profit from every $100 of sales.

Warner Bros. Discovery
We have no price for Warner Bros. Discovery since 5 October 2026. It may have been taken over, merged or renamed, so the figures below are from then.
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $106.73 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Warner Bros. Discovery sold, what it kept, and what it did with the cash.
Sales went from $33.8 billion in 2022 to $37.3 billion in 2025, with $727 million of profit last year.
Warner Bros. Discovery vs. similar companies
Warner Bros. Discovery grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Warner Bros. Discovery | 106.7× · Very expensive | ||
Netflix | 23.2× · Fair price | ||
Disney | 16.6× · Fair price | ||
Live Nation Entertainment | 84.8× · Very expensive | ||
Fox | 23.1× · Fair price |
Compare Warner Bros. Discovery with AppLovin · Charter Communications · Comcast · Alphabet · Alphabet · Meta · Netflix · Verizon
AI analysis
An AI analyst reads Warner Bros. Discovery's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 33,817 | 41,321 | 39,321 | 37,296 | |
| 13,375 | 16,795 | 16,351 | 16,411 | |
| -3,496 | -886 | 18 | 1,309 | |
| 14,171 | 22,367 | 11,612 | 21,263 | |
| -7,371 | -3,126 | -11,311 | 727 | |
| -3.82 | -1.28 | -4.62 | 0.29 | |
| 39.6% | 40.6% | 41.6% | 44.0% | |
| -10.3% | -2.1% | 0.0% | 3.5% | |
| -21.8% | -7.6% | -28.8% | 1.9% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 134,001 | 122,757 | 104,560 | 100,085 |
| Cash | 3,731 | 3,780 | 5,312 | 4,566 |
| Total debt | 48,999 | 43,669 | 39,505 | 32,567 |
| Total liabilities | 85,334 | 76,285 | 69,622 | 62,919 |
| 47,095 | 45,226 | 34,037 | 35,919 | |
| 1,940 | 2,436 | 2,450 | 2,530 | |
| -5.9% | -1.5% | -10.1% | 4.3% | |
| -15.7% | -6.9% | -33.2% | 2.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 4,304 | 7,477 | 5,375 | 4,319 | |
| 987 | 1,316 | 948 | 1,231 | |
| 3,317 | 6,161 | 4,427 | 3,088 | |
| Dividends paid | – | – | – | – |
| 0 | – | – | – | |
| 412 | 500 | 557 | 769 |
Valuation
- 106.7×
- –
- –
- 2.2×
- 2.1×
- 25.1×
- 5.0×
- 4.0%
- 0.9%
- 0.0%
Profitability
- 44.0%
- 3.5%
- 1.9%
- 36.1%
- 4.4%
- -3.4%
- -6.1%
- -2.2%
- 2.1%
- –
Growth
- +3.3%
- –
- −30.2%
- –
- +9.3%
Financial health
- 1.3×
- 0.91
- 1.5%
- 1.8×
- 1.06
- 0.73
- 0.38
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $29.94
- Range
- $28.00 – $31.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -1.17 | -0.11 | −975.4% |
| Feb 26, 2026 | -0.10 | -0.03 | −209.8% |
| Nov 6, 2025 | -0.06 | -0.07 | +11.6% |
| Aug 7, 2025 | 0.63 | -0.24 | +362.8% |
| May 8, 2025 | -0.18 | -0.17 | −3.8% |
| Feb 27, 2025 | -0.20 | -0.03 | −658.4% |
| Nov 7, 2024 | 0.05 | -0.09 | +155.6% |
| Aug 7, 2024 | -4.07 | -0.26 | −1,443.6% |
News
Paramount's hard-fought takeover of Warner Bros. Discovery closes Tuesday. Here's how we got hereCNBC · Oct 6, 2026Why Did NVDA, TSM, WBD Stocks Hit 52-Week Highs Today?Yahoo Finance · Oct 6, 2026Paramount and Warner Bros. Discovery to Merge Into Skydance (SKYD). Will Skydance Achieve David Ellison’s “Quality Storytelling” Vision?Yahoo Finance · Oct 2, 2026David Ellison says combined Paramount and Warner Bros. Discovery will be named SkydanceCNBC · Oct 2, 2026Warner Bros. studio execs to leave after Paramount merger -- VarietySeeking Alpha · Oct 2, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Warner Bros. Discovery
Is Warner Bros. Discovery a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Warner Bros. Discovery AI analysis
What does Warner Bros. Discovery do?
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. It is in Entertainment, based in New York, NY, United States, with 35,500 employees.
Does Warner Bros. Discovery pay a dividend?
No. Warner Bros. Discovery does not pay a dividend at the moment.
Is Warner Bros. Discovery stock halal?
No. Warner Bros. Discovery does not pass our halal screen: it was reviewed by hand and does not pass. How we check
How has Warner Bros. Discovery stock done over the past year?
Up 74.1% over the past twelve months, to $30.95. It traded between $17.78 and $30.95, close to its high.
Who are Warner Bros. Discovery's competitors?
The largest listed companies in the same industry are Netflix, Disney, Live Nation Entertainment and Fox. The peers table on this page compares their profit, growth and price with Warner Bros. Discovery's.
Prices: daily closes to Oct 5, 2026. Fundamentals: company reports via invest-like data.



