Warner Bros. Discovery, Inc. (WBD) Return on equity 2016–2025
Warner Bros. Discovery, Inc. (WBD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
2.0%FY2025 · since FY2016: 23.1% → 2.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 2.0% | +35.3 pp |
| FY2024 | -33.2% | -26.3 pp |
| FY2023 | -6.9% | +8.7 pp |
| FY2022 | -15.7% | -24.3 pp |
| FY2021 | 8.7% | -3.0 pp |
| FY2020 | 11.6% | -9.3 pp |
| FY2019 | 20.9% | +13.8 pp |
| FY2018 | 7.1% | +14.4 pp |
| FY2017 | -7.3% | -30.4 pp |
| FY2016 | 23.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice