Comcast (CMCSA) FY2021 results: revenue $116.4 billion, up 12.4% on the year
Comcast Corp. (CMCSA) reported revenue of $116.4 billion for fiscal 2021, the year ended 31 December 2021, up 12.4% on the year before. Net income was $14.2 billion, up 34.4%, and diluted earnings per share $3.04. The figures are the company's own, from the 10-K it filed with the SEC on 2 February 2022.
Revenue
$116.4 billion
+12.4% on the year
FY2014FY2021
Operating margin
17.9%
16.9% a year earlier
FY2014FY2021
Net income
$14.2 billion
+34.4% on the year
FY2014FY2021
Diluted EPS
$3.04
+33.3% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
29,146
24,737
25,697
+17.8%
Capital expenditure
9,174
9,179
9,953
-0.1%
Free cash flow
19,972
15,558
15,744
+28.4%
Free cash flow margin
17.2%
15.0%
14.5%
Cash from investing
-13,446
-12,047
-14,841
Cash from financing
-18,618
-6,513
-9,181
Depreciation and amortisation
13,804
13,100
12,953
+5.4%
Share-based compensation
1,315
1,193
1,021
+10.2%
Buybacks
4,672
534
504
+774.9%
Dividends paid
4,532
4,140
3,735
+9.5%
Dividend per share
$1.00
$0.92
$0.84
+8.7%
Diluted shares, weighted
4,654m
4,624m
4,610m
+0.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
96,092
90,323
82,726
+6.4%
Non-controlling interest
1,398
1,415
1,148
-1.2%
Redeemable equity
519
1,280
1,372
-59.5%
Debt
94,850
103,760
102,217
-8.6%
Operating lease liabilities
6,473
3,740
3,891
+73.1%
Other liabilities
76,573
73,351
72,060
+4.4%
Total liabilities and equity
275,905
273,869
263,414
+0.7%
Fixed assets
54,047
51,995
48,322
+3.9%
Goodwill
70,189
70,669
68,725
-0.7%
Investments
8,450
8,112
8,698
+4.2%
Cash and equivalents
8,711
11,740
5,500
-25.8%
Receivables
12,008
11,466
11,292
+4.7%
Other assets
122,500
119,887
120,877
+2.2%
Total assets
275,905
273,869
263,414
+0.7%
10-K for the year ended 31 December 2021, filed 2 February 2022: the filing.