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Charter Communications vs Warner Bros. Discovery: revenue, profit, margins and growth compared

Charter Communications brought in $54.8B of revenue in fiscal 2025, Warner Bros. Discovery $37.3B in fiscal 2025. Revenue changed by -0.6% at Charter Communications and -5.1% at Warner Bros. Discovery on the year before, so Charter Communications grew faster. Charter Communications kept 9.1% of its revenue as net profit, Warner Bros. Discovery 1.9%. Free cash flow was $4.4B at Charter Communications and $3.1B at Warner Bros. Discovery.

Side by side, latest fiscal year

CHTRWBD
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$54.8B$37.3B
Revenue growth-0.6%-5.1%
Net income$5B$727M
Net margin9.1%1.9%
Free cash flow$4.4B$3.1B
Free cash flow margin8.1%8.3%
Earnings per share (diluted)$36.21$0.29
Cash$477M$4.6B
Debt$94.8B$32.6B
Price to earnings3.1106.4
Market value$13.5B$77.5B
Dividend yieldn/an/a
Rank by revenue in sector#6 of 51 · Telecommunications#7 of 51 · Telecommunications

Over the years

Revenue
CHTR FY2018: $43.6BCHTR FY2019: $45.8BCHTR FY2020: $48.1BCHTR FY2021: $51.7BCHTR FY2022: $54BCHTR FY2023: $54.6BCHTR FY2024: $55.1BCHTR FY2025: $54.8BWBD FY2018: $10.6BWBD FY2019: $11.1BWBD FY2020: $10.7BWBD FY2021: $12.2BWBD FY2022: $33.8BWBD FY2023: $41.3BWBD FY2024: $39.3BWBD FY2025: $37.3BFY18FY19FY20FY21FY22FY23FY24FY25
CHTR $54.8BWBD $37.3B
Net income
CHTR FY2018: $1.2BCHTR FY2019: $1.7BCHTR FY2020: $3.2BCHTR FY2021: $4.7BCHTR FY2022: $5.1BCHTR FY2023: $4.6BCHTR FY2024: $5.1BCHTR FY2025: $5BWBD FY2018: $594MWBD FY2019: $2.1BWBD FY2020: $1.2BWBD FY2021: $1BWBD FY2022: -$7.4BWBD FY2023: -$3.1BWBD FY2024: -$11.3BWBD FY2025: $727MFY18FY19FY20FY21FY22FY23FY24FY25
CHTR $5BWBD $727M
Net margin
CHTR FY2018: 2.8%CHTR FY2019: 3.6%CHTR FY2020: 6.7%CHTR FY2021: 9.0%CHTR FY2022: 9.4%CHTR FY2023: 8.3%CHTR FY2024: 9.2%CHTR FY2025: 9.1%WBD FY2018: 5.6%WBD FY2019: 18.6%WBD FY2020: 11.4%WBD FY2021: 8.3%WBD FY2022: -21.8%WBD FY2023: -7.6%WBD FY2024: -28.8%WBD FY2025: 1.9%FY18FY19FY20FY21FY22FY23FY24FY25
CHTR 9.1%WBD 1.9%
Revenue growth
CHTR FY2019: +4.9%CHTR FY2020: +5.1%CHTR FY2021: +7.5%CHTR FY2022: +4.5%CHTR FY2023: +1.1%CHTR FY2024: +0.9%CHTR FY2025: -0.6%WBD FY2019: +5.6%WBD FY2020: -4.2%WBD FY2021: +14.2%WBD FY2022: +177.4%WBD FY2023: +22.2%WBD FY2024: -4.8%WBD FY2025: -5.1%FY19FY20FY21FY22FY23FY24FY25
CHTR -0.6%WBD -5.1%
Free cash flow
CHTR FY2018: $2.6BCHTR FY2019: $4.6BCHTR FY2020: $7.1BCHTR FY2021: $8.6BCHTR FY2022: $5.5BCHTR FY2023: $3.3BCHTR FY2024: $3.2BCHTR FY2025: $4.4BWBD FY2018: $2.4BWBD FY2019: $3.1BWBD FY2020: $2.3BWBD FY2021: $2.4BWBD FY2022: $3.3BWBD FY2023: $6.2BWBD FY2024: $4.4BWBD FY2025: $3.1BFY18FY19FY20FY21FY22FY23FY24FY25
CHTR $4.4BWBD $3.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Charter Communications and Warner Bros. Discovery

Which is bigger by revenue, Charter Communications or Warner Bros. Discovery?

Charter Communications is bigger by revenue: $54.8B in fiscal 2025, against $37.3B for Warner Bros. Discovery in fiscal 2025.

Which keeps more of its revenue as profit, Charter Communications or Warner Bros. Discovery?

Charter Communications had a net margin of 9.1% in fiscal 2025; Warner Bros. Discovery had 1.9% in fiscal 2025.

Which grew revenue faster, Charter Communications or Warner Bros. Discovery?

In their latest fiscal years revenue changed by -0.6% at Charter Communications and -5.1% at Warner Bros. Discovery.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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