WBD’s One-Month Rally Offers a Chance to Reevaluate FOXA
Fox (FOXA) offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Warner Bros. Discovery (WBD), suggesting you may be better off investing in FOXA
- FOXA’s quarterly revenue growth was 6.3%, vs. WBD’s 1.0%.
- In addition, its Last 12 Months revenue growth came in at 16.6%, ahead of WBD’s -3.7%.
- FOXA leads on profitability over both periods – LTM margin of 19.8% and 3-year average of 18.7%.
WBD provides diverse television content across genres like survival, nature, home, food, and travel through multiple networks in about 50 languages worldwide. FOXA operates U.S. news, sports, and entertainment channels including national cable networks for news, business, multi-sport, and soccer programming across three main segments.
Valuation & Performance Overview
| WBD | FOXA | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 49.8 | 8.4 | FOXA |
| Revenue Growth | |||
| Last Quarter | 1.0% | 6.3% | FOXA |
| Last 12 Months | -3.7% | 16.6% | FOXA |
| Last 3 Year Average | 36.1% | 5.7% | WBD |
| Operating Margins | |||
| Last 12 Months | 2.5% | 19.8% | FOXA |
| Last 3 Year Average | -1.6% | 18.7% | FOXA |
| Momentum | |||
| Last 3 Year Return | 58.2% | 92.8% | FOXA |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: WBD Revenue Comparison | FOXA Revenue Comparison
See more margin details: WBD Operating Income Comparison | FOXA Operating Income Comparison
But do these numbers tell the full story? Read Buy or Sell FOXA Stock to see if Fox’s edge holds up under the hood or if Warner Bros. Discovery still has cards to play (see Buy or Sell WBD Stock).
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| WBD Return | -8% | -22% | -60% | 20% | -7% | 83% | -41% | ||
| FOXA Return | -20% | 28% | -17% | -1% | 66% | 26% | 77% | ||
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 13% | 106% | <=== | |
| Monthly Win Rates [3] | |||||||||
| WBD Win Rate | 33% | 25% | 42% | 58% | 42% | 50% | 42% | ||
| FOXA Win Rate | 58% | 58% | 42% | 33% | 67% | 62% | 53% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 62% | 63% | <=== | |
| Max Drawdowns [4] | |||||||||
| WBD Max Drawdown | -44% | -26% | -62% | -1% | -41% | -27% | -34% | ||
| FOXA Max Drawdown | -45% | -1% | -23% | -3% | -3% | -2% | -13% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year up to 9/19/2025 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read FOXA Dip Buyer Analyses and WBD Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.