Walt Disney Company (DIS)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,698,000 | 4,594,000 | 1,275,000 | 2,763,000 | 1,760,000 | 2,248,000 | 4,592,000 | 3,531,000 | 3,328,000 | 3,132,000 | 1,915,000 | 1,990,000 | 474,000 | 2,853,000 | -2,932,000 | -3,008,000 | -518,000 | 1,487,000 | 8,708,000 | 14,657,000 |
| Long-term debt | US$ in thousands | 38,970,000 | 39,524,000 | 39,510,000 | 41,603,000 | 42,101,000 | 44,544,000 | 45,066,000 | 45,128,000 | 45,299,000 | 46,022,000 | 46,624,000 | 47,349,000 | 48,540,000 | 51,110,000 | 50,903,000 | 52,878,000 | 52,917,000 | 54,197,000 | 42,770,000 | 38,057,000 |
| 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 |
| Return on total capital | 3.36% | 3.28% | 0.92% | 1.94% | 1.24% | 1.58% | 3.21% | 2.50% | 2.37% | 2.26% | 1.40% | 1.45% | 0.35% | 2.07% | -2.15% | -2.20% | -0.38% | 1.06% | 6.54% | 11.47% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (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 fluctuated over the past few quarters. In the most recent quarter, ending September 30, 2024, the return on total capital was 3.36%, showing a slight increase from the previous quarter's 3.28%. This indicates that the company generated $3.36 in profit for every $100 of total capital employed.
The return on total capital was relatively low in the March 2024 quarter at 0.92%, but improved in the following quarters. The highest return was in the September 2020 quarter at 11.47%, which then declined in the subsequent quarters.
Overall, the return on total capital for Walt Disney Company has shown variability, suggesting fluctuations in profitability relative to the capital invested. It is important for investors and analysts to closely monitor these trends to assess the company's efficiency in generating returns from its total capital.
Peer comparison
Sep 30, 2024