Aureus
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Warner Bros. Discovery, Inc. - (WBD)

C

Financial data as of Dec 31, 2024Improving · Communication Services

FCF Margin11.3%Free Cash Flow / Revenue
Cash Conversion-47.5%Operating CF / Net Income
Free Cash Flow$4.4B
Revenue$39.3B
Net Cash-$34.2BNet debt position
Debt / FCF8.9xElevated debt burden
Current Ratio0.89Tight short-term liquidity
YoY FCF Growth+10.9%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseB
→
-1High debt-to-FCF ratio (8.9x)
→
-1Current ratio below 1.0 (0.89)
→
+0.5Modest YoY FCF growth (10.9% YoY)
→
FinalC

Analysis Summary

Strengths

  • Healthy FCF margin (11.3%)
  • FCF trend is improving

Concerns

  • Heavy debt position ($34.2B)
  • High debt-to-FCF ratio (8.9x)
  • Current ratio below 1.0 — tight short-term liquidity

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin11.3%
Net Margin-28.8%
Operating CF Margin13.7%
CapEx Ratio2.4%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$34.2BNet debt position
Debt / FCF8.9xElevated debt burden
Current Ratio0.89Tight liquidity
Debt / Equity1.16Moderate leverage

Quarterly FCF Trend

+10.9% YoYImproving (+10.9%)

Free cash flow per quarter

Sector Comparison — Communication Services

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameWarner Bros. Discovery, Inc. -
SectorCommunication Services
Free Cash Flow$4.4B
Revenue$39.3B
Net Income-$11.3B
Operating Cash Flow$5.4B
Capital Expenditure$948.0M
FCF Margin11.3%
Cash Conversion Rate-47.5%
Net Margin-28.8%
Total Debt$39.5B
Total Cash$5.3B
Net Cash-$34.2B
Current Ratio0.89
Debt / Equity1.16
Debt / FCF8.9x
YoY FCF Growth+10.9%
Positive Quarters5 of 5
Trend DirectionImproving
Report DateDec 31, 2024
GradeC
Data SourceYahoo Finance

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