Disney+ Subscribers

ESPN+ Subscribers

Hulu Subscribers

Subscribers

Revenue segments as reported by the company.

Parks, Experiences & Consumer Products

Disney Media and Entertainment Distribution

Entertainment

Sports

Experiences

Eliminations

Contract License Early Termination

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Costs & Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Disney

Lucasfilm, is an American film and television production company based in the Letterman Digital Arts Center in San Francisco, California. The studio is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound and computer animation for film. Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $4.06 billion.

Lucasfilm

ESPN (originally an initialism for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc., a joint venture owned by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Egan.

ESPN

The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.

Marvel Studios, is a motion picture studio and is a subsidiary of Walt Disney Studios, itself a wholly owned division of The Walt Disney Company, with film producer Kevin Feige serving as president. Previously, the studio was a subsidiary of Marvel Entertainment until Disney reorganized the companies in August 2015.

Marvel Studios

A&E Networks (branded as A+E Networks) is a US media company that owns a group of television channels available via cable & satellite in the U.S. and abroad. A&E stands for Arts & Entertainment. The company is a joint venture with Hearst Communications and Disney–ABC Television Group, a unit of The Walt Disney Company.

A&E Networks

FUSION is a television cable and satellite news and satire channel owned by Fusion Media Group, an American multi-platform media company that is owned by Univision Communications, which relies in part on the resources of its parent company's news division, Noticias Univision. In addition to conventional television distribution, Fusion is also streamed online and on mobile platforms to subscribers of participating cable and satellite providers.

Fusion

Pixar, also referred to as Pixar Animation Studios, is an American computer animation film studio based in Emeryville, California that is a subsidiary of The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.

Pixar

Touchstone Pictures is an American film distribution label of Walt Disney Studios Motion Pictures. Previously, Touchstone operated as an active film production banner of Walt Disney Studios, owned by The Walt Disney Company. Established on February 15, 1984 by then-Disney CEO Ron W. Miller as Touchstone Films, similar to the defunct label Hollywood Pictures, it typically releases films targeted to adult audiences with more mature themes and darker tones than those released under the Disney name. Touchstone Pictures merely serves as a brand and not a distinct business operation, and does not exist as a separate company.

Touchstone Pictures

Hulu (stylized as hulu) is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company (through Disney Direct-to-Consumer and International)[7] (30%), 21st Century Fox (30%), Comcast (through NBCUniversal) (30%), and as of August 10, 2016, Time Warner (through Turner Broadcasting System) (10%). Through an acquisition announced in December 2017, Disney will acquire Fox's partial ownership, giving it a majority stake when the deal closes.

Hulu

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Disney focuses on streaming growth and cost savings for profitability

Disney's strategic transformation aims to drive sustained growth and profitability through cost savings and a focus on core business segments.
The company's strong performance in key segments, successful content releases, and strategic partnerships position it well for future success.
While facing challenges in restructuring and content distribution, Disney is leveraging opportunities in streaming, brand strength, and content licensing for growth.
Overall, Disney's focus on core brands, content curation, and customer experience enhancement aligns with its vision for future success and profitability.

Disney focuses on streaming profitability and parks growth strategies

Disney is strategically aligning its businesses for sustained growth, focusing on cost-cutting, audience engagement, and profitability in streaming services. The company's strong financial performance, diverse content portfolio, and focus on innovation position it well for future success amidst industry challenges and opportunities.

Disney focuses on DTC growth and strategic partnerships for future

Disney's Q3 earnings call highlighted transformation efforts, strong DTC and Parks performance, and strategic initiatives for growth. Challenges in content sales and linear networks were acknowledged, with opportunities in partnerships and pricing strategies. Company prioritizes liquidity, profitability, and smart capital allocation.

Disney triples Q4 earnings, eyes streaming growth and cost efficiency

Disney's strong financial performance in Q4 and fiscal 2023, driven by growth in streaming and experiences businesses, sets the stage for continued success.
Efforts to streamline operations, reduce costs, and focus on core brands and franchises position Disney for long-term sustainability and growth.
Anticipated investments in experiences business and strategic priorities to transform ESPN into a digital sports platform highlight Disney's commitment to innovation and expansion.
Exploration of partnerships, cost-saving measures, and focus on content quality present avenues for Disney to capitalize on emerging opportunities and navigate challenges effectively.

Disney excels in Q1 with strong financials and strategic focus

Disney's Q1 2024 Earnings Call highlighted strong financial performance, strategic initiatives in digital sports and streaming, and a focus on enhancing content quality and subscriber growth. While facing challenges in a competitive landscape and potential cord-cutting impacts, the company is well-positioned to leverage opportunities in gaming partnerships, direct-to-consumer expansion, and park investments.

