Comcast breakup run pushes CMCSA to 4.5x 2025 FCF
Comcast Corporation moved up on its breakup plan, but early trading shows the stock faces a cash-flow check, not a full rerating. Comcast closed at $24.22, up $1.02, putting its market cap around $86.5 billion. That move added about $3.6 billion to the company’s equity value based on the current share count. Comcast posted $19.24 billion in free cash flow for 2025, so shares are trading at roughly 4.5 times last year’s number. Full-year revenue landed at $123.71 billion with adjusted EBITDA at $37.38 billion, according to Comcast Corporation.