Comcast Corp (CMCSA)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 18,989,000 | 19,472,000 | 20,114,000 | 20,634,000 | 20,759,000 | 20,429,000 | 11,331,000 | 10,203,000 | 9,730,000 | 9,872,000 | 18,726,000 | 19,807,000 | 19,418,000 | 19,815,000 | 17,303,000 | 15,499,000 | 13,898,000 | 13,562,000 | 14,796,000 | 14,948,000 |
| 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 |
| Pretax margin | 15.47% | 15.95% | 16.75% | 17.06% | 17.08% | 16.90% | 9.40% | 8.49% | 8.01% | 8.14% | 15.39% | 16.48% | 16.68% | 17.42% | 15.88% | 14.88% | 13.42% | 13.01% | 14.02% | 13.75% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $18,989,000K ÷ $122,728,000K
= 15.47%
Over the analyzed period from March 31, 2020, to December 31, 2024, Comcast Corp's pretax margin experienced fluctuations. The pretax margin reflects the company's efficiency in generating profits before accounting for taxes as a percentage of its total revenue.
The pretax margin started at 13.75% on March 31, 2020, and generally increased to a peak of 17.42% on September 30, 2021. This upward trend indicates an improvement in Comcast's ability to control operating costs relative to its revenue during this period.
However, from September 30, 2021, the pretax margin exhibited a declining trend, reaching a low of 8.01% on December 31, 2022. This decrease may suggest challenges in managing expenses or generating higher revenues compared to costs during this specific period.
Subsequently, Comcast's pretax margin showed signs of recovery, increasing to 17.08% by December 31, 2023. The company's performance in the following quarters remained relatively stable, ranging between 15.47% and 17.06% for the rest of the analyzed period.
Overall, the fluctuations in Comcast Corp's pretax margin highlight the dynamic nature of its profitability performance, influenced by various factors such as operational efficiency, revenue growth, and cost management strategies. It would be essential for investors and stakeholders to monitor these trends closely to assess the company's financial health and future prospects accurately.
Peer comparison
Dec 31, 2024