Disney reports strong Q2 performance and strategic growth initiatives

Disney's Q2 performance was robust, with strong growth in adjusted EPS and profitability in streaming.
The company is strategically investing in content and cost efficiency while exploring new opportunities.
Challenges include content licensing decisions and replicating partnership success.
Overall, Disney remains focused on growth, shareholder returns, and a balanced content strategy.

Disney reports 2% revenue growth in Q3, streaming success highlighted

Disney's Q3 2024 earnings call highlighted revenue growth driven by park IP and streaming success.
The company faces challenges in managing costs, content spending balance, and maximizing profitability.
Opportunities lie in capitalizing on streaming services, global park demand, and strategic partnerships.
Analysts' inquiries focused on Disney's financial outlook, pricing power, and growth strategies for key segments.

Disney reports robust Q4 results, focuses on streaming and Experiences growth

Disney's Q4 earnings call highlights strong performance across key segments, creative content offerings, and strategic investments. While facing challenges in certain areas, the company is focused on leveraging opportunities in streaming, DTC margins, and international expansion. Overall, Disney remains optimistic about its growth trajectory and future prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The Walt Disney Company (NYSE:DIS ) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 1:15 PM ET Company Participants Bob Iger - CEO Conference Call Participants Ben Swinburne - Morgan Stanley Unidentified Analyst Certain statements in this discussion may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, plans or beliefs, strategy or focus, guidance, priorities, plans or opportunities; including for expansion, growth, strategic initiatives, and relationships, acquisitions or dispositions and content rights; and potential impact on future performance; potential future growth or performance, including future DTC profitability and drivers future capital or content expenditures, trends, drivers of demand, efficiencies, goals; product or service offerings, including nature, timing and pricing, consumer and advertiser sentiment, behavior or demand value of our intellectual property and content offerings; and other statements that are not historical in nature. Any information that is not historical in nature is subject to change.

The Walt Disney Company (DIS) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Disney CEO Bob Iger said the studio has “killed a few projects already that we just didn't feel were strong enough,” as the company tries to reverse a box office slump. “We're doing a lot. When we talk about improving our film, slate, there are really three approaches.

Disney Has “Killed A Few Projects” Amid Studio Overhaul, Says Bob Iger; “We've Not Been That Public About It”

Disney CEO Bob Iger called the proxy fight being waged by two activist investors a campaign that “is, in a way, designed to distract us, to take our eye off all [that's] necessary to do what we need to do to generate returns for shareholders.

Disney CEO Bob Iger Says He's Trying Hard “Not To Get Distracted” By Activist Investors

Disney impressed investors with its fiscal first-quarter earnings report. The company also announced a new sports streaming service joint venture with Fox and Warner Bros.

Why Disney Stock Jumped 16% in February

Alphabet

Microsoft

NVIDIA

Visa

Once upon a time, it was popular among investors to check what Warren Buffett was buying and selling to get inspired and catch a glimpse of the stocks likely to skyrocket. By 2024, while the Oracle of Omaha still holds significant sway, a new and somewhat cynical set of strategies emerged – copying the trades made by U.S. members of Congress.

This is the most successful Congress stock trading bot in 2024

Billionaire U.S. investor Nelson Peltz on Monday said media and entertainment company Walt Disney had gambled away a "winning hand" and blamed "poor oversight" from its board, which he wants to be elected to next month.

Trian blames 'poor oversight' for Disney's problems in its push for board seats

Twenty-First Century Fox

Warner Bros Discovery Inc

Fox, ESPN and Warner Bros. Discovery's sports streaming platform is expecting to rake in 5 million subscribers within its first five years when the joint venture launches in fall 2024.

Fox, Disney, Warner Bros. Discovery sports bundle expects 5M subscribers in five years

As Disney's April 3 shareholder showdown approaches, activist Nelson Peltz has released a more detailed set of arguments against the company's board of directors, which he calls the “root cause of underperformance” at Disney.

Nelson Peltz Slams Disney, From 2019 Fox Deal To Planned Sports Streaming JV, As Proxy Battle Rages

IMAX

Netflix

AMC Entertainment (NYSE: AMC ) is a heavily traded company that operates a movie theatre business and was one of the first meme stocks to see a huge price surge in the middle of 2021. Alongside other companies, such as GameStop (NYSE: GME ), they experienced a massive short squeeze, which caused their share price to skyrocket rapidly.

