Stock Analysis
Warner Bros. Discovery, Inc. Series A Common StockWBD
Sector: Communication Services · Industry: Cable & Other Pay Television Services
AnalystsHold25 analystsCash covers 14% of debt · FY 2025.
PMP Verdict
Weak fundamentals, expensive
Risks
- Valuation45
- Profitability0
Weak fundamentals at a demanding price.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Revenue CAGR 32.3% — durable top-line growth
What's happening with WBD
Profile
profitability, growth, financial health, moat and valuation lag behind.
How is each axis scored?
- Valuation45/100 · Weak
- P/E vs own history (n/a)10/25
- FCF yield (2.8%)5/25
- P/S (2.1x)20/25
- EV/EBIT (n/a)10/25
- Growth25/100 · Weak
- Revenue CAGR (32.3%)25/25
- Net income CAGR (-7.8%)0/25
- EPS CAGR 5Y (-34.0%)0/25
- Fwd implied growth (n/a)0/25
- Profitability0/100 · Weak
- ROIC (-0.4%)0/25
- ROE (-8.8%)0/25
- Net margin (-8.8%)0/25
- Operating margin (-0.9%)0/25
- Financial Health27/100 · Weak
- Altman Z (1.02)3/25
- Current ratio (1.06)12/25
- Interest coverage (-0.5x)0/25
- Net cash / debt (D/A 28%)12/25
- Quality53/100 · Moderate
- Piotroski F (7/9)22/25
- Beneish M (-3.04)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 18.5%)6/25
- Moat31/100 · Weak
- ROIC >12% years (1/10 yrs)0/25
- Median gross margin (20.0%)6/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst -28.8%)0/25
Risk Flags
- ⚠Altman Z 1.0 — distress-zone balance sheet
- ⚠4 loss-making years in recent history
- ⚠Interest coverage -0.5× — thin debt cushion
About Warner Bros. Discovery, Inc. Series A Common Stock
Warner Bros. Show more
Discovery operates in three segments: streaming, studios, and linear networks. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.
Headquarters: NEW YORK, NY · Employees: 35,500 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
45D+P/E (TTM)—
Price / TTM EPS (own statements)
P/FCF29.2xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.8%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 4Y history: 2.8%–45.6% · lowest in history
P/S (TTM)2.15xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 4Y history: 0.4x–2.8x · 99th pct
EV/EBITDA28.7xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 4Y history: 14.1x–189.6x · 44th pct
EV/Sales2.9xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E—
Price / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.16xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
0EROIC-0.4%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE-8.8%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA-3.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin-8.8%D
Grade D: LowNet Income / Revenue
Operating Margin-0.9%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin-3.5%D
Grade D: LowGross Profit / Revenue
FCF Margin6.0%D
Grade D: LowFCF / Revenue
True FCF Margin3.8%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
25ERevenue CAGR32.3%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-7.8%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-34.0%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+276.4%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue2.3%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
27EAltman Z-Score1.02D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.06xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.52xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-0.5xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment12.8yD
Grade D: SlowYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.91xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.14xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
53CPiotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-3.04A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability18.5%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue3.4%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.37xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Girdwood Amy Filed | Girdwood Amy | SellDisposition | -195494 | |
Girdwood Amy Filed | Girdwood Amy | Grant / award | +195.5K | |
Girdwood Amy Filed | Girdwood Amy | SellDisposition | -539374 | |
Aiyar Priya Filed | Aiyar Priya | SellDisposition | -156827 | |
Aiyar Priya Filed | Aiyar Priya | SellDisposition | -948656 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Aiyar Priya Filed | Aiyar Priya | Grant / award | +948.7K | |
Aiyar Priya Filed | Aiyar Priya | SellDisposition | -897844 | |
Wiedenfels Gunnar Filed | Wiedenfels Gunnar | SellDisposition | -250924 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
31DROIC >12% Years1/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)20.0%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-28.8%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$1.34
Cash & short-term investments per share (Finnhub)
Book Value / Share$13.09
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$32.57B
Total debt obligations (short + long term)
Cash & Equiv.$4.57B
Cash and short-term investments
Net Debt$28.00B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$35.92B
Shareholders' equity (book value)
Asset / Liability1.59xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$77.60B
Current Market Capitalization
Beta1.64C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Warner Bros. Discovery, Inc. Series A Common Stock (WBD)
Warner Bros. Discovery, Inc. Series A Common Stock meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 1.02 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -3.04 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 32% annually — a strong growth profile.
- Takes ~12.8 years to repay net debt from free cash flow.
- Interest coverage of -0.5× leaves little room for earnings shocks.
- Warner Bros. Discovery, Inc. Series A Common Stock posted a net loss in 4 of 10 available completed fiscal years (2016–2025).
See how WBD ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all WBD moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 21 | Pre-market | 29.78 | +7.12% | 11.09 |
| Sep 21 | Regular | 30.81 | +10.83% | 16.48 |
| Sep 21 | After-hours | 30.80 | +10.79% | 16.43 |
| Sep 18 | Regular | 27.80 | -1.58% | -2.66 |
| Sep 18 | After-hours | 30.02 | +7.99% | 12.82 |
Frequently Asked Questions about WBD
What is the current Warner Bros. Discovery, Inc. Series A Common Stock (WBD) stock price?
WBD is trading at $30.95 at the last market close, up 0.03% on the session. PreMarketPrice tracks WBD pre-market, intraday and after-hours prices.
Is WBD stock a buy right now?
PreMarketPrice's quantitative model rates Warner Bros. Discovery, Inc. Series A Common Stock's financial health at 27/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is WBD stock overvalued?
Warner Bros. Discovery, Inc. Series A Common Stock trades at a trailing P/E of n/a and our valuation score rates it 45/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Warner Bros. Discovery, Inc. Series A Common Stock report earnings?
No confirmed earnings date is currently scheduled for WBD. The Earnings section lists recent reports and updates as dates are announced.
What sector does Warner Bros. Discovery, Inc. Series A Common Stock operate in?
Warner Bros. Discovery, Inc. Series A Common Stock operates in the Communication Services sector, within the Cable & Other Pay Television Services industry. The Related Stocks section lists sector peers for comparison.
What does Warner Bros. Discovery, Inc. Series A Common Stock do?
Warner Bros.
About Warner Bros. Discovery, Inc. Series A Common Stock (WBD) Stock
Warner Bros. Discovery, Inc. Series A Common Stock (WBD) is a US-listed stock operating in the Communication Services sector, specifically the Cable & Other Pay Television Services industry. As of the latest update, Warner Bros. Discovery, Inc. Series A Common Stock is trading at $30.95, up 0.03% on the day with a market capitalization of $77.6 billion. The financial health score for WBD is 27/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for WBD stock.
WBD Stock Analysis & Key Metrics
On PreMarketPrice, you can track Warner Bros. Discovery, Inc. Series A Common Stock (WBD) across multiple dimensions:
- Pre-market price & movement: Real-time WBD stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for WBD with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Warner Bros. Discovery, Inc. Series A Common Stock across multiple reporting periods.
- Financial health score: A composite score of 27/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for WBD.
- Sector peers: Compare WBD against 6 other communication services stocks on key financial metrics.
Is WBD a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Warner Bros. Discovery, Inc. Series A Common Stock (WBD) as an investment. The financial health score of 27/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Warner Bros. Discovery, Inc. Series A Common Stock (WBD) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.