Comcast Corp (CMCSA)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 23,297,000 | 22,788,000 | 23,404,000 | 23,478,000 | 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 |
| Total assets | US$ in thousands | 266,211,000 | 269,871,000 | 262,555,000 | 263,601,000 | 264,811,000 | 261,072,000 | 262,147,000 | 259,429,000 | 257,275,000 | 254,308,000 | 267,032,000 | 274,074,000 | 275,905,000 | 277,061,000 | 277,004,000 | 278,511,000 | 273,869,000 | 268,940,000 | 265,978,000 | 262,421,000 |
| Operating ROA | 8.75% | 8.44% | 8.91% | 8.91% | 8.80% | 8.95% | 5.52% | 5.44% | 5.46% | 5.64% | 8.32% | 7.79% | 7.54% | 7.19% | 6.69% | 6.35% | 6.39% | 7.00% | 7.55% | 7.92% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $23,297,000K ÷ $266,211,000K
= 8.75%
Operating return on assets (Operating ROA) is a vital financial metric that indicates how efficiently a company generates profits from its assets employed in its core operations. In the case of Comcast Corp, the trend in operating ROA over the evaluated period demonstrates fluctuations. It started at 7.92% on March 31, 2020, showing a slight decline to 6.39% by December 31, 2020.
The metric continued to fluctuate in the subsequent periods, reaching its lowest point of 5.44% on March 31, 2023. However, there was a notable improvement in the following quarters, with the operating ROA rising to 8.91% by June 30, 2024. This improvement was sustained, with the ratio remaining relatively stable around the 8.75% mark as of December 31, 2024.
Overall, Comcast Corp's operating ROA experienced variability during the period under analysis, indicating fluctuations in the company's ability to generate profits from its operational assets. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's operational efficiency and profitability over time.
Peer comparison
Dec 31, 2024