Charter Communications, Inc. (CHTR) financials
NASDAQ · Communication Services · Telecommunications Services · 91,900 employees · CEO Christopher L. Winfrey
- Price
- $111.49 +2.28%
- Market cap
- $15B
- Enterprise value
- $111B
- Last report
- Q2 '26 filed 2026-07-24
- Next report
- 2026-11-06 EPS est. $9.50
Revenue (TTM)$54.4B-1.5% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)24.0%-0.5 pp vs a year agoOperating income $13B
Net income (TTM)$4.92B-6.5% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$4.36B+1.3% vs a year agoCapex $12.1B
Diluted EPS (TTM)$38.51+5.5% vs a year agoSum of the last 4 quarters
Net cash-$96.2B-0.5% vs a year agoCash + short-term investments - debt
Valuation & key figures
- Market cap
- $15B EV $111B
- Revenue
- $54.4B Trailing 12 months
- Revenue growth
- -1% FY2026 consensus
- Profit margin
- 9.1% Net income / revenue, TTM
- P/E
- 2.9× Forward 2.7× (FY2026)
- P/S
- 0.3× Price / sales, TTM
- EV / EBITDA
- 5.2× TTM
- Free cash flow
- $4.36B Trailing 12 months
- Net income
- $4.92B Trailing 12 months
- Revenue estimate
- $54.2B FY2026 consensus
- Earnings
- 2026-11-06 Revenue est. $13.5B
- Dividend
- – No dividend
Key takeaways
Computed from the reported numbers - every statement carries the figure it rests on.
- Last report (2026-07-24): revenue in line, EPS beat by 6.8%Revenue $13.5B vs $13.5B expected (+0.1%); EPS $10.66 vs $9.98 (+6.8%).
- Revenue growth steady: -1.7% year on yearQ2 '26 revenue $13.5B, against an average of -0.9% over the four quarters before.
- Operating margin 24.0% (TTM), -0.5 pp on a year agoOperating income grew -3.6% while revenue grew -1.5%.
- 73.4% of pre-tax profit is eaten by non-operating lossesPre-tax income $7.52B vs operating income $13B (TTM). Losses on equity stakes and other one-off items cut net income and EPS - operating income is the cleaner measure of the business.
- Capex 22.3% of revenue (a year ago 19.7%)$12.1B invested in the last 4 quarters (+11.1% on a year earlier). Free cash flow $4.36B = 88.5% of net income.
- Returned $4.76B to shareholders = 109.2% of free cash flowBuybacks $4.76B (a year earlier $2.59B), dividends $0, stock-based pay $635M (TTM). More than the free cash flow: paid from cash or debt.
- Diluted share count down 14.4% in a year121M diluted shares in Q2 '26, 142M a year earlier.
- Net debt $96.2BCash + short-term investments $509M, debt incl. leases $96.7B; a year ago net debt $95.7B.
Last quarter: Q2 '26
Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.
Quarter vs a year ago
| Q2 '26 | Year ago | Change | |
|---|---|---|---|
| Revenue | $13.5B | $13.8B | -1.7% |
| Gross margin | 45.4% | 46.4% | -1.0 pp |
| Operating income | $3.18B | $3.36B | -5.4% |
| Operating margin | 23.5% | 24.4% | -0.9 pp |
| Net income | $1.29B | $1.3B | -0.7% |
| Diluted EPS | $10.66 | $9.18 | +16.1% |
| Operating cash flow | $3.93B | $3.6B | +9.0% |
| Capex | $2.87B | $2.87B | -0.1% |
| Free cash flow | $1.05B | $726M | +45.2% |
| R&D | $0 | $0 | – |
| Stock-based compensation | $138M | $157M | -12.1% |
Reported vs consensus
2026-07-24| Actual | Consensus | vs consensus | |
|---|---|---|---|
| Revenue | $13.5B | $13.5B | +0.1% |
| EPS (as estimated) | $10.66 | $9.98 | +6.8% |
From the report of 2026-07-24 for Q2 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.
EPS vs consensus
last 8 reportsRevenue
Where the money comes from - by business line and by region, quarter by quarter.
Revenue, operating income and growth
quarterlyRevenue by business line
stacked, quarterly| Segment | Q2 '26 | y/y | Share | TTM | TTM y/y | 12 quarters |
|---|---|---|---|---|---|---|
| Residential Product Line | – | – | – | – | – | |
| Residential Internet Product Line | – | – | – | – | – | |
| Internet | $5.78B | – | 42.7% | – | – | |
| Residential Video Product Line | – | – | – | – | – | |
| Video | $3.15B | – | 23.3% | – | – | |
| Commercial Product Line | – | – | – | – | – | |
| Small business | $1.1B | – | 8.2% | – | – | |
| Mobile service | $1.1B | – | 8.1% | – | – | |
| Other | $894M | – | 6.6% | – | – | |
| Mid-market & large business | $761M | – | 5.6% | – | – | |
| Advertising sales | $416M | +12.1% | 3.1% | $1.53B | -10.1% | |
| Residential Voice Product Line | – | – | – | – | – | |
| Voice | $331M | – | 2.4% | – | – |
Margins & cost structure
How much of each unit of revenue is left at each level - and where the costs go.
