Cogent Communications Holdings, Inc. logo CCOI - Cogent Communications Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 10
HOLD 18
SELL 4
STRONG
SELL
0
| PRICE TARGET: $24.33 DETAILS
HIGH: $34.00
LOW: $17.00
MEDIAN: $23.50
CONSENSUS: $24.33
UPSIDE: 33.98%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue
Revenue 975.8 1,036.1 940.9 599.6 589.8 568.1 546.2 520.2 485.2 446.9 404.2 380.0 348.0 317.0 305.5 263.4 235.8 215.5 185.7 149.1 135.2 91.3 59.4 51.9 3.0 0
Cost of Revenue 805.1 641.8 544.2 228.2 226.3 219.2 219.8 219.5 209.3 194.1 174.5 159.9 150.2 143.6 132.2 119.0 102.8 93.1 87.8 80.4 86.2 64.3 48.3 49.3 20.3 0
Gross Profit 170.6 394.3 396.7 371.4 363.5 348.9 326.4 300.7 275.9 252.8 229.7 220.1 197.8 173.3 173.3 144.4 133.0 122.4 97.9 68.7 49.0 27.0 11.1 2.6 (17.3) 0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 76.6 275.8 275.3 163.0 162.4 158.5 146.9 133.9 127.9 120.7 113.1 107.7 87.2 79.9 77.0 72.1 76.9 80.5 62.2 56.8 54.2 51.8 43.9 36.6 30.3 10.8
Other Expenses 197.9 316.1 250.7 94.5 81.8 83.5 79.2 81.2 75.9 75.2 70.5 69.5 64.4 62.5 59.9 57.1 59.9 64.2 67.7 58.7 55.6 57.4 263.8 36.7 13.5 0
Operating Expenses 274.4 591.9 526.0 257.5 244.2 242.0 226.1 215.1 203.8 195.9 183.6 177.2 151.6 142.4 136.8 128.6 136.8 144.6 129.9 115.5 109.8 109.2 307.8 73.3 43.8 14.2
Operating Income
Operating Income (103.8) (197.6) (129.3) 114.0 119.2 106.9 100.3 86.6 75.9 64.0 53.0 53.9 46.2 31.0 36.5 15.2 (3.8) 22.2 29.9 46.6 62.1 84.1 81.2 62.3 61.1 14.2
Interest Expense 161.4 123.3 106.8 67.6 58.1 62.5 57.5 51.1 48.5 40.8 41.3 49.9 41.8 36.3 34.5 16.7 15.7 11.1 10.2 10.7 11.7 13.0 19.8 36.3 7.9 1.1
Interest Income 23.1 39.1 35.7 3.4 1.4 1.0 7.6 5.9 3.7 1.0 1.0 0.5 2.6 1.9 0.8 1.0 0.9 3.8 6.9 3.0 1.3 2.1 1.5 1.7 1.9 3.4
Profitability
EBITDA 186.6 161.7 1,558.5 229.3 218.7 156.3 190.4 166.8 148.0 135.2 116.6 112.4 113.1 95.3 99.9 72.7 57.2 67.5 44.8 15.3 (0.2) (20.0) 0 0 0.3 (14.0)
EBIT (83.6) (136.3) 1,326.3 137.1 129.5 72.8 110.1 85.6 72.1 60.0 46.1 43.0 46.2 32.8 40.1 16.2 (2.7) 4.9 (32.0) (46.8) (60.8) (82.2) (81.2) (70.7) (61.1) 15.5
Income Before Tax (245.0) (259.6) 1,219.5 26.4 71.4 10.3 52.7 41.4 31.1 24.3 12.7 4.5 7.0 (3.5) 5.6 (0.5) (18.4) 28.3 (53.8) 47.1 65.9 86.8 (66.9) (91.8) (11.8) 14.4
Income Tax Expense (62.8) (55.6) (54.0) 21.2 23.2 4.1 15.2 12.7 25.2 9.3 7.8 3.7 (49.7) 0.8 (2.0) (1.2) (1.2) 1.5 (1.0) 7.0 6.7 7.4 (437.4) 21.1 5.8 (2.5)
Net Income (182.2) (204.1) 1,273.4 5.1 48.2 6.2 37.5 28.7 5.9 14.9 4.9 0.8 56.7 (4.3) 7.5 0.7 (17.2) 26.8 (31.0) (53.8) (67.5) (89.7) 140.7 (91.8) (66.9) (11.8)
Per Share Data
