Warner Bros. Discovery (WBD) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.4% | +2.3% | -2.5% | -1.5% | -0.1% | -0.1% | — | — | — | — | — | — |
| 2025 | -1.2% | +9.8% | -6.4% | -19.2% | +15.0% | +14.9% | +14.9% | -11.6% | +67.8% | +15.0% | +6.9% | +20.1% |
| 2024 | -12.0% | -12.3% | -0.7% | -15.7% | +12.0% | -9.7% | +16.3% | -9.4% | +5.2% | -1.5% | +28.9% | +0.9% |
| 2023 | +56.3% | +5.4% | -3.3% | -9.9% | -17.1% | +11.2% | +4.2% | +0.5% | -17.4% | -8.5% | +5.1% | +8.9% |
| 2022 | +18.6% | +0.5% | -11.2% | -27.2% | +1.7% | -27.3% | +11.8% | -11.7% | -13.1% | +13.0% | -12.3% | -16.8% |
| 2021 | +37.7% | +28.0% | -18.0% | -13.3% | -14.7% | -4.5% | -5.4% | -0.6% | -12.0% | -7.6% | -0.7% | +1.2% |
| 2020 | -10.6% | -12.2% | -24.4% | +15.3% | -3.0% | -3.0% | +0.0% | +4.6% | -1.4% | -7.0% | +33.0% | +11.8% |
| 2019 | +14.7% | +1.8% | -6.5% | +14.4% | -11.8% | +12.6% | -1.3% | -8.9% | -3.5% | +1.2% | +22.2% | -0.6% |
| 2018 | +12.0% | -3.0% | -11.9% | +10.4% | -10.8% | +30.4% | -3.3% | +4.7% | +15.0% | +1.2% | -5.2% | -19.5% |
| 2017 | +3.4% | +1.4% | +1.1% | -1.1% | -7.9% | -2.5% | -4.8% | -9.7% | -4.1% | -11.3% | +0.7% | +17.7% |
| 2016 | +3.4% | -9.4% | +14.5% | -4.6% | +2.0% | -9.4% | -0.6% | +1.7% | +5.5% | -3.0% | +3.8% | +1.2% |
| 2015 | -15.8% | +11.4% | -4.8% | +5.2% | +4.9% | -2.0% | -0.7% | -19.4% | -2.1% | +13.1% | +5.8% | -14.3% |
| 2014 | -11.8% | +4.5% | -0.8% | -8.2% | +1.4% | -3.5% | +14.7% | -1.5% | -13.5% | -6.5% | -1.3% | -1.3% |
| 2013 | +9.3% | +5.7% | +7.4% | +0.1% | +0.1% | -2.1% | +3.2% | -2.8% | +8.9% | +5.3% | -1.8% | +3.6% |
| 2012 | +4.7% | +8.8% | +8.5% | +7.6% | -8.0% | +7.8% | -6.2% | +8.3% | +8.7% | -1.0% | +2.3% | +5.1% |
| 2011 | -6.4% | +10.5% | -7.4% | +10.9% | -1.6% | -5.9% | -2.9% | +6.3% | -11.0% | +15.5% | -3.4% | -2.4% |
| 2010 | -3.3% | +5.0% | +8.4% | +14.7% | -2.8% | -5.2% | +8.1% | -2.2% | +15.4% | +2.6% | -8.7% | +2.3% |
| 2009 | +2.3% | +7.0% | +3.3% | +18.4% | +18.3% | +0.3% | +8.8% | +5.8% | +11.5% | -4.8% | +16.1% | -4.0% |
| 2008 | -7.6% | -2.8% | -6.0% | +9.2% | +13.0% | -16.1% | -9.4% | +1.7% | -29.6% | -4.2% | +9.8% | -5.5% |
| 2007 | +3.0% | -3.0% | +19.1% | +13.6% | +7.5% | -1.6% | +3.2% | +5.9% | +14.8% | -1.2% | -14.2% | +2.8% |
| 2006 | +0.1% | -3.7% | +2.6% | -0.6% | -6.8% | +5.4% | -8.9% | +5.2% | +3.2% | +2.7% | +3.4% | +4.9% |
| 2005 | — | — | — | — | — | — | — | +6.2% | -4.7% | -2.4% | +10.8% | -3.0% |
| Avg | +4.4% | +2.7% | -1.8% | +0.9% | -0.4% | -0.5% | +2.1% | -1.3% | +2.1% | +0.5% | +4.8% | +0.6% |
| Median | +2.3% | +2.3% | -2.5% | +0.1% | -0.1% | -2.3% | -0.3% | +0.5% | -1.4% | -1.2% | +3.4% | +1.2% |
| Last 5Y Avg | +11.5% | +1.1% | -4.8% | -14.7% | +2.3% | -3.1% | +8.3% | -6.6% | +6.1% | +2.1% | +5.6% | +2.8% |
| Std Dev (σ) | 17.1% | 9.1% | 10.3% | 12.8% | 9.8% | 12.2% | 8.0% | 7.7% | 19.2% | 7.9% | 12.3% | 9.8% |
| Consistency (μ/σ) | 0.26 | 0.29 | -0.18 | 0.07 | -0.04 | -0.04 | 0.26 | -0.17 | 0.11 | 0.06 | 0.39 | 0.06 |
| Win Rate (%) | 57% | 67% | 38% | 52% | 48% | 35% | 45% | 52% | 48% | 43% | 62% | 57% |
| Winning / Losing Months | ▲12▼9 | ▲14▼7 | ▲8▼13 | ▲11▼10 | ▲10▼11 | ▲7▼13 | ▲9▼11 | ▲11▼10 | ▲10▼11 | ▲9▼12 | ▲13▼8 | ▲12▼9 |
| Longest Win / Loss Streak | ▲4▼3 | ▲7▼3 | ▲2▼9 | ▲7▼6 | ▲4▼5 | ▲2▼5 | ▲4▼7 | ▲5▼3 | ▲2▼5 | ▲2▼3 | ▲3▼2 | ▲3▼2 |
| Best | +56.3%in January 2023 | +28.0%in February 2021 | +19.1%in March 2007 | +18.4%in April 2009 | +18.3%in May 2009 | +30.4%in June 2018 | +16.3%in July 2024 | +8.3%in August 2012 | +67.8%in September 2025 | +15.5%in October 2011 | +33.0%in November 2020 | +20.1%in December 2025 |
| Worst | -15.8%in January 2015 | -12.3%in February 2024 | -24.4%in March 2020 | -27.2%in April 2022 | -17.1%in May 2023 | -27.3%in June 2022 | -9.4%in July 2008 | -19.4%in August 2015 | -29.6%in September 2008 | -11.3%in October 2017 | -14.2%in November 2007 | -19.5%in December 2018 |
−29.6%+67.8%
2026
Jan-4.4%
