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Cable and broadband provider (Xfinity) that also owns NBCUniversal—film, TV, theme parks—and Sky, Europe's pay-TV operator.
Cable and broadband provider (Xfinity) that also owns NBCUniversal—film, TV, theme parks—and Sky, Europe's pay-TV operator.
Is paid monthly by households and businesses for broadband, the profit engine, and through NBCUniversal by advertisers, fees from distributors carrying its channels, film and theme-park tickets. It bought Sky in 2018 to add European pay-TV. In 2024 it announced a plan to separate most of its cable TV networks into a new company, Versant.
Moat: wide (scale, installed base, distribution). Dense broadband/cable network infrastructure is very costly to replicate, giving durable regional market power.
Headquarters: Philadelphia, Pennsylvania, US · Founded: 1963 · Employees: 179,000
Size Comcast (CMCSA) is a United States Communication Services company (Cable/Satellite TV) with a market value of $86.6B, the 156th largest of 3,117 United States companies the cockpit tracks. Shares closed at $24.39 on 6 Nov 2026.
Performance Over six months the shares fell 2.7%, against -13.1% for the median peer and -1.1% for the United States market (cap-weighted) — 6th highest of 18 in its peer set.
Growth Revenue fell 0.2% over the last twelve months (peer median -1.5%); the operating margin is 14.9% (peer median 5.7%).
Valuation It trades at 7.2× forward earnings against a peer median of 8.0× (5th cheapest of 11).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.5 points above its cost of capital (6.9% WACC).
Credit Comcast has 70 bonds outstanding ($79.4B), rated A- by the agencies and trading like BBB- at a weighted spread of 141 bp.
Short interest Short interest is 2.2% of the free float (15 Oct 2026).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $123B | $124B | $124B | $122B | $121B |
| Revenue growth | — | 0% | +2% | 0% | — |
| Gross profit | $70.5B | $72.5B | $71.9B | $70.5B | $69.4B |
| EBITDA | $33.8B | $37.4B | $38.1B | $37.6B | $36.4B |
| Net income | $11.3B | $20.0B | $16.2B | $15.4B | $5.37B |
| Free cash flow | $19.7B | $21.9B | $15.4B | $16.3B | $15.8B |
| Capital expenditure | $14.7B | $14.4B | $15.2B | $15.5B | $13.8B |
| Total debt | $87.4B | $105B | $105B | $104B | $107B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Comcast CMCSA | $86.6B | -3% | 0% | 15% | 7.2× | -6.4% |
| Charter Communications CHTR | $20.8B | -24% | -2% | 24% | 3.1× | -8.5% |
| Verizon VZ | $189B | -3% | +1% | 24% | 8.8× | -7.2% |
| AT&T T | $146B | -14% | +4% | 22% | 8.5× | -4.8% |
| Warner Bros. Discovery WBD | n/a | +13% | n/a | n/a | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CMCSA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +15.0% | -0.9% | highest of 19 |
| 6-month return | -2.7% | -13.1% | 6th highest of 18 |
| Distance from 52-week high | -23.9% | -32.2% | 4th highest of 19 |
| Revenue growth (TTM) | -0.2% | -1.5% | 9th highest of 19 |
| Operating margin | 14.9% | 5.7% | 7th highest of 19 |
| Forward P/E | 7.2× | 8.0× | 5th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | -6.4% | 1.6% | 6th least demanding of 15 |
| Growth delivered (Del g) | +3.6% | +2.4% | 5th highest of 15 |
| Hurdle (Req g minus delivered) | -10.0 pp | -1.9 pp | 5th least demanding of 15 |
| ROIC minus cost of capital | +1.5 pp | -0.0 pp | 8th highest of 18 |
| EV / EBITDA | 4.9× | 6.8× | 4th cheapest of 12 |
| Net debt / EBITDA | 2.4× | 3.8× | 4th least indebted of 13 |
| Bond spread | 141 bp | 315 bp | tightest of 5 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Comcast CMCSA | United States | $86.6B | -3% | 0% | 15% | 7.2× | -6.4% | +3.6% |
| Skydance SKYD | United States | $40.4B | -28% | +1% | 8% | 24.2× | 23.2% | +2.7% |
| Charter Communications, Inc. Cum Red Pfd Shs Series A CHTRP | United States | $21.2B | n/a | -2% | 24% | 0.6× | -11.0% | +2.6% |
| Charter Communications CHTR | United States | $20.8B | -24% | -2% | 24% | 3.1× | -8.5% | +2.6% |
| Versant Media VSNT | United States | $4.59B | -18% | -4% | 18% | 5.5× | -13.9% | -5.1% |
| Oriental Pearl 600637.SS | China | $4.07B | -19% | -7% | 3% | 29.9× | 15.5% | -5.7% |
| Canal+ CAN.L | United Kingdom | $3.11B | +2% | +10% | 4% | 9.2× | n/a | n/a |
| Jiangsu Broadcasting Cable Information Network 600959.SS | China | $2.42B | -17% | -8% | -8% | n/a | n/a | n/a |
| Wasu Media 000156.SZ | China | $2.17B | +5% | -4% | 2% | n/a | -6.9% | +3.9% |
| Cyfrowy Polsat CPS.WA | Poland | $2.08B | -24% | 0% | 10% | 14.5× | 6.6% | +3.7% |
| Cogeco Communications CCA.TO | Canada | $1.67B | -13% | -4% | 26% | 7.8× | -8.9% | +2.2% |
| Guizhou Broadcasting & TV Information Network 600996.SS | China | $1.22B | -23% | -7% | -89% | n/a | 30.2% | -18.3% |
| Guangxi Beitou Technology 600936.SS | China | $925M | -11% | +13% | 2% | n/a | 15.7% | +10.6% |
| Shenzhen Topway Video Communication 002238.SZ | China | $810M | -8% | -16% | -22% | n/a | 16.0% | -5.8% |
| Stingray RAY.TO | Canada | $786M | +11% | +32% | 20% | 8.1× | 5.5% | +13.1% |
| Hubei Broadcasting & Television Information Network 000665.SZ | China | $698M | -15% | +1% | -48% | n/a | n/a | n/a |
| Viaplay VPLAY-A.ST | Sweden | $615M | +32% | +20% | 3% | n/a | n/a | n/a |
| AMC Global Media AMCX | United States | $346M | -5% | -5% | 8% | 2.6× | -4.9% | -3.9% |
| Taiwan Optical Platform 6464.TW | Taiwan | $311M | +5% | 0% | 26% | n/a | -2.3% | +0.6% |
Comcast has 70 bonds outstanding with $79.4B face value. The agencies rate it A-; its bonds trade like BBB-. Weighted yield 6.26%, a spread of 141 bp over government bonds.