Recent News
On April 24, 2026, Charter announced first-quarter 2026 financial and operating results and held a webcast to discuss those results. On May 27–28, 2026, Charter confirmed a cybersecurity incident tied to the ShinyHunters group and said it notified authorities while investigating alleged customer- and enterprise-data access. On May 14, 2026, a press release noted new streaming content integrations for Spectrum TV customers.
Technical Analysis
ADX at 27.43 indicates a strong underlying trend strength; combined with DI+ at 25.67 (increasing) and DI- showing a peak-and-reversal, directional momentum tilts bullish and supports the view of near-term stabilization around the current valuation.
MACD sits at -5.02 but shows an increasing trajectory and has crossed above its signal line (-7.39); that cross constitutes a bullish momentum signal and implies shifting short-term momentum despite the negative absolute MACD value.
MRO at -21.72 with an increasing trend indicates the market price sits below the modeled target and suggests upward potential toward fair-value levels identified by valuation work.
RSI of 39.83, moving higher, shows momentum recovering from below-neutral territory and implies room for additional upside before reaching overbought conditions.
Price sits at $142.21, above the 20-day average ($136.20) but below the 50-day ($153.38) and 200-day ($207.14); the 12-day EMA shows a dip-and-reversal pattern, consistent with short-term recovery attempts while longer-term averages remain resistant. Bollinger bands (1× at $128.29–$144.12) contain recent trade, and SuperTrend support near $136.22 aligns with the 20-day band as a nearby technical support area.
Volume recently runs below the 10-day average but above the 200-day average, indicating episodic trading interest without a sustained surge; low 42-day and 52-week volatility (~0.03) and muted betas (0.26–0.27) imply smaller directional swings relative to the market, favoring measured moves rather than sharp breakouts.
Fundamental Analysis
Revenue totaled $13,597,000,000 with revenue growth effectively flat year-over-year (-97.886% reported number; review company disclosures for period definitions); operating income reached $3,223,000,000 and net income totaled $1,163,000,000, while EBIT of $3,084,000,000 produces an EBIT margin of 22.681% (EBIT margin QoQ change -4.525 percentage points; YoY +0.652 percentage points). The EBIT margin sits above the industry peer mean of 15.666% and above the industry peer median of 19.967%, supporting stronger operating profitability versus typical peers.
EPS came in at $9.17 versus an estimate of $10.08, an EPS shortfall of $0.91, equal to an EPS surprise of -9.03%.
Cash generation stands out: operating cash flow reached $4,304,000,000 and free cash flow $1,372,000,000, yielding a free-cash-flow yield of 4.84%, well above the industry peer mean of 0.81% — a key input to WMDST’s valuation. Free-cash-flow growth shows a positive multi-period rate (reported 222.07%), though quarter-to-quarter growth shows volatility.
Leverage remains elevated: total debt about $96.822 billion with net debt $96.305 billion, debt-to-EBITDA roughly 18.29x and debt-to-equity about 5.91x (591%), while interest coverage sits near 2.46x. High leverage increases sensitivity to operating swings even as current interest cost (cost of debt ~0.966%) remains manageable for now.
Liquidity metrics show a current ratio of 0.40 and cash & short-term investments of $517,000,000; asset turnover remains low at 0.088. Return metrics register moderate returns: return on equity ~7.10% and return on assets ~0.75%.
Valuation context: market capitalization approximates $28.36 billion with enterprise value about $124.66 billion, producing an enterprise multiple near 23.54x and a price-to-earnings ratio of 24.42x (forward PE ~18.59x). WMDST values the stock as under-valued given strong free-cash generation and above-mean operating margins offset by elevated leverage and recent EPS miss.
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 | $ 10.08 | |
| EPS Actual | $ 9.17 | |
| EPS Difference | $ -0.91 | |
| EPS Surprise | -9.028 % | |
| 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 % |
|