Walt Disney Company (The) (DIS) stock analysis
Company overview and business model
Source fact: The Walt Disney Company operates as an entertainment company in Americas, Europe, and the Asia Pacific. It operates in three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners. It also provides direct-to-consumer streaming services through Disney+, Disney+ Hotstar, and Hulu; sports-related video streaming content through ESPN, ESPN on ABC, ESPN+ DTC, and Star; sale/licensing of film and episodic content to television and video-on-demand services; theatrical, home entertainment, and music distribution services; DVD and Blu-ray discs, electronic home video licenses, and VOD rental services; staging and licensing of live entertainment events; and post-production services. In addition, the company operates theme parks and resorts, such as Walt Disney World Resort, Disneyland Resort, Disneyland Paris, Hong Kong Disneyland Resort, Shanghai Disney Resort, Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, and Adventures by Disney, as well as Aulani, a Disney resort and spa in Hawaii. Further, it licenses its intellectual property (IP) to a third party that owns and operates Tokyo Disney Resort; licenses trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games; operates a direct-to-home satellite distribution platform; sells branded merchandise through retail, online, and wholesale businesses; and develops and publishes books, comic books, and magazines. The company was founded in 1923 and is based in Burbank, California.
Classification: NYSE · Communication Services · Entertainment
Revenue and growth
Source fact: Revenue was USD 94.42 billion for the period ending 2025-09-30.
Caverian calculation: Revenue changed +3.4% (FY2025 vs FY2024).
Profitability
Source fact: Net income was USD 12.40 billion in the latest reported period.
Source metric: Reported net margin was 13.1%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 5.70 billion.
Source fact: Total debt was USD 44.88 billion.
Source metric: Current ratio was 0.71x.
Cash-flow analysis
Source fact: Operating cash flow was USD 18.10 billion.
Source fact: Free cash flow was USD 10.08 billion.
Valuation
Source metrics: Trailing P/E 22.14x; Forward P/E 14.45x; Price to book 1.69x; Price to sales 1.88x; EV/EBITDA 11.08x.
Caverian model output: Value score was 52/100.
Competitive position
Classification: Peer context: Entertainment within Communication Services.
Caverian model output: Quality score was 62/100.
Caverian model output: Growth score was 60/100.
Material risks
Caverian model interpretation: Watch out: short-term cash may not cover short-term bills.
Caverian calculation: Altman Z-score was 2.42 (grey zone).
Caverian calculation: Piotroski F-score was 7/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles