Walt Disney vs Netflix (DIS vs NFLX)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Walt Disney is the larger company by revenue ($94.4B vs $45.2B). Netflix carries the larger market value ($336.5B vs $183.4B). Netflix has grown revenue faster over the last 4 fiscal years (+52.1% cumulative vs +40.1%). Netflix runs the higher operating margin (29.5% vs 18.6%). Walt Disney trades at the lower trailing P/E (22.2x vs 25.5x).
About Walt Disney
The Walt Disney Company is a global entertainment company operating in three main segments: Entertainment, Sports, and Experiences. Its Entertainment segment includes film and episodic content production and distribution, linear television networks such as ABC, Disney Channel, FX, and National Geographic, as well as direct-to-consumer streaming services like Disney+ and Hulu. The company serves a wide audience through its domestic and international TV channels, streaming platforms, theatrical distribution, and live entertainment events.
About Netflix
Netflix Inc provides entertainment services that include streaming TV series, films, games, and live programming across various genres and languages. The company offers subscription plans that allow members to watch content on demand and aims to serve a global audience. Its revenues primarily come from monthly membership fees for streaming content.
Head to head (DIS FY2025 vs NFLX FY2025)
| Metric | DISFY2025 | NFLXFY2025 |
|---|---|---|
| Revenue | $94.42B | $45.18B |
| Revenue growth (YoY) | 3.4% | 15.9% |
| Gross margin | — | 48.5% |
| Operating margin | 18.6% | 29.5% |
| Net margin | 13.1% | 24.3% |
| Net income | $12.40B | $10.98B |
| Diluted EPS | $6.85 | $2.53 |
| FCF margin | 10.7% | 20.9% |
| ROE | 10.8% | 41.3% |
| Long-term debt / equity | 0.31× | 0.51× |
| Market cap | $183.41B | $336.49B |
| P/E | 22.2× | 25.5× |
Fundamentals are from each company’s SEC filings (DIS FY2025, NFLX FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| DIS | $67.42B | $82.72B | $88.90B | $91.36B | $94.42B |
| NFLX | $29.70B | $31.62B | $33.72B | $39.00B | $45.18B |
Peer standing
These companies are ranked against different peer groups (Walt Disney vs 216 Communication Services companies; Netflix vs 625 Technology companies), so each is shown against its own peers rather than on one scale.
Walt Disney
Walt Disney’s operating margin of 18.6% ranks in the 87th percentile of the 185 Communication Services companies reporting it. Walt Disney’s net margin of 13.1% ranks in the 87th percentile of the 191 Communication Services companies reporting it.
Netflix
Netflix’s operating margin of 29.5% ranks in the 93rd percentile of the 563 Technology companies reporting it. Netflix’s return on equity of 41.3% ranks in the 93rd percentile of the 540 Technology companies reporting it. Netflix’s net margin of 24.3% ranks in the 89th percentile of the 577 Technology companies reporting it.
Short interest
| FINRA settlement data | DIS | NFLX |
|---|---|---|
| Shares sold short | 18.9M | 90.5M |
| Change vs prior settlement | -2.8% | -1.8% |
| Days to cover | 1.70 | 3.04 |
| As of settlement | 2026-08-14 | 2026-08-14 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | DIS | NFLX |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 2 ($1.1M) | 9 ($15.8M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
8 tracked 13F managers hold both Walt Disney and Netflix as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Markel Group, Millennium Management, Soros Fund Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.