{ "ok": true, "cik": "1166691", "ticker": "CMCSA", "name": "COMCAST CORPORATION", "filings": [ { "form": "10-Q", "filed": "2026-07-23", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1166691/000162828026049360/0001628280-26-049360-index.htm" }, { "form": "8-K", "filed": "2026-07-23", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1166691/000162828026049274/0001628280-26-049274-index.htm" }, { "form": "8-K", "filed": "2026-06-29", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1166691/000095010326009591/0000950103-26-009591-index.htm" }, { "form": "8-K", "filed": "2026-06-12", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1166691/000162828026042848/0001628280-26-042848-index.htm" }, { "form": "8-K", "filed": "2026-06-03", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1166691/000095010326008429/0000950103-26-008429-index.htm" }, { "form": "8-K", "filed": "2026-06-02", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1166691/000095010326008329/0000950103-26-008329-index.htm" } ], "events12m": 24, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-02-27", "url": "https://www.sec.gov/Archives/edgar/data/1166691/000162828026012809/0001628280-26-012809-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001166691.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1166691" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "đŸ«§ Edgar looked up COMCAST CORPORATION ($CMCSA). Last filing: 10-Q, 2026-07-23. 24 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 123707000000, "revenueGrowth1y": -0.00019396917506531164, "revenueGrowthPerYear": 0.0153699728268617, "yearsOfData": 5, "operatingMargin": 0.16710452925056787, "operatingMarginPrior": 0.18828749464564257, "netMargin": 0.16165617143734792, "operatingCashFlow": 33643000000, "capitalSpending": 11750000000, "freeCashFlow": 21893000000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 9481000000, "longTermDebt": 92979000000, "longTermDebtChange": -0.012815068056823753, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 116385000000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 121427000000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 121572000000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 123731000000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 123707000000 } ], "totalEquity": 96903000000, "totalAssets": 272631000000, "equityRatio": 0.35543646907358295, "returnOnEquity": 0.20637131977338163, "dividendsPaid": 4894000000, "payoutRatio": 0.2447244724472447, "dividendPerShare": 1.32, "dividendYearsRising": 10, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 5.41, "sharesOutstanding": 3709000000, "bookValuePerShare": 26.126449177675923, "revenuePerShare": 33.35319493124832, "range80": { "low": 112315133204.23236, "high": 128375913510.81091, "baseline": 124079739400.71524, "n": 1471, "band": "b10", "bandLabel": "$10B+", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.01982662647023305, "classVolatility": 0.06659579566308972, "volatility": 0.049132957967082266 }, "ifPaceHeld": { "low": 112315133204.23236, "high": 128375913510.81091 } }, "edgarette": "🔖 Exposure: revenue $123.7B (FY2025), total debt $93.0B. Experience: revenue down 0.0% on the year, up 1.5% a year over 4 years; operating margin 16.7%, down from 18.8%. Soundness: equity 35.5% of assets, return on equity 20.6%, payout 24.5% of profit, dividend per share up 10 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $112.3B and $128.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $105.9B to $135.4B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, cable & other pay television services): operating margin 16.7% against a 5.8% median; growth -0.0% against -0.0%.", "peers": { "sic": 4841, "sicDescription": "Cable & Other Pay Television Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "4841", "growth": [ -0.0002, 11 ], "opMargin": [ 0.0577, 11 ], "equityRatio": [ 0.3572, 10 ] }, "summary": "Comcast Corporation (CMCSA) saw revenue fall 0.0% in FY2025 to $123.7 billion, operating margin 16.7% against a 5.8% median for cable & other pay television services, equity 35.5% of assets, and dividend per share up 10 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
COMCAST CORPORATION against its own record and its peers
Operating marginPeer median 5.8%16.7%Revenue, on the yearPeer median -0.0%-0.0%Equity of assetsPeer median 35.7%35.5%Return on equity20.6%Payout of profit24.5%Gold tick: the median of 10–10 peers with $50M+ revenue in cable & other pay television services
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit24.5% paid out75.5% keptHanded back per share$1.32up 10 years runningGrowth its own profit can fund15.6%retained x return on equityRevenue growth it managed-0.0%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 15, "hits": 10, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2011": [ 0, 1 ], "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 0, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:36:27.830Z", "hash": "81b903e9a001dd83", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Comcast Corporation (CMCSA) saw revenue fall 0.0% in FY2025 to $123.7 billion, operating margin 16.7% against a 5.8% median for cable & other pay television services, equity 35.5% of assets, and dividend per share up 10 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 123707000000, "totalDebt": 92979000000, "cash": 9481000000 }, "experience": { "revenueGrowth1y": -0.00019396917506531164, "revenueGrowthPerYear": 0.0153699728268617, "operatingMargin": 0.16710452925056787, "operatingMarginPrior": 0.18828749464564257, "netMargin": 0.16165617143734792, "freeCashFlow": 21893000000 }, "soundness": { "equityRatio": 0.35543646907358295, "returnOnEquity": 0.20637131977338163, "payoutRatio": 0.2447244724472447, "dividendPerShare": 1.32, "dividendYearsRising": 10, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 4841, "sicDescription": "Cable & Other Pay Television Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "4841", "growth": [ -0.0002, 11 ], "opMargin": [ 0.0577, 11 ], "equityRatio": [ 0.3572, 10 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-02-27", "url": "https://www.sec.gov/Archives/edgar/data/1166691/000162828026012809/0001628280-26-012809-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 112315133204.23236, "high": 128375913510.81091, "baseline": 124079739400.71524, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 1471, "sizeBand": "$10B+", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.01982662647023305, "classVolatility": 0.06659579566308972, "pricedVolatility": 0.049132957967082266, "k": 3 }, "stress": { "low": 105910683458.57307, "high": 135438790990.61023, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 15, "hits": 10, "rate": 0.6666666666666666, "method": "v4", "byYear": { "2011": [ 0, 1 ], "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 0, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:36:27.830Z", "hash": "81b903e9a001dd83", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001166691.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1166691" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.272, "growth3y": 0.0062, "volatility": 0.0198, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.3554, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 27.2% of revenue into operating cash; revenue growing 0.6% a year over three years; pays and raised its dividend.", "outside": "Among $10B+ companies: 80th percentile for cash, 30th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$10B+", "cashPctInClass": 80, "growthPctInClass": 30, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 33643000000, "investing": -16157000000, "financing": -14346000000, "capitalSpending": 11750000000, "free": 21893000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 29146000000, "free": 19972000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 26413000000, "free": 15787000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 28501000000, "free": 16259000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 27673000000, "free": 15492000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 33643000000, "free": 21893000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 9481000000, "shortTerm": 14000000, "longTerm": 7952000000, "equityHoldings": null, "totalAssets": 272631000000, "ladder": null, "currentRatio": 0.88, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.272, "growth3y": 0.0062, "volatility": 0.0198, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.3554, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 27.2% of revenue into operating cash; revenue growing 0.6% a year over three years; pays and raised its dividend.", "outside": "Among $10B+ companies: 80th percentile for cash, 30th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$10B+", "cashPctInClass": 80, "growthPctInClass": 30, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 33643000000, "investing": -16157000000, "financing": -14346000000, "capitalSpending": 11750000000, "free": 21893000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 29146000000, "free": 19972000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 26413000000, "free": 15787000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 28501000000, "free": 16259000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 27673000000, "free": 15492000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 33643000000, "free": 21893000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 9481000000, "shortTerm": 14000000, "longTerm": 7952000000, "equityHoldings": null, "totalAssets": 272631000000, "ladder": null, "currentRatio": 0.88, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }