Comcast (Comcast) Net Margin %

: 10.43% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Comcast's Net Income for the three months ended in Dec. 2023 was $3,260 Mil. Comcast's Revenue for the three months ended in Dec. 2023 was $31,253 Mil. Therefore, Comcast's net margin for the quarter that ended in Dec. 2023 was 10.43%.

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

CMCSA' s Net Margin % Range Over the Past 10 Years
Min: 4.42 Med: 12.08 Max: 26.74
Current: 12.66

CMCSA's Net Margin % is ranked better than
76.84% of 380 companies
in the Telecommunication Services industry
Industry Median: 4.105 vs CMCSA: 12.66

Comcast Net Margin % Historical Data

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.

* Premium members only.

Comcast Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

11.99

10.17

12.17

4.42

12.66

Comcast Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																9.89	12.91	13.92	13.44	10.43

Competitive 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 % Distribution

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.

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. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	15388	/	121572
	=	12.66 %

Comcast's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3260	/	31253
	=	10.43 %

Comcast (NAS:CMCSA) 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

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Comcast (Comcast) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Comcast Corp (NAS:CMCSA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CCZ:USA CMCS A:Mexico 1CMCSA:Italy CTP2d:UK 0QYF:UK CTP2:Germany CTP2:Germany CTP2:Germany CTP2:Germany CMCSA:Chile CMCS34:Brazil

Address

One Comcast Center, Philadelphia, PA, USA, 19103-2838

Website

https://www.comcastcorporation.com

Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

Executives

Jason Armstrong	officer: CFO & Treasurer	C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Louise F. Brady	director	22 SYLVAN WAY, PARSIPPANY NY 07054
Baltimore Thomas J Jr	director	PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Jennifer Khoury	officer: Chief Communications Officer	C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Kenneth J Bacon	director	5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Daniel C. Murdock	officer: SVP & Chief Accounting Officer	1500 MARKET STREET, PHILADELPHIA PA 19102
David N Watson	officer: Sr. EVP	1100 CASSATT ROAD, BERWYN PA 19312
Brian L Roberts	director, officer: Chairman of Board, Pres. & CEO	COMCAST CORP, ONE COMCAST CENTER, 1701 JFK BOULEVARD, PHILIDELPHIA PA 19103
Maritza Gomez Montiel	director	C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Adam Louis Miller	officer: Sr. EVP	ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Dana Strong	officer: CEO - Sky	C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Jeff Shell	officer: CEO - NBCUniversal	C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Naomi M. Bergman	director	210 E. EARLL DRIVE, PHOENIX AZ 85012
Sheldon M Bonovitz	director
David L Cohen	officer: Executive Vice President