Walt Disney Company (DIS)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 196,219,000 | 197,772,000 | 195,110,000 | 197,774,000 | 205,579,000 | 203,783,000 | 204,858,000 | 202,124,000 | 203,631,000 | 204,074,000 | 202,453,000 | 203,311,000 | 203,609,000 | 202,221,000 | 200,250,000 | 201,888,000 | 201,549,000 | 207,649,000 | 206,294,000 | 200,948,000 |
| Operating ROA | 7.95% | 7.55% | 7.31% | 6.93% | 6.26% | 5.64% | 5.61% | 5.89% | 5.95% | 5.93% | 5.40% | 4.77% | 3.81% | 3.36% | 2.75% | 2.70% | 4.02% | 5.26% | 6.68% | 7.56% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $15,601,000K ÷ $196,219,000K
= 7.95%
Operating return on assets (ROA) is a key financial ratio that reflects the efficiency with which a company generates operating profits relative to its total assets. Analyzing Walt Disney Company's operating ROA over the past few quarters reveals some interesting trends and performance indicators.
From the data provided, we observe that Walt Disney's operating ROA has been generally increasing over the past few quarters, reaching 7.95% in September 2024, which is the highest level in the dataset. This improvement suggests that the company has been effectively utilizing its assets to generate operating income.
The consistent growth in operating ROA indicates that Walt Disney has been efficiently managing its operations to enhance profitability relative to its asset base. The upward trend signifies a positive performance trajectory and potentially increasing operational effectiveness.
However, it is important to note that operating ROA is subject to fluctuations influenced by various factors such as changes in revenue, expenses, and asset base. Therefore, ongoing monitoring of this metric is crucial to assess the company's operational efficiency and financial performance accurately.
Overall, the increasing trend in Walt Disney Company's operating ROA demonstrates a positive indication of the company's ability to generate profits from its operating activities relative to its total assets, reflecting a potentially strong operational performance.
Peer comparison
Sep 30, 2024