Comcast Corporation

CMCSA
Sector

Communication Services

Industry

Telecom Services

Market Cap

$153.98B

Employees

186K

Company Overview

Comcast Corporation is a global media and technology company. They operate through two main segments: Connectivity & Platforms, which provides broadband, wireless, video, and voice services, and Content & Experiences, which produces and distributes entertainment, sports, and news content. Comcast is a large player in the US and international markets, with competitive advantages in its extensive network infrastructure and diverse content portfolio.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total revenue remained relatively flat at $121.6 billion in 2023 compared to $121.4 billion in 2022, indicating a lack of significant growth in the top line.

Adjusted EBITDA margin increased to 30.9% in 2023 from 30.0% in 2022, suggesting some improvement in profitability despite flat revenue.

Net income attributable to Comcast Corporation increased to $15.4 billion in 2023 from $5.4 billion in 2022, primarily due to a decrease in goodwill and long-lived asset impairments.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights