Company / Operating Margin
Walt Disney Company (The) Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
18.6%
FY2025
5-year range
11.5% / 21.3%
FY2021-FY2025
Trend
+8.8%
vs FY2024
Sector context
#14 of 62
Communication Services
What the data says
Walt Disney Company (The)'s operating margin of 18.6% is higher than 77% of companies in the Communication Services sector (FY2025). Operating Margin has fluctuated over the past 9 years, ranging from 11.5% in FY2023 to 26.8% in FY2019.
Based on SEC 10-K filings.
18.6% in FY2025 with a 5-year CAGR of +6.2%. Top quartile in the Communication Services sector.
Improved from 11.5% to 18.6% over the past 2 years.
Communication Services sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +6.2pp
- 5-Year Change
- +6.2pp
- 10-Year Change
- -
Sector benchmark
Top 23% in Communication ServicesTop 23% of 62This company 18.6% Sector average 3.2%
▼
+486.6% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 8.8% year-over-year.
- Currently 15.4pp above the Communication Services sector average.
- Peak operating margin was recorded in FY2019.
- Lowest operating margin in the period was in FY2023.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 18.6% | +8.8% |
| FY2024 | 17.1% | +48.3% |
| FY2023 | 11.5% | -7.1% |
| FY2022 | 12.4% | -41.9% |
| FY2021 | 21.3% | +72.0% |
| FY2020 | 12.4% | -53.7% |
| FY2019 | 26.8% | +1.5% |
| FY2018 | 26.4% | -1.5% |
| FY2017 | 26.8% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026