Comcast (CMCSA) FY2023 results: revenue $121.6 billion, up 0.1% on the year
Comcast Corp. (CMCSA) reported revenue of $121.6 billion for fiscal 2023, the year ended 31 December 2023, up 0.1% on the year before. Net income was $15.4 billion, up 186.6%, and diluted earnings per share $3.71. The figures are the company's own, from the 10-K it filed with the SEC on 31 January 2024.
Revenue
$121.6 billion
+0.1% on the year
FY2016FY2023
Operating margin
19.2%
11.6% a year earlier
FY2016FY2023
Net income
$15.4 billion
+186.6% on the year
FY2016FY2023
Diluted EPS
$3.71
+206.6% on the year
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
28,501
26,413
29,146
+7.9%
Capital expenditure
12,242
10,626
9,174
+15.2%
Free cash flow
16,259
15,787
19,972
+3.0%
Free cash flow margin
13.4%
13.0%
17.2%
Cash from investing
-7,161
-14,140
-13,446
Cash from financing
-19,850
-16,184
-18,618
Depreciation and amortisation
14,336
13,821
13,804
+3.7%
Share-based compensation
1,241
1,336
1,315
-7.1%
Buybacks
11,291
13,328
4,672
-15.3%
Dividends paid
4,766
4,741
4,532
+0.5%
Dividend per share
$1.16
$1.08
$1.00
+7.4%
Diluted shares, weighted
4,148m
4,430m
4,654m
-6.4%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
82,703
80,943
96,092
+2.2%
Non-controlling interest
523
684
1,398
-23.5%
Redeemable equity
241
411
519
-41.4%
Debt
97,090
94,811
94,850
+2.4%
Operating lease liabilities
5,838
6,107
6,473
-4.4%
Other liabilities
78,416
74,319
76,573
+5.5%
Total liabilities and equity
264,811
257,275
275,905
+2.9%
Fixed assets
59,686
55,485
54,047
+7.6%
Goodwill
59,268
58,494
70,189
+1.3%
Investments
9,695
8,142
8,450
+19.1%
Cash and equivalents
6,215
4,749
8,711
+30.9%
Receivables
13,813
12,672
12,008
+9.0%
Other assets
116,134
117,733
122,500
-1.4%
Total assets
264,811
257,275
275,905
+2.9%
10-K for the year ended 31 December 2023, filed 31 January 2024: the filing.