Disney Financial Statements From 2010 to 2022

DIS
 Stock
  

USD 109.11  2.48  2.33%   

Disney financial statements provide useful quarterly and yearly information to potential Walt Disney investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Disney financial statements helps investors assess Disney's valuation, profitability, and current liquidity needs.
There are over one hundred eleven available fundamental signals for Walt Disney, which can be analyzed over time and compared to other ratios. Please make sure to verify Disney's prevailing fundamental performance against the performance between 2010 and 2022 to make sure the trends are evolving in the right direction.
Disney Average Assets are relatively stable at the moment as compared to the past year. Disney reported last year Average Assets of 92.98 Billion. As of 08/09/2022, Average Equity is likely to grow to about 53.9 B, while Revenue Per Employee is likely to drop slightly above 266.6 K.
  
Check Disney financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Disney main balance sheet or income statement drivers, such as Direct Expenses of 29.7 B, Consolidated Income of 7.9 B or Cost of Revenue of 34.9 B, as well as many exotic indicators such as Interest Coverage of 38.7, Long Term Debt to Equity of 0.4 or Calculated Tax Rate of 34.32. Disney financial statements analysis is a perfect complement when working with Disney Valuation or Volatility modules. It can also supplement Disney's financial leverage analysis and stock options assessment as well as various Disney Technical models . Continue to the analysis of Disney Correlation against competitors.

Disney Revenues

60.71 Billion

Disney Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets118.1 B95.8 B135.7 B
Increasing
Slightly volatile
Cash and Equivalents5.8 BB8.9 B
Increasing
Slightly volatile
Investments3.5 B3.2 B3.9 B
Decreasing
Very volatile
Investments Non Current3.5 B3.2 B3.9 B
Decreasing
Very volatile
Deferred Revenue4.6 B4.6 B4.1 B
Increasing
Slightly volatile
Property Plant and Equipment Net30.4 B28.4 B29.1 B
Increasing
Slightly volatile
Inventory1.4 B1.4 B1.4 B
Decreasing
Slightly volatile
Tax Assets699.3 M688.5 M810.2 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables10 B8.6 B10.5 B
Increasing
Slightly volatile
Trade and Non Trade Payables10.9 B8.9 B13.6 B
Increasing
Slightly volatile
Goodwill and Intangible Assets54.4 B38.4 B70.7 B
Increasing
Slightly volatile
Total Liabilities60.4 B50.8 B70.8 B
Increasing
Slightly volatile
Shareholders Equity53.7 B41.3 B60.9 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit69 B72.6 B54.8 B
Decreasing
Very volatile
Current Assets20 B15.9 B23.3 B
Increasing
Slightly volatile
Assets Non Current98.2 B79.9 B112.4 B
Increasing
Slightly volatile
Current Liabilities21.3 B19.6 B22.5 B
Increasing
Slightly volatile
Liabilities Non Current39 B31.2 B48.3 B
Increasing
Slightly volatile
Tax LiabilitiesB4.5 B5.2 B
Increasing
Slightly volatile
Total Debt29.2 B25.3 B33.9 B
Increasing
Slightly volatile
Debt Current5.8 B6.2 B4.8 B
Increasing
Slightly volatile
Debt Non Current23.3 B19.1 B29.1 B
Increasing
Slightly volatile
Shareholders Equity USD53.7 B41.3 B60.9 B
Increasing
Slightly volatile
Cash and Equivalents USD5.8 BB8.9 B
Increasing
Slightly volatile
Total Debt USD29.2 B25.3 B33.9 B
Increasing
Slightly volatile
Accounts Payable7.2 BB11 B
Increasing
Slightly volatile
Receivables8.4 B8.6 B10.4 B
Increasing
Slightly volatile
Inventories1.6 B1.4 B1.4 B
Decreasing
Stable

