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Warner Bros. DiscoveryXSWX:WBD 60 Debt-to-EBITDA is 6.84 as of Mar. 2026, which is 207% above its 10-year median of 2.23. GuruFocus rates XSWX:WBD with a GF Score™ of 60/100 and a GF Value™ of CHF7.94. The stock has 7 warning signs investors should review. Among 677 Media - Diversified companies, Warner Bros. Discovery ranks worse than 53.18% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Warner Bros. Discovery's Debt-to-EBITDA or its related term are showing as below:
XSWX:WBD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.53 Med: 2.23 Max: 5.74
Current: 1.83
During the past 13 years, the highest Debt-to-EBITDA Ratio of Warner Bros. Discovery was 5.74. The lowest was 1.53. And the median was 2.23.
XSWX:WBD's Debt-to-EBITDA is ranked worse than 53.18% of 677
companies
in the Media - Diversified industry
Industry Median: 1.66
vs XSWX:WBD: 1.83
Warner Bros. Discovery (XSWX:WBD) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Warner Bros. Discovery Debt-to-EBITDA Related Terms
Warner Bros. Discovery Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Warner Bros. Discovery's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:WBD vs LYV, FWONA, FOXA: Debt-to-EBITDA Comparison
For the Entertainment subindustry, Warner Bros. Discovery's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Warner Bros. Discovery Debt-to-EBITDA vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Warner Bros. Discovery's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Warner Bros. Discovery's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Warner Bros. Discovery (XSWX:WBD) has a Debt-to-EBITDA of 6.84 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Warner Bros. Discovery. This is 207% above median its historical median of 2.23. Over the past decade, Warner Bros. Discovery's Debt-to-EBITDA has ranged from 1.53 to 5.74. According to the industry distribution chart, Warner Bros. Discovery ranks #360 out of 677 companies in the Media - Diversified industry, placing it in the top 53.2%.
Is Warner Bros. Discovery's Debt-to-EBITDA too high?
Warner Bros. Discovery's current Debt-to-EBITDA of 6.84 is 207% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 5.74. The Media - Diversified industry median Debt-to-EBITDA is 1.66. Warner Bros. Discovery's value of 6.84 is 312% above this industry median. Based on the distribution chart, Warner Bros. Discovery ranks #360 out of 677 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Warner Bros. Discovery has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Warner Bros. Discovery's Debt-to-EBITDA compare to LYV and FWONA?
According to the Media - Diversified industry distribution chart, Warner Bros. Discovery ranks #360 out of 677 companies for Debt-to-EBITDA. This places Warner Bros. Discovery in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. Warner Bros. Discovery's value of 6.84 is 312% above this benchmark. Historically, Warner Bros. Discovery's own Debt-to-EBITDA has ranged from 1.53 to 5.74 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.66, Warner Bros. Discovery has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.66, based on 677 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Warner Bros. Discovery's current Debt-to-EBITDA of 6.84 is 312% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Warner Bros. Discovery. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Bros. Discovery's current Debt-to-EBITDA is 6.84, which is 207% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Bros. Discovery stock overvalued right now?
Warner Bros. Discovery (XSWX:WBD) has a current Debt-to-EBITDA of 6.84. The stock's GF Value™ is CHF7.94, compared to a current price of CHF21.94 — trading 176.3% above its estimated fair value. The current Debt-to-EBITDA is 6.84, which is 207% above median its 10-year median of 2.23 and 312% above the Media - Diversified industry median of 1.66. Warner Bros. Discovery's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Warner Bros. Discovery (XSWX:WBD), the current Debt-to-EBITDA is 6.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Warner Bros. Discovery (XSWX:WBD) Overvalued in 2026?
Based on GuruFocus' analysis, Warner Bros. Discovery stock appears to be overvalued.
The current stock price of CHF21.94 is trading 176.3% above its estimated GF Value™ of CHF7.94.
Key valuation signals for XSWX:WBD:
Debt-to-EBITDA: 6.84 (207% above median its 10-year median of 2.23)
GF Value™: CHF7.94 vs. price of CHF21.94 (176.3% above fair value)
Industry Position: 312% above the Media - Diversified median (#360 of 677)
No single metric tells the full story. See the XSWX:WBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.
60GF Score
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