Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.
Paying user area
Try for free
Comcast Corp. pages available for free this week:
- Balance Sheet: Assets
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Equity (ROE) since 2005
- Price to Earnings (P/E) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Revenues
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Comcast Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Comcast Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
US$ in millions
Based on: 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 company's overall capital structure exhibits relative stability in total assets, with total liabilities and equity fluctuating between $254 billion and $278 billion over the analyzed period. While the aggregate balance remains steady, there is significant internal volatility within both the liability composition and the equity accounts.
- Debt Maturity and Current Liability Trends
- A notable shift in the debt profile is observed in the current portion of debt, which exhibited significant volatility. After remaining relatively low between 2022 and 2023, this figure climbed sharply to a peak of $6.8 billion in March 2025. This trend indicates a concentration of upcoming debt maturities. Additionally, the appearance of a $9.1 billion advance on the sale of investment between December 2023 and March 2025 contributed to a peak in total current liabilities of $42.3 billion during the first quarter of 2025.
- Long-Term Liability Stability
- Noncurrent liabilities remained the dominant component of the balance sheet, generally ranging from $138 billion to $153 billion. The noncurrent portion of debt showed minimal fluctuation, consistently staying between $89 billion and $98 billion, suggesting a long-term financing strategy with fixed-term obligations. Deferred income taxes also remained relatively stable, though a slight downward trend was noted, moving from $28.3 billion in March 2021 to $28.2 billion in March 2026, with a dip to $25.1 billion in early 2024.
- Shareholders' Equity and Retained Earnings Volatility
- Total shareholders' equity experienced two distinct cycles of contraction and expansion. An initial decline occurred between March 2021 ($92.6 billion) and September 2022 ($80.3 billion), primarily driven by a sharp reduction in retained earnings from $61.9 billion to $51.6 billion. This was followed by a recovery period where equity peaked at $97.1 billion in September 2025. However, a final sharp contraction occurred by March 2026, with equity dropping to $88.3 billion and retained earnings falling to $58.6 billion.
- Other Comprehensive Income and Noncontrolling Interests
- Accumulated other comprehensive income demonstrated high sensitivity, swinging from a positive $1.97 billion in March 2021 to a negative $4.56 billion in September 2022. This volatility suggests significant exposure to external market factors. Simultaneously, noncontrolling interests showed a steady long-term decline, decreasing from $1.5 billion in early 2021 to $61 million by March 2026, indicating a reduction in the value or proportion of minority stakes in subsidiary operations.