Loading…
The Walt Disney Company
Dow 30 S&P 500
$180.5B
Market Cap
16.6
P/E
1.48
PEG
7.9%
ROCE
12.2%
ROE
0.31
D/E
13.8%
OPM
⚖️ Compare? 🔒 Generate Report 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for DIS including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

The Walt Disney Company operates as an entertainment company in Americas, Europe, and the Asia Pacific.

Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding DIS
View All Superinvestors →
Manager Shares Value % of Fund Period
Andreas Halvorsen Viking Global Investors 13.30M $1.3B 3.59% Mar 2026
Jeff Ubben ValueAct Holdings 400.2K $38.6M 0.68% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Mixed → Stable 4 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$25.2B
+7% YoY
Segment Operating Income
$4.6B
+4% YoY
Adjusted EPS
$1.57
+8% YoY
Free Cash Flow
$4.9B
+1% YoY
What Went Right
  • Entertainment SVOD revenue growth accelerated to 13% in Q2, with subscription revenue driven by both rate and volume.
  • Experiences revenue up 7% to a Q2 record, with both revenue and segment operating income ahead of guidance.
  • Disney+ and Hulu integration driving lower churn and higher engagement; double-digit advertising revenue growth in streaming.
What to Watch
  • International visitation and Epic Universe headwinds impacted domestic parks attendance (down 1% in Q2), though expected to ease.
  • Sports segment operating income declined 5% due to NFL network transaction integration and programming costs.
  • Management flagged macroeconomic uncertainty and potential consumer behavior changes if fuel prices rise significantly.
Management Guidance
  • Q3 fiscal 2026 total segment operating income expected approximately $5.3 billion.
  • Fiscal 2026 adjusted EPS growth of about 12%, excluding the 53rd week; about 16% including it.
  • At least $8 billion in share repurchases planned for fiscal 2026; double-digit adjusted EPS growth also expected in fiscal 2027 excluding the 53rd week.
Investor Lens
The quarterly thesis strengthened as Disney beat guidance across the board, with streaming profitability reaching double-digit margins and robust parks demand. The content pipeline (Zootopia 2, upcoming franchise films) and technology investments in personalization and AI support long-term engagement and lifetime value. However, macro headwinds and sports transition costs remain, but the management's disciplined execution and clear strategic priorities reinforce confidence in the growth story.
From investor presentation · AI-generated analysis · Not investment advice
🔒
Premium Feature
Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance
Upgrade to Premium
Already a member? Log in
📈 STRONG Strong quarter with revenue and margin outperformance, streaming inflection.
Revenue
Revenue reached $25.2 billion, up 7% YoY, driven by Entertainment (+10%), Experiences (+7%), and Sports (+2%). The outperformance was broad-based, with core parks revenue beating expectations.
Profitability
Segment operating income grew 4% to $4.6 billion, ahead of guidance. Adjusted EPS rose 8% to $1.57, reflecting strong revenue flow-through partially offset by higher pre-opening costs for new parks and ships.
Margins
Total segment operating margin was 18.3% (down ~0.5pp YoY) as revenue growth outpaced OI growth due to investment costs. Entertainment SVOD margins reached double digits for the first time, a key milestone.
Balance Sheet
Free cash flow was $4.9 billion, up 1% YoY. The company generated $6.9 billion in operating cash flow in the quarter. No specific debt or CapEx figure provided beyond the $8 billion share repurchase commitment.
Key Risks
1) International visitation and Epic Universe attendance headwinds, which management expects to ease in coming quarters. 2) Macroeconomic uncertainty and potential fuel price increases could affect consumer behavior. 3) Sports segment transition costs and NFL network integration could pressure near-term margins.
Outlook
For Q3 fiscal 2026, total segment operating income is guided to approximately $5.3 billion. Full-year adjusted EPS growth is expected at about 12% (excluding the 53rd week), with double-digit growth also expected in fiscal 2027.
Generated by AI · Q2 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Documents.

Access concall transcripts, annual reports, credit ratings, and investor presentations.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.