Charter Communications Inc (CHTR)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,557,000 | 5,055,000 | 4,654,000 | 3,222,000 | 1,668,000 |
| Revenue | US$ in thousands | 54,607,000 | 54,022,000 | 51,682,000 | 48,097,000 | 45,764,000 |
| Net profit margin | 8.35% | 9.36% | 9.01% | 6.70% | 3.64% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $4,557,000K ÷ $54,607,000K
= 8.35%
Charter Communications Inc.'s net profit margin has shown a fluctuating trend over the past five years. In 2023, the net profit margin decreased to 8.35% from 9.36% in 2022, marking a decline in profitability. However, when compared to the figures in 2021 and 2020, the net profit margin still remains relatively strong. The company's profitability has notably improved compared to 2019 when the net profit margin was significantly lower at 3.64%. Despite the dip from the previous year, Charter Communications Inc. continues to maintain a healthy level of profitability as indicated by the positive net profit margins in recent years. It is essential for the company to monitor and potentially improve its profit margins to ensure sustainable financial performance in the long term.
Peer comparison
Dec 31, 2023