Comcast annual debt-to-equity ratio
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2025
Comcast Debt-to-Equity Ratio Growth & History (CMCSA)
Comcast's debt-to-equity ratio was 1.08 for fiscal 2025.
View full Comcast company overviewComcast annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.08 | −0.15 | −12.06% |
| 2024 | 2024-12-31 | 1.23 | −0.02 | −1.72% |
| 2023 | 2023-12-31 | 1.25 | −0.00 | −0.10% |
| 2022 | 2022-12-31 | 1.25 | 0.19 | +18.18% |
| 2021 | 2021-12-31 | 1.06 | −0.14 | −11.37% |
| 2020 | 2020-12-31 | 1.20 | −0.09 | −7.21% |
| 2019 | 2019-12-31 | 1.29 | −0.27 | −17.24% |
| 2018 | 2018-12-31 | 1.56 | 0.62 | +65.85% |
| 2017 | 2017-12-31 | 0.94 | −0.19 | −16.86% |
| 2016 | 2016-12-31 | 1.13 | 0.12 | +12.41% |
| 2015 | 2015-12-31 | 1.01 | 0.09 | +10.37% |
| 2014 | 2014-12-31 | 0.91 | −0.03 | −3.36% |
| 2013 | 2013-12-31 | 0.94 | 0.12 | +15.14% |
| 2012 | 2012-12-31 | 0.82 | −0.01 | −1.42% |
| 2011 | 2011-12-31 | 0.83 | 0.12 | +17.40% |
| 2010 | 2010-12-31 | 0.71 | 0.03 | +3.99% |
| 2009 | 2009-12-31 | 0.68 | −0.06 | −8.71% |
| 2008 | 2008-12-31 | 0.75 | — | — |
Comcast quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.01 | −0.04 | −3.90% |
| Q1 2026 | 2026-03-31 | 1.07 | −0.07 | −6.31% |
| Q4 2025 | 2025-12-31 | 1.08 | −0.15 | −12.06% |
| Q3 2025 | 2025-09-30 | 1.02 | −0.16 | −13.65% |
| Q2 2025 | 2025-06-30 | 1.05 | −0.13 | −11.10% |
| Q1 2025 | 2025-03-31 | 1.14 | −0.03 | −2.25% |
| Q4 2024 | 2024-12-31 | 1.23 | −0.02 | −1.72% |
| Q3 2024 | 2024-09-30 | 1.18 | 0.00 | +0.39% |
| Q2 2024 | 2024-06-30 | 1.18 | 0.02 | +1.70% |
| Q1 2024 | 2024-03-31 | 1.17 | 0.01 | +0.99% |
| Q4 2023 | 2023-12-31 | 1.25 | −0.00 | −0.10% |
| Q3 2023 | 2023-09-30 | 1.18 | 0.03 | +2.22% |
| Q2 2023 | 2023-06-30 | 1.16 | 0.14 | +13.34% |
| Q1 2023 | 2023-03-31 | 1.16 | 0.16 | +15.98% |
| Q4 2022 | 2022-12-31 | 1.25 | 0.19 | +18.18% |
| Q3 2022 | 2022-09-30 | 1.15 | 0.14 | +13.52% |
| Q2 2022 | 2022-06-30 | 1.02 | −0.02 | −1.53% |
| Q1 2022 | 2022-03-31 | 1.00 | −0.12 | −10.82% |
| Q4 2021 | 2021-12-31 | 1.06 | −0.14 | −11.37% |
| Q3 2021 | 2021-09-30 | 1.01 | −0.20 | −16.23% |
| Q2 2021 | 2021-06-30 | 1.04 | −0.21 | −17.14% |
| Q1 2021 | 2021-03-31 | 1.12 | −0.15 | −11.87% |
| Q4 2020 | 2020-12-31 | 1.20 | −0.09 | −7.21% |
| Q3 2020 | 2020-09-30 | 1.21 | −0.14 | −10.23% |
| Q2 2020 | 2020-06-30 | 1.25 | −0.21 | −14.20% |
| Q1 2020 | 2020-03-31 | 1.27 | −0.25 | −16.28% |
| Q4 2019 | 2019-12-31 | 1.29 | −0.27 | −17.24% |
| Q3 2019 | 2019-09-30 | 1.35 | 0.33 | +32.41% |
| Q2 2019 | 2019-06-30 | 1.46 | 0.55 | +59.86% |
| Q1 2019 | 2019-03-31 | 1.52 | 0.56 | +58.16% |
| Q4 2018 | 2018-12-31 | 1.56 | 0.62 | +65.85% |
| Q3 2018 | 2018-09-30 | 1.02 | −0.15 | −13.09% |
| Q2 2018 | 2018-06-30 | 0.91 | −0.24 | −20.97% |
| Q1 2018 | 2018-03-31 | 0.96 | −0.16 | −14.47% |
| Q4 2017 | 2017-12-31 | 0.94 | −0.19 | −16.86% |
| Q3 2017 | 2017-09-30 | 1.17 | 0.04 | +3.84% |
| Q2 2017 | 2017-06-30 | 1.16 | 0.11 | +10.42% |
| Q1 2017 | 2017-03-31 | 1.12 | 0.07 | +6.27% |
| Q4 2016 | 2016-12-31 | 1.13 | 0.12 | +12.41% |
| Q3 2016 | 2016-09-30 | 1.13 | 0.21 | +22.19% |
| Q2 2016 | 2016-06-30 | 1.05 | 0.12 | +13.13% |
| Q1 2016 | 2016-03-31 | 1.06 | 0.15 | +16.99% |
| Q4 2015 | 2015-12-31 | 1.01 | 0.09 | +10.37% |
| Q3 2015 | 2015-09-30 | 0.92 | 0.02 | +1.78% |
| Q2 2015 | 2015-06-30 | 0.93 | 0.03 | +3.45% |
| Q1 2015 | 2015-03-31 | 0.90 | −0.02 | −2.35% |
| Q4 2014 | 2014-12-31 | 0.91 | −0.03 | −3.36% |
| Q3 2014 | 2014-09-30 | 0.91 | −0.03 | −2.96% |
| Q2 2014 | 2014-06-30 | 0.89 | −0.06 | −5.84% |
| Q1 2014 | 2014-03-31 | 0.92 | −0.06 | −5.66% |
| Q4 2013 | 2013-12-31 | 0.94 | 0.12 | +15.14% |
| Q3 2013 | 2013-09-30 | 0.94 | 0.20 | +27.83% |
| Q2 2013 | 2013-06-30 | 0.95 | 0.23 | +32.72% |
| Q1 2013 | 2013-03-31 | 0.98 | 0.24 | +32.63% |
| Q4 2012 | 2012-12-31 | 0.82 | −0.01 | −1.42% |
| Q3 2012 | 2012-09-30 | 0.73 | −0.10 | −12.20% |
| Q2 2012 | 2012-06-30 | 0.72 | −0.12 | −14.28% |
| Q1 2012 | 2012-03-31 | 0.74 | −0.12 | −14.03% |
| Q4 2011 | 2011-12-31 | 0.83 | 0.12 | +17.40% |
| Q3 2011 | 2011-09-30 | 0.83 | 0.18 | +27.03% |
| Q2 2011 | 2011-06-30 | 0.84 | 0.17 | +26.49% |
| Q1 2011 | 2011-03-31 | 0.86 | 0.20 | +29.56% |
| Q4 2010 | 2010-12-31 | 0.71 | 0.03 | +3.99% |
| Q3 2010 | 2010-09-30 | 0.66 | −0.02 | −2.53% |
| Q2 2010 | 2010-06-30 | 0.66 | −0.03 | −4.54% |
| Q1 2010 | 2010-03-31 | 0.66 | — | — |
| Q4 2009 | 2009-12-31 | 0.68 | −0.06 | −8.71% |
| Q3 2009 | 2009-09-30 | 0.67 | — | — |
| Q2 2009 | 2009-06-30 | 0.69 | — | — |
| Q4 2008 | 2008-12-31 | 0.75 | — | — |
Comcast debt-to-equity ratio trends
Over the last five fiscal years, Comcast's debt-to-equity ratio decreased from 1.20 to 1.08, a change of −0.11. The latest reported quarter, Q2 2026, shows 1.01.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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