warner music group corp. - WMG

WMG

Close Chg Chg %
27.86 0.03 0.11%

Closed Market

27.89

+0.03 (0.11%)

Volume: 1.55M

Last Updated:

Dec 4, 2025, 4:00 PM EDT

Company Overview: warner music group corp. - WMG

WMG Key Data

Open

$27.93

Day Range

27.76 - 28.21

52 Week Range

25.56 - 36.64

Market Cap

$14.55B

Shares Outstanding

522.40M

Public Float

143.73M

Beta

1.31

Rev. Per Employee

N/A

P/E Ratio

40.07

EPS

$0.69

Yield

266.28%

Dividend

$0.19

EX-DIVIDEND DATE

Nov 19, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

2.07M

 

WMG Performance

1 Week
 
-1.35%
 
1 Month
 
-7.84%
 
3 Months
 
-14.78%
 
1 Year
 
-14.04%
 
5 Years
 
-5.78%
 

WMG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 21
Full Ratings ➔

About warner music group corp. - WMG

Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the sale, marketing, distribution, and licensing of recorded music produced by the company's recording artists. The Music Publishing segment acts as a copyright owner and/or administrator of the musical compositions and generates revenues related to the exploitation of musical compositions. The company was founded on November 21, 2003 and is headquartered in New York, NY.

WMG At a Glance

Warner Music Group Corp.
1633 Broadway
New York, New York 10019
Phone 1-212-275-2000 Revenue 6.71B
Industry Commercial Printing/Forms Net Income 361.00M
Sector Commercial Services 2025 Sales Growth 4.373%
Fiscal Year-end 09 / 2026 Employees 5,500
View SEC Filings

WMG Valuation

P/E Current 40.693
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 49.106
Price to Sales Ratio 2.643
Price to Book Ratio 27.495
Price to Cash Flow Ratio 26.15
Enterprise Value to EBITDA 14.571
Enterprise Value to Sales 3.267
Total Debt to Enterprise Value 0.21

WMG Efficiency

Revenue/Employee 1,219,454.545
Income Per Employee 65,636.364
Receivables Turnover 5.005
Total Asset Turnover 0.707

WMG Liquidity

Current Ratio 0.659
Quick Ratio 0.645
Cash Ratio 0.127

WMG Profitability

Gross Margin 40.242
Operating Margin 16.818
Pretax Margin 7.306
Net Margin 5.382
Return on Assets 3.803
Return on Equity 61.974
Return on Total Capital 6.87
Return on Invested Capital 7.24

WMG Capital Structure

Total Debt to Total Equity 712.21
Total Debt to Total Capital 87.688
Total Debt to Total Assets 46.882
Long-Term Debt to Equity 705.564
Long-Term Debt to Total Capital 86.87
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Warner Music Group Corp. - WMG

