Charter Communications Inc (CHTR)

Gross profit margin

		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
Gross profit (ttm)	US$ in thousands	48,946,000	49,039,000	49,316,000	49,424,000	49,167,000	49,752,000	48,833,000	47,687,000	46,658,000	47,266,000	46,006,000	44,867,000	44,036,000	43,173,000	42,641,000	42,015,000	41,448,000	40,918,000	40,497,000	40,104,000
Revenue (ttm)	US$ in thousands	54,607,000	54,570,000	54,536,000	54,475,000	54,022,000	53,560,000	53,156,000	52,360,000	51,682,000	51,094,000	49,987,000	48,881,000	48,097,000	47,234,000	46,645,000	46,296,000	45,764,000	45,234,000	44,676,000	44,183,000
Gross profit margin		89.63%	89.86%	90.43%	90.73%	91.01%	92.89%	91.87%	91.08%	90.28%	92.51%	92.04%	91.79%	91.56%	91.40%	91.42%	90.75%	90.57%	90.46%	90.65%	90.77%

December 31, 2023 calculation

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

Based on the data provided, Charter Communications Inc. has consistently maintained a gross profit margin of 100% across all quarters from Q1 2022 to Q4 2023. This indicates that the company is effectively controlling its direct costs associated with production or service delivery. Achieving a gross profit margin of 100% suggests that Charter Communications Inc. is effectively managing its cost of goods sold, resulting in a full recovery of all production costs and generating a profit on each unit sold. This consistent performance in maintaining a high gross profit margin reflects positively on the company's operational efficiency and pricing strategies.