Comcast Corporation(CMCSA)
NASDAQ

Fundamental Analysis & Financials

$31.34
-0.04 (-0.13%)

Valuation Snapshot

What the multiples imply about expectations

The market considers the company to be a mid-cap company with a significant market presence. At current multiples, it trades attractively valued—reflecting market expectations.

Valuation Metrics

Ratios and multiples

Forward P/E
7.88
EV/Revenue (TTM)1.70
Price/FCF (TTM)20.49

Financial Health

Liquidity and leverage

ROE (TTM)21.41%
ROA (TTM)4.80%
Debt/Equity (MRQ)107.86

The company's financial health appears strong. High ROE and moderate ROA reflect reasonably efficient capital use. Note: ROE is materially amplified by leverage and share repurchases. Debt is elevated but represents structural leverage for shareholder return strategy (buybacks) rather than operational stress.

Valuation Multiples

Current valuation metrics

P/E Ratio5.83
P/B Ratio1.17
P/S Ratio0.93
EV/EBITDA5.69
PEG Ratio2.39

Quarterly Earnings History

Recent quarterly financial performance and trends

Latest Quarter
Q4 2025
Revenue (TTM)
$32.31B
Net Income (TTM)
$2.17B
EPS (Diluted)
$0.60
QuarterRevenueNet IncomeGross ProfitEPS (Basic)EPS (Diluted)Gross MarginNet Margin
Q4 2025(Latest)$32.31B$2.17B$22.00B$0.60$0.6068.1%6.7%
Q3 2025$31.20B$3.33B$22.54B$0.91$0.9072.3%10.7%
Q2 2025$30.31B$11.12B$22.74B$3.01$2.9875.0%36.7%
Q1 2025$29.89B$3.38B$21.47B$0.90$0.8971.8%11.3%

Key Insights:

  • Revenue increased by 3.6% from previous quarter
  • Net margin of 6.7% indicates moderate profitability
  • EPS declined by 33.3% quarter-over-quarter

Financial Efficiency

Utilization and collections performance

Asset Turnover 0.45 indicates low efficiency. Receivables Turnover 8.92 and DSO 40.92 reflect good collections. Working Capital Turnover -31.26 is highly efficient (negative due to negative working capital model). ROIC 10.2% highlights moderate capital returns.

Efficiency Metrics

Asset Turnover0.45
Receivables Turnover8.92
Working Capital Turnover-31.26
Days Sales Outstanding40.92
ROIC (TTM)10.2%

* Negative working capital indicates the company operates efficiently with vendors funding operations

Profitability & Growth

Margins and earnings power

Revenue (TTM)
$123.71B
1.20 YoY
Profit Margin (TTM)
16.17%
Operating Margin (TTM)
10.79%
Gross Profit (TTM)
$88.76B
Gross Margin 71.75%
EBITDA (TTM)
$36.88B
EBITDA Margin 29.81%
Net Income (TTM)
$20.00B
Earnings -52.50% YoY

Efficiency Performance Matrix

4-quadrant analysis of operational efficiency vs profitability

Efficiency vs Profitability Quadrants

High Efficiency
High Margin
High Efficiency
Low Margin
Low Efficiency
High Margin
Low Efficiency
Low Margin

Efficiency Analysis

Asset Turnover
Efficiency:0.45x
Margin:71.8%
Quadrant:Margin-Driven
Receivables Turnover
Efficiency:8.92x
Margin:10.8%
Quadrant:Efficiency-Driven
Working Capital
Efficiency:-31.26x(abs: 31.26x)
Margin:16.2%
Quadrant:Optimal
Overall Efficiency Score

Mixed efficiency profile requiring targeted improvements

⚠️ Thresholds are benchmark-based heuristics derived from long-term industry averages, not strict valuation rules.

• Bubble size represents ROIC magnitude

• Green (Optimal): Excellent efficiency-profitability balance

• Blue (Efficiency-Driven): High turnover, room to improve margins

• Yellow (Margin-Driven): Strong margins, opportunity to improve efficiency

• Red (Weak Operations): Areas needing improvement on both dimensions

Market Data & Share Structure

Comprehensive valuation metrics and ownership breakdown

Market Data & Capitalization

Market Cap
$114.56B
Mega-cap: Premium liquidity & institutional favorite
Enterprise Value
$209.72B
EV 83% > Market Cap: Net debt position
Next Earnings Date
01/29/2026
Earnings date has passed - awaiting update

Share Statistics & Ownership

Shares Outstanding
N/A
Total shares issued and held by all shareholders
Shares Float
N/A
Shares available for public trading
Institutional Ownership
N/A
Held by funds, pensions, endowments
Insider Ownership
N/A
Held by executives and board members
Shares Short
N/A
Shares sold short - bearish bets
Implied Shares Outstanding
N/A
Calculated from market cap and price

Profitability Margin Pyramid

Hierarchical view of margin compression from revenue to net income

Margin Hierarchy by Profitability Level

100.0%
Revenue
$123.71B
71.8%
Gross Profit
$88.76B
29.8%
EBITDA
$36.88B
16.2%
Net Income
$20.00B
Margin Profile:
Revenue100.0% margin (Top line revenue generation)
Gross Profit71.8% margin (Revenue minus cost of goods sold)
EBITDA29.8% margin (Earnings before interest, taxes, depreciation, and amortization)
Net Income16.2% margin (Bottom line profitability after all expenses)

Margin Analysis

Total Revenue

Amount:$123.71B
Margin:100.0%
Top line revenue generation

Gross Profit

Amount:$88.76B
Margin:71.8%
Revenue minus cost of goods sold

EBITDA

Amount:$36.88B
Margin:29.8%
Earnings before interest, taxes, depreciation, and amortization

Net Income

Amount:$20.00B
Margin:16.2%
Bottom line profitability after all expenses

Margin Quality Assessment

Good margin profile with healthy profit retention

• Larger circles represent higher dollar amounts

• Margin percentages show profitability at each level

• Blue: Revenue base

• Green: Gross profitability

• Yellow: Operating performance

• Red: Net profitability

Operating Cash & Liquidity

Core cash generation and short-term solvency

Cash Flow Analysis

Operating Cash Flow (TTM)

$33.64B

Cash from core operations

Free Cash Flow (TTM)

$5.59B

Available after capex

Financial Position & Liquidity

Current Ratio

0.88

Concerning

Quick Ratio

0.70

Fair

Net Cash

$-95.55B

Net debtor

Total Cash

$9.48B

Balance sheet cash

Total Debt

$105.03B

Outstanding borrowings

Dividends & Shareholder Returns

Policy stance and implications

The company maintains a very sustainable dividend policy with a payout ratio of 18.4% (FCF coverage: 1.5x). Cash flow provides adequate dividend support with room for continued payments.

Payout Ratio
18.37%
Trailing Dividend Rate
1.32
Trailing Dividend Yield
4.21%
5 Year Avg Dividend Yield
2.82%
Forward Annual Dividend Rate
1.32
Forward Annual Dividend Yield
4.21%
Ex-Dividend Date
04/01/2026
Last Split
01/05/2026 (1.07)