Shenandoah Telecommunications (SHEN) Return on Invested Capital [ROIC] (2011 - 2026)
Shenandoah Telecommunications' Return on Invested Capital [ROIC] came in at -0.96% for Q2 2026, up 0.45 percentage points from -1.41% a year earlier and up 0.42 percentage points from the prior quarter.
Shenandoah Telecommunications (SHEN) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Shenandoah Telecommunications' Return on Invested Capital [ROIC] was -1.29%, up 0.58 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -1.07 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -1.86% in FY2024 (-1.88 pp), 0.01% in FY2023 (+2.12 pp), -2.11% in FY2022 (-1.86 pp) and -0.25% in FY2021 (-0.04 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- Year-over-year, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of -0.29 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2023 (a gain of 2.08 percentage points), and the weakest in Q4 2022 (a drop of 1.69 percentage points).
- Business Quant data shows SHEN's Return on Invested Capital [ROIC] at -1.38% (Q1 2026), -1.25% (Q4 2025) and -1.56% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 7.99% |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 9.86% |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 8.46% |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 0.00% |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 7.77% |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 10.54% |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | -35.40% |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | -12.16% |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | - |
| 10 | Shenandoah Telecommunications | 601.25 Mn | 575.40 Mn | 60.76 Mn | -0.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.96% |
| Mar 31, 2026 | -1.38% |
| Dec 31, 2025 | -1.25% |
| Sep 30, 2025 | -1.56% |
| Jun 30, 2025 | -1.41% |
| Mar 31, 2025 | -1.79% |
| Dec 31, 2024 | -1.64% |
| Sep 30, 2024 | -1.20% |
| Jun 30, 2024 | -1.03% |
| Mar 31, 2024 | -0.21% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | -1.57% |
| Jun 30, 2023 | -1.70% |
| Mar 31, 2023 | -1.93% |
| Dec 31, 2022 | -2.07% |
| Dec 31, 2021 | -0.38% |
| Sep 30, 2021 | 0.70% |
| Jun 30, 2021 | 0.32% |
| Mar 31, 2021 | 0.09% |
| Dec 31, 2020 | -0.21% |
Shenandoah Telecommunications Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=SHEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=SHEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();