Company / Working Capital
Warner Bros. Discovery Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$706.0M
FY2025
5-year range
-$1.7B / $3.8B
FY2021-FY2025
Trend
+140.8%
vs FY2024
Sector context
#16 of 77
Communication Services
What the data says
Warner Bros. Discovery's working capital of $706M is higher than 79% of companies in the Communication Services sector (FY2025). Working Capital returned to growth in FY2025 after 3 years of decline, reaching $706M.
Based on SEC 10-K filings.
$706M in FY2025 with a 5-year CAGR of -25.4%. Top quartile in the Communication Services sector.
Improved from -$1.1B to $706M over the past 2 years.
Communication Services sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -25.4%
- 10-Year CAGR
- -
Sector benchmark
-66.1% below sector average
Key checks
Key Insights
- 5-year CAGR of -25.4%, indicating a declining trend.
- In FY2025, working capital increased 140.8% year-over-year.
- Ranks #16 out of 77 companies in the Communication Services sector.
- Peak working capital was recorded in FY2017.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $706.0M | +140.8% |
| FY2024 | -$1.7B | -55.5% |
| FY2023 | -$1.1B | -9.4% |
| FY2022 | -$1.0B | -126.8% |
| FY2021 | $3.8B | +24.8% |
| FY2020 | $3.0B | +54.1% |
| FY2019 | $2.0B | +745.3% |
| FY2018 | $234.0M | -97.1% |
| FY2017 | $8.1B | +762.9% |
| FY2016 | $941.0M | -7.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026