Total Asset Turnover
since 2005
Calculation
Walt Disney Co., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Sep 28, 2024 | 0.47 | = | 91,361) | ÷ | 196,219) |
| Sep 30, 2023 | 0.43 | = | 88,898) | ÷ | 205,579) |
| Oct 1, 2022 | 0.41 | = | 82,722) | ÷ | 203,631) |
| Oct 2, 2021 | 0.33 | = | 67,418) | ÷ | 203,609) |
| Oct 3, 2020 | 0.32 | = | 65,388) | ÷ | 201,549) |
| Sep 28, 2019 | 0.36 | = | 69,570) | ÷ | 193,984) |
| Sep 29, 2018 | 0.60 | = | 59,434) | ÷ | 98,598) |
| Sep 30, 2017 | 0.58 | = | 55,137) | ÷ | 95,789) |
| Oct 1, 2016 | 0.60 | = | 55,632) | ÷ | 92,033) |
| Oct 3, 2015 | 0.59 | = | 52,465) | ÷ | 88,182) |
| Sep 27, 2014 | 0.58 | = | 48,813) | ÷ | 84,186) |
| Sep 28, 2013 | 0.55 | = | 45,041) | ÷ | 81,241) |
| Sep 29, 2012 | 0.56 | = | 42,278) | ÷ | 74,898) |
| Oct 1, 2011 | 0.57 | = | 40,893) | ÷ | 72,124) |
| Oct 2, 2010 | 0.55 | = | 38,063) | ÷ | 69,206) |
| Oct 3, 2009 | 0.57 | = | 36,149) | ÷ | 63,117) |
| Sep 27, 2008 | 0.61 | = | 37,843) | ÷ | 62,497) |
| Sep 29, 2007 | 0.58 | = | 35,510) | ÷ | 60,928) |
| Sep 30, 2006 | 0.57 | = | 34,285) | ÷ | 59,998) |
| Oct 1, 2005 | 0.60 | = | 31,944) | ÷ | 53,158) |
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
- Revenues
- Revenues exhibit a general upward trend over the observed period, starting at approximately 31.9 billion US dollars in 2005 and rising to over 91.3 billion US dollars by 2024. This represents nearly a threefold increase in revenues over nearly two decades. Growth appears steady with some fluctuations; notable jumps are visible around 2019 with revenues increasing from about 59.4 billion in 2018 to nearly 69.6 billion in 2019. A dip occurs in 2020, likely influenced by external factors, with revenues declining to about 65.4 billion before resuming growth in subsequent years. The years following 2020 show strong recovery and expansion, reaching the highest recorded value in 2024.
- Total assets
- Total assets maintain a consistent growth trajectory from roughly 53.2 billion US dollars in 2005 to approximately 98.6 billion in 2018. A significant increase is observed in 2019, with total assets nearly doubling to about 194.0 billion US dollars. This substantial jump suggests notable acquisitions, investments, or asset revaluations during that period. From 2019 onwards, total assets stabilize in the 196 to 205 billion range without major changes, indicating a plateau in asset accumulation or balanced asset management.
- Total asset turnover
- The total asset turnover ratio indicates how efficiently assets generate revenues. It fluctuates moderately around a range of 0.55 to 0.61 from 2005 through 2018, reflecting stable efficiency in asset utilization. A pronounced decline occurs starting in 2019, with the ratio dropping to 0.36 then further to 0.32 and 0.33 in subsequent years, likely due to the sharp increase in assets not immediately matched by proportional revenue increases. From 2022 onward, a gradual recovery in asset turnover is evident, increasing from 0.33 to 0.47 by 2024, suggesting improved efficiency in leveraging assets to generate revenue after the earlier adjustment period.
- Summary
- Overall, the data reflects sustained revenue growth complemented by expanding asset bases, including a remarkable asset increase around 2019. The temporary decline in asset turnover ratios post-2018 points to a lag in operational efficiency following rapid asset growth, though recent years show an improving trend in asset utilization. These patterns suggest strategic investments or acquisitions influencing the capital structure, with the company gradually optimizing asset use to support revenue generation.
