Charter Communications, Inc.

CHTR Communication Services Telecom Services

Charter Communications, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $54.8 billion, down 0.56% from fiscal 2024.

Revenue
+9.14%
EPS
−341.2%
Free cash flow
+45.2%
Total debt
−97.9%

Quarter to September 2026, against a year earlier

119.69 6.17 −4.90%
Market cap
$22.2B
P/E
12.5×
Fwd P/E
2.8×
Dividend yield
—
F-score
6/9
Altman Z
0.65
Beneish M
−2.63
Dividend safety
59/100

Revenue by products and services Fiscal 2022

  • Internet
  • Video
  • Legacy Charter small business
  • Legacy Charter mid-market & large business
  • Other
  • Advertising sales
  • Mobile service
  • Voice

Every year since 2010 →

Insider Decisions last twelve months

Bought, $m 3.76
Sold, $m 12.73
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — 3 1 — — — — — —
Sell — — — — — 1 — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 22,170.00
Revenue ttm 55,646.00
Net income ttm 1,734.00
Free cash flow ttm 3,929.00
Net debt Q 1,417.00
Valuation
P/E 12.51
Forward P/E 2.76
Price / sales 0.26
Forward P/S Powerpack
Price / FCF 3.72
Price / book 0.49
Financial health
Current ratio Q 0.37 (below 1: weak)
Debt / equity Q 0.07 (at or below 0.5: strong)
Interest coverage Q (2.63)
Growth
Revenue growth Q +9.14% (above 0%: growing)
Operating income growth Q −212.62% (below 0%: shrinking)
EPS, this year +7.78%
EPS, next year A +1.09%
Revenue, next year A +7.52%
EPS, past 5 yrs +18.65% (at or above 15%: strong)
EPS, next 5 yrs A +9.50%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 44.83%
10-year low 10-year high
P/S against its own 10 years 1.21%
10-year low 10-year high
P/B against its own 10 years 1.04%
10-year low 10-year high
EV/Sales against its own 10 years 0.99%
10-year low 10-year high
EV/FCF against its own 10 years 18.41%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 709 459 477 573
Receivables 2,965 3,097 3,680 4,396
Inventory — — — —
Other — — — —
4,132 4,233 5,144 6,218
2023 2024 2025 Q'26
Payables 11,214 11,687 12,556 14,644
ST’ Debt 2,000 1,799 750 1,990
Other — — — —
13,214 13,486 13,306 16,634

Compound Annual Growth %

10y 5y 3y
Sales 18.83% 2.63% 0.46%
Cash Flow 21.16% 2.00% 2.51%
Earnings 0.00% 9.13% (0.45%)
Book Value 0.00% (7.49%) 17.81%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 9.17 10.66 (20.50) — —
’25 8.42 9.18 8.34 10.34 36.21
’24 7.55 8.49 8.82 10.10 34.97
’23 6.65 8.05 8.25 7.07 29.99
’22 6.90 8.80 7.38 7.69 30.74
’21 4.11 5.29 6.50 8.93 24.47
’20 1.86 3.63 3.90 6.05 15.40
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 13,597 13,526 14,922 — —
’25 13,735 13,766 13,672 13,601 54,774
’24 13,679 13,685 13,795 13,926 55,085
’23 13,653 13,659 13,584 13,711 54,607
’22 13,200 13,598 13,550 13,674 54,022
’21 12,522 12,802 13,146 13,212 51,682
’20 11,738 11,696 12,039 12,624 48,097
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 4,304 3,925 4,027 — —
’25 4,236 3,600 4,480 3,761 16,077
’24 3,212 3,853 3,905 3,460 14,430
’23 3,323 3,311 3,944 3,855 14,433
’22 3,647 3,734 3,757 3,787 14,925
’21 3,751 3,999 4,263 4,226 16,239
’20 3,220 3,529 3,664 4,149 14,562
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1,449 1,054 1,000 — —
’25 1,837 726 1,429 426 4,418
’24 421 1,000 1,342 398 3,161
’23 859 477 983 999 3,318
’22 1,790 1,541 1,351 867 5,549
’21 1,930 2,118 2,402 2,154 8,604
’20 1,759 1,652 1,650 2,086 6,683
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing −12.8% a year for ten years. It grew 8.9% a year over the last ten.

