Comcast (CMCSA) Financials

$35.59 +0.15 (+0.42%)

As of 05/20/2025 04:00 PM Eastern

Annual Income Statements for Comcast

This table shows Comcast's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	16,192	15,388	5,370	14,159	10,534	13,057	11,731	22,735	8,678	8,163
Consolidated Net Income / (Loss)	15,877	15,107	4,925	13,833	10,701	13,323	11,862	22,922	9,028	8,413
Net Income / (Loss) Continuing Operations	15,877	15,107	4,925	13,834	10,701	13,323	11,862	22,922	9,028	8,413
Total Pre-Tax Income	18,673	20,478	9,284	19,093	14,065	16,996	15,242	15,353	14,326	13,372
Total Operating Income	23,297	23,314	14,041	20,817	17,493	21,125	19,009	18,018	16,831	15,998
Total Gross Profit	86,705	84,810	83,214	77,935	70,443	74,502	64,815	59,674	56,388	51,960
Total Revenue	123,731	121,572	121,427	116,385	103,564	108,942	94,507	85,029	80,736	74,510
Operating Revenue	123,731	121,572	121,427	116,385	103,564	108,942	94,507	85,029	80,736	74,510
Total Cost of Revenue	37,026	36,762	38,213	38,450	33,121	34,440	29,692	25,355	24,348	22,550
Operating Cost of Revenue	37,026	36,762	38,213	38,450	33,121	34,440	29,692	25,355	24,348	22,550
Total Operating Expenses	63,407	61,497	69,173	57,118	52,950	53,377	45,806	41,656	39,557	35,962
Selling, General & Admin Expense	40,533	39,190	38,263	35,619	33,109	32,807	28,094	25,449	23,840	21,325
Marketing Expense	8,073	7,971	8,506	7,695	6,741	7,617	7,036	6,519	6,291	5,957
Depreciation Expense	8,729	8,854	8,724	8,628	8,320	8,663	8,281	7,914	7,464	6,781
Amortization Expense	6,072	5,482	5,097	5,176	4,780	4,290	2,736	2,216	1,962	1,899
Impairment Charge	0.00	0.00	8,583	0.00	0.00	-	-	-	-	-
Total Other Income / (Expense), net	-4,624	-2,835	-4,757	-1,724	-3,428	-4,129	-3,767	-2,665	-2,505	-2,626
Interest Expense	4,134	4,087	3,896	4,281	4,588	4,567	3,542	3,086	2,942	2,702
Other Income / (Expense), net	-490	1,252	-861	2,557	1,160	438	-225	421	437	-5.00
Income Tax Expense	2,796	5,371	4,359	5,259	3,364	3,673	3,380	-7,569	5,298	4,959
Net Income / (Loss) Attributable to Noncontrolling Interest	-315	-282	-445	-325	167	266	131	187	350	250
Basic Earnings per Share	$4.17	$3.73	$1.22	$3.09	$2.30	$2.87	$2.56	$4.83	$1.80	$1.64
Weighted Average Basic Shares Outstanding	3.78B	3.97B	4.22B	4.53B	4.58B	4.55B	4.58B	4.71B	4.82B	2.44B
Diluted Earnings per Share	$4.14	$3.71	$1.21	$3.04	$2.28	$2.83	$2.53	$4.75	$1.78	$1.62
Weighted Average Diluted Shares Outstanding	3.78B	3.97B	4.22B	4.53B	4.58B	4.55B	4.58B	4.71B	4.82B	2.44B
Weighted Average Basic & Diluted Shares Outstanding	3.78B	3.97B	4.22B	4.53B	4.58B	4.55B	4.58B	4.71B	4.82B	2.44B
Cash Dividends to Common per Share	$1.24	$1.16	$1.08	$1.00	$0.92	$0.84	$0.76	$0.63	$0.55	$0.50

This table shows Comcast's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	3,375	4,777	3,629	3,929	3,857	3,260	4,046	4,248	3,834	3,023	-4,598
Consolidated Net Income / (Loss)	3,296	4,685	3,576	3,839	3,777	3,154	3,997	4,189	3,767	2,873	-4,665
Net Income / (Loss) Continuing Operations	3,296	4,685	3,576	3,839	3,777	3,154	3,997	4,189	3,767	2,874	-4,666
Total Pre-Tax Income	4,492	3,574	4,819	5,175	5,105	4,044	5,465	5,726	5,243	3,670	-3,652
Total Operating Income	5,658	4,993	5,859	6,635	5,810	4,484	6,475	6,709	5,646	4,529	-2,425
Total Gross Profit	21,472	21,889	21,854	21,727	21,235	20,996	21,463	21,664	20,687	20,745	20,900
Total Revenue	29,887	31,915	32,070	29,688	30,058	31,253	30,115	30,513	29,691	30,552	29,849
Operating Revenue	29,887	31,915	32,070	29,688	30,058	31,253	30,115	30,513	29,691	30,552	29,849
Total Cost of Revenue	8,415	10,026	10,216	7,961	8,823	10,257	8,652	8,849	9,004	9,807	8,949
Operating Cost of Revenue	8,415	10,026	10,216	7,961	8,823	10,257	8,652	8,849	9,004	9,807	8,949
Total Operating Expenses	15,813	16,894	15,995	15,092	15,426	16,513	14,988	14,955	15,041	16,215	23,326
Selling, General & Admin Expense	9,893	10,918	10,128	9,630	9,857	10,943	9,629	9,317	9,301	10,561	9,344
Marketing Expense	2,071	2,144	1,989	1,922	2,018	2,042	1,866	2,100	1,963	2,182	2,066
Depreciation Expense	2,231	2,182	2,219	2,153	2,175	2,192	2,203	2,195	2,264	2,199	2,150
Amortization Expense	1,618	1,650	1,659	1,387	1,376	1,336	1,290	1,343	1,513	1,273	1,183
Total Other Income / (Expense), net	-1,166	-1,420	-1,040	-1,460	-704	-439	-1,010	-983	-403	-861	-1,226
Interest Expense	1,050	1,069	1,037	1,026	1,002	1,019	1,060	998	1,010	975	960
Other Income / (Expense), net	-116	-351	-3.00	-434	298	580	50	15	607	114	-266
Income Tax Expense	1,196	-1,111	1,243	1,336	1,328	890	1,468	1,537	1,476	796	1,014
Net Income / (Loss) Attributable to Noncontrolling Interest	-79	-94	-53	-89	-79	-107	-49	-59	-67	-149	-68
Basic Earnings per Share	$0.90	$1.25	$0.94	$1.01	$0.97	$0.82	$0.98	$1.02	$0.91	$0.72	($1.05)
Weighted Average Basic Shares Outstanding	3.73B	3.78B	3.83B	3.87B	3.92B	3.97B	4.03B	4.13B	4.17B	4.22B	4.32B
Diluted Earnings per Share	$0.89	$1.23	$0.94	$1.00	$0.97	$0.80	$0.98	$1.02	$0.91	$0.72	($1.05)
Weighted Average Diluted Shares Outstanding	3.73B	3.78B	3.83B	3.87B	3.92B	3.97B	4.03B	4.13B	4.17B	4.22B	4.32B
Weighted Average Basic & Diluted Shares Outstanding	3.73B	3.78B	3.83B	3.87B	3.92B	3.97B	4.03B	4.13B	4.17B	4.22B	4.32B
Cash Dividends to Common per Share	$0.33	$0.31	$0.31	$0.31	$0.31	$0.29	$0.29	$0.29	$0.29	$0.27	$0.27

