Stock Analysis on Net

Warner Bros. Discovery Inc. (NASDAQ:WBD)

This company has been moved to the archive! The financial data has not been updated since November 4, 2022.

Analysis of Profitability Ratios 
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Warner Bros. Discovery Inc., profitability ratios (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Return on Sales
Gross profit margin 44.01% 45.88% 61.08% 62.10% 60.62% 63.22% 63.72% 63.83% 64.65% 65.86% 65.76% 65.73% 66.35% 65.91% 65.26% 62.71% 61.14% 59.96% 58.91% 61.36%
Operating profit margin -19.11% -12.67% 15.68% 16.50% 16.75% 19.41% 19.78% 23.57% 25.63% 26.17% 27.10% 27.00% 27.21% 25.15% 22.86% 18.33% 4.02% 5.19% 5.68% 10.37%
Net profit margin -20.13% -14.32% 10.53% 8.25% 10.42% 12.24% 9.11% 11.42% 13.36% 12.86% 18.54% 18.57% 16.81% 15.62% 9.00% 5.63% -8.52% -8.28% -7.40% -4.90%
Return on Investment
Return on equity (ROE) -10.78% -5.39% 11.05% 8.67% 10.67% 11.99% 9.08% 11.65% 14.12% 14.05% 21.77% 20.92% 19.56% 17.85% 11.32% 7.08% -10.09% -9.05% -7.10% -7.31%
Return on assets (ROA) -3.85% -1.95% 3.91% 2.92% 3.61% 4.00% 2.92% 3.58% 4.26% 4.19% 6.18% 6.13% 5.67% 5.07% 3.04% 1.82% -2.49% -2.14% -1.62% -1.49%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Warner Bros. Discovery Inc. gross profit margin ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Warner Bros. Discovery Inc. operating profit margin ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Warner Bros. Discovery Inc. net profit margin ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Warner Bros. Discovery Inc. ROE deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
ROA A profitability ratio calculated as net income divided by total assets. Warner Bros. Discovery Inc. ROA deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Gross Profit Margin

Warner Bros. Discovery Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Gross profit 4,196 3,202 1,923 2,120 1,621 2,007 1,823 1,757 1,558 1,731 1,765 1,837 1,764 1,947 1,777 1,863 1,658 1,850 1,247 1,119 981 1,111 1,006
Revenues 9,823 9,827 3,159 3,187 3,150 3,062 2,792 2,886 2,561 2,541 2,683 2,874 2,678 2,885 2,707 2,809 2,592 2,845 2,307 1,864 1,651 1,745 1,613
Profitability Ratio
Gross profit margin1 44.01% 45.88% 61.08% 62.10% 60.62% 63.22% 63.72% 63.83% 64.65% 65.86% 65.76% 65.73% 66.35% 65.91% 65.26% 62.71% 61.14% 59.96% 58.91% 61.36%
Benchmarks
Gross Profit Margin, Competitors2
Alphabet Inc. 56.10% 56.74% 56.93% 56.94% 56.51% 55.72% 54.32% 53.58% 53.60% 54.15% 55.08% 55.58%
Comcast Corp. 68.41% 67.34% 66.64% 66.96% 66.59% 66.81% 67.61% 68.02% 68.36% 68.99% 68.56% 68.39%
Meta Platforms Inc. 80.31% 80.47% 80.34% 80.79% 80.85% 80.98% 80.55% 80.58% 81.04% 81.46% 81.72% 81.94%
Netflix Inc. 39.62% 40.63% 41.62% 41.64% 43.22% 42.29% 41.10% 38.89% 38.80% 38.98% 38.47% 38.28%
Walt Disney Co. 34.43% 33.79% 34.34% 33.06% 31.12% 30.65% 29.85% 32.89% 35.96% 36.60% 38.72% 39.60%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
Gross profit margin = 100 × (Gross profitQ3 2022 + Gross profitQ2 2022 + Gross profitQ1 2022 + Gross profitQ4 2021) ÷ (RevenuesQ3 2022 + RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021)
= 100 × (4,196 + 3,202 + 1,923 + 2,120) ÷ (9,823 + 9,827 + 3,159 + 3,187) = 44.01%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Warner Bros. Discovery Inc. gross profit margin ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Operating Profit Margin

