Comcast Holdings Corp (CCZ) Key Metrics
CCZ key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCCZ valuation Price multiples at each fiscal year-end price.
CCZ returns How much profit the business earns on the capital it uses.
CCZ per-share figures Results divided by the shares outstanding at year-end.
CCZ financial health Debt, liquidity and how easily interest is covered.
CCZ efficiency & capital use Working capital cycle and where the cash goes.
CCZ valuation history
CCZ returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CCZ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CCZ cash returned to shareholders
CCZ price vs earnings per share
CCZ key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $218.20B | $238.67B | $237.51B | $250.92B | — | $278.87B | $278.86B | $238.12B | — | — |
| Enterprise value | $319.16B | $330.44B | $340.81B | $346.15B | — | $376.06B | $380.74B | $346.05B | — | — |
| P/E ratio | 10.9 | 14.7 | 15.4 | 46.7 | — | 26.5 | 21.4 | 20.3 | — | — |
| Price / sales | 1.8 | 1.9 | 2.0 | 2.1 | — | 2.7 | 2.6 | 2.5 | — | — |
| Price / book | 2.3 | 2.8 | 2.9 | 3.1 | — | 3.1 | 3.4 | 3.3 | — | — |
| Price / free cash flow | 10.0 | 15.5 | 18.3 | 19.8 | — | 21.3 | 21.0 | 18.9 | — | — |
| Price / operating cash flow | 6.5 | 8.6 | 8.3 | 9.5 | — | 11.3 | 10.9 | 9.8 | — | — |
| EV / sales | 2.6 | 2.7 | 2.8 | 2.9 | — | 3.6 | 3.5 | 3.7 | — | — |
| EV / EBITDA | 6.9 | 8.8 | 8.8 | 12.8 | — | 11.8 | 11.0 | 11.6 | — | — |
| EV / free cash flow | 14.6 | 21.5 | 26.3 | 27.4 | — | 28.7 | 28.7 | 27.5 | — | — |
| Earnings yield | 9.2% | 6.8% | 6.5% | 2.1% | — | 3.8% | 4.7% | 4.9% | — | — |
| Free cash flow yield | 10.0% | 6.4% | 5.5% | 5.0% | — | 4.7% | 4.8% | 5.3% | — | — |
| Dividend yield | 2.2% | 2.0% | 2.0% | 1.9% | — | 1.5% | 1.3% | 1.4% | — | — |
| Shareholder yield (dividends + buybacks) | 5.5% | 5.8% | 6.8% | 7.2% | — | 1.7% | 1.5% | 3.6% | — | — |
| Share price at fiscal year-end | $60.01 | $61.07 | $57.26 | $56.64 | $63.41 | $60.31 | $60.49 | $51.32 | $63.24 | $45.30 |
| Per share | ||||||||||
| Revenue per share | $34.02 | $31.66 | $29.31 | $27.41 | — | $22.40 | $23.63 | $20.37 | — | — |
| Earnings per share | $5.50 | $4.14 | $3.71 | $1.21 | — | $2.28 | $2.83 | $2.53 | — | — |
| Operating cash flow per share | $9.25 | $7.08 | $6.87 | $5.96 | — | $5.35 | $5.57 | $5.24 | — | — |
| Free cash flow per share | $6.02 | $3.93 | $3.12 | $2.85 | — | $2.83 | $2.88 | $2.71 | — | — |
| Cash per share | $2.61 | $1.87 | $1.50 | $1.07 | — | $2.54 | $1.19 | $0.82 | — | — |
| Book value per share | $26.65 | $21.89 | $19.94 | $18.27 | — | $19.53 | $17.94 | $15.43 | — | — |
| Tangible book value per share | −$12.77 | −$17.95 | −$18.49 | −$17.78 | — | −$19.13 | −$19.61 | −$21.57 | — | — |
| Dividends per share | $1.35 | $1.23 | $1.15 | $1.07 | — | $0.90 | $0.81 | $0.72 | — | — |
| Capex per share | $3.23 | $3.15 | $3.75 | $3.11 | — | $2.52 | $2.70 | $2.52 | — | — |
| Debt per share | $30.37 | $25.36 | $26.40 | $22.57 | — | $23.56 | $23.29 | $24.08 | — | — |
| Shares outstanding | 3.64B | 3.91B | 4.15B | 4.43B | — | 4.62B | 4.61B | 4.64B | — | — |
| Change in shares outstanding | −7.0% | −5.8% | −6.4% | — | — | +0.3% | −0.6% | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 21.9% | 19.2% | 18.8% | 6.1% | 15.2% | 12.2% | 16.9% | 16.7% | 37.1% | 16.3% |
| Return on invested capital (ROIC) | 8.4% | 10.9% | 9.5% | 6.6% | 8.0% | 7.2% | 9.1% | 9.6% | 14.9% | 9.9% |
| Return on assets (ROA) | 7.4% | 6.1% | 5.9% | 2.0% | 5.2% | 3.9% | 5.1% | 5.3% | 12.4% | 5.0% |
| Return on tangible assets | 15.5% | 14.7% | 14.6% | 5.5% | 14.2% | 11.1% | 14.5% | 14.7% | 34.4% | 14.3% |
| Free cash flow margin | 17.7% | 12.4% | 10.7% | 10.4% | 14.7% | 12.7% | 12.2% | 13.3% | 11.9% | 10.4% |
| Income quality (OCF / net income) | 1.68 | 1.71 | 1.85 | 4.92 | 2.06 | 2.35 | 1.97 | 2.07 | 0.94 | 2.22 |
| Financial health | ||||||||||
| Total debt | $110.44B | $99.09B | $109.51B | $99.98B | $100.02B | $108.93B | $107.38B | $111.74B | $64.56B | $61.05B |
| Cash & short-term investments | $9.48B | $7.32B | $6.21B | $4.75B | $8.71B | $11.74B | $5.50B | $3.81B | $3.43B | $3.30B |
| Net debt | $100.96B | $91.77B | $103.30B | $95.23B | $91.31B | $97.19B | $101.88B | $107.93B | $61.13B | $57.74B |
| Debt / equity | 1.14 | 1.16 | 1.32 | 1.24 | 1.04 | 1.21 | 1.30 | 1.56 | 0.94 | 1.13 |
| Debt / assets | 0.41 | 0.37 | 0.41 | 0.39 | 0.36 | 0.40 | 0.41 | 0.44 | 0.34 | 0.34 |
| Net debt / EBITDA | 2.18 | 2.44 | 2.66 | 3.53 | 2.46 | 3.06 | 2.95 | 3.62 | 2.17 | 2.15 |
| Current ratio | 0.88 | 0.68 | 0.60 | 0.78 | 0.85 | 0.93 | 0.84 | 0.79 | 0.74 | 0.76 |
| Quick ratio | 0.88 | 0.68 | 0.60 | 0.78 | 1.25 | 0.93 | 0.71 | 0.66 | 0.74 | 0.68 |
| Interest coverage | 4.7 | 5.6 | 5.7 | 5.8 | 4.9 | 3.8 | 4.6 | 5.4 | 5.8 | 5.7 |
| Working capital | −$3.96B | −$12.78B | −$16.21B | −$6.06B | −$4.54B | −$2.06B | −$4.90B | −$5.75B | −$5.65B | −$5.17B |
| Invested capital | $197.87B | $177.33B | $186.00B | $176.18B | $187.40B | $187.51B | $184.61B | $179.54B | $129.74B | $111.69B |
| Tangible asset value | −$45.96B | −$69.43B | −$75.92B | −$77.69B | −$77.95B | −$85.75B | −$87.91B | −$97.90B | −$50.55B | −$62.25B |
| Net current asset value | −$145.69B | −$153.14B | −$157.36B | −$153.41B | −$153.09B | −$154.11B | −$152.78B | −$156.02B | −$100.30B | −$106.52B |
| Graham number | $57.43 | $45.18 | $40.79 | $22.32 | — | $31.64 | $33.82 | $29.63 | — | — |
| Graham net-net per share | −$42.73 | −$41.55 | −$39.72 | −$36.34 | — | −$34.71 | −$35.20 | −$35.31 | — | — |
| Capital allocation | ||||||||||
| Dividends paid | $4.89B | $4.81B | $4.77B | $4.74B | $4.53B | $4.14B | $3.73B | $3.35B | $2.88B | $2.60B |
| Share buybacks (net) | $7.16B | $9.10B | $11.29B | $13.33B | $4.67B | $534.0M | $504.0M | $5.32B | $5.43B | $5.00B |
| Dividend payout ratio | 24.5% | 29.7% | 31.0% | 88.3% | 32.0% | 39.3% | 28.6% | 28.6% | 12.7% | 30.0% |
| Dividends + buybacks / free cash flow | 55.0% | 90.5% | 123.9% | 142.9% | 53.9% | 35.7% | 31.9% | 68.9% | 82.3% | 90.3% |
| Capex / revenue | 9.5% | 9.9% | 12.8% | 11.3% | 10.4% | 11.2% | 11.4% | 12.4% | 13.3% | 13.4% |
| Capex / operating cash flow | 34.9% | 44.4% | 54.5% | 52.1% | 41.4% | 47.0% | 48.4% | 48.2% | 52.8% | 56.2% |
| Capex / depreciation | 0.72 | 0.83 | 1.08 | 1.00 | 0.87 | 0.89 | 0.96 | 1.10 | 1.17 | 1.13 |
| Stock-based compensation / revenue | 1.0% | 1.0% | 1.0% | 1.1% | 1.1% | 1.2% | 0.9% | 0.9% | 0.9% | 0.8% |
| SG&A / revenue | 32.3% | 39.3% | 38.8% | 38.5% | 37.2% | 38.5% | 37.1% | 36.8% | 37.6% | 37.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 40.6 | 40.5 | 39.8 | 37.1 | 36.8 | 40.1 | 37.5 | 38.5 | 36.0 | 33.6 |
