Charter Communications Files 2024 10-K
Ticker: CHTR · Form: 10-K · Filed: Jan 31, 2025 · CIK: 1091667
| Field | Detail |
|---|---|
| Company | Charter Communications, Inc. /Mo/ (CHTR) |
| Form Type | 10-K |
| Filed Date | Jan 31, 2025 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $5.5 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
Charter's 2024 10-K is in: $141.9B revenue, check liabilities & assets.
AI Summary
Charter Communications, Inc. filed its 2024 10-K on January 31, 2025, reporting revenues of $141.95 billion for the fiscal year ending December 31, 2024. The filing details their financial position, including current liabilities and non-current assets. Charter Communications operates in the Cable & Other Pay Television Services industry.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of Charter Communications' financial performance and condition for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks.
Key Numbers
- $141.95B — Revenues (Total revenue for the fiscal year ending December 31, 2024.)
- $145.23B — Revenues (Previous Year) (Total revenue for the fiscal year ending December 31, 2023.)
Key Players & Entities
- CHARTER COMMUNICATIONS, INC. /MO/ (company) — Filer
- 20241231 (date) — Fiscal Year End
- 20250131 (date) — Filing Date
- 400 WASHINGTON BLVD. (address) — Business and Mail Address
- STAMFORD (location) — City
- CT (location) — State
- 06902 (zip_code) — Zip Code
- 203-905-7801 (phone_number) — Business Phone
FAQ
What were Charter Communications' total revenues for the fiscal year ending December 31, 2024?
Charter Communications reported total revenues of $141,946,426,000 for the fiscal year ending December 31, 2024.
What was the company's revenue for the prior fiscal year?
The company's revenue for the fiscal year ending December 31, 2023, was $145,225,458,000.
What is Charter Communications' primary business address?
Charter Communications' primary business address is 400 Washington Blvd., Stamford, CT 06902.
What is the SIC code for Charter Communications?
The Standard Industrial Classification (SIC) code for Charter Communications is 4841, which corresponds to Cable & Other Pay Television Services.
When was the 10-K filing submitted?
The 10-K filing was submitted on January 31, 2025.
Filing Stats: 4,452 words · 18 min read · ~15 pages · Grade level 16.3 · Accepted 2025-01-31 07:02:28
Key Financial Figures
- $5.5 billion — in the beginning of 2022, we have spent $5.5 billion on our subsidized rural construction in
Filing Documents
- chtr-20241231.htm (10-K) — 2424KB
- chtr12312024exh-1072b.htm (EX-10.72(B)) — 241KB
- chtr12312024exh-1073.htm (EX-10.73) — 242KB
- chtr12312024exh-1074.htm (EX-10.74) — 239KB
- chtr12312024exh-191.htm (EX-19.1) — 54KB
- chtr123124exh-211.htm (EX-21.1) — 68KB
- chtr123124exh-231.htm (EX-23.1) — 3KB
- chtr12312024exh-311.htm (EX-31.1) — 10KB
- chtr12312024exh-312.htm (EX-31.2) — 10KB
- chtr12312024exh-321.htm (EX-32.1) — 4KB
- chtr12312024exh-322.htm (EX-32.2) — 5KB
- chtr-20241231_g1.jpg (GRAPHIC) — 162KB
- chtr-20241231_g2.jpg (GRAPHIC) — 61KB
- chtr-20241231_g3.jpg (GRAPHIC) — 447KB
- image.jpg (GRAPHIC) — 13KB
- 0001091667-25-000034.txt ( ) — 14517KB
- chtr-20241231.xsd (EX-101.SCH) — 74KB
- chtr-20241231_cal.xml (EX-101.CAL) — 92KB
- chtr-20241231_def.xml (EX-101.DEF) — 292KB
- chtr-20241231_lab.xml (EX-101.LAB) — 891KB
- chtr-20241231_pre.xml (EX-101.PRE) — 624KB
- chtr-20241231_htm.xml (XML) — 1913KB
Business
Business 1 Item 1A
Risk Factors
Risk Factors 20 Item 1B Unresolved Staff Comments 30 Item 1C Cybersecurity 30 Item 2
Properties
Properties 32 Item 3
Legal Proceedings
Legal Proceedings 32 Item 4 Mine Safety Disclosures 32 PART II Item 5 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 33 Item 6 [Reserved] 34 Item 7
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 34 Item 7A
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 48 Item 8
Financial Statements and Supplementary Data
Financial Statements and Supplementary Data 49 Item 9 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 49 Item 9A
Controls and Procedures
Controls and Procedures 49 Item 9B Other Information 52 Item 9C Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 52 PART III Item 10 Directors, Executive Officers and Corporate Governance 53 Item 11
Executive Compensation
Executive Compensation 53 Item 12
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 53 Item 13 Certain Relationships and Related Transactions, and Director Independence 53 Item 14 Principal Accountant Fees and Services 53 PART IV Item 15 Exhibits and Financial Statement Schedules 54 Item 16 Form 10-K Summary 54
Signatures
Signatures S- 1 Exhibit Index E- 1 This annual report on Form 10-K is for the year ended December 31, 2024. The United States Securities and Exchange Commission ("SEC") allows us to "incorporate by reference" information that we file with the SEC, which means that we can disclose important information to you by referring you directly to those documents. Information incorporated by reference is considered to be part of this annual report. In addition, information that we file with the SEC in the future will automatically update and supersede information contained in this annual report. In this annual report, "Charter," "we," "us" and "our" refer to Charter Communications, Inc. and its subsidiaries. i CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS: This annual report includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial including, without limitation, the forward-looking statements set forth in Part I. Item 1. under the heading "Business" and in Part II. Item 7. under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations" in this annual report. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, including, without limitation, the factors described in Part I. Item 1A. under "Risk Factors" and in Part II. Item 7. under the heading, "Management's Discussion and Analysis of Financial Condition and Results of Operations" in this annual report. Many of the forward-looking statements contained in this annual report may b
Business
Item 1. Business. Introduction We are a leading broadband connectivity company and cable operator with services available to an estimated 57 million homes and businesses in 41 states through our Spectrum brand. Over an advanced communications network, we offer a full range of state-of-the-art residential and business services including Spectrum Internet , TV, Mobile and Voice. For small and medium-sized companies, Spectrum Business delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach delivers tailored advertising and production for the modern media landscape. We also distribute award-winning news coverage and sports programming to our customers through Spectrum Networks. Our strategy is focused on utilizing our high bandwidth connectivity network to deliver high-quality, competitively priced products, with outstanding service, allowing us to increase both the number of customers we serve over our network and the number of products we sell to each customer. This combination also reduces the number of service transactions we perform per relationship, yielding higher customer satisfaction and lower customer churn, which results in lower costs to acquire and serve customers and greater profitability. Products We continue to evolve our connectivity network to offer symmetrical and multi-gigabit Internet speeds across our entire footprint and have launched symmetrical Internet service in eight markets and 2x1 Gbps service in two markets. Advanced WiFi, a managed WiFi service that provides customers an optimized home network while providing greater control of connected devices with enhanced security and privacy, is available to all Internet customers. Spectrum Mobile is available to all new and existing Internet customers and offers plans that includ