This table details how cash moves in and out of Comcast's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	1,095	1,500	-3,997	-2,989	6,179	1,680	583	156	1,559	-1,615
Net Cash From Operating Activities	27,673	28,501	26,413	29,146	24,737	25,697	24,297	21,261	24,588	19,485
Net Cash From Continuing Operating Activities	27,674	28,501	26,413	29,147	24,737	25,697	24,297	21,261	24,588	19,485
Net Income / (Loss) Continuing Operations	15,877	15,107	4,925	13,833	10,701	13,323	11,862	22,922	13,510	8,413
Consolidated Net Income / (Loss)	15,877	15,107	4,925	13,833	10,701	13,323	11,862	22,922	13,510	8,413
Depreciation Expense	14,802	14,336	13,821	13,804	13,100	12,953	10,676	9,688	11,231	8,680
Non-Cash Adjustments To Reconcile Net Income	2,840	789	11,405	486	920	1,418	1,371	632	976	648
Changes in Operating Assets and Liabilities, net	-5,845	-1,731	-3,738	1,024	16	-1,997	388	-11,981	-1,129	1,744
Net Cash From Investing Activities	-15,670	-7,161	-14,140	-13,446	-12,047	-14,841	-50,854	-13,533	-20,498	-11,964
Net Cash From Continuing Investing Activities	-15,670	-7,161	-14,140	-13,446	-12,047	-14,841	-50,854	-13,533	-20,498	-11,964
Purchase of Property, Plant & Equipment	-12,181	-12,242	-10,626	-9,174	-9,179	-9,953	-9,774	-9,550	-10,587	-8,499
Acquisitions	-2,949	-3,298	-3,141	-4,257	-2,688	-2,845	-40,154	-2,555	-6,397	-3,334
Purchase of Investments	-1,082	-1,313	-2,274	-174	-812	-1,899	-1,257	-2,292	-1,987	-784
Divestitures	771	661	1,985	684	2,339	886	141	150	327	433
Other Investing Activities, net	-229	9,031	-84	-525	-1,707	-1,030	190	714	-1,854	220
Net Cash From Financing Activities	-10,883	-19,850	-16,184	-18,618	-6,513	-9,181	27,140	-7,572	-2,531	-9,136
Net Cash From Continuing Financing Activities	-10,883	-19,850	-16,185	-18,618	-6,513	-9,181	27,140	-7,572	-1,643	-9,136
Repayment of Debt	-3,234	-9,845	-861	-12,042	-20,483	-15,596	-9,348	-8,269	-2,691	-4,243
Repurchase of Common Equity	-9,103	-11,291	-13,328	-4,672	-534	-504	-5,320	-5,435	-5,352	-7,175
Payment of Dividends	-4,814	-4,766	-4,741	-4,532	-4,140	-3,735	-3,352	-5,434	-2,854	-2,669
Issuance of Debt	6,268	6,052	2,745	2,628	18,644	5,479	45,160	11,566	9,231	5,486
Effect of Exchange Rate Changes	-26	9.00	-86	-71	2.00	5.00	-	-	0.00	-

This table details how cash moves in and out of Comcast's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	1,275	-1,501	2,737	-445	304	-207	-713	1,624	796	-948	-1,129
Net Cash From Operating Activities	8,294	8,080	7,021	4,724	7,848	5,922	8,153	7,198	7,228	5,883	6,946
Net Cash From Continuing Operating Activities	8,295	8,080	7,022	4,725	7,847	5,922	8,152	7,199	7,228	5,882	6,948
Net Income / (Loss) Continuing Operations	3,296	4,685	3,576	3,839	3,777	3,153	3,997	4,190	3,767	2,873	-4,665
Consolidated Net Income / (Loss)	3,296	4,685	3,576	3,839	3,777	3,153	3,997	4,190	3,767	2,873	-4,665
Depreciation Expense	3,849	3,833	3,878	3,540	3,551	3,529	3,492	3,538	3,777	3,472	3,333
Non-Cash Adjustments To Reconcile Net Income	743	906	636	986	312	-135	470	534	-80	427	9,274
Changes in Operating Assets and Liabilities, net	407	-1,344	-1,068	-3,640	207	-625	193	-1,063	-236	-890	-994
Net Cash From Investing Activities	-2,958	-5,111	-3,680	-3,368	-3,511	4,557	-4,190	-4,158	-3,370	-3,982	-3,366
Net Cash From Continuing Investing Activities	-2,959	-5,112	-3,678	-3,368	-3,512	4,557	-4,192	-4,156	-3,370	-3,982	-3,367
Purchase of Property, Plant & Equipment	-2,252	-3,914	-2,913	-2,724	-2,630	-3,320	-3,295	-2,963	-2,664	-3,564	-2,792
Acquisitions	-622	-906	-702	-662	-679	-893	-828	-812	-765	-989	-769
Purchase of Investments	-145	-148	-228	-302	-404	-364	-356	-444	-149	-185	-925
Divestitures	43	82	132	283	274	251	41	26	343	788	1,089
Other Investing Activities, net	17	-226	33	37	-73	8,883	246	37	-135	-32	30
Net Cash From Financing Activities	-4,075	-4,424	-642	-1,794	-4,023	-10,714	-4,644	-1,410	-3,082	-2,885	-4,663
Net Cash From Continuing Financing Activities	-4,076	-4,424	-641	-1,795	-4,023	-10,713	-4,646	-1,409	-3,082	-2,885	-4,663
Repayment of Debt	-612	-1,051	-447	-1,544	-192	-6,018	94	-3,130	-791	-779	56
Repurchase of Common Equity	-2,240	-2,183	-1,990	-2,266	-2,664	-3,521	-3,543	-2,051	-2,176	-3,515	-3,525
Payment of Dividends	-1,224	-1,190	-1,206	-1,225	-1,193	-1,180	-1,199	-1,213	-1,174	-1,170	-1,194
Issuance of Debt	0.00	-	3,002	3,240	26	6.00	2.00	4,985	1,059	2,579	-
Effect of Exchange Rate Changes	14	-47	38	-7.00	-10	27	-32	-6.00	20	36	-46

