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Charter Communications (CHTR) stock

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NASDAQ: CHTR Nasdaq Cable & Satellite Next results ~November 6, 2026

B Fundamentals grade

{"overview": "Charter Communications is a broadband connectivity company operating under the Spectrum brand, with services reaching 58 million homes and businesses of all sizes across 41 states. Founded in 1993, it began in cable television and has expanded into Internet, mobile, video and voice. Its main products include Spectrum Internet, with speeds up to 1 gigabit per second across its footprint; Spectrum Mobile, which uses Verizon's cellular network alongside WiFi access points; managed Advanced WiFi; Spectrum TV, including Xumo stream boxes; and VoIP telephone services.\n\nRevenue comes principally from monthly subscription fees, typically with a one-time installation charge. Customers range from residential households and small businesses to mid-market and large enterprises, government bodies and wireline carriers. Additional income derives from mobile device sales, programming licences, advertising through Spectrum Reach, and regional sports and news networks.\n\nThe business is managed centrally rather than by formal segments, serving residential, small business, mid-market and large business customers. Its workforce is entirely US-based. Since 2022 Charter has spent 7.7 billion dollars on a subsidised rural construction initiative, activating roughly 1.3 million passings."}

Based on Charter Communications's 10-K filed January 30, 2026.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$210

Growth cash-flow model

Base case. Range ~$210–$460. Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Charter Communications valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Charter Communications files

Where Charter Communications stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $54.4bn, down 1.5% on a year earlier, slower than -0.9% a quarter earlier. That puts it 862 of 931 for growth among all the companies we cover. Free-cash-flow margin held at 8.0%. The diluted share count is down 11.0% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 1 of our 5 financial-health checks. Our cash-flow model value is $-305.42 a share, against a share price of $110.

Source: 10-Q filed July 24, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 6, 2026 (estimated)

Charter Communications's trailing-twelve-month revenue fell 1.5% year on year, with a free-cash-flow margin of 8.0%. Where it stands out: operating margin of 23.3% ranks 1 of 5 cable & satellite companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -1.5% (-0.6pp vs the prior quarter), the 4th consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 11.0% in a year, so each share owns more of the business.

Things to watch

  • Revenue shrinking. Revenue fell 1.5% over the last 12 months.
  • High debt. Long-term debt exceeds cash by $92.5bn, more than 1.5 times annual revenue.
  • Volatile shares. Over the past year the shares showed annualised volatility of 53% and a beta of 0.1 against the S&P 500.
  • Heavily shorted. 43.9% of the shares available to trade are sold short (5.5 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q2

Filed July 24, 2026
Earnings per share
$10.66 against an average estimate of $10.06: beat by 5.9%
Revenue
$13.53bn, down 1.7% on a year earlier
Share reaction
+4.0% in the first session after the results on July 24, 2026, against +0.1% for the S&P 500
Guidance given
capital expenditures $11.4bn (full year 2026)
Next report
November 6, 2026; average EPS estimate $9.16

Charter Communications' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.6%
  • 1 week+13.1%
  • 1 month+5.7%
  • This year-44.7%
  • 1 year-50.6%
  • 5 years-83.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$54.4B
Operating margin
23.3%
Net margin
9.1%
EPS (TTM, diluted)
$38.41

Growth

Revenue growth
−1.5%
Change in growth rate
−0.6 pts
Share count change
−11.0%

Cash

Free cash flow (TTM)
$4.4B
FCF margin
8.0%
Stock pay % of revenue
1.2%

Earnings

Last results
July 24, 2026

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership

    Charter sets interim CFO pay and declares preferred dividend

    Charter Communications said its board approved a $925,000 base salary and 175% bonus target for Kevin Howard as Interim CFO. The company also granted him $250,000 in restricted stock units. Additionally, Charter declared a quarterly cash dividend on its Series A preferred stock, payable on January 15, 2027.

    SEC 8-KRead source ↗
  2. Announcement

    Charter posts updated pro forma data for Cox deal

    Charter Communications said it has published a revised trending schedule on its investor relations site. The update includes pro forma financial and operating information assuming the Cox Communications transactions closed on January 1, 2024. The company completed those transactions on August 19, 2026.

