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Dec 31, 2024

Charter Q4 2024 Earnings Report

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

Key Takeaways

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.

Total Revenue
$13.9B
Previous year: $13.7B
+1.6%
EPS
$10.1
Previous year: $7.07
+42.9%
Residential Customers
29.26M
Previous year: 29.9M
-2.2%
SMB Customers
2.22M
Previous year: 2.22M
-0.3%
Residential Internet
28.03M
Previous year: 28.54M
-1.8%
Gross Profit
$13.9B
Previous year: $9.07B
+53.5%
Cash and Equivalents
$459M
Previous year: $709M
-35.3%
Free Cash Flow
$984M
Previous year: $999M
-1.5%
Total Assets
$150B
Previous year: $147B
+1.9%

Charter

Charter

Charter Revenue by Segment

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.

Revenue & Expenses

Visualization of income flow from segment revenue to net income