Comcast Corp (CMCSA)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 108,517,000 | 107,098,000 | 98,141,000 | 93,805,000 | 82,763,000 |
| Revenue | US$ in thousands | 123,731,000 | 121,572,000 | 121,427,000 | 116,385,000 | 103,564,000 |
| Gross profit margin | 87.70% | 88.09% | 80.82% | 80.60% | 79.91% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $108,517,000K ÷ $123,731,000K
= 87.70%
Comcast Corp's gross profit margin has shown a positive trend over the past five years, increasing from 79.91% as of December 31, 2020, to 87.70% as of December 31, 2024. This indicates that the company has been able to improve its ability to generate revenue after accounting for the cost of goods sold. The consistent upward trend in gross profit margin reflects efficient cost management and potentially increasing pricing power. However, it is essential to continue monitoring this ratio to ensure that operational efficiencies are being maintained and that any potential cost pressures are effectively addressed.
Peer comparison
Dec 31, 2024