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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Warner Bros. Discovery (WBD) FCF Margin (2016 - 2026)

Warner Bros. Discovery filings provide 17 years of FCF Margin readings, the most recent being 14.62% for Q4 2025.

  • On a quarterly basis, FCF Margin fell 961.0% to 14.62% in Q4 2025 year-over-year; TTM through Dec 2025 was 8.28%, a 298.0% decrease, with the full-year FY2025 number at 8.28%, down 298.0% from a year prior.
  • FCF Margin hit 14.62% in Q4 2025 for Warner Bros. Discovery, up from 7.75% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 32.19% in Q4 2023 to a low of 8.69% in Q1 2023.
  • Median FCF Margin over the past 5 years was 9.04% (2024), compared with a mean of 12.63%.
  • Biggest five-year swings in FCF Margin: tumbled -2434bps in 2022 and later skyrocketed 2259bps in 2023.
  • Warner Bros. Discovery's FCF Margin stood at 24.6% in 2021, then decreased by -8bps to 22.55% in 2022, then soared by 43bps to 32.19% in 2023, then fell by -25bps to 24.22% in 2024, then crashed by -40bps to 14.62% in 2025.
  • The last three reported values for FCF Margin were 14.62% (Q4 2025), 7.75% (Q3 2025), and 7.15% (Q2 2025) per Business Quant data.