Walt Disney Company (DIS)
Operating return on assets (Operating ROA)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 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 | 193,984,000 | 209,475,000 | 214,342,000 |
| Operating ROA | 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% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $13,696,000K ÷ $197,774,000K
= 6.93%
The operating return on assets (operating ROA) of Walt Disney Company has shown fluctuations over the recent quarters. The trend indicates that the company has been able to generate more operating income relative to its total assets in the more recent periods.
In the latest quarter, as of December 31, 2023, the operating ROA stood at 6.93%, reflecting an improvement compared to the previous quarter. This can be seen as a positive sign as it suggests that the company is becoming more efficient in generating operating profits from its asset base.
Looking back over the past few years, there has been a general upward trend in operating ROA, signaling that Walt Disney Company's operational efficiency and asset utilization have been improving over time. This trend is a favorable indication of the company's ability to effectively generate income from its assets.
Overall, the operating ROA trend for Walt Disney Company shows a positive trajectory, indicating the company's strong operational performance and efficient use of assets to drive profitability.
Peer comparison
Dec 31, 2023