The Walt Disney Company is a multinational entertainment conglomerate with hands in everything from media and theme parks to sports and consumer products. The company is known for its iconic brands, like Disney, ESPN, Marvel, Pixar, and Star Wars, among many others. As a publicly traded company, Disney’s financials are available for public viewing, including its daily revenue. So, how much does Disney make in a day?
The Walt Disney Inc’s Annual Revenue
According to Disney’s annual report, the company’s total revenue for the 2024 fiscal year was $91.36 billion. This translates to an average daily revenue of approximately $250.3 million. It’s important to note that this figure represents the total revenue earned by Disney, including all its business segments, such as media networks, parks and resorts, studio entertainment, and streaming. The average daily revenue is calculated by dividing the total revenue by the 365 days in the fiscal year.
It’s also important to understand that Disney’s revenue is not the same as its profit. The company incurs various expenses, such as cost of goods, salaries, operating expenses, and overhead costs. These are subtracted from its revenue to arrive at its net income. According to the same 2024 annual report, Disney’s net income was $4.97 billion, which is a net profit margin of approximately 5.44%. Dividing this by the 365 days in the year, we know that on average, Disney makes $13.6 million every day.
Curious how Disney’s various arms perform individually?
On page 36 of the annual report, Disney breaks down exactly which branches perform the best. Unsurprisingly, their entertainment category accounts for a significant bulk of the earnings.
Entertainment: $41.19 billion
Experiences: $34.15 billion
Sports: $17.62 billion
Eliminations: $-1.6 billion
Total Revenue: $91.36 billion
Unexpected Impacts on Daily Revenue
Disney experiences seasonal fluctuations in its sales, with advertising revenue typically being higher during the fall and lower during the summer months. Disney’s revenue from sports advertising is impacted by the timing of sports seasons and events, which varies throughout the year. Therefore, the company’s revenue on any given day can vary significantly depending on a range of factors such as seasonality and sports activity.
Because Disney is an international company, it can also be impacted by macroeconomic shifts, natural disasters, and other events beyond its control. For example, attendance at Disney parks dipped at the end of 2024, which was likely due to Hurricane Milton.
More Fun Facts About Disney
Disney was founded in October 16, 1923, when Walt Disney and his brother Roy founded the Disney Brothers Cartoon Studio in Hollywood, California
As of 2023, when figures were last made public, Disney employed over 225,000 people worldwide, with about 167,000 in the United States
Disney is a diversified entertainment company with two basic divisions: media and theme parks
Here is Disney’s 2024 annual report.
Conclusion
While Disney is a large company with a rich history, it’s not possible to determine exactly how much Disney makes on any specific day. However, its total revenue and net income figures provide a rough estimate of its daily earnings. Based on its 2024 annual report, Disney earned an average daily revenue of $250.3 million, which is a significant figure. But it’s important to remember that this figure can vary significantly due to seasonal and economic fluctuations.
Read More:
Discounted Fun: Costco Disney Tickets and Great Deals on Travel
How To Become a Disney Travel Planner
Here’s How To Buy Disney Stock For Under $100
Come back to what you love! Dollardig.com is the most reliable cash back site on the web. Just sign up, click, shop and get full cash back!
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.
Comments