Comcast (CMCSA) FY2024 results: revenue $123.7 billion, up 1.8% on the year
Comcast Corp. (CMCSA) reported revenue of $123.7 billion for fiscal 2024, the year ended 31 December 2024, up 1.8% on the year before. Net income was $16.2 billion, up 5.2%, and diluted earnings per share $4.14. The figures are the company's own, from the 10-K it filed with the SEC on 31 January 2025.
Revenue
$123.7 billion
+1.8% on the year
FY2017FY2024
Operating margin
18.8%
19.2% a year earlier
FY2017FY2024
Net income
$16.2 billion
+5.2% on the year
FY2017FY2024
Diluted EPS
$4.14
+11.6% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
27,673
28,501
26,413
-2.9%
Capital expenditure
12,181
12,242
10,626
-0.5%
Free cash flow
15,492
16,259
15,787
-4.7%
Free cash flow margin
12.5%
13.4%
13.0%
Cash from investing
-15,670
-7,161
-14,140
Cash from financing
-10,883
-19,850
-16,184
Depreciation and amortisation
14,802
14,336
13,821
+3.3%
Share-based compensation
1,288
1,241
1,336
+3.8%
Buybacks
9,103
11,291
13,328
-19.4%
Dividends paid
4,814
4,766
4,741
+1.0%
Dividend per share
$1.24
$1.16
$1.08
+6.9%
Diluted shares, weighted
3,908m
4,148m
4,430m
-5.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
85,560
82,703
80,943
+3.5%
Non-controlling interest
477
523
684
-8.8%
Redeemable equity
237
241
411
-1.7%
Debt
99,093
97,090
94,811
+2.1%
Operating lease liabilities
5,569
5,838
6,107
-4.6%
Other liabilities
75,275
78,416
74,319
-4.0%
Total liabilities and equity
266,211
264,811
257,275
+0.5%
Fixed assets
62,548
59,686
55,485
+4.8%
Goodwill
58,209
59,268
58,494
-1.8%
Investments
8,668
9,695
8,142
-10.6%
Cash and equivalents
7,322
6,215
4,749
+17.8%
Receivables
13,661
13,813
12,672
-1.1%
Other assets
115,803
116,134
117,733
-0.3%
Total assets
266,211
264,811
257,275
+0.5%
10-K for the year ended 31 December 2024, filed 31 January 2025: the filing.