Warner Bros. Discovery Inc - Class A WBD Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$30.95 unchanged at close Oct 7
Last close · Previous close $30.95
- Market cap
- At the Oct 7 close
- P/E ratio
- n/mLoss over last 12 months
- Diluted EPS
- −$1.27Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$30.95unchangedWed, Oct 7 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$30.95Oct 6
- Volume0.00Oct 7 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume67.90MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $18.00 to $30.99; now $30.95
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Oct 7 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
WBD beat the S&P 500 in 4 of 7 periods.
| Period | WBD and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | WBD: up 9.6% S&P 500: up 1.2% | WBD beat the S&P 500 by 8.4 percentage points Beat |
| 3M | WBD: up 18.5% S&P 500: up 4.2% | WBD beat the S&P 500 by 14.3 percentage points Beat |
| YTD | WBD: up 7.4% S&P 500: up 14.9% | WBD trailed the S&P 500 by 7.5 percentage points Trailed |
| 1Y | WBD: up 66.4% S&P 500: up 17.4% | WBD beat the S&P 500 by 49.0 percentage points Beat |
| Long term | ||
| 3Y | WBD: up 201.1% S&P 500: up 87.6% +44.4% vs +23.3% a year | WBD beat the S&P 500 by 113.5 percentage points Beat |
| 5Y | WBD: up 17.0% S&P 500: up 89.5% +3.2% vs +13.6% a year | WBD trailed the S&P 500 by 72.5 percentage points Trailed |
| 10Y | WBD: up 13.9% S&P 500: up 323.5% +1.3% vs +15.5% a year | WBD trailed the S&P 500 by 309.6 percentage points Trailed |
$10,000 invested in WBD 10 years ago (Oct 7, 2016) would be worth about $11,391 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $42,351.
WBD beat the S&P 500 in 4 of 7 periods.
| Period | WBD and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | WBD: up 9.6% S&P 500: up 0.9% | WBD beat the S&P 500 by 8.7 percentage points Beat |
| 3M | WBD: up 18.5% S&P 500: up 3.9% | WBD beat the S&P 500 by 14.6 percentage points Beat |
| YTD | WBD: up 7.4% S&P 500: up 14.0% | WBD trailed the S&P 500 by 6.6 percentage points Trailed |
| 1Y | WBD: up 66.4% S&P 500: up 16.2% | WBD beat the S&P 500 by 50.2 percentage points Beat |
| Long term | ||
| 3Y | WBD: up 201.1% S&P 500: up 80.9% +44.4% vs +21.9% a year | WBD beat the S&P 500 by 120.2 percentage points Beat |
| 5Y | WBD: up 17.0% S&P 500: up 77.2% +3.2% vs +12.1% a year | WBD trailed the S&P 500 by 60.2 percentage points Trailed |
| 10Y | WBD: up 13.9% S&P 500: up 261.4% +1.3% vs +13.7% a year | WBD trailed the S&P 500 by 247.5 percentage points Trailed |
$10,000 invested in WBD 10 years ago (Oct 7, 2016) would be worth about $11,391 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $36,143.
All-time high
$90.46
Closing high on . Now 65.8% below that record.
Split-adjusted daily closes since Jul 8, 2005.
Stock splits
WBD hasn’t split since its price history begins in 2005.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $36.12Bdown 6.1%
- Net income
- −$3.17B
- Diluted EPS
- −$1.27
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $9.62B | $135.00M | $0.05 |
| Q4 FY24 (Dec 31, 2024) | $10.03B | −$494.00M | −$0.20 |
| Q1 FY25 (Mar 31, 2025) | $8.98B | −$453.00M | −$0.18 |
| Q2 FY25 (Jun 30, 2025) | $9.81B | $1.58B | $0.63 |
| Q3 FY25 (Sep 30, 2025) | $9.05B | −$148.00M | −$0.06 |
| Q4 FY25 (Dec 31, 2025) | $9.46B | −$252.00M | −$0.10 |
| Q1 FY26 (Mar 31, 2026) | $8.89B | −$2.92B | −$1.17 |
| Q2 FY26 (Jun 30, 2026) | $8.72B | $149.00M | $0.06 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $12.19B | $1.01B | $1.54 |
| FY22 (Dec 31, 2022) | $33.82B | −$7.37B | −$3.82 |
| FY23 (Dec 31, 2023) | $41.32B | −$3.13B | −$1.28 |
| FY24 (Dec 31, 2024) | $39.32B | −$11.31B | −$4.62 |
| FY25 (Dec 31, 2025) | $37.30B | $727.00M | $0.29 |
Margins
- Gross 47.2%
- Operating −3.5%
- Net −8.8%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $2.18BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$3.42BLast 12 months
- Capital spending$1.24BLast 12 months
- 6.0%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $451.00MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$451.00MLast 12 months
21% of free cash flow
Balance sheet
- $3.37BAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$32.02BAs of Jun 30, 2026
- Net debt$28.65BAs of Jun 30, 2026
- 0.78As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.98As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 4 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✗Net income was positive: not passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- −9.2%Last 12 months
Over the last 12 months, Warner Bros. Discovery lost money: its net loss was 9.2% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - −3.2%Last 12 months
Over the last 12 months, Warner Bros. Discovery’s net loss was 3.2% of its total assets (averaged over the last four quarter-ends).
