Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Walt Disney Co., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-K (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-Q (reporting date: 2021-01-02), 10-K (reporting date: 2020-10-03), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-K (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-K (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-30), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-10-01), 10-Q (reporting date: 2016-07-02), 10-Q (reporting date: 2016-04-02), 10-Q (reporting date: 2016-01-02).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Walt Disney Co. gross profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Walt Disney Co. operating profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Walt Disney Co. net profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Walt Disney Co. ROE deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Walt Disney Co. ROA deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |
Gross Profit Margin
Walt Disney Co., gross profit margin calculation (quarterly data)
| Jul 2, 2022 | Apr 2, 2022 | Jan 1, 2022 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Jan 2, 2021 | Oct 3, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 1, 2016 | Jul 2, 2016 | Apr 2, 2016 | Jan 2, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Gross profit | 7,822 | 6,655 | 7,252 | 6,193 | 5,789 | 5,831 | 4,474 | 3,694 | 3,883 | 6,088 | 7,843 | 7,278 | 7,426 | 6,546 | 6,302 | 6,199 | 6,880 | 7,015 | 6,614 | 5,565 | 6,521 | 6,367 | 6,378 | 5,837 | 7,076 | 6,105 | 6,621 | ||||||||
| Revenues | 21,504 | 19,249 | 21,819 | 18,534 | 17,022 | 15,613 | 16,249 | 14,707 | 11,779 | 18,025 | 20,877 | 19,100 | 20,245 | 14,922 | 15,303 | 14,307 | 15,228 | 14,548 | 15,351 | 12,779 | 14,238 | 13,336 | 14,784 | 13,142 | 14,277 | 12,969 | 15,244 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Gross profit margin1 | 34.43% | 33.79% | 34.34% | 33.06% | 31.12% | 30.65% | 29.85% | 32.89% | 35.96% | 36.60% | 38.72% | 39.60% | 40.87% | 43.39% | 44.45% | 44.94% | 45.03% | 45.18% | 45.00% | 45.04% | 45.23% | 46.20% | 46.03% | 46.09% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Alphabet Inc. | — | 56.74% | 56.93% | 56.94% | 56.51% | 55.72% | 54.32% | 53.58% | 53.60% | 54.15% | 55.08% | 55.58% | 55.63% | 55.83% | 56.28% | 56.48% | 56.96% | 57.41% | 57.99% | 58.88% | — | — | — | — | — | — | — | ||||||||
| Charter Communications Inc. | — | 39.39% | 39.07% | 39.09% | 38.80% | 38.40% | 38.20% | 37.77% | 37.50% | 36.81% | 36.45% | 36.14% | 35.77% | 35.91% | 36.04% | 36.15% | 36.27% | 36.35% | 36.31% | 36.17% | — | — | — | — | — | — | — | ||||||||
| Comcast Corp. | — | 67.34% | 66.64% | 66.96% | 66.59% | 66.81% | 67.61% | 68.02% | 68.36% | 68.99% | 68.56% | 68.39% | 68.27% | 68.38% | 68.72% | 68.58% | 69.14% | 69.46% | 69.21% | 69.97% | — | — | — | — | — | — | — | ||||||||
| Meta Platforms Inc. | — | 80.47% | 80.34% | 80.79% | 80.85% | 80.98% | 80.55% | 80.58% | 81.04% | 81.46% | 81.72% | 81.94% | 81.85% | 81.89% | 82.62% | 83.25% | 84.26% | 85.16% | 86.05% | 86.58% | — | — | — | — | — | — | — | ||||||||
| Netflix Inc. | — | 40.63% | 41.62% | 41.64% | 43.22% | 42.29% | 41.10% | 38.89% | 38.80% | 38.98% | 38.47% | 38.28% | 37.98% | 36.81% | 36.58% | 36.89% | 37.28% | 36.57% | 34.91% | 34.49% | — | — | — | — | — | — | — | ||||||||
| Twitter Inc. | — | 60.84% | 63.30% | 64.60% | 64.26% | 64.23% | 62.90% | 63.23% | 63.68% | 64.87% | 66.75% | 67.13% | 67.53% | 68.02% | 68.20% | 68.28% | 68.08% | 67.33% | 66.26% | 64.75% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-K (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-Q (reporting date: 2021-01-02), 10-K (reporting date: 2020-10-03), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-K (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-K (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-30), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-10-01), 10-Q (reporting date: 2016-07-02), 10-Q (reporting date: 2016-04-02), 10-Q (reporting date: 2016-01-02).
