Demonstrações financeiras detalhadas de Cable One, Inc. (CABO): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Cable One, Inc. registou receitas de $1.50B no último exercício, com um CAGR de 5 anos de 2.5%.
Margens dos últimos 12 meses: margem bruta 56.2%, margem operacional -16.5%, margem líquida -72.8%. O fluxo de caixa livre cresceu a CAGR de 0.3% em 5 anos.
Ao preço atual de $18.94, CABO apresenta lucros negativos (P/L não significativo) e um ROE de -89.91%. A capitalização de mercado é de $107M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $819.6M | $960.0M | $1.07B | $1.17B | $1.33B | $1.61B | $1.71B | $1.68B | $1.58B | $1.50B |
| Custo da Receita | $304.4M | $337.0M | $370.3M | $388.6M | $418.7M | $455.4M | $470.9M | $440.9M | $416.8M | $730.7M |
| Lucro Bruto | $515.2M | $623.0M | $702.0M | $779.4M | $906.5M | $1.15B | $1.24B | $1.24B | $1.16B | $770.8M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $184.8M | $204.8M | $222.2M | $245.1M | $255.2M | $347.1M | $350.3M | $354.7M | $366.0M | $372.9M |
| Despesas Operacionais | $327.0M | $386.4M | $419.9M | $469.0M | $437.2M | $693.9M | $696.1M | $710.3M | $720.8M | $372.9M |
| Lucro Operacional | $188.2M | $236.0M | $267.9M | $310.5M | $469.4M | $456.6M | $539.0M | $526.9M | $441.9M | $397.9M |
| EBITDA | $343.5M | $424.4M | $481.6M | $522.2M | $718.6M | $789.6M | $849.9M | $924.4M | $723.9M | $24.2M |
| Despesas com Juros | $30.2M | $46.9M | $60.4M | $71.7M | $73.6M | $113.4M | $124.0M | $170.1M | $138.0M | $130.0M |
| Lucro Antes de Impostos | $163.1M | $189.8M | $212.0M | $233.8M | $380.7M | $337.6M | $332.7M | $411.4M | $39.7M | -$444.3M |
| Imposto | $64.2M | -$44.2M | $47.2M | $55.2M | $76.3M | $45.8M | $119.7M | $72.8M | $25.2M | -$87.9M |
| Lucro Líquido | $98.9M | $234.0M | $164.8M | $178.6M | $304.4M | $291.8M | $213.1M | $224.6M | $14.5M | -$356.5M |
| LPA | $17.23 | $41.20 | $28.98 | $31.45 | $51.73 | $48.49 | $39.73 | $40.86 | $2.58 | $-63.21 |
| LPA Diluído | $17.14 | $40.72 | $28.77 | $31.12 | $51.27 | $45.69 | $37.08 | $38.08 | $2.58 | $-63.21 |
| Ações em Circulação (Diluídas) | $5.8M | $5.7M | $5.7M | $5.7M | $5.9M | $6.4M | $6.3M | $6.1M | $5.6M | $5.6M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $376.0M | $363.7M | $353.0M | $348.9M |
| Lucro Bruto | $196.6M | $186.3M | $176.6M | $250.2M |
| Lucro Operacional | $98.2M | $97.4M | $91.0M | -$524.9M |
| EBITDA | $232.9M | $109.3M | $171.2M | -$874.7M |
| Lucro Líquido | $86.5M | -$7.6M | $35.8M | -$1.16B |
| LPA | $15.33 | $-1.35 | $6.29 | $-204.35 |
| LPA Diluído | $14.52 | $-1.35 | $6.12 | $-204.35 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $138.0M | $161.8M | $264.1M | $125.3M | $574.9M | $388.8M | $215.2M | $190.3M | $153.6M | $152.8M |
| Investimentos de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contas a Receber | $29.4M | $51.3M | $40.7M | $40.6M | $80.0M | $80.4M | $74.4M | $94.0M | $57.7M | $58.6M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $185.9M | $242.4M | $317.9M | $181.5M | $672.8M | $501.0M | $346.7M | $342.4M | $279.2M | $306.6M |
| Imobilizado | $619.6M | $831.9M | $848.0M | $1.22B | $1.28B | $1.87B | $1.71B | $1.80B | $1.79B | $1.78B |
