Netflix, Inc. (NFLX) vs Warner Bros. Discovery, Inc. (WBD)
A side-by-side comparison of Netflix, Inc. and Warner Bros. Discovery, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
NFLX
Netflix, Inc.
$79.59Communication ServicesAt close: Aug 21, 2026, 4:00 PM ET
WBD
Warner Bros. Discovery, Inc.
$28.55Communication ServicesAt close: Aug 21, 2026, 4:00 PM ET
Total return — NFLX vs WBD
growth of $100 · dividends reinvested · last 10yNFLX +725.6% (+23.5%/yr)WBD +7.5% (+0.7%/yr)NFLX compounded faster over this window
Log scale — wide-divergence pair
NFLX WBD
NFLX vs WBD: by the numbers
- •NFLX is the larger company ($331.41B vs $71.58B market cap).
- •NFLX is profitable (28.22% net margin) while WBD runs a net loss (-8.77%).
- •WBD grew revenue faster over the past five years (26.16% vs 11.89% CAGR).
Metrics side by side
Valuation
| Metric | NFLX | WBD |
|---|---|---|
| P/E ratio | 25.03 | N/A |
| Forward P/E | 22.12 | N/A |
| P/S ratio | 7.01 | 2.04 |
| P/B ratio | 11.25 | 2.24 |
| EV / EBITDA | 10.75 | 10.75 |
| FCF yield | 3.24% | 2.97% |
Profitability
| Metric | NFLX | WBD |
|---|---|---|
| Gross margin | 49.12% | 28.18% |
| Operating margin | 29.68% | 5.35% |
| Net margin | 28.22% | -8.77% |
| ROE | 45.27% | -9.64% |
| ROIC | 24.34% | 2.34% |
Growth (annualized)
| Metric | NFLX | WBD |
|---|---|---|
| Revenue CAGR (5Y) | 11.89% | 26.16% |
| EPS CAGR (5Y) | 32.58% | -30.75% |
| FCF CAGR (5Y) | 51.23% | 0.15% |
| Total return CAGR (5Y) | 7.79% | 0.34% |
Frequently asked
- Which has grown faster, NFLX or WBD?
- Over the past five years, WBD grew revenue faster — NFLX at a 11.89% CAGR versus WBD at 26.16%.
- Is NFLX or WBD more profitable?
- NFLX runs the higher net margin — NFLX at 28.22% versus WBD at -8.77%.
- How have NFLX and WBD total returns compared?
- Over the past 10 years, NFLX delivered 23.56% and WBD delivered 0.66% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Netflix P/E ratioNetflix ROEWarner Bros. Discovery ROENetflix operating marginWarner Bros. Discovery operating marginNetflix revenue growthWarner Bros. Discovery revenue growthNetflix free cash flowWarner Bros. Discovery free cash flow
Netflix & Warner Bros. Discovery appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.