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| Date | Value |
|---|---|
| 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 |