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On June 15, 2026 Charter announced Spectrum awarded $1.1 million in 2026 Spectrum Digital Education grants to nonprofits across its footprint. On June 10, 2026 Spectrum Reach announced a partnership with Anoki AI to improve real-time transparency in streaming TV advertising. On June 11, 2026 Charter named Chris Hacker Head of Corporate Security. On June 1, 2026 the National Advertising Division recommended clearer disclosures for the Spectrum Home Internet “Free Internet Forever” offer. A federal court complaint against Charter received filings in early June 2026.
Technical Analysis
ADX / DI+ / DI-: ADX at 31.46 signals a strong directional regime; DI+ recently completed a dip-and-reversal, which counts as bullish, while DI- is decreasing, which also reads as bullish. Together these directional changes imply near-term upward pressure on price that must overcome the longer-term average gap to confirm a sustained advance.
MACD: MACD sits negative at -8.39 but trades above its signal line (signal -11.12), a bullish momentum shift despite the negative level; that alignment supports short-term bullish momentum rather than confirming a longer-term trend reversal.
MRO (Momentum/Regression Oscillator): MRO registers -33.16, indicating price sits below the model target and therefore carries potential to move higher toward that target; the increasing MRO trend adds conviction to a rebound scenario from the model-implied gap.
RSI: RSI near 37.82 and rising points to recovering buying pressure from a lower base while still leaving room before reaching neutral territory; this supports a tactical rally possibility without an overbought condition.
Price Structure & Moving Averages: The close at $143.71 trades below the 200-day average ($213.59) but above the 20-day average ($138.97); the 12-day EMA completed a dip-and-reversal, reinforcing near-term bullish bias within a longer-term below-average regime. Bollinger bands place current price between the 1x upper band ($146.26) and the 1x lower band ($131.68), implying limited immediate upside before encountering short-term volatility resistance near the upper band.
Fundamental Analysis
Profitability: EBIT measures $3,084,000,000 and EBIT margin registers 22.681%, above the industry peer mean of 15.666% and above the industry peer median of 19.967%. QoQ EBIT margin fell by 4.525%, while YoY margin rose by 0.652%—a mixed recent cadence but a structurally higher margin profile versus peers.
Revenue & Growth: Reported total revenue stands at $13,597,000,000. Reported revenue growth shows YoY decline of -97.886% and QoQ decline of -94.412%; those percentages reflect a large contraction on the provided basis and materially alter near-term top-line comparisons.
Earnings and Coverage: Reported EPS actual at $9.31 missed the estimate of $10.24 by $0.93, producing an EPS surprise ratio of -9.082%. Interest coverage equals 2.455, above the industry peer mean of 1.62275, indicating operating income covers interest more than peer average, but coverage remains modest relative to high leverage metrics.
Cash Flow & Capital Allocation: Operating cash flow reached $4,304,000,000 with free cash flow $1,372,000,000 and a free cash flow yield of 4.838%, above the industry peer mean free cash flow yield of 0.807%. Free cash flow growth shows +2.22066 YoY but fell QoQ by -4.16383. WMDST places emphasis on the elevated free cash flow yield as a primary valuation input.
Leverage and Balance Sheet: Net debt amounts to $96,305,000,000 with total debt near $96,822,000,000. Debt-to-EBITDA equals 18.29 and debt-to-equity measures 5.90919, both well above the industry peer mean (debt-to-equity peer mean 0.92188). Net tangible assets register negative at -$81,120,000,000, and the current ratio equals 0.40081, below the industry peer mean of 2.15012, reflecting a capital structure weighted toward long-term liabilities and leverage.
