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Charter Communications, Inc. operates as a broadband connectivity company in the United States. The company offers subscription-based internet, mobile, video, and voice services; broadband connectivity services, including fixed internet, WiFi, and mobile; Spectrum internet products; advanced WiFi services; and in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their wireless internet experience. It also offers wireline voice communications services using voice over internet protocol technology; Call Guard, an advanced caller ID and robocall blocking solution; video programming and video services, including access to an interactive programming guide with parental controls, video on demand and pay-per-view services; and broadband communications solutions, such as internet access, data networking, fiber connectivity, video entertainment, and business telephone services. In addition, the company provides advertising services on cable television networks, various streaming services, and advertising platforms for local, regional and national businesses. Further, it offers production and technical services for regional sports networks; owns and manages local news channels, including Spectrum News NY1® and Spectrum News SoCal; and delivers broadband connectivity solutions to apartments, single-family gated communities, off-campus student housing, senior residences, and RV parks. The company was founded in 1993 and is headquartered in Stamford, Connecticut.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $54.8B | $21.2B | $5.0B | $4.4B | 31.1% | -0.6% | -1.9% |
| 2024 | $55.1B | $21.4B | $5.1B | $3.2B | 32.6% | 0.9% | 11.5% |
| 2023 | $54.6B | $20.7B | $4.6B | $3.3B | 41.1% | 1.1% | -9.9% |
| 2022 | $54.0B | $20.9B | $5.1B | $5.5B | 55.4% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 54,022 | 54,607 | 55,085 | 54,774 |
| Operating Revenue | - | 51,848 | 51,811 | 52,043 | 51,363 |
| Cost Of Revenue | - | 24,511 | 24,700 | 24,349 | 23,806 |
| Gross Profit | - | 29,511 | 29,907 | 30,736 | 30,968 |
| Operating Expense | - | 17,268 | 17,401 | 17,491 | 17,644 |
| Selling General And Administration | - | 4,055 | 4,161 | 4,241 | 4,455 |
| Total Expenses | - | 41,779 | 42,101 | 41,840 | 41,450 |
| Operating Income | - | 12,243 | 12,506 | 13,245 | 13,324 |
| Total Operating Income As Reported | - | 11,962 | 12,559 | 13,118 | 12,908 |
| EBITDA | - | 20,921 | 20,738 | 21,404 | 21,211 |
| Normalized EBITDA | - | 21,300 | 20,643 | 21,564 | 21,682 |
| EBIT | - | 12,018 | 12,042 | 12,731 | 12,500 |
| Interest Expense | - | 4,556 | 5,188 | 5,229 | 5,042 |
| Net Interest Income | - | -4,556 | -5,188 | -5,229 | -5,042 |
| Other Non Operating Income Expenses | - | 254 | -216 | -23 | 4 |
| Other Income Expense | - | -225 | -464 | -514 | -824 |
| Interest Expense Non Operating | - | 4,556 | 5,188 | 5,229 | 5,042 |
| Net Non Operating Interest Income Expense | - | -4,556 | -5,188 | -5,229 | -5,042 |
| Pretax Income | - | 7,462 | 6,854 | 7,502 | 7,458 |
| Tax Provision | - | 1,613 | 1,593 | 1,649 | 1,692 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -81.93 | 22.04 | -35.20 | -106.92 |
| Net Income Continuous Operations | - | 5,849 | 5,261 | 5,853 | 5,766 |
| Net Income From Continuing And Discontinued Operation | - | 5,055 | 4,557 | 5,083 | 4,987 |
| Net Income From Continuing Operation Net Minority Interest | - | 5,055 | 4,557 | 5,083 | 4,987 |
| Net Income | - | 5,055 | 4,557 | 5,083 | 4,987 |
| Net Income Common Stockholders | - | 5,055 | 4,557 | 5,083 | 4,987 |
| Net Income Including Noncontrolling Interests | - | 5,849 | 5,261 | 5,853 | 5,766 |
| Normalized Income | - | 5,352.07 | 4,484.04 | 5,207.80 | 5,351.08 |
| Diluted NI Availto Com Stockholders | - | 5,055 | 4,557 | 5,083 | 4,987 |
| Basic Average Shares | - | 161.50 | 149.21 | 143.06 | 135.16 |
| Diluted Average Shares | - | 164.43 | 151.97 | 145.36 | 137.74 |
| Reconciled Depreciation | - | 8,903 | 8,696 | 8,673 | 8,711 |
| Reconciled Cost Of Revenue | - | 24,511 | 24,700 | 24,349 | 23,806 |
| Total Unusual Items | - | -379 | 95 | -160 | -471 |
| Total Unusual Items Excluding Goodwill | - | -379 | 95 | -160 | -471 |
| Minority Interests | - | -794 | -704 | -770 | -779 |
| Special Income Charges | - | -284 | 50 | -126 | -444 |
| Other Special Charges | - | 276 | 201 | 138 | 185 |
| Restructuring And Mergern Acquisition | - | - | 0 | 0 | 129 |
| Gain On Sale Of Security | - | -95 | 45 | -34 | -27 |
| Depreciation Amortization Depletion Income Statement | - | 8,903 | 8,696 | 8,673 | 8,711 |
| Depreciation And Amortization In Income Statement | - | 8,903 | 8,696 | 8,673 | 8,711 |
| General And Administrative Expense | - | 470 | 692 | 651 | 673 |
| Salaries And Wages | - | 470 | 692 | 651 | 673 |
| Gain On Sale Of Ppe | - | -8 | 251 | 12 | -130 |
| Other Operating Expenses | - | 4,310 | 4,544 | 4,577 | 4,478 |
| Selling And Marketing Expense | - | 3,585 | 3,469 | 3,590 | 3,782 |
| Earnings From Equity Interest | - | -100 | -343 | -331 | -357 |
| Average Dilution Earnings | 70 | 0 | 0 | - | - |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Charter Communications, Inc.this co. | CHTR | $20.2B | 4.05↓ discount | 1.26 | 31.1% | 5.51 |
| EchoStar Corporation | SATS | $36.1B | -2.49 | 6.26 | -251.4% | -4.08 |
| Fox Corporation | FOXA | $27.5B | 12.17 | 2.30 | 18.9% | 7.70 |
| Fox Corporation | FOX | $24.7B | 10.90 | 2.06 | 18.9% | 6.96 |
| Omnicom Group Inc. | OMC | $21.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.79 |
| -0.5% |
| 31.05 |
| News Corporation | NWS | $16.8B | 14.22 | 1.91 | 13.4% | 12.24 |
| News Corporation | NWSA | $14.6B | 12.40 | 1.67 | 13.4% | 10.72 |
| Paramount Skydance Corporation | PSKY | $12.0B | - | 1.02 | -53.1% | - |
| The Trade Desk, Inc. | TTD | $9.9B | 22.30 | 3.98 | 17.8% | 13.71 |
| Peer Median | - | 12.28 | 1.99 | 13.4% | 10.72 | |