Recent News
On February 27, 2026 the FCC’s Wireline Competition Bureau approved Charter’s combination with Cox, removing a major regulatory hurdle. On January 13, 2026 Charter completed a $3.0 billion senior unsecured notes offering to fund operations and the integration. Charter announced acquisition of NECN assets and plans to merge them into Spectrum News NECN in early February 2026. Management launched an Intelligence Ventures unit and rolled out a Multiview feature for the Spectrum TV app in March 2026. Charter’s CFO signaled confidence in broadband growth and projected capex falling below $8.0 billion by 2028 while highlighting integration cost efficiencies.
Technical Analysis
ADX at 10.21 indicates no established trend; directional conviction remains low, which aligns with a consolidation bias unless momentum accelerates. Keeping that low ADX in mind, mixed directional indicators suggest short-term range trading rather than a clear breakout.
DI+ shows a peak-and-reverse pattern (DI+ = 18.49), a bearish signal under the directional rules, while DI− also shows a peak-and-reverse (DI− = 19.36), which reads bullish. The simultaneous peak-and-reverse readings create offsetting directional signals and reinforce the ADX reading of weak trend strength.
MACD sits negative at −0.61 but has turned higher and crossed above the signal line (MACD signal −0.95), producing a bullish momentum signal; this implies recent momentum favors upside continuation if the MACD remains above the signal line.
MRO equals −25.65 with a dip-and-reversal pattern, indicating the price trades below the model target and that upside pressure exists as the oscillator corrects. That internal price-target gap supports potential mean reversion toward valuation-implied levels.
RSI at 50.16 with a dip-and-reversal pattern reads neutral-to-constructive; the indicator no longer shows oversold conditions and leaves room for a measured rally without immediate overbought risk.
Price trades above the 20-day ($217.22) and 50-day ($221.81) averages but remains below the 200-day average ($253.08). The 12-day EMA has shown a dip-and-reversal while the 26-day EMA sits near $220.01, leaving short-term moving averages supportive of price, with the 200-day average acting as the longer-term resistance level to clear for sustained upside. Price also sits slightly above the 1× Bollinger upper band ($221.60), indicating near-term stretch from the short-term mean but not extreme relative to the 2× band ($225.99).
Fundamental Analysis
Profitability: EBIT equals $3,231,000,000 and EBIT margin stands at 23.76%, above the industry peer mean of 9.06% and the industry peer median of 10.17%, and below the industry peer high of 31.65%. Operating margin matches this strength (24.66%). The margin profile offers valuation support versus peers.
Revenue and earnings: Total revenue reached $13,601,000,000 with reported revenue growth at −0.52% (latest period). Reported revenue growth year-over-year shows −154.63% per the supplied figure; the quarter-to-quarter metric shows a notable contraction. EPS came in at $10.42 versus an estimate of $9.73, producing an EPS surprise of 7.09%, and forward EPS equals $11.83 with a forward P/E of 18.27.
Cash flow and capital spending: Operating cash flow totaled $3,761,000,000 while free cash flow equaled $426,000,000, yielding a free cash flow yield of 1.59%, below the industry peer mean free cash flow yield of 1.83%. Capital expenditures totaled −$3,335,000,000, equivalent to roughly 24.52% of revenue on the capex-to-revenue metric, reflecting continued network investment.
Leverage and coverage: Net debt equals $96,644,000,000, total debt about $97,121,000,000, and enterprise value near $123,470,406,336. Debt-to-EBITDA sits at 17.9× and debt-to-equity at 6.05×; interest coverage measures 2.54×. High leverage materially increases risk and limits the margin of safety despite above-mean margins.
Returns and efficiency: Return on equity equals 8.30% and return on assets 0.87%, with asset turnover of 8.86%, below the industry peer mean asset turnover of 14.66%. Gross margin at 56.97% ranks near the industry peer mean of 58.36%. Working capital ratios remain tight: current ratio 0.39 versus an industry peer mean of 1.41.
