3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Charter Communications's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 62.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Charter Communications's 3-Year ROIIC % or its related term are showing as below:
CHTR's 3-Year ROIIC % is ranked better than 90.5% of 379
companies
in the Telecommunication Services industry
Industry Median: 3.13
vs CHTR: 62.84
Charter Communications 3-Year ROIIC % Historical Data
The historical data trend for Charter Communications's 3-Year ROIIC % 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.
Competitive Comparison of Charter Communications's 3-Year ROIIC %
For the Telecom Services subindustry, Charter Communications's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Charter Communications's 3-Year ROIIC % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Charter Communications's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Charter Communications's 3-Year ROIIC % falls into.
Charter Communications 3-Year ROIIC % Calculation
Charter Communications's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 9433.804 (Dec. 2023) - 7175.2365 (Dec. 2020) )
/
( 145570 (Dec. 2023) - 141976 (Dec. 2020) )
=
2258.5675
/
3594
=
62.84%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Charter Communications (NAS:CHTR) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Charter Communications 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Charter Communications's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Charter Communications (Charter Communications) Business Description
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 56 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
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