WBD

Stock

Warner Bros. Discovery, Inc.

Very rare

This is the kind of decline worth waking up for.

Warner Bros. Discovery, Inc. is 65.5% off its high — among the deepest declines in its recorded history.

Price $26.63 · as of Jul 9, 2026All-time high $77.27Drawdown -65.5%Severity Score™ 13.3
🔴

Historic

Current Drawdown

-65.5%

Days in Drawdown

1936

Avg Max Drawdown

4.8%

Avg Length

60

Drawdown Severity Score™

13.3

WBD - Price & High Water Mark

WBD - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of June 28, 2026 · updated daily

Where today's valuation sits within WBD's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

1.8xBelow Typical · 30th percentile
Low: 0.41xMedian: 2.6xHigh: 15.1x

20 years of daily history

88.2% below its highest Price to Sales reading · 12.4x typical multiple drawdown · high date October 5, 2007

EV to EBITDA

7.4xTypical Range · 54th percentile
Low: 2.5xMedian: 7.0xHigh: 158.0x

20 years of daily history

95.3% below its highest EV to EBITDA reading · 3.4x typical multiple drawdown · high date October 5, 2007

How we measure valuation

Warner Bros. Discovery, Inc. (WBD) Analysis: Current Drawdown Insights

Warner Bros. Discovery, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $26.63, which represents a 65.5% decline from its all-time high of $77.27. This drawdown has persisted for 1936 days.

Based on its full tracked price history, Warner Bros. Discovery, Inc. typically experiences drawdowns averaging 4.8% in depth, with an average duration of 60 days. Warner Bros. Discovery, Inc. has gone through 93 total drawdown events in its tracked history. The largest drawdown on record for Warner Bros. Discovery, Inc. was 64.8%, beginning in 2013. The longest drawdown duration on record was 2601 days.

The Drawdown Severity Score™ for Warner Bros. Discovery, Inc. currently stands at 13.28. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score above 12.0 indicates a historic, once-in-a-decade event: declines of this magnitude are extraordinarily rare in this asset's tracked history and can also signal fundamental changes worth investigating.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Warner Bros. Discovery, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 93 tracked pullbacks (60 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2021-03-21Ongoing1936 days-65.5%$77.27$26.63n/a
2021-03-172021-03-182 days-2.3%$75.81$74.07$75.95
2021-03-092021-03-124 days-6.3%$67.25$63.01$71.10
2021-02-232021-03-017 days-7.2%$55.29$51.32$58.18
2021-02-162021-02-172 days-0.9%$47.80$47.35$49.36
2013-12-312021-02-122601 days-64.8%$46.22$16.28$47.80
2013-12-262013-12-272 days-0.2%$45.41$45.32$45.45
2013-11-012013-12-2454 days-7.2%$45.41$42.13$45.41
2013-10-282013-10-314 days-1.5%$43.77$43.11$45.41
2013-07-192013-10-2599 days-10.0%$43.68$39.31$43.77
2013-07-152013-07-184 days-0.9%$43.47$43.09$43.68
2013-07-092013-07-102 days-0.1%$41.91$41.85$42.34
2013-04-152013-07-0582 days-9.2%$41.41$37.59$41.45
2013-03-272013-04-1015 days-2.3%$40.64$39.69$41.10
2013-03-252013-03-262 days-0.1%$40.43$40.40$40.64
2013-03-212013-03-222 days-0.7%$40.35$40.07$40.43
2013-03-152013-03-206 days-1.8%$40.22$39.51$40.35
2013-03-112013-03-122 days-0.1%$39.81$39.75$39.81
2013-03-062013-03-072 days-1.6%$39.14$38.50$39.43
2013-02-142013-02-2714 days-3.9%$36.55$35.11$37.46
2013-02-112013-02-133 days-0.7%$36.52$36.25$36.55
2013-02-042013-02-074 days-1.1%$35.93$35.52$36.09
2013-01-282013-01-314 days-0.6%$35.26$35.06$35.45
2013-01-142013-01-2310 days-1.8%$34.83$34.20$34.84
2013-01-092013-01-113 days-0.7%$34.67$34.44$34.83
2013-01-072013-01-082 days-0.2%$33.77$33.68$34.67
2012-12-192013-01-0215 days-2.7%$32.50$31.62$33.46
2012-10-172012-12-1762 days-10.8%$31.61$28.20$31.79
2012-10-082012-10-158 days-2.5%$31.30$30.50$31.44
2012-10-022012-10-032 days-0.2%$30.63$30.57$30.75
2012-09-242012-10-018 days-2.7%$30.61$29.78$30.63
2012-09-172012-09-193 days-0.4%$30.02$29.90$30.37
2012-09-102012-09-123 days-0.7%$28.83$28.63$28.95
2012-09-052012-09-062 days-0.1%$28.25$28.23$28.71
2012-05-042012-09-04124 days-12.3%$28.17$24.72$28.25
2012-04-302012-05-034 days-1.4%$28.05$27.65$28.17
2012-04-232012-04-264 days-1.8%$26.81$26.31$27.27
2012-04-182012-04-203 days-1.0%$26.78$26.52$26.81
2012-04-092012-04-168 days-3.9%$26.44$25.42$26.52
2012-04-042012-04-052 days-0.3%$26.10$26.02$26.44
2012-03-282012-03-303 days-0.3%$25.29$25.23$25.86
2012-03-222012-03-232 days-0.3%$24.70$24.62$24.73
2012-03-142012-03-218 days-1.5%$24.60$24.23$24.70
2012-03-062012-03-137 days-2.0%$24.28$23.79$24.60
2012-03-012012-03-022 days-0.3%$23.84$23.77$24.20
2012-02-162012-02-2914 days-3.5%$23.38$22.57$23.84
2012-02-092012-02-157 days-1.2%$23.17$22.89$23.38
2011-05-202012-02-08265 days-23.4%$23.17$17.76$23.17
2010-10-292011-05-18202 days-14.3%$22.98$19.70$23.09
2010-10-142010-10-2512 days-2.9%$22.46$21.80$22.63
2010-10-062010-10-138 days-1.5%$22.43$22.08$22.46
2010-06-162010-09-0380 days-11.5%$20.20$17.87$20.53
2010-05-042010-06-1543 days-10.4%$20.11$18.01$20.20
2010-01-112010-03-2270 days-14.9%$16.75$14.25$16.95
2009-10-092009-11-1639 days-11.8%$15.80$13.94$16.13
2009-09-212009-10-0616 days-6.4%$15.13$14.15$15.38
2007-10-082009-08-25688 days-61.3%$13.56$5.25$13.64
2007-08-092007-09-1134 days-14.1%$12.12$10.41$12.14
2007-07-202007-08-0820 days-10.8%$12.03$10.73$12.12
2007-01-172007-03-2163 days-8.4%$8.04$7.37$8.30
2005-07-132006-12-11517 days-18.0%$7.49$6.14$7.58

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Warner Bros. Discovery, Inc. (WBD) is trading at $26.63 as of Jul 9, 2026. It is 65.5% below its high of $77.27. The drawdown has lasted 1,936 days. Severity score: 13.3 (Historic).

WBD Price History and Drawdown Data

Latest price

$26.63

High-water mark

$77.27

Current drawdown

-65.5%

Days in drawdown

1,936

This WBD page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Warner Bros. Discovery, Inc. drawdowns.

What History Says About WBD

Warner Bros. Discovery, Inc. has dropped 15%+ from its high 4 times in its tracked history. These events lasted an average of 1018 days with an average max drop of -41.9%.

The current drawdown of -65.5% has lasted 1,936 days, which is 1.9x the average duration of comparable events.

PeriodMax DropDuration
Dec 2013 to Feb 2021-64.8%2601 days
Oct 2007 to Aug 2009-61.3%688 days
May 2011 to Feb 2012-23.4%265 days
Jul 2005 to Dec 2006-18.0%517 days

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