Valuation: WMDST values the stock as under-valued. Supporting factors include above-mean EBIT margins, an EPS beat with positive forward EPS, and a forward P/E below the reported trailing P/E. Offsetting risks include heavy leverage, modest free cash flow yield, and negative free cash flow growth trends. The current enterprise multiple stands near 22.76×, and the market capitalization equals $26.83 billion versus enterprise value roughly $123.47 billion, reflecting the capital structure impact on equity valuation.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-01-30 |
| NEXT REPORT DATE: | 2026-05-01 |
| CASH FLOW | Begin Period Cash Flow | $ 521.0 M |
| Operating Cash Flow | $ 3.8 B | |
| Capital Expenditures | $ -3.33 B | |
| Change In Working Capital | $ -410.00 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 77.0 M | |
| End Period Cash Flow | $ 598.0 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 13.6 B | |
| Forward Revenue | $ 3.8 B | |
| COSTS | ||
| Cost Of Revenue | $ 5.9 B | |
| Depreciation | $ 2.2 B | |
| Depreciation and Amortization | $ 2.2 B | |
| Research and Development | — | |
| Total Operating Expenses | $ 10.2 B | |
| PROFITABILITY | ||
| Gross Profit | $ 7.7 B | |
| EBITDA | $ 5.4 B | |
| EBIT | $ 3.2 B | |
| Operating Income | $ 3.4 B | |
| Interest Income | — | |
| Interest Expense | $ 1.3 B | |
| Net Interest Income | $ -1.27 B | |
| Income Before Tax | $ 2.0 B | |
| Tax Provision | $ 415.0 M | |
| Tax Rate | 21.163 % | |
| Net Income | $ 1.3 B | |
| Net Income From Continuing Operations | $ 1.5 B | |
| EARNINGS | ||
| EPS Estimate | $ 9.73 | |
| EPS Actual | $ 10.42 | |
| EPS Difference | $ 0.69 | |
| EPS Surprise | 7.091 % | |
| Forward EPS | $ 11.83 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 154.2 B | |
| Intangible Assets | $ 97.6 B | |
| Net Tangible Assets | $ -81.57 B | |
| Total Current Assets | $ 5.1 B | |
| Cash and Short-Term Investments | $ 477.0 M | |
| Cash | $ 477.0 M | |
| Net Receivables | $ 3.7 B | |
| Inventory | — | |
| Long-Term Investments | $ 5.0 B | |
| LIABILITIES | ||
| Accounts Payable | $ 1.0 B | |
| Short-Term Debt | $ 1.7 B | |
| Total Current Liabilities | $ 13.3 B | |
| Net Debt | $ 96.6 B | |
| Total Debt | $ 97.1 B | |
| Total Liabilities | $ 133.7 B | |
| EQUITY | ||
| Total Equity | $ 16.1 B | |
| Retained Earnings | $ -5.39 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 126.78 | |
| Shares Outstanding | 126.632 M | |
| Revenue Per-Share | $ 107.41 | |
| VALUATION | Market Capitalization | $ 26.8 B |
| Enterprise Value | $ 123.5 B | |
| Enterprise Multiple | 22.76 | |
| Enterprise Multiple QoQ | -11.144 % | |
| Enterprise Multiple YoY | 136.189 % | |
| Enterprise Multiple IPRWA | high: 64.866 mean: 34.427 median: 25.876 CHTR: 22.76 low: -16.265 |
|
| EV/R | 9.078 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 9.606 | |
| Asset To Liability | 1.153 | |
| Debt To Capital | 0.858 | |
| Debt To Assets | 0.63 | |
| Debt To Assets QoQ | -0.827 % | |
| Debt To Assets YoY | 3595.892 % | |
| Debt To Assets IPRWA | high: 1.69 CHTR: 0.63 median: 0.349 mean: 0.322 low: 0.0 |
|
| Debt To Equity | 6.05 | |
| Debt To Equity QoQ | -4.392 % | |
| Debt To Equity YoY | 3587.681 % | |
| Debt To Equity IPRWA | CHTR: 6.05 high: 3.615 mean: 0.96 median: 0.907 low: -3.16 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.671 | |
| Price To Book QoQ | -28.032 % | |
| Price To Book YoY | -48.713 % | |
| Price To Book IPRWA | high: 5.379 median: 1.857 mean: 1.812 CHTR: 1.671 low: -0.597 |
|
| Price To Earnings (P/E) | 20.488 | |
| Price To Earnings QoQ | -37.918 % | |
| Price To Earnings YoY | -42.163 % | |
| Price To Earnings IPRWA | high: 106.029 mean: 54.724 median: 34.324 CHTR: 20.488 low: -109.964 |
|
| PE/G Ratio | 0.854 | |
| Price To Sales (P/S) | 1.972 | |
| Price To Sales QoQ | -24.289 % | |
| Price To Sales YoY | -45.914 % | |
| Price To Sales IPRWA | high: 13.686 median: 5.727 mean: 5.4 CHTR: 1.972 low: 0.224 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 18.273 | |
| Forward PE/G | 0.762 | |
| Forward P/S | 6.729 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -14.689 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.089 | |
| Asset Turnover Ratio QoQ | -1.369 % | |