    SEC 8-KRead source ↗
  3. Leadership

    Charter removes Adam Ray from Chief Commercial Officer role

    Charter Communications said Adam Ray stepped down as Executive Vice President and Chief Commercial Officer on October 12, 2026. The company noted he will remain in an advisory role until December 31, 2026. Ray is entitled to severance and continued vesting of equity awards under his separation agreement.

    SEC 8-KRead source ↗
  4. Announcement
  5. Leadership
  6. Agreement
  7. Agreement
  8. Leadership
  9. Agreement
  10. Agreement
  11. Announcement
  12. Results
  13. Guidance
  14. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Charter Communications valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Our value per share comes from a discounted-cash-flow model of Charter Communications's free cash flow after stock-based pay ( $3.3B, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Charter Communications as an operating company, with every model that fits that kind of business. Cost of equity 7.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.61 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$210 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: fewer than 5 peers with a usable multiple
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$1800 ~$1200–$2700 Left out: out of range vs price (15.38x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$1000 ~$850–$1300 Left out: out of range vs price (8.97x)
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: earnings are positive: price-to-earnings is the better measure
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$210 ~$210–$460 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Charter Communications with Cable & Satellite in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$183.10$287.92$335.96$284.97$485.08$661.55$651.97$339.10$388.68$342.77$208.75$115.54
Market value$18.5bn$67.6bn$99.7bn$67.1bn$108.6bn$138.4bn$125.9bn$55.8bn$59.1bn$49.8bn$28.8bn$14.8bn
+ Net debt (− = net cash)$35.7bn$60.2bn$69.6bn$72.3bn$75.6bn$81.8bn$91.0bn$97.0bn$97.5bn$94.2bn$95.2bn$94.6bn
Enterprise value$54.2bn$127.8bn$169.3bn$139.4bn$184.1bn$220.2bn$216.8bn$152.7bn$156.6bn$144.1bn$124.0bn$109.4bn
Multiples
Price / sales 1.9x2.3x2.4x1.5x2.4x2.9x2.4x1.0x1.1x0.9x0.5x0.3x
Price / earnings —19.2x10.1x54.6x65.1x43.0x27.0x11.0x13.0x9.8x5.8x3.0x
Price / free cash flow 35.7x24.9x30.5x25.4x23.8x19.4x14.6x10.0x17.8x15.8x6.5x3.4x
EV / EBITDA 16.7x13.7x11.5x9.0x11.2x12.2x10.9x7.3x7.4x6.6x5.7x5.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

57 /100

Moderate moat

How hard Charter Communications's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Net income has been a median 3.1% of total assets over 10 years.

  • Durability 13 / 20

    Operating margin has been a median 20.4%; its worst year was 9.7%.

  • Cash conversion 14 / 20

    Free cash flow was positive in 10 of 10 years, at a median 8.0% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 37.9% over five years; stock-based pay has been a median 0.8% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (62 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 6, 2026, before the open. Analysts expect revenue of $14.9bn and EPS of $9.16 (range $7.95 to $9.78) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $40.36 +12% $58.9bn +8%
Next $44.63 +11% $65.7bn +12%

Next year's EPS estimate has moved +0.2% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −3.0% on 90 days ago. In the last 30 days, 2 analysts raised Charter Communications's forecast and 3 cut it.

Consensus EPS forecast Charter Communications, last 90 days
$38.00 $40.00 $42.00 $44.00 $46.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $41.61 Current fiscal year, 60 days ago: $41.92 Current fiscal year, 30 days ago: $40.85 Current fiscal year, 7 days ago: $39.58 Current fiscal year, Now: $40.36 $40.36 Next fiscal year, 90 days ago: $44.56 Next fiscal year, 60 days ago: $45.26 Next fiscal year, 30 days ago: $42.06 Next fiscal year, 7 days ago: $43.49 Next fiscal year, Now: $44.63 $44.63

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $41.61$44.56
60 days ago $41.92$45.26
30 days ago $40.85$42.06
7 days ago $39.58$43.49
Now $40.36$44.63

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $10.06 $10.66 +5.9%
Mar 2026 $10.08 $9.17 −9.1%
Dec 2025 $9.93 $10.34 +4.1%
Sept 2025 $9.29 $8.34 −10.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 24, 2026
  • capital expenditures full year 2026 about $11.4bn Maintained
    “Charter continues to expect full year 2026 capital expenditures, excluding impacts from the previously announced Cox transaction, to total approximately $11.4 billion.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Charter Communications's revenue by +10.2% next year and +4.7% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+14.5%, weight 65%) and the company's own record (+2.0%, weight 35%) . How the weights are set.

