Net Profit Margin
since 2005
Calculation
Comcast Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income attributable to Comcast Corporation1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 13.09% | = | 100 | × | 16,192) | ÷ | 123,731) |
| Dec 31, 2023 | 12.66% | = | 100 | × | 15,388) | ÷ | 121,572) |
| Dec 31, 2022 | 4.42% | = | 100 | × | 5,370) | ÷ | 121,427) |
| Dec 31, 2021 | 12.17% | = | 100 | × | 14,159) | ÷ | 116,385) |
| Dec 31, 2020 | 10.17% | = | 100 | × | 10,534) | ÷ | 103,564) |
| Dec 31, 2019 | 11.99% | = | 100 | × | 13,057) | ÷ | 108,942) |
| Dec 31, 2018 | 12.41% | = | 100 | × | 11,731) | ÷ | 94,507) |
| Dec 31, 2017 | 26.87% | = | 100 | × | 22,714) | ÷ | 84,526) |
| Dec 31, 2016 | 10.81% | = | 100 | × | 8,695) | ÷ | 80,403) |
| Dec 31, 2015 | 10.96% | = | 100 | × | 8,163) | ÷ | 74,510) |
| Dec 31, 2014 | 12.18% | = | 100 | × | 8,380) | ÷ | 68,775) |
| Dec 31, 2013 | 10.54% | = | 100 | × | 6,816) | ÷ | 64,657) |
| Dec 31, 2012 | 9.91% | = | 100 | × | 6,203) | ÷ | 62,570) |
| Dec 31, 2011 | 7.45% | = | 100 | × | 4,160) | ÷ | 55,842) |
| Dec 31, 2010 | 9.58% | = | 100 | × | 3,635) | ÷ | 37,937) |
| Dec 31, 2009 | 10.17% | = | 100 | × | 3,638) | ÷ | 35,756) |
| Dec 31, 2008 | 7.44% | = | 100 | × | 2,547) | ÷ | 34,256) |
| Dec 31, 2007 | 8.37% | = | 100 | × | 2,587) | ÷ | 30,895) |
| Dec 31, 2006 | 10.15% | = | 100 | × | 2,533) | ÷ | 24,966) |
| Dec 31, 2005 | 4.17% | = | 100 | × | 928) | ÷ | 22,255) |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
- Revenue Trends
- The revenue of the company demonstrated a consistent upward trend over the analyzed period. Starting from approximately $22.3 billion in 2005, revenue grew steadily each year, reaching about $123.7 billion in 2024. Notable growth spurts occurred between 2006 and 2011, where annual revenue increased from around $24.9 billion to $55.8 billion. Subsequent years showed continued growth, albeit at a slightly slower pace, with minor fluctuations observed around 2019 and 2020 before resuming upward movement.
- Net Income Attributable to Comcast Corporation
- The net income figures exhibit significant variability during the period. Initial net income was $928 million in 2005, rising substantially to a peak of $22.7 billion in 2017, reflecting a period of strong profitability. However, this peak was followed by a sharp decline to $5.4 billion in 2022, indicating a considerable decrease in net profitability. After this drop, net income rebounded, increasing to $16.2 billion in 2024. This pattern suggests periods of exceptional earnings possibly related to extraordinary items or operational shifts.
- Net Profit Margin
- The net profit margin generally followed a positive and improving trend with some volatility. Beginning at 4.17% in 2005, margins improved significantly to a peak of 26.87% in 2017, aligning with the peak in net income for the same year. Post-2017, the margin declined sharply to 4.42% in 2022, then recovered to approximately 13.1% in 2024. These fluctuations imply periods of changing operational efficiency and profitability, with margins expanding during times of high net income and contracting when income fell.
- Overall Financial Performance
- The data reflects robust revenue growth over two decades, indicating successful top-line expansion. Profitability measures, namely net income and profit margins, showed strong growth until 2017, followed by volatility and a dip around 2021-2022, then recovery towards the end of the period. This pattern may indicate external market impacts, strategic investments, or extraordinary events affecting earnings. Despite fluctuations in profitability, the sustained revenue growth confirms ongoing business expansion and market presence.
