Walt Disney Company (DIS)

Net profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Net income	US$ in thousands	2,354,000	3,145,000	1,995,000	-2,864,000	11,054,000
Revenue	US$ in thousands	88,898,000	82,722,000	67,418,000	65,388,000	69,607,000
Net profit margin		2.65%	3.80%	2.96%	-4.38%	15.88%

September 30, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $2,354,000K ÷ $88,898,000K
= 2.65%

The net profit margin of Walt Disney Co (The) has been fluctuating over the past five years. In the most recent period, ending on September 30, 2023, the net profit margin was 2.65%, which represents a decrease from the previous year's figure of 3.80%. This decline may indicate a decrease in the company's ability to convert revenue into profit, which could be attributed to various factors such as increased expenses or changes in revenue streams.

Comparing the current net profit margin to the figures from two and three years ago, we can see that it is closer to the margin reported in October 2, 2021, when it was 2.96%. This suggests that the company's profitability has not significantly improved since that time.

The net profit margin in October 3, 2020, was notably negative at -4.38%, which may have been influenced by extraordinary or non-recurring expenses or losses incurred during that period. However, it is noteworthy that the company managed to achieve a substantial net profit margin of 15.89% as of September 28, 2019, indicating a significant improvement in profitability compared to the more recent periods.

In conclusion, the net profit margin of Walt Disney Co (The) has shown variability in recent years, reflecting fluctuations in the company's profitability. Investors and stakeholders may seek further insight into the reasons behind these fluctuations and the company's strategies to sustain and improve its profit margins in the future.