Comcast Historical Income Statement

CMCSA Stock  USD 43.07  0.59  1.39%   
Historical analysis of Comcast Corp income statement accounts such as Interest Expense of 4.3 B, Selling General Administrative of 41.1 B or Total Revenue of 127.7 B can show how well Comcast Corp performed in making a profits. Evaluating Comcast Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Comcast Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Comcast Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Comcast Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.

About Comcast Income Statement Analysis

Comcast Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Comcast Corp shareholders. The income statement also shows Comcast investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Comcast Corp Income Statement Chart

Comcast Corp Income Statement is one of the three primary financial statements used for reporting Comcast's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Comcast Corp revenue and expense. Comcast Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Comcast Corp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 4.3 B, whereas Minority Interest is forecasted to decline to about 308.8 M.

Total Revenue

Total revenue comprises all receipts Comcast Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Comcast Corp minus its cost of goods sold. It is profit before Comcast Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Comcast Corp. It is also known as Comcast Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Comcast Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Comcast Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.At present, Comcast Corp's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 4.3 B, whereas Minority Interest is forecasted to decline to about 308.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit77.9B83.2B84.8B89.1B
Total Revenue116.4B121.4B121.6B127.7B

Comcast Corp income statement Correlations

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0.70.920.990.980.980.970.970.930.761.00.85-0.340.670.310.07-0.470.47-0.340.91-0.110.76-0.750.79-0.46
0.710.960.991.00.980.970.970.930.880.960.84-0.380.640.340.05-0.480.45-0.230.9-0.070.79-0.790.83-0.45
0.680.920.970.980.970.971.00.940.830.950.88-0.280.710.30.11-0.350.52-0.320.86-0.140.69-0.660.71-0.46
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0.890.90.920.940.930.930.940.950.790.920.86-0.210.640.350.04-0.270.46-0.160.76-0.060.64-0.630.68-0.45
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0.660.830.830.850.850.840.880.90.860.690.830.160.820.270.15-0.230.68-0.120.66-0.150.55-0.580.57-0.54
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0.40.630.650.650.670.640.710.720.640.490.660.820.17-0.320.18-0.150.95-0.140.55-0.670.39-0.430.38-0.39
0.380.320.330.330.310.340.30.290.350.340.310.27-0.1-0.32-0.11-0.23-0.5-0.050.230.890.33-0.280.38-0.27
-0.050.190.020.060.070.050.110.10.040.010.060.150.060.18-0.110.250.220.110.06-0.23-0.10.03-0.270.34
-0.12-0.43-0.52-0.46-0.47-0.48-0.35-0.34-0.27-0.34-0.51-0.230.42-0.15-0.230.25-0.020.26-0.66-0.16-0.830.82-0.80.35
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0.07-0.08-0.08-0.08-0.11-0.07-0.14-0.15-0.06-0.01-0.1-0.15-0.05-0.670.89-0.23-0.16-0.750.08-0.090.12-0.040.14-0.03
0.460.760.810.780.760.790.690.680.640.670.780.55-0.450.390.33-0.1-0.830.27-0.220.880.12-0.890.92-0.31
-0.47-0.82-0.8-0.77-0.75-0.79-0.66-0.65-0.63-0.67-0.77-0.580.42-0.43-0.280.030.82-0.290.08-0.79-0.04-0.89-0.920.37
0.520.760.850.810.790.830.710.710.680.710.810.57-0.460.380.38-0.27-0.80.2-0.210.840.140.92-0.92-0.52
-0.28-0.32-0.5-0.45-0.46-0.45-0.46-0.51-0.45-0.36-0.46-0.54-0.25-0.39-0.270.340.35-0.190.45-0.29-0.03-0.310.37-0.52
Click cells to compare fundamentals

Comcast Corp Account Relationship Matchups

Comcast Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization12.7B13.2B16.0B13.8B14.3B15.1B
Interest Expense4.6B4.6B4.3B3.9B4.1B4.3B
Selling General Administrative32.8B33.1B35.6B38.3B39.2B41.1B
Total Revenue108.9B103.6B116.4B121.4B121.6B127.7B
Gross Profit74.5B70.4B77.9B83.2B84.8B89.1B
Other Operating Expenses87.8B86.1B95.6B98.8B98.3B103.2B
Operating Income21.1B17.5B20.8B22.1B23.3B24.5B
Ebit21.1B17.5B20.8B22.1B24.7B25.9B
Ebitda33.9B30.7B36.8B35.9B39.0B41.0B
Cost Of Revenue34.4B33.1B38.5B38.2B36.8B38.6B
Total Operating Expenses53.4B53.0B57.1B60.6B61.5B64.6B
Income Before Tax17.0B14.1B19.1B9.3B20.5B21.5B
Total Other Income Expense Net(4.1B)(3.4B)(1.7B)(12.8B)1.3B1.3B
Net Income13.1B10.5B14.2B5.4B15.4B16.2B
Income Tax Expense3.7B3.4B5.3B4.4B5.4B5.6B
Net Income Applicable To Common Shares13.1B10.5B14.2B5.4B6.2B7.3B
Minority Interest2.2B2.5B2.7B325M445M308.8M
Net Income From Continuing Ops13.3B10.7B13.8B4.9B14.8B11.9B
Non Operating Income Net Other438M1.2B2.6B(861M)(774.9M)(736.2M)
Selling And Marketing Expenses7.6B6.7B7.7B8.5B8.0B7.0B
Tax Provision3.7B3.4B5.3B4.4B5.3B3.4B
Net Interest Income(4.6B)(4.6B)(4.3B)(3.9B)(4.0B)(4.2B)
Reconciled Depreciation13.0B13.1B13.8B13.8B14.3B13.9B

Pair Trading with Comcast Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comcast Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comcast Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Comcast Stock

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The ability to find closely correlated positions to Comcast Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comcast Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comcast Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comcast Corp to buy it.
The correlation of Comcast Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comcast Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comcast Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comcast Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Comcast Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comcast Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comcast Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comcast Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Comcast Stock analysis

When running Comcast Corp's price analysis, check to measure Comcast Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Is Comcast Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comcast Corp. If investors know Comcast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comcast Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.144
Dividend Share
1.16
Earnings Share
3.71
Revenue Per Share
29.493
Quarterly Revenue Growth
0.023
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comcast Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.