Shenandoah Telecommunications's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Shenandoah Telecommunications (SHEN) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Shenandoah Telecommunications vs Its Competitors
- TTM: Trailing 12-month revenue of 362M vs 338,407M combined for tracked competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (+1.8% annualized vs trailing 12 months), vs holding steady (-0.2%) for its tracked peer group.
- Growth: Shenandoah Telecommunications generated 4.8% revenue growth year over year in Q1 2026, vs 2.5% for its tracked competitors combined.
- Profitability: Its -17.1% net margin compares with 6.5% for the peer group.
- Scale: Shenandoah Telecommunications ranks #31 of 58 companies by market capitalization in the Communications Services industry, holding 0.1% of industry market cap.
- Peer revenue share: Shenandoah Telecommunications accounted for 0.1% of combined revenue among its tracked peer group, up from 0.1% a year earlier.
- Peer differentiation: Revenue per employee of $0.35M compares with $0.86M for the peer group (0.4x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
SHEN Sales vs. its Competitors, Q1 2026
Shenandoah Telecommunications reported revenue growth of 4.84 % year on year in Q1 2026, above its competitors' combined revenue growth of 2.45 %.
With a net margin of -17.09 %, Shenandoah Telecommunications reported lower profitability than its competitors (6.46 %).
Shenandoah Telecommunications generated 0.11 % of the combined sales of its peer group, up from 0.11 % a year earlier.
Shenandoah Telecommunications vs. its Competitors, Q1 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Shenandoah Telecommunications and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Shenandoah Telecommunications Company | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (6) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Shenandoah Telecommunications's competitor groups requires a Commercial License.
For context: the Communications Services industry grew revenue 7.4% year over year, combined, vs 4.8% for Shenandoah Telecommunications. Shenandoah Telecommunications's share of combined industry revenue moved from 0.01% to 0.01%, a gain of 0.00 percentage points.
Shenandoah Telecommunications's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Shenandoah Telecommunications Company | No | Yes | Yes | Yes |
| Competitors combined (5) | ||||
| High-Confidence Competitors (7) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 25.00 % (2 of 8) | 50.00 % (4 of 8) | 50.00 % (4 of 8) | 37.50 % (3 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SHEN Stock Performance relative to its Competitors
SHEN Stock Performance relative to High-Confidence Competitors
SHEN Stock Performance relative to Similar-Size Competitors
SHEN Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Verizon Communications Inc | 282.9% | Outperformed |
| 2 | Lumen Technologies inc | 282.9% | Outperformed |
| 3 | Comcast corporation | 282.9% | Outperformed |
| 4 | Charter Communications Inc | 282.9% | Outperformed |
| 5 | Optimum Communications Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Shenandoah Telecommunications's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Shenandoah Telecommunications's Comment on Competition and Industry Peers
Publicly Traded Peers of Shenandoah Telecommunications Company
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Shenandoah Telecommunications Company | 630.54 | 362.11 |
| Verizon Communications Inc | 194,702.28 | 138,895.00 |
| Comcast corporation | 77,790.30 | 124,904.00 |
| Charter Communications Inc | 13,507.88 | 54,396.00 |
| Lumen Technologies inc | 5,552.70 | 11,832.00 |
| Optimum Communications Inc | 450.16 | 8,380.05 |
| SUBTOTAL | 292,633.85 | 338,769.16 |
Sources: Shenandoah Telecommunications Company's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Shenandoah Telecommunications Company versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Shenandoah Telecommunications's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Disney+ | Named by the company | 85% |
| DirecTV | Named by the company | 85% |
| SBA Communications Corp. | Named by the company | 85% |
| Comcast | Named by the company | 85% |
| Hulu | Named by the company | 85% |
| Amazon | Named by the company | 85% |
| Dish | Named by the company | 85% |
| YouTube TV | Named by the company | 85% |
| Crown Castle International Corp. | Named by the company | 85% |
| Netflix | Named by the company | 85% |
| American Tower Co. | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Shenandoah Telecommunications's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Shenandoah Telecommunications's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Shenandoah Telecommunications Company | Reportable 100.00 % |
| Verizon Communications Inc | Verizon Consumer Group 76.61 % |
| Comcast corporation | Residential Connectivity and Platforms 57.19 % |
| Lumen Technologies inc | Business 87.13 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Shenandoah Telecommunications's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Shenandoah Telecommunications Company | 631 | 347,847 | -38,004 |
| Verizon Communications Inc | 194,702 | 1,544,994 | 184,638 |
| Comcast corporation | 77,790 | 697,788 | 60,145 |
| Charter Communications Inc | 13,508 | 591,904 | 60,033 |
| Lumen Technologies inc | 5,553 | 493,000 | -42,667 |
| Optimum Communications Inc | 450 | 882,111 | -508,726 |
| PEERS TOTAL | 292,003 | 858,248 | 68,539 |
Shenandoah Telecommunications's Position in Industry Market Structure
Market-capitalization share and concentration across all 56 companies in Shenandoah Telecommunications's industry classification, broader than the peer set above. Market cap in millions of $.Shenandoah Telecommunications ranks #31 of 56 companies by market capitalization in its industry, holding 0.06 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,244, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Verizon Communications Inc | 194,869 | 19.10 % |
| 2 | T mobile Us Inc | 178,928 | 17.54 % |
| 3 | At and t Inc | 174,299 | 17.08 % |
