Which has grown faster, T or WBD?

Over the past five years, WBD grew revenue faster — T at a -6.06% CAGR versus WBD at 28.12%.

Does T or WBD pay a bigger dividend?

T pays a dividend (5.27% yield) while WBD does not currently pay one.

Is T or WBD more profitable?

T runs the higher net margin — T at 16.89% versus WBD at -4.67%.

Which has been the better investment, T or WBD?

Over the past 10-year, T delivered the higher annualized total return — T at 2.65% versus WBD at 0.20%. Past performance doesn't predict future results.

AT&T Inc. (T) vs Warner Bros. Discovery, Inc. (WBD)

T leads on 11 of 13 compared metrics.

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 July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AT&T Inc.

$146.12B

$21.03Communication Services

WBD

Warner Bros. Discovery, Inc.

$66.77B

$26.63Communication Services

Total return — T vs WBD

growth of $100 · last 21y

T +15.8%WBD +178.8%WBD compounded faster

T WBD

T vs WBD: by the numbers

•T is the larger company ($146.12B vs $66.77B market cap).
•T is profitable (16.89% net margin) while WBD runs a net loss (-4.67%).
•WBD grew revenue faster over the past five years (28.12% vs -6.06% CAGR).
•T pays a dividend (5.27% yield) while WBD does not currently pay one.

Which is better, T or WBD?

Metric tally: T 11 · WBD 2

It depends on what you're optimizing for:

GrowthWBD(faster 5Y revenue CAGR)

QualityT(higher ROIC)

Metrics side by side

Valuation

Metric	T	WBD
P/E ratio	7.09	—
Forward P/E	9.10	—
P/S ratio	1.17●	1.75
P/B ratio	1.35●	2.00
PEG ratio	0.08	—
EV / EBITDA	6.65●	7.25
FCF yield	11.72%●	3.54%

Profitability

Metric	T	WBD
Gross margin	79.66%●	28.18%
Operating margin	19.35%●	4.06%
Net margin	16.89%●	-4.67%
ROE	19.48%●	-5.33%
ROIC	5.57%●	0.68%

Dividends

Metric	T	WBD
Dividend yield	5.27%	—
Payout ratio	36.51%	—

Growth (annualized)

Metric	T	WBD
Revenue CAGR (5Y)	-6.06%	28.12%●
EPS CAGR (5Y)	8.15%●	-30.75%
FCF CAGR (5Y)	-10.02%	0.21%●
Total return CAGR (5Y)	5.72%●	-1.90%

Frequently asked

Which is better, T or WBD?: It depends on your goal. growth: WBD (faster 5Y revenue CAGR); quality: T (higher ROIC). Across all compared metrics, T leads 11 to 2.
Which has grown faster, T or WBD?: Over the past five years, WBD grew revenue faster — T at a -6.06% CAGR versus WBD at 28.12%.
Does T or WBD pay a bigger dividend?: T pays a dividend (5.27% yield) while WBD does not currently pay one.
Is T or WBD more profitable?: T runs the higher net margin — T at 16.89% versus WBD at -4.67%.
Which has been the better investment, T or WBD?: Over the past 10-year, T delivered the higher annualized total return — T at 2.65% versus WBD at 0.20%. Past performance doesn't predict future results.

Go deeper

Full T analysis Full WBD analysis Interactive comparison tool

Dig into the metrics

AT&T P/E ratio Warner Bros. Discovery P/E ratio AT&T dividend yield Warner Bros. Discovery dividend yield AT&T ROE Warner Bros. Discovery ROE AT&T operating margin Warner Bros. Discovery operating margin AT&T revenue growth Warner Bros. Discovery revenue growth AT&T free cash flow Warner Bros. Discovery free cash flow

AT&T & Warner Bros. Discovery appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

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.