Explain this page
Arphra AIPlain-English read on Charter Communications, Inc.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Headline | |||||||||
| Market cap | — | — | — | — | — | — | — | — | — |
| Enterprise value | — | — | — | — | — | — | — | — | — |
| Multiples | |||||||||
| P / E | — | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — |
| Yields | |||||||||
| Earnings yield | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | — | — | — | — | — | — | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Margins | |||||||||
| Gross margin | +39.87% | +43.36% | +38.95% | +45.97% | +46.32% | +44.46% | +44.34% | +44.13% | +44.01% |
| Operating margin | +21.00% | +22.66% | +22.90% | +24.04% | +24.33% | +23.13% | +24.00% | +23.67% | +23.52% |
| EBITDA margin | +38.25% | +38.73% | +37.98% | +38.86% | +38.72% | +39.55% | +38.68% | +39.20% | +37.66% |
| EBIT margin | +20.17% | +22.25% | +22.05% | +23.11% | +22.82% | +22.39% | +23.24% | +23.33% | +22.35% |
| Pre-tax margin | +12.36% | +13.81% | +12.55% | +13.62% | +13.62% | +13.54% | +13.17% | +13.33% | +13.58% |
| Net margin | +9.01% | +9.36% | +8.35% | +9.23% | +9.10% | +9.09% | +8.90% | +8.72% | +8.96% |
| Cost structure | |||||||||
| Cost of revenue / sales | +60.13% | +56.64% | +61.05% | +54.03% | +53.68% | +56.71% | +57.48% | +55.75% | +57.94% |
| R&D intensity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| SG&A intensity | +18.87% | +20.70% | +16.05% | +21.93% | +22.00% | +20.03% | +20.47% | +20.05% | +20.23% |
| Effective tax rate | +16.72% | +21.62% | +23.24% | +21.98% | +22.69% | +21.61% | +23.26% | +22.04% | +22.32% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| Return on equity (ROE) | +25.63% | +40.28% | +30.96% | +25.79% | +24.30% | +27.09% | +27.04% | +26.63% | +26.57% |
| Return on assets (ROA) | +3.27% | +3.50% | +3.10% | +3.39% | +3.23% | +3.30% | +3.25% | +3.26% | +3.32% |
| Return on capital (ROC) | +9.87% | +11.08% | +11.08% | +11.47% | +11.33% | +10.82% | +11.30% | +11.33% | +10.93% |
| Return on invested capital (ROIC) | +4.23% | +4.58% | +4.04% | +4.40% | +4.24% | +4.25% | +4.19% | +4.18% | +4.16% |
| Asset turnover | +36.27% | +37.38% | +37.10% | +36.72% | +35.52% | +36.28% | +36.47% | +37.33% | +37.10% |
| DuPont · ROE decomposition | |||||||||
| Net margin | +9.01% | +9.36% | +8.35% | +9.23% | +9.10% | +9.09% | +8.90% | +8.72% | +8.96% |
| Asset turnover (× revenue / assets) | +36.27% | +37.38% | +37.10% | +36.72% | +35.52% | +36.28% | +36.47% | +37.33% | +37.10% |
| Equity multiplier (× assets / equity) | +784.81% | +1151.67% | +1000.09% | +761.25% | +751.56% | +821.76% | +833.16% | +818.03% | +799.65% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Asset turnover | 0.36 | 0.37 | 0.37 | 0.37 | 0.36 | 0.36 | 0.36 | 0.37 | 0.37 |
| Fixed-asset turnover | 1.51 | 1.50 | 1.38 | 1.28 | 1.18 | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — |
| Receivables turnover | 20.04 | 18.49 | 18.42 | 17.79 | 14.88 | — | — | — | — |
| Payables turnover | 42.92 | 32.14 | 35.81 | 33.82 | 28.44 | — | — | — | — |
| Days outstanding | |||||||||
| Days sales outstanding (DSO) | 18.21 | 19.74 | 19.82 | 20.52 | 24.52 | — | — | — | — |
| Days inventory outstanding (DIO) | — | — | — | — | — | — | — | — | — |
| Days payables outstanding (DPO) | 8.50 | 11.36 | 10.19 | 10.79 | 12.84 | — | — | — | — |
| Cash conversion cycle | 9.71 | 8.38 | 9.62 | 9.73 | 11.69 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 3.49 | 2.95 | 3.17 | 2.84 | 3.22 | 3.05 | 3.12 | 3.10 | 3.05 |
| FCF / Net income | 1.87 | 1.21 | 0.77 | 0.62 | 0.89 | 0.72 | 0.78 | 0.78 | 0.76 |
| FCF margin | +16.80% | +11.30% | +6.39% | +5.74% | +8.07% | +6.56% | +6.93% | +6.81% | +6.80% |
| OCF margin | +31.42% | +27.63% | +26.43% | +26.20% | +29.35% | +27.70% | +27.73% | +27.00% | +27.28% |
| CapEx / Revenue | +14.62% | +16.33% | +20.04% | +20.46% | +21.29% | +20.05% | +20.06% | +20.92% | +20.04% |
| CapEx / D&A | 0.81 | 0.99 | 1.26 | 1.30 | 1.34 | — | — | — | — |
| Stock-based comp / Revenue | +0.83% | +0.87% | +1.27% | +1.18% | +1.23% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 24.47 | 30.74 | 29.99 | 34.97 | 36.21 | 41.17 | 45.12 | 53.64 | 53.22 |
| EPS · basic | 25.34 | 31.30 | 30.54 | 35.53 | 36.90 | 41.61 | 45.36 | 55.07 | 53.43 |
| Book value / share | 94.05 | 76.32 | 96.85 | 135.57 | 148.96 | 131.23 | 128.02 | 128.59 | 134.59 |
| Tangible BV / share | -428.98 | -529.99 | -553.35 | -539.36 | -559.75 | 131.23 | 128.02 | 128.59 | 134.59 |
| Sales / share | 267.72 | 328.53 | 359.34 | 378.95 | 397.65 | 391.22 | 389.02 | 392.64 | 399.31 |
| Operating CF / share | 84.12 | 90.77 | 94.98 | 99.27 | 116.72 | 108.36 | 107.89 | 106.03 | 108.92 |
| Free cash flow / share | 44.98 | 37.11 | 22.97 | 21.75 | 32.07 | 25.65 | 26.97 | 26.74 | 27.14 |
| Dividends / share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payout ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Retention ratio | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% | +100.00% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E | 8y CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Top-line | ||||||||||
| Revenue · YoY | — | +4.53% | +1.08% | +0.88% | -0.56% | -0.83% | -0.70% | +0.44% | +1.17% | +0.74% |
| Gross profit · YoY | — | +13.68% | -9.19% | +19.06% | +0.19% | -4.81% | -0.98% | -0.03% | +0.89% | +1.99% |
| Profit | ||||||||||
| Operating income · YoY | — | +12.79% | +2.15% | +5.91% | +0.60% | -5.69% | +3.05% | -0.98% | +0.55% | +2.17% |
| EBITDA · YoY | — | +5.82% | -0.87% | +3.21% | -0.90% | +1.28% | -2.88% | +1.78% | -2.79% | +0.54% |
| Net income · YoY | — | +8.62% | -9.85% | +11.54% | -1.89% | -1.03% | -2.74% | -1.57% | +3.90% | +0.67% |
| Operating | ||||||||||
| EBIT · YoY | — | +15.28% | +0.20% | +5.72% | -1.81% | -2.69% | +3.07% | +0.81% | -3.09% | +2.03% |
| R&D · YoY | — | — | — | — | — | — | — | — | — | — |
| Per-share | ||||||||||
| EPS · diluted · YoY | — | +25.62% | -2.44% | +16.61% | +3.55% | +13.69% | +9.61% | +18.88% | -0.79% | +10.20% |
| EPS · basic · YoY | — | +23.52% | -2.43% | +16.34% | +3.86% | +12.77% | +9.00% | +21.41% | -2.99% | +9.77% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Leverage | |||||||||
| Total debt | $91.83B | $97.9B | $98.2B | $95.76B | $97.12B | $97.95B | $96.87B | $95.4B | $99.44B |
| Net debt | $91.23B | $97.25B | $97.49B | $95.3B | $96.64B | $97.42B | $96.34B | $94.85B | $98.9B |
| Net debt / EBITDA | 4.61 | 4.65 | 4.70 | 4.45 | 4.56 | 4.53 | 4.62 | 4.47 | 4.79 |
| Debt / equity | 5.06 | 7.80 | 6.67 | 4.86 | 4.73 | 5.38 | 5.46 | 5.38 | 5.38 |
| Debt / assets | +64.45% | +67.74% | +66.72% | +63.83% | +62.98% | +65.42% | +65.50% | +65.73% | +67.31% |
| Equity / assets | +12.74% | +8.68% | +10.00% | +13.14% | +13.31% | +12.17% | +12.00% | +12.22% | +12.51% |
| Coverage | |||||||||
| EBITDA / interest expense | 4.90 | 4.59 | 4.00 | 4.09 | 4.21 | 4.24 | 4.15 | 4.10 | 3.95 |
| Operating income / interest | 2.69 | 2.69 | 2.41 | 2.53 | 2.64 | 2.48 | 2.58 | 2.47 | 2.46 |
| Interest expense | $4.04B | $4.56B | $5.19B | $5.23B | $5.04B | $5.06B | $5.02B | $5.18B | $5.23B |
| Liquidity | |||||||||
| Current ratio | 0.29 | 0.33 | 0.31 | 0.31 | 0.39 | — | — | — | — |
| Quick ratio | 0.26 | 0.30 | 0.28 | 0.26 | 0.31 | — | — | — | — |
| Cash ratio | 0.05 | 0.05 | 0.05 | 0.03 | 0.04 | — | — | — | — |
| Working capital | -$8.89B | -$8.05B | -$9.08B | -$9.25B | -$8.16B | — | — | — | — |
| Working capital / revenue | -17.21% | -14.90% | -16.63% | -16.80% | -14.90% | — | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).