Analyst recommendations

21 analysts, Oct 2026
Buy524%
Hold1048%
Sell629%

Monthly trend

  1. Oct 20265104221
  2. Sep 20265114222
  3. Aug 20264113221
  4. Jul 20265113221

Counts of recommendations published by analysts covering Charter Communications, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
43.9%
of tradable shares
Days to cover
5.47
at average volume
Short interest, 1 month
+13%
to October 15, 2026
Held by institutions
90%
of shares
Held by insiders
3.1%
of shares
Employees
91,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −50.6%

$233.84 on October 31, 2025 to $115.54

ThenNowEffect
Revenue (last 12 months) $55.2bn $54.4bn −1.5%
Net margin 9.5% 9.1% −5.0%
P/E multiple 6.4x 3.0x −53.0%
Share count 144m 128m +12.4%

Biggest factor: p/e multiple.

Last 3 years −72.5%

$420.11 on November 3, 2023 to $115.54

ThenNowEffect
Revenue (last 12 months) $54.5bn $54.4bn −0.3%
Net margin 8.5% 9.1% +6.7%
P/E multiple 14.1x 3.0x −78.7%
Share count 155m 128m +21.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CHTR−1%−48%+15%−12%−39%−45%
Industry peers (median)−2%−35%−4%−13%−17%−33%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CHTR67%33%50%42%67%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CHTR−26%−54%−23%−35%−55%−59%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 88% from September 2, 2021 to October 26, 2026. Getting back needed a 704% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$102.18 – $248.19
From 52-week high
−53.4%
vs 50-day average
−6.5%
vs 200-day average
−29.8%
Volatility (1 year)
53%
Beta vs S&P 500
0.08

