Comcast Corporation (NASDAQ: CMCSA)
Telecom Services · Philadelphia, PA, United States · Founded 1963
- Market capitalization: $160.0 billion
- Annual revenue: $23.81 billion
- Net income: $3.06 billion
- Employees: 186,000
- Sector: Communication Services
- Headquarters: Philadelphia, United States
- Founded: 1963
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Comcast is the largest cable and broadband provider in the United States, with about 32 million customer relationships. But it's much more than cable — the company owns NBCUniversal (NBC, Universal Pictures, Universal theme parks) and Sky (European pay-TV). Annual revenue exceeds $120 billion. Xfinity broadband is the real cash cow, even as video subscribers steadily decline.
Connectivity (broadband, wireless) generates the most profitable revenue through Xfinity. NBCUniversal contributes through theme parks, film, TV, and Peacock streaming. Sky provides European distribution. The strategy is bundling — internet, mobile, streaming, and entertainment under one roof. Broadband margins exceed 60%, making it the engine that funds everything else.
Ralph Roberts bought a small cable system in Tupelo, Mississippi in 1963 — that was the start. His son Brian Roberts has run the company since 2002. The $30 billion NBCUniversal acquisition from GE in 2011-2013 transformed Comcast from a cable company into a media conglomerate. The $39 billion Sky acquisition in 2018 added European scale after a bidding war with Fox.
| Market Capitalization | $160.0B |
| Annual Revenue | $23.81B |
| Net Income | $3.06B |
| Profit Margin | 13% |
| Revenue per Employee | $128011K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | CMCSA |
Financial data is approximate and based on most recent annual filings.
Comcast consistently ranks among the most hated companies in America in customer satisfaction surveys, yet it prints money because broadband is essentially a local monopoly in most of its markets. The company's Universal theme parks division has been growing faster than Disney's parks in recent years. Brian Roberts controls the company through a dual-class share structure despite owning only about 1% of the economic interest.
Broadband is a phenomenal business, but cord-cutting is accelerating and fixed wireless from T-Mobile and Verizon is a real competitive threat for the first time. Comcast needs the content and parks businesses to pull more weight going forward.
What is Comcast Corporation's revenue?
Comcast Corporation generates approximately $23.81 billion in annual revenue.
How many employees does Comcast Corporation have?
Comcast Corporation employs approximately 186,000 people worldwide.
What is Comcast Corporation's market cap?
Comcast Corporation (CMCSA) has a market capitalization of approximately $160.0 billion on the NASDAQ.
When was Comcast Corporation founded?
Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, PA, United States.
Who is the CEO of Comcast Corporation?
Brian Roberts is the current CEO of Comcast Corporation.
What is Comcast Corporation's website?
Comcast Corporation's official website is comcastcorporation.com.
| CEO | Brian Roberts |
| Sector | Communication Services |
| Industry | Telecom Services |
| Founded | 1963 |
| HQ | Philadelphia, PA |
| Country | United States |
| Website | comcastcorporation.com |
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