Company / FCF Margin
Warner Bros. Discovery FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
8.3%
FY2025
5-year range
8.3% / 27.9%
FY2021-FY2025
Trend
-26.5%
vs FY2024
Sector context
#38 of 62
Communication Services
What the data says
At 8.3%, Warner Bros. Discovery's fcf margin ranks #38 of 62 in the Communication Services sector. FCF Margin has declined for 4 consecutive years, from 27.9% in FY2021 to 8.3% in FY2025.
Based on SEC 10-K filings.
8.3% in FY2025 with a 5-year CAGR of -14.7%.
Declined from 19.9% to 8.3% over the past 2 years.
Communication Services sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -13.6pp
- 5-Year Change
- -14.7pp
- 10-Year Change
- -
Sector benchmark
#38 of 62 in Communication ServicesTop 61% of 62This company 8.3% Sector average -96.4%
▼
+108.6% above sector average
Key checks
Key Insights
- Warner Bros. Discovery's fcf margin has declined for 4 consecutive years.
- In FY2025, fcf margin decreased 26.5% year-over-year.
- Currently 104.7pp above the Communication Services sector average.
- Peak fcf margin was recorded in FY2021.
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 | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 8.3% | -26.5% |
| FY2024 | 11.3% | -43.4% |
| FY2023 | 19.9% | -9.2% |
| FY2022 | 21.9% | -21.5% |
| FY2021 | 27.9% | +21.2% |
| FY2020 | 23.0% | +5.9% |
| FY2019 | 21.7% | -5.6% |
| FY2018 | 23.0% | +5.9% |
| FY2017 | 21.7% | +9.3% |
| FY2016 | 19.9% | -5.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026