Walt Disney Company (DIS)

Return on assets (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
Net income (ttm)	US$ in thousands	4,972,000	4,776,000	1,695,000	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	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
ROA		2.53%	2.41%	0.87%	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%

September 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $4,972,000K ÷ $196,219,000K
= 2.53%

Walt Disney Company's return on assets (ROA) has fluctuated over the past few quarters. The ROA for the most recent quarter ending September 30, 2024, was 2.53%, showing an improvement compared to the previous quarter's 2.41%. This indicates that the company is generating $0.0253 in profits for every dollar of assets it owns.

Looking back further, the ROA has varied from a low of -2.45% in March 2021 to a high of 5.16% in June 2020. The negative ROA figures suggest that the company's assets were not generating sufficient profits during those periods.

Overall, the trend in ROA suggests that Walt Disney Company has seen fluctuations in its profitability relative to its asset base over the past two years. Investors and stakeholders may want to monitor these trends closely to assess the company's operational efficiency and profitability.