Cogent Communications Holdings, Inc. | Mid-cap | Communication Services

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.0B
Gross Profit 394.3M 38.05%
Operating Income -179.5M -17.33%
Net Income -204.1M -19.70%
EPS (Diluted) -$4.28

Balance Sheet Metrics

Total Assets 3.2B
Total Liabilities 3.0B
Shareholders Equity 222.8M
Debt to Equity 13.24

Cash Flow Metrics

Operating Cash Flow 67.5M
Free Cash Flow -203.6M

Revenue & Profitability Trend

Cogent Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue1.0B940.9M599.6M589.8M568.1M
Cost of Goods Sold641.8M544.2M228.2M226.3M219.2M
Gross Profit394.3M396.7M371.4M363.5M348.9M
Operating Expenses275.8M275.3M163.0M162.4M158.5M
Operating Income-179.5M-110.8M116.2M111.8M107.0M
Pre-tax Income-259.6M1.2B26.4M71.4M10.3M
Income Tax-55.6M-54.0M21.2M23.2M4.1M
Net Income-204.1M1.3B5.1M48.2M6.2M
EPS (Diluted)-$4.28$26.62$0.11$1.03$0.13

Income Statement Trend

Cogent Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets482.1M513.6M365.9M409.6M456.3M
Non-Current Assets2.7B2.7B644.3M575.0M544.1M
Total Assets3.2B3.2B1.0B984.6M1.0B
Liabilities
Current Liabilities253.3M373.3M120.3M81.0M94.4M
Non-Current Liabilities2.7B2.2B1.4B1.3B1.2B
Total Liabilities3.0B2.6B1.5B1.4B1.3B
Equity
Total Shareholders Equity222.8M609.6M-518.6M-373.1M-293.2M

Balance Sheet Composition

Cogent Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income-204.1M1.3B5.1M48.2M6.2M
Operating Cash Flow67.5M-37.2M200.7M188.0M108.0M
Investing Activities
Capital Expenditures-195.0M-129.6M-79.0M-69.9M-56.0M
Investing Cash Flow21.5M76.7M-79.0M-69.9M-56.0M
Financing Activities
Dividends Paid-189.4M-181.7M-169.9M-150.3M-129.4M
Financing Cash Flow103.7M-259.1M-145.5M-142.6M-117.4M
Free Cash Flow-203.6M-112.3M94.7M100.3M84.4M

Cash Flow Trend

Cogent Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 105.01
Forward P/E -14.43
Price to Book 16.66
Price to Sales 2.63
PEG Ratio -14.43

Profitability Ratios

Profit Margin -20.37%
Operating Margin -17.76%
Return on Equity -59.31%
Return on Assets -3.38%

Financial Health

Current Ratio 1.49
Debt to Equity 1,668.65
Beta 0.69

Per Share Data

EPS (TTM) -$3.99
Book Value per Share $3.00
Revenue per Share $19.64

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
ccoi2.5B105.0116.66-59.31%-20.37%1,668.65
T-Mobile US 267.9B23.054.3219.35%14.41%199.15
AT&T 203.7B17.361.9610.89%9.64%119.25
EchoStar 9.4B11.860.47-1.10%-1.37%149.91
Frontier 9.2B262.451.88-7.64%-6.47%238.73
Millicom 6.2B17.721.8311.89%6.22%213.21

Financial data is updated regularly. All figures are in the company's reporting currency.