Warner Bros Discovery Inc (WBD) — Cash Flow Reinvestment Rate
Warner Bros Discovery Inc (WBD) has a Cash Flow Reinvestment Rate of 0.34x as of June 2026, reinvesting $285.00 Million (capex $276.00 Million plus investments $9.00 Million) from operating cash flow of $848.00 Million. See how much free cash does Warner Bros Discovery Inc generate to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see Warner Bros Discovery Inc cash flow conversion.
Annual Cash Flow Reinvestment Rate for Warner Bros Discovery Inc (2003–2025)
Year-by-year capital reinvestment analysis for Warner Bros Discovery Inc. See financial flexibility index of Warner Bros Discovery Inc to measure the company's free cash flow as a share of total liabilities.
| 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 | — |