Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 37.60% is in line with its 5-year average of 35.48%, near the high end of its 5-year range (30.31%–40.17%).
0.52% below its 12-month average of 37.80%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
37.60%
GROSS MARGIN AVG TTM
37.80%
GROSS MARGIN AVG 3Y
36.73%
GROSS MARGIN AVG 5Y
35.48%
GROSS MARGIN AVG 10Y
37.89%
GROSS MARGIN AVG 15Y
36.27%
GROSS MARGIN AVG 20Y
31.69%
CURRENT VS TTM AVG
-0.52%
CURRENT VS 3Y AVG
+2.36%
CURRENT VS 5Y AVG
+5.96%
CURRENT VS 10Y AVG
-0.75%
CURRENT VS 15Y AVG
+3.68%
CURRENT VS 20Y AVG
+18.63%
SECTOR MEDIAN · COMMUNICATION SERVICES
55.66%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
-32.45%
vs the sector median at left
The Walt Disney Company
Market Cap
$181.58B
Gross Margin
37.60%
TTM Avg
37.80%
3Y Avg
36.73%
5Y Avg
35.48%
Market Cap
$190.40B
Gross Margin
54.46%
TTM Avg
55.61%
3Y Avg
56.82%
5Y Avg
56.71%
Market Cap
$205.96B
Gross Margin
45.64%
TTM Avg
46.12%
3Y Avg
45.60%
5Y Avg
45.87%
Market Cap
$108.99B
Gross Margin
32.79%
TTM Avg
31.06%
3Y Avg
28.18%
5Y Avg
27.51%
Market Cap
$88.01B
Gross Margin
69.39%
TTM Avg
70.91%
3Y Avg
70.03%
5Y Avg
69.18%
Market Cap
$70.19B
Gross Margin
28.18%
TTM Avg
34.88%
3Y Avg
37.49%
5Y Avg
45.98%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Walt Disney Company (DIS) | $181.58B | 37.60% | 37.80% | 36.73% | 35.48% |
| T-Mobile US, Inc. (TMUS)vs › | $190.40B | 54.46% | 55.61% | 56.82% | 56.71% |
| AT&T Inc. (T)vs › | $171.57B | 59.72% | 51.24% | 51.03% | 49.32% |
| Verizon Communications Inc. (VZ)vs › | $205.96B | 45.64% | 46.12% | 45.60% | 45.87% |
| Spotify Technology S.A. (SPOT)vs › | $108.99B | 32.79% | 31.06% | 28.18% | 27.51% |
| Comcast Corporation (CMCSA)vs › | $88.01B | 69.39% | 70.91% | 70.03% | 69.18% |
| DoorDash, Inc. (DASH)vs › | $84.74B | 51.41% | 49.59% | 47.89% | 49.39% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.19B | 28.18% | 34.88% | 37.49% | 45.98% |
| Netflix, Inc. (NFLX)vs › | $318.62B | 49.12% | 47.28% | 43.87% | 42.66% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.87B | 23.01% | 24.09% | 24.56% | 25.57% |
Gross Margin
37.6%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-27 | 40.17% |
| 2026-03-28 | 36.82% |
| 2025-12-27 | 35.84% |
| 2025-09-27 | 37.60% |
| 2025-06-28 | 38.55% |
| 2025-03-29 | 37.30% |
| 2024-12-28 | 37.60% |
| 2024-09-28 | 36.96% |
| 2024-06-29 | 36.48% |
| 2024-03-30 | 35.82% |
| 2023-12-30 | 33.81% |
| 2023-09-30 | 35.37% |
| 2023-07-01 | 35.19% |
| 2023-04-01 | 33.00% |
| 2022-12-31 | 30.31% |
| 2022-09-30 | 32.71% |
| 2022-07-02 | 36.37% |
| 2022-04-02 | 34.57% |
| 2022-01-01 | 33.24% |
| 2021-09-30 | 33.41% |
| 2021-07-03 | 34.01% |
| 2021-04-03 | 37.35% |
| 2021-01-02 | 27.53% |
| 2020-09-30 | 25.12% |
| 2020-06-27 | 32.97% |
| 2020-03-28 | 33.78% |
| 2019-12-28 | 37.57% |
| 2019-09-30 | 38.10% |
| 2019-06-29 | 36.64% |
| 2019-03-30 | 43.87% |
| 2018-12-31 | 41.18% |
| 2018-09-30 | 43.33% |
| 2018-06-30 | 45.18% |
| 2018-03-31 | 48.16% |
| 2017-12-31 | 43.14% |
| 2017-09-30 | 43.55% |
| 2017-06-30 | 45.80% |
| 2017-03-31 | 47.74% |
| 2016-12-31 | 43.14% |
| 2016-09-30 | 44.41% |
| 2016-06-30 | 49.56% |
| 2016-03-31 | 47.07% |
| 2015-12-31 | 43.43% |
| 2015-09-30 | 45.57% |
| 2015-06-30 | 49.14% |
| 2015-03-31 | 46.31% |
| 2014-12-31 | 42.83% |
| 2014-09-30 | 106.94% |
| 2014-06-30 | 48.95% |
| 2014-03-31 | 48.73% |
| 2013-12-31 | 42.60% |
| 2013-09-30 | 18.66% |
| 2013-06-30 | 25.95% |
| 2013-03-31 | 20.80% |
| 2012-12-31 | 18.45% |
| 2012-09-30 | 18.77% |
| 2012-06-30 | 26.70% |
| 2012-03-31 | 17.52% |
| 2011-12-31 | 20.34% |
| 2011-09-30 | 17.91% |
| 2011-06-30 | 22.91% |
| 2011-03-31 | 16.83% |
| 2010-12-31 | 18.10% |
| 2010-09-30 | 15.61% |
| 2010-06-30 | 22.79% |
| 2010-03-31 | 17.62% |
| 2009-12-31 | 14.52% |
| 2009-09-30 | 16.16% |
| 2009-06-30 | 18.59% |
| 2009-03-31 | 15.91% |
| 2008-12-31 | 12.68% |
| 2008-09-30 | 15.37% |
| 2008-06-30 | 21.88% |
| 2008-03-31 | 21.79% |
| 2007-12-31 | 19.45% |
| 2007-09-30 | 17.59% |
| 2007-06-30 | 22.37% |
| 2007-03-31 | 19.02% |
| 2006-12-31 | 17.47% |
| 2006-09-30 | 15.29% |
| 2006-06-30 | 20.53% |
| 2006-03-31 | 14.78% |
| 2005-12-31 | 13.11% |
| 2005-09-30 | 5.34% |
| 2005-06-30 | 16.62% |
| 2005-03-31 | 14.17% |
| 2004-12-31 | 12.88% |
| 2004-09-30 | 9.96% |
| 2004-06-30 | 14.67% |
| 2004-03-31 | 14.41% |
| 2003-12-31 | 13.63% |
| 2003-09-30 | 10.91% |
| 2003-06-30 | 14.83% |
| 2003-03-31 | 10.98% |
| 2002-12-31 | 5.23% |
| 2002-09-30 | 5.99% |
