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  • Previous Rank96
  • Revenues ($M)$80,403
  • Revenue Percent Change7.9%
  • Profits ($M)$8,695
  • Profits Percent Change6.5%
  • Assets ($M)$180,500
  • Employees159,000

The cord-cutting trend doesn’t appear to be hurting Comcast, at least not yet. In 2016 the cable giant managed to increase revenue by 8% in 2016, improve operating cash flow by 7%, and add 858,000 customers “an uptick of 29%” to its classic cable business. But “video” is the word on the lips of the company’s leadership as it puts the finishing touches on a second skyscraper in Philadelphia, designed to house the engineers and software developers it believes will be a growth engine for the company. Meanwhile NBCUniversal seems to be thriving under its corporate parent, with operating cash flow that has more than doubled since it announced the deal. 2016 marked a strong year for NBCU’s various TV and movie franchises and the continued integration of DreamWorks Animation studio, which it acquired in 2015. Comcast was founded in 1963 and is headquartered in Philadelphia.

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Company Information

CEO
Brian L. Roberts
Sector
Telecommunications
Industry
Telecommunications
HQ Location
Philadelphia, PA
Websitehttp://www.comcastcorporation.com
Years on Global 500 List15
Employees159,000

Comcast Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$80,4037.9%
Profits ($M)$8,6956.5%
Assets ($M)$180,500-
Total Stockholder Equity ($M)$53,943-

Profit Ratios

Profit as % of Revenues10.8%
Profits as % of Assets4.8%
Profits as % of Stockholder Equity16.1%