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.
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating profit margin
Warner Bros Discovery Inc
WBD
-3.98%
AMC Networks Inc
AMCX
15.13%
Cable One Inc
CABO
35.35%
Charter Communications Inc
CHTR
23.00%
Comcast Corp
CMCSA
19.18%