Warner Bros. Discovery (WBD) Debt to Equity (2009 - 2026)
Warner Bros. Discovery posted quarterly Debt to Equity of $0.96 for Q1 2026, down 9.54% year-on-year from $1.06 in Q1 2025, and up 6.23% on a QoQ basis from $0.91 in Q4 2025.
Warner Bros. Discovery (WBD) has 18 years of Debt to Equity data on file, last reported at $0.96 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 9.54% year-over-year to $0.96; the trailing twelve-month figure through Mar 2026 stood at $0.96 (down 9.54% YoY), and the FY2025 full-year result was $0.91, down 20.06% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.96, up from $0.91 in the prior quarter.
- Across five years, Debt to Equity topped out at $1.16 in Q2 2024 and bottomed at $0.9 in Q3 2025.
- The 5-year median for Debt to Equity is $1.0 (2022), against an average of $1.01.
- The widest annual swing landed in 2024, when Debt to Equity advanced 20.28%; it then decreased 20.06% in 2025.
- A 5-year view of Debt to Equity shows it stood at $1.01 in 2022, then declined by 6.95% to $0.94 in 2023, then rose by 20.28% to $1.13 in 2024, then fell by 20.06% to $0.91 in 2025, then grew by 6.23% to $0.96 in 2026.
- The last three Debt to Equity figures came in at $0.96 (Q1 2026), $0.91 (Q4 2025), and $0.9 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 0.46 |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 0.41 |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 0.96 |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -61.05 |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 0.60 |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 0.65 |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | - |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 0.21 |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 0.55 |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | 1.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.96 |
| Dec 31, 2025 | 0.91 |
| Sep 30, 2025 | 0.90 |
| Jun 30, 2025 | 0.93 |
| Mar 31, 2025 | 1.06 |
| Dec 31, 2024 | 1.13 |
| Sep 30, 2024 | 1.12 |
| Jun 30, 2024 | 1.16 |
| Mar 31, 2024 | 0.94 |
| Dec 31, 2023 | 0.94 |
| Sep 30, 2023 | 0.98 |
| Jun 30, 2023 | 1.02 |
| Mar 31, 2023 | 1.03 |
| Dec 31, 2022 | 1.01 |
| Sep 30, 2022 | 1.00 |
| Jun 30, 2022 | 1.00 |
| Mar 31, 2022 | 1.09 |
| Dec 31, 2021 | 1.13 |
| Sep 30, 2021 | 1.13 |
| Jun 30, 2021 | 1.16 |
| Mar 31, 2021 | 1.23 |
| Dec 31, 2020 | 1.28 |
| Sep 30, 2020 | 1.32 |
| Jun 30, 2020 | 1.35 |
| Mar 31, 2020 | 1.45 |
| Dec 31, 2019 | 1.34 |
| Sep 30, 2019 | 1.38 |
| Jun 30, 2019 | 1.47 |
| Mar 31, 2019 | 1.59 |
| Dec 31, 2018 | 1.66 |
| Sep 30, 2018 | 1.78 |
| Jun 30, 2018 | 1.90 |
| Mar 31, 2018 | 2.02 |
| Dec 31, 2017 | 3.21 |
| Sep 30, 2017 | -24.27 |
| Jun 30, 2017 | 550.87 |
| Mar 31, 2017 | 1.52 |
| Dec 31, 2016 | 1.53 |
| Sep 30, 2016 | 1.54 |
| Jun 30, 2016 | 1.49 |
| Mar 31, 2016 | 1.49 |
| Dec 31, 2015 | 1.42 |
| Sep 30, 2015 | 1.25 |
| Jun 30, 2015 | 1.31 |
| Mar 31, 2015 | 1.42 |
| Dec 31, 2014 | 1.27 |
| Sep 30, 2014 | 1.21 |
| Jun 30, 2014 | 1.17 |
| Mar 31, 2014 | 1.12 |
| Dec 31, 2013 | 1.05 |
| Sep 30, 2013 | 1.05 |
| Jun 30, 2013 | 1.03 |
| Mar 31, 2013 | 1.03 |
| Dec 31, 2012 | 0.83 |
| Sep 30, 2012 | 0.83 |
| Jun 30, 2012 | 0.81 |
| Mar 31, 2012 | 0.65 |
| Dec 31, 2011 | 0.65 |
| Sep 30, 2011 | 0.66 |
| Jun 30, 2011 | 0.65 |
| Mar 31, 2011 | 0.56 |
| Dec 31, 2010 | 0.58 |
| Sep 30, 2010 | 0.00 |
| Mar 31, 2010 | 0.55 |
| Dec 31, 2009 | 0.56 |
| Sep 30, 2009 | 0.58 |
| Jun 30, 2009 | 0.59 |