(WBD) Warner Bros Discovery - Ratings and Ratios

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

Film, Series, Streaming, Cable, Gaming

Stock: Interactive Home Entertainment
Age 20.5y

MCap 70,641m
Avg Vol 26.7M (766M USD)

Beta 1.730
Volatility 50.01%

EPS (Earnings per Share)

EPS CAGR: -13.25%
EPS Trend: 7.1%

Last SUE: 0.11
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	50.0%
Value at Risk 5%th	73.9%
Relative Tail Risk	-10.19%

Reward TTM
Sharpe Ratio	2.05
Alpha	163.69
CAGR/Max DD	0.50

Character TTM
Hurst Exponent	0.640
Beta	1.730
Beta Downside	2.282

Drawdowns 3y
Max DD	57.90%
Mean DD	29.87%
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) 54.21

1. Piotroski 3.0pt

2. FCF Yield 4.13%

3. FCF Margin 10.92%

4. Debt/Equity 0.94

5. Debt/Ebitda 1.52

6. ROIC - WACC (= -4.67)%

7. RoE 1.39%

8. Rev. Trend 50.48%

9. EPS Trend 7.09%

What is the price of WBD shares?

As of January 19, 2026, the stock is trading at USD 28.58 with a total of 21,283,912 shares traded.
Over the past week, the price has changed by +0.63%, over one month by +3.51%, over three months by +56.00% and over the past year by +192.53%.

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	27.8	-2.8%
Analysts Target Price	27.8	-2.8%
ValueRay Target Price	30.2	5.8%

WBD Fundamental Data Overview January 17, 2026

P/E Trailing = 149.9474
P/E Forward = 2500.0
P/S = 1.8657
P/B = 1.9613
P/EG = 219.1538
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 = 100.09b USD (70.64b + Debt 33.75b - CCE 4.29b)
Interest Coverage Ratio = 1.85 (Ebit TTM 3.68b / Interest Expense TTM 1.99b)
EV/FCF = 24.21x (Enterprise Value 100.09b / FCF TTM 4.13b)
FCF Yield = 4.13% (FCF TTM 4.13b / Enterprise Value 100.09b)
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 100.09b / Total Assets 100.52b)
Interest Expense / Debt = 1.69% (Interest Expense 570.0m / Debt 33.75b)
Taxrate = 21.0% (US default 21%)
NOPAT = 2.91b (EBIT 3.68b * (1 - 21.00%))
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 = 0.47% (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 = 4.08% (NOPAT 2.91b / Invested Capital 71.26b)
WACC = 8.75% (E(70.64b)/V(104.39b) * Re(12.29%) + D(33.75b)/V(104.39b) * Rd(1.69%) * (1-Tc(0.21)))
Discount Rate = 12.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.88%
[DCF Debug] Terminal Value 76.81% ; FCFF base≈4.60b ; Y1≈5.05b ; Y5≈6.42b
Fair Price DCF = 27.00 (EV 96.70b - Net Debt 29.76b = Equity 66.94b / Shares 2.48b; r=8.75% [WACC]; 5y FCF grow 11.01% → 2.90% )
EPS Correlation: 7.09 | EPS CAGR: -13.25% | SUE: 0.11 | # QB: 0
Revenue Correlation: 50.48 | Revenue CAGR: 32.07% | SUE: -0.72 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.11 | Chg30d=-0.010 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=-0.22 | Chg30d=+0.011 | Revisions Net=+1 | Growth EPS=-159.5% | Growth Revenue=-0.8%

Additional Sources for WBD Stock

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