| Days of inventory on hand | — | — | — | — | -114.0 | — | 40.4 | 23.1 | 12.8 | 26.6 |
| Days payables outstanding | 116.9 | 117.1 | 124.0 | 119.4 | 113.1 | 122.3 | 102.4 | 94.7 | 99.5 | 98.4 |
| Cash conversion cycle (days) | -76.2 | -76.6 | -84.3 | -82.3 | -190.2 | -82.2 | -24.5 | -33.1 | -50.6 | -38.3 |
| Receivables turnover | 8.99 | 9.01 | 9.18 | 9.84 | 9.92 | 9.10 | 9.73 | 9.48 | 10.13 | 10.87 |
| Payables turnover | 3.12 | 3.12 | 2.94 | 3.06 | 3.23 | 2.99 | 3.57 | 3.86 | 3.67 | 3.71 |
| Inventory turnover | — | — | — | — | — | — | 9.04 | 15.81 | 28.47 | 13.74 |
| Asset turnover | 0.46 | 0.47 | 0.47 | 0.46 | 0.42 | 0.39 | 0.42 | 0.43 | 0.46 | 0.47 |
| Average receivables | $13.77B | $13.74B | $13.24B | $12.34B | $11.74B | $11.38B | $11.20B | $9.97B | $8.39B | $7.43B |
| Average payables | $11.19B | $11.88B | $12.49B | $12.50B | $11.91B | $11.10B | $9.66B | $7.70B | $6.91B | $6.57B |
| Average inventory | — | — | — | — | −$12.01B | — | $3.81B | $1.88B | $890.5M | $1.77B |
| Intangibles / total assets | 52.6% | 58.5% | 60.2% | 62.1% | 63.8% | 65.3% | 65.7% | 68.2% | 64.7% | 66.4% |
Computed from CCZ's annual financial statements (latest annual report filed February 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CCZ valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Comcast traded at 10.9 times earnings, against a 10-year median of 20.3. Comcast earned a return on equity of 21.9% and a return on invested capital of 8.4% in fiscal 2025. It ended the year with $110.4 billion of debt and $9.5 billion in cash and short-term investments, net debt of $101.0 billion. It returned $12.0 billion to shareholders: $4.9 billion in dividends and $7.2 billion in share buybacks, 55% of free cash flow.
See the CCZ income statement, the CCZ chart for price history, or the CCZ stock overview for the latest quote and news.
CCZ key metrics FAQ
What is Comcast's P/E ratio?
Comcast traded at 10.9 times earnings at the end of fiscal 2025.
What is Comcast's EV/EBITDA?
Comcast's enterprise value was 6.9 times EBITDA at the end of fiscal 2025 (enterprise value $319.2 billion, EBITDA $46.4 billion).
What is Comcast's return on equity?
Comcast's return on equity (ROE) was 21.9% in fiscal 2025: net income of $20.0 billion on average shareholders' equity of $91.2 billion.
What is Comcast's ROIC?
Comcast's return on invested capital was 8.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Comcast have?
Comcast had total debt of $110.4 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.14 and $101.0 billion of net debt (2.18 times EBITDA).
What is Comcast's dividend yield?
Comcast paid $4.9 billion in dividends in fiscal 2025 ($1.35 per share), a payout ratio of 24.5%.
Does Comcast buy back its shares?
Yes. Comcast spent $7.2 billion on net share repurchases in fiscal 2025 Shares outstanding changed −7.0% over the year, to 3.64B..
What is Comcast's free cash flow yield?
Comcast generated $21.9 billion of free cash flow in fiscal 2025, a free cash flow yield of 10.0% on its market value at year-end ($218.2 billion).
What is Comcast's current ratio?
Comcast's current ratio was 0.88 at the end of fiscal 2025: current assets were 0.88 times current liabilities.