DIS
The Walt Disney Company
DIS has the edge over VZ overall, supported by stronger valuation and stronger modeled upside.
VZ
Verizon Communications Inc.
VZ's outlook is improving, though it still trails on the overall score.
DIS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Healthy |
DIS's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
VZ Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Under pressure |
VZ's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
DIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $118 | — |
| Cheap | 18x | $85.34 | -28% |
| Current | 24x | $118 | — |
| Fair | 41x | $196 | +66% |
| Expensive | 75x | $363 | +207% |
Historical ranges are pointers, not guarantees.
DIS has the edge over VZ in the historical PE scenario, which offers more potential upside but is not a forecast.
VZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $32.43 | -30% |
| Forward | 9x | $46.55 | — |
| Fair | 11x | $43.63 | -6.3% |
| Current | 12x | $46.55 | — |
| Expensive | 14x | $56.75 | +22% |
Historical ranges are pointers, not guarantees.
VZ's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 9.0x next year's earnings, in its cheap range.
DIS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect DIS's earnings to grow and its profitability to improve, with its revenue holding steady.
VZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect VZ's earnings to grow and its profitability to improve, with its revenue holding steady.
DIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.50 | +55% |
| Q2 2026 | $4.84 | -24% |
| Q1 2026 | $6.25 | +28% |
| Q4 2025 | $6.79 | +120% |
| Q3 2025 | $6.85 | +152% |
| Q2 2025 | $6.39 | +145% |
| Q1 2025 | $4.90 | +427% |
| Q4 2024 | $3.08 | +89% |
| Q3 2024 | $2.72 | +111% |
DIS has the edge over VZ on earnings, with more consistent year-over-year improvement.
VZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.19 | +32% |
| Q3 2026 | $3.93 | -16% |
| Q2 2026 | $3.85 | -10% |
| Q1 2026 | $4.11 | -2.1% |
| Q4 2025 | $4.06 | -1.9% |
| Q3 2025 | $4.68 | +103% |
| Q2 2025 | $4.29 | +61% |
| Q1 2025 | $4.20 | +57% |
| Q4 2024 | $4.14 | +51% |
VZ's earnings per share have fallen from their peak: $3.93 over the past year, against $5.34 in late 2021.
DIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $25.2B | +6.8% |
| Q1 2026 | $25.2B | +6.5% |
| Q4 2025 | $26B | +5.2% |
| Q3 2025 | $22.5B | -0.5% |
| Q2 2025 | $23.7B | +2.1% |
| Q1 2025 | $23.6B | +7% |
| Q4 2024 | $24.7B | +4.8% |
| Q3 2024 | $22.6B | +6.3% |
DIS has the edge over VZ on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 22% | +2.7 points |
| Q1 2026 | 18% | -0.5 points |
| Q4 2025 | 18% | -2.8 points |
| Q3 2025 | 15% | -0.7 points |
| Q2 2025 | 19% | +1.1 points |
| Q1 2025 | 19% | +1.4 points |
| Q4 2024 | 20% | +4 points |
| Q3 2024 | 16% | +2.2 points |
DIS's operating margin was 22% last quarter, up 2.7 points from the same quarter a year ago, near the top of its range since 2019.
VZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $34.3B | +1.5% |
| Q2 2026 | $34.3B | -0.7% |
| Q1 2026 | $34.4B | +2.9% |
| Q4 2025 | $36.4B | +2% |
| Q3 2025 | $33.8B | +1.5% |
| Q2 2025 | $34.5B | +5.2% |
| Q1 2025 | $33.5B | +1.5% |
| Q4 2024 | $35.7B | +1.6% |
VZ's revenue has held roughly level: $34.3B last quarter, up 1.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.3 points |
| Q2 2026 | 21% | -2.7 points |
| Q1 2026 | 24% | +0.1 points |
| Q4 2025 | 14% | -7.1 points |
| Q3 2025 | 24% | +6.2 points |
| Q2 2025 | 24% | -0.2 points |
| Q1 2025 | 24% | +1 points |
| Q4 2024 | 21% | +19 points |
VZ has the edge over DIS on profitability, with a higher operating margin.
DIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $3.1B | +63% |
| Q1 2026 | $4.9B | +1% |
| Q4 2025 | -$2.3B | -408% |
| Q3 2025 | $2.6B | -37% |
| Q2 2025 | $1.9B | +53% |
| Q1 2025 | $4.9B | +103% |
| Q4 2024 | $739M | -17% |
| Q3 2024 | $4B | +18% |
DIS generated $8.3B in free cash flow over the past year, down 28% from the year before.
VZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.5B | +2.2% |
| Q2 2026 | $10.4B | +16% |
| Q1 2026 | $8B | +2.6% |
| Q4 2025 | $9.1B | -13% |
| Q3 2025 | $11.3B | +14% |
| Q2 2025 | $9B | -5.4% |
| Q1 2025 | $7.8B | +9.9% |
| Q4 2024 | $10.4B | +20% |
VZ's free cash flow has been positive every quarter for seven years: $39B over the past year, up 1.5% from the year before.
DIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -29M shares |
| 1 year | -3.4% | -62M shares |
| 3 years | -4.7% | -86M shares |
| 5 years | -4.8% | -87M shares |
| Available history | +4.6% | +77M shares |
DIS has the edge over VZ on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $1.7B |
| Q1 2026 | $3.5B |
| Q4 2025 | $2B |
| Q3 2025 | $1B |
| Q2 2025 | $711M |
| Q1 2025 | $991M |
| Q4 2024 | $794M |
| Q3 2024 | $469M |
DIS spent $8.2B buying back its own shares over the past year, up 178% from the year before.
VZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -10M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | -1.3% | -55M shares |
| 5 years | +0.4% | +17M shares |
| Available history | +0.5% | +21M shares |
VZ has 4.2B diluted shares, down 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $500M |
| Q2 2026 | $1B |
| Q1 2026 | $2.5B |
DIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.7x | Healthy |
| Q1 2026 | 1.8x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.7x | Healthy |
| Q4 2024 | 1.8x | Healthy |
| Q3 2024 | 1.9x | Healthy |
DIS has the edge over VZ on leverage, with a lower net debt burden relative to earnings.
VZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.0x | Elevated |
VZ's net debt is about 3.3 years of its operating earnings (EBITDA), up from 2.8 years a year ago.
DIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.8 | Neutral |
| Stochastic | 85.6 | Overbought |
DIS's weekly RSI is 65 (neutral) and its Stochastic is 86 (overbought).
VZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 44.6 | Neutral |
VZ's weekly RSI is 51 (neutral) and its Stochastic is 45 (neutral).
DIS PE vs Communication Services Sector
| Metric | DIS | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 16x | 48% above |
| PE % | 31 | 26 | 5 pts above |
DIS is trading at 24x earnings, a 48% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
VZ PE vs Communication Services Sector
| Metric | VZ | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 28% below |
| PE % | 58 | 26 | 32 pts above |
VZ has the edge over DIS on valuation relative to its sector.
DIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $110.7 | 6.8% above |
| 20 week MA | $105.6 | 12% above |
| 50 week MA | $105.2 | 12% above |
| 100 week MA | $107.4 | 10% above |
| 200 week MA | $102.3 | 16% above |
DIS is in an uptrend: it's above all five of its weekly moving averages, and 16% above its 200-week average.
VZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $45.1 | 3.1% above |
| 20 week MA | $46.3 | 0.5% above |
| 50 week MA | $46.1 | 1.1% above |
| 100 week MA | $44.2 | 5.4% above |
| 200 week MA | $41.4 | 12% above |
VZ is in an uptrend: it's above all five of its weekly moving averages, and 12% above its 200-week average.
DIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $145.8 | $173.7 | +19% |
| 2021 | $173.7 | $153.6 | -12% |
| 2022 | $153.6 | $88.0 | -43% |
| 2023 | $88.0 | $90.3 | +2.6% |
| 2024 | $90.3 | $111.6 | +24% |
| 2025 | $111.6 | $113.6 | +1.8% |
| 2026 YTD | $113.6 | $118.2 | +4.1% |
DIS has finished higher in four of the last six years. It's up 4.1% so far in 2026.
VZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.5 | $58.8 | -4.4% |
| 2021 | $58.8 | $52.7 | -10% |
| 2022 | $52.7 | $38.4 | -27% |
| 2023 | $38.4 | $37.7 | -1.8% |
| 2024 | $37.7 | $39.9 | +5.9% |
| 2025 | $39.9 | $40.5 | +1.4% |
| 2026 YTD | $40.5 | $46.6 | +15% |
VZ has the edge over DIS on returns for 2026, with the stronger performance.