Disney's Financial Performance Has Been Disappointing Post-21st Century Fox Deal

Despite being one of the most advantaged global consumer entertainment companies, Disney's total shareholder return has materially underperformed the S&P 500. On a 10-year basis, yeah, less than negative 116%, five-year negative 66%, three-year 60%, one-year negative 24%. Let's see, Disney's financial performance has been disappointing post-21st century Fox deal. Free cash flow has gone down. It's what it looks like. It's sliding. I mean, adjusted EPS has gone down from $7.08, 50% down to $3.53, and dividend per share has gone downfrom $1.68 to nothing in 2022.