Comprehensive Stock Comparison

Compare Liberty Live Group (LLYVK) vs Warner Bros. Discovery, Inc. (WBD) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
ValueLLYVKBetter valuation composite
Stability / SafetyLLYVKBeta 0.94 vs WBD's 1.73
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)WBD+145.8% vs LLYVK's +35.8%
Efficiency (ROA)WBD0.5% ROA vs LLYVK's -19.2%, ROIC -9.7% vs -29.8%
Bottom line: LLYVK and WBD each win 2 categories — the better choice depends on your priorities. Warner Bros. Discovery, Inc. is the better choice for recent price momentum and sentiment and operational efficiency and capital deployment. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

LLYVKLiberty Live Group
Communication Services

Liberty Live Group is a live entertainment company that produces and promotes concerts, festivals, and other live events. It generates revenue primarily from ticket sales, venue operations, and sponsorship deals — with ticket sales typically representing the largest portion. The company's competitive advantage lies in its established relationships with major artists, exclusive venue partnerships, and expertise in large-scale event production.

WBDWarner Bros. Discovery, Inc.
Communication Services

Warner Bros. Discovery is a global media and entertainment conglomerate that produces and distributes content across film, television, and streaming platforms. It generates revenue primarily through three segments: Studios (film and TV production), Networks (cable and broadcast channels), and Direct-to-Consumer (streaming services like Max and discovery+). The company's key advantage is its massive content library and iconic franchises — including DC, Harry Potter, HBO originals, and Discovery's unscripted programming — which create a deep moat in an increasingly competitive streaming landscape.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

LLYVKLiberty Live Group

Segment breakdown not available.

WBDWarner Bros. Discovery, Inc.
FY 2024
Distribution Revenue
50.1%$19.7B
Content Licensing Contracts
26.2%$10.3B
Advertising
20.6%$8.1B
Service, Other
3.1%$1.2B

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

LLYVK 4WBD 1
Financial MetricsLLYVK1/1 metrics
Valuation MetricsLLYVK1/1 metrics
Profitability & EfficiencyWBD4/7 metrics
Total ReturnsLLYVK5/6 metrics
Risk & VolatilityLLYVK2/2 metrics
Analyst Outlook0/0 metrics

LLYVK leads in 4 of 6 categories (Financial Metrics, Valuation Metrics). WBD leads in 1 (Profitability & Efficiency).

Financial Metrics (TTM)

WBD and LLYVK operate at a comparable scale, with $37.9B and -$2.7B in trailing revenue.

MetricLLYVKLiberty Live GroupWBDWarner Bros. Disc…
RevenueTrailing 12 months-$2.7B$37.9B
EBITDAEarnings before interest/tax$179M$16.4B
Net IncomeAfter-tax profit-$203M$485M
Free Cash FlowCash after capex$403M$4.1B
Gross MarginGross profit ÷ Revenue+44.0%
Operating MarginEBIT ÷ Revenue+1.5%
Net MarginNet income ÷ Revenue+1.3%
FCF MarginFCF ÷ Revenue+10.9%
Rev. Growth (YoY)Latest quarter vs prior year-6.0%
EPS Growth (YoY)Latest quarter vs prior year+83.8%-2.1%
LLYVK leads this category, winning 1 of 1 comparable metric.

Valuation Metrics

MetricLLYVKLiberty Live GroupWBDWarner Bros. Disc…
Market CapShares × price$6.4B$76.3B
Enterprise ValueMkt cap + debt − cash$5.3B$110.5B
Trailing P/EPrice ÷ TTM EPS-6.10x
Forward P/EPrice ÷ next-FY EPS est.50.33x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple10.09x
Price / SalesMarket cap ÷ Revenue1.94x
Price / BookPrice ÷ Book value/share1.98x
Price / FCFMarket cap ÷ FCF7.00x17.23x
LLYVK leads this category, winning 1 of 1 comparable metric.

Profitability & Efficiency

On the Piotroski fundamental quality scale (0–9), WBD scores 4/9 vs LLYVK's 3/9, reflecting mixed financial health.

MetricLLYVKLiberty Live GroupWBDWarner Bros. Disc…
ROE (TTM)Return on equity+1.3%
ROA (TTM)Return on assets-19.2%+0.5%
ROICReturn on invested capital-29.8%-9.7%
ROCEReturn on capital employed-3.1%-10.2%
Piotroski ScoreFundamental quality 0–934
Debt / EquityFinancial leverage1.13x
Net DebtTotal debt minus cash-$1.1B$34.2B
Cash & Equiv.Liquid assets$1.1B$5.3B
Total DebtShort + long-term debt$0$39.5B
Interest CoverageEBIT ÷ Interest expense-0.83x1.85x
WBD leads this category, winning 4 of 7 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in LLYVK five years ago would be worth $29,474 today (with dividends reinvested), compared to $4,842 for WBD. Over the past 12 months, WBD leads with a +145.8% total return vs LLYVK's +35.8%. The 3-year compound annual growth rate (CAGR) favors LLYVK at 43.4% vs WBD's 21.7% — a key indicator of consistent wealth creation.

MetricLLYVKLiberty Live GroupWBDWarner Bros. Disc…
YTD ReturnYear-to-date+18.4%-1.2%
1-Year ReturnPast 12 months+35.8%+145.8%
3-Year ReturnCumulative with dividends+194.7%+80.3%
5-Year ReturnCumulative with dividends+194.7%-51.6%
10-Year ReturnCumulative with dividends+194.7%+12.7%
CAGR (3Y)Annualised 3-year return+43.4%+21.7%
LLYVK leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

LLYVK is the less volatile stock with a 0.94 beta — it tends to amplify market swings less than WBD's 1.73 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. LLYVK currently trades 97.1% from its 52-week high vs WBD's 93.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricLLYVKLiberty Live GroupWBDWarner Bros. Disc…
Beta (5Y)Sensitivity to S&P 5000.94x1.73x
52-Week HighHighest price in past year$102.62$30.00
52-Week LowLowest price in past year$60.55$7.52
% of 52W HighCurrent price vs 52-week peak+97.1%+93.9%
RSI (14)Momentum oscillator 0–10070.258.5
Avg Volume (50D)Average daily shares traded355K20.9M
LLYVK leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

MetricLLYVKLiberty Live GroupWBDWarner Bros. Disc…
Analyst RatingConsensus buy/hold/sellHold
Price TargetConsensus 12-month target$25.59
# AnalystsCovering analysts31
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises1
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockAug 23Feb 26Change
Liberty Live Group (LLYVK)100245.16+145.2%
Warner Bros. Discov… (WBD)100238.06+138.1%

Liberty Live Group (LLYVK) returned +195% over 5 years vs Warner Bros. Discov… (WBD)'s -52%. A $10,000 investment in LLYVK 5 years ago would be worth $29,474 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Liberty Live Group (LLYVK)$0.00$0.00
Warner Bros. Discov… (WBD)$6.5B$39.3B+505.2%

Chart 3P/E Ratio History — 4 Years

Stock20182021Change
Warner Bros. Discov… (WBD)28.815.3-46.9%

Warner Bros. Discovery, Inc. has traded in a 11x–29x P/E range over 4 years; current trailing P/E is ~-6x.

Chart 4EPS Growth — 10 Years

Stock20162025Change
Liberty Live Group (LLYVK)-00+100.0%
Warner Bros. Discov… (WBD)1.96-4.62-335.7%

Chart 5Free Cash Flow — 5 Years

2021
$-25M
$2B
2022
$-8M
$3B
2023
$0M
$6B
2024
$-14M
$4B
2025
$908M
Liberty Live Group (LLYVK)Warner Bros. Discov… (WBD)

Liberty Live Group generated $908M FCF in 2025 (+3732% vs 2021). Warner Bros. Discovery, Inc. generated $4B FCF in 2024 (+83% vs 2021).

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LLYVK vs WBD: Frequently Asked Questions

7 questions · data-driven answers · updated daily

01

Is LLYVK or WBD a better buy right now?

Analysts rate Warner Bros. Discovery, Inc. (WBD) a "Hold" — based on 31 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — LLYVK or WBD?

Over the past 5 years, Liberty Live Group (LLYVK) delivered a total return of +194.7%, compared to -51.6% for Warner Bros. Discovery, Inc. (WBD). A $10,000 investment in LLYVK five years ago would be worth approximately $29K today (assuming dividends reinvested). Over 10 years, the gap is even starker: LLYVK returned +194.7% versus WBD's +12.7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — LLYVK or WBD?

By beta (market sensitivity over 5 years), Liberty Live Group (LLYVK) is the lower-risk stock at 0.94β versus Warner Bros. Discovery, Inc.'s 1.73β — meaning WBD is approximately 84% more volatile than LLYVK relative to the S&P 500.

04

Which has better profit margins — LLYVK or WBD?

Liberty Live Group (LLYVK) is the more profitable company, earning 0.0% net margin versus -28.8% for Warner Bros. Discovery, Inc. — meaning it keeps 0.0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LLYVK leads at 0.0% versus -25.5% for WBD. At the gross margin level — before operating expenses — WBD leads at 41.6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

05

Which pays a better dividend — LLYVK or WBD?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

06

Is LLYVK or WBD better for a retirement portfolio?

For long-horizon retirement investors, Liberty Live Group (LLYVK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.94), +194.7% 10Y return). Warner Bros. Discovery, Inc. (WBD) carries a higher beta of 1.73 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LLYVK: +194.7%, WBD: +12.7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

07

What are the main differences between LLYVK and WBD?

Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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