AT&T Inc. (T) vs Warner Bros. Discovery, Inc. (WBD)
A side-by-side comparison of AT&T 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.
T
AT&T Inc.
$25.29Communication 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 — T vs WBD
growth of $100 · dividends reinvested · last 10yT +60.4% (+4.8%/yr)WBD +7.5% (+0.7%/yr)T compounded faster over this window
T WBD
T vs WBD: by the numbers
- •T is the larger company ($173.43B vs $71.58B market cap).
- •T is profitable (16.89% net margin) while WBD runs a net loss (-8.77%).
- •WBD grew revenue faster over the past five years (26.16% vs -5.37% CAGR).
- •T pays a dividend (4.39% yield), while WBD has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | T | WBD |
|---|---|---|
| P/E ratio | 8.40 | N/A |
| Forward P/E | 10.81 | N/A |
| P/S ratio | 1.38 | 2.04 |
| P/B ratio | 1.59 | 2.24 |
| EV / EBITDA | 6.93 | 10.75 |
| FCF yield | 10.05% | 2.97% |
Profitability
| Metric | T | WBD |
|---|---|---|
| Gross margin | 59.72% | 28.18% |
| Operating margin | 20.38% | 5.35% |
| Net margin | 16.89% | -8.77% |
| ROE | 19.46% | -9.64% |
| ROIC | 5.96% | 2.34% |
Dividends
| Metric | T | WBD |
|---|---|---|
| Dividend yield | 4.39% | N/A |
| Payout ratio | 36.51% | N/A |
Growth (annualized)
| Metric | T | WBD |
|---|---|---|
| Revenue CAGR (5Y) | -5.37% | 26.16% |
| EPS CAGR (5Y) | 8.15% | -30.75% |
| FCF CAGR (5Y) | -9.29% | 0.15% |
| Total return CAGR (5Y) | 10.42% | 0.34% |
Frequently asked
- Which has grown faster, T or WBD?
- Over the past five years, WBD grew revenue faster — T at a -5.37% CAGR versus WBD at 26.16%.
- Does T or WBD pay a bigger dividend?
- T pays a dividend (4.39% yield), while WBD has no payments in the available dividend history.
- Is T or WBD more profitable?
- T runs the higher net margin — T at 16.89% versus WBD at -8.77%.
- How have T and WBD total returns compared?
- Over the past 10 years, T delivered 5.08% and WBD delivered 0.66% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AT&T P/E ratioAT&T dividend yieldAT&T ROEWarner Bros. Discovery ROEAT&T operating marginWarner Bros. Discovery operating marginAT&T revenue growthWarner Bros. Discovery revenue growthAT&T free cash flowWarner Bros. Discovery free cash flow
AT&T & 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.