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Walt Disney (DIS) Financials

Walt Disney logo
$112.32 +2.60 (+2.37%)
Closing price 05/27/2025 03:59 PM Eastern
Extended Trading
$112.32 +0.00 (+0.00%)
As of 06:08 AM Eastern
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Annual Income Statements for Walt Disney

Annual Income Statements for Walt Disney

This table shows Walt Disney's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/28/2024 9/30/2023 10/1/2022 10/2/2021 10/3/2020 9/28/2019 9/29/2018 9/30/2017 10/1/2016 10/3/2015
Net Income / (Loss) Attributable to Common Shareholders
4,972 2,354 3,145 1,995 -2,864 11,054 12,598 8,980 9,391 8,382
Consolidated Net Income / (Loss)
5,773 3,390 3,505 2,507 -2,474 11,584 13,066 9,366 9,790 8,852
Net Income / (Loss) Continuing Operations
5,773 3,390 3,553 2,536 -2,442 10,897 13,066 9,366 9,790 8,852
Total Pre-Tax Income
7,569 4,769 5,285 2,561 -1,743 13,923 14,729 13,788 14,868 13,868
Total Operating Income
11,914 8,992 6,770 3,659 -1,941 10,647 14,804 13,775 14,202 13,171
Total Gross Profit
32,663 29,697 28,321 22,287 21,508 27,546 26,708 24,831 25,639 24,101
Total Revenue
91,361 88,898 82,722 67,418 65,388 69,607 59,434 55,137 55,632 52,465
Operating Revenue
91,361 88,898 82,722 67,418 65,388 69,607 59,434 55,137 55,632 52,465
Total Cost of Revenue
58,698 59,201 54,401 45,131 43,880 42,061 32,726 30,306 29,993 28,364
Operating Cost of Revenue
58,698 59,201 54,401 45,131 43,880 42,061 32,726 30,306 29,993 28,364
Total Operating Expenses
20,749 20,705 21,551 18,628 23,449 16,899 11,904 11,056 11,437 10,930
Selling, General & Admin Expense
15,759 15,336 16,388 13,517 12,369 11,549 8,860 8,176 8,754 8,523
Depreciation Expense
4,990 5,369 5,163 5,111 5,345 4,167 3,011 2,782 2,527 2,354
Total Other Income / (Expense), net
-4,345 -4,223 -1,485 -1,098 198 3,276 -75 13 666 697
Interest & Investment Income
-685 -427 -581 -645 -840 -1,081 -676 -65 666 697
Other Income / (Expense), net
-3,660 -3,796 -904 -453 1,038 4,357 601 78 0.00 0.00
Income Tax Expense
1,796 1,379 1,732 25 699 3,026 1,663 4,422 5,078 5,016
Net Income / (Loss) Discontinued Operations
0.00 0.00 -48 -29 -32 687 0.00 0.00 - -
Net Income / (Loss) Attributable to Noncontrolling Interest
801 1,036 360 512 390 530 468 386 399 470
Basic Earnings per Share
$2.72 $1.29 $1.73 $1.10 ($1.58) $6.68 $8.40 $5.73 $5.76 $4.95
Weighted Average Basic Shares Outstanding
1.83B 1.83B 1.82B 1.82B 1.81B 1.66B 1.50B 1.57B 1.63B 1.69B
Diluted Earnings per Share
$2.72 $1.29 $1.72 $1.09 ($1.58) $6.64 $8.36 $5.69 $5.73 $4.90
Weighted Average Diluted Shares Outstanding
1.83B 1.83B 1.83B 1.83B 1.81B 1.67B 1.51B 1.58B 1.64B 1.71B
Weighted Average Basic & Diluted Shares Outstanding
1.81B 1.83B 1.82B 3.64B 3.62B 1.80B 1.49B 1.57B 1.63B 1.69B

Quarterly Income Statements for Walt Disney

This table shows Walt Disney's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 3/29/2025 12/28/2024 9/28/2024 6/29/2024 3/30/2024 12/30/2023 9/30/2023 7/1/2023 4/1/2023 12/31/2022 10/1/2022
Net Income / (Loss) Attributable to Common Shareholders
3,275 2,554 460 2,621 -20 1,911 264 -460 1,271 1,279 162
Consolidated Net Income / (Loss)
3,401 2,644 564 2,842 216 2,151 694 -153 1,488 1,361 254
Net Income / (Loss) Continuing Operations
3,401 2,644 564 2,842 216 2,151 694 -153 1,488 1,361 254
Total Pre-Tax Income
3,087 3,660 948 3,093 657 2,871 1,007 -134 2,123 1,773 376
Total Operating Income
3,506 4,078 2,745 3,354 2,879 2,936 2,083 2,641 2,275 1,993 779
Total Gross Profit
8,811 9,284 8,344 8,446 7,911 7,962 7,513 7,859 7,199 7,126 6,592
Total Revenue
23,621 24,690 22,574 23,155 22,083 23,549 21,241 22,330 21,815 23,512 20,150
Operating Revenue
23,621 24,690 22,574 23,155 22,083 23,549 21,241 22,330 21,815 23,512 20,150
Total Cost of Revenue
14,810 15,406 14,230 14,709 14,172 15,587 13,728 14,471 14,616 16,386 13,558
Operating Cost of Revenue
14,810 15,406 14,230 14,709 14,172 15,587 13,728 14,471 14,616 16,386 13,558
Total Operating Expenses
5,305 5,206 5,599 5,092 5,032 5,026 5,430 5,218 4,924 5,133 5,813
Selling, General & Admin Expense
3,981 3,930 4,314 3,872 3,790 3,783 4,021 3,874 3,614 3,827 4,733
Depreciation Expense
1,324 1,276 1,285 1,220 1,242 1,243 1,409 1,344 1,310 1,306 1,317
Total Other Income / (Expense), net
-419 -418 -1,797 -261 -2,222 -65 -1,076 -2,775 -152 -220 -403
Interest & Investment Income
-310 -275 -254 -196 -170 -65 -55 -114 -149 -109 -229
Other Income / (Expense), net
-109 -143 -1,543 -65 -2,052 0.00 -1,021 -2,661 -3.00 -111 -174
Income Tax Expense
-314 1,016 384 251 441 720 313 19 635 412 122
Net Income / (Loss) Attributable to Noncontrolling Interest
126 90 104 221 236 240 430 307 217 82 92
Basic Earnings per Share
$1.81 $1.41 $0.25 $1.44 ($0.01) $1.04 $0.14 ($0.25) $0.70 $0.70 $0.09
Weighted Average Basic Shares Outstanding
1.81B 1.81B 1.83B 1.82B 1.83B 1.83B 1.83B 1.83B 1.83B 1.83B 1.82B
Diluted Earnings per Share
$1.81 $1.40 $0.26 $1.43 ($0.01) $1.04 $0.15 ($0.25) $0.69 $0.70 $0.09
Weighted Average Diluted Shares Outstanding
1.81B 1.82B 1.83B 1.83B 1.83B 1.84B 1.83B 1.83B 1.83B 1.83B 1.83B
Weighted Average Basic & Diluted Shares Outstanding
1.80B 1.81B 1.81B 1.81B 1.82B 1.83B 1.83B 1.83B 1.83B 1.83B 1.82B

Annual Cash Flow Statements for Walt Disney

This table details how cash moves in and out of Walt Disney's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/28/2024 9/30/2023 10/1/2022 10/2/2021 10/3/2020 9/28/2019 9/29/2018 9/30/2017 10/1/2016 10/3/2015
Net Change in Cash & Equivalents
-8,133 2,574 -4,342 -1,951 12,499 674 91 -696 35 1,037
Net Cash From Operating Activities
13,971 9,866 6,002 5,566 7,616 5,984 14,295 12,343 13,136 11,385
Net Cash From Continuing Operating Activities
13,971 9,866 6,002 5,566 7,616 5,984 14,295 12,343 13,136 11,385
Net Income / (Loss) Continuing Operations
5,773 3,390 3,553 2,536 -2,442 10,897 13,066 9,366 9,790 8,852
Consolidated Net Income / (Loss)
5,773 3,390 3,553 2,536 -2,442 10,897 13,066 9,366 9,790 8,852
Depreciation Expense
4,990 5,369 5,163 5,111 5,345 4,167 3,011 2,782 2,527 2,354
Non-Cash Adjustments To Reconcile Net Income
4,596 4,184 3,069 26 4,961 -2,887 710 543 2,128 257
Changes in Operating Assets and Liabilities, net
-1,388 -3,077 -5,783 -2,107 -248 -6,193 -2,492 -348 -1,309 -78
Net Cash From Investing Activities
-6,881 -4,641 -5,008 -3,171 -3,850 -15,096 -5,336 -4,111 -5,758 -4,245
Net Cash From Continuing Investing Activities
-6,881 -4,641 -5,008 -3,171 -3,850 -15,096 -5,336 -4,111 -5,758 -4,245
Purchase of Property, Plant & Equipment
-5,412 -4,969 -4,943 -3,578 -4,022 -4,876 -4,465 -3,623 -4,773 -4,265
Acquisitions
-1,506 0.00 0.00 - - -9,901 -1,581 -417 -850 0.00
Sale and/or Maturity of Investments
105 458 52 337 - - - - - -
Other Investing Activities, net
-68 -130 -117 70 172 -319 710 -71 -135 20
Net Cash From Financing Activities
-15,288 -2,724 -4,729 -4,385 8,480 -1,090 -8,843 -8,959 -7,220 -5,801
Net Cash From Continuing Financing Activities
-15,288 -2,724 -4,729 -4,385 8,480 -464 -8,843 -8,959 -7,220 -5,801
Repayment of Debt
-3,993 -2,451 -5,136 -4,625 -8,358 -39,752 -4,416 -3,506 -3,732 -534
Repurchase of Common Equity
-2,992 0.00 0.00 - - - -3,577 -9,368 -7,499 -6,095
Payment of Dividends
-1,366 0.00 0.00 - -1,587 -2,895 -2,515 -2,445 -2,313 -3,063
Issuance of Debt
1,664 -108 333 64 18,120 42,558 1,056 6,067 6,065 2,550
Issuance of Common Equity
9.00 735 74 91 - 737 399 17 0.00 1,012
Other Financing Activities, net
-8,610 -900 0.00 85 305 -1,112 210 276 259 329
Effect of Exchange Rate Changes
65 73 -603 30 38 -98 -25 31 -123 -302
Other Net Changes in Cash
0.00 0.00 -4.00 9.00 215 10,974 - - - -
Cash Interest Paid
2,134 2,110 1,685 1,892 1,559 1,142 631 466 395 314
Cash Income Taxes Paid
3,963 1,193 1,097 1,638 738 9,259 2,503 3,801 4,133 4,396

Quarterly Cash Flow Statements for Walt Disney

This table details how cash moves in and out of Walt Disney's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 3/29/2025 12/28/2024 9/28/2024 6/29/2024 3/30/2024 12/30/2023 9/30/2023 7/1/2023 4/1/2023 12/31/2022 10/1/2022
Net Change in Cash & Equivalents
376 -520 53 -677 -521 -6,988 2,722 1,060 1,937 -3,145 -1,343
Net Cash From Operating Activities
6,753 3,205 5,518 2,602 3,666 2,185 4,802 2,802 3,236 -974 2,524
Net Cash From Continuing Operating Activities
6,753 3,205 5,518 2,602 3,666 2,185 4,802 2,802 3,236 -974 2,524
Net Income / (Loss) Continuing Operations
3,401 2,644 564 2,842 216 2,151 694 -153 1,488 1,361 254
Consolidated Net Income / (Loss)
3,401 2,644 564 2,842 216 2,151 694 -153 1,488 1,361 254
Depreciation Expense
1,324 1,276 1,285 1,220 1,242 1,243 1,409 1,344 1,310 1,306 1,317
Non-Cash Adjustments To Reconcile Net Income
638 258 2,172 -261 2,469 216 2,327 1,608 172 77 104
Changes in Operating Assets and Liabilities, net
1,390 -973 1,497 -1,199 -261 -1,425 372 3.00 266 -3,718 849
Net Cash From Investing Activities
-1,898 -2,575 -1,978 -2,350 -1,307 -1,246 -1,382 -718 -1,249 -1,292 -1,136
Net Cash From Continuing Investing Activities
-1,898 -2,575 -1,978 -2,350 -1,307 -1,246 -1,382 -718 -1,249 -1,292 -1,136
Purchase of Property, Plant & Equipment
-1,862 -2,466 -1,489 -1,365 -1,259 -1,299 -1,374 -1,165 -1,249 -1,181 -1,148
Other Investing Activities, net
-36 -109 7.00 -80 -48 53 -8.00 -11 - -111 -1.00
Net Cash From Financing Activities
-4,556 -997 -3,566 -898 -2,818 -8,006 -597 -1,001 -83 -1,043 -2,482
Net Cash From Continuing Financing Activities
-4,556 -997 -3,566 -898 -2,818 -8,006 -597 -1,001 -83 -1,043 -2,482
Repayment of Debt
-2,829 -1,091 -3,821 667 -397 -442 -435 -828 -800 -388 -2,964
Repurchase of Common Equity
-991 -794 8,141 -1,522 -1,001 -8,610 900 - - -900 -
Issuance of Debt
169 888 1,532 -43 -871 1,046 -178 -714 717 67 456
Other Net Changes in Cash
77 -153 14 -31 -62 79 -174 -23 33 164 354

Annual Balance Sheets for Walt Disney

This table presents Walt Disney's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/28/2024 9/30/2023 10/1/2022 10/2/2021 10/3/2020 9/28/2019 9/29/2018 9/30/2017 10/1/2016 10/3/2015
Total Assets
196,219 205,579 203,631 203,609 201,549 193,984 98,598 95,789 92,033 88,182
Total Current Assets
25,241 32,763 29,098 33,657 35,251 28,124 16,825 15,889 16,966 16,758
Cash & Equivalents
6,002 14,182 11,615 15,959 17,914 5,418 4,150 4,017 4,610 4,269
Accounts Receivable
12,729 12,330 12,652 13,367 12,708 15,481 9,334 8,633 9,065 8,019
Inventories, net
4,119 1,963 3,632 3,514 1,583 1,649 2,706 2,651 2,598 2,741
Other Current Assets
2,391 4,288 1,199 817 3,046 5,576 635 588 693 962
Plant, Property, & Equipment, net
37,041 34,941 33,596 32,624 32,078 31,603 29,540 28,406 27,349 25,179
Plant, Property & Equipment, gross
82,547 77,551 72,952 70,544 67,595 64,018 60,304 57,443 54,198 50,023
Accumulated Depreciation
45,506 42,610 39,356 37,920 35,517 32,415 30,764 29,037 26,849 24,844
Total Noncurrent Assets
133,937 137,875 140,937 137,328 134,220 134,257 52,233 51,494 47,718 46,245
Long-Term Investments
4,459 3,080 3,218 3,935 3,903 3,224 2,899 3,202 4,280 2,643
Goodwill
73,326 77,067 77,897 78,071 77,689 80,293 31,269 31,426 27,810 27,826
Intangible Assets
10,739 13,061 14,837 17,115 19,173 23,215 14,700 14,476 13,288 13,355
Other Noncurrent Operating Assets
45,413 44,667 44,985 38,207 33,455 27,525 3,365 2,390 2,340 2,421
Total Liabilities & Shareholders' Equity
196,219 205,579 203,631 203,609 201,549 193,984 98,598 95,789 92,033 88,182
Total Liabilities
90,697 92,567 95,253 101,385 104,037 91,132 44,643 49,637 44,710 39,527
Total Current Liabilities
34,599 31,139 29,073 31,077 26,628 31,341 17,860 19,595 16,842 16,334
Short-Term Debt
6,845 4,330 3,070 5,866 5,711 8,857 3,790 6,172 3,687 4,563
Accounts Payable
21,070 20,671 20,213 20,894 16,801 17,762 9,479 8,855 9,130 7,844
Current Deferred Revenue
6,684 6,138 5,790 4,317 4,116 4,722 4,591 4,568 4,025 3,927
Total Noncurrent Liabilities
56,098 61,428 66,180 70,308 77,409 59,791 26,783 30,042 27,868 23,193
Long-Term Debt
38,970 42,101 45,299 48,540 52,917 38,129 17,084 19,119 16,483 12,773
Noncurrent Deferred & Payable Income Tax Liabilities
6,277 7,258 8,363 7,246 7,288 7,902 3,109 4,480 3,679 4,051
Other Noncurrent Operating Liabilities
10,851 12,069 12,518 14,522 17,204 13,760 6,590 6,443 7,706 6,369
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
105,522 103,957 98,879 93,011 88,263 93,889 52,832 45,004 47,323 48,655
Total Preferred & Common Equity
100,696 99,277 95,008 88,553 83,583 88,877 48,773 41,315 43,265 44,525
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
100,696 99,277 95,008 88,553 83,583 88,877 48,773 41,315 43,265 44,525
Common Stock
58,592 57,383 56,398 55,471 54,497 53,907 36,779 36,248 35,859 35,122
Retained Earnings
49,722 46,093 43,636 40,429 38,315 42,494 82,679 72,606 66,088 59,028
Treasury Stock
-3,919 -907 -907 -907 -907 -907 -67,588 -64,011 -54,703 -47,204
Accumulated Other Comprehensive Income / (Loss)
-3,699 -3,292 -4,119 -6,440 -8,322 -6,617 -3,097 -3,528 -3,979 -2,421
Noncontrolling Interest
4,826 4,680 3,871 4,458 4,680 5,012 4,059 3,689 4,058 4,130

Quarterly Balance Sheets for Walt Disney

This table presents Walt Disney's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 3/29/2025 12/28/2024 9/28/2024 6/29/2024 3/30/2024 12/30/2023 9/30/2023 7/1/2023 4/1/2023 12/31/2022 10/1/2022
Total Assets
195,833 197,046 196,219 197,772 195,110 197,774 205,579 203,783 204,858 202,124 203,631
Total Current Assets
22,735 23,667 25,241 25,493 24,636 25,971 32,763 30,174 28,263 26,912 29,098
Cash & Equivalents
5,852 5,486 6,002 5,954 6,635 7,192 14,182 11,458 10,399 8,470 11,615
Accounts Receivable
12,571 13,767 12,729 12,966 12,026 14,115 12,330 13,112 12,770 13,993 12,652
Inventories, net
1,999 3,175 4,119 1,984 3,869 3,363 1,963 4,269 3,720 3,130 3,632
Other Current Assets
2,313 1,239 2,391 4,589 2,106 1,301 4,288 1,335 1,374 1,319 1,199
Plant, Property, & Equipment, net
39,095 38,140 37,041 36,041 35,525 35,321 34,941 34,577 34,579 34,200 33,596
Plant, Property & Equipment, gross
86,627 84,038 82,547 80,761 79,590 78,896 77,551 76,689 76,031 74,841 72,952
Accumulated Depreciation
47,532 45,898 45,506 44,720 44,065 43,575 42,610 42,112 41,452 40,641 39,356
Total Noncurrent Assets
134,003 135,239 133,937 136,238 134,949 136,482 137,875 139,032 142,016 141,012 140,937
Long-Term Investments
8,794 8,902 4,459 4,632 3,007 3,084 3,080 3,062 3,387 3,169 3,218
Goodwill
73,313 73,312 73,326 73,914 73,914 77,066 77,067 77,881 77,878 77,867 77,897
Intangible Assets
10,006 10,372 10,739 11,107 11,474 12,639 13,061 13,478 13,887 14,347 14,837
Other Noncurrent Operating Assets
41,890 42,653 45,413 46,585 46,554 43,693 44,667 44,611 46,864 45,629 44,985
Total Liabilities & Shareholders' Equity
195,833 197,046 196,219 197,772 195,110 197,774 205,579 203,783 204,858 202,124 203,631
Total Liabilities
87,067 90,307 90,697 92,469 91,347 92,273 92,567 92,841 94,488 93,246 95,253
Total Current Liabilities
34,029 34,846 34,599 35,612 32,874 31,033 31,139 28,234 28,056 27,070 29,073
Short-Term Debt
6,446 6,620 6,845 8,060 6,789 6,087 4,330 2,645 3,452 3,249 3,070
Accounts Payable
20,729 21,635 21,070 20,216 18,798 18,676 20,671 19,115 18,591 18,149 20,213
Current Deferred Revenue
6,854 6,591 6,684 7,336 7,287 6,270 6,138 6,474 6,013 5,672 5,790
Total Noncurrent Liabilities
53,038 55,461 56,098 56,857 58,473 61,240 61,428 64,607 66,432 66,176 66,180
Long-Term Debt
36,443 38,688 38,970 39,524 39,510 41,603 42,101 44,544 45,066 45,128 45,299
Noncurrent Deferred & Payable Income Tax Liabilities
6,298 6,336 6,277 6,628 6,860 7,041 7,258 7,304 8,134 8,236 8,363
Other Noncurrent Operating Liabilities
10,297 10,437 10,851 10,705 12,103 12,596 12,069 12,759 13,232 12,812 12,518
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
108,766 106,739 105,522 105,303 103,763 105,501 103,957 102,056 101,556 100,135 98,879
Total Preferred & Common Equity
104,339 101,933 100,696 100,622 99,252 100,721 99,277 97,610 97,859 96,149 95,008
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
104,339 101,933 100,696 100,622 99,252 100,721 99,277 97,610 97,859 96,149 95,008
Common Stock
59,199 58,868 58,592 58,252 58,028 57,640 57,383 57,136 56,919 56,579 56,398
Retained Earnings
53,733 50,468 49,722 49,273 46,649 47,490 46,093 45,794 46,236 44,955 43,636
Treasury Stock
-5,716 -4,715 -3,919 -3,449 -1,916 -907 -907 -907 -907 -907 -907
Accumulated Other Comprehensive Income / (Loss)
-2,877 -2,688 -3,699 -3,454 -3,509 -3,502 -3,292 -4,413 -4,389 -4,478 -4,119
Noncontrolling Interest
4,427 4,806 4,826 4,681 4,511 4,780 4,680 4,446 3,697 3,986 3,871

Annual Metrics And Ratios for Walt Disney

This table displays calculated financial ratios and metrics derived from Walt Disney's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/28/2024 9/30/2023 10/1/2022 10/2/2021 10/3/2020 9/28/2019 9/29/2018 9/30/2017 10/1/2016 10/3/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
2.77% 7.47% 22.70% 3.10% -6.06% 17.12% 7.79% -0.89% 6.04% 7.48%
EBITDA Growth
25.36% -4.21% 32.61% 87.24% -76.83% 4.10% 10.71% -0.56% 7.76% 13.68%
EBIT Growth
58.85% -11.42% 82.97% 455.04% -106.02% -2.60% 11.20% -2.46% 7.83% 15.85%
NOPAT Growth
42.16% 40.44% 25.61% 366.67% -116.31% -36.55% 40.35% 0.06% 11.23% 12.83%
Net Income Growth
70.30% -3.28% 39.81% 201.33% -121.36% -11.34% 39.50% -4.33% 10.60% 10.59%
EPS Growth
110.85% -25.00% 57.80% 168.99% -123.80% -20.57% 46.92% -0.70% 16.94% 15.02%
Operating Cash Flow Growth
41.61% 64.38% 7.83% -26.92% 27.27% -58.14% 15.81% -6.04% 15.38% 16.41%
Free Cash Flow Firm Growth
69.67% 1,077.38% -151.78% -78.05% 108.47% -779.61% 156.32% -61.98% 58.92% -1.10%
Invested Capital Growth
-0.92% 0.19% 3.79% 1.80% -4.87% 108.32% 5.54% 9.59% -0.81% 3.91%
Revenue Q/Q Growth
1.48% 1.24% 1.99% 6.02% -6.32% 7.43% 2.64% -0.65% -0.66% 2.19%
EBITDA Q/Q Growth
0.12% 5.48% -10.14% 21.90% -28.06% 24.28% 5.05% -1.20% -1.06% 5.33%
EBIT Q/Q Growth
1.73% 9.64% -17.98% 94.07% -204.51% 27.52% 5.47% -1.57% -1.83% 6.23%
NOPAT Q/Q Growth
4.36% 16.62% -6.93% 124.64% 85.63% -9.39% 4.69% -1.08% 2.01% 1.71%
Net Income Q/Q Growth
-2.20% 14.92% -0.03% 54.47% -286.56% -9.49% 4.43% -0.29% 1.57% 1.33%
EPS Q/Q Growth
4.21% 4.88% 0.00% 75.81% -68.09% -16.27% 5.29% 0.35% 2.87% 1.66%
Operating Cash Flow Q/Q Growth
5.40% 30.02% -1.77% 20.97% 3.66% -29.09% 2.02% 0.40% -2.11% 6.54%
Free Cash Flow Firm Q/Q Growth
3.74% 95.38% -1,568.11% -53.38% 196.37% -0.98% 95.25% -61.99% 28.52% -17.04%
Invested Capital Q/Q Growth
-1.00% -1.00% 0.46% 0.29% -2.18% 0.10% 0.56% 7.47% -2.54% 0.80%
Profitability Metrics
- - - - - - - - - -
Gross Margin
35.75% 33.41% 34.24% 33.06% 32.89% 39.57% 44.94% 45.04% 46.09% 45.94%
EBITDA Margin
14.50% 11.88% 13.33% 12.34% 6.79% 27.54% 30.99% 30.17% 30.07% 29.59%
Operating Margin
13.04% 10.12% 8.18% 5.43% -2.97% 15.30% 24.91% 24.98% 25.53% 25.10%
EBIT Margin
9.03% 5.84% 7.09% 4.76% -1.38% 21.56% 25.92% 25.12% 25.53% 25.10%
Profit (Net Income) Margin
6.32% 3.81% 4.24% 3.72% -3.78% 16.64% 21.98% 16.99% 17.60% 16.87%
Tax Burden Percent
76.27% 71.08% 66.32% 97.89% 141.94% 83.20% 88.71% 67.93% 65.85% 63.83%
Interest Burden Percent
91.70% 91.78% 90.10% 79.88% 193.02% 92.80% 95.61% 99.53% 104.69% 105.29%
Effective Tax Rate
23.73% 28.92% 32.77% 0.98% 0.00% 21.73% 11.29% 32.07% 34.15% 36.17%
Return on Invested Capital (ROIC)
6.42% 4.50% 3.27% 2.67% -0.99% 7.98% 19.90% 15.24% 15.89% 14.50%
ROIC Less NNEP Spread (ROIC-NNEP)
-3.85% -5.07% 0.19% -0.46% -3.95% 20.44% 19.48% 15.30% 19.93% 19.16%
Return on Net Nonoperating Assets (RNNOA)
-1.14% -1.44% 0.06% -0.16% -1.48% 6.80% 6.21% 4.80% 4.51% 3.78%
Return on Equity (ROE)
5.28% 3.06% 3.33% 2.51% -2.47% 14.77% 26.10% 20.04% 20.40% 18.28%
Cash Return on Invested Capital (CROIC)
7.34% 4.31% -0.45% 0.89% 4.00% -62.29% 14.51% 6.08% 16.70% 10.67%
Operating Return on Assets (OROA)
4.11% 2.54% 2.88% 1.58% -0.46% 10.26% 15.85% 14.75% 15.76% 15.29%
Return on Assets (ROA)
2.87% 1.66% 1.72% 1.24% -1.25% 7.92% 13.44% 9.97% 10.86% 10.27%
Return on Common Equity (ROCE)
4.83% 2.69% 2.90% 2.16% -2.13% 12.97% 23.49% 18.13% 18.66% 16.90%
Return on Equity Simple (ROE_SIMPLE)
5.73% 3.41% 3.69% 2.83% -2.96% 13.03% 26.79% 22.67% 22.63% 19.88%
Net Operating Profit after Tax (NOPAT)
9,087 6,392 4,551 3,623 -1,359 8,333 13,133 9,357 9,351 8,407
NOPAT Margin
9.95% 7.19% 5.50% 5.37% -2.08% 11.97% 22.10% 16.97% 16.81% 16.02%
Net Nonoperating Expense Percent (NNEP)
10.27% 9.57% 3.08% 3.13% 2.97% -12.46% 0.42% -0.06% -4.04% -4.66%
Return On Investment Capital (ROIC_SIMPLE)
6.00% 4.25% 3.09% 2.46% -0.93% 5.92% 17.82% 13.31% 13.86% 12.74%
Cost of Revenue to Revenue
64.25% 66.59% 65.76% 66.94% 67.11% 60.43% 55.06% 54.96% 53.91% 54.06%
SG&A Expenses to Revenue
17.25% 17.25% 19.81% 20.05% 18.92% 16.59% 14.91% 14.83% 15.74% 16.25%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
22.71% 23.29% 26.05% 27.63% 35.86% 24.28% 20.03% 20.05% 20.56% 20.83%
Earnings before Interest and Taxes (EBIT)
8,254 5,196 5,866 3,206 -903 15,004 15,405 13,853 14,202 13,171
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
13,244 10,565 11,029 8,317 4,442 19,171 18,416 16,635 16,729 15,525
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.72 1.48 1.79 3.57 2.62 2.59 3.45 3.51 3.24 3.62
Price to Tangible Book Value (P/TBV)
10.42 16.01 74.70 0.00 0.00 0.00 60.06 0.00 64.65 48.14
Price to Revenue (P/Rev)
1.90 1.65 2.05 4.69 3.35 3.30 2.83 2.63 2.52 3.07
Price to Earnings (P/E)
34.87 62.23 54.01 158.36 0.00 20.80 13.37 16.15 14.92 19.21
Dividend Yield
0.78% 0.00% 0.00% 0.00% 1.45% 0.69% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
2.87% 1.61% 1.85% 0.63% 0.00% 4.81% 7.48% 6.19% 6.70% 5.21%
Enterprise Value to Invested Capital (EV/IC)
1.52 1.33 1.53 2.66 2.01 2.00 2.77 2.61 2.65 2.97
Enterprise Value to Revenue (EV/Rev)
2.34 2.13 2.62 5.40 4.12 4.05 3.15 3.05 2.79 3.35
Enterprise Value to EBITDA (EV/EBITDA)
16.12 17.93 19.66 43.78 60.67 14.72 10.18 10.09 9.29 11.31
Enterprise Value to EBIT (EV/EBIT)
25.87 36.45 36.95 113.57 0.00 18.81 12.17 12.12 10.94 13.33
Enterprise Value to NOPAT (EV/NOPAT)
23.50 29.63 47.63 100.49 0.00 33.86 14.27 17.94 16.62 20.88
Enterprise Value to Operating Cash Flow (EV/OCF)
15.28 19.20 36.12 65.42 35.39 47.16 13.11 13.60 11.83 15.42
Enterprise Value to Free Cash Flow (EV/FCFF)
20.55 30.92 0.00 300.85 48.87 0.00 19.57 44.94 15.82 28.39
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.43 0.41 0.45 0.53 0.60 0.46 0.39 0.55 0.43 0.36
Long-Term Debt to Equity
0.37 0.37 0.42 0.47 0.54 0.37 0.32 0.41 0.35 0.26
Financial Leverage
0.30 0.28 0.32 0.36 0.38 0.33 0.32 0.31 0.23 0.20
Leverage Ratio
1.84 1.85 1.93 2.03 1.97 1.87 1.94 2.01 1.88 1.78
Compound Leverage Factor
1.69 1.70 1.74 1.62 3.81 1.73 1.86 2.00 1.97 1.87
Debt to Total Capital
30.27% 29.12% 30.86% 34.74% 37.55% 31.36% 27.90% 35.40% 29.88% 26.27%
Short-Term Debt to Total Capital
4.52% 2.72% 1.96% 3.75% 3.66% 5.91% 5.06% 8.64% 5.46% 6.91%
Long-Term Debt to Total Capital
25.75% 26.41% 28.90% 30.99% 33.89% 25.45% 22.83% 26.76% 24.42% 19.36%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
3.19% 8.61% 8.53% 8.73% 8.92% 9.33% 6.93% 6.77% 6.01% 6.26%
Common Equity to Total Capital
66.54% 62.26% 60.61% 56.54% 53.53% 59.32% 65.18% 57.83% 64.10% 67.47%
Debt to EBITDA
3.46 4.39 4.39 6.54 13.20 2.45 1.13 1.52 1.21 1.12
Net Debt to EBITDA
2.67 2.76 3.04 4.15 8.29 2.00 0.75 1.09 0.67 0.67
Long-Term Debt to EBITDA
2.94 3.99 4.11 5.84 11.91 1.99 0.93 1.15 0.99 0.82
Debt to NOPAT
5.04 7.26 10.63 15.02 -43.15 5.64 1.59 2.70 2.16 2.06
Net Debt to NOPAT
3.89 4.56 7.37 9.53 -27.09 4.60 1.05 1.93 1.21 1.24
Long-Term Debt to NOPAT
4.29 6.59 9.95 13.40 -38.95 4.58 1.30 2.04 1.76 1.52
Altman Z-Score
2.05 1.79 1.87 2.55 1.89 2.41 4.54 3.82 4.00 4.47
Noncontrolling Interest Sharing Ratio
8.49% 12.24% 12.84% 13.82% 13.93% 12.22% 10.01% 9.52% 8.53% 7.59%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.73 1.05 1.00 1.08 1.32 0.90 0.94 0.81 1.01 1.03
Quick Ratio
0.54 0.85 0.83 0.94 1.15 0.67 0.76 0.65 0.81 0.75
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
10,392 6,125 -627 1,210 5,514 -65,083 9,577 3,736 9,827 6,184
Operating Cash Flow to CapEx
258.15% 198.55% 121.42% 155.56% 189.36% 122.72% 320.16% 340.68% 275.21% 266.94%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.45 0.43 0.41 0.33 0.33 0.48 0.61 0.59 0.62 0.61
Accounts Receivable Turnover
7.29 7.12 6.36 5.17 4.64 5.61 6.62 6.23 6.51 6.62
Inventory Turnover
19.30 21.16 15.23 17.71 27.15 19.32 12.22 11.55 11.24 10.55
Fixed Asset Turnover
2.54 2.59 2.50 2.08 2.05 2.28 2.05 1.98 2.12 2.16
Accounts Payable Turnover
2.81 2.90 2.65 2.39 2.54 3.09 3.57 3.37 3.53 3.67
Days Sales Outstanding (DSO)
50.06 51.29 57.40 70.58 78.68 65.06 55.17 58.58 56.04 55.10
Days Inventory Outstanding (DIO)
18.91 17.25 23.97 20.61 13.44 18.90 29.87 31.61 32.49 34.59
Days Payable Outstanding (DPO)
129.78 126.03 137.90 152.43 143.75 118.20 102.24 108.30 103.28 99.34
Cash Conversion Cycle (CCC)
-60.81 -57.50 -56.53 -61.23 -51.63 -34.24 -17.20 -18.12 -14.75 -9.64
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
140,876 142,181 141,914 136,736 134,323 141,196 67,780 64,224 58,603 59,079
Invested Capital Turnover
0.65 0.63 0.59 0.50 0.47 0.67 0.90 0.90 0.95 0.91
Increase / (Decrease) in Invested Capital
-1,305 267 5,178 2,413 -6,873 73,416 3,556 5,621 -476 2,223
Enterprise Value (EV)
213,534 189,398 216,777 364,113 269,493 282,192 187,422 167,895 155,425 175,538
Market Capitalization
173,354 146,494 169,871 315,930 218,753 229,873 168,415 144,986 140,087 160,984
Book Value per Share
$55.52 $54.26 $52.11 $48.73 $46.25 $49.34 $32.79 $26.77 $26.92 $26.38
Tangible Book Value per Share
$9.17 $5.00 $1.25 ($3.65) ($7.35) ($8.12) $1.89 ($2.97) $1.35 $1.98
Total Capital
151,337 159,443 156,747 156,630 156,140 149,838 74,829 71,443 67,493 65,991
Total Debt
45,815 46,431 48,369 54,406 58,628 46,986 20,874 25,291 20,170 17,336
Total Long-Term Debt
38,970 42,101 45,299 48,540 52,917 38,129 17,084 19,119 16,483 12,773
Net Debt
35,354 29,169 33,536 34,512 36,811 38,344 13,825 18,072 11,280 10,424
Capital Expenditures (CapEx)
5,412 4,969 4,943 3,578 4,022 4,876 4,465 3,623 4,773 4,265
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-8,515 -8,228 -8,520 -7,513 -3,580 222 -1,395 -1,551 -799 718
Debt-free Net Working Capital (DFNWC)
-2,513 5,954 3,095 8,446 14,334 5,640 2,755 2,466 3,811 4,987
Net Working Capital (NWC)
-9,358 1,624 25 2,580 8,623 -3,217 -1,035 -3,706 124 424
Net Nonoperating Expense (NNE)
3,314 3,002 1,046 1,116 1,115 -3,251 67 -8.83 -439 -445
Net Nonoperating Obligations (NNO)
35,354 29,169 33,536 34,512 36,811 38,344 13,825 18,072 11,280 10,424
Total Depreciation and Amortization (D&A)
4,990 5,369 5,163 5,111 5,345 4,167 3,011 2,782 2,527 2,354
Debt-free, Cash-free Net Working Capital to Revenue
-9.32% -9.26% -10.30% -11.14% -5.48% 0.32% -2.35% -2.81% -1.44% 1.37%
Debt-free Net Working Capital to Revenue
-2.75% 6.70% 3.74% 12.53% 21.92% 8.10% 4.64% 4.47% 6.85% 9.51%
Net Working Capital to Revenue
-10.24% 1.83% 0.03% 3.83% 13.19% -4.62% -1.74% -6.72% 0.22% 0.81%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$2.72 $1.29 $1.73 $1.10 ($1.58) $6.68 $8.40 $5.73 $5.76 $4.95
Adjusted Weighted Average Basic Shares Outstanding
1.83B 1.83B 1.82B 1.82B 1.81B 1.66B 1.50B 1.57B 1.63B 1.69B
Adjusted Diluted Earnings per Share
$2.72 $1.29 $1.72 $1.09 ($1.58) $6.64 $8.36 $5.69 $5.73 $4.90
Adjusted Weighted Average Diluted Shares Outstanding
1.83B 1.83B 1.83B 1.83B 1.81B 1.67B 1.51B 1.58B 1.64B 1.71B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $1.10 $0.00 $6.68 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
1.81B 1.83B 1.82B 1.82B 1.81B 1.80B 1.49B 1.51B 1.59B 1.65B
Normalized Net Operating Profit after Tax (NOPAT)
9,087 6,392 4,551 3,623 2,656 9,259 13,162 9,424 9,454 8,441
Normalized NOPAT Margin
9.95% 7.19% 5.50% 5.37% 4.06% 13.30% 22.15% 17.09% 16.99% 16.09%
Pre Tax Income Margin
8.28% 5.36% 6.39% 3.80% -2.67% 20.00% 24.78% 25.01% 26.73% 26.43%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
23.66% 0.00% 0.00% 0.00% -64.15% 24.99% 19.25% 26.11% 23.63% 34.60%
Augmented Payout Ratio
75.49% 0.00% 0.00% 0.00% -64.15% 24.99% 46.62% 126.13% 100.22% 103.46%

Quarterly Metrics And Ratios for Walt Disney

This table displays calculated financial ratios and metrics derived from Walt Disney's official financial filings.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 3/29/2025 12/28/2024 9/28/2024 6/29/2024 3/30/2024 12/30/2023 9/30/2023 7/1/2023 4/1/2023 12/31/2022 10/1/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
6.96% 4.85% 6.28% 3.69% 1.23% 0.16% 5.41% 3.84% 13.33% 7.76% 8.72%
EBITDA Growth
128.18% 24.69% 0.65% 240.56% -42.24% 31.09% 28.56% -62.64% 33.21% 0.13% -21.10%
EBIT Growth
310.76% 34.03% 13.18% 16,545.00% -63.60% 56.00% 75.54% -100.89% 82.20% 6.93% -47.89%
NOPAT Growth
308.09% 33.93% 13.76% 66.70% -40.64% 43.78% 172.79% 9.13% 109.49% -2.00% -48.65%
Net Income Growth
1,474.54% 22.92% -18.73% 1,957.52% -85.48% 58.05% 173.23% -110.19% 149.25% 18.14% -0.39%
EPS Growth
18,200.00% 34.62% 73.33% 672.00% -101.45% 48.57% 66.67% -132.47% 165.38% 16.67% 0.00%
Operating Cash Flow Growth
84.21% 46.68% 14.91% -7.14% 13.29% 324.33% 90.25% 45.79% 83.34% -366.03% -4.10%
Free Cash Flow Firm Growth
29.23% 67.36% 151.43% 983.13% 237.30% 212.55% 125.12% 84.62% -17.00% -47.96% -235.11%
Invested Capital Growth
-2.43% -3.68% -0.92% -0.91% -3.23% -1.85% 0.19% 1.66% 4.08% 4.21% 3.79%
Revenue Q/Q Growth
-4.33% 9.37% -2.51% 4.85% -6.23% 10.87% -4.88% 2.36% -7.22% 16.68% -6.30%
EBITDA Q/Q Growth
-9.40% 109.53% -44.84% 117.93% -50.49% 69.12% 86.63% -63.04% 12.36% 65.87% -45.77%
EBIT Q/Q Growth
-13.67% 227.37% -63.45% 297.70% -71.83% 176.46% 5,410.00% -100.88% 20.72% 211.07% -73.16%
NOPAT Q/Q Growth
31.12% 80.39% -47.01% 225.59% -56.97% 53.23% -22.35% 15.94% 4.23% 190.72% -68.94%
Net Income Q/Q Growth
28.63% 368.79% -80.15% 1,215.74% -89.96% 209.94% 553.59% -110.28% 9.33% 435.83% -83.09%
EPS Q/Q Growth
29.29% 438.46% -81.82% 14,400.00% -100.96% 593.33% 160.00% -136.23% -1.43% 677.78% -88.31%
Operating Cash Flow Q/Q Growth
110.70% -41.92% 112.07% -29.02% 67.78% -54.50% 71.38% -13.41% 432.24% -138.59% 31.32%
Free Cash Flow Firm Q/Q Growth
-11.32% 179.16% -33.10% -21.97% 14.85% 319.38% 334.98% 87.87% 5.85% 6.40% -43.84%
Invested Capital Q/Q Growth
-0.47% -2.28% -1.00% 1.34% -1.75% 0.52% -1.00% -1.03% -0.35% 2.61% 0.46%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
37.30% 37.60% 36.96% 36.48% 35.82% 33.81% 35.37% 35.19% 33.00% 30.31% 32.71%
EBITDA Margin
19.99% 21.11% 11.02% 19.47% 9.37% 17.75% 11.63% 5.93% 16.42% 13.56% 9.54%
Operating Margin
14.84% 16.52% 12.16% 14.49% 13.04% 12.47% 9.81% 11.83% 10.43% 8.48% 3.87%
EBIT Margin
14.38% 15.94% 5.32% 14.20% 3.75% 12.47% 5.00% -0.09% 10.41% 8.00% 3.00%
Profit (Net Income) Margin
14.40% 10.71% 2.50% 12.27% 0.98% 9.13% 3.27% -0.69% 6.82% 5.79% 1.26%
Tax Burden Percent
110.17% 72.24% 59.49% 91.88% 32.88% 74.92% 68.92% 114.18% 70.09% 76.76% 67.55%
Interest Burden Percent
90.87% 93.01% 78.87% 94.04% 79.44% 97.79% 94.82% 670.00% 93.44% 94.21% 62.15%
Effective Tax Rate
-10.17% 27.76% 40.51% 8.12% 67.12% 25.08% 31.08% 0.00% 29.91% 23.24% 32.45%
Return on Invested Capital (ROIC)
11.09% 7.87% 4.67% 8.38% 2.68% 5.76% 4.23% 5.10% 4.47% 3.85% 1.55%
ROIC Less NNEP Spread (ROIC-NNEP)
9.66% 6.98% 1.36% 7.69% 0.63% 5.63% 1.86% -0.78% 4.17% 3.39% 0.75%
Return on Net Nonoperating Assets (RNNOA)
2.95% 2.25% 0.40% 2.48% 0.21% 1.95% 0.53% -0.24% 1.36% 1.16% 0.24%
Return on Equity (ROE)
14.04% 10.12% 5.07% 10.86% 2.89% 7.70% 4.76% 4.86% 5.83% 5.01% 1.79%
Cash Return on Invested Capital (CROIC)
11.10% 10.72% 7.34% 7.01% 8.16% 6.78% 4.31% 2.20% -0.24% -0.94% -0.45%
Operating Return on Assets (OROA)
6.92% 7.47% 2.42% 6.37% 1.67% 5.55% 2.17% -0.04% 4.45% 3.33% 1.22%
Return on Assets (ROA)
6.93% 5.02% 1.14% 5.50% 0.44% 4.06% 1.42% -0.30% 2.91% 2.41% 0.51%
Return on Common Equity (ROCE)
13.45% 9.66% 4.64% 9.96% 2.66% 7.08% 4.18% 4.26% 5.13% 4.39% 1.56%
Return on Equity Simple (ROE_SIMPLE)
9.06% 6.15% 0.00% 5.87% 2.93% 4.15% 0.00% 3.02% 4.71% 3.86% 0.00%
Net Operating Profit after Tax (NOPAT)
3,863 2,946 1,633 3,082 947 2,200 1,436 1,849 1,595 1,530 526
NOPAT Margin
16.35% 11.93% 7.23% 13.31% 4.29% 9.34% 6.76% 8.28% 7.31% 6.51% 2.61%
Net Nonoperating Expense Percent (NNEP)
1.42% 0.88% 3.31% 0.69% 2.05% 0.13% 2.37% 5.88% 0.30% 0.46% 0.80%
Return On Investment Capital (ROIC_SIMPLE)
2.55% 1.94% 1.08% 2.02% 0.63% 1.44% 0.95% 1.24% 1.06% 1.03% 0.36%
Cost of Revenue to Revenue
62.70% 62.40% 63.04% 63.52% 64.18% 66.19% 64.63% 64.81% 67.00% 69.69% 67.29%
SG&A Expenses to Revenue
16.85% 15.92% 19.11% 16.72% 17.16% 16.06% 18.93% 17.35% 16.57% 16.28% 23.49%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
22.46% 21.09% 24.80% 21.99% 22.79% 21.34% 25.56% 23.37% 22.57% 21.83% 28.85%
Earnings before Interest and Taxes (EBIT)
3,397 3,935 1,202 3,289 827 2,936 1,062 -20 2,272 1,882 605
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
4,721 5,211 2,487 4,509 2,069 4,179 2,471 1,324 3,582 3,188 1,922
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.70 1.98 1.72 1.78 2.24 1.63 1.48 1.65 1.85 1.63 1.79
Price to Tangible Book Value (P/TBV)
8.43 11.07 10.42 11.50 16.04 14.86 16.01 25.78 29.65 39.77 74.70
Price to Revenue (P/Rev)
1.89 2.18 1.90 1.99 2.49 1.84 1.65 1.84 2.08 1.85 2.05
Price to Earnings (P/E)
19.90 35.98 34.87 37.56 131.23 54.83 62.23 71.56 43.85 47.14 54.01
Dividend Yield
0.97% 0.85% 0.78% 0.30% 0.25% 0.34% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
5.03% 2.78% 2.87% 2.66% 0.76% 1.82% 1.61% 1.40% 2.28% 2.12% 1.85%
Enterprise Value to Invested Capital (EV/IC)
1.53 1.73 1.52 1.55 1.88 1.44 1.33 1.44 1.57 1.41 1.53
Enterprise Value to Revenue (EV/Rev)
2.23 2.57 2.34 2.46 2.96 2.32 2.13 2.36 2.62 2.44 2.62
Enterprise Value to EBITDA (EV/EBITDA)
12.40 16.65 16.12 16.71 26.25 17.82 17.93 20.68 18.63 18.41 19.66
Enterprise Value to EBIT (EV/EBIT)
17.76 25.69 25.87 27.24 54.86 32.95 36.45 43.71 32.50 34.40 36.95
Enterprise Value to NOPAT (EV/NOPAT)
17.52 24.29 23.50 25.39 37.85 29.09 29.63 37.80 42.53 45.35 47.63
Enterprise Value to Operating Cash Flow (EV/OCF)
11.61 15.86 15.28 16.68 19.59 15.81 19.20 27.30 33.98 39.33 36.12
Enterprise Value to Free Cash Flow (EV/FCFF)
