Shenandoah Telecommunications (SHEN) Capital Expenditures (2011 - 2026)
Shenandoah Telecommunications (SHEN) reported Capital Expenditures of $70.37 million for Q2 2026, down 18.4% from $86.2 million a year earlier and down 7.2% from the prior quarter.
Shenandoah Telecommunications (SHEN) Capital Expenditures (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shenandoah Telecommunications' Capital Expenditures came in at $335.68 million, down 0.6% year-over-year; for FY2025, it was $358.92 million, up 12.5% from FY2024.
- Capital Expenditures has increased for seven consecutive years, with a five-year compound annual growth rate of 24.4% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $319.07 million in FY2024 (+25.1%), $255.07 million in FY2023 (+35.0%), $188.99 million in FY2022 (+18.0%) and $160.1 million in FY2021 (+32.9%).
- The Q2 2026 figure ranks as the lowest quarterly Capital Expenditures since Q1 2024.
- Year over year, Capital Expenditures gained in six of the last eight quarters, with growth averaging 12.9%.
- The high point for year-over-year Capital Expenditures in five years was Q2 2023 (growth of 57.6%); the low point was Q2 2026 (a decline of 18.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $75.82 million (Q1 2026), $107.37 million (Q4 2025) and $82.11 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 4.01 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | 2.70 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 5.70 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 2.90 Bn |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | -167.60 Mn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | 92.30 Mn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | 597.62 Mn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | -780.76 Mn |
| 10 | Shenandoah Telecommunications | 621.18 Mn | 595.33 Mn | 60.76 Mn | 70.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.37 Mn |
| Mar 31, 2026 | 75.82 Mn |
| Dec 31, 2025 | 107.37 Mn |
| Sep 30, 2025 | 82.11 Mn |
| Jun 30, 2025 | 86.20 Mn |
| Mar 31, 2025 | 83.24 Mn |
| Dec 31, 2024 | 92.62 Mn |
| Sep 30, 2024 | 75.54 Mn |
| Jun 30, 2024 | 80.86 Mn |
| Mar 31, 2024 | 70.05 Mn |
| Dec 31, 2023 | 65.73 Mn |
| Sep 30, 2023 | 54.08 Mn |
| Jun 30, 2023 | 67.79 Mn |
| Mar 31, 2023 | 67.47 Mn |
| Dec 31, 2022 | 56.63 Mn |
| Sep 30, 2022 | 43.65 Mn |
| Jun 30, 2022 | 43.01 Mn |
| Mar 31, 2022 | 45.69 Mn |
| Dec 31, 2021 | 41.30 Mn |
| Sep 30, 2021 | 39.24 Mn |
Shenandoah Telecommunications Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SHEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "SHEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=SHEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();