Walt Disney Co (DIS) stock
DISNYSEServices-Miscellaneous Amusement & RecreationFiscal year ends October 3
Financials through Q3 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 5, 2026Score 14/3019% below fair value
$118.97+0.74 (+0.63%)
Close on Nov 13, 2026Market cap $205.42BP/E 24.5Yield –
Walt Disney operating margin
Operating margin is operating income as a percentage of revenue.
Walt Disney's operating margin for the twelve months ending Jun 27, 2026 was 18.4%. For fiscal 2025 it was 18.6%, against 17.1% the year before. The highest annual figure on record is 26.8% in fiscal 2017.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Sep 27, 2025 | 18.6% | +1.5 |
| FY2024 | Sep 28, 2024 | 17.1% | +2.6 |
| FY2023 | Sep 30, 2023 | 14.5% | −0.2 |
| FY2022 | Oct 1, 2022 | 14.7% | +3.1 |
| FY2021 | Oct 2, 2021 | 11.5% | −0.9 |
| FY2020 | Oct 3, 2020 | 12.4% | −8.9 |
| FY2019 | Sep 28, 2019 | 21.3% | −5.1 |
| FY2018 | Sep 29, 2018 | 26.4% | −0.4 |
| FY2017 | Sep 30, 2017 | 26.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026CQ2 2026 | Jun 27, 2026 | 22.0% | +2.7 |
| Q2 FY2026CQ1 2026 | Mar 28, 2026 | 18.3% | −0.5 |
| Q1 FY2026CQ4 2025 | Dec 27, 2025 | 17.7% | −2.8 |
| Q4 FY2025CQ3 2025 | Sep 27, 2025 | 15.5% | −0.7 |
| Q3 FY2025CQ2 2025 | Jun 28, 2025 | 19.3% | +1.1 |
| Q2 FY2025CQ1 2025 | Mar 29, 2025 | 18.8% | +1.4 |
| Q1 FY2025CQ4 2024 | Dec 28, 2024 | 20.5% | +4.0 |
| Q4 FY2024CQ3 2024 | Sep 28, 2024 | 16.2% | +2.2 |
| Q3 FY2024CQ2 2024 | Jun 29, 2024 | 18.2% | +2.3 |
| Q2 FY2024CQ1 2024 | Mar 30, 2024 | 17.4% | +2.4 |
| Q1 FY2024CQ4 2023 | Dec 30, 2023 | 16.5% | +3.5 |
| Q4 FY2023CQ3 2023 | Sep 30, 2023 | 14.0% | +6.1 |
| Q3 FY2023CQ2 2023 | Jul 1, 2023 | 15.9% | −0.6 |
| Q2 FY2023CQ1 2023 | Apr 1, 2023 | 15.1% | −4.2 |
| Q1 FY2023CQ4 2022 | Dec 31, 2022 | 12.9% | −2.0 |
| Q4 FY2022CQ3 2022 | Oct 1, 2022 | 7.9% | −0.6 |
| Q3 FY2022CQ2 2022 | Jul 2, 2022 | 16.6% | +2.6 |
| Q2 FY2022CQ1 2022 | Apr 2, 2022 | 19.2% | +3.4 |
| Q1 FY2022CQ4 2021 | Jan 1, 2022 | 14.9% | +6.7 |
| Q4 FY2021CQ3 2021 | Oct 2, 2021 | 8.6% | +4.4 |
| Q3 FY2021CQ2 2021 | Jul 3, 2021 | 14.0% | +4.7 |
| Q2 FY2021CQ1 2021 | Apr 3, 2021 | 15.8% | +2.4 |
| Q1 FY2021CQ4 2020 | Jan 2, 2021 | 8.2% | −10.9 |
| Q4 FY2020CQ3 2020 | Oct 3, 2020 | 4.1% | −13.8 |
| Q3 FY2020CQ2 2020 | Jun 27, 2020 | 9.3% | −10.2 |
| Q2 FY2020CQ1 2020 | Mar 28, 2020 | 13.4% | −12.2 |
| Q1 FY2020CQ4 2019 | Dec 28, 2019 | 19.1% | −4.7 |
| Q4 FY2019CQ3 2019 | Sep 28, 2019 | 17.9% | −5.0 |
| Q3 FY2019CQ2 2019 | Jun 29, 2019 | 19.5% | −8.0 |
| Q2 FY2019CQ1 2019 | Mar 30, 2019 | 25.6% | −3.6 |
| Q1 FY2019CQ4 2018 | Dec 29, 2018 | 23.9% | −2.1 |
| Q4 FY2018CQ3 2018 | Sep 29, 2018 | 22.9% | – |
| Q3 FY2018CQ2 2018 | Jun 30, 2018 | 27.5% | – |
| Q2 FY2018CQ1 2018 | Mar 31, 2018 | 29.1% | – |
| Q1 FY2018CQ4 2017 | Dec 30, 2017 | 26.0% | – |
See a number that looks wrong?