Charter Communications Inc (CHTR)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 12,559,000 | 12,332,000 | 12,130,000 | 12,117,000 | 11,962,000 | 11,878,000 | 11,881,000 | 11,229,000 | 10,526,000 | 10,032,000 | 9,277,000 | 8,671,000 | 8,405,000 | 7,902,000 | 7,316,000 | 6,888,000 | 6,511,000 | 5,991,000 | 5,785,000 | 5,604,000 |
| Total assets | US$ in thousands | 147,193,000 | 146,682,000 | 145,615,000 | 144,870,000 | 144,523,000 | 143,669,000 | 143,258,000 | 143,948,000 | 142,491,000 | 142,495,000 | 144,026,000 | 143,439,000 | 144,206,000 | 144,193,000 | 145,136,000 | 146,552,000 | 148,188,000 | 145,267,000 | 146,085,000 | 147,257,000 |
| Operating ROA | 8.53% | 8.41% | 8.33% | 8.36% | 8.28% | 8.27% | 8.29% | 7.80% | 7.39% | 7.04% | 6.44% | 6.05% | 5.83% | 5.48% | 5.04% | 4.70% | 4.39% | 4.12% | 3.96% | 3.81% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $12,559,000K ÷ $147,193,000K
= 8.53%
The operating return on assets (operating ROA) of Charter Communications Inc. has shown a consistent positive trend over the past eight quarters. The operating ROA increased from 7.82% in Q1 2022 to 8.56% in Q1 2023, peaking at 8.56% in Q1 2023. This indicates that the company is effectively generating operating income relative to its total assets. The steady improvement in operating ROA suggests that Charter Communications Inc. has been managing its assets efficiently and effectively utilizing them to generate operating profits. Overall, the increasing trend in operating ROA reflects positively on the company's operational performance and asset utilization.
Peer comparison
Dec 31, 2023