Cogent (CCOI) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income 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
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.0B | 940.9M | 599.6M | 589.8M | 568.1M |
| Cost of Goods Sold | 641.8M | 544.2M | 228.2M | 226.3M | 219.2M |
| Gross Profit | 394.3M | 396.7M | 371.4M | 363.5M | 348.9M |
| Operating Expenses | 275.8M | 275.3M | 163.0M | 162.4M | 158.5M |
| Operating Income | -179.5M | -110.8M | 116.2M | 111.8M | 107.0M |
| Pre-tax Income | -259.6M | 1.2B | 26.4M | 71.4M | 10.3M |
| Income Tax | -55.6M | -54.0M | 21.2M | 23.2M | 4.1M |
| Net Income | -204.1M | 1.3B | 5.1M | 48.2M | 6.2M |
| EPS (Diluted) | -$4.28 | $26.62 | $0.11 | $1.03 | $0.13 |
Income Statement Trend
Cogent Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 482.1M | 513.6M | 365.9M | 409.6M | 456.3M |
| Non-Current Assets | 2.7B | 2.7B | 644.3M | 575.0M | 544.1M |
| Total Assets | 3.2B | 3.2B | 1.0B | 984.6M | 1.0B |
| Liabilities | |||||
| Current Liabilities | 253.3M | 373.3M | 120.3M | 81.0M | 94.4M |
| Non-Current Liabilities | 2.7B | 2.2B | 1.4B | 1.3B | 1.2B |
| Total Liabilities | 3.0B | 2.6B | 1.5B | 1.4B | 1.3B |
| Equity | |||||
| Total Shareholders Equity | 222.8M | 609.6M | -518.6M | -373.1M | -293.2M |
Balance Sheet Composition
Cogent Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -204.1M | 1.3B | 5.1M | 48.2M | 6.2M |
| Operating Cash Flow | 67.5M | -37.2M | 200.7M | 188.0M | 108.0M |
| Investing Activities | |||||
| Capital Expenditures | -195.0M | -129.6M | -79.0M | -69.9M | -56.0M |
| Investing Cash Flow | 21.5M | 76.7M | -79.0M | -69.9M | -56.0M |
| Financing Activities | |||||
| Dividends Paid | -189.4M | -181.7M | -169.9M | -150.3M | -129.4M |
| Financing Cash Flow | 103.7M | -259.1M | -145.5M | -142.6M | -117.4M |
| Free Cash Flow | -203.6M | -112.3M | 94.7M | 100.3M | 84.4M |
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
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ccoi | 2.5B | 105.01 | 16.66 | -59.31% | -20.37% | 1,668.65 |
| T-Mobile US | 267.9B | 23.05 | 4.32 | 19.35% | 14.41% | 199.15 |
| AT&T | 203.7B | 17.36 | 1.96 | 10.89% | 9.64% | 119.25 |
| EchoStar | 9.4B | 11.86 | 0.47 | -1.10% | -1.37% | 149.91 |
| Frontier | 9.2B | 262.45 | 1.88 | -7.64% | -6.47% | 238.73 |
| Millicom | 6.2B | 17.72 | 1.83 | 11.89% | 6.22% | 213.21 |
Financial data is updated regularly. All figures are in the company's reporting currency.