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±11.9%
After a week
8 up, 4 down
typical move ±15.4%
After a month
7 up, 5 down
typical move ±18.4%
Results releasedNext dayS&P 500 next day5 days21 days
July 24, 2026 +4.0% +0.1% +14.6% +18.8%
April 24, 2026 −27.8% +0.9% −29.0% −40.4%
January 30, 2026 +11.5% +0.2% +20.7% +19.8%
October 31, 2025 −3.8% +0.5% −4.8% −14.4%
July 25, 2025 −21.5% +0.4% −30.3% −28.0%
April 25, 2025 +12.4% +0.8% +14.8% +22.6%
January 31, 2025 +1.4% −1.2% +3.3% +9.4%
November 1, 2024 +14.7% +0.2% +20.2% +21.4%
July 26, 2024 +19.7% +1.2% +18.4% +12.7%
April 26, 2024 +0.3% +1.3% +2.6% +4.8%
February 2, 2024 −20.6% +0.7% −23.9% −26.5%
October 27, 2023 −5.3% +0.7% +2.0% −2.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Charter Communications in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Charter Communications
$54B $54.5B $55B $55.5B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $54.6B Revenue (TTM), FY23 Q4: $54.6B Revenue (TTM), FY24 Q1: $54.6B Revenue (TTM), FY24 Q2: $54.7B Revenue (TTM), FY24 Q3: $54.9B Revenue (TTM), FY24 Q4: $55.1B Revenue (TTM), FY25 Q1: $55.1B Revenue (TTM), FY25 Q2: $55.2B Revenue (TTM), FY25 Q3: $55.1B Revenue (TTM), FY25 Q4: $54.8B Revenue (TTM), FY26 Q1: $54.6B Revenue (TTM), FY26 Q2: $54.4B $54.4B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $54.6B
FY23 Q4 $54.6B
FY24 Q1 $54.6B
FY24 Q2 $54.7B
FY24 Q3 $54.9B
FY24 Q4 $55.1B
FY25 Q1 $55.1B
FY25 Q2 $55.2B
FY25 Q3 $55.1B
FY25 Q4 $54.8B
FY26 Q1 $54.6B
FY26 Q2 $54.4B
Revenue growth, TTM YoY Charter Communications
-2% -1% 0% 1% 2% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 1.9% Revenue growth, TTM YoY, FY23 Q4: 1.1% Revenue growth, TTM YoY, FY24 Q1: 0.3% Revenue growth, TTM YoY, FY24 Q2: 0.2% Revenue growth, TTM YoY, FY24 Q3: 0.5% Revenue growth, TTM YoY, FY24 Q4: 0.9% Revenue growth, TTM YoY, FY25 Q1: 0.9% Revenue growth, TTM YoY, FY25 Q2: 1.0% Revenue growth, TTM YoY, FY25 Q3: 0.4% Revenue growth, TTM YoY, FY25 Q4: -0.6% Revenue growth, TTM YoY, FY26 Q1: -0.9% Revenue growth, TTM YoY, FY26 Q2: -1.5% -1.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 1.9%
FY23 Q4 1.1%
FY24 Q1 0.3%
FY24 Q2 0.2%
FY24 Q3 0.5%
FY24 Q4 0.9%
FY25 Q1 0.9%
FY25 Q2 1.0%
FY25 Q3 0.4%
FY25 Q4 -0.6%
FY26 Q1 -0.9%
FY26 Q2 -1.5%
Operating margin (TTM) Charter Communications
22.5% 23% 23.5% 24% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 22.6% Operating margin (TTM), FY23 Q4: 23.0% Operating margin (TTM), FY24 Q1: 23.4% Operating margin (TTM), FY24 Q2: 23.4% Operating margin (TTM), FY24 Q3: 23.7% Operating margin (TTM), FY24 Q4: 23.8% Operating margin (TTM), FY25 Q1: 24.0% Operating margin (TTM), FY25 Q2: 24.0% Operating margin (TTM), FY25 Q3: 23.7% Operating margin (TTM), FY25 Q4: 23.6% Operating margin (TTM), FY26 Q1: 23.6% Operating margin (TTM), FY26 Q2: 23.3% 23.3%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 22.6%
FY23 Q4 23.0%
FY24 Q1 23.4%
FY24 Q2 23.4%
FY24 Q3 23.7%
FY24 Q4 23.8%
FY25 Q1 24.0%
FY25 Q2 24.0%
FY25 Q3 23.7%
FY25 Q4 23.6%
FY26 Q1 23.6%
FY26 Q2 23.3%
FCF margin (TTM) Charter Communications
5% 6% 7% 8% 9% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 5.8% FCF margin (TTM), FY23 Q4: 6.1% FCF margin (TTM), FY24 Q1: 5.3% FCF margin (TTM), FY24 Q2: 6.2% FCF margin (TTM), FY24 Q3: 6.9% FCF margin (TTM), FY24 Q4: 5.7% FCF margin (TTM), FY25 Q1: 8.3% FCF margin (TTM), FY25 Q2: 7.8% FCF margin (TTM), FY25 Q3: 8.0% FCF margin (TTM), FY25 Q4: 8.1% FCF margin (TTM), FY26 Q1: 7.4% FCF margin (TTM), FY26 Q2: 8.0% 8.0%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 5.8%
FY23 Q4 6.1%
FY24 Q1 5.3%
FY24 Q2 6.2%
FY24 Q3 6.9%
FY24 Q4 5.7%
FY25 Q1 8.3%
FY25 Q2 7.8%
FY25 Q3 8.0%
FY25 Q4 8.1%
FY26 Q1 7.4%
FY26 Q2 8.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Charter Communications took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $54.8B
  2. Selling, general and admin $3.8B · 6.9%
  3. Other operating costs $38.1B · 69.5%
  4. Operating income $12.9B · 23.6%
  5. Income tax $1.7B · 3.1%
  6. Interest and other $6.2B · 11.4%
  7. Net income $5B · 9.1%

Shares of revenue. Source: Charter Communications's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 7.1 7.2 7.5 8.2 9.1 9.8 29.0 41.6 43.6 45.8 48.1 51.7 54.0 54.6 55.1 54.8 54.4
EBITDA 2.5 2.6 2.6 2.8 3.1 3.2 9.4 14.7 15.5 16.4 18.1 19.9 20.9 21.3 21.8 21.6 21.4
Operating income 1.0 1.0 0.9 0.9 1.0 1.1 2.5 4.1 5.2 6.5 8.4 10.5 12.0 12.6 13.1 12.9 12.7
Net income −0.2 −0.4 −0.3 −0.2 −0.2 −0.3 3.5 9.9 1.2 1.7 3.2 4.7 5.1 4.6 5.1 5.0 4.9
Diluted EPS −$2.09 −$3.39 −$3.05 −$1.65 −$1.88 −$2.68 $15.94 $34.09 $5.22 $7.45 $15.40 $24.47 $30.74 $29.99 $34.97 $36.21 $38.41
Growth (year on year)
Revenue — +2.1% +4.2% +8.7% +11.7% +7.1% +197.3% +43.4% +4.9% +4.9% +5.1% +7.5% +4.5% +1.1% +0.9% −0.6% −1.5%
EBITDA — +3.3% −0.2% +5.1% +11.2% +5.4% +189.1% +56.9% +5.8% +5.8% +10.2% +9.7% +5.0% +1.9% +2.5% −0.8% −2.2%
Operating income — +1.7% −12.1% −0.7% +6.8% +14.7% +120.5% +67.2% +27.2% +24.7% +29.1% +25.2% +13.6% +5.0% +4.5% −1.6% −4.4%
Net income — — — — — — — +180.9% −87.6% +35.6% +93.2% +44.4% +8.6% −9.9% +11.5% −1.9% −6.5%
Diluted EPS — — — — — — — +113.9% −84.7% +42.7% +106.7% +58.9% +25.6% −2.4% +16.6% +3.5% +5.1%
Margins
EBITDA margin 36.1% 36.5% 35.0% 33.9% 33.7% 33.2% 32.3% 35.3% 35.6% 35.9% 37.7% 38.4% 38.6% 38.9% 39.6% 39.5% 39.4%
Operating margin 14.5% 14.5% 12.2% 11.1% 10.7% 11.4% 8.5% 9.9% 12.0% 14.2% 17.5% 20.4% 22.1% 23.0% 23.8% 23.6% 23.3%
Net margin −3.4% −5.1% −4.1% −2.1% −2.0% −2.8% 12.1% 23.8% 2.8% 3.6% 6.7% 9.0% 9.4% 8.3% 9.2% 9.1% 9.1%
Free-cash-flow margin 10.2% 5.9% 1.7% 4.1% 1.5% 5.3% 9.4% 7.9% 6.1% 9.9% 14.9% 16.6% 10.3% 6.1% 5.7% 8.1% 8.0%
Cash flow
Cash from operations 1.9 1.7 1.9 2.2 2.4 2.4 8.0 12.0 11.8 11.7 14.6 16.2 14.9 14.4 14.4 16.1 16.5
Capital spending 1.2 1.3 1.7 1.8 2.2 1.8 5.3 8.7 9.1 7.2 7.4 7.6 9.4 11.1 11.3 11.7 12.1
Free cash flow 0.7 0.4 0.1 0.3 0.1 0.5 2.7 3.3 2.6 4.6 7.1 8.6 5.5 3.3 3.2 4.4 4.4
Stock-based pay 0.0 0.0 0.1 0.0 0.1 0.1 0.2 0.3 0.3 0.3 0.4 0.4 0.5 0.7 0.7 0.7 0.6
Free cash flow after stock pay 0.7 0.4 0.1 0.3 0.1 0.4 2.5 3.0 2.4 4.2 6.8 8.2 5.1 2.6 2.5 3.7 3.7
Balance sheet
Cash 0.0 0.0 0.0 0.0 0.0 0.0 1.5 0.6 0.6 3.5 1.0 0.6 0.6 0.7 0.5 0.5 0.5
Total debt 12.3 12.9 12.8 14.2 20.9 35.7 61.7 70.2 72.8 79.1 82.8 91.6 97.6 98.2 94.7 95.7 95.1
Net debt (negative = net cash) 12.3 12.9 12.8 14.2 20.9 35.7 60.2 69.6 72.3 75.6 81.8 91.0 97.0 97.5 94.2 95.2 94.6
Diluted shares 113m 109m 100m 102m 98m 101m 235m 297m 236m 224m 209m 193m 164m 152m 145m 138m 128m
Returned to shareholders
Buybacks 0.0 0.7 0.0 0.0 0.0 0.0 1.6 11.7 4.4 6.9 11.2 15.4 10.3 3.2 1.2 5.1 4.8
Total returned 0.0 0.7 0.0 0.0 0.0 0.0 1.6 11.7 4.4 6.9 11.2 15.4 10.3 3.2 1.2 5.1 4.8