This table presents Comcast's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	266,211	264,811	257,275	275,905	273,869	263,414	251,684	115,967	114,663	166,574
Total Current Assets	26,801	23,987	21,826	24,807	26,741	25,392	21,848	0.00	1,772	12,303
Cash & Equivalents	7,322	6,215	4,749	8,711	11,740	5,500	3,814	-	-	2,295
Accounts Receivable	13,661	13,813	12,672	12,008	11,466	11,292	11,104	-	-	6,896
Other Current Assets	5,817	3,959	4,406	4,088	3,535	4,723	3,184	-	1,772	1,899
Plant, Property, & Equipment, net	62,548	59,686	55,485	54,047	51,995	48,322	44,437	38,470	36,253	33,665
Total Noncurrent Assets	176,862	181,138	179,964	197,051	195,133	189,700	185,399	77,497	76,638	114,751
Long-Term Investments	8,647	9,385	7,740	8,082	7,820	7,683	7,883	-	-	3,224
Goodwill	58,209	59,268	58,494	70,189	70,669	68,725	66,154	-	-	32,945
Intangible Assets	97,505	87,232	101,233	92,945	94,754	104,426	105,560	77,497	76,638	76,310
Other Noncurrent Operating Assets	12,501	25,253	12,497	25,835	21,890	8,866	5,802	-	-	2,272
Total Liabilities & Shareholders' Equity	266,211	264,811	257,275	275,905	273,869	263,414	251,684	80,431	101,953	166,574
Total Liabilities	179,936	181,344	175,236	177,897	180,851	178,168	177,866	10,972	45,779	111,375
Total Current Liabilities	39,581	40,198	27,887	29,348	28,796	30,292	27,603	0.00	0.00	18,178
Short-Term Debt	4,907	2,069	1,743	2,132	3,146	4,452	4,398	-	-	3,627
Accounts Payable	11,321	12,437	12,544	12,455	11,364	10,826	8,494	-	-	6,215
Accrued Expenses	10,679	13,284	11,220	11,721	11,323	12,246	12,529	-	-	7,034
Current Deferred Revenue	3,507	3,242	2,380	3,040	2,963	2,768	2,182	-	-	1,302
Other Current Liabilities	9,167	9,167	0.00	-	-	-	0.00	-	-	-
Total Noncurrent Liabilities	140,355	141,146	147,349	148,549	152,055	147,876	150,263	10,972	45,779	93,197
Long-Term Debt	94,186	95,021	93,068	92,718	100,614	97,765	107,345	-	-	48,994
Noncurrent Deferred & Payable Income Tax Liabilities	25,227	26,003	28,714	30,041	28,051	28,180	27,589	-	34,854	33,566
Other Noncurrent Operating Liabilities	20,942	20,122	25,567	25,790	23,390	21,931	15,329	10,972	10,925	10,637
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Redeemable Noncontrolling Interest	237	241	411	519	1,280	1,372	1,316	-	-	1,221
Total Equity & Noncontrolling Interests	86,038	83,226	81,627	97,490	91,738	83,874	72,502	69,459	56,174	53,978
Total Preferred & Common Equity	85,560	82,703	80,943	96,092	90,323	82,726	71,613	68,616	53,943	52,269
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	85,561	82,655	80,944	96,092	90,269	82,726	71,613	68,182	53,789	52,269
Common Stock	38,149	38,533	39,463	40,227	39,464	38,501	37,515	37,497	38,230	38,547
Retained Earnings	56,972	52,892	51,609	61,902	56,438	50,695	41,983	38,202	23,076	21,413
Treasury Stock	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517
Accumulated Other Comprehensive Income / (Loss)	-2,043	-1,253	-2,611	1,480	1,884	1,047	-368	-	-	-174
Noncontrolling Interest	477	523	684	1,398	1,415	1,148	889	843	2,231	1,709

This table presents Comcast's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	267,770	266,211	269,871	262,555	263,601	264,811	261,072	262,147	259,429	257,275	254,308
Total Current Assets	27,314	26,801	27,186	23,452	23,978	23,987	24,141	24,922	22,377	21,826	23,416
Cash & Equivalents	8,593	7,322	8,814	6,065	6,515	6,215	6,435	7,146	5,535	4,749	5,695
Accounts Receivable	12,881	13,661	14,036	13,167	13,144	13,813	12,835	12,980	12,287	12,672	11,918
Other Current Assets	5,840	5,817	4,336	4,220	4,319	3,959	4,870	4,796	4,555	4,406	5,803
Plant, Property, & Equipment, net	63,292	62,548	61,775	60,507	59,918	59,686	58,165	56,851	56,279	55,485	53,555
Total Noncurrent Assets	177,164	176,862	180,911	178,596	179,705	181,138	178,767	180,373	180,774	179,964	177,336
Long-Term Investments	8,524	8,647	9,021	9,171	9,548	9,385	8,041	7,761	7,834	7,740	7,318
Goodwill	59,094	58,209	60,076	58,376	58,668	59,268	58,069	59,042	58,960	58,494	56,414
Intangible Assets	97,082	97,505	99,128	98,581	99,185	87,232	87,235	100,767	88,369	101,233	100,654
Other Noncurrent Operating Assets	12,464	12,501	12,686	12,468	12,304	25,253	25,422	12,803	25,611	12,497	12,950
Total Liabilities & Shareholders' Equity	267,770	266,211	269,871	262,555	263,601	264,811	261,072	262,147	259,429	257,275	254,308
Total Liabilities	180,470	179,936	183,329	178,615	180,308	181,344	177,679	177,229	175,975	175,236	172,965
Total Current Liabilities	42,325	39,581	37,786	35,342	40,324	40,198	34,468	32,925	32,415	27,887	27,999
Short-Term Debt	6,848	4,907	2,610	1,021	2,502	2,069	2,978	2,524	1,130	1,743	2,047
Accounts Payable	11,545	11,321	11,779	11,736	11,792	12,437	12,214	12,213	12,159	12,544	12,241
Accrued Expenses	11,000	10,679	10,453	9,475	13,417	13,284	10,536	9,688	11,289	11,220	10,954
Current Deferred Revenue	3,766	3,507	3,778	3,943	3,446	3,242	3,566	3,327	2,663	2,380	2,757
Other Current Liabilities	9,167	9,167	9,167	9,167	9,167	9,167	5,174	5,173	5,173	0.00	-
Total Noncurrent Liabilities	138,145	140,355	145,543	143,273	139,984	141,146	143,211	144,304	143,560	147,349	144,966
Long-Term Debt	92,274	94,186	98,754	97,107	94,071	95,021	94,351	94,972	94,403	93,068	90,404
Noncurrent Deferred & Payable Income Tax Liabilities	25,136	25,227	26,263	26,252	25,978	26,003	29,092	29,052	28,804	28,714	29,102
Other Noncurrent Operating Liabilities	20,735	20,942	20,526	19,914	19,935	20,122	19,768	20,280	20,353	25,567	25,460
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	244	237	224	236	243	241	230	239	422	411	409
Total Equity & Noncontrolling Interests	87,056	86,038	86,318	83,704	83,049	83,226	83,163	84,679	83,033	81,627	80,933
Total Preferred & Common Equity	86,638	85,560	85,774	83,219	82,549	82,703	82,625	84,119	82,421	80,943	80,296
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	86,637	85,561	85,774	83,219	82,550	82,655	82,624	84,119	82,371	80,944	80,296
Common Stock	37,878	38,149	38,194	38,250	38,322	38,533	38,915	39,168	39,262	39,463	39,827
Retained Earnings	57,473	56,972	55,105	54,308	53,425	52,892	53,751	53,900	52,524	51,609	52,541
Treasury Stock	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517	-7,517
Accumulated Other Comprehensive Income / (Loss)	-1,197	-2,043	-8.00	-1,822	-1,680	-1,253	-2,525	-1,432	-1,898	-2,611	-4,555
Noncontrolling Interest	418	477	544	485	500	523	538	559	612	684	637

