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WBD vs. NFLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between WBD and NFLX is 0.48, 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.


Performance

WBD vs. NFLX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

WBD:

0.22

NFLX:

2.85

Sortino Ratio

WBD:

0.69

NFLX:

3.64

Omega Ratio

WBD:

1.09

NFLX:

1.48

Calmar Ratio

WBD:

0.11

NFLX:

4.92

Martin Ratio

WBD:

0.64

NFLX:

16.09

Ulcer Index

WBD:

16.29%

NFLX:

5.86%

Daily Std Dev

WBD:

57.03%

NFLX:

32.64%

Max Drawdown

WBD:

-91.32%

NFLX:

-81.99%

Current Drawdown

WBD:

-88.29%

NFLX:

0.00%

Fundamentals

Market Cap

WBD:

$22.66B

NFLX:

$507.08B

EPS

WBD:

-$4.40

NFLX:

$21.21

PEG Ratio

WBD:

2.79

NFLX:

2.12

PS Ratio

WBD:

0.59

NFLX:

12.62

PB Ratio

WBD:

0.67

NFLX:

21.10

Total Revenue (TTM)

WBD:

$38.34B

NFLX:

$40.14B

Gross Profit (TTM)

WBD:

$18.20B

NFLX:

$18.82B

EBITDA (TTM)

WBD:

$1.85B

NFLX:

$26.68B

Returns By Period

In the year-to-date period, WBD achieves a -14.38% return, which is significantly lower than NFLX's 33.69% return. Over the past 10 years, WBD has underperformed NFLX with an annualized return of -12.18%, while NFLX has yielded a comparatively higher 29.64% annualized return.


WBD

YTD

-14.38%

1M

11.59%

6M

-4.44%

1Y

12.42%

3Y*

-20.10%

5Y*

-15.63%

10Y*

-12.18%

NFLX

YTD

33.69%

1M

22.47%

6M

40.68%

1Y

91.86%

3Y*

85.61%

5Y*

21.63%

10Y*

29.64%

*Annualized

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Warner Bros. Discovery, Inc.

Netflix, Inc.

Risk-Adjusted Performance

WBD vs. NFLX — Risk-Adjusted Performance Rank

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

WBD
The Risk-Adjusted Performance Rank of WBD is 5858
Overall Rank
The Sharpe Ratio Rank of WBD is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of WBD is 5656
Sortino Ratio Rank
The Omega Ratio Rank of WBD is 5555
Omega Ratio Rank
The Calmar Ratio Rank of WBD is 5656
Calmar Ratio Rank
The Martin Ratio Rank of WBD is 5959
Martin Ratio Rank

NFLX
The Risk-Adjusted Performance Rank of NFLX is 9898
Overall Rank
The Sharpe Ratio Rank of NFLX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of NFLX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of NFLX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of NFLX is 9999
Calmar Ratio Rank
The Martin Ratio Rank of NFLX is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WBD vs. NFLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Warner Bros. Discovery, Inc. (WBD) and Netflix, Inc. (NFLX). 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.


The current WBD Sharpe Ratio is 0.22, which is lower than the NFLX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of WBD and NFLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

WBD vs. NFLX - Dividend Comparison

Neither WBD nor NFLX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

WBD vs. NFLX - Drawdown Comparison

The maximum WBD drawdown since its inception was -91.32%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for WBD and NFLX. For additional features, visit the drawdowns tool.


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Volatility

WBD vs. NFLX - Volatility Comparison

Warner Bros. Discovery, Inc. (WBD) has a higher volatility of 9.05% compared to Netflix, Inc. (NFLX) at 8.30%. This indicates that WBD's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

WBD vs. NFLX - Financials Comparison

This section allows you to compare key financial metrics between Warner Bros. Discovery, Inc. and Netflix, 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


2.00B4.00B6.00B8.00B10.00B12.00B20212022202320242025
8.98B
10.54B
(WBD) Total Revenue
(NFLX) Total Revenue
Values in USD except per share items

WBD vs. NFLX - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%30.0%40.0%50.0%60.0%70.0%80.0%20212022202320242025
42.9%
50.1%
(WBD) Gross Margin
(NFLX) Gross Margin
WBD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Warner Bros. Discovery, Inc. reported a gross profit of 3.85B and revenue of 8.98B. Therefore, the gross margin over that period was 42.9%.

NFLX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Netflix, Inc. reported a gross profit of 5.28B and revenue of 10.54B. Therefore, the gross margin over that period was 50.1%.

WBD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Warner Bros. Discovery, Inc. reported an operating income of -37.00M and revenue of 8.98B, resulting in an operating margin of -0.4%.

NFLX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Netflix, Inc. reported an operating income of 3.35B and revenue of 10.54B, resulting in an operating margin of 31.8%.

WBD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Warner Bros. Discovery, Inc. reported a net income of -453.00M and revenue of 8.98B, resulting in a net margin of -5.1%.

NFLX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Netflix, Inc. reported a net income of 2.89B and revenue of 10.54B, resulting in a net margin of 27.4%.