Charter Communications Inc (CHTR)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 12,559,000 | 11,962,000 | 10,526,000 | 8,405,000 | 6,511,000 |
| Revenue | US$ in thousands | 54,607,000 | 54,022,000 | 51,682,000 | 48,097,000 | 45,764,000 |
| Operating profit margin | 23.00% | 22.14% | 20.37% | 17.48% | 14.23% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $12,559,000K ÷ $54,607,000K
= 23.00%
Charter Communications Inc.'s operating profit margin has shown a consistent upward trend over the past five years, reflecting an improvement in the company's profitability. From 14.15% in 2019, the operating profit margin has steadily increased to 22.90% in 2023. This indicates that the company is effectively controlling its operating expenses in relation to its revenue, resulting in a higher proportion of revenue translating into operating profit. The increment from 2022 to 2023 is marginal, suggesting that the company has been able to maintain its efficiency in managing costs. Overall, the trend in operating profit margin reflects positively on Charter Communications Inc.'s ability to generate profits from its core operations.
Peer comparison
Dec 31, 2023