1 Q3 2022 Calculation
Gross profit margin = 100
× (Gross profitQ3 2022
+ Gross profitQ2 2022
+ Gross profitQ1 2022
+ Gross profitQ4 2021)
÷ (RevenuesQ3 2022
+ RevenuesQ2 2022
+ RevenuesQ1 2022
+ RevenuesQ4 2021)
= 100 × (7,822 + 6,655 + 7,252 + 6,193)
÷ (21,504 + 19,249 + 21,819 + 18,534)
= 34.43%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Walt Disney Co. gross profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |
Operating Profit Margin
Walt Disney Co., operating profit margin calculation (quarterly data)
| Jul 2, 2022 | Apr 2, 2022 | Jan 1, 2022 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Jan 2, 2021 | Oct 3, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 1, 2016 | Jul 2, 2016 | Apr 2, 2016 | Jan 2, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Operating income (loss) | 2,390 | 1,405 | 2,196 | 507 | 1,320 | 1,032 | 146 | (846) | (4,996) | 1,216 | 2,685 | 1,968 | 2,553 | 2,729 | 3,418 | 3,078 | 3,924 | 4,024 | 3,778 | 2,531 | 3,788 | 3,750 | 3,706 | 2,830 | 4,101 | 3,363 | 3,908 | ||||||||
| Revenues | 21,504 | 19,249 | 21,819 | 18,534 | 17,022 | 15,613 | 16,249 | 14,707 | 11,779 | 18,025 | 20,877 | 19,100 | 20,245 | 14,922 | 15,303 | 14,307 | 15,228 | 14,548 | 15,351 | 12,779 | 14,238 | 13,336 | 14,784 | 13,142 | 14,277 | 12,969 | 15,244 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Operating profit margin1 | 8.01% | 7.08% | 6.93% | 4.46% | 2.60% | -7.99% | -7.37% | -2.97% | 1.25% | 10.76% | 13.22% | 15.33% | 18.18% | 22.00% | 24.32% | 24.91% | 24.62% | 24.81% | 24.86% | 24.98% | 25.36% | 25.90% | 25.38% | 25.53% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Alphabet Inc. | — | 29.65% | 30.47% | 30.55% | 30.30% | 28.45% | 25.26% | 22.59% | 20.29% | 19.76% | 21.36% | 21.15% | 21.39% | 21.78% | 18.26% | 19.24% | 19.85% | 20.38% | 22.67% | 23.59% | — | — | — | — | — | — | — | ||||||||
| Charter Communications Inc. | — | 22.35% | 21.45% | 20.37% | 19.63% | 18.56% | 17.74% | 17.48% | 16.73% | 15.68% | 14.88% | 14.23% | 13.24% | 12.95% | 12.68% | 11.97% | 11.59% | 10.61% | 10.00% | 9.87% | — | — | — | — | — | — | — | ||||||||
| Comcast Corp. | — | 18.25% | 17.76% | 17.89% | 17.51% | 17.01% | 16.97% | 16.89% | 18.05% | 19.03% | 19.13% | 19.39% | 18.81% | 19.18% | 19.83% | 20.11% | 21.00% | 21.23% | 20.84% | 21.28% | — | — | — | — | — | — | — | ||||||||
| Meta Platforms Inc. | — | 33.41% | 36.68% | 39.65% | 41.79% | 42.52% | 40.42% | 38.01% | 36.41% | 37.12% | 36.21% | 33.93% | 34.49% | 34.41% | 38.65% | 44.62% | 47.11% | 49.05% | 50.07% | 49.70% | — | — | — | — | — | — | — | ||||||||
| Netflix Inc. | — | 19.13% | 20.41% | 20.86% | 22.76% | 22.03% | 21.17% | 18.34% | 17.17% | 16.59% | 14.50% | 12.92% | 12.51% | 10.56% | 9.74% | 10.16% | 10.98% | 9.82% | 8.06% | 7.17% | — | — | — | — | — | — | — | ||||||||
| Twitter Inc. | — | -20.02% | -12.83% | -9.70% | -8.51% | 8.77% | 2.19% | 0.72% | -2.11% | -2.54% | 7.62% | 10.59% | 12.51% | 14.21% | 14.92% | 14.90% | 12.44% | 10.08% | 6.01% | 1.59% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-K (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-Q (reporting date: 2021-01-02), 10-K (reporting date: 2020-10-03), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-K (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-K (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-30), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-10-01), 10-Q (reporting date: 2016-07-02), 10-Q (reporting date: 2016-04-02), 10-Q (reporting date: 2016-01-02).
1 Q3 2022 Calculation
Operating profit margin = 100
× (Operating income (loss)Q3 2022
+ Operating income (loss)Q2 2022
+ Operating income (loss)Q1 2022
+ Operating income (loss)Q4 2021)
÷ (RevenuesQ3 2022
+ RevenuesQ2 2022
+ RevenuesQ1 2022
+ RevenuesQ4 2021)
= 100 × (2,390 + 1,405 + 2,196 + 507)
÷ (21,504 + 19,249 + 21,819 + 18,534)
= 8.01%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Walt Disney Co. operating profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |
Net Profit Margin
Walt Disney Co., net profit margin calculation (quarterly data)
| Jul 2, 2022 | Apr 2, 2022 | Jan 1, 2022 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Jan 2, 2021 | Oct 3, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 1, 2016 | Jul 2, 2016 | Apr 2, 2016 | Jan 2, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Net income (loss) attributable to Disney | 1,409 | 470 | 1,104 | 159 | 918 | 901 | 17 | (710) | (4,721) | 460 | 2,107 | 1,054 | 1,760 | 5,452 | 2,788 | 2,322 | 2,916 | 2,937 | 4,423 | 1,747 | 2,366 | 2,388 | 2,479 | 1,771 | 2,597 | 2,143 | 2,880 | ||||||||
| Revenues | 21,504 | 19,249 | 21,819 | 18,534 | 17,022 | 15,613 | 16,249 | 14,707 | 11,779 | 18,025 | 20,877 | 19,100 | 20,245 | 14,922 | 15,303 | 14,307 | 15,228 | 14,548 | 15,351 | 12,779 | 14,238 | 13,336 | 14,784 | 13,142 | 14,277 | 12,969 | 15,244 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Net profit margin1 | 3.87% | 3.46% | 4.22% | 2.96% | 1.77% | -7.73% | -8.15% | -4.38% | -1.58% | 6.88% | 13.80% | 15.89% | 19.02% | 22.55% | 18.46% | 21.20% | 20.76% | 20.16% | 19.61% | 16.29% | 16.22% | 16.63% | 16.29% | 16.88% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Alphabet Inc. | — | 25.89% | 27.57% | 29.51% | 29.52% | 28.57% | 26.11% | 22.06% | 20.80% | 18.99% | 20.71% | 21.22% | 21.04% | 23.43% | 19.71% | 22.46% | 14.45% | 13.16% | 14.19% | 11.42% | — | — | — | — | — | — | — | ||||||||
| Charter Communications Inc. | — | 10.35% | 9.64% | 9.01% | 8.40% | 7.78% | 7.43% | 6.70% | 5.70% | 4.85% | 3.91% | 3.64% | 2.76% | 3.04% | 2.98% | 2.82% | 24.39% | 23.59% | 23.55% | 23.80% | — | — | — | — | — | — | — | ||||||||
| Comcast Corp. | — | 11.54% | 11.96% | 12.17% | 12.73% | 11.44% | 11.25% | 10.17% | 9.90% | 10.91% | 10.72% | 11.99% | 11.45% | 11.64% | 12.34% | 12.41% | 27.33% | 27.42% | 26.79% | 26.87% | — | — | — | — | — | — | — | ||||||||
| Meta Platforms Inc. | — | 28.16% | 31.20% | 33.38% | 35.88% | 37.18% | 35.74% | 33.90% | 32.00% | 31.29% | 28.57% | 26.15% | 27.08% | 27.26% | 33.17% | 39.60% | 37.58% | 39.32% | 40.05% | 39.20% | — | — | — | — | — | — | — | ||||||||
| Netflix Inc. | — | 16.42% | 16.47% | 17.23% | 17.64% | 15.92% | 14.24% | 11.05% | 11.78% | 11.85% | 10.43% | 9.26% | 7.49% | 6.53% | 7.61% | 7.67% | 8.48% | 7.13% | 5.26% | 4.78% | — | — | — | — | — | — | — | ||||||||
| Twitter Inc. | — | -2.14% | 4.27% | -4.36% | -3.77% | 8.64% | -26.85% | -30.56% | -36.07% | -37.06% | 36.39% | 42.37% | 47.67% | 71.46% | 42.20% | 39.63% | 36.35% | 8.57% | 0.57% | -4.42% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-K (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-Q (reporting date: 2021-01-02), 10-K (reporting date: 2020-10-03), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-K (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-K (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-30), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-10-01), 10-Q (reporting date: 2016-07-02), 10-Q (reporting date: 2016-04-02), 10-Q (reporting date: 2016-01-02).
1 Q3 2022 Calculation
Net profit margin = 100
× (Net income (loss) attributable to DisneyQ3 2022
+ Net income (loss) attributable to DisneyQ2 2022
+ Net income (loss) attributable to DisneyQ1 2022
+ Net income (loss) attributable to DisneyQ4 2021)
÷ (RevenuesQ3 2022
+ RevenuesQ2 2022
+ RevenuesQ1 2022
+ RevenuesQ4 2021)
= 100 × (1,409 + 470 + 1,104 + 159)
÷ (21,504 + 19,249 + 21,819 + 18,534)
= 3.87%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Walt Disney Co. net profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
Return on Equity (ROE)
Walt Disney Co., ROE calculation (quarterly data)
| Jul 2, 2022 | Apr 2, 2022 | Jan 1, 2022 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Jan 2, 2021 | Oct 3, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 1, 2016 | Jul 2, 2016 | Apr 2, 2016 | Jan 2, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Net income (loss) attributable to Disney | 1,409 | 470 | 1,104 | 159 | 918 | 901 | 17 | (710) | (4,721) | 460 | 2,107 | 1,054 | 1,760 | 5,452 | 2,788 | 2,322 | 2,916 | 2,937 | 4,423 | 1,747 | 2,366 | 2,388 | 2,479 | 1,771 | 2,597 | 2,143 | 2,880 | ||||||||
| Total Disney Shareholders’ equity | 92,500 | 90,636 | 89,864 | 88,553 | 86,741 | 85,540 | 84,071 | 83,583 | 85,866 | 90,407 | 89,757 | 88,877 | 90,472 | 89,938 | 50,316 | 48,773 | 46,088 | 45,151 | 43,289 | 41,315 | 42,531 | 43,784 | 43,210 | 43,265 | 44,193 | 44,124 | 43,958 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| ROE1 | 3.40% | 2.92% | 3.43% | 2.25% | 1.30% | -5.28% | -5.89% | -3.43% | -1.28% | 5.95% | 11.56% | 12.44% | 13.62% | 14.99% | 21.79% | 25.83% | 26.09% | 25.41% | 25.24% | 21.74% | 21.17% | 21.09% | 20.81% | 21.71% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||||||||
