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

Warner Bros. Discovery (WBD) reported Debt Ratio of 0.33 for Q1 2026, down 9.85% on a YoY basis from 0.37 in Q1 2025, and up 1.98% quarter-over-quarter from 0.33 in Q4 2025.

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

Warner Bros. Discovery has reported Debt Ratio for 18 years, with the latest figure at 0.33 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 9.85% year-over-year to 0.33; the trailing twelve-month figure through Mar 2026 stood at 0.33 (down 9.85% YoY), and the FY2025 full-year result was 0.33, down 13.88% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.33, up from 0.33 in the prior quarter.
  • The five-year high for Debt Ratio was 0.43 in Q1 2022, with the low at 0.33 in Q4 2025.
  • Historically, Debt Ratio has averaged 0.36 across 5 years, with a median of 0.37 in 2022.
  • Annual changes were most pronounced in 2022 — Debt Ratio declined 15.22% — and 2024, when it gained 6.21%.
  • Warner Bros. Discovery's Debt Ratio stood at 0.37 in 2022, then decreased by 2.71% to 0.36 in 2023, then gained by 6.21% to 0.38 in 2024, then slipped by 13.88% to 0.33 in 2025, then climbed by 1.98% to 0.33 in 2026.
  • The last three Debt Ratio figures came in at 0.33 (Q1 2026), 0.33 (Q4 2025), and 0.33 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 0.24
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 0.23
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 0.33
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 0.33
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 0.32
7 Fox 20.41 Bn 16.92 Bn - 0.30
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn -
9 News 15.92 Bn 14.45 Bn - 0.13
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 0.29

Historic Data

Download Data
DateValue
Mar 31, 2026 0.33
Dec 31, 2025 0.33
Sep 30, 2025 0.33
Jun 30, 2025 0.34
Mar 31, 2025 0.37
Dec 31, 2024 0.38
Sep 30, 2024 0.38
Jun 30, 2024 0.38
Mar 31, 2024 0.36
Dec 31, 2023 0.36
Sep 30, 2023 0.36
Jun 30, 2023 0.37
Mar 31, 2023 0.37
Dec 31, 2022 0.37
Sep 30, 2022 0.37
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