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Disney DIS

US equityMarket cap rank #84EntertainmentStreaming ServicesClothing
$104.81
+$1.35 (+1.30%)
Market open · Sep 24, 2:00 pm ET
After hours $104.00 +0.52%
Open$103.91
Prev close$103.46
Day range$103.97 – $105.75
Volume4.04M
Market cap$180.97B
P/E (TTM)21.6
Dividend yield1.43%

Fundamentals

Latest reported quarter: Q3, ended Jun 2026

Revenue$25.25B+6.8% YoY
Operating profit$4.76B+30.6% YoY
Net profit$2.84B-52.1% YoY
Diluted EPS$1.51-48.3% YoY
Free cash flow$3.07B+62.6% YoY
Operating cash flow$4.87B

Revenue, last 8 quarters

$22.6BSep '24$24.7BDec '24$23.6BMar '25$23.7BJun '25$22.5BSep '25$26.0BDec '25$25.2BMar '26$25.2BJun '26

Net profit, last 8 quarters

$564.0MSep '24$2.6BDec '24$3.4BMar '25$5.9BJun '25$1.4BSep '25$2.5BDec '25$2.5BMar '26$2.8BJun '26

Diluted EPS by quarter

0.25Sep '241.40Dec '241.81Mar '252.92Jun '250.73Sep '251.34Dec '251.27Mar '261.51Jun '26

Free cash flow by quarter

$4.0BSep '24$739.0MDec '24$4.9BMar '25$1.9BJun '25$2.6BSep '25$-2.3BDec '25$4.9BMar '26$3.1BJun '26

Annual revenue

$65.4BFY20$67.4BFY21$82.7BFY22$88.9BFY23$91.4BFY24$94.4BFY25

Profitability & balance sheet

Gross margin37.6%
Operating margin15.2%
Net margin8.7%
Return on equity7.8%
Return on assets4.3%
Return on invested capital6.1%
Current ratio0.71
Liabilities / assets42.9%
Cash & investments$5.19B
Total debt$46.04B
Net cash (debt)-$40.86B
Free cash flow / sales8.4%

Where the revenue comes from

Quarter 2026/Q3

By business line

  • Entertainment$11.35B 44.0%
  • Experiences$9.97B 38.6%
  • Sports$4.50B 17.4%

Income statement

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Total Revenue as Reported $25.25B $25.17B $25.98B $94.43B $22.46B
Total Operating Revenue $25.25B $25.17B $25.98B $94.43B $22.46B
Cost of Revenue $15.11B $15.90B $16.67B $58.77B $14.02B
Gross Profit $10.14B $9.27B $9.31B $35.66B $8.45B
Operating Expense $5.38B $5.48B $5.44B $21.83B $5.84B
Selling and Admin Expenses $3.97B $4.07B $4.12B $16.50B $4.45B
Depreciation & Amortization & Depletion $1.41B $1.41B $1.32B $5.33B $1.39B
-Depreciation & Amortization $1.41B $1.41B $1.32B $5.33B $1.39B
Operating Profit $4.76B $3.79B $3.88B $13.83B $2.60B
Net Non-Operating Interest Income (Expense) -$298.00M -$240.00M -$275.00M -$1.31B -$268.00M
Non-Operating Interest Income $165.00M $233.00M $168.00M $507.00M $148.00M
Non-Operating Interest Expense $463.00M $473.00M $443.00M $1.81B $416.00M
Other Income (Expense) -$817.00M -$182.00M $93.00M -$524.00M -$290.00M
Earnings from Equity Interest $83.00M $57.00M $93.00M $295.00M $92.00M
Special Income (Charges) -$900.00M -$239.00M $0.00 -$819.00M -$382.00M
-Less:Restructuring and Mergern & Acquisition $900.00M $239.00M $0.00 $109.00M -$328.00M
Pretax Profit $3.65B $3.37B $3.69B $12.00B $2.05B
Tax $801.00M $902.00M $1.21B -$1.43B $602.00M
Net Profit $2.84B $2.47B $2.48B $13.43B $1.44B
Profit from Continuing Operations $2.84B $2.47B $2.48B $13.43B $1.44B
Minority Interests $206.00M $218.00M $82.00M $1.03B $130.00M
Net Income to Parent Company $2.64B $2.25B $2.40B $12.40B $1.31B
Net Income to Common Stockholders $2.64B $2.25B $2.40B $12.40B $1.31B
Basic EPS $1.52 $1.27 $1.34 $6.88 $0.73
Diluted EPS $1.51 $1.27 $1.34 $6.85 $0.73
Dividend Per Share $0.75 $0.00 $0.75 $1.00 $0.00
-Less:Impairment of Capital Assets – – – $0.00 –
-Less:Write Off – – – $635.00M –
-Gain on Sale Of Business – – – -$75.00M –

