Revenue segments as reported by the company.

Cable Communications

NBCUniversal

Connectivity & Platforms

Content & Experiences

Corporate and Other

Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Programming and production

Other operating and administrative

Advertising, marketing and promotion

Depreciation

Amortization

Goodwill and long-lived asset impairments

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Comcast

DreamWorks is an American film production label of Amblin Partners. It has produced or distributed more than ten films with box-office grosses of more than $100 million each.

DreamWorks

Fandango is an American ticketing company that sells movie tickets via their website as well as through their mobile app of which Comcast owns 70% of.

Fandango

NBCUniversal is an American multinational media conglomerate that is a subsidiary division of Comcast.

NBC Universal

FreeWheel is a technology platform for ad management and monetization, a private marketplace for premium television inventory, and advisory services.

FreeWheel

Comcast Corp. engages in the provision of video, Internet, and phone services. It operates through the following segments: Residential Connectivity and Platforms, Business Services Connectivity, Media, Studios, and Theme Parks. The Residential Connectivity and Platforms segment consists of residential broadband and wireless services and Sky-branded entertainment television networks and advertising. The Business Service Connectivity segment offers broadband, wireline voice and wireless services through small to medium customers and large enterprises through the HFC network. The Media segment consists of NBCUniversal’s television and streaming platforms, including national, regional, and international cable networks. The Studios segment focuses on NBCUniversal’s film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. The company was founded by Ralph Roberts in 1963 and is headquartered in Philadelphia, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Comcast achieves record revenue and subscriber growth in 2022

Comcast delivered exceptional financial results in 2022, focusing on strategic investments in key growth areas. While facing challenges in certain segments, the company is optimistic about future prospects and is prioritizing cost management and network expansion. Opportunities for growth exist in NBCUniversal, wireless services, and the stabilized ad market.

Comcast reports strong Q1 earnings, eyes wireless growth opportunities

Comcast's Q1 2023 earnings call highlighted robust financial performance, strategic growth areas, and challenges in content revenue and video segment, underscoring the company's adaptability and focus on innovation.
The emphasis on connectivity, margin improvement, and subscriber growth positions Comcast favorably in the competitive landscape, with a strong foundation for future expansion and revenue diversification.
Strategic discussions around network capabilities, content differentiation, and operational optimizations reflect Comcast's proactive approach to navigating industry shifts and maximizing shareholder value.

Comcast reports solid Q2 growth, eyes sports rights expansion

Comcast's Q2 performance showcased revenue growth and milestone EBITDA figures, with notable successes in broadband, theme parks, and Peacock. Despite challenges in the broadband market and content losses, Comcast's strong balance sheet and strategic initiatives position it well for future growth and expansion.

Comcast reports strong Q3 earnings, eyes sports streaming growth

Comcast's Q3 performance reflects solid growth in revenue, EBITDA, and EPS, driven by strong performance in connectivity, content, and parks businesses.
While facing challenges such as Peacock's losses and ARPU growth deceleration, Comcast remains focused on strategic investments in existing businesses for sustainable growth.
The company's emphasis on innovation, market leadership, and network enhancements positions Comcast well to capitalize on opportunities in sports streaming, business services, and network technology.

Comcast achieves record revenue in Q4 2023, eyes growth opportunities

Comcast's Q4 2023 performance showcased record revenue and strong financial metrics, driven by growth in connectivity and content segments.
The company faces challenges in revenue diversification, competitive broadband landscape, and short-term financial pressures from elevated CapEx levels.
However, Comcast's strengths lie in identified growth opportunities, successful partnerships, and focus on user experience and subscriber retention.
With a strategic focus on margin expansion, capital returns, and upcoming projects, Comcast remains positioned for long-term growth and success.

Comcast reports robust Q1 earnings, eyes growth in content and broadband

Comcast's strong financial performance and strategic focus on key segments position the company for continued growth and shareholder value creation.
While facing challenges in content monetization and subscriber retention, Comcast's emphasis on ARPU growth and market expansion presents opportunities for future revenue growth.
Investments in theme parks, exploration of new ventures like video games, and the success of Peacock streaming service underscore Comcast's commitment to innovation and market relevance.

Comcast reports strong broadband growth, faces challenges in Parks segment

Comcast's Q2 2024 earnings call highlighted strong broadband revenue growth and challenges in Parks segment.
The company emphasized market segmentation, ARPU growth, and new product offerings for price-conscious customers.
Peacock's revenue growth from advertising and distribution, along with upcoming Studios titles, offset revenue declines.
Capital return initiatives and network expansion efforts underscored a focus on shareholder value and competitive adaptability.
Excitement for upcoming Epic Universe opening and positive outlook for long-term growth opportunities across segments.

Comcast reports robust Q3 earnings driven by media and connectivity

Comcast's Q3 performance showcased strong revenue growth, particularly in the media and connectivity segments.
While facing challenges in subscriber losses and theme park revenue decline, the company remains focused on financial stability and shareholder returns.
Opportunities lie in investing in growth areas like the upcoming theme park and expanding market share in broadband and mobile services.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PHILADELPHIA--(BUSINESS WIRE)--Comcast announced today applications are now open for the Comcast NBCUniversal LIFT Labs Accelerator: Generative AI. This will be the first of multiple theme-driven accelerator programs hosted by Comcast NBCUniversal LIFT Labs throughout the year focused on emerging trends in connectivity, entertainment, and more. Startups leveraging Generative AI to build next-generation technologies, products, and services can apply today through April 9, 2023.