| Alphabet Inc. | — | 28.20% | 29.35% | 30.22% | 28.87% | 26.49% | 22.33% | 18.09% | 16.77% | 15.21% | 16.95% | 17.05% | 16.73% | 18.08% | 15.26% | 17.30% | 11.05% | 10.07% | 10.34% | 8.30% | — | — | — | — | — | — | — | ||||||||
| Charter Communications Inc. | — | 55.68% | 41.87% | 33.12% | 25.19% | 20.10% | 17.30% | 13.53% | 10.00% | 7.71% | 6.11% | 5.30% | 3.79% | 3.84% | 3.68% | 3.39% | 28.26% | 26.82% | 25.56% | 25.32% | — | — | — | — | — | — | — | ||||||||
| Comcast Corp. | — | 15.35% | 15.18% | 14.73% | 15.12% | 13.13% | 12.66% | 11.66% | 11.97% | 13.77% | 14.29% | 15.78% | 15.88% | 15.71% | 16.23% | 16.38% | 33.84% | 33.91% | 33.48% | 33.11% | — | — | — | — | — | — | — | ||||||||
| Meta Platforms Inc. | — | 26.74% | 30.30% | 31.53% | 30.22% | 28.18% | 25.24% | 22.72% | 21.47% | 21.30% | 19.90% | 18.29% | 19.17% | 19.22% | 22.60% | 26.28% | 24.27% | 24.02% | 23.01% | 21.43% | — | — | — | — | — | — | — | ||||||||
| Netflix Inc. | — | 26.71% | 28.54% | 32.28% | 32.98% | 31.68% | 29.18% | 24.96% | 27.16% | 28.73% | 26.54% | 24.62% | 20.61% | 18.86% | 22.18% | 23.12% | 25.21% | 22.01% | 16.68% | 15.60% | — | — | — | — | — | — | — | ||||||||
| Twitter Inc. | — | -1.88% | 3.79% | -3.03% | -2.52% | 4.98% | -13.69% | -14.25% | -15.86% | -16.08% | 14.40% | 16.84% | 19.04% | 28.22% | 18.84% | 17.71% | 16.14% | 4.15% | 0.28% | -2.14% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-K (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-Q (reporting date: 2021-01-02), 10-K (reporting date: 2020-10-03), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-K (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-K (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-30), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-10-01), 10-Q (reporting date: 2016-07-02), 10-Q (reporting date: 2016-04-02), 10-Q (reporting date: 2016-01-02).
1 Q3 2022 Calculation
ROE = 100
× (Net income (loss) attributable to DisneyQ3 2022
+ Net income (loss) attributable to DisneyQ2 2022
+ Net income (loss) attributable to DisneyQ1 2022
+ Net income (loss) attributable to DisneyQ4 2021)
÷ Total Disney Shareholders’ equity
= 100 × (1,409 + 470 + 1,104 + 159)
÷ 92,500 = 3.40%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Walt Disney Co. ROE deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
Return on Assets (ROA)
Walt Disney Co., ROA calculation (quarterly data)
| Jul 2, 2022 | Apr 2, 2022 | Jan 1, 2022 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Jan 2, 2021 | Oct 3, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 1, 2016 | Jul 2, 2016 | Apr 2, 2016 | Jan 2, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||||||||
| Net income (loss) attributable to Disney | 1,409 | 470 | 1,104 | 159 | 918 | 901 | 17 | (710) | (4,721) | 460 | 2,107 | 1,054 | 1,760 | 5,452 | 2,788 | 2,322 | 2,916 | 2,937 | 4,423 | 1,747 | 2,366 | 2,388 | 2,479 | 1,771 | 2,597 | 2,143 | 2,880 | ||||||||
