Comcast Corporation (CMCSA) Bundle
A Brief History of Comcast Corporation (CMCSA)
Company Overview
Comcast Corporation is a multinational telecommunications conglomerate headquartered in Philadelphia, Pennsylvania.
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $120.7 billion |
| Net Income | $13.5 billion |
| Market Capitalization | $182.4 billion |
| Total Employees | 190,000 |
Business Segments
- Comcast Cable
- NBCUniversal
- Sky
- Peacock Streaming Platform
Key Subsidiaries
| Subsidiary | Annual Revenue |
|---|---|
| NBC | $34.2 billion |
| Universal Studios | $22.7 billion |
| Xfinity | $63.5 billion |
Subscriber Statistics
- Cable Subscribers: 22.1 million
- Broadband Internet Subscribers: 32.4 million
- Peacock Streaming Subscribers: 28 million
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Stock Price (CMCSA) | $45.67 |
| Price-to-Earnings Ratio | 14.3 |
| Dividend Yield | 2.8% |
A Who Owns Comcast Corporation (CMCSA)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| Vanguard Group Inc | 440,784,762 | 8.55% |
| BlackRock Inc | 373,234,494 | 7.24% |
| Capital World Investors | 268,012,426 | 5.20% |
| State Street Corporation | 227,915,994 | 4.42% |
Roberts Family Ownership
The Roberts family, through the Roberts Family Trust, owns 33.33% of the company's voting shares.
Top Individual Shareholders
- Brian L. Roberts (Chairman/CEO): 1,154,315 shares
- Michael J. Angelakis: 503,827 shares
- David L. Cohen: 401,925 shares
Public Float
Total public float: 5,152,000,000 shares
Ownership Structure
Comcast Corporation is a publicly traded company listed on NASDAQ with 51.48% institutional ownership as of 2024.
Comcast Corporation (CMCSA) Mission Statement
Corporate Overview
Comcast Corporation reported total revenue of $121.4 billion for the fiscal year 2023. The company operates through multiple segments including NBCUniversal and Sky.
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $121.4 billion |
| Net Income | $14.7 billion |
| Total Assets | $344.7 billion |
Mission Statement Components
Comcast's mission focuses on delivering innovative entertainment, communication, and technology services.
- Provide high-speed internet connectivity to 32.2 million residential customers
- Operate cable networks reaching 56 million subscribers
- Maintain 189,000 full-time employees
Business Segments
| Segment | 2023 Revenue |
|---|---|
| Comcast Cable | $73.3 billion |
| NBCUniversal | $36.6 billion |
| Sky | $11.5 billion |
Strategic Focus Areas
- Expand broadband infrastructure
- Invest in streaming technology
- Enhance digital entertainment platforms
Market capitalization as of January 2024: $180.3 billion.
How Comcast Corporation (CMCSA) Works
Company Overview
Comcast Corporation is headquartered in Philadelphia, Pennsylvania, with a market capitalization of $186.49 billion as of January 2024. The company reported total revenue of $121.75 billion in 2023.
Business Segments
| Segment | Revenue (2023) | Key Services |
|---|---|---|
| Comcast Cable | $74.5 billion | Internet, TV, phone services |
| NBCUniversal | $34.2 billion | Media, entertainment, theme parks |
| Sky | $12.1 billion | European media and telecommunications |
Internet and Cable Services
Comcast serves approximately 32.2 million residential customers in the United States. Xfinity Internet offers speeds up to 2 Gbps in many markets.
Subscriber Base
- Internet subscribers: 32.2 million
- Cable TV subscribers: 17.8 million
- Voice subscribers: 11.4 million
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Net Income | $13.5 billion |
| Operating Cash Flow | $28.6 billion |
| Capital Expenditures | $11.2 billion |
Media Holdings
NBCUniversal owns multiple networks including NBC, MSNBC, CNBC, USA Network, and Telemundo. The company operates Universal Studios theme parks in California and Florida.
Technology Infrastructure
Comcast operates a nationwide network with over 217,000 route miles of fiber network and continues to invest in 10G network technology.
Workforce
Comcast employs approximately 186,000 people as of 2024.
How Comcast Corporation (CMCSA) Makes Money
Revenue Streams
Comcast Corporation generates revenue through multiple business segments:
| Business Segment | 2023 Revenue |
|---|---|
| Comcast Cable Communications | $73.4 billion |
| NBCUniversal | $41.1 billion |
| Sky | $16.4 billion |
Cable Communications Revenue Sources
- Internet Services: $33.6 billion
- Video Services: $21.5 billion
- Voice Services: $6.2 billion
- Advertising: $3.9 billion
NBCUniversal Revenue Breakdown
| Division | 2023 Revenue |
|---|---|
| Media | $12.3 billion |
| Entertainment | $15.8 billion |
| Theme Parks | $5.1 billion |
Streaming Platform Revenue
Peacock Streaming Platform generated $2.1 billion in 2023, with 28 million paid subscribers.
Internet and Cable Subscriber Numbers
- Internet Subscribers: 32.4 million
- Cable TV Subscribers: 17.6 million
- Voice Service Subscribers: 11.2 million
Advertising Revenue
Total advertising revenue across platforms: $9.7 billion in 2023.
Comcast Corporation (CMCSA) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.