Warner Music Group Corp. (WMG)
NASDAQ: WMG · Real-Time Price · USD
27.13
+0.03 (0.11%)
At close: Aug 21, 2026, 4:00 PM EDT
27.13
0.00 (0.00%)
After-hours: Aug 21, 2026, 7:30 PM EDT
Warner Music Group Balance Sheet
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Cash & Equivalents | 618 | 532 | 694 | 641 | 584 | 499 |
Trading Asset Securities | - | - | - | 2 | 2 | - |
Cash & Short-Term Investments | 618 | 532 | 694 | 643 | 586 | 499 |
Cash Growth | 17.27% | -23.34% | 7.93% | 9.73% | 17.44% | -9.77% |
Receivables | 1,607 | 1,340 | 1,255 | 1,120 | 984 | 839 |
Inventory | 69 | 62 | 99 | 126 | 108 | 99 |
Prepaid Expenses | 222 | 166 | 125 | 100 | 89 | 86 |
Other Current Assets | 744 | 670 | 470 | 413 | 372 | 373 |
Total Current Assets | 3,260 | 2,770 | 2,643 | 2,402 | 2,139 | 1,896 |
Property, Plant & Equipment | 579 | 630 | 706 | 703 | 641 | 632 |
Long-Term Investments | 8 | 8 | 9 | 15 | 52 | 63 |
Goodwill | 2,126 | 2,061 | 2,021 | 1,993 | 1,920 | 1,830 |
Other Intangible Assets | 3,251 | 2,879 | 2,511 | 2,502 | 2,384 | 2,171 |
Long-Term Deferred Tax Assets | 58 | 111 | 52 | 32 | 29 | 31 |
Other Long-Term Assets | 1,445 | 1,370 | 1,213 | 898 | 663 | 588 |
Total Assets | 10,727 | 9,829 | 9,155 | 8,545 | 7,828 | 7,211 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Accounts Payable | 354 | 257 | 289 | 300 | 268 | 302 |
Accrued Expenses | 3,519 | 3,437 | 3,207 | 2,770 | 2,392 | 2,355 |
Current Portion of Leases | 44 | 43 | 45 | 41 | 40 | 43 |
Current Unearned Revenue | 330 | 286 | 246 | 371 | 423 | 348 |
Other Current Liabilities | 196 | 178 | 110 | 57 | 245 | 102 |
Total Current Liabilities | 4,443 | 4,201 | 3,897 | 3,539 | 3,368 | 3,150 |
Long-Term Debt | 4,710 | 4,365 | 4,014 | 3,964 | 3,732 | 3,368 |
Long-Term Leases | 165 | 200 | 228 | 255 | 241 | 287 |
Pension & Post-Retirement Benefits | - | 38 | 38 | - | - | - |
Long-Term Deferred Tax Liabilities | 184 | 164 | 195 | 216 | 220 | 207 |
Other Long-Term Liabilities | 139 | 104 | 108 | 141 | 99 | 153 |
Total Liabilities | 9,641 | 9,072 | 8,480 | 8,115 | 7,660 | 7,165 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Common Stock | 1 | 1 | 1 | 1 | 1 | 1 |
Additional Paid-In Capital | 2,141 | 2,166 | 2,077 | 2,015 | 1,975 | 1,942 |
Retained Earnings | -1,068 | -1,331 | -1,313 | -1,387 | -1,477 | -1,710 |
Comprehensive Income & Other | -220 | -189 | -247 | -322 | -347 | -202 |
Total Common Equity | 854 | 647 | 518 | 307 | 152 | 31 |
Minority Interest | 232 | 110 | 157 | 123 | 16 | 15 |
Shareholders' Equity | 1,086 | 757 | 675 | 430 | 168 | 46 |
Total Liabilities & Equity | 10,727 | 9,829 | 9,155 | 8,545 | 7,828 | 7,211 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Total Debt | 4,919 | 4,608 | 4,287 | 4,260 | 4,013 | 3,698 |
Net Cash (Debt) | -4,301 | -4,076 | -3,593 | -3,617 | -3,427 | -3,199 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -8.21 | -7.83 | -6.94 | -7.01 | -6.66 | -6.23 |
Filing Date Shares Outstanding | 523.11 | 522.4 | 517.99 | 516 | 514.85 | 514.54 |
Total Common Shares Outstanding | 523.11 | 522.29 | 517.94 | 516 | 514.85 | 514.39 |
Working Capital | -1,183 | -1,431 | -1,254 | -1,137 | -1,229 | -1,254 |
Book Value Per Share | 1.63 | 1.24 | 1.00 | 0.59 | 0.30 | 0.06 |
Tangible Book Value | -4,523 | -4,293 | -4,014 | -4,188 | -4,152 | -3,970 |
Tangible Book Value Per Share | -8.65 | -8.22 | -7.75 | -8.12 | -8.06 | -7.72 |
Land | - | 10 | 11 | 11 | 11 | 12 |
Buildings | - | 190 | 216 | 194 | 188 | 185 |
Machinery | - | 853 | 737 | 669 | 518 | 493 |
Construction In Progress | - | 89 | 132 | 107 | 159 | 93 |