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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) Net Margin (2016 - 2026)

Warner Bros. Discovery filings provide 16 years of Net Margin readings, the most recent being 2.61% for Q4 2025.

  • On a quarterly basis, Net Margin rose 377.0% to 2.61% in Q4 2025 year-over-year; TTM through Dec 2025 was 2.01%, a 3121.0% increase, with the full-year FY2025 number at 2.01%, up 3121.0% from a year prior.
  • Net Margin hit 2.61% in Q4 2025 for Warner Bros. Discovery, down from 1.58% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 23.45% in Q2 2021 to a low of 103.24% in Q2 2024.
  • Median Net Margin over the past 5 years was 3.95% (2023), compared with a mean of 8.14%.
  • Biggest five-year swings in Net Margin: tumbled -9146bps in 2024 and later skyrocketed 11943bps in 2025.
  • Warner Bros. Discovery's Net Margin stood at 2.86% in 2021, then crashed by -761bps to 18.89% in 2022, then soared by 80bps to 3.81% in 2023, then tumbled by -67bps to 6.38% in 2024, then soared by 59bps to 2.61% in 2025.
  • The last three reported values for Net Margin were 2.61% (Q4 2025), 1.58% (Q3 2025), and 16.18% (Q2 2025) per Business Quant data.