Warner Bros. Discovery (WBD) Return on Capital Employed (2009 - 2026)
Warner Bros. Discovery's (WBD) quarterly Return on Capital Employed came in at 2.04% in Q1 2026, up 911.0% YoY from 0.2% in Q1 2025, and down 343.27% on a QoQ basis from 0.84% in Q4 2025.
Warner Bros. Discovery (WBD) Return on Capital Employed (2009 - 2026) Analysis & Trends
Warner Bros. Discovery (WBD) has 18 years of Return on Capital Employed data on file, last reported at 2.04% in 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 slipped to 2.04% in Q1 2026, from 0.84% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 6.44% in Q1 2022 to a low of 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 tumbled 1359 bps — and 2025, when it jumped 1203 bps.
- Tracing WBD's Return on Capital Employed over 5 years: stood at 6.14% in 2022, then surged by 77 bps to 1.43% in 2023, then plunged by 680 bps to 11.19% in 2024, then jumped by 108 bps to 0.84% in 2025, then sank by 343 bps to 2.04% in 2026.
- The last three Return on Capital Employed figures came in at 2.04% (Q1 2026), 0.84% (Q4 2025), and 0.62% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 30.16% |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | -23.87% |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | -1.56% |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 8.38% |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 13.97% |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 3.63% |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 8.53% |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 9.20% |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 7.32% |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | -0.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.56% |
| 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% |