undamentalytics Newsletter

Communication Services stocks

213 US-listed companies in the communication services sector reported $1.82tn of revenue in their latest fiscal years. Alphabet Inc. (Class A) is the largest, with $402.8bn. Among companies with at least $100m of revenue, the median grew 2.5% and kept 2.2% of revenue as net income.

Companies213
Combined revenue$1.82tn
Median revenue growth2.5%
Median net margin2.2%
Median return on equity4.5%

Largest communication services companies

#CompanyRevenueGrowthNet marginROEFiscal year
1 Alphabet Inc. (Class A)GOOGL $402.8bn 15.1% 32.8% 35.7% 2025
2 Meta PlatformsMETA $201.0bn 22.2% 30.1% 30.2% 2025
3 VerizonVZ $138.2bn 2.5% 12.4% 16.6% 2025
4 AT&TT $125.6bn 2.7% 17.5% 17.9% 2025
5 ComcastCMCSA $123.7bn −0.0% 16.2% 21.9% 2025
6 The Walt Disney CompanyDIS $94.4bn 3.4% 13.1% 11.8% 2025
7 T-Mobile USTMUS $88.3bn 8.5% 12.4% 18.2% 2025
8 Charter CommunicationsCHTR $54.8bn −0.6% 9.1% 31.5% 2025
9 America Movil SAB DE Cv/AMX $49.2bn 3.1% 8.8% 22.9% 2025
10 Vodafone Group Public LTD CoVOD $46.9bn 16.6% −1.0% −0.8% 2026
11 NetflixNFLX $45.2bn 15.9% 24.3% 42.8% 2025
12 Live Nation EntertainmentLYV $25.2bn 8.8% 2.0% — 2025
13 Sea LtdSE $22.9bn 36.4% 6.9% 15.1% 2025
14 Spotify Technology S.a.SPOT $19.4bn 14.6% 12.9% 32.3% 2025
15 Baidu, Inc.BIDU $18.0bn −2.9% 4.3% 2.1% 2025
16 WPP plcWPP $17.9bn −5.1% −1.6% −7.3% 2025
17 BCE IncBCE $17.5bn −1.7% 26.6% 32.6% 2025
18 Omnicom GroupOMC $17.3bn 10.1% −0.3% −0.7% 2025
19 Fox Corporation (Class A)FOXA $17.1bn 5.1% 9.8% 14.3% 2026
20 Netease, Inc.NTES $15.7bn 7.1% 30.0% 22.4% 2025
21 EchoStarECHO $15.0bn −5.2% −96.6% −111.7% 2025
22 Telus CorpTU $14.7bn −1.4% 5.4% 7.1% 2025
23 Lumen Technologies, Inc.LUMN $12.4bn −5.4% −14.0% — 2025
24 News Corp (Class A)NWSA $9.0bn 6.8% 6.3% 6.6% 2026
25 Optimum Communications, Inc.OPTU $8.6bn −4.1% −21.8% — 2025

Industries in communication services

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.