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WB

Warner Bros. Discovery, Inc.

WBDCommunication ServicesNASDAQ

Entertainment · Last scanned May 30, 2026

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Financials · Annual
Revenue
$37.30B
-5.1% YoY
Net Income
$727.0M
+106.4% YoY
EBITDA
$21.26B
+83.1% YoY
Free Cash Flow
$18.47B

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About Warner Bros. Discovery, Inc.

Headquartered within the communication services sector, Warner Bros. Discovery, Inc. focuses on Entertainment services and products. Discovery, Inc. The company carries a $67.72B market cap, placing it firmly in the large-cap category. operates as a media and entertainment company worldwide.

Key stats
Market Cap$67.72B
Fwd P/E-1650.98
EPS$-0.70
Beta1.57
52W Change+170.1%
ROE-5.0%
Analysis

On the balance sheet, WBD has $3.30B in cash with $32.47B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $18.47B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of -5.0% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.4% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $33.82B to $37.30B.

Warner Bros. Discovery, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Warner Bros. Discovery, Inc. and its sector.

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