Valuation Context: Reported P/E equals 24.42 versus an industry peer mean P/E of 9.65329; price-to-book sits at 1.73077 near the industry peer mean of 1.69128. Forward P/E reads 18.59. The current valuation as determined by WMDST values the stock as under-valued, driven by elevated free cash flow yield and above-peer operating margins, offset materially by heavy leverage metrics and steep reported revenue declines in the latest periodic comparisons.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-04-24 |
| NEXT REPORT DATE: | 2026-07-24 |
| CASH FLOW | Begin Period Cash Flow | $ 598.0 M |
| Operating Cash Flow | $ 4.3 B | |
| Capital Expenditures | $ -2.93 B | |
| Change In Working Capital | $ 181.0 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 24.0 M | |
| End Period Cash Flow | $ 622.0 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 13.6 B | |
| Forward Revenue | $ 4.0 B | |
| COSTS | ||
| Cost Of Revenue | $ 5.9 B | |
| Depreciation | $ 2.2 B | |
| Depreciation and Amortization | $ 2.2 B | |
| Research and Development | — | |
| Total Operating Expenses | $ 10.4 B | |
| PROFITABILITY | ||
| Gross Profit | $ 7.7 B | |
| EBITDA | $ 5.3 B | |
| EBIT | $ 3.1 B | |
| Operating Income | $ 3.2 B | |
| Interest Income | — | |
| Interest Expense | $ 1.3 B | |
| Net Interest Income | $ -1.26 B | |
| Income Before Tax | $ 1.8 B | |
| Tax Provision | $ 465.0 M | |
| Tax Rate | 25.438 % | |
| Net Income | $ 1.2 B | |
| Net Income From Continuing Operations | $ 1.4 B | |
| EARNINGS | ||
| EPS Estimate | $ 10.24 | |
| EPS Actual | $ 9.31 | |
| EPS Difference | $ -0.93 | |
| EPS Surprise | -9.082 % | |
| Forward EPS | $ 11.17 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 154.6 B | |
| Intangible Assets | $ 97.5 B | |
| Net Tangible Assets | $ -81.12 B | |
| Total Current Assets | $ 5.0 B | |
| Cash and Short-Term Investments | $ 517.0 M | |
| Cash | $ 517.0 M | |
| Net Receivables | $ 3.5 B | |
| Inventory | — | |
| Long-Term Investments | $ 5.0 B | |
| LIABILITIES | ||
| Accounts Payable | $ 1.0 B | |
| Short-Term Debt | $ 812.0 M | |
| Total Current Liabilities | $ 12.4 B | |
| Net Debt | $ 96.3 B | |
| Total Debt | $ 96.8 B | |
| Total Liabilities | $ 133.6 B | |
| EQUITY | ||
| Total Equity | $ 16.4 B | |
| Retained Earnings | $ -4.23 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 129.39 | |
| Shares Outstanding | 122.985 M | |
| Revenue Per-Share | $ 107.37 | |
| VALUATION | Market Capitalization | $ 28.4 B |
| Enterprise Value | $ 124.7 B | |
| Enterprise Multiple | 23.544 | |
| Enterprise Multiple QoQ | 3.445 % | |
| Enterprise Multiple YoY | -13.891 % | |
| Enterprise Multiple IPRWA | high: 137.3 median: 137.3 mean: 118.578 CHTR: 23.544 low: -36.86 |
|
| EV/R | 9.168 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 9.438 | |
| Asset To Liability | 1.158 | |
| Debt To Capital | 0.855 | |
| Debt To Assets | 0.626 | |
| Debt To Assets QoQ | -0.584 % | |
| Debt To Assets YoY | -1.093 % | |
| Debt To Assets IPRWA | high: 1.73 CHTR: 0.626 median: 0.391 mean: 0.38 low: 0.001 |
|
| Debt To Equity | 5.909 | |
| Debt To Equity QoQ | -2.322 % | |
| Debt To Equity YoY | 0.47 % | |
| Debt To Equity IPRWA | CHTR: 5.909 high: 3.675 median: 0.934 mean: 0.922 low: -5.424 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.731 | |
| Price To Book QoQ | 3.576 % | |
| Price To Book YoY | -43.186 % | |
| Price To Book IPRWA | high: 2.697 median: 1.854 CHTR: 1.731 mean: 1.691 low: -0.475 |
|
| Price To Earnings (P/E) | 24.422 | |
| Price To Earnings QoQ | 19.2 % | |
| Price To Earnings YoY | -41.684 % | |
| Price To Earnings IPRWA | high: 137.735 CHTR: 24.422 mean: 9.653 median: 1.545 low: -45.776 |
|
| PE/G Ratio | -2.158 | |
| Price To Sales (P/S) | 2.086 | |
| Price To Sales QoQ | 5.743 % | |
| Price To Sales YoY | -42.122 % | |
| Price To Sales IPRWA | high: 17.816 median: 6.361 mean: 6.019 CHTR: 2.086 low: 0.008 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 18.59 | |
| Forward PE/G | -1.643 | |
| Forward P/S | 6.46 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 154.7 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.088 | |
| Asset Turnover Ratio QoQ | -0.61 % | |
| Asset Turnover Ratio YoY | -3.528 % | |
