Warner Bros. Discovery, Inc.
Market Cap
$67.9B
Global Rank
#227
All-Time High
$115.8B
2013-12-31
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 38% of the 367 companies we track (globally).
- Equivalent to 0.2% of United States's GDP (2025 data).
- Just above: #226 Air Products and Chemicals, Inc. ($68.9B)
- Just below: #228 Meituan ($67.7B)
- Best year: 2025 (+173%). Worst year: 2022 (-60%).
Warner Bros. Discovery, Inc. Financial Breakdown (FY 2025)
Source: Yahoo Finance — WBD annual filings (2025) →$37.3B revenue · $1.3B operating income · $0.7B net income
- ●Operating margin: 3.5% on $37.3B in revenue.
- ●Net income margin: 1.9% — $0.7B in profit.
- ●Free cash flow: $3.1B (8.3% of revenue).
Cost / Operating Expenses
Total operating expenses $36.0B
Total
$30.3B
Capital Expenditures
$1.2B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$3.1B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed through the spin-off of WarnerMedia by AT&T, and its merger with Discovery, Inc. on April 8, 2022. On April 23, 2026, the company agreed to be sold to Paramount Skydance, subject to approval by U.S. regulators. On June 12, 2026, the Paramount-WBD deal was approved by the U.S. Department of Justice.
Warner Bros. Discovery, Inc. Market Cap History (2026–2026)
Warner Bros. Discovery, Inc. vs Sector Peers by Market Cap
Compare Warner Bros. Discovery, Inc.
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $67.9B | #227(↓30) | -6.1% |
| 2025 | $72.3B | #197(↑114) | +172.7% |
| 2024 | $26.5B | #311(↓5) | -7.1% |
| 2023 | $28.5B | #306(↓9) | +20.0% |
| 2022 | $23.8B | #297(↓124) | -59.7% |
| 2021 | $59.0B | #173(↓61) | -21.8% |
| 2020 | $75.4B | #112(↓32) | -8.1% |
| 2019 | $82.1B | #80(↑2) | +32.3% |
| 2018 | $62.0B | #82(↑18) | +10.5% |
| 2017 | $56.1B | #100(↓46) | -18.4% |
| 2016 | $68.7B | #54 | +2.7% |
| 2015 | $66.9B | #54(↓17) | -22.6% |
| 2014 | $86.4B | #37(↓22) | -25.4% |
| 2013 | $115.8B | #15(↑7) | +42.4% |
| 2012 | $81.3B | #22(↑12) | +54.9% |
| 2011 | $52.5B | #34(↓1) | -1.8% |
| 2010 | $53.4B | #33(↑12) | +36.0% |
| 2009 | $39.3B | #45(↑32) | +116.6% |
| 2008 | $18.1B | #77(↓3) | -37.9% |
| 2007 | $29.2B | #74(↑24) | +56.2% |
| 2006 | $18.7B | #98(↓12) | +6.2% |
| 2005 | $17.6B | #86 |
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FAQ
What is Warner Bros. Discovery, Inc.'s market cap?
Warner Bros. Discovery, Inc. (WBD) has a market capitalization of $67.9B, making it the #227 largest company in the world by market cap.
What was Warner Bros. Discovery, Inc.'s highest market cap?
Warner Bros. Discovery, Inc.'s all-time high market cap was $115.8B, reached in 2013-12-31. Its highest rank was #15 in 2013.
What sector is Warner Bros. Discovery, Inc. in?
Warner Bros. Discovery, Inc. is in the Communication Services sector, specifically the Entertainment industry. It is based in United States.
How has Warner Bros. Discovery, Inc.'s market cap changed over time?
Warner Bros. Discovery, Inc. has been tracked since 2026. Its market cap has grown by 0% from $67.9B in 2026 to $67.9B today.