Services-Miscellaneous Amusement & Recreation · SIC 7990

Walt Disney Co

DIS

Watch

Latest revenue

$25.17B

as of 2026-03-28

Latest net income

$2.25B

as of 2026-03-28

Net margin

8.9%

as of 2026-03-28

Price · 5Y

-10.0% / yr 23.8 pts / yr vs S&P 500 41.0% total
Compare:

Live market

delayed ≤15 min
$103.00
0.56%
Market cap
$178.86B
Enterprise value
$219.82B
P/E (trailing)
14.4×
Forward P/E
P/B
1.65×
Dividend yield
1.2%
52-wk high
$124.69
52-wk low
$92.19
Beta
Shares out
1.74B

5-year trend

What this company does

AI

Disney operates a global media and entertainment empire spanning streaming services (Disney+, Hulu), traditional TV networks, ESPN sports, film studios, and theme parks across three segments: Entertainment, Sports, and Experiences. The company generates roughly 89% of revenue from services—subscriptions, theme park admissions, advertising, and content licensing—with the remainder from consumer products and merchandise. Disney is consolidating its streaming distribution position, recently absorbing FuboTV in October 2025 while running its Indian operations through a 37%-owned joint venture with Reliance.

Generated from DIS's filing dated 2025-11-13

Key risks

AI
  • Operating cash flow collapsed 77% YoY to $735M from $3.2B, driven by $1.4B tax outflow and working capital drag despite flat net income.
  • Leverage rising: current borrowings jumped to $10.8B from $6.7B, with $4B net commercial paper drawn to fund $2B buybacks and Fubo deal.
  • EPS fell to $1.34 from $1.40 despite 5% revenue growth, as cost of services rose 8.8%, signaling margin compression in core Services business.

Generated from DIS's filing dated 2025-11-13

Profitability

Net margin

13.1%

141.4%

Return on equity

11.3%

128.6%

Return on assets

6.3%

147.8%

Leverage

Debt / equity

0.80×

15.9%

Long-term debt / equity

0.32×

16.9%

Debt / assets

44.4%

8.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-28

$25.17B+6.5%$2.25B-31.4%8.9%

Q4 2025

2025-12-27

$25.98B+5.2%$2.40B-6.0%9.2%

Q3 2025

2025-09-27

$22.46B-0.5%$1.31B+185.4%5.8%

Q2 2025

2025-06-28

$23.65B+2.1%$5.26B+100.8%22.2%

Q1 2025

2025-03-29

$23.62B+7.0%$3.27B+16475.0%13.9%

Q4 2024

2024-12-28

$24.69B+4.8%$2.55B+33.6%10.3%

Q3 2024

2024-09-28

$22.57B$460.0M2.0%

Q2 2024

2024-06-29

$23.16B+3.7%$2.62B+669.8%11.3%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Miscellaneous Amusement & Recreation · SIC 7990

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Insider activity

Insider buying

$2.1M

Insider selling

$792.8K

Net activity

+$1.3M

Distinct insiders

3

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-02-12

Amy Chang

Director

Purchase916$107.85$98.8K
2026-01-22

Sonia L Coleman

Sr. EVP & Chief People Officer

Sale2,473$114.00$281.9K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns DIS

Institutional value

$35.07B

Total shares held

373.0M

Distinct holders

738

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1VANGUARD CAPITAL MANAGEMENT LLC115.1M$11.09BNew
2VANGUARD PORTFOLIO MANAGEMENT LLC35.4M$3.41BNew
3JENNISON ASSOCIATES LLC13.8M$1.33BNew
4Bank of New York Mellon Corp13.6M$1.31BNew
5Invesco Ltd.12.2M$1.18BNew
6Legal & General Group Plc11.4M$1.10BNew
7VANGUARD FIDUCIARY TRUST CO10.0M$961.1MNew
8Boston Partners8.5M$815.7MNew
9DIMENSIONAL FUND ADVISORS LP7.4M$714.7MNew
10UBS Group AG7.3M$707.7MNew
11DEUTSCHE BANK AG\6.9M$663.2MNew
12PRIMECAP MANAGEMENT CO/CA/6.2M$600.9MNew
13WELLS FARGO & COMPANY/MN6.2M$598.5MNew
14First Eagle Investment Management, LLC5.3M$506.4MNew
15Swiss National Bank5.2M$505.0MNew
16National Pension Service4.2M$408.0MNew
17Mitsubishi UFJ Asset Management Co., Ltd.4.1M$398.7MNew
18Vanguard Global Advisers, LLC3.9M$379.7MNew
19DIAMOND HILL CAPITAL MANAGEMENT INC3.2M$306.9MNew
20California Public Employees Retirement System3.1M$303.3MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    Operating cash flow collapsed from $3.2B to $735M year-over-year—how much is timing versus a structural working-capital deterioration we should model forward?

  2. 2

    With Services margin compressing as cost of services rose 8.8% on 5.3% revenue growth, where specifically is DTC profitability tracking versus your FY26 streaming targets?

  3. 3

    You bought back $2.0B in stock while commercial paper jumped $4B and current borrowings hit $10.8B—why prioritize repurchases over deleveraging now?

Refreshed when DIS files a new report · last from 2025-11-13