Balance sheet

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Total Assets $204.74B $205.22B $202.09B $197.51B $197.51B
Total Current Assets $24.89B $24.60B $25.47B $24.27B $24.27B
Cash and Cash Equivalents & Short-Term Investments $5.19B $5.68B $5.68B $5.70B $5.70B
-Cash and Cash Equivalents $5.19B $5.68B $5.68B $5.70B $5.70B
Receivables $14.55B $14.39B $15.05B $13.22B $13.22B
-Accounts Receivable $14.55B $14.39B $15.05B $10.43B $10.43B
Prepaid Assets $1.93B $1.17B $1.34B $2.06B $2.06B
Inventory $2.08B $2.08B $2.16B $2.13B $2.13B
Other Current Assets $1.14B $1.28B $1.24B $1.16B $1.16B
Total Non-Current Assets $179.85B $180.62B $176.62B $173.25B $173.25B
Net PPE $44.74B $44.26B $43.20B $41.26B $41.26B
-Gross PPE $93.80B $92.35B $90.43B $90.14B $90.14B
-Accumulated Depreciation -$49.06B -$48.10B -$47.23B -$48.89B -$48.89B
Investments and Advances $7.63B $8.40B $8.05B $8.10B $8.10B
Goodwill and Other Intangible Assets $84.47B $84.74B $84.17B $82.57B $82.57B
-Goodwill $74.68B $74.68B $74.74B $73.29B $73.29B
-Other Intangible Assets $9.79B $10.06B $9.43B $9.27B $9.27B
Non-Current Deferred Assets $30.19B $30.36B $31.11B $31.33B $31.33B
Other Non-Current Assets $12.82B $12.86B $10.09B $10.00B $10.00B
Total Liabilities $87.90B $89.91B $88.08B $82.90B $82.90B
Total Current Liabilities $35.11B $36.22B $38.05B $34.16B $34.16B
Short-Term Debt and Capital Lease Obligation $8.63B $8.89B $10.82B $6.71B $6.71B
-Current Debt $8.63B $8.89B $10.82B $6.71B $6.71B
Other Current Liabilities $6.93B $7.38B $6.69B $6.25B $6.25B
Total Non-Current Liabilities $52.79B $53.68B $50.04B $48.74B $48.74B
Long Term Debt and Capital Lease Obligation $37.41B $38.47B $35.82B $38.17B $38.17B
-Long Term Debt $37.41B $38.47B $35.82B $35.32B $35.32B
Non-Current Deferred Liabilities $5.22B $5.05B $4.13B $3.52B $3.52B
Other Non-Current Liabilities $10.16B $10.16B $10.09B $7.05B $7.05B
Total Equity $116.84B $115.31B $114.01B $114.61B $114.61B
Stockholders' Equity $110.03B $108.71B $108.48B $109.87B $109.87B
Capital Stock $62.64B $62.26B $60.70B $59.81B $59.81B
-Common Stock $62.64B $62.26B $60.70B $59.81B $59.81B
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $0.00
Retained Earnings $65.05B $62.39B $60.16B $60.41B $60.41B
Less: Treasury Stock $14.75B $12.99B $9.49B $7.44B $7.44B
Gains/Losses Not Affecting Retained Earnings -$2.91B -$2.95B -$2.90B -$2.91B -$2.91B
Minority Interests $6.81B $6.60B $5.53B $4.74B $4.74B
-Taxes Receivable – – – $1.31B $1.31B
-Other Receivables – – – $1.56B $1.56B
-Receivables Adjustments Allowances – – – -$90.00M -$90.00M
-Long Term Equity Investment – – – $6.32B $6.32B
Payables – – – $17.36B $17.36B
-Accounts Payable – – – $15.06B $15.06B
-Total Tax Payable – – – $2.30B $2.30B
Current Accrued Expenses – – – $3.85B $3.85B
-Long Term Capital Lease Obligation – – – $2.85B $2.85B

Cash flow

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Operating Cash Flow $4.87B $6.91B $735.00M $18.10B $4.47B
Net cash flow from continuing operations $4.87B $6.91B $735.00M $18.10B $4.47B
Net Income from Continuing Operations $2.84B $2.47B $2.48B $13.43B $1.44B
Gain/Loss from Continuing Operations -$83.00M -$57.00M -$93.00M -$295.00M -$92.00M
Depreciation & Depletion & Amortization $1.41B $1.41B $1.32B $5.33B $1.39B
Deferred Tax $110.00M $393.00M $525.00M -$2.74B $176.00M
Other Non-Cash Items -$1.07B $892.00M $1.16B $429.00M -$237.00M
Change in Working Capital $229.00M $1.35B -$5.08B -$430.00M $944.00M
-Change in Receivables -$5.00M $641.00M -$1.81B -$283.00M $377.00M
-Change in Inventory -$2.00M $25.00M -$22.00M -$114.00M -$44.00M
-Change in Payables and Accrued Expense -$1.63B $2.53B -$3.04B $237.00M $680.00M
-Change in Other Current Assets $156.00M -$130.00M -$220.00M -$42.00M $159.00M
Net cash flow from investing -$1.79B -$2.73B -$2.74B -$8.04B -$1.85B
Net Cash Flow from Continuing Investing Activities -$1.79B -$2.73B -$2.74B -$8.04B -$1.85B
Net PPE Purchase and Sale -$1.79B -$1.97B -$3.01B -$8.02B -$1.92B
Net Investment Purchase and Sale $0.00 – – -$94.00M $4.00M
Net Other Investing Changes $7.00M -$219.00M $276.00M $75.00M $62.00M
Financing Cash Flow -$3.58B -$4.15B $1.98B -$10.37B -$2.28B
Net Cash Flow from Continuing Financing Activities -$3.58B -$4.15B $1.98B -$10.37B -$2.28B
Net Issuance Payments Of Debt -$1.30B $807.00M $4.18B -$3.62B -$211.00M
Net Common Stock Issuance -$1.75B -$3.47B -$2.03B -$3.50B -$1.00B
Cash Dividends Paid $0.00 – – -$1.80B -$898.00M
Net Other Financing Charges -$533.00M -$150.00M -$164.00M -$1.44B -$163.00M
Ending Cash Balance $5.30B $5.79B $5.79B $5.80B $5.80B
Net Change in Cash -$499.00M $36.00M -$18.00M -$308.00M $348.00M
Beginning Cash Balance $5.79B $5.79B $5.80B $6.10B $5.48B
Effect of Exchange Rate Changes $9.00M -$33.00M $5.00M $5.00M -$26.00M
Free Cash Flow $3.07B $4.94B -$2.28B $10.08B $2.56B
-Change In Other Working Capital – – – -$228.00M -$92.00M
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