Disney+ Subscribers

ESPN+ Subscribers

Hulu Subscribers

Subscribers

Revenue segments as reported by the company.

Parks, Experiences & Consumer Products

Disney Media and Entertainment Distribution

Entertainment

Sports

Experiences

Eliminations

Contract License Early Termination

Media Networks

Studio Entertainment

DTC & International

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Costs & Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Disney

Lucasfilm, is an American film and television production company based in the Letterman Digital Arts Center in San Francisco, California. The studio is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound and computer animation for film. Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $4.06 billion.

Lucasfilm

ESPN (originally an initialism for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc., a joint venture owned by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Egan.

ESPN

The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.

Marvel Studios, is a motion picture studio and is a subsidiary of Walt Disney Studios, itself a wholly owned division of The Walt Disney Company, with film producer Kevin Feige serving as president. Previously, the studio was a subsidiary of Marvel Entertainment until Disney reorganized the companies in August 2015.

Marvel Studios

A&E Networks (branded as A+E Networks) is a US media company that owns a group of television channels available via cable & satellite in the U.S. and abroad. A&E stands for Arts & Entertainment. The company is a joint venture with Hearst Communications and Disney–ABC Television Group, a unit of The Walt Disney Company.

A&E Networks

FUSION is a television cable and satellite news and satire channel owned by Fusion Media Group, an American multi-platform media company that is owned by Univision Communications, which relies in part on the resources of its parent company's news division, Noticias Univision. In addition to conventional television distribution, Fusion is also streamed online and on mobile platforms to subscribers of participating cable and satellite providers.

Fusion

Pixar, also referred to as Pixar Animation Studios, is an American computer animation film studio based in Emeryville, California that is a subsidiary of The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.

Pixar

Touchstone Pictures is an American film distribution label of Walt Disney Studios Motion Pictures. Previously, Touchstone operated as an active film production banner of Walt Disney Studios, owned by The Walt Disney Company. Established on February 15, 1984 by then-Disney CEO Ron W. Miller as Touchstone Films, similar to the defunct label Hollywood Pictures, it typically releases films targeted to adult audiences with more mature themes and darker tones than those released under the Disney name. Touchstone Pictures merely serves as a brand and not a distinct business operation, and does not exist as a separate company.

Touchstone Pictures

Hulu (stylized as hulu) is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company (through Disney Direct-to-Consumer and International)[7] (30%), 21st Century Fox (30%), Comcast (through NBCUniversal) (30%), and as of August 10, 2016, Time Warner (through Turner Broadcasting System) (10%). Through an acquisition announced in December 2017, Disney will acquire Fox's partial ownership, giving it a majority stake when the deal closes.

Hulu

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Disney focuses on streaming growth and cost savings for profitability

Disney's strategic transformation aims to drive sustained growth and profitability through cost savings and a focus on core business segments.
The company's strong performance in key segments, successful content releases, and strategic partnerships position it well for future success.
While facing challenges in restructuring and content distribution, Disney is leveraging opportunities in streaming, brand strength, and content licensing for growth.
Overall, Disney's focus on core brands, content curation, and customer experience enhancement aligns with its vision for future success and profitability.

Disney focuses on streaming profitability and parks growth strategies

Disney is strategically aligning its businesses for sustained growth, focusing on cost-cutting, audience engagement, and profitability in streaming services. The company's strong financial performance, diverse content portfolio, and focus on innovation position it well for future success amidst industry challenges and opportunities.

Disney focuses on DTC growth and strategic partnerships for future

Disney's Q3 earnings call highlighted transformation efforts, strong DTC and Parks performance, and strategic initiatives for growth. Challenges in content sales and linear networks were acknowledged, with opportunities in partnerships and pricing strategies. Company prioritizes liquidity, profitability, and smart capital allocation.

Disney triples Q4 earnings, eyes streaming growth and cost efficiency

Disney's strong financial performance in Q4 and fiscal 2023, driven by growth in streaming and experiences businesses, sets the stage for continued success.
Efforts to streamline operations, reduce costs, and focus on core brands and franchises position Disney for long-term sustainability and growth.
Anticipated investments in experiences business and strategic priorities to transform ESPN into a digital sports platform highlight Disney's commitment to innovation and expansion.
Exploration of partnerships, cost-saving measures, and focus on content quality present avenues for Disney to capitalize on emerging opportunities and navigate challenges effectively.

Disney excels in Q1 with strong financials and strategic focus

Disney's Q1 2024 Earnings Call highlighted strong financial performance, strategic initiatives in digital sports and streaming, and a focus on enhancing content quality and subscriber growth. While facing challenges in a competitive landscape and potential cord-cutting impacts, the company is well-positioned to leverage opportunities in gaming partnerships, direct-to-consumer expansion, and park investments.

Disney reports strong Q2 performance and strategic growth initiatives

Disney's Q2 performance was robust, with strong growth in adjusted EPS and profitability in streaming.
The company is strategically investing in content and cost efficiency while exploring new opportunities.
Challenges include content licensing decisions and replicating partnership success.
Overall, Disney remains focused on growth, shareholder returns, and a balanced content strategy.

Disney reports 2% revenue growth in Q3, streaming success highlighted

Disney's Q3 2024 earnings call highlighted revenue growth driven by park IP and streaming success.
The company faces challenges in managing costs, content spending balance, and maximizing profitability.
Opportunities lie in capitalizing on streaming services, global park demand, and strategic partnerships.
Analysts' inquiries focused on Disney's financial outlook, pricing power, and growth strategies for key segments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Nelson Peltz, the leader of Trian and corporate raider, tried to get two seats on the Walt Disney Co.

Nelson Peltz Made $1 Billion on Disney

Activist investor Nelson Peltz's Trian Fund Management has sold its entire stake in Walt Disney Co (NYSE:DIS, ETR:WDP), bringing a long-running proxy battle for board-level influence at the entertainment giant to an end. The news was first reported by CNBC, which noted that Peltz failed to rouse shareholder support for his campaign to get a seat on the board for himself and former Disney finance chief Jay Rasulo.

Peltz brings Disney proxy battle to a close, books a reported $1bn profit

Nelson Peltz may have lost the battle with Disney, but in strict financial terms may have won the war. The activist investor waged a months-long campaign against CEO Bob Iger and the media company's board of directors, ending in a decisive defeat at April's annual shareholder meeting.

Mission Accomplished? Despite Losing Proxy Fight, Billionaire Nelson Peltz Reportedly Sells Entire Disney Stake For $1B In Profit

ANAHEIM, Calif. — Character and parade performers at Disneyland in California are officially unionized.

Disneyland performers' vote to unionize is certified by federal labor officials

Activist investor Nelson Peltz has reportedly sold his stake in the Walt Disney Co., weeks after losing a proxy battle for seats on the company's board of directors.

Nelson Peltz sells his stake in Disney, weeks after losing proxy fight: report

Billionaire activist investor Nelson Peltz sold off his full stake in Disney on Wednesday, according to multiple reports, an exit made nearly two months after Peltz and his hedge fund, Trian Fund Management, lost its renewed proxy battle against the media and entertainment conglomerate.

Billionaire Activist Investor Nelson Peltz Sells Full Disney Stake

In April, Disney shareholders backed Chief Executive Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital.

Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report

Billionaire Nelson Peltz's Trian Fund Management has dissolved its stake in Walt Disney after a boardroom battle with the media giant, CNBC news reported on Wednesday, citing a person familiar with the matter.

Peltz's Trian sells out of Disney stock, CNBC reports

Activist investor Nelson Peltz has sold his entire stake in Disney, according to a person familiar with the matter. In early April, Trian's Peltz lost a proxy battle at Disney as shareholders reelected the company's full slate of board nominees.

Nelson Peltz sells entire Disney stake weeks after losing proxy battle

While sentiment remains low, the underlying business model remains strong with continued consumer engagement in parks, streaming services, and sports. Diversified streaming offerings across Disney+, Hulu, and ESPN create the optimal streaming package and allow for a strong competitive advantage. Management's large-scale investment across the Experiences segment illustrates confidence in both growth and stability.

Disney: Current Price Expectations Imply Lucrative Upside

Comcast

Crackdowns haven't stopped friends and families from sharing streaming accounts to save money.

Bundle Disney+ and Max? Most TV Watchers Already Do It.

Disney reported 2Q24 earnings, beating EPS estimates but missing revenue. Stock has dropped over 6% in the past month. Management really de-risked itself on this quarter's call after guidance disappointed investors. I think the pullback creates an opening to jump into the next recovery cycle. Disney's streaming business is starting to generate profit, and I think expectations should have reset enough this quarter for an outperform later in FY2024.

Disney: Streaming Headwinds De-Risked And New Catalyst Underway - Initiating With A Buy

American Airlines

Booking Hlds

Carnival

Despegar.com

Stocks like AAL, DESP, CCL, BKNG and DIS are likely to benefit from the increase in travel and tourism this Memorial Day weekend.

5 Stocks to Make the Most of the Busiest Memorial Day Weekend

Paramount Global

Buyout chatter hit Paramount stock recently as media giants grapple with changing consumer tastes and the rise of streaming.

Paramount And Disney Grapple With The Rapid Rise Of Streaming

On June 6, 2024, the newest expansion at the Tokyo Disney Resort will officially open to the public. Dubbed Fantasy Springs, the expansion cost $2.1 billion and is the largest expansion at the Japanese resort since its opening in 1983.

Look Inside Tokyo Disney's $2.1 Billion Expansion, Fantasy Springs

Microsoft

NVIDIA

When it comes to investing, the big brand names tend to offer the most in terms of long-term holdings. Though the American economy descends from a free-market capitalist ideology, the reality often results in monopolies or cornered markets.

Hedge Fund Favorites: 3 Blue-Chip Stocks Flashing Strong Buy Signals

Amid drama in the media and movie industries, this year's box office revenue tracks below 2023's pace. Netflix continues to dominate while other players reshuffle their teams and strategies.

Summer Cinema Crunch: Box Office Sales Off To A Slow Start In 2024

T-Mobile US

Dividend growth accelerated in the first quarter to a record $164.3 billion, propelled by distributions from companies such as Meta (META), Walt Disney & Co. (DIS), and T-Mobile (TMUS), according to a recent Janus Henderson Global Dividend Index report. And that's not including any special or one-time payout announcements.

Meta, T-Mobile and Disney Boosted US Dividend Growth in First Quarter

Disney stock has struggled after its post-earnings selloff, even as the S&P 500 took out new all-time highs. Disney's Linear TV business worries investors, given its secular decline. Disney anticipates streaming to reach profitability by FQ4, mitigating these concerns.

Disney: The Magic Isn't Gone But Patience Is Needed

Reliance Industries and Walt Disney have sought antitrust clearance for their $8.5 billion India media merger by arguing their combined power, especially on cricket broadcasting, will not hit advertisers, two people with direct knowledge told Reuters.

Reliance, Disney seek India antitrust nod with cricket rights assurance, sources say

Disney stock sold off after the Q2 earnings reveal, but the punishment was overdone. The focus now is on cost-cutting and cash flow, as linear TV declines and box-office potential contracts. Disney's parks division offers flexibility and excellent ROI, and CEO Bob Iger is prioritizing capital allocation in that area.

Disney: Still A Long-Term Idea, But Its Business Model Is Evolving

Shareholder payouts were up again in the first quarter as many companies are flush with cash.

Dividends Hit a Record. Thank Disney and Meta.

Warner Bros Discovery Inc

Warner Bros Discovery's TNT network has signed a five-year deal with Walt Disney-owned ESPN to broadcast select College Football Playoff games, starting from the upcoming college football season.

Warner Bros Discovery's TNT signs deal with ESPN for College Football Playoff

TNT Sports will begin airing College Football Playoff games this upcoming season through a sublicense with ESPN.

TNT will air College Football Playoff games through sublicense with ESPN

Warner Bros. Discovery's TNT will carry two first round College Football Playoff games this year and next year and two first round games plus two quarterfinals games starting in 2026.

News for Disney Stock (DIS)