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

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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.

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SG&A

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Net income

Earnings per share

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Book value per share

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Two weeks after Disneyland released new rates for tickets and annual passes, the Magic Kingdom has followed suit: Walt Disney World today announced pricing for its four-tier annual pass program, effective immediately. The average increase across the tiers is 6.25%. For comparison, the Consumer Price Index rose 2.

Walt Disney World Hikes Annual Pass Prices

Boyd Gaming

Caesars Entertainment

Flutter Entertainment PLC

Las Vegas Sands

MGM Resorts

Penn Entertainment

The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.

Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth

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These companies have faced setbacks, but I'm confident their stock prices will flourish once again.

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Apple

Disney is breaking up with Apple — at least a little bit. Disney is no longer letting new customers sign up for Hulu or Disney+ via Apple's App Store.

Disney and Apple are breaking up over app store fees

Rogue One: A Star Wars Story is one of the most pivotal movies ever made by Disney. Premiering in 2016, it was the media giant's first Star Wars spinoff film and generated a staggering $1.1 billion at the box office proving the earning potential for a wider universe of movies and shows.

Why Disney Is Still Paying For 2016's Star Wars Movie ‘Rogue One'

Disney said Monday it would name a new CEO in early 2026 and named James Gorman as board chairman. Bob Iger's previous succession plan failed, leading to his return as CEO in 2022.

Disney's CEO plan sparks speculation on what the drawn-out Bob Iger succession means

Bob Iger's successor will be revealed in early 2026. Disney can't strike out twice.

Can a New CEO Get Disney Stock Back to $100?

Microsoft

NIKE

Microsoft, Nike, and Disney offer investors a blend of value, growth, and income.

If I Could Buy Only 3 Dow Jones Stocks Through 2025, I'd Pick These 3 Dividend-Growth Companies

24/7 Wall St. Insights Walt Disney Co. (NYSE: DIS) has announced a modest restructuring of its board.

Investors Still Hate Disney

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These beaten-down stocks could make you some serious money on the rebound.

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James Gorman wanted a challenging board role after nailing succession at Morgan Stanley. He's getting one at Disney.

The Wall Street Veteran Leading Disney's Search for Iger's Replacement

Despite concerns about Disney's "woke" culture, my deeper analysis of its content pipeline suggests management is on the right track creatively. However, the company faces growing competition from Netflix, Amazon Prime Video, and YouTube, as traditional Hollywood comes under increasing pressure from tech giants. To benefit shareholders, Disney could increase its dividend. A yield of 3.5% or higher would make the stock a portfolio staple.

Disney's Movie Pipeline Shows Promise Amid Tech-Led Hollywood

Shares of The Walt Disney Co. (DIS) declined Monday as the entertainment giant said that the replacement for Chief Executive Officer (CEO) Bob Iger will be named in early 2026.

Disney Says It Will Announce CEO Iger's Replacement in Early 2026

The House of Mouse taps former Morgan Stanley CEO as its new board chair, who will lead search for Iger's replacement

Disney says it will name CEO Bob Iger's second successor in 2026

Walt Disney Co (NYSE:DIS, ETR:WDP) plans to announce its next CEO replacing Bob Iger in early 2026, the company said on Monday.  It also announced the appointment of James Gorman as chairman of the board, effective January 2, 2025.

Disney plans to announce next CEO in early 2026

Walt Disney on Monday named Morgan Stanley veteran James Gorman as chairman and said it would announce a new CEO to replace Bob Iger in early 2026, setting the stage for succession at the storied media and entertainment company.

Disney announces James Gorman as new chairman

Disney aims to announce Bob Iger's replacement as CEO by early 2026, providing insight into the company's succession planning efforts. The timeline was confirmed in a company update on Monday, marking a significant step toward leadership transition.

Disney plans to name CEO Bob Iger's successor by ‘early 2026'

The company also said Mark Parker resigned as the chairman and named James Gorman as his replacement, effective Jan. 2.

Disney to Name Bob Iger's Successor in Early 2026

Walt Disney said Monday that Chairman Mark Parker will leave the company after two years in the role, and will be succeeded by board member and CEO succession planner James Gorman.

Disney to elevate CEO-search leader James Gorman to chairman

James Gorman, the former Morgan Stanley CEO who joined Disney's board earlier this year in a signal to investors about the company's succession process, has been named chairman. He will succeed Mark Parker on January 2, 2025. Parker is leaving the board after serving on it for nine years.

Disney Names James Gorman Chairman Of The Board

Disney announced shakeups to its top leadership positions Monday, tapping veteran banker James Gorman as the chairman of its board and indicating it expects to name a successor to its 73-year-old famed CEO Bob Iger by 2026.

Disney Will Name Bob Iger CEO Replacement In 2026, Taps Banker James Gorman As Chairman

Gorman pledged on Monday that finding a successor to CEO Bob Iger is a "critical priority."

Disney names ex-Morgan Stanley CEO James Gorman its next chairman of the board

The entertainment giant names James P. Gorman as chairman, effective early next year.

Disney to Name CEO Iger Successor in Early 2026

Walt Disney said on Monday it has named James Gorman as chairman of the board, effective Jan. 2, replacing Mark Parker, who is leaving the company after nine years.

Disney names James Gorman as new chairman, to announce next CEO in early 2026

Disney will name a successor to CEO Bob Iger in early 2026, the company said in a statement. Former Morgan Stanley CEO James Gorman will replace Nike Executive Chairman Mark Parker as chairman in January.

News for Disney Stock (DIS)