Comcast Corp Net Assets
Comcast Corp net assets. Based on the latest financial reports, Comcast Corp (CMCSA) has net assets worth $88.33 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($260.00 Billion) and total liabilities ($171.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See Comcast Corp (CMCSA) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $88.33 Billion |
| % of Total Assets | 33.97% |
| Annual Growth Rate | 18.37% |
| 5-Year Change | -0.64% |
| 10-Year Change | 80.52% |
| Growth Volatility | 180.09 |
Net Assets of Comcast Corp (1985–2025)
Net assets of Comcast Corp from 1985 to 2025. This chart illustrates how Comcast Corp's net assets have evolved over time, based on quarterly financial data. Also explore CMCSA shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Comcast Corp (1985–2025)
The table below shows the annual net assets of Comcast Corp from 1985 to 2025. For live market cap and overall valuation, see Comcast Corp (CMCSA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $97.38 Billion | +12.87% |
| 2024-12-31 | $86.27 Billion | +3.36% |
| 2023-12-31 | $83.47 Billion | +1.74% |
| 2022-12-31 | $82.04 Billion | -16.30% |
| 2021-12-31 | $98.01 Billion | +5.37% |
| 2020-12-31 | $93.02 Billion | +9.12% |
| 2019-12-31 | $85.25 Billion | +19.04% |
| 2018-12-31 | $71.61 Billion | +4.38% |
| 2017-12-31 | $68.61 Billion | +27.18% |
| 2016-12-31 | $53.94 Billion | +3.20% |
| 2015-12-31 | $52.27 Billion | -0.84% |
| 2014-12-31 | $52.71 Billion | +3.98% |
| 2013-12-31 | $50.69 Billion | +2.71% |
| 2012-12-31 | $49.36 Billion | +4.40% |
| 2011-12-31 | $47.27 Billion | +6.58% |
| 2010-12-31 | $44.35 Billion | +3.82% |
| 2009-12-31 | $42.72 Billion | +5.61% |
| 2008-12-31 | $40.45 Billion | -2.15% |
| 2007-12-31 | $41.34 Billion | +0.42% |
| 2006-12-31 | $41.17 Billion | +2.36% |
| 2005-12-31 | $40.22 Billion | -2.90% |
| 2004-12-31 | $41.42 Billion | -0.58% |
| 2003-12-31 | $41.66 Billion | +8.70% |
| 2002-12-31 | $38.33 Billion | +149.65% |
| 2001-12-31 | $15.35 Billion | +3.71% |
| 2000-12-31 | $14.80 Billion | +31.00% |
| 1999-12-31 | $11.30 Billion | +143.06% |
| 1998-12-31 | $4.65 Billion | +73.59% |
| 1997-12-31 | $2.68 Billion | +89.83% |
| 1996-12-31 | $1.41 Billion | +40411.43% |
| 1995-12-31 | $-3.50 Million | +96.47% |
| 1994-12-31 | $-99.10 Million | +88.62% |
| 1993-12-31 | $-870.50 Million | -379.35% |
| 1992-12-31 | $-181.60 Million | -1031.28% |
| 1991-12-31 | $19.50 Million | +189.86% |
| 1990-12-31 | $-21.70 Million | -112.92% |
| 1989-12-31 | $168.00 Million | -18.33% |
| 1988-12-31 | $205.70 Million | -20.58% |
| 1987-12-31 | $259.00 Million | +36.68% |
| 1986-12-31 | $189.50 Million | +65.50% |
| 1985-12-31 | $114.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Comcast Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 132983.8% over the analyzed period, indicating profitable operations and earnings retention.
Comcast Corp Net Assets Breakdown (December 2025)
Comcast Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $66.67 Billion | 68.81% |
| Common Stock | $45.00 Million | 0.05% |
| Other Comprehensive Income | $-8.00 Million | -0.01% |
| Other Components | $30.19 Billion | 31.16% |
| Total Equity | $96.90 Billion | 100.00% |
Comcast Corp Competitors by Market Cap
The table below lists competitors of Comcast Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medtronic PLC
XETRA:2M6
|
$83.04 Billion |
|
Zijin Mining Group Co Ltd Class A
SHG:601899
|
$83.20 Billion |
|
Investor AB ser. B
ST:INVE-B
|
$83.51 Billion |
|
China Petroleum & Chemical Corp Class A
SHG:600028
|
$83.87 Billion |
|
Sherwin-Williams Co
NYSE:SHW
|
$82.45 Billion |
|
Ping An Insurance Group Co of China Ltd
SHG:601318
|
$82.36 Billion |
|
MercadoLibre Inc.
