Comcast Corp (CMCSA)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	107,513,000	107,292,000	105,838,000	106,538,000	107,099,000	106,259,000	97,299,000	96,749,000	98,142,000	95,619,000	102,438,000	99,200,000	93,807,000	97,238,000	93,113,000	88,922,000	88,185,000	88,875,000	89,958,000	92,571,000
Revenue (ttm)	US$ in thousands	122,728,000	122,067,000	120,112,000	120,937,000	121,572,000	120,872,000	120,606,000	120,109,000	121,428,000	121,211,000	121,660,000	120,190,000	116,385,000	113,757,000	108,991,000	104,160,000	103,564,000	104,254,000	105,549,000	108,692,000
Gross profit margin		87.60%	87.90%	88.12%	88.09%	88.10%	87.91%	80.68%	80.55%	80.82%	78.89%	84.20%	82.54%	80.60%	85.48%	85.43%	85.37%	85.15%	85.25%	85.23%	85.17%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $107,513,000K ÷ $122,728,000K
= 87.60%

The gross profit margin for Comcast Corp has shown stability and consistency in previous periods, ranging from 85.15% to 85.48%. However, a decline was observed in the most recent quarters, with margins dropping to 80.60% and 78.89% for December 31, 2021, and September 30, 2022, respectively. Subsequently, there was a slight recovery in the following quarters, reaching 84.20% for June 30, 2022. The margin continued to fluctuate in the subsequent periods, with values ranging between 80.55% and 88.12%. Notably, the gross profit margin experienced a significant increase in the latter half of 2023 and throughout 2024, reaching its peak at 88.12% on June 30, 2024, before stabilizing around 87.60% by the end of December 31, 2024. This fluctuation indicates that Comcast Corp has been able to maintain healthy levels of profitability, albeit with some variability over the quarters.