Warner Bros Discovery Inc (WBD)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	-1,548,000	-7,370,000	2,012,000	2,515,000	3,009,000
Revenue	US$ in thousands	38,893,000	34,837,000	12,787,000	10,974,000	11,510,000
Operating profit margin		-3.98%	-21.16%	15.73%	22.92%	26.14%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $-1,548,000K ÷ $38,893,000K
= -3.98%

Warner Bros. Discovery Inc's operating profit margin has shown a declining trend over the past five years, starting at 28.61% in 2019 and decreasing to -2.14% in 2023. This indicates a significant decrease in the company's ability to generate profits from its core operations relative to its revenue. The declining trend in operating profit margin suggests potential inefficiencies or cost challenges within the company's operations. Further investigation into the causes of this decline is recommended to identify and address the underlying issues impacting profitability.