Comcast (XSWX:CMCSA) Debt-to-Equity: 1.07 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:CMCSA Comcast Corp XSWX:CMCSA
65 GF Score
Price CHF19.16
GF Value CHF33.95
! 2 Warning Signs
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What is Comcast Debt-to-Equity?

Comcast XSWX:CMCSA 65 Debt-to-Equity is 1.07 as of Mar. 2026, which is 8% below its 10-year median of 1.16. GuruFocus rates XSWX:CMCSA with a GF Score™ of 65/100 and a GF Value™ of CHF33.95. The stock has 2 warning signs investors should review. Among 322 Telecommunication Services companies, Comcast ranks worse than 68.63% on this metric.

Comcast's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF4,247 Mil. Comcast's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF70,241 Mil. Comcast's Total Stockholders Equity for the quarter that ended in Mar. 2026 was CHF69,498 Mil. Comcast's debt to equity for the quarter that ended in Mar. 2026 was 1.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Comcast's Debt-to-Equity or its related term are showing as below:

XSWX:CMCSA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.91   Med: 1.16   Max: 1.56
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Comcast was 1.56. The lowest was 0.91. And the median was 1.16.

XSWX:CMCSA's Debt-to-Equity is ranked worse than
68.63% of 322 companies
in the Telecommunication Services industry
Industry Median: 0.615 vs XSWX:CMCSA: 1.07

Comcast  (XSWX:CMCSA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Comcast Debt-to-Equity Related Terms


Comcast Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Comcast's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comcast Debt-to-Equity Chart

Comcast Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.24 1.17 1.16 1.02

Comcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 1.05 1.02 1.02 1.07

XSWX:CMCSA vs ECHO, CHTR, TIGO: Debt-to-Equity Comparison

For the Telecom Services subindustry, Comcast's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comcast Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Comcast's Debt-to-Equity falls into.


XSWX:CMCSA
65GF Score
Comcast Corp XSWX:CMCSA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Comcast Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Comcast's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Comcast's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.07 mean?
Comcast (XSWX:CMCSA) has a Debt-to-Equity of 1.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Comcast and its competitors. This is near median its historical median of 1.16. Over the past decade, Comcast's Debt-to-Equity has ranged from 0.91 to 1.56. According to the industry distribution chart, Comcast ranks #221 out of 322 companies in the Telecommunication Services industry, placing it in the top 68.6%.
Is Comcast's Debt-to-Equity too high?
Comcast's current Debt-to-Equity of 1.07 is near median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.56. The Telecommunication Services industry median Debt-to-Equity is 0.62. Comcast's value of 1.07 is 74% above this industry median. Based on the distribution chart, Comcast ranks #221 out of 322 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Comcast has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Comcast's Debt-to-Equity compare to ECHO and CHTR?
According to the Telecommunication Services industry distribution chart, Comcast ranks #221 out of 322 companies for Debt-to-Equity. This places Comcast in the lower half of its industry. The industry median Debt-to-Equity is 0.62. Comcast's value of 1.07 is 74% above this benchmark. Historically, Comcast's own Debt-to-Equity has ranged from 0.91 to 1.56 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.62, Comcast has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 322 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comcast's current Debt-to-Equity of 1.07 is 74% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Comcast and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comcast's current Debt-to-Equity is 1.07, which is near median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comcast stock overvalued right now?
Comcast (XSWX:CMCSA) has a current Debt-to-Equity of 1.07. The stock's GF Value™ is CHF33.95, compared to a current price of CHF19.16 — trading 43.6% below its estimated fair value. The current Debt-to-Equity is 1.07, which is near median its 10-year median of 1.16 and 74% above the Telecommunication Services industry median of 0.62. Comcast's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Comcast (XSWX:CMCSA), the current Debt-to-Equity is 1.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comcast (XSWX:CMCSA) Overvalued in 2026?

Based on GuruFocus' analysis, Comcast stock appears to be undervalued. The current stock price of CHF19.16 is trading 43.6% below its estimated GF Value™ of CHF33.95.

Key valuation signals for XSWX:CMCSA:

  • Debt-to-Equity: 1.07 (near median its 10-year median of 1.16)
  • GF Value™: CHF33.95 vs. price of CHF19.16 (43.6% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 74% above the Telecommunication Services median (#221 of 322)

No single metric tells the full story. See the XSWX:CMCSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comcast Business Description

Address One Comcast Center, Philadelphia, PA, USA, 19103-2838
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. The firm provides services to about half the locations in this territory. Comcast acquired NBCUniversal from General Electric in 2011. Following the spinoff of several cable networks, including CNBC, MSNBC, and USA, NBCU now consists of the NBC network, several local NBC affiliates, Bravo, the Peacock streaming platform, Universal Studios, and several theme parks. Finally, Sky, acquired in 2018, is a large television provider in the UK and Italy.
65GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF19.16
Price
CHF33.95
GF Value