Comparison to Competitors
Comcast Corp., net profit margin, long-term trends, comparison to competitors
| Comcast Corp. | Alphabet Inc. | Meta Platforms Inc. | Netflix Inc. | Take-Two Interactive Software Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Dec 31, 2024 | 13.09% | 28.60% | 37.91% | 22.34% | -69.99% | 5.44% |
| Dec 31, 2023 | 12.66% | 24.01% | 28.98% | 16.04% | -21.02% | 2.65% |
| Dec 31, 2022 | 4.42% | 21.20% | 19.90% | 14.21% | 11.93% | 3.80% |
| Dec 31, 2021 | 12.17% | 29.51% | 33.38% | 17.23% | 17.46% | 2.96% |
| Dec 31, 2020 | 10.17% | 22.06% | 33.90% | 11.05% | 13.09% | -4.38% |
| Dec 31, 2019 | 11.99% | 21.22% | 26.15% | 9.26% | 12.51% | 15.89% |
| Dec 31, 2018 | 12.41% | 22.46% | 39.60% | 7.67% | 9.68% | 21.20% |
| Dec 31, 2017 | 26.87% | 11.42% | 39.20% | 4.78% | 3.78% | 16.29% |
| Dec 31, 2016 | 10.81% | 21.58% | 36.97% | 2.11% | -0.59% | 16.88% |
| Dec 31, 2015 | 10.96% | 21.80% | 20.57% | 1.81% | -25.81% | 15.98% |
| Dec 31, 2014 | 12.18% | 21.88% | 23.58% | 4.85% | 15.38% | 15.37% |
| Dec 31, 2013 | 10.54% | 21.60% | 19.05% | 2.57% | -2.43% | 13.62% |
| Dec 31, 2012 | 9.91% | 21.40% | 1.04% | 0.48% | -13.18% | 13.44% |
| Dec 31, 2011 | 7.45% | 25.69% | — | 7.06% | 4.26% | 11.76% |
| Dec 31, 2010 | 9.58% | 29.01% | — | 7.44% | -16.12% | 10.41% |
| Dec 31, 2009 | 10.17% | 27.57% | — | 6.94% | -14.24% | 9.15% |
| Dec 31, 2008 | 7.44% | 19.39% | — | 6.08% | 6.32% | 11.70% |
| Dec 31, 2007 | 8.37% | 25.33% | — | 5.55% | -14.10% | 13.20% |
| Dec 31, 2006 | 10.15% | 29.02% | — | 4.92% | -17.81% | 9.84% |
| Dec 31, 2005 | 4.17% | 23.87% | — | 6.16% | 3.12% | 7.93% |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Media & Entertainment)
Comcast Corp., net profit margin, long-term trends, comparison to sector (media & entertainment)
| Comcast Corp. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2024 | 13.09% | 24.37% |
| Dec 31, 2023 | 12.66% | 19.50% |
| Dec 31, 2022 | 4.42% | 15.12% |
| Dec 31, 2021 | 12.17% | 23.17% |
| Dec 31, 2020 | 10.17% | 17.24% |
| Dec 31, 2019 | 11.99% | 18.24% |
| Dec 31, 2018 | 12.41% | 21.57% |
| Dec 31, 2017 | 26.87% | 20.00% |
| Dec 31, 2016 | 10.81% | 18.15% |
| Dec 31, 2015 | 10.96% | 15.99% |
| Dec 31, 2014 | 12.18% | 16.62% |
| Dec 31, 2013 | 10.54% | 15.00% |
| Dec 31, 2012 | 9.91% | 13.72% |
| Dec 31, 2011 | 7.45% | 13.66% |
| Dec 31, 2010 | 9.58% | 14.91% |
| Dec 31, 2009 | 10.17% | 13.69% |
| Dec 31, 2008 | 7.44% | 11.76% |
| Dec 31, 2007 | 8.37% | 13.39% |
| Dec 31, 2006 | 10.15% | 12.31% |
| Dec 31, 2005 | 4.17% | 8.05% |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
Comcast Corp., net profit margin, long-term trends, comparison to industry (communication services)
| Comcast Corp. | Communication Services | |
|---|---|---|
| Dec 31, 2024 | 13.09% | 20.53% |
| Dec 31, 2023 | 12.66% | 16.48% |
| Dec 31, 2022 | 4.42% | 11.47% |
| Dec 31, 2021 | 12.17% | 18.71% |
| Dec 31, 2020 | 10.17% | 11.50% |
| Dec 31, 2019 | 11.99% | 14.62% |
| Dec 31, 2018 | 12.41% | 16.41% |
| Dec 31, 2017 | 26.87% | 19.78% |
| Dec 31, 2016 | 10.81% | 12.77% |
| Dec 31, 2015 | 10.96% | 12.70% |
| Dec 31, 2014 | 12.18% | 10.14% |
| Dec 31, 2013 | 10.54% | 12.53% |
| Dec 31, 2012 | 9.91% | 7.53% |
| Dec 31, 2011 | 7.45% | 6.73% |
| Dec 31, 2010 | 9.58% | 11.37% |
| Dec 31, 2009 | 10.17% | 9.01% |
| Dec 31, 2008 | 7.44% | 9.64% |
| Dec 31, 2007 | 8.37% | 9.70% |
| Dec 31, 2006 | 10.15% | 10.04% |
| Dec 31, 2005 | 4.17% | 9.49% |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).