NASDAQ$CHTR

Charter Communications Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Charter's Q4 2021 results were announced, showcasing customer and financial growth.

Charter Communications reported a 4.7% increase in revenue to $13.2 billion for Q4 2021, driven by growth in residential, mobile, and commercial revenues. The company added 120,000 total residential and SMB customer relationships and 190,000 total residential and SMB Internet customers. Net income attributable to Charter shareholders totaled $1.6 billion.

  • Total residential and SMB customer relationships increased by 120,000 in Q4 2021.
  • Total residential and SMB Internet customers increased by 190,000 in Q4 2021.
  • Total residential and SMB mobile lines increased by 380,000 in Q4 2021.
  • Q4 revenue grew by 4.7% year-over-year to $13.2 billion.

Headline financials

Total Revenue

$13.2B

Previous: $12.6B+4.7%
EPS (adj)

$8.93

Previous: $6.05+47.6%
Residential Customer Relationships

29.9M

Previous: 29.1M+2.9%
Small Business Customer Relationships

2.1M

Previous: 2.1M+4.5%
Residential Internet Customers

28.1M

Previous: 27.0M+4.1%
Small Business Internet Customers

2.0M

Previous: 1.9M+5.2%
Residential Video Customers

15.2M

Previous: 15.6M-2.7%
Small Business Video Customers

617.0K

Previous: 561.0K+10.0%
Residential Voice Customers

8.6M

Previous: 9.2M-6.4%
Small Business Voice Customers

1.3M

Previous: 1.2M+4.7%
Residential Mobile Lines

3.4M

Previous: 2.3M+48.6%
Monthly Residential Revenue per Customer

$114.14

Previous: $111.85+2.0%
Monthly Small Business Revenue per Customer

$164.59

Previous: $163.02+1.0%
Capital Expenditures

$2.07B

Previous: $2.06B+0.4%
Free Cash Flow

$2.29B

Previous: $2.08B+9.9%
Net Income

$1.61B

Previous: $1.25B+29.2%
Operating Income

$2.96B

Previous: $2.46B+20.1%
Gross Profit

$5.28B

Previous: $4.91B+7.6%
Cash & Equivalents

$601M

Previous: $998M-39.8%
Total Assets

$142B

Previous: $144B-1.2%
Stock-Based Comp

$98M

Previous: $88M+11.4%

Revenue & EPS history

Charter · Revenue · Quarterly

$13.2B

Q4 2021+4.7%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Charter · $13.2B total across 8 segments · Q4 2021

  • Internet
    $5.42B+11.6%
  • Video
    $4.41B-0.3%
  • Small business
    $1.05B+5.7%
  • Mid-market & large business
    $643M+3.2%
  • Mobile service
    $632M+47.7%
  • Advertising sales
    $448M-28.3%
  • Voice
    $396M-11.8%
  • Other
    $209M-5.9%

Forward guidance

Charter remains focused on driving customer growth by offering better services while saving customers money on their total communications spend, driving EBITDA growth, free cash flow growth and shareholder value in 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.3%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.4%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+19.7%

Q2 2024

Best reaction

-20.6%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-34.4%-40.0%
Q4 2025+9.1%+17.1%+22.5%
Q3 2025-3.8%-2.5%-13.3%
Q2 2025-2.2%-0.7%-2.1%
Q1 2025+11.4%+16.9%+21.2%
Q4 2024+2.6%+2.5%+8.0%
Q3 2024+14.7%+24.5%+21.2%
Q2 2024+19.7%+20.5%+10.6%
Q1 2024+0.3%+0.2%+4.8%
Q4 2023-20.6%-25.8%-23.3%
Q3 2023-5.3%-1.3%-1.4%
Q2 2023+1.0%+4.5%+3.9%
Q1 2023+6.9%+4.1%-3.6%
Q4 2022-4.7%-2.9%-8.7%
Q3 2022+3.5%-2.3%+9.8%
Q2 2022-2.1%+3.8%-2.3%
Q1 2022-6.3%-2.8%+10.5%
Q4 2021+5.8%+7.0%+7.2%
Q3 2021-4.9%-1.9%-4.7%
Q2 2021+5.1%+7.9%+13.1%
Q1 2021+1.1%+0.6%+3.7%
Q4 2020-8.5%-6.9%-6.3%
Q3 2020+2.2%+10.2%+11.6%
Q2 2020+4.7%+6.2%+9.3%
Q1 2020+4.1%+1.8%+9.8%
Q4 2019+7.9%+5.9%+0.0%
Q3 2019+7.4%+7.7%+7.7%
Q2 2019-2.9%-5.0%-4.9%
Q1 2019+0.0%+1.8%+2.2%
Q4 2018+17.6%+17.5%+19.5%
Q3 2018-4.4%+1.8%-1.7%
Q2 2018+2.6%+3.3%+5.2%
Q1 2018-9.0%-7.8%-9.4%
Q4 2017+0.4%-2.1%-10.4%
Q3 2017-7.3%-3.1%-4.6%
Q2 2017+6.2%+11.1%+11.5%
Q1 2017-5.7%-2.7%+0.7%
Q4 2016+0.4%-0.0%+0.2%
Q3 2016-1.1%+3.7%+5.4%
Q2 2016+7.3%+9.2%+13.4%
Q1 2016+2.8%
Q4 2015-4.5%
Q3 2015+3.7%
Q2 2015+0.7%
Q1 2015+0.2%
Q4 2014+6.3%
Q3 2014+4.7%
Q2 2014-5.9%
Q1 2014+5.5%
Q4 2013-6.3%
Q3 2013-5.0%
Q2 2013-0.4%
Q1 2013+4.8%
Q4 2012+8.1%
Q3 2012-4.8%
Q2 2012-2.0%
Q1 2012+8.6%
Q4 2011+0.2%
Q3 2011+4.9%
Q2 2011-3.6%
Q1 2010-1.8%
Q1 2011-1.8%
Q4 2010+6.7%
Q3 2010+10.0%
Q2 2010+0.0%

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