The Walt Disney Co (The Walt Disney Co) Gross Profit : $30,533 Mil (TTM As of Dec. 2023)

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What is The Walt Disney Co Gross Profit?

The Walt Disney Co's gross profit for the three months ended in Dec. 2023 was $7,962 Mil. The Walt Disney Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $30,533 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The Walt Disney Co's gross profit for the three months ended in Dec. 2023 was $7,962 Mil. The Walt Disney Co's Revenue for the three months ended in Dec. 2023 was $23,549 Mil. Therefore, The Walt Disney Co's Gross Margin % for the quarter that ended in Dec. 2023 was 33.81%.

The Walt Disney Co had a gross margin of 33.81% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of The Walt Disney Co was 46.09%. The lowest was 32.89%. And the median was 42.26%.

Warning Sign:

The Walt Disney Co gross margin has been in long-term decline. The average rate of decline per year is -5.3%.

The Walt Disney Co Gross Profit Historical Data

The historical data trend for The Walt Disney Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Walt Disney Co Gross Profit Chart

The Walt Disney Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross Profit

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27,546.00

21,508.00

22,287.00

28,321.00

29,697.00

The Walt Disney Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															7,126.00	7,199.00	7,859.00	7,513.00	7,962.00

Competitive Comparison of The Walt Disney Co's Gross Profit

For the Entertainment subindustry, The Walt Disney Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Walt Disney Co's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Walt Disney Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where The Walt Disney Co's Gross Profit falls into.

The Walt Disney Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

The Walt Disney Co's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	88898	-	59201
	=	29,697

The Walt Disney Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	23549	-	15587
	=	7,962

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $30,533 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

The Walt Disney Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	7,962	/	23549
	=	33.81 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

The Walt Disney Co (NYSE:DIS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

The Walt Disney Co had a gross margin of 33.81% for the quarter that ended in Dec. 2023 => Competition eroding margins

The Walt Disney Co Gross Profit Related Terms

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The Walt Disney Co (The Walt Disney Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Walt Disney Co (NYSE:DIS) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

DIS:Mexico DIS_KZ:Kazakhstan 1DIS:Italy WDPd:UK 0QZO:UK WDP0:Germany WDP:Germany WDP:Germany WDP:Germany WDP:Germany DIS:Chile DIS:Canada DISB34:Brazil DIS:Austria DIS:Argentina

Address

500 South Buena Vista Street, Burbank, CA, USA, 91521

Website

https://www.thewaltdisneycompany.com

Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.

Executives

Sonia L Coleman	officer: Sr. EVP and Chief HR Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Brent Woodford	officer: EVP, Control, Fin Plan & Tax	1441 GARDINER LANE, LOUISVILLE KY 40213
Amy Chang	director	2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063
Kevin A Lansberry	officer: Interim Chief Finan Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Christine M Mccarthy	officer: SEVP-Chief Financial Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0964
Carolyn Everson	director	C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713
Kristina K Schake	officer: Sr. EVP and Chief Comm Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Horacio E Gutierrez	officer: Sr EVP, General Counsel & Secy	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Geoff Morrell	officer: SEVP Chf Corp Affairs Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Robert A Chapek	officer: Chief Executive Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Paul J Richardson	officer: Sr. EVP and Chief HR Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Calvin Mcdonald	director	C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Robert A Iger	director, officer: Chairman and CEO	C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1062
Zenia B. Mucha	officer: SEVP Corporate Communications	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Mary Jayne Parker	officer: SEVP and Chief HR Officer	500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0966