TTM
15.3%
YoY change
−2.12pp
Trough year (2001)
-7.7%
Peak year (1993)
100.0%
Latest annual
16.7%
Operating Margin history chart for Comcast (CMCSA) from 1985 to 2025
Latest: 16.7%
Operating Margin change chart for Comcast (CMCSA) from 1985 to 2025
Latest: −2.12pp
Operating Margin history table for Comcast (CMCSA) from 1985 to 2025
| 2025 | 16.7% | -2.12pp | ||
| 2024 | 18.8% | -0.35pp | ||
| 2023 | 19.2% | +0.54pp | ||
| 2022 | 18.6% | +0.75pp | ||
| 2021 | 17.9% | +1.00pp | ||
| 2020 | 16.9% | -2.50pp | ||
| 2019 | 19.4% | -0.72pp | ||
| 2018 | 20.1% | -1.08pp | ||
| 2017 | 21.2% | +0.34pp | ||
| 2016 | 20.8% | -0.62pp | ||
| 2015 | 21.5% | -0.20pp | ||
| 2014 | 21.7% | +0.69pp | ||
| 2013 | 21.0% | +1.51pp | ||
| 2012 | 19.5% | +0.27pp | ||
| 2011 | 19.2% | -1.84pp | ||
| 2010 | 21.0% | +0.86pp | ||
| 2009 | 20.2% | +0.62pp | ||
| 2008 | 19.6% | +1.50pp | ||
| 2007 | 18.1% | -0.45pp | ||
| 2006 | 18.5% | +1.79pp | ||
| 2005 | 16.7% | +1.99pp | ||
| 2004 | 14.7% | +4.07pp | ||
| 2003 | 10.6% | -0.72pp | ||
| 2002 | 11.4% | +19.09pp | ||
| 2001 | -7.7% | -5.76pp | ||
| 2000 | -2.0% | -12.13pp | ||
| 1999 | 10.2% | -0.11pp | ||
| 1998 | 10.3% | -0.16pp | ||
| 1997 | 10.4% | -2.45pp | ||
| 1996 | 12.9% | +3.09pp | ||
| 1995 | 9.8% | -90.19pp | ||
| 1994 | 100.0% | 0.00pp | ||
| 1993 | 100.0% | +81.66pp | ||
| 1992 | 18.3% | -1.77pp | ||
| 1991 | 20.1% | +3.37pp | ||
| 1990 | 16.7% | +0.75pp | ||
| 1989 | 16.0% | +1.45pp | ||
| 1988 | 14.5% | -0.40pp | ||
| 1987 | 14.9% | -7.06pp | ||
| 1986 | 22.0% | +3.42pp | ||
| 1985 | 18.6% | — |
- 202516.7%-2.12pp
- 202418.8%-0.35pp
- 202319.2%+0.54pp
- 202218.6%+0.75pp
- 202117.9%+1.00pp
- 202016.9%-2.50pp
- 201919.4%-0.72pp
- 201820.1%-1.08pp
- 201721.2%+0.34pp
- 201620.8%-0.62pp
- 201521.5%-0.20pp
- 201421.7%+0.69pp
- 201321.0%+1.51pp
- 201219.5%+0.27pp
- 201119.2%-1.84pp
- 201021.0%+0.86pp
- 200920.2%+0.62pp
- 200819.6%+1.50pp
- 200718.1%-0.45pp
- 200618.5%+1.79pp
- 200516.7%+1.99pp
- 200414.7%+4.07pp
- 200310.6%-0.72pp
- 200211.4%+19.09pp
- 2001-7.7%-5.76pp
- 2000-2.0%-12.13pp
- 199910.2%-0.11pp
- 199810.3%-0.16pp
- 199710.4%-2.45pp
- 199612.9%+3.09pp
- 19959.8%-90.19pp
- 1994100.0%0.00pp
- 1993100.0%+81.66pp
- 199218.3%-1.77pp
- 199120.1%+3.37pp
- 199016.7%+0.75pp
- 198916.0%+1.45pp
- 198814.5%-0.40pp
- 198714.9%-7.06pp
- 198622.0%+3.42pp
- 198518.6%—
Operating 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 Operating Margin at Comcast (CMCSA)
According to Comcast's latest reported financial statements, the company's latest reported operating margin is 15.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Comcast (CMCSA) operating margin is 16.71% – contracted 2.1 percentage points year-over-year.
Across the available history, operating margin reached its high of 100.00% in 1993 and its low of -7.72% in 2001.
Comcast Operating Margin by Year
Comcast Operating Margin 2025: 16.7%
2025's operating margin for Comcast came in at 16.71%, contracted 2.1 percentage points from 2024.
Comcast Operating Margin 2024: 18.8%
Comcast posted operating margin of 18.83% in 2024, contracted 0.3 percentage points from 2023.
Comcast Operating Margin 2023: 19.2%
In 2023, Comcast reported operating margin of 19.18%, expanded 0.5 percentage points from 2022.
Comcast Operating Margin 2022: 18.6%
Comcast operating margin in 2022 was 18.63%, expanded 0.7 percentage points from 2021.
Comcast Operating Margin 2021: 17.9%
Comcast operating margin in 2021 was 17.89%.
See more financial history for Comcast (CMCSA).
Sector peers by Operating Margin
Communication Services peers of Comcast (CMCSA), ranked by their latest operating margin
| 41.2% | |
| 32.7% | |
| 29.7% | |
| 21.2% | |
| 20.4% | |
| 19.4% | |
| 15.5% | |
| 13.7% |
- 41.2%
- 32.7%
- 29.7%
- 21.2%
- 20.4%
- 19.4%
- 15.5%
- 13.7%
Frequently asked questions
Comcast (CMCSA) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation