Warner Bros. Discovery (WBD) EV to FCF (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly EV to FCF came in at 113.03 in Q2 2026, up 220.59% on a YoY basis from 35.26 in Q2 2025, and up 180.65% quarter-over-quarter from 140.14 in Q1 2026.
Analysis
Warner Bros. Discovery (WBD) EV to FCF (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has reported EV to FCF for 18 consecutive years, with 113.03 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 220.59% year-over-year to 113.03; the trailing twelve-month figure through Jun 2026 stood at 29.66 (up 387.1% YoY), and the FY2025 full-year result was 22.06, up 356.05% from the prior year.
- EV to FCF rose to 113.03 in Q2 2026 per WBD's latest filing, from 140.14 in the prior quarter.
- Across five years, EV to FCF topped out at 113.03 in Q2 2026 and bottomed at 140.14 in Q1 2026.
- Historically, EV to FCF has averaged 14.36 across 5 years, with a median of 22.41 in 2023.
- The sharpest annual moves came in 2022 and 2025: EV to FCF sank 508.8% in 2022, then jumped 458.71% in 2025.
- Over 5 years, EV to FCF stood at 6.03 in 2022, then climbed by 20.86% to 7.29 in 2023, then climbed by 20.9% to 8.82 in 2024, then soared by 458.71% to 49.27 in 2025, then soared by 129.42% to 113.03 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 113.03, 140.14, and 49.27 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 113.03 |
| Mar 31, 2026 | -140.14 |
| Dec 31, 2025 | 49.27 |
| Sep 30, 2025 | 64.69 |
| Jun 30, 2025 | 35.26 |
| Mar 31, 2025 | 79.40 |
| Dec 31, 2024 | 8.82 |
| Sep 30, 2024 | 28.24 |
| Jun 30, 2024 | 15.96 |
| Mar 31, 2024 | 49.66 |
| Dec 31, 2023 | 7.29 |
| Sep 30, 2023 | 12.23 |
| Jun 30, 2023 | 16.59 |
| Mar 31, 2023 | -37.88 |
| Dec 31, 2022 | 6.03 |
| Sep 30, 2022 | -139.32 |
| Jun 30, 2022 | 39.59 |
| Mar 31, 2022 | 49.68 |
| Dec 31, 2021 | 25.89 |
| Sep 30, 2021 | 34.08 |