EBITDA Margin: 13.34%
Is the EBITDA margin high or low?
The EBITDA margin of 13.34% is 71% below its 5-year average of 45.57%, around the middle of its 5-year range (-41.50%–81.60%).
As of Thursday, June 25, 2026. 63.99% below its 12-month average of 37.03%.
WBD EBITDA Margin
Reported quarterly EBITDA margin; no daily interpolation.
WBD Average EBITDA Margin Chart
WBD Current vs Average EBITDA Margin Chart
WBD EBITDA Margin Metrics
EBITDA MARGIN
13.34%
EBITDA MARGIN AVG TTM
37.03%
EBITDA MARGIN AVG 3Y
46.68%
EBITDA MARGIN AVG 5Y
52.22%
EBITDA MARGIN AVG 10Y
57.57%
EBITDA MARGIN AVG 15Y
58.96%
EBITDA MARGIN AVG 20Y
51.02%
CURRENT VS TTM AVG
-63.99%
CURRENT VS 3Y AVG
-71.43%
CURRENT VS 5Y AVG
-74.46%
CURRENT VS 10Y AVG
-76.84%
CURRENT VS 15Y AVG
-77.38%
CURRENT VS 20Y AVG
-73.86%
WBD Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Warner Bros. Discovery, Inc. (WBD) | $68.19B | 13.34% | 37.03% | 46.68% | 52.22% |
| DoorDash, Inc. (DASH)vs › | $77.53B | 12.31% | 9.50% | 2.04% | -1.41% |
| Comcast Corporation (CMCSA)vs › | $80.88B | 37.50% | 33.95% | 30.53% | 30.79% |
| Electronic Arts Inc. (EA)vs › | $51.28B | 16.54% | 21.80% | 24.14% | 23.65% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $43.77B | 18.91% | -16.99% | -14.19% | -1.50% |
| Spotify Technology S.A. (SPOT)vs › | $93.56B | 13.71% | 11.64% | 4.90% | 2.83% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.90B | 8.23% | 7.61% | 7.59% | -4.96% |
| Reddit, Inc. (RDDT)vs › | $30.93B | 24.73% | -5.69% | -10.75% | -15.61% |
| Fox Corporation (FOXA)vs › | $21.96B | 23.61% | 22.17% | 19.63% | 20.58% |
| Omnicom Group Inc. (OMC)vs › | $20.99B | 4.78% | 10.73% | 13.64% | 14.24% |
Margin Comparison
Gross Margin
41.5%
EBITDA Margin
13.3%
Operating Margin
4.1%
Net Margin
-4.7%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EBITDA Margin FAQ
- What is the EBITDA margin for Warner Bros. Discovery, Inc. (WBD)?
- The EBITDA margin for WBD stock is 13.34%.
- Is Warner Bros. Discovery, Inc.'s EBITDA margin high or low?
- The EBITDA margin of 13.34% is 71% below its 5-year average of 45.57%, around the middle of its 5-year range (-41.50%–81.60%).
- What is the TTM average EBITDA margin for Warner Bros. Discovery, Inc. (WBD)?
- The TTM average EBITDA margin for WBD stock is 37.03%.
- What is the 3Y average EBITDA margin for Warner Bros. Discovery, Inc. (WBD)?
- The 3Y average EBITDA margin for WBD stock is 46.68%.
- What is the 5Y average EBITDA margin for Warner Bros. Discovery, Inc. (WBD)?
- The 5Y average EBITDA margin for WBD stock is 52.22%.
- What is the 10Y average EBITDA margin for Warner Bros. Discovery, Inc. (WBD)?
- The 10Y average EBITDA margin for WBD stock is 57.57%.
- What is the 15Y average EBITDA margin for Warner Bros. Discovery, Inc. (WBD)?
- The 15Y average EBITDA margin for WBD stock is 58.96%.
- What is the 20Y average EBITDA margin for Warner Bros. Discovery, Inc. (WBD)?
- The 20Y average EBITDA margin for WBD stock is 51.02%.
WBD EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2026-03-31 | 13.34% |
| 2025-12-31 | 15.78% |
| 2025-09-30 | 21.80% |
| 2025-06-30 | 81.60% |
| 2025-03-31 | 52.63% |
| 2024-12-31 | 48.31% |
| 2024-09-30 | 55.99% |
| 2024-06-30 | -41.50% |
| 2024-03-31 | 54.34% |
| 2023-12-31 | 52.41% |
| 2023-09-30 | 52.28% |
| 2023-06-30 | 54.51% |
| 2023-03-31 | 57.14% |
| 2022-12-31 | 39.25% |
| 2022-09-30 | 48.73% |
| 2022-06-30 | 42.24% |
| 2022-03-31 | 73.66% |
| 2021-12-31 | 51.52% |
| 2021-09-30 | 61.87% |
| 2021-06-30 | 65.02% |
| 2021-03-31 | 56.02% |
| 2020-12-31 | 61.50% |
| 2020-09-30 | 61.85% |
| 2020-06-30 | 63.05% |
| 2020-03-31 | 64.48% |
| 2019-12-31 | 63.78% |
| 2019-09-30 | 60.83% |
| 2019-06-30 | 65.10% |
| 2019-03-31 | 67.31% |
| 2018-12-31 | 65.04% |
| 2018-09-30 | 62.65% |
| 2018-06-30 | 66.15% |
| 2018-03-31 | 47.85% |
| 2017-12-31 | -15.56% |
| 2017-09-30 | 107.63% |
| 2017-06-30 | 36.91% |
| 2017-03-31 | 27.71% |
| 2016-12-31 | 66.33% |
| 2016-09-30 | 59.19% |
| 2016-06-30 | 64.64% |
| 2016-03-31 | 63.10% |
| 2015-12-31 | 59.42% |
| 2015-09-30 | 63.71% |
| 2015-06-30 | 60.82% |
| 2015-03-31 | 61.94% |
| 2014-12-31 | 59.96% |
| 2014-09-30 | 63.01% |
| 2014-06-30 | 68.63% |
| 2014-03-31 | 61.16% |
| 2013-12-31 | 62.65% |
| 2013-09-30 | 64.51% |
| 2013-06-30 | 64.76% |
| 2013-03-31 | 61.25% |
| 2012-12-31 | 113.67% |
| 2012-09-30 | 61.34% |
| 2012-06-30 | 64.56% |
| 2012-03-31 | 58.53% |
| 2011-12-31 | 113.55% |
| 2011-09-30 | 41.94% |
| 2011-06-30 | 44.70% |
| 2011-03-31 | 55.73% |
| 2010-12-31 | 18.33% |
| 2010-09-30 | 35.53% |
| 2010-06-30 | 24.09% |
| 2010-03-31 | 35.90% |
| 2009-12-31 | 62.24% |
| 2009-09-30 | 31.30% |
| 2009-06-30 | 86.01% |
| 2009-03-31 | 55.71% |
| 2008-12-31 | 37.39% |
| 2008-09-30 | 44.62% |
| 2008-06-30 | 33.22% |
| 2008-03-31 | 39.06% |
| 2007-12-31 | -80.71% |
| 2007-09-30 | 86.76% |
| 2007-06-30 | 8.17% |
| 2007-03-31 | 8.26% |
| 2006-12-31 | 9.75% |
| 2006-09-30 | -45.73% |
| 2006-06-30 | 6.09% |
| 2006-03-31 | 8.33% |
| 2005-12-31 | 15.90% |
| 2005-09-30 | 9.81% |
| 2005-06-30 | 8.57% |
| 2005-03-31 | 11.27% |
| 2004-12-31 | 15.02% |
| 2004-09-30 | 14.33% |
| 2004-06-30 | 15.48% |
| 2004-03-31 | 20.60% |
Related Metrics
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.
- Sector
- Communication Services
- Industry
- Entertainment
- CEO
- David Zaslav