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Global 500

Nathan Congleton—NBC/NBCU Photo Bank via Getty Images

80

Comcast

CMCSA

U.S.

It’s been a mixed year for the communications and entertainment giant, which dropped a slot from last year’s Global 500 list. Total 2017 revenue came in at $84.5 billion, up 5% from the year before. But while subscriber numbers for the company’s high-speed Internet have grown, video and voice subscriptions are slipping, evidence that the cord-cutting trend is starting to erode Comcast’s biggest business (even if it is still able to keep overall revenue growth up year to year). The year ahead could be monumental for the largest U.S. cable provider: It recently upped its bid for European pay-TV player Sky, competing with 21st Century Fox in an effort to seal the deal.

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CEO

Brian L. Roberts

Sector

Telecommunications

Industry

Telecommunications

HQ Location

Philadelphia

Years on Global 500 List

16

Employees

164,000

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$84,5265.1%
Profits ($M)$22,714.0161.2%
Assets ($M)$186,949
Total Stockholder Equity ($M)$68,606
Profit Ratios
Profit as % of Revenues26.9%
Profits as % of Assets12.1%
Profits as % of Stockholder Equity33.1%
STOCK QUOTE
()0.00 0.00 (0)
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  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about Comcast

Comcast Ends Its Bidding War With Disney for 21st Century Fox

Instead, the cable giant will focus its energy on acquisition of British broadcaster Sky.

Read More →
The Stakes Just Got Higher in the 21st Century Fox v. Comcast Battle for Sky

Fox’s offer of 14 pounds per share values Sky at $32 billion, a 12% premium to Comcast’s rival offer.

Read More →
Comcast Slaps New Restrictions on Xfinity Mobile Customers

Xfinity Mobile customers will have to pay more to stream HD video and use their phone as a 4G hotspot.

Read More →