Shenandoah Telecommunications Company (SHEN)
NASDAQ: SHEN · Real-Time Price · USD
10.07
+0.02 (0.20%)
Nov 2, 2026, 12:52 PM EST - Market open
SHEN Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -44.78 | -39.39 | 190.39 | 8.04 | -8.38 | 998.83 |
Depreciation & Amortization | 131.84 | 131.61 | 98.45 | 63.37 | 59.08 | 55.63 |
Loss (Gain) From Sale of Assets | - | - | - | -1.33 | - | - |
Asset Writedown & Restructuring Costs | - | - | 0.38 | 2.55 | 12.64 | 5.99 |
Stock-Based Compensation | 10.05 | 9.59 | 9.84 | 10.03 | 8.53 | 3.41 |
Provision & Write-off of Bad Debts | 1.37 | 1.45 | 2.13 | 2.85 | 1.97 | 1.03 |
Other Operating Activities | -2.34 | -3.07 | -227.88 | -4.51 | -7.95 | -966.43 |
Change in Accounts Receivable | -3.26 | 0.41 | -2.45 | -0.14 | -0.58 | 0.16 |
Change in Accounts Payable | 2.86 | 1.03 | -2.24 | -2.96 | 0.08 | 2.98 |
Change in Income Taxes | -0.12 | 0.97 | 1.38 | 25.53 | 1.05 | -25.15 |
Change in Other Net Operating Assets | 9.84 | 0.66 | -0.63 | 0.9 | -1.01 | -12.99 |
Operating Cash Flow | 105.44 | 101 | 62.57 | 113.77 | 74.9 | -250.93 |
Operating Cash Flow Growth | 13.61% | 61.42% | -45.01% | 51.91% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -322.39 | -358.92 | -319.07 | -255.07 | -188.99 | -160.1 |
Sale of Property, Plant & Equipment | 0.78 | 0.27 | 2.01 | 0.66 | 1.43 | 0.37 |
Cash Acquisitions | - | -5 | -347.41 | - | - | - |
Sale (Purchase) of Intangibles | - | - | - | 17.3 | - | - |
Other Investing Activities | 44.74 | 68.99 | 325.07 | 0.42 | 3.38 | 1,944 |
Investing Cash Flow | -276.87 | -294.66 | -339.41 | -236.69 | -184.18 | 1,784 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 816.74 | 125 | 225 | 75 | - |
Long-Term Debt Repaid | - | -592.96 | -7.04 | - | - | - |
Net Debt Issued (Repaid) | 223.89 | 223.78 | 117.96 | 225 | 75 | - |
Repurchase of Common Stock | -1.8 | -1.04 | -1.73 | -1.39 | -1.08 | -1.63 |
Common Dividends Paid | -6.45 | -6.45 | -5.81 | -4.52 | -3.99 | -940.26 |
Other Financing Activities | -21.17 | -20.7 | 73.43 | -0.98 | -0.93 | -702.59 |
Financing Cash Flow | 194.47 | 195.6 | 183.86 | 218.11 | 69 | -1,644 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 23.04 | 1.93 | -92.98 | 95.19 | -40.28 | -111.05 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -216.95 | -257.92 | -256.5 | -141.3 | -114.09 | -411.04 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -58.45% | -72.07% | -78.19% | -52.50% | -45.84% | -167.61% |
Free Cash Flow Per Share | -3.90 | -4.68 | -4.78 | -2.79 | -2.27 | -8.20 |
Levered Free Cash Flow | -239.15 | -266.37 | -229.12 | -119.87 | -98.1 | 581.81 |
Unlevered Free Cash Flow | -215.83 | -250.52 | -219.19 | -117.24 | -97.11 | 581.81 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 10.79 | - | - | - | - | 10.4 |
Cash Income Tax Paid | 1 | 2.05 | 7.1 | -25.5 | 0.1 | 11.2 |
Change in Working Capital | 9.31 | 3.07 | -3.94 | 23.33 | -0.46 | -35 |