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Warner Music Group (WMG) Company Overview

Profile

Full Name:

Warner Music Group Corp.

Sector:

Communication Services

Industry:

Entertainment

Country:

United States

IPO:

June 3, 2020

Indexes:

Not included

Website:

http://www.wmg.com

Description:

Warner Music Group (WMG) is a major music company that creates, promotes, and distributes music. It works with artists to produce albums and manage their careers. WMG also owns many famous record labels and helps musicians reach fans through digital platforms and live events.

Key Details

Price

$34.35

Market Cap

$17.87 B(Large cap)

Last Dividend

$0.18

TTM Dividend Yield

2.07%

Annual Revenue

$6.43 B(+6.44% YoY)

Annual EPS

$0.83(+1.22% YoY)

PE Ratio

35.05

Annual ROE

78.73%

Annual Debt To Equity

7.75

Beta

0.49

Events Calendar

Earnings

Next earnings date:

May 9, 2025

Recent quarterly earnings:

Feb 6, 2025

Recent annual earnings:

Nov 21, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Feb 24, 2025
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Feb 14, 25 Citigroup
Buy
Feb 7, 25 Guggenheim
Buy
Jan 30, 25 Macquarie
Neutral
Jan 13, 25 Morgan Stanley
Overweight
Jan 10, 25 UBS
Buy
Jan 9, 25 Evercore ISI Group
Outperform
Jan 8, 25 Guggenheim
Buy
Dec 4, 24 Guggenheim
Buy
Nov 29, 24 Citigroup
Neutral
Nov 25, 24 Loop Capital
Hold

Screeners with WMG included

Growing Shares Outstanding
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Communication services sector
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Market Data

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Price

Current Price

$34.35
WMG price is $34.35

Price All-time High

$49.53
WMG price is currently -30.65% below its historical high of $49.53

Price Analysts Target

$36.50
WMG price is currently -5.89% lower than the consensus analysts' forecast

Price Today Change

-0.35%
WMG price is down -0.35% today

Price YTD Change

+10.81%
WMG price is up +10.81% since January 1st

Price 3-Year Change

-5.92%
WMG price is down -5.92% over the past 3 years

Market cap

Market Cap

$17.87 B
WMG market capitalization is $17.87 billion

Market Cap 3-Year Change

-4.9%
WMG market capitalization is down -4.9% over the past 3 years

Market Cap All-time High

$25.48 B
WMG market capitalization is currently -29.84% below its historical high of $25.48 billion

Market Cap Sector Rank

86.94%
WMG market capitalization is higher than 86.94% of companies in Communication Services sector

Technical

Beta

0.49
WMG beta is 0.49

200-day SMA

$31.08
WMG price is currently +10.51% above its 200-day simple moving average

14-day RSI

60.95
WMG 14-day relative strength index is 60.95

30-day Relative Volume

0.91
WMG 30-day relative volume is 0.91

Dividend

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Events

Last Paid Dividend

$0.18
WMG last dividend was $0.18 per share, with an ex-dividend date of February 24, 2025

Next Dividend

-
WMG next dividend has not yet been announced

Dividend per share

Annual Dividend Per Share

$0.69
WMG annual dividend per share is $0.69

Annual Dividend Per Share Sector Rank

42.67%
WMG annual dividend per share is higher than 42.67% of companies in Communication Services sector

Annual Dividend Per Share 1-Year Change

+6.15%
WMG annual dividend per share is up +6.15% year-on-year

Annual Dividend Per Share 3-Year Change

+35.29%
WMG annual dividend per share is up +35.29% over the past 3 years

Dividend yield

Annual Dividend Yield

2.01%
WMG annual dividend yield is 2.01%

Annual Dividend Yield Sector Rank

33.78%
WMG annual dividend yield is higher than 33.78% of companies in Communication Services sector

Other

Annual Payout Ratio

82.99%
WMG annual payout ratio is 82.99%

Annual Dividends Paid

$361.00 M
WMG annual dividends paid is $361.00 million

Annual FCF

$451.00 M
WMG annual free cash flow is $451.00 million

Profitability

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Revenue

Annual Revenue

$6.43 B
WMG annual revenue is $6.43 billion

Annual Revenue Analysts Estimate

$6.53 B
WMG annual revenue is currently -1.53% lower than the consensus analysts' forecast

