Comcast Corp (CMCSA)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	16,192,000	14,675,000	15,092,000	15,411,000	15,388,000	15,151,000	6,507,000	5,655,000	5,370,000	5,404,000	14,037,000	14,379,000	14,159,000	14,482,000	12,466,000	11,716,000	10,534,000	10,316,000	11,514,000	11,651,000
Total stockholders’ equity	US$ in thousands	85,560,000	85,774,000	83,219,000	82,549,000	82,703,000	82,625,000	84,119,000	82,421,000	80,943,000	80,296,000	91,426,000	94,693,000	96,092,000	95,782,000	94,935,000	92,575,000	90,323,000	86,176,000	83,614,000	81,506,000
ROE		18.92%	17.11%	18.14%	18.67%	18.61%	18.34%	7.74%	6.86%	6.63%	6.73%	15.35%	15.18%	14.73%	15.12%	13.13%	12.66%	11.66%	11.97%	13.77%	14.29%

December 31, 2024 calculation

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

Comcast Corp's return on equity (ROE) has fluctuated over the past few years. It stood at around 14% in the first quarter of 2020, gradually declining to about 11.66% by the end of the year. However, there was a positive trend in ROE starting from the first quarter of 2021, with values increasing to around 15% by the third quarter of 2022.

Notably, there was a significant drop in ROE in the fourth quarter of 2022 to around 6.63%, which continued to stay relatively low in the first half of 2023. However, there was a sharp increase in ROE in the third quarter of 2023 to 18.34%, reaching a peak of 18.92% by the end of 2024.

Overall, Comcast Corp's ROE performance has been volatile, with periods of improvement and decline. It is essential for investors and stakeholders to monitor these fluctuations to assess the company's profitability and efficiency in generating returns for shareholders.