What is Comcast's EBITDA margin?

Latest reported EBITDA margin for Comcast (CMCSA) is 35.67% as of the trailing twelve months (TTM) ending March 31, 2026.

How has Comcast EBITDA margin changed year-over-year?

Comcast (CMCSA) EBITDA margin changed +7.1 percentage points year-over-year on the latest annual filing.

When did Comcast EBITDA margin hit its highest annual value?

Comcast EBITDA margin reached its highest annual value of 124.83% in 1993.

What was Comcast EBITDA margin in 2024?

Comcast (CMCSA) EBITDA margin in 2024 was 30.40%.

What was Comcast EBITDA margin in 2025?

Comcast (CMCSA) EBITDA margin in 2025 was 37.50%.

Comcast (CMCSA) EBITDA Margin — Annual & Quarterly %

TTM

35.7%

YoY change

+7.10pp

Trough year (2022)

22.2%

Peak year (1993)

124.8%

EBITDA Margin history chart for Comcast (CMCSA) from 1985 to 2025

Latest: 37.5%

EBITDA Margin change chart for Comcast (CMCSA) from 1985 to 2025

Latest: +7.10pp

EBITDA Margin history table for Comcast (CMCSA) from 1985 to 2025


2025	37.5%	+7.10pp	Dec 31, 2025	Feb 3, 2026
2024	30.4%	-1.60pp	Dec 31, 2024	Jan 31, 2025
2023	32.0%	+9.76pp	Dec 31, 2023	Jan 31, 2024
2022	22.2%	-9.71pp	Dec 31, 2022	Feb 3, 2023
2021	31.9%	+1.28pp	Dec 31, 2021	Feb 2, 2022
2020	30.7%	-1.02pp	Dec 31, 2020	Feb 4, 2021
2019	31.7%	+0.15pp	Dec 31, 2019	Jan 30, 2020
2018	31.5%	-2.07pp	Dec 31, 2018	Jan 31, 2019
2017	33.6%	+0.54pp	Dec 31, 2017	Jan 31, 2018
2016	33.1%	-0.16pp	Dec 31, 2016	Feb 3, 2017
2015	33.2%	-0.37pp	Dec 31, 2015	Feb 5, 2016
2014	33.6%	+0.24pp	Dec 31, 2014	Feb 27, 2015
2013	33.3%	-1.70pp	Dec 31, 2013	Feb 12, 2014
2012	35.0%	-9.97pp	Dec 31, 2012	Feb 21, 2013
2011	45.0%	+5.31pp	Dec 31, 2011	Feb 23, 2012
2010	39.7%	+0.68pp	Dec 31, 2010	Feb 25, 2011
2009	39.0%	+1.56pp	Dec 31, 2009	Feb 23, 2010
2008	37.5%	-0.68pp	Dec 31, 2008	Feb 20, 2009
2007	38.1%	-0.23pp	Dec 31, 2007	Feb 20, 2008
2006	38.4%	-1.13pp	Dec 31, 2006	Feb 26, 2007
2005	39.5%	+0.73pp	Dec 31, 2005	Feb 22, 2006
2004	38.8%	+3.93pp	Dec 31, 2004	Feb 23, 2005
2003	34.8%	-0.17pp	Dec 31, 2003	Mar 12, 2004
2002	35.0%	+7.08pp	Dec 31, 2002	Mar 20, 2003
2001	27.9%	-2.14pp	Dec 31, 2001	Dec 31, 2001
2000	30.1%	+1.26pp	Dec 31, 2000	Dec 31, 2000
1999	28.8%	+1.18pp	Dec 31, 1999	Dec 31, 1999
1998	27.6%	-1.32pp	Dec 31, 1998	Dec 31, 1998
1997	28.9%	-0.04pp	Dec 31, 1997	Dec 31, 1997
1996	29.0%	-1.31pp	Dec 31, 1996	Dec 31, 1996
1995	30.3%	-94.17pp	Dec 31, 1995	Dec 31, 1995
1994	124.5%	-0.36pp	Dec 31, 1994	Dec 31, 1994
1993	124.8%	+80.72pp	Dec 31, 1993	Dec 31, 1993
1992	44.1%	+1.21pp	Dec 31, 1992	Dec 31, 1992
1991	42.9%	+1.62pp	Dec 31, 1991	Dec 31, 1991
1990	41.3%	+1.48pp	Dec 31, 1990	Dec 31, 1990
1989	39.8%	+0.48pp	Dec 31, 1989	Dec 31, 1989
1988	39.3%	+3.01pp	Dec 31, 1988	Dec 31, 1988
1987	36.3%	+0.71pp	Dec 31, 1987	Dec 31, 1987
1986	35.6%	+3.72pp	Dec 31, 1986	Dec 31, 1986
1985	31.9%	—	Dec 31, 1985	Dec 31, 1985

