Private company
CINCINNATI BELL INC
American telephone communications company based in Cincinnati. Summary from the record
Last updated Oct 19, 2026.
Overview
- IndustryTelephone Communications (No Radiotelephone)2
- HeadquartersCincinnati, United States2
- Incorporated inOH4
- Business address221 E Fourth St, Cincinnati, Oh 452024
- Filer categoryNon-accelerated filer4
- Legal formCorporation (For-Profit)2
- LEI549300JYVZOCUJOHL2722
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O CORPORATION SERVICE COMPANY, 43215 Columbus, United States2
- Registered withCorporation Database (Ohio Secretary of State), 6080952
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Cincinnati Bell Inc. and its consolidated subsidiaries ("Cincinnati Bell," "we," "our," "us" or the "Company") provide integrated communications that keep consumer and enterprise customers connected with each other and with the world. The Company operates its businesses through one segment: Network. The Company's ("Midwest") Network operations serves customers in Cincinnati, Ohio, a radius of approximately 25 miles around Cincinnati, Ohio, including parts of northern Kentucky and southeastern Indiana ("Greater Cincinnati"), and communities near Dayton and Columbus, Ohio and expansion markets further into Southwest Ohio, through our altafiber brand. The Company also serves customers in Hawaii through our Hawaiian Telcom brand.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
1.0%Operating margin3
-9.9%Net margin3
1.0%Revenue growth, 20253
-6.2%Return on equity3
0.96×Debt to equity3
-$359.0MFree cash flow3
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue43¢$474.0M
- Selling, general and admin22¢$240.5M
- Other costs23¢$256.0M
- Interest12¢$128.6M
- Income tax1¢$8.1M
Out of $1.1B in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$560.0M
Out of $201.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B6 | $1.5B7 | $1.6B8 | $1.1B9 | $1.1B3 | $1.1B3 | $1.1B3 | |
| Cost of revenue | $698.7M6 | $784.6M7 | $802.0M8 | $518.2M9 | $533.7M3 | $530.8M3 | $474.0M3 | |
| Selling, general and admin | $313.4M6 | $354.4M7 | $346.5M8 | $244.3M9 | $266.8M3 | $263.7M3 | $240.5M3 | |
| Operating expenses | $1.2B9 | $1.2B3 | $1.2B3 | $1.1B3 | ||||
| Operating income | $83.3M6 | $73.1M7 | $66.0M8 | -$86.1M9 | -$81.1M3 | -$104.7M3 | $11.5M3 | |
| Interest | $131.5M6 | $139.6M7 | $134.2M8 | $89.5M9 | $160.2M3 | $175.5M3 | $128.6M3 | |
| Income before tax | -$156.3M9 | -$224.1M3 | -$237.5M3 | -$85.7M3 | ||||
| Income tax | $9.4M6 | -$10.6M7 | -$25.5M8 | -$8.0M9 | -$16.4M3 | -$13.9M3 | $8.1M3 | |
| Net income | -$69.8M6 | -$66.6M7 | -$55.6M8 | -$130.9M9 | -$192.7M3 | -$129.3M3 | -$109.5M3 | |
| Earnings per share | -$1.7313 | |||||||
| Earnings per share (diluted) | -$1.7313 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash | $15.4M6 | $11.6M7 | $12.2M8 | $5.6M15 | $7.7M9 | $7.8M3 | $460.7M3 | $40.5M3 |
| Receivables | $450.2M8 | $447.8M15 | $94.1M9 | $96.4M3 | $85.4M3 | |||
| Inventory | $57.1M8 | $103.4M15 | $88.6M9 | $82.3M3 | $107.0M3 | |||
| Current assets | $445.9M14 | $403.8M6 | $459.1M7 | $572.4M8 | $632.0M15 | $696.9M9 | $672.8M3 | $361.9M3 |
| Property, plant and equipment | $2.0B8 | $2.1B15 | $2.4B9 | $2.6B3 | $2.9B3 | |||
| Goodwill | $646.3M15 | $723.5M15 | $566.7M9 | $566.7M3 | $530.5M3 | |||
| Intangible assets | $928.3M8 | $829.1M15 | $415.7M9 | $353.4M3 | $300.2M3 | |||
