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Comcast vs Walt Disney (CMCSA vs DIS)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Comcast is the larger company by revenue ($123.7B vs $94.4B). Walt Disney carries the larger market value ($183.4B vs $93.3B). Walt Disney has grown revenue faster over the last 4 fiscal years (+40.1% cumulative vs +6.3%). Walt Disney runs the higher operating margin (18.6% vs 16.7%). Comcast trades at the lower trailing P/E (8.4x vs 22.2x).

About Comcast

Comcast is a global media and technology company that provides broadband, wireless, video, and voice services primarily under the Xfinity, Comcast Business, Sky, and NOW brands. It serves residential and business customers in the United States, United Kingdom, and Italy with internet, video, and voice services, and also produces and distributes entertainment, sports, and news content through brands like NBC, Telemundo, Universal, Peacock, and Sky. Additionally, Comcast owns and operates Universal theme parks in the United States and Asia.

About Walt Disney

The Walt Disney Company is a global entertainment company operating in three main segments: Entertainment, Sports, and Experiences. Its Entertainment segment includes film and episodic content production and distribution, linear television networks such as ABC, Disney Channel, FX, and National Geographic, as well as direct-to-consumer streaming services like Disney+ and Hulu. The company serves a wide audience through its domestic and international TV channels, streaming platforms, theatrical distribution, and live entertainment events.

Head to head (CMCSA FY2025 vs DIS FY2025)

MetricCMCSAFY2025DISFY2025
Revenue$123.71B$94.42B
Revenue growth (YoY)-0.0%3.4%
Gross margin
Operating margin16.7%18.6%
Net margin16.2%13.1%
Net income$20.00B$12.40B
Diluted EPS$5.39$6.85
FCF margin17.7%10.7%
ROE20.6%10.8%
Long-term debt / equity0.96×0.31×
Market cap$93.33B$183.41B
P/E8.4×22.2×

Fundamentals are from each company’s SEC filings (CMCSA FY2025, DIS FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
CMCSA$116.39B$121.43B$121.57B$123.73B$123.71B
DIS$67.42B$82.72B$88.90B$91.36B$94.42B
Net incomeFY2021FY2022FY2023FY2024FY2025
CMCSA$14.16B$5.37B$15.39B$16.19B$20.00B
DIS$2.00B$3.15B$2.35B$4.97B$12.40B
Operating marginFY2021FY2022FY2023FY2024FY2025
CMCSA17.9%11.6%19.2%18.8%16.7%
DIS11.5%14.7%14.5%17.1%18.6%

Peer standing

Where each company ranks among the 216 Communication Services companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricCMCSADIS
Operating margin
16.7%84th percentile of 185
18.6%87th percentile of 185
Net margin
16.2%92nd percentile of 191
13.1%87th percentile of 191
FCF margin
17.7%82nd percentile of 164
10.7%70th percentile of 164
Revenue growth (YoY)
-0.0%37th percentile of 209
+3.4%51st percentile of 209
ROE
20.6%86th percentile of 165
10.8%72nd percentile of 165
P/E
8.4×13th percentile of 95
22.2×46th percentile of 95
Long-term debt / equity
0.96×59th percentile of 101
0.31×33rd percentile of 101
Short interest (days to cover)
3.11d47th percentile of 216
1.70d26th percentile of 216

Short interest

FINRA settlement dataCMCSADIS
Shares sold short75.5M18.9M
Change vs prior settlement+4.0%-2.8%
Days to cover3.111.70
As of settlement2026-08-142026-08-14

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 activity (codes P/S)CMCSADIS
Buys0
Sells2 ($1.1M)

Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.

Held by the same investors

12 tracked 13F managers hold both Comcast and Walt Disney as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Dodge & Cox, First Eagle Investment Management, Gotham Asset Management, Markel Group, Millennium Management, Point72 Asset Management, Two Sigma Investments, Yacktman Asset Management. See which superinvestors hold your own portfolio with the smart money checker.

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.