Warner Bros. Discovery (WBD) Debt to Equity (2009 - 2026)
Warner Bros. Discovery (WBD) reported Debt to Equity of $0.96 for Q1 2026, down 9.54% on a YoY basis from $1.06 in Q1 2025, and up 6.23% quarter-over-quarter from $0.91 in Q4 2025.
Warner Bros. Discovery (WBD) Debt to Equity (2009 - 2026) Analysis & Trends
Warner Bros. Discovery has reported Debt to Equity for 18 years, with the latest figure 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.
- The five-year high for Debt to Equity was $1.16 in Q2 2024, with the low at $0.9 in Q3 2025.
- Historically, Debt to Equity has averaged $1.01 across 5 years, with a median of $1.0 in 2022.
- Annual changes were most pronounced in 2024 — Debt to Equity advanced 20.28% — and 2025, when it decreased 20.06%.
- Warner Bros. Discovery's Debt to Equity stood at $1.01 in 2022, then dropped by 6.95% to $0.94 in 2023, then increased by 20.28% to $1.13 in 2024, then declined by 20.06% to $0.91 in 2025, then climbed 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 0.46 |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 0.41 |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 0.96 |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | -61.05 |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 0.65 |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 0.60 |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | - |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 0.21 |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn | 0.55 |
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 |