Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

$24.99

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

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

Microsoft Excel
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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Accounts payable and accrued expenses related to trade creditors
Deferred revenue
Accrued expenses and other current liabilities
Current portion of debt
Advance on sale of investment
Collateralized obligation
Current liabilities
Noncurrent portion of debt
Collateralized obligation
Deferred income taxes
Other noncurrent liabilities
Noncurrent liabilities
Total liabilities
Redeemable noncontrolling interests
Preferred stock; issued, zero
Class A common stock, $0.01 par value
Class B common stock, $0.01 par value
Additional paid-in capital
Retained earnings
Treasury stock
Accumulated other comprehensive income (loss)
Total Comcast Corporation shareholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

Based on: 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), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Current liabilities
Current liabilities as a percentage of total liabilities and equity show fluctuations over the observed periods. Starting around 10.52% in early 2020, they generally rose to a peak of 15.81% by mid-2025, indicating an increasing short-term obligation trend. However, dips and partial recoveries occur throughout, reflecting some variability in short-term debt and other current liabilities.
Accounts payable and accrued expenses
This item displays a gradual increase from 3.8% in early 2020 to around 4.7% by late 2020, followed by mostly moderate declines and stabilizations around 4.3-4.4% towards mid-2025. This suggests a modest but steady rise in trade-related payables, with some normalization after peaks.
Deferred revenue
Deferred revenue exhibits a generally upward trend, rising from 1.0% at the start of 2020 to approximately 1.55% by mid-2025. The increase shows a growing amount of revenue collected but not yet earned, which could indicate expanded subscription or contractual business components.
Accrued expenses and other current liabilities
This category fluctuates between roughly 3.6% and 5.1%, with some volatile movements but no clear upward or downward long-term trend. The peaks and troughs may reflect timing differences in expense recognition and payments.
Current portion of debt
The current portion of debt shows notable volatility, starting at about 1.13% in early 2020, dipping to 0.25% in late 2021, and then rising again to over 2.5% by mid-2025. This variability suggests changes in debt maturity profiles, with some quarters seeing significant amounts of debt nearing due dates.
Noncurrent portion of debt
The noncurrent portion of debt gradually declines from 38.34% in early 2020 to around 34% by mid-2025, indicating a reduction in long-term debt relative to total liabilities and equity. Some fluctuations occur, but the general pattern signifies deleveraging or debt reclassification over time.
Deferred income taxes
This liability fluctuates mostly between 9.4% and 11.4% of total liabilities and equity, showing modest variability but generally stable levels without a clear ascending or descending trend.
Other noncurrent liabilities
This category remains relatively stable, hovering around 6.5% to 7.9% of total liabilities and equity, suggesting consistent levels of other long-term obligations.
Total liabilities
Total liabilities represent roughly two-thirds of total liabilities and equity throughout the period, ranging from a low near 64.2% to a high slightly over 68.0%, with no strong directional trend but some cyclical variation.
Total equity
Total equity generally ranges between roughly 31.5% and 35.7%, exhibiting modest growth at the end of the period towards mid-2025. The increase in shareholder equity suggests gradual capital accumulation or retained earnings growth.
Additional paid-in capital
This equity component shows slight decreases from 14.7% in early 2020 to near 13.8% by mid-2025, indicating minor dilution or capital structure shifts over time.
Retained earnings
Retained earnings display an overall increasing trend, rising from approximately 19.6% early in 2020 to about 24.5% by mid-2025, signaling consistent profitability retention or reduced dividend distribution.
Treasury stock
Treasury stock remains consistently negative around -2.7% to -2.9%, showing no major changes in share repurchase or retirement during the period.
Accumulated other comprehensive income (loss)
This item shows variability, swinging from small positive values in 2020 to negative territory afterward with some recovery towards 0%, reflecting fluctuations in unrealized gains and losses on investments or foreign currency adjustments.
Noncontrolling interests
Noncontrolling interests steadily decline from about 0.5% to approximately 0.1% of total liabilities and equity, indicating reduced minority stakeholder influence or ownership stakes.
Summary observation
Overall, the financial obligations show a modest trend toward increased current liabilities alongside decreasing noncurrent debt, suggesting a shift in debt structure. Equity components strengthen, primarily through retained earnings growth, while other elements such as paid-in capital and noncontrolling interests decrease slightly. The balance between liabilities and equity remains relatively stable but reflects gradual internal funding growth and liability restructuring.