| Asset Turnover Ratio IPRWA | high: 0.243 CHTR: 0.088 mean: 0.079 median: 0.064 low: 0.063 |
|
| Receivables Turnover | 3.782 | |
| Receivables Turnover Ratio QoQ | 1.194 % | |
| Receivables Turnover Ratio YoY | -11.772 % | |
| Receivables Turnover Ratio IPRWA | CHTR: 3.782 high: 2.71 median: 2.634 mean: 2.449 low: 0.407 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 24.126 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 7.886 | |
| Cash Conversion Cycle Days QoQ | -40.119 % | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 160.345 CHTR: 7.886 mean: -79.733 low: -102.184 median: -102.184 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | -1.834 | |
| CapEx To Revenue | -0.216 | |
| CapEx To Depreciation | -1.326 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 112.4 B | |
| Net Invested Capital | $ 113.2 B | |
| Invested Capital | $ 113.2 B | |
| Net Tangible Assets | $ -81.12 B | |
| Net Working Capital | $ -7.42 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.042 | |
| Current Ratio | 0.401 | |
| Current Ratio QoQ | 3.678 % | |
| Current Ratio YoY | 10.304 % | |
| Current Ratio IPRWA | high: 2.896 median: 2.387 mean: 2.15 low: 0.729 CHTR: 0.401 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 18.286 | |
| Cost Of Debt | 0.966 % | |
| Interest Coverage Ratio | 2.455 | |
| Interest Coverage Ratio QoQ | -3.486 % | |
| Interest Coverage Ratio YoY | -1.546 % | |
| Interest Coverage Ratio IPRWA | high: 3.652 CHTR: 2.455 median: 1.752 mean: 1.623 low: -13.464 |
|
| Operating Cash Flow Ratio | 0.288 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 16.24 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.279 % | |
| Revenue Growth | -0.029 % | |
| Revenue Growth QoQ | -94.412 % | |
| Revenue Growth YoY | -97.886 % | |
| Revenue Growth IPRWA | high: 17.106 % CHTR: -0.029 % median: -0.245 % mean: -2.081 % low: -44.154 % |
|
| Earnings Growth | -11.315 % | |
| Earnings Growth QoQ | -147.183 % | |
| Earnings Growth YoY | -31.977 % | |
| Earnings Growth IPRWA | high: 134.615 % CHTR: -11.315 % mean: -155.144 % low: -189.45 % median: -189.45 % |
|
| MARGINS | ||
| Gross Margin | 56.777 % | |
| Gross Margin QoQ | -0.346 % | |
| Gross Margin YoY | 16.184 % | |
| Gross Margin IPRWA | high: 97.934 % CHTR: 56.777 % mean: 42.275 % median: 39.074 % low: 15.882 % |
|
| EBIT Margin | 22.681 % | |
| EBIT Margin QoQ | -4.525 % | |
| EBIT Margin YoY | 0.652 % | |
| EBIT Margin IPRWA | high: 31.042 % CHTR: 22.681 % median: 19.967 % mean: 15.666 % low: -28.551 % |
|
| Return On Sales (ROS) | 23.704 % | |
| Return On Sales QoQ | -3.877 % | |
| Return On Sales YoY | 5.192 % | |
| Return On Sales IPRWA | high: 25.326 % CHTR: 23.704 % mean: 11.462 % median: 11.175 % low: -42.683 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 1.4 B | |
| Free Cash Flow Yield | 4.838 % | |
| Free Cash Flow Yield QoQ | 204.66 % | |
| Free Cash Flow Yield YoY | 53.101 % | |
| Free Cash Flow Yield IPRWA | high: 18.513 % CHTR: 4.838 % mean: 0.807 % median: 0.201 % low: -18.904 % |
|
| Free Cash Growth | 222.066 % | |
| Free Cash Growth QoQ | -416.383 % | |
| Free Cash Growth YoY | -24.201 % | |
| Free Cash Growth IPRWA | high: 251.322 % median: 251.322 % CHTR: 222.066 % mean: 176.391 % low: -360.87 % |
|
| Free Cash To Net Income | 1.18 | |
| Cash Flow Margin | 26.175 % | |
| Cash Flow To Earnings | 3.06 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.02 | |
| Return On Assets (ROA) | 0.753 % | |
| Return On Assets QoQ | -13.249 % | |
| Return On Assets YoY | -6.922 % | |
| Return On Assets IPRWA | high: 3.311 % CHTR: 0.753 % median: 0.454 % mean: 0.332 % low: -5.963 % |
|
| Return On Capital Employed (ROCE) | 2.168 % | |
| Return On Equity (ROE) | 0.071 | |
| Return On Equity QoQ | -14.451 % | |
| Return On Equity YoY | -5.246 % | |
| Return On Equity IPRWA | high: 0.081 CHTR: 0.071 median: 0.011 mean: 0.007 low: -0.134 |
|
| DuPont ROE | 7.17 % | |
| Return On Invested Capital (ROIC) | 2.031 % | |
| Return On Invested Capital QoQ | -9.773 % | |
| Return On Invested Capital YoY | -3.47 % | |
| Return On Invested Capital IPRWA | high: 4.237 % CHTR: 2.031 % median: 1.392 % mean: 1.145 % low: -3.636 % |
|