WBD vs. MTD
WBD (Warner Bros. Discovery, Inc.) and MTD (Mettler-Toledo International Inc.) are both stocks. WBD operates in Entertainment (Communication Services), while MTD operates in Diagnostics & Research (Healthcare). Over the past 10 years, WBD returned 0.50%/yr vs 11.73%/yr for MTD. At a 0.32 correlation, their price movements are largely independent.
Performance
WBD vs. MTD - Performance Comparison
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Returns By Period
In the year-to-date period, WBD achieves a -6.38% return, which is significantly higher than MTD's -18.84% return. Over the past 10 years, WBD has underperformed MTD with an annualized return of 0.50%, while MTD has yielded a comparatively higher 11.73% annualized return.
WBD
- 1D
- 0.45%
- 1M
- -0.00%
- YTD
- -6.38%
- 6M
- -10.01%
- 1Y
- 168.99%
- 3Y*
- 25.07%
- 5Y*
- -2.61%
- 10Y*
- 0.50%
MTD
- 1D
- -0.86%
- 1M
- 9.68%
- YTD
- -18.84%
- 6M
- -18.81%
- 1Y
- -2.07%
- 3Y*
- -4.98%
- 5Y*
- -3.12%
- 10Y*
- 11.73%
WBD vs. MTD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WBD Warner Bros. Discovery, Inc. | -6.38% | 172.66% | -7.12% | 20.04% | -59.73% | -21.77% | -8.09% | 32.34% | 10.55% | -18.35% |
MTD Mettler-Toledo International Inc. | -18.84% | 13.93% | 0.88% | -16.08% | -14.83% | 48.92% | 43.67% | 40.26% | -8.71% | 48.01% |
Correlation
The correlation between WBD and MTD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2005 | 0.32 |
The correlation between WBD and MTD shifts across timeframes, from 0.16 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WBD:
$67.23B
MTD:
$22.95B
WBD:
-$0.86
MTD:
$42.68
WBD:
1.81
MTD:
5.67
WBD:
2.06
MTD:
6.26
WBD:
$37.21B
MTD:
$4.09B
WBD:
$15.43B
MTD:
$2.36B
WBD:
$9.00B
MTD:
$1.24B
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Return for Risk
WBD vs. MTD — Risk / Return Rank
WBD
MTD
WBD vs. MTD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Warner Bros. Discovery, Inc. (WBD) and Mettler-Toledo International Inc. (MTD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WBD | MTD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.72 | ||
| Sortino ratioReturn per unit of downside risk | +5.49 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.00 | +0.76 |
| Calmar ratioReturn relative to maximum drawdown | 7.82 | -0.15 | +7.97 |
| Martin ratioReturn relative to average drawdown | 22.23 | -0.42 | +22.64 |
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Drawdowns
WBD vs. MTD - Drawdown Comparison
The maximum WBD drawdown since its inception was -91.32%, which is greater than MTD's maximum drawdown of -61.43%. Use the drawdown chart below to compare losses from any high point for WBD and MTD.
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Drawdown Indicators
| WBD | MTD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.32% | -61.43% | -29.89% |
Max Drawdown (1Y)Largest decline over 1 year | -21.31% | -31.90% | +10.59% |
Max Drawdown (3Y)Largest decline over 3 years | -53.63% | -36.61% | -17.02% |
Max Drawdown (5Y)Largest decline over 5 years | -78.49% | -43.47% | -35.02% |
Max Drawdown (10Y)Largest decline over 10 years | -91.32% | -43.47% | -47.85% |
Current DrawdownCurrent decline from peak | -65.08% | -33.54% | -31.54% |
Average DrawdownAverage peak-to-trough decline | -37.14% | -13.69% | -23.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.48% | 11.48% | -4.00% |
Volatility
WBD vs. MTD - Volatility Comparison
The current volatility for Warner Bros. Discovery, Inc. (WBD) is 4.77%, while Mettler-Toledo International Inc. (MTD) has a volatility of 9.92%. This indicates that WBD experiences smaller price fluctuations and is considered to be less risky than MTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WBD | MTD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 9.92% | -5.15% |
Volatility (6M)Calculated over the trailing 6-month period | 11.46% | 26.16% | -14.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.82% | 32.17% | +14.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.71% | 32.15% | +20.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.14% | 29.78% | +17.36% |
Dividends
WBD vs. MTD - Dividend Comparison
Neither WBD nor MTD has paid dividends to shareholders.
Financials
WBD vs. MTD - Financials Comparison
This section allows you to compare key financial metrics between Warner Bros. Discovery, Inc. and Mettler-Toledo International 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.
Total Revenue: Total amount of money received from sales and other business activities
WBD vs. MTD - Profitability Comparison
WBD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported a gross profit of 4.25B and revenue of 8.89B. Therefore, the gross margin over that period was 47.8%.
MTD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a gross profit of 555.82M and revenue of 947.13M. Therefore, the gross margin over that period was 58.7%.
WBD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported an operating income of -2.47B and revenue of 8.89B, resulting in an operating margin of -27.8%.
MTD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported an operating income of 246.22M and revenue of 947.13M, resulting in an operating margin of 26.0%.
WBD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Warner Bros. Discovery, Inc. reported a net income of -3.33B and revenue of 8.89B, resulting in a net margin of -37.5%.
MTD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a net income of 169.45M and revenue of 947.13M, resulting in a net margin of 17.9%.
Frequently Asked Questions
WBD and MTD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTD has higher volatility (9.92%) compared to WBD (4.77%). In terms of maximum drawdown, WBD dropped -91.32% vs MTD's -61.43%.
WBD currently has the higher Sharpe Ratio (3.57 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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