Implied
−12.8%
10 years, reported
8.9%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

3.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 29,003 41,581 43,634 45,764 48,097 51,682 54,022 54,607 55,085 54,774 55,646 +7.3% 58,892 65,664 65,186 +6.0%
Gross margin, % 35.68 36.17 36.15 36.14 37.77 39.09 39.14 38.83 39.79 40.23 0.00 +4.5 pt
EBT 820 1,028 1,686 2,431 4,302 6,388 7,462 6,854 7,502 7,458 2,286 +27.8%
EBT margin, % 2.83 2.47 3.86 5.31 8.94 12.36 13.81 12.55 13.62 13.62 4.11 +10.8 pt
Net income 3,745 10,115 1,506 1,992 3,676 5,320 5,849 5,261 5,853 5,766 1,734 +4.9%
Per share, $
Per share, $ Revenue 140.42 161.97 187.79 208.49 236.56 281.39 334.50 365.98 385.05 405.27 475.83 +12.5%
Earnings 17.05 38.55 5.29 7.60 15.85 25.34 31.30 30.54 35.53 36.90 10.00 +9.0%
Cash flow 38.93 46.56 50.64 53.52 71.62 88.41 92.41 96.73 100.87 118.95 136.96 +13.2%
Capex (25.78) (33.81) (39.27) (32.78) (38.75) (41.57) (58.06) (74.49) (78.77) (86.26) (103.37) +14.4%
Free cash flow 13.15 12.75 11.37 20.74 32.87 46.85 34.36 22.24 22.10 32.69 33.60 +10.6%
Book value 243.86 185.15 190.53 176.81 148.94 98.85 77.70 98.64 137.75 151.82 254.99 (5.1%)
Shares, m 207 257 232 220 203 184 162 149 143 135 124 (4.6%)
Valuation, ×
Valuation, × P/E 16.55 8.52 53.47 63.24 41.42 25.51 10.91 12.82 9.64 5.65 12.51 24.8
P/S 2.04 2.15 1.52 2.33 2.80 2.32 1.02 1.07 0.89 0.52 0.26 1.7
P/B 1.17 1.88 1.50 2.74 4.44 6.60 4.40 3.97 2.49 1.38 0.49 3.1
EV/Sales 4.11 3.83 3.17 3.98 4.50 4.08 2.82 2.85 2.61 2.26 1.99 3.4
EV/FCF 43.90 48.64 52.42 39.99 30.26 24.49 27.41 46.86 45.42 28.05 28.15 38.7
Cash, $m
Cash, $m Operating cash flow 8,041 11,954 11,767 11,748 14,562 16,239 14,925 14,433 14,430 16,077 16,017 +8.0%
Capex (5,325) (8,681) (9,125) (7,195) (7,879) (7,635) (9,376) (11,115) (11,269) (11,659) (12,088) +9.1%
Free cash flow 2,716 3,273 2,642 4,553 6,683 8,604 5,549 3,318 3,161 4,418 3,929 +5.6%
Balance, $m
Balance, $m Working capital (6,272) (8,535) (9,365) (5,914) (5,966) (8,892) (8,048) (9,082) (9,253) (8,162) (10,416) +3.0%
Net debt 60,212 69,610 72,276 75,595 81,751 90,960 96,958 97,068 94,546 95,726 1,417 +5.3%
Shareholders’ equity 50,366 47,531 44,272 38,811 30,281 18,156 12,549 14,718 19,707 20,519 29,820 (9.5%)
Returns, %
Returns, % ROA 3.74 6.69 0.84 1.13 2.20 3.25 3.52 3.12 3.42 3.28 0.84 (0.5) pt
ROIC 1.39 2.19 2.80 3.56 4.69 6.03 6.83 7.02 7.18 6.94 12.02 +5.6 pt
ROE 14.00 20.22 2.68 4.02 9.33 19.22 32.93 33.43 29.53 24.79 5.63 +10.8 pt
People
People Employees 91,500 94,800 98,000 95,100 96,100 93,700 101,700 101,100 94,500 91,900 — 0.0%
Revenue/emp, $m 0.32 0.44 0.45 0.48 0.50 0.55 0.53 0.54 0.58 0.60 — +7.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026

Business profile

Updated

Charter Communications is a U.S. broadband connectivity company founded in 1993 and headquartered in Stamford. Through the Spectrum brand, it provides subscription Internet, WiFi, mobile, video and voice services to households, small businesses, larger businesses, government entities and carrier organizations.

Its core fixed network is a fiber-powered system: fiber carries traffic through much of the network, while coaxial cable commonly links local network nodes to homes. The company sells Internet service with speeds up to 1 Gbps across its footprint, plus managed in-home WiFi. Its Advanced WiFi service supplies routers, network controls, security features and device-management tools. Spectrum Mobile is sold to Spectrum Internet customers and combines customers’ home WiFi, the company’s out-of-home WiFi network and cellular coverage supplied through Verizon.

