What are Warner Bros. Discovery, Inc.'s profit margins?

Warner Bros. Discovery, Inc. (WBD) runs a 45.2% gross margin and a -4.6% operating margin, with a 1.3% net margin.

Where do Warner Bros. Discovery, Inc.'s ratios come from?

Every ratio is computed from Warner Bros. Discovery, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Warner Bros. Discovery, Inc. WBD Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	173.8%+8.9pp	165%+9.6pp	155.4%-35.2pp	190.5%-59.1pp
Operating margin	-22.8%+58.9pp	-81.7%-36.9pp	-44.8%-6.9pp	-37.9%-110pp
EBITDA margin	42.4%+49.0pp	-6.6%-41.6pp	35%-2.7pp	37.7%-84.9pp
Free cash flow margin	41.1%-18.9pp	60%+18.9pp	41.1%-9.1pp	50.1%-27.6pp
Returns
Return on invested capital	-23%+57.5pp	-80.5%-29.6pp	-51%-18.5pp	-32.5%-83.0pp
Efficiency
Asset turnover	1.4×+0.1×	1.4×-0.1×	1.5×+0.2×	1.3×-0.1×
Liquidity
Current ratio	4×+0.7×	3.3×-0.2×	3.5×-1.4×	4.9×-3.0×
Quick ratio	4×+0.7×	3.3×-0.2×	3.5×-1.4×	4.9×-3.0×
Cash ratio	1.3×+0.4×	0.9×+0.2×	0.7×-1.0×	1.8×-1.7×
Leverage
Debt-to-equity	0.2×-0.2×	0.5×+0.2×	0.3×0.0×	0.3×+0.1×
Debt-to-assets	0.1×-0.1×	0.2×0.0×	0.1×0.0×	0.1×0.0×
Interest coverage	-4.5×+11.3×	-15.8×-7.4×	-8.4×-1.2×	-7.1×-20.1×
Per Share
Book value per share	$56.90-5.5%	$60.19-19.4%	$74.70-11.8%	$84.73+23.6%
Valuation
Market capitalization	$173.09B—	——	——	——
Enterprise value	$162.94B—	——	——	——
Price / sales	4.6×—	——	——	——
Price / book	4.9×—	——	——	——
EV / sales	4.3×—	——	——	——
Free cash flow yield	44.4%—	——	——	——

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Questions, answered.

What are Warner Bros. Discovery, Inc.'s profit margins?: Warner Bros. Discovery, Inc. (WBD) runs a 45.2% gross margin and a -4.6% operating margin, with a 1.3% net margin.
Where do Warner Bros. Discovery, Inc.'s ratios come from?: Every ratio is computed from Warner Bros. Discovery, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.