Walt Disney Co

10-K & 10-Q Filings

The Walt Disney Company is a media and entertainment company with a diverse portfolio of businesses that include theme parks and resorts, studio entertainment, television and streaming services, and consumer products. The company's business strategy focuses on creating and delivering content across various platforms and reaching audiences around the world. The company's executive officers include Robert A. Iger, who serves as Chief Executive Officer and a member of the Board of Directors. Other executives include Mary T. Barra, Safra A. Catz, Amy L. Chang, D. Jeremy Darroch, Francis A. deSouza, Carolyn N. Everson, Michael B. G. Froman, James P. Gorman, and Maria Elena Lagomasino. The Board of Directors consists of 11 members, including the incoming director, Michael B. G. Froman, who will join the Board on February 5, 2024. The Board has several committees, including Audit, Compensation, and Governance and Nominating. The Audit Committee is chaired by Safra A. Catz and is responsible for overseeing the Company's financial statements, internal controls, compliance with legal and regulatory requirements, internal audit function, and relationship with the independent auditor. The company's website is www.disney.com, and its ticker symbol is DIS. The company's business segments include: * Media Networks: includes cable and broadcasting networks, television production and distribution, and sports content * Parks, Experiences and Products: includes theme parks, resorts, consumer products, and other experiences * Studio Entertainment: includes film production and distribution, music, and stage plays * Direct-to-Consumer and International: includes streaming services, international media networks, and other international businesses. The company's mission is to entertain, inform, and inspire people around the world and to create and deliver content and experiences that make a positive impact on their lives.

12 mos ending Sep 29, 201212 mos ending Sep 28, 201312 mos ending Sep 27, 201412 mos ending Oct 03, 201512 mos ending Oct 01, 201612 mos ending Sep 30, 201712 mos ending Sep 29, 201812 mos ending Sep 28, 201912 mos ending Oct 03, 202012 mos ending Oct 02, 202112 mos ending Oct 01, 202212 mos ending Sep 30, 20233 mos ending Dec 31, 20223 mos ending Dec 30, 2023CAGR %YoY %Revenue (+)
$42278.00
45041.00
48813.00
52465.00
55632.00
55137.00
59434.00
69570.00
65388.00
67418.00
82722.00
88898.00
23512.00
23549.00
6.99%0.16%Cost of Revenue (-)
$
21356.00
23191.00
24653.00
25320.00
27528.00
42018.00
43880.00
45131.00
54401.00
59201.00
16386.00
15587.00
-4.88%Gross Profit (+)
$
27457.00
29274.00
30979.00
29817.00
31906.00
27552.00
21508.00
22287.00
28321.00
29697.00
7126.00
7962.00
