Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Based on: 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).
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 improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Walt Disney Co. operating profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Walt Disney Co. net profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Walt Disney Co. ROE improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
ROA | A profitability ratio calculated as net income divided by total assets. | Walt Disney Co. ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Gross Profit Margin
Sep 30, 2023 | Oct 1, 2022 | Oct 2, 2021 | Oct 3, 2020 | Sep 28, 2019 | Sep 29, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Gross profit | 29,697) | 28,321) | 22,287) | 21,508) | 27,552) | 26,708) | |
Revenues | 88,898) | 82,722) | 67,418) | 65,388) | 69,570) | 59,434) | |
Profitability Ratio | |||||||
Gross profit margin1 | 33.41% | 34.24% | 33.06% | 32.89% | 39.60% | 44.94% | |
Benchmarks | |||||||
Gross Profit Margin, Competitors2 | |||||||
Alphabet Inc. | 56.63% | 55.38% | 56.94% | 53.58% | 55.58% | — | |
Comcast Corp. | 69.76% | 68.53% | 66.96% | 68.02% | 68.39% | — | |
Meta Platforms Inc. | 80.76% | 78.35% | 80.79% | 80.58% | 81.94% | — | |
Netflix Inc. | 41.54% | 39.37% | 41.64% | 38.89% | 38.28% | — |
Based on: 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).
1 2023 Calculation
Gross profit margin = 100 × Gross profit ÷ Revenues
= 100 × 29,697 ÷ 88,898 = 33.41%
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 improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Operating Profit Margin
Sep 30, 2023 | Oct 1, 2022 | Oct 2, 2021 | Oct 3, 2020 | Sep 28, 2019 | Sep 29, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Operating income (loss) | 5,100) | 6,533) | 3,005) | (1,941) | 10,668) | 14,804) | |
Revenues | 88,898) | 82,722) | 67,418) | 65,388) | 69,570) | 59,434) | |
Profitability Ratio | |||||||
Operating profit margin1 | 5.74% | 7.90% | 4.46% | -2.97% | 15.33% | 24.91% | |
Benchmarks | |||||||
Operating Profit Margin, Competitors2 | |||||||
Alphabet Inc. | 27.42% | 26.46% | 30.55% | 22.59% | 21.15% | — | |
Comcast Corp. | 19.18% | 11.56% | 17.89% | 16.89% | 19.39% | — | |
Meta Platforms Inc. | 34.66% | 24.82% | 39.65% | 38.01% | 33.93% | — | |
Netflix Inc. | 20.62% | 17.82% | 20.86% | 18.34% | 12.92% | — | |
Operating Profit Margin, Sector | |||||||
Media & Entertainment | 24.24% | 20.46% | 26.39% | 20.33% | 21.48% | — | |
Operating Profit Margin, Industry | |||||||
Communication Services | 22.22% | 16.70% | 22.45% | 16.35% | 19.85% | — |
Based on: 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).
1 2023 Calculation
Operating profit margin = 100 × Operating income (loss) ÷ Revenues
= 100 × 5,100 ÷ 88,898 = 5.74%
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 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Net Profit Margin
Sep 30, 2023 | Oct 1, 2022 | Oct 2, 2021 | Oct 3, 2020 | Sep 28, 2019 | Sep 29, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net income (loss) attributable to The Walt Disney Company (Disney) | 2,354) | 3,145) | 1,995) | (2,864) | 11,054) | 12,598) | |
Revenues | 88,898) | 82,722) | 67,418) | 65,388) | 69,570) | 59,434) | |
Profitability Ratio | |||||||
Net profit margin1 | 2.65% | 3.80% | 2.96% | -4.38% | 15.89% | 21.20% | |
Benchmarks | |||||||
Net Profit Margin, Competitors2 | |||||||
Alphabet Inc. | 24.01% | 21.20% | 29.51% | 22.06% | 21.22% | — | |
Comcast Corp. | 12.66% | 4.42% | 12.17% | 10.17% | 11.99% | — | |
Meta Platforms Inc. | 28.98% | 19.90% | 33.38% | 33.90% | 26.15% | — | |
Netflix Inc. | 16.04% | 14.21% | 17.23% | 11.05% | 9.26% | — | |
Net Profit Margin, Sector | |||||||
Media & Entertainment | 19.82% | 15.14% | 23.20% | 17.27% | 18.28% | — | |
Net Profit Margin, Industry | |||||||
Communication Services | 16.68% | 11.47% | 18.71% | 11.50% | 14.63% | — |
Based on: 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).
