CMCSACOMCAST CORP
Cable & Other Pay Television Services
- Revenue
- $123.7B
- 0.0% YoY
- Operating margin
- 16.7%
- 11% YoY
- EBITDA
- $36.9B
- 3.2% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.1×
- $76.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear168% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear36% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear21% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $116.4B | $121.4B | $121.6B | $123.7B | $123.7B | 0.0% |
| Operating income | $20.8B | $14.0B | $23.3B | $23.3B | $20.7B | 11% |
| Net income | $14.2B | $5.4B | $15.4B | $16.2B | $20.0B | 24% |
| Operating cash flow | $29.1B | $26.4B | $28.5B | $27.7B | $33.6B | 22% |
| Capex | $9.2B | $10.6B | $12.2B | $12.2B | $11.8B | 3.5% |
| Stock-based comp | $1.3B | $1.3B | $1.2B | $1.3B | $1.3B | 0.0% |
| Buybacks | $4.7B | $13.3B | $11.3B | $9.1B | $7.2B | 21% |
| Dividends | $4.5B | $4.7B | $4.8B | $4.8B | $4.9B | 1.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $35M | $14M | 66 | 96 |
| FY2024 | $34M | −$2M | 79 | 92 |
| FY2023 | $35M | $71M | 90 | 78 |
| FY2022 | $32M | −$4M | 70 | 71 |
| FY2021 | $34M | $32M | 98 | 92 |