This table displays calculated financial ratios and metrics derived from Comcast's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.78%	0.12%	4.33%	12.38%	-4.94%	15.27%	11.15%	5.32%	8.36%	8.34%
EBITDA Growth	-3.32%	44.08%	-27.37%	17.09%	-8.01%	17.16%	4.74%	-1.31%	15.51%	8.19%
EBIT Growth	-7.16%	86.39%	-43.61%	25.31%	-13.50%	14.79%	1.87%	6.78%	7.97%	8.16%
NOPAT Growth	15.17%	130.91%	-50.62%	13.33%	-19.63%	11.94%	-45.01%	153.62%	5.38%	-2.03%
Net Income Growth	5.10%	206.74%	-64.40%	29.27%	-19.68%	12.32%	-48.25%	153.90%	7.31%	-2.08%
EPS Growth	11.59%	206.61%	-60.20%	33.33%	-19.43%	11.86%	-46.74%	166.85%	7.31%	-2.08%
Operating Cash Flow Growth	-2.91%	7.91%	-9.38%	17.82%	-3.74%	5.76%	14.28%	-13.53%	26.19%	14.99%
Free Cash Flow Firm Growth	-7.46%	-13.30%	17.96%	56.55%	-35.76%	129.85%	-487.13%	-124.92%	270.70%	-317.18%
Invested Capital Growth	2.69%	0.36%	-6.65%	-0.65%	1.69%	0.24%	65.59%	52.42%	-27.67%	49.93%
Revenue Q/Q Growth	0.54%	0.58%	0.18%	2.31%	-0.66%	0.51%	6.50%	0.85%	2.69%	2.07%
EBITDA Q/Q Growth	-0.31%	1.24%	-1.72%	-0.33%	1.15%	2.85%	6.25%	-1.98%	10.41%	1.16%
EBIT Q/Q Growth	-1.82%	1.74%	-2.68%	-1.91%	1.56%	4.75%	-0.29%	-1.97%	4.78%	0.65%
NOPAT Q/Q Growth	15.99%	-0.17%	-1.89%	4.01%	-7.35%	2.29%	-49.01%	125.68%	1.81%	1.27%
Net Income Q/Q Growth	10.67%	1.90%	-2.13%	-3.20%	2.26%	4.86%	-51.25%	123.17%	3.96%	0.72%
EPS Q/Q Growth	11.59%	2.20%	4.31%	-1.94%	2.24%	3.66%	-52.44%	121.96%	3.96%	0.72%
Operating Cash Flow Q/Q Growth	8.46%	0.14%	-6.40%	9.99%	-4.60%	1.76%	32.49%	-33.62%	25.06%	5.58%
Free Cash Flow Firm Q/Q Growth	15.95%	41.18%	-8.30%	22.35%	-6.93%	133.61%	29.21%	-111.71%	345.86%	-164.36%
Invested Capital Q/Q Growth	-0.40%	-0.78%	2.23%	1.14%	2.53%	2.75%	64.95%	0.00%	3.22%	47.41%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.08%	69.76%	68.53%	66.96%	68.02%	68.39%	68.58%	70.18%	69.84%	69.74%
EBITDA Margin	30.40%	32.00%	22.24%	31.94%	30.66%	31.68%	31.17%	33.08%	35.30%	33.11%
Operating Margin	18.83%	19.18%	11.56%	17.89%	16.89%	19.39%	20.11%	21.19%	20.85%	21.47%
EBIT Margin	18.43%	20.21%	10.85%	20.08%	18.01%	19.79%	19.88%	21.69%	21.39%	21.46%
Profit (Net Income) Margin	12.83%	12.43%	4.06%	11.89%	10.33%	12.23%	12.55%	26.96%	11.18%	11.29%
Tax Burden Percent	85.03%	73.77%	53.05%	72.45%	76.08%	78.39%	77.82%	149.30%	63.02%	62.92%
Interest Burden Percent	81.87%	83.36%	70.44%	81.68%	75.40%	78.82%	81.14%	83.26%	82.96%	83.61%
Effective Tax Rate	14.97%	26.23%	46.95%	27.54%	23.92%	21.61%	22.18%	-49.30%	36.98%	37.09%
Return on Invested Capital (ROIC)	11.85%	10.45%	4.38%	8.54%	7.57%	9.51%	10.61%	30.94%	12.93%	12.68%
ROIC Less NNEP Spread (ROIC-NNEP)	7.07%	7.89%	1.23%	7.00%	4.56%	6.09%	6.29%	14.45%	6.94%	6.14%
Return on Net Nonoperating Assets (RNNOA)	6.86%	7.81%	1.09%	5.94%	4.43%	7.24%	5.95%	5.55%	3.29%	2.86%
Return on Equity (ROE)	18.71%	18.26%	5.47%	14.48%	12.01%	16.75%	16.56%	36.49%	16.21%	15.54%
Cash Return on Invested Capital (CROIC)	9.19%	10.08%	11.25%	9.19%	5.90%	9.27%	-38.78%	-10.59%	45.04%	-27.27%
Operating Return on Assets (OROA)	8.59%	9.41%	4.94%	8.50%	6.94%	8.37%	10.22%	15.99%	12.28%	11.65%
Return on Assets (ROA)	5.98%	5.79%	1.85%	5.03%	3.98%	5.17%	6.45%	19.88%	6.42%	6.13%
Return on Common Equity (ROCE)	18.54%	18.05%	5.38%	14.13%	11.65%	16.25%	16.16%	35.43%	15.44%	15.09%
Return on Equity Simple (ROE_SIMPLE)	18.56%	18.27%	6.08%	14.40%	11.85%	16.11%	16.56%	33.41%	16.74%	16.10%
Net Operating Profit after Tax (NOPAT)	19,809	17,199	7,449	15,083	13,309	16,560	14,794	26,901	10,607	10,065
NOPAT Margin	16.01%	14.15%	6.13%	12.96%	12.85%	15.20%	15.65%	31.64%	13.14%	13.51%
Net Nonoperating Expense Percent (NNEP)	4.78%	2.55%	3.15%	1.54%	3.01%	3.42%	4.32%	16.49%	5.99%	6.55%
Return On Investment Capital (ROIC_SIMPLE)	10.70%	9.54%	4.22%	7.84%	6.81%	8.90%	8.03%	38.73%	18.88%	9.44%
Cost of Revenue to Revenue	29.92%	30.24%	31.47%	33.04%	31.98%	31.61%	31.42%	29.82%	30.16%	30.26%
SG&A Expenses to Revenue	32.76%	32.24%	31.51%	30.60%	31.97%	30.11%	29.73%	29.93%	29.53%	28.62%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	51.25%	50.58%	56.97%	49.08%	51.13%	49.00%	48.47%	48.99%	49.00%	48.26%
Earnings before Interest and Taxes (EBIT)	22,807	24,566	13,180	23,374	18,653	21,563	18,784	18,439	17,268	15,993
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	37,609	38,902	27,001	37,178	31,753	34,516	29,460	28,127	28,499	24,673
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.66	2.06	1.75	2.18	2.38	2.16	1.87	2.31	1.27	1.08
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.15	1.40	1.16	1.80	2.07	1.64	1.41	1.85	0.85	0.76
Price to Earnings (P/E)	8.80	11.04	26.33	14.80	20.37	13.72	11.39	6.92	7.90	6.90
Dividend Yield	4.06%	2.70%	3.24%	2.14%	1.92%	2.08%	2.59%	2.22%	3.84%	4.25%
Earnings Yield	11.37%	9.06%	3.80%	6.76%	4.91%	7.29%	8.78%	14.46%	12.66%	14.49%
Enterprise Value to Invested Capital (EV/IC)	1.34	1.53	1.37	1.64	1.70	1.55	1.36	1.51	1.03	1.12
Enterprise Value to Revenue (EV/Rev)	1.83	2.07	1.85	2.49	2.91	2.48	2.50	1.86	0.88	1.43
Enterprise Value to EBITDA (EV/EBITDA)	6.02	6.48	8.33	7.79	9.49	7.84	8.01	5.62	2.48	4.31
Enterprise Value to EBIT (EV/EBIT)	9.92	10.27	17.06	12.39	16.16	12.55	12.56	8.57	4.10	6.65
Enterprise Value to NOPAT (EV/NOPAT)	11.42	14.66	30.18	19.19	22.65	16.34	15.94	5.88	6.67	10.57
Enterprise Value to Operating Cash Flow (EV/OCF)	8.18	8.85	8.51	9.93	12.19	10.53	9.71	7.44	2.88	5.46
Enterprise Value to Free Cash Flow (EV/FCFF)	14.72	15.19	11.74	17.83	29.07	16.76	0.00	0.00	1.92	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.15	1.16	1.16	0.97	1.12	1.20	1.51	0.00	0.00	0.95
Long-Term Debt to Equity	1.09	1.14	1.13	0.95	1.08	1.15	1.45	0.00	0.00	0.89
Financial Leverage	0.97	0.99	0.89	0.85	0.97	1.19	0.95	0.38	0.47	0.47
Leverage Ratio	3.13	3.15	2.96	2.88	3.01	3.24	2.57	1.84	2.53	2.54
Compound Leverage Factor	2.56	2.63	2.09	2.35	2.27	2.55	2.08	1.53	2.10	2.12
Debt to Total Capital	53.46%	53.77%	53.61%	49.18%	52.73%	54.53%	60.22%	0.00%	0.00%	48.80%
Short-Term Debt to Total Capital	2.65%	1.15%	0.99%	1.11%	1.60%	2.37%	2.37%	0.00%	0.00%	3.36%
