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Net debt / EBITDA at other companies

Netflix logo
NetflixNFLX
0.3×-0.6×
Walt Disney logo
Walt DisneyDIS
2.1×-0.7×
Fox Corporation logo
Fox CorporationFOXA
1.2×+0.3×
Comcast logo
ComcastCMCSA
2.6×0.0×
Warner Music Group logo
Warner Music GroupWMG
0.1×-3.3×
Charter Communications, Inc. logo
Charter Communications, Inc.CHTR
4.3×+0.1×

Other financials

Income statement

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Revenue$8.9B-1.0%
Gross profit$4.3B+10.5%
Operating income-$2.5B-6,573%
Net income-$2.9B-544%
EPS (diluted)-$1.17-550%

Balance sheet

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Cash & equivalents$3.3B-15.6%
Total debt$1.5B-46.3%
Total equity$32.6B-3.7%
Total assets$97.8B-3.8%

Cash flow

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Operating cash flow-$208.0M-138%
CapEx$268.0M+6.8%
Free cash flow-$476.0M-258%

Valuation

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Market cap$65.79B+161%
Enterprise value$64.02B+166%
P/S1.8×+1.1×

Profitability

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Gross margin45.2%+2.7pp
Operating margin-4.6%-2.1pp
Net margin1.3%+0.7pp

Returns & leverage

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Return on equity1.4%+0.7pp
Debt / equity0.0×
Current ratio0.7×-0.1×

Where this comes from

Calculated from Warner Bros. Discovery, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Warner Bros. Discovery, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warner Bros. Discovery, Inc.'s net debt / EBITDA?
Warner Bros. Discovery, Inc. (WBD) reported net debt / EBITDA of -0.5× in Q1 2026.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.