Warner Bros. Discovery (MIL:1WBD) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


MIL:1WBD Warner Bros. Discovery Inc MIL:1WBD
29 GF Score
Price €23.60
GF Value €8.35
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Warner Bros. Discovery Dividend Payout Ratio?

Warner Bros. Discovery MIL:1WBD 29 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates MIL:1WBD with a GF Score™ of 29/100 and a GF Value™ of €8.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 326 Media - Diversified companies, Warner Bros. Discovery ranks worse than 306748.16% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Warner Bros. Discovery's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Warner Bros. Discovery's Dividend Payout Ratio or its related term are showing as below:


MIL:1WBD's Dividend Payout Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 0.5
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-06), the Dividend Yield % of Warner Bros. Discovery is 0.00%.

Warner Bros. Discovery's Dividends per Share for the months ended in Mar. 2026 was €0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Warner Bros. Discovery (MIL:1WBD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Warner Bros. Discovery Dividend Payout Ratio Related Terms


Warner Bros. Discovery Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Warner Bros. Discovery's Dividend Payout Ratio 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.

Warner Bros. Discovery Dividend Payout Ratio Chart

Warner Bros. Discovery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Warner Bros. Discovery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MIL:1WBD vs LYV, FWONA, FOXA: Dividend Payout Ratio Comparison

For the Entertainment subindustry, Warner Bros. Discovery's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Bros. Discovery's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Warner Bros. Discovery's Dividend Payout Ratio falls into.


MIL:1WBD
29GF Score
Warner Bros. Discovery Inc MIL:1WBD
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warner Bros. Discovery Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Warner Bros. Discovery's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ Earnings per Share (Diluted) (A: Dec. 2025 )
=0/ 0.248
=0.00

Warner Bros. Discovery's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ -0.009
=N/A

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Warner Bros. Discovery (MIL:1WBD) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Warner Bros. Discovery and its competitors. According to the industry distribution chart, Warner Bros. Discovery ranks #999999 out of 326 companies in the Media - Diversified industry.
Is Warner Bros. Discovery's Dividend Payout Ratio too high?
Warner Bros. Discovery's current Dividend Payout Ratio is 0.00. Based on the distribution chart, Warner Bros. Discovery ranks #999999 out of 326 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Warner Bros. Discovery has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warner Bros. Discovery's Dividend Payout Ratio compare to LYV and FWONA?
According to the Media - Diversified industry distribution chart, Warner Bros. Discovery ranks #999999 out of 326 companies for Dividend Payout Ratio. This places Warner Bros. Discovery in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Media - Diversified company?
The median Dividend Payout Ratio among Media - Diversified companies is 0.50, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Warner Bros. Discovery and its competitors. For the Media - Diversified industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Bros. Discovery's current Dividend Payout Ratio is 0.00. 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?
Based on GuruFocus' analysis, Warner Bros. Discovery (MIL:1WBD) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.35, compared to a current price of €23.60 — trading 182.6% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Warner Bros. Discovery's overall GF Score™ is 29/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Warner Bros. Discovery (MIL:1WBD), the current Dividend Payout Ratio is 0.00 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 (MIL:1WBD) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Bros. Discovery stock appears to be overvalued. The current stock price of €23.60 is trading 182.6% above its estimated GF Value™ of €8.35. GuruFocus considers Warner Bros. Discovery to be Significantly Overvalued.

Key valuation signals for MIL:1WBD:

  • Dividend Payout Ratio: 0.00
  • GF Value™: €8.35 vs. price of €23.60 (182.6% above fair value)
  • GF Score™: 29/100 with 6 warning signs

No single metric tells the full story. See the MIL:1WBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warner Bros. Discovery Business Description

Address 230 Park Avenue South, New York, NY, USA, 10003
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.
29GF Score

Get the complete analysis for MIL:1WBD

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.60
Price
€8.35
GF Value