/
Discovery, Inc. and one or more of its consolidated subsidiaries, unless the context otherwise requires. 6 Industry Trends Headwinds in the industry, such as continued pressures on linear distribution and declines in linear subscribers and continued softness in the U.S. linear advertising market, have had, and are expected to continue to have, a material impact on the operations and results of …
$27.00
$0.18 (-0.66%)
Price from 2 days ago
Operating margin is thin at 1.98%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 5.1% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 30% versus the prior year, cash generation momentum has weakened. Net debt of $32.33B represents 10.5x FCF, leverage limits flexibility.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$37.21B
▼ -5.1% YoY
Net Income (TTM)
-$1.74B
▲ +106.4% YoY
Op. Margin
-4.55%
▲ +27.5pp YoY
ROIC
-1.91%
▲ +9.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$2.31B
▼ -30.2% YoY
Op. Cash Flow (TTM)
$3.56B
▼ -19.6% YoY
Net Debt
$30.70B
Cash & Equiv.
$3.26B
5Y CAGR: +28.4%
5Y CAGR: +5.7%
Continue Research