DISWalt Disney
The Walt Disney Company, together with the subsidiaries through which businesses are conducted (the Company), is a diversified worldwide entertainment company with operations in three segments: Entertainment, Sports and Experiences. 10-K, Item 1
- Employees
- 231,000
- Headquarters
- Burbank, CA
- Next results
- around Nov 12, 2026
Dilution: new shares, stock pay and buybacks
prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGARShares offered
Since Nov 11, 2023: 2 shelf registrations.
- Aug 28, 2025 Shelf registration: shares and other securities, amount not fixed S-3ASR
- Mar 20, 2025 Shelf registration: shares and other securities, amount not fixed S-3ASR
Every offering filing →“COMPANY The Walt Disney Company (“we”) may offer from time to time the following types of securities: • our debt securities, in one or more series, which will be senior debt securities, in each case consisting of notes or other unsecured evidences of indebtedness; shares of our preferred stock, which may be issued in the form of depositary receipts representing a fraction of a share of preferred stock; shares of our …”
S-3ASR, Aug 28, 2025 ↗
Diluted shares: 1.81B in the year to Sep 27, 2025 2025 -1.1%2024 +0.1%2023 +0.2%2022 -0.1%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
FY2025, from the cash flow statement in the 10-K, added up.
Came from
| Operating cash flow | $18.1B |
| Debt raised | $1.1B |
| Shares sold | $233.0M |
| Cash on hand used | $303.0M |
Went to
| Capital spending | $8.0B |
| Buybacks | $3.5B |
| Dividends | $1.8B |
| Debt repaid | $3.7B |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$2.6B |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Each CEO's years
The CEO of each fiscal year as named in the proxy's pay versus performance table, and what the 10-Ks show for those years. Facts, not a grade.
Mr. Iger
- Operating cash flow
- $41.9B
- Capital spending
- $18.4B
- Buybacks
- $6.5B
- Dividends
- $3.2B
- Stock-based pay
- $3.9B
- Diluted shares since FY2022
- -0.9%
- Revenue since FY2022
- +14%
- Debt since FY2022
- -$6.3B
- CEO pay (reported)
- $128.5M
Mr. Chapek
- Operating cash flow
- $11.6B
- Capital spending
- $8.5B
- Buybacks
- $0
- Dividends
- $0
- Stock-based pay
- $1.6B
- Diluted shares since FY2020
- +1.1%
- Revenue since FY2020
- +27%
- Debt since FY2020
- -$10.3B
- CEO pay (reported)
- $56.6M
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-09-27 | $3.5B | $1.8B | $1.4B | $233.0M | 1.81B |
| 2024-09-28 | $3.0B | $1.4B | $1.4B | $88.0M | 1.83B |
| 2023-09-30 | $0 | $0 | $1.1B | $52.0M | 1.83B |
| 2022-10-01 | $0 | $0 | $977.0M | $127.0M | 1.83B |
| 2021-10-02 | - | $0 | $600.0M | $435.0M | 1.83B |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfCommonStock; dividends = PaymentsOfDividendsCommonStock; sbc = ShareBasedCompensation; issuance = ProceedsFromStockOptionsExercised; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
Price paid per share
What DIS paid on average for each share it bought back, each fiscal year: dollars spent divided by shares bought, both from the 10-K.
| Fiscal year to | Shares bought | Spent | Average price | |
|---|---|---|---|---|
| 2025-09-27 | 32.00M | $3.5B | $109.38 | |
| 2024-09-28 | 28.00M | $3.0B | $107.14 | |
| 2018-09-29 | 35.00M | $3.6B | $102.86 | |
| 2017-09-30 | 89.00M | $9.4B | $105.62 |
Shares and dollars from the statement of shareholders' equity (the cash flow line also counts shares withheld for taxes, so it is not used). Share counts filed before a stock split are put on today's count. A year where the 10-K does not tag both numbers is left out.
Work on DIS in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/DIS/export.csv") into a cell.