Return on Equity (ROE)
since 2005
Paying user area
Try for free
Walt Disney Co. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Walt Disney Co. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Walt Disney Co., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to The Walt Disney Company (Disney)1 | ÷ | Total Disney Shareholder’s equity1 | |
|---|---|---|---|---|---|---|---|
| Sep 27, 2025 | = | 100 | × | ÷ | |||
| Sep 28, 2024 | = | 100 | × | ÷ | |||
| Sep 30, 2023 | = | 100 | × | ÷ | |||
| Oct 1, 2022 | = | 100 | × | ÷ | |||
| Oct 2, 2021 | = | 100 | × | ÷ | |||
| Oct 3, 2020 | = | 100 | × | ÷ | |||
| Sep 28, 2019 | = | 100 | × | ÷ | |||
| Sep 29, 2018 | = | 100 | × | ÷ | |||
| Sep 30, 2017 | = | 100 | × | ÷ | |||
| Oct 1, 2016 | = | 100 | × | ÷ | |||
| Oct 3, 2015 | = | 100 | × | ÷ | |||
| Sep 27, 2014 | = | 100 | × | ÷ | |||
| Sep 28, 2013 | = | 100 | × | ÷ | |||
| Sep 29, 2012 | = | 100 | × | ÷ | |||
| Oct 1, 2011 | = | 100 | × | ÷ | |||
| Oct 2, 2010 | = | 100 | × | ÷ | |||
| Oct 3, 2009 | = | 100 | × | ÷ | |||
| Sep 27, 2008 | = | 100 | × | ÷ | |||
| Sep 29, 2007 | = | 100 | × | ÷ | |||
| Sep 30, 2006 | = | 100 | × | ÷ | |||
| Oct 1, 2005 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2025-09-27), 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03), 10-K (reporting date: 2019-09-28), 10-K (reporting date: 2018-09-29), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-10-01), 10-K (reporting date: 2015-10-03), 10-K (reporting date: 2014-09-27), 10-K (reporting date: 2013-09-28), 10-K (reporting date: 2012-09-29), 10-K (reporting date: 2011-10-01), 10-K (reporting date: 2010-10-02), 10-K (reporting date: 2009-10-03), 10-K (reporting date: 2008-09-27), 10-K (reporting date: 2007-09-29), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-10-01).
1 US$ in millions
The financial data indicates several notable trends in profitability, equity, and return on equity (ROE) over the covered periods.
- Net Income (Loss)
- The net income attributable to the company demonstrates a general upward trajectory from 2005 through 2019, with figures increasing from approximately $2.5 billion to a peak of nearly $12.6 billion in 2018, followed by a slight decline to $11.1 billion in 2019. However, a significant downturn is observed in 2020, where net income fell to a loss of $2.9 billion, indicative of considerable challenges during that fiscal year. Recovery ensued in the subsequent years, with net income rebounding to $5.0 billion in 2024 and culminating at over $12.4 billion projected for 2025. This pattern suggests resilience and recovery after a steep decline.
- Total Shareholder’s Equity
- Shareholder’s equity generally increased throughout the period, starting at around $26.2 billion in 2005 and experiencing steady growth, with a few fluctuations, reaching approximately $48.8 billion by 2019. A slight decrease is evident in the following years, dipping to about $83.6 billion in 2020 and then gradually increasing again to near $110 billion by 2025. The overall trend displays gradual accumulation of equity with temporary declines, possibly associated with the economic challenges impacting net income.
- Return on Equity (ROE)
- ROE reflects a strong improving trend from 9.66% in 2005, rising steadily with some fluctuations to a high of 25.83% in 2018, indicating enhanced efficiency in generating profit from equity. There is a sharp decline in 2020, coinciding with the net loss, where ROE turns negative at -3.43%. Partial recovery is observed afterward, with modest positive ROE percentages ranging from 2.25% to 4.94% through 2024, improving to 11.29% in 2025. The data illustrate the company’s ability to rebound but also highlight a period of financial distress during the downturn.
In summary, the financial data reveal sustained growth in net income and shareholder equity over most of the period, punctuated by a significant adverse event around 2020 that led to a net loss and negative ROE. Subsequently, the company demonstrated a recovery in profitability and shareholder return, supported by incremental increases in equity. These patterns suggest responsiveness to adverse conditions with a capacity for financial resilience and improved efficiency over time.
Comparison to Competitors
Walt Disney Co., ROE, long-term trends, comparison to competitors
| Walt Disney Co. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Trade Desk Inc. | |
|---|---|---|---|---|---|---|
| Sep 27, 2025 | ||||||
| Sep 28, 2024 | ||||||
| Sep 30, 2023 | ||||||
| Oct 1, 2022 | ||||||
| Oct 2, 2021 | ||||||
| Oct 3, 2020 | ||||||
| Sep 28, 2019 | ||||||
| Sep 29, 2018 | ||||||
| Sep 30, 2017 | ||||||
| Oct 1, 2016 | ||||||
| Oct 3, 2015 | ||||||
| Sep 27, 2014 | ||||||
| Sep 28, 2013 | ||||||
| Sep 29, 2012 | ||||||
| Oct 1, 2011 | ||||||
| Oct 2, 2010 | ||||||
| Oct 3, 2009 | ||||||
| Sep 27, 2008 | ||||||
| Sep 29, 2007 | ||||||
| Sep 30, 2006 | ||||||
| Oct 1, 2005 |
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)
Walt Disney Co., ROE, long-term trends, comparison to sector (media & entertainment)
| Walt Disney Co. | Media & Entertainment | |
|---|---|---|
| Sep 27, 2025 | ||
| Sep 28, 2024 | ||
| Sep 30, 2023 | ||
| Oct 1, 2022 | ||
| Oct 2, 2021 | ||
| Oct 3, 2020 | ||
| Sep 28, 2019 | ||
| Sep 29, 2018 | ||
| Sep 30, 2017 | ||
| Oct 1, 2016 | ||
| Oct 3, 2015 | ||
| Sep 27, 2014 | ||
| Sep 28, 2013 | ||
| Sep 29, 2012 | ||
| Oct 1, 2011 | ||
| Oct 2, 2010 | ||
| Oct 3, 2009 | ||
| Sep 27, 2008 | ||
| Sep 29, 2007 | ||
| Sep 30, 2006 | ||
| Oct 1, 2005 |
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 Industry (Communication Services)
Walt Disney Co., ROE, long-term trends, comparison to industry (communication services)
| Walt Disney Co. | Communication Services | |
|---|---|---|
| Sep 27, 2025 | ||
| Sep 28, 2024 | ||
| Sep 30, 2023 | ||
| Oct 1, 2022 | ||
| Oct 2, 2021 | ||
| Oct 3, 2020 | ||
| Sep 28, 2019 | ||
| Sep 29, 2018 | ||
| Sep 30, 2017 | ||
| Oct 1, 2016 | ||
| Oct 3, 2015 | ||
| Sep 27, 2014 | ||
| Sep 28, 2013 | ||
| Sep 29, 2012 | ||
| Oct 1, 2011 | ||
| Oct 2, 2010 | ||
| Oct 3, 2009 | ||
| Sep 27, 2008 | ||
| Sep 29, 2007 | ||
| Sep 30, 2006 | ||
| Oct 1, 2005 |
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).