| Total assets | $2.7B14 | $2.7B6 | $2.7B7 | $4.2B8 | $4.4B15 | $4.8B9 | $4.5B3 | $4.2B3 |
| Accounts payable | $399.2M8 | $492.5M15 | $188.9M9 | $174.8M3 | $162.7M3 | |||
| Current liabilities | $541.7M14 | $523.5M6 | $546.1M7 | $616.7M8 | $735.9M15 | $684.0M9 | $385.7M3 | $409.1M3 |
| Long-term debt | $1.9B14 | $1.9B6 | $1.9B7 | $1.4B8 | $1.7B15 | $1.8B9 | $1.8B3 | $1.7B3 |
| Total liabilities | $2.8B14 | $2.8B6 | $2.9B7 | $2.5B8 | $2.9B15 | $3.0B9 | $2.6B3 | $2.5B3 |
| Retained earnings | -$27.2M8 | -$158.1M15 | -$350.8M9 | -$480.1M3 | -$589.6M3 | |||
| Shareholders’ equity | -$75.0M7 | -$140.0M7 | -$191.1M15 | $1.7B9 | $1.6B3 | $1.8B3 | $1.9B3 | $1.8B3 |
| Shares outstanding | 50.2M shares14 | 50.4M shares6 | 50.7M shares7 | 100 shares17 | 100 shares18 | 100 shares15 | 100 shares9 | 100 shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $214.7M6 | $259.1M7 | $206.1M8 | $322.0M9 | $106.0M3 | $236.8M3 | $201.0M3 | |
| Depreciation and amortization | $408.8M9 | $369.5M3 | $338.9M3 | $334.7M3 | ||||
| Stock-based compensation | $015 | $015 | ||||||
| Capital spending | $220.6M6 | $223.8M7 | $223.6M8 | $482.8M9 | $641.4M3 | $553.5M3 | $560.0M3 | |
| Free cash flow | -$5.9M | $35.3M | -$17.5M | -$160.8M | -$535.4M | -$316.7M | -$359.0M | |
| Cash from investing | -$553.7M9 | -$654.2M3 | $124.3M3 | -$556.5M3 | ||||
| Share buybacks | $013 | |||||||
| Cash from financing | $238.6M9 | $547.8M3 | $92.1M3 | -$67.0M3 |
Leadership
Who has led CINCINNATI BELL INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerLeigh R. Fox Jan 29, 2018 to Sep 9, 202119
- Chief executive officerTheodore H. Torbeck Mar 19, 2013 to Jan 30, 201720
- PresidentLeigh R. Fox Sep 9, 2021 to Sep 9, 202121
- PresidentGary J. Wojtaszek Feb 1, 2012 to Sep 18, 201222
- PresidentTheodore H. Torbeck Sep 29, 2010 to May 26, 201623
- Chief financial officerAndrew R. Kaiser Sep 7, 2016 to Sep 9, 202124
- Chief financial officerLeigh R. Fox Dec 12, 2013 to May 26, 201625
- Chief financial officerKurt Freyberger Mar 3, 2011 to Mar 18, 201326
- Chief financial officerGary J. Wojtaszek Aug 4, 2008 to Feb 3, 201127
- Chief financial officerBrian A. Ross Dec 11, 2006 to Mar 4, 200828
- Chief operating officerLeigh R. Fox Jan 30, 2017 to Mar 8, 201729
- Chief operating officerDavid L. Heimbach Nov 26, 2013 to Feb 5, 201430
- Chief operating officerBrian A. Ross Dec 8, 2008 to Jun 17, 201031
- Chief operating officerRodney D. Dir Mar 1, 2006 to Mar 2, 200732
Board members and other officers (34)
- Vice President & ControllerSuzanne E. Maratta May 16, 2019 to May 16, 201933
- Chief Culture OfficerChristi H. Cornette Aug 9, 2017 to Sep 9, 202134
- Vice President & ControllerShannon M. Mullen Oct 13, 2017 to Feb 4, 201935
- Vice President & ControllerJoshua T. Duckworth Jul 23, 2013 to Sep 9, 202136
- Chief Administrative OfficerLeigh R. Fox Aug 5, 2013 to Aug 5, 201337
- Vice President & ControllerSusan M. Kinsey Mar 10, 2011 to Feb 4, 201338
- Chief Marketing OfficerTara Lynne Khoury May 8, 2009 to Dec 19, 201139
- Vice PresidentBrian G. Keating Feb 6, 2006 to Feb 4, 201340
- VP & TreasurerMark W. Peterson Feb 6, 2006 to Mar 2, 200741
- Senior Vice PresidentMichael W. Callaghan Feb 6, 2006 to Aug 31, 200642
- VP, Investor Relations andAnthony P. Schulte Aug 14, 2006 to Dec 11, 200643
- Vice PresidentKurt Freyberger Aug 14, 2006 to Feb 3, 201144
- Board memberLeigh R. Fox Sep 9, 2021 to Sep 9, 202121
