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Capital Expenditures for Comcast (CMCSA)

According to Comcast's latest reported financial statements, the company's current capital expenditures (TTM) is $11.85B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Comcast Corporation logo
Comcast

CMCSA

Currently viewingCapital Expenditures

Latest period

$11.85B

YoY change

-3.5%

5Y CAGR

+0.2%

Peak year (2023)

$15.54B

Cumulative capital expenditures

$214.34B

CapEx history chart for Comcast (CMCSA) from 1988 to 2025

CapEx history table for Comcast (CMCSA) from 1988 to 2025

Fiscal yearPeriod endedReportedCapital ExpendituresYoY
2025$11.75B-3.5%
2024$12.18B-21.6%
2023$15.54B+12.9%
2022$13.77B+14.2%
2021$12.06B+3.6%
2020$11.63B-6.4%
2019$12.43B+6.1%
2018$11.71B+3.6%
2017$11.30B+4.4%
2016$10.82B+9.6%
2015$9.87B+15.5%
2014$8.54B+12.3%
2013$7.61B+14.6%
2012$6.64B+6.0%
2011$6.26B+13.9%
2010$5.50B-2.5%
2009$5.64B-10.2%
2008$6.28B-4.4%
2007$6.56B+39.6%
2006$4.70B+29.8%
2005$3.62B-1.1%
2004$3.66B-12.0%
2003$4.16B+110.7%
2002$1.98B-9.7%
2001$2.19B+33.7%
2000$1.64B-0.7%
1999$1.65B+22.2%
1998$1.35B+45.8%
1997$925.50M+26.6%
1996$730.80M+17.3%
1995$623.00M+130.8%
1994$269.90M+70.4%
1993$158.40M+44.8%
1992$109.40M+28.7%
1991$85.00M-24.9%
1990$113.20M-45.6%
1989$207.90M+110.2%
1988$98.90M

CapEx values are taken from Comcast's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2025 fiscal year, Comcast (CMCSA) reported capital expenditures of $11.75B – edged down 3.5% year-over-year.

Through 2020–2025 (5 years), Comcast capital expenditures delivered a +0.2% annualised rate; with the latest reading among the more recent periods of the dataset.

Between 2023 and 2025, Comcast capital expenditures declined 24.4%, falling from $15.54B to $11.75B.

The dataset's maximum capital expenditures sits at $15.54B (2023); the minimum reading of $85.00M dates to 1991.

Within Communication Services, Comcast (CMCSA) ranks 5th among 8 peers we track. The peer median for capital expenditures is $13.48B.

Comcast Capital Expenditures by Year

Comcast Capital Expenditures 2025: $11.75B

Comcast capital expenditures in 2025 was $11.75B, edged down 3.5% below 2024.

Comcast Capital Expenditures 2024: $12.18B

Comcast capital expenditures in 2024 was $12.18B, declined 21.6% below 2023.

Comcast Capital Expenditures 2023: $15.54B

Comcast capital expenditures in 2023 was $15.54B, grew 12.9% from 2022. This figure represents the highest annual value in the available history.

Comcast Capital Expenditures 2022: $13.77B

Comcast capital expenditures in 2022 was $13.77B, grew 14.2% from 2021.

Comcast Capital Expenditures 2021: $12.06B

Comcast capital expenditures in 2021 was $12.06B.

See more financial history for Comcast (CMCSA).

Sector peers — CapEx

Companies in the same sector as Comcast, ranked by their latest capital expenditures.

CompanyCapital ExpendituresSector
Alphabet Inc. (GOOGL)$91.45BCommunication Services
Meta Platforms, Inc. (META)$69.69BCommunication Services
AT&T Inc. (T)$20.84BCommunication Services
Verizon Communications Inc. (VZ)$17.01BCommunication Services
T-Mobile US, Inc. (TMUS)$9.96BCommunication Services
The Walt Disney Company (DIS)$8.02BCommunication Services
Netflix, Inc. (NFLX)$688.22MCommunication Services
Spotify Technology S.A. (SPOT)$61.00MCommunication Services

Frequently asked questions

What is Comcast's capital expenditures?

Latest reported capital expenditures for Comcast (CMCSA) is $11.85B (period ending March 31, 2026).

How has Comcast capital expenditures changed year-over-year?

Comcast (CMCSA) capital expenditures changed -3.5% year-over-year on the latest annual filing.

What is the long-term growth rate of Comcast capital expenditures?

Comcast (CMCSA) capital expenditures compound annual growth rate is +0.2% over the most recent 5 years available.

When did Comcast capital expenditures hit its highest annual value?

Comcast capital expenditures reached its highest annual value of $15.54B in 2023.

What was Comcast capital expenditures in 2024?

Comcast (CMCSA) capital expenditures in 2024 was $12.18B.

What was Comcast capital expenditures in 2025?

Comcast (CMCSA) capital expenditures in 2025 was $11.75B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.