Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Charter Communications Inc., profitability ratios (quarterly data)
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Charter Communications Inc. gross profit margin ratio deteriorated from Q2 2023 to Q3 2023 but then improved from Q3 2023 to Q4 2023 exceeding Q2 2023 level. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Charter Communications Inc. operating profit margin ratio improved from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Charter Communications Inc. net profit margin ratio improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Charter Communications Inc. ROE deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Charter Communications Inc. ROA improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Gross Profit Margin
Charter Communications Inc., gross profit margin calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Gross profit | 5,421) | 5,285) | 5,354) | 5,142) | 5,372) | 5,303) | 5,405) | 5,066) | 5,281) | 5,188) | 4,920) | 4,811) | 4,906) | 4,556) | 4,399) | 4,306) | 4,452) | 4,015) | 4,103) | 3,970) | ||||||
| Revenues | 13,711) | 13,584) | 13,659) | 13,653) | 13,674) | 13,550) | 13,598) | 13,200) | 13,212) | 13,146) | 12,802) | 12,522) | 12,624) | 12,039) | 11,696) | 11,738) | 11,761) | 11,450) | 11,347) | 11,206) | ||||||
| Profitability Ratio | ||||||||||||||||||||||||||
| Gross profit margin1 | 38.83% | 38.76% | 38.82% | 38.96% | 39.14% | 39.31% | 39.39% | 39.07% | 39.09% | 38.80% | 38.40% | 38.20% | 37.77% | 37.50% | 36.81% | 36.45% | 36.14% | — | — | — | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | ||||||||||||||||||||||||||
| Alphabet Inc. | 56.63% | 55.88% | 55.44% | 55.30% | 55.38% | 56.10% | 56.74% | 56.93% | 56.94% | 56.51% | 55.72% | 54.32% | 53.58% | 53.60% | 54.15% | 55.08% | 55.58% | — | — | — | ||||||
| Comcast Corp. | 69.76% | 69.96% | 69.65% | 69.49% | 68.53% | 68.41% | 67.34% | 66.64% | 66.96% | 66.59% | 66.81% | 67.61% | 68.02% | 68.36% | 68.99% | 68.56% | 68.39% | — | — | — | ||||||
| Meta Platforms Inc. | 80.76% | 79.05% | 78.34% | 78.40% | 78.35% | 80.31% | 80.47% | 80.34% | 80.79% | 80.85% | 80.98% | 80.55% | 80.58% | 81.04% | 81.46% | 81.72% | 81.94% | — | — | — | ||||||
| Netflix Inc. | 41.54% | 39.49% | 38.77% | 38.30% | 39.37% | 39.62% | 40.63% | 41.62% | 41.64% | 43.22% | 42.29% | 41.10% | 38.89% | 38.80% | 38.98% | 38.47% | 38.28% | — | — | — | ||||||
| Walt Disney Co. | 33.41% | 32.77% | 33.04% | 33.40% | 34.24% | 34.43% | 33.79% | 34.34% | 33.06% | 31.12% | 30.65% | 29.85% | 32.89% | 35.96% | 36.60% | 38.72% | 39.60% | 40.87% | 43.39% | 44.45% | ||||||
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
Gross profit margin = 100
× (Gross profitQ4 2023
+ Gross profitQ3 2023
+ Gross profitQ2 2023
+ Gross profitQ1 2023)
÷ (RevenuesQ4 2023
+ RevenuesQ3 2023
+ RevenuesQ2 2023
+ RevenuesQ1 2023)
= 100 × (5,421 + 5,285 + 5,354 + 5,142)
÷ (13,711 + 13,584 + 13,659 + 13,653)
= 38.83%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Charter Communications Inc. gross profit margin ratio deteriorated from Q2 2023 to Q3 2023 but then improved from Q3 2023 to Q4 2023 exceeding Q2 2023 level. |
Operating Profit Margin
Charter Communications Inc., operating profit margin calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Income from operations | 3,267) | 3,126) | 3,240) | 2,926) | 3,040) | 2,924) | 3,227) | 2,771) | 2,956) | 2,927) | 2,575) | 2,068) | 2,462) | 2,172) | 1,969) | 1,802) | 1,959) | 1,586) | 1,541) | 1,425) | ||||||
| Revenues | 13,711) | 13,584) | 13,659) | 13,653) | 13,674) | 13,550) | 13,598) | 13,200) | 13,212) | 13,146) | 12,802) | 12,522) | 12,624) | 12,039) | 11,696) | 11,738) | 11,761) | 11,450) | 11,347) | 11,206) | ||||||
| Profitability Ratio | ||||||||||||||||||||||||||
| Operating profit margin1 | 23.00% | 22.60% | 22.24% | 22.24% | 22.14% | 22.18% | 22.35% | 21.45% | 20.37% | 19.63% | 18.56% | 17.74% | 17.48% | 16.73% | 15.68% | 14.88% | 14.23% | — | — | — | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | ||||||||||||||||||||||||||
| Alphabet Inc. | 27.42% | 26.51% | 25.75% | 25.35% | 26.46% | 27.85% | 29.65% | 30.47% | 30.55% | 30.30% | 28.45% | 25.26% | 22.59% | 20.29% | 19.76% | 21.36% | 21.15% | — | — | — | ||||||
| Comcast Corp. | 19.18% | 19.33% | 11.99% | 11.75% | 11.56% | 11.82% | 18.25% | 17.76% | 17.89% | 17.51% | 17.01% | 16.97% | 16.89% | 18.05% | 19.03% | 19.13% | 19.39% | — | — | — | ||||||
| Meta Platforms Inc. | 34.66% | 28.96% | 23.80% | 23.56% | 24.82% | 29.74% | 33.41% | 36.68% | 39.65% | 41.79% | 42.52% | 40.42% | 38.01% | 36.41% | 37.12% | 36.21% | 33.93% | — | — | — | ||||||
| Netflix Inc. | 20.62% | 18.35% | 17.51% | 16.85% | 17.82% | 18.16% | 19.13% | 20.41% | 20.86% | 22.76% | 22.03% | 21.17% | 18.34% | 17.17% | 16.59% | 14.50% | 12.92% | — | — | — | ||||||
| Walt Disney Co. | 5.74% | 5.22% | 8.02% | 7.42% | 7.90% | 8.01% | 7.08% | 6.93% | 4.46% | 2.60% | -7.99% | -7.37% | -2.97% | 1.25% | 10.76% | 13.22% | 15.33% | 18.18% | 22.00% | 24.32% | ||||||
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
Operating profit margin = 100
× (Income from operationsQ4 2023
+ Income from operationsQ3 2023
+ Income from operationsQ2 2023
+ Income from operationsQ1 2023)
÷ (RevenuesQ4 2023
+ RevenuesQ3 2023
+ RevenuesQ2 2023
+ RevenuesQ1 2023)
= 100 × (3,267 + 3,126 + 3,240 + 2,926)
÷ (13,711 + 13,584 + 13,659 + 13,653)
= 23.00%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Charter Communications Inc. operating profit margin ratio improved from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023. |
Net Profit Margin
Charter Communications Inc., net profit margin calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Net income attributable to Charter shareholders | 1,058) | 1,255) | 1,223) | 1,021) | 1,196) | 1,185) | 1,471) | 1,203) | 1,610) | 1,217) | 1,020) | 807) | 1,246) | 814) | 766) | 396) | 714) | 387) | 314) | 253) | ||||||
| Revenues | 13,711) | 13,584) | 13,659) | 13,653) | 13,674) | 13,550) | 13,598) | 13,200) | 13,212) | 13,146) | 12,802) | 12,522) | 12,624) | 12,039) | 11,696) | 11,738) | 11,761) | 11,450) | 11,347) | 11,206) | ||||||
| Profitability Ratio | ||||||||||||||||||||||||||
| Net profit margin1 | 8.35% | 8.60% | 8.48% | 8.95% | 9.36% | 10.21% | 10.35% | 9.64% | 9.01% | 8.40% | 7.78% | 7.43% | 6.70% | 5.70% | 4.85% | 3.91% | 3.64% | — | — | — | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | ||||||||||||||||||||||||||
| Alphabet Inc. | 24.01% | 22.46% | 21.05% | 20.58% | 21.20% | 23.75% | 25.89% | 27.57% | 29.51% | 29.52% | 28.57% | 26.11% | 22.06% | 20.80% | 18.99% | 20.71% | 21.22% | — | — | — | ||||||
| Comcast Corp. | 12.66% | 12.53% | 5.40% | 4.71% | 4.42% | 4.46% | 11.54% | 11.96% | 12.17% | 12.73% | 11.44% | 11.25% | 10.17% | 9.90% | 10.91% | 10.72% | 11.99% | — | — | — | ||||||
| Meta Platforms Inc. | 28.98% | 23.42% | 18.71% | 18.27% | 19.90% | 24.41% | 28.16% | 31.20% | 33.38% | 35.88% | 37.18% | 35.74% | 33.90% | 32.00% | 31.29% | 28.57% | 26.15% | — | — | — | ||||||
| Netflix Inc. | 16.04% | 13.82% | 13.22% | 13.16% | 14.21% | 16.03% | 16.42% | 16.47% | 17.23% | 17.64% | 15.92% | 14.24% | 11.05% | 11.78% | 11.85% | 10.43% | 9.26% | — | — | — | ||||||
| Walt Disney Co. | 2.65% | 2.56% | 4.74% | 3.93% | 3.80% | 3.87% | 3.46% | 4.22% | 2.96% | 1.77% | -7.73% | -8.15% | -4.38% | -1.58% | 6.88% | 13.80% | 15.89% | 19.02% | 22.55% | 18.46% | ||||||
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
Net profit margin = 100
× (Net income attributable to Charter shareholdersQ4 2023
+ Net income attributable to Charter shareholdersQ3 2023
+ Net income attributable to Charter shareholdersQ2 2023
+ Net income attributable to Charter shareholdersQ1 2023)
÷ (RevenuesQ4 2023
+ RevenuesQ3 2023
+ RevenuesQ2 2023
+ RevenuesQ1 2023)
= 100 × (1,058 + 1,255 + 1,223 + 1,021)
÷ (13,711 + 13,584 + 13,659 + 13,653)
= 8.35%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Charter Communications Inc. net profit margin ratio improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |
Return on Equity (ROE)
Charter Communications Inc., ROE calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Net income attributable to Charter shareholders | 1,058) | 1,255) | 1,223) | 1,021) | 1,196) | 1,185) | 1,471) | 1,203) | 1,610) | 1,217) | 1,020) | 807) | 1,246) | 814) | 766) | 396) | 714) | 387) | 314) | 253) | ||||||
| Total Charter shareholders’ equity | 11,086) | 11,098) | 10,460) | 9,418) | 9,119) | 8,889) | 9,879) | 12,060) | 14,050) | 17,030) | 19,342) | 20,997) | 23,805) | 26,906) | 29,356) | 29,628) | 31,445) | 32,974) | 35,286) | 35,734) | ||||||
| Profitability Ratio | ||||||||||||||||||||||||||
| ROE1 | 41.11% | 42.30% | 44.22% | 51.74% | 55.43% | 61.53% | 55.68% | 41.87% | 33.12% | 25.19% | 20.10% | 17.30% | 13.53% | 10.00% | 7.71% | 6.11% | 5.30% | — | — | — | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| ROE, Competitors2 | ||||||||||||||||||||||||||
| Alphabet Inc. | 26.04% | 24.43% | 22.82% | 22.46% | 23.41% | 26.41% | 28.20% | 29.35% | 30.22% | 28.87% | 26.49% | 22.33% | 18.09% | 16.77% | 15.21% | 16.95% | 17.05% | — | — | — | ||||||
| Comcast Corp. | 18.61% | 18.34% | 7.74% | 6.86% | 6.63% | 6.73% | 15.35% | 15.18% | 14.73% | 15.12% | 13.13% | 12.66% | 11.66% | 11.97% | 13.77% | 14.29% | 15.78% | — | — | — | ||||||
| Meta Platforms Inc. | 25.53% | 20.81% | 16.82% | 17.18% | 18.45% | 23.23% | 26.74% | 30.30% | 31.53% | 30.22% | 28.18% | 25.24% | 22.72% | 21.47% | 21.30% | 19.90% | 18.29% | — | — | — | ||||||
| Netflix Inc. | 26.27% | 20.47% | 18.60% | 19.24% | 21.62% | 24.57% | 26.71% | 28.54% | 32.28% | 32.98% | 31.68% | 29.18% | 24.96% | 27.16% | 28.73% | 26.54% | 24.62% | — | — | — | ||||||