| Ágio | $84.9M | $172.1M | $172.1M | $429.6M | $430.5M | $967.9M | $928.9M | $928.9M | $929.6M | $840.8M |
| Ativos Intangíveis | $497.5M | $965.7M | $953.9M | $1.31B | $1.29B | $2.87B | $2.67B | $2.60B | $2.53B | $1.97B |
| Ativos Totais | $1.40B | $2.22B | $2.30B | $3.15B | $4.49B | $6.95B | $6.89B | $6.76B | $6.53B | $5.59B |
| Contas a Pagar | $17.1M | $21.7M | $20.8M | $36.4M | $22.7M | $35.7M | $39.6M | $45.0M | $31.9M | $28.1M |
| Dívida de Curto Prazo | $6.2M | $14.4M | $20.6M | $28.9M | $26.4M | $38.8M | $55.9M | $19.0M | $18.7M | $593.5M |
| Passivos Circulantes | $111.1M | $170.6M | $133.7M | $189.5M | $221.6M | $269.1M | $244.2M | $202.8M | $213.9M | $759.3M |
| Dívida de Longo Prazo | $530.9M | $1.16B | $1.14B | $1.71B | $2.15B | $3.80B | $3.75B | $3.63B | $3.57B | $2.60B |
| Passivos Totais | $942.8M | $1.55B | $1.53B | $2.31B | $2.99B | $5.16B | $5.15B | $4.95B | $4.73B | $4.15B |
| Reservas | $511.8M | $723.4M | $850.3M | $980.4M | $1.23B | $1.46B | $1.60B | $1.76B | $1.71B | $1.33B |
| Patrimônio Líquido | $454.5M | $671.4M | $775.4M | $841.6M | $1.50B | $1.79B | $1.74B | $1.81B | $1.80B | $1.43B |
| Dívida Total | $537.1M | $1.18B | $1.16B | $1.76B | $2.19B | $3.85B | $3.82B | $3.66B | $3.60B | $3.19B |
| Dívida Líquida | $399.1M | $1.01B | $898.6M | $1.63B | $1.61B | $3.46B | $3.60B | $3.47B | $3.44B | $3.04B |
| Capital de Giro | $74.8M | $71.8M | $184.2M | -$8.1M | $451.2M | $231.9M | $102.5M | $139.5M | $65.4M | -$452.7M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $166.6M | $152.8M | $165.6M | $166.2M |
| Ativos Totais | $5.69B | $5.59B | $5.53B | $4.62B |
| Passivos Totais | $4.26B | $4.15B | $4.05B | $4.30B |
| Patrimônio Líquido | $1.43B | $1.43B | $1.48B | $326.4M |
| Dívida Total | $3.29B | $3.19B | $3.11B | $3.05B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $98.9M | $234.0M | $164.8M | $178.6M | $304.4M | $291.8M | $234.1M | $224.6M | $14.5M | -$356.5M |
| Depreciação e Amortização | $142.2M | $181.6M | $197.7M | $216.7M | $265.7M | $339.0M | $350.5M | $342.9M | $341.8M | $338.5M |
| Compensação em Ações | $12.3M | $10.7M | $10.5M | $12.3M | $14.6M | $20.1M | $22.5M | $29.4M | $31.7M | $42.6M |
| Variação Capital de Giro | -$731000 | -$19.9M | -$18.6M | $18.1M | -$40.4M | -$8.8M | $2.4M | -$29.0M | $22.4M | -$30.3M |
| Fluxo de Caixa Operacional | $251.8M | $324.5M | $407.8M | $491.7M | $574.4M | $704.3M | $738.0M | $663.2M | $664.1M | $563.3M |
| CapEx | -$144.4M | -$175.2M | -$215.8M | -$257.8M | -$303.9M | -$384.5M | -$410.7M | -$370.5M | -$286.4M | -$289.0M |
| Aquisições | $8.1M | -$727.9M | $1.5M | -$883.4M | -$650.4M | -$2.16B | -$41.2M | $56.7M | 0 | $134.0M |
| Recompra de Ações | -$56.4M | -$528000 | -$26.6M | -$5.1M | 0 | -$8.5M | -$353.3M | -$99.6M | -$2.9M | 0 |
| Dividendos Pagos | -$34.4M | -$37.2M | -$42.9M | -$48.5M | -$56.6M | -$63.5M | -$66.3M | -$66.3M | -$67.9M | -$17.2M |
| Fluxo de Caixa Livre | $107.4M | $149.3M | $192.0M | $233.9M | $270.4M | $319.8M | $327.3M | $292.7M | $377.8M | $274.4M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $156.5M | $145.5M | $118.2M | $120.9M |
| CapEx | -$71.2M | -$76.0M | -$67.9M | -$78.5M |
