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

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 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

Earnings data Q1 2025

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.

Disney reports robust Q4 results, focuses on streaming and Experiences growth

Disney's Q4 earnings call highlights strong performance across key segments, creative content offerings, and strategic investments. While facing challenges in certain areas, the company is focused on leveraging opportunities in streaming, DTC margins, and international expansion. Overall, Disney remains optimistic about its growth trajectory and future prospects.

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

I must admit that I have been disappointed with Disney stock's recovery. While I bought near its lows, DIS has continued to struggle for momentum. Despite making solid progress in its streaming business toward breakeven, investors are focusing on the execution risks in its declining Linear TV business. The recent post-earnings surge has also been reversed, indicating investors weren't confident holding their positions for long.

Disney: Market Pessimism Doesn't Make Much Sense To Me

Disney just raised prices on Disney+ with no ads by 27%. The launch of the Disney+ ad-supported tier could be a huge catalyst for pole-vaulting Disney+ to profitability.

The Surprising Reason Why Disney Wants You to Pay Less for Disney+

Boeing

AT&T

Walgreens

Blue-chip stocks are considered a more conservative way to invest, relative to more speculative names like early-stage growth stocks or penny stocks. However, that doesn't mean owning them offers a guaranteed path to solid returns.

7 Sorry Blue-Chip Stocks to Sell in August Before It's Too Late

Intel

Verizon

Investors sometimes overlook dow stocks thanks to the quirky composition that comes with the terriroty. However, there are some bargains to be had if you look carefully.

3 Most Undervalued Dow Stocks to Buy Now: August 2023

Amazon

Endeavor Group Holdings

IMAX

Netflix

Paramount Global

Spotify

In the vibrant realm of media stocks, the quest for undervalued entertainment stocks has never been more enticing. The entertainment industry has showcased remarkable resilience post-pandemic, promising a rosy growth phase for the sector.

The 7 Most Undervalued Entertainment Stocks to Buy Now: August 2023

Apple

Wedbush's Dan Ives thinks that ESPN would be a "perfect fit" for Apple. Perhaps the right price tag could entice Disney to put ESPN up for sale.

Should Apple Buy ESPN From Disney? Wall Street Analyst Dan Ives Thinks It's a "No-Brainer"

Disney has received a lot of criticism for underperforming at the box office. The company has a history of generating value from films long after they leave theaters.

The Biggest Mistake Investors Are Making With Disney Stock Right Now

PayPal

Disney might be struggling, but the entertainment giant should rebound when the economy improves. PayPal shares look dirt cheap and investor confidence should return now that it's named a new CEO.

2 Stocks Down 55% and 80% to Buy Right Now

The biggest name in US sports broadcasting has graduated from covering gambling to promoting it in an about-face for Bob Iger and a sign of turbulent times

Disney and ESPN bet big on entering gambling arena – but will they win?

Disney's intense cost-cutting is working. Disney+ is making excellent progress toward becoming profitable by the end of the next fiscal year.

5 Bright Green Flags From Disney's Latest Report to Investors

Keurig Dr Pepper Inc

NextEra Energy

The usual lull in market activity is expected as the summer season comes to a close. That doesn't mean you should be complacent when it comes to managing your portfolio.

3 Most Undervalued Stocks To Watch: August 2023

The shares of Walt Disney (NYSE: DIS) have experienced a 5% decline over the course of this week. In all fairness, it's important to note that the broader market itself has witnessed a downtrend over the last five trading sessions.

What's going on with Disney stock this week?

The media giant's direct-to-consumer segment remains deeply in the red. As a result, subscription prices are heading higher on most Disney+ plans.

2 Must-See Charts That Show Why Disney Needs to Raise Prices

Charter Communications

Comcast

DISH Network

Alphabet

Cable service cancellations are still holding at their pre-pandemic pace. While the advent of streaming alternatives is the core cause, cable companies (and their content studios) aren't picking up their share of these customers.

Cord-Cutting Claimed Another 1.7 Million Cable Customers in Q2. Here's What Investors Need to Know.

Summer business at Disney World has spurred a great debate over whether the Orlando, Fla., landmark is a victim of a precipitous drop in recent attendance, prompting some to call it a “ghost town,” or a victim of a larger problem in a state roiled by atrocious weather, internecine politics and economic uncertainty.

Is Disney World really a ‘ghost town'? Or the victim, like other Florida parks, of lousy weather and high ticket prices?

DIS has decided to further intensify its streaming monetization efforts, by taking a leaf out of NFLX's playbook with paid sharing from 2024 onwards. This is on top of the raised Disney+ Premium (ad-free) prices by +30% to $13, and Hulu by +20% to $17.99 monthly from October 2023 onwards. Our previous article has also predicted DIS' eventual entry to the sports betting market as a strategic direction for renewed growth, thanks to the ESPN reorganization.

Walt Disney: Doubling Down On Its Streaming Bet

It comes as no surprise that TSG Entertainment is suing the Walt Disney Company over cheating it out of film profits, something which is very common in Hollywood.

Walt Disney Company Accused Of Cheating Movie Investors

The striking Writers Guild of America (WGA) on Thursday urged federal regulators to increase their oversight of the streaming media business, saying Walt Disney , Amazon.com and Netflix had amassed too much power.

Striking writers take antitrust aim at Disney, Amazon, Netflix

Activision Blizzard

Brookfield Infrastructure

Blackrock Inc

Brookfield Corp

Home Depot

Microsoft

Nutrien

Starbucks

SPDR S&P 500 ETF Trust

Texas Instruments

Visa

Some months we might appear to underperform, but you must trust the process over the long term to evaluate our performance more accurately. On July 11, my shares of Activision Blizzard were up more than 10% on that day. Each year, I do a complete review of my portfolios in December. I like to take some time off to reflect on the year and review my asset, sector, and stock allocations.

The ATVI Story - July Dividend Income Report

Disney's international parks are putting up record results. Traditional media remains a major contributor to Disney's bottom line.

Disney's Bob Iger Reminded Wall Street of the Company's Hidden Magic in Recent Earnings Call

Parks are still carrying the company as Disney experiences challenges with its other businesses. Streaming revenue is increasing, and losses are improving.

Should You Buy Disney Stock? The Good, the Bad, and the Ugly

Disney has more-valuable existing content than Netflix does. Viewing Disney's streaming options through the lens of a content library gives the offering intrinsic value.

The Major Reason an Ad-Supported Tier Makes More Sense for Disney Than for Netflix

Walt Disney is increasing subscription prices for Disney+ and Hulu, which could drive its DTC business to profitability within a year. The company has experienced subscriber losses again in FQ3, particularly in its Disney+ hotstar service in India. Despite these challenges, cost-cutting measures and subscription price increases support Walt Disney's earnings growth and make it an attractive investment in the streaming market.

News for Disney Stock (DIS)