Walt Disney Co. (NYSE:DIS)

The financial data reveals significant fluctuations in net income (loss) over the analyzed periods. Starting with a high net income of $11,584 million in 2019, the figure sharply declined to a loss of $2,474 million in 2020, likely reflecting adverse conditions. A recovery trend followed with net income rising to $2,507 million in 2021, increasing further to $3,505 million in 2022, a slight decrease in 2023 to $3,390 million, and a notable increase in 2024 reaching $5,773 million. This pattern indicates volatility with an overall positive trajectory in the most recent year.

Market Value Adjustments, Primarily for Hedges

This category shows considerable variability without a clear trend, fluctuating between negative and positive values. The most significant negative adjustments occurred in 2020 (-$251 million) and recent years in 2023 and 2024 (-$430 million and -$443 million respectively). A noteworthy positive spike appeared in 2022 ($735 million).

Pension and Postretirement Medical Plan Adjustments

These adjustments exhibit a transition from significant negative values in 2019 (-$2,446 million) and 2020 (-$1,476 million) to substantial positive values in 2021 ($1,850 million) and 2022 ($2,503 million). Subsequently, values decreased in 2023 ($1,214 million) and turned slightly negative in 2024 (-$57 million). This pattern suggests that pension-related liabilities or assumptions have been volatile, impacting comprehensive income variably across years.

Foreign Currency Transaction and Other

The data reflects inconsistent changes, with occasional positive and negative impacts. Positive contributions were recorded in 2020 ($115 million), 2021 ($77 million), and 2024 ($177 million), while negative adjustments occurred in 2019 (-$396 million) and 2022 (-$1,060 million). The volatility indicates sensitivity to currency fluctuations and other factors in different periods.

Other Comprehensive Income (Loss), Net of Tax

This line item mirrors the pension and foreign currency adjustment trends, showing negative values in 2019 (-$2,879 million) and 2020 (-$1,612 million), a reversal to positive values in 2021 ($1,968 million) and 2022 ($2,178 million), followed by a decrease in 2023 ($794 million) and turning negative again in 2024 (-$323 million). The oscillation underscores the impact of various comprehensive income components affecting overall financial performance.

Comprehensive Income (Loss)

Comprehensive income presents considerable swings from a positive $8,705 million in 2019 to a loss of $4,086 million in 2020. It then rebounds to $4,475 million in 2021, continues to rise in 2022 ($5,683 million), dips in 2023 to $4,184 million, and increases again in 2024 to $5,450 million. The pattern generally follows net income trends, influenced by other comprehensive income elements.

Comprehensive Income Attributable to Noncontrolling Interests

This component remains negative throughout the period, with the least negative impact in 2022 (-$217 million) and the most substantial negatives in 2019 (-$465 million) and 2023 (-$1,003 million). The fluctuation suggests varying contributions or losses attributed to minority interests over time.

Comprehensive Income (Loss) Attributable to Disney

The comprehensive income attributable directly to the company mirrors overall trends, showing a decrease from $8,240 million in 2019 to a loss of $4,569 million in 2020. A recovery phase ensued with increases to $3,877 million in 2021 and up to $5,466 million in 2022. The figure declined in 2023 to $3,181 million before rising again to $4,565 million in 2024, demonstrating resilience after periods of setbacks.