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Warner Music Group Corp. (WMG)

Profile

Full Name

Warner Music Group Corp.

Ticker

NASDAQ: WMG

Exchange

NASDAQ

Sector

Communication Services

Industry

Entertainment

Country

United States

IPO

June 3, 2020

Indexes

Not included

Website

http://www.wmg.com

Employees

5800

Key Details

Price

$29.77(-0.53%)

Market cap

Last Dividend

$0.18

TTM Dividend yield

2.42%

Annual revenue

$6.43B(+6.44% YoY)

Annual EPS

$0.83(+1.22% YoY)

PE ratio

34.22

Next earnings date

Aug 8, 2025

Next ex-dividend date

N/A

Next split date

N/A

Quick Search

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    Analyst ratings

    Price

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    Current Price

    $29.77
    WMG price is $29.77

    30-Day Relative Volume

    0.77
    WMG 30-day relative volume is 0.77

    Price Performance

    Price Most recent change

    -0.53%
    WMG price was down -0.53% on Jul 11, 2025

    Price YTD change

    -3.97%
    WMG price is down -3.97% since January 1st

    Price 1-year change

    -1.23%
    WMG price is down -1.23% year-on-year

    Price 3-year change

    +17.99%
    WMG price is up +17.99% over the past 3 years

    Price Range

    Price All-time high

    $50.23
    WMG price is currently -40.73% below its historical high of $50.23

    Price 3-year low

    $21.57
    WMG price is currently +38.02% above its 3-year low

    Capitalization

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    Market cap

    Market cap

    $15.52B
    WMG market capitalization is $15.52 billion

    Market cap 3-year change

    +19.47%
    WMG market capitalization is up +19.47% over the past 3 years

    Market cap All-time high

    $25.48B
    WMG market capitalization is currently -39.09% below its historical high of $25.48 billion

    Market cap sector rank

    85.46%
    WMG market capitalization is higher than 85.46% of companies in Communication Services sector

    Shares Outstanding

    Shares Outstanding 1-Year Change

    +0.65%
    WMG shares outstanding is up +0.65% year-on-year

    Shares Outstanding 3-Year Change

    +1.25%
    WMG shares outstanding is up +1.25% over the past 3 years

    Technical Indicators

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    Beta

    0.58
    WMG beta is 0.58

    200-day SMA

    $30.74
    WMG price is currently -3.15% below its 200-day simple moving average

    50-day SMA

    $27.56
    WMG price is currently +8.03% above its 50-day simple moving average

    RSI

    70.96
    WMG 14-day relative strength index is 70.96

    Volume

    0.77
    WMG 30-day relative volume is 0.77

    ATR

    $0.71
    WMG average true range is $0.71

    10-day Historical Volatility

    25.46%
    WMG 10-day historical volatility is 25.46%

    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 May 27, 2025

    Next Dividend

    -
    WMG next dividend has not yet been announced

    Dividend per share

    Dividend per share

    $0.69
    WMG annual dividend per share is $0.69

    Dividend per share Sector Rank

    41.33%
    WMG annual dividend per share is higher than 41.33% of companies in Communication Services sector

    Dividend per share 1-Year Change

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

    Dividend per share 3-Year Change

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

    Dividend yield

    Dividend yield

    2.32%
    WMG annual dividend yield is 2.32%

    Dividend yield Sector Rank

    31.08%
    WMG annual dividend yield is higher than 31.08% of companies in Communication Services sector

    Other

    Payout ratio

    82.99%
    WMG annual payout ratio is 82.99%

    Dividends paid

    $361.00M
    WMG annual dividends paid is $361.00 million

    Free cash flow

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

    Income Statement

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    Revenue

    Revenue

    $6.43B
    WMG annual revenue is $6.43 billion

    Revenue Analysts estimate

    $6.40B
    WMG annual revenue is currently +0.36% higher than the consensus analysts' forecast

    Revenue 1-year change

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

    Revenue Sector rank

    85.96%
    WMG annual revenue is higher than 85.96% of companies in Communication Services sector

    EPS

    EPS

    $0.83
    WMG annual earnings per share is $0.83

    EPS Analysts estimate

    $1.34
    WMG annual earnings per share is currently -38.07% lower than the consensus analysts' forecast

    EPS 1-year change

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

    EPS Sector rank

    75.27%
    WMG annual earnings per share is higher than 75.27% of companies in Communication Services sector

