Disney Historical Income Statement

DIS Stock  USD 114.83  0.10  0.09%   
Historical analysis of Disney income statement accounts such as Gross Profit of 34.3 B or Other Operating Expenses of 83.3 B can show how well Walt Disney performed in making a profits. Evaluating Disney income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Disney's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Walt Disney latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Walt Disney is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Disney Income Statement Analysis

Walt Disney Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Disney shareholders. The income statement also shows Disney investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Disney Income Statement Chart

At this time, Disney's Non Recurring is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.1 B in 2024, whereas EBIT is likely to drop slightly above 5.9 B in 2024.

Total Revenue

Total revenue comprises all receipts Walt Disney generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Walt Disney minus its cost of goods sold. It is profit before Disney operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Walt Disney. It is also known as Disney overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Walt Disney operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Walt Disney is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Disney income statement and is an important metric when analyzing Walt Disney profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Disney's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Walt Disney current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Disney's Non Recurring is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.1 B in 2024, whereas EBIT is likely to drop slightly above 5.9 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit28.3B29.7B32.7B34.3B
Total Revenue82.7B88.9B91.4B95.9B

Disney income statement Correlations

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0.820.930.980.180.050.30.89-0.03-0.62-0.03-0.110.780.840.78-0.03-0.360.19-0.7-0.42-0.76-0.730.76-0.77-0.73
0.870.930.95-0.1-0.240.00.94-0.32-0.79-0.31-0.320.740.820.58-0.24-0.550.03-0.77-0.44-0.83-0.890.84-0.85-0.86
0.910.980.950.0-0.150.130.91-0.22-0.73-0.21-0.260.850.80.75-0.02-0.530.22-0.81-0.45-0.87-0.840.87-0.88-0.78
-0.30.18-0.10.00.960.96-0.090.940.440.90.78-0.070.170.460.210.680.090.410.010.40.49-0.420.430.3
-0.450.05-0.24-0.150.960.95-0.240.990.650.970.81-0.240.10.310.110.8-0.020.540.180.530.62-0.560.560.36
-0.180.30.00.130.960.95-0.030.910.450.890.710.090.30.590.180.610.10.260.040.260.37-0.290.290.15
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-0.52-0.03-0.32-0.220.940.990.91-0.30.70.970.83-0.320.040.220.140.84-0.010.60.220.590.69-0.620.610.43
-0.83-0.62-0.79-0.730.440.650.45-0.780.70.70.57-0.65-0.39-0.30.020.81-0.190.770.580.80.89-0.840.830.62
-0.47-0.03-0.31-0.210.90.970.89-0.280.970.70.69-0.290.080.230.170.890.120.520.250.520.67-0.580.570.4
-0.58-0.11-0.32-0.260.780.810.71-0.310.830.570.69-0.38-0.10.080.120.56-0.290.70.090.640.62-0.630.610.49
0.870.780.740.85-0.07-0.240.090.69-0.32-0.65-0.29-0.380.620.830.18-0.630.35-0.89-0.43-0.87-0.780.87-0.85-0.65
0.640.840.820.80.170.10.30.790.04-0.390.08-0.10.620.64-0.22-0.160.0-0.59-0.22-0.64-0.610.64-0.66-0.79
0.610.780.580.750.460.310.590.530.22-0.30.230.080.830.640.22-0.170.3-0.53-0.29-0.54-0.410.54-0.53-0.45
-0.02-0.03-0.24-0.020.210.110.18-0.070.140.020.170.120.18-0.220.220.020.79-0.07-0.33-0.090.220.020.010.53
-0.68-0.36-0.55-0.530.680.80.61-0.50.840.810.890.56-0.63-0.16-0.170.02-0.020.730.410.720.83-0.770.750.5
0.270.190.030.220.09-0.020.10.17-0.01-0.190.12-0.290.350.00.30.79-0.02-0.36-0.21-0.36-0.040.27-0.220.22
-0.92-0.7-0.77-0.810.410.540.26-0.750.60.770.520.7-0.89-0.59-0.53-0.070.73-0.360.410.970.9-0.950.940.74
-0.46-0.42-0.44-0.450.010.180.04-0.490.220.580.250.09-0.43-0.22-0.29-0.330.41-0.210.410.450.4-0.420.410.17
-0.94-0.76-0.83-0.870.40.530.26-0.830.590.80.520.64-0.87-0.64-0.54-0.090.72-0.360.970.450.92-0.980.980.76
-0.91-0.73-0.89-0.840.490.620.37-0.830.690.890.670.62-0.78-0.61-0.410.220.83-0.040.90.40.92-0.950.950.86
0.970.760.840.87-0.42-0.56-0.290.83-0.62-0.84-0.58-0.630.870.640.540.02-0.770.27-0.95-0.42-0.98-0.95-0.99-0.8
-0.95-0.77-0.85-0.880.430.560.29-0.850.610.830.570.61-0.85-0.66-0.530.010.75-0.220.940.410.980.95-0.990.82
-0.8-0.73-0.86-0.780.30.360.15-0.770.430.620.40.49-0.65-0.79-0.450.530.50.220.740.170.760.86-0.80.82
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Disney Account Relationship Matchups

Disney income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.5B1.4B1.4B2.0B1.4B1.5B
Total Revenue65.4B67.4B82.7B88.9B91.4B95.9B
Gross Profit21.5B22.3B28.3B29.7B32.7B34.3B
Other Operating Expenses65.7B63.6B76.0B79.7B79.3B83.3B
Operating Income3.8B3.5B6.8B9.0B11.6B6.0B
Ebit(96M)4.1B6.8B6.2B9.0B5.9B
Ebitda5.2B9.2B12.0B11.6B14.0B8.4B
Total Operating Expenses21.8B18.5B21.6B23.4B32.7B34.3B
Income Before Tax(1.7B)2.6B5.3B4.8B7.6B5.5B
Total Other Income Expense Net(5.5B)(1.1B)(1.5B)(4.2B)(4.0B)(3.8B)
Net Income(2.8B)2.0B3.2B2.4B5.0B3.5B
Income Tax Expense699M25M1.7B1.4B1.8B1.8B
Depreciation And Amortization5.3B5.1B5.2B5.4B5.0B2.8B
Selling General Administrative2.6B13.5B16.4B15.3B15.8B16.5B
Cost Of Revenue43.9B45.1B54.4B59.2B58.7B30.8B
Net Income Applicable To Common Shares(2.9B)2.0B3.1B2.4B2.7B4.9B
Minority Interest13.9B(512M)(360M)(1.0B)(801M)(761.0M)
Net Income From Continuing Ops(2.4B)2.5B3.6B3.4B5.8B5.3B
Tax Provision699M25M1.7B1.4B1.8B2.1B
Interest Income198M645M581M427M406M392.3M
Net Interest Income(1.5B)(1.4B)(1.4B)(1.2B)(1.3B)(1.3B)
Reconciled Depreciation5.3B5.1B5.2B5.4B5.0B4.9B

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Additional Tools for Disney Stock Analysis

When running Disney's price analysis, check to measure Disney's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to predict the probability of Disney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.