DIS Q1 2017 Earnings Report — The Walt Disney Company Revenue & Financial Results | Market Cap Arena

The Walt Disney CompanyDIS

Q1 2017 Earnings

Reported December 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2017	Q4 2016	Q1 2016	QoQ Change	YoY Change
Revenue	$14.8B	—	—	—	—
Op. Income	$3.7B	—	—	—	—
Gross Margin	43.1%	—	—	—	—
Net Margin	16.8%	—	—	—	—
EPS (Diluted)	$1.55	—	—	—	—
Free Cash Flow	$220M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$14.8B
Cost of Revenue	$8.4B
GROSS PROFIT	$6.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.0B
Other Expenses	$687M
Operating Expenses	$2.7B
Cost & Expenses	$11.1B
OPERATING INCOME	$3.7B
Interest Income	$22M
Interest Expense	$121M
Other Income/Expenses	$19M
INCOME BEFORE TAX	$3.7B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.5B
D&A	$687M
EBIT	$3.8B
EBITDA	$4.5B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$14.8B
Cost of Revenue	$8.4B
GROSS PROFIT	$6.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.0B
Other Expenses	$687M
Operating Expenses	$2.7B
Cost & Expenses	$11.1B
OPERATING INCOME	$3.7B
Interest Income	$22M
Interest Expense	$121M
Other Income/Expenses	$19M
INCOME BEFORE TAX	$3.7B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.5B
D&A	$687M
EBIT	$3.8B
EBITDA	$4.5B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$2.5B
Depreciation & Amortization	$687M
Stock-Based Compensation	$97M
Deferred Income Tax	-$76M
Other Non-Cash Items	$272M
Change in Working Capital	-$2.2B
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$1.0B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$1.0B
Net Debt Issuance	$580M
Common Stock Repurchased	-$1.5B
Common Dividends Paid	$0
Other Financing Activities	-$102M
NET CASH FROM FINANCING	-$987M
FREE CASH FLOW	$220M
Net Change in Cash	-$874M

Balance Sheet

Item	Amount
Cash & Equivalents	$3.7B
Short-Term Investments	$0
Net Receivables	$9.9B
Inventory	$1.3B
Other Current Assets	$931M
TOTAL CURRENT ASSETS	$16.7B
PP&E (Net)	$27.1B
Goodwill	$27.8B
Intangible Assets	$6.9B
Long-Term Investments	$4.2B
Tax Assets	$6.6B
Other Non-Current Assets	$2.4B
TOTAL NON-CURRENT ASSETS	$74.9B
TOTAL ASSETS	$91.6B
Account Payables	$10.0B
Short-Term Debt	$5.7B
Deferred Revenue	$0
Other Current Liabilities	$3.7B
TOTAL CURRENT LIABILITIES	$19.3B
Long-Term Debt	$14.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3.9B
Other Non-Current Liabilities	$6.4B
TOTAL NON-CURRENT LIABILITIES	$25.1B
TOTAL LIABILITIES	$44.4B
Common Stock	$35.9B
Additional Paid-In Capital	$0
Retained Earnings	$67.3B
Treasury Stock	-$56.2B
Accum. Other Comp. Income	-$3.9B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$43.2B
Minority Interest	$4.0B
TOTAL EQUITY	$47.2B
TOTAL LIABILITIES & EQUITY	$91.6B
Total Debt	$20.5B
Net Debt	$16.8B