Warner Bros. Discovery (WBD) FCF Payout Ratio (2009 - 2026)

Warner Bros. Discovery (WBD) posted FCF Payout Ratio of 0.27 for Q1 2026, down 3848.05% on a QoQ basis from 0.01 in Q4 2025, and down 152.13% year-over-year from 0.52 in Q1 2025.

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

Warner Bros. Discovery's FCF Payout Ratio history runs 15 years deep, the most recent figure standing at 0.27 for Q1 2026.

  • Quarterly FCF Payout Ratio fell 152.13% year-over-year to 0.27 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.07 (up 45.15% YoY) and the FY2025 annual result came in at 0.06, up 47.08% from the prior year.
  • FCF Payout Ratio was 0.27 for Q1 2026 at Warner Bros. Discovery, down from 0.01 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 0.94 in Q1 2022 and bottomed at 0.27 in Q1 2026.
  • A 5-year average of 0.08 and a median of 0.02 in 2024 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2022 — FCF Payout Ratio plunged 548.78% — and 2024, when it jumped 230.8%.
  • Warner Bros. Discovery's FCF Payout Ratio stood at 0.01 in 2022, then climbed by 1.77% to 0.01 in 2023, then soared by 50.61% to 0.01 in 2024, then declined by 16.37% to 0.01 in 2025, then plunged by 3848.05% to 0.27 in 2026.
  • Business Quant data shows WBD's FCF Payout Ratio at 0.27 in Q1 2026, 0.01 in Q4 2025, and 0.02 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn -
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn -
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -0.27
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 0.02
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn -
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn -
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 0.09
8 Fox 20.85 Bn 17.36 Bn - 0.07
9 News 16.48 Bn 15.01 Bn - 0.11
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 0.55

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.27
Dec 31, 2025 0.01
Sep 30, 2025 0.02
Jun 30, 2025 0.02
Mar 31, 2025 0.52
Dec 31, 2024 0.01
Sep 30, 2024 0.02
Jun 30, 2024 0.03
Mar 31, 2024 0.33
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Jun 30, 2023 0.02
Mar 31, 2023 -0.25
Dec 31, 2022 0.01
Sep 30, 2022 -0.11
Jun 30, 2022 0.05
Mar 31, 2022 0.94
Dec 31, 2021 0.03
Sep 30, 2021 0.03
Jun 30, 2021 0.04