Comcast Corp (CMCSA)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	23,314,000	23,360,000	14,460,000	14,118,000	14,041,000	14,332,000	22,207,000	21,347,000	20,817,000	19,914,000	18,540,000	17,680,000	17,493,000	18,822,000	20,086,000	20,795,000	21,125,000	20,392,000	19,888,000	19,546,000
Revenue (ttm)	US$ in thousands	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	108,942,000	108,390,000	103,698,000	98,575,000
Operating profit margin		19.18%	19.33%	11.99%	11.75%	11.56%	11.82%	18.25%	17.76%	17.89%	17.51%	17.01%	16.97%	16.89%	18.05%	19.03%	19.13%	19.39%	18.81%	19.18%	19.83%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $23,314,000K ÷ $121,572,000K
= 19.18%

The operating profit margin of Comcast Corp has exhibited some fluctuations over the past eight quarters. In the most recent quarter, ending on December 31, 2023, the operating profit margin was 19.18%, which is slightly lower than the previous quarter's 19.36%. However, it is important to note that the operating profit margin has been consistently above 18% over this period, indicating that the company has been effectively controlling its operating expenses in relation to its revenue. The highest operating profit margin was recorded in the third quarter of 2022, at 20.02%, while the lowest margin was in the first quarter of 2022, at 18.19%. Overall, the operating profit margin appears to have remained relatively stable, with some minor fluctuations, suggesting that Comcast Corp has been managing its operating costs efficiently in relation to its sales.