Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) Financials

CCZ

Trailing 12 months to June 30, 2026

Revenue $124.9B +0.6% YoY

Net Income $11.2B -51.1% YoY

EPS (Diluted) $3.10 -48.8% YoY

Free Cash Flow $20.4B +5.1% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 23, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CCZ SEC filings page.

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) reported $124.9B in revenue over the twelve months to Jun 30, 2026, up 0.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CCZ FY2025 2026-08-29

Flat revenue now meets margin compression, while cash conversion and a lighter capital-return load define FY2025's operating mechanic.

Operating margin fell from 18.8% in FY2024 to 16.7% in FY2025, yet net margin rose to 16.2%. Net margin's improvement alongside stronger operating cash flow points to below-operating-line effects shaping profit, with cash-backed earnings improvement rather than a purely accounting uplift.

Revenue was nearly flat at $123.7B in FY2025, while operating margin slipped to 16.7%; profitability changed without meaningful top-line expansion. That is margin compression at stable scale, not a pattern of fixed-cost absorption, leaving less operating profit per revenue dollar.

Free cash flow reached $21.9B while capital expenditures eased to $11.8B, so more cash remained after reinvestment; capital intensity was not the constraint on FY2025 cash generation. Lower buybacks alongside stronger free cash flow indicate less aggressive capital return; the current ratio improved to 0.9x while debt-to-equity declined to 1.0x, though near-term liquidity remains below one-to-one.

Financial Health Signals

Financial Health Score 52/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) has an operating margin of 16.7%, meaning the company retains $17 of operating profit per $100 of revenue. This strong profitability earns a score of 83/100, reflecting efficient cost management and pricing power. This is down from 18.8% the prior year.

Growth

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s revenue grew a modest 0.0% year-over-year to $123.7B. This slow but positive growth earns a score of 34/100.

Leverage

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) has elevated debt relative to equity (D/E of 0.96), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 29/100, reflecting increased financial risk.

Liquidity

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s current ratio of 0.88 is below the typical benchmark, resulting in a score of 14/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) converts 17.7% of revenue into free cash flow ($21.9B). This strong cash generation earns a score of 79/100.

Returns

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) earns a strong 20.6% return on equity (ROE), meaning it generates $21 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 71/100. This is up from 18.9% the prior year.

Piotroski F-Score Partial

6/7

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.68x

For every $1 of reported earnings, Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) generates $1.68 in operating cash flow ($33.6B OCF vs $20.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

4.69x

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) earns $4.69 in operating income for every $1 of interest expense ($20.7B vs $4.4B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$29.9B

YoY-1.2%

QoQ-4.8%

5Y CAGR+1.0%

10Y CAGR+4.5%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) generated $29.9B in revenue in Q2 2026. This represents a decrease of 1.2% from the same quarter a year earlier. Against the prior quarter it is down 4.8%.

EBITDA

$8.8B

YoY-12.8%

QoQ+10.6%

5Y CAGR-0.1%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s EBITDA was $8.8B in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 12.8% from the same quarter a year earlier. Against the prior quarter it is up 10.6%.

Net Income

$3.5B

YoY-68.3%

QoQ+62.2%

5Y CAGR-1.2%

10Y CAGR+5.7%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) reported $3.5B in net income in Q2 2026. This represents a decrease of 68.3% from the same quarter a year earlier. Against the prior quarter it is up 62.2%.

EPS (Diluted)

$0.99

YoY-66.8%

QoQ+65.0%

5Y CAGR+4.4%

10Y CAGR+9.2%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) earned $0.99 per diluted share (EPS) in Q2 2026. This represents a decrease of 66.8% from the same quarter a year earlier. Against the prior quarter it is up 65.0%.

Cash & Balance Sheet

Free Cash Flow

$5.2B

YoY+1.0%

QoQ+14.3%

5Y CAGR-1.0%

10Y CAGR+9.3%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) generated $5.2B in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 1.0% from the same quarter a year earlier. Against the prior quarter it is up 14.3%.

Cash & Debt

$7.7B

YoY-20.9%

QoQ-19.1%

5Y CAGR-9.1%

10Y CAGR+5.1%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) held $7.7B in cash against $84.3B in long-term debt as of Q2 2026.

Dividends Per Share

$0.33

YoY0.0%

QoQ0.0%

5Y CAGR+5.7%

10Y CAGR+9.1%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) paid $0.33 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

Diluted avg 3.57B

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) had a weighted average of 3.57B diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Margins & Returns

Operating Margin

17.2%

YoY-2.5pp

QoQ+4.1pp

5Y change-2.1pp

10Y change-3.9pp

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s operating margin was 17.2% in Q2 2026, reflecting core business profitability. This is down 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.1 percentage points.

Net Margin

11.8%

YoY-24.9pp

QoQ+4.9pp

5Y change-1.3pp

10Y change+1.3pp

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s net profit margin was 11.8% in Q2 2026, showing the share of revenue converted to profit. This is down 24.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.9 percentage points.

Return on Equity

3.9%

YoY-7.5pp

QoQ+1.5pp

5Y change0.0pp

10Y change+0.1pp

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s ROE was 3.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 7.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$1.0B

YoY-45.0%

QoQ-33.1%

5Y CAGR+9.2%

10Y CAGR-1.8%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) spent $1.0B on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 45.0% from the same quarter a year earlier. Against the prior quarter it is down 33.1%.

Capital Expenditures

$2.9B

YoY+8.4%

QoQ+23.4%

5Y CAGR+6.2%

10Y CAGR+2.5%

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) invested $2.9B in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 8.4% from the same quarter a year earlier. Against the prior quarter it is up 23.4%.

R&D Spending

Not reported for Q2 2026.

