Stock Analysis on Net

Walt Disney Co. (NYSE:DIS)

$24.99

Return on Assets (ROA)
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Walt Disney Co., ROA, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-09-27), 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


Net Income Trends
The net income attributable to the company experienced steady growth from 2005 through 2019, increasing from $2,533 million to a peak of $12,598 million in 2018, followed by a slight decline to $11,054 million in 2019. A significant downturn occurred in 2020, resulting in a net loss of $2,864 million, likely influenced by external adverse factors. Subsequent years show a recovery trend, with net income rising to $4,972 million by 2024 and reaching $12,404 million in 2025, surpassing previous peak levels.
Total Assets Movement
Total assets demonstrated a gradual and consistent increase from $53,158 million in 2005 to $98,598 million in 2019. A pronounced jump occurred between 2019 and 2020, with assets nearly doubling to $193,984 million, followed by incremental growth to $205,579 million in 2024. The assets slightly declined to $196,219 million in 2024 but showed a minor uptick by 2025 to $197,514 million. This sharp increase suggests significant acquisitions or capital investments during the 2019-2020 period.
Return on Assets (ROA) Analysis
Return on assets rose steadily from 4.77% in 2005 to a peak of 12.78% in 2018, reflecting enhanced profitability relative to asset base. However, a sharp decline occurred in 2020, with ROA dropping to -1.42%, coinciding with the net loss and likely linked to the substantial increase in asset base. Subsequent years exhibited a modest but consistent recovery in ROA, reaching 6.28% by 2025, indicating gradual improvement in asset utilization efficiency.
Overall Financial Performance Insights
The data reveals robust growth trends in profitability and asset expansion over the 15-year period before 2020. The sharp asset increase and the net loss in 2020 suggest a major strategic event, such as acquisition or restructuring, which temporarily impacted profitability metrics. The recovery in net income and ROA in later years signifies successful adaptation and renewed operational efficiency. The general upward trends post-2020 indicate strengthening financial health and improved capital management.

Comparison to Competitors

Walt Disney Co., ROA, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-09-27), 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)


Comparison to Industry (Communication Services)