Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Warner Bros. Discovery, Inc.

WBD · Nasdaq · Cable & Other Pay Television Services

Fundamental quality

DEMANDING

31

out of 100

Breakdown by area

I.GrowthRevenue growth: 3%
38
II.ProfitabilityNet margin: -4.7% · ROE: -5.3%
19
III.Financial healthNet debt/EBITDA: 8.37x · FCF: 6.2%
37

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Strengths

  • No clearly standout strengths by the system's thresholds.

Risks and weaknesses

  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -4.7%).
  • High leverage (net debt of 8.37× EBITDA).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
202112,1911,0062,42510,854
202233,817-7,3713,31745,633
202341,321-3,1266,16141,669
202439,321-11,3114,42736,941
202537,2967273,08828,140

Between 2021 and 2025, revenue went from $12,191M to $37,296M (+206%) and net income went from $1,006M to $727M (-28%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Warner Bros. Discovery, Inc. a profitable company?

Over the last twelve months, no: Warner Bros. Discovery, Inc. posts a negative net margin (-4.7%).

Does Warner Bros. Discovery, Inc. have a lot of debt?

Yes, its leverage is high: net debt is 8.37 times its EBITDA.

Is Warner Bros. Discovery, Inc. growing?

Its revenue has grown 3% annualized in recent years.

Does Warner Bros. Discovery, Inc. generate cash?

Yes. It converts about 6.2% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Warner Bros. Discovery, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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