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.000 |
| 2023 | $0.000 |
| 2024 | $0.000 |
| 2025 | $0.000 |
| 2026 (to date) | $0.000 |
Dividend details
- $0.00Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield0.00%Last 12 months
- $39.00Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
About Warner Bros. Discovery Inc - Class A
Discovery Communications, Inc. (Discovery) is a global nonfiction media and entertainment company that provide programming across multiple distribution platforms worldwide. Discovery operates in three segments: U.S. Networks, International Networks and Education and Other. The Company's U.S. Networks, consists principally of domestic cable and satellite television networks, Websites and other digital media services. Its International Networks consists primarily of international cable and satellite television networks and Websites. It's Education and other consists principally of curriculum-based education product and service offerings and postproduction audio services. In November 2013, the Company announced it has acquired Espresso Group Limited, provider of primary school digital education content in the United Kingdom.
- Sector
- Communication Services
- Industry
- Entertainment
- Headquarters
- New York, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
WBD news
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WBD stock FAQ
What is WBD stock’s price today?
Warner Bros. Discovery (WBD) traded at $30.95 at the close on , unchanged from the previous close of $30.95. Over the past 52 weeks it has traded between $18.00 and $30.99.
If you invested $1,000 in WBD 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in WBD on would be worth about $1,139 at the close on , a total return of +13.9%. The same $1,000 would be worth $1,170 if invested five years ago, $1,664 if invested one year ago, and $4,602 if invested 20 years ago. Past performance doesn’t predict future returns.
What is WBD’s P/E ratio?
WBD’s P/E ratio isn’t meaningful right now because its earnings over the four quarters to are negative (diluted EPS of −$1.27).
How much revenue does Warner Bros. Discovery make?
Warner Bros. Discovery reported $36.1 billion of revenue over the four quarters to , down 6.1% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $8.7 billion, down 11.2% from a year earlier.
Is Warner Bros. Discovery profitable?
Not over the four quarters to . Warner Bros. Discovery reported a net loss of $3.2 billion across those four quarters on $36.1 billion of revenue.
What are WBD’s earnings per share?
WBD’s diluted earnings per share were −$1.27 over the four quarters to , compared with $0.30 in the twelve months before. The latest quarter (Q2 FY26) brought $0.06 per share, against $0.63 a year earlier (how EPS works).
Does WBD pay a dividend?
Warner Bros. Discovery hasn’t paid a dividend in the last twelve months.
What is WBD’s 52-week high and low?
Over the past 52 weeks WBD has traded as low as $18.00 and as high as $30.99. At $30.95 at the close on , it is 0.1% below that high and 72.0% above the low.
What is WBD’s all-time high?
WBD’s highest closing price was $90.46 on , adjusted for stock splits. At $30.95 at the close on , it is 65.8% below that record.
Has WBD stock ever split?
No. WBD hasn’t split since its price history begins in 2005.
How has WBD stock performed?
Including dividends and measured to the close on , WBD has returned +7.4% so far this year and +66.4% over the past year, and +17.0% over five years (+3.2% a year). Over the same periods the S&P 500, measured by SPY, returned +14.9%, +17.4% and +89.5%. Past performance doesn’t predict future returns.
What sector and industry is Warner Bros. Discovery in?
Warner Bros. Discovery is in the Communication Services sector and the Entertainment industry, and is headquartered in New York, USA.
What exchange does WBD trade on?
Warner Bros. Discovery trades on the Nasdaq under the ticker symbol WBD. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
The Interactive Brokers word and logo are trademarks of Interactive Brokers LLC (or its subsidiaries) in the US and/or elsewhere. All rights reserved.