Comcast Historical Income Statement

CMCSA
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USD 40.29  1.05  2.68%   

Historical analysis of Comcast Corp income statement accounts such as Consolidated Income of 13.5 B, Earning Before Interest and Taxes EBIT of 22.1 B or Gross Profit of 109.4 B can show how well Comcast Corp A 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. Financial Statement Analysis is much more than just reviewing and examining Comcast Corp A 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 A is a good buy for the upcoming year.
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About Comcast Income Statement Analysis

Comcast Corp A 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 A 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 A revenue and expense. Comcast Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Comcast Corp Weighted Average Shares Diluted is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 4.65 Billion. The current year Income Tax Expense is expected to grow to about 5.7 B, whereas Direct Expenses is forecasted to decline to about 30.9 B.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Earning Before Interest and Taxes USD

Earning Before Interest and Taxes EBIT in USD; converted by US Dollar Exchange Rate.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Comcast Corp A 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. Aggregate revenue Revenues less cost of revenue [CoR] directly attributable to the revenue generation activity.
Most accounts from Comcast Corp income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Comcast Corp A 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. Continue to Trending Equities.Comcast Corp Weighted Average Shares Diluted is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 4.65 Billion. The current year Income Tax Expense is expected to grow to about 5.7 B, whereas Direct Expenses is forecasted to decline to about 30.9 B.
 2019 2020 2021 2022 (projected)
Consolidated Income13.32 B10.7 B13.83 B13.53 B
Direct Expenses34.44 B33.12 B38.45 B30.86 B

Comcast Corp income statement Correlations

Comcast Corp Account Relationship Matchups

Comcast Corp income statement Accounts

201720182019202020212022 (projected)
Direct Expenses25.38 B29.69 B34.44 B33.12 B38.45 B30.86 B
Consolidated Income22.92 B11.86 B13.32 B10.7 B13.83 B13.53 B
Earning Before Interest and Taxes EBIT18.25 B18.65 B21.3 B18.49 B23.7 B22.13 B
Earning Before Interest and Taxes USD18.25 B18.65 B21.3 B18.49 B23.7 B22.13 B
Gross Profit85.03 B94.51 B108.94 B103.56 B116.39 B109.44 B
Interest Expense3.09 B3.54 B4.57 B4.59 B4.28 B4.14 B
Net Income22.73 B11.73 B13.06 B10.53 B14.16 B13.48 B
Net Income Common Stock22.73 B11.73 B13.06 B10.53 B14.16 B13.48 B
Net Income Common Stock USD22.73 B11.73 B13.06 B10.53 B14.16 B13.48 B
Net Income to Non Controlling Interests187 M131 M266 M167 M(325 M)(333.55 M)
Operating Expenses67.01 B75.5 B87.82 B86.07 B95.57 B88.98 B
Operating Income18.02 B19.01 B21.12 B17.49 B20.82 B20.46 B
Revenues85.03 B94.51 B108.94 B103.56 B116.39 B109.44 B
Revenues USD85.03 B94.51 B108.94 B103.56 B116.39 B109.44 B
Selling General and Administrative Expense57.32 B64.82 B74.86 B72.97 B81.76 B75.94 B
Weighted Average Shares4.67 B4.55 B4.55 B4.58 B4.57 B4.46 B
Weighted Average Shares Diluted4.79 B4.64 B4.61 B4.62 B4.65 B5.36 B
Income Tax Expense(7.57 B)3.38 B3.67 B3.36 B5.26 B5.67 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in Comcast Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.

Comcast Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 A to buy it.
The correlation of Comcast Corp is a statistical measure of how it moves in relation to other equities. 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 A 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
Continue to Trending Equities. Note that the Comcast Corp A information on this page should be used as a complementary analysis to other Comcast Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Comcast Corp A 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 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 YOY
0.099
Market Capitalization
175.8 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.0483
Return On Equity
0.15
The market value of Comcast Corp A 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 Comcast Corp value 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.