Disney Historical Income Statement
DIS Stock | USD 120.98 1.05 0.88% |
Historical analysis of Disney income statement accounts such as Gross Profit of 6.9 B or Other Operating Expenses of 96.5 B can show how well Walt Disney performed in making a profits. Evaluating Disney income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Disney's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Walt Disney latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Walt Disney is a good buy for the upcoming year.
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About Disney Income Statement Analysis
Walt Disney Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Disney shareholders. The income statement also shows Disney investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Disney Income Statement Chart
Walt Disney Income Statement is one of the three primary financial statements used for reporting Disney's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Walt Disney revenue and expense. Disney Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Disney's Selling General Administrative is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 96.5 B in 2024, whereas EBIT is likely to drop slightly above 6.1 B in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Walt Disney generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Walt Disney minus its cost of goods sold. It is profit before Disney operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Walt Disney. It is also known as Disney overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Walt Disney operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Walt Disney is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Disney's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Walt Disney current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Disney's Selling General Administrative is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 96.5 B in 2024, whereas EBIT is likely to drop slightly above 6.1 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.8B | 9.0B | 10.3B | 6.9B | Total Revenue | 82.7B | 88.9B | 102.2B | 107.3B |
Disney income statement Correlations
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Disney Account Relationship Matchups
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Disney income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 1.5B | 1.4B | 1.4B | 1.2B | 1.4B | 1.5B | |
Total Revenue | 65.4B | 67.4B | 82.7B | 88.9B | 102.2B | 107.3B | |
Gross Profit | 3.8B | 3.7B | 6.8B | 9.0B | 10.3B | 6.9B | |
Other Operating Expenses | 61.6B | 63.8B | 76.0B | 79.9B | 91.9B | 96.5B | |
Operating Income | 5.5B | 4.6B | 6.9B | 3.4B | 3.9B | 5.8B | |
Ebit | 5.5B | 4.6B | 6.9B | 9.9B | 11.4B | 6.1B | |
Ebitda | 10.8B | 9.7B | 12.1B | 15.2B | 17.5B | 18.4B | |
Total Operating Expenses | 17.7B | 18.6B | 21.6B | (85.5B) | (98.3B) | (93.4B) | |
Income Before Tax | (1.7B) | 2.6B | 5.3B | 4.8B | 5.5B | 5.4B | |
Total Other Income Expense Net | (7.2B) | (2.1B) | (1.6B) | (3.0B) | (2.7B) | (2.6B) | |
Net Income | (2.4B) | 2.0B | 3.1B | 2.4B | 2.7B | 3.4B | |
Income Tax Expense | 699M | 25M | 1.7B | 1.4B | 1.6B | 1.8B | |
Depreciation And Amortization | 5.3B | 5.1B | 5.2B | 5.4B | 6.2B | 6.5B | |
Selling General Administrative | 2.6B | 13.5B | 16.4B | 15.3B | 17.6B | 18.5B | |
Cost Of Revenue | 61.6B | 63.8B | 76.0B | 79.9B | 91.9B | 96.5B | |
Net Income Applicable To Common Shares | (2.9B) | 2.0B | 3.1B | 2.4B | 2.7B | 4.9B | |
Minority Interest | 13.9B | (512M) | (360M) | (1.0B) | (1.2B) | (1.1B) | |
Net Income From Continuing Ops | (2.4B) | 2.5B | 3.6B | 3.4B | 3.1B | 5.4B | |
Tax Provision | 699M | 25M | 1.7B | 1.4B | 1.2B | 2.2B | |
Interest Income | 198M | 645M | 581M | 427M | 384.3M | 399.8M | |
Net Interest Income | (1.5B) | (1.4B) | (1.4B) | (1.2B) | (1.1B) | (1.1B) | |
Reconciled Depreciation | 5.3B | 5.1B | 5.2B | 5.4B | 6.2B | 4.9B |
Disney Investors Sentiment
The influence of Disney's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Disney. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Disney's public news can be used to forecast risks associated with an investment in Disney. The trend in average sentiment can be used to explain how an investor holding Disney can time the market purely based on public headlines and social activities around Walt Disney. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Disney's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Disney's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Disney's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Disney.
Disney Implied Volatility | 27.83 |
Disney's implied volatility exposes the market's sentiment of Walt Disney stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Disney's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Disney stock will not fluctuate a lot when Disney's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Disney in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Disney's short interest history, or implied volatility extrapolated from Disney options trading.
Pair Trading with Disney
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Disney position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Disney will appreciate offsetting losses from the drop in the long position's value.Moving against Disney Stock
0.88 | SJ | Scienjoy Holding Corp Report 26th of April 2024 | PairCorr |
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0.79 | DLPN | Dolphin Entertainment Earnings Call Today | PairCorr |
0.76 | TU | Telus Corp Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Disney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Disney when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Disney - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Walt Disney to buy it.
The correlation of Disney is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Disney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walt Disney moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Disney can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Disney Stock analysis
When running Disney's price analysis, check to measure Disney's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to predict the probability of Disney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.
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Is Disney's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Disney. If investors know Disney will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Disney listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.486 | Dividend Share 0.3 | Earnings Share 1.63 | Revenue Per Share 48.605 | Quarterly Revenue Growth 0.002 |
The market value of Walt Disney is measured differently than its book value, which is the value of Disney that is recorded on the company's balance sheet. Investors also form their own opinion of Disney's value that differs from its market value or its book value, called intrinsic value, which is Disney's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Disney's market value can be influenced by many factors that don't directly affect Disney's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Disney's value and its price as these two are different measures arrived at by different means. Investors typically determine if Disney is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Disney's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.