Warner Bros Discovery Inc (WBD) — Cash Flow Reinvestment Rate
Warner Bros Discovery Inc (WBD) has a Cash Flow Reinvestment Rate of 0.25x as of December 2025, reinvesting $447.00 Million (capex $421.00 Million plus investments $26.00 Million) from operating cash flow of $1.80 Billion. Explore Warner Bros Discovery Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Warner Bros Discovery Inc Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Warner Bros Discovery Inc across 23 annual periods. Also explore Warner Bros Discovery Inc assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Warner Bros Discovery Inc (2003–2025)
Year-by-year capital reinvestment analysis for Warner Bros Discovery Inc. For live market cap and broader valuation context, see WBD stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.30x | $1.31 Billion | $4.32 Billion | $1.23 Billion | ▲ +25.8% |
| 2024 | 0.24x | $1.30 Billion | $5.38 Billion | $948.00 Million | ▼ -29.9% |
| 2023 | 0.34x | $2.58 Billion | $7.48 Billion | $1.32 Billion | ▼ -21.0% |
| 2022 | 0.44x | $1.88 Billion | $4.30 Billion | $987.00 Million | ▲ +184.4% |
| 2021 | 0.15x | $429.00 Million | $2.80 Billion | $373.00 Million | ▼ -62.0% |
| 2020 | 0.40x | $1.10 Billion | $2.74 Billion | $402.00 Million | ▲ +88.6% |
| 2019 | 0.21x | $727.00 Million | $3.40 Billion | $289.00 Million | ▼ -93.7% |
| 2018 | 3.39x | $8.74 Billion | $2.58 Billion | $147.00 Million | ▲ +3994.0% |
| 2017 | 0.08x | $135.00 Million | $1.63 Billion | $135.00 Million | ▲ +30.0% |
| 2016 | 0.06x | $88.00 Million | $1.38 Billion | $88.00 Million | ▼ -19.9% |
| 2015 | 0.08x | $103.00 Million | $1.29 Billion | $103.00 Million | ▼ -12.6% |
| 2014 | 0.09x | $120.00 Million | $1.32 Billion | $120.00 Million | ▲ +1.7% |
| 2013 | 0.09x | $115.00 Million | $1.28 Billion | $115.00 Million | ▲ +27.7% |
| 2012 | 0.07x | $77.00 Million | $1.10 Billion | $77.00 Million | ▲ +32.9% |
| 2011 | 0.05x | $58.00 Million | $1.10 Billion | $58.00 Million | ▼ -28.1% |
| 2010 | 0.07x | $49.00 Million | $668.00 Million | $49.00 Million | ▼ -14.4% |
| 2009 | 0.09x | $55.00 Million | $642.00 Million | $55.00 Million | ▼ -52.2% |
| 2008 | 0.18x | $102.00 Million | $569.00 Million | $102.00 Million | ▼ -78.3% |
| 2007 | 0.82x | $47.00 Million | $57.00 Million | $47.00 Million | ▼ -21.8% |
| 2006 | 1.05x | $78.00 Million | $74.00 Million | $78.00 Million | ▼ -0.7% |
| 2005 | 1.06x | $90.53 Million | $85.29 Million | $90.53 Million | ▲ +81.6% |
| 2004 | 0.58x | $49.29 Million | $84.32 Million | $49.29 Million | ▼ -32.9% |
| 2003 | 0.87x | $25.86 Million | $29.68 Million | $25.86 Million | — |