- Board memberTheodore H. Torbeck Jan 3, 2018 to Sep 9, 202145
- Board memberMeredith J. Ching Jul 3, 2018 to Sep 9, 202146
- Board memberWalter A. Dods Jr. Jul 3, 2018 to Sep 9, 202147
- Board memberMartin Yudkovitz Jul 13, 2015 to Sep 9, 202148
- Board memberJohn W. Eck Oct 27, 2014 to Sep 9, 202149
- Board memberRussel Paul Mayer Oct 21, 2013 to Sep 9, 202150
- Board memberTheodore Schell Oct 30, 2013 to May 9, 201451
- Board memberGary J. Wojtaszek Feb 1, 2012 to Sep 18, 201222
- Board memberAlan Richard Schriber May 5, 2011 to May 9, 201452
- Board memberMark H. Lazarus Feb 6, 2009 to Jan 5, 201153
- Board memberJakki L. Haussler Apr 15, 2008 to Sep 9, 202154
- Board memberLynn A. Wentworth Apr 18, 2008 to Sep 9, 202155
- Board memberCraig F. Maier Aug 1, 2008 to Sep 9, 202156
- Board memberBruce L. Byrnes Jan 10, 2006 to May 3, 201257
- Board memberMichael G. Morris Jan 10, 2006 to Jan 23, 200858
- Board memberAlex Shumate Jan 27, 2006 to May 3, 201259
- Board memberCarl Redfield Jan 27, 2006 to May 2, 200660
- Board memberDavid B. Sharrock Jan 27, 2006 to May 4, 200761
- Board memberJohn M. Zrno Jan 27, 2006 to May 4, 201762
- Board memberPhillip R. Cox Jan 27, 2006 to Aug 17, 201863
- Board memberRobert W. Mahoney Jan 27, 2006 to Jan 5, 200964
Former names
Timeline
Filings
60 filings to the SEC since October 2021: 7 annual reports, 14 quarterly reports, 33 major events, 1 large holders, 5 other. The latest 20:
- May 13, 202610-Q EDGAR
- Mar 24, 20268-K/A EDGAR
- Mar 19, 202610-K EDGAR
- Feb 24, 20268-K EDGAR
- Nov 12, 202510-Q EDGAR
- Sep 18, 20258-K CURRENT REPORT EDGAR
- Aug 13, 202510-Q EDGAR
- Jul 21, 20258-K EDGAR
- Jul 14, 20258-K EDGAR
- May 8, 202510-Q EDGAR
- May 2, 20258-K EDGAR
- Mar 24, 20258-K CURRENT REPORT EDGAR
- Mar 18, 202510-K EDGAR
- Dec 19, 20248-K CURRENT REPORT EDGAR
- Dec 5, 20248-K EDGAR
- Nov 7, 202410-Q EDGAR
- Oct 28, 20248-K EDGAR
- Sep 26, 20248-K EDGAR
- Aug 14, 202410-Q EDGAR
- Jun 14, 20248-K CURRENT REPORT EDGAR
The 60 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- PRIVATE MANAGEMENT GROUP INCSC 13G/A, 1 filing Feb 10, 202265
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 21SEC EDGARLeigh R. Fox, President
- 22SEC EDGARGary J. Wojtaszek, President
- 23SEC EDGARTheodore H. Torbeck, President
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- 40SEC EDGARBrian G. Keating, Vice President
- 41SEC EDGARMark W. Peterson, VP & Treasurer
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- 44SEC EDGARKurt Freyberger, Vice President
- 45SEC EDGARTheodore H. Torbeck, Board member
- 46SEC EDGARMeredith J. Ching, Board member
- 47SEC EDGARWalter A. Dods Jr., Board member
- 48SEC EDGARMartin Yudkovitz, Board member
- 49SEC EDGARJohn W. Eck, Board member
- 50SEC EDGARRussel Paul Mayer, Board member
- 51SEC EDGARTheodore Schell, Board member
- 52SEC EDGARAlan Richard Schriber, Board member
- 53SEC EDGARMark H. Lazarus, Board member
- 54SEC EDGARJakki L. Haussler, Board member
- 55SEC EDGARLynn A. Wentworth, Board member
- 56SEC EDGARCraig F. Maier, Board member
- 57SEC EDGARBruce L. Byrnes, Board member
- 58SEC EDGARMichael G. Morris, Board member
- 59SEC EDGARAlex Shumate, Board member
- 60SEC EDGARCarl Redfield, Board member
- 61SEC EDGARDavid B. Sharrock, Board member
- 62SEC EDGARJohn M. Zrno, Board member
- 63SEC EDGARPhillip R. Cox, Board member
- 64SEC EDGARRobert W. Mahoney, Board member
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