| Walt Disney Co. | 2.37% | 2.31% | 4.21% | 3.45% | 3.31% | 3.40% | 2.92% | 3.43% | 2.25% | 1.30% | -5.28% | -5.89% | -3.43% | -1.28% | 5.95% | 11.56% | 12.44% | 13.62% | 14.99% | 21.79% | ||||||
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
ROE = 100
× (Net income attributable to Charter shareholdersQ4 2023
+ Net income attributable to Charter shareholdersQ3 2023
+ Net income attributable to Charter shareholdersQ2 2023
+ Net income attributable to Charter shareholdersQ1 2023)
÷ Total Charter shareholders’ equity
= 100 × (1,058 + 1,255 + 1,223 + 1,021)
÷ 11,086 = 41.11%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Charter Communications Inc. ROE deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023. |
Return on Assets (ROA)
Charter Communications Inc., ROA calculation (quarterly data)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
| Net income attributable to Charter shareholders | 1,058) | 1,255) | 1,223) | 1,021) | 1,196) | 1,185) | 1,471) | 1,203) | 1,610) | 1,217) | 1,020) | 807) | 1,246) | 814) | 766) | 396) | 714) | 387) | 314) | 253) | ||||||
| Total assets | 147,193) | 146,682) | 145,615) | 144,870) | 144,523) | 143,669) | 143,258) | 143,948) | 142,491) | 142,495) | 144,026) | 143,439) | 144,206) | 144,193) | 145,136) | 146,552) | 148,188) | 145,267) | 146,085) | 147,257) | ||||||
| Profitability Ratio | ||||||||||||||||||||||||||
| ROA1 | 3.10% | 3.20% | 3.18% | 3.36% | 3.50% | 3.81% | 3.84% | 3.51% | 3.27% | 3.01% | 2.70% | 2.53% | 2.23% | 1.87% | 1.56% | 1.24% | 1.13% | — | — | — | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| ROA, Competitors2 | ||||||||||||||||||||||||||
| Alphabet Inc. | 18.34% | 16.82% | 15.91% | 15.86% | 16.42% | 18.70% | 20.28% | 20.87% | 21.16% | 20.33% | 18.76% | 15.70% | 12.60% | 11.93% | 11.32% | 12.63% | 12.45% | — | — | — | ||||||
| Comcast Corp. | 5.81% | 5.80% | 2.48% | 2.18% | 2.09% | 2.12% | 5.26% | 5.25% | 5.13% | 5.23% | 4.50% | 4.21% | 3.85% | 3.84% | 4.33% | 4.44% | 4.96% | — | — | — | ||||||
| Meta Platforms Inc. | 17.03% | 13.75% | 10.91% | 11.62% | 12.49% | 16.12% | 19.81% | 22.74% | 23.72% | 23.77% | 22.83% | 20.63% | 18.29% | 17.26% | 16.84% | 15.15% | 13.86% | — | — | — | ||||||
| Netflix Inc. | 11.10% | 9.14% | 8.36% | 8.49% | 9.24% | 10.61% | 10.99% | 11.05% | 11.48% | 11.82% | 10.72% | 9.37% | 7.03% | 7.27% | 7.21% | 6.37% | 5.49% | — | — | — | ||||||
| Walt Disney Co. | 1.15% | 1.11% | 2.01% | 1.64% | 1.54% | 1.54% | 1.31% | 1.52% | 0.98% | 0.56% | -2.25% | -2.45% | -1.42% | -0.53% | 2.61% | 5.16% | 5.70% | 5.88% | 6.29% | 10.97% | ||||||
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q4 2023 Calculation
ROA = 100
× (Net income attributable to Charter shareholdersQ4 2023
+ Net income attributable to Charter shareholdersQ3 2023
+ Net income attributable to Charter shareholdersQ2 2023
+ Net income attributable to Charter shareholdersQ1 2023)
÷ Total assets
= 100 × (1,058 + 1,255 + 1,223 + 1,021)
÷ 147,193 = 3.10%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Charter Communications Inc. ROA improved from Q2 2023 to Q3 2023 but then deteriorated significantly from Q3 2023 to Q4 2023. |