CMCSA vs WBD vs LBTYA Stock Comparison

Comcast, Warner Bros. Discovery and Liberty Global Prices as of Oct 23, 2026 Peers: Industry group
CMCSA Comcast Corp
$22.69 +0.6% 1M -22.6% 1Y
Market cap
$78.42B
P/E
6.9x
Revenue (TTM)
$123.01B
Div. yield
–
Broadband and Cable Communication Services
5 wins
WBD Warner Bros. Discovery, Inc.
$30.98 +9.7% 1M +62.4% 1Y
Market cap
$77.70B
P/E
–
Revenue (TTM)
$36.12B
Div. yield
–
Television Broadcasting Communication Services
3 wins
LBTYA Liberty Global Ltd.
$7.86 -17.1% 1M -28.4% 1Y
Market cap
$2.56B
P/E
–
Revenue (TTM)
$4.88B
Div. yield
–
Broadband and Cable Communication Services
1 win

Head to Head

9 decided of 12

Comcast leads on 5 of the 12 questions below (Comcast 5, Warner Bros. Discovery 3, Liberty Global 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMCSAWBDLBTYALeader
Larger companyMarket capitalisation $78.42B $77.70B $2.56B CMCSA
Cheaper on earningsLower P/E, profitable companies only 6.9x -24.6x -0.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.7x — — –
Faster revenue growthRevenue growth, trailing twelve months -0.2% -6.1% +5.4% LBTYA
More profitableNet margin, trailing twelve months 9.2% -8.8% -62.1% CMCSA
Better return on capitalReturn on invested capital 7.8% -1.6% -0.5% CMCSA
Less leveragedLower net debt / EBITDA 2.4x 7.5x 5.8x CMCSA
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -22.6% +62.4% -28.4% WBD
Better 5-year returnAnnualised price return, 5 years -16.0%/yr +3.2%/yr -12.5%/yr WBD
Less volatileAnnualised volatility, 1 year 34.1% 26.7% 34.6% WBD
Higher overall scoreMean of the five percentile scores vs peers 66/100 31/100 45/100 CMCSA

Percentile Scorecard

CMCSAWBDLBTYA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCMCSAWBDLBTYA
Valuation 94 #4 of 49 23 #42 of 54 63 #19 of 49
Growth 22 #36 of 46 25 #34 of 45 18 #38 of 46
Profitability 67 #16 of 46 36 #28 of 43 18 #38 of 46
Financial Health 61 #20 of 50 41 #37 of 62 59 #21 of 50
Shareholder Returns 86 #6 of 36 – 69 #12 of 36
Overall 66 31 45
  • CMCSA ranked among 51 companies in Telecommunications
  • WBD ranked among 63 companies in Advertising and Media
  • LBTYA ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCMCSAWBDLBTYASPY
1 month +0.6%+9.7%-17.1% -1.0%
3 months +1.7%+18.6%-18.9% +2.9%
6 months -17.7%+13.2%-33.9% +6.4%
Year to date -24.1%+7.5%-29.4% +11.4%
1 year -22.6%+62.4%-28.4% +13.1%
3 years -47.8%+201.4%-3.6% +79.4%
3 years, per year -19.5%+44.5%-1.2% +21.5%
5 years -58.2%+17.1%-48.6% +67.7%
5 years, per year -16.0%+3.2%-12.5% +10.9%
10 years -29.2%+11.3%-52.1% +255.2%
10 years, per year -3.4%+1.1%-7.1% +13.5%

Risk

MeasureCMCSAWBDLBTYASPY
Volatility, 1Y 34.1%26.7%34.6% 12.7%
Downside volatility, 1Y 39.9%18.6%31.7% 12.7%
Beta vs S&P 500, 1Y 0.040.500.46 1.00
Return / volatility, 1Y -0.662.34-0.82 1.03
Max drawdown, 5Y -61.9%-78.5%-50.9% -25.4%
From 52-week high -30.1%0.0%-39.7% -2.5%
52-week high $32.48$30.98$13.03 $779.14
52-week low $20.66$17.10$7.50 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCMCSAWBDLBTYA
P/E now vs peer median 7.1xmedian 11.6x -24.6xmedian 18.8x -0.9xmedian 11.6x
P/S now vs peer median 0.7xmedian 1.1x 2.2xmedian 0.7x 0.5xmedian 1.1x
EV/EBITDA now vs peer median 4.8xmedian 6.9x 28.0xmedian 11.1x 8.4xmedian 6.9x
P/FCF now vs peer median 4.1xmedian 5.6x 35.6xmedian 9.4x -10.5xmedian 5.6x
P/B now vs peer median 0.9xmedian 1.3x 2.3xmedian 1.6x 0.3xmedian 1.3x
PEG now vs peer median -1.55median 0.24 -1.04median 0.44 0.39median 0.24

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCMCSAWBDLBTYA
Revenue $123.01B $36.12B $4.88B
Gross profit – $17.06B $3.28B
Operating income $18.10B -$1.27B -$86.80M
Net income $11.32B -$3.15B -$3.01B
Free cash flow $19.67B $2.18B -$254.80M
EPS (diluted) $3.18 $-1.23 $-8.64
Cash & equivalents $7.60B $3.37B $2.42B
Total debt $87.40B $32.02B $8.35B
Shares (diluted) 3.56B 2.58B 351.13M
Enterprise value $44.21B $63.36B -$5.52B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCMCSAWBDLBTYA
P/E 7.1x -24.6x -0.9x
P/FCF 4.1x 35.6x -10.5x
P/Operating cash flow 2.5x 22.7x 2.1x
P/S 0.7x 2.2x 0.5x
P/B 0.9x 2.3x 0.3x
P/Tangible book 2.4x 9.6x 0.3x
EV/EBITDA 4.8x 28.0x 8.4x
EV/EBIT 8.8x -83.6x -99.1x
EV/Revenue 1.3x 2.9x 1.8x
EV/FCF 8.1x 48.8x -33.8x
EV/Operating cash flow 5.0x 31.1x 6.8x
PEG (3Y EPS CAGR) -1.55 -1.04 0.39

Growth

14 metrics
MetricCMCSAWBDLBTYA
Revenue growth (1Y) -0.2% -6.1% 5.4%
Revenue CAGR (3Y) 0.6% -4.8% 5.8%
Gross profit growth (1Y) – 2.6% 7.8%
Gross profit CAGR (3Y) – 2.2% 3.9%
Operating income growth (1Y) -18.4% -675.6% -215.0%
Operating income CAGR (3Y) -8.1% 38.8% -58.3%
Net income growth (1Y) -49.9% -595.1% 8.5%
Net income CAGR (3Y) -9.3% 22.3% 4.7%
EPS growth (1Y) -48.2% -500.2% 10.2%
EPS CAGR (3Y) -4.6% 23.6% -2.2%
Operating cash flow growth (1Y) -3.5% -32.9% -16.3%
Operating cash flow CAGR (3Y) 3.7% -7.7% -19.4%
Free cash flow growth (1Y) -6.2% -46.4% -158.0%
Free cash flow CAGR (3Y) 7.2% -10.9% -29.5%

Profitability

14 metrics
MetricCMCSAWBDLBTYA
Gross margin – 47.2% 67.2%
EBITDA margin 27.3% 10.5% 21.0%
Operating margin 14.7% -3.5% -1.8%
Pretax margin 11.3% -10.4% -57.5%
Net margin 9.2% -8.8% -62.1%
FCF margin 16.0% 6.0% -5.2%
Operating cash flow margin 25.8% 9.5% 26.0%
Return on equity 11.9% -9.3% -31.2%
Return on assets 4.2% -3.2% -13.8%
Return on invested capital 7.8% -1.6% -0.5%
Return on capital employed 8.0% -1.6% -0.5%
Asset turnover 0.5x 0.4x 0.2x
Cash conversion (OCF / net income) 2.8x -1.1x -0.4x
Stock comp / revenue 1.1% 2.3% 3.4%

