Warner Bros. Discovery Cash Flow Statement
WBD / Communication Services|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Warner Bros. Discovery generated $4.3B in operating cash flow and $3.1B in free cash flow in FY2025. Free cash flow margin was 8.3% of revenue.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $727.0M | -$11.3B | $1.0B | $1.2B | $2.1B | $594.0M | -$337.0M | $594.0M | -$337.0M | $1.2B | $1.1B | $1.1B | $1.1B | $943.0M | $549.0M |
| Depreciation & Amortization | $5.7B | $7.0B | $1.6B | $1.4B | $1.3B | $1.4B | $330.0M | $1.4B | $330.0M | $322.0M | $276.0M | $329.0M | $119.0M | $117.0M | $155.0M |
| Operating Cash Flow | $4.3B | $5.4B | $2.8B | $2.7B | $3.4B | $2.6B | $1.6B | $2.6B | $1.6B | $1.4B | $1.3B | $1.3B | $1.1B | $1.1B | $642.0M |
| Capital Expenditures | $1.2B | $948.0M | $373.0M | $402.0M | $289.0M | $147.0M | $135.0M | $147.0M | $135.0M | $88.0M | $115.0M | $120.0M | $58.0M | $77.0M | $55.0M |
| Free Cash Flow | $3.1B | $4.4B | $2.4B | $2.3B | $3.1B | $2.4B | $1.5B | $2.4B | $1.5B | $1.3B | $1.2B | $1.2B | $1.0B | $1.0B | $587.0M |
| Share Buybacks | - | - | - | $969.0M | $633.0M | $0 | $603.0M | $0 | $603.0M | $1.4B | $1.0B | $1.2B | $997.0M | $1.4B | $605.0M |
| FCF Margin | 8.3% | 11.3% | 19.9% | 21.9% | 27.9% | 23.0% | 21.7% | 23.0% | 21.7% | 19.9% | 21.1% | 19.1% | 25.0% | 22.8% | 17.0% |