Company research / SHEN

Shenandoah Telecommunications Co (SHEN)

SEC name SHENANDOAH TELECOMMUNICATIONS CO/VA/ · CIK 0000354963 · Nasdaq · Telephone Communications (No Radiotelephone)

  • Sector Transportation & Utilities
  • Incorporated VA
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Shenandoah Telecommunications Co reported revenue of $357.85M. Revenue grew 9.1% from the prior annual period. Over the twelve months to 2026-03-31, revenue was $362.11M.

Key ratios (year ended 2025-12-31)

-6.5%
Operating margin
-9.2%
Net margin
-3.7%
Return on year-end equity
9.1%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-02

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-03-31 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 2-for-1, first reflected in a filing dated 2016-02-26. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-03-31
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$362.11M$357.85M$328.06M$269.13M$248.91M$245.24M$220.78M$206.86M$192.68M$611.99M$535.29M
Cost of Revenuen/an/an/an/an/an/an/an/an/a$211.51M$193.52M
Gross Profit (computed)n/an/an/an/an/an/an/an/an/a$400.48M$341.77M
Operating Income-$27.61M-$23.24M-$28.59M$142.0K-$17.46M-$2.43M-$2.60M-$1.34M-$2.97M$46.51M$22.53M
Depreciation & Amortization$135.24M$129.68M$96.91M$62.88M$65.76M$55.21M$48.70M$46.79M$44.39M$177.01M$143.69M
EBITDA$107.62M$106.44M$68.32M$63.02M$48.30M$52.78M$46.10M$45.44M$41.42M$223.52M$166.21M
Net Income-$39.56M-$32.94M$193.82M$8.04M-$8.38M$998.83M$125.67M$55.50M$46.59M$66.39M-$895.0K
EPS (Diluted)n/a-$0.71$3.54$0.16-$0.17$19.92$2.51$1.11$0.93$1.33-$0.02
Total Assets$1.95B$1.91B$1.74B$1.21B$977.72M$890.73M$2.02B$1.90B$1.48B$1.41B$1.48B
Long-Term Debt$707.40M$642.40M$417.96M$300.00M$75.00M$0$697.92M$732.04M$785.24M$836.50M$847.88M
Shareholders' Equity$866.96M$880.78M$918.58M$652.67M$638.01M$642.27M$577.05M$468.13M$444.23M$350.22M$295.89M
Cash & Equivalents$43.77M$27.26M$46.27M$139.25M$44.06M$84.34M$195.40M$101.65M$85.09M$78.58M$36.19M
Operating Cash Flow$104.84M$101.00M$62.57M$113.77M$74.89M-$250.93M$302.87M$259.14M$265.65M$222.93M$161.53M
Capital Expenditures$351.50M$358.92M$319.07M$255.07M$188.99M$160.10M$120.45M$67.05M$56.63M$146.49M$173.23M
Free Cash Flow-$246.66M-$257.92M-$256.50M-$141.30M-$114.09M-$411.04M$182.42M$192.10M$209.02M$76.44M-$11.71M
Share Repurchasesn/an/an/an/an/a$0$0$7.23M$0$0$5.10M
Dividends Paidn/a$6.45M$5.80M$4.52M$3.99M$940.26M$16.42M$13.94M$12.86M$12.26M$11.71M
Shares Outstanding55.30M54.90M54.60M50.27M50.11M49.97M49.87M49.67M49.63M49.33M48.94M
Dividends Per Sharen/a$0.11$0.10$0.09$0.08$18.82$0.34$0.29$0.27$0.26$0.25
Weighted Average Diluted Sharesn/a55.10M53.72M50.72M50.16M50.15M50.02M50.10M50.06M50.03M48.81M
EPS (Basic)n/a-$0.71$3.54$0.16-$0.17$19.97$2.52$1.11$0.94$1.35-$0.02

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