Warner Bros. Discovery

Warner Bros. Discovery in Fortune Rankings

Warner Bros. Discovery is a global media and entertainment conglomerate with three main segments: studios, networks, and direct-to-consumer. These divisions produce, distribute, and license films and television programs; manage domestic and international TV networks and streaming services; and handle themed experiences and interactive gaming. The company owns an extensive portfolio of intellectual properties such as Batman, Superman, and Wonder Woman, as well as franchises including HBO Max, DC Studios, and Discovery Home Entertainment. In June 2025, the company announced plans to split into two publicly traded companies: one focused on streaming and studios; the other on global networks.

AaronP—Bauer-Griffin/GC Images

Updated:7/28/26
Country/Territory:U.S.
Headquarters:New York City
Industry:Entertainment
CEO:David M. Zaslav
Website:https://wbd.com

Ticker:WBD
Company type:Public
Revenues ($M):$37,296
Profits ($M):$727
Market value ($M):$67,918
Number of employees:35,500

Market value as of July 13, 2026.

Sector:Media and Entertainment
Industry:Entertainment
Industry Rank:7
Previous Industry Rank:8
Overall Score:6.07
Innovation:6
People Management:7

Use of Corporate Assets:7
Social Responsibility:6
Quality of Management:9
Financial Soundness:12
Long-Term Investment Value:10
Quality of Products/Services:5
Global Competitiveness:5

Sector:Media
Culture rank:191
Process rank:97
Product rank:73

$ Millions% change
Revenues ($M):$37,296-5.2%
Profits ($M):$727-
Assets ($M):$100,085-
Total Stockholder Equity ($M):$35,919-

Profit as % of Revenues:2%
Profits as % of Assets:0.7%
Profits as % of Stockholder Equity:2%

Earnings Per Share ($):0.30
EPS % Change (from prior fiscal year):-
EPS % Change (5 year annual rate):-30.7%
EPS % Change (10 year annual rate):-15.6%

Total Return to Investors (last year):172.7%
Total Return to Investors (5 year, annualized):-0.9%
Total Return to Investors (10 year, annualized):0.8%