WBD vs CMCSA vs NXST Stock Comparison

Warner Bros. Discovery, Comcast and Nexstar Media Prices as of Oct 6, 2026 Peers: Industry group
WBD Warner Bros. Discovery, Inc.
$30.98 +9.7% 1M +62.4% 1Y
Market cap
$77.70B
P/E
–
Revenue (TTM)
$36.12B
Div. yield
–
Television Broadcasting Communication Services
3 wins
CMCSA Comcast Corp
$22.69 +0.6% 1M -22.6% 1Y
Market cap
$78.42B
P/E
6.9x
Revenue (TTM)
$123.01B
Div. yield
–
Broadband and Cable Communication Services
6 wins
NXST Nexstar Media Group, Inc.
$167.34 +1.1% 1M -12.5% 1Y
Market cap
$5.04B
P/E
26.8x
Revenue (TTM)
$5.88B
Div. yield
0.04%
Television Broadcasting Communication Services
2 wins

Head to Head

11 decided of 12

Comcast leads on 6 of the 12 questions below (Comcast 6, Warner Bros. Discovery 3, Nexstar Media 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWBDCMCSANXSTLeader
Larger companyMarket capitalisation $77.70B $78.42B $5.04B CMCSA
Cheaper on earningsLower P/E, profitable companies only -24.6x 6.9x 26.8x CMCSA
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 6.7x 5.1x NXST
Faster revenue growthRevenue growth, trailing twelve months -6.1% -0.2% +10.5% NXST
More profitableNet margin, trailing twelve months -8.8% 9.2% 3.2% CMCSA
Better return on capitalReturn on invested capital -1.6% 7.8% 5.8% CMCSA
Less leveragedLower net debt / EBITDA 7.5x 2.4x 8.3x CMCSA
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.04% –
Better 1-year returnPrice return, last 12 months +62.4% -22.6% -12.5% WBD
Better 5-year returnAnnualised price return, 5 years +3.2%/yr -16.0%/yr +2.0%/yr WBD
Less volatileAnnualised volatility, 1 year 26.7% 34.1% 36.6% WBD
Higher overall scoreMean of the five percentile scores vs peers 31/100 66/100 50/100 CMCSA

Percentile Scorecard

WBDCMCSANXST

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisWBDCMCSANXST
Valuation 23 #42 of 54 94 #4 of 49 68 #18 of 54
Growth 25 #34 of 45 22 #36 of 46 30 #32 of 45
Profitability 36 #28 of 43 67 #16 of 46 74 #12 of 43
Financial Health 41 #37 of 62 61 #20 of 50 36 #40 of 62
Shareholder Returns – 86 #6 of 36 44 #15 of 26
Overall 31 66 50
  • WBD ranked among 63 companies in Advertising and Media
  • CMCSA ranked among 51 companies in Telecommunications
  • NXST ranked among 63 companies in Advertising and Media

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodWBDCMCSANXSTSPY
1 month +9.7%+0.6%+1.1% -1.0%
3 months +18.6%+1.7%-8.7% +2.9%
6 months +13.2%-17.7%-17.9% +6.4%
Year to date +7.5%-24.1%-17.6% +11.4%
1 year +62.4%-22.6%-12.5% +13.1%
3 years +201.4%-47.8%+18.9% +79.4%
3 years, per year +44.5%-19.5%+5.9% +21.5%
5 years +17.1%-58.2%+10.4% +67.7%
5 years, per year +3.2%-16.0%+2.0% +10.9%
10 years +11.3%-29.2%+221.9% +255.2%
10 years, per year +1.1%-3.4%+12.4% +13.5%

