Walt Disney (DIS) FY2022 results: revenue $82.7 billion, up 22.7% on the year
Walt Disney Co. (DIS) reported revenue of $82.7 billion for fiscal 2022, the year ended 1 October 2022, up 22.7% on the year before. Net income was $3.1 billion, up 57.6%, and diluted earnings per share $1.72. The figures are the company's own, from the 10-K it filed with the SEC on 29 November 2022.
Revenue
$82.7 billion
+22.7% on the year
FY2016FY2022
Operating margin
14.7%
11.5% a year earlier
FY2016FY2022
Net income
$3.1 billion
+57.6% on the year
FY2016FY2022
Diluted EPS
$1.72
+57.8% on the year
FY2016FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
6,010
5,567
7,618
+8.0%
Capital expenditure
4,943
3,578
4,022
+38.1%
Free cash flow
1,067
1,989
3,596
-46.4%
Free cash flow margin
1.3%
3.0%
5.5%
Cash from investing
-5,008
n/a
n/a
Depreciation and amortisation
5,163
5,111
5,345
+1.0%
Share-based compensation
977
600
525
+62.8%
Buybacks
0.0
n/a
0.0
Dividends paid
0.0
0.0
1,587
Diluted shares, weighted
1,827m
1,828m
1,808m
-0.1%
Shares outstanding at period end
1,800m
n/a
n/a
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
95,008
88,553
83,583
+7.3%
Non-controlling interest
3,871
4,458
4,680
-13.2%
Redeemable equity
9,499
9,213
9,249
+3.1%
Debt
48,369
54,406
58,628
-11.1%
Operating lease liabilities
3,020
2,983
n/a
+1.2%
Finance lease liabilities
219
246
n/a
-11.0%
Other liabilities
43,645
43,750
45,409
-0.2%
Total liabilities and equity
203,631
203,609
201,549
+0.0%
Fixed assets
33,596
32,624
32,078
+3.0%
Goodwill
77,897
78,071
77,689
-0.2%
Intangible assets
14,837
17,115
19,173
-13.3%
Investments
3,218
3,935
3,903
-18.2%
Cash and equivalents
11,615
15,959
17,914
-27.2%
Receivables
12,652
13,367
12,708
-5.3%
Inventory
1,742
1,331
1,583
+30.9%
Other assets
48,074
41,207
36,501
+16.7%
Total assets
203,631
203,609
201,549
+0.0%
10-K for the year ended 1 October 2022, filed 29 November 2022: the filing.