Feb+2.3%
Mar-2.5%
Apr-1.5%
May-0.1%
Jun-0.1%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-1.2%
Feb+9.8%
Mar-6.4%
Apr-19.2%
May+15.0%
Jun+14.9%
Jul+14.9%
Aug-11.6%
Sep+67.8%
Oct+15.0%
Nov+6.9%
Dec+20.1%
2024
Jan-12.0%
Feb-12.3%
Mar-0.7%
Apr-15.7%
May+12.0%
Jun-9.7%
Jul+16.3%
Aug-9.4%
Sep+5.2%
Oct-1.5%
Nov+28.9%
Dec+0.9%
2023
Jan+56.3%
Feb+5.4%
Mar-3.3%
Apr-9.9%
May-17.1%
Jun+11.2%
Jul+4.2%
Aug+0.5%
Sep-17.4%
Oct-8.5%
Nov+5.1%
Dec+8.9%
2022
Jan+18.6%
Feb+0.5%
Mar-11.2%
Apr-27.2%
May+1.7%
Jun-27.3%
Jul+11.8%
Aug-11.7%
Sep-13.1%
Oct+13.0%
Nov-12.3%
Dec-16.8%
2021
Jan+37.7%
Feb+28.0%
Mar-18.0%
Apr-13.3%
May-14.7%
Jun-4.5%
Jul-5.4%
Aug-0.6%
Sep-12.0%
Oct-7.6%
Nov-0.7%
Dec+1.2%
2020
Jan-10.6%
Feb-12.2%
Mar-24.4%
Apr+15.3%
May-3.0%
Jun-3.0%
Jul+0.0%
Aug+4.6%
Sep-1.4%
Oct-7.0%
Nov+33.0%
Dec+11.8%
2019
Jan+14.7%
Feb+1.8%
Mar-6.5%
Apr+14.4%
May-11.8%
Jun+12.6%
Jul-1.3%
Aug-8.9%
Sep-3.5%
Oct+1.2%
Nov+22.2%
Dec-0.6%
2018
Jan+12.0%
Feb-3.0%
Mar-11.9%
Apr+10.4%
May-10.8%
Jun+30.4%
Jul-3.3%
Aug+4.7%
Sep+15.0%
Oct+1.2%
Nov-5.2%
Dec-19.5%
2017
Jan+3.4%
Feb+1.4%
Mar+1.1%
Apr-1.1%
May-7.9%
Jun-2.5%
Jul-4.8%
Aug-9.7%
Sep-4.1%
Oct-11.3%
Nov+0.7%
Dec+17.7%
2016
Jan+3.4%
Feb-9.4%
Mar+14.5%
Apr-4.6%
May+2.0%
Jun-9.4%
Jul-0.6%
Aug+1.7%
Sep+5.5%
Oct-3.0%
Nov+3.8%
Dec+1.2%
2015
Jan-15.8%
Feb+11.4%
Mar-4.8%
Apr+5.2%
May+4.9%
Jun-2.0%
Jul-0.7%
Aug-19.4%
Sep-2.1%
Oct+13.1%
Nov+5.8%
Dec-14.3%
2014
Jan-11.8%
Feb+4.5%
Mar-0.8%
Apr-8.2%
May+1.4%
Jun-3.5%
Jul+14.7%
Aug-1.5%
Sep-13.5%
Oct-6.5%
Nov-1.3%
Dec-1.3%
2013
Jan+9.3%
Feb+5.7%
Mar+7.4%
Apr+0.1%
May+0.1%
Jun-2.1%
Jul+3.2%
Aug-2.8%
Sep+8.9%
Oct+5.3%
Nov-1.8%
Dec+3.6%
2012
Jan+4.7%
Feb+8.8%
Mar+8.5%
Apr+7.6%
May-8.0%
Jun+7.8%
Jul-6.2%
Aug+8.3%
Sep+8.7%
Oct-1.0%
Nov+2.3%
Dec+5.1%
2011
Jan-6.4%
Feb+10.5%
Mar-7.4%
Apr+10.9%
May-1.6%
Jun-5.9%
Jul-2.9%
Aug+6.3%
Sep-11.0%
Oct+15.5%
Nov-3.4%
Dec-2.4%
2010
Jan-3.3%
Feb+5.0%
Mar+8.4%
Apr+14.7%
May-2.8%
Jun-5.2%
Jul+8.1%
Aug-2.2%
Sep+15.4%
Oct+2.6%
Nov-8.7%
Dec+2.3%
2009
Jan+2.3%
Feb+7.0%
Mar+3.3%
Apr+18.4%
May+18.3%
Jun+0.3%
Jul+8.8%
Aug+5.8%
Sep+11.5%
Oct-4.8%
Nov+16.1%
Dec-4.0%
2008
Jan-7.6%
Feb-2.8%
Mar-6.0%
Apr+9.2%
May+13.0%
Jun-16.1%
Jul-9.4%
Aug+1.7%
Sep-29.6%
Oct-4.2%
Nov+9.8%
Dec-5.5%
2007
Jan+3.0%
Feb-3.0%
Mar+19.1%
Apr+13.6%
May+7.5%
Jun-1.6%
Jul+3.2%
Aug+5.9%
Sep+14.8%
Oct-1.2%
Nov-14.2%
Dec+2.8%
2006
Jan+0.1%
Feb-3.7%
Mar+2.6%
Apr-0.6%
May-6.8%
Jun+5.4%
Jul-8.9%
Aug+5.2%
Sep+3.2%
Oct+2.7%
Nov+3.4%
Dec+4.9%
2005
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug+6.2%
Sep-4.7%
Oct-2.4%
Nov+10.8%
Dec-3.0%
Avg
Jan+4.4%
Feb+2.7%
Mar-1.8%
Apr+0.9%
May-0.4%
Jun-0.5%
Jul+2.1%
Aug-1.3%
Sep+2.1%
Oct+0.5%
Nov+4.8%
Dec+0.6%
Median
Jan+2.3%
Feb+2.3%
Mar-2.5%
Apr+0.1%
May-0.1%
Jun-2.3%
Jul-0.3%
Aug+0.5%
Sep-1.4%
Oct-1.2%
Nov+3.4%
Dec+1.2%
Last 5Y Avg
Jan+11.5%
Feb+1.1%
Mar-4.8%
Apr-14.7%
May+2.3%
Jun-3.1%
Jul+8.3%
Aug-6.6%
Sep+6.1%
Oct+2.1%
Nov+5.6%
Dec+2.8%
Std Dev (σ)
Jan17.1%
Feb9.1%
Mar10.3%
Apr12.8%
May9.8%
Jun12.2%
Jul8.0%
Aug7.7%
Sep19.2%
Oct7.9%
Nov12.3%
Dec9.8%
Consistency (μ/σ)
Jan0.26
Feb0.29
Mar-0.18
Apr0.07
May-0.04
Jun-0.04
Jul0.26
Aug-0.17
Sep0.11
Oct0.06
Nov0.39
Dec0.06
Win Rate (%)
Jan57%
Feb67%
Mar38%
Apr52%
May48%
Jun35%
Jul45%
Aug52%
Sep48%
Oct43%
Nov62%
Dec57%
Winning / Losing Months
Jan▲12▼9
Feb▲14▼7
Mar▲8▼13
Apr▲11▼10
May▲10▼11
Jun▲7▼13
Jul▲9▼11
Aug▲11▼10
Sep▲10▼11
Oct▲9▼12
Nov▲13▼8
Dec▲12▼9
Longest Win / Loss Streak
Jan▲4▼3
Feb▲7▼3
Mar▲2▼9
Apr▲7▼6
May▲4▼5
Jun▲2▼5
Jul▲4▼7
Aug▲5▼3
Sep▲2▼5
Oct▲2▼3
Nov▲3▼2
Dec▲3▼2
Best
Jan+56.3%2023
Feb+28.0%2021
Mar+19.1%2007
Apr+18.4%2009
May+18.3%2009
Jun+30.4%2018
Jul+16.3%2024
Aug+8.3%2012
Sep+67.8%2025
Oct+15.5%2011
Nov+33.0%2020
Dec+20.1%2025
Worst
Jan-15.8%2015
Feb-12.3%2024
Mar-24.4%2020
Apr-27.2%2022
May-17.1%2023
Jun-27.3%2022
Jul-9.4%2008
Aug-19.4%2015
Sep-29.6%2008
Oct-11.3%2017
Nov-14.2%2007
Dec-19.5%2018
−29.6%+67.8%
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