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Warner Bros. Discovery, Inc. WBD Return on invested capital

Return on invested capital at other companies

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New York TimesNYT
18.4%+1.9pp
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37.8%+4.9pp
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7.8%-1.8pp
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-45.5%-73.9pp
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-2.8%-6.5pp
TDA
USA TODAY Co. Inc.TDAY
-2.2%-8.3pp

Other financials

Income statement

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Revenue$8.9B-1.0%
Gross profit$4.3B+10.4%
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$65.94B+108%
Enterprise value$64.17B+138%
P/S1.8×+0.9×

Profitability

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Gross margin45.2%+2.7pp
Operating margin-4.6%-2.1pp
Net margin1.3%+0.7pp
FCF margin6.2%-5.1pp

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 source filing: Warner Bros. Discovery, Inc.’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 5:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437107-26-000057

FAQ

What is Warner Bros. Discovery, Inc.'s return on invested capital?
Warner Bros. Discovery, Inc. (WBD) reported return on invested capital of -5.3% in Q1 2026.
How has Warner Bros. Discovery, Inc.'s return on invested capital changed year-over-year?
Warner Bros. Discovery, Inc.'s return on invested capital increased by 79.3% year-over-year, from -25.8% to -5.3%.
What is the long-term trend for Warner Bros. Discovery, Inc.'s return on invested capital?
Over 5 years (2020 to 2025), Warner Bros. Discovery, Inc.'s return on invested capital has grown at a -28.9% compound annual growth rate (CAGR), from 11.5% to 2.1%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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