# Warner Bros. Discovery Inc. Series A (WBD) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Communication Services / Entertainment. Price $30.95, market value $77.6 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Warner Bros. Discovery Inc. Series A reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.1×**. Each dollar of revenue is priced at 2.1×.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 27.8×**. Enterprise value is 27.8× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.8%** (5-yr avg 15.4%). Free cash flow equals 2.8% of the market value, below its five-year average of 15.4%, so the shares are pricier on cash than usual.

## Profitability
- **Operating margin: -3.5%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 1.9%**. 1.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 2.0%**. 2.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -1.6%**. Return on all capital, debt included, is -1.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -3.2%**. Each dollar of assets produces -3.2% of profit.

## Growth
- **Revenue growth (1 yr): -5.1%** (3-yr 3.3%/yr, 5-yr 28.4%/yr). Revenue fell 5.1% over the last year, against 28.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 106.3%** (5-yr -30.7%/yr). Earnings per share rose 106.3%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -2.4%/yr**. Free cash flow has compounded at -2.4% a year over three years.

## Financial health
- **Debt to equity: 0.91**. Debt is 0.91 times equity, moderate leverage.
- **Net debt / EBITDA: 7.4×**. It would take 7.4 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 1.06** (quick 1.06). Current assets cover the next year's liabilities 1.06 times.
- **Altman Z-score: 1.65**. A Z-score of 1.65 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Warner Bros. Discovery Inc. Series A does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (8 analysts). 8 analysts cover Warner Bros. Discovery Inc. Series A; the consensus is hold, with an average price target of $30.63 (-1% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 63.0%** (YTD 7.4%, 3-mo 18.5%). The shares are up 63.0% over twelve months including dividends.
- **From 52-week high: -0.1%** (72.0% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 75**. An RSI of 75 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.49** (volatility 27%). Beta of 0.49 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=WBD · Page: https://foliofundamentals.com/stocks/wbd

Not investment advice.