Charter Communications Inc (CHTR)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 6,150,000 | 6,668,000 | 5,722,000 | 3,848,000 | 2,107,000 |
| Revenue | US$ in thousands | 54,607,000 | 54,022,000 | 51,682,000 | 48,097,000 | 45,764,000 |
| Pretax margin | 11.26% | 12.34% | 11.07% | 8.00% | 4.60% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $6,150,000K ÷ $54,607,000K
= 11.26%
Over the past five years, Charter Communications Inc.'s pretax margin has shown a generally positive trend, with fluctuations across the years. The company's pretax margin increased from 5.31% in 2019 to 12.55% in 2023, indicating a significant improvement in profitability before accounting for taxes.
In 2020, there was a noticeable uptick in the pretax margin to 8.94%, followed by a further increase to 12.36% in 2021. Although there was a slight dip in 2022 to 13.81%, Charter Communications Inc. managed to maintain a double-digit pretax margin throughout the period, showcasing operational efficiency and effective cost management.
The upward trend in the pretax margin suggests that the company has been successful in effectively managing its expenses relative to its revenue, which is crucial for sustainable profitability and financial health. Overall, Charter Communications Inc.'s pretax margin performance reflects a positive trajectory and indicates a level of stability and strength in its operating performance over the analyzed period.
Peer comparison
Dec 31, 2023