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Warner Bros. Discovery (WBD) Invested Capital (2016 - 2026)

Warner Bros. Discovery filings provide 17 years of Invested Capital readings, the most recent being $69.7 billion for Q4 2025.

  • On a quarterly basis, Invested Capital fell 6.22% to $69.7 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $69.7 billion, a 6.22% decrease, with the full-year FY2025 number at $69.7 billion, down 6.22% from a year prior.
  • Invested Capital hit $69.7 billion in Q4 2025 for Warner Bros. Discovery, down from $70.8 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $105.1 billion in Q2 2022 to a low of $27.2 billion in Q1 2021.
  • Median Invested Capital over the past 5 years was $75.3 billion (2024), compared with a mean of $70.6 billion.
  • Biggest five-year swings in Invested Capital: surged 275.4% in 2022 and later fell 18.67% in 2024.
  • Warner Bros. Discovery's Invested Capital stood at $27.8 billion in 2021, then skyrocketed by 250.27% to $97.3 billion in 2022, then fell by 7.57% to $90.0 billion in 2023, then dropped by 17.38% to $74.3 billion in 2024, then fell by 6.22% to $69.7 billion in 2025.
  • The last three reported values for Invested Capital were $69.7 billion (Q4 2025), $70.8 billion (Q3 2025), and $72.0 billion (Q2 2025) per Business Quant data.