Direct Answer

SEC EDGAR classifies Warner Bros. Discovery under SIC code 4841 (Cable & Other Pay Television Services). Among Swoopr's S&P 500 Equal Weight companies, 9 others share that classification; by latest reported revenue, Warner Bros. Discovery ranks 3 of 10. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

How Does Warner Bros. Discovery Compare With Its Peers?

CompanyRevenue (latest FY)Revenue growthOperating marginNet margin
Comcast (CMCSA)$124 billion FY2025-0.0%16.7%16.2%
Charter Communications (CHTR)$54.8 billion FY2025-0.6%23.6%9.1%
Warner Bros. Discovery (WBD)$37.3 billion FY2025-5.1%2.0%1.9%
Optimum Communications Inc. (OPTU)$8.6 billion FY2025-4.1%-1.3%-21.3%
Roku Inc. (ROKU)$4.7 billion FY202515.2%-0.1%1.9%
Liberty Latin America Ltd. (LILA)$4.4 billion FY2025-0.1%2.4%-13.8%
AMC Global Media Inc. (AMCX)$2.3 billion FY2025-4.5%5.8%4.4%
Cable One Inc. (CABO)$1.5 billion FY2025-4.9%-13.8%-23.8%
Liberty Capital Corporation (GLIBA)$1.0 billion FY20253.0%-33.2%-29.5%
Paradium.AI Inc. (PAAI)$135 million FY2025698.2%30.3%92.6%

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

Bar chart of operating margin for Warner Bros. Discovery and 7 peers: Comcast (CMCSA) 16.7%, Charter Communications (CHTR) 23.6%, Warner Bros. Discovery (WBD) 2.0%, Optimum Communications Inc. (OPTU) -1.3%, Roku Inc. (ROKU) -0.1%, Liberty Latin America Ltd. (LILA) 2.4%, AMC Global Media Inc. (AMCX) 5.8%, Cable One Inc. (CABO) -13.8%.
Operating margin of Warner Bros. Discovery against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.

How Does Warner Bros. Discovery Rank Among All SEC Filers in Its Industry Code?

10 companies with annual reports in Swoopr's SEC dataset share SIC code 4841 (Cable & Other Pay Television Services), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

MeasureWarner Bros. DiscoveryMedian of filersRank
Revenue$37.3 billion$4.6 billion3 of 10
Revenue growth-5.1%-0.3%10 of 10
Operating margin2.0%2.2%6 of 10
Net margin1.9%1.9%5 of 10

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

Where These Numbers Come From

Every figure on this page is a value Warner Bros. Discovery reported in its own SEC filings, read from the SEC's XBRL data (accession 0001437107-26-000020 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

Frequently Asked Questions

Who are Warner Bros. Discovery's competitors?

Companies sharing Warner Bros. Discovery's SEC classification (SIC code 4841 (Cable & Other Pay Television Services)) include Comcast (CMCSA), Charter Communications (CHTR), Optimum Communications Inc. (OPTU), Roku Inc. (ROKU), Liberty Latin America Ltd. (LILA). Its 10-K names the competitors it considers most relevant.

How does Warner Bros. Discovery compare with its peers on margins?

Warner Bros. Discovery's fiscal 2025 operating margin was 2.0%, against a peer median of 2.4%.

How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

How does Warner Bros. Discovery rank among all companies in its SEC industry?

Among 10 SEC filers under SIC code 4841, Warner Bros. Discovery ranks 3 by latest revenue, and 6 of 10 by operating margin (2.0% against a median of 2.2%).

References

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