11.73%Selling, General & Administrative (-)
$
8565.00
8523.00
8754.00
8176.00
8860.00
11541.00
12369.00
13517.00
16388.00
15336.00
3827.00
3783.00
-1.15%Depreciation & Amortization (-)
$
2288.00
2354.00
2527.00
2782.00
3011.00
4160.00
5345.00
5111.00
5163.00
5369.00
1306.00
1243.00
-4.82%Non-recurring Operating Expenses (-)
$100.00
214.00
140.00
53.00
156.00
98.00
33.00
1183.00
5735.00
654.00
237.00
3892.00
69.00
39.50%Operating Expenses (-)
$100.00
214.00
15917.00
16050.00
16621.00
15944.00
17069.00
16884.00
17714.00
18628.00
21788.00
20705.00
5202.00
5026.00
62.39%-3.38%Costs & Expenses (Total) (-)
$33515.00
35805.00
37273.00
39241.00
41274.00
41264.00
44597.00
116621.00
61594.00
63759.00
75952.00
79906.00
21519.00
20613.00
8.22%-4.21%Operating Income/Loss (+)
$8763.00
9236.00
11540.00
13224.00
14358.00
13873.00
14837.00
10668.00
3794.00
3659.00
6770.00
8992.00
1993.00
2936.00
0.23%47.32%Non-operating Income/Expense (+)
$866.00
619.00
823.00
814.00
926.00
398.00
499.00
4254.00
1689.00
962.00
149.00
878.00
149.00
181.00
0.13%21.48%Interest Expense (-)
$369.00
235.00
-23.00
117.00
260.00
385.00
574.00
978.00
1491.00
1406.00
1397.00
1209.00
300.00
246.00
11.39%-18.00%Earnings before Tax (+)
$9260.00
9620.00
12246.00
13868.00
14868.00
13788.00
14729.00
13944.00
-1743.00
2561.00
5285.00
4769.00
1773.00
2871.00
-5.85%61.93%Tax Expense (-)
$3087.00
2984.00
4242.00
5016.00
5078.00
4422.00
1663.00
3031.00
699.00
25.00
1732.00
1379.00
412.00
720.00
-7.06%74.76%Income/Loss (Continuing Operations) (+)
$6173.00
6636.00
8004.00
8852.00
9790.00
9366.00
13066.00
10913.00
-2442.00
2536.00
3553.00
3390.00
1361.00
2151.00
-5.30%58.05%Income/Loss (Discontinued Operations) (+)
$
671.00
-32.00
-29.00
-48.00
Profit/Loss (+)
$6173.00
6636.00
8004.00
8852.00
9790.00
9366.00
13066.00
11584.00
-2474.00
2507.00
3505.00
3390.00
1361.00
2151.00
-5.30%58.05%Net Income/Loss (NCI) (-)
$491.00
500.00
503.00
470.00
399.00
386.00
468.00
240.00
Net Income/Loss (+)
$5682.00
6136.00
7501.00
8382.00
9391.00
8980.00
12598.00
11054.00
-2864.00
1995.00
3145.00
2354.00
1279.00
1911.00
-7.70%49.41%Net Income/Loss (Common) (+)
$5682.00
6136.00
7501.00
8382.00
9391.00
8980.00
12598.00
11054.00
-2864.00
1995.00
3145.00
2354.00
1279.00
1911.00
-7.70%49.41%EPS (Basic)
$3.17
3.42
4.31
4.95
5.76
5.73
8.40
6.68
-1.58
1.10
1.73
1.29
0.70
1.04
-7.85%48.57%EPS (Diluted)
$3.13
3.38
4.26
4.90
5.73
5.69
8.36
6.64
-1.58
1.09
1.72
1.29
0.70
1.04
-7.74%48.57%Weighted Avg Shares (Basic)
1794.00
1792.00
1740.00
1694.00
1629.00
1568.00
1499.00
1656.00
1808.00
1816.00
1822.00
1828.00
1825.00
1832.00
0.17%0.38%Weighted Avg Shares (Diluted)
1818.00
1813.00
1759.00
1709.00
1639.00
1578.00
1507.00
1666.00
1808.00
1828.00
1827.00
1830.00
1827.00
1835.00
0.06%0.44%Cash
