Stock Analysis on Net
Stock Analysis on Net

Walt Disney Co. (NYSE:DIS)

Common-Size Income Statement

Walt Disney Co., common-size consolidated income statement

Microsoft Excel
12 months ended: Sep 28, 2024 Sep 30, 2023 Oct 1, 2022 Oct 2, 2021 Oct 3, 2020 Sep 28, 2019
Services 89.58 89.50 89.70 91.62 90.64 87.02
Products 10.42 10.50 10.30 8.38 9.36 12.98
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of services, exclusive of depreciation and amortization -57.47 -59.78 -59.19 -61.01 -60.26 -52.39
Cost of products, exclusive of depreciation and amortization -6.77 -6.82 -6.58 -5.94 -6.84 -8.00
Cost of revenues, exclusive of depreciation and amortization -64.25% -66.59% -65.76% -66.94% -67.11% -60.40%
Gross profit 35.75% 33.41% 34.24% 33.06% 32.89% 39.60%
Selling, general, administrative and other -17.25 -17.25 -19.81 -20.05 -18.92 -16.59
Depreciation and amortization -5.46 -6.04 -6.24 -7.58 -8.17 -5.98
Restructuring and impairment charges -3.93 -4.38 -0.29 -0.97 -8.77 -1.70
Operating income (loss) 9.11% 5.74% 7.90% 4.46% -2.97% 15.33%
DraftKings gain (loss) 0.00 0.19 -0.80 -0.16 1.49 0.00
fuboTV gain 0.00 0.00 0.00 0.28 0.00 0.00
German FTA gain 0.00 0.00 0.00 0.19 0.00 0.00
Endemol Shine gain 0.00 0.00 0.00 0.00 0.10 0.00
Hulu gain 0.00 0.00 0.00 0.00 0.00 6.89
Insurance recoveries (settlements) related to legal matters 0.00 0.00 0.00 0.00 0.00 0.07
Charge for the extinguishment of a portion of the debt originally assumed in the TFCF acquisition 0.00 0.00 0.00 0.00 0.00 -0.73
Gain on sale of real estate, property rights and other 0.00 0.00 0.00 0.00 0.00 0.04
Other, net -0.07 -0.08 0.00 0.00 0.00 0.00
Other income (expense), net -0.07% 0.11% -0.81% 0.30% 1.59% 6.26%
Interest expense -2.27 -2.22 -1.87 -2.29 -2.52 -1.79
Interest and investment income 0.44 0.48 0.11 0.46 0.24 0.39
Net periodic pension and postretirement benefit costs, other than service costs 0.44 0.38 0.07 -0.25 0.00 0.00
Interest expense, net -1.38% -1.36% -1.69% -2.09% -2.28% -1.41%
Equity in the income (loss) of investees 0.63 0.88 0.99 1.13 1.00 -0.15
Income (loss) from continuing operations before income taxes 8.28% 5.36% 6.39% 3.80% -2.67% 20.04%
Income taxes on continuing operations -1.97 -1.55 -2.09 -0.04 -1.07 -4.36
Net income (loss) from continuing operations 6.32% 3.81% 4.30% 3.76% -3.73% 15.69%
Income (loss) from discontinued operations, net of income tax 0.00 0.00 -0.06 -0.04 -0.05 0.96
Net income (loss) 6.32% 3.81% 4.24% 3.72% -3.78% 16.65%
Net income attributable to noncontrolling and redeemable noncontrolling interests -0.88 -1.17 -0.44 -0.76 -0.60 -0.76
Net income (loss) attributable to The Walt Disney Company (Disney) 5.44% 2.65% 3.80% 2.96% -4.38% 15.89%

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).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Walt Disney Co. operating income (loss) as a percentage of revenues decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Walt Disney Co. income (loss) from continuing operations before income taxes as a percentage of revenues decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Net income (loss) attributable to The Walt Disney Company (Disney) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Walt Disney Co. net income (loss) attributable to The Walt Disney Company (Disney) as a percentage of revenues decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.