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| Date | Value |
|---|---|
| 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% |