1 2023 Calculation
Net profit margin = 100 × Net income (loss) attributable to The Walt Disney Company (Disney) ÷ Revenues
= 100 × 2,354 ÷ 88,898 = 2.65%
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 improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Return on Equity (ROE)
Sep 30, 2023 | Oct 1, 2022 | Oct 2, 2021 | Oct 3, 2020 | Sep 28, 2019 | Sep 29, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net income (loss) attributable to The Walt Disney Company (Disney) | 2,354) | 3,145) | 1,995) | (2,864) | 11,054) | 12,598) | |
Total Disney Shareholder’s equity | 99,277) | 95,008) | 88,553) | 83,583) | 88,877) | 48,773) | |
Profitability Ratio | |||||||
ROE1 | 2.37% | 3.31% | 2.25% | -3.43% | 12.44% | 25.83% | |
Benchmarks | |||||||
ROE, Competitors2 | |||||||
Alphabet Inc. | 26.04% | 23.41% | 30.22% | 18.09% | 17.05% | — | |
Comcast Corp. | 18.61% | 6.63% | 14.73% | 11.66% | 15.78% | — | |
Meta Platforms Inc. | 25.53% | 18.45% | 31.53% | 22.72% | 18.29% | — | |
Netflix Inc. | 26.27% | 21.62% | 32.28% | 24.96% | 24.62% | — | |
ROE, Sector | |||||||
Media & Entertainment | 21.29% | 16.62% | 23.69% | 14.90% | 16.36% | — | |
ROE, Industry | |||||||
Communication Services | 18.94% | 13.32% | 20.34% | 11.50% | 15.27% | — |
Based on: 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).
1 2023 Calculation
ROE = 100 × Net income (loss) attributable to The Walt Disney Company (Disney) ÷ Total Disney Shareholder’s equity
= 100 × 2,354 ÷ 99,277 = 2.37%
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 improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Return on Assets (ROA)
Sep 30, 2023 | Oct 1, 2022 | Oct 2, 2021 | Oct 3, 2020 | Sep 28, 2019 | Sep 29, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net income (loss) attributable to The Walt Disney Company (Disney) | 2,354) | 3,145) | 1,995) | (2,864) | 11,054) | 12,598) | |
Total assets | 205,579) | 203,631) | 203,609) | 201,549) | 193,984) | 98,598) | |
Profitability Ratio | |||||||
ROA1 | 1.15% | 1.54% | 0.98% | -1.42% | 5.70% | 12.78% | |
Benchmarks | |||||||
ROA, Competitors2 | |||||||
Alphabet Inc. | 18.34% | 16.42% | 21.16% | 12.60% | 12.45% | — | |
Comcast Corp. | 5.81% | 2.09% | 5.13% | 3.85% | 4.96% | — | |
Meta Platforms Inc. | 17.03% | 12.49% | 23.72% | 18.29% | 13.86% | — | |
Netflix Inc. | 11.10% | 9.24% | 11.48% | 7.03% | 5.49% | — | |
ROA, Sector | |||||||
Media & Entertainment | 11.82% | 9.07% | 13.02% | 8.04% | 8.75% | — | |
ROA, Industry | |||||||
Communication Services | 7.94% | 5.43% | 8.36% | 4.69% | 6.30% | — |
Based on: 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).
1 2023 Calculation
ROA = 100 × Net income (loss) attributable to The Walt Disney Company (Disney) ÷ Total assets
= 100 × 2,354 ÷ 205,579 = 1.15%
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 improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |