Where Does Disney Make Its Profit?

With a market cap of more than $173 billion, Walt Disney Co DIS may be the largest and most-recognizable international entertainment company in the world. Most people likely think of Disney as a movie company before all else, but Disney actually has a number of extremely profitable business segments.
 

In 2015, Disney generated more than $8.3 billion in profits. Here’s a rough breakdown of where those profits came from.

Broadcasting & cable networks: ~$4.4 billion
More so than even the movies, Disney’s broadcast and cable TV networks, including ESPN and ABC, were by far its most profitable divisions in 2015, generating more than half of the company’s total income.

Parks/resorts: ~$1.7 billion
Disney’s parks, including Disneyland Resort and Walt Disney World Resort, were the company’s second-largest cash cow last year, bringing in nearly $2 billion in profits.

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Walt Disney Studios: ~$1.0 billion
Finally, we get to the movies, which generated more than $1 billion in profits last year. With titles like “Jungle Book” and “Civil War” already generating $285 million and $182 million in U.S. box office so far in 2016 and the next “Star Wars” episode due out before the end of the year, the movies could generate even more profits for Disney in 2016.

Consumer Products: ~$1.0 billion
Disney also generated more than a billion in profits from its consumer products division in 2015. That’s a lot of mouse ears.

Disclosure: the author holds no position in the stocks mentioned.