Stock Analysis on Net
Stock Analysis on Net
Stock Analysis on Net without ads!

Comcast Corp. (NASDAQ:CMCSA)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

Comcast Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Accounts payable and accrued expenses related to trade creditors 4.61 4.61 4.06 4.28 4.32 4.31 4.25 4.36 4.47 4.47 4.70 4.68 4.66 4.69 4.88 4.81 4.61 4.64 4.51 4.34 4.21 4.00
Deferred revenue 1.47 1.54 1.50 1.55 1.47 1.41 1.32 1.40 1.50 1.31 1.22 1.37 1.27 1.03 0.93 1.08 1.04 1.10 1.10 1.12 1.29 1.21
Accrued expenses and other current liabilities 4.40 4.59 4.55 4.01 3.73 4.11 4.01 3.87 3.61 5.09 5.02 4.04 3.70 4.35 4.36 4.31 3.90 4.31 4.25 3.95 3.85 4.13
Current portion of debt 2.38 2.07 2.19 2.14 2.09 2.56 1.84 0.97 0.39 0.95 0.78 1.14 0.96 0.44 0.68 0.80 0.78 0.77 0.77 0.25 1.23 1.72
Advance on sale of investment 0.00 0.00 0.00 0.00 0.00 3.42 3.44 3.40 3.49 3.48 3.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Collateralized obligation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.98 1.97 1.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current liabilities 12.85% 12.81% 12.30% 11.98% 11.61% 15.81% 14.87% 14.00% 13.46% 15.30% 15.18% 13.20% 12.56% 12.49% 10.84% 11.01% 10.33% 10.82% 10.64% 9.65% 10.58% 11.06%
Noncurrent portion of debt 32.72 34.31 34.10 34.14 34.99 34.46 35.38 36.59 36.99 35.69 35.88 36.14 36.23 36.39 36.17 35.55 34.25 33.73 33.61 34.84 34.36 35.52
Collateralized obligation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.01 2.03 1.94 1.89 1.87 1.87 1.87 1.86
Deferred income taxes 11.24 10.86 10.19 10.39 10.11 9.39 9.48 9.73 10.00 9.86 9.82 11.14 11.08 11.10 11.16 11.44 11.04 10.89 10.89 10.85 10.66 10.15
Other noncurrent liabilities 8.27 7.96 7.69 7.73 7.70 7.74 7.87 7.61 7.58 7.56 7.60 7.57 7.74 7.85 7.93 7.98 7.58 7.46 7.47 7.49 7.50 7.43
Noncurrent liabilities 52.22% 53.14% 51.99% 52.26% 52.80% 51.59% 52.72% 53.93% 54.57% 53.10% 53.30% 54.85% 55.05% 55.34% 57.27% 57.00% 54.82% 53.97% 53.84% 55.04% 54.38% 54.95%
Total liabilities 65.07% 65.95% 64.28% 64.24% 64.41% 67.40% 67.59% 67.93% 68.03% 68.40% 68.48% 68.06% 67.61% 67.83% 68.11% 68.01% 65.15% 64.79% 64.48% 64.69% 64.97% 66.02%
Redeemable noncontrolling interests 0.07 0.08 0.08 0.08 0.08 0.09 0.09 0.08 0.09 0.09 0.09 0.09 0.09 0.16 0.16 0.16 0.19 0.19 0.19 0.19 0.19 0.20
Preferred stock; issued, zero 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Class A common stock, $0.01 par value 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Class B common stock, $0.01 par value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 14.63 14.44 13.83 13.83 13.80 14.13 14.31 14.14 14.55 14.52 14.55 14.89 14.92 15.13 15.32 15.64 14.92 14.57 14.56 14.49 14.46 14.27
Retained earnings 23.41 22.54 24.46 24.50 24.10 21.46 21.40 20.42 20.68 20.27 19.97 20.59 20.56 20.25 20.06 20.66 22.92 22.46 22.44 22.30 21.79 20.94
Treasury stock -2.92 -2.89 -2.76 -2.75 -2.74 -2.81 -2.82 -2.79 -2.86 -2.85 -2.84 -2.88 -2.87 -2.90 -2.92 -2.96 -2.82 -2.74 -2.72 -2.71 -2.71 -2.70
Accumulated other comprehensive income (loss) -0.29 -0.15 0.00 -0.03 0.19 -0.45 -0.77 0.00 -0.69 -0.64 -0.47 -0.97 -0.55 -0.73 -1.01 -1.79 -0.81 0.25 0.54 0.48 0.72 0.71
Total Comcast Corporation shareholders’ equity 34.85% 33.95% 35.54% 35.56% 35.37% 32.36% 32.14% 31.78% 31.70% 31.32% 31.23% 31.65% 32.09% 31.77% 31.46% 31.57% 34.24% 34.55% 34.83% 34.57% 34.27% 33.24%
Noncontrolling interests 0.00 0.02 0.09 0.12 0.14 0.16 0.18 0.20 0.18 0.19 0.20 0.21 0.21 0.24 0.27 0.25 0.42 0.47 0.51 0.55 0.57 0.55
Total equity 34.86% 33.97% 35.63% 35.68% 35.50% 32.51% 32.32% 31.98% 31.88% 31.51% 31.43% 31.85% 32.30% 32.01% 31.73% 31.82% 34.66% 35.02% 35.33% 35.12% 34.84% 33.79%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).

The capital structure is characterized by a consistent reliance on debt, with total liabilities fluctuating between 64.24% and 68.48% of total liabilities and equity. Total equity conversely varies between 31.43% and 35.68%, indicating a relatively stable leverage profile with periodic shifts in financing strategy.

Liability Composition and Debt Profile
Noncurrent debt serves as the primary component of the balance sheet, maintaining a range between 32.72% and 36.39%. While the noncurrent portion remained stable, the current portion of debt exhibited an upward trajectory in the latter periods, rising from under 1% in early 2021 to 2.38% by June 2026, suggesting a shift in maturity schedules or a strategic increase in short-term obligations.
Current liabilities showed a notable peak in December 2023 at 15.18%, driven in part by an increase in accrued expenses and the temporary appearance of advances on the sale of investments, which represented approximately 3.4% of the total structure between December 2023 and March 2024.
Deferred income taxes remained a significant and stable noncurrent liability, generally oscillating between 9% and 11% over the analyzed period.
Equity Trends and Shareholder Value
Retained earnings demonstrate a general growth trend, increasing from 20.94% in March 2021 to a peak of 24.50% in June 2025, reflecting a consistent accumulation of earnings over time. This growth contributed to the overall increase in total equity observed toward the end of the period.
Additional paid-in capital remained relatively steady, typically ranging between 13.8% and 15.6%, indicating limited new equity issuance during this timeframe.
Treasury stock acted as a constant contra-equity account, maintaining a range between -2.70% and -2.96%, which suggests a consistent program of share repurchases.
Accumulated other comprehensive income (loss) displayed significant volatility, transitioning from positive values in early 2021 to predominantly negative values from June 2022 onward, though its impact on the overall equity percentage remained marginal.

In summary, the balance sheet reflects a mature capital structure with a high proportion of long-term debt and a growing equity base driven primarily by retained earnings. The most significant recent change is the gradual increase in the current portion of debt and the fluctuations in current liability percentages during 2023 and 2024.

AI Ask an analyst for more