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
5.92B 6.04B 6.43B 6.71B
Sales Growth
+11.66% +1.99% +6.44% +4.37%
Cost of Goods Sold (COGS) incl D&A
3.42B 3.51B 3.68B 4.01B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
339.00M 332.00M 327.00M 376.00M
Depreciation
76.00M 87.00M 103.00M 118.00M
Amortization of Intangibles
263.00M 245.00M 224.00M 258.00M
COGS Growth
+12.17% +2.63% +4.93% +8.85%
Gross Income
2.50B 2.53B 2.74B 2.70B
Gross Income Growth
+10.96% +1.12% +8.54% -1.64%
Gross Profit Margin
+42.24% +41.88% +42.70% +40.24%
2022 2023 2024 2025 5-year trend
SG&A Expense
1.76B 1.68B 1.53B 1.57B
Research & Development
- - - -
-
Other SG&A
1.76B 1.68B 1.53B 1.57B
SGA Growth
+9.41% -4.44% -8.58% +2.41%
Other Operating Expense
- - - -
-
Unusual Expense
(29.00M) 106.00M 421.00M 438.00M
EBIT after Unusual Expense
773.00M 744.00M 789.00M 690.00M
Non Operating Income/Expense
92.00M 6.00M (27.00M) (38.00M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
125.00M 141.00M 161.00M 162.00M
Interest Expense Growth
+2.46% +12.80% +14.18% +0.62%
Gross Interest Expense
125.00M 141.00M 161.00M 162.00M
Interest Capitalized
- - - -
-
Pretax Income
740.00M 609.00M 601.00M 490.00M
Pretax Income Growth
+62.28% -17.70% -1.31% -18.47%
Pretax Margin
+12.50% +10.09% +9.35% +7.31%
Income Tax
185.00M 170.00M 123.00M 120.00M
Income Tax - Current - Domestic
44.00M 55.00M 34.00M 47.00M
Income Tax - Current - Foreign
128.00M 128.00M 137.00M 163.00M
Income Tax - Deferred - Domestic
43.00M (10.00M) (51.00M) (28.00M)
Income Tax - Deferred - Foreign
(30.00M) (3.00M) 3.00M (62.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(7.00M) (6.00M) (6.00M) (4.00M)
Consolidated Net Income
548.00M 433.00M 472.00M 366.00M
Minority Interest Expense
4.00M 9.00M 43.00M 5.00M
Net Income
544.00M 424.00M 429.00M 361.00M
Net Income Growth
+81.33% -22.06% +1.18% -15.85%
Net Margin Growth
+9.19% +7.02% +6.68% +5.38%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
544.00M 424.00M 429.00M 361.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
544.00M 424.00M 429.00M 361.00M
EPS (Basic)
1.0569 0.8222 0.829 0.6936
EPS (Basic) Growth
+80.88% -22.21% +0.83% -16.33%
Basic Shares Outstanding
514.71M 515.72M 517.52M 520.51M
EPS (Diluted)
1.0569 0.8222 0.829 0.6936
EPS (Diluted) Growth
+80.88% -22.21% +0.83% -16.33%
Diluted Shares Outstanding
514.71M 515.72M 517.52M 520.51M
EBITDA
1.08B 1.18B 1.54B 1.50B
EBITDA Growth
+13.52% +9.14% +30.03% -2.15%
EBITDA Margin
+18.30% +19.58% +23.92% +22.42%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 38.438
Number of Ratings 21 Current Quarters Estimate 0.388
FY Report Date 12 / 2025 Current Year's Estimate 1.491
Last Quarter’s Earnings 0.482 Median PE on CY Estimate N/A
Year Ago Earnings 1.263 Next Fiscal Year Estimate 1.74
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 11 15 14
Mean Estimate 0.39 0.29 1.49 1.74
High Estimates 0.45 0.36 1.93 1.91
Low Estimate 0.32 0.22 1.09 1.48
Coefficient of Variance 9.91 13.00 13.32 6.48

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 11 11 10
OVERWEIGHT 3 3 3
HOLD 6 6 6
UNDERWEIGHT 1 1 2
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Warner Music Group Corp. - WMG

Date Name Shares Transaction Value
Apr 7, 2025 Timothy Matusch EVP Strategy & Operations 87,649 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $31.43 per share 2,754,808.07
Mar 7, 2025 Michael M. Lynton Director 44,442 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2025 Ynon Kreiz Director 30,501 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2025 Mathias Döpfner Director 27,387 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2025 Mathias Döpfner Director 25,913 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.09 per share 857,461.17
Mar 7, 2025 Nancy Dubuc Director 23,580 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2025 Noreena Hertz Director 27,387 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2025 Noreena Hertz Director 25,913 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $33.09 per share 857,461.17
Mar 7, 2025 Cecelia Kurzman Director 27,857 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 24, 2025 Valentin Blavatnik Director 68,264 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $35.45 per share 2,419,958.80
Feb 17, 2025 Maria Osherova EVP, Chief Human Res. Officer 44,699 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $33.9 per share 1,515,296.10

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