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

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

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

Warner Bros. Discovery has reported Return on Capital Employed for 18 years, with the latest figure at 2.04% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 911.0% year-over-year to 2.04%; the trailing twelve-month figure through Mar 2026 stood at 2.04% (up 911.0% YoY), and the FY2025 full-year result was 0.82%, up 1107.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 2.04%, down from 0.84% in the prior quarter.
  • The five-year high for Return on Capital Employed was 6.44% in Q1 2022, with the low at 11.34% in Q3 2024.
  • Historically, Return on Capital Employed has averaged 4.1% across 5 years, with a median of 3.33% in 2022.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed tumbled 1359 bps — and 2025, when it jumped 1203 bps.
  • Warner Bros. Discovery's Return on Capital Employed 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 30.18%
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn -1.85%
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -2.04%
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 8.44%
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 4.99%
7 Fox 20.41 Bn 16.92 Bn - 12.17%
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 3.21%
9 News 15.92 Bn 14.45 Bn - 7.02%
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 6.90%

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%