Risk

MeasureWBDCMCSANXSTSPY
Volatility, 1Y 26.7%34.1%36.6% 12.7%
Downside volatility, 1Y 18.6%39.9%37.7% 12.7%
Beta vs S&P 500, 1Y 0.500.040.44 1.00
Return / volatility, 1Y 2.34-0.66-0.34 1.03
Max drawdown, 5Y -78.5%-61.9%-39.0% -25.4%
From 52-week high 0.0%-30.1%-34.0% -2.5%
52-week high $30.98$32.48$253.64 $779.14
52-week low $17.10$20.66$154.70 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleWBDCMCSANXST
P/E now vs peer median -24.6xmedian 18.8x 7.1xmedian 11.6x 27.3xmedian 18.8x
P/S now vs peer median 2.2xmedian 0.7x 0.7xmedian 1.1x 0.9xmedian 0.7x
EV/EBITDA now vs peer median 28.0xmedian 11.1x 4.8xmedian 6.9x 12.0xmedian 11.1x
P/FCF now vs peer median 35.6xmedian 9.4x 4.1xmedian 5.6x 6.9xmedian 9.4x
P/B now vs peer median 2.3xmedian 1.6x 0.9xmedian 1.3x 2.3xmedian 1.6x
PEG now vs peer median -1.04median 0.44 -1.55median 0.24 -0.85median 0.44

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsWBDCMCSANXST
Revenue $36.12B $123.01B $5.88B
Gross profit $17.06B – $3.21B
Operating income -$1.27B $18.10B $1.04B
Net income -$3.15B $11.32B $168.00M
Free cash flow $2.18B $19.67B $743.00M
EPS (diluted) $-1.23 $3.18 $6.08
Cash & equivalents $3.37B $7.60B $218.00M
Total debt $32.02B $87.40B $36.59B
Shares (diluted) 2.58B 3.56B 30.91M
Enterprise value $63.36B $44.21B $3.87B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricWBDCMCSANXST
P/E -24.6x 7.1x 27.3x
P/FCF 35.6x 4.1x 6.9x
P/Operating cash flow 22.7x 2.5x 5.8x
P/S 2.2x 0.7x 0.9x
P/B 2.3x 0.9x 2.3x
P/Tangible book 9.6x 2.4x -1.8x
EV/EBITDA 28.0x 4.8x 12.0x
EV/EBIT -83.6x 8.8x 16.0x
EV/Revenue 2.9x 1.3x 2.8x
EV/FCF 48.8x 8.1x 22.5x
EV/Operating cash flow 31.1x 5.0x 18.7x
PEG (3Y EPS CAGR) -1.04 -1.55 -0.85

Growth

14 metrics
MetricWBDCMCSANXST
Revenue growth (1Y) -6.1% -0.2% 10.5%
Revenue CAGR (3Y) -4.8% 0.6% 3.8%
Gross profit growth (1Y) 2.6% – 4.0%
Gross profit CAGR (3Y) 2.2% – 0.5%
Operating income growth (1Y) -675.6% -18.4% -11.9%
Operating income CAGR (3Y) 38.8% -8.1% 0.4%
Net income growth (1Y) -595.1% -49.9% -71.9%
Net income CAGR (3Y) 22.3% -9.3% -35.6%
EPS growth (1Y) -500.2% -48.2% -70.7%
EPS CAGR (3Y) 23.6% -4.6% -31.9%
Operating cash flow growth (1Y) -32.9% -3.5% -35.3%
Operating cash flow CAGR (3Y) -7.7% 3.7% -11.1%
Free cash flow growth (1Y) -46.4% -6.2% -40.7%
Free cash flow CAGR (3Y) -10.9% 7.2% -12.3%

Profitability

14 metrics
MetricWBDCMCSANXST
Gross margin 47.2% – 54.6%
EBITDA margin 10.5% 27.3% 23.7%
Operating margin -3.5% 14.7% 17.8%
Pretax margin -10.4% 11.3% 3.6%
Net margin -8.8% 9.2% 3.2%
FCF margin 6.0% 16.0% 12.6%
Operating cash flow margin 9.5% 25.8% 15.2%
Return on equity -9.3% 11.9% 8.3%
Return on assets -3.2% 4.2% 1.0%
Return on invested capital -1.6% 7.8% 5.8%
Return on capital employed -1.6% 8.0% 6.3%
Asset turnover 0.4x 0.5x 0.3x
Cash conversion (OCF / net income) -1.1x 2.8x 5.3x
Stock comp / revenue 2.3% 1.1% 1.7%

Financial Health

11 metrics
MetricWBDCMCSANXST
Debt / assets 32.9% 33.9% 66.3%
Debt / equity 0.9x 0.9x 5.2x
Net debt / EBITDA 7.5x 2.4x 8.3x
Debt / FCF 14.7x 4.4x 15.8x
Liabilities / assets 65.0% 64.1% 87.2%
Equity / assets 35.0% 35.9% 12.8%
Interest coverage -0.6x 4.3x 2.1x
Current ratio 0.8x 0.8x 1.6x
Quick ratio 0.5x 0.7x 1.4x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 0.82 1.31 1.07

Shareholder Returns

7 metrics
MetricWBDCMCSANXST
Dividend yield – 5.8% 4.4%
Net buyback yield – 5.0% –
Shareholder yield 0.0% 10.9% 4.4%
Payout ratio (earnings) – – 134.5%
Payout ratio (FCF) – – 30.4%
Dividend growth (1Y) – – 2.7%
Dividend CAGR (3Y) – – 10.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusWBDCMCSANXST
Forward P/E – 6.7xFY2026 5.1xFY2026
EPS, next fiscal year $-1.08FY2026 $3.39FY2026 $32.91FY2026
EPS growth, next FY -472.4%FY2026 -21.3%FY2026 +997.0%FY2026
EPS growth, the year after – +11.8% -45.6%
Revenue, next fiscal year $34.48BFY2026 $114.87BFY2026 $8.32BFY2026
Revenue growth, next FY -7.6%FY2026 -7.1%FY2026 +68.2%FY2026
Revenue growth, the year after +11.6% +4.8% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWBDCMCSANXST
Held by institutions 77.8% 88.0% 100.0%
Institutions holding 1,319 1,884 486
Change in shares held, QoQ +10.9% +2.7% +4.0%
Institutions buying 628 832 220
Institutions selling 436 858 181
Buyers to sellers 1.44 0.97 1.22

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

WBDCMCSANXST
WBD 1.00 0.02 0.15
CMCSA 0.02 1.00 0.24
NXST 0.15 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, WBD, CMCSA and NXST?

Comcast (CMCSA) is the largest by market capitalisation: Warner Bros. Discovery (WBD) $77.70B, Comcast (CMCSA) $78.42B, Nexstar Media (NXST) $5.04B.

Which stock is cheaper, WBD, CMCSA and NXST?

Comcast (CMCSA) trades on the lowest price-to-earnings ratio (Warner Bros. Discovery (WBD) -24.6x, Comcast (CMCSA) 6.9x, Nexstar Media (NXST) 26.8x). On next year's consensus earnings, Nexstar Media (NXST) is cheapest (Comcast (CMCSA) 6.7x, Nexstar Media (NXST) 5.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nexstar Media (NXST) grew revenue fastest over the trailing twelve months: Warner Bros. Discovery (WBD) -6.1%, Comcast (CMCSA) -0.2%, Nexstar Media (NXST) +10.5%.

Which company is more profitable?

Comcast (CMCSA) has the highest net margin (Warner Bros. Discovery (WBD) -8.8%, Comcast (CMCSA) 9.2%, Nexstar Media (NXST) 3.2%). On return on invested capital, Comcast (CMCSA) leads (Warner Bros. Discovery (WBD) -1.6%, Comcast (CMCSA) 7.8%, Nexstar Media (NXST) 5.8%).

Which stock has performed better?

Over the past year Warner Bros. Discovery (WBD) returned the most: Warner Bros. Discovery (WBD) +62.4%, Comcast (CMCSA) -22.6%, Nexstar Media (NXST) -12.5%. Over five years, Warner Bros. Discovery (WBD) compounded fastest (Warner Bros. Discovery (WBD) +3.2%/yr, Comcast (CMCSA) -16.0%/yr, Nexstar Media (NXST) +2.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Warner Bros. Discovery (WBD) 0.00%, Comcast (CMCSA) 0.00%, Nexstar Media (NXST) 0.04%. Warner Bros. Discovery (WBD) and Comcast (CMCSA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Warner Bros. Discovery (WBD) has been the steadiest (Warner Bros. Discovery (WBD) 26.7%, Comcast (CMCSA) 34.1%, Nexstar Media (NXST) 36.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WBD, CMCSA and NXST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Comcast (CMCSA) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.