Walt Disney Company (DIS)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 15,601,000 | 12,863,000 | 12,121,000 | 7,766,000 | 8,108,000 |
| Total assets | US$ in thousands | 196,219,000 | 205,579,000 | 203,631,000 | 203,609,000 | 201,549,000 |
| Operating ROA | 7.95% | 6.26% | 5.95% | 3.81% | 4.02% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $15,601,000K ÷ $196,219,000K
= 7.95%
Walt Disney Company's operating return on assets (operating ROA) has shown a positive trend over the last five years, indicating an improvement in the company's operational efficiency and profitability. The operating ROA increased from 4.02% in 2020 to 7.95% in 2024, suggesting that Disney has been able to generate more operating income relative to its total assets in recent years.
This steady growth in operating ROA reflects Disney's ability to effectively utilize its assets to generate operating profits. The improved performance may be attributed to strategic business decisions, operational efficiencies, cost management efforts, and revenue growth initiatives implemented by the company.
Overall, the increasing trend in operating ROA demonstrates Walt Disney Company's strength in maximizing returns from its assets, which is essential for creating long-term value for its shareholders and sustaining its competitive position in the market.
Peer comparison
Sep 30, 2024