Disney Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues60.7 B55.1 B59.4 B
Increasing
Slightly volatile
Cost of Revenue34.9 B30.3 B36.2 B
Increasing
Slightly volatile
Selling General and Administrative Expense9.9 B8.2 B10.6 B
Increasing
Slightly volatile
Operating Expenses14.8 B11.1 B16.4 B
Decreasing
Very volatile
Interest Expense525.5 M385 M737.2 M
Increasing
Slightly volatile
Income Tax Expense3.6 B4.4 B2.8 B
Decreasing
Slightly volatile
Net Loss Income from Discontinued Operations(705.1 M)(687 M)(82.5 M)
Decreasing
Slightly volatile
Consolidated Income7.9 B9.4 B6.5 B
Decreasing
Slightly volatile
Net Income to Non Controlling Interests398.4 M386 M445.4 M
Increasing
Stable
Net Income7.5 BBB
Decreasing
Slightly volatile
Net Income Common Stock7.5 BBB
Decreasing
Slightly volatile
Weighted Average Shares1.5 B1.6 B1.7 B
Decreasing
Very volatile
Weighted Average Shares Diluted1.6 B1.6 B1.7 B
Decreasing
Very volatile
Earning Before Interest and Taxes EBIT11.6 B13.8 B9.5 B
Decreasing
Slightly volatile
Revenues USD60.7 B55.1 B59.4 B
Increasing
Slightly volatile
Net Income Common Stock USD7.5 BBB
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD11.6 B13.8 B9.5 B
Decreasing
Slightly volatile
Gross Profit23.6 B24.8 B25.3 B
Decreasing
Slightly volatile
Operating Income11.3 B13.8 B9.1 B
Decreasing
Slightly volatile
Direct Expenses29.7 B30.3 B35.8 B
Increasing
Slightly volatile

Disney Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(404.9 M)(375.3 M)(2.7 B)
Decreasing
Stable
Net Cash Flow Investment Acquisitions and Disposals129.8 M126.5 M200.5 M
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 3.1 B3.7 B354.8 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares(9.3 B)(9.1 B)(4.3 B)
Increasing
Stable
Net Cash Flow from Operations10.5 B12.3 B9.5 B
Decreasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 33.4 M31 M(31.7 M)
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(714.3 M)(696 M)(809.8 M)
Decreasing
Slightly volatile
Share Based Compensation456.7 M364 M477.6 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion3.2 B2.8 B3.5 B
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share4.725.733.6351
Decreasing
Slightly volatile
Earnings per Diluted Share4.685.693.6149
Decreasing
Slightly volatile
Earnings per Basic Share USD4.725.733.6351
Decreasing
Slightly volatile
Dividends per Basic Common Share1.621.791.2301
Increasing
Slightly volatile
Return on Average Equity0.170.210.13
Decreasing
Slightly volatile
Return on Average Assets0.08140.0970.0624
Decreasing
Slightly volatile
Return on Invested Capital0.210.240.1698
Decreasing
Slightly volatile
Gross Margin0.440.450.4498
Decreasing
Slightly volatile
Profit Margin0.140.1630.1088
Decreasing
Slightly volatile
EBITDA Margin0.260.3010.2299
Decreasing
Slightly volatile
Return on Sales0.210.250.1719
Decreasing
Slightly volatile
Asset Turnover0.530.5930.4946
Decreasing
Slightly volatile
Payout Ratio0.190.24(0.0088)
Decreasing
Stable
Enterprise Value over EBITDA15.6310.2622.3751
Increasing
Slightly volatile
Enterprise Value over EBIT12.9512.047.1498
Increasing
Slightly volatile
Price to Earnings Ratio21.6717.20272.2041
Increasing
Slightly volatile
Sales per Share37.1335.16434.6494
Increasing
Slightly volatile
Price to Sales Ratio3.182.8033.4356
Increasing
Slightly volatile
Price to Book Value3.693.6823.398
Increasing
Slightly volatile
Debt to Equity Ratio1.231.2291.1338
Increasing
Slightly volatile
Dividend Yield0.01310.01440.0123
Decreasing
Stable
Current Ratio0.870.8111.021
Decreasing
Slightly volatile
Free Cash Flow per Share6.05.5613.4258
Decreasing
Stable
Book Value per Share32.4826.34935.0269
Increasing
Slightly volatile
Tangible Assets Book Value per Share38.9236.58737.7917
Increasing
Slightly volatile
Total Assets Per Share60.9763.143778.8304
Increasing
Slightly volatile
Cash Flow Per Share7.488.13655.8905
Decreasing
Stable
Return on Investment19.7721.185613.8465
Decreasing
Slightly volatile
Operating Margin23.6624.983216.7281
Decreasing
Slightly volatile
Calculated Tax Rate34.3232.833422.5811
Decreasing
Slightly volatile
Receivables Turnover6.936.2486.0467
Decreasing
Slightly volatile
Inventory Turnover21.1521.93725.0967
Increasing
Slightly volatile
PPandE Turnover2.261.98332.1156
Decreasing
Stable
Cash and Equivalents Turnover13.6112.81759.4693
Decreasing
Slightly volatile
Accounts Payable Turnover8.477.66886.7613
Decreasing
Slightly volatile
Accrued Expenses Turnover32.3531.008727.2356
Decreasing
Slightly volatile
Interest Coverage38.735.779229.2927
Decreasing
Slightly volatile
Long Term Debt to Equity0.40.46280.4469
Increasing
Slightly volatile
Quick Ratio0.690.64520.837
Decreasing
Very volatile
Net Current Assets as percentage of Total Assets(3.97)(3.8689)0.114
Decreasing
Slightly volatile
Revenue to Assets0.60.57560.4941
Decreasing
Slightly volatile