EPS (Basic) -3.80 -4.28 26.88 0.11 1.04 0.14 0.82 0.63 0.13 0.33 0.11 0.02 1.22 -0.09 0.17 0.01 -0.39 -0.34 -0.65 -1.16 -1.96 -117.43 11.18 -564.45 -391.36 -170.16
EPS (Diluted) -3.80 -4.30 26.62 0.11 1.03 0.13 0.81 0.63 0.13 0.33 0.11 0.02 1.21 -0.09 0.17 0.01 -0.39 -0.34 -0.65 -1.16 -1.96 -117.43 11.18 -564.45 -391.36 -170.16
Shares Outstanding 47.9 47.5 47.4 46.9 46.4 45.9 45.5 45.3 44.9 44.6 44.9 46.0 46.3 45.5 45.2 44.6 44.0 44.6 47.8 46.3 34.4 0.8 7.9 0.2 0.2 0.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000
Current Assets
Cash & Cash Equivalents 205.1 198.5 75.1 223.8 319.6 371.3 399.4 276.1 247.0 274.3 55.9 71.3 13.8 7.9 39.3 49.0 65.6
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0.1 0.5 4.1 3.5 1.7 0
Net Receivables 177.8 180.1 319.3 44.1 41.9 44.2 40.5 41.7 39.1 33.6 22.9 22.2 13.6 5.1 5.5 1.2 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 29.4 38.7 98.0 9.0 0 0 0 20.0 0 0 0 4.2 0 0 0 0
Total Current Assets 450.6 482.1 513.6 365.9 409.6 456.3 475.7 350.3 306.1 327.6 86.9 99.9 32.1 18.0 51.1 54.1 68.9
Non-Current Assets
Property, Plant & Equipment 2,031.6 1,988.5 1,899.4 626.0 559.6 530.0 442.4 375.3 381.3 361.6 263.8 243.9 337.3 314.4 322.8 235.8 111.7
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 469.3 471.0 472.8 0 0 0 0 0 0 0 0 0 3.1 8.1 14.7 10.4 0
Long-Term Investments 113.5 0 0 0 0 0 0 5.5 0 0 0 0 0 0 0 0 0
Other Non-Current Assets (281.5) 231.5 325.8 18.2 15.4 14.1 13.7 11.5 5.6 6.4 4.4 4.0 6.0 4.0 19.1 19.5 7.2
Total Non-Current Assets 2,649.2 2,691.0 2,698.0 644.3 575.0 544.1 456.4 389.5 404.5 410.3 268.1 247.9 346.4 326.5 356.6 265.7 118.9
Total Assets 3,099.8 3,173.1 3,211.6 1,010.2 984.6 1,000.5 932.1 739.9 710.6 737.9 355.0 347.8 378.6 344.4 407.7 319.8 187.7
Current Liabilities
Account Payables 30.6 39.8 48.4 27.2 11.9 9.8 11.1 8.5 11.6 11.6 12.8 12.8 16.1 7.3 7.8 3.6 2.6
Short-Term Debt 80.7 0 0 0 0 0 0 4.2 7.2 0 0 5.9 7.5 3.6 253.8 0.4 0
Deferred Revenue 6.4 6.2 6.5 4.9 4.9 4.7 4.3 4.5 4.8 4.3 0 2.7 0 0 0 0 (10.7)
Other Current Liabilities 83.8 18.3 21.6 20.3 0.8 6.8 9.1 12.5 38.7 41.2 15.3 6.2 19.8 0 0 0 0
Total Current Liabilities 220.8 253.3 373.3 120.3 81.0 94.4 89.7 75.3 74.5 67.9 36.0 33.5 45.4 18.8 280.2 7.5 16.3
Non-Current Liabilities
Long-Term Debt 1,983.7 1,439.4 945.6 944.3 891.4 869.7 782.5 631.5 560.7 559.9 66.3 61.7 23.0 4.1 38.8 181.3 0
Deferred Tax Liabilities 333.3 398.3 471.5 47.6 0 0 0 (1.5) 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities (241.2) 40.1 61.6 35.0 44.6 14.8 15.3 23.8 27.6 28.0 4.2 32.0 1.8 18.6 0.7 0 67.2