Long-Term Debt to Total Capital	50.81%	52.63%	52.63%	48.08%	51.13%	52.15%	57.85%	0.00%	0.00%	45.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.39%	0.42%	0.62%	0.99%	1.37%	1.34%	1.19%	1.21%	3.97%	2.72%
Common Equity to Total Capital	46.16%	45.78%	45.77%	49.83%	45.87%	44.13%	38.59%	98.16%	95.75%	48.48%
Debt to EBITDA	2.63	2.50	3.51	2.55	3.27	2.96	3.79	0.00	0.00	2.13
Net Debt to EBITDA	2.21	2.09	3.05	2.10	2.65	2.58	3.40	0.00	0.00	1.91
Long-Term Debt to EBITDA	2.50	2.44	3.45	2.49	3.17	2.83	3.64	0.00	0.00	1.99
Debt to NOPAT	5.00	5.65	12.73	6.29	7.80	6.17	7.55	0.00	0.00	5.23
Net Debt to NOPAT	4.20	4.74	11.05	5.18	6.33	5.38	6.76	0.00	0.00	4.68
Long-Term Debt to NOPAT	4.75	5.52	12.49	6.15	7.56	5.90	7.26	0.00	0.00	4.87
Altman Z-Score	1.46	1.53	1.38	1.70	1.59	1.53	1.28	10.32	2.40	1.21
Noncontrolling Interest Sharing Ratio	0.90%	1.15%	1.67%	2.44%	2.96%	2.97%	2.43%	2.91%	4.77%	2.93%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.68	0.60	0.78	0.85	0.93	0.84	0.79	0.00	0.00	0.68
Quick Ratio	0.53	0.50	0.62	0.71	0.81	0.55	0.54	0.00	0.00	0.51
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	15,367	16,605	19,152	16,236	10,371	16,144	-54,075	-9,210	36,956	-21,649
Operating Cash Flow to CapEx	227.18%	232.81%	248.57%	317.70%	269.50%	258.18%	248.59%	222.63%	232.25%	229.26%
Free Cash Flow to Firm to Interest Expense	3.72	4.06	4.92	3.79	2.26	3.53	-15.27	-2.98	12.56	-8.01
Operating Cash Flow to Interest Expense	6.69	6.97	6.78	6.81	5.39	5.63	6.86	6.89	8.36	7.21
Operating Cash Flow Less CapEx to Interest Expense	3.75	3.98	4.05	4.67	3.39	3.45	4.10	3.79	4.76	4.07
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.47	0.46	0.42	0.39	0.42	0.51	0.74	0.57	0.54
Accounts Receivable Turnover	9.01	9.18	9.84	9.92	9.10	9.73	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	9.04	0.00	0.00	0.00	0.00
Fixed Asset Turnover	2.02	2.11	2.22	2.20	2.06	2.35	2.28	2.28	2.31	2.31
Accounts Payable Turnover	3.12	2.94	3.06	3.23	2.99	3.57	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	40.52	39.76	37.09	36.81	40.10	37.52	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	40.39	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	117.10	124.01	119.39	113.06	122.27	102.38	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	-76.58	-84.26	-82.30	-76.25	-82.17	-24.47	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	169,398	164,956	164,362	176,065	177,218	174,280	173,864	104,995	68,884	95,233
Invested Capital Turnover	0.74	0.74	0.71	0.66	0.59	0.63	0.68	0.98	0.98	0.94
Increase / (Decrease) in Invested Capital	4,442	594	-11,703	-1,153	2,938	416	68,869	36,111	-26,349	31,714
Enterprise Value (EV)	226,251	252,175	224,818	289,489	301,470	270,640	235,862	158,093	70,776	106,350
Market Capitalization	142,413	169,921	141,401	209,515	214,575	179,086	133,611	157,250	68,545	56,318
Book Value per Share	$22.36	$20.54	$18.72	$21.03	$19.73	$18.18	$15.74	$14.59	$22.48	$21.27
Tangible Book Value per Share	($18.33)	($15.86)	($18.22)	($14.67)	($16.43)	($19.88)	($22.00)	($1.99)	($9.55)	($23.19)
Total Capital	185,368	180,557	176,849	192,859	196,778	187,463	185,561	69,459	56,174	107,820
Total Debt	99,093	97,090	94,811	94,850	103,760	102,217	111,743	0.00	0.00	52,621
Total Long-Term Debt	94,186	95,021	93,068	92,718	100,614	97,765	107,345	0.00	0.00	48,994
Net Debt	83,124	81,490	82,322	78,057	84,200	89,034	100,046	0.00	0.00	47,102
Capital Expenditures (CapEx)	12,181	12,242	10,626	9,174	9,179	9,953	9,774	9,550	10,587	8,499
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-15,195	-20,357	-9,067	-11,120	-10,649	-5,948	-5,171	0.00	1,772	-4,543
Debt-free Net Working Capital (DFNWC)	-7,873	-14,142	-4,318	-2,409	1,091	-448	-1,357	0.00	1,772	-2,248
Net Working Capital (NWC)	-12,780	-16,211	-6,061	-4,541	-2,055	-4,900	-5,755	0.00	1,772	-5,875
Net Nonoperating Expense (NNE)	3,932	2,092	2,524	1,250	2,608	3,237	2,932	3,979	1,579	1,652
Net Nonoperating Obligations (NNO)	83,123	81,489	82,324	78,056	84,200	89,034	100,046	35,536	12,710	40,034
Total Depreciation and Amortization (D&A)	14,802	14,336	13,821	13,804	13,100	12,953	10,676	9,688	11,231	8,680
Debt-free, Cash-free Net Working Capital to Revenue	-12.28%	-16.74%	-7.47%	-9.55%	-10.28%	-5.46%	-5.47%	0.00%	2.19%	-6.10%
Debt-free Net Working Capital to Revenue	-6.36%	-11.63%	-3.56%	-2.07%	1.05%	-0.41%	-1.44%	0.00%	2.19%	-3.02%
Net Working Capital to Revenue	-10.33%	-13.33%	-4.99%	-3.90%	-1.98%	-4.50%	-6.09%	0.00%	2.19%	-7.88%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.17	$3.73	$1.22	$3.09	$2.30	$2.87	$2.56	$4.82	$3.61	$3.28
Adjusted Weighted Average Basic Shares Outstanding	3.78B	3.97B	4.22B	4.53B	4.58B	4.55B	4.53B	4.64B	2.38B	2.44B
Adjusted Diluted Earnings per Share	$4.14	$3.71	$1.21	$3.04	$2.28	$2.83	$2.53	$4.75	$3.57	$3.24
Adjusted Weighted Average Diluted Shares Outstanding	3.78B	3.97B	4.22B	4.53B	4.58B	4.55B	4.53B	4.64B	2.38B	2.44B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$2.87	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	3.78B	3.97B	4.22B	4.53B	4.58B	4.55B	4.53B	4.64B	2.38B	2.44B
Normalized Net Operating Profit after Tax (NOPAT)	19,809	17,199	12,002	15,083	13,309	16,560	14,528	12,303	10,607	10,065
Normalized NOPAT Margin	16.01%	14.15%	9.88%	12.96%	12.85%	15.20%	15.37%	14.47%	13.14%	13.51%
Pre Tax Income Margin	15.09%	16.84%	7.65%	16.41%	13.58%	15.60%	16.13%	18.06%	17.74%	17.95%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.52	6.01	3.38	5.46	4.07	4.72	5.30	5.98	5.87	5.92
NOPAT to Interest Expense	4.79	4.21	1.91	3.52	2.90	3.63	4.18	8.72	3.61	3.73
EBIT Less CapEx to Interest Expense	2.57	3.02	0.66	3.32	2.07	2.54	2.54	2.88	2.27	2.77
NOPAT Less CapEx to Interest Expense	1.85	1.21	-0.82	1.38	0.90	1.45	1.42	5.62	0.01	0.58
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.32%	31.55%	96.26%	32.76%	38.69%	28.03%	28.26%	23.71%	31.61%	31.72%
Augmented Payout Ratio	87.66%	106.29%	366.88%	66.54%	43.68%	31.82%	73.11%	47.42%	90.90%	117.01%

