📊 CABO Key Takeaways
Investment Thesis
Cable One is experiencing severe operational deterioration with negative net income of -$356.5M and operating losses of -$207.4M, indicating fundamental business challenges beyond temporary headwinds. While the company maintains positive free cash flow of $278.1M, this is insufficient to offset massive negative profitability and an unsustainable leverage position with 2.24x debt-to-equity ratio and negative interest coverage of -1.6x.
CABO Strengths
- Positive operating cash flow of $563.3M demonstrates ability to generate cash despite accounting losses
- Free cash flow of $278.1M with healthy 18.5% FCF margin provides liquidity buffer
- Maintains moderate asset base of $5.6B providing operational infrastructure
CABO Risks
- Severe profitability crisis with -23.7% net margin and -$356.5M net loss representing 2561.7% YoY deterioration
- Dangerously low liquidity ratios (0.40x current and quick ratio) indicate severe short-term solvency stress
- High leverage of 2.24x debt-to-equity with $3.2B long-term debt and negative interest coverage (-1.6x) creates refinancing and default risk
- Revenue declining 4.9% YoY coupled with operating losses suggests structural business headwinds in cable/pay-TV sector
- Negative ROE (-24.9%) and ROA (-6.4%) indicate value destruction and inefficient asset utilization
Key Metrics to Watch
- Operating income trend and path to profitability recovery
- Revenue stabilization and subscriber trends in declining pay-TV market
- Debt refinancing needs and ability to service $3.2B in long-term debt obligations
- Free cash flow sustainability and adequacy relative to debt service requirements
CABO Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
CABO Profitability Ratios
CABO vs Default Sector
How Cable One, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CABO Balance Sheet & Liquidity
CABO 5-Year Financial Trend
5-Year Trend Summary: Cable One, Inc.'s revenue has shown modest growth of 4% over the 5-year period. The most recent EPS of $38.08 reflects profitable operations.
CABO Growth Metrics (YoY)
CABO Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $376.0M | $44.2M | $2.57 |
| Q2 2025 | $381.1M | $38.2M | $2.57 |
| Q1 2025 | $380.6M | $2.6M | $0.46 |
| Q3 2024 | $393.6M | $30.3M | $5.29 |
| Q2 2024 | $394.5M | $47.6M | $8.16 |
| Q1 2024 | $404.3M | $47.3M | $8.11 |
| Q3 2023 | $420.3M | $39.5M | $6.81 |
| Q2 2023 | $424.0M | $55.2M | $9.36 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CABO Capital Allocation
CABO SEC Filings
Access official SEC EDGAR filings for Cable One, Inc. (CIK: 0001632127)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CABO
What is the AI rating for CABO?
Cable One, Inc. (CABO) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CABO's key strengths?
Positive operating cash flow of $563.3M demonstrates ability to generate cash despite accounting losses. Free cash flow of $278.1M with healthy 18.5% FCF margin provides liquidity buffer.
What are the risks of investing in CABO?
Severe profitability crisis with -23.7% net margin and -$356.5M net loss representing 2561.7% YoY deterioration. Dangerously low liquidity ratios (0.40x current and quick ratio) indicate severe short-term solvency stress.
What is CABO's revenue and growth?
Cable One, Inc. reported revenue of $1.5B.
Does CABO pay dividends?
Cable One, Inc. pays dividends, with $17.2M distributed to shareholders in the trailing twelve months.
Where can I find CABO SEC filings?
Official SEC filings for Cable One, Inc. (CIK: 0001632127) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CABO's EPS?
Cable One, Inc. has a diluted EPS of $-63.21.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.