Walt Disney Company (DIS)
Return on total capital
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 4,698,000 | 1,760,000 | 3,328,000 | 474,000 | -518,000 |
| Long-term debt | US$ in thousands | 38,970,000 | 42,101,000 | 45,299,000 | 48,540,000 | 52,917,000 |
| Total stockholders’ equity | US$ in thousands | 100,696,000 | 99,277,000 | 95,008,000 | 88,553,000 | 83,583,000 |
| Return on total capital | 3.36% | 1.24% | 2.37% | 0.35% | -0.38% |
September 30, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $4,698,000K ÷ ($38,970,000K + $100,696,000K)
= 3.36%
Walt Disney Company's return on total capital has shown fluctuations over the past five years. In 2024, the return on total capital was 3.36%, marking an improvement compared to the previous year's 1.24%. This indicates that the company was able to generate a higher return on the total capital employed in its business activities.
Looking further back, in 2022, the return on total capital stood at 2.37%, showing a positive trend compared to 2021, where the return was 0.35%. The company's ability to generate returns on its total capital improved significantly during this period.
In 2020, the return on total capital was negative at -0.38%, indicating that the company's capital was not effectively utilized to generate returns. However, this negative return improved over the years, leading to positive returns in subsequent years.
Overall, the trend in Walt Disney Company's return on total capital demonstrates fluctuations but shows a general improvement over the past five years. It suggests that the company has been able to enhance its efficiency in generating returns relative to the total capital employed in its operations.
Peer comparison
Sep 30, 2024