Warner Music Group Statistics
Total Valuation
WMG has a market cap or net worth of $16.63 billion. The enterprise value is $20.30 billion.
| Market Cap | 16.63B |
| Enterprise Value | 20.30B |
Important Dates
The last earnings date was Thursday, May 9, 2024, before market open.
| Earnings Date | May 9, 2024 |
| Ex-Dividend Date | May 22, 2024 |
Share Statistics
WMG has 517.91 million shares outstanding. The number of shares has increased by 0.38% in one year.
| Shares Outstanding | 517.91M |
| Shares Change (YoY) | +0.38% |
| Shares Change (QoQ) | +0.27% |
| Owned by Insiders (%) | 7.05% |
| Owned by Institutions (%) | 94.08% |
| Float | 134.22M |
Valuation Ratios
The trailing PE ratio is 32.04 and the forward PE ratio is 23.94. WMG's PEG ratio is 1.15.
| PE Ratio | 32.04 |
| Forward PE | 23.94 |
| PS Ratio | 2.60 |
| Forward PS | 2.48 |
| PB Ratio | 38.39 |
| P/FCF Ratio | 26.81 |
| PEG Ratio | 1.15 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.86, with an EV/FCF ratio of 32.75.
| EV / Earnings | 38.38 |
| EV / Sales | 3.18 |
| EV / EBITDA | 16.86 |
| EV / EBIT | 23.20 |
| EV / FCF | 32.75 |
Financial Position
The company has a current ratio of 0.69, with a Debt / Equity ratio of 9.85.
| Current Ratio | 0.69 |
| Quick Ratio | 0.50 |
| Debt / Equity | 9.85 |
| Debt / EBITDA | 3.54 |
| Debt / FCF | 6.88 |
| Interest Coverage | 5.65 |
Financial Efficiency
Return on equity (ROE) is 142.60% and return on invested capital (ROIC) is 12.40%.
| Return on Equity (ROE) | 142.60% |
| Return on Assets (ROA) | 6.10% |
| Return on Capital (ROIC) | 12.40% |
| Revenue Per Employee | $1.08M |
| Profits Per Employee | $89,661 |
| Employee Count | 5,900 |
| Asset Turnover | 0.74 |
| Inventory Turnover | 31.91 |
Taxes
In the past 12 months, WMG has paid $191.00 million in taxes.
| Income Tax | 191.00M |
| Effective Tax Rate | 26.53% |
Stock Price Statistics
The stock price has increased by +22.38% in the last 52 weeks. The beta is 1.43, so WMG's price volatility has been higher than the market average.
| Beta (1Y) | 1.43 |
| 52-Week Price Change | +22.38% |
| 50-Day Moving Average | 33.25 |
| 200-Day Moving Average | 33.52 |
| Relative Strength Index (RSI) | 43.44 |
| Average Volume (30 Days) | 1,670,220 |
Short Selling Information
The latest short interest is 4.18 million, so 0.81% of the outstanding shares have been sold short.
| Short Interest | 4.18M |
| Short Previous Month | 4.41M |
| Short % of Shares Out | 0.81% |
| Short % of Float | 3.11% |
| Short Ratio (days to cover) | 2.20 |
Income Statement
In the last 12 months, WMG had revenue of $6.39 billion and earned $529.00 million in profits. Earnings per share was $1.00.
| Revenue | 6.39B |
| Gross Profit | 3.03B |
| Operating Income | 793.00M |
| Pretax Income | 720.00M |
| Net Income | 529.00M |
| EBITDA | 1.20B |
| EBIT | 875.00M |
| Earnings Per Share (EPS) | $1.00 |
Balance Sheet
The company has $587.00 million in cash and $4.27 billion in debt, giving a net cash position of -$3.68 billion or -$7.10 per share.
| Cash & Cash Equivalents | 587.00M |
| Total Debt | 4.27B |
| Net Cash | -3.68B |
| Net Cash Per Share | -$7.10 |
| Equity / Book Value | 433.00M |
| Book Value Per Share | 0.84 |
| Working Capital | -1.08B |
Cash Flow
In the last 12 months, operating cash flow was $746.00 million and capital expenditures -$126.00 million, giving a free cash flow of $620.00 million.
| Operating Cash Flow | 746.00M |
| Capital Expenditures | -126.00M |
| Free Cash Flow | 620.00M |
| FCF Per Share | $1.20 |
Margins
Gross margin is 47.34%, with operating and profit margins of 12.41% and 8.28%.
| Gross Margin | 47.34% |
| Operating Margin | 12.41% |
| Pretax Margin | 11.26% |
| Profit Margin | 8.28% |
| EBITDA Margin | 18.84% |
| EBIT Margin | 13.69% |
| FCF Margin | 9.70% |
Dividends & Yields
This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 2.12%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 2.12% |
| Dividend Growth (YoY) | 6.25% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 68.00% |
| Buyback Yield | -0.38% |
| Shareholder Yield | 1.75% |
| Earnings Yield | 3.18% |
| FCF Yield | 3.73% |
Analyst Forecast
The average price target for WMG is $36.33, which is 13.39% higher than the current price. The consensus rating is "Buy".
| Price Target | $36.33 |
| Price Target Difference | 13.39% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 7.86% |
| EPS Growth Forecast (5Y) | 23.05% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
WMG has an Altman Z-Score of 1.93 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.93 |
| Piotroski F-Score | 6 |