| Asset Turnover Ratio YoY | -4.773 % | |
| Asset Turnover Ratio IPRWA | high: 0.432 mean: 0.147 median: 0.118 CHTR: 0.089 low: 0.064 |
|
| Receivables Turnover | 3.738 | |
| Receivables Turnover Ratio QoQ | -2.31 % | |
| Receivables Turnover Ratio YoY | -17.283 % | |
| Receivables Turnover Ratio IPRWA | CHTR: 3.738 high: 3.242 mean: 1.979 median: 1.815 low: 0.991 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 24.414 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 13.17 | |
| Cash Conversion Cycle Days QoQ | 17.99 % | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 144.763 mean: 40.848 median: 28.512 CHTR: 13.17 low: -95.091 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | -1.666 | |
| CapEx To Revenue | -0.245 | |
| CapEx To Depreciation | -1.52 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 111.5 B | |
| Net Invested Capital | $ 113.2 B | |
| Invested Capital | $ 113.2 B | |
| Net Tangible Assets | $ -81.57 B | |
| Net Working Capital | $ -8.16 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.036 | |
| Current Ratio | 0.387 | |
| Current Ratio QoQ | 3.212 % | |
| Current Ratio YoY | 23.165 % | |
| Current Ratio IPRWA | high: 2.784 mean: 1.414 median: 1.056 low: 0.404 CHTR: 0.387 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 17.902 | |
| Cost Of Debt | 1.031 % | |
| Interest Coverage Ratio | 2.544 | |
| Interest Coverage Ratio QoQ | 7.458 % | |
| Interest Coverage Ratio YoY | -2.375 % | |
| Interest Coverage Ratio IPRWA | high: 134.333 mean: 17.981 median: 2.917 CHTR: 2.544 low: -15.218 |
|
| Operating Cash Flow Ratio | 0.264 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 11.245 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.892 % | |
| Revenue Growth | -0.519 % | |
| Revenue Growth QoQ | -24.012 % | |
| Revenue Growth YoY | -154.632 % | |
| Revenue Growth IPRWA | high: 71.226 % mean: 11.524 % median: 4.588 % CHTR: -0.519 % low: -24.881 % |
|
| Earnings Growth | 23.981 % | |
| Earnings Growth QoQ | -362.087 % | |
| Earnings Growth YoY | 65.249 % | |
| Earnings Growth IPRWA | high: 260.0 % CHTR: 23.981 % mean: 7.283 % median: -25.0 % low: -201.984 % |
|
| MARGINS | ||
| Gross Margin | 56.974 % | |
| Gross Margin QoQ | 40.075 % | |
| Gross Margin YoY | -45.209 % | |
| Gross Margin IPRWA | high: 97.722 % median: 68.106 % mean: 58.363 % CHTR: 56.974 % low: 37.002 % |
|
| EBIT Margin | 23.756 % | |
| EBIT Margin QoQ | 8.193 % | |
| EBIT Margin YoY | -0.352 % | |
| EBIT Margin IPRWA | high: 31.652 % CHTR: 23.756 % median: 10.167 % mean: 9.056 % low: -56.001 % |
|
| Return On Sales (ROS) | 24.66 % | |
| Return On Sales QoQ | 3.74 % | |
| Return On Sales YoY | 3.44 % | |
| Return On Sales IPRWA | high: 26.635 % CHTR: 24.66 % mean: 10.91 % median: 10.789 % low: -26.557 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 426.0 M | |
| Free Cash Flow Yield | 1.588 % | |
| Free Cash Flow Yield QoQ | -60.419 % | |
| Free Cash Flow Yield YoY | -46.023 % | |
| Free Cash Flow Yield IPRWA | high: 24.977 % median: 2.073 % mean: 1.826 % CHTR: 1.588 % low: -18.983 % |
|
| Free Cash Growth | -70.189 % | |
| Free Cash Growth QoQ | -263.067 % | |
| Free Cash Growth YoY | -719.716 % | |
| Free Cash Growth IPRWA | high: 516.576 % median: 97.29 % mean: 74.273 % CHTR: -70.189 % low: -519.247 % |
|
| Free Cash To Net Income | 0.32 | |
| Cash Flow Margin | 25.829 % | |
| Cash Flow To Earnings | 2.637 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.02 | |
| Return On Assets (ROA) | 0.868 % | |
| Return On Assets QoQ | 16.198 % | |
| Return On Assets YoY | -11.338 % | |
| Return On Assets IPRWA | high: 6.218 % CHTR: 0.868 % median: 0.795 % mean: 0.77 % low: -8.264 % |
|
| Return On Capital Employed (ROCE) | 2.293 % | |
| Return On Equity (ROE) | 0.083 | |
| Return On Equity QoQ | 11.94 % | |
| Return On Equity YoY | -11.781 % | |
| Return On Equity IPRWA | high: 0.115 CHTR: 0.083 median: 0.022 mean: 0.016 low: -0.543 |
|
| DuPont ROE | 8.486 % | |
| Return On Invested Capital (ROIC) | 2.251 % | |
| Return On Invested Capital QoQ | 11.051 % | |
| Return On Invested Capital YoY | -98.264 % | |
| Return On Invested Capital IPRWA | high: 6.371 % CHTR: 2.251 % mean: 1.619 % median: 1.608 % low: -1.425 % |
|