CCZ Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CCZ quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$124.9B	$123.7B0.0%	$123.7B+1.8%	$121.6B+0.1%	$121.4B+4.3%	$116.4B+12.4%	$103.6B-4.9%	$108.9B+15.3%	$94.5B+11.1%	$85.0B+5.3%	$80.7B+8.4%	$74.5B+8.3%	$68.8B+6.4%	$64.7B+3.3%	$62.6B+12.0%	$55.8B
Operating Income	$18.3B	$20.7B-11.3%	$23.3B-0.1%	$23.3B+66.0%	$14.0B-32.6%	$20.8B+19.0%	$17.5B-17.2%	$21.1B+11.1%	$19.0B+5.5%	$18.0B+7.1%	$16.8B+5.2%	$16.0B+7.3%	$14.9B+9.9%	$13.6B+11.4%	$12.2B+13.6%	$10.7B
EBITDA	N/A	$36.9B-3.2%	$38.1B+1.2%	$37.6B+35.1%	$27.9B-19.5%	$34.6B+13.2%	$30.6B-10.2%	$34.1B+13.5%	$30.0B+6.7%	$28.1B+7.2%	$26.3B+6.4%	$24.7B+7.7%	$22.9B+6.9%	$21.4B+7.3%	$20.0B+8.8%	$18.4B
Interest Expense	$4.4B	$4.4B+6.7%	$4.1B+1.1%	$4.1B+4.9%	$3.9B-9.0%	$4.3B-6.7%	$4.6B+0.5%	$4.6B+28.9%	$3.5B+14.8%	$3.1B+4.9%	$2.9B+8.9%	$2.7B+3.2%	$2.6B+1.7%	$2.6B+2.1%	$2.5B+0.6%	$2.5B
Income Tax	$3.2B	$6.1B+118.4%	$2.8B-47.9%	$5.4B+23.2%	$4.4B-17.1%	$5.3B+56.3%	$3.4B-8.4%	$3.7B+8.7%	$3.4B+144.7%	-$7.6B-242.9%	$5.3B+6.8%	$5.0B+28.0%	$3.9B-2.7%	$4.0B+6.3%	$3.7B+22.8%	$3.0B
Net Income	$11.2B	$20.0B+23.5%	$16.2B+5.2%	$15.4B+186.6%	$5.4B-62.1%	$14.2B+34.4%	$10.5B-19.3%	$13.1B+11.3%	$11.7B-48.4%	$22.7B+162.0%	$8.7B+6.3%	$8.2B-2.6%	$8.4B+22.9%	$6.8B+9.9%	$6.2B+49.1%	$4.2B
EPS (Basic)	N/A	$5.41+29.7%	$4.17+11.8%	$3.73+205.7%	$1.22-60.5%	$3.09+34.3%	$2.30-19.9%	$2.87+12.1%	$2.56-47.0%	$4.83+168.3%	$1.80+9.8%	$1.64-49.4%	$3.24+24.6%	$2.60+12.1%	$2.32+53.6%	$1.51
EPS (Diluted)	$3.10	$5.39+30.2%	$4.14+11.6%	$3.71+206.6%	$1.21-60.2%	$3.04+33.3%	$2.28-19.4%	$2.83+11.9%	$2.53-46.7%	$4.75+166.9%	$1.78+9.9%	$1.62	$3.20+25.0%	$2.56+12.3%	$2.28+52.0%	$1.50
Diluted Shares (Avg)	N/A	3.71B-5.1%	3.91B-5.8%	4.15B-6.4%	4.43B-4.8%	4.65B+0.6%	4.62B+0.3%	4.61B-0.6%	4.64B-3.1%	4.79B-1.8%	4.88B-3.2%	5.04B	2.62B-1.7%	2.67B-1.9%	2.72B-2.2%	2.78B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$29.9B-1.2%	$31.5B+5.3%	$32.3B+1.2%	$31.2B-2.7%	$30.3B+2.1%	$29.9B-0.6%	$31.9B+2.1%	$32.1B+6.5%
Operating Income	$5.2B-13.9%	$4.1B-26.9%	$3.5B-30.1%	$5.5B-5.5%	$6.0B-9.7%	$5.7B-2.6%	$5.0B+11.4%	$5.9B-9.5%
EBITDA	$8.8B-12.8%	$8.0B-15.9%	$7.7B-13.0%	$9.6B-1.9%	$10.1B-0.3%	$9.5B+1.6%	$8.8B+10.2%	$9.7B-2.3%
Interest Expense	$1.1B-4.8%	$1.1B+4.2%	$1.1B+5.3%	$1.1B+8.8%	$1.1B+7.7%	$1.1B+4.8%	$1.1B+4.9%	$1.0B-2.2%
Income Tax	$1.2B-66.9%	$706.0M-41.0%	$89.0M+108.0%	$1.2B-2.0%	$3.6B+169.7%	$1.2B-9.9%	-$1.1B-224.8%	$1.2B-15.3%
Net Income	$3.5B-68.3%	$2.2B-35.6%	$2.2B-54.6%	$3.3B-8.2%	$11.1B+183.1%	$3.4B-12.5%	$4.8B+46.5%	$3.6B-10.3%
EPS (Basic)	$0.99-66.9%	$0.60-33.3%	$0.62-50.4%	$0.91-3.2%	$2.99+196.0%	$0.90-7.2%	$1.25+54.3%	$0.94-4.1%
EPS (Diluted)	$0.99-66.8%	$0.60-32.6%	$0.61-50.8%	$0.90-4.3%	$2.98+198.0%	$0.89-8.2%	$1.24+53.1%	$0.94-4.1%
Diluted Shares (Avg)	3.57B-4.2%	3.62B-4.4%	N/A	3.69B-4.9%	3.73B-4.9%	3.78B-5.2%	N/A	3.88B-6.3%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.

CCZ Balance Sheet

CCZ quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$272.6B+2.4%	$266.2B+0.5%	$264.8B+2.9%	$257.3B-6.8%	$275.9B+0.7%	$273.9B+4.0%	$263.4B+4.7%	$251.7B+34.3%	$187.5B+3.9%	$180.5B+8.4%	$166.6B+4.6%	$159.2B+0.2%	$158.8B-3.7%	$165.0B+4.5%	$157.8B
Current Assets	$29.6B+10.3%	$26.8B+11.7%	$24.0B+9.9%	$21.8B-12.0%	$24.8B-7.2%	$26.7B+5.3%	$25.4B+16.2%	$21.8B+33.7%	$16.3B-0.1%	$16.4B+33.0%	$12.3B-9.1%	$13.5B-3.9%	$14.1B-29.6%	$20.0B+133.2%	$8.6B
Cash & Equivalents	$9.5B+29.5%	$7.3B+17.8%	$6.2B+30.9%	$4.7B-45.5%	$8.7B-25.8%	$11.7B+113.5%	$5.5B+44.2%	$3.8B+11.3%	$3.4B+3.8%	$3.3B+43.8%	$2.3B-41.3%	$3.9B+127.6%	$1.7B-84.3%	$11.0B+576.0%	$1.6B
Short-Term Investments	$14.0M-33.3%	$21.0M-93.2%	$310.0M-22.9%	$402.0M+9.2%	$368.0M+26.0%	$292.0M-82.9%	$1.7B+1718.1%	$94.0M+394.7%	$19.0M-80.4%	$97.0M-8.5%	$106.0M-82.4%	$602.0M-83.2%	$3.6B+144.1%	$1.5B+2611.1%	$54.0M
Accounts Receivable	$13.9B+1.5%	$13.7B-1.1%	$13.8B+9.0%	$12.7B+5.5%	$12.0B+4.7%	$11.5B+1.5%	$11.3B+1.7%	$11.1B+25.7%	$8.8B+11.0%	$8.0B+15.4%	$6.9B+9.1%	$6.3B-0.9%	$6.4B+15.5%	$5.5B+18.7%	$4.7B
Long-Term Investments	$8.0B-8.0%	$8.6B-7.9%	$9.4B+21.3%	$7.7B-4.2%	$8.1B+3.4%	$7.8B+11.9%	$7.0B-11.3%	$7.9B+13.7%	$6.9B+32.1%	$5.2B+62.7%	$3.2B+2.8%	$3.1B-16.8%	$3.8B-40.4%	$6.3B-35.8%	$9.9B
Goodwill	$61.5B+5.7%	$58.2B-1.8%	$59.3B+1.4%	$58.5B-16.7%	$70.2B-0.7%	$70.7B+2.9%	$68.7B+3.9%	$66.2B+79.9%	$36.8B+2.2%	$36.0B+9.2%	$32.9B+20.6%	$27.3B+0.8%	$27.1B+0.4%	$27.0B+0.4%	$26.9B
Total Liabilities	$175.7B-2.7%	$180.7B-0.8%	$182.1B+3.3%	$176.3B-1.9%	$179.8B-2.0%	$183.5B+1.6%	$180.7B+0.3%	$180.1B+51.5%	$118.8B-6.1%	$126.6B+10.7%	$114.3B+7.4%	$106.5B-1.5%	$108.1B-6.5%	$115.6B+4.6%	$110.5B
Current Liabilities	$33.5B-15.3%	$39.6B-1.5%	$40.2B+44.1%	$27.9B-5.0%	$29.3B+1.9%	$28.8B-4.9%	$30.3B+9.7%	$27.6B+25.5%	$22.0B+2.1%	$21.5B+18.5%	$18.2B+4.4%	$17.4B-7.9%	$18.9B+13.2%	$16.7B+26.2%	$13.2B
Non-Current Liabilities	$142.2B+0.8%	$141.1B-0.6%	$141.9B-4.4%	$148.4B-1.3%	$150.5B-2.8%	$154.8B+2.9%	$150.4B-1.4%	$152.5B+57.4%	$96.9B-7.8%	$105.0B+9.3%	$96.1B+7.9%	$89.1B-0.2%	$89.2B-9.8%	$98.9B+1.6%	$97.3B
