Warner Bros. Discovery, Inc. WBD NDXSPXR3K
Company Overview
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is involved in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal television, streaming services, and physical and digital home entertainment markets; related consumer products and themed experience licensing; and publishes, develops, licenses, and distributes content for the interactive space in platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles. The Global Linear Networks segment provides general and lifestyle entertainment networks, news networks; and hosts international media networks and global sports networks. In addition, the company offers a portfolio of content and products for television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products under the Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Games, Adult Swim, Turner Classic Movies, and other brands. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Why Investors Should Care
Revenue has grown at a 44.0% CAGR over the past five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $37.30B (-5.1% YoY); net profit $727.00M.
- Trailing 12 Months Year-on-year growth — revenue -11.2%, earnings -90.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 44.0%, profit CAGR -18.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 43.97% |
| 1 Year: | -11.20% |
Compounded Profit Growth
| 5 Years: | -18.87% |
| 1 Year: | -90.60% |
Stock Price Performance
| 1 Year: | +134.44% |
| 6 Months: | +1.07% |
| 3 Months: | +7.66% |
| 1 Month: | +7.01% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)56.87 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 44.0% over 5 years.
- Generates positive free cash flow.
CONS
- Earnings shrank at -18.9% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | WBD Warner Bros. Discovery, Inc. NDXSPXR3K | 28.25 | -22.07 | $70.83B | 0.00% | 1.49% | -8.79% | 43.97% | -18.87% |
| 2 | GOOGL Alphabet Inc. NDXSPXR3KAITECH | 338.46 | 16.98 | $1.99T | 0.25% | 26.20% | 48.68% | 17.96% | 21.53% |
| 3 | META Meta Platforms, Inc. NDXSPXR3KAITECH | 616.77 | 23.23 | $1.36T | 0.36% | 25.69% | 29.85% | 19.89% | 37.61% |
| 4 | NFLX Netflix, Inc. NDXSPXR3KAI | 78.25 | 24.61 | $325.83B | 0.00% | 29.87% | 49.54% | 22.30% | 32.79% |
| 5 | VZ Verizon Communications Inc. SPXR3K | 50.35 | 13.11 | $209.19B | 6.02% | 8.56% | 15.84% | 2.33% | 6.90% |
| 6 | TMUS T-Mobile US, Inc. NDXSPXR3K | 183.36 | 19.18 | $196.69B | 2.27% | 9.39% | 17.99% | 22.63% | 28.77% |
| 7 | DIS The Walt Disney Company SPXR3K | 105.31 | 21.71 | $181.84B | 1.43% | 10.74% | 8.01% | 6.96% | 4.12% |
| 8 | T AT&T Inc. SPXR3K | 25.68 | 8.45 | $175.97B | 4.68% | 6.59% | 18.34% | 0.31% | 3.44% |
| 9 | SPOT Spotify Technology S.A. R3KAITECH | 542.43 | 29.58 | $111.53B | 0.00% | 24.61% | 44.48% | 13.59% | - |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 1.61B | 1.75B | 1.65B | 1.86B | 2.31B | 2.85B | 2.59B | 2.81B | 2.71B | 2.88B | 2.68B | 2.87B | 2.68B | 2.54B | 2.56B | 2.79B | 3.06B | 3.15B | 3.16B | 9.83B | 9.82B | 10.70B | 10.36B | 9.98B | 9.96B | 9.71B | 9.62B | - | 8.98B | 9.81B | 9.04B | 9.46B | 8.89B | 8.72B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.13B | 5.97B | 4.56B | 5.22B | 4.64B | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.85B | 3.85B | 4.48B | 4.24B | 4.25B | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.74B | 3.92B | 3.74B | 3.70B | 3.70B | - |
| Operating Income | 505.00M | 441.00M | 489.00M | 586.00M | 458.00M | 525.00M | 487.00M | 630.00M | 433.00M | -837.00M | 204.00M | 650.00M | 369.00M | 711.00M | 774.00M | 911.00M | 619.00M | 705.00M | 779.00M | 717.00M | 531.00M | 396.00M | 779.00M | 329.00M | 353.00M | -3.64B | -2.19B | -557.00M | -906.00M | 97.00M | -267.00M | -10.21B | 281.00M | - | 107.00M | -79.00M | 745.00M | 536.00M | 549.00M | 237.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.73B | 8.01B | 4.28B | 4.25B | 1.19B | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 468.00M | 463.00M | 570.00M | 584.00M | 581.00M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -434.00M | 2.45B | 27.00M | -408.00M | -3.12B | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.00M | 866.00M | 170.00M | -161.00M | -214.00M | - |
| Net Income | 279.00M | 219.00M | 263.00M | 408.00M | 219.00M | 304.00M | 215.00M | 374.00M | 218.00M | -1.14B | -8.00M | 216.00M | 117.00M | 269.00M | 384.00M | 947.00M | 262.00M | 476.00M | 377.00M | 271.00M | 300.00M | 140.00M | 672.00M | 156.00M | 456.00M | -3.42B | -2.31B | -1.07B | -1.24B | -417.00M | -966.00M | -9.99B | 135.00M | - | -453.00M | 1.58B | -148.00M | -252.00M | -2.92B | 149.00M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.21 | 1.01 | 0.24 | 0.69 | -1.50 | -0.95 | -0.44 | -0.51 | -0.17 | -0.40 | -4.07 | 0.05 | -0.20 | -0.18 | 0.63 | -0.06 | - | -1.17 | 0.06 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 76.00M | 3.38B | 3.46B | 3.71B | 4.17B | 4.49B | 5.54B | 6.26B | 6.39B | 6.50B | 6.87B | 10.55B | 11.14B | 10.67B | - | 33.82B | 41.32B | 39.32B | 37.30B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20.44B | 24.53B | 22.97B | 20.89B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.38B | 16.80B | 16.35B | 16.41B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.87B | 17.68B | 16.33B | 15.10B |
| Operating Income | -8.00M | 1.06B | 1.27B | 1.38B | 1.80B | 1.86B | 1.98B | 2.06B | 1.99B | 2.06B | 713.00M | 1.93B | 3.01B | 2.52B | - | -3.50B | -886.00M | 18.00M | 1.31B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.17B | 22.37B | 11.61B | 21.26B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.78B | 2.22B | 2.02B | 2.08B |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -8.96B | -3.86B | -11.39B | 1.64B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.66B | -784.00M | 94.00M | 890.00M |
| Net Income | -68.00M | 317.00M | 549.00M | 653.00M | 1.13B | 943.00M | 1.07B | 1.14B | 1.03B | 1.19B | -337.00M | 594.00M | 2.07B | 1.22B | - | -7.37B | -3.13B | -11.31B | 727.00M |
| Diluted EPS | -0.24 | 0.98 | 1.27 | 1.52 | 2.80 | 2.48 | 2.97 | - | - | - | - | - | - | 1.81 | - | -3.82 | -1.28 | -4.62 | 0.29 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 10.48B | 10.95B | 11.02B | 11.91B | 12.93B | 14.98B | 15.97B | 15.86B | 15.67B | 22.55B | 32.55B | 33.73B | 34.09B | - | 134.00B | 122.76B | 104.56B | 100.08B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.00B | 14.22B | 14.08B | 13.21B |
