Walt Disney DIS
- Market cap
- $194.3B
- PE
- 23.2×
- 10y median 21.6×
- Forward PE
- 14.9×
- 10y median 21.0×
- Price to sales
- 2.0×
- EV/EBIT
- 17.8×
- Revenue, 12 months
- $98.9B
- +5% on a year ago
- Net margin
- 8.7%
- Free cash flow yield
- 4.3%
Walt Disney trades at 23.2× trailing earnings, near its ten-year median. Revenue was $98.9B over the last twelve months, up 5% on a year earlier with a 9% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $21.2B+5% | $23.5B+0% | $22.1B+1% | $23.2B+4% | $22.6B+6% | $24.7B+5% | $23.6B+7% | $23.6B+2% | $22.5B−1% | $26B+5% | $25.2B+7% | $25.2B+7% | |
| Cost of revenue | $13.7B+1% | $15.6B−5% | $14.2B−3% | $14.7B+2% | $14.2B+4% | $15.4B−1% | $14.8B+5% | $14.5B−1% | $14B−2% | $16.7B+8% | $15.9B+7% | $15.1B+4% |
| Gross profit | $7.5B+14% | $8B+12% | $7.9B+10% | $8.4B+8% | $8.3B+11% | $9.3B+17% | $8.8B+11% | $9.1B+8% | $8.4B+1% | $9.3B+0% | $9.3B+5% | $10.1B+11% |
| SG&A | $4B−15% | $3.8B−1% | $3.8B+5% | $3.9B−0% | $4.3B+7% | $3.9B+4% | $4B+5% | $4.1B+7% | $4.4B+3% | $4.1B+5% | $4.1B+2% | $4B−4% |
| $2.1B+284% | $2.9B+47% | $2.9B+27% | $3.4B+27% | $2.7B+32% | $4.1B+39% | $3.5B+22% | $3.6B+9% | $2.6B−5% | $3.9B−5% | $3.8B+8% | $4.8B+31% | |
| Interest expense | $501M+15% | $528M+14% | $501M−1% | $509M+1% | $532M+6% | $487M−8% | $471M−6% | $438M−14% | $416M−22% | $443M−9% | $473M+0% | $463M+6% |
| Pre-tax income | $1B+168% | $2.9B+62% | $657M−69% | $3.1B | $948M−6% | $3.7B+28% | $3.1B+370% | $3.2B+4% | $2B+116% | $3.7B+1% | $3.4B+9% | $3.6B+14% |
| $313M+157% | $720M+75% | $441M−31% | $251M+1221% | $384M+23% | $1B+41% | −$314M | −$2.7B | $602M+57% | $1.2B+19% | $902M | $801M | |
| Net income | $264M+63% | $1.9B+49% | −$20M | $2.6B | $460M+74% | $2.6B+34% | $3.3B | $5.3B+101% | $1.3B+185% | $2.4B−6% | $2.2B−31% | $2.6B−50% |
| $0.14+56% | $1.04+49% | −$0.01 | $1.43 | $0.25+79% | $1.40+35% | $1.81 | $2.92+104% | $0.73+192% | $1.34−4% | $1.27−30% | $1.51−48% | |
| 1.8B+0% | 1.8B+0% | 1.8B+0% | 1.8B+0% | 1.8B−1% | 1.8B−1% | 1.8B−1% | 1.8B−1% | 1.8B−1% | 1.8B−1% | 1.8B−2% | 1.7B−3% |
Gross profit: 50 periods, Q1 FY14 to Q3 FY26: not printed by the filing, worked out from its own lines.
Operating income: 73 periods, Q3 FY08 to Q3 FY26: not printed by the filing, worked out from its own lines.
Net income: 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: Q4 FY08: quarter's net income to common over its shares, to the cent. 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: 11 periods, Q4 FY08 to Q4 FY19: share-days: the 12-month average less the 9-month, weighted by days. 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release. Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $25.2B | $24.6B to $25.9B | $1.69 | $1.61 to $1.82 | 16 |
| Q1 FY27 | $27.7B | $27.1B to $28.2B | $1.96 | $1.90 to $2.09 | 7 |
| Q2 FY27 | $27.1B | $26.6B to $27.8B | $1.85 | $1.80 to $1.91 | 5 |
| Q3 FY27 | $26.3B | $25.8B to $27.1B | $2.06 | $2.01 to $2.13 | 4 |
| Q4 FY27 | $25.2B | $24.7B to $25.9B | $1.65 | $1.61 to $1.71 | 3 |
| Q1 FY28 | $29B | $28.5B to $29.8B | $2.20 | $2.15 to $2.28 | 2 |
| Q2 FY28 | $27.7B | $27.2B to $28.4B | $1.92 | $1.87 to $1.99 | 3 |
| Q3 FY28 | $27.8B | $27.2B to $28.5B | $2.23 | $2.17 to $2.30 | 3 |
Peers
Companies in Entertainment nearest Walt Disney's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| DISWalt Disney | $194.3B | 23.2× | 21.6× | 14.9× | 2.0× | +5% | 8.7% |
| NFLXNetflix | $274.2B | 19.0× | 59.0× | 18.3× | 5.5× | +15% | 29.7% |
| LYVLive Nation Entertainment | $40.9B | n/m | 92.2× | 149× | 1.6× | +11% | 0.5% |
| TKOTKO | $32.8B | 60.7× | 81.4× | n/m | 6.2× | +5% | 4.3% |
| FOXAFox | $27.9B | 17.3× | 13.7× | 11.2× | 1.6× | +5% | 9.8% |
| ROKURoku | $23.5B | 67.8× | 101× | 48.7× | 4.5× | +19% | 6.8% |
| FWONKLiberty Media | $22.4B | n/m | 20.6× | 42.0× | 5.2× | +12% | 9.4% |
| Peer median | $30.4B | 39.9× | 70.2× | 42.0× | 4.8× | +11% | 8.1% |
Investors who own it
Investors we follow who held Walt Disney at the end of Jun 30, 2026, from their 13F filings.
- Andreas HalvorsenViking Global Investors2.0% of portfoliotrimmed
- Chris BloomstranSemper Augustus1.7% of portfolioadded
- François RochonGiverny Capital1.7% of portfoliotrimmed
- Tom GaynerMarkel Group1.5% of portfolio
- Dan SundheimD1 Capital Partners0.8% of portfolioadded
- Tom RussoGardner Russo & Quinn0.0% of portfoliotrimmed
More on Walt Disney
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #8of 51Entertainment stocks with the highest profit margins
- #7of 15Communication services stocks with the lowest forward PE
Its groups
About
- Industry
- Entertainment
- Sector
- Communication Services
Valuation data, not investment advice. Prices as of .