Warner Bros. Discovery (WBD)
S&P 500 · Nasdaq-100 · Communication Services · data since 2005-07-08 · last close 2026-09-09
Warner Bros. Discovery (WBD) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.4 | 2.3 | -2.5 | -1.5 | -0.1 | -1.3 | -1.4 | 8.5 | -2.2 | · | · | · |
| 2025 | -1.2 | 9.8 | -6.4 | -19.2 | 15.0 | 14.9 | 14.9 | -11.6 | 67.8 | 14.9 | 6.9 | 20.1 |
| 2024 | -11.9 | -12.3 | -0.7 | -15.7 | 12.0 | -9.7 | 16.3 | -9.4 | 5.2 | -1.4 | 28.9 | 0.9 |
| 2023 | 56.3 | 5.4 | -3.3 | -9.9 | -17.1 | 11.2 | 4.2 | 0.5 | -17.4 | -8.5 | 5.1 | 8.9 |
| 2022 | 18.6 | 0.5 | -11.2 | -27.2 | 1.6 | -27.3 | 11.8 | -11.7 | -13.1 | 13.0 | -12.3 | -16.8 |
| 2021 | 37.6 | 28.0 | -18.1 | -13.3 | -14.7 | -4.5 | -5.4 | -0.6 | -12.0 | -7.6 | -0.7 | 1.2 |
| 2020 | -10.6 | -12.2 | -24.4 | 15.3 | -3.0 | -3.0 | 0.0 | 4.6 | -1.4 | -7.0 | 33.0 | 11.8 |
| 2019 | 14.7 | 1.8 | -6.5 | 14.4 | -11.8 | 12.6 | -1.3 | -8.9 | -3.5 | 1.2 | 22.2 | -0.6 |
| 2018 | 12.0 | -3.0 | -11.9 | 10.4 | -10.8 | 30.4 | -3.4 | 4.7 | 15.0 | 1.2 | -5.2 | -19.5 |
| 2017 | 3.4 | 1.4 | 1.1 | -1.1 | -7.9 | -2.5 | -4.8 | -9.7 | -4.1 | -11.3 | 0.7 | 17.7 |
| 2016 | 3.4 | -9.4 | 14.5 | -4.6 | 2.0 | -9.4 | -0.6 | 1.7 | 5.5 | -3.0 | 3.8 | 1.2 |
| 2015 | -15.8 | 11.4 | -4.8 | 5.2 | 4.9 | -2.0 | -0.7 | -19.4 | -2.1 | 13.1 | 5.8 | -14.3 |
| 2014 | -11.8 | 4.4 | -0.7 | -8.2 | 1.4 | -3.5 | 14.7 | 0.4 | -13.5 | -6.5 | -1.3 | -1.3 |
| 2013 | 9.3 | 5.7 | 7.4 | 0.1 | 0.1 | -2.1 | 3.2 | -2.8 | 8.9 | 5.3 | -1.8 | 3.6 |
| 2012 | 4.7 | 8.8 | 8.5 | 7.6 | -8.0 | 7.8 | -6.2 | 8.3 | 8.7 | -1.0 | 2.4 | 5.1 |
| 2011 | -6.5 | 10.5 | -7.5 | 10.9 | -1.6 | -6.0 | -2.8 | 6.2 | -11.0 | 15.5 | -3.4 | -2.4 |
| 2010 | -3.3 | 5.0 | 8.5 | 14.6 | -2.8 | -5.2 | 8.1 | -2.2 | 15.4 | 2.6 | -8.7 | 2.3 |
| 2009 | 2.4 | 7.0 | 3.3 | 18.5 | 18.2 | 0.3 | 8.8 | 5.8 | 11.5 | -4.8 | 16.2 | -4.0 |
| 2008 | -7.6 | -2.8 | -6.0 | 9.1 | 13.1 | -16.1 | -9.5 | 1.8 | -22.4 | -4.3 | 10.0 | -5.6 |
| 2007 | 3.0 | -3.1 | 19.1 | 13.7 | 7.5 | -1.7 | 3.2 | 5.9 | 14.8 | -1.2 | -14.2 | 2.8 |
| 2006 | 0.1 | -3.7 | 2.7 | -0.7 | -6.9 | 5.5 | -8.9 | 5.2 | 3.2 | 2.6 | 3.4 | 4.9 |
| 2005 | · | · | · | · | · | · | -6.7 | 6.1 | -4.7 | -2.4 | 10.8 | -3.0 |
| Avg | 4.4 | 2.7 | -1.8 | 0.9 | -0.4 | -0.5 | 1.5 | -0.8 | 2.2 | 0.5 | 4.8 | 0.6 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
WBD seasonality — average by calendar month
Warner Bros. Discovery has monthly history back to 2005. Its strongest month by median is November — positive in 13 of 21 years, median +3.4%, and higher in 6 of the last 9. March is the soft spot, down in 13 of 21 with a median of -2.5%. Across its full record it has closed 51% of months higher, swings ±11.7% in an average month and has fallen 91.3% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +4.4% | +2.7% | -1.8% | +0.9% | -0.4% | -0.6% | +1.5% | -0.8% | +2.4% | +0.5% | +4.8% | +0.6% |
| Win rate | 57%/21 | 67%/21 | 38%/21 | 52%/21 | 48%/21 | 33%/21 | 41%/22 | 59%/22 | 48%/21 | 43%/21 | 62%/21 | 57%/21 |
Win rate = share of positive months / sample size.
WBD risk & extremes
WBD drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was Warner Bros. Discovery's best month?+
Warner Bros. Discovery's strongest completed month on record is September 2025, at +67.78%.
What was Warner Bros. Discovery's worst month?+
Its weakest completed month on record is June 2022, at -27.26%.
Is Warner Bros. Discovery up this year?+
Warner Bros. Discovery is down 3.16% year to date, measured from its last close before 1 January.
What is Warner Bros. Discovery's 1-year return?+
+127.65% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Warner Bros. Discovery's biggest drawdown?+
The deepest peak-to-trough fall on record is 91.3%, measured on month-end closes since 2005.
Which calendar month is historically best for Warner Bros. Discovery?+
November has the highest average return across every completed November since 2005. An average is not a forecast.
About Warner Bros. Discovery
Warner Bros. Discovery is an S&P 500 company, a communication services business worth about $70 billion. It competes for the only truly scarce resource: your attention — with price receipts on this site going back to 2005. And the long game: $100 at its first close here (2005) would be about $431 today.
Did you know?
- Its best month on record was September 2025 at +67.78%; its worst, June 2022 at -27.26%.
Trivia for entertainment — the numbers come from our price data; the jokes don't.