30 years of historical data (1996–2025) · Communication Services · Telecommunications Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Comcast Corporation trades at 4.2x earnings, 71% below its 5-year average of 14.4x, sitting at the 0th percentile of its historical range. Compared to the Communication Services sector median P/E of 15.3x, the stock trades at a discount of 73%. On a free-cash-flow basis, the stock trades at 3.7x P/FCF, 66% below the 5-year average of 10.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $81.7B | $108.7B | $146.7B | $181.9B | $154.9B | $234.2B | $242.3B | $207.3B | $158.0B | $191.7B | $175.7B |
| Enterprise Value | $182.7B | $209.6B | $238.4B | $285.2B | $250.2B | $325.5B | $339.5B | $309.2B | $265.9B | $252.8B | $233.5B |
| P/E Ratio → | 4.16 | 5.55 | 9.07 | 11.82 | 28.90 | 16.56 | 22.98 | 15.89 | 13.46 | 8.43 | 20.19 |
| P/S Ratio | 0.66 | 0.88 | 1.19 | 1.50 | 1.28 | 2.01 | 2.34 | 1.90 | 1.67 | 2.27 | 2.19 |
| P/B Ratio | 0.84 | 1.12 | 1.70 | 2.18 | 1.89 | 2.39 | 2.60 | 2.43 | 2.14 | 2.71 | 3.05 |
| P/FCF | 3.73 | 4.96 | 9.47 | 14.03 | 12.25 | 13.71 | 18.49 | 15.62 | — | 18.97 | 205.51 |
| P/OCF | 2.43 | 3.23 | 5.30 | 6.38 | 5.87 | 8.04 | 9.79 | 8.07 | 6.50 | 8.96 | 9.13 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Comcast Corporation's enterprise value stands at 5.0x EBITDA, 31% below its 5-year average of 7.2x. The Communication Services sector median is 9.6x, placing the stock at a 49% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.69 | 1.93 | 2.35 | 2.06 | 2.80 | 3.28 | 2.84 | 2.81 | 2.99 | 2.90 |
| EV / EBITDA | 4.95 | 5.68 | 6.26 | 7.57 | 6.86 | 9.40 | 11.01 | 9.03 | 8.96 | 9.27 | 8.86 |
| EV / EBIT | 8.84 | 6.95 | 10.45 | 11.61 | 18.98 | 14.05 | 18.56 | 14.38 | 14.16 | 13.92 | 13.50 |
| EV / FCF | — | 9.58 | 15.39 | 22.00 | 19.78 | 19.05 | 25.91 | 23.30 | — | 25.02 | 273.05 |
Margins and return-on-capital ratios measuring operating efficiency
Comcast Corporation earns an operating margin of 16.7%, significantly above the Communication Services sector average of 1.6%. Operating margins have compressed from 19.2% to 16.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 21.6% indicates solid capital efficiency. ROIC of 8.2% represents adequate returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 60.1% | 60.1% | 58.1% | 58.0% | 57.1% | 55.1% | 55.4% | 56.5% | 56.9% | 58.6% | 57.7% |
| Operating Margin | 16.7% | 16.7% | 18.8% | 19.2% | 18.6% | 17.9% | 17.1% | 19.6% | 20.1% | 20.8% | 21.0% |
| Net Profit Margin | 16.0% | 16.0% | 13.1% | 12.7% | 4.4% | 12.2% | 10.2% | 12.0% | 12.4% | 26.9% | 10.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.6% | 21.6% | 19.1% | 18.6% | 6.0% | 14.8% | 11.8% | 16.4% | 16.2% | 35.4% | 15.4% |
| ROA | 7.4% | 7.4% | 6.1% | 5.9% | 2.0% | 5.2% | 3.9% | 5.1% | 5.3% | 12.3% | 5.0% |
| ROIC | 8.2% | 8.2% | 9.6% | 9.6% | 9.3% | 8.2% | 7.0% | 8.7% | 9.1% | 10.7% | 11.5% |
| ROCE | 8.9% | 8.9% | 10.3% | 10.3% | 9.5% | 8.5% | 7.4% | 9.3% | 9.8% | 10.8% | 11.0% |
Solvency and debt-coverage ratios — lower is generally safer
Comcast Corporation carries a Debt/EBITDA ratio of 3.0x, which is moderately leveraged (17% below the sector average of 3.6x). Net debt stands at $101.0B ($110.4B total debt minus $9.5B cash). Interest coverage of 6.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.13 | 1.13 | 1.15 | 1.31 | 1.22 | 1.02 | 1.17 | 1.26 | 1.51 | 0.91 | 1.06 |
| Debt / EBITDA | 2.99 | 2.99 | 2.60 | 2.91 | 2.74 | 2.89 | 3.53 | 3.13 | 3.76 | 2.37 | 2.32 |
| Net Debt / Equity | — | 1.04 | 1.06 | 1.24 | 1.16 | 0.93 | 1.04 | 1.20 | 1.46 | 0.86 | 1.00 |
| Net Debt / EBITDA | 2.74 | 2.74 | 2.41 | 2.74 | 2.61 | 2.64 | 3.15 | 2.97 | 3.64 | 2.24 | 2.19 |
