Comcast Corporation (CMCSA) Financial Ratios
30 years of historical data (1996–2025) · Communication Services · Telecommunications Services
EV/EBITDA
↓
5.35
↓-25% vs avg
5yr avg: 7.16
30Y Low2.7·High24.4
P/FCF
↓
4.40
↓-60% vs avg
5yr avg: 10.88
30Y Low5.0·High66.0
P/B Ratio
↓
0.99
↓-47% vs avg
5yr avg: 1.85
30Y Low1.0·High4.9
ROE
↑
21.6%
↓+35% vs avg
5yr avg: 16.0%
30Y Low-12%·High35%
Debt/EBITDA
↑
2.99
+6% vs avg
5yr avg: 2.83
30Y Low0.9·High9.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CMCSA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Comcast Corporation trades at 4.9x earnings, 66% 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 15.0x, the stock trades at a discount of 67%. On a free-cash-flow basis, the stock trades at 4.4x P/FCF, 60% 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 | $96.4B | $108.7B | $146.7B | $181.9B | $154.9B | $234.2B | $242.3B | $207.3B | $158.0B | $191.7B | $175.7B |
| Enterprise Value | $197.4B | $209.6B | $238.4B | $285.2B | $250.2B | $325.5B | $339.5B | $309.2B | $265.9B | $252.8B | $233.5B |
| P/E Ratio → | 4.91 | 5.55 | 9.07 | 11.82 | 28.90 | 16.56 | 22.98 | 15.89 | 13.46 | 8.43 | 20.19 |
| P/S Ratio | 0.78 | 0.88 | 1.19 | 1.50 | 1.28 | 2.01 | 2.34 | 1.90 | 1.67 | 2.27 | 2.19 |
| P/B Ratio | 0.99 | 1.12 | 1.70 | 2.18 | 1.89 | 2.39 | 2.60 | 2.43 | 2.14 | 2.71 | 3.05 |
| P/FCF | 4.40 | 4.96 | 9.47 | 14.03 | 12.25 | 13.71 | 18.49 | 15.62 | — | 18.97 | 205.51 |
| P/OCF | 2.87 | 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
CMCSA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Comcast Corporation's enterprise value stands at 5.4x EBITDA, 25% below its 5-year average of 7.2x. The Communication Services sector median is 8.4x, placing the stock at a 36% 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 | 5.35 | 5.68 | 6.26 | 7.57 | 6.86 | 9.40 | 11.01 | 9.03 | 8.96 | 9.27 | 8.86 |
| EV / EBIT | 9.55 | 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 |
CMCSA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Comcast Corporation earns an operating margin of 16.7%. 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.
Margins
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% |
Return on Capital
| 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% |
CMCSA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Comcast Corporation carries a Debt/EBITDA ratio of 3.0x, which is moderately leveraged (14% below the sector average of 3.5x). 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 |
CMCSA Liquidity & Efficiency
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 | — | — | — | — | — | — | — | — | — | — | — |
CMCSA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Comcast Corporation returns 12.5% to shareholders annually — split between a 5.1% dividend yield and 7.4% buyback yield. The payout ratio of 24.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 20.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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 | 5.1% | 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% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 20.4% | 18.0% | 11.0% | 8.5% | 3.5% | 6.0% | 4.4% | 6.3% | 7.4% | 11.9% | 5.0% |
| FCF Yield | 22.7% | 20.1% | 10.6% | 7.1% | 8.2% | 7.3% | 5.4% | 6.4% | — | 5.3% | 0.5% |
| Buyback Yield | 7.4% | 6.6% | 6.2% | 6.2% | 8.6% | 2.0% | 0.2% | 0.2% | 3.4% | 2.8% | 2.8% |
| Total Shareholder Yield | 12.5% | 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 |
Peer Comparison
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 |
|---|---|---|---|---|---|---|---|---|---|
 CMCSAYou | $96B | 4.9 | 5.4 | 4.4 | 60.1% | 16.7% | 21.6% | 8.2% | 3.0 |
 CHTR | $20B | 4.4 | 5.3 | 4.5 | 46.3% | 24.3% | 24.8% | 8.6% | 4.4 |
 T | $181B | 8.5 | 7.5 | 9.3 | 79.8% | 19.2% | 17.6% | 6.7% | 3.9 |
 VZ | $200B | 11.7 | 8.0 | 9.9 | 45.6% | 21.2% | 16.6% | 8.0% | 4.2 |
 CABO | $359M | -1.0 | 4.6 | 1.3 | 51.3% | 26.5% | -22.1% | 6.1% | 4.3 |
 WOW | $446M | -7.2 | 6.7 | — | 59.3% | 1.0% | -25.2% | 0.4% | 4.8 |
 ATUS | $539M | -8.6 | 7.7 | 3.6 | — | -1.3% | — | -0.8% | 0.2 |
 DIS | $180B | 14.7 | 11.4 | 17.9 | 37.8% | 14.6% | 11.3% | 6.9% | 2.3 |
 WBD | $74B | -5.9 | 9.9 | 16.7 | 41.6% | -25.5% | -27.8% | -9.7% | 3.6 |
 FOX | $13B | 11.4 | 4.2 | 4.4 | 33.1% | 19.8% | 19.3% | 16.5% | 2.1 |
 NFLX | $372B | 34.7 | 12.6 | 39.4 | 48.5% | 29.5% | 42.8% | 29.8% | 0.5 |
| Communication Services Median | — | 15.0 | 8.4 | 11.8 | 49.1% | 1.0% | 2.4% | 3.3% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonCMCSA — Frequently Asked Questions
Quick answers to the most common questions about buying CMCSA stock.
What is Comcast Corporation's P/E ratio?
Comcast Corporation's current P/E ratio is 4.9x. The historical average is 25.1x.
What is Comcast Corporation's EV/EBITDA?
Comcast Corporation's current EV/EBITDA is 5.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.4x.
What is Comcast Corporation's ROE?
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%.
Is CMCSA stock overvalued?
Based on historical data, Comcast Corporation is trading at a P/E of 4.9x. Compare with industry peers and growth rates for a complete picture.
What is Comcast Corporation's dividend yield?
Comcast Corporation's current dividend yield is 5.09% with a payout ratio of 24.7%.
What are Comcast Corporation's profit margins?
Comcast Corporation has 60.1% gross margin and 16.7% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Comcast Corporation have?
Comcast Corporation's Debt/EBITDA ratio is 3.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.