    Profit

    Gross profit

    $3.07B
    WMG annual gross profit is $3.07 billion

    Gross margin

    47.79%
    WMG annual gross profit margin is 47.79%

    Operating profit

    $968.00M
    WMG annual operating income is $968.00 million

    Operating margin

    15.06%
    WMG annual operating profit margin is 15.06%

    Net income

    $435.00M
    WMG annual net profit is $435.00 million

    Net margin

    6.77%
    WMG annual net profit margin is 6.77%

    Expenses

    Total expenses

    $5.46B
    WMG annual total expenses is $5.46 billion

    Operating expenses

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

    Cost of goods sold

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

    Selling, general & administrative expenses

    $1.78B
    WMG annual SGA is $1.78 billion

    Depreciation and amortization

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

    Interest expense

    $161.00M
    WMG annual interest expense is $161.00 million

    Income tax

    $123.00M
    WMG annual income tax is $123.00 million

    EBIT & EBITDA

    EBIT

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

    EBITDA

    $1.09B
    WMG annual EBITDA is $1.09 billion

    Balance Sheet

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    Assets

    Total assets

    $9.15B
    WMG annual total assets is $9.15 billion

    Non current assets

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

    Current assets

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

    Cash and cash equivalents

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

    Accounts receivable

    $1.25B
    WMG annual accounts receivable is $1.25 billion

    Inventory

    $99.00M
    WMG annual inventory is $99.00 million

    Liabilities

    Total liabilities

    $8.48B
    WMG annual total liabilities is $8.48 billion

    Long term liabilities

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

    Current liabilities

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

    Accounts payable

    $289.00M
    WMG annual accounts payable is $289.00 million

    Debt

    Total debt

    $4.29B
    WMG annual total debt is $4.29 billion

    Total debt 1-year change

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

    Long term debt

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

    Short term debt

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

    Equity & Capital

    Shareholders equity

    $518.00M
    WMG annual stockholders equity is $518.00 million

    Book value

    $518.00M
    WMG annual book value is $518.00 million

    Retained earnings

    -$1.31B
    WMG annual retained earnings is -$1.31 billion

    Working capital

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

    Cash Flow Statement

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    Cashflow Activities

    Cash from operations

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

    Cash from operations 1-year change

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

    Cash from investing

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

    Cash from investing 1-year change

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

    Cash from financing

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

    Cash from financing 1-year change

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

    CAPEX

    CAPEX

    $303.00M
    WMG annual capital expenditures is $303.00 million

    CAPEX 1-year change

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

    Free Cash Flow

    Free cash flow

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

    Free cash flow 1-year change

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

    Profitability Ratios

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    Margins

    Gross margin

    47.79%
    WMG annual gross profit margin is 47.79%

    Operating margin

    15.06%
    WMG annual operating profit margin is 15.06%

    Net margin

    6.77%
    WMG annual net profit margin is 6.77%

    ROA & ROE

    ROA

    4.92%
    WMG annual return on assets is 4.92%

    ROE

    78.73%
    WMG annual return on equity is 78.73%

    Valuation

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    PE Ratio

    PE ratio

    34.22
    WMG price to earnings ratio is 34.22

    PE ratio Sector rank

    73.33%
    WMG price to earnings ratio is higher than 73.33% of companies in Communication Services sector

    PB Ratio

    PB ratio

    27.37
    WMG price to book ratio is 27.37

    PB ratio Sector rank

    95.74%
    WMG price to book ratio is higher than 95.74% of companies in Communication Services sector

    PS Ratio

    PS ratio

    2.45
    WMG price to sales ratio is 2.45

    PS ratio Sector rank

    73.03%
    WMG price to sales ratio is higher than 73.03% of companies in Communication Services sector

    Enterprise value

    Enterprise value

    $19.44B
    WMG enterprise value is $19.44 billion

    Enterprise value Sector rank

    85.71%
    WMG enterprise value is higher than 85.71% of companies in Communication Services sector

    EV/EBITDA

    EV/EBITDA

    17.48
    WMG EV/EBITDA is 17.48

    EV/EBITDA Sector rank

    80.58%
    WMG EV/EBITDA is higher than 80.58% of companies in Communication Services sector

    Financial Health

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    Liquidity

    Current ratio

    0.68
    WMG annual current ratio is 0.68

    Quick ratio

    0.65
    WMG annual quick ratio is 0.65

    Leverage

    Debt to equity

    7.75
    WMG annual debt to equity ratio is 7.75

    Interest coverage ratio

    4.73
    WMG annual interest coverage ratio is 4.73

    Risk & Stability

    Piotroski F-Score

    4
    WMG piotroski f-score is 4

    Altman Z-Score

    1.71
    WMG altman z-score is 1.71

    Analyst ratings

    Recent major analysts updates

    Jul 3, 25 Bernstein
    Outperform
    May 29, 25 Citigroup
    Buy
    May 12, 25 Goldman Sachs
    Neutral
    May 9, 25 UBS
    Buy
    May 9, 25 Morgan Stanley
    Equal-Weight
    May 9, 25 Guggenheim
    Buy
    May 9, 25 Barclays
    Equal-Weight
    Apr 21, 25 Morgan Stanley
    Equal-Weight
    Feb 14, 25 Citigroup
    Buy
    Feb 7, 25 Guggenheim
    Buy

    Institutional Ownership

    Screeners with WMG included

    Growing Shares Outstanding
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    • What is the ticker symbol for Warner Music Group Corp.?
    • Does Warner Music Group Corp. pay dividends?
    • What sector is Warner Music Group Corp. in?
    • What industry is Warner Music Group Corp. in?
    • What country is Warner Music Group Corp. based in?
    • When did Warner Music Group Corp. go public?
    • Is Warner Music Group Corp. in the S&P 500?
    • Is Warner Music Group Corp. in the NASDAQ 100?
    • Is Warner Music Group Corp. in the Dow Jones?
    • When was Warner Music Group Corp.'s last earnings report?
    • When does Warner Music Group Corp. report earnings?

    What is the ticker symbol for Warner Music Group Corp.?

    The ticker symbol for Warner Music Group Corp. is NASDAQ:WMG

    Does Warner Music Group Corp. pay dividends?

    Yes, Warner Music Group Corp. pays dividends. The last payment was $0.18, with an ex-dividend date on May 27, 2025

    What sector is Warner Music Group Corp. in?

    Warner Music Group Corp. is in the Communication Services sector

    What industry is Warner Music Group Corp. in?

    Warner Music Group Corp. is in the Entertainment industry

    What country is Warner Music Group Corp. based in?

    Warner Music Group Corp. is headquartered in United States

    When did Warner Music Group Corp. go public?

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

    Is Warner Music Group Corp. in the S&P 500?

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

    Is Warner Music Group Corp. in the NASDAQ 100?

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

    Is Warner Music Group Corp. in the Dow Jones?

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

    When was Warner Music Group Corp.'s last earnings report?

    Warner Music Group Corp.'s most recent earnings report was on May 8, 2025

    When does Warner Music Group Corp. report earnings?

    The next expected earnings date for Warner Music Group Corp. is August 8, 2025
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