vs

Side-by-side financial comparison of Cable One, Inc. (CABO) and Legence Corp. (LGN). Click either name above to swap in a different company.

Legence Corp. is the larger business by last-quarter revenue ($708.0M vs $363.7M, roughly 1.9× Cable One, Inc.). On growth, Legence Corp. posted the faster year-over-year revenue change (26.2% vs -6.1%). Legence Corp. produced more free cash flow last quarter ($137.4M vs $71.6M).

Cable One, Inc. is an American broadband communications provider. Under the Sparklight brand, it provides cable television, internet, and phone services to 24 U.S. states and 1.1 million residential and business customers. It also owns the Fidelity Communications brand, which provides the same services in Arkansas, Louisiana, Missouri, Oklahoma, and Texas. Fidelity was founded in 1940. It is headquartered in Phoenix, Arizona, though it does not serve that metro area.

Legence Corp is a leading sustainable building and decarbonization solution provider. It delivers energy efficiency optimization, building automation design, renewable energy integration, and low-carbon retrofit services for commercial, industrial, and institutional clients, with core operations across North America to help customers cut costs and reduce carbon footprints.

CABO vs LGN — Head-to-Head

Bigger by revenue
LGN
LGN
1.9× larger
LGN
$708.0M
$363.7M
CABO
Growing faster (revenue YoY)
LGN
LGN
+32.3% gap
LGN
26.2%
-6.1%
CABO
More free cash flow
LGN
LGN
$65.8M more FCF
LGN
$137.4M
$71.6M
CABO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CABO
CABO
LGN
LGN
Revenue
$363.7M
$708.0M
Net Profit
$-576.0K
Gross Margin
20.9%
Operating Margin
25.2%
5.3%
Net Margin
-0.1%
Revenue YoY
-6.1%
26.2%
Net Profit YoY
46.8%
EPS (diluted)
$-0.49
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CABO
CABO
LGN
LGN
Q4 25
$363.7M
Q3 25
$376.0M
$708.0M
Q2 25
$381.1M
Q1 25
$380.6M
Q4 24
$387.2M
Q3 24
$393.6M
$560.8M
Q2 24
$394.5M
Q1 24
$404.3M
Net Profit
CABO
CABO
LGN
LGN
Q4 25
Q3 25
$86.5M
$-576.0K
Q2 25
$-438.0M
Q1 25
$2.6M
Q4 24
Q3 24
$44.2M
$-1.1M
Q2 24
$38.2M
Q1 24
$37.4M
Gross Margin
CABO
CABO
LGN
LGN
Q4 25
Q3 25
20.9%
Q2 25
Q1 25
Q4 24
Q3 24
21.1%
Q2 24
Q1 24
Operating Margin
CABO
CABO
LGN
LGN
Q4 25
25.2%
Q3 25
25.2%
5.3%
Q2 25
-128.4%
Q1 25
25.1%
Q4 24
26.2%
Q3 24
28.0%
4.8%
Q2 24
27.9%
Q1 24
29.6%
Net Margin
CABO
CABO
LGN
LGN
Q4 25
Q3 25
23.0%
-0.1%
Q2 25
-114.9%
Q1 25
0.7%
Q4 24
Q3 24
11.2%
-0.2%
Q2 24
9.7%
Q1 24
9.2%
EPS (diluted)
CABO
CABO
LGN
LGN
Q4 25
$-0.49
Q3 25
$14.52
$-0.02
Q2 25
$-77.70
Q1 25
$0.46
Q4 24
$-18.05
Q3 24
$7.58
Q2 24
$6.58
Q1 24
$6.46

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CABO
CABO
LGN
LGN
Cash + ST InvestmentsLiquidity on hand
$152.8M
$176.0M
Total DebtLower is stronger
$2.6B
$812.6M
Stockholders' EquityBook value
$1.4B
$387.9M
Total Assets
$5.6B
$2.6B
Debt / EquityLower = less leverage
1.81×
2.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CABO
CABO
LGN
LGN
Q4 25
$152.8M
Q3 25
$166.6M
$176.0M
Q2 25
$152.9M
Q1 25
$149.1M
Q4 24
$153.6M
Q3 24
$226.6M
Q2 24
$201.5M
Q1 24
$210.7M
Total Debt
CABO
CABO
LGN
LGN
Q4 25
$2.6B
Q3 25
$2.7B
$812.6M
Q2 25
$2.9B
Q1 25
$3.0B
Q4 24
$3.6B
Q3 24
$3.5B
Q2 24
$3.5B
Q1 24
$3.6B
Stockholders' Equity
CABO
CABO
LGN
LGN
Q4 25
$1.4B
Q3 25
$1.4B
$387.9M
Q2 25
$1.3B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$1.9B
Total Assets
CABO
CABO
LGN
LGN
Q4 25
$5.6B
Q3 25
$5.7B
$2.6B
Q2 25
$5.8B
Q1 25
$6.4B
Q4 24
$6.5B
Q3 24
$6.7B
Q2 24
$6.7B
Q1 24
$6.7B
Debt / Equity
CABO
CABO
LGN
LGN
Q4 25
1.81×
Q3 25
1.88×
2.10×
Q2 25
2.16×
Q1 25
1.66×
Q4 24
1.99×
Q3 24
1.84×
Q2 24
1.87×
Q1 24
1.93×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CABO
CABO
LGN
LGN
Operating Cash FlowLast quarter
$145.5M
$162.1M
Free Cash FlowOCF − Capex
$71.6M
$137.4M
FCF MarginFCF / Revenue
19.7%
19.4%
Capex IntensityCapex / Revenue
20.3%
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$278.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CABO
CABO
LGN
LGN
Q4 25
$145.5M
Q3 25
$156.5M
$162.1M
Q2 25
$144.9M
Q1 25
$116.3M
Q4 24
$167.6M
Q3 24
$176.2M
Q2 24
$155.5M
Q1 24
$164.8M
Free Cash Flow
CABO
CABO
LGN
LGN
Q4 25
$71.6M
Q3 25
$84.8M
$137.4M
Q2 25
$76.6M
Q1 25
$45.2M
Q4 24
$95.7M
Q3 24
$99.2M
Q2 24
$84.0M
Q1 24
$98.9M
FCF Margin
CABO
CABO
LGN
LGN
Q4 25
19.7%
Q3 25
22.5%
19.4%
Q2 25
20.1%
Q1 25
11.9%
Q4 24
24.7%
Q3 24
25.2%
Q2 24
21.3%
Q1 24
24.5%
Capex Intensity
CABO
CABO
LGN
LGN
Q4 25
20.3%
Q3 25
19.1%
3.5%
Q2 25
17.9%
Q1 25
18.7%
Q4 24
18.6%
Q3 24
19.6%
Q2 24
18.1%
Q1 24
16.3%
Cash Conversion
CABO
CABO
LGN
LGN
Q4 25
Q3 25
1.81×
Q2 25
Q1 25
44.62×
Q4 24
Q3 24
3.99×
Q2 24
4.08×
Q1 24
4.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CABO
CABO

Segment breakdown not available.

LGN
LGN

Installation And Fabrication$408.7M58%
Engineering And Design$110.9M16%
Program And Project Management$101.2M14%
Maintenance And Service$87.1M12%

Related Comparisons