Comcast vs Liberty Global
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Comcast and Liberty Global side by side, using each one’s latest annual report. Here is what stands out:
- Comcast is the larger business, with $123.7B of revenue in fiscal 2025 against $4.9B for Liberty Global, about 25 times as much.
- Liberty Global grew revenue faster (12.4%, against −0.0%).
- Comcast kept more of each dollar of sales as operating profit (16.7% operating margin, against −0.5%).
- Comcast turned more of its sales into free cash flow (17.7% FCF margin, against −2.7%).
- Comcast earned a higher return on the capital invested in it (8.9%, against −0.1%).
Who comes out ahead
Of the 10 measures where higher (or lower) is clearly better, how many each company leads.
Comcast
CMCSA
8/10
5-year growthOperating marginNet marginFCF marginReturn on capitalReturn on equityPiotroski F-scoreNet debt / EBITDA
Liberty Global
LBTYA
2/10
Revenue growthShare count change
Side by side
Best in the row
| Latest fiscal year | CMCSA FY25 | LBTYA FY25 |
|---|---|---|
| Size | ||
| Market cap | $78.5B | $2.6B |
| Revenue | $123.7B | $4.9B |
| Free cash flow | $21.9B | −$132M |
| Net income | $20.0B | −$7.1B |
| Growth | ||
| Revenue growth | −0.0% | 12.4% |
| 5-year growth | 3.6% | −15.8% |
| Share count change | −5.1% | −8.8% |
| Profitability | ||
| Gross margin | — | 65.8% |
| Operating margin | 16.7% | −0.5% |
| Net margin | 16.2% | −146.3% |
| FCF margin | 17.7% | −2.7% |
| Return on capital | 8.9% | −0.1% |
| Return on equity | 21.9% | −64.6% |
| Balance sheet | ||
| Net debt | $83.5B | $6.4B |
| Net debt / EBITDA | 2.3x | 6.3x |
| Dividends and buybacks | $12.0B | $192M |
| Valuation & quality | ||
| P/E | 7.0x | — |
| Piotroski F-score | 7 | 5 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.