Annual Revenue 1-Year Change

+6.44%
WMG annual revenue is up +6.44% year-on-year

Annual Revenue Sector Rank

84.98%
WMG annual revenue is higher than 84.98% of companies in Communication Services sector

Profit

Annual Gross Profit

$3.07 B
WMG annual gross profit is $3.07 billion

Annual Gross Margin

47.79%
WMG annual gross profit margin is 47.79%

Annual Operating Profit

$968.00 M
WMG annual operating income is $968.00 million

Annual Operating Margin

15.06%
WMG annual operating profit margin is 15.06%

Annual Net Income

$435.00 M
WMG annual net profit is $435.00 million

Annual Net Margin

6.77%
WMG annual net profit margin is 6.77%

EPS

Annual EPS

$0.83
WMG annual earnings per share is $0.83

Annual EPS Analysts Estimate

$1.52
WMG annual earnings per share is currently -45.24% lower than the consensus analysts' forecast

Annual EPS 1-Year Change

+1.22%
WMG annual earnings per share is up +1.22% year-on-year

Annual EPS Sector Rank

75.75%
WMG annual earnings per share is higher than 75.75% of companies in Communication Services sector

ROA & ROE

Annual ROA

4.92%
WMG annual return on assets is 4.92%

Annual ROE

78.73%
WMG annual return on equity is 78.73%

EBIT & EBITDA

Annual EBIT

$762.00 M
WMG annual earnings before interest & taxes is $762.00 million

Annual EBITDA

$1.09 B
WMG annual EBITDA is $1.09 billion

Valuation

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PE Ratio

PE Ratio

35.05
WMG price to earnings ratio is 35.05

PE Ratio Sector Rank

78%
WMG price to earnings ratio is higher than 78% of companies in Communication Services sector

PB Ratio

PB Ratio

32.80
WMG price to book ratio is 32.80

PB Ratio Sector Rank

98.87%
WMG price to book ratio is higher than 98.87% of companies in Communication Services sector

PS Ratio

PS Ratio

2.82
WMG price to sales ratio is 2.82

PS Ratio Sector Rank

75.21%
WMG price to sales ratio is higher than 75.21% of companies in Communication Services sector

Enterprise value

Enterprise Value

$21.30 B
WMG enterprise value is $21.30 billion

Enterprise Value Sector Rank

87.74%
WMG enterprise value is higher than 87.74% of companies in Communication Services sector

EV/EBITDA

EV/EBITDA

18.41
WMG EV/EBITDA is 18.41

EV/EBITDA Sector Rank

84.32%
WMG EV/EBITDA is higher than 84.32% of companies in Communication Services sector

Financial Health

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Liquidity

Annual Current Ratio

0.68
WMG annual current ratio is 0.68

Annual Quick Ratio

0.65
WMG annual quick ratio is 0.65

Leverage

Annual Debt To Equity

7.75
WMG annual debt to equity ratio is 7.75

Annual Interest Coverage Ratio

4.73
WMG annual interest coverage ratio is 4.73

Risk & Stability

Piotroski F-Score

5
WMG piotroski f-score is 5

Altman Z-Score

1.88
WMG altman z-score is 1.88

Balance Sheet

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Assets

Annual Total Assets

$9.15 B
WMG annual total assets is $9.15 billion

Annual Non Current Assets

$6.51 B
WMG annual long term assets is $6.51 billion

Annual Current Assets

$2.64 B
WMG annual total current assets is $2.64 billion

Annual Cash & Cash Equivalents

$694.00 M
WMG annual cash & cash equivalents is $694.00 million

Equity

Annual Book Value

$518.00 M
WMG annual book value is $518.00 million

Annual Working Capital

-$1.25 B
WMG annual working capital is -$1.25 billion

Liabilities

Annual Total Liabilities

$8.48 B
WMG annual total liabilities is $8.48 billion

Annual Total Long Term Liabilities

$4.58 B
WMG annual total long term liabilities is $4.58 billion

Annual Current Liabilities

$3.90 B
WMG annual total current liabilities is $3.90 billion

Annual Accounts Payable

$289.00 M
WMG annual accounts payable is $289.00 million

Debt

Annual Total Debt

$4.29 B
WMG annual total debt is $4.29 billion

Annual Total Debt 1-Year Change

+0.63%
WMG annual total debt is up +0.63% year-on-year

Annual Long Term Debt

$4.24 B
WMG annual long term debt is $4.24 billion

Annual Short Term Debt

$45.00 M
WMG annual short term debt is $45.00 million

Expenses

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Annual Total Expenses

$5.46 B
WMG annual total expenses is $5.46 billion

Annual Operating Expenses

$2.10 B
WMG annual total operating expenses is $2.10 billion

Annual Cost Of Goods Sold

$3.35 B
WMG annual cost of goods sold is $3.35 billion

Annual SGA

$1.78 B
WMG annual SGA is $1.78 billion

Annual D&A

$327.00 M
WMG annual depreciation & amortization is $327.00 million

Annual Interest Expense

$161.00 M
WMG annual interest expense is $161.00 million

Cash Flow

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Cashflow Activities

Annual CFO

$754.00 M
WMG annual cash flow from operations is $754.00 million

Annual CFO 1-Year Change

+9.75%
WMG annual cash flow from operations is up +9.75% year-on-year

Annual CFI

-$311.00 M
WMG annual cash flow from investing activities is -$311.00 million

Annual CFI 1-Year Change

-3.67%
WMG annual cash flow from investing activities is down -3.67% year-on-year

Annual CFF

-$396.00 M
WMG annual cash flow from financing activities is -$396.00 million

Annual CFF 1-Year Change

-21.85%
WMG annual cash flow from financing activities is down -21.85% year-on-year

Free CashFlow

Annual FCF

$451.00 M
WMG annual free cash flow is $451.00 million

Annual FCF 1-Year Change

+1.12%
WMG annual free cash flow is up +1.12% year-on-year

CAPEX

Annual CAPEX

$303.00 M
WMG annual capital expenditures is $303.00 million

Annual CAPEX 1-Year Change

+25.73%
WMG annual capital expenditures is up +25.73% year-on-year

Institutional Ownership

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FAQ

  • What is the ticker symbol for Warner Music Group?
  • Does Warner Music Group pay dividends?
  • What sector is Warner Music Group in?
  • What industry is Warner Music Group in?
  • What country is Warner Music Group based in?
  • When did Warner Music Group go public?
  • Is Warner Music Group in the S&P 500?
  • Is Warner Music Group in the NASDAQ 100?
  • Is Warner Music Group in the Dow Jones?
  • When was Warner Music Group's last earnings report?
  • When does Warner Music Group report earnings?
  • Should I buy Warner Music Group stock now?

What is the ticker symbol for Warner Music Group?

The ticker symbol for Warner Music Group is NASDAQ:WMG

Does Warner Music Group pay dividends?

Yes, Warner Music Group pays dividends. The last payment was $0.18, with an ex-dividend date on February 24, 2025

What sector is Warner Music Group in?

Warner Music Group is in the Communication Services sector

What industry is Warner Music Group in?

Warner Music Group is in the Entertainment industry

What country is Warner Music Group based in?

Warner Music Group is headquartered in United States

When did Warner Music Group go public?

Warner Music Group's initial public offering (IPO) was on June 3, 2020

Is Warner Music Group in the S&P 500?

No, Warner Music Group is not included in the S&P 500 index

Is Warner Music Group in the NASDAQ 100?

No, Warner Music Group is not included in the NASDAQ 100 index

Is Warner Music Group in the Dow Jones?

No, Warner Music Group is not included in the Dow Jones index

When was Warner Music Group's last earnings report?

Warner Music Group's most recent earnings report was on Feb 6, 2025

When does Warner Music Group report earnings?

The next expected earnings date for Warner Music Group is May 9, 2025

Should I buy Warner Music Group stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions