Comcast (CMCSA) Return on Invested Capital [ROIC] (2009 - 2026)
Comcast (CMCSA) reported Return on Invested Capital [ROIC] of 7.84% for Q3 2026, down 1.36 percentage points from 9.20% a year earlier but up 0.07 percentage points from the prior quarter.
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Analysis
Comcast (CMCSA) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Comcast posted Return on Invested Capital [ROIC] of 8.27%, down 2.56 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +1.30 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 10.84% in FY2024 (+1.20 pp), 9.64% in FY2023 (+5.60 pp), 4.04% in FY2022 (-3.74 pp) and 7.78% in FY2021 (+0.80 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 4.22% in Q3 2022 and a high of 10.63% in Q1 2025.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last six quarters, with an average year-over-year change of -0.84 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2024 (a gain of 5.45 percentage points); the low point was Q2 2023 (a drop of 4.28 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 7.77% (Q2 2026), 7.74% (Q1 2026) and 8.04% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.79 Bn | 157.13 Bn | 27.05 Bn | 8.22% |
| 2 | T-Mobile US | 173.48 Bn | 155.91 Bn | 15.13 Bn | 10.51% |
| 3 | At&T | 147.74 Bn | 89.20 Bn | 26.22 Bn | 6.91% |
| 4 | Grupo Televisa, S.A.B | 147.02 Bn | 147.02 Bn | 960.50 Mn | 4.38% |
| 5 | Comcast | 86.74 Bn | 52.53 Bn | - | 7.84% |
| 6 | Chunghwa Telecom | 38.68 Bn | 30.69 Bn | 728.80 Mn | 10.71% |
| 7 | Vodafone Group Public | 37.42 Bn | 6.82 Bn | - | - |
| 8 | EchoStar | 27.50 Bn | 8.54 Bn | 647.20 Mn | 0.79% |
| 9 | Bce | 20.09 Bn | 18.08 Bn | 2.79 Bn | 9.39% |
| 10 | Telefonica Brasil | 18.40 Bn | 12.42 Bn | 1.42 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.84% |
| Jun 30, 2026 | 7.77% |
| Mar 31, 2026 | 7.74% |
| Dec 31, 2025 | 8.04% |
| Sep 30, 2025 | 9.20% |
| Jun 30, 2025 | 9.60% |
| Mar 31, 2025 | 10.63% |
| Dec 31, 2024 | 10.62% |
| Sep 30, 2024 | 9.24% |
| Jun 30, 2024 | 9.66% |
| Mar 31, 2024 | 9.69% |
| Dec 31, 2023 | 9.53% |
| Sep 30, 2023 | 9.50% |
| Jun 30, 2023 | 4.50% |
| Mar 31, 2023 | 4.25% |
| Dec 31, 2022 | 4.26% |
| Sep 30, 2022 | 4.22% |
| Jun 30, 2022 | 8.77% |
| Mar 31, 2022 | 8.04% |
| Dec 31, 2021 | 7.80% |
API Access
Comcast Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CMCSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CMCSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CMCSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();