Walt Disney Company (DIS)
Return on assets (ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,972,000 | 2,354,000 | 3,145,000 | 1,995,000 | -2,864,000 |
| Total assets | US$ in thousands | 196,219,000 | 205,579,000 | 203,631,000 | 203,609,000 | 201,549,000 |
| ROA | 2.53% | 1.15% | 1.54% | 0.98% | -1.42% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $4,972,000K ÷ $196,219,000K
= 2.53%
The return on assets (ROA) for Walt Disney Company has shown a positive trend over the past five years, indicating the company's ability to generate profits relative to its total assets. The ROA has increased steadily from -1.42% in 2020 to 2.53% in 2024, reflecting improved asset utilization and profitability.
The significant improvement in ROA suggests that Walt Disney Company has become more efficient in utilizing its assets to generate earnings for shareholders. This may be attributed to effective cost management strategies, revenue growth initiatives, or operational efficiencies implemented by the company during this period.
Overall, the rising trend in ROA for Walt Disney Company indicates a positive financial performance and enhanced asset productivity over the years, which can be seen as a favorable indicator for investors and stakeholders interested in the company's profitability and efficiency.
Peer comparison
Sep 30, 2024