Warner Bros. Discovery, Inc. WBD
- Market cap
- $77.3B
- P/E
- 0.0×
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Warner Bros. Discovery, Inc. (WBD) EV/EBITDA
As of 25 September 2026, Warner Bros. Discovery, Inc. (WBD) trades at a EV/EBITDA of 7.6×. Over the past ten years it has ranged from 2.4× (June 2022) to 9.2× (August 2022); the current reading is higher than 97% of that period. That is below the Entertainment industry median of 9.7× and below the Communication Services sector median of 8.5×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 5.4× | (0.95%) |
| FY2024 | 5.5× | 80.47% |
| FY2023 | 3.0× | (33.33%) |
| FY2022 | 4.6× | 31.03% |
| FY2021 | 3.5× | (24.14%) |
| FY2020 | 4.6× | 8.34% |
| FY2019 | 4.2× | (0.33%) |
| FY2018 | 4.2× | 11.22% |
| FY2017 | 3.8× | (15.77%) |
| FY2016 | 4.5× | (3.29%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 6.9× | 4.84% |
| Mar 2026 | 6.6× | 20.75% |
| Dec 2025 | 5.4× | 31.05% |
| Sep 2025 | 4.1× | 40.32% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| FOX Fox Corporation compare | 7.0× |
| WBD Warner Bros. Discovery, Inc. | 7.6× |
| FOXA Fox Corporation compare | 7.7× |
| TKO TKO Group Holdings, Inc. compare | 10.9× |
| DIS The Walt Disney Company compare | 11.0× |
| LYV Live Nation Entertainment, Inc. compare | 24.9× |
| ROKU Roku, Inc. compare | 33.7× |
| FWONA Liberty Media Corporation - Liberty Formula One Series A compare | 38.6× |
| FWONK Liberty Media Corporation - Liberty Formula One Series C compare | 42.0× |
| Entertainment industry median | 9.7× |
| Communication Services sector median | 8.5× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on WBD
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement