Warner Bros. Discovery (WBD) Debt Ratio (2009 - 2026)

Warner Bros. Discovery (WBD) posted Debt Ratio of 0.35 for Q1 2026, up 6.67% on a QoQ basis from 0.33 in Q4 2025, and down 5.7% year-over-year from 0.37 in Q1 2025.

Warner Bros. Discovery (WBD) Debt Ratio (2009 - 2026) Analysis & Trends

Warner Bros. Discovery's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.35 for Q1 2026.

  • Quarterly Debt Ratio fell 5.7% year-over-year to 0.35 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.35 (down 5.7% YoY) and the FY2025 annual result came in at 0.33, down 19.48% from the prior year.
  • Debt Ratio was 0.35 for Q1 2026 at Warner Bros. Discovery, up from 0.33 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.43 in Q1 2022 and bottomed at 0.33 in Q4 2025.
  • A 5-year average of 0.37 and a median of 0.37 in 2023 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2024 — Debt Ratio gained 9.18% — and 2025, when it slipped 19.48%.
  • Warner Bros. Discovery's Debt Ratio stood at 0.37 in 2022, then advanced by 1.25% to 0.37 in 2023, then gained by 9.15% to 0.4 in 2024, then dropped by 19.48% to 0.33 in 2025, then grew by 6.67% to 0.35 in 2026.
  • Business Quant data shows WBD's Debt Ratio at 0.35 in Q1 2026, 0.33 in Q4 2025, and 0.33 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 0.24
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 0.23
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 0.35
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 0.33
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 0.32
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn -
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 0.29
8 Fox 20.85 Bn 17.36 Bn - 0.30
9 News 16.48 Bn 15.01 Bn - 0.13
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 0.36

Historic Data

Download Data
DateValue
Mar 31, 2026 0.35
Dec 31, 2025 0.33
Sep 30, 2025 0.33
Jun 30, 2025 0.34
Mar 31, 2025 0.37
Dec 31, 2024 0.40
Sep 30, 2024 0.41
Jun 30, 2024 0.38
Mar 31, 2024 0.38
Dec 31, 2023 0.37
Sep 30, 2023 0.37
Jun 30, 2023 0.39
Mar 31, 2023 0.37
Dec 31, 2022 0.37
Sep 30, 2022 0.38
Jun 30, 2022 0.37
Mar 31, 2022 0.43
Dec 31, 2021 0.43
Sep 30, 2021 0.43
Jun 30, 2021 0.44