Warner Bros. Discovery (WBD) Debt/Equity Ratio: History & Chart

Warner Bros. Discovery, Inc. (WBD)WBDWarner Bros. Discovery, Inc.

About Warner Bros. Discovery, Inc.

Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary television channels. Additionally, it encompasses streaming services, home entertainment distribution, licensing for themed attractions, and the creation of interactive games. The Network division oversees a comprehensive portfolio of television channels, both domestically and internationally. Its Direct-to-Consumer (DTC) segment focuses on delivering premium subscription television and streaming content directly to consumers. Beyond its operational structure, Warner Bros. Discovery commands an extensive intellectual property portfolio. This encompasses a vast array of iconic content, brands, and franchises spanning television, film, streaming, and gaming. Noteworthy examples include properties from the Warner Bros. Motion Picture Group and Television Group, DC, HBO, Max, Discovery Channel, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, as well as beloved sagas like Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings. The company distributes its content through a multitude of channels, ranging from traditional linear, free-to-air, and broadcast television to authenticated digital applications, various digital distribution partnerships, content licensing agreements, and proprietary direct-to-consumer subscription offerings. Established in 2008, Warner Bros. Discovery, Inc. maintains its corporate headquarters in New York City.

New York City, NY

35,500 employees

ir.wbd.com

Communication Services / Entertainment

Sector: Communication Services
Industry: Entertainment
CEO: David Zaslav

View full financials

WBD Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.05

DEBT TO EQUITY RATIO AVG TTM

0.77

DEBT TO EQUITY RATIO AVG 3Y

1.03

DEBT TO EQUITY RATIO AVG 5Y

1.08

DEBT TO EQUITY RATIO AVG 10Y

1.35

DEBT TO EQUITY RATIO AVG 15Y

1.22

DEBT TO EQUITY RATIO AVG 20Y

1.03

CURRENT VS TTM AVG

-94.09%

CURRENT VS 3Y AVG

-95.59%

CURRENT VS 5Y AVG

-95.78%

CURRENT VS 10Y AVG

-96.63%

CURRENT VS 15Y AVG

-96.29%

CURRENT VS 20Y AVG

-95.59%

SECTOR MEDIAN · COMMUNICATION SERVICES

0.43

median of 27 covered companies

CURRENT VS SECTOR MEDIAN

-89.43%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Warner Bros. Discovery, Inc. (WBD)	$68.14B	0.05	0.77	1.03	1.08
Comcast Corporation (CMCSA)vs ›	$90.67B	1.01	1.15	1.21	1.19
DoorDash, Inc. (DASH)vs ›	$93.15B	0.33	0.20	0.14	0.13
Live Nation Entertainment, Inc. (LYV)vs ›	$42.77B	137.04	46.83	46.83	46.83
Spotify Technology S.A. (SPOT)vs ›	$103.51B	0.06	0.32	0.50	0.51
Reddit, Inc. (RDDT)vs ›	$30.53B	0.01	0.01	0.01	0.02
Fox Corporation (FOXA)vs ›	$27.51B	0.57	0.59	0.68	0.70
EchoStar Corporation (SATS)vs ›	$25.07B	1.24	3.43	2.34	1.76
Omnicom Group Inc. (OMC)vs ›	$23.76B	1.15	1.35	1.64	1.82
Roku, Inc. (ROKU)vs ›	$22.47B	0.14	0.29	0.28	0.27

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Warner Bros. Discovery, Inc. (WBD)

$68.14B

0.05

0.77

1.03

1.08

Comcast Corporation (CMCSA)vs ›

$90.67B

1.01

1.15

1.21

1.19

DoorDash, Inc. (DASH)vs ›

$93.15B

0.33

0.20

0.14

0.13

Live Nation Entertainment, Inc. (LYV)vs ›

$42.77B

137.04

46.83

Spotify Technology S.A. (SPOT)vs ›

$103.51B

0.06

0.32

0.50

0.51

Reddit, Inc. (RDDT)vs ›

$30.53B

0.01

0.02

Fox Corporation (FOXA)vs ›

$27.51B

0.57

0.59

0.68

0.70

EchoStar Corporation (SATS)vs ›

$25.07B

1.24

3.43

2.34

1.76

Omnicom Group Inc. (OMC)vs ›

$23.76B

1.15

1.35

1.64

1.82

Roku, Inc. (ROKU)vs ›

$22.47B

0.14

0.29

0.28

0.27

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Warner Bros. Discovery, Inc. (WBD)?

The debt to equity ratio for WBD stock is 0.05.

Is Warner Bros. Discovery, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 0.05 is 96% below its 5-year average of 1.08, near the low end of its 5-year range (0.05–1.30).

What is the TTM average debt to equity ratio for Warner Bros. Discovery, Inc. (WBD)?

The TTM average debt to equity ratio for WBD stock is 0.77.

What is the 3Y average debt to equity ratio for Warner Bros. Discovery, Inc. (WBD)?

The 3Y average debt to equity ratio for WBD stock is 1.03.

What is the 5Y average debt to equity ratio for Warner Bros. Discovery, Inc. (WBD)?

The 5Y average debt to equity ratio for WBD stock is 1.08.

What is the 10Y average debt to equity ratio for Warner Bros. Discovery, Inc. (WBD)?

The 10Y average debt to equity ratio for WBD stock is 1.35.

What is the 15Y average debt to equity ratio for Warner Bros. Discovery, Inc. (WBD)?

