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NMAX vs WBD

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
NMAX
Newsmax, Inc.

Broadcasting

Communication ServicesNYSE • US
Market Cap$794M
5Y Perf.-92.6%
WBD
Warner Bros. Discovery, Inc.

Entertainment

Communication ServicesNASDAQ • US
Market Cap$67.98B
5Y Perf.+152.7%

NMAX vs WBD — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
NMAX logoNMAX
WBD logoWBD
IndustryBroadcastingEntertainment
Market Cap$794M$67.98B
Revenue (TTM)$183M$37.21B
Net Income (TTM)$-105M$-2.15B
Gross Margin42.4%41.5%
Operating Margin-56.0%-4.0%
Forward P/E93.5x
Total Debt$4.10B$32.57B
Cash & Equiv.$24M$4.57B

NMAX vs WBDLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

NMAX
WBD
StockMar 25May 26Return
Newsmax, Inc. (NMAX)1007.4-92.6%
Warner Bros. Discov… (WBD)100252.7+152.7%

Price return only. Dividends and distributions are not included.

Quick Verdict: NMAX vs WBD

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: WBD leads in 4 of 6 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Newsmax, Inc. is the stronger pick specifically for growth and revenue expansion. As sector peers, any of these can serve as alternatives in the same allocation.
NMAX
Newsmax, Inc.
The Growth Play

NMAX is the clearest fit if your priority is growth exposure.

  • Rev growth 26.4%, EPS growth -67.6%
  • 26.4% revenue growth vs WBD's -5.1%
Best for: growth exposure
WBD
Warner Bros. Discovery, Inc.
The Income Pick

WBD carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • Dividend streak 1 yrs, beta 0.90
  • -3.7% 10Y total return vs NMAX's -92.6%
  • Lower volatility, beta 0.90, Low D/E 87.6%, current ratio 1.06x
Best for: income & stability and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthNMAX logoNMAX26.4% revenue growth vs WBD's -5.1%
Quality / MarginsWBD logoWBD-5.8% margin vs NMAX's -57.4%
Stability / SafetyWBD logoWBDBeta 0.90 vs NMAX's 1.64
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)WBD logoWBD+216.8% vs NMAX's -75.6%
Efficiency (ROA)WBD logoWBD-2.2% ROA vs NMAX's -44.9%, ROIC 1.5% vs -2.6%

NMAX vs WBD — Revenue Breakdown by Segment

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

NMAXNewsmax, Inc.

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

NMAX vs WBD — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLWBDLAGGINGNMAX

Income & Cash Flow (Last 12 Months)

Evenly matched — NMAX and WBD each lead in 3 of 6 comparable metrics.

WBD is the larger business by revenue, generating $37.2B annually — 203.8x NMAX's $183M. WBD is the more profitable business, keeping -5.8% of every revenue dollar as net income compared to NMAX's -57.4%.

MetricNMAX logoNMAXNewsmax, Inc.WBD logoWBDWarner Bros. Disc…
RevenueTrailing 12 months$183M$37.2B
EBITDAEarnings before interest/tax-$96M$7.5B
Net IncomeAfter-tax profit-$105M-$2.2B
Free Cash FlowCash after capex-$97M$2.3B
Gross MarginGross profit ÷ Revenue+42.4%+41.5%
Operating MarginEBIT ÷ Revenue-56.0%-4.0%
Net MarginNet income ÷ Revenue-57.4%-5.8%
FCF MarginFCF ÷ Revenue-53.0%+6.2%
Rev. Growth (YoY)Latest quarter vs prior year-0.7%-1.0%
EPS Growth (YoY)Latest quarter vs prior year+94.2%-5.5%
Evenly matched — NMAX and WBD each lead in 3 of 6 comparable metrics.

Valuation Metrics

Evenly matched — NMAX and WBD each lead in 1 of 2 comparable metrics.
MetricNMAX logoNMAXNewsmax, Inc.WBD logoWBDWarner Bros. Disc…
Market CapShares × price$794M$68.0B
Enterprise ValueMkt cap + debt − cash$4.9B$96.0B
Trailing P/EPrice ÷ TTM EPS-9.92x93.52x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple13.73x
Price / SalesMarket cap ÷ Revenue4.64x1.82x
Price / BookPrice ÷ Book value/share1.85x
Price / FCFMarket cap ÷ FCF22.02x
Evenly matched — NMAX and WBD each lead in 1 of 2 comparable metrics.

Profitability & Efficiency

WBD leads this category, winning 6 of 8 comparable metrics.

WBD delivers a -5.9% return on equity — every $100 of shareholder capital generates $-6 in annual profit, vs $-99 for NMAX. On the Piotroski fundamental quality scale (0–9), WBD scores 6/9 vs NMAX's 4/9, reflecting solid financial health.

