Shenandoah Telecommunications Debt-to-EBITDA Ratio Growth & History (SHEN)
Shenandoah Telecommunications's debt-to-ebitda ratio was 6.05 for fiscal 2025.
View full Shenandoah Telecommunications company overviewShenandoah Telecommunications annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 6.05 | −0.28 | −4.47% |
| 2024 | 2024-12-31 | 6.33 | 0.73 | +13.11% |
| 2023 | 2023-12-31 | 5.60 | 2.91 | +108.26% |
| 2022 | 2022-12-31 | 2.69 | 1.61 | +150.20% |
| 2021 | 2021-12-31 | 1.07 | −14.94 | −93.29% |
| 2020 | 2020-12-31 | 16.01 | −8.56 | −34.85% |
| 2019 | 2019-12-31 | 24.58 | 5.98 | +32.16% |
| 2018 | 2018-12-31 | 18.60 | 14.92 | +405.67% |
| 2017 | 2017-12-31 | 3.68 | −1.31 | −26.29% |
| 2016 | 2016-12-31 | 4.99 | 3.61 | +261.80% |
| 2015 | 2015-12-31 | 1.38 | −0.38 | −21.39% |
| 2014 | 2014-12-31 | 1.75 | −0.23 | −11.43% |
| 2013 | 2013-12-31 | 1.98 | −0.36 | −15.42% |
| 2012 | 2012-12-31 | 2.34 | 0.29 | +14.19% |
| 2011 | 2011-12-31 | 2.05 | −0.42 | −17.01% |
| 2010 | 2010-12-31 | 2.47 | — | — |
Shenandoah Telecommunications quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.49 | 0.79 | +13.93% |
| Q1 2026 | 2026-03-31 | 6.60 | −0.32 | −4.65% |
| Q4 2025 | 2025-12-31 | 6.05 | −0.28 | −4.47% |
| Q3 2025 | 2025-09-30 | 5.72 | 0.07 | +1.28% |
| Q2 2025 | 2025-06-30 | 5.70 | 0.09 | +1.61% |
| Q1 2025 | 2025-03-31 | 6.92 | 1.91 | +38.04% |
| Q4 2024 | 2024-12-31 | 6.33 | 0.73 | +13.11% |
| Q3 2024 | 2024-09-30 | 5.65 | 1.80 | +46.92% |
| Q2 2024 | 2024-06-30 | 5.61 | 2.26 | +67.66% |
| Q1 2024 | 2024-03-31 | 5.01 | 1.86 | +59.20% |
| Q4 2023 | 2023-12-31 | 5.60 | 2.91 | +108.26% |
| Q3 2023 | 2023-09-30 | 3.85 | 2.17 | +129.05% |
| Q2 2023 | 2023-06-30 | 3.34 | 2.16 | +181.40% |
| Q1 2023 | 2023-03-31 | 3.15 | 2.03 | +182.82% |
| Q4 2022 | 2022-12-31 | 2.69 | 1.61 | +150.20% |
| Q3 2022 | 2022-09-30 | 1.68 | 0.75 | +81.10% |
| Q2 2022 | 2022-06-30 | 1.19 | −11.63 | −90.73% |
| Q1 2022 | 2022-03-31 | 1.11 | −13.37 | −92.32% |
| Q4 2021 | 2021-12-31 | 1.07 | −14.94 | −93.29% |
| Q3 2021 | 2021-09-30 | 0.93 | — | — |
| Q2 2021 | 2021-06-30 | 12.82 | — | — |
| Q1 2021 | 2021-03-31 | 14.49 | −52.42 | −78.35% |
| Q4 2020 | 2020-12-31 | 16.01 | −8.56 | −34.85% |
| Q1 2020 | 2020-03-31 | 66.91 | 12.78 | +23.62% |
| Q4 2019 | 2019-12-31 | 24.58 | 5.98 | +32.16% |
| Q2 2019 | 2019-06-30 | 710.36 | 706.99 | +20981.85% |
| Q1 2019 | 2019-03-31 | 54.12 | 50.57 | +1423.70% |
| Q4 2018 | 2018-12-31 | 18.60 | 14.92 | +405.67% |
| Q3 2018 | 2018-09-30 | 3.07 | −0.72 | −19.07% |
| Q2 2018 | 2018-06-30 | 3.37 | −0.64 | −15.99% |
| Q1 2018 | 2018-03-31 | 3.55 | −1.10 | −23.59% |
| Q4 2017 | 2017-12-31 | 3.68 | −1.31 | −26.29% |
| Q3 2017 | 2017-09-30 | 3.79 | −1.86 | −32.92% |
| Q2 2017 | 2017-06-30 | 4.01 | −2.05 | −33.78% |
| Q1 2017 | 2017-03-31 | 4.65 | 3.35 | +256.89% |
| Q4 2016 | 2016-12-31 | 4.99 | 3.61 | +261.80% |
| Q3 2016 | 2016-09-30 | 5.65 | 4.16 | +279.65% |
| Q2 2016 | 2016-06-30 | 6.06 | 4.49 | +286.19% |
| Q1 2016 | 2016-03-31 | 1.30 | −0.36 | −21.53% |
| Q4 2015 | 2015-12-31 | 1.38 | −0.38 | −21.39% |
| Q3 2015 | 2015-09-30 | 1.49 | −0.39 | −20.71% |
| Q2 2015 | 2015-06-30 | 1.57 | −0.35 | −18.29% |
| Q1 2015 | 2015-03-31 | 1.66 | −0.29 | −14.83% |
| Q4 2014 | 2014-12-31 | 1.75 | −0.23 | −11.43% |
| Q3 2014 | 2014-09-30 | 1.88 | −0.14 | −7.10% |
| Q2 2014 | 2014-06-30 | 1.92 | −0.22 | −10.32% |
| Q1 2014 | 2014-03-31 | 1.95 | −0.28 | −12.74% |
| Q4 2013 | 2013-12-31 | 1.98 | −0.36 | −15.42% |
| Q3 2013 | 2013-09-30 | 2.02 | −0.43 | −17.65% |
| Q2 2013 | 2013-06-30 | 2.14 | 0.37 | +20.59% |
| Q1 2013 | 2013-03-31 | 2.23 | 0.32 | +16.88% |
| Q4 2012 | 2012-12-31 | 2.34 | 0.29 | +14.19% |
| Q3 2012 | 2012-09-30 | 2.46 | — | — |
| Q2 2012 | 2012-06-30 | 1.77 | — | — |
| Q1 2012 | 2012-03-31 | 1.91 | — | — |
| Q4 2011 | 2011-12-31 | 2.05 | — | — |
Shenandoah Telecommunications debt-to-ebitda ratio trends
Over the last five fiscal years, Shenandoah Telecommunications's debt-to-ebitda ratio decreased from 16.01 to 6.05, a change of −9.96. The latest reported quarter, Q2 2026, shows 6.49.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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