This table displays calculated financial ratios and metrics derived from Comcast's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.57%	2.12%	6.49%	-2.70%	1.24%	2.29%	0.89%	1.66%	-4.25%	0.71%	-1.48%
EBITDA Growth	-2.77%	-1.37%	-2.83%	-5.08%	-3.70%	5.89%	1,460.28%	14.81%	7.78%	-5.51%	-93.38%
EBIT Growth	-9.27%	-8.33%	-10.25%	-7.78%	-2.32%	9.07%	342.47%	22.93%	8.60%	-7.25%	-143.29%
NOPAT Growth	-3.42%	87.15%	-8.19%	0.28%	5.97%	-1.40%	378.98%	7.08%	-0.19%	-4.10%	-140.93%
Net Income Growth	-12.74%	48.54%	-10.53%	-8.36%	0.27%	9.78%	185.68%	29.25%	8.37%	-3.59%	-218.67%
EPS Growth	-8.25%	53.75%	-4.08%	-1.96%	6.59%	11.11%	193.33%	34.21%	16.67%	7.46%	-222.09%
Operating Cash Flow Growth	5.68%	36.44%	-13.88%	-34.37%	8.58%	0.66%	17.38%	13.77%	-0.40%	-23.49%	13.87%
Free Cash Flow Firm Growth	-122.07%	-27.56%	171.58%	-41.69%	-50.41%	-80.96%	-106.30%	42.48%	116.87%	214.35%	297.74%
Invested Capital Growth	3.36%	2.69%	2.30%	-0.40%	-1.10%	0.36%	3.40%	-2.72%	-4.76%	-6.65%	-7.64%
Revenue Q/Q Growth	-6.35%	-0.48%	8.02%	-1.23%	-3.82%	3.78%	-1.30%	2.77%	-2.82%	2.36%	-0.56%
EBITDA Q/Q Growth	10.81%	-12.93%	-0.07%	0.85%	12.41%	-14.22%	-2.39%	2.31%	23.60%	1,164.02%	-92.82%
EBIT Q/Q Growth	19.39%	-20.73%	-5.56%	1.52%	20.62%	-22.39%	-2.96%	7.53%	34.68%	272.54%	-149.20%
NOPAT Q/Q Growth	-36.57%	50.54%	-11.67%	14.50%	22.92%	-26.15%	-3.51%	20.99%	14.38%	308.94%	-137.03%
Net Income Q/Q Growth	-29.65%	31.01%	-6.85%	1.64%	19.75%	-21.09%	-4.58%	11.20%	31.12%	161.59%	-243.94%
EPS Q/Q Growth	-27.64%	30.85%	-6.00%	3.09%	21.25%	-18.37%	-3.92%	12.09%	26.39%	168.57%	-238.16%
Operating Cash Flow Q/Q Growth	2.65%	15.08%	48.62%	-39.81%	32.52%	-27.36%	13.27%	-0.42%	22.86%	-15.30%	9.78%
Free Cash Flow Firm Q/Q Growth	-164.16%	302.32%	-90.66%	-8.50%	110.65%	497.53%	-107.61%	-22.19%	-19.12%	31.53%	72.14%
Invested Capital Q/Q Growth	-0.06%	-0.40%	1.94%	1.85%	-0.70%	-0.78%	-0.75%	1.14%	0.77%	2.23%	-6.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	71.84%	68.59%	68.14%	73.18%	70.65%	67.18%	71.27%	71.00%	69.67%	67.90%	70.02%
EBITDA Margin	31.42%	26.55%	30.35%	32.81%	32.13%	27.50%	33.26%	33.63%	33.78%	26.56%	2.15%
Operating Margin	18.93%	15.64%	18.27%	22.35%	19.33%	14.35%	21.50%	21.99%	19.02%	14.82%	-8.12%
EBIT Margin	18.54%	14.54%	18.26%	20.89%	20.32%	16.20%	21.67%	22.04%	21.06%	15.20%	-9.02%
Profit (Net Income) Margin	11.03%	14.68%	11.15%	12.93%	12.57%	10.09%	13.27%	13.73%	12.69%	9.40%	-15.63%
Tax Burden Percent	73.37%	131.09%	74.21%	74.18%	73.99%	77.99%	73.14%	73.16%	71.85%	78.28%	127.74%
Interest Burden Percent	81.05%	76.99%	82.29%	83.45%	83.58%	79.86%	83.75%	85.16%	83.85%	79.04%	135.71%
Effective Tax Rate	26.63%	-31.09%	25.79%	25.82%	26.01%	22.01%	26.86%	26.84%	28.15%	21.69%	0.00%
Return on Invested Capital (ROIC)	10.31%	15.18%	9.92%	12.01%	10.59%	8.26%	11.62%	11.42%	9.67%	8.28%	-4.12%
ROIC Less NNEP Spread (ROIC-NNEP)	9.25%	12.92%	8.99%	10.70%	9.95%	7.84%	10.71%	10.53%	9.30%	7.44%	-7.93%
Return on Net Nonoperating Assets (RNNOA)	8.81%	12.53%	8.81%	10.49%	9.70%	7.76%	10.56%	9.57%	8.25%	6.63%	-6.89%
Return on Equity (ROE)	19.12%	27.71%	18.73%	22.50%	20.29%	16.02%	22.18%	20.99%	17.92%	14.91%	-11.01%
Cash Return on Invested Capital (CROIC)	8.54%	9.19%	7.88%	10.85%	11.70%	10.08%	7.19%	7.54%	9.32%	11.25%	12.47%
Operating Return on Assets (OROA)	8.62%	6.78%	8.47%	9.64%	9.48%	7.55%	10.16%	10.04%	9.48%	6.92%	-4.11%
Return on Assets (ROA)	5.13%	6.84%	5.17%	5.97%	5.86%	4.70%	6.23%	6.26%	5.71%	4.28%	-7.13%
Return on Common Equity (ROCE)	18.96%	27.46%	18.56%	22.30%	20.07%	15.84%	21.94%	20.70%	17.63%	14.66%	-10.82%
Return on Equity Simple (ROE_SIMPLE)	17.77%	0.00%	16.73%	17.74%	18.31%	0.00%	17.94%	7.33%	6.33%	0.00%	6.27%
Net Operating Profit after Tax (NOPAT)	4,152	6,545	4,348	4,922	4,299	3,497	4,736	4,908	4,057	3,547	-1,698
NOPAT Margin	13.89%	20.51%	13.56%	16.58%	14.30%	11.19%	15.73%	16.09%	13.66%	11.61%	-5.69%
Net Nonoperating Expense Percent (NNEP)	1.05%	2.26%	0.93%	1.31%	0.64%	0.42%	0.91%	0.89%	0.36%	0.84%	3.81%
Return On Investment Capital (ROIC_SIMPLE)	2.23%	3.54%	2.32%	2.71%	2.39%	1.94%	2.62%	2.69%	2.27%	2.01%	-0.98%
Cost of Revenue to Revenue	28.16%	31.41%	31.86%	26.82%	29.35%	32.82%	28.73%	29.00%	30.33%	32.10%	29.98%
SG&A Expenses to Revenue	33.10%	34.21%	31.58%	32.44%	32.79%	35.01%	31.97%	30.53%	31.33%	34.57%	31.30%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	52.91%	52.93%	49.88%	50.84%	51.32%	52.84%	49.77%	49.01%	50.66%	53.07%	78.15%
Earnings before Interest and Taxes (EBIT)	5,542	4,642	5,856	6,201	6,108	5,064	6,525	6,724	6,253	4,643	-2,691
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	9,391	8,475	9,734	9,741	9,659	8,593	10,017	10,262	10,030	8,115	642
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.60	1.66	1.86	1.80	2.05	2.06	2.12	1.96	1.83	1.75	1.49
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.12	1.15	1.29	1.24	1.39	1.40	1.45	1.36	1.25	1.16	0.99
Price to Earnings (P/E)	8.80	8.80	10.85	9.94	10.97	11.04	11.55	25.28	26.64	26.33	22.20
Dividend Yield	3.39%	4.06%	4.33%	5.36%	2.76%	2.70%	2.64%	2.79%	3.02%	3.24%	3.83%
Earnings Yield	11.36%	11.37%	9.22%	10.06%	9.11%	9.06%	8.66%	3.96%	3.75%	3.80%	4.50%
Enterprise Value to Invested Capital (EV/IC)	1.30	1.34	1.43	1.40	1.53	1.53	1.56	1.48	1.41	1.37	1.25
Enterprise Value to Revenue (EV/Rev)	1.79	1.83	1.98	1.93	2.05	2.07	2.14	2.06	1.95	1.85	1.65
Enterprise Value to EBITDA (EV/EBITDA)	5.92	6.02	6.45	6.15	6.50	6.48	6.73	8.53	8.43	8.33	7.30
Enterprise Value to EBIT (EV/EBIT)	9.93	9.92	10.48	9.78	10.25	10.27	10.71	16.61	17.10	17.06	14.80
Enterprise Value to NOPAT (EV/NOPAT)	11.20	11.42	14.26	13.38	14.35	14.66	15.01	30.56	31.00	30.18	26.41
Enterprise Value to Operating Cash Flow (EV/OCF)	7.86	8.18	9.54	8.77	8.60	8.85	9.08	9.10	8.86	8.51	7.10
Enterprise Value to Free Cash Flow (EV/FCFF)	15.53	14.72	18.37	12.88	12.99	15.19	21.98	19.37	14.78	11.74	9.60
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.14	1.15	1.17	1.17	1.16	1.16	1.17	1.15	1.14	1.16	1.14
Long-Term Debt to Equity	1.06	1.09	1.14	1.16	1.13	1.14	1.13	1.12	1.13	1.13	1.11
Financial Leverage	0.95	0.97	0.98	0.98	0.98	0.99	0.99	0.91	0.89	0.89	0.87
Leverage Ratio	3.11	3.13	3.12	3.11	3.14	3.15	3.13	2.97	2.96	2.96	2.97
Compound Leverage Factor	2.52	2.41	2.57	2.59	2.62	2.52	2.62	2.53	2.49	2.34	4.02
Debt to Total Capital	53.17%	53.46%	53.94%	53.90%	53.69%	53.77%	53.86%	53.45%	53.37%	53.61%	53.20%
