Warner Bros. Discovery, Inc. (WBD)
NASDAQ: WBD · Real-Time Price · USD
22.36
+0.17 (0.77%)
Nov 13, 2025, 10:14 AM EST - Market open

Warner Bros. Discovery Statistics

Total Valuation

WBD has a market cap or net worth of $55.41 billion. The enterprise value is $84.18 billion.

Market Cap55.41B
Enterprise Value 84.18B

Important Dates

The last earnings date was Thursday, November 6, 2025, before market open.

Earnings Date Nov 6, 2025
Ex-Dividend Date n/a

Share Statistics

WBD has 2.48 billion shares outstanding. The number of shares has increased by 2.04% in one year.

Current Share Class 2.48B
Shares Outstanding 2.48B
Shares Change (YoY) +2.04%
Shares Change (QoQ) -0.80%
Owned by Insiders (%) 1.35%
Owned by Institutions (%) 72.33%
Float 2.34B

Valuation Ratios

The trailing PE ratio is 114.67.

PE Ratio 114.67
Forward PE n/a
PS Ratio 1.45
Forward PS 1.44
PB Ratio 1.53
P/TBV Ratio n/a
P/FCF Ratio 13.30
P/OCF Ratio 10.51
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.85, with an EV/FCF ratio of 20.36.

EV / Earnings 172.15
EV / Sales 2.22
EV / EBITDA 10.85
EV / EBIT 48.21
EV / FCF 20.36

Financial Position

The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.90.

Current Ratio 1.07
Quick Ratio 0.63
Debt / Equity 0.90
Debt / EBITDA 4.09
Debt / FCF 8.11
Interest Coverage 0.88

Financial Efficiency

Return on equity (ROE) is 0.97% and return on invested capital (ROIC) is 1.48%.

Return on Equity (ROE) 0.97%
Return on Assets (ROA) 1.06%
Return on Invested Capital (ROIC) 1.48%
Return on Capital Employed (ROCE) 1.98%
Revenue Per Employee $1.08M
Profits Per Employee $13,971
Employee Count35,000
Asset Turnover 0.37
Inventory Turnover n/a

Taxes

In the past 12 months, WBD has paid $1.34 billion in taxes.

Income Tax 1.34B
Effective Tax Rate 78.95%

Stock Price Statistics

The stock price has increased by +142.08% in the last 52 weeks. The beta is 1.61, so WBD's price volatility has been higher than the market average.

Beta (5Y) 1.61
52-Week Price Change +142.08%
50-Day Moving Average 19.31
200-Day Moving Average 12.73
Relative Strength Index (RSI) 64.22
Average Volume (20 Days) 33,642,963

Short Selling Information

The latest short interest is 76.45 million, so 3.09% of the outstanding shares have been sold short.

Short Interest 76.45M
Short Previous Month 100.42M
Short % of Shares Out 3.09%
Short % of Float 3.26%
Short Ratio (days to cover) 1.61

Income Statement

In the last 12 months, WBD had revenue of $37.86 billion and earned $489.00 million in profits. Earnings per share was $0.19.

Revenue37.86B
Gross Profit 16.84B
Operating Income 1.75B
Pretax Income 1.69B
Net Income 489.00M
EBITDA 7.76B
EBIT 1.75B
Earnings Per Share (EPS) $0.19
Full Income Statement

Balance Sheet

The company has $4.33 billion in cash and $33.52 billion in debt, giving a net cash position of -$29.20 billion or -$11.78 per share.

Cash & Cash Equivalents 4.33B
Total Debt 33.52B
Net Cash -29.20B
Net Cash Per Share -$11.78
Equity (Book Value) 37.31B
Book Value Per Share 14.54
Working Capital 899.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.23 billion and capital expenditures -$1.10 billion, giving a free cash flow of $4.13 billion.

Operating Cash Flow 5.23B
Capital Expenditures -1.10B
Free Cash Flow 4.13B
FCF Per Share $1.67
Full Cash Flow Statement

Margins

Gross margin is 44.48%, with operating and profit margins of 4.61% and 1.28%.

Gross Margin 44.48%
Operating Margin 4.61%
Pretax Margin 4.47%
Profit Margin 1.28%
EBITDA Margin 20.49%
EBIT Margin 4.61%
FCF Margin 10.92%

Dividends & Yields

WBD does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.04%
Shareholder Yield -2.04%
Earnings Yield 0.89%
FCF Yield 7.52%
Dividend Details

Analyst Forecast

The average price target for WBD is $18.37, which is -17.84% lower than the current price. The consensus rating is "Buy".

Price Target $18.37
Price Target Difference -17.84%
Analyst Consensus Buy
Analyst Count 24
Revenue Growth Forecast (5Y) 0.15%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 7, 2014. It was a forward split with a ratio of 2:1.

Last Split Date Aug 7, 2014
Split Type Forward
Split Ratio 2:1

Scores

WBD has an Altman Z-Score of 0.54 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.54
Piotroski F-Score 8