| 4 | Veon ltd | 132,379 | 12.98 % |
| 5 | America Movil Sab De Cv | 1,234 | 5.2% |
| 6 | Tim S a | 1,234 | 5.2% |
| 7 | Vodafone Group Public Limited Company | 1,234 | 5.2% |
| 8 | Chunghwa Telecom Co Ltd | 1,234 | 5.2% |
| 9 | Ast Spacemobile Inc | 1,234 | 5.2% |
| 10 | Millicom International Cellular Sa | 1,234 | 5.2% |
| 31 | Shenandoah Telecommunications Company | 636 | 0.06 % |
Market cap and industry share for the rest of Shenandoah Telecommunications's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Shenandoah Telecommunications's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 26 | Chagee Holdings Limited | 1,894 | -32.03 % |
| 27 | Idt Corp | 1,693 | 10.04 % |
| 28 | Anterix Inc | 1,585 | 262.92 % |
| 29 | Gci Liberty Inc | 946 | -35.89 % |
| 30 | Telesat Corporation | 1,234 | 12.3% |
| 31 | Shenandoah Telecommunications Company | 636 | -13.06 % |
| 32 | Spire Global Inc | 1,234 | 12.3% |
| 33 | Atn International inc | 1,234 | 12.3% |
| 34 | Cogent Communications Holdings inc | 1,234 | 12.3% |
| 35 | Gogo Inc | 1,234 | 12.3% |
| 36 | Techtarget Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Shenandoah Telecommunications's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Shenandoah Telecommunications's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Communications Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (85 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 64.40 % | 45.44 % (avg) | +19.0 pp |
| Operating Margin | -7.63 % | industry median | -5.0 pp |
| EBITDA Margin | 25.12 % | 4.17 % (avg) | +20.9 pp |
| Capital Intensity (Capex / Revenue) | 97.07 % | 14.44 % (avg) | +82.6 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Shenandoah Telecommunications's Valuation vs Competitive Position
Valuation multiples vs the Communications Services industry average (85 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 25.6x | - |
| EV / EBITDA | 14.9x | 12.5x | +2.4x |
| P/B | 0.9x | 3.6x | -2.7x |
| Return on Equity | -4.47 % | industry aggregate | -14.26 % |
| Return on Invested Capital | -1.05 % | 4.49 % (avg) | -5.54 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Shenandoah Telecommunications's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 14.33 % | 3.08 % | 0.48 % | -65.17 % | 11.08 % | 9.02 % | 14.16 % | 9.08 % |
| Operating Margin | 7.60 % | 14.78 % | 15.31 % | 30.86 % | -0.67 % | -2.98 % | -8.72 % | -6.49 % |
| Return on Invested Capital | 2.81 % | 5.17 % | 4.24 % | 3.40 % | -0.10 % | -0.52 % | -1.19 % | -0.90 % |
| P/E | - | 49.2x | 35.8x | 17.6x | 1.3x | - | 3.3x | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Shenandoah Telecommunications's Strategic Group Map
Every company in Shenandoah Telecommunications's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Shenandoah Telecommunications is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Shenandoah Telecommunications's BCG Growth-Share Matrix
Relative market share (vs Shenandoah Telecommunications's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Shenandoah Telecommunications falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 0.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Shenandoah Telecommunications's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,244 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 97.07 % vs industry average 14.44 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Shenandoah Telecommunications's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Shenandoah Telecommunications's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Shenandoah Telecommunications's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Shenandoah Telecommunications falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Shenandoah Telecommunications's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 5.0 points below the industry median.
- Return on equity 14.3 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (50.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Shenandoah Telecommunications's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Shenandoah Telecommunications Company | 0.37 | 0.79 | 0.68 |
| Verizon Communications Inc | 0.15 | 0.72 | 1.52 |
| Comcast corporation | 0.27 | 0.86 | 1.27 |
| Charter Communications Inc | 0.04 | 0.38 | 4.57 |
| Lumen Technologies inc | 0.41 | 1.48 | - |
| Optimum Communications Inc | 0.36 | 0.56 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Shenandoah Telecommunications's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Shenandoah Telecommunications Company | Q1 2026 | +4.8 % | - |
| Verizon Communications Inc | Q2 2026 | -0.7 % | -22.9 % |
| Comcast corporation | Q2 2026 | -1.2 % | -69.0 % |
| Charter Communications Inc | Q2 2026 | -1.7 % | -13.6 % |
| Lumen Technologies inc | Q2 2026 | -9.3 % | - |
| Optimum Communications Inc | Q2 2026 | -5.8 % | - |
| PEERS TOTAL | -1.5 % | -51.0 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Shenandoah Telecommunications's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Shenandoah Telecommunications Company | Q1 2026 | -3.7 % | -8.9 % |
| Verizon Communications Inc | Q2 2026 | - | +29.6 % |
| Comcast corporation | Q2 2026 | - | +5.3 % |
| Charter Communications Inc | Q2 2026 | - | -0.1 % |
| Lumen Technologies inc | Q2 2026 | -12.9 % | +1.2 % |
| Optimum Communications Inc | Q2 2026 | -11.3 % | -16.6 % |
Shenandoah Telecommunications's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Shenandoah Telecommunications Company | - | - | - |
| Verizon Communications Inc | 4.10% | 5.08% | 15.74% |
| Comcast corporation | 4.05% | 5.22% | 11.56% |
| Charter Communications Inc | 3.57% | 3.79% | 26.56% |
| Lumen Technologies inc | - | - | - |
| Optimum Communications Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Shenandoah Telecommunications's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Shenandoah Telecommunications Company | - | 1.74 |
| Verizon Communications Inc | 11.82 | 1.40 |
| Comcast corporation | 7.23 | 0.62 |
| Charter Communications Inc | 2.94 | 0.25 |
| Lumen Technologies inc | - | 0.47 |
| Optimum Communications Inc | - | 0.05 |
| PEERS AVERAGE | 10.84 | 0.86 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.