Charter Communications, Inc.

Telecommunications
Cable & Other Pay Television Services
corporate.charter.com

Earnings Score
Moat Score
Safety Score

Market Cap $52.61B
PE 11
Debt $97.11B
Cash $750.00M
EV $148.97B
FCF $3.76B

Earnings

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Sales & Net Margins

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Earnings	$4.68B
EBIT	$13.00B
ROE	26%
ROA	9%
FCF	$3.76B
Equity	$18.05B
Growth Stability	28%
PE	11.25
PEG	0.54
PB	2.91
P/FCF	13.98
P/S	0.96
Price/Cash	0.01
Debt/Equity	5.38
Debt/FCF	25.81
Net Margins	9%
Op. Margins	24%
Earnings CAGR	8%
Sales Growth YoY	2%
Sales Growth QoQ	1%
Sales CAGR	13%
FCF CAGR	14%
Equity CAGR	17%
Earnings Stability	0.09
Earnings Growth YoY	2%
Earnings Growth QoQ	4%

Earnings CAGR 5Y	21%
Sales CAGR 5Y	4%
FCF CAGR 5Y	-14%
Equity CAGR 5Y	-20%
Earnings CAGR 3Y	2%
Sales CAGR 3Y	2%
FCF CAGR 3Y	-34%
Equity CAGR 3Y	4%
Market Cap	$52.61B
Revenue	$54.87B
Assets	$149.37B
Total Debt	$97.11B
Cash	$750.00M
Shares Outstanding	142.31M
EV	148.97B
Earnings Score	7%
Moat Score	91%
Safety Score	30%
Final Score	43%
Working Capital	-8.67B
Current Ratio	0.34
Shares Growth 3y	-8%
Equity Growth QoQ	8%
Equity Growth YoY	22%

Assets & ROA

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Stockholders Equity & ROE

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Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 54 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 29 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

SEC Filings

Direct access to Charter Communications, Inc. (CHTR) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Charter Communications, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Charter Communications, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 8%

Stability 9%

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Charter Communications, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Charter Communications, Inc. .

Years

Calculation mode

= $98B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$3.8B	$4.3B	$4.9B	$5.5B	$6.3B	$7.2B	$8.2B	$9.3B	$11B	$12B	$14B	$137B
DCF		$3.9B	$4B	$4.2B	$4.3B	$4.5B	$4.6B	$4.8B	$4.9B	$5.1B	$5.3B	$53B
Value	$98B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	-2%	-3%	12%	24%	3%	4%	7%	9%	9%	8%	9%
ROA	-	3%	2%	3%	4%	4%	6%	7%	8%	9%	9%
ROE	-	589%	7%	21%	3%	4%	11%	26%	40%	31%	26%

Net Margins (8.79%)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	68.83	-3.07	22.08	28.81	18.14	11.72	10.99	17.86	30.07	25.81
Debt over Equity	143.99	-776.59	1.27	1.52	1.72	2.13	2.77	5.21	7.9	6.78	5.38
Growth Stability	-	-	-	100%	28%	34%	76%	100%	100%	100%	28%

Bad Debt/FCF ratio (25.81)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Bad Debt/Equity ratio (5.38)

The company is overleveraged and has a bad balance between equity and debt.

Bad Graham’s Stability (28%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	7%	197%	43%	5%	5%	5%	7%	5%	1%	4%
Earnings YoY growth	-	48%	-1K%	181%	-88%	36%	93%	44%	9%	-10%	21%
Equity YoY growth	-	-132%	-110K%	-6%	-7%	-12%	-22%	-40%	-31%	17%	-20%
FCF YoY growth	-	276%	-4K%	-116%	-19%	72%	57%	20%	-36%	-40%	-14%