Disney Profits

[sameyeyam]

As an accountant I am always interested in a company's financial statements. So I did a little research on the Walt Disney Company after returning from our last (expensive) trip! Here is what I discovered:

1. They are ranked #63 on the Fortune Magazine's 500 top company's list for 2006. They have revenues of $31.9 Billion last year and their operating profit was $5.1 Billion and $2.53 Billion dollars operating proft (after depreciation). Pretty impressive!

2. So how much of that came from the Parks - 28% of their total revenue was from theme parks and 23% of their operating income was from theme parks. So basically $8.9 Billion dollars of revenue was earned from theme parks and their operating profit from the theme parks was $1.17 BILLION DOLLARS.

I find this all very interesting in light of the way that people tend to moan & groan about how much money Walmart makes. Yet I never hear anyone complain about how much Disney makes! By the way, Walmart is ranked #2 has revenue of $315 Billion dollars and a operating profit of $11.2 Billion dollars for 2005.

What does this tell me?? That Disney is way better at making money than Walmart! Disney keeps 8% of their revenues as profit and Walmart only keeps about 3.5%! Maybe I should buy some Disney stock!

By the way I love Disney and happily plop down my hard earned dollars every year. I just thought this would be interesting material for everyone to read and ponder for a bit.

 

[STEAMBOAT209]

That is very interesting to know just how much money Disney is bringing in, was the report broken down by operating sites,? Would be interesting to see Disneyland vs Fla, and the others $$ ?

 

[sameyeyam]

That is very interesting to know just how much money Disney is bringing in, was the report broken down by operating sites,? Would be interesting to see Disneyland vs Fla, and the others $$ ?

I didn't look far enough to see the breakdown. However since they are a publicly traded company, they have a lot of info. on their website, so I'm sure it's there, somewhere! I'll have to look that up when I have time. Another interesting fact I didn't include on the first post is they are the 2nd largest media company, Time Warner is #1. Also, someone here in the office asked me since Walmart was #2 on Fortune 500, who is #1. I can't remember exactly, but it was an oil company, Exxon-Mobil I think!

 

[STEAMBOAT209]

I didn't look far enough to see the breakdown. However since they are a publicly traded company, they have a lot of info. on their website, so I'm sure it's there, somewhere! I'll have to look that up when I have time. Another interesting fact I didn't include on the first post is they are the 2nd largest media company, Time Warner is #1. Also, someone here in the office asked me since Walmart was #2 on Fortune 500, who is #1. I can't remember exactly, but it was an oil company, Exxon-Mobil I think!

Thanks for the come back, and yes I do believe its the Oil company #1 and Walmart #2, as my company keeps reminding me. The reason I focus on Walmarts' needs to keep them happy. That's how they get to be #2. Disney will always keep getting my money, I feel its well spent and I enjoy every minute I'm there. Can't wait only 28 days, then my replacements can take care of Walmart.

 

[tmt martins]

I'm sure all of that is in my 2005 Annual Report but I just keep looking at all the nice stuff coming up.

And my DD got her first CHECK for owning a peice of Disney .

1 share but it's going up almost everyday for her.

 

[scoolover]

If you want to keep the same amount of money that you have invested for ten years then I would definitely buy. If you want to make money, pick something else.

 

[runwad]

Yeah the stock has been going up, seems like when I first started watching it beginning of the year it was around $23 now I think it's up to $30/share.