TTM
37.2%
YoY change
+2.01pp
Trough year (2002)
9.5%
Peak year (2016)
46.1%
Latest annual
37.8%
Gross Margin history chart for Walt Disney (DIS) from 1989 to 2025
Latest: 37.8%
Gross Margin change chart for Walt Disney (DIS) from 1989 to 2025
Latest: +2.01pp
Gross Margin history table for Walt Disney (DIS) from 1989 to 2025
| 2025 | 37.8% | +2.01pp | ||
| 2024 | 35.8% | +2.35pp | ||
| 2023 | 33.4% | -0.83pp | ||
| 2022 | 34.2% | +1.18pp | ||
| 2021 | 33.1% | +0.17pp | ||
| 2020 | 32.9% | -6.68pp | ||
| 2019 | 39.6% | -5.36pp | ||
| 2018 | 44.9% | -0.10pp | ||
| 2017 | 45.0% | -1.05pp | ||
| 2016 | 46.1% | +0.15pp | ||
| 2015 | 45.9% | +0.06pp | ||
| 2014 | 45.9% | +1.46pp | ||
| 2013 | 44.4% | -0.07pp | ||
| 2012 | 44.5% | +25.46pp | ||
| 2011 | 19.0% | +1.36pp | ||
| 2010 | 17.7% | +1.91pp | ||
| 2009 | 15.8% | -3.91pp | ||
| 2008 | 19.7% | +0.57pp | ||
| 2007 | 19.1% | +3.23pp | ||
| 2006 | 15.9% | +3.34pp | ||
| 2005 | 12.5% | -0.63pp | ||
| 2004 | 13.2% | +3.14pp | ||
| 2003 | 10.0% | +0.53pp | ||
| 2002 | 9.5% | -4.80pp | ||
| 2001 | 14.3% | -0.49pp | ||
| 2000 | 14.8% | -15.27pp | ||
| 1999 | 30.1% | -4.04pp | ||
| 1998 | 34.1% | +0.79pp | ||
| 1997 | 33.3% | -4.42pp | ||
| 1996 | 37.7% | +2.17pp | ||
| 1995 | 35.5% | +0.00pp | ||
| 1994 | 35.5% | +3.27pp | ||
| 1993 | 32.3% | +3.03pp | ||
| 1992 | 29.2% | -2.44pp | ||
| 1991 | 31.7% | -1.91pp | ||
| 1990 | 33.6% | -3.24pp | ||
| 1989 | 36.8% | — |
- 202537.8%+2.01pp
- 202435.8%+2.35pp
- 202333.4%-0.83pp
- 202234.2%+1.18pp
- 202133.1%+0.17pp
- 202032.9%-6.68pp
- 201939.6%-5.36pp
- 201844.9%-0.10pp
- 201745.0%-1.05pp
- 201646.1%+0.15pp
- 201545.9%+0.06pp
- 201445.9%+1.46pp
- 201344.4%-0.07pp
- 201244.5%+25.46pp
- 201119.0%+1.36pp
- 201017.7%+1.91pp
- 200915.8%-3.91pp
- 200819.7%+0.57pp
- 200719.1%+3.23pp
- 200615.9%+3.34pp
- 200512.5%-0.63pp
- 200413.2%+3.14pp
- 200310.0%+0.53pp
- 20029.5%-4.80pp
- 200114.3%-0.49pp
- 200014.8%-15.27pp
- 199930.1%-4.04pp
- 199834.1%+0.79pp
- 199733.3%-4.42pp
- 199637.7%+2.17pp
- 199535.5%+0.00pp
- 199435.5%+3.27pp
- 199332.3%+3.03pp
- 199229.2%-2.44pp
- 199131.7%-1.91pp
- 199033.6%-3.24pp
- 198936.8%—
Gross 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 Gross Margin at Walt Disney (DIS)
According to Walt Disney's latest reported financial statements, the company's latest reported gross margin is 37.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Walt Disney (DIS) gross margin is 37.76% – expanded 2.0 percentage points year-over-year.
46.09% stands as the all-time-high annual gross margin, posted in 2016, against a low of 9.50% during 2002.
Walt Disney Gross Margin by Year
Walt Disney Gross Margin 2025: 37.8%
Walt Disney posted gross margin of 37.76% in 2025, expanded 2.0 percentage points from 2024.
Walt Disney Gross Margin 2024: 35.8%
In 2024, Walt Disney reported gross margin of 35.75%, expanded 2.3 percentage points from 2023.
Walt Disney Gross Margin 2023: 33.4%
Walt Disney gross margin in 2023 was 33.41%, contracted 0.8 percentage points from 2022.
Walt Disney Gross Margin 2022: 34.2%
2022's gross margin for Walt Disney came in at 34.24%, expanded 1.2 percentage points from 2021.
Walt Disney Gross Margin 2021: 33.1%
Walt Disney gross margin in 2021 was 33.06%.
See more financial history for Walt Disney (DIS).
Sector peers by Gross Margin
Communication Services peers of Walt Disney (DIS), ranked by their latest gross margin
| 81.9% | |
| 79.7% | |
| 70.1% | |
| 60.4% | |
| 58.9% | |
| 54.3% | |
| 49.0% | |
| 32.3% |
- 81.9%
- 79.7%
- 70.1%
- 60.4%
- 58.9%
- 54.3%
- 49.0%
- 32.3%
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