| Fluxo de Caixa Livre | $85.4M | $69.5M | $50.4M | $42.3M |
| Dividendos Pagos | 0 | 0 | 0 | 0 |
| Compensação em Ações | $11.3M | $9.9M | $7.6M | $5.0M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +17.1% | +11.7% | +8.9% | +13.5% | +21.2% | +6.2% | -1.6% | -5.9% | -4.9% |
| Crescimento Lucro Líquido (anual) | | +136.5% | -29.6% | +8.4% | +70.4% | -4.1% | -27.0% | +5.4% | -93.6% | -2561.7% |
| Crescimento LPA (anual) | | +139.1% | -29.7% | +8.5% | +64.5% | -6.3% | -18.1% | +2.8% | -93.7% | -2550.0% |
| Variação de Ações (anual) | | -0.4% | -0.4% | +0.2% | +3.5% | +7.6% | -1.1% | -4.0% | -7.3% | +0.3% |
| Crescimento FCF (anual) | | +39.0% | +28.6% | +21.8% | +15.6% | +18.3% | +2.3% | -10.6% | +29.1% | -27.4% |
| Margem Bruta | 62.9% | 64.9% | 65.5% | 66.7% | 68.4% | 71.6% | 72.4% | 73.7% | 73.6% | 51.3% |
| Margem Operacional | 23.0% | 24.6% | 25.0% | 26.6% | 35.4% | 28.4% | 31.6% | 31.4% | 28.0% | 26.5% |
| Margem EBITDA | 41.9% | 44.2% | 44.9% | 44.7% | 54.2% | 49.2% | 49.8% | 55.1% | 45.8% | 1.6% |
| Margem Líquida | 12.1% | 24.4% | 15.4% | 15.3% | 23.0% | 18.2% | 12.5% | 13.4% | 0.9% | -23.7% |
| Margem FCF | 13.1% | 15.6% | 17.9% | 20.0% | 20.4% | 19.9% | 19.2% | 17.4% | 23.9% | 18.3% |
| Taxa Efetiva de Imposto | 39.3% | -23.3% | 22.3% | 23.6% | 20.0% | 13.6% | 36.0% | 17.7% | 63.5% | 19.8% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $18.62 | $25.98 | $33.53 | $40.76 | $45.55 | $50.07 | $51.84 | $48.28 | $67.21 | $48.65 |
| Dividendo por Ação | $5.97 | $6.48 | $7.48 | $8.46 | $9.53 | $9.93 | $10.49 | $10.94 | $12.08 | $3.06 |
| Ações em Circulação (Básicas) | $5.7M | $5.7M | $5.7M | $5.7M | $5.9M | $6.0M | $5.9M | $5.6M | $5.6M | $5.6M |
O que olhar em empresas de Communication Services
- Crescimento de receita 3a (≥15%/ano) — Valida tração sustentada, não um ano pontual.
- Margem bruta (Depende do sub-setor) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Receita (≥20%) — Caixa real gerada. Muitas tech maquilham lucros não-GAAP.
- ROIC (≥15%) — Eficiência do capital reinvestido — a primeira métrica de Buffett.
- SBC / Receita (<10% saudável) — Stock-based compensation. Diluição silenciosa: >20% destrói valor.
- Dívida Líquida / EBITDA (≤2x (1,5x SaaS)) — Resistência em recessões e subidas de juros.
Rentabilidade
| Retorno sobre patrimônio | -89.91% |
| Retorno sobre capital investido | -5.46% |
| Retorno sobre ativos | -22.71% |
| Margem bruta | 56.16% |
| Margem operacional | -16.53% |
| Margem líquida | -72.83% |
Saúde financeira
| Dívida / Patrimônio | 9.35 |
| Liquidez corrente | 0.48 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 0.83 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 36.08 | 17.07 | 28.30 | 47.33 | 43.06 | 36.37 | 17.92 | 13.62 | 140.36 | -1.79 |
| P/VP | 7.86 | 5.95 | 6.01 | 10.04 | 8.77 | 5.92 | 2.41 | 1.74 | 1.13 | 0.44 |
| P/V | 4.36 | 4.16 | 4.35 | 7.24 | 9.89 | 6.61 | 2.46 | 1.87 | 1.29 | 0.42 |
| Margem Bruta | 62.9% | 64.9% | 65.5% | 66.7% | 68.4% | 71.6% | 72.4% | 73.7% | 73.6% | 51.3% |
| Margem Operacional | 23.0% | 24.6% | 25.0% | 26.6% | 35.4% | 28.4% | 31.6% | 31.4% | 28.0% | 26.5% |
| Margem Líquida | 12.1% | 24.4% | 15.4% | 15.3% | 23.0% | 18.2% | 12.5% | 13.4% | 0.9% | -23.7% |