Analysis of Geographic Areas
Comcast Corp. operates in 2 regions: United States and Other.
Area Asset Turnover
Comcast Corp., asset turnover by geographic area
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 1.94 | 2.18 | 2.21 | 1.98 | — |
| Other | 2.47 | 2.21 | 1.98 | 2.04 | — |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
| Other | Other area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: United States
Comcast Corp.; United States; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 94,375) | 96,441) | 90,926) | 80,327) | —) |
| Property and equipment, net | 48,700) | 44,200) | 41,187) | 40,580) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.94 | 2.18 | 2.21 | 1.98 | — |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property and equipment, net
= 94,375 ÷ 48,700 = 1.94
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: Other
Comcast Corp.; Other; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 27,197) | 24,986) | 25,459) | 23,237) | —) |
| Property and equipment, net | 11,000) | 11,300) | 12,860) | 11,415) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.47 | 2.21 | 1.98 | 2.04 | — |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property and equipment, net
= 27,197 ÷ 11,000 = 2.47
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Revenue
Comcast Corp., revenue by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 94,375) | 96,441) | 90,926) | 80,327) | —) |
| Other | 27,197) | 24,986) | 25,459) | 23,237) | —) |
| Total | 121,572) | 121,427) | 116,385) | 103,564) | —) |
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).
Property and equipment, net
Comcast Corp., property and equipment, net by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 48,700) | 44,200) | 41,187) | 40,580) | —) |
| Other | 11,000) | 11,300) | 12,860) | 11,415) | —) |
| Total | 59,700) | 55,500) | 54,047) | 51,995) | —) |
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).