CMCSA Comcast margins

Relative Growth: Rel. Growth: 48

Relative Strength: Rel. Strength: 32

Relative Valuation: Rel. Valuation: 88

Relative Profitability: Rel. Profitability: 72

Gross margin

100%

Operating margin

14.7%

EBITDA margin

27.7%

Net margin

For the latest period, Comcast has a gross margin of 100%, an operating margin of 14.7%, an EBITDA margin of 27.7%, and a net margin of 9%. The biggest decline was in EBITDA margin, down 10.8 percentage points; the remaining margins held steady.

CMCSA margin history

Gross, operating, EBITDA and net margin trends

Comcast's margins averaged 100% gross, 17.99% operating, 33.22% EBITDA, and 13.74% net during the last 3 years. Against the three-year averages, operating, EBITDA, and net margins are below their three-year averages.

CMCSA margin expansion

Year-over-year margin changes in percentage points

From the same period last year, operating margin contracted by 3.4 percentage points, EBITDA margin by 10.8 percentage points, and net margin by 9.4 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

-3.4pp

EBITDA margin expansion

-10.8pp

Net margin expansion

-9.4pp

CMCSA Gross margin

Across the last 3 years, Comcast's gross margin came to 100%. The current gross margin stands at 100%, in line with its three-year average. Gross margin was highest at 100% in Jun 2026 and lowest at 100% in Sep 2023.

CMCSA Operating margin

Across the last 3 years, Comcast recorded an average operating margin of 17.99%. Comcast currently reports an operating margin of 14.7%, 3.3 percentage points below its three-year average. The highest operating margin for Comcast was 19.3% in Jun 2024, while the lowest was 14.7% in Jun 2026.

CMCSA EBITDA margin

In the last 3 years, Comcast had an average EBITDA margin of 33.22%. Against its three-year average, Comcast's EBITDA margin is currently 27.7%, 5.5 percentage points below its three-year average. Looking back over the last 3 years, Comcast's EBITDA margin reached 38.7% at its highest point in Sep 2025 and 27.7% at its lowest in Jun 2026.

CMCSA Net margin

Comcast's net margin averaged 13.74% during the last 3 years. Compared with its three-year average, Comcast's current net margin is 9% and is 4.7 percentage points below its three-year average. Over the last 3 years, Comcast's net margin peaked at 18.4% in Jun 2025 and reached a low of 9% in Jun 2026.

CMCSA margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 100%, CMCSA stands higher than the Communication Services sector and the industry average. Looking at the Communication Services sector average of 49.1%, Comcast's gross margin is 104% higher.

CMCSA margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Comcast's gross margin?

The current gross margin for CMCSA is 100% as of Jun 30, 2026.

What is Comcast's operating margin?

For the period ending Jun 30, 2026, CMCSA recorded an operating margin of 14.7%.

What is Comcast's EBITDA margin?

As of Jun 30, 2026, CMCSA has an EBITDA margin of 27.7%.

What is Comcast's net margin?

The current net margin for CMCSA is 9% as of Jun 30, 2026.

What are the average margins of CMCSA?

Over the past 3 years, CMCSA reported average margins of 100.0% gross, 18.0% operating, 33.2% EBITDA, and 13.7% net.

What are the highest historical margins of CMCSA?

Over this 5-year history, CMCSA peaked at 100% gross in Jun 2026, 19.3% operating in Jun 2024, 38.7% EBITDA in Sep 2025, and 18.4% net in Jun 2025.

What are the lowest historical margins of CMCSA?

Comcast's lowest recorded margins during the past 5 years were 100% gross in Sep 2021, 11.6% operating in Dec 2022, 22.6% EBITDA in Dec 2022, and 4.4% net in Dec 2022.