13.64 15.80 20.55 22.07 22.63 21.06 30.92 66.08 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.39 0.42 0.43 0.45 0.45 0.45 0.41 0.43 0.44 0.44 0.45
Long-Term Debt to Equity
0.34 0.36 0.37 0.38 0.38 0.39 0.37 0.40 0.41 0.41 0.42
Financial Leverage
0.31 0.32 0.30 0.32 0.33 0.35 0.28 0.31 0.33 0.34 0.32
Leverage Ratio
1.84 1.86 1.84 1.86 1.87 1.87 1.85 1.88 1.90 1.91 1.93
Compound Leverage Factor
1.67 1.73 1.45 1.75 1.48 1.82 1.75 12.60 1.78 1.80 1.20
Debt to Total Capital
28.28% 29.80% 30.27% 31.12% 30.85% 31.13% 29.12% 29.84% 30.54% 30.76% 30.86%
Short-Term Debt to Total Capital
4.25% 4.35% 4.52% 5.27% 4.52% 3.97% 2.72% 1.67% 2.17% 2.07% 1.96%
Long-Term Debt to Total Capital
24.03% 25.44% 25.75% 25.85% 26.33% 27.16% 26.41% 28.17% 28.36% 28.70% 28.90%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
2.92% 3.16% 3.19% 3.06% 3.01% 3.12% 8.61% 8.43% 7.87% 8.09% 8.53%
Common Equity to Total Capital
68.80% 67.04% 66.54% 65.81% 66.14% 65.75% 62.26% 61.73% 61.59% 61.14% 60.61%
Debt to EBITDA
2.53 3.17 3.46 3.60 4.61 4.13 4.39 4.71 3.97 4.32 4.39
Net Debt to EBITDA
1.67 2.17 2.67 2.80 3.65 3.24 2.76 3.26 2.84 3.28 3.04
Long-Term Debt to EBITDA
2.15 2.71 2.94 2.99 3.93 3.60 3.99 4.45 3.68 4.03 4.11
Debt to NOPAT
3.58 4.63 5.04 5.46 6.65 6.74 7.26 8.61 9.05 10.65 10.63
Net Debt to NOPAT
2.36 3.16 3.89 4.25 5.26 5.29 4.56 5.96 6.48 8.09 7.37
Long-Term Debt to NOPAT
3.04 3.95 4.29 4.54 5.67 5.88 6.59 8.13 8.41 9.94 9.95
Altman Z-Score
2.07 2.17 1.93 1.96 2.22 1.87 1.72 1.80 1.93 1.77 1.79
Noncontrolling Interest Sharing Ratio
4.21% 4.52% 8.49% 8.33% 7.95% 8.17% 12.24% 12.31% 12.08% 12.45% 12.84%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.67 0.68 0.73 0.72 0.75 0.84 1.05 1.07 1.01 0.99 1.00
Quick Ratio
0.54 0.55 0.54 0.53 0.57 0.69 0.85 0.87 0.83 0.83 0.83
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
7,274 8,202 2,938 4,392 5,629 4,901 1,169 -497 -4,099 -4,354 -4,652
Operating Cash Flow to CapEx
362.67% 129.97% 370.58% 190.62% 291.18% 168.21% 349.49% 240.52% 259.09% -82.47% 219.86%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.48 0.47 0.45 0.45 0.45 0.44 0.43 0.43 0.43 0.42 0.41
Accounts Receivable Turnover
7.65 6.64 7.29 6.90 7.20 6.33 7.12 6.55 6.56 5.85 6.36
Inventory Turnover
20.16 17.90 19.30 18.61 15.27 17.99 21.16 20.15 22.63 25.13 15.23
Fixed Asset Turnover
2.52 2.52 2.54 2.55 2.54 2.56 2.59 2.58 2.58 2.52 2.50
Accounts Payable Turnover
2.99 2.90 2.81 2.96 3.10 3.17 2.90 2.95 3.04 3.05 2.65
Days Sales Outstanding (DSO)
47.73 55.01 50.06 52.86 50.73 57.68 51.29 55.70 55.63 62.43 57.40
Days Inventory Outstanding (DIO)
18.10 20.39 18.91 19.61 23.90 20.29 17.25 18.11 16.13 14.53 23.97
Days Payable Outstanding (DPO)
121.95 125.72 129.78 123.34 117.73 115.07 126.03 123.58 119.89 119.65 137.90
Cash Conversion Cycle (CCC)
-56.11 -50.32 -60.81 -50.87 -43.11 -37.10 -57.50 -49.77 -48.12 -42.69 -56.53
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
137,009 137,659 140,876 142,301 140,420 142,915 142,181 143,611 145,102 145,616 141,914
Invested Capital Turnover
0.68 0.66 0.65 0.63 0.62 0.62 0.63 0.62 0.61 0.59 0.59
Increase / (Decrease) in Invested Capital
-3,411 -5,256 -1,305 -1,310 -4,682 -2,701 267 2,346 5,694 5,884 5,178
Enterprise Value (EV)
209,960 237,736 213,534 221,063 263,597 205,921 189,398 207,152 227,929 205,967 216,777
Market Capitalization
177,290 202,010 173,354 179,384 222,429 163,727 146,494 161,151 180,686 156,500 169,871
Book Value per Share
$57.72 $56.29 $55.52 $55.19 $54.11 $54.98 $54.26 $53.42 $53.57 $52.73 $52.11
Tangible Book Value per Share
$11.63 $10.08 $9.17 $8.56 $7.56 $6.01 $5.00 $3.42 $3.34 $2.16 $1.25
Total Capital
151,655 152,047 151,337 152,887 150,062 153,191 159,443 158,131 158,888 157,255 156,747
Total Debt
42,889 45,308 45,815 47,584 46,299 47,690 46,431 47,189 48,518 48,377 48,369
Total Long-Term Debt
36,443 38,688 38,970 39,524 39,510 41,603 42,101 44,544 45,066 45,128 45,299
Net Debt
28,243 30,920 35,354 36,998 36,657 37,414 29,169 32,669 34,732 36,738 33,536
Capital Expenditures (CapEx)
1,862 2,466 1,489 1,365 1,259 1,299 1,374 1,165 1,249 1,181 1,148
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-10,700 -10,045 -8,515 -8,013 -8,084 -6,167 -8,228 -6,873 -6,740 -5,379 -8,520
Debt-free Net Working Capital (DFNWC)
-4,848 -4,559 -2,513 -2,059 -1,449 1,025 5,954 4,585 3,659 3,091 3,095
Net Working Capital (NWC)
-11,294 -11,179 -9,358 -10,119 -8,238 -5,062 1,624 1,940 207 -158 25
Net Nonoperating Expense (NNE)
462 302 1,069 240 731 49 742 2,002 107 169 272
Net Nonoperating Obligations (NNO)
28,243 30,920 35,354 36,998 36,657 37,414 29,169 32,669 34,732 36,738 33,536
Total Depreciation and Amortization (D&A)
1,324 1,276 1,285 1,220 1,242 1,243 1,409 1,344 1,310 1,306 1,317
Debt-free, Cash-free Net Working Capital to Revenue
-11.38% -10.86% -9.32% -8.90% -9.06% -6.93% -9.26% -7.83% -7.75% -6.37% -10.30%
Debt-free Net Working Capital to Revenue
-5.16% -4.93% -2.75% -2.29% -1.62% 1.15% 6.70% 5.22% 4.21% 3.66% 3.74%
Net Working Capital to Revenue
-12.01% -12.09% -10.24% -11.24% -9.24% -5.69% 1.83% 2.21% 0.24% -0.19% 0.03%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.81 $1.41 $0.25 $1.44 ($0.01) $1.04 $0.14 ($0.25) $0.70 $0.70 $0.09
Adjusted Weighted Average Basic Shares Outstanding
1.81B 1.81B 1.83B 1.82B 1.83B 1.83B 1.83B 1.83B 1.83B 1.83B 1.82B
Adjusted Diluted Earnings per Share
$1.81 $1.40 $0.26 $1.43 ($0.01) $1.04 $0.15 ($0.25) $0.69 $0.70 $0.09
Adjusted Weighted Average Diluted Shares Outstanding
1.81B 1.82B 1.83B 1.83B 1.83B 1.84B 1.83B 1.83B 1.83B 1.83B 1.83B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
1.80B 1.81B 1.81B 1.81B 1.82B 1.83B 1.83B 1.83B 1.83B 1.83B 1.82B
Normalized Net Operating Profit after Tax (NOPAT)
2,454 2,946 1,633 3,082 2,015 2,200 1,436 1,849 1,595 1,530 526
Normalized NOPAT Margin
10.39% 11.93% 7.23% 13.31% 9.13% 9.34% 6.76% 8.28% 7.31% 6.51% 2.61%
Pre Tax Income Margin
13.07% 14.82% 4.20% 13.36% 2.98% 12.19% 4.74% -0.60% 9.73% 7.54% 1.87%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
18.22% 0.00% 23.66% 9.30% 18.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-32.93% -76.99% 75.49% 182.65% 318.43% 184.45% 0.00% 30.51% 19.54% 24.23% 0.00%

