Company / Capital Expenditures
Warner Bros. Discovery Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$1.2B
FY2025
5-year range
$289.0M / $1.2B
FY2021-FY2025
Trend
+29.9%
vs FY2024
Sector context
#10 of 67
Communication Services
What the data says
Warner Bros. Discovery's capital expenditures of $1.2B is higher than 85% of companies in the Communication Services sector (FY2025). Capital Expenditures has fluctuated over the past 10 years, ranging from $88M in FY2016 to $1.2B in FY2025.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +53.0%. Top quartile in the Communication Services sector.
Improved from $373M to $1.2B over the past 2 years.
Communication Services sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +45.2%
- 5-Year CAGR
- +53.0%
- 10-Year CAGR
- -
Sector benchmark
-65.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +53.0%, indicating consistent growth.
- In FY2025, capital expenditures increased 29.9% year-over-year.
- Ranks #10 out of 67 companies in the Communication Services sector.
- Lowest capital expenditures in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.54 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +29.9% |
| FY2024 | $948.0M | +154.2% |
| FY2023 | $373.0M | -7.2% |
| FY2022 | $402.0M | +39.1% |
| FY2021 | $289.0M | +96.6% |
| FY2020 | $147.0M | +8.9% |
| FY2019 | $135.0M | -8.2% |
| FY2018 | $147.0M | +8.9% |
| FY2017 | $135.0M | +53.4% |
| FY2016 | $88.0M | -23.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026