Entertainment
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DIS vs WBD
Revenue, margins, valuation, and 5-year total return — side by side.
Entertainment
DIS vs WBD — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Entertainment | Entertainment |
| Market Cap | $179.29B | $77.22B |
| Revenue (TTM) | $98.86B | $36.12B |
| Net Income (TTM) | $8.60B | $-3.17B |
| Gross Margin | 37.6% | 43.4% |
| Operating Margin | 16.0% | 5.4% |
| Forward P/E | 15.0x | 106.2x |
| Total Debt | $45.42B | $32.57B |
| Cash & Equiv. | $5.70B | $4.57B |
DIS vs WBD — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 20 | Sep 26 | Return |
|---|---|---|---|
| The Walt Disney Com… (DIS) | 100 | 83.7 | -16.3% |
| Warner Bros. Discov… (WBD) | 100 | 141.6 | +41.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: DIS vs WBD
Each card shows where this stock fits in a portfolio — not just who wins on paper.
DIS carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 0.63, yield 1.0%
- Rev growth 3.4%, EPS growth 151.8%, 3Y rev CAGR 4.5%
- 20.9% 10Y total return vs WBD's 19.9%
WBD is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.43, Low D/E 87.6%, current ratio 1.06x
- Beta 0.43, current ratio 1.06x
- Beta 0.43 vs DIS's 0.63
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.4% revenue growth vs WBD's -5.1% | |
| Value | Lower P/E (14.9x vs 106.2x) | |
| Quality / Margins | 8.7% margin vs WBD's -8.8% | |
| Stability / Safety | Beta 0.43 vs DIS's 0.63 | |
| Dividends | 1.0% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +57.2% vs DIS's -6.4% | |
| Efficiency (ROA) | 4.2% ROA vs WBD's -3.2%, ROIC 6.8% vs 1.5% |
DIS vs WBD — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
DIS vs WBD — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DIS leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DIS is the larger business by revenue, generating $98.9B annually — 2.7x WBD's $36.1B. DIS is the more profitable business, keeping 8.7% of every revenue dollar as net income compared to WBD's -8.8%. On growth, DIS holds the edge at +6.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $98.9B | $36.1B |
| EBITDAEarnings before interest/tax | $21.4B | $9.5B |
| Net IncomeAfter-tax profit | $8.6B | -$3.2B |
| Free Cash FlowCash after capex | $8.3B | $2.2B |
| Gross MarginGross profit ÷ Revenue | +37.6% | +43.4% |
| Operating MarginEBIT ÷ Revenue | +16.0% | +5.4% |
| Net MarginNet income ÷ Revenue | +8.7% | -8.8% |
| FCF MarginFCF ÷ Revenue | +8.4% | +6.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.8% | -11.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -48.3% | -90.5% |
Valuation Metrics
DIS leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 15.1x trailing earnings, DIS trades at a 86% valuation discount to WBD's 106.2x P/E. On an enterprise value basis, DIS's 11.4x EV/EBITDA is more attractive than WBD's 15.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $179.3B | $77.2B |
| Enterprise ValueMkt cap + debt − cash | $219.0B | $105.2B |
| Trailing P/EPrice ÷ TTM EPS | 15.07x | 106.21x |
| Forward P/EPrice ÷ next-FY EPS est. | 15.02x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 11.43x | 15.05x |
| Price / SalesMarket cap ÷ Revenue | 1.90x | 2.07x |
| Price / BookPrice ÷ Book value/share | 1.63x | 2.10x |
| Price / FCFMarket cap ÷ FCF | 17.79x | 25.01x |
Profitability & Efficiency
DIS leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
DIS delivers a 7.5% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-9 for WBD. DIS carries lower financial leverage with a 0.40x debt-to-equity ratio, signaling a more conservative balance sheet compared to WBD's 0.88x. On the Piotroski fundamental quality scale (0–9), DIS scores 8/9 vs WBD's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +7.5% | -8.9% |
| ROA (TTM)Return on assets | +4.2% | -3.2% |
| ROICReturn on invested capital | +6.8% | +1.5% |
| ROCEReturn on capital employed | +8.5% | +1.5% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 6 |
| Debt / EquityFinancial leverage | 0.40x | 0.88x |
| Net DebtTotal debt minus cash | $39.7B | $28.0B |
| Cash & Equiv.Liquid assets | $5.7B | $4.6B |
| Total DebtShort + long-term debt | $45.4B | $32.6B |
| Interest CoverageEBIT ÷ Interest expense | 10.27x | -0.68x |
Total Returns (Dividends Reinvested)
WBD leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WBD five years ago would be worth $12,119 today (with dividends reinvested), compared to $6,166 for DIS. Over the past 12 months, WBD leads with a +57.2% total return vs DIS's -6.4%. The 3-year compound annual growth rate (CAGR) favors WBD at 40.6% vs DIS's 9.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -6.5% | +8.1% |
| 1-Year ReturnPast 12 months | -6.4% | +57.2% |
| 3-Year ReturnCumulative with dividends | +31.8% | +177.7% |
| 5-Year ReturnCumulative with dividends | -38.3% | +21.2% |
| 10-Year ReturnCumulative with dividends | +20.9% | +19.9% |
| CAGR (3Y)Annualised 3-year return | +9.6% | +40.6% |
Risk & Volatility
WBD leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WBD is the less volatile stock with a 0.43 beta — it tends to amplify market swings less than DIS's 0.63 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WBD currently trades 99.7% from its 52-week high vs DIS's 88.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.63x | 0.43x |
| 52-Week HighHighest price in past year | $117.09 | $30.92 |
| 52-Week LowLowest price in past year | $92.19 | $17.08 |
| % of 52W HighCurrent price vs 52-week peak | +88.7% | +99.7% |
| RSI (14)Momentum oscillator 0–100 | 47.1 | 75.9 |
| Avg Volume (50D)Average daily shares traded | 9.5M | 27.3M |
Analyst Outlook
DIS leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates DIS as "Buy" and WBD as "Hold". Consensus price targets imply 22.3% upside for DIS (target: $126) vs 0.6% for WBD (target: $31). DIS is the only dividend payer here at 0.96% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $126.30 | $31.00 |
| # AnalystsCovering analysts | 64 | 32 |
| Dividend YieldAnnual dividend ÷ price | +1.0% | — |
| Dividend StreakConsecutive years of raises | 2 | 0 |
| Dividend / ShareAnnual DPS | $1.00 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +1.9% | 0.0% |
DIS leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). WBD leads in 2 (Total Returns, Risk & Volatility).
Custom Comparison: DIS vs WBD
Compare on any lens — Growth, Value, Income, or pick from 130+ individual metrics.
DIS vs WBD: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is DIS or WBD a better buy right now?
For growth investors, The Walt Disney Company (DIS) is the stronger pick with 3.
4% revenue growth year-over-year, versus -5. 1% for Warner Bros. Discovery, Inc. (WBD). The Walt Disney Company (DIS) offers the better valuation at 15. 1x trailing P/E (15. 0x forward), making it the more compelling value choice. Analysts rate The Walt Disney Company (DIS) a "Buy" — based on 64 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.
02Which has the better valuation — DIS or WBD?
On trailing P/E, The Walt Disney Company (DIS) is the cheapest at 15.
1x versus Warner Bros. Discovery, Inc. at 106. 2x.
03Which is the better long-term investment — DIS or WBD?
Over the past 5 years, Warner Bros.
Discovery, Inc. (WBD) delivered a total return of +21. 2%, compared to -38. 3% for The Walt Disney Company (DIS). Over 10 years, the gap is even starker: DIS returned +20. 9% versus WBD's +19. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — DIS or WBD?
By beta (market sensitivity over 5 years), Warner Bros.
Discovery, Inc. (WBD) is the lower-risk stock at 0. 43β versus The Walt Disney Company's 0. 63β — meaning DIS is approximately 45% more volatile than WBD relative to the S&P 500. On balance sheet safety, The Walt Disney Company (DIS) carries a lower debt/equity ratio of 40% versus 88% for Warner Bros. Discovery, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — DIS or WBD?
By revenue growth (latest reported year), The Walt Disney Company (DIS) is pulling ahead at 3.
4% versus -5. 1% for Warner Bros. Discovery, Inc. (WBD). On earnings-per-share growth, the picture is similar: The Walt Disney Company grew EPS 151. 8% year-over-year, compared to 106. 3% for Warner Bros. Discovery, Inc.. Over a 3-year CAGR, DIS leads at 4. 5% annualised revenue growth. 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.
06Which has better profit margins — DIS or WBD?
The Walt Disney Company (DIS) is the more profitable company, earning 13.
1% net margin versus 1. 9% for Warner Bros. Discovery, Inc. — meaning it keeps 13. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DIS leads at 14. 6% versus 3. 5% for WBD. At the gross margin level — before operating expenses — DIS leads at 37. 8%, 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.
07Is DIS or WBD more undervalued right now?
Analyst consensus price targets imply the most upside for DIS: 22.
3% to $126. 30.
08Which pays a better dividend — DIS or WBD?
In this comparison, DIS (1.
0% yield) pays a dividend. WBD does not pay a meaningful dividend and should not be held primarily for income.
09Is DIS or WBD better for a retirement portfolio?
For long-horizon retirement investors, The Walt Disney Company (DIS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
63), 1. 0% yield). Both have compounded well over 10 years (DIS: +20. 9%, WBD: +19. 9%), 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.
10What are the main differences between DIS 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: DIS is a mid-cap deep-value stock; WBD is a mid-cap quality compounder stock. DIS pays a dividend while WBD does not, making them suitable for different income and tax situations. 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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