$3387.00
3931.00
3421.00
4269.00
4610.00
4017.00
4150.00
5418.00
17914.00
15959.00
11615.00
14182.00
8470.00
7192.00
13.90%-15.09%Receivables
$6540.00
6967.00
7822.00
8019.00
9065.00
8633.00
9334.00
15481.00
12708.00
13367.00
12652.00
12330.00
13993.00
14115.00
5.93%0.87%Inventory
$1537.00
1487.00
1574.00
1571.00
1390.00
1373.00
1392.00
1649.00
1583.00
1331.00
1742.00
1963.00
1830.00
1954.00
2.25%6.78%Other Assets (Current)
$2245.00
1724.00
2359.00
2899.00
1901.00
1866.00
1949.00
5576.00
3046.00
3000.00
3089.00
4288.00
2619.00
2710.00
6.06%3.47%Assets (Current)
$13709.00
14109.00
15176.00
16758.00
16966.00
15889.00
16825.00
28124.00
35251.00
33657.00
29098.00
32763.00
26912.00
25971.00
8.24%-3.50%Securities & Long-term Investments
$2723.00
2849.00
2696.00
2643.00
4280.00
3202.00
2899.00
3224.00
3903.00
3935.00
3218.00
3080.00
3169.00
3084.00
1.13%-2.68%Property, Plant & Equipment (Net)
$21512.00
22380.00
23332.00
25179.00
27349.00
28406.00
29540.00
31603.00
32078.00
32624.00
33596.00
34941.00
34200.00
35321.00
4.51%3.28%Accumulated Depreciation
$20687.00
22459.00
23722.00
24844.00
26849.00
29037.00
30764.00
32415.00
35517.00
37920.00
39356.00
42610.00
40641.00
43575.00
6.79%7.22%Goodwill & Intangibles
$30125.00
34694.00
35315.00
34998.00
34759.00
38421.00
38081.00
103508.00
96862.00
95186.00
92734.00
90128.00
92214.00
89705.00
10.48%-2.72%Other Assets
$6829.00
7209.00
7667.00
8604.00
8679.00
9871.00
11253.00
27525.00
33455.00
287.00
5629.00
2057.00
4988.00
118.00
-10.33%-97.63%Assets (Non-current)
$61189.00
67132.00
69010.00
71424.00
75067.00
79900.00
81773.00
165860.00
166298.00
169952.00
174533.00
172816.00
175212.00
171803.00
9.90%-1.95%Assets (Total)
$74898.00
81241.00
84186.00
88182.00
92033.00
95789.00
98598.00
193984.00
201549.00
203609.00
203631.00
205579.00
202124.00
197774.00
9.61%-2.15%Accounts Payable
$6393.00
6803.00
7595.00
7844.00
9130.00
8855.00
9479.00
17762.00
16801.00
20894.00
20213.00
20671.00
18149.00
18676.00
11.26%2.90%Debt (Current)
$3614.00
1512.00
2164.00
4563.00
3687.00
6172.00
3790.00
8857.00
5711.00
5866.00
3070.00
4330.00
3249.00
6087.00
1.66%87.35%Other Liabilities (Current)
$2806.00
3389.00
3533.00
3927.00
4025.00
4568.00
4591.00
4722.00
4116.00
4317.00
5790.00
6138.00
5672.00
6270.00
7.38%10.54%Liabilities (Current)
$12813.00
11704.00
13292.00
16334.00
16842.00
19595.00
17860.00
31341.00
26628.00
31077.00
29073.00
31139.00
27070.00
31033.00
8.41%14.64%Debt (Non-current)
$10697.00
12776.00
12676.00
12773.00
16483.00
19119.00
17084.00
38129.00
52917.00
48540.00
45299.00
42101.00
45128.00
41603.00
13.26%-7.81%Other Liabilities
$9430.00
8611.00
10040.00
10420.00
11385.00
12071.00
10822.00
30625.00
33741.00
30981.00
30380.00
28382.00
29791.00
19637.00
10.54%-34.08%Liabilities (Non-current)