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 5 checks passed · June 30, 2026
What it owns · $155.6bn
Short-term assets $5.0bnLonger-term assets $150.6bn
What it owes, and who funded it · $30.7bn
Short-term liabilities $13.8bnShareholders' equity $17.0bn
  • Short-term assets cover short-term liabilities $5.0bn of assets due within a year against $13.8bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $509m of cash against $94.0bn of debt.
  • Debt below 40% of shareholders' equity Debt is 554% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 630% to 554% over five years.
  • A year's operating cash flow covers at least 20% of debt $16.5bn of operating cash flow against $94.0bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Charter Communications's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$4.8B
Returned to shareholders
109%
of free cash flow
Buybacks, last 3 fiscal years
$9.6B
Diluted share count
−11.0%
year over year
Total shareholder yield
34.0%
dividends 0.0% + buybacks 34.0% of market value
Days sales outstanding
24 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in cable & satellite
Last 12 months unless stated CHTR CMCSA OPTU LBTYK CABO Median
Revenue, last 12 months $54.4bn $123.0bn $8.4bn $4.9bn $1.4bn $8.4bn
Revenue growth, last 12 months −1.5% −0.2% −4.4% 5.4% −6.5% −1.5%
Revenue growth, 3-year average −0.1% 0.6% −3.7% 5.8% −5.3% −0.1%
Revenue growth, latest quarter −1.7% −6.1% −5.8% −7.7% −8.4% −6.1%
Gross margin — — 69.9% 67.2% — 68.5%
Operating margin 23.3% 14.7% −35.3% −1.8% −17.5% −1.8%
Operating margin, 3-year average 23.5% 17.1% −0.1% −2.1% 0.3% 0.3%
Net margin 9.1% 9.2% −58.1% −62.1% −72.8% −58.1%
Cash from operations / revenue 30.3% 25.8% 12.3% 26.0% 37.5% 26.0%
Free-cash-flow margin 8.0% 13.9% −2.5% −5.2% 17.5% 8.0%
Free-cash-flow margin, 3-year average 7.3% 12.5% 0.4% 10.3% 19.3% 10.3%
Stock pay / revenue 1.2% 1.1% 0.6% 3.4% 2.4% 1.2%
Change in share count −11.0% −4.4% 0.1% −4.5% 6.0% −4.4%

Median of all 5 companies we cover in cable & satellite. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

5 cable & satellite companies
Measure Company Peer median Rank
Revenue growth Growth -1.5% -1.5% 3 of 5
Change in growth rate Growth -0.6pp -0.8pp 2 of 5
Operating margin Profitability 23.3% -1.8% 1 of 5
Net margin Profitability 9.1% -58.1% 2 of 5
Free-cash-flow margin Cash generation 8.0% 8.0% 3 of 5
Stock pay as % of revenue Cash generation 1.2% 1.2% 3 of 5
Long-term debt as % of assets Balance sheet 59.7% 59.7% 3 of 5
Change in share count Balance sheet -11.0% -4.4% 1 of 5

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Residential Product Line $42.6B ▼ 1.0%
Connectivity $27.5B ▲ 4.1%
Residential Internet Product Line $23.8B ▲ 1.7%
Residential Video Product Line $13.7B ▼ 9.4%
Commercial Product Line $7.3B ▲ 0.8%
Commercial Small and Medium Business Product Line $4.3B ▼ 0.7%
Residential Mobile Service Product Line $3.8B ▲ 22.0%
Other Services $3.4B ▲ 12.1%
Commercial Enterprise Product Line $3B ▲ 3.2%
Advertisingsales $1.5B ▼ 17.5%
Residential Voice Product Line $1.4B ▼ 6.1%

These categories overlap or exclude eliminations, so shares aren't shown.

