Charter Communications Inc (CHTR)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 49,859,000 | 48,946,000 | 49,167,000 | 46,685,000 | 42,739,000 |
| Revenue | US$ in thousands | 55,085,000 | 54,607,000 | 54,022,000 | 51,682,000 | 48,097,000 |
| Gross profit margin | 90.51% | 89.63% | 91.01% | 90.33% | 88.86% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $49,859,000K ÷ $55,085,000K
= 90.51%
The gross profit margin of Charter Communications Inc has shown a positive trend over the past five years, starting from 88.86% on December 31, 2020, and steadily increasing to 90.51% by December 31, 2024. This indicates that the company has been able to effectively manage its cost of sales relative to its revenue, resulting in a higher proportion of revenue retained as gross profit. The consistent improvement in gross profit margin suggests efficient operations and pricing strategies, which may contribute to overall financial stability and profitability for Charter Communications Inc.
Peer comparison
Dec 31, 2024