Charter Communications (CHTR) financial statements
Charter Communications reported revenue of $54.8B in fiscal 2025, up 7.3% a year over 9 years.
Net income was $5.0B and the operating margin 23.6%, against 8.5% in 2016.
Free cash flow was $4.4B, and the company returned $5.1B in net buybacks.
The diluted share count fell 41% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Charter Communications's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.0B | $41.6B | $43.6B | $45.8B | $48.1B | $51.7B | $54.0B | $54.6B | $55.1B | $54.8B |
| Operating income | $2.5B | $4.1B | $5.2B | $6.5B | $8.4B | $10.5B | $12.0B | $12.6B | $13.1B | $12.9B |
| Pre-tax income | $820M | $1.0B | $1.7B | $2.4B | $4.3B | $6.4B | $7.5B | $6.9B | $7.5B | $7.5B |
| Income tax | -$2.9B | -$9.1B | $180M | $439M | $626M | $1.1B | $1.6B | $1.6B | $1.6B | $1.7B |
| Net income | $3.5B | $9.9B | $1.2B | $1.7B | $3.2B | $4.7B | $5.1B | $4.6B | $5.1B | $5.0B |
| EPS (diluted) | $15.94 | $34.09 | $5.22 | $7.45 | $15.40 | $24.47 | $30.74 | $29.99 | $34.97 | $36.21 |
| Diluted shares | 235M | 297M | 236M | 224M | 209M | 193M | 164M | 152M | 145M | 138M |
| Operating margin | 8.5% | 9.9% | 12.0% | 14.2% | 17.5% | 20.4% | 22.1% | 23.0% | 23.8% | 23.6% |
| Net margin | 12.1% | 23.8% | 2.8% | 3.6% | 6.7% | 9.0% | 9.4% | 8.3% | 9.2% | 9.1% |
Balance sheet
Fiscal years, from Charter Communications's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $1.5B | $621M | $551M | $3.5B | $1.0B | $601M | $645M | $709M | $459M | $477M |
| Receivables | $1.4B | $1.6B | $1.7B | $2.2B | $2.5B | $2.6B | $2.9B | $3.0B | $3.1B | $3.7B |
| Total current assets | $3.3B | $2.6B | $2.7B | $6.5B | $3.9B | $3.6B | $4.0B | $4.1B | $4.2B | $5.1B |
| Property, plant and equipment | $33.0B | $33.9B | $35.1B | $34.6B | $34.4B | $34.3B | $36.0B | $39.5B | $42.9B | $46.4B |
| Goodwill | $29.5B | $29.6B | $29.6B | $29.6B | $29.6B | $29.6B | $29.6B | $29.7B | $29.7B | $29.7B |
| Total assets | $149.1B | $146.6B | $146.1B | $148.2B | $144.2B | $142.5B | $144.5B | $147.2B | $150.0B | $154.2B |
| Total current liabilities | $9.6B | $11.1B | $12.1B | $12.4B | $9.9B | $12.5B | $12.1B | $13.2B | $13.5B | $13.3B |
| Long-term debt | $59.7B | $68.2B | $69.5B | $75.6B | $81.7B | $88.6B | $96.1B | $95.8B | $92.1B | $94.0B |
| Total liabilities | $98.7B | $99.1B | $101.9B | $109.4B | $113.9B | $124.3B | $132.0B | $132.5B | $130.3B | $133.7B |
| Shareholders' equity | $40.1B | $39.1B | $36.3B | $31.4B | $23.8B | $14.1B | $9.1B | $11.1B | $15.6B | $16.1B |
| Net debt | $60.2B | $69.6B | $72.3B | $75.6B | $81.8B | $91.0B | $97.0B | $97.1B | $93.5B | $94.3B |
Cash flow
Fiscal years, from Charter Communications's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $8.0B | $12.0B | $11.8B | $11.7B | $14.6B | $16.2B | $14.9B | $14.4B | $14.4B | $16.1B |
| Capital spending | $5.3B | $8.7B | $9.1B | $7.2B | $7.4B | $7.6B | $9.4B | $11.1B | $11.3B | $11.7B |
| Free cash flow | $2.7B | $3.3B | $2.6B | $4.6B | $7.1B | $8.6B | $5.5B | $3.3B | $3.2B | $4.4B |
| Stock-based compensation | $244M | $261M | $285M | $315M | $351M | $430M | $470M | $692M | $651M | $673M |
| Share buybacks (net) | -$1.6B | -$11.7B | -$4.4B | -$6.9B | -$11.2B | -$15.4B | -$10.3B | -$3.2B | -$1.2B | -$5.1B |
| Net borrowing | $1.8B | $8.8B | $3.1B | $6.4B | $3.7B | $8.8B | $6.3B | $124M | -$3.8B | $688M |
| Free cash flow margin | 9.4% | 7.9% | 6.1% | 9.9% | 14.9% | 16.6% | 10.3% | 6.1% | 5.7% | 8.1% |
Questions
What was Charter Communications's revenue in 2025?
$54.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does Charter Communications generate?
$4.4B in fiscal 2025 (operating cash flow minus capital spending).
From Charter Communications's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.