The 15Y average debt to equity ratio for WBD stock is 1.22.

What is the 20Y average debt to equity ratio for Warner Bros. Discovery, Inc. (WBD)?

The 20Y average debt to equity ratio for WBD stock is 1.03.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.05
2026-03-31	1.00
2025-12-31	0.91
2025-09-30	0.94
2025-06-30	0.96
2025-03-31	1.11
2024-12-31	1.16
2024-09-30	1.15
2024-06-30	1.19
2024-03-31	0.96
2023-12-31	0.97
2023-09-30	1.00
2023-06-30	1.04
2023-03-31	1.05
2022-12-31	1.04
2022-09-30	1.03
2022-06-30	1.02
2022-03-31	1.20
2021-12-31	1.27
2021-09-30	1.27
2021-06-30	1.30
2021-03-31	1.39
2020-12-31	1.47
2020-09-30	1.52
2020-06-30	1.55
2020-03-31	1.68
2019-12-31	1.56
2019-09-30	1.61
2019-06-30	1.72
2019-03-31	1.88
2018-12-31	2.00
2018-09-30	2.15
2018-06-30	2.31
2018-03-31	2.45
2017-12-31	3.21
2017-09-30	2.56
2017-06-30	1.50
2017-03-31	1.52
2016-12-31	1.53
2016-09-30	1.54
2016-06-30	1.49
2016-03-31	1.49
2015-12-31	1.42
2015-09-30	1.25
2015-06-30	1.31
2015-03-31	1.42
2014-12-31	1.27
2014-09-30	1.22
2014-06-30	1.17
2014-03-31	1.12
2013-12-31	1.05
2013-09-30	1.05
2013-06-30	1.03
2013-03-31	1.03
2012-12-31	0.83
2012-09-30	0.83
2012-06-30	0.81
2012-03-31	0.65
2011-12-31	0.65
2011-09-30	0.66
2011-06-30	0.65
2011-03-31	0.56
2010-12-31	0.58
2010-09-30	0.54
2010-06-30	0.56
2010-03-31	0.55
2009-12-31	0.56
2009-09-30	0.58
2009-06-30	0.59
2009-03-31	0.66
2008-12-31	0.69
2008-09-30	0.71
2008-06-30	0.00
2008-03-31	0.00
2007-12-31	0.00
2007-09-30	0.00
2007-06-30	0.00
2007-03-31	0.00
2006-12-31	0.00
2006-09-30	0.00
2006-06-30	0.00
2006-03-31	0.00
2005-12-31	0.00
2005-09-30	0.00
2005-06-30	0.00
2005-03-31	0.00
2004-12-31	0.00
2004-09-30	0.00
2004-06-30	0.00
2004-03-31	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.05

2026-03-31

1.00

2025-12-31

0.91

2025-09-30

0.94

2025-06-30

0.96

2025-03-31

1.11

2024-12-31

1.16

2024-09-30

1.15

2024-06-30

1.19

2024-03-31

0.96

2023-12-31

0.97

2023-09-30

1.00

2023-06-30

1.04

2023-03-31

1.05

2022-12-31

1.04

2022-09-30

1.03

2022-06-30

1.02

2022-03-31

1.20

2021-12-31

1.27

2021-09-30

1.27

2021-06-30

1.30

2021-03-31

1.39

2020-12-31

1.47

2020-09-30

1.52

2020-06-30

1.55

2020-03-31

1.68

2019-12-31

1.56

2019-09-30

1.61

2019-06-30

1.72

2019-03-31

1.88

2018-12-31

2.00

2018-09-30

2.15

2018-06-30

2.31

2018-03-31

2.45

2017-12-31

3.21

2017-09-30

2.56

2017-06-30

1.50

2017-03-31

1.52

2016-12-31

1.53

2016-09-30

1.54

2016-06-30

1.49

2016-03-31

1.49

2015-12-31

1.42

2015-09-30

1.25

2015-06-30

1.31

2015-03-31

1.42

2014-12-31

1.27

2014-09-30

1.22

2014-06-30

1.17

2014-03-31

1.12

2013-12-31

1.05

2013-09-30

1.05

2013-06-30

1.03

2013-03-31

1.03

2012-12-31

0.83

2012-09-30

0.83

2012-06-30

0.81

2012-03-31

0.65

2011-12-31

0.65

2011-09-30

0.66

2011-06-30

0.65

2011-03-31

0.56

2010-12-31

0.58

2010-09-30

0.54

2010-06-30

0.56

2010-03-31

0.55

2009-12-31

0.56

2009-09-30

0.58

2009-06-30

0.59

2009-03-31

0.66

2008-12-31

0.69

2008-09-30

0.71

2008-06-30

0.00

2008-03-31

0.00

2007-12-31

0.00

2007-09-30

0.00

2007-06-30

0.00

2007-03-31

0.00

2006-12-31

0.00

2006-09-30

0.00

2006-06-30

0.00

2006-03-31

0.00

2005-12-31

0.00

2005-09-30

0.00

2005-06-30

0.00

2005-03-31

0.00

2004-12-31

0.00

2004-09-30

0.00

2004-06-30

0.00

2004-03-31

0.00

Debt to Equity Ratio: 0.05

WBD Debt to Equity Ratio

WBD Average Debt to Equity Ratio Chart

WBD Current vs Average Debt to Equity Ratio Chart

WBD Debt to Equity Ratio Metrics

WBD Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

WBD Debt to Equity Ratio History

Related Metrics