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Companies / Communication Services / Cable One, Inc.
CABO

Cable One, Inc.

Communication ServicesCommunications
Ticker CABOPHOENIX, AZFiscal year ends DecemberBook value per share $57.34Diluted shares 5.7M

Cable One, Inc. (NYSE: CABO) is a leading broadband communications provider serving approximately 1.0 million residential and business customers across 24 Western, Midwestern and Southern states through its Sparklight brand. The company operates a fiber-based and hybrid fiber-coaxial network infrastructure with… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.50B
−4.9% year over year
Last 12 mo $1.44B
-13.81%
−41.8 percentage points
Last 12 mo -17.48%
$-356.46M
−2561.7% year over year
Last 12 mo $-1.05B
4.29%
+3.5 percentage points
Last 12 mo -321.67%
Cash & financing
$563.33M
−15.2% year over year
Last 12 mo $541.13M
$274.37M
−25.7% year over year
Last 12 mo $247.56M
2.23
Was 2.00× a year earlier
Last 12 mo 9.33
5.6M
−6.6% year over year
Last 12 mo 5.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Cable One, Inc. does

In the company’s own words

Cable One, Inc. (NYSE: CABO) is a leading broadband communications provider serving approximately 1.0 million residential and business customers across 24 Western, Midwestern and Southern states through its Sparklight brand. The company operates a fiber-based and hybrid fiber-coaxial network infrastructure with capacity of 750 megahertz or higher and DOCSIS 3.1 capabilities throughout its systems, serving approximately 2.9 million passings as of December 31, 2025.

The company generates substantially all revenues through three primary product lines. Residential data services represent the largest revenue segment at 60.1% of total revenues, followed by business data services at 15.3% and residential video services at 12.5%, with the remainder from residential voice and other services. Residential data and business data services combined represented 75.3% of total revenues in 2025. Cable One offers residential customers download speeds up to 1 Gigabit per second across all passings, with multi-Gigabit service available in 53% of markets. The company provides business customers with speeds ranging from 1 Gigabit per second over hybrid fiber-coaxial networks to 100 Gigabit per second symmetrical speeds over dedicated enterprise fiber.

Cable One became an independent public company on July 1, 2015, following its spin-off from Graham Holdings Company. Since its independence, the company has completed multiple acquisitions including NewWave in 2017, Clearwave and Fidelity in 2019, Valu-Net in 2020, and Hargray in 2021, substantially expanding its geographic footprint and customer base. The company maintains strategic investments in several broadband-centric providers serving non-urban markets, including equity interests in Point Broadband Holdings, Clearwave Fiber, Nextlink, Visionary Communications and others.

The company's strategy emphasizes focus on non-metropolitan markets, prioritization of higher-margin residential and business data services over declining video services, continuous cost leadership through operational efficiency and digital transformation initiatives, and disciplined capital allocation. Cable One operates with a decentralized management structure where local teams maintain decision-making authority while benefiting from centralized corporate support and best practices. The company's website is www.cableone.net.

Company details
Sector
Communication Services
Industry
Communications
Headquarters
PHOENIX, AZ
Fiscal year end
December
CIK
1632127
SIC
4841

Financial performance, year by year

Fiscal 2015–2025 · USD
$-1.33B$-498.70M$328.08M$1.15B$1.98B20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Cable One, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

203
funds hold it
0 of 35
superinvestors hold it
$102.90M
held by funds, at market
29.1%
of shares held by funds
2
bond issues held by funds

Largest fund holders · Cable One, Inc.’s weight in each

Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.03%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
DAVENPORT SMALL CAP FOCUS FUND
DSCPX · Williamsburg Investment Trust
1.07%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Cable One, Inc.’s bonds, as funds hold them

Funds report holding 2 issues of Cable One, Inc.’s debt, $258.33M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.87%, maturing 2028 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Cable One, Inc. and its peers compare on margins and cash generation over ten years?”
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