Between Fox and Warner Bros. Discovery, Which Stock Looks Set to Break Out?
Warner Bros. Discovery surged 28% during the past Month. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Fox gives you more. Fox (FOXA) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Warner Bros. Discovery (WBD) stock, suggesting you may be better off investing in FOXA
- FOXA’s quarterly revenue growth was 4.9%, vs. WBD’s -6.0%.
- In addition, its Last 12 Months revenue growth came in at 14.9%, ahead of WBD’s -4.3%.
- FOXA leads on profitability over both periods – LTM margin of 19.7% and 3-year average of 18.4%.
These differences become even clearer when you look at the financials side by side. The table highlights how WBD’s fundamentals stack up against those of FOXA on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| WBD | FOXA | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 51.3 | 10.2 | FOXA |
| Revenue Growth | |||
| Last Quarter | -6.0% | 4.9% | FOXA |
| Last 12 Months | -4.3% | 14.9% | FOXA |
| Last 3 Year Average | 17.2% | 5.6% | WBD |
| Operating Margins | |||
| Last 12 Months | 3.7% | 19.7% | FOXA |
| Last 3 Year Average | -0.5% | 18.4% | FOXA |
| Momentum | |||
| Last 3 Year Return | 218.8% | 150.1% | WBD |
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
- MA Stock: The Math Behind The Upside
- Markets Don’t Lie: The Hidden Risk Priced Into GLW Right Now
- The Smart Way to Own TER: Collect 12% Before You Even Buy
- Structural Risks to Watch For NVDA Stock Over the Next 6 Months
- What Could Set Broadcom Stock on Fire
- What Is Happening With Advanced Micro Devices Stock?
See detailed fundamentals on Buy or Sell FOXA Stock and Buy or Sell WBD Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| WBD Return | -8% | -22% | -60% | 20% | -7% | 176% | -11% | ||
| FOXA Return | -20% | 28% | -17% | -1% | 66% | 53% | 116% | <=== | |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 115% | ||
| Monthly Win Rates [3] | |||||||||
| WBD Win Rate | 33% | 25% | 42% | 58% | 42% | 67% | 44% | ||
| FOXA Win Rate | 58% | 58% | 42% | 33% | 67% | 75% | 56% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | 65% | <=== | |
| 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 12/24/2025 (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.
Still not sure about WBD or FOXA? Consider portfolio approach.
Move Beyond Single Stocks With A Multi Asset Portfolio
Individual picks are volatile but diversified assets offset each other. A multi asset portfolio helps you stay the course capture upside and reduce downside.
The asset allocation framework of Trefis’ Boston-based, wealth management partner yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Our partner’ strategy now includes Trefis High Quality Portfolio, which has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices