Stock Analysis on Net
Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Common-Size Income Statement

Comcast Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue 100.00 100.00 100.00 100.00 100.00
Programming and production -30.24 -31.47 -33.04 -31.98 -31.61
Gross profit 69.76% 68.53% 66.96% 68.02% 68.39%
Marketing and promotion -6.56 -7.01 -6.61 -6.51 -6.99
Other operating and administrative -32.24 -31.51 -30.60 -31.97 -30.11
Depreciation -7.28 -7.18 -7.41 -8.03 -7.95
Amortization -4.51 -4.20 -4.45 -4.62 -3.94
Goodwill and long-lived asset impairments 0.00 -7.07 0.00 0.00 0.00
Operating income 19.18% 11.56% 17.89% 16.89% 19.39%
Interest expense -3.36 -3.21 -3.68 -4.43 -4.19
Equity in net income (losses) of investees, net 0.65 -0.44 1.72 -0.11 -0.46
Realized and unrealized gains (losses) on equity securities, net -0.11 -0.26 0.29 0.98 0.60
Other income (loss), net 0.49 0.00 0.18 0.25 0.26
Investment and other income (loss), net 1.03% -0.71% 2.20% 1.12% 0.40%
Income before income taxes 16.84% 7.65% 16.41% 13.58% 15.60%
Income tax expense -4.42 -3.59 -4.52 -3.25 -3.37
Net income 12.43% 4.06% 11.89% 10.33% 12.23%
Net (income) loss attributable to noncontrolling interests 0.23 0.37 0.28 -0.16 -0.24
Net income attributable to Comcast Corporation 12.66% 4.42% 12.17% 10.17% 11.99%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Comcast Corp. operating income as a percentage of revenue decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Comcast Corp. income before income taxes as a percentage of revenue decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Net income attributable to Comcast Corporation The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Comcast Corp. net income attributable to Comcast Corporation as a percentage of revenue decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.