CMCSA vs ECHO: Comcast and EchoStar CORP compared
Comcast is the larger company, worth $86.6B, about 3.1 times EchoStar CORP.
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Comcast is the larger company, worth $86.6B, about 3.1 times EchoStar CORP.
- Comcast grew revenue faster over the last year (-0.2% vs -19.8%).
- Comcast keeps more of each dollar of revenue as operating profit (14.7% vs 2.2%).
- On earnings, EchoStar CORP is the cheaper stock (3.5x vs 7.7x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | CMCSA | ECHO |
|---|---|---|
| Market cap | $86.6B | $27.5B |
| Share price | $24.39 | $94.62 |
| Revenue (last fiscal year) | $123.7B | $15.0B |
| Free cash flow (last fiscal year) | $21.9B | -$1.1B |
| Revenue growth, last year | -0.2% | -19.8% |
| Revenue growth per year, last 5 fiscal years | +1.5% | -6.7% |
| Operating margin | 14.7% | 2.2% |
| Net margin | 9.2% | 81.3% |
| Return on equity | 12.2% | 58.4% |
| P/E (trailing) | 7.67x | 3.46x |
| Price / free cash flow | 4.40x | — |
| EV / EBITDA | 4.95x | 1.92x |
| FCF growth the price implies | -17.6% | — |
| Dividend yield | 5.4% | — |
| Debt / equity | 0.94x | 0.57x |
| Fundamental grade | C | C |
| Superinvestors holding it | 49 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Comcast
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $116.4B | $20.0B | 17.9% |
| 2022 | $121.4B | $15.8B | 11.6% |
| 2023 | $121.6B | $16.3B | 19.2% |
| 2024 | $123.7B | $15.5B | 18.8% |
| 2025 | $123.7B | $21.9B | 16.7% |
EchoStar CORP
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $19.8B | $3.0B | 17.3% |
| 2022 | $18.6B | $548M | 12.0% |
| 2023 | $17.0B | -$668M | -1.6% |
| 2024 | $15.8B | -$292M | -1.9% |
| 2025 | $15.0B | -$1.1B | -118.1% |
Where the revenue comes from
Comcast · by segments, 2025
EchoStar CORP · by segments, 2025
Questions
Which is bigger, Comcast or EchoStar CORP?
Comcast (CMCSA), at $86.6B against $27.5B.
Is CMCSA or ECHO cheaper?
By trailing P/E, EchoStar CORP (3.46x) is cheaper than Comcast (7.67x). A lower multiple can also mean the market expects less growth.
Which grows faster, CMCSA or ECHO?
Comcast: revenue grew -0.2% over the last year, against -19.8%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.