MetricNMAX logoNMAXNewsmax, Inc.WBD logoWBDWarner Bros. Disc…
ROE (TTM)Return on equity-99.0%-5.9%
ROA (TTM)Return on assets-44.9%-2.2%
ROICReturn on invested capital-2.6%+1.5%
ROCEReturn on capital employed-3.2%+1.5%
Piotroski ScoreFundamental quality 0–946
Debt / EquityFinancial leverage0.88x
Net DebtTotal debt minus cash$4.1B$28.0B
Cash & Equiv.Liquid assets$24M$4.6B
Total DebtShort + long-term debt$4.1B$32.6B
Interest CoverageEBIT ÷ Interest expense-5459.30x3.56x
WBD leads this category, winning 6 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

WBD leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in WBD five years ago would be worth $7,220 today (with dividends reinvested), compared to $736 for NMAX. Over the past 12 months, WBD leads with a +216.8% total return vs NMAX's -75.6%. The 3-year compound annual growth rate (CAGR) favors WBD at 26.3% vs NMAX's -58.1% — a key indicator of consistent wealth creation.

MetricNMAX logoNMAXNewsmax, Inc.WBD logoWBDWarner Bros. Disc…
YTD ReturnYear-to-date-22.0%-4.9%
1-Year ReturnPast 12 months-75.6%+216.8%
3-Year ReturnCumulative with dividends-92.6%+101.5%
5-Year ReturnCumulative with dividends-92.6%-27.8%
10-Year ReturnCumulative with dividends-92.6%-3.7%
CAGR (3Y)Annualised 3-year return-58.1%+26.3%
WBD leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

WBD leads this category, winning 2 of 2 comparable metrics.

WBD is the less volatile stock with a 0.90 beta — it tends to amplify market swings less than NMAX's 1.64 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WBD currently trades 90.4% from its 52-week high vs NMAX's 22.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricNMAX logoNMAXNewsmax, Inc.WBD logoWBDWarner Bros. Disc…
Beta (5Y)Sensitivity to S&P 5001.64x0.90x
52-Week HighHighest price in past year$27.49$30.00
52-Week LowLowest price in past year$5.11$8.06
% of 52W HighCurrent price vs 52-week peak+22.4%+90.4%
RSI (14)Momentum oscillator 0–10046.148.9
Avg Volume (50D)Average daily shares traded1.7M22.2M
WBD leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.
MetricNMAX logoNMAXNewsmax, Inc.WBD logoWBDWarner Bros. Disc…
Analyst RatingConsensus buy/hold/sellHold
Price TargetConsensus 12-month target$29.94
# AnalystsCovering analysts32
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.
Key Takeaway

WBD leads in 3 of 6 categories — strongest in Profitability & Efficiency and Total Returns. 2 categories are tied.

Best OverallWarner Bros. Discovery, Inc. (WBD)Leads 3 of 6 categories
Loading custom metrics...

NMAX vs WBD: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is NMAX or WBD a better buy right now?

For growth investors, Newsmax, Inc.

(NMAX) is the stronger pick with 26. 4% revenue growth year-over-year, versus -5. 1% for Warner Bros. Discovery, Inc. (WBD). Warner Bros. Discovery, Inc. (WBD) offers the better valuation at 93. 5x trailing P/E, making it the more compelling value choice. Analysts rate Warner Bros. Discovery, Inc. (WBD) a "Hold" — based on 32 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 — NMAX or WBD?

Over the past 5 years, Warner Bros.

Discovery, Inc. (WBD) delivered a total return of -27. 8%, compared to -92. 6% for Newsmax, Inc. (NMAX). Over 10 years, the gap is even starker: WBD returned -3. 7% versus NMAX's -92. 6%. 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 — NMAX or WBD?

By beta (market sensitivity over 5 years), Warner Bros.

Discovery, Inc. (WBD) is the lower-risk stock at 0. 90β versus Newsmax, Inc. 's 1. 64β — meaning NMAX is approximately 82% more volatile than WBD relative to the S&P 500.

04

Which is growing faster — NMAX or WBD?

By revenue growth (latest reported year), Newsmax, Inc.

(NMAX) is pulling ahead at 26. 4% versus -5. 1% for Warner Bros. Discovery, Inc. (WBD). On earnings-per-share growth, the picture is similar: Warner Bros. Discovery, Inc. grew EPS 106. 3% year-over-year, compared to -67. 6% for Newsmax, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — NMAX or WBD?

Warner Bros.

Discovery, Inc. (WBD) is the more profitable company, earning 1. 9% net margin versus -42. 2% for Newsmax, Inc. — meaning it keeps 1. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WBD leads at 3. 5% versus -40. 8% for NMAX. At the gross margin level — before operating expenses — NMAX leads at 49. 1%, 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.

06

Which pays a better dividend — NMAX 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.

07

Is NMAX or WBD better for a retirement portfolio?

For long-horizon retirement investors, Warner Bros.

Discovery, Inc. (WBD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 90)). Newsmax, Inc. (NMAX) carries a higher beta of 1. 64 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (WBD: -3. 7%, NMAX: -92. 6%), 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.

08

What are the main differences between NMAX 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.

In terms of investment character: NMAX is a small-cap high-growth stock; WBD is a mid-cap quality compounder stock. 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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  • Sector: Communication Services
  • Market Cap > $100B
  • Gross Margin > 25%
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  • Sector: Communication Services
  • Market Cap > $100B
  • Gross Margin > 24%
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