Disney Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax11.1 B13.4 B8.8 B
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA14.3 B16.6 B13 B
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD14.3 B16.6 B13 B
Decreasing
Slightly volatile
Market Capitalization177.1 B152.1 B210 B
Increasing
Slightly volatile
Enterprise Value199.1 B170 B235 B
Increasing
Slightly volatile
Invested Capital65.7 B59 B67.5 B
Increasing
Slightly volatile
Average Equity53.9 B42.7 B60.4 B
Increasing
Slightly volatile
Average Assets115.5 B93 B134.1 B
Increasing
Slightly volatile
Invested Capital Average65.2 B57.5 B68 B
Increasing
Slightly volatile
Tangible Asset Value63.7 B57.4 B65 B
Increasing
Slightly volatile
Free Cash FlowB8.7 B5.5 B
Decreasing
Stable
Working Capital(3.8 B)(3.7 B)590.7 M
Decreasing
Stable
Revenue Per Employee266.6 K277.8 K309 K
Increasing
Slightly volatile
Net Income Per Employee43.9 K45.2 K31.9 K
Decreasing
Slightly volatile

Disney Fundamental Market Drivers

Forward Price Earnings19.73
Short Percent Of Float1.15%
Average Daily Volume Last 10 Day8.56M
Shares Short Prior Month23.27M
Average Daily Volume In Three Month12.13M
Date Short Interest15th of July 2022
Fifty Day Average100.37
Two Hundred Day Average132.74

Disney Upcoming Events

Upcoming Quarterly Report9th of February 2022
Next Financial Report12th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of November 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Disney Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Disney income statement, its balance sheet, and the statement of cash flows. Disney investors use historical funamental indicators, such as Disney's revenue or net income, to determine how well the company is positioned to perform in the future. Although Disney investors may use each financial statement separately, they are all related. The changes in Disney's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Disney's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Disney Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Disney. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue4.6 B4.6 B
Cost of Revenue30.3 B34.9 B
Revenues55.1 B60.7 B
Revenue to Assets 0.58  0.60 
Revenue Per Employee277.8 K266.6 K
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The Walt Disney Company was founded in 1923 and is based in Burbank, California. Disney operates under Entertainment classification in the United States and is traded on New York Stock Exchange. It employs 152000 people.

Disney Investors Sentiment

The influence of Disney's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Disney. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Disney's public news can be used to forecast risks associated with investment in Disney. The trend in average sentiment can be used to explain how an investor holding Disney can time the market purely based on public headlines and social activities around Walt Disney. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Disney's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Disney's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Disney's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Disney.

Disney Implied Volatility

    
  58.33  
Disney's implied volatility exposes the market's sentiment of Walt Disney stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Disney's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Disney stock will not fluctuate a lot when Disney's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Disney in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Disney's short interest history, or implied volatility extrapolated from Disney options trading.

Pair Trading with Disney

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Disney position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Disney will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Disney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Disney when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Disney - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Walt Disney to buy it.
The correlation of Disney is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Disney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walt Disney moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Disney can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Disney Correlation against competitors. Note that the Walt Disney information on this page should be used as a complementary analysis to other Disney's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Disney Stock analysis

When running Walt Disney price analysis, check to measure Disney's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to predict the probability of Disney's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.
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Is Disney's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Disney. If investors know Disney will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Disney listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.48
Market Capitalization
194.2 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0176
Return On Equity
0.0313
The market value of Walt Disney is measured differently than its book value, which is the value of Disney that is recorded on the company's balance sheet. Investors also form their own opinion of Disney's value that differs from its market value or its book value, called intrinsic value, which is Disney's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Disney's market value can be influenced by many factors that don't directly affect Disney's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Disney's value and its price as these two are different measures arrived at by different means. Investors typically determine Disney value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Disney's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.