What is Walt Disney's EBITDA margin?

Latest reported EBITDA margin for Walt Disney (DIS) is 21.32% as of the trailing twelve months (TTM) ending March 28, 2026.

How has Walt Disney EBITDA margin changed year-over-year?

Walt Disney (DIS) EBITDA margin changed +4.3 percentage points year-over-year on the latest annual filing.

When did Walt Disney EBITDA margin hit its highest annual value?

Walt Disney EBITDA margin reached its highest annual value of 36.07% in 1996.

What was Walt Disney EBITDA margin in 2024?

Walt Disney (DIS) EBITDA margin in 2024 was 16.01%.

What was Walt Disney EBITDA margin in 2025?

Walt Disney (DIS) EBITDA margin in 2025 was 20.27%.

Walt Disney (DIS) EBITDA Margin — Annual & Quarterly %

TTM

21.3%

YoY change

+4.26pp

Trough year (2020)

7.8%

Peak year (1996)

36.1%

EBITDA Margin history chart for Walt Disney (DIS) from 1985 to 2025

Latest: 20.3%

EBITDA Margin change chart for Walt Disney (DIS) from 1985 to 2025

Latest: +4.26pp

EBITDA Margin history table for Walt Disney (DIS) from 1985 to 2025


2025	20.3%	+4.26pp	Sep 27, 2025	Nov 13, 2025
2024	16.0%	+2.39pp	Sep 28, 2024	Nov 14, 2024
2023	13.6%	-0.88pp	Sep 30, 2023	Nov 21, 2023
2022	14.5%	+1.04pp	Oct 1, 2022	Nov 29, 2022
2021	13.5%	+5.68pp	Oct 2, 2021	Nov 24, 2021
2020	7.8%	-19.60pp	Oct 3, 2020	Nov 25, 2020
2019	27.4%	-3.42pp	Sep 30, 2019	Nov 20, 2019
2018	30.8%	-0.16pp	Sep 30, 2018	Sep 30, 2018
2017	31.0%	-0.93pp	Sep 30, 2017	Sep 30, 2017
2016	31.9%	+0.48pp	Sep 30, 2016	Sep 30, 2016
2015	31.4%	+1.05pp	Sep 30, 2015	Sep 30, 2015
2014	30.4%	+3.38pp	Sep 30, 2014	Sep 30, 2014
2013	27.0%	-0.72pp	Sep 30, 2013	Sep 30, 2013
2012	27.7%	+2.48pp	Sep 30, 2012	Sep 30, 2012
2011	25.2%	+2.13pp	Sep 30, 2011	Sep 30, 2011
2010	23.1%	+1.32pp	Sep 30, 2010	Sep 30, 2010
2009	21.8%	-3.33pp	Sep 30, 2009	Sep 30, 2009
2008	25.1%	+1.83pp	Sep 30, 2008	Sep 30, 2008
2007	23.3%	+3.17pp	Sep 30, 2007	Sep 30, 2007
2006	20.1%	+3.32pp	Sep 30, 2006	Sep 30, 2006
2005	16.8%	-0.29pp	Sep 30, 2005	Sep 30, 2005
2004	17.1%	+3.09pp	Sep 30, 2004	Sep 30, 2004
2003	14.0%	+0.48pp	Sep 30, 2003	Sep 30, 2003
2002	13.5%	-4.69pp	Sep 30, 2002	Sep 30, 2002
2001	18.2%	-0.35pp	Sep 30, 2001	Sep 30, 2001
2000	18.6%	-10.89pp	Sep 30, 2000	Sep 30, 2000
1999	29.5%	-3.92pp	Sep 30, 1999	Sep 30, 1999
1998	33.4%	+1.71pp	Sep 30, 1998	Sep 30, 1998
1997	31.7%	-4.40pp	Sep 30, 1997	Sep 30, 1997
1996	36.1%	+2.49pp	Sep 30, 1996	Sep 30, 1996
1995	33.6%	-0.35pp	Sep 30, 1995	Sep 30, 1995
1994	33.9%	+3.58pp	Sep 30, 1994	Sep 30, 1994
1993	30.4%	+3.08pp	Sep 30, 1993	Sep 30, 1993
1992	27.3%	-1.82pp	Sep 30, 1992	Sep 30, 1992
1991	29.1%	-2.14pp	Sep 30, 1991	Sep 30, 1991
1990	31.2%	-3.00pp	Sep 30, 1990	Sep 30, 1990
1989	34.2%	+10.00pp	Sep 30, 1989	Sep 30, 1989
1988	24.2%	-1.58pp	Sep 30, 1988	Sep 30, 1988
1987	25.8%	+5.44pp	Sep 30, 1987	Sep 30, 1987
1986	20.4%	+2.44pp	Sep 30, 1986	Sep 30, 1986
1985	17.9%	—	Sep 30, 1985	Sep 30, 1985

202520.3%+4.26pp
202416.0%+2.39pp
202313.6%-0.88pp
202214.5%+1.04pp
202113.5%+5.68pp
20207.8%-19.60pp
201927.4%-3.42pp
201830.8%-0.16pp
201731.0%-0.93pp
201631.9%+0.48pp
201531.4%+1.05pp
201430.4%+3.38pp
201327.0%-0.72pp
201227.7%+2.48pp
201125.2%+2.13pp
201023.1%+1.32pp
200921.8%-3.33pp
200825.1%+1.83pp
200723.3%+3.17pp
200620.1%+3.32pp
200516.8%-0.29pp
200417.1%+3.09pp
200314.0%+0.48pp
200213.5%-4.69pp
200118.2%-0.35pp
200018.6%-10.89pp
199929.5%-3.92pp
199833.4%+1.71pp
199731.7%-4.40pp
199636.1%+2.49pp
199533.6%-0.35pp
199433.9%+3.58pp
199330.4%+3.08pp
199227.3%-1.82pp
199129.1%-2.14pp
199031.2%-3.00pp
198934.2%+10.00pp
198824.2%-1.58pp
198725.8%+5.44pp
198620.4%+2.44pp
198517.9%—

EBITDA Margin values are taken from Walt Disney's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Walt Disney (DIS)

According to Walt Disney's latest reported financial statements, the company's latest reported EBITDA margin is 21.3%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 28, 2026 (reported May 6, 2026). Chart and table below cover the full reported history back to 1985.

The 2025 reading of Walt Disney (DIS) EBITDA margin is 20.27% – expanded 4.3 percentage points year-over-year.

36.07% stands as the all-time-high annual EBITDA margin, posted in 1996, against a low of 7.79% during 2020.

Walt Disney EBITDA Margin by Year

Walt Disney EBITDA Margin 2025: 20.3%

In 2025, Walt Disney reported EBITDA margin of 20.27%, expanded 4.3 percentage points from 2024.

Walt Disney EBITDA Margin 2024: 16.0%

Walt Disney EBITDA margin in 2024 was 16.01%, expanded 2.4 percentage points from 2023.

Walt Disney EBITDA Margin 2023: 13.6%

2023's EBITDA margin for Walt Disney came in at 13.62%, contracted 0.9 percentage points from 2022.

Walt Disney EBITDA Margin 2022: 14.5%

Walt Disney posted EBITDA margin of 14.50% in 2022, expanded 1.0 percentage points from 2021.

Walt Disney EBITDA Margin 2021: 13.5%

Walt Disney EBITDA margin in 2021 was 13.47%.

See more financial history for Walt Disney (DIS).

Sector peers by EBITDA Margin

Communication Services peers of Walt Disney (DIS), ranked by their latest EBITDA margin


Netflix (NFLX)	72.7%
Meta (META)	52.8%
Alphabet (GOOGL)	51.8%
AT&T (T)	42.3%
Comcast (CMCSA)	35.7%
Verizon (VZ)	35.0%
T-Mobile US (TMUS)	31.1%
Spotify (SPOT)	17.0%

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