Warner Bros. Discovery (WBD) Debt Ratio (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Debt Ratio came in at 0.34 in Q2 2026, up 0.59% on a YoY basis from 0.34 in Q2 2025, and down 0.71% quarter-over-quarter from 0.35 in Q1 2026.
Analysis
Warner Bros. Discovery (WBD) Debt Ratio (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported Debt Ratio for 18 consecutive years, with 0.34 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 0.59% year-over-year to 0.34; the trailing twelve-month figure through Jun 2026 stood at 0.34 (up 0.59% YoY), and the FY2025 full-year result was 0.33, down 19.13% from the prior year.
- Debt Ratio retreated to 0.34 in Q2 2026 per WBD's latest filing, from 0.35 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.45 in Q1 2022 and bottomed at 0.33 in Q4 2025.
- Historically, Debt Ratio has averaged 0.38 across 5 years, with a median of 0.38 in 2022.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio increased 9.18% in 2024, then decreased 19.13% in 2025.
- Over 5 years, Debt Ratio stood at 0.37 in 2022, then gained by 0.5% to 0.37 in 2023, then gained by 9.15% to 0.4 in 2024, then dropped by 19.13% to 0.33 in 2025, then advanced by 5.47% to 0.34 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.34, 0.35, and 0.33 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn | 0.34 |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - | 0.29 |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn | 0.32 |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn | 0.24 |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn | 0.66 |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn | 0.12 |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn | 0.45 |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn | 0.56 |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - | 0.35 |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn | 0.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.37 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.44 |