Stock Analysis on Net
Stock Analysis on Net

Walt Disney Co. (NYSE:DIS)

Common-Size Income Statement
Quarterly Data

Walt Disney Co., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Dec 30, 2023 Sep 30, 2023 Jul 1, 2023 Apr 1, 2023 Dec 31, 2022 Oct 1, 2022 Jul 2, 2022 Apr 2, 2022 Jan 1, 2022 Oct 2, 2021 Jul 3, 2021 Apr 3, 2021 Jan 2, 2021 Oct 3, 2020 Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017
Services 89.07 89.31 89.60 89.78 89.30 89.26 90.50 89.42 89.56 90.59 91.56 93.01 91.52 93.47 95.38 89.82 86.67 87.16 89.02 87.16 84.08 85.43 86.30 86.06 84.58
Products 10.93 10.69 10.40 10.22 10.70 10.74 9.50 10.58 10.44 9.41 8.44 6.99 8.48 6.53 4.62 10.18 13.33 12.84 10.98 12.84 15.92 14.57 13.70 13.94 15.42
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of services, exclusive of depreciation and amortization -59.12 -57.55 -58.10 -60.33 -62.87 -59.89 -57.68 -58.86 -60.32 -60.47 -60.22 -57.21 -66.08 -68.80 -61.20 -59.27 -54.58 -53.79 -56.53 -48.03 -49.43 -47.29 -46.78 -43.33 -47.78
Cost of products, exclusive of depreciation and amortization -7.07 -7.08 -6.70 -6.67 -6.83 -7.40 -5.94 -6.57 -6.44 -6.11 -5.77 -5.44 -6.38 -6.08 -5.83 -6.96 -7.85 -8.10 -6.79 -8.10 -9.39 -9.38 -8.04 -8.45 -9.14
Cost of revenues, exclusive of depreciation and amortization -66.19% -64.63% -64.81% -67.00% -69.69% -67.29% -63.63% -65.43% -66.76% -66.59% -65.99% -62.65% -72.47% -74.88% -67.03% -66.22% -62.43% -61.90% -63.32% -56.13% -58.82% -56.67% -54.82% -51.78% -56.91%
Gross profit 33.81% 35.37% 35.19% 33.00% 30.31% 32.71% 36.37% 34.57% 33.24% 33.41% 34.01% 37.35% 27.53% 25.12% 32.97% 33.78% 37.57% 38.10% 36.68% 43.87% 41.18% 43.33% 45.18% 48.22% 43.09%
Selling, general, administrative and other -16.06 -18.93 -17.35 -16.57 -16.28 -23.49 -19.07 -19.58 -17.36 -23.30 -18.61 -19.94 -17.95 -19.12 -20.84 -18.82 -17.77 -19.37 -16.61 -15.59 -14.06 -16.23 -14.53 -15.45 -13.54
Depreciation and amortization -5.28 -6.63 -6.02 -6.01 -5.55 -6.54 -6.00 -6.69 -5.82 -6.88 -7.44 -8.15 -7.99 -9.08 -11.69 -7.40 -6.22 -6.79 -6.44 -5.55 -4.78 -5.55 -4.89 -5.02 -4.83
Restructuring and impairment charges 0.00 -4.81 -11.87 -0.70 -0.29 0.00 -0.20 -1.01 0.00 -0.50 -0.21 -2.65 -0.70 -2.67 -42.85 -0.80 -0.72 -1.64 -1.02 -4.44 0.00 -0.03 0.00 -0.09 -0.10
Operating income (loss) 12.47% 5.00% -0.04% 9.73% 8.18% 2.69% 11.11% 7.30% 10.06% 2.74% 7.75% 6.61% 0.90% -5.75% -42.41% 6.75% 12.86% 10.30% 12.61% 18.29% 22.34% 21.51% 25.77% 27.66% 24.61%
Other income (expense), net 0.00 0.00 -0.05 0.68 -0.18 0.31 -0.63 -0.82 -2.00 -0.07 -0.53 1.95 0.00 4.46 3.24 0.00 0.00 -2.53 -0.61 33.26 0.00 3.54 0.00 0.28 0.35
Interest expense, net -1.04 -1.33 -1.37 -1.48 -1.28 -1.84 -1.67 -1.84 -1.43 -1.71 -2.61 -2.05 -1.99 -3.37 -3.50 -1.66 -1.36 -1.89 -2.03 -0.96 -0.41 -1.11 -0.94 -0.98 -0.84
Equity in the income (loss) of investees 0.77 1.07 0.86 0.79 0.81 0.70 1.05 1.09 1.10 0.61 1.24 1.36 1.38 0.72 1.58 0.75 1.07 0.70 0.00 -2.09 0.50 -1.57 0.48 0.04 0.28
Income (loss) from continuing operations before income taxes 12.19% 4.74% -0.60% 9.73% 7.54% 1.87% 9.85% 5.72% 7.74% 1.56% 5.85% 7.88% 0.28% -3.94% -41.09% 5.83% 12.58% 6.59% 9.97% 48.50% 22.42% 22.38% 25.31% 27.00% 24.40%
Income taxes on continuing operations -3.06 -1.47 -0.09 -2.91 -1.75 -0.61 -2.87 -2.62 -2.24 -0.18 0.78 -0.69 -0.10 -0.33 2.81 -2.90 -2.19 -1.80 -1.95 -11.04 -4.21 -5.47 -5.22 -5.59 4.74
Net income (loss) from continuing operations 9.13% 3.27% -0.69% 6.82% 5.79% 1.26% 6.98% 3.10% 5.50% 1.38% 6.63% 7.19% 0.18% -4.28% -38.28% 2.93% 10.38% 4.79% 8.02% 37.46% 18.21% 16.91% 20.09% 21.41% 29.14%
Income (loss) from discontinued operations, net of income tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.22 -0.01 -0.03 -0.07 -0.07 0.00 -0.03 -0.04 -0.10 1.52 1.77 0.14 0.00 0.00 0.00 0.00 0.00
Net income (loss) 9.13% 3.27% -0.69% 6.82% 5.79% 1.26% 6.98% 3.10% 5.28% 1.38% 6.60% 7.12% 0.11% -4.28% -38.31% 2.88% 10.28% 6.31% 9.79% 37.60% 18.21% 16.91% 20.09% 21.41% 29.14%
Net (income) loss attributable to noncontrolling interests -1.02 -2.02 -1.37 -0.99 -0.35 -0.46 -0.43 -0.66 -0.22 -0.52 -1.20 -1.35 -0.01 -0.55 -1.77 -0.33 -0.19 -0.79 -1.10 -1.07 0.01 -0.68 -0.94 -1.22 -0.33
Net income (loss) attributable to Disney 8.11% 1.24% -2.06% 5.83% 5.44% 0.80% 6.55% 2.44% 5.06% 0.86% 5.39% 5.77% 0.10% -4.83% -40.08% 2.55% 10.09% 5.52% 8.69% 36.54% 18.22% 16.23% 19.15% 20.19% 28.81%

Based on: 10-Q (reporting date: 2023-12-30), 10-K (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-Q (reporting date: 2022-12-31), 10-K (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-K (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-Q (reporting date: 2021-01-02), 10-K (reporting date: 2020-10-03), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-K (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-K (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-30).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Walt Disney Co. operating income (loss) as a percentage of revenues increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Walt Disney Co. income (loss) from continuing operations before income taxes as a percentage of revenues increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Net income (loss) attributable to Disney The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Walt Disney Co. net income (loss) attributable to Disney as a percentage of revenues increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.