Total Non-Current Liabilities 2,942.8 2,696.9 2,228.7 1,408.5 1,276.6 1,199.2 1,046.1 813.5 738.6 723.2 174.5 192.0 120.7 80.9 94.9 202.0 67.2
Total Liabilities 3,163.6 2,950.3 2,602.1 1,528.8 1,357.7 1,293.6 1,135.8 888.9 813.1 791.1 210.5 225.5 166.1 99.7 375.1 209.6 83.5
Stockholders' Equity
Common Stock 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (708.6) (376.3) 17.1 (1,074.6) (909.9) (807.8) (684.6) (609.5) (554.7) (478.9) (332.7) (269.2) (143.7) (54.0) (194.8) (102.9) (11.8)
Accumulated Other Comprehensive Income 1.4 (30.7) (14.4) (19.2) (11.0) (1.3) (12.3) (10.9) (4.6) (17.2) 2.0 1.3 (20.3) (31.3) 2.9 0.4 (0.3)
Total Stockholders' Equity (63.8) 222.8 609.6 (518.6) (373.1) (293.2) (203.7) (149.0) (102.5) (53.3) 144.5 122.4 212.5 244.8 32.6 110.2 104.2
Total Liabilities & Equity 3,099.8 3,173.1 3,211.6 1,010.2 984.6 1,000.5 932.1 739.9 710.6 737.9 355.0 347.8 378.6 344.4 407.7 319.8 187.7
Debt Metrics
Total Debt 2,931.4 2,336.9 1,828.2 1,355.1 1,261.3 1,211.3 1,049.0 795.2 718.2 701.8 175.9 194.6 126.4 65.9 347.9 202.5 10.7
Net Debt 2,726.3 2,138.4 1,753.1 1,131.3 941.7 840.0 649.6 519.1 471.2 427.5 120.0 123.3 112.5 58.0 308.6 153.5 (54.9)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000
Operating Activities
Net Income (182.2) (204.1) 1,273.4 5.1 48.2 6.2 37.5 28.7 5.9 14.9 (67.5) (89.7) 140.7 (91.8) (66.9) (11.8)
Depreciation & Amortization 270.2 298.0 232.2 92.2 89.2 83.5 80.2 81.2 75.9 75.2 70.5 70.0 70.2 45.9 16.9 0.3
Stock-Based Compensation 0 25.7 26.9 24.4 26.8 23.5 18.5 17.7 13.3 10.7 0 0 0 0.3 0.3 0
Change in Working Capital (50.5) (30.3) (12.1) 53.2 11.2 (9.6) 1.2 (5.2) (4.5) 3.8 (7.2) (0.6) 1.9 18.5 3.3 (4.9)
Other Non-Cash Items 16.9 (46.4) (1,433.6) (17.8) (23.4) 36.5 (0.8) 0.4 (3.6) (6.0) (4.8) (6.1) (240.2) (14.2) (0.3) 0.3
Operating Cash Flow (10.6) (8.6) 17.3 173.7 170.3 140.3 148.8 133.9 111.7 108.0 (9.1) (26.4) (27.4) (41.6) (46.8) (16.4)
Investing Activities
Capital Expenditure (187.6) (195.0) (129.6) (79.0) (69.9) (56.0) (47.0) (49.9) (45.8) (45.2) (17.3) (10.1) (24.0) (75.2) (118.0) (81.0)
Acquisitions 0 12.3 2.2 0 0 0 0 0 0 0 0 0 0 0 (11.9) 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (0.8) 0 (0.6) (5.4) (1.7) 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 3.0 0 0 131.7 0
Other Investing Activities 100 204.2 204.2 0 0 0 0 0 0 0 4.1 4.4 (0.7) 60.8 (131.7) 0
Investing Cash Flow (87.6) 21.5 76.7 (79.0) (69.9) (56.0) (47.0) (49.9) (45.8) (45.2) (14.1) (2.7) (25.3) (19.8) (131.7) (81.0)
Financing Activities
Net Debt Issuance 229.5 301.1 (77.4) 25.2 14.6 27.1 143.0 59.6 (11.2) 101.0 (23.9) (7.9) 4.9 51.7 94.9 (37.2)
Stock Repurchased (16.7) (8.0) 0 0 0 (4.5) 0 (6.6) (1.8) (4.5) 0 0 0 0 0 0
