SuperworthWalt Disney profit margin DIS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 8.7%
- Operating margin, 12 months
- 15.2%
- Net margin on a year earlier
- −3.5 pts
- Peer median
- 8.1%
Over the twelve months to Jun 27, 2026, Walt Disney kept 8.7% of its revenue as net profit, with an operating margin of 15.2% and a gross margin of 37.6%.
Five years earlier its net margin was 1.8%.
The median for 6 entertainment stocks of a similar size is 8.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 13.1% | 14.6% | 37.8% |
| FY2024 | 5.4% | 13.0% | 35.8% |
| FY2023 | 2.6% | 10.1% | 33.4% |
| FY2022 | 3.8% | 8.2% | 34.2% |
| FY2021 | 3.0% | 5.4% | 33.1% |
| FY2020 | −4.4% | 5.8% | 32.9% |
| FY2019 | 15.9% | 100.0% | 39.6% |
| FY2018 | 21.2% | 43.9% | 44.9% |
| FY2017 | 16.3% | 100.0% | 45.0% |
| FY2016 | 16.9% | 100.0% | 46.1% |
| FY2015 | 16.0% | 100.0% | 45.9% |
| FY2014 | 15.4% | 100.0% | 45.9% |
| FY2013 | 13.6% | 100.0% | n/a |
| FY2012 | 13.4% | 20.7% | n/a |
| FY2011 | 11.8% | 18.9% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 8.7% | −3.5 pts | 15.2% | |
| Q2 FY26 | 11.5% | +2.1 pts | 14.3% | |
| Q1 FY26 | 12.8% | +6.7 pts | 14.2% | |
| Q4 FY25 | 13.1% | +7.7 pts | 14.6% | |
| Q3 FY25 | 12.2% | +6.9 pts | 14.8% | |
| Q2 FY25 | 9.5% | +7.6 pts | 14.6% | |
| Q1 FY25 | 6.1% | +2.7 pts | 14.1% | |
| Q4 FY24 | 5.4% | +2.8 pts | 13.0% | |
| Q3 FY24 | 5.3% | +2.7 pts | 12.5% | |
| Q2 FY24 | 1.9% | −2.8 pts | 11.8% | |
| Q1 FY24 | 3.4% | −0.6 pts | 11.2% | |
| Q4 FY23 | 2.6% | −1.2 pts | 10.1% |
Against its peers
Companies in Entertainment nearest Walt Disney's size, closest first, today.
| Company | Profit margin |
|---|---|
| DISWalt Disney | 8.7% |
| NFLXNetflix | 29.7% |
| LYVLive Nation Entertainment | 0.5% |
| TKOTKO | 4.3% |
| FOXAFox | 9.8% |
| ROKURoku | 6.8% |
| FWONKLiberty Media | 9.4% |
| Peer median | 8.1% |
Where Walt Disney ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Walt Disney
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.