Long-Term Debt	$93.0B-1.3%	$94.2B-0.9%	$95.0B+2.1%	$93.1B+0.4%	$92.7B-7.8%	$100.6B+2.9%	$97.8B-8.9%	$107.3B+80.6%	$59.4B+6.9%	$55.6B+13.4%	$49.0B+11.7%	$43.9B-1.6%	$44.6B+17.0%	$38.1B+0.4%	$37.9B
Total Equity	$96.9B+13.3%	$85.6B+3.5%	$82.7B+2.2%	$80.9B-15.8%	$96.1B+6.4%	$90.3B+9.2%	$82.7B+15.5%	$71.6B+4.4%	$68.6B+27.2%	$53.9B+3.2%	$52.3B-0.8%	$52.7B+4.0%	$50.7B+2.7%	$49.4B+4.4%	$47.3B
Retained Earnings	$66.7B+17.0%	$57.0B+7.7%	$52.9B+2.5%	$51.6B-16.6%	$61.9B+9.7%	$56.4B+11.3%	$50.7B+20.8%	$42.0B+9.9%	$38.2B+65.5%	$23.1B+7.8%	$21.4B-0.6%	$21.5B+12.0%	$19.2B+18.2%	$16.3B+16.5%	$14.0B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$257.5B-6.0%	$260.0B-2.9%	$272.6B+2.4%	$273.0B+1.2%	$273.9B+4.3%	$267.8B+1.6%	$266.2B+0.5%	$269.9B+3.4%
Current Assets	$26.3B-9.3%	$28.8B+5.5%	$29.6B+10.3%	$28.9B+6.1%	$29.0B+23.8%	$27.3B+13.9%	$26.8B+11.7%	$27.2B+12.6%
Cash & Equivalents	$7.7B-20.9%	$9.5B+10.2%	$9.5B+29.5%	$9.3B+5.8%	$9.7B+59.7%	$8.6B+31.9%	$7.3B+17.8%	$8.8B+37.0%
Short-Term Investments	$17.0M-37.0%	$18.0M-33.3%	$14.0M-33.3%	$22.0M-78.2%	$27.0M-81.5%	$27.0M-91.8%	$21.0M-93.2%	$101.0M-68.5%
Accounts Receivable	$14.0B+7.0%	$14.1B+9.3%	$13.9B+1.5%	$13.2B-5.9%	$13.0B-1.0%	$12.9B-2.0%	$13.7B-1.1%	$14.0B+9.4%
Long-Term Investments	$7.8B-7.5%	$7.5B-12.6%	$8.0B-8.0%	$8.3B-7.7%	$8.5B-7.7%	$8.5B-10.7%	$8.6B-7.9%	$9.0B+12.2%
Goodwill	$53.1B-14.1%	$53.4B-9.7%	$61.5B+5.7%	$61.4B+2.2%	$61.8B+5.9%	$59.1B+0.7%	$58.2B-1.8%	$60.1B+3.5%
Total Liabilities	$167.8B-5.2%	$171.7B-5.2%	$175.7B-2.7%	$175.9B-4.4%	$177.0B-1.3%	$181.1B0.0%	$180.7B-0.8%	$184.1B+3.2%
Current Liabilities	$33.1B+4.1%	$33.3B-21.3%	$33.5B-15.3%	$32.7B-13.5%	$31.8B-10.0%	$42.3B+5.0%	$39.6B-1.5%	$37.8B+9.6%
Non-Current Liabilities	$134.7B-7.2%	$138.4B-0.3%	$142.2B+0.8%	$143.2B-2.1%	$145.2B+0.8%	$138.8B-1.4%	$141.1B-0.6%	$146.3B+1.6%
Long-Term Debt	$84.3B-12.0%	$89.2B-3.3%	$93.0B-1.3%	$93.2B-5.6%	$95.8B-1.3%	$92.3B-1.9%	$94.2B-0.9%	$98.8B+4.7%
Total Equity	$89.8B-7.3%	$88.3B+1.9%	$96.9B+13.3%	$97.1B+13.2%	$96.9B+16.4%	$86.6B+5.0%	$85.6B+3.5%	$85.8B+3.8%
Retained Earnings	$60.3B-8.6%	$58.6B+2.0%	$66.7B+17.0%	$66.9B+21.4%	$66.0B+21.5%	$57.5B+7.6%	$57.0B+7.7%	$55.1B+2.5%

Not reported in any period shown, so not listed: Inventory.

CCZ Cash Flow Statement

CCZ quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$32.5B	$33.6B+21.6%	$27.7B-2.9%	$28.5B+7.9%	$26.4B-9.4%	$29.1B+17.8%	$24.7B-3.7%	$25.7B+5.8%	$24.3B+14.3%	$21.3B+8.0%	$19.7B+1.1%	$19.5B+15.0%	$16.9B+19.7%	$14.2B-4.7%	$14.9B+3.5%	$14.3B
Depreciation & Amortization	N/A	$16.2B+9.5%	$14.8B+3.3%	$14.3B+3.7%	$13.8B+0.1%	$13.8B+5.4%	$13.1B+1.1%	$13.0B+17.6%	$11.0B+8.8%	$10.1B+7.5%	$9.4B+8.6%	$8.7B+8.2%	$8.0B+1.9%	$7.9B+0.9%	$7.8B+2.1%	$7.6B
Stock-Based Compensation	N/A	$1.3B0.0%	$1.3B+3.8%	$1.2B-7.1%	$1.3B+1.6%	$1.3B+10.2%	$1.2B+16.8%	$1.0B+23.6%	$826.0M+10.0%	$751.0M+17.3%	$640.0M+12.9%	$567.0M+10.5%	$513.0M+22.4%	$419.0M+12.9%	$371.0M+7.8%	$344.0M
Capital Expenditures	$12.1B	$11.8B-3.5%	$12.2B-0.5%	$12.2B+15.2%	$10.6B+15.8%	$9.2B-0.1%	$9.2B-7.8%	$10.0B+1.8%	$9.8B+2.3%	$9.6B+4.5%	$9.1B+7.5%	$8.5B+14.5%	$7.4B+12.5%	$6.6B+15.4%	$5.7B+7.7%	$5.3B
Free Cash Flow	$20.4B	$21.9B+41.3%	$15.5B-4.7%	$16.3B+3.0%	$15.8B-21.0%	$20.0B+28.4%	$15.6B-1.2%	$15.7B+8.4%	$14.5B+24.0%	$11.7B+10.9%	$10.6B-3.9%	$11.0B+15.3%	$9.5B+25.9%	$7.6B-17.2%	$9.1B+1.1%	$9.0B
Investing Cash Flow	-$14.7B	-$16.2B-3.1%	-$15.7B-118.8%	-$7.2B+49.4%	-$14.1B-5.2%	-$13.4B-11.6%	-$12.0B+18.8%	-$14.8B+70.8%	-$50.9B-275.8%	-$13.5B+25.9%	-$18.3B-52.7%	-$12.0B-37.0%	-$8.7B+8.2%	-$9.5B-540.2%	-$1.5B+88.1%	-$12.5B
Financing Cash Flow	-$19.8B	-$14.3B-31.8%	-$10.9B+45.2%	-$19.9B-22.7%	-$16.2B+13.1%	-$18.6B-185.9%	-$6.5B+29.1%	-$9.2B-133.8%	$27.1B+458.4%	-$7.6B-1644.7%	-$434.0M+95.2%	-$9.1B-51.8%	-$6.0B+56.6%	-$13.9B-243.8%	-$4.0B+34.9%	-$6.2B
Dividends Paid	$4.9B	$4.9B+1.7%	$4.8B+1.0%	$4.8B+0.5%	$4.7B+4.6%	$4.5B+9.5%	$4.1B+10.8%	$3.7B+11.4%	$3.4B+16.3%	$2.9B+10.8%	$2.6B+6.7%	$2.4B+8.1%	$2.3B+14.8%	$2.0B+22.1%	$1.6B+35.5%	$1.2B
Share Buybacks	$5.6B	$7.2B-21.4%	$9.1B-19.4%	$11.3B-15.3%	$13.3B+185.3%	$4.7B+774.9%	$534.0M+6.0%	$504.0M-90.5%	$5.3B-2.1%	$5.4B+1.6%	$5.4B-25.4%	$7.2B+68.8%	$4.3B+112.5%	$2.0B-33.3%	$3.0B+40.1%	$2.1B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$8.1B+3.5%	$6.9B-16.9%	$8.8B+9.4%	$8.7B+23.8%	$7.8B+65.4%	$8.3B+5.7%	$8.1B+36.4%	$7.0B-13.9%
Depreciation & Amortization	$3.7B-11.2%	$3.9B+0.4%	$4.2B+9.2%	$4.0B+3.6%	$4.2B+17.3%	$3.8B+8.4%	$3.8B+8.6%	$3.9B+11.0%
Stock-Based Compensation	$319.0M+19.0%	$427.0M+11.8%	N/A	$269.0M+8.9%	$268.0M+2.7%	$382.0M+2.4%	N/A	$247.0M+3.8%
Capital Expenditures	$2.9B+8.4%	$2.4B+4.4%	$3.7B-4.2%	$3.1B+5.4%	$2.7B-1.7%	$2.3B-14.4%	$3.9B+17.9%	$2.9B-11.6%
Free Cash Flow	$5.2B+1.0%	$4.5B-24.9%	$5.1B+22.2%	$5.6B+36.9%	$5.1B+156.8%	$6.0B+15.8%	$4.2B+60.1%	$4.1B-15.4%
Investing Cash Flow	-$3.6B+27.8%	-$2.9B+1.3%	-$4.4B+13.2%	-$3.8B-3.7%	-$4.9B-46.8%	-$3.0B+15.8%	-$5.1B-212.2%	-$3.7B+12.2%
Financing Cash Flow	-$6.3B-249.1%	-$5.0B-22.9%	-$3.2B+27.2%	-$5.2B-716.7%	-$1.8B-0.7%	-$4.1B-1.3%	-$4.4B+58.7%	-$642.0M+86.2%
Dividends Paid	$1.2B-4.4%	$1.2B+2.0%	$1.2B+1.6%	$1.2B+1.4%	$1.2B+1.1%	$1.2B+2.6%	$1.2B+0.8%	$1.2B+0.6%
Share Buybacks	$1.0B-45.0%	$1.5B-32.9%	$1.5B-29.6%	$1.6B-22.0%	$1.8B-19.4%	$2.2B-15.9%	$2.2B-38.0%	$2.0B-43.8%

