Shenandoah Telecommunications annual operating margin
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2025
Shenandoah Telecommunications Operating Margin Growth & History (SHEN)
Shenandoah Telecommunications's operating margin was −6.49% for fiscal 2025.
View full Shenandoah Telecommunications company overviewShenandoah Telecommunications annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −6.49% | +2.22 pp |
| 2024 | 2024-12-31 | −8.72% | −8.77 pp |
| 2023 | 2023-12-31 | 0.05% | +7.07 pp |
| 2022 | 2022-12-31 | −7.01% | −6.02 pp |
| 2021 | 2021-12-31 | −0.99% | +0.19 pp |
| 2020 | 2020-12-31 | −1.18% | −0.53 pp |
| 2019 | 2019-12-31 | −0.65% | +0.89 pp |
| 2018 | 2018-12-31 | −1.54% | −9.14 pp |
| 2017 | 2017-12-31 | 7.60% | +3.39 pp |
| 2016 | 2016-12-31 | 4.21% | −17.42 pp |
| 2015 | 2015-12-31 | 21.63% | +2.69 pp |
| 2014 | 2014-12-31 | 18.95% | +1.01 pp |
| 2013 | 2013-12-31 | 17.93% | +5.90 pp |
| 2012 | 2012-12-31 | 12.03% | −0.83 pp |
| 2011 | 2011-12-31 | 12.86% | −5.75 pp |
| 2010 | 2010-12-31 | 18.61% | −8.07 pp |
| 2009 | 2009-12-31 | 26.68% | — |
Shenandoah Telecommunications quarterly operating margin
Q2.10
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Q1.11
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Q1.12
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Q4.12
Q1.13
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q1.19
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Q1.20
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Q4.20
Q1.21
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Q3.21
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Q1.22
Q2.22
Q3.22
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Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | −11.36% | −4.43 pp |
| Q4 2025 | 2025-12-31 | −0.95% | +5.78 pp |
| Q3 2025 | 2025-09-30 | −7.98% | −3.21 pp |
| Q2 2025 | 2025-06-30 | −10.28% | +8.23 pp |
| Q1 2025 | 2025-03-31 | −6.93% | −2.92 pp |
| Q4 2024 | 2024-12-31 | −6.74% | −7.57 pp |
| Q3 2024 | 2024-09-30 | −4.77% | −3.86 pp |
| Q2 2024 | 2024-06-30 | −18.51% | −18.34 pp |
| Q1 2024 | 2024-03-31 | −4.01% | −4.46 pp |
| Q4 2023 | 2023-12-31 | 0.83% | +24.43 pp |
| Q3 2023 | 2023-09-30 | −0.90% | +1.74 pp |
| Q2 2023 | 2023-06-30 | −0.18% | +4.57 pp |
| Q1 2023 | 2023-03-31 | 0.46% | +1.05 pp |
| Q4 2022 | 2022-12-31 | −23.60% | −10.98 pp |
| Q3 2022 | 2022-09-30 | −2.65% | −4.01 pp |
| Q2 2022 | 2022-06-30 | −4.75% | −8.69 pp |
| Q1 2022 | 2022-03-31 | −0.59% | −4.33 pp |
| Q4 2021 | 2021-12-31 | −12.62% | −12.90 pp |
| Q3 2021 | 2021-09-30 | 1.37% | +0.52 pp |
| Q2 2021 | 2021-06-30 | 3.94% | +7.37 pp |
| Q1 2021 | 2021-03-31 | 3.74% | +6.30 pp |
| Q4 2020 | 2020-12-31 | 0.28% | −1.04 pp |
| Q3 2020 | 2020-09-30 | 0.85% | −14.26 pp |
| Q2 2020 | 2020-06-30 | −3.44% | −19.04 pp |
| Q1 2020 | 2020-03-31 | −2.57% | −20.41 pp |
| Q3 2019 | 2019-09-30 | 1.31% | −12.21 pp |
| Q2 2019 | 2019-06-30 | 15.12% | +4.25 pp |
| Q1 2019 | 2019-03-31 | 15.60% | +3.77 pp |
| Q3 2018 | 2018-09-30 | 17.85% | +11.60 pp |
| Q2 2018 | 2018-06-30 | 13.53% | +8.14 pp |
| Q1 2018 | 2018-03-31 | 10.87% | +3.93 pp |
| Q4 2017 | 2017-12-31 | 11.83% | +4.57 pp |
| Q3 2017 | 2017-09-30 | 6.24% | +8.75 pp |
| Q2 2017 | 2017-06-30 | 5.38% | +10.10 pp |
| Q1 2017 | 2017-03-31 | 6.94% | −16.09 pp |
| Q4 2016 | 2016-12-31 | 7.26% | −17.63 pp |
| Q3 2016 | 2016-09-30 | −2.51% | −20.21 pp |
| Q2 2016 | 2016-06-30 | −4.72% | −26.60 pp |
| Q1 2016 | 2016-03-31 | 23.02% | +1.04 pp |
| Q4 2015 | 2015-12-31 | 24.89% | +5.17 pp |
| Q3 2015 | 2015-09-30 | 17.71% | +0.52 pp |
| Q2 2015 | 2015-06-30 | 21.88% | +2.48 pp |
| Q1 2015 | 2015-03-31 | 21.98% | +2.49 pp |
| Q4 2014 | 2014-12-31 | 19.72% | +3.76 pp |
| Q3 2014 | 2014-09-30 | 17.19% | +0.08 pp |
| Q2 2014 | 2014-06-30 | 19.40% | +0.68 pp |
| Q1 2014 | 2014-03-31 | 19.49% | −0.52 pp |
| Q4 2013 | 2013-12-31 | 15.95% | +3.55 pp |
| Q3 2013 | 2013-09-30 | 17.11% | +9.69 pp |
| Q2 2013 | 2013-06-30 | 18.72% | +3.12 pp |
| Q1 2013 | 2013-03-31 | 20.01% | +7.20 pp |
| Q4 2012 | 2012-12-31 | 12.40% | +0.31 pp |
| Q3 2012 | 2012-09-30 | 7.42% | −7.22 pp |
| Q2 2012 | 2012-06-30 | 15.60% | +2.62 pp |
| Q1 2012 | 2012-03-31 | 12.81% | +1.08 pp |
| Q4 2011 | 2011-12-31 | 12.08% | −5.93 pp |
| Q3 2011 | 2011-09-30 | 14.64% | −3.75 pp |
| Q2 2011 | 2011-06-30 | 12.99% | — |
| Q1 2011 | 2011-03-31 | 11.73% | — |
| Q3 2010 | 2010-09-30 | 18.01% | — |
| Q2 2010 | 2010-06-30 | 18.39% | — |
Shenandoah Telecommunications operating margin trends
Over the last five reported fiscal years, Shenandoah Telecommunications's operating margin decreased from −1.18% to −6.49%, a change of −5.32 percentage points. The latest reported quarter, Q1 2026, shows −11.36%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shenandoah Telecommunications filings at SEC.gov ↗