Warner Bros. Discovery Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Operating income (loss) (2,190) (3,639) 353 508 329 779 396 488 531 717 779 705 619 911 774 711 369 650 204 (837) 433 630 487
Revenues 9,823 9,827 3,159 3,187 3,150 3,062 2,792 2,886 2,561 2,541 2,683 2,874 2,678 2,885 2,707 2,809 2,592 2,845 2,307 1,864 1,651 1,745 1,613
Profitability Ratio
Operating profit margin1 -19.11% -12.67% 15.68% 16.50% 16.75% 19.41% 19.78% 23.57% 25.63% 26.17% 27.10% 27.00% 27.21% 25.15% 22.86% 18.33% 4.02% 5.19% 5.68% 10.37%
Benchmarks
Operating Profit Margin, Competitors2
Alphabet Inc. 27.85% 29.65% 30.47% 30.55% 30.30% 28.45% 25.26% 22.59% 20.29% 19.76% 21.36% 21.15%
Comcast Corp. 11.82% 18.25% 17.76% 17.89% 17.51% 17.01% 16.97% 16.89% 18.05% 19.03% 19.13% 19.39%
Meta Platforms Inc. 29.74% 33.41% 36.68% 39.65% 41.79% 42.52% 40.42% 38.01% 36.41% 37.12% 36.21% 33.93%
Netflix Inc. 18.16% 19.13% 20.41% 20.86% 22.76% 22.03% 21.17% 18.34% 17.17% 16.59% 14.50% 12.92%
Walt Disney Co. 8.01% 7.08% 6.93% 4.46% 2.60% -7.99% -7.37% -2.97% 1.25% 10.76% 13.22% 15.33%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
Operating profit margin = 100 × (Operating income (loss)Q3 2022 + Operating income (loss)Q2 2022 + Operating income (loss)Q1 2022 + Operating income (loss)Q4 2021) ÷ (RevenuesQ3 2022 + RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021)
= 100 × (-2,190 + -3,639 + 353 + 508) ÷ (9,823 + 9,827 + 3,159 + 3,187) = -19.11%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Warner Bros. Discovery Inc. operating profit margin ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Net Profit Margin

Warner Bros. Discovery Inc., net profit margin calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) available to Warner Bros. Discovery, Inc. (2,308) (3,418) 456 38 156 672 140 271 300 271 377 476 262 947 384 269 117 216 (8) (1,144) 218 374 215
Revenues 9,823 9,827 3,159 3,187 3,150 3,062 2,792 2,886 2,561 2,541 2,683 2,874 2,678 2,885 2,707 2,809 2,592 2,845 2,307 1,864 1,651 1,745 1,613
Profitability Ratio
Net profit margin1 -20.13% -14.32% 10.53% 8.25% 10.42% 12.24% 9.11% 11.42% 13.36% 12.86% 18.54% 18.57% 16.81% 15.62% 9.00% 5.63% -8.52% -8.28% -7.40% -4.90%
Benchmarks
Net Profit Margin, Competitors2
Alphabet Inc. 23.75% 25.89% 27.57% 29.51% 29.52% 28.57% 26.11% 22.06% 20.80% 18.99% 20.71% 21.22%
Comcast Corp. 4.46% 11.54% 11.96% 12.17% 12.73% 11.44% 11.25% 10.17% 9.90% 10.91% 10.72% 11.99%
Meta Platforms Inc. 24.41% 28.16% 31.20% 33.38% 35.88% 37.18% 35.74% 33.90% 32.00% 31.29% 28.57% 26.15%
Netflix Inc. 16.03% 16.42% 16.47% 17.23% 17.64% 15.92% 14.24% 11.05% 11.78% 11.85% 10.43% 9.26%
Walt Disney Co. 3.87% 3.46% 4.22% 2.96% 1.77% -7.73% -8.15% -4.38% -1.58% 6.88% 13.80% 15.89%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
Net profit margin = 100 × (Net income (loss) available to Warner Bros. Discovery, Inc.Q3 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q2 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q1 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q4 2021) ÷ (RevenuesQ3 2022 + RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021)
= 100 × (-2,308 + -3,418 + 456 + 38) ÷ (9,823 + 9,827 + 3,159 + 3,187) = -20.13%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Warner Bros. Discovery Inc. net profit margin ratio deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Return on Equity (ROE)