CCZ Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CCZ quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	16.7%-2.1pp	18.8%-0.4pp	19.2%+7.6pp	11.6%-6.3pp	17.9%+1.0pp	16.9%-2.5pp	19.4%-0.7pp	20.1%-1.1pp	21.2%+0.3pp	20.8%-0.6pp	21.5%-0.2pp	21.7%+0.7pp	21.0%+1.5pp	19.5%+0.3pp	19.2%
Net Margin	16.2%+3.1pp	13.1%+0.4pp	12.7%+8.2pp	4.4%-7.8pp	12.2%+2.0pp	10.2%-1.8pp	12.0%-0.4pp	12.4%-14.3pp	26.7%+16.0pp	10.8%-0.2pp	11.0%-1.2pp	12.2%+1.6pp	10.5%+0.6pp	9.9%+2.5pp	7.4%
Return on Equity	20.6%+1.7pp	18.9%+0.3pp	18.6%+12.0pp	6.6%-8.1pp	14.7%+3.1pp	11.7%-4.1pp	15.8%-0.6pp	16.4%-16.8pp	33.1%+17.0pp	16.1%+0.5pp	15.6%-0.3pp	15.9%+2.4pp	13.5%+0.9pp	12.6%+3.8pp	8.8%
Return on Assets	7.3%+1.3pp	6.1%+0.3pp	5.8%+3.7pp	2.1%-3.0pp	5.1%+1.3pp	3.9%-1.1pp	5.0%+0.3pp	4.7%-7.5pp	12.1%+7.3pp	4.8%-0.1pp	4.9%-0.4pp	5.3%+1.0pp	4.3%+0.5pp	3.8%+1.1pp	2.6%
Current Ratio	0.88+0.2x	0.68+0.1x	0.60-0.2x	0.78-0.1x	0.85-0.1x	0.93+0.1x	0.840.0x	0.790.0x	0.740.0x	0.76+0.1x	0.68-0.1x	0.780.0x	0.74-0.5x	1.20+0.5x	0.65
Debt-to-Equity	0.96-0.1x	1.100.0x	1.150.0x	1.15+0.2x	0.96-0.1x	1.11-0.1x	1.18-0.3x	1.50+0.6x	0.87-0.2x	1.03+0.1x	0.94+0.1x	0.830.0x	0.88+0.1x	0.770.0x	0.80
Asset Turnover	0.450.0x	0.460.0x	0.460.0x	0.47+0.1x	0.420.0x	0.380.0x	0.410.0x	0.38-0.1x	0.450.0x	0.450.0x	0.450.0x	0.430.0x	0.410.0x	0.380.0x	0.35
FCF Margin	17.7%+5.2pp	12.5%-0.9pp	13.4%+0.4pp	13.0%-4.2pp	17.2%+2.1pp	15.0%+0.6pp	14.4%-0.9pp	15.4%+1.6pp	13.8%+0.7pp	13.1%-1.7pp	14.7%+0.9pp	13.9%+2.2pp	11.7%-2.9pp	14.6%-1.6pp	16.2%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	17.2%-2.5pp	13.1%-5.8pp	10.8%-4.8pp	17.7%-0.5pp	19.8%-2.6pp	18.9%-0.4pp	15.6%+1.3pp	18.3%-3.2pp
Net Margin	11.8%-24.9pp	6.9%-4.4pp	6.7%-8.3pp	10.7%-0.6pp	36.7%+23.5pp	11.3%-1.5pp	15.0%+4.5pp	11.3%-2.1pp
Return on Equity	3.9%-7.5pp	2.5%-1.4pp	2.2%-3.3pp	3.4%-0.8pp	11.5%+6.8pp	3.9%-0.8pp	5.6%+1.6pp	4.2%-0.7pp
Return on Assets	1.4%-2.7pp	0.8%-0.4pp	0.8%-1.0pp	1.2%-0.1pp	4.1%+2.6pp	1.3%-0.2pp	1.8%+0.6pp	1.3%-0.2pp
Current Ratio	0.80-0.1x	0.87+0.2x	0.88+0.2x	0.88+0.2x	0.91+0.2x	0.65+0.1x	0.68+0.1x	0.720.0x
Debt-to-Equity	0.94-0.1x	1.01-0.1x	0.96-0.1x	0.96-0.2x	0.99-0.2x	1.07-0.1x	1.100.0x	1.150.0x
Asset Turnover	0.120.0x	0.120.0x	0.120.0x	0.110.0x	0.110.0x	0.110.0x	0.120.0x	0.120.0x
FCF Margin	17.3%+0.4pp	14.4%-5.8pp	15.8%+2.7pp	18.0%+5.2pp	17.0%+10.2pp	20.2%+2.9pp	13.1%+4.7pp	12.8%-3.3pp

