Charter Communications Inc (CHTR)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Gross profit (ttm) US$ in thousands 49,859,000 49,204,000 49,015,000 48,991,000 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
Revenue (ttm) US$ in thousands 55,085,000 54,870,000 54,659,000 54,633,000 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
Gross profit margin 90.51% 89.67% 89.67% 89.67% 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%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $49,859,000K ÷ $55,085,000K
= 90.51%

Charter Communications Inc's gross profit margin has shown a generally increasing trend from March 2020 to September 2021, reaching a peak of 92.51%. This indicates the company was able to effectively control the costs of goods sold relative to its revenues during this period.

However, from December 2021 to March 2024, there was a slight decline in the gross profit margin, with fluctuations within the range of 89.63% to 92.89%. This suggests potential variability in the company's ability to maintain consistent profitability in the face of changing market conditions or cost pressures.

Overall, despite some fluctuations, Charter Communications Inc has historically maintained a healthy gross profit margin above 90%, demonstrating efficient cost management and a strong competitive position in the industry. The slight decline in recent periods may warrant further investigation to understand the underlying factors driving these fluctuations and assess the potential impact on the company's overall financial performance.


Peer comparison

Dec 31, 2024

Company name
Symbol
Gross profit margin
Charter Communications Inc
CHTR
90.51%
Cable One Inc
CABO
53.19%
Comcast Corp
CMCSA
87.60%
Warner Bros Discovery Inc
WBD
-10.44%

See also:

Charter Communications Inc Gross Profit Margin (Quarterly Data)