Overview Dividends

(WBD) Warner Bros Discovery - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9344231041

Film, Series, Streaming, Cable, Gaming

Interactive Home Entertainment
Market Cap in USD: 71,427m

IPO / Inception: 2005-07-08
Return 12m vs S&P 500: 130%

EPS (Earnings per Share)

EPS CAGR: -13.25%
EPS Trend: 7.1%

Last SUE: 0.09
Qual. Beats: 0

Revenue

Rev. CAGR: 32.07%
Rev. Trend: 50.5%

Last SUE: -0.72
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	50.2%
Value at Risk 5%th	74.4%
Relative Tail Risk	-10.03%

Reward TTM
Sharpe Ratio	1.82
Alpha	142.67
CAGR/Max DD	0.55

Character TTM
Hurst Exponent	0.560
Beta	1.728
Beta Downside	2.335

Drawdowns 3y
Max DD	57.90%
Mean DD	29.84%
Median DD	32.56%

Description: WBD Warner Bros Discovery December 03, 2025

Warner Bros. Discovery (WBD) is a global media and entertainment conglomerate organized into three core segments: Studios (film production, TV licensing, home-entertainment distribution, and interactive gaming), Network (domestic and international linear TV channels), and Direct-to-Consumer (premium pay-TV and streaming services such as HBO Max/Max and Discovery+).

As of Q3 2024, the DTC segment reported ~97 million total subscribers, with streaming revenue up 12% YoY, while the Studios segment contributed 45% of total revenue, driven by strong franchise releases (e.g., the latest “Harry Potter” spin-off). The broader industry is being shaped by declining traditional ad spend-down roughly 4% YoY-and a shift toward program-matic digital advertising, which pressures network margins but benefits streaming platforms that can monetize via subscription and targeted ads.

For a deeper, data-rich analysis of WBD’s valuation dynamics, you may find ValueRay’s platform worth exploring.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (485.0m TTM) > 0 and > 6% of Revenue (6% = 2.27b TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA -0.88pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 2.37% (prev -8.06%; Δ 10.43pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.05 (>3.0%) and CFO 5.23b > Net Income 485.0m (YES >=105%, WARN >=100%)

Net Debt (29.76b) to EBITDA (19.55b) ratio: 1.52 <= 3.0 (WARN <= 3.5)

Current Ratio 1.07 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (2.48b) change vs 12m ago 0.36% (target <= -2.0% for YES)

Gross Margin 44.04% (prev 41.03%; Δ 3.01pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 36.61% (prev 37.22%; Δ -0.61pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 1.85 (EBITDA TTM 19.55b / Interest Expense TTM 1.99b) >= 6 (WARN >= 3)

Altman Z'' -0.26

(A) 0.01 = (Total Current Assets 13.06b - Total Current Liabilities 12.16b) / Total Assets 100.52b

(B) -0.11 = Retained Earnings (Balance) -11.26b / Total Assets 100.52b

(D) -0.18 = Book Value of Equity -11.66b / Total Liabilities 63.21b

Total Rating: -0.26 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 55.00

1. Piotroski 3.0pt

2. FCF Yield 4.10%

3. FCF Margin 10.92%

4. Debt/Equity 0.94

5. Debt/Ebitda 1.52

6. ROIC - WACC (= -4.03)%

7. RoE 1.39%

8. Rev. Trend 50.48%

9. EPS Trend 7.09%

What is the price of WBD shares?

As of January 08, 2026, the stock is trading at USD 28.59 with a total of 24,225,295 shares traded.
Over the past week, the price has changed by -0.80%, over one month by +4.99%, over three months by +53.71% and over the past year by +172.03%.

Is WBD a buy, sell or hold?

Warner Bros Discovery has received a consensus analysts rating of 3.85. Therefore, it is recommended to buy WBD.

Strong Buy: 11
Buy: 3
Hold: 12
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the WBD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	27.3	-4.7%
Analysts Target Price	27.3	-4.7%
ValueRay Target Price	29.6	3.4%

WBD Fundamental Data Overview January 03, 2026

Market Cap USD = 71.43b (71.43b USD * 1.0 USD.USD)
P/E Trailing = 151.6842
P/E Forward = 3333.3333
P/S = 1.8865
P/B = 1.9831
P/EG = 221.6923
Beta = 1.608
Revenue TTM = 37.86b USD
EBIT TTM = 3.68b USD
EBITDA TTM = 19.55b USD
Long Term Debt = 33.38b USD (from longTermDebt, last quarter)
Short Term Debt = 364.0m USD (from shortTermDebt, last quarter)
Debt = 33.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 29.76b USD (from netDebt column, last quarter)
Enterprise Value = 100.88b USD (71.43b + Debt 33.75b - CCE 4.29b)
Interest Coverage Ratio = 1.85 (Ebit TTM 3.68b / Interest Expense TTM 1.99b)
FCF Yield = 4.10% (FCF TTM 4.13b / Enterprise Value 100.88b)
FCF Margin = 10.92% (FCF TTM 4.13b / Revenue TTM 37.86b)
Net Margin = 1.28% (Net Income TTM 485.0m / Revenue TTM 37.86b)
Gross Margin = 44.04% ((Revenue TTM 37.86b - Cost of Revenue TTM 21.19b) / Revenue TTM)
Gross Margin QoQ = 49.54% (prev 39.19%)
Tobins Q-Ratio = 1.00 (Enterprise Value 100.88b / Total Assets 100.52b)
Interest Expense / Debt = 1.69% (Interest Expense 570.0m / Debt 33.75b)
Taxrate = 629.6% (out of range, set to none) (170.0m / 27.0m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 1.07 (Total Current Assets 13.06b / Total Current Liabilities 12.16b)
Debt / Equity = 0.94 (Debt 33.75b / totalStockholderEquity, last quarter 36.02b)
Debt / EBITDA = 1.52 (Net Debt 29.76b / EBITDA 19.55b)
Debt / FCF = 7.20 (Net Debt 29.76b / FCF TTM 4.13b)
Total Stockholder Equity = 34.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.48% (Net Income 485.0m / Total Assets 100.52b)
RoE = 1.39% (Net Income TTM 485.0m / Total Stockholder Equity 34.98b)
RoCE = 5.39% (EBIT 3.68b / Capital Employed (Equity 34.98b + L.T.Debt 33.38b))
RoIC = 4.38% (EBIT 3.68b / (Assets 100.52b - Curr.Liab 12.16b - Cash 4.29b))
WACC = 8.41% (E(71.43b)/V(105.17b) * Re(12.38%) + (debt cost/tax rate unavailable))
Discount Rate = 12.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.88%
[DCF Debug] Terminal Value 65.91% ; FCFE base≈4.60b ; Y1≈5.05b ; Y5≈6.44b
Fair Price DCF = 24.14 (DCF Value 59.83b / Shares Outstanding 2.48b; 5y FCF grow 11.01% → 3.0% )
EPS Correlation: 7.09 | EPS CAGR: -13.25% | SUE: 0.09 | # QB: 0
Revenue Correlation: 50.48 | Revenue CAGR: 32.07% | SUE: -0.72 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.10 | Chg30d=-0.009 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=-0.22 | Chg30d=-0.072 | Revisions Net=+1 | Growth EPS=-161.1% | Growth Revenue=-0.9%

Additional Sources for WBD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle