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XStocksXray
Research report · 16 October 2026

Charter Communications, Inc. (CHTR)

Communication Services · Cable & Satellite · US stock · price as of 16 Oct 2026

Key indicators

Price$110.11
52-week range$101.63 – $265.79
Market cap$13.4B
P/E (trailing)2.9×
EV / EBITDA5.0×
Free-cash-flow yield32.6%
Dividend yield–
Revenue (last 12 months)$54.4B
Revenue growth (3y a year)0.5%
Operating margin23.3%
Return on invested capital8.8%
Net debt / EBITDA4.4×

Fair value

Blended fair value$1,087.92 range $961 – $1,296
Versus priceData under review+0% to fair value
Peer multiples$902.00
Fundamentals-adjusted multiple$1,217.17
10-year DCF (market-scaled)$1,144.60
Earnings power value (floor, not blended)$416.93
Model uncertaintyMedium

X-Ray Score

56/ 100 · High confidence · ahead of 67% of sector peers
Valuation95
Growth16
Profitability64
Financial health35
Dividends–

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

30.863656991,0341,368Fair value $1,0882021-102023-012024-042025-072026-10

Executive summary

Charter Communications is a large cable operator in the United States that sells internet, television, mobile and phone services under the Spectrum brand. It also provides connectivity and managed services to businesses and earns advertising income through its local media unit. Most revenue comes from monthly subscription fees from residential and commercial customers, and the business requires heavy ongoing spending to maintain and upgrade its network.

The company reported revenue of $54.4 billion over the last twelve months. Revenue growth over three years averaged 0.5% a year. Operating margin is 23.3% and return on invested capital is 9%. Net debt to EBITDA is 4.4 times. It does not pay a dividend. These figures describe past results as reported and are a factual snapshot, not a forecast. Some measures, such as margins for real estate trusts and banks, are defined differently from those of industrial firms, so comparisons should be made with care.

StocksXray gives Charter Communications, Inc. an X-Ray Score of 56 out of 100 (high confidence), ahead of 67% of the S&P 500 stocks in its sector. Its strongest lens is valuation (95) and its weakest is growth (16).

Our fair value blend is $1,087.92 (range $960.70 to $1,296.10). At $110.11 the stock trades 90% below that blend, so the label is "Data under review" with medium model uncertainty. Fair value is a range, not a price target.

stocksxray.com · page 1
XStocksXray
Charter Communications, Inc. (CHTR)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

FY2021FY2022FY2023FY2024FY2025Now
Price$651.97$339.10$388.68$342.77$208.75$110.11
Market cap$125.9B$55.8B$59.1B$49.8B$28.8B$13.4B
P/E26.6×11.0×13.0×9.8×5.8×2.9×
EV / revenue4.3×2.9×2.9×2.7×2.3×2.1×
EV / EBITDA11.1×7.5×7.5×6.8×5.9×5.2×
Price / free cash flow14.6×10.0×17.8×15.8×6.5×3.1×
Free-cash-flow yield6.8%10.0%5.6%6.3%15.4%32.6%
Price / book9.0×6.1×5.3×3.2×1.8×0.8×
Dividend yield––––––

Fundamentals checklist ● 5 Good · ● 3 Average · ● 7 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−7.4%Average
Free-cash-flow yield32.6%Good

Risk models

Altman Z score0.2×Bad
Piotroski F-Score6 of 9Average

Growth

EPS growth (3y)5.6%Bad
Free-cash-flow growth (3y)−7.3%Bad
Revenue growth (3y)0.5%Bad
Growth consistency60%Bad

