Walt Disney (DIS) FY2024 results: revenue $91.4 billion, up 2.8% on the year
Walt Disney Co. (DIS) reported revenue of $91.4 billion for fiscal 2024, the year ended 28 September 2024, up 2.8% on the year before. Net income was $5.0 billion, up 111.2%, and diluted earnings per share $2.72. The figures are the company's own, from the 10-K it filed with the SEC on 14 November 2024.
Revenue
$91.4 billion
+2.8% on the year
FY2017FY2024
Operating margin
17.1%
14.5% a year earlier
FY2017FY2024
Net income
$5.0 billion
+111.2% on the year
FY2017FY2024
Diluted EPS
$2.72
+110.9% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
13,971
9,866
6,010
+41.6%
Capital expenditure
5,412
4,969
4,943
+8.9%
Free cash flow
8,559
4,897
1,067
+74.8%
Free cash flow margin
9.4%
5.5%
1.3%
Cash from investing
-6,881
-4,641
-5,008
Cash from financing
-15,288
-2,724
n/a
Depreciation and amortisation
4,990
5,369
5,163
-7.1%
Share-based compensation
1,366
1,143
977
+19.5%
Buybacks
2,992
0.0
0.0
Dividends paid
1,366
0.0
0.0
Diluted shares, weighted
1,831m
1,830m
1,827m
+0.1%
Shares outstanding at period end
1,900m
1,800m
1,800m
+5.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
100,696
99,277
95,008
+1.4%
Non-controlling interest
4,826
4,680
3,871
+3.1%
Redeemable equity
0.0
9,055
9,499
Debt
45,815
46,431
48,369
-1.3%
Operating lease liabilities
2,768
3,258
3,020
-15.0%
Finance lease liabilities
160
206
219
-22.3%
Other liabilities
41,954
42,672
43,645
-1.7%
Total liabilities and equity
196,219
205,579
203,631
-4.6%
Fixed assets
37,041
34,941
33,596
+6.0%
Goodwill
73,326
77,067
77,897
-4.9%
Intangible assets
10,739
13,061
14,837
-17.8%
Investments
4,459
3,080
3,218
+44.8%
Cash and equivalents
6,002
14,182
11,615
-57.7%
Receivables
12,729
12,330
12,652
+3.2%
Inventory
2,022
1,963
1,742
+3.0%
Other assets
49,901
48,955
48,074
+1.9%
Total assets
196,219
205,579
203,631
-4.6%
10-K for the year ended 28 September 2024, filed 14 November 2024: the filing.