Comcast (WBO:CMCS) Net Margin %: 6.91% (As of Mar. 2026) — 44% Below Median


WBO:CMCS Comcast Corp WBO:CMCS
56 GF Score
Price €20.03
GF Value €36.11
Valuation Possible Value Trap
! 2 Warning Signs
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What is Comcast Net Margin %?

Comcast WBO:CMCS +2.09% 56 Net Margin % is 6.91% as of Mar. 2026, which is 44% below its 10-year median of 12.29. GuruFocus rates WBO:CMCS with a GF Score™ of 56/100 and a GF Value™ of €36.11 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 368 Telecommunication Services companies, Comcast ranks better than 80.16% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Comcast's Net Income for the three months ended in Mar. 2026 was €1,881 Mil. Comcast's Revenue for the three months ended in Mar. 2026 was €27,210 Mil. Therefore, Comcast's net margin for the quarter that ended in Mar. 2026 was 6.91%.

The historical rank and industry rank for Comcast's Net Margin % or its related term are showing as below:

WBO:CMCS' s Net Margin % Range Over the Past 10 Years
Min: 4.42   Med: 12.29   Max: 26.74
Current: 15


WBO:CMCS's Net Margin % is ranked better than
80.16% of 368 companies
in the Telecommunication Services industry
Industry Median: 5.455 vs WBO:CMCS: 15.00

Comcast  (WBO:CMCS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Comcast Net Margin % Related Terms


Comcast Net Margin % Historical Data

* Premium members only.

The historical data trend for Comcast's Net Margin % 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 Net Margin % Chart

Comcast Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.17 4.42 12.66 13.09 16.17

Comcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 11.29 36.69 10.68 6.71 6.91

WBO:CMCS vs SATS, CHTR, TIGO: Net Margin % Comparison

For the Telecom Services subindustry, Comcast's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Net Margin % distribution charts can be found below:

* The bar in red indicates where Comcast's Net Margin % falls into.


WBO:CMCS
56GF Score
Comcast Corp WBO:CMCS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Comcast Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Comcast's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=17078.292/105645.778
=16.17 %

Comcast's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1880.51/27210.305
=6.91 %

* 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 Net Margin % →
What does a Net Margin % of 6.91% mean?
Comcast (WBO:CMCS) has a Net Margin % of 6.91% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Comcast and its competitors. This is 44% below median its historical median of 12.29. Over the past decade, Comcast's Net Margin % has ranged from 4.42 to 26.74. According to the industry distribution chart, Comcast ranks #73 out of 368 companies in the Telecommunication Services industry, placing it in the top 19.8%.
Is Comcast's Net Margin % too high?
Comcast's current Net Margin % of 6.91% is 44% below median its 10-year median of 12.29. Over the past 10 years, this metric has ranged from a low of 4.42 to a high of 26.74. The Telecommunication Services industry median Net Margin % is 5.46. Comcast's value of 6.91% is 26.7% above this industry median. Based on the distribution chart, Comcast ranks #73 out of 368 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Comcast has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comcast's Net Margin % compare to SATS and CHTR?
According to the Telecommunication Services industry distribution chart, Comcast ranks #73 out of 368 companies for Net Margin %. This places Comcast in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 5.46. Comcast's value of 6.91% is 26.7% above this benchmark. Historically, Comcast's own Net Margin % has ranged from 4.42 to 26.74 over the past decade. While the company's 10-year median is 12.29 vs. the industry median of 5.46, 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 Net Margin % for a Telecommunication Services company?
The median Net Margin % among Telecommunication Services companies is 5.46, based on 368 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comcast's current Net Margin % of 6.91% is 26.7% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Comcast and its competitors. For the Telecommunication Services industry, the median Net Margin % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comcast's current Net Margin % is 6.91%, which is 44% below median its own 10-year median of 12.29. 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?
Based on GuruFocus' analysis, Comcast (WBO:CMCS) is currently considered Possible Value Trap. The stock's GF Value™ is €36.11, compared to a current price of €20.03 — trading 44.5% below its estimated fair value. The current Net Margin % is 6.91%, which is 44% below median its 10-year median of 12.29 and 26.7% above the Telecommunication Services industry median of 5.46. Comcast's overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Comcast (WBO:CMCS), the current Net Margin % is 6.91% 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 (WBO:CMCS) Overvalued in 2026?

Based on GuruFocus' analysis, Comcast stock appears to be undervalued. The current stock price of €20.03 is trading 44.5% below its estimated GF Value™ of €36.11. GuruFocus considers Comcast to be Possible Value Trap.

Key valuation signals for WBO:CMCS:

  • Net Margin %: 6.91% (44% below median its 10-year median of 12.29)
  • GF Value™: €36.11 vs. price of €20.03 (44.5% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 26.7% above the Telecommunication Services median (#73 of 368)

No single metric tells the full story. See the WBO:CMCS 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.
56GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.03
Price
€36.11
GF Value