| Cash & Equivalents | - | 209.00M | 94.00M | 623.00M | 466.00M | 1.05B | 1.20B | 408.00M | 367.00M | 390.00M | 300.00M | 7.31B | 986.00M | 1.55B | 2.09B | - | 3.73B | 3.78B | 5.31B | 4.57B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.38B | 6.05B | 4.95B | 5.29B |
| Total Liabilities | - | - | 4.87B | 4.68B | 4.79B | 5.39B | 6.64B | 8.75B | 9.62B | 10.17B | 10.26B | 17.53B | 22.03B | 21.77B | 21.70B | - | 85.33B | 76.28B | 69.62B | 62.92B |
| Current Liabilities | - | - | 1.07B | 783.00M | 785.00M | 746.00M | 946.00M | 1.29B | 2.60B | 1.58B | 1.56B | 1.87B | 4.00B | 3.24B | 3.08B | - | 15.02B | 15.33B | 15.81B | 12.50B |
| Long Term Debt | - | - | - | 3.50B | 3.62B | 4.25B | 5.24B | 6.50B | 7.11B | 7.74B | 7.92B | 14.79B | 16.79B | 15.42B | 15.40B | - | 48.63B | 41.89B | 36.76B | 32.43B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.00B | 43.67B | 39.51B | 32.57B |
| Total Equity | 4.55B | 4.50B | 5.54B | 6.20B | 6.22B | 6.52B | 6.29B | 6.20B | 5.60B | 5.45B | 5.17B | 4.61B | 8.39B | 9.89B | 10.46B | - | 47.09B | 45.23B | 34.04B | 35.92B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.66B | 2.67B | 2.68B | 2.71B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 58.00M | 573.00M | 642.00M | 668.00M | 1.10B | 1.10B | - | - | - | 1.38B | 1.63B | 2.58B | 3.40B | 2.74B | - | 4.30B | 7.48B | 5.38B | 4.32B |
| Investing Cash Flow | -15.00M | 88.00M | 238.00M | -190.00M | -214.00M | -643.00M | - | - | - | -256.00M | -633.00M | -8.59B | -438.00M | -703.00M | - | 3.52B | -1.26B | -349.00M | -1.18B |
| Financing Cash Flow | 12.00M | -774.00M | -356.00M | -641.00M | -297.00M | -305.00M | - | - | - | -1.18B | 5.95B | -283.00M | -2.36B | -1.55B | - | -7.74B | -5.84B | -3.75B | -4.24B |
| Capital Expenditure | -47.00M | -102.00M | -55.00M | -49.00M | -58.00M | -77.00M | -115.00M | -120.00M | -103.00M | -88.00M | -135.00M | -147.00M | -289.00M | -402.00M | - | -987.00M | -1.32B | -948.00M | -1.23B |
| Free Cash Flow | 11.00M | 471.00M | 587.00M | 619.00M | 1.04B | 1.02B | - | - | - | 1.29B | 1.49B | 2.43B | 3.11B | 2.34B | - | 3.32B | 6.16B | 4.43B | 3.09B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 86.00M | 381.00M | 1.28B | -1.10B |
| Share Buybacks | - | - | - | 605.00M | 997.00M | 1.38B | 1.05B | 1.23B | 698.00M | 1.37B | 603.00M | 0 | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.6% | 40.6% | 41.6% | 44.0% |
| Operating Margin % | -10.5% | 31.5% | 36.8% | 37.2% | 43.3% | 41.4% | 35.7% | 32.9% | 31.0% | 31.7% | 10.4% | 18.3% | 27.0% | 23.6% | - | -10.3% | -2.1% | 0.0% | 3.5% |
| Net Margin % | -89.5% | 9.4% | 15.9% | 17.6% | 27.2% | 21.0% | 19.4% | 18.2% | 16.2% | 18.4% | -4.9% | 5.6% | 18.6% | 11.4% | - | -21.8% | -7.6% | -28.8% | 1.9% |
| ROE % | -1.5% | 5.7% | 8.9% | 10.5% | 17.4% | 15.0% | 17.3% | 20.3% | 19.0% | 23.1% | -7.3% | 7.1% | 20.9% | 11.6% | - | -15.7% | -6.9% | -33.2% | 2.0% |
| ROCE % | - | 11.3% | 12.5% | 13.5% | 16.1% | 15.5% | 14.4% | 15.4% | 13.9% | 14.6% | 3.4% | 6.8% | 9.9% | 8.1% | - | -2.9% | -0.8% | 0.0% | 1.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.89% | 198.09M | $5.70B |
| 2 | Vanguard Capital Management LLC | 6.32% | 158.64M | $4.56B |
| 3 | State Street Corporation | 5.11% | 128.36M | $3.69B |
