On Nov. 9, Walt Disney
- Free cash flow increased by 95%.
- Net profit increased 106% as the net and operating margins nearly doubled.
- Rick Munarriz got Lost in this quarter's numbers, and he liked what he saw.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$8,784 |
$7,734 |
13.6% |
|
Net Profit |
$782 |
$379 |
106.3% |
|
EPS |
$0.36 |
$0.19 |
89.5% |
|
Diluted Shares |
2,168 |
2,053 |
5.6% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Operating Margin |
15.3% |
7.8% |
7.5 |
|
Net Margin |
8.9% |
4.9% |
4.0 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$2,411 |
$1,723 |
39.9% |
|
Accounts Rec. |
$4,707 |
$4,585 |
2.7% |
|
Inventory |
$694 |
$626 |
10.9% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$5,917 |
$5,339 |
10.8% |
|
Borrowings |
$10,843 |
$10,157 |
6.8% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$6,058 |
$4,269 |
41.9% |
|
Capital Expenditures |
$1,299 |
$1,823 |
(28.7%) |
|
Free Cash Flow |
$4,759 |
$2,446 |
94.6% |
Find out why Fools always follow the money.
Related Companies:
-
Time Warner
(NYSE:TWX) -
CBS
(NYSE:CBS) -
McGraw-Hill
(NYSE:MHP) -
News Corp.
(NYSE:NWS-A)
Related Foolishness:
Disney and Time Warner are Stock Advisor recommendations.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
