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The Walt Disney Co (NYSE:DIS) ROE %

: 0.69% (As of Sep. 2022)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Walt Disney Co's annualized net income for the quarter that ended in Sep. 2022 was $648 Mil. The Walt Disney Co's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was $93,754 Mil. Therefore, The Walt Disney Co's annualized ROE % for the quarter that ended in Sep. 2022 was 0.69%.

The historical rank and industry rank for The Walt Disney Co's ROE % or its related term are showing as below:

DIS' s ROE % Range Over the Past 10 Years
Min: -3.32   Med: 16.33   Max: 27.97
Current: 3.44

During the past 13 years, The Walt Disney Co's highest ROE % was 27.97%. The lowest was -3.32%. And the median was 16.33%.

DIS's ROE % is ranked worse than
53.13% of 960 companies
in the Media - Diversified industry
Industry Median: 4.18 vs DIS: 3.44

The Walt Disney Co ROE % Historical Data

The historical data trend for The Walt Disney Co's ROE % 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.

* Premium members only.

The Walt Disney Co Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.97 16.06 -3.32 2.32 3.43

The Walt Disney Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 4.95 2.08 6.15 0.69

Competitive Comparison

For the Entertainment subindustry, The Walt Disney Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution

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

* The bar in red indicates where The Walt Disney Co's ROE % falls in comparison to its industry or sector. The grey bar indicates the ROE %'s extreme value range as defined by GuruFocus.



The Walt Disney Co ROE % Calculation

The Walt Disney Co's annualized ROE % for the fiscal year that ended in Sep. 2022 is calculated as

ROE %=Net Income (A: Sep. 2022 )/( (Total Stockholders Equity (A: Sep. 2021 )+Total Stockholders Equity (A: Sep. 2022 ))/ count )
=3145/( (88553+95008)/ 2 )
=3145/91780.5
=3.43 %

The Walt Disney Co's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=648/( (92500+95008)/ 2 )
=648/93754
=0.69 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2022) net income data. ROE % is displayed in the 30-year financial page.


The Walt Disney Co  (NYSE:DIS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=648/93754
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(648 / 80600)*(80600 / 203852.5)*(203852.5 / 93754)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.8 %*0.3954*2.1743
=ROA %*Equity Multiplier
=0.32 %*2.1743
=0.69 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=648/93754
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (648 / 1504) * (1504 / 2168) * (2168 / 80600) * (80600 / 203852.5) * (203852.5 / 93754)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4309 * 0.6937 * 2.69 % * 0.3954 * 2.1743
=0.69 %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


The Walt Disney Co ROE % Related Terms

Thank you for viewing the detailed overview of The Walt Disney Co's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Walt Disney Co (NYSE:DIS) Business Description

The Walt Disney Co logo
Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Walt Disney owns the rights to some of the most globally recognized characters, from Mickey Mouse to Luke Skywalker. These characters and others are featured in several Disney theme parks around the world. Disney makes live-action and animated films under studios such as Pixar, Marvel, and Lucasfilm and also operates media networks including ESPN and several TV production studios. Disney shifted into a more streaming-focused firm by acquiring the remainder of Hulu and launching Disney+ and ESPN+. Across its streaming platforms, Disney had over 235 million subscribers as of September 2022, up sharply from under 64 million in December 2019.
Executives
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
Paul J Richardson officer: Sr. EVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Amy Chang director 2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063
Calvin Mcdonald director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Robert A Chapek officer: Chief Executive Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Maria Elena Lagomasino director 345 PARK AVENUE 5TH FL, NEW YORK NY 10154
Mark G Parker director ONE BOWERMAN DR, BEAVERTON OR 97005
Mary T Barra director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Froman Michael B. G. director 2000 PURCHASE STREET, PURCHASE NY 10577
Alan N Braverman officer: Sr EVP, General Counsel & Secy 500 SOUTH BUENA VISTA ST, BURBANK CA 91521-1030
Christine M Mccarthy officer: SEVP-Chief Financial Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0964
Mary Jayne Parker officer: SEVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0966

The Walt Disney Co (NYSE:DIS) Headlines

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