Net Profit Margin
since 2005
Calculation
Walt Disney Co., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to The Walt Disney Company (Disney)1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Sep 28, 2024 | 5.44% | = | 100 | × | 4,972) | ÷ | 91,361) |
| Sep 30, 2023 | 2.65% | = | 100 | × | 2,354) | ÷ | 88,898) |
| Oct 1, 2022 | 3.80% | = | 100 | × | 3,145) | ÷ | 82,722) |
| Oct 2, 2021 | 2.96% | = | 100 | × | 1,995) | ÷ | 67,418) |
| Oct 3, 2020 | -4.38% | = | 100 | × | (2,864) | ÷ | 65,388) |
| Sep 28, 2019 | 15.89% | = | 100 | × | 11,054) | ÷ | 69,570) |
| Sep 29, 2018 | 21.20% | = | 100 | × | 12,598) | ÷ | 59,434) |
| Sep 30, 2017 | 16.29% | = | 100 | × | 8,980) | ÷ | 55,137) |
| Oct 1, 2016 | 16.88% | = | 100 | × | 9,391) | ÷ | 55,632) |
| Oct 3, 2015 | 15.98% | = | 100 | × | 8,382) | ÷ | 52,465) |
| Sep 27, 2014 | 15.37% | = | 100 | × | 7,501) | ÷ | 48,813) |
| Sep 28, 2013 | 13.62% | = | 100 | × | 6,136) | ÷ | 45,041) |
| Sep 29, 2012 | 13.44% | = | 100 | × | 5,682) | ÷ | 42,278) |
| Oct 1, 2011 | 11.76% | = | 100 | × | 4,807) | ÷ | 40,893) |
| Oct 2, 2010 | 10.41% | = | 100 | × | 3,963) | ÷ | 38,063) |
| Oct 3, 2009 | 9.15% | = | 100 | × | 3,307) | ÷ | 36,149) |
| Sep 27, 2008 | 11.70% | = | 100 | × | 4,427) | ÷ | 37,843) |
| Sep 29, 2007 | 13.20% | = | 100 | × | 4,687) | ÷ | 35,510) |
| Sep 30, 2006 | 9.84% | = | 100 | × | 3,374) | ÷ | 34,285) |
| Oct 1, 2005 | 7.93% | = | 100 | × | 2,533) | ÷ | 31,944) |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-10-01), 10-K (reporting date: 2015-10-03), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-10-01), 10-K (reporting date: 2010-10-02), 10-K (reporting date: 2009-10-03), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-10-01).
1 US$ in millions
- Revenue Trends
- The company's revenues exhibited a generally upward trajectory over the analyzed period, rising from approximately $31.9 billion in 2005 to over $91.3 billion in 2024. This reflects a consistent growth pattern with occasional periods of accelerated increase, notably from 2018 onward. Despite a slight decline in 2020, likely linked to broader economic challenges, revenues quickly resumed their growth trend thereafter.
- Net Income Patterns
- Net income attributable to the company showed significant variation across these years. Starting at $2.5 billion in 2005, net income increased steadily up to 2019, peaking at approximately $12.6 billion. However, a substantial drop to a net loss of $2.9 billion occurred in 2020, coinciding with a global disruption affecting many businesses. Following this downturn, net income recovered modestly but did not return to pre-2020 peak levels by 2024, stabilizing around $5 billion.
- Net Profit Margin Analysis
- The net profit margin mirrored net income dynamics, improving from just under 8% in 2005 to over 21% by 2018, indicating enhanced profitability and operational efficiency over that period. The margin drastically fell to negative 4.38% in 2020, reflecting the net loss in that year. Subsequent years show a gradual improvement, though margins remained below historical highs, reaching about 5.44% by 2024.
- Overall Financial Insights
- The data reveals a company with strong revenue growth and improving profitability up to 2019. The significant financial setback in 2020 marked a clear disruption but was followed by a recovery phase with moderate gains in net income and profit margins. The slower rebound in profitability compared to revenue recovery suggests challenges in cost management or operational profitability under recent conditions. Continued monitoring of margins relative to revenue is advisable to assess efficiency and cost control effectiveness moving forward.