Do You Like Movies? 3 Stocks that Are Better Buys Than AMC

Paramount Global

Roku

The battle for streaming dominance has become a new frontier in the entertainment space. As traditional media models give way to on-demand viewing, companies are vying for leads in the digital and online models.

The Next Netflix: 3 Streaming Stocks Bound for Blockbuster Growth

The sports streaming venture formed by Walt Disney , Warner Bros Discovery and Fox Corp expects to have 5 million subscribers in its first five years, Fox CEO Lachlan Murdoch said on Monday.

Fox, Disney, Warner Bros Discovery sports venture expects 5 mln subscribers in five years

The forthcoming sports streaming venture backed by Disney, Fox Corp. and Warner Bros. Discovery will reach 5 million subscribers in its first five years, according to a projection shared Monday by Fox CEO Lachlan Murdoch.

Fox Expects Sports Streaming Venture With Disney And WBD To Hit 5M Subscribers In 5 Years, Lachlan Murdoch Says

Starbucks

Consumer discretionary stocks to watch in the stock market this week.

Good Stocks To Buy Right Now? 2 Consumer Discretionary Stocks In Focus

Walt Disney investor Blackwells Capital said the lack of a strong content and technology strategy as well as governance and transparency issues were hampering the entertainment giant's performance, as it attempts to get board seats at the company.

Activist Blackwells says strategy, transparency issues hampering Disney

With the new business cycle coming to the United States stock market, specific stocks will likely attract most of the attention from investors looking for a value bargain to multiply their wealth in the coming years. Hopefully, after the recent rallies in the stock indices, which are hitting new all-time highs, you've taken some profit and are liquid enough to hunt for the next opportunity.

Disney Stock is Ridiculously Cheap Now That the Worst is Past

Eight grandchildren of Disney's cofounders are pushing back against activist investors. They signed two letters to shareholders in support of Disney CEO Bob Iger.

Meet the Disney heirs rallying behind Bob Iger

Amgen

Amazon

American Express

Boeing

Caterpillar

Salesforce

Cisco Systems

Chevron

Dow Inc

Goldman Sachs

Intel

Johnson & Johnson

Coca-Cola

McDonald's

NIKE

UnitedHealth Group

Verizon

"The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation is also a consideration.”–DowJones&Co. The highest-yield 10 stocks are March's Dogs of the Dow: GS, JNJ, KO, AMGN, CSCO, IBM, CVX, DOW, MMM, and VZ. They only averaged a 4.15% annual yield. Thirty Dow stocks represent nine of eleven sectors. DowJones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated March net-gains ranged 12.35%-25.79%, topped by BA 2/29/24.

March Dogs Of The Dow: Buy 1; Watch 4

It will be hard to top February's blowout quarter or the drama of April's shareholder meeting, but March still matters. Festivals and school breaks should keep Disney's U.S. theme parks buzzing this month.

3 Dates for Disney Stock Investors to Circle in March

FuboTV

FuboTV Inc. CEO David Gandler has slammed Walt Disney Co., Fox Corp. and Warner Bros. Discovery Inc. amid the sports-first TV-streaming company's lawsuit against its rivals.

FuboTV CEO slams ‘pernicious' rivals Disney, Fox and WBD amid streaming lawsuit

Fubo CEO David Gandler blasted a planned sports bundle backed by Disney, Fox and Warner Bros. Discovery, calling the companies a “sports cartel” engaging in “borderline racketeering.” The comments came during a conference call with Wall Street analysts to discuss fourth-quarter results. Fubo posted strong numbers in the quarter, including 1.

Disney, Fox And Warner Bros. Discovery Are A “Sports Cartel” Engaging In “Borderline Racketeering”, Fubo CEO David Gandler Charges: “This Is A Duel To The Death”

In entertainment, three turnaround stocks listed here orchestrate a revival symphony. These titans may reshape their long-term investment potential amid macroeconomic uncertainties by igniting a historic turnaround.

3 Turnaround Stocks Primed for a Historic Price Rally

A proposed merger of Walt Disney's and Reliance's media assets in India could spark intense antitrust scrutiny over their market power, with lawyers flagging concerns that the combined entity's strong portfolio of cricket broadcast rights could impact advertisers.

Grip over cricket may lead to antitrust heat in Disney-Reliance India merger

The grandchildren of Roy and Walt Disney, founders of Walt Disney Co , have backed CEO Bob Iger and the board, while opposing activist investors encircling the company.

News for Disney Stock (DIS)