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PARA vs. WBD
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

PARA vs. WBD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Paramount Global Class B (PARA) and Warner Bros. Discovery, Inc. (WBD). The values are adjusted to include any dividend payments, if applicable.

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PARA vs. WBD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PARA
Paramount Global Class B
0.00%6.45%-27.96%-10.43%-41.80%-17.17%-7.58%-2.34%-24.86%-6.17%
WBD
Warner Bros. Discovery, Inc.
-4.61%172.66%-7.12%20.04%-59.73%-21.77%-8.09%32.34%10.55%-18.35%

Fundamentals

Market Cap

PARA:

$12.23B

WBD:

$69.55B

EPS

PARA:

-$0.65

WBD:

$1.01

PS Ratio

PARA:

0.37

WBD:

1.84

PB Ratio

PARA:

1.05

WBD:

1.94

Total Revenue (TTM)

PARA:

$28.89B

WBD:

$37.30B

Gross Profit (TTM)

PARA:

$8.54B

WBD:

$16.41B

EBITDA (TTM)

PARA:

$2.64B

WBD:

$15.03B

Returns By Period


PARA

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

WBD

1D
0.11%
1M
-3.54%
YTD
-4.61%
6M
42.07%
1Y
169.25%
3Y*
22.10%
5Y*
-8.69%
10Y*
-0.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

PARA vs. WBD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PARA

WBD
WBD Risk / Return Rank: 9696
Overall Rank
WBD Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
WBD Sortino Ratio Rank: 9696
Sortino Ratio Rank
WBD Omega Ratio Rank: 9696
Omega Ratio Rank
WBD Calmar Ratio Rank: 9595
Calmar Ratio Rank
WBD Martin Ratio Rank: 9595
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PARA vs. WBD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Paramount Global Class B (PARA) and Warner Bros. Discovery, Inc. (WBD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PARA vs. WBD - Sharpe Ratio Comparison


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Sharpe Ratios by Period


PARAWBDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.94

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.08

Correlation

The correlation between PARA and WBD is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

PARA vs. WBD - Dividend Comparison

PARA's dividend yield for the trailing twelve months is around 0.45%, while WBD has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
PARA
Paramount Global Class B
0.45%0.91%1.91%2.64%5.69%3.18%2.58%1.86%1.65%1.22%1.04%1.27%
WBD
Warner Bros. Discovery, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PARA vs. WBD - Drawdown Comparison


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Drawdown Indicators


PARAWBDDifference

Max Drawdown

Largest peak-to-trough decline

-92.58%

Max Drawdown (1Y)

Largest decline over 1 year

-27.18%

Max Drawdown (5Y)

Largest decline over 5 years

-84.54%

Max Drawdown (10Y)

Largest decline over 10 years

-91.32%

Current Drawdown

Current decline from peak

-69.61%

Average Drawdown

Average peak-to-trough decline

-46.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.59%

Volatility

PARA vs. WBD - Volatility Comparison


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Volatility by Period


PARAWBDDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.45%

Volatility (6M)

Calculated over the trailing 6-month period

21.86%

Volatility (1Y)

Calculated over the trailing 1-year period

58.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

53.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.30%

Financials

PARA vs. WBD - Financials Comparison

This section allows you to compare key financial metrics between Paramount Global Class B and Warner Bros. Discovery, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


2.00B4.00B6.00B8.00B10.00B12.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
8.15B
9.46B
(PARA) Total Revenue
(WBD) Total Revenue
Values in USD except per share items

PARA vs. WBD - Profitability Comparison

The chart below illustrates the profitability comparison between Paramount Global Class B and Warner Bros. Discovery, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%60.0%70.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
24.3%
44.8%
Portfolio components
PARA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Paramount Global Class B reported a gross profit of 1.98B and revenue of 8.15B. Therefore, the gross margin over that period was 24.3%.

WBD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Warner Bros. Discovery, Inc. reported a gross profit of 4.24B and revenue of 9.46B. Therefore, the gross margin over that period was 44.8%.

PARA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Paramount Global Class B reported an operating income of 207.00M and revenue of 8.15B, resulting in an operating margin of 2.5%.

WBD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Warner Bros. Discovery, Inc. reported an operating income of 349.00M and revenue of 9.46B, resulting in an operating margin of 3.7%.

PARA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Paramount Global Class B reported a net income of -573.00M and revenue of 8.15B, resulting in a net margin of -7.0%.

WBD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Warner Bros. Discovery, Inc. reported a net income of 1.55B and revenue of 9.46B, resulting in a net margin of 16.4%.