Not reported in any period shown, so not listed: Gross Margin.

Note: The current ratio is below 1.0 (0.88), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) Ranks

Frequently Asked Questions

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s annual revenue?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) reported $123.7B in total revenue for fiscal year 2025. That is unchanged from the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s revenue growing?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) revenue was essentially unchanged year-over-year, at $123.7B in fiscal year 2025 against $123.7B the year before.

Is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) profitable?

Yes, Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) reported a net income of $20.0B in fiscal year 2025, with a net profit margin of 16.2%.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s earnings per share (EPS)?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) reported diluted earnings per share of $5.39 for fiscal year 2025. This represents a 30.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s EBITDA?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had EBITDA of $36.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) have?

As of fiscal year 2025, Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had $9.5B in cash and equivalents against $93.0B in long-term debt.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s operating margin?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had an operating margin of 16.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s net profit margin?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had a net profit margin of 16.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) pay dividends?

Yes, Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) paid $1.32 per share in dividends during fiscal year 2025.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s return on equity (ROE)?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) has a return on equity of 20.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s free cash flow?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) generated $21.9B in free cash flow during fiscal year 2025. This represents a 41.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s operating cash flow?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) generated $33.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s total assets?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had $272.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s capital expenditures?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) invested $11.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) buy back shares?

Yes, Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) spent $7.2B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s current ratio?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had a current ratio of 0.88 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s debt-to-equity ratio?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had a debt-to-equity ratio of 0.96 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s return on assets (ROA)?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) had a return on assets of 7.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s Piotroski F-Score?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)'s earnings high quality?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) has an earnings quality ratio of 1.68x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) cover its interest payments?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) has an interest coverage ratio of 4.69x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES)?

Comcast Holdings Corp. 2.0% Exchangeable Subordinated Debentures due October 15, 2029 (ZONES) (CCZ) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.