Stock Analysis on Net

Charter Communications Inc. (NASDAQ:CHTR)

$24.99

Return on Equity (ROE)
since 2010

Microsoft Excel

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Calculation

Charter Communications Inc., ROE, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).

1 US$ in millions


Net income (loss) attributable to Charter shareholders
The net income showed significant volatility over the years. From 2010 to 2015, the company experienced consistent net losses, with the largest loss recorded in 2011 at -369 million USD. A notable turnaround began in 2016, when net income rose sharply to 3,522 million USD, followed by substantial growth in 2017 reaching 9,895 million USD. After peaking in 2017, net income declined notably in 2018 to 1,230 million USD but then demonstrated a steady increase through 2020 to 3,222 million USD, 2021 to 4,654 million USD, and 2022 to 5,055 million USD. The last two reported years, 2023 and 2024, show a slight decline and then an increase again, recording 4,557 million USD and 5,083 million USD respectively.
Total Charter shareholders’ equity (deficit)
The shareholders’ equity data reflects a drastic improvement beginning in 2016. From 2010 through 2015, equity values were low and in some years negative, reaching a deficit of -46 million USD in 2015. In 2016, equity surged to approximately 40,139 million USD, a dramatic increase that was maintained at high levels through 2017 (39,084 million USD) but displayed a downward trend thereafter. From 2018 to 2022, equity gradually declined from 36,285 million USD to 9,119 million USD. There is a modest recovery in 2023 and 2024, with equity increasing to 11,086 million USD and 15,587 million USD respectively.
Return on Equity (ROE)
The ROE percentage mirrors the patterns seen in net income and equity, with negative returns persistently recorded from 2010 through 2014, reaching an extremely low point in 2012 at -204.03%. Data is missing for 2015. Post-2015, ROE turned positive and generally improved, with a significant rise noted in 2017, reaching 25.32%. Afterwards, ROE fluctuated but remained positive, ranging from 3.39% in 2018 to a peak of 55.43% in 2021. The last two years show slight declines but still healthy returns, 41.11% in 2023 and 32.61% in 2024.
Summary Analysis
The overall financial performance shows a period of struggle with losses and low equity until 2015, followed by a sharp recovery with substantial net income and equity gains starting in 2016. The subsequent years reveal some instability, with fluctuations in net income and a downward trend in equity, though both metrics remain significantly higher than pre-2016 levels. Return on equity improved markedly after 2015, indicating enhanced profitability relative to shareholder equity. Despite some volatility after 2017, ROE remained positive and strong through the most recent years, reflecting improved operational efficiency and financial health compared to the earlier negative performance. The pattern suggests a transformational phase around 2016 that has led to sustained, if somewhat variable, profitability and equity value.

Comparison to Competitors

Charter Communications Inc., ROE, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).


Comparison to Sector (Media & Entertainment)

Charter Communications Inc., ROE, long-term trends, comparison to sector (media & entertainment)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).


Comparison to Industry (Communication Services)

Charter Communications Inc., ROE, long-term trends, comparison to industry (communication services)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).