Disney
DIS NYSE· Movies & Entertainment
Last close · Oct 26, 2026
$110.40
KIRA · Stoqly’s AI analyst, in plain words
- Disney had $94.4B of revenue in fiscal 2025, up 3.4% on the year before. Over five years, revenue changed +7.6% a year on average.
- Its operating margin was 18.6%, up 1.5 pts: of every 100 in sales, about 19 is left after running the business.
- Disney made $12.4B of net profit in fiscal 2025. From fiscal 2017 to 2025, diluted EPS grew 2.3% a year.
- Free cash flow was $10.1B in fiscal 2025, 10.7% of revenue.
- Disney returned $5.3B to shareholders in fiscal 2025, 53% of free cash flow. The diluted share count fell 1.1%.
- Disney owes $36.5B more than it holds in cash, about 1.6 years of operating profit.
Market cap
$192.4B
P/E
22.8x
Revenue
$94.4B
Net income
$12.4B
Free cash flow
$10.1B
Operating margin
18.6%
Disney in 30 seconds · fiscal 2025
Are sales growing?
+3.4%
Only a little. Sales grew 3.4% last year.
Does it make a profit?
13.1%
Yes. It keeps 13.1% of every sale as profit.
Does profit turn into cash?
10.7%
Yes. 10.7% of sales ends up as free cash.
Is debt under control?
1.6x
Keep an eye on it. Repaying its debt would take 1.6 years of operating profit.
How healthy are the accounts?
7 / 8
Solid. It passes 7 of 8 health tests.
How is the share priced?
22.8x
One share costs 22.8 times its yearly profit per share. Typical for its sector: 17.1x.
What Disney does
Disney makes films and TV shows and sells them to viewers in many ways: in movie theaters, on its own TV channels such as ABC, FX and National Geographic, on its streaming services Disney+ and Hulu, and through licenses to other channels and services. It also runs theme parks, hotels and cruise ships, and licenses its characters for toys, clothing and other goods. Disney reports three segments. Entertainment covers its studios, TV networks and streaming, and earns money from subscriptions, advertising, the fees cable and satellite companies pay to carry its channels, and film releases. Disney says Disney+ had about 132 million paid subscribers in late 2025. Sports is mainly ESPN, which Disney generally owns 80% of, and which sells its channels to cable companies and its own streaming plans to viewers. Experiences earns money from park tickets, food and merchandise, hotel stays, cruises, vacation club properties and licensing.
Biggest risks, in its own words
- Changes in how people watch and pay for entertainment, which affect demand for its shows and the cost of making them.
- Misjudging what audiences, travelers and shoppers want from its films, parks and products.
- Failing to renew long-term deals with cable companies and others that carry its channels on good terms.
- Events it cannot control, such as bad weather or health crises, that keep visitors from its parks and ships.
- Fiscal year ends
- September 27, 2025
- Latest annual report
- 10-K · Nov 13, 2025
- Legal name
- WALT DISNEY CO/
- CIK
- 0001744489
Disney · DIS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $67.4B | $82.7B | $88.9B | $91.4B | $94.4B |
| Revenue growth | 3.1% | 22.7% | 7.5% | 2.8% | 3.4% |
| Operating margin | 11.5% | 14.7% | 14.5% | 17.1% | 18.6% |
| Net income | $2.0B | $3.1B | $2.4B | $5.0B | $12.4B |
| Net margin | 3.0% | 3.8% | 2.7% | 5.4% | 13.1% |
| Diluted EPS | $1.09 | $1.72 | $1.29 | $2.72 | $6.85 |
| Cash | |||||
| Cash from operations | $5.6B | $6.0B | $9.9B | $14.0B | $18.1B |
| Capital expenditure | $3.6B | $4.9B | $5.0B | $5.4B | $8.0B |
| Free cash flow | $2.0B | $1.1B | $4.9B | $8.6B | $10.1B |
| FCF margin | 3.0% | 1.3% | 5.5% | 9.4% | 10.7% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $1.4B | $1.8B |
| Share buybacks | $0.0M | $0.0M | $0.0M | $3.0B | $3.5B |
| Share count change | 1.1% | −0.1% | 0.2% | 0.1% | −1.1% |
| Debt and strength | |||||
| Cash and short-term investments | $16.0B | $11.6B | $14.2B | $6.0B | $5.7B |
| Debt incl. finance leases | $54.7B | $48.6B | $46.7B | $46.0B | $42.2B |
| Shareholders' equity | $88.6B | $95.0B | $99.3B | $100.7B | $109.9B |
| Net debt / EBITDA | 3.0x | 2.1x | 1.8x | 1.9x | 1.6x |
| Current ratio | 1.1x | 1.0x | 1.1x | 0.7x | 0.7x |
| Interest coverage | 5.0x | 7.8x | 6.5x | 7.5x | 9.7x |
| Returns and quality | |||||
| Return on capital | 5.9% | 6.1% | 6.7% | 8.4% | 11.8% |
| Return on equity | 2.3% | 3.4% | 2.4% | 5.0% | 11.8% |
| Piotroski F-score | 5 | 7 | 6 | 5 | 7 |
| Altman Z'' | 1.9 | 2.1 | 2.3 | 2.3 | 2.7 |
Insiders bought, 12 months
$2.1M
2 insiders
Insiders sold, 12 months
$2.8M
3 insiders
Of sales under plans
86%
$2.4M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Disney · DIS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Disney DIS | $192.4B | 3.4% | 18.6% | 10.7% | 11.8% | 22.8x | 7 |
| Netflix NFLX | $268.1B | 15.9% | 29.5% | 20.9% | 36.7% | 18.5x | 7 |
| MGM Resorts MGM | $7.4B | 1.7% | 5.7% | 8.3% | 12.8% | 17.6x | 6 |
| Carnival CCL | $36.7B | 6.4% | 16.8% | 9.8% | 12.1% | 11.7x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $110.40 a share, the company is worth $192.4B: 22.8 times its earnings of the last four quarters.
Disney grew sales faster than 1 of its 3 similar companies. Its P/E is higher than 3 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001744489). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.