Financial Health

11 metrics
MetricCMCSAWBDLBTYA
Debt / assets 33.9% 32.9% 38.8%
Debt / equity 0.9x 0.9x 0.9x
Net debt / EBITDA 2.4x 7.5x 5.8x
Debt / FCF 4.4x 14.7x -32.8x
Liabilities / assets 64.1% 65.0% 56.1%
Equity / assets 35.9% 35.0% 43.9%
Interest coverage 4.3x -0.6x -0.2x
Current ratio 0.8x 0.8x 1.3x
Quick ratio 0.7x 0.5x 1.1x
Cash ratio 0.2x 0.2x 0.9x
Altman Z-score 1.31 0.82 0.72

Shareholder Returns

7 metrics
MetricCMCSAWBDLBTYA
Dividend yield 5.8% – –
Net buyback yield 5.0% – 3.4%
Shareholder yield 10.9% 0.0% 3.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCMCSAWBDLBTYA
Forward P/E 6.7xFY2026 – –
EPS, next fiscal year $3.39FY2026 $-1.08FY2026 $-1.58FY2026
EPS growth, next FY -21.3%FY2026 -472.4%FY2026 –
EPS growth, the year after +11.8% – –
Revenue, next fiscal year $114.87BFY2026 $34.48BFY2026 $5.05BFY2026
Revenue growth, next FY -7.1%FY2026 -7.6%FY2026 +3.6%FY2026
Revenue growth, the year after +4.8% +11.6% -7.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMCSAWBDLBTYA
Held by institutions 88.0% 77.8% 97.0%
Institutions holding 1,884 1,319 293
Change in shares held, QoQ +2.7% +10.9% +0.6%
Institutions buying 832 628 145
Institutions selling 858 436 95
Buyers to sellers 0.97 1.44 1.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CMCSAWBDLBTYA
CMCSA 1.00 0.02 0.30
WBD 0.02 1.00 0.18
LBTYA 0.30 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CMCSA, WBD and LBTYA?

Comcast (CMCSA) is the largest by market capitalisation: Comcast (CMCSA) $78.42B, Warner Bros. Discovery (WBD) $77.70B, Liberty Global (LBTYA) $2.56B.

Which company is growing faster?

Liberty Global (LBTYA) grew revenue fastest over the trailing twelve months: Comcast (CMCSA) -0.2%, Warner Bros. Discovery (WBD) -6.1%, Liberty Global (LBTYA) +5.4%.

Which company is more profitable?

Comcast (CMCSA) has the highest net margin (Comcast (CMCSA) 9.2%, Warner Bros. Discovery (WBD) -8.8%, Liberty Global (LBTYA) -62.1%). On return on invested capital, Comcast (CMCSA) leads (Comcast (CMCSA) 7.8%, Warner Bros. Discovery (WBD) -1.6%, Liberty Global (LBTYA) -0.5%).

Which stock has performed better?

Over the past year Warner Bros. Discovery (WBD) returned the most: Comcast (CMCSA) -22.6%, Warner Bros. Discovery (WBD) +62.4%, Liberty Global (LBTYA) -28.4%. Over five years, Warner Bros. Discovery (WBD) compounded fastest (Comcast (CMCSA) -16.0%/yr, Warner Bros. Discovery (WBD) +3.2%/yr, Liberty Global (LBTYA) -12.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Warner Bros. Discovery (WBD) has been the steadiest (Comcast (CMCSA) 34.1%, Warner Bros. Discovery (WBD) 26.7%, Liberty Global (LBTYA) 34.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CMCSA, WBD and LBTYA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Comcast (CMCSA) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.