Shenandoah Telecommunications (SHEN) Net Margin (2009 - 2026)
Shenandoah Telecommunications (SHEN) recorded Net Margin of -11.51% in Q3 2026, up 0.64 percentage points from -12.15% a year earlier but down 1.56 percentage points from the prior quarter.
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Analysis
Shenandoah Telecommunications (SHEN) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Shenandoah Telecommunications' Net Margin came in at -12.06% as of Sep 30, 2026, down 1.66 percentage points year-over-year; for FY2025, it came in at -11.01%, down 69.04 percentage points from FY2024.
- Annual Net Margin has a five-year change of -67.93 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 58.03% in FY2024 (+55.05 pp), 2.99% in FY2023 (+6.35 pp), -3.37% in FY2022 (-410.66 pp) and 407.29% in FY2021 (+350.37 pp).
- Quarterly Net Margin has ranged from -18.80% in Q1 2026 to 310.04% in Q1 2024 over the past five years.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -42.41 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 306.96 percentage points in Q1 2024, against a drop of 1438.47 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.95% (Q2 2026), -18.80% (Q1 2026) and -8.00% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 15.15% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 14.65% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 2.65% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 10.07% |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 11.77% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 18.36% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 246.74% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 9.74% |
| 10 | Shenandoah Telecommunications | 575.80 Mn | 555.55 Mn | 61.02 Mn | -11.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -11.51% |
| Jun 30, 2026 | -9.95% |
| Mar 31, 2026 | -18.80% |
| Dec 31, 2025 | -8.00% |
| Sep 30, 2025 | -12.15% |
| Jun 30, 2025 | -11.91% |
| Mar 31, 2025 | -12.06% |
| Dec 31, 2024 | -5.31% |
| Sep 30, 2024 | -7.88% |
| Jun 30, 2024 | -15.00% |
| Mar 31, 2024 | 310.04% |
| Dec 31, 2023 | 3.81% |
| Sep 30, 2023 | 2.36% |
| Jun 30, 2023 | 2.69% |
| Mar 31, 2023 | 3.08% |
| Dec 31, 2022 | -16.25% |
| Sep 30, 2022 | -4.08% |
| Jun 30, 2022 | -4.88% |
| Mar 31, 2022 | -0.94% |
| Dec 31, 2021 | 2.24% |
API Access
Shenandoah Telecommunications Net Margin 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=net-margin&ticker=SHEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=SHEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();