Walt Disney (DIS)
Market Price (11/15/2025): $105.95 | Market Cap: $190.6 BilSector: Communication Services | Industry: Movies & Entertainment
Walt Disney (DIS)
Market Price (11/15/2025): $105.95Market Cap: $190.6 BilSector: Communication ServicesIndustry: Movies & Entertainment
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, FCF Yield is 6.1% | Weak multi-year price returns2Y Excs Rtn is -31%, 3Y Excs Rtn is -56% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 19 Bil, FCF LTM is 12 Bil | ||
| Low stock price volatilityVol 12M is 30% | ||
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, and Digital Content & Streaming. Themes include Experiential Retail, Travel & Leisure Tech, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, FCF Yield is 6.1% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 19 Bil, FCF LTM is 12 Bil |
| Low stock price volatilityVol 12M is 30% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, and Digital Content & Streaming. Themes include Experiential Retail, Travel & Leisure Tech, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -31%, 3Y Excs Rtn is -56% |
Market Valuation & Key Metrics
DIS Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are five key points explaining the approximate -11.2% movement in Walt Disney (DIS) stock from July 31, 2025, to November 15, 2025:
1. Disappointing Fiscal Fourth-Quarter 2025 Earnings Report. Walt Disney reported its fiscal fourth-quarter financial results on November 13, 2025, which disappointed investors and led to a sharp decline in shares. While adjusted earnings per share (EPS) of $1.11 surpassed analysts' expectations of $1.05, the company's total revenues of $22.5 billion were slightly below the projected $22.8 billion.
2. Decline in Entertainment Segment Revenue. The entertainment segment, which is Disney's largest revenue stream, experienced a 6% drop in revenue, falling from approximately $10.8 billion to $10.2 billion. This decline was attributed to a decrease in both TV advertising and box office sales.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DIS Return | 25% | -15% | -44% | 4% | 24% | -3% | -24% |
| Peers Return | 17% | 2% | -16% | 12% | 10% | -25% | -8% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 15% | 109% |
Monthly Win Rates [3] | |||||||
| DIS Win Rate | 50% | 42% | 33% | 50% | 50% | 40% | |
| Peers Win Rate | 27% | 20% | 19% | 33% | 40% | 48% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| DIS Max Drawdown | -41% | -22% | -46% | -9% | -5% | -27% | |
| Peers Max Drawdown | -7% | -3% | -23% | -12% | -11% | -38% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: NFLX, CMCSA, FUN, ANGH, ANGX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/14/2025 (YTD)
How Low Can It Go
| Event | DIS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -60.7% | -25.4% |
| % Gain to Breakeven | 154.6% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.1% | -33.9% |
| % Gain to Breakeven | 72.8% | 51.3% |
| Time to Breakeven | 246 days | 148 days |
| 2018 Correction | ||
| % Loss | -16.3% | -19.8% |
| % Gain to Breakeven | 19.5% | 24.7% |
| Time to Breakeven | 298 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -57.3% | -56.8% |
| % Gain to Breakeven | 134.4% | 131.3% |
| Time to Breakeven | 408 days | 1480 days |
Compare to NFLX, CMCSA, FUN, ANGH, ANGX
In The Past
Walt Disney's stock fell -60.7% during the 2022 Inflation Shock from a high on 3/8/2021. A -60.7% loss requires a 154.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
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Latest Trefis Analyses
Trade Ideas
Select past ideas related to DIS. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10032025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -16.8% | -16.8% | -16.8% |
