Warner Bros Discovery Inc (WBD)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -3,126,000 | -7,371,000 | 1,006,000 | 1,219,000 | 2,069,000 |
| Revenue | US$ in thousands | 38,893,000 | 34,837,000 | 12,787,000 | 10,974,000 | 11,510,000 |
| Net profit margin | -8.04% | -21.16% | 7.87% | 11.11% | 17.98% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-3,126,000K ÷ $38,893,000K
= -8.04%
Warner Bros. Discovery Inc's net profit margin has fluctuated over the past five years, showing a downward trend. It was negative in 2023 and 2022, indicating that the company's expenses exceeded its revenues during those periods. The lowest net profit margin was recorded in 2022 at -21.94%, highlighting a significant loss-making year. In contrast, the net profit margin was positive in 2021, although relatively low at 6.40%. The company performed better in 2020 and 2019, with net profit margins of 8.61% and 16.56% respectively, suggesting stronger profitability during those years. Overall, fluctuations in the net profit margin indicate varying levels of operational efficiency and profitability for Warner Bros. Discovery Inc in recent years.
Peer comparison
Dec 31, 2023