Walt Disney Company (DIS) — Tangible Net Worth Ratio

Latest as of March 2026: 91.3%

Walt Disney Company (DIS) has a Tangible Net Worth Ratio of 91.3% as of March 2026. This metric is calculated by deducting intangible assets ($10.06 Billion) from net assets ($115.31 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Walt Disney Company working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.3%
Tangible equity / total equity

Net Assets (Equity)

$115.31 Billion
USD

Intangible Assets

$10.06 Billion
Goodwill, patents, brand value

Total Assets

$205.22 Billion
USD

Walt Disney Company Tangible Net Worth Ratio (1985–2025)

This chart shows how Walt Disney Company's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 91.3%, reflecting net assets of $115.31 Billion with intangible assets of $10.06 Billion USD. See operational self-sufficiency of Walt Disney Company to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Walt Disney Company (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Walt Disney Company from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see DIS market cap.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 91.9% $114.61 Billion $9.27 Billion $197.51 Billion ▲ +2.1 pp
2024 89.8% $105.52 Billion $10.74 Billion $196.22 Billion ▲ +1.4 pp
2023 88.4% $113.01 Billion $13.06 Billion $205.58 Billion ▲ +2.1 pp
2022 86.3% $108.38 Billion $14.84 Billion $203.63 Billion ▲ +3.1 pp
2021 83.3% $102.22 Billion $17.11 Billion $203.61 Billion ▲ +2.9 pp
2020 80.3% $97.51 Billion $19.17 Billion $201.55 Billion ▲ +2.9 pp
2019 77.4% $102.85 Billion $23.21 Billion $193.98 Billion ▼ -9.9 pp
2018 87.4% $53.95 Billion $6.81 Billion $98.60 Billion ▲ +2.5 pp
2017 84.8% $46.15 Billion $7.00 Billion $95.79 Billion ▼ -0.5 pp
2016 85.3% $47.32 Billion $6.95 Billion $92.03 Billion ▲ +0.1 pp
2015 85.3% $48.66 Billion $7.17 Billion $88.18 Billion ▲ +0.7 pp
2014 84.6% $48.18 Billion $7.43 Billion $84.19 Billion ▼ -0.1 pp
2013 84.7% $48.15 Billion $7.37 Billion $81.24 Billion ▼ -3.4 pp
2012 88.0% $41.96 Billion $5.01 Billion $74.90 Billion ▲ +1.0 pp
2011 87.0% $39.45 Billion $5.12 Billion $72.12 Billion ▼ -0.1 pp
2010 87.1% $39.34 Billion $5.08 Billion $69.21 Billion ▼ -6.6 pp
2009 93.7% $35.42 Billion $2.25 Billion $63.12 Billion ▲ +16.9 pp
2008 76.8% $33.67 Billion $7.82 Billion $62.50 Billion ▲ +0.5 pp
2007 76.2% $32.05 Billion $7.62 Billion $60.93 Billion ▲ +0.8 pp
2006 75.4% $33.16 Billion $8.14 Billion $60.00 Billion ▲ +47.2 pp
2005 28.2% $27.46 Billion $19.70 Billion $53.16 Billion ▲ +1.8 pp
2004 26.4% $26.88 Billion $19.78 Billion $53.90 Billion ▲ +8.0 pp
2003 18.4% $24.22 Billion $19.75 Billion $49.99 Billion ▲ +1.6 pp
2002 16.8% $23.88 Billion $19.86 Billion $50.05 Billion ▼ -20.1 pp
2001 36.9% $23.05 Billion $14.54 Billion $43.70 Billion ▲ +2.8 pp
2000 34.1% $24.46 Billion $16.12 Billion $45.03 Billion ▲ +8.9 pp
1999 25.2% $20.98 Billion $15.70 Billion $43.68 Billion ▲ +6.5 pp
1998 18.7% $19.39 Billion $15.77 Billion $41.38 Billion ▲ +11.3 pp
1997 7.4% $17.29 Billion $16.01 Billion $37.78 Billion ▲ +19.1 pp
1996 -11.8% $16.09 Billion $17.98 Billion $37.31 Billion ▼ -111.8 pp
1995 100.0% $6.65 Billion $0.00 $14.61 Billion ▲ +0.0 pp
1994 100.0% $5.51 Billion $0.00 $12.83 Billion ▲ +0.0 pp
1993 100.0% $5.03 Billion $0.00 $11.75 Billion ▲ +0.0 pp
1992 100.0% $4.70 Billion $0.00 $10.86 Billion ▲ +0.0 pp
1991 100.0% $3.87 Billion $0.00 $9.43 Billion ▲ +0.0 pp
1990 100.0% $3.49 Billion $0.00 $8.02 Billion ▲ +0.0 pp
1989 100.0% $3.04 Billion $0.00 $6.66 Billion ▲ +0.0 pp
1988 100.0% $2.36 Billion $0.00 $5.11 Billion ▲ +0.0 pp
1987 100.0% $1.85 Billion $0.00 $3.81 Billion ▲ +0.0 pp
1986 100.0% $1.42 Billion $0.00 $3.12 Billion ▲ +0.0 pp
1985 100.0% $1.18 Billion $0.00 $2.90 Billion
pp = percentage points