Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Shenandoah Telecommunications Co (SHEN)
Price$11.51Cached quote
Net income
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $357.9M | $328.1M | $269.1M | $248.9M | $245.2M | $220.8M | $206.9M | $192.7M | $612.0M | $535.3M | $342.5M | $326.9M | $308.9M | $288.1M | $251.1M | $195.2M | $160.9M |
| Gross profit | $227.7M | $199.9M | $168.3M | $146.6M | $142.9M | $131.1M | $123.3M | $112.3M | $400.5M | $341.8M | $221.2M | $197.2M | $183.8M | $170.7M | $144.5M | $120.5M | $106.7M |
| Gross margin | 63.64% | 60.95% | 62.53% | 58.91% | 58.29% | 59.39% | 59.60% | 58.26% | 65.44% | 63.85% | 64.57% | 60.32% | 59.49% | 59.24% | 57.54% | 61.75% | 66.31% |
| Operating expenses | $381.1M | $356.6M | $269.0M | $266.4M | $247.7M | $223.4M | $208.2M | $195.7M | $565.5M | $512.8M | $268.4M | $265.0M | $253.5M | $253.4M | $218.9M | $162.9M | $118.0M |
| Operating income | −$23.2M | −$28.6M | $142,000 | −$17.5M | −$2.4M | −$2.6M | −$1.3M | −$3.0M | $46.5M | $22.5M | $74.1M | $61.9M | $55.4M | $34.7M | $32.3M | $36.3M | $42.9M |
| Operating margin | −6.49% | −8.72% | 0.05% | −7.01% | −0.99% | −1.18% | −0.65% | −1.54% | 7.60% | 4.21% | 21.63% | 18.95% | 17.93% | 12.03% | 12.86% | 18.61% | 26.68% |
| EBITDA | $106.4M | $68.3M | $63.0M | $48.3M | $52.8M | $46.1M | $45.4M | $41.4M | $223.5M | $166.2M | $144.8M | $127.8M | $116.1M | $99.1M | $88.1M | $79.0M | $75.6M |
| EBITDA margin | 29.74% | 20.82% | 23.42% | 19.41% | 21.52% | 20.88% | 21.97% | 21.50% | 36.52% | 31.05% | 42.28% | 39.10% | 37.59% | 34.39% | 35.06% | 40.45% | 46.96% |
| Net income | −$32.9M | $193.8M | $8.0M | −$8.4M | $998.8M | $125.7M | $55.5M | $46.6M | $66.4M | −$895,000 | $40.9M | $33.9M | $29.6M | $16.3M | $13.0M | $18.1M | $15.1M |
| Net profit margin | −9.21% | 59.08% | 2.99% | −3.37% | 407.29% | 56.92% | 26.83% | 24.18% | 10.85% | −0.17% | 11.93% | 10.36% | 9.58% | 5.66% | 5.17% | 9.26% | 9.38% |
| Basic EPSper basic share | -$0.71 | $3.54 | $0.16 | -$0.17 | $19.97 | $2.52 | $1.11 | $0.94 | $1.35 | -$0.02 | $0.84 | $0.70 | $0.62 | $0.34 | $0.28 | $0.38 | $0.32 |
| Diluted EPSper diluted share | -$0.71 | $3.54 | $0.16 | -$0.17 | $19.92 | $2.51 | $1.11 | $0.93 | $1.33 | -$0.02 | $0.83 | $0.70 | $0.61 | $0.34 | $0.28 | $0.38 | $0.32 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
BlackRock, Inc. | 7.09M |
GCM Grosvenor Holdings, LLC | 4.12M |
ECP ControlCo, LLC | 3.46M |
Hill City Holdings GP, LLC / Hill City Holdings, LP / ECP Fiber Holdings, LP / ECP Fiber Holdings GP, LLC | 3.46M |
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | 2.62M |
DIMENSIONAL FUND ADVISORS LP | 2.61M |
STATE STREET CORP | 2.15M |
FRENCH CHRISTOPHER E | 2.08M |
VANGUARD CAPITAL MANAGEMENT LLC | 2.06M |
AMERICAN CENTURY COMPANIES INC | 1.44M |
GEODE CAPITAL MANAGEMENT, LLC | 1.3M |
COOPER INVESTORS PTY LTD | 930.14K |
VANGUARD PORTFOLIO MANAGEMENT LLC | 912.88K |
MILLENNIUM MANAGEMENT LLC | 731.43K |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 718.22K |
Broad Run Investment Management, LLC | 658.57K |
Cerity Partners LLC | 647.04K |
ROYCE & ASSOCIATES LP | 643.09K |
NORTHERN TRUST CORP | 513.53K |
BRIDGEWAY CAPITAL MANAGEMENT, LLC | 393.55K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Sep 11, 2025Form 4 | Hill City Holdings GP, LLC +3TenPercentOwner | BuyCommon Stock · indirect | 1.8K | $13.34 | $24.1K | 3.46M |
| Sep 11, 2025Form 4 | ECP ControlCo, LLC +7TenPercentOwner | BuyCommon Stock · indirect | 1.8K | $13.34 | $24.1K | 3.46M |
| Sep 10, 2025Form 4 | Hill City Holdings GP, LLC +3TenPercentOwner | BuyCommon Stock · indirect | 13.5K | $13.29 | $180.0K | 3.46M |
| Sep 10, 2025Form 4 | ECP ControlCo, LLC +7TenPercentOwner | BuyCommon Stock · indirect | 13.5K | $13.29 | $180.0K | 3.46M |
| Sep 9, 2025Form 4 | Energy Capital Partners GP IV, LP +7TenPercentOwner | BuyCommon Stock · indirect | 362 | $13.39 | $4.8K | 3.44M |