Walt Disney Company (DIS)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 70,819,000 | 70,379,000 | 66,855,000 | 68,520,000 | 68,228,000 | 67,348,000 | 68,677,000 | 65,810,000 | 64,140,000 | 62,915,000 | 59,308,000 | 56,045,000 | 51,161,000 | 48,584,000 | 38,986,000 | 41,281,000 | 45,018,000 | 52,731,000 | 65,070,000 | 57,876,000 |
| Revenue (ttm) | US$ in thousands | 91,361,000 | 90,028,000 | 89,203,000 | 88,935,000 | 88,898,000 | 87,807,000 | 86,981,000 | 84,415,000 | 82,722,000 | 81,106,000 | 76,624,000 | 72,988,000 | 67,418,000 | 63,591,000 | 58,348,000 | 60,760,000 | 65,388,000 | 69,799,000 | 78,282,000 | 75,181,000 |
| Gross profit margin | 77.52% | 78.17% | 74.95% | 77.05% | 76.75% | 76.70% | 78.96% | 77.96% | 77.54% | 77.57% | 77.40% | 76.79% | 75.89% | 76.40% | 66.82% | 67.94% | 68.85% | 75.55% | 83.12% | 76.98% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $70,819,000K ÷ $91,361,000K
= 77.52%
The gross profit margin of Walt Disney Company has shown fluctuations over the analyzed period. The margin ranged from a low of 66.82% in March 2021 to a high of 78.96% in March 2023. Overall, the company has maintained a relatively high gross profit margin, with an average margin of approximately 76.82% during the period.
The highest margins were observed in the earlier part of the period, particularly in 2019 and early 2020, indicating strong profitability in those periods. However, there was a significant drop in the margin in the first quarter of 2021, possibly due to the impact of the COVID-19 pandemic on the company's operations.
Since then, the company has shown a gradual recovery in its gross profit margin, with margins consistently above 75% in recent quarters. This improving trend suggests that Walt Disney Company has been able to effectively manage its cost of goods sold relative to its revenue.
Overall, the gross profit margin analysis indicates that Walt Disney Company has maintained healthy profitability levels, although it has experienced some volatility in recent quarters. Investors and stakeholders may want to further investigate the factors influencing these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Sep 30, 2024