Warner Bros. Discovery (WBD) Return on Capital Employed (2009 - 2026)

Warner Bros. Discovery (WBD) posted Return on Capital Employed of 2.04% for Q1 2026, down 343.27% on a QoQ basis from 0.84% in Q4 2025, and up 911.0% year-over-year from 0.2% in Q1 2025.

Warner Bros. Discovery (WBD) Return on Capital Employed (2009 - 2026) Analysis & Trends

Warner Bros. Discovery's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 2.04% for Q1 2026.

  • Quarterly Return on Capital Employed rose 911.0% year-over-year to 2.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.04% (up 911.0% YoY) and the FY2025 annual result came in at 0.82%, up 1107.0% from the prior year.
  • Return on Capital Employed was 2.04% for Q1 2026 at Warner Bros. Discovery, down from 0.84% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 6.44% in Q1 2022 and bottomed at 11.34% in Q3 2024.
  • A 5-year average of 4.1% and a median of 3.33% in 2022 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed slumped 1359 bps — and 2025, when it jumped 1203 bps.
  • Warner Bros. Discovery's Return on Capital Employed stood at 6.14% in 2022, then jumped by 77 bps to 1.43% in 2023, then slumped by 680 bps to 11.19% in 2024, then soared by 108 bps to 0.84% in 2025, then tumbled by 343 bps to 2.04% in 2026.
  • Business Quant data shows WBD's Return on Capital Employed at 2.04% in Q1 2026, 0.84% in Q4 2025, and 0.62% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 30.16%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 13.42%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -2.04%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 8.44%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 4.99%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 3.21%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 5.95%
8 Fox 20.85 Bn 17.36 Bn - 14.30%
9 News 16.48 Bn 15.01 Bn - 7.85%
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 6.21%

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.04%
Dec 31, 2025 0.84%
Sep 30, 2025 0.62%
Jun 30, 2025 0.25%
Mar 31, 2025 -11.16%
Dec 31, 2024 -11.19%
Sep 30, 2024 -11.34%
Jun 30, 2024 -10.98%
Mar 31, 2024 -1.21%
Dec 31, 2023 -1.43%
Sep 30, 2023 -2.92%
Jun 30, 2023 -4.92%
Mar 31, 2023 -7.14%
Dec 31, 2022 -6.14%
Sep 30, 2022 -3.99%
Jun 30, 2022 -3.33%
Mar 31, 2022 6.44%
Dec 31, 2021 6.51%
Sep 30, 2021 6.40%
Jun 30, 2021 7.19%