| Debt / FCF | — | 4.61 | 5.92 | 7.97 | 7.53 | 5.34 | 7.42 | 7.68 | — | 6.05 | 67.54 |
| Interest Coverage | 6.84 | 6.84 | 5.52 | 6.01 | 3.38 | 5.41 | 3.99 | 4.71 | 5.30 | 5.88 | 5.88 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.88x is below 1.0, meaning current liabilities exceed current assets — though the company's $9.5B cash position helps mitigate short-term liquidity concerns. The current ratio has improved from 0.60x to 0.88x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.88 | 0.88 | 0.68 | 0.60 | 0.78 | 0.85 | 0.93 | 0.84 | 0.79 | 0.74 | 0.76 |
| Quick Ratio | 0.88 | 0.88 | 0.68 | 0.60 | 0.78 | 0.85 | 0.93 | 0.84 | 0.79 | 0.74 | 0.76 |
| Cash Ratio | 0.28 | 0.28 | 0.18 | 0.15 | 0.17 | 0.30 | 0.41 | 0.18 | 0.14 | 0.16 | 0.15 |
| Asset Turnover | — | 0.45 | 0.46 | 0.46 | 0.47 | 0.42 | 0.38 | 0.41 | 0.38 | 0.45 | 0.45 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Comcast Corporation returns 14.8% to shareholders annually — split between a 6.0% dividend yield and 8.8% buyback yield. The payout ratio of 24.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 24.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 6.0% | 4.5% | 3.3% | 2.6% | 3.1% | 1.9% | 1.7% | 1.8% | 2.1% | 1.5% | 1.5% |
| Payout Ratio | 24.7% | 24.7% | 29.7% | 31.0% | 88.3% | 32.0% | 39.3% | 28.6% | 28.6% | 12.7% | 29.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 24.0% | 18.0% | 11.0% | 8.5% | 3.5% | 6.0% | 4.4% | 6.3% | 7.4% | 11.9% | 5.0% |
| FCF Yield | 26.8% | 20.1% | 10.6% | 7.1% | 8.2% | 7.3% | 5.4% | 6.4% | — | 5.3% | 0.5% |
| Buyback Yield | 8.8% | 6.6% | 6.2% | 6.2% | 8.6% | 2.0% | 0.2% | 0.2% | 3.4% | 2.8% | 2.8% |
| Total Shareholder Yield | 14.8% | 11.1% | 9.5% | 8.8% | 11.7% | 3.9% | 1.9% | 2.0% | 5.5% | 4.3% | 4.3% |
| Shares Outstanding | — | $3.6B | $3.9B | $4.1B | $4.4B | $4.7B | $4.6B | $4.6B | $4.6B | $4.8B | $5.1B |
Compare CMCSA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $82B | 4.2 | 5.0 | 3.7 | 60.1% | 16.7% | 21.6% | 8.2% | 3.0 | |
| $16B | 3.5 | 5.1 | 3.6 | 46.3% | 24.3% | 24.8% | 8.6% | 4.4 | |
| $154B | 7.2 | 6.9 | 7.9 | 79.8% | 19.2% | 17.6% | 6.7% | 3.9 | |
| $191B | 11.2 | 7.8 | 9.5 | 45.6% | 21.2% | 16.6% | 8.0% | 4.2 | |
| $233M | -0.6 | 4.4 | 0.8 | 51.3% | 26.5% | -22.1% | 6.1% | 4.3 | |
| $446M | -7.2 | 6.7 | — | 59.3% | 1.0% | -25.2% | 0.4% | 4.8 | |
| $539M | -8.6 | 7.7 | 3.6 | — | -1.3% | — | -0.8% | 0.2 | |
| $180B | 15.2 | 11.5 | 17.9 | 37.8% | 14.6% | 11.3% | 6.9% | 2.3 | |
| $66B | 90.3 | 13.4 | 21.3 | 28.2% | 3.5% | 2.0% | 1.5% | 4.7 | |
| $21B | 9.6 | 6.3 | 6.9 | 33.1% | 19.8% | 19.3% | 16.5% | 2.1 | |
| $328B | 30.6 | 11.1 | 34.7 | 48.5% | 29.5% | 42.8% | 29.8% | 0.5 | |
| Communication Services Median | — | 15.3 | 9.6 | 11.4 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Deep dive into CMCSA consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CMCSA stock.
Comcast Corporation's current P/E ratio is 4.2x. The historical average is 25.1x.
Comcast Corporation's current EV/EBITDA is 5.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.4x.
Comcast Corporation's return on equity (ROE) is 21.6%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 10.7%.
Based on historical data, Comcast Corporation is trading at a P/E of 4.2x. Compare with industry peers and growth rates for a complete picture.
Comcast Corporation's current dividend yield is 6.00% with a payout ratio of 24.7%.
Comcast Corporation has 60.1% gross margin and 16.7% operating margin. Operating margin between 10-20% is typical for established companies.
Comcast Corporation's Debt/EBITDA ratio is 3.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.