Comcast Corp (CMCSA)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	16,192,000	15,388,000	5,370,000	14,159,000	10,534,000
Total stockholders’ equity	US$ in thousands	85,560,000	82,703,000	80,943,000	96,092,000	90,323,000
ROE		18.92%	18.61%	6.63%	14.73%	11.66%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $16,192,000K ÷ $85,560,000K
= 18.92%

The return on equity (ROE) of Comcast Corp has displayed fluctuations over the years. In December 31, 2020, the ROE stood at 11.66%, showing a moderate return generated on shareholder equity. By December 31, 2021, the ROE increased to 14.73%, indicating an improvement in the company's ability to generate profit from its equity base. However, in December 31, 2022, the ROE experienced a decline to 6.63%, indicating a decrease in profitability relative to the equity invested.

Subsequently, by December 31, 2023, the ROE rebounded significantly to 18.61%, surpassing the previous year's level and suggesting a more efficient utilization of equity to generate profits. In the most recent data available, as of December 31, 2024, the ROE further increased to 18.92%, signaling a continued positive trend in the company's profitability relative to the equity investment.

Overall, the trend in Comcast Corp's ROE demonstrates variability over the years, with fluctuations reflecting changes in the company's profitability relative to the shareholder equity. The increasing ROE in recent years indicates an improvement in the company's ability to generate profits from the equity provided by shareholders.