Balance sheet

Current ratio0.4×Bad
Net debt / EBITDA4.4×Bad
Interest coverno interest costGood

Valuation

Fair value vs price9.9×Good
EBIT / EV yield11.3%Good

Profitability

Return on invested capital8.8%Average
Operating margin23.3%Good
stocksxray.com · page 2
XStocksXray
Charter Communications, Inc. (CHTR)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statementFY21FY22FY23FY24FY25LTM
Revenue51,68254,02254,60755,08554,77454,396
Gross profit––––––
Operating income10,52611,96212,55913,11812,90812,663
Net income4,6545,0554,5575,0834,9874,924
Diluted EPS ($)24.4730.7429.9934.9736.2137.71
Free cash flow8,6045,5493,3183,1614,4184,358
Gross margin––––––
Operating margin20.4%22.1%23.0%23.8%23.6%23.3%
Net margin9.0%9.4%8.3%9.2%9.1%9.1%
Balance sheetFY21FY22FY23FY24FY25LTM
Total assets142,491144,523147,193150,020154,213155,618
Cash601645709459477509
Total debt91,56197,60397,77793,93394,75693,959
Equity14,0509,11911,08615,58716,05416,952
Dividend per share ($)––––––

Revenue and net income US$ billions: navy revenue, teal net income

FY21FY22FY23FY24FY25

Margins blue gross, teal operating, brown net

0%8%16%24%FY21FY22FY23FY24FY25

Latest quarters

Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ($M)13,73513,76613,67213,60113,59713,526
Growth vs a year earlier+0.4%+0.6%−0.9%−2.3%−1.0%−1.7%
Net income ($M)1,2171,3011,1371,3321,1631,292
Diluted EPS ($)8.429.188.34–9.1710.66
stocksxray.com · page 3
XStocksXray
Charter Communications, Inc. (CHTR)

Peers in Cable & Satellite

CompanyX-Ray
CHTR · Charter Communications, In...56
CCZ · Comcast Corp50

Market Compass outlook for Communication Services: Favourable (76/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week+6.5%
1 month−17.4%
3 months−14.7%
6 months−53.5%
1 year−58.4%
3 years−75.5%
5 years−84.4%

Technical summary

DailyBearish2 bullish · 4 neutral · 10 bearish
WeeklyStrongly bearish0 bullish · 1 neutral · 11 bearish
MonthlyStrongly bearish1 bullish · 0 neutral · 7 bearish
50-day / 200-day average$132.98 / $169.86
52-week low / high$101.63 / $265.79
Classic pivot, support and resistanceS2 106.38 · S1 108.25 · P – · R1 112.23 · R2 114.34
stocksxray.com · page 4
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Charter Communications, Inc. (CHTR)

Strengths

  • Operating margin of 23.3% is ahead of 69% of its sector peers.
  • Free-cash-flow yield of 32.6% is ahead of 96% of its sector peers.
  • Interest cover of no interest cost is ahead of 78% of its sector peers.
  • Piotroski F-Score of 6 out of 9: most of the nine accounting health tests pass.

Risks and weak spots

  • Altman Z score is weak against Communication Services peers (0.2×).
  • EPS growth (3y) is weak against Communication Services peers (5.6%).
  • Free-cash-flow growth (3y) is weak against Communication Services peers (−7.3%).
  • Revenue growth (3y) is weak against Communication Services peers (0.5%).
  • Growth consistency is weak against Communication Services peers (60%).
  • Current ratio is weak against Communication Services peers (0.4×).
  • Net debt / EBITDA is weak against Communication Services peers (4.4×).
  • The Altman Z score of 0.2× is in the distress zone.

Latest SEC filings

DateFormItems
13 Oct 20268-K5.02,9.01
15 Sep 20268-K7.01,9.01
31 Aug 20268-K5.02,7.01,9.01
26 Aug 20268-K1.01,2.03,9.01
24 Aug 20268-K1.01,2.03,9.01
20 Aug 20268-K1.01,2.01,3.02,3.03,5.02,5.03,7.01,9.01
18 Aug 20268-K1.01,2.03,7.01,9.01
12 Aug 20268-K1.01,2.03,9.01

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.

stocksxray.com · page 5 · generated 19 Oct 2026