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

CNBC spoke with ESPN chief Jimmy Pitaro, former Disney CEO Bob Chapek, and former ESPN President John Skipper as part of a digital documentary on ESPN's future.

How ESPN executives plan to survive the demise of cable TV

Former Disney CEO Bob Chapek spoke to CNBC about ESPN and its future in his first public comments since his 2022 firing.

Former Disney CEO Bob Chapek breaks silence, says there's no strategic need for ESPN partners

The latest trading day saw Walt Disney (DIS) settling at $116.46, representing a +1.7% change from its previous close.

Walt Disney (DIS) Rises Higher Than Market: Key Facts

American Express

YUM! Brands

Dividend growth stocks can help investors offset the effects of rising inflation. Disney, Yum!

3 Dividend Stocks That Have Raised Their Payouts by More Than 10% This Year

What do George Lucas, Jamie Dimon and the family of Walt Disney have in common?

Big names back Disney at critical time in activists' battle

Disney reported a significant increase in capital returns and narrowed losses in its direct-to-consumer business in the December quarter. DIS's CEO announced a 50% increase in the quarterly dividend and a $3.0B billion stock buyback, making the company an attractive option for investors seeking income. Shares have revaluation potential as the company moves toward operating income profitability in DTC for the first time ever in FY 2024.

Disney: A Turnaround Appears Imminent

Nelson Peltz's hedge fund, Trian Partners, is waging a $25 million war for Disney board seats. Trian was once the "most feared" activist hedge fund, but its power may be waning, The Journal reported.

Trian's $25 million battle for Disney board seats could be Nelson Peltz's last fight as the most powerful activist investor on the market

The proxy fight between activist investor Nelson Peltz and Disney continues to heat up this week. Now, George Lucas just made his support for Disney and Bob Iger known.

George Lucas says 'no one knows Disney better' as he backs Bob Iger in proxy fight with Peltz

The College Football Playoff and ESPN announced a $7.8 billion deal Tuesday that will give the network exclusive rights to the expanded postseason through the 2031 season, with the national championship game moving to ABC starting in 2026.

ESPN inks $7.8 billion deal to keep College Football Playoff through 2031

Star Wars and Indiana Jones maker George Lucas has come out in favour of chief executive Bob Iger as a heated battle around Walt Disney Co (NYSE:DIS, ETR:WDP)'s leadership continues. Ahead of a vote on April 3 over the entertainment giant's board members, set to determine whether activist investors Trian Fund Management and Blackwells Capital secure leadership roles at Disney, Lucas said on Tuesday that he would back existing directors.

Disney boss Bob Iger backed by George Lucas in proxy battle

The “Star Wars” creator and one of Disney's biggest individual shareholders said Tuesday that he was confident in the company's leadership in their battle against Peltz, whose hedge fund Trian Partners is trying to seize two board seats.

George Lucas Endorses Disney and CEO Bob Iger in Proxy Fight

George Lucas is throwing his support — and his shares — behind Disney CEO Bob Iger. The Star Wars creator is one of Disney's largest shareholders following the sale of Lucasfilm in 2012.

George Lucas says he has 'full faith and confidence' in Disney CEO Bob Iger amid proxy fight

Disney shares hit a new 52-week high this month, and momentum is strong heading into its April 3 shareholder meeting. A leading proxy advisory firm just announced support for Disney's boardroom in its battle against two activist groups.

Can Disney Stock Keep Hitting New 52-Week Highs?

Filmmaking legend and Disney shareholder George Lucas voiced his support Tuesday for Disney and its CEO Bob Iger in the company's proxy fight against activist investors Nelson Peltz and Blackwells Capital, multiple outlets reported, as shareholders gear up to vote in April's annual meeting.

George Lucas Backs Disney CEO Bob Iger In Battle With Billionaire Peltz

Filmmaker George Lucas has backed Walt Disney CEO Bob Iger in the media company's bitter proxy battle with activist investor Nelson Peltz, CNBC reported on Tuesday.

George Lucas backs Disney CEO Iger in proxy battle with Nelson Peltz, CNBC reports

Arista Networks

Dow Jones media giant Disney, along with AI stock Arista and Duolingo, are in or near buy zones in today's stock market action.

Dow Jones Media Giant Disney, AI Stock Arista In Or Near Buy Zones

Walt Disney Co (NYSE:DIS, ETR:WDP) shareholders were urged on Monday to re-elect the firm's existing board members in a blow to activist investors Trian Fund Management and Blackwells Capital. The duo, which have been building stakes in the media giant in recent years, have sought places on Disney's board in a bid to reinvigorate what they see as a struggling company.

Disney: Activist investors face blow as advisor says stick with board

BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. (Glass Lewis) today recommended shareholders vote the WHITE proxy card in support of all of Disney's 12 director nominees (and no other nominees) at the Company's Annual Meeting on April 3, 2024. “We are pleased that Glass Lewis recognizes the strength of our highly qualified nominees and supports our plans to return this ico.

Glass Lewis Recommends That Disney Shareholders Vote the White Proxy Card “For” Only Disney's Director Nominees

Walt Disney on Monday received a critical endorsement from a proxy advisory firm which can sway investor voting when Glass Lewis urged shareholders to re-elect all of the company's directors.

Disney receives endorsement from proxy advisory firm in board battle

Netflix

In a wide-ranging interview, the iconic CEO discussed the future of Disney+. He admitted to shortcomings in the company's streaming platform.

Disney CEO Bob Iger Just Made a Stunning Admission About Netflix. Here's What Investors Need to Know.

Walt Disney Co. (NYSE: DIS) investors are likely losers no matter what happens in the board fight between Disney and Nelson Peltz of Trian Partners.

Disney Is Losing

Advance Auto Parts

Crown Castle International

V.F.

Third Point gains activist stake in Advance Auto Parts, causing the stock to jump. Those who buy high-quality assets at low prices benefit when billionaire activists enter the same companies.

'Predator's Ball' Stock Market (And Sentiment Results)

The uber-confident 81-year-old billionaire is in the hot seat after an investor exodus and employee tensions rattled his hedge fund, Trian Partners.

A Big Disney Fight Isn't Nelson Peltz's Only Drama

Twenty-First Century Fox

Warner Bros Discovery Inc

Pete Distad will run the yet-to be named new venture, which is expected to debut in the fall.

Former Apple exec to lead new sports-streaming service from ESPN, Fox, Warner Bros. Discovery

Former Apple executive Pete Distad will be the CEO of the sports streaming joint venture formed by Walt Disney , Warner Bros Discovery and Fox Corp , the media companies said on Friday.

News for Disney Stock (DIS)