Dividends Paid (150.1) (189.4) (181.7) (169.9) (150.3) (129.4) (112.6) (97.9) (81.7) (68.2) 0 0 0 0 0 0
Other Financing Activities 0 2.2 1.2 (0.2) (5.1) (9.2) (8.4) (7.7) (2.6) (21.2) 0 42.4 (25.0) 0.0 5.6 84.1
Financing Cash Flow 62.9 105.9 (257.9) (144.8) (140.8) (116.0) 22.0 (52.5) (97.3) 8.3 39.8 34.5 20.6 51.7 161.9 163.0
Cash Position
Net Change in Cash (22.8) 114.1 (162.1) (52.7) (42.7) (28.1) 123.3 29.1 (27.3) 70.7 16.0 6.0 (31.4) (9.7) (16.6) 65.6
Cash at Beginning 227.9 113.8 275.9 328.6 371.3 399.4 276.1 247.0 274.3 203.6 13.8 7.9 39.3 49.0 65.6 0
Cash at End 205.1 227.9 113.8 275.9 328.6 371.3 399.4 276.1 247.0 274.3 29.9 13.8 7.9 39.3 49.0 65.6
Free Cash Flow (198.1) (203.6) (112.3) 94.7 100.3 84.4 101.9 84.0 65.9 62.7 (26.4) (36.6) (51.4) (116.8) (164.8) (97.4)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Income Statement
Revenue 975.8 1,036.1 940.9 599.6 589.8 568.1 546.2 520.2 485.2 446.9 404.2 380.0 348.0 317.0 305.5 263.4 235.8 215.5 185.7 149.1 135.2 91.3 59.4 51.9 3.0 0
Gross Profit 170.6 394.3 396.7 371.4 363.5 348.9 326.4 300.7 275.9 252.8 229.7 220.1 197.8 173.3 173.3 144.4 133.0 122.4 97.9 68.7 49.0 27.0 11.1 2.6 (17.3) 0
Operating Income (103.8) (197.6) (129.3) 114.0 119.2 106.9 100.3 86.6 75.9 64.0 53.0 53.9 46.2 31.0 36.5 15.2 (3.8) 22.2 29.9 46.6 62.1 84.1 81.2 62.3 61.1 14.2
Net Income (182.2) (204.1) 1,273.4 5.1 48.2 6.2 37.5 28.7 5.9 14.9 4.9 0.8 56.7 (4.3) 7.5 0.7 (17.2) 26.8 (31.0) (53.8) (67.5) (89.7) 140.7 (91.8) (66.9) (11.8)
EPS (Diluted) -3.80 -4.30 26.62 0.11 1.03 0.13 0.81 0.63 0.13 0.33 0.11 0.02 1.21 -0.09 0.17 0.01 -0.39 -0.34 -0.65 -1.16 -1.96 -117.43 11.18 -564.45 -391.36 -170.16
Balance Sheet
Cash & Equivalents 205.1 198.5 75.1 223.8 319.6 371.3 399.4 276.1 247.0 274.3 55.9 71.3 13.8 7.9 39.3 49.0 65.6
Total Assets 3,099.8 3,173.1 3,211.6 1,010.2 984.6 1,000.5 932.1 739.9 710.6 737.9 355.0 347.8 378.6 344.4 407.7 319.8 187.7
Total Debt 2,931.4 2,336.9 1,828.2 1,355.1 1,261.3 1,211.3 1,049.0 795.2 718.2 701.8 175.9 194.6 126.4 65.9 347.9 202.5 10.7
Stockholders' Equity (63.8) 222.8 609.6 (518.6) (373.1) (293.2) (203.7) (149.0) (102.5) (53.3) 144.5 122.4 212.5 244.8 32.6 110.2 104.2
Cash Flow
Operating Cash Flow (10.6) (8.6) 17.3 173.7 170.3 140.3 148.8 133.9 111.7 108.0 (9.1) (26.4) (27.4) (41.6) (46.8) (16.4)
Capital Expenditure (187.6) (195.0) (129.6) (79.0) (69.9) (56.0) (47.0) (49.9) (45.8) (45.2) (17.3) (10.1) (24.0) (75.2) (118.0) (81.0)
Free Cash Flow (198.1) (203.6) (112.3) 94.7 100.3 84.4 101.9 84.0 65.9 62.7 (26.4) (36.6) (51.4) (116.8) (164.8) (97.4)