Where the money comes from and where it goes Fiscal 2022

Fiscal 2022: revenue by products and services, and margins
Internet 22,222 41.14%
Video 17,460 32.32%
Legacy Charter small business 4,350 8.05%
Legacy Charter mid-market & large business 2,677 4.96%
Other 2,174 4.02%
Advertising sales 1,882 3.48%
Mobile service 1,698 3.14%
Voice 1,559 2.89%
Gross margin 39.14%
Operating margin 22.14%
Pre-tax margin 13.81%

Revenue by segment since 2010

Charter Communications, Inc. vs peers in Telecom Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CHT Chunghwa Telecom Co., Ltd. $37.9B 29.6× — +5.50% (above 0%: growing) +2.33% (above 0%: growing) +39.64% (above 0%: growing) 37.54% 21.61% Compare
VOD Vodafone Group PLC $37.0B 32.5× 13.4× −11.38% (below 0%: shrinking) −130.12% (below 0%: shrinking) −16.70% (below 0%: shrinking) 30.36% 0.00% Compare
ORANY Orange $29.8B 7.1× — −5.73% (below 0%: shrinking) +128.97% (above 0%: growing) +104.16% (above 0%: growing) 16.49% 0.00% Compare
ECHO EchoStar Corporation $26.2B 2.7× 3.9× −68.80% (below 0%: shrinking) n/m +133.30% (above 0%: growing) 42.28% 13.10% Compare
CHTR Charter Communications, Inc. $22.2B 3.2× 2.8× −1.74% (below 0%: shrinking) n/m +45.18% (above 0%: growing) 39.27% 22.65%
TELFY Telefonica SA $21.5B — (loss-making) 10.8× −5.45% (below 0%: shrinking) n/m −124.79% (below 0%: shrinking) 28.59% 10.79% Compare
VIV Telefonica Brasil S.A. $18.1B 29.4× 13.0× +20.64% (above 0%: growing) +33.01% (above 0%: growing) +3.07% (above 0%: growing) 45.54% 16.48% Compare
TIGO Millicom International Cellular SA $13.3B 19.9× 23.4× +59.40% (above 0%: growing) −83.95% (below 0%: shrinking) +66.11% (above 0%: growing) 75.26% 21.20% Compare
SKM SK Telecom Co., Ltd. $11.2B 23.6× — +0.47% (above 0%: growing) +406.25% (above 0%: growing) −29.63% (below 0%: shrinking) 89.10% 12.99% Compare
Median of peers $23.8B 23.6× 13.0× −2.49% +17.67% +21.36% 39.91% 13.05%

All 55 Telecom Services stocks →

From the latest earnings call

Updated

  • On Charter’s Q2 call, CEO Chris Winfrey said lower internet sign-ups were the main driver of customer losses, while competition remained high.
  • CFO Jessica Fischer said Charter expected standalone EBITDA to decline in 2026, excluding transition costs, and outlined plans to reduce leverage after its transactions.

Analyst rating changes each firm’s latest, last six months

Firm Date Action Rating Target
Wolfe Research Oct 8, 2026 Downgrade Hold → Underperform 118.00

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 86.41%
Held by the ten largest 49.72%
Holder Shares Stake Change
Dodge & Cox 15.03m 12.60% +405.01k
Vanguard 9.73m 8.15% −339.96k
First Eagle Investment Management, LLC 7.17m 6.02% +3.59m
BlackRock 7.07m 5.93% +80.88k
State Street 6.97m 5.84% −1.22m
UBS 2.91m 2.44% +1.01m
Goldman Sachs 2.79m 2.34% +1.28m
Invesco 2.78m 2.33% −2.82m
Norges Bank 2.45m 2.06% +2.45m
Geode Capital Management 2.40m 2.01% −50.80k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 12 March 2026

Ownership

Directors and executive officers, together 1.10%
Liberty Broadband Corporation 29.07%
Advance/Newhouse Partnership One World Trade Center, 13.21%
Dodge & Cox 10.34%
The Vanguard Group 7.26%
State Street Corporation One Congress Street, Suite 5.64%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Charter Communications, Inc. (CHTR) Latest News

29 Oct

Impact 4 · · Trefis

26 Oct

24 Oct

23 Oct

22 Oct

14 Oct

8 Oct

Impact 4 · · The Motley Fool

5 Oct

Impact 3 · · GlobeNewswire

CHTR metrics, ten years each

stockrow.com/CHTR · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com