| 10032025 | CABO | Cable One | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -39.5% | -39.5% | -39.5% |
| 10032025 | FUN | Six Flags Entertainment | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -37.0% | -37.0% | -37.0% |
| 09122025 | DV | DoubleVerify | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -19.6% | -19.6% | -27.9% |
| 07312025 | CMCSA | Comcast | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -14.9% | -14.9% | -17.9% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10032025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -16.8% | -16.8% | -16.8% |
| 10032025 | CABO | Cable One | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -39.5% | -39.5% | -39.5% |
| 10032025 | FUN | Six Flags Entertainment | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -37.0% | -37.0% | -37.0% |
| 09122025 | DV | DoubleVerify | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -19.6% | -19.6% | -27.9% |
| 07312025 | CMCSA | Comcast | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -14.9% | -14.9% | -17.9% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Walt Disney
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 21.05 |
| Mkt Cap | 146.3 |
| Rev LTM | 43,379 |
| Op Inc LTM | 12,643 |
| FCF LTM | 8,967 |
| FCF 3Y Avg | 7,353 |
| CFO LTM | 9,575 |
| CFO 3Y Avg | 10,518 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.0% |
| Rev Chg 3Y Avg | 8.3% |
| Rev Chg Q | 2.1% |
| QoQ Delta Rev Chg LTM | 0.5% |
| Op Mgn LTM | 14.8% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 20.3% |
| CFO/Rev 3Y Avg | 17.7% |
| FCF/Rev LTM | 12.2% |
| FCF/Rev 3Y Avg | 9.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 146.3 |
| P/S | 1.4 |
| P/EBIT | 9.0 |
| P/E | 10.5 |
| P/CFO | 7.2 |
| Total Yield | 4.4% |
| Dividend Yield | 0.2% |
| FCF Yield 3Y Avg | 3.8% |
| D/E | 0.6 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -7.5% |
| 3M Rtn | -11.3% |
| 6M Rtn | -20.9% |
| 12M Rtn | -34.3% |
| 3Y Rtn | 0.5% |
| 1M Excs Rtn | -7.6% |
| 3M Excs Rtn | -16.5% |
| 6M Excs Rtn | -33.9% |
| 12M Excs Rtn | -47.7% |
| 3Y Excs Rtn | -69.4% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/13/2025 | -7.7% | ||
| 8/6/2025 | -2.7% | -3.9% | 0.4% |
| 5/7/2025 | 10.8% | 20.8% | 22.1% |
| 2/5/2025 | -2.4% | -3.8% | -6.9% |
| 11/14/2024 | 6.2% | 11.2% | 10.3% |
| 8/7/2024 | -4.5% | -4.9% | -1.5% |
| 5/7/2024 | -9.5% | -9.1% | -12.9% |
| 2/7/2024 | 11.5% | 12.5% | 11.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 9 | 11 |
| # Negative | 14 | 15 | 13 |
| Median Positive | 5.6% | 11.2% | 10.3% |
| Median Negative | -2.6% | -3.8% | -8.2% |
| Max Positive | 11.5% | 20.8% | 24.9% |
| Max Negative | -13.2% | -9.8% | -21.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 6302025 | 8062025 | 10-Q 6/28/2025 |
| 3312025 | 5072025 | 10-Q 3/29/2025 |
| 12312024 | 2052025 | 10-Q 12/28/2024 |
| 9302024 | 11142024 | 10-K 9/28/2024 |
| 6302024 | 8072024 | 10-Q 6/29/2024 |
| 3312024 | 5072024 | 10-Q 3/30/2024 |
| 12312023 | 2072024 | 10-Q 12/30/2023 |
| 9302023 | 11212023 | 10-K 9/30/2023 |
| 6302023 | 8092023 | 10-Q 7/1/2023 |
| 3312023 | 5102023 | 10-Q 4/1/2023 |
| 12312022 | 2082023 | 10-Q 12/31/2022 |
| 9302022 | 11292022 | 10-K 10/1/2022 |
| 6302022 | 8102022 | 10-Q 7/2/2022 |
| 3312022 | 5112022 | 10-Q 4/2/2022 |
| 12312021 | 2092022 | 10-Q 1/1/2022 |
| 9302021 | 11242021 | 10-K 10/2/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Coleman Sonia L | Sr. EVP and Chief HR Officer | 8252025 | Sell | 118.57 | 1,971 | 233,701 | Form | |
| 1 | WOODFORD BRENT | EVP, Control, Fin Plan & Tax | 5132025 | Sell | 110.84 | 1,000 | 110,845 | 5,190,982 | Form |
| 2 | Coleman Sonia L | Sr. EVP and Chief HR Officer | 1222025 | Sell | 108.76 | 689 | 74,936 | Form | |
| 3 | Coleman Sonia L | Sr. EVP and Chief HR Officer | 11122024 | Sell | 99.99 | 2,798 | 279,772 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |