Warner Bros. Discovery

Warner Bros. Discovery (WBD) Stock Price, Fundamentals & Analysis

StockUSS&P 500Communication Services

Price

30.76 USD

-0.23%

Price history

Over the past year WBD traded between 17.1 USD and 30.8 USD, closing at 30.76 USD on Sep 24, 2026.

Key statistics

Market cap77.12B USD
Forward P/E494.4
EPS (TTM)-1.28 USD
Dividend yield0%
Annual dividend0 USD
Payout ratio0%
52-week range17.08 – 30.92
52-week change55.5%
Beta1.57
Price / book2.35
Revenue (TTM)36.12B USD
Revenue growth (YoY)-11.2%
Gross margin47.8%
Operating margin5.1%
Profit margin-8.8%
Return on equity-8.8%
Debt / equity94.2
Volume110,237,037
Average volume25,825,509
Next earningsNov 5, 2026
ExchangeNasdaqGS

Profile

Sector
Communication Services
Industry
Entertainment
Employees
35,500
Headquarters
New York, United States
Website
wbd.com

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is involved in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal television, streaming services, and physical and digital home entertainment markets; related consumer products and themed experience licensing; and publishes, develops, licenses, and distributes content for the interactive space in platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles.

Overview

What WBD does

Warner Bros. Discovery (WBD) is a media and entertainment company that operates worldwide through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers services such as HBO Max and discovery+, along with premium pay-TV products like HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment produces and releases feature films for theatrical exhibition, produces and licenses television programs, and distributes content to third-party and internal television, streaming services, and physical and digital home entertainment markets. It also publishes, develops, licenses, and distributes content for interactive platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles.

Key numbers explained

  • 30.76 USD is the current share price, representing the cost to buy one share of Warner Bros. Discovery on the US market.
  • The -0.23% price change today shows the stock moved slightly lower during the trading session.
  • A marketCap of 77.12B USD means the total market value of all outstanding shares is roughly 77.12 billion USD.
  • The forward P/E ratio of 494.4 is calculated by dividing the share price by expected future earnings; a very high number like 494.4 typically signals that investors expect significant earnings growth or that current earnings are very low relative to the price.
  • The dividend yield of 0% and 0% share of earnings paid out as dividends mean Warner Bros. Discovery does not currently pay a cash dividend to shareholders.
  • A beta of 1.57 indicates the stock tends to be more volatile than the overall market; a 1.57 beta suggests roughly 57% more price movement than the market average.
  • The -8.8% profitMargin means that for every dollar of revenue, the company loses 8.8 cents after all expenses.
  • The 55.5% price change over the last 52 weeks shows the stock has risen significantly from its 17.08 USD low to its 30.92 USD high in the past year.
  • Warner Bros. Discovery is part of the S&P 500, a broad US stock index.

Recent news

Recent headlines indicate that Paramount settled the Warner Bros. antitrust fight, raising questions about whether the merger deal is finally close. Other stories note that Warner Bros. Discovery could be below fair value as a licensing deal lands, and that the stock has been surging on settlement progress in the Paramount merger suit. Additional coverage highlights Paramount's plans for a 49 billion USD debt sale to finance the Warner Bros. merger.

What to watch

For a stock like Warner Bros. Discovery, investors typically monitor streaming subscriber growth and content spending, as these drive revenue in the Streaming and Studios segments. Regulatory decisions on major mergers and antitrust settlements can create significant price swings. Broader media industry trends, such as advertising revenue and competition from other Walt Disney Company (The) (DIS) or Paramount Skydance Corporation (PSKY), also affect sentiment. Debt levels and financing plans, such as large debt sales, are relevant given the 94.2% debt-to-equity ratio.

What WBD does

Key numbers explained

Recent news

What to watch

Latest news & filings

Frequently asked questions

Does WBD pay a dividend?

No. The dividend yield is 0%, and 0% of earnings are paid out as dividends, so Warner Bros. Discovery does not currently pay a cash dividend.

What is the WBD P/E ratio?

The forward P/E ratio is 494.4, based on expected earnings. This very high ratio reflects that current earnings are low or negative relative to the share price.

Where can I buy WBD?

WBD trades on the US market as a stock. You can buy it through any brokerage that offers access to US-listed equities.

What does WBD do?

Warner Bros. Discovery operates as a media and entertainment company worldwide through Streaming, Studios, and Global Linear Networks segments, offering services like HBO Max and producing films and TV content.

Is WBD profitable?

The trailing 12-month profit margin is -8.8%, and earnings per share is -1.28 USD, indicating the company is currently operating at a loss.

How volatile is WBD compared to the market?

The beta is 1.57, meaning Warner Bros. Discovery tends to be more volatile than the overall market, with price swings roughly 57% larger than the market average.

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Data as of Sep 23, 2026. Sources: Yahoo Finance, Bucharest Stock Exchange.

For information and education only — not investment advice. Prices may be delayed. The overview is generated with AI from the data shown on this page.