Comcast Corp Return On Equity vs. Shares Outstanding

CMCSA Stock  USD 28.37  0.16  0.57%   
Considering Comcast Corp's profitability and operating efficiency indicators, Comcast Corp's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Comcast Corp's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.17
Current Value
0.18
Quarterly Volatility
0.05589958
 
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The current year's EV To Sales is expected to grow to 4.39, whereas Price To Sales Ratio is forecasted to decline to 1.30. At present, Comcast Corp's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 22.5 B, whereas Accumulated Other Comprehensive Income is projected to grow to (2.2 B). The current year's Gross Profit is expected to grow to about 86.8 B, whereas Pretax Profit Margin is forecasted to decline to 0.07.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.590.67
Fairly Down
Slightly volatile
Net Profit Margin0.120.1309
Significantly Down
Very volatile
Operating Profit Margin0.140.17
Significantly Down
Slightly volatile
Pretax Profit Margin0.07110.14
Way Down
Slightly volatile
Return On Assets0.05750.0547
Sufficiently Up
Pretty Stable
Return On Equity0.180.17
Notably Up
Pretty Stable
For Comcast Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Comcast Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Comcast Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Comcast Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Comcast Corp over time as well as its relative position and ranking within its peers.

Comcast Corp's Revenue Breakdown by Earning Segment

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For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.The next projected EPS of Comcast Corp is estimated to be 1.0245 with future projections ranging from a low of 0.8425 to a high of 1.1338. Comcast Corp's most recent 12-month trailing earnings per share (EPS TTM) is at 6.02. Please be aware that the consensus of earnings estimates for Comcast Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Covid
Comcast Corp is projected to generate 1.0245 in earnings per share on the 31st of December 2026. Comcast Corp earnings estimates show analyst consensus about projected Comcast Corp EPS (Earning Per Share). It derives the highest and the lowest estimates based on Comcast Corp's historical volatility. Many public companies, such as Comcast Corp, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Comcast Corp Revenue Breakdown by Earning Segment

By analyzing Comcast Corp's earnings estimates, investors can diagnose different trends across Comcast Corp's analyst sentiment over time as well as compare current estimates against different timeframes.
Is Cable & Satellite space 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
(0.04)
Dividend Share
1.3
Earnings Share
6.02
Revenue Per Share
32.922
Quarterly Revenue Growth
(0.03)
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.

Comcast Corp Shares Outstanding vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Comcast Corp's current stock value. Our valuation model uses many indicators to compare Comcast Corp value to that of its competitors to determine the firm's financial worth.
Comcast Corp is rated third in return on equity category among its peers. It is number one stock in shares outstanding category among its peers creating about  15,024,597,478  of Shares Outstanding per Return On Equity. At present, Comcast Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Comcast Corp's earnings, one of the primary drivers of an investment's value.

Comcast Corp's Earnings Breakdown by Geography

Comcast Shares Outstanding vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Comcast Corp

Return On Equity

 = 

Net Income

Total Equity

 = 
0.24
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Comcast Corp

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
3.63 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Comcast Shares Outstanding Comparison

Comcast Corp is currently under evaluation in shares outstanding category among its peers.

Comcast Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Comcast Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Comcast Corp will eventually generate negative long term returns. The profitability progress is the general direction of Comcast Corp's change in net profit over the period of time. It can combine multiple indicators of Comcast Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-2.3 B-2.2 B
Operating Income26.8 B28.1 B
Income Before Tax21.5 B22.5 B
Total Other Income Expense Net-4.2 B-4 B
Net Income18.3 B19.2 B
Income Tax Expense3.2 BB
Net Income Applicable To Common Shares6.2 B7.3 B
Net Income From Continuing Ops18.3 B12.3 B
Non Operating Income Net Other-774.9 M-736.2 M
Interest Income5.1 B3.8 B
Net Interest Income-3.7 B-3.9 B
Change To Netincome10.4 B11 B
Net Income Per Share 3.73  3.92 
Income Quality 1.57  1.65 
Net Income Per E B T 0.78  0.82 

Comcast Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Comcast Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Comcast Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Comcast Corp's important profitability drivers and their relationship over time.

Comcast Corp Earnings Estimation Breakdown

The calculation of Comcast Corp's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Comcast Corp is estimated to be 1.0245 with the future projection ranging from a low of 0.8425 to a high of 1.1338. Please be aware that this consensus of annual earnings estimates for Comcast Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
0.84
Lowest
Expected EPS
1.0245
1.13
Highest

Comcast Corp Earnings Projection Consensus

Suppose the current estimates of Comcast Corp's value are higher than the current market price of the Comcast Corp stock. In this case, investors may conclude that Comcast Corp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Comcast Corp's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2026Current EPS (TTM)
2987.0%
0.0
1.0245
6.02

Comcast Corp Earnings History

Earnings estimate consensus by Comcast Corp analysts from Wall Street is used by the market to judge Comcast Corp's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Comcast Corp's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Comcast Corp Quarterly Gross Profit

18.52 Billion

At present, Comcast Corp's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Earnings Yield is expected to grow to 0.10, whereas Retained Earnings Total Equity is forecasted to decline to about 34.4 B. The current year's Net Income Applicable To Common Shares is expected to grow to about 7.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 3.3 B.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Comcast Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
26.6428.4030.16
Details
Intrinsic
Valuation
LowRealHigh
25.5330.6332.39
Details
Naive
Forecast
LowNextHigh
25.7527.5129.26
Details
29 Analysts
Consensus
LowTargetHigh
30.7333.7737.48
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Comcast assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Comcast Corp. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Comcast Corp's stock price in the short term.

Comcast Corp Earnings per Share Projection vs Actual

Actual Earning per Share of Comcast Corp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Comcast Corp predict the company's earnings will be in the future. The higher the earnings per share of Comcast Corp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Comcast Corp Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Comcast Corp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Comcast Corp should always be considered in relation to other companies to make a more educated investment decision.

Comcast Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Comcast Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
null
nullnullnullnull
2025-10-30
2025-09-301.111.120.01
2025-07-31
2025-06-301.181.250.07
2025-04-24
2025-03-310.991.090.110 
2025-01-30
2024-12-310.860.960.111 
2024-10-31
2024-09-301.061.120.06
2024-07-23
2024-06-301.121.210.09
2024-04-25
2024-03-310.991.040.05
2024-01-25
2023-12-310.790.840.05
2023-10-26
2023-09-300.951.080.1313 
2023-07-27
2023-06-300.971.130.1616 
2023-04-27
2023-03-310.820.920.112 
2023-01-26
2022-12-310.770.820.05
2022-10-27
2022-09-300.90.960.06
2022-07-28
2022-06-300.921.010.09
2022-04-28
2022-03-310.80.860.06
2022-01-27
2021-12-310.730.770.04
2021-10-28
2021-09-300.750.870.1216 
2021-07-29
2021-06-300.670.840.1725 
2021-04-29
2021-03-310.590.760.1728 
2021-01-28
2020-12-310.480.560.0816 
2020-10-29
2020-09-300.520.650.1325 
2020-07-30
2020-06-300.550.690.1425 
2020-04-30
2020-03-310.680.710.03
2020-01-23
2019-12-310.760.790.03
2019-10-24
2019-09-300.750.790.04
2019-07-25
2019-06-300.750.780.03
2019-04-25
2019-03-310.680.760.0811 
2019-01-23
2018-12-310.620.640.02
2018-10-25
2018-09-300.610.650.04
2018-07-26
2018-06-300.60.650.05
2018-04-25
2018-03-310.590.620.03
2018-01-24
2017-12-310.470.490.02
2017-10-26
2017-09-300.50.520.02
2017-07-27
2017-06-300.480.520.04
2017-04-27
2017-03-310.440.530.0920 
2017-01-26
2016-12-310.430.450.02
2016-10-26
2016-09-300.460.460.0
2016-07-27
2016-06-300.40.420.02
2016-04-27
2016-03-310.40.440.0410 
2016-02-03
2015-12-310.410.4-0.01
2015-10-27
2015-09-300.40.40.0
2015-07-23
2015-06-300.420.430.01
2015-05-04
2015-03-310.370.410.0410 
2015-02-24
2014-12-310.390.37-0.02
2014-10-23
2014-09-300.350.370.02
2014-07-22
2014-06-300.360.380.02
2014-04-22
2014-03-310.320.340.02
2014-01-28
2013-12-310.340.33-0.01
2013-10-30
2013-09-300.310.330.02
2013-07-31
2013-06-300.320.330.01
2013-05-01
2013-03-310.250.260.01
2013-02-12
2012-12-310.270.26-0.01
2012-10-26
2012-09-300.230.230.0
2012-08-01
2012-06-300.240.250.01
2012-05-02
2012-03-310.210.230.02
2012-02-15
2011-12-310.210.240.0314 
2011-11-02
2011-09-300.20.17-0.0315 
2011-08-03
2011-06-300.210.210.0
2011-05-03
2011-03-310.170.170.0
2011-02-16
2010-12-310.160.170.01
2010-10-27
2010-09-300.150.160.01
2010-07-28
2010-06-300.160.170.01
2010-04-28
2010-03-310.150.160.01
2010-02-03
2009-12-310.140.170.0321 
2009-11-04
2009-09-300.130.170.0430 
2009-08-06
2009-06-300.130.170.0430 
2009-04-30
2009-03-310.120.140.0216 
2009-02-18
2008-12-310.110.140.0327 
2008-10-29
2008-09-300.110.130.0218 
2008-07-30
2008-06-300.110.110.0
2008-05-01
2008-03-310.090.10.0111 
2008-02-14
2007-12-310.090.10.0111 
2007-10-25
2007-09-300.090.090.0
2007-07-26
2007-06-300.090.10.0111 
2007-04-26
2007-03-310.080.090.0112 
2007-02-01
2006-12-310.080.07-0.0112 
2006-10-26
2006-09-300.060.090.0350 
2006-07-27
2006-06-300.070.070.0
2006-04-27
2006-03-310.050.070.0240 
2006-02-02
2005-12-310.050.02-0.0360 
2005-11-03
2005-09-300.050.03-0.0240 
2005-08-02
2005-06-300.050.060.0120 
2005-04-28
2005-03-310.040.050.0125 
2005-02-03
2004-12-310.040.060.0250 
2004-10-25
2004-09-300.040.03-0.0125 
2004-07-28
2004-06-300.030.040.0133 
2004-04-28
2004-03-310.020.01-0.0150 
2004-02-11
2003-12-310.010.060.05500 
2003-07-31
2003-06-30-0.01-0.00330.006767 
2003-05-08
2003-03-31-0.03-0.04-0.0133 
2003-02-27
2002-12-31-0.04-0.010.0375 
2002-10-28
2002-09-300.050.090.0480 
2002-08-01
2002-06-300.060.10.0466 
2002-05-01
2002-03-310.030.080.05166 
2002-02-06
2001-12-31-0.1-0.18-0.0880 
2001-10-31
2001-09-30-0.11-0.13-0.0218 
2001-08-01
2001-06-30-0.1-0.11-0.0110 
2001-05-08
2001-03-31-0.12-0.10.0216 
2001-02-26
2000-12-31-0.05-0.1-0.05100 
2000-12-06
2000-09-30-0.050.430.48960 
2000-08-09
2000-06-300.020.070.05250 
2000-05-02
2000-03-310.01-0.08-0.09900 
2000-02-28
1999-12-310.01-0.08-0.09900 
1999-11-09
1999-09-300.010.020.01100 
1999-08-09
1999-06-30-0.07-0.060.0114 
1999-05-10
1999-03-31-0.020.040.06300 
1999-02-22
1998-12-31-0.02-0.04-0.02100 
1998-11-10
1998-09-30-0.020.58260.60263013 
1998-08-13
1998-06-30-0.02-0.020.0
1998-05-12
1998-03-31-0.02-0.020.0
1998-02-23
1997-12-31-0.02-0.020.0
1997-11-11
1997-09-30-0.02-0.010.0150 
null
nullnullnullnull
1997-05-12
1997-03-31-0.01-0.02-0.01100 
1997-02-21
1996-12-310-0.01-0.01
null
nullnullnullnull
null
nullnullnullnull
1996-05-13
1996-03-31-0.01-0.010.0

Use Comcast Corp in pair-trading

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.

Comcast Corp Pair Trading

Comcast Corp Pair Trading Analysis

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

Use Investing Themes to Complement your Comcast Corp position

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Asset Allocation ETFs Theme
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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:
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For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
To fully project Comcast Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Comcast Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Comcast Corp's income statement, its balance sheet, and the statement of cash flows.
Potential Comcast Corp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Comcast Corp investors may work on each financial statement separately, they are all related. The changes in Comcast Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comcast Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.