Comparison to Competitors
Walt Disney Co., total asset turnover, 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 | 0.47 | 0.78 | 0.46 | 0.60 | 0.73 | 0.44 |
| Sep 30, 2023 | 0.43 | 0.76 | 0.46 | 0.59 | 0.69 | 0.34 |
| Oct 1, 2022 | 0.41 | 0.77 | 0.47 | 0.63 | 0.65 | 0.54 |
| Oct 2, 2021 | 0.33 | 0.72 | 0.42 | 0.71 | 0.67 | 0.56 |
| Oct 3, 2020 | 0.32 | 0.57 | 0.38 | 0.54 | 0.64 | 0.62 |
| Sep 28, 2019 | 0.36 | 0.59 | 0.41 | 0.53 | 0.59 | 0.63 |
| Sep 29, 2018 | 0.60 | 0.59 | 0.38 | 0.57 | 0.61 | 0.48 |
| Sep 30, 2017 | 0.58 | 0.56 | 0.45 | 0.48 | 0.61 | 0.57 |
| Oct 1, 2016 | 0.60 | 0.54 | 0.45 | 0.43 | 0.65 | 0.55 |
| Oct 3, 2015 | 0.59 | 0.51 | 0.45 | 0.36 | 0.66 | 0.49 |
| Sep 27, 2014 | 0.58 | 0.50 | 0.43 | 0.31 | 0.78 | 1.31 |
| Sep 28, 2013 | 0.55 | 0.54 | 0.41 | 0.44 | 0.81 | 0.95 |
| Sep 29, 2012 | 0.56 | 0.53 | 0.38 | 0.34 | 0.91 | 0.72 |
| Oct 1, 2011 | 0.57 | 0.52 | 0.35 | — | 1.04 | 1.17 |
| Oct 2, 2010 | 0.55 | 0.51 | 0.32 | — | 2.20 | 0.91 |
| Oct 3, 2009 | 0.57 | 0.58 | 0.32 | — | 2.46 | 0.96 |
| Sep 27, 2008 | 0.61 | 0.69 | 0.30 | — | 2.21 | 1.42 |
| Sep 29, 2007 | 0.58 | 0.65 | 0.27 | — | 1.86 | 1.18 |
| Sep 30, 2006 | 0.57 | 0.57 | 0.23 | — | 1.64 | 1.19 |
| Oct 1, 2005 | 0.60 | 0.60 | 0.22 | — | 1.87 | 1.29 |
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., total asset turnover, long-term trends, comparison to sector (media & entertainment)
| Walt Disney Co. | Media & Entertainment | |
|---|---|---|
| Sep 28, 2024 | 0.47 | 0.62 |
| Sep 30, 2023 | 0.43 | 0.59 |
| Oct 1, 2022 | 0.41 | 0.60 |
| Oct 2, 2021 | 0.33 | 0.56 |
| Oct 3, 2020 | 0.32 | 0.47 |
| Sep 28, 2019 | 0.36 | 0.48 |
| Sep 29, 2018 | 0.60 | 0.51 |
| Sep 30, 2017 | 0.58 | 0.52 |
| Oct 1, 2016 | 0.60 | 0.51 |
| Oct 3, 2015 | 0.59 | 0.49 |
| Sep 27, 2014 | 0.58 | 0.48 |
| Sep 28, 2013 | 0.55 | 0.49 |
| Sep 29, 2012 | 0.56 | 0.46 |
| Oct 1, 2011 | 0.57 | 0.45 |
| Oct 2, 2010 | 0.55 | 0.44 |
| Oct 3, 2009 | 0.57 | 0.45 |
| Sep 27, 2008 | 0.61 | 0.46 |
| Sep 29, 2007 | 0.58 | 0.42 |
| Sep 30, 2006 | 0.57 | 0.38 |
| Oct 1, 2005 | 0.60 | 0.37 |
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., total asset turnover, long-term trends, comparison to industry (communication services)
| Walt Disney Co. | Communication Services | |
|---|---|---|
| Sep 28, 2024 | 0.47 | 0.50 |
| Sep 30, 2023 | 0.43 | 0.47 |
| Oct 1, 2022 | 0.41 | 0.47 |
| Oct 2, 2021 | 0.33 | 0.45 |
| Oct 3, 2020 | 0.32 | 0.41 |
| Sep 28, 2019 | 0.36 | 0.43 |
| Sep 29, 2018 | 0.60 | 0.45 |
| Sep 30, 2017 | 0.58 | 0.47 |
| Oct 1, 2016 | 0.60 | 0.48 |
| Oct 3, 2015 | 0.59 | 0.46 |
| Sep 27, 2014 | 0.58 | 0.49 |
| Sep 28, 2013 | 0.55 | 0.47 |
| Sep 29, 2012 | 0.56 | 0.48 |
| Oct 1, 2011 | 0.57 | 0.47 |
| Oct 2, 2010 | 0.55 | 0.46 |
| Oct 3, 2009 | 0.57 | 0.46 |
| Sep 27, 2008 | 0.61 | 0.47 |
| Sep 29, 2007 | 0.58 | 0.45 |
| Sep 30, 2006 | 0.57 | 0.34 |
| Oct 1, 2005 | 0.60 | 0.38 |
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).