EBITDA for Warner Bros. Discovery (WBD)
According to Warner Bros. Discovery's latest reported financial statements, the company's current EBITDA (TTM) is $16.20B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$16.20B
YoY change
-18.9%
5Y CAGR
+7.1%
Peak year (2023)
$22.37B
Cumulative EBITDA
$114.14B
EBITDA history chart for Warner Bros. Discovery (WBD) from 2000 to 2025
EBITDA history table for Warner Bros. Discovery (WBD) from 2000 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $9.42B | -18.9% | ||
| 2024 | $11.61B | -48.1% | ||
| 2023 | $22.37B | +57.8% | ||
| 2022 | $14.17B | +98.2% | ||
| 2021 | $7.15B | +6.8% | ||
| 2020 | $6.69B | -6.7% | ||
| 2019 | $7.17B | +11.4% | ||
| 2018 | $6.44B | +149.7% | ||
| 2017 | $2.58B | -37.4% | ||
| 2016 | $4.12B | +4.9% | ||
| 2015 | $3.93B | -0.8% | ||
| 2014 | $3.96B | +12.9% | ||
| 2013 | $3.51B | +27.7% | ||
| 2012 | $2.75B | +0.4% | ||
| 2011 | $2.74B | +36.7% | ||
| 2010 | $2.00B | +38.8% | ||
| 2009 | $1.44B | +6.8% | ||
| 2008 | $1.35B | +2150.0% | ||
| 2007 | $60.00M | -271.4% | ||
| 2006 | -$35.00M | -144.3% | ||
| 2005 | $79.09M | -16.3% | ||
| 2004 | $94.54M | +32.0% | ||
| 2003 | $71.60M | -86.7% | ||
| 2002 | $539.33M | -253.8% | ||
| 2001 | -$350.63M | -218.6% | ||
| 2000 | $295.72M | — |
EBITDA values are taken from Warner Bros. Discovery's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Warner Bros. Discovery (WBD) EBITDA is $9.42B – declined 18.9% year-over-year.
Through 2020–2025 (5 years), Warner Bros. Discovery EBITDA delivered a +7.1% annualised rate; with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, Warner Bros. Discovery EBITDA plunged 57.9%, falling from $22.37B to $9.42B.
2023 marks the peak EBITDA at $22.37B, with the historical low of -$350.63M recorded in 2001.
Warner Bros. Discovery (WBD) sits 9th of 8 Communication Services peers we track on this metric, against a peer median of $47.05B.
Warner Bros. Discovery EBITDA by Year
Warner Bros. Discovery EBITDA 2025: $9.42B
Warner Bros. Discovery EBITDA in 2025 was $9.42B, declined 18.9% below 2024.
Warner Bros. Discovery EBITDA 2024: $11.61B
Warner Bros. Discovery EBITDA in 2024 was $11.61B, plunged 48.1% below 2023.
Warner Bros. Discovery EBITDA 2023: $22.37B
Warner Bros. Discovery EBITDA in 2023 was $22.37B, surged 57.8% from 2022. This figure represents the highest annual value in the available history.
Warner Bros. Discovery EBITDA 2022: $14.17B
Warner Bros. Discovery EBITDA in 2022 was $14.17B, surged 98.2% from 2021.
Warner Bros. Discovery EBITDA 2021: $7.15B
Warner Bros. Discovery EBITDA in 2021 was $7.15B.
See more financial history for Warner Bros. Discovery (WBD).
Sector peers — EBITDA
Companies in the same sector as Warner Bros. Discovery, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $179.96B | Communication Services |
| Meta Platforms, Inc. (META) | $104.55B | Communication Services |
| AT&T Inc. (T) | $54.70B | Communication Services |
| Verizon Communications Inc. (VZ) | $47.72B | Communication Services |
| Comcast Corporation (CMCSA) | $46.38B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $32.25B | Communication Services |
| Netflix, Inc. (NFLX) | $30.25B | Communication Services |
| The Walt Disney Company (DIS) | $19.14B | Communication Services |
Frequently asked questions
What is Warner Bros. Discovery's EBITDA?
- Latest reported EBITDA for Warner Bros. Discovery (WBD) is $16.20B (period ending December 31, 2025).
How has Warner Bros. Discovery EBITDA changed year-over-year?
- Warner Bros. Discovery (WBD) EBITDA changed -18.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Warner Bros. Discovery EBITDA?
- Warner Bros. Discovery (WBD) EBITDA compound annual growth rate is +7.1% over the most recent 5 years available.
When did Warner Bros. Discovery EBITDA hit its highest annual value?
- Warner Bros. Discovery EBITDA reached its highest annual value of $22.37B in 2023.
What was Warner Bros. Discovery EBITDA in 2024?
- Warner Bros. Discovery (WBD) EBITDA in 2024 was $11.61B.
What was Warner Bros. Discovery EBITDA in 2025?
- Warner Bros. Discovery (WBD) EBITDA in 2025 was $9.42B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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