Friday 6 November 2026
Export CHTR’s income statement to Excel — free account
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%
Follow CHTR
Alert me
Target Price Range
Analyst price targets
Free accountTen 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
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026
Business profile
Where the money comes from and where it goes Fiscal 2022
| 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% |
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% |
From the latest earnings call
- 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.
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
6 Nov
28 Oct
23 Oct
21 Oct
16 Oct
15 Oct
14 Oct
CHTR metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
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.