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).

Compare

Total return — NFLX vs WBD

growth of $100 · last 21y
NFLX +32085.1%WBD +178.8%NFLX compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020092013201720212025$32,185$279
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 4

It depends on what you're optimizing for:

GrowthWBD(faster 5Y revenue CAGR)
QualityNFLX(higher ROIC)

Metrics side by side

Valuation

MetricNFLXWBD
P/E ratio24.38
Forward P/E21.22
P/S ratio6.931.75
P/B ratio10.442.00
PEG ratio1.34
EV / EBITDA10.617.25
FCF yield3.66%3.54%

Profitability

MetricNFLXWBD
Gross margin49.03%28.18%
Operating margin29.72%4.06%
Net margin28.52%-4.67%
ROE42.97%-5.33%
ROIC25.22%0.68%

Growth (annualized)

MetricNFLXWBD
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.

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.