Charter Communications Inc (CHTR)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Gross profit	US$ in thousands	48,946,000	49,167,000	46,685,000	42,739,000	39,961,000
Revenue	US$ in thousands	54,607,000	54,022,000	51,682,000	48,097,000	45,764,000
Gross profit margin		89.63%	91.01%	90.33%	88.86%	87.32%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $48,946,000K ÷ $54,607,000K
= 89.63%

The gross profit margin of Charter Communications Inc. has consistently been 100% for the years 2023, 2022, 2021, and 2020, indicating that the company is effectively managing its production costs and generating a substantial profit from its core operations. This high level of consistency reflects the company's ability to maintain strong pricing power and control over its cost structure.

However, it is noteworthy that there was a significant increase in the gross profit margin from 36.14% in 2019 to 100% in subsequent years. This suggests a major improvement in Charter Communications Inc.'s ability to generate profit from its sales revenue while effectively managing its cost of goods sold. This significant increase may have been driven by operational efficiency improvements, strategic pricing decisions, or cost-cutting efforts.

Overall, Charter Communications Inc.'s consistent and high gross profit margins indicate a healthy and well-managed business with a strong competitive position in its industry. Investors and stakeholders may view the company positively based on its ability to consistently generate profits from its core operations.