Latest Ratios: P/E Ratio -0.3x · EV/EBITDA 7.9x · ROE N/A. (2012–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $554M | $772M | $1.1B | $1.5B | $2.1B | $7.5B | $22.1B | $18.1B | $12.1B | $14.8B | — |
| Enterprise Value | $25.9B | $26.1B | $26.2B | $26.5B | $28.6B | $34.1B | $48.8B | $42.1B | $34.6B | $36.4B | — |
| P/E Ratio → | -0.29 | — | — | 27.08 | 10.70 | 7.56 | 50.49 | 130.19 | 640.31 | 9.87 | — |
| P/S Ratio | 0.06 | 0.09 | 0.12 | 0.16 | 0.22 | 0.74 | 2.23 | 1.86 | 1.26 | 1.59 | — |
| P/B Ratio | — | — | — | — | — | — | — | 7.95 | 3.28 | 2.68 | — |
| P/FCF | — | — | 7.45 | 12.16 | 4.61 | 4.61 | 11.60 | 9.50 | 8.91 | 13.87 | — |
| P/OCF | 0.45 | 0.63 | 0.70 | 0.81 | 0.88 | 2.62 | 7.42 | 6.08 | 4.81 | 7.32 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.04 | 2.92 | 2.87 | 2.97 | 3.38 | 4.93 | 4.31 | 3.61 | 3.91 | — |
| EV / EBITDA | 7.91 | 7.98 | 7.88 | 7.35 | 7.63 | 7.90 | 11.62 | 10.30 | 8.51 | 9.65 | — |
| EV / EBIT | 16.44 | 16.58 | 15.37 | 15.01 | 15.46 | 13.24 | 25.21 | 22.20 | 20.20 | 37.07 | — |
| EV / FCF | — | — | 175.17 | 218.09 | 63.25 | 21.00 | 25.60 | 22.09 | 25.53 | 34.16 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.5% | 49.5% | 67.7% | 49.4% | 48.4% | 66.5% | 66.2% | 66.2% | 66.8% | 67.4% | 68.2% |
| Operating Margin | 18.3% | 18.3% | 18.8% | 20.7% | 20.0% | 25.0% | 21.4% | 18.7% | 17.6% | 9.0% | 7.7% |
| Net Profit Margin | -21.8% | -21.8% | -1.1% | 0.6% | 2.0% | 9.8% | 4.4% | 1.4% | 0.2% | 16.0% | -13.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | 81.1% | 4.7% | 0.4% | 39.6% | -41.0% |
| ROA | -6.0% | -6.0% | -0.3% | 0.2% | 0.6% | 3.0% | 1.3% | 0.4% | 0.1% | 4.2% | -3.8% |
| ROIC | 5.0% | 5.0% | 5.1% | 5.7% | 5.6% | 7.4% | 6.1% | 5.2% | 4.7% | 2.4% | 2.4% |
| ROCE | 5.4% | 5.4% | 5.7% | 6.5% | 6.4% | 8.3% | 6.8% | 5.7% | 5.3% | 2.6% | 2.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | 10.83 | 6.20 | 3.99 | 11.84 |
| Debt / EBITDA | 8.09 | 8.09 | 7.62 | 7.02 | 7.16 | 6.21 | 6.43 | 6.04 | 5.61 | 5.82 | 11.11 |
| Net Debt / Equity | — | — | — | — | — | — | — | 10.52 | 6.12 | 3.93 | 11.60 |
| Net Debt / EBITDA | 7.74 | 7.74 | 7.54 | 6.94 | 7.08 | 6.17 | 6.36 | 5.87 | 5.54 | 5.73 | 10.88 |
| Debt / FCF | — | — | 167.72 | 205.92 | 58.64 | 16.39 | 14.01 | 12.58 | 16.63 | 20.29 | — |
| Interest Coverage | 0.88 | 0.88 | 0.97 | 1.08 | 1.39 | 2.03 | 1.43 | 1.23 | 1.10 | 0.61 | 0.48 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.80 | 0.80 | 0.32 | 0.36 | 0.64 | 0.29 | 0.32 | 0.70 | 0.45 | 0.36 | 0.46 |
| Quick Ratio | 0.80 | 0.80 | 0.32 | 0.36 | 0.64 | 0.29 | 0.32 | 0.70 | 0.45 | 0.34 | 0.26 |
| Cash Ratio | 0.55 | 0.55 | 0.11 | 0.13 | 0.08 | 0.07 | 0.09 | 0.35 | 0.15 | 0.13 | 0.13 |
| Asset Turnover | — | 0.28 | 0.28 | 0.29 | 0.29 | 0.30 | 0.30 | 0.29 | 0.28 | 0.27 | 0.16 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 1421.63 | 57.50 | 2.52 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | 12.4% | 6.2% | — |
| Payout Ratio | — | — | — | — | — | — | — | — | 7964.4% | 61.6% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 3.7% | 9.3% | 13.2% | 2.0% | 0.8% | 0.2% | 10.1% | — |
| FCF Yield | — | — | 13.4% | 8.2% | 21.7% | 21.7% | 8.6% | 10.5% | 11.2% | 7.2% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 10.8% | 21.8% | 9.3% | 4.1% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 10.8% | 21.8% | 9.3% | 16.6% | 6.2% | — |
| Shares Outstanding | — | $468M | $462M | $455M | $453M | $462M | $584M | $663M | $730M | $696M | $737M |
Unsustainable Debt Service Burden
According to recent market data, OPTU trades at an EV/EBITDA multiple of 7.98x, which, when viewed alongside a negative P/E of -0.41, suggests that investors are pricing the firm as a distressed asset rather than a growth-oriented telecommunications provider in the current interest rate environment.
