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

Warner Bros. Discovery (WBD) reported Equity Ratio of 0.34 for Q1 2026, little changed on a YoY basis from 0.35 in Q1 2025, and down 4.0% quarter-over-quarter from 0.36 in Q4 2025.

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

Warner Bros. Discovery has reported Equity Ratio for 18 years, with the latest figure at 0.34 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio changed 0.33% year-over-year to 0.34; the trailing twelve-month figure through Mar 2026 stood at 0.34 (changed 0.33% YoY), and the FY2025 full-year result was 0.36, up 7.74% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.34, down from 0.36 in the prior quarter.
  • The five-year high for Equity Ratio was 0.39 in Q1 2022, with the low at 0.33 in Q2 2024.
  • Historically, Equity Ratio has averaged 0.36 across 5 years, with a median of 0.36 in 2023.
  • Annual changes were most pronounced in 2024 — Equity Ratio fell 11.7% — and 2025, when it climbed 12.29%.
  • Warner Bros. Discovery's Equity Ratio stood at 0.36 in 2022, then increased by 4.55% to 0.38 in 2023, then slipped by 11.7% to 0.33 in 2024, then gained by 7.74% to 0.36 in 2025, then retreated by 4.0% to 0.34 in 2026.
  • The last three Equity Ratio figures came in at 0.34 (Q1 2026), 0.36 (Q4 2025), and 0.37 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 0.51
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 0.56
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 0.34
4 Brera Holdings 53.07 Bn 53.07 Bn - 0.86
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -0.01
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 0.49
7 Fox 20.41 Bn 16.92 Bn - 0.50
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 0.61
9 News 15.92 Bn 14.45 Bn - 0.60
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 0.53

Historic Data

Download Data
DateValue
Mar 31, 2026 0.34
Dec 31, 2025 0.36
Sep 30, 2025 0.37
Jun 30, 2025 0.37
Mar 31, 2025 0.35
Dec 31, 2024 0.33
Sep 30, 2024 0.34
Jun 30, 2024 0.33
Mar 31, 2024 0.38
Dec 31, 2023 0.38
Sep 30, 2023 0.37
Jun 30, 2023 0.36
Mar 31, 2023 0.36
Dec 31, 2022 0.36
Sep 30, 2022 0.37
Jun 30, 2022 0.37
Mar 31, 2022 0.39
Dec 31, 2021 0.38
Sep 30, 2021 0.38
Jun 30, 2021 0.37