Frequently Asked Questions About Walt Disney's Financials

When does Walt Disney's fiscal year end?

According to the most recent income statement we have on file, Walt Disney's financial year ends in September. Their financial year 2024 ended on September 28, 2024.

How has Walt Disney's net income changed over the last 9 years?

Walt Disney's net income appears to be on a downward trend, with a most recent value of $5.77 billion in 2024, falling from $8.85 billion in 2015. The previous period was $3.39 billion in 2023. View Walt Disney's forecast to see where analysts expect Walt Disney to go next.

What is Walt Disney's operating income?
Walt Disney's total operating income in 2024 was $11.91 billion, based on the following breakdown:
  • Total Gross Profit: $32.66 billion
  • Total Operating Expenses: $20.75 billion
How has Walt Disney revenue changed over the last 9 years?

Over the last 9 years, Walt Disney's total revenue changed from $52.47 billion in 2015 to $91.36 billion in 2024, a change of 74.1%.

How much debt does Walt Disney have?

Walt Disney's total liabilities were at $90.70 billion at the end of 2024, a 2.0% decrease from 2023, and a 129.5% increase since 2015.

How much cash does Walt Disney have?

In the past 9 years, Walt Disney's cash and equivalents has ranged from $4.02 billion in 2017 to $17.91 billion in 2020, and is currently $6.00 billion as of their latest financial filing in 2024.

How has Walt Disney's book value per share changed over the last 9 years?

Over the last 9 years, Walt Disney's book value per share changed from 26.38 in 2015 to 55.52 in 2024, a change of 110.5%.



This page (NYSE:DIS) was last updated on 5/28/2025 by MarketBeat.com Staff
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