Netflix, Inc. (NFLX) vs Warner Bros. Discovery, Inc. (WBD)
NFLX leads on 9 of 13 compared metrics.
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 July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
NFLX
Netflix, Inc.
$75.47Communication Services
WBD
Warner Bros. Discovery, Inc.
$26.63Communication Services
Total return — NFLX vs WBD
growth of $100 · last 21yNFLX +32085.1%WBD +178.8%NFLX compounded faster
Log scale — wide-divergence pair
NFLX WBD
NFLX vs WBD: by the numbers
- •NFLX is the larger company ($317.79B vs $66.77B market cap).
- •NFLX is profitable (28.52% net margin) while WBD runs a net loss (-4.67%).
- •WBD grew revenue faster over the past five years (28.12% vs 12.18% CAGR).
Which is better, NFLX or WBD?
Metric tally: NFLX 9 · WBD 4It depends on what you're optimizing for:
GrowthWBD(faster 5Y revenue CAGR)
QualityNFLX(higher ROIC)
Metrics side by side
Valuation
| Metric | NFLX | WBD |
|---|---|---|
| P/E ratio | 24.38 | — |
| Forward P/E | 21.22 | — |
| P/S ratio | 6.93 | 1.75● |
| P/B ratio | 10.44 | 2.00● |
| PEG ratio | 1.34 | — |
| EV / EBITDA | 10.61 | 7.25● |
| FCF yield | 3.66%● | 3.54% |
Profitability
| Metric | NFLX | WBD |
|---|---|---|
| Gross margin | 49.03%● | 28.18% |
| Operating margin | 29.72%● | 4.06% |
| Net margin | 28.52%● | -4.67% |
| ROE | 42.97%● | -5.33% |
| ROIC | 25.22%● | 0.68% |
Growth (annualized)
| Metric | NFLX | WBD |
|---|---|---|
| Revenue CAGR (5Y) | 12.18% | 28.12%● |
| EPS CAGR (5Y) | 32.58%● | -30.75% |
| FCF CAGR (5Y) | 37.02%● | 0.21% |
| Total return CAGR (5Y) | 7.33%● | -1.90% |
Frequently asked
- Which is better, NFLX or WBD?
- It depends on your goal. growth: WBD (faster 5Y revenue CAGR); quality: NFLX (higher ROIC). Across all compared metrics, NFLX leads 9 to 4.
- Which has grown faster, NFLX or WBD?
- Over the past five years, WBD grew revenue faster — NFLX at a 12.18% CAGR versus WBD at 28.12%.
- Is NFLX or WBD more profitable?
- NFLX runs the higher net margin — NFLX at 28.52% versus WBD at -4.67%.
- Which has been the better investment, NFLX or WBD?
- Over the past 10-year, NFLX delivered the higher annualized total return — NFLX at 22.78% versus WBD at 0.20%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Netflix P/E ratioWarner Bros. Discovery P/E ratioNetflix dividend yieldWarner Bros. Discovery dividend yieldNetflix 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 July 9, 2026.