Walt Disney Company (DIS)

Operating 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
Operating income (ttm)	US$ in thousands	15,601,000	14,922,000	14,256,000	13,696,000	12,863,000	11,484,000	11,492,000	11,906,000	12,121,000	12,111,000	10,926,000	9,692,000	7,766,000	6,785,000	5,502,000	5,444,000	8,108,000	10,927,000	13,780,000	15,188,000
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
Operating profit margin		17.08%	16.57%	15.98%	15.40%	14.47%	13.08%	13.21%	14.10%	14.65%	14.93%	14.26%	13.28%	11.52%	10.67%	9.43%	8.96%	12.40%	15.65%	17.60%	20.20%

September 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $15,601,000K ÷ $91,361,000K
= 17.08%

The operating profit margin of Walt Disney Company has shown some fluctuations over the past few quarters. The trend has generally been positive, with the margin increasing from 8.96% in March 2021 to 17.08% in September 2024. This indicates that the company has been effectively managing its operating expenses relative to its revenue.

It is important to note that there was a significant dip in the operating profit margin in the second half of 2021, likely impacted by external factors such as the COVID-19 pandemic. However, the company has since demonstrated a steady improvement in its profitability metrics.

Overall, the increasing trend in the operating profit margin reflects Walt Disney Company's ability to generate more profit from its core operations, which is a positive sign for investors and stakeholders.