Shenandoah Telecommunications (SHEN) Return on Capital Employed [ROCE] (2009 - 2026)
Shenandoah Telecommunications (SHEN) reported Return on Capital Employed [ROCE] of -0.77% for Q3 2026, up 0.89 percentage points from -1.66% a year earlier and up 0.29 percentage points from the prior quarter.
Shenandoah Telecommunications (SHEN) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Shenandoah Telecommunications posted Return on Capital Employed [ROCE] of -1.35%, up 0.74 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -1.01 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -2.10% in FY2024 (-2.11 pp), 0.01% in FY2023 (+2.10 pp), -2.08% in FY2022 (-1.91 pp) and -0.17% in FY2021 (+0.17 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last four quarters, with an average year-over-year change of -0.21 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2023 (a gain of 2.06 percentage points); the low point was Q3 2022 (a drop of 2.17 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -1.05% (Q2 2026), -1.51% (Q1 2026) and -1.31% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 8.39% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 10.24% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 6.26% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 2.57% |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 7.98% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 2.44% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 0.75% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 32.40% |
| 10 | Shenandoah Telecommunications | 575.80 Mn | 555.55 Mn | 61.02 Mn | -0.77% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.77% |
| Jun 30, 2026 | -1.05% |
| Mar 31, 2026 | -1.51% |
| Dec 31, 2025 | -1.31% |
| Sep 30, 2025 | -1.66% |
| Jun 30, 2025 | -1.47% |
| Mar 31, 2025 | -1.91% |
| Dec 31, 2024 | -1.78% |
| Sep 30, 2024 | -1.43% |
| Jun 30, 2024 | -1.30% |
| Mar 31, 2024 | -0.24% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | -1.31% |
| Jun 30, 2023 | -1.47% |
| Mar 31, 2023 | -1.86% |
| Dec 31, 2022 | -2.04% |
| Sep 30, 2022 | -1.59% |
| Jun 30, 2022 | -1.29% |
| Mar 31, 2022 | -0.61% |
| Dec 31, 2021 | -0.24% |
Shenandoah Telecommunications Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=SHEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=SHEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();