Slide 1: 4th Quarter and Full Year 2024 Results
th 4 Quarter and Full Year 2024 Results January 30, 2025
Slide 2: Important Information
IMPORTANT INFORMATION Caution Concerning Forward-looking Statements This presentation includes statements that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Sec
Slide 3: Consolidated 2024 Financial Results
Consolidated 2024 Financial Results ($ in billions, except per share data) Revenue Adj. EBITDA Adj. EPS +1.8% +1.2% +9.0% $123.7 $37.6 $38.1 $4.33 $121.6 $3.98 2023 2024 2023 2024 2023 2024 Free Cash Flow Generation of $12.5 Billion*; Return of Capital to Shareholders of $13.5 Billion 3 *Includes a
Slide 4: Consolidated 4Q 2024 Financial Results
Consolidated 4Q 2024 Financial Results ($ in billions, except per share data) Revenue Adj. EBITDA Adj. EPS +2.1% +9.9% +13.9% $31.9 $8.8 $0.96 $31.3 $8.0 $0.84 4Q23 4Q24 4Q23 4Q24 4Q23 4Q24 Free Cash Flow Generation of $3.3 Billion; Return of Capital to Shareholders of $3.2 Billion 4 Reported result
Slide 5: Connectivity & Platforms
4Q 2024 4Q 2024 Revenue Adj. EBITDA Commentary Connectivity ($M) y/y % y/y % & Platforms Revenue ($B) • Residential Connectivity revenue +5%, with domestic wireless revenue +17%, international connectivity revenue +10% and $20.4 $20.5 domestic broadband revenue +2% (0.3%) Residential • Domestic resi
Slide 6: Content & Experiences
4Q 2024 4Q 2024 Revenue Adj. EBITDA Commentary Content & ($M) y/y % y/y % Experiences Revenue ($B) $12.1 • Results driven by lower attendance at our domestic parks and $11.5 $2,374 $838 around $35 million of pre-opening costs for our upcoming Epic Theme Parks +0.1% (3.9%) Universe theme park; Adj. E
Slide 7: Free Cash Flow & Capital Allocation Framework
Free Cash Flow & Capital Allocation Framework • Invest organically for growth Capital Allocation • Protect our strong balance sheet position; maintain investment grade credit ratings • Return capital to shareholders Consolidated Capital ($B)* Balance Sheet Statistics Return of Capital Full Year 2024
Slide 8: Appendix
AYA COMCAST APPENDIX
Slide 9: Free Cash Flow Generation
Free Cash Flow Generation Adjusted EBITDA to Free Cash Flow Walk FY 2024 ($B) Changes in Noncash share- Capital Software & Cash interest Adjusted EBITDA Cash taxes operating assets based compensation Free Cash Flow expenditures intangibles expense and liabilities and Other $38.1 ($12.2) ($2.9) ($3.7
Slide 10: Notes
NOTES Numerical information is presented on a rounded basis using actual amounts, unless otherwise noted. The change in Peacock paid subscribers is calculated using rounded paid subscriber amounts. Minor differences in totals and percentage calculations may exist due to rounding. We define Adjusted
Slide 11: 4Q 2024 in Photos
UPDATING TO XB10 4Q 2024 IN PHOTOS
Slide 12: Connectivity & Platforms: Nitel acquisition
Q1 2023 IN PHOTOS December 2024: Comcast Business Expands Enterprise Capabilities with Acquisition of Nitel. Comcast Business announced Connectivity it signed an agreement to acquire U.S. managed services provider Nitel. The acquisition will expand Comcast Business’ presence in connectivity, global
Slide 13: Connectivity & Platforms: Biggest Moments in Internet History
UPDATING TO XB10 Q1 2023 IN PHOTOS Connectivity December 2024: Eight of the 10 Biggest Moments in Internet History. Comcast recorded eight of the top 10 biggest moments in Internet history in Q4 2024, driven by Xfinity customers streaming live sports and downloading video games, as the shifting & Pl
Slide 14: Content & Experiences: Wicked Shatters Box Office Records
Q1 2023 IN PHOTOS November 2024: Wicked Shatters Box Office Records. Universal Pictures’ Wicked had an impressive box office debut of $163M, Content & becoming the top film globally on its opening weekend. Wicked has earned more than $700M to date at the worldwide box office and is the highest-gross
Slide 15: Content & Experiences: NBC Sports Most-Watched Year
Q1 2023 IN PHOTOS December 2024: NBC Sports Delivers Its Most-Watched Year Since 2016. It was a banner year for NBC Sports, with more than Content & 400B minutes (or more than 7B hours) consumed across NBCUniversal platforms. This included multiple milestones such as: three NFL playoff games in one
Slide 16: Comcast
St COMCAST