Over the 2021–2024 period Comcast’s balance sheet shows a meaningful step down in total assets from $275.9B in 2021 to $257.3B in 2022 (≈‑6.8%), followed by a modest recovery to $266.2B by 2024. That 2022 decline and partial rebound could reflect one-time items (asset revaluations, divestitures, or changes in capital expenditure/timing) common in capital‑intensive media/telecom companies; by 2023–24 assets essentially stabilized at a slightly lower run rate than 2021. Total liabilities moved more modestly: $179.8B in 2021 → $176.3B in 2022 → $182.1B in 2023 → $180.7B in 2024, so liabilities were roughly flat with a small uptick in 2023 and slight easing in 2024. Stockholders’ equity fell sharply from $96.1B in 2021 to $80.9B in 2022 (≈‑15.8%), then recovered gradually to $85.6B by 2024. As a result leverage increased after 2021 — liabilities/asset ratio rose from ~65% in 2021 to ~68–69% in 2022–23 before easing to ~68% in 2024, and equity/assets declined from ~34.8% to ~31–32%. The pattern suggests a one‑time hit to equity around 2022 with subsequent stabilization; absent 2025 data (all zeros), the recent trend points to a steadier, moderately leveraged capital structure typical for large integrated cable/media operators.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.