The Walt Disney Company

DISNYSECommunication Services● Active

$99.71

+$0.37(+0.37%)

Market Cap$173.1B

P/E Ratio—

52W High$124.69

52W Low$92.19

Avg Volume9.4M

Open$99.68

Beta1.39

Overview

The Walt Disney Company (DIS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DIS · free cash flow · updated Jun 8, 2026

Core FCF metrics

DIS · FCF · TTM · margin & CAGR

Free cash flow was $10.08B for FY2025 (fiscal year ending 2025-09-27), up 17.7% year-over-year The FCF margin was 10.7%. Five-year CAGR stands at +22.9%.

FY2025 Free Cash Flow$10.08B▲ +17.7% YoY

Trailing 12M (TTM)$7.11Btrailing 4 quarters sum

FCF Margin10.7%$10.08B ÷ revenue

3-Year CAGR+111.4%FY2022 → FY2025

5-Year CAGR+22.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DIS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$18.10B(8.02B)$10.08B▲ +17.7%10.7%

FY2024$13.97B(5.41B)$8.56B▲ +74.8%9.4%

FY2023$9.87B(4.97B)$4.90B▲ +359.0%5.5%

FY2022$6.01B(4.94B)$1.07B▼ 46.4%1.3%

FY2021$5.57B(3.58B)$1.99B▼ 44.7%3.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DIS · P/FCF · FCF yield · FCF per share

The Walt Disney Company (DIS) trades at a FCF yield of 4.11% and a price-to-free-cash-flow ratio of 25.3x. FCF per share stands at $3.94, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.11%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.94

TTM FCF ÷ Shares Outstanding

Price / FCF

x25.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x30.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-09-27

Cash flow statement summary

DIS · cash flow statement · operating / investing / financing

For FY2025, The Walt Disney Company generated $18.10B in operating cash flow and spent 8.02B in capital expenditures, yielding $10.08B in free cash flow.

Operating Activities

+$18.10B

Cash from core business operations

2025-09-27

Investing Activities

−$8.04B

CapEx, acquisitions & investments

2025-09-27

Financing Activities

−$10.37B

Buybacks, dividends & debt

2025-09-27

FCF FormulaOperating CF ($18.10B) − |CapEx| (8.02B) = FCF ($10.08B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

DIS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Walt Disney CompanyYOU

DIS

$10.08B+17.7%10.7%

14%

About Free Cash Flow & Methodology

The Walt Disney Company (DIS) reported free cash flow of $10.08B for FY2025 (fiscal year ending 2025-09-27), up 17.7% year-over-year. The FCF margin was 10.7%.

Based on available data, The Walt Disney Company has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $10.08B in FY2025. The 5-year CAGR stands at +22.9%.

The Walt Disney Company's FCF yield is 4.11% and price-to-FCF ratio is 25.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DIS free cash flow · 8 questions

The Walt Disney Company free cash flow was $10.08B for FY2025, up 17.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $7.11B.

DIS free cash flowDIS FCFDIS FCF 2025DIS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Walt Disney Company · The Walt Disney Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026