Charter Communications Inc (CHTR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 5,083,000 | 4,557,000 | 5,055,000 | 4,654,000 | 3,222,000 |
| Total assets | US$ in thousands | 150,020,000 | 147,193,000 | 144,523,000 | 142,491,000 | 144,206,000 |
| ROA | 3.39% | 3.10% | 3.50% | 3.27% | 2.23% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $5,083,000K ÷ $150,020,000K
= 3.39%
Charter Communications Inc's return on assets (ROA) has shown a positive trend over the years, indicating an improvement in the company's ability to generate profits relative to its total assets. The ROA increased from 2.23% as of December 31, 2020, to 3.27% as of December 31, 2021, and further to 3.50% as of December 31, 2022. However, there was a slight dip in ROA to 3.10% as of December 31, 2023, before picking up again to 3.39% as of December 31, 2024. Overall, the upward trajectory in ROA suggests that Charter Communications Inc has been effectively utilizing its assets to generate returns for its shareholders, demonstrating a positive financial performance.
Peer comparison
Dec 31, 2024