Warner Bros. Discovery Inc., ROE calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) available to Warner Bros. Discovery, Inc. (2,308) (3,418) 456 38 156 672 140 271 300 271 377 476 262 947 384 269 117 216 (8) (1,144) 218 374 215
Total Warner Bros. Discovery, Inc. stockholders’ equity 48,517 51,383 11,969 11,599 11,611 11,538 10,815 10,464 10,087 9,867 9,470 9,891 9,518 9,621 8,708 8,386 8,116 7,936 7,889 4,610 5,740 5,526 5,335
Profitability Ratio
ROE1 -10.78% -5.39% 11.05% 8.67% 10.67% 11.99% 9.08% 11.65% 14.12% 14.05% 21.77% 20.92% 19.56% 17.85% 11.32% 7.08% -10.09% -9.05% -7.10% -7.31%
Benchmarks
ROE, Competitors2
Alphabet Inc. 26.41% 28.20% 29.35% 30.22% 28.87% 26.49% 22.33% 18.09% 16.77% 15.21% 16.95% 17.05%
Comcast Corp. 6.73% 15.35% 15.18% 14.73% 15.12% 13.13% 12.66% 11.66% 11.97% 13.77% 14.29% 15.78%
Meta Platforms Inc. 23.23% 26.74% 30.30% 31.53% 30.22% 28.18% 25.24% 22.72% 21.47% 21.30% 19.90% 18.29%
Netflix Inc. 24.57% 26.71% 28.54% 32.28% 32.98% 31.68% 29.18% 24.96% 27.16% 28.73% 26.54% 24.62%
Walt Disney Co. 3.40% 2.92% 3.43% 2.25% 1.30% -5.28% -5.89% -3.43% -1.28% 5.95% 11.56% 12.44%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
ROE = 100 × (Net income (loss) available to Warner Bros. Discovery, Inc.Q3 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q2 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q1 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q4 2021) ÷ Total Warner Bros. Discovery, Inc. stockholders’ equity
= 100 × (-2,308 + -3,418 + 456 + 38) ÷ 48,517 = -10.78%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Warner Bros. Discovery Inc. ROE deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Return on Assets (ROA)

Warner Bros. Discovery Inc., ROA calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) available to Warner Bros. Discovery, Inc. (2,308) (3,418) 456 38 156 672 140 271 300 271 377 476 262 947 384 269 117 216 (8) (1,144) 218 374 215
Total assets 136,049 142,240 33,799 34,427 34,318 34,572 33,625 34,087 33,438 33,089 33,390 33,735 32,825 33,845 32,444 32,550 32,912 33,492 34,658 22,555 23,143 16,149 15,862
Profitability Ratio
ROA1 -3.85% -1.95% 3.91% 2.92% 3.61% 4.00% 2.92% 3.58% 4.26% 4.19% 6.18% 6.13% 5.67% 5.07% 3.04% 1.82% -2.49% -2.14% -1.62% -1.49%
Benchmarks
ROA, Competitors2
Alphabet Inc. 18.70% 20.28% 20.87% 21.16% 20.33% 18.76% 15.70% 12.60% 11.93% 11.32% 12.63% 12.45%
Comcast Corp. 2.12% 5.26% 5.25% 5.13% 5.23% 4.50% 4.21% 3.85% 3.84% 4.33% 4.44% 4.96%
Meta Platforms Inc. 16.12% 19.81% 22.74% 23.72% 23.77% 22.83% 20.63% 18.29% 17.26% 16.84% 15.15% 13.86%
Netflix Inc. 10.61% 10.99% 11.05% 11.48% 11.82% 10.72% 9.37% 7.03% 7.27% 7.21% 6.37% 5.49%
Walt Disney Co. 1.54% 1.31% 1.52% 0.98% 0.56% -2.25% -2.45% -1.42% -0.53% 2.61% 5.16% 5.70%

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
ROA = 100 × (Net income (loss) available to Warner Bros. Discovery, Inc.Q3 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q2 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q1 2022 + Net income (loss) available to Warner Bros. Discovery, Inc.Q4 2021) ÷ Total assets
= 100 × (-2,308 + -3,418 + 456 + 38) ÷ 136,049 = -3.85%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Warner Bros. Discovery Inc. ROA deteriorated from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.