Comparison to Competitors
Walt Disney Co., net profit margin, long-term trends, comparison to competitors
| Walt Disney Co. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Take-Two Interactive Software Inc. | |
|---|---|---|---|---|---|---|
| Sep 28, 2024 | 5.44% | 28.60% | 13.09% | 37.91% | 22.34% | -69.99% |
| Sep 30, 2023 | 2.65% | 24.01% | 12.66% | 28.98% | 16.04% | -21.02% |
| Oct 1, 2022 | 3.80% | 21.20% | 4.42% | 19.90% | 14.21% | 11.93% |
| Oct 2, 2021 | 2.96% | 29.51% | 12.17% | 33.38% | 17.23% | 17.46% |
| Oct 3, 2020 | -4.38% | 22.06% | 10.17% | 33.90% | 11.05% | 13.09% |
| Sep 28, 2019 | 15.89% | 21.22% | 11.99% | 26.15% | 9.26% | 12.51% |
| Sep 29, 2018 | 21.20% | 22.46% | 12.41% | 39.60% | 7.67% | 9.68% |
| Sep 30, 2017 | 16.29% | 11.42% | 26.87% | 39.20% | 4.78% | 3.78% |
| Oct 1, 2016 | 16.88% | 21.58% | 10.81% | 36.97% | 2.11% | -0.59% |
| Oct 3, 2015 | 15.98% | 21.80% | 10.96% | 20.57% | 1.81% | -25.81% |
| Sep 27, 2014 | 15.37% | 21.88% | 12.18% | 23.58% | 4.85% | 15.38% |
| Sep 28, 2013 | 13.62% | 21.60% | 10.54% | 19.05% | 2.57% | -2.43% |
| Sep 29, 2012 | 13.44% | 21.40% | 9.91% | 1.04% | 0.48% | -13.18% |
| Oct 1, 2011 | 11.76% | 25.69% | 7.45% | — | 7.06% | 4.26% |
| Oct 2, 2010 | 10.41% | 29.01% | 9.58% | — | 7.44% | -16.12% |
| Oct 3, 2009 | 9.15% | 27.57% | 10.17% | — | 6.94% | -14.24% |
| Sep 27, 2008 | 11.70% | 19.39% | 7.44% | — | 6.08% | 6.32% |
| Sep 29, 2007 | 13.20% | 25.33% | 8.37% | — | 5.55% | -14.10% |
| Sep 30, 2006 | 9.84% | 29.02% | 10.15% | — | 4.92% | -17.81% |
| Oct 1, 2005 | 7.93% | 23.87% | 4.17% | — | 6.16% | 3.12% |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-10-01), 10-K (reporting date: 2015-10-03), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-10-01), 10-K (reporting date: 2010-10-02), 10-K (reporting date: 2009-10-03), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-10-01).
Comparison to Sector (Media & Entertainment)
Walt Disney Co., net profit margin, long-term trends, comparison to sector (media & entertainment)
| Walt Disney Co. | Media & Entertainment | |
|---|---|---|
| Sep 28, 2024 | 5.44% | 24.37% |
| Sep 30, 2023 | 2.65% | 19.50% |
| Oct 1, 2022 | 3.80% | 15.12% |
| Oct 2, 2021 | 2.96% | 23.17% |
| Oct 3, 2020 | -4.38% | 17.24% |
| Sep 28, 2019 | 15.89% | 18.24% |
| Sep 29, 2018 | 21.20% | 21.57% |
| Sep 30, 2017 | 16.29% | 20.00% |
| Oct 1, 2016 | 16.88% | 18.15% |
| Oct 3, 2015 | 15.98% | 15.99% |
| Sep 27, 2014 | 15.37% | 16.62% |
| Sep 28, 2013 | 13.62% | 15.00% |
| Sep 29, 2012 | 13.44% | 13.72% |
| Oct 1, 2011 | 11.76% | 13.66% |
| Oct 2, 2010 | 10.41% | 14.91% |
| Oct 3, 2009 | 9.15% | 13.69% |
| Sep 27, 2008 | 11.70% | 11.76% |
| Sep 29, 2007 | 13.20% | 13.39% |
| Sep 30, 2006 | 9.84% | 12.31% |
| Oct 1, 2005 | 7.93% | 8.05% |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-10-01), 10-K (reporting date: 2015-10-03), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-10-01), 10-K (reporting date: 2010-10-02), 10-K (reporting date: 2009-10-03), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-10-01).
Comparison to Industry (Communication Services)
Walt Disney Co., net profit margin, long-term trends, comparison to industry (communication services)
| Walt Disney Co. | Communication Services | |
|---|---|---|
| Sep 28, 2024 | 5.44% | 20.53% |
| Sep 30, 2023 | 2.65% | 16.48% |
| Oct 1, 2022 | 3.80% | 11.47% |
| Oct 2, 2021 | 2.96% | 18.71% |
| Oct 3, 2020 | -4.38% | 11.50% |
| Sep 28, 2019 | 15.89% | 14.62% |
| Sep 29, 2018 | 21.20% | 16.41% |
| Sep 30, 2017 | 16.29% | 19.78% |
| Oct 1, 2016 | 16.88% | 12.77% |
| Oct 3, 2015 | 15.98% | 12.70% |
| Sep 27, 2014 | 15.37% | 10.14% |
| Sep 28, 2013 | 13.62% | 12.53% |
| Sep 29, 2012 | 13.44% | 7.53% |
| Oct 1, 2011 | 11.76% | 6.73% |
| Oct 2, 2010 | 10.41% | 11.37% |
| Oct 3, 2009 | 9.15% | 9.01% |
| Sep 27, 2008 | 11.70% | 9.64% |
| Sep 29, 2007 | 13.20% | 9.70% |
| Sep 30, 2006 | 9.84% | 10.04% |
| Oct 1, 2005 | 7.93% | 9.49% |
Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-10-01), 10-K (reporting date: 2015-10-03), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-10-01), 10-K (reporting date: 2010-10-02), 10-K (reporting date: 2009-10-03), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-10-01).