Comcast (CMCSA) FY2015 results: revenue $74.5 billion, up 8.3% on the year
Comcast Corp. (CMCSA) reported revenue of $74.5 billion for fiscal 2015, the year ended 31 December 2015, up 8.3% on the year before. Net income was $8.2 billion, down 2.6%, and diluted earnings per share $1.62. The figures are the company's own, from the 10-K it filed with the SEC on 5 February 2016.
Revenue
$74.5 billion
+8.3% on the year
FY2008FY2015
Operating margin
21.5%
21.7% a year earlier
FY2008FY2015
Net income
$8.2 billion
-2.6% on the year
FY2008FY2015
Diluted EPS
$1.62
+1.3% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
74,510
68,775
64,657
+8.3%
Operating income
15,998
14,904
13,563
+7.3%
Operating margin
21.5%
21.7%
21.0%
Interest expense
2,702
2,617
2,574
+3.2%
Pre-tax income
13,372
12,465
11,115
+7.3%
Income tax
4,959
3,873
3,980
+28.0%
Effective tax rate
37.1%
31.1%
35.8%
Net income
8,163
8,380
6,816
-2.6%
Net margin
11.0%
12.2%
10.5%
Diluted EPS
$1.62
$1.60
$1.28
+1.3%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
19,485
16,945
14,160
+15.0%
Capital expenditure
8,499
7,420
6,596
+14.5%
Free cash flow
10,986
9,525
7,564
+15.3%
Free cash flow margin
14.7%
13.8%
11.7%
Cash from investing
-11,964
-8,733
-9,514
Cash from financing
-9,136
-6,020
-13,879
Depreciation and amortisation
8,680
8,019
7,871
+8.2%
Share-based compensation
567
513
419
+10.5%
Buybacks
7,175
4,251
2,000
+68.8%
Dividends paid
2,437
2,254
1,964
+8.1%
Dividend per share
$0.50
$0.45
$0.39
+11.1%
Diluted shares, weighted
5,036m
5,240m
5,330m
-3.9%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
52,269
52,711
50,694
-0.8%
Non-controlling interest
1,709
357
364
+378.7%
Redeemable equity
1,221
n/a
n/a
Debt
48,994
43,864
44,567
+11.7%
Other liabilities
62,381
62,407
63,188
-0.0%
Total liabilities and equity
166,574
159,339
158,813
+4.5%
Fixed assets
33,665
30,953
29,840
+8.8%
Goodwill
32,945
27,316
27,098
+20.6%
Investments
3,330
3,737
7,343
-10.9%
Trading assets
22.0
523
3,956
-95.8%
Cash and equivalents
2,295
3,910
1,718
-41.3%
Receivables
6,896
6,321
6,376
+9.1%
Other assets
87,421
86,579
82,482
+1.0%
Total assets
166,574
159,339
158,813
+4.5%
10-K for the year ended 31 December 2015, filed 5 February 2016: the filing.