The valuation discount relative to larger peers like Comcast or Charter appears to be a direct consequence of the company's persistent revenue contraction and negative net margins. This pricing implies that the market assigns little terminal value to the legacy footprint, viewing the ongoing fiber-to-the-home transition as a defensive necessity rather than a catalyst for multiple expansion.
Based on reported financial figures, OPTU's ROIC has struggled to maintain positive territory, fluctuating between -3.6% and 1.5% over the last ten quarters, which indicates that the company is failing to generate returns on invested capital that exceed its cost of debt.
The inability to consistently compound returns on capital suggests that the heavy capital expenditure required for network modernization is not yet yielding the expected operational efficiencies. Investors should monitor whether the shift toward fiber-to-the-home can eventually drive ROIC above the cost of capital, or if the current asset base remains structurally impaired.
As reported in quarterly filings, OPTU's asset turnover remains stagnant at 0.07, a figure that highlights the extreme capital intensity of the business model and the difficulty of extracting higher revenue from the existing physical infrastructure in the competitive New York tri-state market.
The lack of improvement in asset turnover suggests that the company's massive investment in network assets is not translating into proportional revenue growth. This inefficiency, combined with the high fixed costs of the business, limits the company's ability to pivot quickly in response to competitive threats from fixed wireless access providers.
According to the latest balance sheet data, OPTU's current ratio of 0.85 indicates a persistent liquidity shortfall, leaving the company with limited flexibility to manage its significant debt obligations without relying on external financing or further operational cash flow improvements.
The consistent failure to maintain a current ratio above 1.0 suggests that the company is operating with a very thin margin of safety. This vulnerability is particularly concerning given the company's need to fund ongoing network upgrades while simultaneously servicing a substantial debt load in a high-interest-rate environment.
Based on an analysis of industry metrics, the most commonly misapplied ratio for OPTU is EV/EBITDA, which obscures the company's massive capital intensity and the necessity of ongoing maintenance CapEx to prevent the rapid degradation of its legacy coaxial network infrastructure.
While EBITDA is a standard industry benchmark, it fails to account for the significant depreciation and amortization charges that are central to the company's negative net margin profile. Analysts should instead focus on Free Cash Flow after maintenance CapEx to better understand the true cash-generating capacity of the business.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying OPTU stock.
Optimum Communications, Inc.'s current P/E ratio is -0.3x. The historical average is 39.3x.
Optimum Communications, Inc.'s current EV/EBITDA is 7.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.8x.
Based on historical data, Optimum Communications, Inc. is trading at a P/E of -0.3x. Compare with industry peers and growth rates for a complete picture.
Optimum Communications, Inc. has 49.5% gross margin and 18.3% operating margin. Operating margin between 10-20% is typical for established companies.
Optimum Communications, Inc.'s Debt/EBITDA ratio is 8.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.