Name: Gross Profit Margin

Definition: Gross profit margin shows how much profit the company keeps from each dollar of sales after covering the direct cost of making its products or delivering services. High margins suggest strong pricing power or efficient production. Shrinking margins might mean rising costs or tougher competition eating into profits.

Interpretation:
• In '2021', CHTR's gross profit margin was 45.4%, showing profitability after production and operational costs. Industry average for Cable & Other Pay Television Services in '2021' stood at 61.2%.
• In '2022', CHTR's gross profit margin was 54.6%, showing profitability after production and operational costs. The increase since '2021' reflects strengthening financial performance. Industry average for Cable & Other Pay Television Services in '2022' stood at 61.0%. Industry average declined by 0.2% from previous year.
• In '2023', CHTR's gross profit margin was 54.9%, showing profitability after production and operational costs. The increase since '2022' reflects strengthening financial performance. Industry average for Cable & Other Pay Television Services in '2023' stood at 60.9%. Industry average declined by 0.1% from previous year.
• In '2024', CHTR's gross profit margin was 55.9%, showing profitability after production and operational costs. The increase since '2023' reflects strengthening financial performance. Industry average for Cable & Other Pay Television Services in '2024' stood at 61.1%. Industry average increased by 0.2% compared to previous year.
Overall, CHTR's gross profit margin has steadily improved over the past 4 years.

Formula: Gross Profit Margin = (Revenue - COGS) / Revenue

Good Range: Often 20%-60% depending on industry.