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Net margin at other companies

Netflix logo
NetflixNFLX
28.5%+5.4pp
Walt Disney logo
Walt DisneyDIS
14.7%+6.3pp
Fox Corporation logo
Fox CorporationFOXA
10.8%-1.0pp
Comcast logo
ComcastCMCSA
15%+2.3pp
Warner Music Group logo
Warner Music GroupWMG
6.3%-0.8pp
Charter Communications, Inc. logo
Charter Communications, Inc.CHTR
9%-0.4pp

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

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 trailing twelve months.

The official record: Warner Bros. Discovery, Inc.’s 10-Q, filed November 6, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warner Bros. Discovery, Inc.'s net margin?
Warner Bros. Discovery, Inc. (WBD) reported net margin of 1.3% in Q3 2025.
How has Warner Bros. Discovery, Inc.'s net margin changed year-over-year?
Warner Bros. Discovery, Inc.'s net margin increased by 104.5% year-over-year, from -28.3% to 1.3%.
What is the long-term trend for Warner Bros. Discovery, Inc.'s net margin?
Over 3 years (2021 to 2024), Warner Bros. Discovery, Inc.'s net margin has grown at a 32.9% compound annual growth rate (CAGR), from 40% to -94%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.