Warner Bros Discovery Inc (WBD)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -3,126,000 | -4,827,000 | -6,718,000 | -8,896,000 | -7,371,000 | -5,232,000 | -2,768,000 | 1,322,000 | 1,006,000 | 1,239,000 | 1,383,000 | 982,000 | 1,219,000 | 1,424,000 | 1,386,000 | 2,062,000 | 2,069,000 | 1,862,000 | 1,717,000 | 986,000 |
| Total stockholders’ equity | US$ in thousands | 45,226,000 | 44,774,000 | 45,452,000 | 46,496,000 | 47,095,000 | 48,517,000 | 51,383,000 | 11,969,000 | 11,599,000 | 11,611,000 | 11,538,000 | 10,815,000 | 10,464,000 | 10,087,000 | 9,867,000 | 9,470,000 | 9,891,000 | 9,518,000 | 9,621,000 | 8,708,000 |
| 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% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-3,126,000K ÷ $45,226,000K
= -6.91%
Warner Bros. Discovery Inc's return on equity (ROE) has been fluctuating over the past eight quarters. The company experienced negative ROE figures in Q1 2023 to Q4 2023, with the lowest being -19.13% in Q1 2023. This indicates that the company is not efficiently utilizing its shareholder equity to generate profits during this period.
Comparing the recent ROE performance to the same quarters in the previous year, there has been a trend of deteriorating ROE from Q1 2022 to Q1 2023. This downward trend may suggest potential concerns regarding the company's profitability and efficiency in generating returns for its shareholders.
Overall, Warner Bros. Discovery Inc's ROE performance has shown a continuous decline, reflecting potential challenges in effectively utilizing shareholder equity to generate profits. It will be important for the company's management to address the underlying issues impacting its ROE performance in order to improve shareholder value and financial performance in the future.
Peer comparison
Dec 31, 2023
See also:
Warner Bros Discovery Inc Return on Equity (ROE) (Quarterly Data)