Comcast is made up of three parts. The core cable business owns networks that provide television, internet access, and phone services to 65 million US homes and businesses, or nearly half of the country.
It is a $73.4B communication services company. Revenue grew 0.6% over the last year, it keeps 9¢ of every dollar of sales as profit, and its net debt equals ~4.4 years of free cash flow. It trades at 6.5× earnings — in the cheapest third of its own history.
- Website
- comcastcorporation.com
- Location
- Philadelphia, PA
- Employees
- 179 000
- Sector
- Communication Services
- Founded
- 1969
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth, Profitability, Health and Moat lag behind.
Valuation100
- P/E vs own history15th pct · 25/25
- FCF yield27.9% · 25/25
- P/S0.6x · 25/25
- EV/EBITDA4.6x · 25/25
Growth29
- Revenue CAGR1.5% · 6/25
- Net income CAGR9.0% · 12/25
- EPS CAGR ~5Y1.0% · 6/25
- Fwd implied growth4.4% · 5/25
Profitability49
- ROIC10.7% · 12/25
- ROE12.0% · 12/25
- Net margin9.0% · 13/25
- Operating margin14.7% · 12/25
Health32
- Altman Z0.92 · 3/25
- Current ratio0.80 · 6/25
- Interest coverage6.1x · 18/25
- Net cash / debtD/A 33% · 5/25
Quality97
- Piotroski F7/9 · 22/25
- Beneish M-2.55 · 25/25
- FCF conversion183% · 25/25
- Margin stabilityσ 3.2% · 25/25
Moat43
- ROIC >12% years0/10 yrs · 0/25
- Median gross margin19.0% · 6/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 4.4% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2019FinancialRevenue crossed $100B$109B for the year
- 2019AcquisitionUniversal took over distribution of DreamWorks Animation films beginning in 2019 with How to Train Your Dragon: The…
- 2018AcquisitionComcast has been the parent company of Sky Group since 2018, when it dropped out of the running to buy 21st Century…
- FY2017FinancialBest year on record$22.7B net income
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $50B$80.4B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2001AcquisitionComcast announced it would acquire the assets of the largest cable television operator at the time, AT&T…
- 1999AcquisitionComcast purchased Lenfest Communications, who were the ninth largest cable television operator at…
- 1997ProductMicrosoft invested $1 billion in Comcast, and the company launched its digital television service
- 1988AcquisitionComcast also acquired American Cellular Network Corporation in 1988 for $230 million, marking the first time it…
- 1977ProductHBO was first launched on a Comcast system with 20,000 customers in western Pennsylvania with a five-night…
- Jun 29, 1972IPOComcast's initial public offering occurred on June 29, 1972, on the National Association of Securities Dealers…
- Mar 5, 1969FoundedThe company was re-incorporated in Pennsylvania on March 5, 1969, under the new name Comcast Corporation
- 1968AcquisitionAmerican Cable Systems purchased its first franchise of Muzak, a brand of background music played in retail…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (69.4%)
- Strong cash conversion — FCF is 16.4% of revenue
- Interest covered 6.1× by operating earnings
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Altman Z-Score 0.92 — elevated financial-distress risk
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+0.6% YoY
- Profitable — makes more than it spends$11.2B TTM
- Profit growing — earnings are higher than last year+64.5% YoY
- Generates cash — cash left after running and investing$20.4B TTM
- Debt under control — could handle its obligations~4.4y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$73.4B market cap
- Not printing shares — share count not ballooning — you keep your slice-16.4% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.9 — distress
- Pays a dividend — returns cash to shareholdersyield 6.63%
- Valuation not extreme — price not wildly above earningsP/E 6.5
Peer comparisonComcast Corp vs 6 largest communication services peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| CMCSA this company | $73.4B | 6.5 | +0.6% | 9.0% | Strained |
| VZ Verizon Communications | $173.7B | 10.6 | +1.4% | 11.6% | Strained |
| TMUS T-Mobile US, Inc. | $159.6B | 15.1 | +9.7% | 11.5% | Strained |
| T AT&T Inc. | $152.3B | 7.1 | +2.6% | 16.9% | Strained |
| WBD Warner Bros. Discovery, Inc. Series A | $77.6B | 106.6 | -6.1% | -8.8% | Strained |
| ECHO EchoStar Corporation | $27.7B | — | -5.2% | -38.7% | Mixed |
| FOXA Fox Corporation | $26.3B | 14.8 | +5.1% | 9.8% | Mixed |
Head-to-head: CMCSA vs VZ · CMCSA vs TMUS · CMCSA vs T
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/CMCSA
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of CMCSA on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $20.68 · market cap $73.4B.