202537.5%+7.10pp
202430.4%-1.60pp
202332.0%+9.76pp
202222.2%-9.71pp
202131.9%+1.28pp
202030.7%-1.02pp
201931.7%+0.15pp
201831.5%-2.07pp
201733.6%+0.54pp
201633.1%-0.16pp
201533.2%-0.37pp
201433.6%+0.24pp
201333.3%-1.70pp
201235.0%-9.97pp
201145.0%+5.31pp
201039.7%+0.68pp
200939.0%+1.56pp
200837.5%-0.68pp
200738.1%-0.23pp
200638.4%-1.13pp
200539.5%+0.73pp
200438.8%+3.93pp
200334.8%-0.17pp
200235.0%+7.08pp
200127.9%-2.14pp
200030.1%+1.26pp
199928.8%+1.18pp
199827.6%-1.32pp
199728.9%-0.04pp
199629.0%-1.31pp
199530.3%-94.17pp
1994124.5%-0.36pp
1993124.8%+80.72pp
199244.1%+1.21pp
199142.9%+1.62pp
199041.3%+1.48pp
198939.8%+0.48pp
198839.3%+3.01pp
198736.3%+0.71pp
198635.6%+3.72pp
198531.9%—

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

About EBITDA Margin at Comcast (CMCSA)

According to Comcast's latest reported financial statements, the company's latest reported EBITDA margin is 35.7%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported April 23, 2026). Chart and table below cover the full reported history back to 1985.

As of the 2025 fiscal year, Comcast (CMCSA) reported EBITDA margin of 37.50% – expanded 7.1 percentage points year-over-year.

1993 marks the peak EBITDA margin at 124.83%, with the historical low of 22.24% recorded in 2022.

Comcast EBITDA Margin by Year

Comcast EBITDA Margin 2025: 37.5%

2025's EBITDA margin for Comcast came in at 37.50%, expanded 7.1 percentage points from 2024.

Comcast EBITDA Margin 2024: 30.4%

Comcast posted EBITDA margin of 30.40% in 2024, contracted 1.6 percentage points from 2023.

Comcast EBITDA Margin 2023: 32.0%

In 2023, Comcast reported EBITDA margin of 32.00%, expanded 9.8 percentage points from 2022.

Comcast EBITDA Margin 2022: 22.2%

Comcast EBITDA margin in 2022 was 22.24%, contracted 9.7 percentage points from 2021. This figure represents the lowest annual value in the available history.

Comcast EBITDA Margin 2021: 31.9%

Comcast EBITDA margin in 2021 was 31.94%.

See more financial history for Comcast (CMCSA).

Sector peers by EBITDA Margin

Communication Services peers of Comcast (CMCSA), ranked by their latest EBITDA margin


Netflix (NFLX)	72.7%
Meta (META)	52.8%
Alphabet (GOOGL)	51.8%
AT&T (T)	42.3%
Verizon (VZ)	35.0%
T-Mobile US (TMUS)	31.1%
Walt Disney (DIS)	21.3%
Spotify (SPOT)	17.0%

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