From Charter Communications's 10-K filed January 30, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$14.7B
Institutions reporting
773
Shares held vs prior quarter
▲ 5.1%
Positions opened / closed
123 / 136

Top buyers and sellers, Q2 2026: 409 institutions bought and 372 sold ; the biggest buyer was First Eagle Investment Management, LLC (+3.6M shares) and the biggest seller Capital Research Global Investors (−5.3M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Dodge & Cox $2.1B 15.0M 14.5% ▲ 2.8%
First Eagle Investment Management, LLC $1B 7.2M 6.9% ▲ 100.4%
Blackrock, Inc. $1B 7.1M 6.8% ▲ 1.2%
State Street Corp $991M 7.0M 6.7% ▼ 14.9%
Vanguard Capital Management LLC $760M 5.3M 5.2% ▼ 2.3%
Vanguard Portfolio Management LLC $501M 3.5M 3.4% ▼ 5.4%
Goldman Sachs Group Inc $396M 2.8M 2.7% ▲ 84.6%
Invesco Ltd. $395M 2.8M 2.7% ▼ 50.4%
Norges Bank $349M 2.5M 2.4% —
Geode Capital Management, LLC $340M 2.4M 2.3% ▼ 2.1%
UBS Group AG $324M 2.3M 2.2% ▲ 89.4%
Lind Value Ii Aps $316M 2.2M 2.1% ▲ 137.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Charter Communications's complete shareholder register. Values are as reported by the filers ; 25 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $3.2M 4 trades by 4 insiders, last 12 months Insider sales History → $13M 4 trades by 2 insiders · 0% under pre-set plans
Net ▼ $9.8M net selling
Insider Date Trade Shares Price Value
Rutledge Thomas 10% owner May 27, 2026 Sell 9,100 $146.92 $1.3M
Rutledge Thomas 10% owner May 27, 2026 Sell 9,100 $146.96 $1.3M
Rutledge Thomas 10% owner May 26, 2026 Sell 69,633 $144.45 $10.1M
Ramos Mauricio Director May 15, 2026 Buy 9,929 $140.93 $1.4M
Winfrey Christopher L President and CEO April 28, 2026 Buy 3,468 $172.23 $597,311
Nair Balan Director April 28, 2026 Buy 1,000 $175.46 $175,460
Davis Wade Director April 28, 2026 Buy 5,728 $173.72 $995,068
Merritt David C Director November 5, 2025 Sell 1,200 $226.18 $271,416

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 39 trades and filings

In the last 12 months, 2 members of Congress disclosed 1 purchase and 1 sale of Charter Communications shares.

  • August Pfluger(R-TX 11):Exchange, $1,001 - $15,000, traded August 20, 2026, filed September 14, 2026
  • August Pfluger(R-TX 11):Exchange, $1,001 - $15,000, traded August 20, 2026, filed September 14, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded April 14, 2026, filed May 8, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around October 30, 2026 estimated from the company's past filing pattern, not announced

  • July 24, 2026
  • April 24, 2026
  • January 30, 2026
  • October 31, 2025
  • July 25, 2025
  • April 25, 2025

Recent SEC filings

Data status

When each part of this page on Charter Communications was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Charter Communications in brief

What does Charter Communications do?
Charter Communications is a US-listed company in the cable & satellite industry. Its financial year ends in December.
What is Charter Communications's stock ticker?
Charter Communications trades under the ticker CHTR on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Charter Communications's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Charter Communications reported revenue of $54.4B, 1.5% lower than a year earlier, according to its SEC filings.
What is Charter Communications's free cash flow?
Charter Communications's free-cash-flow margin is 8.0% of revenue over the trailing twelve months, ranking 3 of the 5 cable & satellite companies we cover.
Who are Charter Communications's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Dodge & Cox, First Eagle Investment Management, LLC and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Charter Communications buying back stock, and does it pay a dividend?
Charter Communications spent $4.8B on share repurchases over the trailing twelve months, and its diluted share count fell 11.0% over the year.
What is Charter Communications's market cap?
On November 2, 2026, Charter Communications's market capitalisation was about $14.8B, with a price-to-earnings ratio of 3.0 and net debt of $94.6B. Market figures come from third-party market data and may be delayed.
How much debt does Charter Communications have?
Charter Communications's debt-to-equity ratio is 554.3%, from its latest balance sheet (630.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Charter Communications's competitors?
In our Cable & Satellite peer group, the companies closest to Charter Communications are Comcast, Optimum Communications, Inc., Liberty Global Ltd. and Cable One, Inc. The side-by-side comparison below sets their revenue, margins and growth against Charter Communications's.
Are insiders buying or selling Charter Communications stock?
Over the last 12 months, Charter Communications's directors and officers reported 4 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Charter Communications's next earnings date?
Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Charter Communications announces its own schedule.