| 4 | Vanguard Portfolio Management LLC | 4.19% | 105.10M | $3.02B |
| 5 | Invesco Ltd. | 3.19% | 80.09M | $2.30B |
| 6 | Geode Capital Management, LLC | 2.78% | 69.90M | $2.01B |
| 7 | Millennium Management Llc | 2.30% | 57.66M | $1.66B |
| 8 | Pentwater Capital Management Lp | 1.89% | 47.58M | $1.37B |
| 9 | FMR, LLC | 1.80% | 45.26M | $1.30B |
| 10 | Citadel Advisors Llc | 1.78% | 44.59M | $1.28B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for WBD
Paramount (PSKY)’s CEO Has Cleared 68 Countries for His Warner Bros (WBD) Deal. California Still Won’t Budge
CNBC reported that Paramount Skydance Corporation (NASDAQ:PSKY) CEO David Ellison has cleared regulatory approval in 68 jurisdictions for his $110 billion bid to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD), but a lawsuit from 12 state…
Warner Bros. Discovery (WBD) Expands Gremlins Tie Up Following Fresh Questions On Valuation
Gemmy Industries and Warner Bros. Discovery (WBD) are expanding their Gremlins partnership with new animatronic Halloween decorations at The Home Depot, putting fresh attention on how WBD monetizes its classic intellectual property. For inv…
Warner Bros. Discovery CEO Perrette Sells $3.7 Million Stock
Insider disposed of 126,707 shares following a 138% annual return, retaining over 1 million shares worth $30 million.
Will Paramount Skydance (PSKY)’s Warner Bros. Discovery (WBD) Deal Unlock Major Investor Value?
On August 6, the United Kingdom Competition and Markets Authority (CMA) formally cleared Paramount Skydance Corporation (NASDAQ:PSKY)’s pending acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD), alongside undertakings agreed upon wit…
Paramount Skydance (PSKY) & Warner Bros (WBD): Paramount Wants to Settle With 12 States. It’s Also Demanding They Post a $1.9 Billion Bond
On August 17, 2026, Paramount Skydance Corporation (NASDAQ:PSKY) said that it is seeking a settlement with 12 states still trying to block its $110 billion merger with Warner Bros. Discovery, Inc. (NASDAQ:WBD). The firm separately requested…
Warner Bros. Discovery (WBD) Stock May Be 23% Undervalued On Cash Flow Promise
Warner Bros. Discovery has delivered a very strong share price run over the past year, while current valuation checks suggest the stock still trades below an internally estimated intrinsic value and also looks inexpensive on earnings multip…
WBD — Frequently Asked Questions
What is the current share price of Warner Bros. Discovery, Inc. (WBD)?
As of 2026-09-07 16:24 PDT, Warner Bros. Discovery, Inc. (WBD) trades at $28.25 on NasdaqGS. Its 52-week range is $11.54 to $29.98.
What is the market capitalisation of WBD?
Warner Bros. Discovery, Inc. (WBD) has a market capitalisation of $70.83B on NasdaqGS.
What is the P/E ratio of WBD?
WBD trades at a trailing price-to-earnings (P/E) ratio of -22.07. The industry average P/E is 19.18. Its price-to-book (P/B) ratio is 2.06.
What is the return on equity (ROE) of WBD?
WBD has a return on equity (ROE) of -8.79%. Its return on capital employed (ROCE) is 1.49%.
Is WBD a good stock to buy?
This page provides a data-driven analysis of Warner Bros. Discovery, Inc. (WBD), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.