Warner Bros. Discovery (WBD) EV to FCF (2009 - 2026)
Warner Bros. Discovery's EV to FCF came in at 29.66 for Q2 2026, up 387.1% from 6.09 a year earlier and up 2.7% from the prior quarter.
Warner Bros. Discovery (WBD) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Warner Bros. Discovery reported EV to FCF of 24.10, up 700.6% year-over-year; for FY2025, it came in at 22.06, up 356.0% from FY2024.
- Going back by year, EV to FCF was 4.84 in FY2024 (+23.5%), 3.92 in FY2023 (-13.2%), 4.52 in FY2022 (-46.0%) and 8.37 in FY2021 (-30.9%).
- The Q2 2026 figure represents the highest quarterly EV to FCF since Q3 2014.
- Year-over-year, EV to FCF has increased for seven consecutive quarters, with growth averaging 207.9% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2026 (growth of 422.5%), and the weakest in Q1 2024 (a decline of 84.2%).
- Business Quant data shows WBD's EV to FCF at 28.88 (Q1 2026), 22.06 (Q4 2025) and 10.97 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn |
| 4 | News | 15.94 Bn | 8.14 Bn | - |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - |
| 10 | Wpp | 5.33 Bn | -6.48 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.66 |
| Mar 31, 2026 | 28.88 |
| Dec 31, 2025 | 22.06 |
| Sep 30, 2025 | 10.97 |
| Jun 30, 2025 | 6.09 |
| Mar 31, 2025 | 5.53 |
| Dec 31, 2024 | 4.84 |
| Sep 30, 2024 | 3.36 |
| Jun 30, 2024 | 2.31 |
| Mar 31, 2024 | 2.59 |
| Dec 31, 2023 | 3.92 |
| Sep 30, 2023 | 4.72 |
| Jun 30, 2023 | 9.27 |
| Mar 31, 2023 | 16.39 |
| Dec 31, 2022 | 4.52 |
| Sep 30, 2022 | 16.52 |
| Jun 30, 2022 | 12.42 |
| Mar 31, 2022 | 4.76 |
| Dec 31, 2021 | 8.37 |
| Sep 30, 2021 | 11.54 |
Warner Bros. Discovery EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=WBD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "WBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=WBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();