Charter Communications (CHTR) FY2016 results: revenue $29.0 billion, up 197.3% on the year
Charter Communications, Inc. (CHTR) reported revenue of $29.0 billion for fiscal 2016, the year ended 31 December 2016, up 197.3% on the year before. Net income was $3.5 billion, and diluted earnings per share $15.94. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2017.
Revenue
$29.0 billion
+197.3% on the year
FY2010FY2016
Operating margin
8.5%
11.4% a year earlier
FY2010FY2016
Net income
$3.5 billion
FY2010FY2016
Diluted EPS
$15.94
FY2010FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
29,003
9,754
9,108
+197.3%
Operating income
2,456
1,114
971
+120.5%
Operating margin
8.5%
11.4%
10.7%
Pre-tax income
820
-331
53.0
Income tax
-2,925
-60.0
236
Effective tax rate
-356.7%
n/a
445.3%
Net income
3,522
-271
-183
Net margin
12.1%
-2.8%
-2.0%
Diluted EPS
$15.94
-$2.68
-$1.88
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
8,041
2,359
2,359
+240.9%
Capital expenditure
5,325
1,840
2,221
+189.4%
Free cash flow
2,716
519
138
+423.3%
Free cash flow margin
9.4%
5.3%
1.5%
Cash from investing
-33,554
-17,032
-9,304
Cash from financing
4,779
14,675
6,927
-67.4%
Depreciation and amortisation
6,907
2,125
2,102
+225.0%
Share-based compensation
244
78.0
55.0
+212.8%
Buybacks
1,562
38.0
19.0
+4,010.5%
Diluted shares, weighted
235m
101m
98m
+132.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
40,139
-46.0
146
Non-controlling interest
10,227
0.0
0.0
Debt
61,747
35,723
20,887
+72.8%
Other liabilities
36,954
3,639
3,355
+915.5%
Total liabilities and equity
149,067
39,316
24,388
+279.2%
Fixed assets
32,963
8,345
8,373
+295.0%
Goodwill
29,509
1,168
1,168
+2,426.5%
Intangible assets
15,095
947
1,196
+1,494.0%
Cash and equivalents
1,535
5.0
3.0
+30,600.0%
Receivables
1,432
279
285
+413.3%
Other assets
68,533
28,572
13,363
+139.9%
Total assets
149,067
39,316
24,388
+279.2%
10-K for the year ended 31 December 2016, filed 16 February 2017: the filing.