TORVANTA
Communication Services · S&P 500 · data as of 2026-10-05

CMCSA stock analysis: Comcast

Comcast (CMCSA) is an S&P 500 company in Cable & Satellite. It grades strongest on value and weakest on growth and momentum.

The model's view of CMCSA · subscribers

Where CMCSA ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with CMCSA · updated 2026-10-05 · from prices and SEC filings

CMCSA price performance

CMCSA against the S&P 500, one year
-20%+0%+20%S&P 500 +18%CMCSA -24%2025-09-292026-10-05
Year to date-20.8%S&P 500 +14.5% · behind by 35.3 pts
1 year-23.4%S&P 500 +17.0% · behind by 40.4 pts
3 years-41.2%S&P 500 +89.3% · behind by 130.4 pts
5 years-52.9%S&P 500 +91.3% · behind by 144.2 pts

Total returns with dividends reinvested.

CMCSA factor grades

Each grade compares CMCSA with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

AValueP/E 7.0x (sector 17.3x)FCF yield 26.5% (sector 4.6%)
C-GrowthRevenue growth +1% (sector +5%)EPS growth -49% (sector -11%)
CProfitabilityOperating margin 14.7% (sector 20.0%)ROIC 16.0% (sector 17.5%)
D+Momentum12-month change -23%From 52-wk high -32%

CMCSA in plain numbers

CMCSA key statistics

SectorCommunication Services
IndustryCable & Satellite
IndexS&P 500
Market value$77.0B
Revenue growth (y/y)+1%
Free-cash-flow yield26.5%
Dividend yield12.1%
Next earnings (expected)2026-10-29
Valuation measures
Market value$77.0B
Enterprise value$75.5B
P/E (trailing)7.0x
Forward P/E (Torvanta estimate)8.5x
Price / sales0.6x
Price / book0.9x
EV / revenue0.6x
EV / EBITDA2.2x
Financial highlights
Revenue, last 12 months$124.9B
Net income, last 12 months$11.2B
EPS, last 12 months (GAAP)$3.10
Operating margin14.7%
Net margin9.0%
Return on equity12.0%
Return on invested capital16.0%
Cash$7.7B
Total debt$6.1B
Debt / equity0.07x
Free cash flow, last 12 months$20.4B
Interest cover4.2x
Current ratio0.80x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

CMCSA earnings trends

Revenue vs earnings
$0$8.1B$16.2B$24.2B$32.3BSep 2024 Revenue: $32.1BDec 2024 Revenue: $31.9BMar 2025 Revenue: $29.9BJun 2025 Revenue: $30.3BSep 2025 Revenue: $31.2BDec 2025 Revenue: $32.3BMar 2026 Revenue: $31.5BJun 2026 Revenue: $29.9BSep 2024 Net income: $3.6BDec 2024 Net income: $4.8BMar 2025 Net income: $3.4BJun 2025 Net income: $11.1BSep 2025 Net income: $3.3BDec 2025 Net income: $2.2BMar 2026 Net income: $2.2BJun 2026 Net income: $3.5BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 11.3%Net margin: 15.0%Net margin: 11.3%Net margin: 36.7%Net margin: 10.7%Net margin: 6.7%Net margin: 6.9%Net margin: 11.8%0%18%37%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.7$1.5$2.2$3.0Sep 2024 EPS (GAAP, diluted): $0.9Dec 2024 EPS (GAAP, diluted): $1.2Mar 2025 EPS (GAAP, diluted): $0.9Jun 2025 EPS (GAAP, diluted): $3.0Sep 2025 EPS (GAAP, diluted): $0.9Dec 2025 EPS (GAAP, diluted): $0.6Mar 2026 EPS (GAAP, diluted): $0.6Jun 2026 EPS (GAAP, diluted): $1.0Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -4% · Dec 2025 -51% · Mar 2026 -33% · Jun 2026 -67%

From the company's 10-Q and 10-K filings with the SEC.

Comcast financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$116.4B$121.4B$121.6B$123.7B$123.7B
Net income$14.2B$5.4B$15.4B$16.2B$20.0B
EPS (GAAP)$3.03$1.18$3.72$4.15$5.38
Free cash flow$20.0B$15.8B$16.3B$15.5B$21.9B

CMCSA earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-23$0.99-67%-1%-4.1%
2026-04-23$0.60-33%+5%-6.5%
2026-01-29$0.61-51%+1%+5.2%
2025-10-30$0.90-4%-3%-1.7%
2025-07-31$2.98+198%+2%+2.1%
2025-04-24$0.89-8%-1%-4.5%

About Comcast

HeadquartersPhiladelphia, PA
Industry (SEC code)Cable & Other Pay Television Services
Fiscal year endsDecember 31
Incorporated inPA
Listed onNasdaq, NYSE
FormerlyAT&T COMCAST CORP

From the company's SEC registration record.

Companies similar to CMCSA

CompanyMarket valueP/ERevenue growthOperating margin12-month change
CMCSA Comcast$77.0B7.0x+1%14.7%-23%
WBD Warner Bros Discovery$77.7Bn/a-6%-3.5%+63%compare
LYV Live Nation$40.2Bn/a+11%3.0%+9%compare
TTWO Take-Two$38.0Bn/a+15%-2.4%-21%compare
T AT&T$166.1B8.0x+3%20.1%-6%
ECHO EchoStar$34.5Bn/a-5%-112.7%+27%
TMUS T-Mobile US$176.6B17.2x+10%19.8%-27%

All Communication Services stock ratings

Frequently asked questions

Is CMCSA stock a buy?

Torvanta does not tell individuals what to buy. Its grades for CMCSA are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is CMCSA's P/E ratio?

CMCSA trades at about 7.0 times its last 12 months of GAAP earnings reported to the SEC, and about 8.5 times Torvanta's own estimate of the next 12 months.

When does CMCSA report earnings next?

Based on its filing history, Torvanta expects Comcast to report around 2026-10-29.

Does CMCSA pay a dividend?

Yes. Its dividend yield is about 12.1%, and it has raised its dividend 6 years in a row.

How has CMCSA performed against the S&P 500?

Over the past year CMCSA returned -23.4%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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