Warner Bros Discovery Inc (WBD) — Free Cash Flow Generation Index

Latest as of December 2025: 0.77x

Warner Bros Discovery Inc (WBD) has a Free Cash Flow Generation Index of 0.77x as of December 2025. Free cash flow of $1.38 Billion represents 1% of operating cash flow ($1.80 Billion). Read WBD current and long-term liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.77x
Free Cash Flow / Operating CF

Free Cash Flow

$1.38 Billion
USD

Operating Cash Flow

$1.80 Billion
USD

Capital Expenditures

$421.00 Million
USD

Warner Bros Discovery Inc Free Cash Flow Generation Index (2003–2025)

Historical FCF Generation Index trend for Warner Bros Discovery Inc across 23 annual periods. Explore WBD capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Warner Bros Discovery Inc (2003–2025)

Year-by-year Free Cash Flow Generation Index for Warner Bros Discovery Inc. For the full company profile including market capitalisation, see Warner Bros Discovery Inc market cap and net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.71x $3.09 Billion $4.32 Billion $1.23 Billion ▼ -13.2%
2024 0.82x $4.43 Billion $5.38 Billion $948.00 Million ▼ 0.0%
2023 0.82x $6.16 Billion $7.48 Billion $1.32 Billion ▲ +6.9%
2022 0.77x $3.32 Billion $4.30 Billion $987.00 Million ▼ -11.1%
2021 0.87x $2.42 Billion $2.80 Billion $373.00 Million ▲ +1.6%
2020 0.85x $2.34 Billion $2.74 Billion $402.00 Million ▼ -6.7%
2019 0.91x $3.11 Billion $3.40 Billion $289.00 Million ▼ -3.0%
2018 0.94x $2.43 Billion $2.58 Billion $147.00 Million ▲ +2.8%
2017 0.92x $1.49 Billion $1.63 Billion $135.00 Million ▼ -2.0%
2016 0.94x $1.29 Billion $1.38 Billion $88.00 Million ▲ +1.7%
2015 0.92x $1.19 Billion $1.29 Billion $103.00 Million ▲ +1.3%
2014 0.91x $1.20 Billion $1.32 Billion $120.00 Million ▼ -0.2%
2013 0.91x $1.17 Billion $1.28 Billion $115.00 Million ▼ -2.1%
2012 0.93x $1.02 Billion $1.10 Billion $77.00 Million ▼ -1.8%
2011 0.95x $1.04 Billion $1.10 Billion $58.00 Million ▲ +2.2%
2010 0.93x $619.00 Million $668.00 Million $49.00 Million ▲ +1.3%
2009 0.91x $587.00 Million $642.00 Million $55.00 Million ▲ +11.4%
2008 0.82x $467.00 Million $569.00 Million $102.00 Million ▲ +367.8%
2007 0.18x $10.00 Million $57.00 Million $47.00 Million ▲ +424.6%
2006 -0.05x $-4.00 Million $74.00 Million $78.00 Million ▲ +11.9%
2005 -0.06x $-5.24 Million $85.29 Million $90.53 Million ▼ -114.8%
2004 0.42x $35.03 Million $84.32 Million $49.29 Million ▲ +222.9%
2003 0.13x $3.82 Million $29.68 Million $25.86 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).