Shenandoah Telecommunications (SHEN) Return on Invested Capital [ROIC] (2009 - 2026)
Shenandoah Telecommunications' Return on Invested Capital [ROIC] came in at -0.69% for Q3 2026, up 0.87 percentage points from -1.56% a year earlier and up 0.26 percentage points from the prior quarter.
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Analysis
Shenandoah Telecommunications (SHEN) Return on Invested Capital [ROIC] (2009 - 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 Q3 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 four consecutive quarters, with an average year-over-year change of -0.23 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 -0.96% (Q2 2026), -1.38% (Q1 2026) and -1.25% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 8.22% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 10.51% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 6.91% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 2.72% |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 7.84% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 10.75% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 0.79% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 34.10% |
| 10 | Shenandoah Telecommunications | 575.80 Mn | 555.55 Mn | 61.02 Mn | -0.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.69% |
| 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 | 0.31% |
| Mar 31, 2021 | 0.09% |
API Access
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_KEYimport 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();