Walt Disney Co. (DIS)

• Annual Data
• Quarterly Data

• Annual Data
• Quarterly Data

Walt Disney Co., decomposition of ROE

	ROE	=	ROA	×	Financial Leverage
Sep 28, 2019		=		×
Sep 29, 2018		=		×
Sep 30, 2017		=		×
Oct 1, 2016		=		×
Oct 3, 2015		=		×
Sep 27, 2014		=		×

Based on: 10-K (filing date: 2019-11-20), 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19).

The primary reason for the decrease in return on equity ratio (ROE) over 2019 year is the decrease in profitability measured by return on assets ratio (ROA).

• Annual Data
• Quarterly Data

Walt Disney Co., decomposition of ROE

	ROE	=	Net Profit Margin	×	Asset Turnover	×	Financial Leverage
Sep 28, 2019		=		×		×
Sep 29, 2018		=		×		×
Sep 30, 2017		=		×		×
Oct 1, 2016		=		×		×
Oct 3, 2015		=		×		×
Sep 27, 2014		=		×		×

Based on: 10-K (filing date: 2019-11-20), 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19).

The primary reason for the decrease in return on equity ratio (ROE) over 2019 year is the decrease in efficiency measured by asset turnover ratio.

Walt Disney Co., decomposition of ROE

	ROE	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover	×	Financial Leverage
Sep 28, 2019		=		×		×		×		×
Sep 29, 2018		=		×		×		×		×
Sep 30, 2017		=		×		×		×		×
Oct 1, 2016		=		×		×		×		×
Oct 3, 2015		=		×		×		×		×
Sep 27, 2014		=		×		×		×		×

Based on: 10-K (filing date: 2019-11-20), 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19).

The primary reason for the decrease in return on equity ratio (ROE) over 2019 year is the decrease in efficiency measured by asset turnover ratio.

• Annual Data
• Quarterly Data

Walt Disney Co., decomposition of ROA

	ROA	=	Net Profit Margin	×	Asset Turnover
Sep 28, 2019		=		×
Sep 29, 2018		=		×
Sep 30, 2017		=		×
Oct 1, 2016		=		×
Oct 3, 2015		=		×
Sep 27, 2014		=		×

Based on: 10-K (filing date: 2019-11-20), 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19).

The primary reason for the decrease in return on assets ratio (ROA) over 2019 year is the decrease in asset turnover ratio.

Walt Disney Co., decomposition of ROA

	ROA	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover
Sep 28, 2019		=		×		×		×
Sep 29, 2018		=		×		×		×
Sep 30, 2017		=		×		×		×
Oct 1, 2016		=		×		×		×
Oct 3, 2015		=		×		×		×
Sep 27, 2014		=		×		×		×

Based on: 10-K (filing date: 2019-11-20), 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19).

The primary reason for the decrease in return on assets ratio (ROA) over 2019 year is the decrease in efficiency measured by asset turnover ratio.

Walt Disney Co., decomposition of net profit margin ratio

	Net Profit Margin	=	Tax Burden	×	Interest Burden	×	EBIT Margin
Sep 28, 2019		=		×		×
Sep 29, 2018		=		×		×
Sep 30, 2017		=		×		×
Oct 1, 2016		=		×		×
Oct 3, 2015		=		×		×
Sep 27, 2014		=		×		×

Based on: 10-K (filing date: 2019-11-20), 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19).

The primary reason for the decrease in net profit margin ratio over 2019 year is the decrease in operating profitability measured by EBIT margin ratio.