ComcastCMCSA

ComcastCMCSA

Revenue: is the business selling more than it used to?

$123.7B−0% YoYFY 2025

→Revenue reached $123.7B in 2025, compounding +1% a year since 2022 though the pace has cooled.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Net income: how much of that revenue becomes profit?

$20.0B+24% YoYFY 2025

→Net income was $20.0B in 2025, compounding +55% a year over three years. Earnings per share moved -51% over the last twelve months. Trailing twelve-month profit stands at $11.2B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

How fast is it growing, year by year?

-0.0%revenue growth, FY 2025

→Revenue grew -0% in 2025 against a five-year average of +4%. Earnings grew faster (+24%), so each new dollar of sales is arriving more profitably.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Revenue per share: is your slice growing as fast as the company?

$33.35revenue per share, FY 2025

→Revenue per share reached $33.35 in 2025, compounding +7% a year against +1% for CMCSA as a whole. Buybacks added roughly 6.1 points to your per-share result. Free cash flow per share stands at $5.90.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Free cash flow: what is left in real cash after everything?

$21.9B+41% YoYFY 2025

→Free cash flow was $21.9B in 2025, compounding +12% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $20.4B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

How much of every sales dollar ends up as free cash?

→18 cents of every sales dollar became free cash in 2025, up 5 points since 2022 - the best conversion in its filed history.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

What does staying competitive cost, per dollar of sales?

→The biggest claim on each sales dollar is capital spending, at 9% of revenue (stock compensation 1%).

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

When sales grow, do profits grow faster?

→Operating profit outgrew revenue in only 2 of the last 5 years. Costs are growing roughly in step with the business, so scale isn't yet paying for itself.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Margins: of every $1 of sales, how much survives each cost layer?

→Operating margin widened 5 points to 17% since 2022. After everything, 16 cents of each sales dollar reaches net profit. CMCSA doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

What does it earn on the money it uses?

→ROE of 12% and ROCE of 9% sit close together, so the returns come from the business itself rather than from borrowing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

What has the market paid for CMCSA over time?

8.8xP/E today

→At 8.8x earnings, the market is paying 23% less than CMCSA's own 11-year median of 11.4x. Pessimism is priced in - the question is whether it is deserved.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

What cash return does the business throw off per dollar of market value?

37.4%FCF yield today

→Every dollar of market value currently buys 37.4% of annual free cash flow, more than its 11-year median of 10.6% - the cash is cheaper than usual.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Could it handle its debt if things went wrong?

→Debt of $90.4B sits against $7.7B of cash, or 1.0x shareholders' equity. Earnings cover interest 4.2 times - adequate, with less room than it looks in a downturn.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Is the company's own capital growing?

→The company's own capital grew from $82.7B in 2023 to $89.8B (+9%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

How much goes back, and how much leaks out as stock comp?

→Shareholders received $7.2B in buybacks and $4.9B in dividends in 2025. Stock compensation issued $1.3B of new shares in the same year, offsetting 11% of that.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

How fast is your ownership being diluted - or concentrated?

→The share count shrank 5.1% in 2025, averaging 5.7% a year over three years. Buybacks are concentrating your ownership: the same business, split fewer ways.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Is the dividend cheque growing?

→The dividend per share reached $1.32 in 2025, compounding +8% a year since 2020.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Can it afford the dividend?

→The dividend consumed 24% of profit and 22% of free cash flow in 2025. That leaves room to keep paying through a weak year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Does CMCSA earn more on its capital than that capital costs?

→CMCSA earns 8.6% on the capital it employs, below the 10% most investors treat as the cost of capital. It was 6.1% in 2022, so the trend is up, and the pace is picking up.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

CMCSA has issued or retired shares - did shareholders end up better off?

→CMCSA has shrunk its share count -33% from 2011 to 2025, so each remaining share owns more of the business. Revenue per share is +232% over the same years.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

ComcastCMCSA

Are the people running it buying or selling?

→Insiders sold $2M on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price. A further 57 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30