NASDAQ$CHTR

Charter Communications Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Charter's Q4 2024 results were announced, showcasing revenue growth driven by mobile and advertising, alongside a decrease in internet customers and video customers.

Charter Communications reported a 1.6% year-over-year increase in revenue for Q4 2024, reaching $13.9 billion. This growth was primarily driven by residential mobile service and advertising revenue. However, the company experienced a decrease in total Internet and video customers during the quarter. Net income attributable to Charter shareholders totaled $1.5 billion.

  • Total Internet customers decreased by 177,000 in Q4 2024.
  • Total mobile lines increased by 529,000 in Q4 2024.
  • Q4 revenue grew by 1.6% year-over-year to $13.9 billion.
  • Net income attributable to Charter shareholders totaled $1.5 billion in Q4.

Headline financials

Total Revenue

$13.9B

Previous: $13.7B+1.6%
EPS (adj)

$10.10

Previous: $7.07+42.9%
Residential Customer Relationships

30.0M

No prior period
Small Business Customer Relationships

2.3M

No prior period
Residential Internet Customers

28.0M

No prior period
Small Business Internet Customers

2.0M

No prior period
Residential Video Customers

12.3M

No prior period
Small Business Video Customers

565.0K

No prior period
Residential Voice Customers

5.6M

No prior period
Small Business Voice Customers

1.2M

No prior period
Residential Mobile Lines

9.5M

No prior period
Monthly Residential Revenue per Customer

$118.65

No prior period
Monthly Small Business Revenue per Customer

$160.88

No prior period
Estimated Passings

56.9M

No prior period
Total Customer Relationships

32.2M

No prior period
Total Connectivity Customers

30.8M

No prior period
Total Internet Customers

30.1M

No prior period
Total Mobile Lines

9.9M

No prior period
Total Video Customers

12.9M

No prior period
Total Voice Customers

6.9M

No prior period
Mid-Market & Large Business PSUs

340.0K

No prior period
Capital Expenditures

-$3.06B

Previous: -$2.86B-7.2%
Net Income

$1.47B

Previous: $1.06B+38.6%
Operating Income

$3.39B

Previous: $3.27B+3.7%
Gross Profit

$13.9B

Previous: $9.07B+53.5%
Stock-Based Comp

$138M

Previous: $152M-9.2%

Revenue & EPS history

Charter · Revenue · Quarterly

$13.9B

Q4 2024+1.6%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Charter · $13.6B total across 8 segments · Q3 2023

  • Internet
    $5.78B+3.7%
  • Video
    $4B-8.6%
  • Small business
    $1.09B+0.3%
  • Mid-market & large business
    $698M+3.7%
  • Other
    $677M+203.6%
  • Mobile service
    $581M-22.5%
  • Advertising sales
    $384M-20.2%
  • Voice
    $379M-3.1%

Forward guidance

Charter expects full year 2025 capital expenditures to total approximately $12 billion, including line extensions capital expenditures of approximately $4.2 billion and network evolution spend of approximately $1.5 billion.

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 2024

Historical avgQ4 2024

+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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