$20127.00
21387.00
22716.00
23193.00
27868.00
31190.00
27906.00
68754.00
86658.00
79521.00
75679.00
70483.00
74919.00
61240.00
12.07%-18.26%Liabilities (Total)
$32940.00
33091.00
36008.00
39527.00
44710.00
50785.00
45766.00
100095.00
113286.00
110598.00
104752.00
101622.00
101989.00
92273.00
10.78%-9.53%Treasury Stock
$31671.00
34582.00
41109.00
47204.00
54703.00
64011.00
67588.00
907.00
907.00
907.00
907.00
907.00
907.00
907.00
-27.60%0.00%Retained Earnings
$42965.00
47758.00
53734.00
59028.00
66088.00
72606.00
82679.00
42494.00
38315.00
40429.00
43636.00
46093.00
44955.00
47490.00
0.64%5.64%AOCI
$-3266.00
-1187.00
-1968.00
-2421.00
-3979.00
-3528.00
-3097.00
-6617.00
-8322.00
-6440.00
-4119.00
-3292.00
-4478.00
-3502.00
21.80%Shareholder's Equity
$41958.00
48150.00
48178.00
48655.00
47323.00
45004.00
52832.00
93889.00
88263.00
93011.00
98879.00
103957.00
100135.00
105501.00
8.60%5.36%Liabilities & Equity
$74898.00
81241.00
84186.00
88182.00
92033.00
95789.00
98598.00
193984.00
201549.00
203609.00
203631.00
205579.00
202124.00
197774.00
9.61%-2.15%Net Income/Loss
$6173.00
6636.00
8004.00
8852.00
9790.00
9366.00
13066.00
2151.00
Depreciation & Amortization
$1987.00
2192.00
2288.00
2354.00
2527.00
2782.00
3011.00
4160.00
5345.00
5111.00
5163.00
5369.00
1306.00
1243.00
9.46%-4.82%Increase/Decrease in Working Capital
$1091.00
-103.00
272.00
-129.00
902.00
110.00
837.00
5644.00
645.00
-2194.00
-488.00
-177.00
4276.00
4016.00
-6.08%Share-based Compensation
$408.00
402.00
408.00
410.00
393.00
364.00
393.00
711.00
525.00
600.00
977.00
1143.00
270.00
308.00
9.82%14.07%Adjustments to Reconcile Net Income
$1845.00
2865.00
1776.00
2057.00
3524.00
2977.00
1229.00
-4387.00
4677.00
6469.00
8100.00
5393.00
-2894.00
34.00
10.24%101.17%Net Cash (Operating)
$7966.00
9452.00
9780.00
10909.00
13213.00
12343.00
14295.00
5984.00
7616.00
5566.00
6002.00
9866.00
-974.00
2185.00
1.96%324.33%Capital Expenditure
$4857.00
4842.00
3318.00
4099.00
5578.00
4040.00
6046.00
14777.00
4022.00
3578.00
4943.00
4969.00
1181.00
1299.00
0.21%9.99%Net Cash (Investing)
$-4759.00
-4676.00
-3345.00
-4245.00
-5758.00
-4111.00
-5336.00
-15096.00
-3850.00
-3171.00
-5008.00
-4641.00
-1292.00
-1246.00
3.56%Increase/Decrease in Debt
$424.00
379.00
633.00
2705.00
2940.00
3703.00
-2583.00
3677.00
11233.00
-3699.00
-4017.00
-1783.00
-134.00
737.00
650.00%Increase/Decrease in Equity
$-3015.00
-4087.00
-6527.00
-6095.00
-7499.00
-9368.00
-3367.00
318.00
305.00
435.00
127.00
52.00
Interest Expenses
$718.00
316.00
310.00
314.00
395.00
466.00
631.00
1142.00
1559.00
1892.00
1685.00
2110.00
10.30%Dividends Paid
$1076.00
1324.00
1508.00
3063.00
2313.00
2445.00
2515.00
2895.00
1587.00
Net Cash (Financing)
$-2985.00
-4214.00
-6710.00
-5514.00
