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Cogent Communications Holdings, Inc. CCOI R2K

Communication Services · Telecom Services · United States
https://www.cogentco.com

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa. It offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. The company also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, it offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, the company operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.

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$17.76
-59.93% 1Y

Market & Price

Market Cap
$889.38M
Current Price
$17.76
High / Low (52W)
$51.31 / $15.75
Beta
0.83

Valuation

Stock P/E
-
Industry PE
23.46
Forward P/E
-
PEG Ratio
2.22
Book Value
$-2.18
Price to Book
-8.15
P/S
1.00
EV/EBITDA
20.03
Dividend Yield
6.05%

Profitability & Returns

ROCE
-2.90%
ROE
-
ROA
-1.62%
Profit Margin
-19.08%
Op Margin
-7.48%
EPS (Latest Qtr)
$-0.83
EPS (TTM)
$-3.54

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
1.43
Current Ratio
1.90
Debt
$2.66B
Total Assets
$3.10B
Current Assets
$450.58M
Working Capital
$229.74M

Ownership

Promoter Holding
4.16%
Chg in Prom Hold
-
FII / Inst Holding
102.44%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$3.37B
Total Revenue (TTM)
$889.40M
EBITDA
$168.24M
Free Cash Flow
$-108.70M
Operating Cash Flow
$-32.10M
Shares Outstanding
50.08M
Gross Margin
49.60%
Payout Ratio
562.32%

Growth (CAGR)

Revenue 5Y
17.62%
Profit 5Y
-1,213.37%
Revenue (YoY)
-3.20%
Earnings (YoY)
-

PROS

  • Compounding revenue at 17.6% over 5 years.
  • Attractive dividend yield of 6.05%.

CONS

  • Earnings shrank at -1213.4% CAGR over 5 years.
  • Trading 65.4% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CCOI Cogent Communications Holdings, Inc. R2K 17.76 - $889.38M 6.05% -2.90% - 17.62% -1,213.37%
2 GOOGL Alphabet Inc. NDXSPXAI 380.34 28.99 $4.61T 0.23% 32.40% 38.88% 12.51% 30.14%
3 META Meta Platforms, Inc. NDXSPXAI 632.51 22.99 $1.61T 0.33% 26.87% 32.93% 19.89% 37.61%
4 NFLX Netflix, Inc. NDXSPXAI 86.02 27.75 $362.21B - 30.26% 48.49% 12.64% 34.71%
5 APP AppLovin Corporation NDXSPXAI 613.09 53.17 $205.96B - 70.20% - 24.84% 609.87%
6 TMUS T-Mobile US, Inc. NDXSPX 187.53 19.93 $202.95B 2.18% 9.27% 18.02% 3.53% 61.90%
7 VZ Verizon Communications Inc. SPX 47.81 11.66 $199.63B 5.92% 8.59% 17.20% 0.33% -6.86%
8 DIS The Walt Disney Company SPX 101.83 16.29 $176.83B 1.47% 8.46% 11.01% 4.51% 58.00%
9 T AT&T Inc. SPX 24.80 8.16 $172.32B 4.48% 9.23% 18.37% 1.34% 119.18%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 109.95M113.06M115.60M108.29M109.95M113.06M115.60M117.20M119.78M122.97M125.23M128.71M129.30M130.14M---------------------247.05M246.25M241.95M240.52M239.19M
Cost of Revenue -----------------------------------137.44M137.49M131.68M128.35M129.23M
Gross Profit -----------------------------------109.61M108.75M110.27M112.17M109.96M
Operating Expenses -----------------------------------149.90M140.21M130.85M123.65M126.39M
Operating Income 17.51M16.06M14.79M15.68M17.51M16.06M14.79M18.67M19.00M17.72M20.53M20.64M21.35M22.25M22.31M24.40M22.02M25.80M28.03M25.85M27.57M26.04M26.29M28.21M28.56M28.78M29.57M28.09M24.31M-34.60M-50.56M-59.39M-47.14M---40.29M-31.46M-20.58M-11.48M-16.43M
EBITDA -----------------------------------40.86M42.96M51.20M54.89M46.95M
Interest Expense -----------------------------------35.08M42.19M43.37M44.05M43.88M
Pretax Income ------------------------------------70.26M-74.53M-52.59M-47.58M-50.98M
Tax Provision ------------------------------------18.22M-16.72M-11.05M-16.80M-11.44M
Net Income ---------------------------------32.34M---52.04M-57.81M-41.54M-30.78M-39.54M
Diluted EPS 0.020.070.06-----0.10---0.140.180.16-0.160.30--0.18-0.110.41-0.050.280.020.24-0.170.1323.65-1.20-1.38-0.68---1.09-1.21-0.87-0.64-0.83

