Cable One Inc. (CABO) Financial Statements (2025 and earlier)

Company Profile

Business Address 210 E. EARLL DRIVE
PHOENIX, AZ 85012
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments201,518210,733190,289239,632160,734202,732
Cash and cash equivalents201,518210,733190,289239,632160,734202,732
Receivables66,05160,53093,97386,33174,61146,149
Prepaid expense11,35111,65411,20411,48915,67618,167
Other current assets3,3254,1512,8603,7697,87513,519
Other undisclosed current assets56,50160,23744,05253,15956,04749,619
Total current assets:338,746347,305342,378394,380314,943330,186
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   6,909   
Long-term investments and receivables891,306816,372838,408941,614984,125997,641
Long-term investments891,306816,372838,408941,614984,125997,641
Intangible assets, net (including goodwill)3,492,3743,508,9163,524,8393,541,0663,559,2233,577,378
Goodwill928,947928,947928,947928,947928,947928,947
Intangible assets, net (excluding goodwill)2,563,4272,579,9692,595,8922,612,1192,630,2762,648,431
Regulated entity, other noncurrent assets23,45024,47125,61926,75227,88428,891
Other noncurrent assets82,39381,89563,149101,67079,44555,906
Other undisclosed noncurrent assets1,885,2241,960,2781,958,2081,906,2931,917,1211,889,345
Total noncurrent assets:6,374,7476,391,9326,417,1326,517,3956,567,7986,549,161
TOTAL ASSETS:6,713,4936,739,2376,759,5106,911,7756,882,7416,879,347
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:142,297140,589156,645171,970146,953145,855
Accounts payable33,16837,28045,02542,87934,11134,052
Accrued liabilities73,79167,39166,23375,86561,03663,601
Other undisclosed accounts payable and accrued liabilities35,33835,91845,38753,22651,80648,202
Deferred revenue26,27027,07927,16927,26028,21324,354
Debt18,89819,01819,02319,01919,01718,919
Total current liabilities:187,465186,686202,837218,249194,183189,128
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,521,4503,574,1163,626,9283,679,6183,731,9283,784,250
Finance lease, liability   4,381   
Other undisclosed long-term debt and lease obligation3,521,4503,574,1163,622,5473,679,6183,731,9283,784,250
Liabilities, other than long-term debt1,124,3181,125,5611,120,4751,211,1751,188,8901,163,356
Deferred income tax liabilities941,360950,953950,919974,344972,812964,553
Other liabilities182,958174,608169,556236,831216,078198,803
Total noncurrent liabilities:4,645,7684,699,6774,747,4034,890,7934,920,8184,947,606
Total liabilities:4,833,2334,886,3634,950,2405,109,0425,115,0015,136,734
Equity
Equity, attributable to parent1,880,2601,852,8741,809,2701,802,7331,767,7401,742,613
Common stock626262626262
Treasury stock, value(599,510)(599,433)(596,778)(596,685)(580,101)(538,611)
Additional paid in capital622,150615,039607,574599,973589,738583,739
Accumulated other comprehensive income54,32655,01936,74572,36953,80032,089
Retained earnings1,803,2321,782,1871,761,6671,727,0141,704,2411,665,334
Total equity:1,880,2601,852,8741,809,2701,802,7331,767,7401,742,613
TOTAL LIABILITIES AND EQUITY:6,713,4936,739,2376,759,5106,911,7756,882,7416,879,347

Income Statement (P&L) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues394,461404,312411,815420,348424,024421,894
Cost of revenue(104,443)(103,860)(103,445)(106,908)(111,073)(109,670)
Gross profit:290,018300,452308,370313,440312,951312,224
Operating expenses(179,881)(180,590)(181,141)(180,910)(177,911)(180,120)
Operating income:110,137119,862127,229132,530135,040132,104
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(641)(7,115)71,994(20,536)(2,112)5,294
Interest and debt expense(34,964)(35,784)(42,381)(43,384)(43,218)(41,163)
Income from continuing operations before equity method investments, income taxes:74,53276,963156,84268,61089,71096,235
Loss from equity method investments(22,311)(22,036)(75,463)(8,444)(13,515)(16,514)
Income from continuing operations before income taxes:52,22154,92781,37960,16676,19579,721
Income tax expense(14,069)(17,577)(8,899)(20,694)(20,949)(22,295)
Net income available to common stockholders, basic:38,15237,35072,48039,47255,24657,426
Other undisclosed net income available to common stockholders, diluted1,5511,5511,5601,5611,5511,543
Net income available to common stockholders, diluted:39,70338,90174,04041,03356,79758,969

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income:38,15237,35072,48039,47255,24657,426
Other comprehensive income (loss)(693)18,274(85,847)18,57021,712(17,942)
Comprehensive income (loss):37,45955,624(13,367)58,04276,95839,484
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  50,223(1)(1) 
Comprehensive income, net of tax, attributable to parent:37,45955,62436,85658,04176,95739,484

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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