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. Check Warner Bros Discovery Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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. Explore long-term investment intensity of Warner Bros Discovery Inc to see how much of total assets are deployed in long-term investments.
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 Warner Bros Discovery Inc stock valuation.
| 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 | — |