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ----347.98M380.00M404.23M446.90M485.18M----599.60M940.92M1.04B975.77M
Cost of Revenue -------------228.15M544.23M641.84M534.96M
Gross Profit -------------371.45M396.69M394.27M440.80M
Operating Expenses -------------255.24M507.53M573.80M544.62M
Operating Income -3.79M15.21M36.51M30.97M46.15M53.90M53.04M64.04M75.92M86.56M100.26M106.92M-116.21M-110.84M-179.53M-103.81M
EBITDA -------------229.29M1.55B161.69M186.58M
Interest Expense -------------110.70M93.34M123.32M161.36M
Pretax Income -------------26.38M1.22B-259.65M-244.97M
Tax Provision -------------21.23M-53.96M-55.58M-62.79M
Net Income -------------5.15M1.27B-204.07M-182.17M
Diluted EPS --0.17-0.091.210.020.110.330.130.630.810.13-0.1126.62-4.28-3.80

Compounded Sales Growth

5 Years:17.62%
1 Year:-3.20%

Compounded Profit Growth

5 Years:-1,213.37%
1 Year:-

Stock Price Performance

1 Year:-59.93%
6 Months:-0.52%
3 Months:-5.13%
1 Month:-24.20%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --376.10M597.65M606.53M755.10M754.91M662.82M737.89M710.59M739.85M932.12M1.00B-1.01B3.21B3.17B3.10B
Current Assets --------------365.91M513.63M482.10M450.58M
Cash & Equivalents 71.29M55.93M56.28M238.21M304.87M304.87M287.79M203.59M274.32M247.01M276.09M399.42M371.30M-223.78M75.09M198.49M148.51M
Inventory ------------------
Receivables --------------44.12M135.47M96.93M88.05M
Total Liabilities --224.30M433.65M446.75M561.61M671.12M675.09M791.15M813.13M888.85M1.14B1.29B-1.53B2.60B2.95B3.16B
Current Liabilities --41.66M47.84M51.74M143.69M60.03M68.90M67.91M74.53M75.31M89.69M94.44M-120.28M373.32M253.34M220.84M
Long Term Debt ------440.00M471.20M569.75M574.97M645.46M798.12M881.98M-944.26M945.59M1.44B1.71B
Total Debt --------------1.36B1.83B2.34B2.66B
Total Equity 150.95M144.48M151.80M164.00M159.78M193.49M83.79M-12.27M-53.25M-102.54M-149.00M-203.68M-293.17M--518.63M609.56M222.85M-63.85M
Shares Outstanding --------------48.01M48.61M49.03M50.06M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow ------83.81M107.97M111.70M133.92M148.81M140.32M-173.71M17.34M-8.64M-10.58M
Investing Cash Flow -------35.47M-45.23M-45.80M-49.94M-46.96M-55.95M--78.97M76.73M21.49M-87.57M
Financing Cash Flow -------128.85M8.34M-97.27M-52.55M22.02M-116.00M--144.85M-257.85M105.92M62.90M
Capital Expenditure -49.51M-52.76M-45.86M-44.34M-49.03M-60.03M-35.58M-45.23M-45.80M-49.94M-46.96M-55.95M--78.97M-129.63M-195.00M-187.57M
Free Cash Flow ------48.23M62.73M65.90M83.98M101.85M84.37M-94.74M-112.29M-203.64M-198.15M
Net Change in Cash --------------50.11M-163.78M118.77M-35.24M
Share Buybacks 730.00K-2.97M1.26M-58.58M39.39M4.49M1.83M6.56M-4.50M---7.97M16.69M
Dividends Paid ----35.35M54.22M66.31M68.21M81.66M97.89M112.65M129.41M150.29M169.86M181.72M189.41M150.06M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------61.9%42.2%38.1%45.2%
Operating Margin % ----13.3%14.2%13.1%14.3%15.6%----19.4%-11.8%-17.3%-10.6%
Net Margin % -------------0.9%135.3%-19.7%-18.7%
ROE % --------------1.0%208.9%-91.6%285.3%
ROCE % -4.5%6.6%5.6%7.5%7.8%8.9%9.6%11.9%13.0%11.9%11.8%-13.1%-3.9%-6.1%-3.6%

Shareholding Pattern

Insiders
4.16%
Institutions
102.44%
Public Float
106.89%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 14.13% 7.08M $125.66M
2 Turtle Creek Asset Management Inc. 8.68% 4.35M $77.24M
3 Vanguard Portfolio Management LLC 5.49% 2.75M $48.82M
4 Edgepoint Investment Group Inc. 4.56% 2.28M $40.55M
5 State Street Corporation 4.54% 2.27M $40.37M
6 Vanguard Capital Management LLC 4.23% 2.12M $37.66M
7 Park West Asset Management LLC 3.86% 1.94M $34.37M
8 Morgan Stanley 3.76% 1.88M $33.44M
9 Newtyn Management, Llc 3.20% 1.60M $28.42M
10 Magnolia Group, LLC 2.58% 1.29M $22.91M

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