NASDAQ:MELI
|
$82.36 Billion |
|
Equinor ASA
F:DNQA
|
$82.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Comcast Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 86,274,000,000 to 96,904,000,000, a change of 10,630,000,000 (12.3%).
- Net income of 19,803,000,000 contributed positively to equity growth.
- Dividend payments of 4,894,000,000 reduced retained earnings.
- Share repurchases of 7,155,000,000 reduced equity.
- Other comprehensive income increased equity by 2,035,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.80 Billion | +20.44% |
| Dividends Paid | $4.89 Billion | -5.05% |
| Share Repurchases | $7.16 Billion | -7.38% |
| Other Comprehensive Income | $2.04 Billion | +2.1% |
| Other Changes | $841.00 Million | +0.87% |
| Total Change | $- | 12.32% |
Book Value vs Market Value Analysis
This analysis compares Comcast Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.87x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 80.71x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.29 | $23.22 | x |
| 1986-12-31 | $0.31 | $23.22 | x |
| 1987-12-31 | $0.46 | $23.22 | x |
| 1988-12-31 | $0.35 | $23.22 | x |
| 1989-12-31 | $0.17 | $23.22 | x |
| 1990-12-31 | $-0.02 | $23.22 | x |
| 1991-12-31 | $0.02 | $23.22 | x |
| 1992-12-31 | $-0.15 | $23.22 | x |
| 1993-12-31 | $-0.74 | $23.22 | x |
| 1994-12-31 | $-0.53 | $23.22 | x |
| 1995-12-31 | $-0.53 | $23.22 | x |
| 1996-12-31 | $0.37 | $23.22 | x |
| 1997-12-31 | $0.82 | $23.22 | x |
| 1998-12-31 | $1.62 | $23.22 | x |
| 1999-12-31 | $4.39 | $23.22 | x |
| 2000-12-31 | $5.01 | $23.22 | x |
| 2001-12-31 | $3.34 | $23.22 | x |
| 2002-12-31 | $26.83 | $23.22 | x |
| 2003-12-31 | $20.53 | $23.22 | x |
| 2004-12-31 | $20.46 | $23.22 | x |
| 2005-12-31 | $20.24 | $23.22 | x |
| 2006-12-31 | $32.36 | $23.22 | x |
| 2007-12-31 | $32.38 | $23.22 | x |
| 2008-12-31 | $6.84 | $23.22 | x |
| 2009-12-31 | $7.40 | $23.22 | x |
| 2010-12-31 | $7.86 | $23.22 | x |
| 2011-12-31 | $8.51 | $23.22 | x |
| 2012-12-31 | $9.08 | $23.22 | x |
| 2013-12-31 | $9.51 | $23.22 | x |
| 2014-12-31 | $10.06 | $23.22 | x |
| 2015-12-31 | $10.38 | $23.22 | x |
| 2016-12-31 | $10.60 | $23.22 | x |
| 2017-12-31 | $14.33 | $23.22 | x |
| 2018-12-31 | $15.43 | $23.22 | x |
| 2019-12-31 | $17.94 | $23.22 | x |
| 2020-12-31 | $19.53 | $23.22 | x |
| 2021-12-31 | $20.65 | $23.22 | x |
| 2022-12-31 | $18.27 | $23.22 | x |
| 2023-12-31 | $19.94 | $23.22 | x |
| 2024-12-31 | $22.78 | $23.22 | x |
| 2025-12-31 | $26.65 | $23.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Comcast Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.01%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.81x
- Recent ROE (20.44%) is above the historical average (-14.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 12.75% | 12.45% | 0.32x | 3.15x | $3.15 Million |
| 1986 | 0.53% | 0.76% | 0.13x | 5.31x | $-17.95 Million |
| 1987 | -3.63% | -3.04% | 0.30x | 4.00x | $-35.30 Million |
| 1988 | -23.14% | -10.58% | 0.19x | 11.53x | $-68.17 Million |
| 1989 | -88.57% | -26.46% | 0.22x | 15.37x | $-165.60 Million |
| 1990 | 0.00% | -27.15% | 0.27x | 0.00x | $-176.23 Million |
| 1991 | -797.95% | -21.58% | 0.26x | 143.26x | $-157.55 Million |
| 1992 | 0.00% | -30.01% | 0.21x | 0.00x | $-252.04 Million |