Margins
quarterlyCosts as % of revenue
quarterlyCash flow & capital allocation
Cash generated, what it is spent on, and what reaches shareholders.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsLast 4 quarters
cash flow statement- Operating cash flow
- $16.5B
- Capex
- -$12.1B
- Buybacks
- -$4.76B
- Dividends
- $0
- Acquisitions
- -$121M
- Net debt issued
- $104M
- Stock-based compensation
- $635M
- Free cash flow
- $4.36B
- Returned to shareholders / FCF
- 109.2%
Share count and EPS
quarterly, dilutedBalance sheet
Liquidity, investments and debt at each quarter end.
Cash, investments and debt
quarter endsValuation & returns
Today's multiples against the company's own last five fiscal years; analyst targets and ratings.
Multiples and returns
TTM vs 5 fiscal years| Now | 5y average | Where today sits in the 5-year range | |
|---|---|---|---|
| P/E (TTM) | 2.9× | 12.9× | 5.7× – 25.7× |
| EV / EBITDA | 5.2× | 7.6× | 5.9× – 10.7× |
| EV / Sales | 2.0× | 2.9× | 2.3× – 4.1× |
| Price / FCF | 3.4× | 12.3× | 6.4× – 16.6× |
| Price / Book | 0.8× | 4.9× | 1.8× – 8.5× |
| FCF yield | 29.0% | 9.3% | 6.0% – 15.7% |
| Return on invested capital | 6.9% | 7.1% | 6.8% – 7.4% |
| Return on equity | 30.4% | 38.7% | 31.1% – 55.4% |
Analysts
Consensus target $156.56 (+40.4%)
range $101.00 – $380.00 · rating Buy
Strong buy0
Buy26
Hold25
Sell5
Strong sell0
Outlook
Analyst consensus for the coming fiscal years and what it implies at today's price.
Consensus estimates
| Fiscal year | Revenue | Growth | EPS | Growth | P/E at today's price | Analysts (EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $54.2B | -1.0% | $40.69 | +12.4% | 2.7× | 5 |
| FY2027 | $53.7B | -1.1% | $43.46 | +6.8% | 2.6× | 5 |
| FY2028 | $53.5B | -0.2% | $49.22 | +13.3% | 2.3× | 2 |
| FY2029 | $54.5B | +1.8% | $52.42 | +6.5% | 2.1× | 1 |
| FY2030 | $55B | +0.9% | $67.23 | +28.3% | 1.7× | 1 |
Financial statements
Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.
Every reported line
All 251 figures Charter Communications, Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).
| Line (SEC label) | Latest quarter | Year ago | y/y | Latest FY | Prior FY | y/y |
|---|---|---|---|---|---|---|
| Accounts Payable and Accrued Liabilities, Current | $12.8B | $12B | +6.4% | $12.6B | $11.7B | +7.4% |
| Accounts Payable, Trade, Current | $1.07B | $967M | +10.2% | $1.03B | $880M | +17.5% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $3.65B | $3.55B | +2.9% | $3.68B | $3.1B | +18.8% |
| Accounts Receivable, Allowance for Credit Loss, Current | $238M | $233M | +2.1% | $219M | $204M | +7.4% |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | – | – | – | $731M | $826M | -11.5% |
| Accounts Receivable, Credit Loss Expense (Reversal) | – | – | – | $746M | $762M | -2.1% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $42B | $40.7B | +3.1% | $41.5B | $39.4B | +5.3% |
| Additional Paid in Capital, Common Stock | $21.8B | $23.7B | -8.2% | $21.4B | $23.3B | -8.1% |
| Amortization of Debt Discount (Premium) | $6M | $7M | -14.3% | $29M | $34M | -14.7% |
| Amortization of Intangible Assets | – | – | – | $585M | $838M | -30.2% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 16M | 16M | 0.0% | 16M | 17M | -5.9% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $138M | $157M | -12.1% | $673M | $651M | +3.4% |
| Assets | $156B | $152B | +2.7% | $154B | $150B | +2.8% |
| Assets, Current | $4.97B | $4.81B | +3.3% | $5.14B | $4.23B | +21.5% |
| Business Combination, Acquisition Related Costs | $8M | $43M | -81.4% | $129M | $0 | – |
| Business Combination, Integration Related Costs | $65M | $0 | – | $19M | $0 | – |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt | $12.4B | $12.6B | -1.6% | $12.6B | – | – |
| Capitalized Contract Cost, Net | $765M2025-12-31 | $701M | +9.1% | $765M | $701M | +9.1% |
| Cash and Cash Equivalents, at Carrying Value | $509M | $606M | -16.0% | $477M | $459M | +3.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $599M | $649M | -7.7% | $598M | $506M | +18.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$23M | -$217M | +89.4% | $92M | -$203M | +145.3% |