| Total assets | 204,074 | 202,453 | 203,311 | 203,609 | 202,221 | 200,250 | 201,888 | 201,549 | 207,649 | 206,294 | 200,948 | 193,984 | 209,475 | 214,342 | 99,941 | 98,598 | 98,792 | 97,943 | 97,734 | 95,789 | 92,752 | 91,807 | 91,576 | 92,033 | 90,914 | 90,264 | 90,121 | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| ROA1 | 1.54% | 1.31% | 1.52% | 0.98% | 0.56% | -2.25% | -2.45% | -1.42% | -0.53% | 2.61% | 5.16% | 5.70% | 5.88% | 6.29% | 10.97% | 12.78% | 12.17% | 11.71% | 11.18% | 9.37% | 9.71% | 10.06% | 9.82% | 10.20% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||||||||
| Alphabet Inc. | — | 20.28% | 20.87% | 21.16% | 20.33% | 18.76% | 15.70% | 12.60% | 11.93% | 11.32% | 12.63% | 12.45% | 12.40% | 13.51% | 11.41% | 13.20% | 8.47% | 7.71% | 8.04% | 6.42% | — | — | — | — | — | — | — | ||||||||
| Charter Communications Inc. | — | 3.84% | 3.51% | 3.27% | 3.01% | 2.70% | 2.53% | 2.23% | 1.87% | 1.56% | 1.24% | 1.13% | 0.86% | 0.93% | 0.89% | 0.84% | 7.18% | 6.87% | 6.78% | 6.75% | — | — | — | — | — | — | — | ||||||||
| Comcast Corp. | — | 5.26% | 5.25% | 5.13% | 5.23% | 4.50% | 4.21% | 3.85% | 3.84% | 4.33% | 4.44% | 4.96% | 4.84% | 4.71% | 4.75% | 4.66% | 12.06% | 12.53% | 12.19% | 12.15% | — | — | — | — | — | — | — | ||||||||
| Meta Platforms Inc. | — | 19.81% | 22.74% | 23.72% | 23.77% | 22.83% | 20.63% | 18.29% | 17.26% | 16.84% | 15.15% | 13.86% | 14.48% | 14.58% | 17.86% | 22.72% | 21.09% | 21.12% | 20.08% | 18.85% | — | — | — | — | — | — | — | ||||||||
| Netflix Inc. | — | 10.99% | 11.05% | 11.48% | 11.82% | 10.72% | 9.37% | 7.03% | 7.27% | 7.21% | 6.37% | 5.49% | 4.57% | 3.82% | 4.65% | 4.66% | 5.40% | 4.37% | 3.33% | 2.94% | — | — | — | — | — | — | — | ||||||||
| Twitter Inc. | — | -0.82% | 1.65% | -1.57% | -1.24% | 2.51% | -7.07% | -8.49% | -9.47% | -9.81% | 9.35% | 11.54% | 13.81% | 18.81% | 11.98% | 11.86% | 10.68% | 2.61% | 0.19% | -1.46% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-Q (reporting date: 2022-01-01), 10-K (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-Q (reporting date: 2021-01-02), 10-K (reporting date: 2020-10-03), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-Q (reporting date: 2019-12-28), 10-K (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-Q (reporting date: 2018-12-29), 10-K (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-30), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-10-01), 10-Q (reporting date: 2016-07-02), 10-Q (reporting date: 2016-04-02), 10-Q (reporting date: 2016-01-02).
1 Q3 2022 Calculation
ROA = 100
× (Net income (loss) attributable to DisneyQ3 2022
+ Net income (loss) attributable to DisneyQ2 2022
+ Net income (loss) attributable to DisneyQ1 2022
+ Net income (loss) attributable to DisneyQ4 2021)
÷ Total assets
= 100 × (1,409 + 470 + 1,104 + 159)
÷ 204,074 = 1.54%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Walt Disney Co. ROA deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |