Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Comcast Corp

CMCSA · Nasdaq · Telecom & media

Fundamental quality

REASONABLE

63

out of 100

Comcast Corp earns a fundamental-quality score of 63 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its financial strength (net debt 2.43× EBITDA). Its weakest area is its growth (revenue +3.5%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Comcast is a telecom and media conglomerate: the largest U.S. broadband provider (Xfinity), producer NBCUniversal (film, TV, theme parks) and the Peacock streaming platform. Broadband internet is its cash machine.

What will shape its future

  • Broadband competition (fiber and 5G fixed wireless), which threatens its most profitable business.
  • The structural decline of traditional pay TV versus streaming.
  • The profitability of its growth bets: Peacock, theme parks and its mobile business.

Breakdown by area

I.Growth
44

EPS growth: 5.9% · Revenue growth: 3.5%

II.Profitability
64

Net margin: 9% · ROE: 12.5% · ROIC: 8.2%

III.Financial health
75

Net debt/EBITDA: 2.43x · FCF: 16.4%

Source: SEC EDGAR · TTM through 30/06/2026

The score includes +2 for dividend strength: 10 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 12 Telecom & media companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 55%
ROEbeats 50%
Growthbeats 42%
Cash generationbeats 90%
Less debtbeats 67%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Comcast Corp strengths

  • Strong free-cash-flow generation (FCF margin of 16.4%): profit turns into real cash.
  • Expanding margins: net margin has risen from 10% to 16% in recent years.
  • Solid net margin (9%): the business is clearly profitable.
  • Positive free cash flow year after year, a self-funding business.

Comcast Corp risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Comcast Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
2020103,56410,53415,55892,020
2021116,38514,15919,97286,139
2022121,4275,37015,78790,062
2023121,57215,38816,25990,885
2024123,73116,19215,49291,778
2025123,70719,99821,89389,456

Between 2020 and 2025, revenue went from $103,564M to $123,707M (+19%) and net income went from $10,534M to $19,998M (+90%). Meanwhile, its margins have widened (from 10% to 16%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+2%
  • Net income-60.7%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score7463
  • Net margin15%9%
  • ROE21.3%12.5%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$1.32

per share, yearly

24.5% of earnings

Payout

at least 10 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Comcast Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Comcast Corp a good company to invest in?

In terms of business quality, Comcast Corp scores 63 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Comcast Corp a profitable company?

Comcast Corp is profitable, with a net margin of 9%, though a thin one.

Does Comcast Corp have a lot of debt?

A moderate level: its net debt is 2.43 times its EBITDA.

Is Comcast Corp growing?

Its revenue has grown 3.5% annualized in recent years and its earnings per share 5.9%.

Does Comcast Corp generate cash?

Yes. It converts about 16.4% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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