Short-Term Debt to Total Capital	3.67%	2.65%	1.39%	0.56%	1.39%	1.15%	1.65%	1.38%	0.63%	0.99%	1.18%
Long-Term Debt to Total Capital	49.50%	50.81%	52.56%	53.34%	52.30%	52.63%	52.21%	52.06%	52.74%	52.63%	52.02%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.36%	0.39%	0.41%	0.40%	0.41%	0.42%	0.43%	0.44%	0.58%	0.62%	0.60%
Common Equity to Total Capital	46.47%	46.16%	45.65%	45.71%	45.90%	45.78%	45.72%	46.11%	46.02%	45.77%	46.20%
Debt to EBITDA	2.65	2.63	2.69	2.58	2.51	2.50	2.53	3.36	3.45	3.51	3.37
Net Debt to EBITDA	2.20	2.21	2.21	2.18	2.09	2.09	2.16	2.84	2.96	3.05	2.89
Long-Term Debt to EBITDA	2.47	2.50	2.62	2.55	2.44	2.44	2.46	3.27	3.41	3.45	3.29
Debt to NOPAT	5.02	5.00	5.94	5.62	5.53	5.65	5.65	12.02	12.67	12.73	12.18
Net Debt to NOPAT	4.16	4.20	4.89	4.75	4.61	4.74	4.81	10.18	10.89	11.05	10.46
Long-Term Debt to NOPAT	4.68	4.75	5.78	5.56	5.39	5.52	5.48	11.71	12.52	12.49	11.91
Altman Z-Score	1.22	1.24	1.29	1.28	1.31	1.29	1.38	1.35	1.29	1.27	1.13
Noncontrolling Interest Sharing Ratio	0.82%	0.90%	0.90%	0.90%	1.10%	1.15%	1.10%	1.37%	1.61%	1.67%	1.72%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.65	0.68	0.72	0.66	0.59	0.60	0.70	0.76	0.69	0.78	0.84
Quick Ratio	0.51	0.53	0.60	0.54	0.49	0.50	0.56	0.61	0.55	0.62	0.63
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,349	2,103	523	5,596	6,116	2,903	-730	9,597	12,334	15,250	11,595
Operating Cash Flow to CapEx	368.29%	206.44%	241.02%	173.42%	298.40%	178.37%	247.44%	242.93%	271.32%	165.07%	248.78%
Free Cash Flow to Firm to Interest Expense	-1.29	1.97	0.50	5.45	6.10	2.85	-0.69	9.62	12.21	15.64	12.08
Operating Cash Flow to Interest Expense	7.90	7.56	6.77	4.60	7.83	5.81	7.69	7.21	7.16	6.03	7.24
Operating Cash Flow Less CapEx to Interest Expense	5.75	3.90	3.96	1.95	5.21	2.55	4.58	4.24	4.52	2.38	4.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.47	0.46	0.46	0.47	0.47	0.47	0.46	0.45	0.46	0.46
Accounts Receivable Turnover	9.50	9.01	9.16	9.26	9.59	9.18	9.77	9.67	9.77	9.84	10.15
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	2.01	2.02	2.05	2.06	2.10	2.11	2.16	2.19	2.18	2.22	2.28
Accounts Payable Turnover	3.14	3.12	3.11	2.98	3.05	2.94	2.97	2.99	2.95	3.06	3.16
Days Sales Outstanding (DSO)	38.44	40.52	39.85	39.40	38.06	39.76	37.37	37.73	37.36	37.09	35.97
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	116.31	117.10	117.53	122.45	119.49	124.01	122.91	122.22	123.83	119.39	115.65
Cash Conversion Cycle (CCC)	-77.87	-76.58	-77.68	-83.05	-81.43	-84.26	-85.53	-84.49	-86.47	-82.30	-79.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	169,304	169,398	170,071	166,832	163,803	164,956	166,246	167,506	165,620	164,362	160,780
Invested Capital Turnover	0.74	0.74	0.73	0.72	0.74	0.74	0.74	0.71	0.71	0.71	0.72
Increase / (Decrease) in Invested Capital	5,501	4,442	3,825	-674	-1,817	594	5,466	-4,689	-8,277	-11,703	-13,292
Enterprise Value (EV)	220,933	226,251	243,510	233,620	250,355	252,175	258,564	247,902	233,843	224,818	200,476
Market Capitalization	138,266	142,413	159,213	150,007	169,102	169,921	174,943	164,515	150,645	141,401	119,992
Book Value per Share	$22.91	$22.36	$22.15	$21.21	$21.04	$20.54	$20.03	$20.18	$19.54	$18.72	$18.19
Tangible Book Value per Share	($18.39)	($18.33)	($18.96)	($18.79)	($19.19)	($15.86)	($15.19)	($18.16)	($15.41)	($18.22)	($17.40)
Total Capital	186,422	185,368	187,906	182,068	179,865	180,557	180,722	182,414	178,988	176,849	173,793
Total Debt	99,122	99,093	101,364	98,128	96,573	97,090	97,329	97,496	95,533	94,811	92,451
Total Long-Term Debt	92,274	94,186	98,754	97,107	94,071	95,021	94,351	94,972	94,403	93,068	90,404
Net Debt	82,005	83,124	83,529	82,892	80,510	81,490	82,853	82,589	82,164	82,322	79,438
Capital Expenditures (CapEx)	2,252	3,914	2,913	2,724	2,630	3,320	3,295	2,963	2,664	3,564	2,792
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-16,756	-15,195	-16,804	-16,934	-20,359	-20,357	-13,784	-12,625	-14,443	-9,067	-8,231
Debt-free Net Working Capital (DFNWC)	-8,163	-7,873	-7,990	-10,869	-13,844	-14,142	-7,349	-5,479	-8,908	-4,318	-2,536
Net Working Capital (NWC)	-15,011	-12,780	-10,600	-11,890	-16,346	-16,211	-10,327	-8,003	-10,038	-6,061	-4,583
Net Nonoperating Expense (NNE)	856	1,860	772	1,083	522	343	739	719	290	674	2,968
Net Nonoperating Obligations (NNO)	82,004	83,123	83,529	82,892	80,511	81,489	82,853	82,588	82,165	82,324	79,438
Total Depreciation and Amortization (D&A)	3,849	3,833	3,878	3,540	3,551	3,529	3,492	3,538	3,777	3,472	3,333
Debt-free, Cash-free Net Working Capital to Revenue	-13.56%	-12.28%	-13.65%	-13.98%	-16.70%	-16.74%	-11.40%	-10.47%	-12.03%	-7.47%	-6.79%
Debt-free Net Working Capital to Revenue	-6.61%	-6.36%	-6.49%	-8.97%	-11.35%	-11.63%	-6.08%	-4.54%	-7.42%	-3.56%	-2.09%
Net Working Capital to Revenue	-12.15%	-10.33%	-8.61%	-9.82%	-13.41%	-13.33%	-8.54%	-6.64%	-8.36%	-4.99%	-3.78%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.90	$1.25	$0.94	$1.01	$0.97	$0.82	$0.98	$1.02	$0.91	$0.72	($1.05)
Adjusted Weighted Average Basic Shares Outstanding	3.73B	3.78B	3.83B	3.87B	3.92B	3.97B	4.03B	4.13B	4.17B	4.22B	4.32B
Adjusted Diluted Earnings per Share	$0.89	$1.23	$0.94	$1.00	$0.97	$0.80	$0.98	$1.02	$0.91	$0.72	($1.05)
Adjusted Weighted Average Diluted Shares Outstanding	3.73B	3.78B	3.83B	3.87B	3.92B	3.97B	4.03B	4.13B	4.17B	4.22B	4.32B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	3.73B	3.78B	3.83B	3.87B	3.92B	3.97B	4.03B	4.13B	4.17B	4.22B	4.32B
Normalized Net Operating Profit after Tax (NOPAT)	4,152	3,495	4,348	4,922	4,299	3,497	4,736	4,908	4,057	3,547	4,311
Normalized NOPAT Margin	13.89%	10.95%	13.56%	16.58%	14.30%	11.19%	15.73%	16.09%	13.66%	11.61%	14.44%
Pre Tax Income Margin	15.03%	11.20%	15.03%	17.43%	16.98%	12.94%	18.15%	18.77%	17.66%	12.01%	-12.23%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.28	4.34	5.65	6.04	6.10	4.97	6.16	6.74	6.19	4.76	-2.80
NOPAT to Interest Expense	3.95	6.12	4.19	4.80	4.29	3.43	4.47	4.92	4.02	3.64	-1.77
EBIT Less CapEx to Interest Expense	3.13	0.68	2.84	3.39	3.47	1.71	3.05	3.77	3.55	1.11	-5.71
NOPAT Less CapEx to Interest Expense	1.81	2.46	1.38	2.14	1.67	0.17	1.36	1.95	1.38	-0.02	-4.68
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	31.47%	30.32%	33.49%	32.48%	31.65%	31.55%	32.08%	77.08%	91.05%	96.26%	93.72%
Augmented Payout Ratio	87.84%	87.66%	106.27%	113.71%	109.57%	106.29%	108.20%	259.86%	326.50%	366.88%	329.57%

