The Walt Disney Co (WBO:DIS) EBIT: €12,114 Mil (TTM As of Mar. 2026)


WBO:DIS The Walt Disney Co WBO:DIS
80 GF Score
Price €91.39
GF Value €101.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is The Walt Disney Co EBIT?

The Walt Disney Co WBO:DIS +1.21% 80 EBIT is €12,114 Mil as of Mar. 2026. GuruFocus rates WBO:DIS with a GF Score™ of 80/100 and a GF Value™ of €101.52 (Modestly Undervalued). The stock has 3 warning signs investors should review.

The Walt Disney Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €3,322 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €12,114 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Walt Disney Co's annualized ROC % for the quarter that ended in Mar. 2026 was 5.71%. The Walt Disney Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 35.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Walt Disney Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.16%.

The Walt Disney Co  (WBO:DIS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Walt Disney Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=13109.94 * ( 1 - 26.79% )/( (165785.312 + 170301.2)/ 2 )
=9597.787074/168043.256
=5.71 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=172584.006 - 17542.014 - ( 4849.012 - max(0, 32491.284 - 21747.964+4849.012))
=165785.312

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=177512.705 - 17266.265 - ( 4914.93 - max(0, 31332.895 - 21278.135+4914.93))
=170301.2

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

The Walt Disney Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13286.4/( ( (36891.092 + max(-6352.906, 0)) + (38280.575 + max(-7282.435, 0)) )/ 2 )
=13286.4/( ( 36891.092 + 38280.575 )/ 2 )
=13286.4/37585.8335
=35.35 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12856.116 + 1842.078 + 2200.758) - (17542.014 + 0 + 5709.844)
=-6352.906

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12447.35 + 1799.2 + 2116.655) - (17266.265 + 0 + 6379.375)
=-7282.435

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Walt Disney Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=12114.199/196649.401
=6.16 %

* 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.

The Walt Disney Co EBIT Related Terms

The Walt Disney Co EBIT Historical Data

* Premium members only.

The historical data trend for The Walt Disney Co's EBIT 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.

The Walt Disney Co EBIT Chart

The Walt Disney Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,371.95 6,902.34 6,317.25 8,684.74 11,770.38

The Walt Disney Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial 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 3,291.15 3,163.68 2,096.77 3,532.14 3,321.60

WBO:DIS vs WBD, LYV, FOXA: EBIT Comparison

For the Entertainment subindustry, The Walt Disney Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Media - Diversified Industry

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

* The bar in red indicates where The Walt Disney Co's EV-to-EBIT falls into.


WBO:DIS
80GF Score
The Walt Disney Co WBO:DIS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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The Walt Disney Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €12,114 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €12,114 Mil mean?
The Walt Disney Co (WBO:DIS) has a EBIT of €12,114 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Walt Disney Co.
Is The Walt Disney Co's EBIT too high?
The Walt Disney Co's current EBIT is €12,114 Mil. Overall, The Walt Disney Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Walt Disney Co's EBIT compare to WBD and LYV?
The Walt Disney Co's EBIT of €12,114 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Media - Diversified company?
A good EBIT depends on the Media - Diversified industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The Walt Disney Co. The Walt Disney Co's current EBIT is €12,114 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Walt Disney Co stock overvalued right now?
Based on GuruFocus' analysis, The Walt Disney Co (WBO:DIS) is currently considered Modestly Undervalued. The stock's GF Value™ is €101.52, compared to a current price of €91.39 — trading 10% below its estimated fair value. The current EBIT is €12,114 Mil. The Walt Disney Co's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For The Walt Disney Co (WBO:DIS), the current EBIT is €12,114 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Walt Disney Co (WBO:DIS) Overvalued in 2026?

Based on GuruFocus' analysis, The Walt Disney Co stock appears to be undervalued. The current stock price of €91.39 is trading 10% below its estimated GF Value™ of €101.52. GuruFocus considers The Walt Disney Co to be Modestly Undervalued.

Key valuation signals for WBO:DIS:

  • EBIT: €12,114 Mil
  • GF Value™: €101.52 vs. price of €91.39 (10% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the WBO:DIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Walt Disney Co Business Description

Address 500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm's ownership of iconic franchises and characters. 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 the ESPN family of TV networks and streaming services. Experiences contains Disney's theme parks, cruises, and vacation destinations and also engages in merchandise licensing.
80GF Score

Get the complete analysis for WBO:DIS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€91.39
Price
€101.52
GF Value