The Walt Disney Company
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2018 | — | 26.4% | 21.2% |
| FY2019 | — | 21.3% | 15.9% |
| FY2020 | — | 12.4% | -4.4% |
| FY2021 | — | 11.5% | 3.0% |
| FY2022 | — | 14.7% | 3.8% |
| FY2023 | — | 14.5% | 2.6% |
| FY2024 | — | 17.1% | 5.4% |
| FY2025 | — | 18.6% | 13.1% |