| 1993 | 0.00% | -6.33% | 0.28x | 0.00x | $50.00K |
| 1994 | 0.00% | -6.33% | 0.20x | 0.00x | $-14.32 Million |
| 1995 | 0.00% | -1.31% | 0.35x | 0.00x | $33.65 Million |
| 1996 | -9.70% | -1.32% | 0.33x | 21.92x | $-108.66 Million |
| 1997 | -14.50% | -4.86% | 0.43x | 6.88x | $-403.35 Million |
| 1998 | 25.48% | 18.89% | 0.35x | 3.86x | $590.57 Million |
| 1999 | 10.31% | 17.16% | 0.22x | 2.77x | $31.57 Million |
| 2000 | 14.35% | 24.60% | 0.23x | 2.54x | $612.86 Million |
| 2001 | 4.21% | 6.29% | 0.25x | 2.64x | $-838.70 Million |
| 2002 | -0.71% | -2.20% | 0.11x | 2.95x | $-4.11 Billion |
| 2003 | 7.78% | 17.66% | 0.17x | 2.62x | $-926.20 Million |
| 2004 | 2.34% | 4.78% | 0.19x | 2.53x | $-3.17 Billion |
| 2005 | 2.31% | 4.17% | 0.22x | 2.56x | $-3.09 Billion |
| 2006 | 6.15% | 10.15% | 0.23x | 2.68x | $-1.58 Billion |
| 2007 | 6.26% | 8.37% | 0.27x | 2.74x | $-1.55 Billion |
| 2008 | 6.30% | 7.44% | 0.30x | 2.79x | $-1.50 Billion |
| 2009 | 8.52% | 10.17% | 0.32x | 2.64x | $-634.10 Million |
| 2010 | 8.20% | 9.58% | 0.32x | 2.67x | $-800.40 Million |
| 2011 | 8.80% | 7.45% | 0.35x | 3.34x | $-567.40 Million |
| 2012 | 12.57% | 9.91% | 0.38x | 3.34x | $1.27 Billion |
| 2013 | 13.45% | 10.54% | 0.41x | 3.13x | $1.75 Billion |
| 2014 | 15.90% | 12.18% | 0.43x | 3.02x | $3.11 Billion |
| 2015 | 15.62% | 10.96% | 0.45x | 3.19x | $2.94 Billion |
| 2016 | 16.12% | 10.81% | 0.45x | 3.35x | $3.30 Billion |
| 2017 | 33.11% | 26.87% | 0.45x | 2.72x | $15.85 Billion |
| 2018 | 16.38% | 12.41% | 0.38x | 3.51x | $4.57 Billion |
| 2019 | 15.78% | 11.99% | 0.41x | 3.18x | $4.78 Billion |
| 2020 | 11.66% | 10.17% | 0.38x | 3.03x | $1.50 Billion |
| 2021 | 14.73% | 12.17% | 0.42x | 2.87x | $4.55 Billion |
| 2022 | 6.63% | 4.42% | 0.47x | 3.18x | $-2.72 Billion |
| 2023 | 18.61% | 12.66% | 0.46x | 3.20x | $7.12 Billion |
| 2024 | 18.77% | 13.09% | 0.46x | 3.09x | $7.56 Billion |
| 2025 | 20.44% | 16.01% | 0.45x | 2.81x | $10.11 Billion |
Industry Comparison
This section compares Comcast Corp's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $91,472,705,884
- Average return on equity (ROE) among peers: 3.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Comcast Corp (CMCSA) | $88.33 Billion | 12.75% | 1.94x | $82.73 Billion |
| Array Digital Infrastructure, Inc. (AD) | $4.22 Billion | 3.01% | 0.93x | $1.76 Billion |
| America Movil SAB de CV ADR (AMX) | $457.64 Billion | 4.20% | 2.69x | $71.77 Billion |
| Anterix Inc (ATEX) | $212.51 Million | -25.62% | 0.19x | $1.65 Billion |
| ATN International Inc (ATNI) | $738.18 Million | 6.52% | 0.25x | $395.56 Million |
| Altice USA Inc (ATUS) | $-434.42 Million | 0.00% | 0.00x | $502.28 Million |
| Cable One Inc (CABO) | $435.35 Million | 20.45% | 2.24x | $30.97 Million |
| Cogent Communications Group Inc (CCOI) | $-149.00 Million | 0.00% | 0.00x | $345.19 Million |
| Chunghwa Telecom Co Ltd (CHT) | $310.22 Billion | 15.23% | 0.38x | $34.31 Billion |
| Charter Communications Inc (CHTR) | $50.37 Billion | 6.99% | 1.96x | $15.74 Billion |
About Comcast Corp
Comcast Corporation operates as a media and technology company worldwide. The company operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. Its Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment t… Read more