Comcast NBCUniversal LIFT Labs Launches New Theme-Driven Accelerator

PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced it has expanded its relationship with the PGA TOUR, becoming a Proud Partner of THE PLAYERS Championship through 2030. THE PLAYERS, featuring the strongest field in golf, is being contested at the Stadium Course at TPC Sawgrass, March 9-12 with 144 players competing for a record $25 million purse.

Comcast Business Named Proud Partner of THE PLAYERS Championship

Home Depot

Toronto-Dominion Bank

Although investing in the Dogs of the Dow has had mixed results, it has been an overall winner. I propose that a similar strategy focusing on high quality investments could provide similar results.

An Alternative To The Dogs Of The Dow

MANCHESTER, N.H. , March 10, 2023 /PRNewswire/ -- Comcast Business today announced it has been selected as the number one Internet service provider by New Hampshire Business Review readers for the 12th consecutive year.

Comcast Business Honored with 'Best Internet Service Provider' Award for 12th Consecutive Year by New Hampshire Business Review

Comcast Corp (NASDAQ:CMCSA ) Morgan Stanley Technology, Media & Telecom Conference March 8, 2023 11:35 AM ET Company Participants Michael Cavanagh - President Conference Call Participants Benjamin Swinburne - Morgan Stanley Benjamin Swinburne All right, everybody. We're going to get started.

Comcast Corp (CMCSA) Morgan Stanley Technology, Media & Telecom Conference Call Transcript

Comcast President Mike Cavanagh said the media giant would of course consider alternative proposals for its stake in Hulu but they'd have to top its longstanding agreement to sell its remaining stake in the streamer to Disney next year.

Comcast “Happy” To Sell Hulu Stake To Disney As Deadline Looms; Other Options “Must Be Better, In Our Minds, Than That”

Adobe

Amazon

Biogen

Blackrock Inc

CME Group

Compass Minerals

Salesforce

Cisco Systems

Dominion Energy

Disney

Domino's Pizza

Ecolab

Equifax

Emerson Electric

Etsy

Gilead Sciences

Alphabet

Guidewire Software

Honeywell

Intercontinental Exchange

International Flavors & Fragrances

Intuit

Johnson & Johnson

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale - The March 2023 Heat Map

PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced it has been recognized in the 2023 Gartner Magic Quadrant for Network Services, Global. This recognition comes on the heels of Comcast Business's recognition in the 2022 Gartner Magic Quadrant for Managed Network Services and further validates the Company as a leading global provider of network solutions.

Comcast Business Recognized in 2023 Gartner® Magic Quadrant™ for Network Services, Global

American Electric Power Company

Amgen

Broadcom

ConocoPhillips

Coca-Cola

Medtronic

Morgan Stanley

Pfizer

PNC Financial Services

Phillips 66

Sempra Energy

Truist Financial

U.S. Bancorp

Vanguard High Dividend Yield ETF

There are 17 stocks on my high-yield watchlist for March 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.

High Yield Stock Watchlist: March 2023

Caterpillar

Microsoft

Visa

Ontario Teachers' Pension Plan exited its investment in Caterpillar stock, sold Microsoft, and bought Comcast and Visa in the fourth quarter.

Giant Pension Sells Caterpillar and Microsoft Stock, Buys Comcast and Visa

Comcast continues to trade at a well-below-average valuation. It has a valuable and moat-worthy collection of businesses and management plans to strengthen its broadband segment.

Comcast: A Wonderful Stock At A Wonderful Price

Despite gaining 9% since our last update in November, Comcast stock still has a P/E of just 9.9x and a Dividend Yield of 3.1%. The core cable business has continued its moderate EBITDA growth, driven by higher Average Revenue Per User and cost efficiencies.

Comcast: Still Cheap After Good Cable Growth In Q4 Results

Comcast Corp (NASDAQ:CMCSA ) Deutsche Bank Media, Internet & Telecom Conference Call February 27, 2023 8:50 AM ET Company Participants Jason Armstrong - CFO & Treasurer Conference Call Participants Bryan Kraft - Deutsche Bank Bryan Kraft Good morning, everyone. We're going to get started here with our first presentation.

Comcast Corp (CMCSA) Deutsche Bank Media, Internet & Telecom Conference Call Transcript

Analog Devices

Ally Financial

American Tower

Best Buy

Boston Omaha

Carrier Global

Cogent Communications Holdings

CVS Health

Digital Realty Trust

Essential Properties Realty Trust Inc

Fidelity National Financial

Corning

General Motors

Kellogg

Lockheed Martin

MPLX

Dividends received in February totaled $244.23. Forward dividend income grew by $71.65, translating to M/M growth of 1.27%.

My Dividend Growth Income - February 2023 Update

News for Comcast Stock (CMCSA)