Comcast Corp (CMCSA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 23,297,000 | 23,314,000 | 14,041,000 | 20,817,000 | 17,493,000 |
| Total assets | US$ in thousands | 266,211,000 | 264,811,000 | 257,275,000 | 275,905,000 | 273,869,000 |
| Operating ROA | 8.75% | 8.80% | 5.46% | 7.54% | 6.39% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $23,297,000K ÷ $266,211,000K
= 8.75%
Comcast Corp's operating return on assets (operating ROA) has shown a fluctuating trend over the past five years. The ratio increased from 6.39% as of December 31, 2020, to 7.54% as of December 31, 2021, indicating an improvement in the company's efficiency in generating earnings from its operating assets.
However, the operating ROA declined in the following years, with ratios of 5.46% as of December 31, 2022, and 8.80% as of December 31, 2023. This fluctuation may suggest varying levels of operational performance and asset utilization during those periods.
As of December 31, 2024, Comcast Corp's operating ROA remained favorable at 8.75%, indicating that the company was able to achieve a high return on its operating assets in that year.
Overall, Comcast Corp's operating ROA has shown mixed performance over the years, with both improvements and declines in efficiency in generating earnings from its operational assets. Further analysis of the factors influencing these fluctuations would provide more insights into the company's operational and financial strategies.
Peer comparison
Dec 31, 2024