
| Operating income | $21.17M | $31.18M | $45.65M | $42.83M | $32.24M | $32.29M | $34.66M | $55.41M | $61.94M | $74.09M | $22.53M | $46.51M | $93.25M | $-1.34M | $-2.60M | $-2.43M | $-17.46M | $9.62M | $-28.59M | $-22.06M |
| Operating margin | 12.5% | 22.1% | 31.6% | 26.7% | 16.5% | 12.9% | 12.0% | 17.9% | 18.9% | 21.6% | 4.2% | 7.6% | 14.8% | -0.6% | -1.2% | -1.0% | -7.0% | 3.3% | -8.7% | -6.2% |
| EBITDA | $36.91M | $57.92M | $74.91M | $76.54M | $79.42M | $88.26M | $100.56M | $120.31M | $127.83M | $148.33M | $187.66M | $230.82M | $263.64M | $45.85M | $46.44M | $60.91M | $55.52M | $78.27M | $76.32M | $115.13M |
| EBITDA margin | 21.8% | 41.0% | 51.9% | 47.7% | 40.8% | 35.1% | 34.9% | 38.9% | 39.1% | 43.3% | 35.1% | 37.7% | 41.8% | 22.2% | 21.0% | 24.8% | 22.3% | 27.2% | 23.3% | 32.2% |
| EBIT | $9.62M | $28.72M | $45.01M | $43.91M | $36.79M | $32.49M | $36.14M | $59.59M | $61.94M | $77.63M | $29.21M | $52.28M | $96.89M | $-1.34M | $-2.60M | $5.28M | $-3.56M | $12.18M | $-22.13M | $-16.48M |
| Interest expense | $2.36M | $1.87M | $1.01M | $1.36M | $4.72M | $8.29M | $7.85M | $8.47M | $8.15M | $7.36M | $25.10M | $38.24M | $34.85M | $29.47M | $127.28M | $984.14M | $9.18M | $4.21M | $15.90M | $25.37M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $17.92M | $18.80M | $24.41M | $15.09M | $18.07M | $12.99M | $16.30M | $29.59M | $33.88M | $40.86M | $-895000.00 | $66.39M | $46.59M | $55.50M | $125.67M | $998.83M | $-8.38M | $8.04M | $190.39M | $-39.39M |
| Net income growth (YoY) | — | +4.9% | +29.8% | -38.2% | +19.8% | -28.1% | +25.5% | +81.5% | +14.5% | +20.6% | -102.2% | +7517.9% | -29.8% | +19.1% | +126.4% | +694.8% | -100.8% | +195.9% | +2268.6% | -120.7% |
| Profit margin | 10.6% | 13.3% | 16.9% | 9.4% | 9.3% | 5.2% | 5.7% | 9.6% | 10.4% | 11.9% | -0.2% | 10.8% | 7.4% | 26.8% | 56.9% | 407.3% | -3.4% | 2.8% | 58.0% | -11.0% |