Charter Communications, Inc. /Mo/CHTR

NasdaqMedia & TelecomCable & Other Pay Television Services
Price (close)
$112.91
Market cap
$13.7B
P/E
2.8x
Revenue (TTM)
$54.4B
Net income
$4.9B
Dividend yield
—
1-year total return
-58.3%
Net margin
9.1%
Revenue growth
-1.5%
Debt / equity
5.54x

What Charter Communications, Inc. /Mo/ does.

We are a leading broadband connectivity company with services available to 58 million homes and small to large businesses across 41 states through our Spectrum ® brand. Founded in 1993, we have evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, we offer Seamless Connectivity and Entertainment with Spectrum Internet ® , Mobile, TV and Voice products.

Our strategy is focused on utilizing our fiber-powered network to deliver high-quality, competitively priced products, with outstanding service, allowing us to increase both the number of customers we serve over our network and the number of products we sell to each customer. This combination also reduces the number of service transactions we perform per relationship, yielding higher customer satisfaction and lower customer churn, which results in lower costs to acquire and serve customers and drives greater profitability.

We offer Spectrum Internet products with speeds up to 1 gigabits per second (“Gbps”) across our entire footprint and multi-gigabit speeds in a portion of our footprint. We continue to upgrade our connectivity network, and we will offer symmetrical and multi-gigabit Internet speeds across our entire footprint in the next several years. Advanced WiFi, a managed WiFi service that provides customers an optimized home network while providing greater control of connected devices with enhanced security and privacy, is available to all of our Internet customers. Spectrum Mobile ® is available to all new and existing Spectrum Internet customers and offers plans that include 5G access, do not require contracts and include taxes and fees in the price. We continue to innovate our video product and have transformed all of our affiliation agreements with major programmers. These new agreements give us greater overall packaging flexibility and the ability to include the ad-supported versions of key programmer streaming applications, at no extra cost, within our video packages, along with the ability to upgrade to ad-free versions and to sell those applications to customers a la carte for a seamless entertainment experience. Together with our Xumo Stream Boxes (“Xumo”), our goal is to deliver utility and value for our customers, irrespective of how they want to view content, and better and more stable economics for our programming partners and us.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$48.1B$51.7B$54.0B$54.6B$55.1B$54.8B
Net income$3.2B$4.7B$5.1B$4.6B$5.1B$5.0B
Free cash flow$7.1B$8.6B$5.5B$3.3B$3.2B$4.4B

More on CHTR.

Figures from Charter Communications, Inc. /Mo/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.