Walt Disney (DIS) FY2021 results: revenue $67.4 billion, up 3.1% on the year
Walt Disney Co. (DIS) reported revenue of $67.4 billion for fiscal 2021, the year ended 2 October 2021, up 3.1% on the year before. Net income was $2.0 billion, and diluted earnings per share $1.09. The figures are the company's own, from the 10-K it filed with the SEC on 24 November 2021.
Revenue
$67.4 billion
+3.1% on the year
FY2016FY2021
Operating margin
11.5%
12.4% a year earlier
FY2016FY2021
Net income
$2.0 billion
FY2016FY2021
Diluted EPS
$1.09
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
5,567
7,618
6,606
-26.9%
Capital expenditure
3,578
4,022
4,876
-11.0%
Free cash flow
1,989
3,596
1,730
-44.7%
Free cash flow margin
3.0%
5.5%
2.5%
Depreciation and amortisation
5,111
5,345
4,160
-4.4%
Share-based compensation
600
525
711
+14.3%
Buybacks
n/a
0.0
0.0
Dividends paid
0.0
1,587
2,895
Diluted shares, weighted
1,828m
1,808m
1,666m
+1.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
88,553
83,583
88,877
+5.9%
Non-controlling interest
4,458
4,680
5,012
-4.7%
Redeemable equity
9,213
9,249
8,963
-0.4%
Debt
54,406
58,628
46,986
-7.2%
Operating lease liabilities
2,983
n/a
n/a
Finance lease liabilities
246
n/a
n/a
Other liabilities
43,750
45,409
44,146
-3.7%
Total liabilities and equity
203,609
201,549
193,984
+1.0%
Fixed assets
32,624
32,078
31,603
+1.7%
Goodwill
78,071
77,689
80,293
+0.5%
Intangible assets
17,115
19,173
23,215
-10.7%
Investments
3,935
3,903
3,224
+0.8%
Cash and equivalents
15,959
17,914
5,418
-10.9%
Receivables
13,367
12,708
15,481
+5.2%
Inventory
1,331
1,583
1,649
-15.9%
Other assets
41,207
36,501
33,101
+12.9%
Total assets
203,609
201,549
193,984
+1.0%
10-K for the year ended 2 October 2021, filed 24 November 2021: the filing.