| Contract with Customer, Asset, Allowance for Credit Loss, Noncurrent | $117M2025-12-31 | $99M | +18.2% | $117M | $99M | +18.2% |
| Contract with Customer, Liability, Current | $422M2025-12-31 | $456M | -7.5% | $422M | $456M | -7.5% |
| Contract with Customer, Receivable, after Allowance for Credit Loss, Current | $1.28B2025-12-31 | $967M | +32.0% | $1.28B | $967M | +32.0% |
| Contract with Customer, Receivable, after Allowance for Credit Loss, Noncurrent | $1.11B2025-12-31 | $980M | +13.7% | $1.11B | $980M | +13.7% |
| Contractual Obligation | $17.1B2025-12-31 | $10.8B | +58.7% | $17.1B | $10.8B | +58.7% |
| Contractual Obligation, to be Paid, after Year Five | $4.28B2025-12-31 | $4.95B | -13.5% | $4.28B | $4.95B | -13.5% |
| Contractual Obligation, to be Paid, Year Five | $1.07B2025-12-31 | $655M | +63.7% | $1.07B | $655M | +63.7% |
| Contractual Obligation, to be Paid, Year Four | $1.05B2025-12-31 | $728M | +43.7% | $1.05B | $728M | +43.7% |
| Contractual Obligation, to be Paid, Year One | $4.5B2025-12-31 | $2B | +125.7% | $4.5B | $2B | +125.7% |
| Contractual Obligation, to be Paid, Year Three | $2.76B2025-12-31 | $1.12B | +146.4% | $2.76B | $1.12B | +146.4% |
| Contractual Obligation, to be Paid, Year Two | $3.46B2025-12-31 | $1.34B | +157.7% | $3.46B | $1.34B | +157.7% |
| Costs and Expenses | $10.5B | $10.5B | -0.2% | $41.9B | $42B | -0.2% |
| Current Federal Tax Expense (Benefit) | – | – | – | $358M | $1.38B | -74.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $679M | $1.74B | -60.9% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $321M | $357M | -10.1% |
| Debt Instrument, Face Amount | $93.8B | $94.3B | -0.4% | $94.6B | $93.8B | +0.9% |
| Debt, Weighted Average Interest Rate | 5.1%2025-12-31 | 5.2% | -1.9% | 5.1% | 5.2% | -1.9% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $943M | -$69M | +1,466.7% |
| Deferred Income Tax Expense (Benefit) | $203M | -$53M | +483.0% | $1.01B | -$87M | +1,264.4% |
| Deferred Income Tax Liabilities, Net | $20.2B | $18.8B | +7.9% | $19.8B | $18.8B | +5.3% |
| Deferred Revenue, Current | $428M | $457M | -6.3% | $422M | $456M | -7.5% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $70M | -$18M | +488.9% |
| Deferred Tax Assets, Gross | $1.3B2025-12-31 | $1.18B | +10.4% | $1.3B | $1.18B | +10.4% |
| Deferred Tax Assets, Net of Valuation Allowance | $1.28B2025-12-31 | $1.16B | +10.5% | $1.28B | $1.16B | +10.5% |
| Deferred Tax Assets, Operating Loss Carryforwards | $397M2025-12-31 | $642M | -38.2% | $397M | $642M | -38.2% |
| Deferred Tax Assets, Other | $902M2025-12-31 | $535M | +68.6% | $902M | $535M | +68.6% |
| Deferred Tax Assets, Valuation Allowance | $15M2025-12-31 | $15M | 0.0% | $15M | $15M | 0.0% |
| Deferred Tax Liabilities, Gross | $21.1B2025-12-31 | $20B | +5.6% | $21.1B | $20B | +5.6% |
| Deferred Tax Liabilities, Investments | $21.1B2025-12-31 | $20B | +5.6% | $21.1B | $20B | +5.6% |
| Deferred Tax Liabilities, Net | $19.8B2025-12-31 | $18.8B | +5.3% | $19.8B | $18.8B | +5.3% |
| Deferred Tax Liabilities, Other | $4M2025-12-31 | $8M | -50.0% | $4M | $8M | -50.0% |
| Defined Benefit Plan, Accumulated Benefit Obligation | $17M2025-12-31 | $2.21B | -99.2% | $17M | $2.21B | -99.2% |
| Defined Benefit Plan, Amortization of Gain (Loss) | – | – | – | $3M | -$28M | +110.7% |
| Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate | – | – | – | 5.1%2024-12-31 | 4.7% | +9.2% |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate | – | – | – | 5.1% | 4.7% | +9.2% |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate of Return on Plan Assets | – | – | – | 5.0% | 5.0% | 0.0% |
| Defined Benefit Plan, Benefit Obligation | $17M2025-12-31 | $2.21B | -99.2% | $17M | $2.21B | -99.2% |
| Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Settlement | – | – | – | $924M | $127M | +627.6% |
| Defined Benefit Plan, Benefit Obligation, Actuarial Gain (Loss) | – | – | – | $38M | -$141M | +127.0% |
Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02