Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Charter Communications

CHTR stock analysis · Communication Services · Cable & Satellite

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$142.21HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$17B

Charter parent common capitalization: 119,277,492 external Class A shares plus one Class B share. Listed Class A price is an economic-common proxy for the unlisted Class B share; its voting rights are not separately valued. Subsidiary common units are separate minority claims.. Shares measured 2026-06-30. Approximate; share and price dates can differ. Class A reconciles 129,602,238 issued less 10,324,746 treasury. 2025 annual Note 11 states A and B identical except voting, transfer and conversion rights. A/N subsidiary units are excluded from the parent share denominator and represented in the separate total minority carrying-value claim. Cox and Liberty Broadband transactions remained pending in the June 2026 filing; their proposed shares and preferred units are not added.

View share-count filing ↗ · Share-class review ↗
Minority-owner claim proxy. DCF and its sensitivity table deduct USD 4.949B of minority-owner carrying value at 2026-06-30. Reverse DCF includes this claim. This is a book-value proxy, not an estimate of fair value. FCF yield remains consolidated FCF divided by parent common capitalization.
Ownership scope and model limitations

June 30 total subsidiary minority equity carrying value, including A/N Charter Holdings common units and other minorities, is subtracted as a claim proxy in cash-flow valuation. It is not fair value. Complete balance sheet: liabilities $133.717bn plus parent equity $16.952bn plus noncontrolling equity $4.949bn = assets $155.618bn. No additional temporary/redeemable-equity balance is presented. Parent preferred stock explicitly has no issued/outstanding shares. Future Cox and Liberty Broadband preferred issues are pending and excluded.

Charter's operating cash flow includes subsidiaries partly owned by A/N and other minority holders. DCF uses total minority book value as a disclosed claim proxy. FCF yield remains a consolidated ownership proxy; neither minority book value nor distributions are silently treated as a reviewed annual cash-flow allocation.

Read the filing ↗
Valuation

DCF value

$521.09

Equity cash-flow scenario · Reviewed issuer-equivalent shares at 2026-06-30 · 266.4% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

-19.8%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

382.2%

13 sector peers · median 16.4×

How this is calculated ↗
Valuation

Historical multiples

Requires three annual historical market caps and eligible filed earnings.

Requires three annual historical market caps and eligible filed earnings.

How this is calculated ↗
Valuation

Free cash flow yield

26.0%

Consolidated FCF ÷ parent capitalization · ownership proxy; see claim note

How this is calculated ↗
Quality

ROIC / quality

8.9%

Normalized tax · financing-capital proxy · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

95/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

2.8%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

-6.8%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

0.8%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 16.2B2020-12-31: cfo $14,562,000,000.002020-12-31: capex $7,415,000,000.0020202021-12-31: cfo $16,239,000,000.002021-12-31: capex $7,635,000,000.0020212022-12-31: cfo $14,925,000,000.002022-12-31: capex $9,376,000,000.0020222023-12-31: cfo $14,433,000,000.002023-12-31: capex $11,115,000,000.0020232024-12-31: cfo $14,430,000,000.002024-12-31: capex $11,269,000,000.0020242025-12-31: cfo $16,077,000,000.002025-12-31: capex $11,659,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$664.14$728.43$797.54
10.0%$475.59$521.09$569.94
12.0%$366.45$401.16$438.38

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3154.8B5.8B16.1B11.7B154.2B
2024-12-3155.1B5.9B14.4B11.3B150B
2023-12-3154.6B5.3B14.4B11.1B147.2B
2022-12-311.1B5.8B14.9B9.4B144.5B
2021-12-311.1B5.3B16.2B7.6B142.5B
2020-12-311.1B3.7B14.6B7.4B144.2B
2019-12-3145.8B2B11.7B7.2B148.2B
2018-12-3143.6B1.5B11.8B9.1B146.1B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue54.8BRevenues
Reviewed fiscal 2023–2025 consolidated statement revenues. The customer-contract including-tax tag is a governmental-fee disclosure ($889m in 2025), not total revenue ($54,774m).
2026-01-30
netIncome5.8BProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-01-30
Parent/common earnings proxy5BNetIncomeLoss2026-01-30
cfo16.1BNetCashProvidedByUsedInOperatingActivities2026-01-30
capex11.7BPaymentsToAcquirePropertyPlantAndEquipment2026-01-30
operatingIncome12.9BOperatingIncomeLoss2026-01-30
assets154.2BAssets2026-01-30
equity20.5BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-01-30
Parent book equity proxy16.1BStockholdersEquity2026-01-30
debt94.8BLongTermDebt2026-01-30
shortDebtNot reported under a supported tag
cash477MCashAndCashEquivalentsAtCarryingValue2026-01-30
shares137.7MWeightedAverageNumberOfDilutedSharesOutstanding2026-01-30
dividendsNot reported under a supported tag
buybacks5.1BPaymentsForRepurchaseOfCommonStock2026-01-30
issuance20MReviewed manual correction
Bounded FY2025-12-31 consolidated financing-statement extraction. Proceeds from exercise of stock options: 20000000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 9 financing lines reconcile exactly to reported financing cash flow -4365000000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: the statement also aggregates other financing cash flows (net 208000000 USD). Their common-equity portion is not separately disclosed here. Issuance is the sum of separately reported common cash-issuance lines, not an independently verified gross total; additional equity flows may be inside those aggregates.
2026-01-30