Cogent Communications Overview
- Year Founded
-
1999
- Status
-
Public
- Employees
-
1,908
- Stock Symbol
-
CCOI
- Investments
-
9
- Share Price
-
$68.52
- (As of Friday Closing)
Cogent Communications General Information
Description
Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings, where the firm provides two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for nearly half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.
Contact Information
Website
www.cogentco.comCorporate Office
- 2450 North Street Northwest
- Washington, DC 20037
- United States
Corporate Office
- 2450 North Street Northwest
- Washington, DC 20037
- United States
Cogent Communications Timeline
Cogent Communications Stock Performance
As of 14-Mar-2025, Cogent Communications’s stock price is $68.52. Its current market cap is $3.38B with 49.3M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $68.52 | $67.61 | $50.80 - $86.76 | $3.38B | 49.3M | 389K | -$4.28 |
Cogent Communications Financials Summary
As of 31-Dec-2024, Cogent Communications has a trailing 12-month revenue of $1.04B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 5,746,737 | 5,746,737 | 5,416,506 | 3,814,519 |
| Revenue | 1,036,104 | 1,036,104 | 940,922 | 599,604 |
| EBITDA | 122,614 | 122,614 | 1,509,315 | 225,857 |
| Net Income | (204,074) | (204,074) | 1,273,441 | 5,146 |
| Total Assets | 3,173,102 | 3,173,102 | 3,211,619 | 1,010,182 |
| Total Debt | 2,336,920 | 2,336,920 | 1,828,158 | 1,355,081 |
Cogent Communications Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Cogent Communications Comparisons
Industry
Financing
Details
Cogent Communications Competitors (43)
One of Cogent Communications’s 43 competitors is Consolidated Communications, a Private Equity-Backed company based in Mattoon, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Consolidated Communications | Private Equity-Backed | Mattoon, IL | ||||
| Unite Private Networks | Formerly PE-Backed | Kansas City, MO | ||||
| Rise Broadband | Private Equity-Backed | Englewood, CO | ||||
| Segra (Internet Service Providers) | Private Equity-Backed | Charlotte, NC | ||||
| OPTK Networks | Formerly PE-Backed | Lincoln, NE |
Cogent Communications Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Cogent Communications Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cogent Communications Acquisitions (9)
Cogent Communications’s most recent deal was a Merger/Acquisition with Sprint Wireline. The deal was made on 01-May-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sprint Wireline | 01-May-2023 | Merger/Acquisition | Internet Service Providers | ||
| T-Mobile (Wireline Business) | 01-May-2023 | Merger/Acquisition | Telecommunications Service Providers | ||
| Continental Visinet Broadband (Data Center and IP Assets) | 28-May-2009 | Merger/Acquisition | Internet Service Providers | ||
| Aleron Broadband Services | 25-Oct-2004 | Merger/Acquisition | Internet Service Providers | ||
| Global Access Internet Services | 25-Oct-2004 | Merger/Acquisition | Storage (IT) |
Cogent Communications ESG
Risk Overview
Risk Rating
Updated December, 04, 2024
29.83 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,946
Rank
Percentile
Telecommunication Services
Industry
of 206
Rank
Percentile
Telecommunication Services
Subindustry
of 206
Rank
Percentile
Cogent Communications Exits (1)
Cogent Communications’s most recent exit was on 25-Oct-2004 from Global Access Internet Services. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Global Access Internet Services | 25-Oct-2004 | Completed |
|
Cogent Communications FAQs
-
When was Cogent Communications founded?
Cogent Communications was founded in 1999.
-
Where is Cogent Communications headquartered?
Cogent Communications is headquartered in Washington, DC.
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What is the size of Cogent Communications?
Cogent Communications has 1,908 total employees.
-
What industry is Cogent Communications in?
Cogent Communications’s primary industry is Internet Service Providers.
-
Is Cogent Communications a private or public company?
Cogent Communications is a Public company.
-
What is Cogent Communications’s stock symbol?
The ticker symbol for Cogent Communications is CCOI.
-
What is the current stock price of Cogent Communications?
As of 14-Mar-2025 the stock price of Cogent Communications is $68.52.
-
What is the current market cap of Cogent Communications?
The current market capitalization of Cogent Communications is $3.38B.
-
What is Cogent Communications’s current revenue?
The trailing twelve month revenue for Cogent Communications is $1.04B.
-
Who are Cogent Communications’s competitors?
Consolidated Communications, Unite Private Networks, Rise Broadband, Segra (Internet Service Providers), and OPTK Networks are some of the 43 competitors of Cogent Communications.
-
What is Cogent Communications’s annual earnings per share (EPS)?
Cogent Communications’s EPS for 12 months was -$4.28.
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