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Walt Disney vs United Parks & Resorts: revenue, profit, margins and growth compared

Walt Disney brought in $94.4B of revenue in fiscal 2025, United Parks & Resorts $1.7B in fiscal 2025. Revenue changed by +3.4% at Walt Disney and -3.6% at United Parks & Resorts on the year before, so Walt Disney grew faster. Walt Disney kept 13.1% of its revenue as net profit, United Parks & Resorts 10.1%. Free cash flow was $10.1B at Walt Disney and $162.6M at United Parks & Resorts.

Side by side, latest fiscal year

DISPRKS
Fiscal year endedFY2025 (September 27, 2025)FY2025 (December 31, 2025)
Revenue$94.4B$1.7B
Revenue growth+3.4%-3.6%
Net income$12.4B$168.4M
Net margin13.1%10.1%
Free cash flow$10.1B$162.6M
Free cash flow margin10.7%9.8%
Earnings per share (diluted)$6.85$3.06
Cash$5.7B$99.8M
Debt$42B$2.2B
Price to earnings15.510.9
Market value$183.3B$1.5B
Dividend yieldn/an/a
Rank by revenue in sector#7 of 778 · Consumer discretionary#384 of 778 · Consumer discretionary

Over the years

Revenue
DIS FY2019: $59.4BDIS FY2019: $69.6BDIS FY2020: $65.4BDIS FY2021: $67.4BDIS FY2022: $82.7BDIS FY2023: $88.9BDIS FY2024: $91.4BDIS FY2025: $94.4BPRKS FY2018: $1.4BPRKS FY2019: $1.4BPRKS FY2020: $431.8MPRKS FY2021: $1.5BPRKS FY2022: $1.7BPRKS FY2023: $1.7BPRKS FY2024: $1.7BPRKS FY2025: $1.7BFY18FY19FY20FY21FY22FY23FY24FY25
DIS $94.4BPRKS $1.7B
Net income
DIS FY2019: $12.6BDIS FY2019: $11.1BDIS FY2020: -$2.9BDIS FY2021: $2BDIS FY2022: $3.1BDIS FY2023: $2.4BDIS FY2024: $5BDIS FY2025: $12.4BPRKS FY2018: $44.8MPRKS FY2019: $89.5MPRKS FY2020: -$312.3MPRKS FY2021: $256.5MPRKS FY2022: $291.2MPRKS FY2023: $234.2MPRKS FY2024: $227.5MPRKS FY2025: $168.4MFY18FY19FY20FY21FY22FY23FY24FY25
DIS $12.4BPRKS $168.4M
Net margin
DIS FY2019: 21.2%DIS FY2019: 15.9%DIS FY2020: -4.4%DIS FY2021: 3.0%DIS FY2022: 3.8%DIS FY2023: 2.6%DIS FY2024: 5.4%DIS FY2025: 13.1%PRKS FY2018: 3.3%PRKS FY2019: 6.4%PRKS FY2020: -72.3%PRKS FY2021: 17.1%PRKS FY2022: 16.8%PRKS FY2023: 13.6%PRKS FY2024: 13.2%PRKS FY2025: 10.1%FY18FY19FY20FY21FY22FY23FY24FY25
DIS 13.1%PRKS 10.1%
Revenue growth
DIS FY2019: +17.1%DIS FY2020: -6.1%DIS FY2021: +3.1%DIS FY2022: +22.7%DIS FY2023: +7.5%DIS FY2024: +2.8%DIS FY2025: +3.4%PRKS FY2019: +1.9%PRKS FY2020: -69.1%PRKS FY2021: +248.3%PRKS FY2022: +15.1%PRKS FY2023: -0.3%PRKS FY2024: -0.1%PRKS FY2025: -3.6%FY19FY20FY21FY22FY23FY24FY25
DIS +3.4%PRKS -3.6%
Free cash flow
DIS FY2019: $9.8BDIS FY2019: $1.1BDIS FY2020: $3.6BDIS FY2021: $2BDIS FY2022: $1.1BDIS FY2023: $4.9BDIS FY2024: $8.6BDIS FY2025: $10.1BPRKS FY2018: $114.2MPRKS FY2019: $153.2MPRKS FY2020: -$229.9MPRKS FY2021: $374.2MPRKS FY2022: $363.9MPRKS FY2023: $200.1MPRKS FY2024: $231.7MPRKS FY2025: $162.6MFY18FY19FY20FY21FY22FY23FY24FY25
DIS $10.1BPRKS $162.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Walt Disney and United Parks & Resorts

Which is bigger by revenue, Walt Disney or United Parks & Resorts?

Walt Disney is bigger by revenue: $94.4B in fiscal 2025, against $1.7B for United Parks & Resorts in fiscal 2025.

Which keeps more of its revenue as profit, Walt Disney or United Parks & Resorts?

Walt Disney had a net margin of 13.1% in fiscal 2025; United Parks & Resorts had 10.1% in fiscal 2025.

Which grew revenue faster, Walt Disney or United Parks & Resorts?

In their latest fiscal years revenue changed by +3.4% at Walt Disney and -3.6% at United Parks & Resorts.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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