Ticker League

TTM

34.0%

YoY change

−4.28pp

Trough year (2001)

-59.2%

Peak year (2000)

100.0%

EBITDA Margin history chart for Warner Bros. Discovery (WBD) from 2000 to 2025

Latest: 25.2%

EBITDA Margin change chart for Warner Bros. Discovery (WBD) from 2000 to 2025

Latest: −4.28pp

EBITDA Margin history table for Warner Bros. Discovery (WBD) from 2000 to 2025

  • 202525.2%-4.28pp
  • 202429.5%-24.60pp
  • 202354.1%+12.22pp
  • 202241.9%-16.74pp
  • 202158.6%-4.06pp
  • 202062.7%-1.65pp
  • 201964.3%+3.35pp
  • 201861.0%+23.49pp
  • 201737.5%-25.89pp
  • 201663.4%+1.97pp
  • 201561.4%-1.79pp
  • 201463.2%-0.15pp
  • 201363.4%+2.13pp
  • 201261.2%-4.40pp
  • 201165.6%+11.62pp
  • 201054.0%+12.32pp
  • 200941.7%+2.49pp
  • 200839.2%-39.74pp
  • 200778.9%+84.03pp
  • 2006-5.1%-16.47pp
  • 200511.4%-3.59pp
  • 200415.0%+0.83pp
  • 200314.1%-85.85pp
  • 2002100.0%+159.15pp
  • 2001-59.2%-159.15pp
  • 2000100.0%

EBITDA Margin values are taken from Warner Bros. Discovery's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Warner Bros. Discovery (WBD)

According to Warner Bros. Discovery's latest reported financial statements, the company's latest reported EBITDA margin is 34.0%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Warner Bros. Discovery (WBD) most recent annual EBITDA margin stands at 25.25% (2025) – contracted 4.3 percentage points year-over-year.

Across the available history, EBITDA margin reached its high of 100.00% in 2000 and its low of -59.15% in 2001.

Warner Bros. Discovery EBITDA Margin by Year

Warner Bros. Discovery EBITDA Margin 2025: 25.2%

Warner Bros. Discovery posted EBITDA margin of 25.25% in 2025, contracted 4.3 percentage points from 2024.

Warner Bros. Discovery EBITDA Margin 2024: 29.5%

In 2024, Warner Bros. Discovery reported EBITDA margin of 29.53%, contracted 24.6 percentage points from 2023.

Warner Bros. Discovery EBITDA Margin 2023: 54.1%

Warner Bros. Discovery EBITDA margin in 2023 was 54.13%, expanded 12.2 percentage points from 2022.

Warner Bros. Discovery EBITDA Margin 2022: 41.9%

2022's EBITDA margin for Warner Bros. Discovery came in at 41.90%, contracted 16.7 percentage points from 2021.

Warner Bros. Discovery EBITDA Margin 2021: 58.6%

Warner Bros. Discovery EBITDA margin in 2021 was 58.64%.

See more financial history for Warner Bros. Discovery (WBD).

Sector peers by EBITDA Margin

Communication Services peers of Warner Bros. Discovery (WBD), ranked by their latest EBITDA margin

Frequently asked questions