CABLE ONE INC (CABO)
Communication · Regional cable and broadband services · NYSE
Regional broadband and video provider serving non-metropolitan markets across the US with fiber-based infrastructure under the Sparklight brand.
What CABLE ONE INC does
Cable One, Inc. (operating as Sparklight) is a broadband communications provider serving approximately 1.0 million residential and business customers across 24 Western, Midwestern and Southern states. The company delivers fiber-based infrastructure supporting data, video, and voice products, with residential data (60% of revenues), business data (15%), and residential video (12.5%) as its primary revenue streams. Cable One focuses on growing higher-margin data services while managing the declining profitability of video services due to rising programming costs and competition from streaming providers.
Themes: ["Regional broadband connectivity","Fiber infrastructure","Video services / declining segment","Business data / SMB connectivity","Non-metropolitan markets"]
Fundamentals
- Price$35.27 as of 2026-07-09 close
- Market cap$199M as of 2026-07-10
- 1-year return-73.6% as of 2026-07-09 close
- Net margin-21.9% as of 2026-07-10
- Gross margin+73.8% as of 2026-07-10
- ROE-22.8% as of 2026-07-10
- Debt / equity2.11 as of 2026-07-10
- Revenue growth (YoY)-5.3% as of 2026-07-10
- Revenue CAGR (3y)+5.6% SEC XBRL
- Beta0.50 as of 2026-07-10
Dividend: yield +2.2%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Intense competition from historical and new entrants in served markets, leading to recent subscriber losses in residential data despite broadband capacity upgrades","Rising programming costs and retransmission fees compressing video service profitability, alongside structural decline in video demand from streaming competition and voice demand from wireless substitution","Significant leverage and debt service obligations limiting financial flexibility, with covenant restrictions on business and capital allocation decisions"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.