Frequently Asked Questions About Comcast's Financials

When does Comcast's fiscal year end?

According to the most recent income statement we have on file, Comcast's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Comcast's net income changed over the last 9 years?

Over the last 9 years, Comcast's net income changed from $8.41 billion in 2015 to $15.88 billion in 2024, a change of 88.7%. Find out what analysts predict for Comcast in the coming months.

What is Comcast's operating income?

Comcast's total operating income in 2024 was $23.30 billion, based on the following breakdown:

Total Gross Profit: $86.71 billion
Total Operating Expenses: $63.41 billion

How has Comcast revenue changed over the last 9 years?

Over the last 9 years, Comcast's total revenue changed from $74.51 billion in 2015 to $123.73 billion in 2024, a change of 66.1%.

How much debt does Comcast have?

Comcast's total liabilities were at $179.94 billion at the end of 2024, a 0.8% decrease from 2023, and a 61.6% increase since 2015.

How much cash does Comcast have?

In the past 9 years, Comcast's cash and equivalents has ranged from $0.00 in 2016 to $11.74 billion in 2020, and is currently $7.32 billion as of their latest financial filing in 2024.

How has Comcast's book value per share changed over the last 9 years?

Over the last 9 years, Comcast's book value per share changed from 21.27 in 2015 to 22.36 in 2024, a change of 5.1%.

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This page (NASDAQ:CMCSA) was last updated on 5/21/2025 by MarketBeat.com Staff

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