Walt Disney Company (DIS)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 100,696,000 | 100,622,000 | 99,252,000 | 100,721,000 | 99,277,000 | 97,610,000 | 97,859,000 | 96,149,000 | 95,008,000 | 92,500,000 | 90,636,000 | 89,864,000 | 88,553,000 | 86,741,000 | 85,540,000 | 84,071,000 | 83,583,000 | 85,866,000 | 90,407,000 | 89,757,000 |
| ROE | 4.94% | 4.75% | 1.71% | 2.96% | 2.37% | 2.31% | 4.21% | 3.45% | 3.31% | 3.40% | 2.92% | 3.43% | 2.25% | 1.30% | -5.28% | -5.89% | -3.43% | -1.28% | 5.95% | 11.56% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $4,972,000K ÷ $100,696,000K
= 4.94%
Walt Disney Company's return on equity (ROE) has shown fluctuations over the past several quarters. The ROE for the most recent quarter, September 30, 2024, stood at 4.94%, a slight increase compared to the previous quarter but still relatively low. In general, the company's ROE has been below historical averages, indicating lower profitability relative to shareholders' equity.
Looking at the trend over the last few years, the ROE has experienced significant variability, with both positive and negative values. The downward trend in ROE from the end of 2019 to the first quarter of 2021 reflects challenges faced by the company, possibly related to the impact of the COVID-19 pandemic on its operations.
It is important to note that a low ROE can be attributed to various factors such as high levels of debt, inefficient asset utilization, or declining profitability. Investors and stakeholders may be concerned about the company's ability to generate returns on their equity investment given the current ROE levels.
Further analysis of Walt Disney Company's financial performance, operational strategies, and industry dynamics would be necessary to understand the reasons behind the fluctuations in ROE and to assess the company's future prospects for improving profitability and shareholder value.
Peer comparison
Sep 30, 2024