Warner Bros Discovery Inc (WBD)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | -10.44% | -42.35% | -32.88% | -23.49% | -21.32% | 34.31% | 32.88% | 40.71% | 41.10% | 27.38% | 28.23% | 27.07% | 26.81% | 74.38% | 75.48% | 75.09% | 75.04% | 66.35% | 65.91% | 65.26% |
| Operating profit margin | -3.98% | -7.57% | -12.93% | -19.54% | -21.16% | -18.68% | -12.29% | 14.97% | 15.73% | 16.34% | 18.91% | 19.24% | 22.92% | 25.63% | 26.17% | 27.10% | 27.00% | 27.21% | 25.15% | 22.86% |
| Pretax margin | -10.05% | -13.59% | -19.07% | -25.81% | -25.93% | -23.85% | -16.44% | 12.57% | 9.71% | 12.15% | 13.60% | 12.01% | 14.51% | 16.43% | 17.36% | 19.06% | 19.29% | 18.83% | 16.71% | 13.69% |
| Net profit margin | -8.04% | -11.21% | -15.66% | -20.99% | -21.16% | -19.68% | -13.90% | 10.05% | 7.87% | 10.16% | 11.92% | 8.86% | 11.11% | 13.36% | 12.86% | 18.54% | 18.57% | 16.81% | 15.62% | 9.00% |
Warner Bros. Discovery Inc's profitability ratios have shown a fluctuating trend over the past eight quarters.
The gross profit margin has been relatively stable, ranging from 37.40% to 45.88%. This indicates that Warner Bros. Discovery has been able to effectively manage its production costs and generate a consistent level of gross profit from its operations.
However, the operating profit margin has shown significant volatility, with values ranging from -10.80% to 15.07%. This suggests that Warner Bros. Discovery has struggled to control its operating expenses and maintain profitability at the operating level. The negative operating profit margins indicate that the company's operating expenses have exceeded its gross profit in some quarters.
Similarly, the pretax margin and net profit margin have also displayed inconsistency, with values fluctuating from -26.29% to 14.43% and from -21.51% to 8.61%, respectively. These margins indicate Warner Bros. Discovery's ability to generate profits after accounting for all expenses and taxes.
Overall, the declining trend in the operating profit margin, pretax margin, and net profit margin over the quarters suggests that Warner Bros. Discovery may be facing challenges in controlling costs and improving operational efficiency. It is important for the company to focus on optimizing its expenses and enhancing revenue generation to improve its profitability margins in the future.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -1.26% | -2.63% | -4.31% | -6.34% | -5.50% | -3.65% | -1.72% | 5.83% | 5.84% | 5.80% | 6.35% | 6.34% | 7.38% | 8.17% | 8.52% | 9.03% | 8.92% | 9.19% | 8.17% | 7.72% |
| Return on assets (ROA) | -2.55% | -3.90% | -5.22% | -6.81% | -5.50% | -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% |
| Return on total capital | -1.97% | -4.38% | -6.84% | -9.92% | -8.53% | -5.73% | -2.46% | 8.90% | 7.21% | 8.15% | 8.55% | 7.76% | 8.77% | 9.57% | 10.16% | 11.19% | 11.41% | 11.38% | 10.37% | 9.44% |
| Return on equity (ROE) | -6.91% | -10.78% | -14.78% | -19.13% | -15.65% | -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% |
Warner Bros. Discovery Inc's profitability ratios indicate a declining trend over the past eight quarters. The operating return on assets (Operating ROA) has experienced negative values ranging from -0.72% to -3.42%, indicating that the company's core operations have not been generating positive returns relative to its assets.
The return on assets (ROA) has also shown a negative trend, with values ranging from -2.55% to -6.81%, further highlighting the company's struggle to generate profits from its total assets. The return on total capital has followed a similar pattern, with negative values ranging from -1.00% to -4.68%, indicating that the company is not efficiently utilizing its total capital to generate returns.
Moreover, the return on equity (ROE) has exhibited the most significant decline, with values ranging from -6.91% to -19.13%, suggesting that shareholders' equity has not been generating positive returns for investors.
Overall, Warner Bros. Discovery Inc's profitability ratios reflect a concerning trend of declining performance and inefficiencies in converting assets and capital into profits. This deterioration in profitability metrics may signify challenges in the company's operations and overall financial health.
See also:
Warner Bros Discovery Inc Profitability Ratios (Quarterly Data)