-6991.00
-8959.00
-8843.00
-464.00
8480.00
-4385.00
-4729.00
-2724.00
-1043.00
-8006.00
-667.59%Cash Taxes Paid
$2630.00
2531.00
3483.00
4396.00
4133.00
3801.00
2503.00
9259.00
738.00
1638.00
1097.00
1193.00
-6.93%Effect of Exchange Rate
$-20.00
-18.00
-235.00
-302.00
-123.00
31.00
-25.00
-98.00
38.00
30.00
-603.00
73.00
164.00
79.00
-51.83%Increase/Decrease in Cash
$202.00
544.00
-510.00
848.00
341.00
91.00
1300.00
12499.00
-1951.00
-4342.00
2574.00
-3145.00
-6988.00
26.03%-122.19%Cash (Beginning)
$3185.00
3387.00
3931.00
3421.00
4269.00
4064.00
4155.00
5455.00
17954.00
16003.00
11661.00
11661.00
14235.00
12.52%22.07%Cash (Ending)
$3387.00
3931.00
3421.00
4269.00
4610.00
4155.00
5455.00
17954.00
16003.00
11661.00
14235.00
8516.00
7247.00
13.94%-14.90%NOPAT
$6274.16
6806.03
8257.80
9032.14
10366.77
10048.57
12315.65
3584.31
2187.59
1318.73
5364.76
6742.59
1529.88
2199.70
0.66%43.78%Gross Margin %
56.25%
55.80%
55.69%
54.08%
53.68%
39.60%
32.89%
33.06%
34.24%
33.41%
30.31%
33.81%
Operating Margin %
20.73%
20.51%
23.64%
25.21%
25.81%
25.16%
24.96%
15.33%
5.80%
5.43%
8.18%
10.11%
8.48%
12.47%
NOPAT Margin %
14.84%
15.11%
16.92%
17.22%
18.63%
18.22%
20.72%
5.15%
3.35%
1.96%
6.49%
7.58%
6.51%
9.34%
Net Margin %
13.44%
13.62%
15.37%
15.98%
16.88%
16.29%
21.20%
15.89%
-4.38%
2.96%
3.80%
2.65%
5.44%
8.11%
Tax Rate %
28.40%
26.31%
28.44%
31.70%
27.80%
27.57%
16.99%
66.40%
42.34%
63.96%
20.76%
25.02%
23.24%
25.08%
ROA
8.38%
8.38%
9.81%
10.24%
11.26%
10.49%
12.49%
1.85%
1.09%
0.65%
2.63%
3.28%
0.76%
1.11%
ROE
14.95%
14.14%
17.14%
18.56%
21.91%
22.33%
23.31%
3.82%
2.48%
1.42%
5.43%
6.49%
1.53%
2.09%
ROIC
11.34%
11.16%
13.30%
14.06%
15.70%
14.41%
17.41%
2.61%
1.67%
1.04%
4.26%
5.42%
1.24%
1.81%
Asset Turnover
0.56
0.55
0.58
0.59
0.60
0.58
0.60
0.36
0.32
0.33
0.41
0.43
0.12
0.12
Inventory Turnover
13.57
14.76
17.74
18.44
19.78
25.48
27.72
33.91
31.23
30.16
8.95
7.98
Equity Multiplier
1.79
1.69
1.75
1.81
1.94
2.13
1.87
2.07
2.28
2.19
2.06
1.98
2.02
1.87
Current Ratio
1.07
1.21
1.14
1.03
1.01
0.81
0.94
0.90
1.32
1.08
1.00
1.05
0.99
0.84
Quick Ratio
0.77
0.93
0.85
0.75
0.81
0.65
0.75
0.67
1.15
0.94
0.83
0.85
0.83
0.69
Debt/Equity Ratio
0.34
0.30
0.31
0.36
0.43
0.56
0.40
0.50
0.66
0.58
0.49
0.45
0.48
0.45
Interest Coverage Ratio
12.20
29.23
37.23
42.11
36.35
29.77
23.51
9.34
2.43
1.93
4.02
4.26
Working Capital/Sales
0.09
0.09
0.07
0.08
0.07
0.05
0.05
0.03
0.03
-0.02
-0.01
-0.01
-0.12
-0.14
Dividend Payout Ratio %
17.15%
19.45%
18.26%
33.91%
22.31%
24.33%
20.42%
80.77%
72.55%
Total Payout
$4385.00
5348.00
7712.00
6767.00
7267.00
8576.00
9096.00
42.00
-8392.00
5156.00
5575.00
3841.00
134.00
-737.00
-1.20%-650.00%Payout Ratio %
69.89%
78.58%
93.39%
74.92%
70.10%
85.35%
73.86%
1.17%
-383.62%
390.98%
103.92%
56.97%
8.76%
-33.50%