Cash and cash equivalents (USD, millions)

Accounts receivable, less allowance for doubtful accounts (USD, millions)

Prepaid expenses and other current assets (USD, millions)

Total current assets (USD, millions)

Property, plant and equipment, net of accumulated depreciation (USD, millions)

Customer relationships, net (USD, millions)

Franchises (USD, millions)

Goodwill (USD, millions)

Total investment in cable properties, net (USD, millions)

Other noncurrent assets (USD, millions)

Total assets (USD, millions)

Accounts payable, accrued and other current liabilities (USD, millions)

Current portion of long-term debt (USD, millions)

Total current liabilities (USD, millions)

Long-term debt (USD, millions)

Equipment installment plan financing facility (USD, millions)

Deferred income taxes (USD, millions)

Other long-term liabilities (USD, millions)

Additional paid-in capital (USD, millions)

Accumulated deficit (USD, millions)

Total Charter shareholders’ equity (USD, millions)

Noncontrolling interests (USD, millions)

Total shareholders’ equity (USD, millions)

Total liabilities and shareholders’ equity (USD, millions)

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Consolidated net income (USD, millions)

Depreciation and amortization (USD, millions)

Stock compensation expense (USD, millions)

Noncash interest, net (USD, millions)

Other, net (Operating Activities) (USD, millions)

Net cash flows from operating activities (USD, millions)

Purchases of property, plant and equipment (USD, millions)

Change in accrued expenses related to capital expenditures (USD, millions)

Other, net (Investing Activities) (USD, millions)

Net cash flows from investing activities (USD, millions)

Borrowings of long-term debt (USD, millions)

Borrowings of equipment installment plan financing facility (USD, millions)

Repayments of long-term debt (USD, millions)

Payments for debt issuance costs (USD, millions)

Purchase of treasury stock (USD, millions)

Proceeds from exercise of stock options (USD, millions)

Purchase of noncontrolling interest (USD, millions)

Distributions to noncontrolling interest (USD, millions)

Other, net (Financing Activities) (USD, millions)

Net cash flows from financing activities (USD, millions)

NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (USD, millions)

CASH PAID FOR INTEREST (USD, millions)

CASH PAID FOR TAXES (USD, millions)

CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period (USD, millions)

CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, end of period (USD, millions)

221e8072c2916a888d1289fbfbb84d32dd53fc0231b33b94e730abc69bc28d85

The significant increase in **consolidated net income** for Q4 2024 was driven by several factors. **Adjusted EBITDA** improved due to a **1.6% increase in revenue** and only a **0.3% rise in operating expenses**, boosting operating efficiency. A key contributor was the **lower pension remeasurement loss** in Q4 2024 compared to the larger loss experienced in Q4 2023. In addition, robust **revenue growth** was observed — with notable gains in **mobile service revenue (37.4%)**, **advertising sales revenue (26.4%)**, and **other revenue (14.6%)** — which, along with improved **cost management** through decreases in programming costs (by 9.1%) and customer operations costs (by 2.6%), collectively led to a consolidated net income of **$1,676 million**, up from **$1,229 million** year-over-year.  **[CHTR_3413962_7]** **[0001091667-25-000033_chtrex991earningsrelease12.htm:3]** **[20250131CG08817:4]** 

Why did Consolidated net income rise significantly in Q4 2024?

The change was primarily driven by **increased special charges, net**, which rose by **$128 million** due to **severance costs** and **litigation settlements**.  **[0001091667-24-000104_chtr-20240630.htm:26]** **[0001091667-24-000104_chtr-20240630.htm:15]** **[20240726CG70310:4]**  Additionally, there was a shift in the **(Gain) Loss on Disposal of Assets, Net** from a **$6 million gain in Q2 2023** to a **$3 million loss in Q2 2024**, further contributing to the overall change.  **[0001091667-24-000104_chtr-20240630.htm:15]** 

What caused Other operating income to turn into an expense in Q2 2024?

The **increase in income before income taxes** in Q4 2024 was driven by several factors. **Revenue growth** played a key role, with total revenues rising by **1.6%** due to significant gains in **mobile service revenue (37.4%)**, **advertising sales (26.4%)**, and **other revenue (14.6%)**. Additionally, **cost management** measures helped sustain profitability; operating costs and expenses increased only marginally by **0.2%**, and programming costs decreased by **9.1%**, demonstrating improved cost efficiencies. Lastly, a substantial reduction in **other expenses, net** (from **$313 million** to **$69 million**) contributed significantly to the improved income before taxes.  **[0001091667-25-000033_chtrex991earningsrelease12.htm:12]** **[20250131CG08817:10]** **[0001091667-25-000033_chtrex991earningsrelease12.htm:3]** 

What factors drove the increase in income before income taxes in Q4 2024?

8c71798f9d37001787d759a312989888a18f1209794e96cef7438be5f730ac80

Revenues (USD, millions)

Operating costs and expenses (USD, millions)

Other operating (income) expense, net (USD, millions)

Income from operations (USD, millions)

Interest expense, net (USD, millions)

Other income (expense), net (USD, millions)

Income before income taxes (USD, millions)

Income tax expense (USD, millions)

Net income attributable to noncontrolling interests (USD, millions)

Net income attributable to Charter shareholders (USD, millions)

82f0d9e09526c1b5333c0ef83c4d3866e2aea98c14378935b9df5c0103146704

Adjustments for Non-Cash Items [USD, Millions]

Stock-Based Compensation [USD, Millions]

Changes in Working Capital [USD, Millions]

Capital Expenditures (CapEx) [USD, Millions]

Proceeds from / Repayments of Debt [USD, Millions]

Share Repurchases [USD, Millions]

Dividend Payments [USD, Millions]

Net Change in Cash [USD, Millions]

8bc768b3f3d5caba9ccaa8167066e40c2541d795ee208ee73589939774c3e8b3

44101fe4099667f18c478ac878ddbcd0ad94cc32c3ccd1215058a14d6f5f4f23

Total Revenue [USD, Millions]

Cost of Goods Sold (COGS) [USD, Millions]

Depreciation and Amortization (D&A) [USD, Millions]

Interest Expense [USD, Millions]

Operating Income (EBIT) [USD, Millions]

Net Income [USD, Millions]

Earnings Per Share (EPS) - Basic [USD]

Earnings Per Share (EPS) - Diluted [USD]

6d11db91ae28e1ee7ed3a7d5371744c55fa32ca6cbc5827e2f642b13cfd47e20

4ecc79b6f9e1f766c5dd5e252a4a4f9eb3655b3ca5dff3f9a7170a32e2b445fb

0e9d1a3d6bd82cec014575437a66f77b4a1c4419e1e377806c4bd4d35c2ccdc8

CHARTER COMMUNICATIONS, INC. /MO/ (CHTR)

Financials