Walt Disney Company (DIS)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,986,000 | 2,354,000 | 2,252,000 | 4,121,000 | 3,320,000 | 3,145,000 | 3,142,000 | 2,651,000 | 3,082,000 | 1,995,000 | 1,126,000 | -4,513,000 | -4,954,000 | -2,864,000 | -1,100,000 | 5,381,000 | 10,373,000 | |||
| 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 |
| ROA | 1.51% | 1.15% | 1.11% | 2.01% | 1.64% | 1.54% | 1.54% | 1.31% | 1.52% | 0.98% | 0.56% | -2.25% | -2.45% | -1.42% | -0.53% | 2.61% | 5.16% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,986,000K ÷ $197,774,000K
= 1.51%
The return on assets (ROA) of Walt Disney Company has shown fluctuations over the periods reviewed. The Dec 31, 2023, and Sep 30, 2023, ROA figures stand at 1.51% and 1.15% respectively, indicating a moderate return generated from the company's assets during these periods. This follows a decline from the Mar 31, 2023 figure of 2.01%, which marked a higher return.
The trend in ROA seems to have been relatively stable in the recent past, with the highest ROA observed at 5.16% on Dec 31, 2019. However, there were periods of negative ROA, notably on Mar 31, 2021, and Dec 31, 2020, where ROA stood at -2.25% and -2.45% respectively. These negative figures suggest that during those periods, the company's assets did not generate enough income to cover its costs.
Overall, the company's ROA has shown variability, with both positive and negative values observed. It is important for investors and stakeholders to monitor these fluctuations to assess the efficiency with which the company is utilizing its assets to generate profits.
Peer comparison
Dec 31, 2023