Question 1

What is Walt Disney's P/FCF ratio?

Accepted Answer

Walt Disney (DIS) P/FCF ratio is 23.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Walt Disney?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Walt Disney specifically, the relevant sector benchmark is the current sector median of 18.1×.

Question 5

Is Walt Disney's P/FCF ratio high or low?

Accepted Answer

Walt Disney's P/FCF ratio of 23.9× is below its own 5-year average of 158.4× and above the sector median of 18.1×. That places the current reading at the 32th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Walt Disney's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Walt Disney (DIS) P/FCF ratio has ranged from a low of 12.3× in 2008 to a high of 2172.6× in 2023. The 5-year average is 158.4× and the 5-year median is 29.5×.

Question 7

What was Walt Disney's P/FCF ratio in 2025?

Accepted Answer

Walt Disney (DIS) P/FCF ratio at the end of 2025 was 20.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Walt Disney's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$205B	$10.1B	20.3×	-0.0×	Sep 27, 2025
2024	$174B	$8.56B	20.3×	-10.0×	Sep 28, 2024
2023	$148B	$4.9B	30.3×	-130.9×	Sep 30, 2023
2022	$172B	$1.07B	161.3×	+6.8×	Sep 30, 2022
2021	$307B	$1.99B	154.5×	+92.1×	Sep 30, 2021
2020	$224B	$3.6B	62.4×	-73.5×	Sep 30, 2020
2019	$235B	$1.73B	135.9×	+118.3×	Sep 30, 2019
2018	$173B	$9.83B	17.6×	+0.2×	Sep 30, 2018
2017	$152B	$8.72B	17.4×	-0.3×	Sep 30, 2017
2016	$149B	$8.44B	17.7×	-8.2×	Sep 30, 2016
2015	$172B	$6.64B	25.8×	+2.2×	Sep 30, 2015
2014	$153B	$6.47B	23.6×	+6.3×	Sep 30, 2014
2013	$115B	$6.66B	17.3×	-5.0×	Sep 30, 2013
2012	$93.4B	$4.18B	22.3×	+6.5×	Sep 30, 2012
2011	$54.2B	$3.44B	15.8×	+1.8×	Sep 30, 2011
2010	$62.6B	$4.47B	14.0×	-1.4×	Sep 30, 2010
2009	$51B	$3.31B	15.4×	+0.7×	Sep 30, 2009
2008	$56.8B	$3.86B	14.7×	-2.4×	Sep 30, 2008
2007	$66B	$3.86B	17.1×	+3.8×	Sep 30, 2007
2006	$63.5B	$4.76B	13.3×	-5.8×	Sep 30, 2006
2005	$46.7B	$2.45B	19.1×	+4.8×	Sep 30, 2005
2004	$46B	$3.22B	14.3×	-7.9×	Sep 30, 2004
2003	$41.2B	$1.85B	22.2×	-3.5×	Sep 30, 2003
2002	$30.9B	$1.2B	25.7×	—	Sep 30, 2002


Telephone and Data Systems (TDS)	85.4×
DoorDash (DASH)	37.3×
Meta (META)	30.0×
Reddit (RDDT)	29.7×
Warner Bros. Discovery (WBD)	29.6×
Live Nation Entertainment (LYV)	28.7×
Netflix (NFLX)	27.2×
Spotify (SPOT)	27.0×
News (NWSA)	24.7×
Paramount Skydance (PSKY)	24.5×
Roku (ROKU)	21.4×
T-Mobile US (TMUS)	14.8×
Snap (SNAP)	12.8×
John Wiley & Sons (WLY)	12.2×
Verizon (VZ)	10.5×
Fox (FOXA)	10.5×
Pinterest (PINS)	9.7×
TKO Group Holdings (TKO)	8.9×
Match Group (MTCH)	7.3×
Charter Communications (CHTR)	6.7×
Omnicom Group (OMC)	5.2×
Comcast (CMCSA)	5.1×
Versant Media Group, Inc. Class A (VSNT)	2.7×

P/FCF Ratio for Walt Disney (DIS) 2002-2026

P/FCF Ratio daily chart for Walt Disney (DIS)

Historical P/FCF Ratio for Walt Disney (DIS) from 2002 to 2025

About P/FCF Ratio at Walt Disney (DIS)

Walt Disney P/FCF Ratio by Year

Walt Disney P/FCF Ratio 2025: 20.3×

Walt Disney P/FCF Ratio 2024: 20.3×

Walt Disney P/FCF Ratio 2023: 30.3×

Walt Disney P/FCF Ratio 2022: 161.3×

Walt Disney P/FCF Ratio 2021: 154.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Walt Disney (DIS) Key Financials