Charter Communications (HAM:CQD) Operating Income: €11,080 Mil (TTM As of Jun. 2026)

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HAM:CQD Charter Communications Inc HAM:CQD
72 GF Score
Price €125.54
GF Value €326.91
! 3 Warning Signs
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What is Charter Communications Operating Income?

Charter Communications HAM:CQD +3.48% 72 Operating Income is €11,080 Mil as of Jun. 2026. GuruFocus rates HAM:CQD with a GF Score™ of 72/100 and a GF Value™ of €326.91. The stock has 3 warning signs investors should review.

Charter Communications's Operating Income for the three months ended in Jun. 2026 was €2,659 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €11,080 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Charter Communications's Operating Income for the three months ended in Jun. 2026 was €2,659 Mil. Charter Communications's Revenue for the three months ended in Jun. 2026 was €11,741 Mil. Therefore, Charter Communications's Operating Margin % for the quarter that ended in Jun. 2026 was 22.65%.

Good Sign:

Charter Communications Inc operating margin is expanding. Margin expansion is usually a good sign.

Charter Communications's 5-Year average Growth Rate for Operating Margin % was 6.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Charter Communications's annualized ROC % for the quarter that ended in Jun. 2026 was 6.14%. Charter Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 27.58%.


Charter Communications  (HAM:CQD) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Charter Communications's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=10634.736 * ( 1 - 23.76% )/( (132441.88 + 131626.992)/ 2 )
=8107.9227264/132034.436
=6.14 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=133767.06 - 7739.155 - ( 447.205 - max(0, 10704.375 - 4290.4+447.205))
=132441.88

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=135076.424 - 11092.172 - ( 441.812 - max(0, 11959.304 - 4316.564+441.812))
=131626.992

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Charter Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11370.8/( ( (40826.27 + max(-6158.8, 0)) + (41624.94 + max(-7217.42, 0)) )/ 2 )
=11370.8/( ( 40826.27 + 41624.94 )/ 2 )
=11370.8/41225.605
=27.58 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3036.15 + 0 + 807.045) - (7739.155 + 394.44 + 1868.4)
=-6158.8

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3169.068 + 0 + 705.684) - (11092.172 + 371.504 + -371.504)
=-7217.42

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Charter Communications's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=2658.684/11740.568
=22.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Charter Communications Operating Income Related Terms


Charter Communications Operating Income Historical Data

* Premium members only.

The historical data trend for Charter Communications's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Charter Communications Operating Income Chart

Charter Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,606.68 11,557.39 11,468.00 12,648.98 11,378.70

Charter Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,913.12 2,769.00 2,864.32 2,787.90 2,658.68
HAM:CQD
72GF Score
Charter Communications Inc HAM:CQD
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Charter Communications Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €11,080 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of €11,080 Mil mean?
Charter Communications (HAM:CQD) has a Operating Income of €11,080 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Charter Communications and its competitors.
Is Charter Communications' Operating Income too high?
Charter Communications' current Operating Income is €11,080 Mil. Overall, Charter Communications has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Charter Communications' Operating Income compare to TIGO and GSAT?
Charter Communications' Operating Income of €11,080 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Telecommunication Services company?
A good Operating Income depends on the Telecommunication Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Charter Communications and its competitors. Charter Communications's current Operating Income is €11,080 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charter Communications stock overvalued right now?
Charter Communications (HAM:CQD) has a current Operating Income of €11,080 Mil. The stock's GF Value™ is €326.91, compared to a current price of €125.54 — trading 61.6% below its estimated fair value. The current Operating Income is €11,080 Mil. Charter Communications' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Charter Communications (HAM:CQD), the current Operating Income is €11,080 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Charter Communications (HAM:CQD) Overvalued in 2026?

Based on GuruFocus' analysis, Charter Communications stock appears to be undervalued. The current stock price of €125.54 is trading 61.6% below its estimated GF Value™ of €326.91.

Key valuation signals for HAM:CQD:

  • Operating Income: €11,080 Mil
  • GF Value™: €326.91 vs. price of €125.54 (61.6% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the HAM:CQD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Charter Communications Business Description

Address 400 Washington Boulevard, Stamford, CT, USA, 06902
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 59 million US homes and businesses, around 35% of the country. Across this footprint, Charter serves 29 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (Los Angeles Lakers), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1. Charter plans to acquire cable peer Cox.
72GF Score

Get the complete analysis for HAM:CQD

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€125.54
Price
€326.91
GF Value