Comcast Corp (CMCSA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
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 CMCSA SEC filings page.
Comcast Corp (CMCSA) 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).
Comcast turns nearly flat sales into more cash, while 2025 earnings improved despite lower operating margins and a still-leveraged balance sheet.
Revenue was nearly unchanged from FY2024, while operating margin fell from18.8% to16.7% . Yet net margin rose from13.1% to16.2% , so higher reported earnings did not come from better core operating conversion; the gap points to below-operating items materially shaping FY2025’s result.
The cash profile improved more than the income statement suggests: operating cash flow reached
Balance-sheet pressure eased but did not disappear: debt-to-equity fell from 1.1x in FY2024 to 1.0x in FY2025, while liabilities declined and equity expanded. The current ratio improved to 0.9x yet remained below 1.0x, meaning current assets still did not fully match near-term obligations.
Financial Health Signals
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 Corp'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.
Comcast Corp 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.
Comcast Corp's revenue grew a modest 0.0% year-over-year to $123.7B. This slow but positive growth earns a score of 34/100.
Comcast Corp 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.
Comcast Corp'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.
Comcast Corp converts 17.7% of revenue into free cash flow ($21.9B). This strong cash generation earns a score of 78/100.
Comcast Corp 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.
Comcast Corp scores 1.29, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Comcast Corp 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.
For every $1 of reported earnings, Comcast Corp 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.
Comcast Corp 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
Earnings & Revenue
Comcast Corp 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%.
Comcast Corp'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%.
Comcast Corp 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%.
Comcast Corp 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
Comcast Corp 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%.
Comcast Corp held $7.7B in cash against $84.3B in long-term debt as of Q2 2026.
Comcast Corp 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.
Margins & Returns
Comcast Corp'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.
Comcast Corp'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.
Comcast Corp'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.
Not reported for Q2 2026.
Capital Allocation
Comcast Corp 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%.
Comcast Corp 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%.
Not reported for Q2 2026.
CMCSA 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.
| 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.
CMCSA Balance Sheet
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.
| 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.
CMCSA Cash Flow 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.
| 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% |
CMCSA 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.
| 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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Comcast Corp CMCSA | FY2025 | $123.7B | $20.0B | 16.2% | $76.5B | 52/100 |
| Verizon Communications Inc. VZ | FY2025 | $138.2B | $17.6B | 12.7% | $190.8B | 39/100 |
| America Movil S.A.B de C.V AMX | FY2025 | $52.5B | $4.9B | 9.3% | $63.6B | 33/100 |
| Charter Comm Inc Del CL A New CHTR | FY2025 | $54.8B | $5.0B | 9.1% | $12.5B | 45/100 |
| CHUNGHWA TELECOM CO., LTD CHT | FY2025 | $7.5B | $1.3B | 17.2% | $35.8B | 42/100 |
Where Comcast Corp Ranks
Frequently Asked Questions
What is Comcast Corp's annual revenue?
Comcast Corp (CMCSA) 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 Corp's revenue growing?
Comcast Corp (CMCSA) revenue was essentially unchanged year-over-year, at $123.7B in fiscal year 2025 against $123.7B the year before.
Is Comcast Corp profitable?
Yes, Comcast Corp (CMCSA) reported a net income of $20.0B in fiscal year 2025, with a net profit margin of 16.2%.
What is Comcast Corp's EBITDA?
Comcast Corp (CMCSA) had EBITDA of $36.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Comcast Corp have?
As of fiscal year 2025, Comcast Corp (CMCSA) had $9.5B in cash and equivalents against $93.0B in long-term debt.
What is Comcast Corp's operating margin?
Comcast Corp (CMCSA) 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 Corp's net profit margin?
Comcast Corp (CMCSA) 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 Corp pay dividends?
Yes, Comcast Corp (CMCSA) paid $1.32 per share in dividends during fiscal year 2025.
What is Comcast Corp's return on equity (ROE)?
Comcast Corp (CMCSA) 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 Corp's free cash flow?
Comcast Corp (CMCSA) 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 Corp's operating cash flow?
Comcast Corp (CMCSA) generated $33.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Comcast Corp's total assets?
Comcast Corp (CMCSA) had $272.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Comcast Corp's capital expenditures?
Comcast Corp (CMCSA) invested $11.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Comcast Corp's current ratio?
Comcast Corp (CMCSA) 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 Corp's debt-to-equity ratio?
Comcast Corp (CMCSA) 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 Corp's return on assets (ROA)?
Comcast Corp (CMCSA) 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 Corp's P/E ratio?
Comcast Corp (CMCSA) trades at 6.8x earnings, its market capitalization divided by net income of $11.2B net income, trailing 12 months to June 30, 2026. The market capitalization is $76.5B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Comcast Corp's price-to-sales ratio?
Comcast Corp (CMCSA) trades at 0.6x sales, its market capitalization divided by revenue of $124.9B revenue, trailing 12 months to June 30, 2026. The market capitalization is $76.5B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Comcast Corp's Altman Z-Score?
Comcast Corp (CMCSA) has an Altman Z-Score of 1.29, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Comcast Corp's Piotroski F-Score?
Comcast Corp (CMCSA) 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 Corp's earnings high quality?
Comcast Corp (CMCSA) 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 Corp cover its interest payments?
Comcast Corp (CMCSA) 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 Corp?
Comcast Corp (CMCSA) 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.