Charter Communications (CHTR) FY2021 results: revenue $51.7 billion, up 7.5% on the year
Charter Communications, Inc. (CHTR) reported revenue of $51.7 billion for fiscal 2021, the year ended 31 December 2021, up 7.5% on the year before. Net income was $4.7 billion, up 44.4%, and diluted earnings per share $24.47. The figures are the company's own, from the 10-K it filed with the SEC on 28 January 2022.
Revenue
$51.7 billion
+7.5% on the year
FY2014FY2021
Operating margin
20.4%
17.5% a year earlier
FY2014FY2021
Net income
$4.7 billion
+44.4% on the year
FY2014FY2021
Diluted EPS
$24.47
+58.9% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
16,239
14,562
11,748
+11.5%
Capital expenditure
7,635
7,415
7,195
+3.0%
Free cash flow
8,604
7,147
4,553
+20.4%
Free cash flow margin
16.6%
14.9%
9.9%
Cash from investing
-7,754
-8,157
-7,331
Cash from financing
-8,885
-8,953
-1,633
Depreciation and amortisation
9,345
9,704
9,926
-3.7%
Share-based compensation
430
351
315
+22.5%
Buybacks
15,431
11,217
6,873
+37.6%
Diluted shares, weighted
193m
209m
224m
-7.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
14,050
23,805
31,445
-41.0%
Non-controlling interest
4,106
6,476
7,366
-36.6%
Debt
91,561
82,752
79,078
+10.6%
Operating lease liabilities
1,182
1,110
979
+6.5%
Finance lease liabilities
n/a
n/a
58.0
Other liabilities
31,592
30,063
29,262
+5.1%
Total liabilities and equity
142,491
144,206
148,188
-1.2%
Fixed assets
34,310
34,357
34,591
-0.1%
Goodwill
29,562
29,554
29,554
+0.0%
Intangible assets
4,294
5,876
7,736
-26.9%
Cash and equivalents
601
1,001
3,483
-40.0%
Receivables
2,579
2,539
2,227
+1.6%
Other assets
71,145
70,879
70,597
+0.4%
Total assets
142,491
144,206
148,188
-1.2%
10-K for the year ended 31 December 2021, filed 28 January 2022: the filing.