MARKETS / NASDAQ / WBD
NASDAQ · CABLE & OTHER PAY TELEVISION SERVICES · LARGE CAP

Warner Bros. Discovery, Inc. WBD

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$37.3B
▼ 5.1% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
ROE · FY25
2.1%
Net margin · FY25
1.9%
Dividend coverage
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Result
USD 37.3B
Revenue, FY2025 · full 19-year series below
Revenue Net income
20406037.30.72007201020132016201920222025
20406037.30.72016201920222025

2 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.22007201020132016201920222025
0.40.81.22016201920222025

The company pays no cash dividend.

Profitability
2.1%
Return on equity, FY2025
ROE
816242.1%2007201020132016201920222025
816242.1%2016201920222025
Operating margin2.0%
Net margin1.9%
Return on assets0.7%

Each USD of equity produced 2 cents of profit this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+28.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+3.3%
+28.4%
+19.3%
+16.6%
Net income
−9.8%
−3.5%
+0.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 100.1B
total assets, end of FY2025
Total assetsUSD 100.1B
EquityUSD 35.9B
CashUSD 4.6B
Gross debtUSD 32.7B
Net debtUSD 28.1B
Current ratio1.06×

Net debt stands at 78% of equity.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Revenue $B
37.3
39.3
41.3
33.8
12.2
10.7
11.1
10.6
6.9
6.5
6.4
6.3
5.5
4.5
4.2
3.7
3.5
3.4
0.1
Operating income $B
0.7
−10.0
−1.5
−7.4
2.0
2.5
3.0
1.9
0.7
2.1
2.0
2.1
2.0
1.9
1.8
1.4
1.3
1.1
−0.0
EBITDA $B
6.4
−3.0
6.4
−0.2
3.6
3.9
4.4
3.3
1.0
2.4
2.3
2.4
2.3
2.0
1.9
1.5
1.4
1.3
0.1
Income tax $B
0.9
0.1
−0.8
−1.7
0.2
0.4
0.1
0.3
0.2
0.5
0.5
0.6
0.7
0.6
0.4
0.3
0.5
0.4
0.1
Net income $B
0.7
−11.3
−3.1
−7.4
1.0
1.2
2.1
0.6
−0.3
1.2
1.0
1.1
1.1
0.9
1.1
0.7
0.5
0.3
−0.1
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
2.1
−28.5
−6.8
−25.1
9.1
12.0
22.6
9.1
−7.3
21.9
18.7
19.3
17.2
14.7
17.8
10.5
9.4
5.7
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
49 of 49
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed