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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 Cash Flow Statement

Millions USD. Fiscal year is Oct - Sep.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Net Income
672365435430551304
Depreciation & Amortization
417376327332339306
Loss (Gain) From Sale of Assets
5--32-42--
Asset Writedown & Restructuring Costs
5113957---
Loss (Gain) From Sale of Investments
-2-27-6-3464
Stock-Based Compensation
445452493945
Other Operating Activities
-67-86940-14660
Change in Accounts Receivable
-308-61-110-113-195-58
Change in Inventory
-9-1130-12-22-19
Change in Accounts Payable
37-288677-2191
Change in Unearned Revenue
5940-133-588647
Change in Other Net Operating Assets
45-161-21-1365-142
Operating Cash Flow
939678754687742638
Operating Cash Flow Growth
25.03%-10.08%9.75%-7.41%16.30%37.80%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Capital Expenditures
-103-139-116-127-135-93
Divestitures
10-1945--
Sale (Purchase) of Intangibles
-548-195-187-114-191-481
Investment in Securities
-100-6-27-104-498-64
Investing Cash Flow
-741-340-311-300-824-638

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Long-Term Debt Issued
--1041655351,093
Total Debt Issued
1,665-1041655351,093
Long-Term Debt Repaid
--1-104-1--849
Total Debt Repaid
-1,296-1-104-1--849
Net Debt Issued (Repaid)
369-1-164535244
Repurchase of Common Stock
-89-36-5--6-
Common Dividends Paid
-400-383-361-340-318-265
Other Financing Activities
26-77-30-149-23-40
Financing Cash Flow
-94-497-396-325188-61

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Foreign Exchange Rate Adjustments
-4-6-5-217
Miscellaneous Cash Flow Adjustments
-9-3----
Net Cash Flow
91-162535785-54

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Free Cash Flow
836539638560607545
Free Cash Flow Growth
37.73%-15.52%13.93%-7.74%11.38%44.18%
Free Cash Flow Margin
11.45%8.04%9.93%9.28%10.26%10.28%
Free Cash Flow Per Share
1.591.041.231.091.181.06
Levered Free Cash Flow
382.25631.13778.75499513.88235.38
Unlevered Free Cash Flow
495.38741.75892.5597.13592311.63

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Sep '25 Sep '24 Sep '23 Sep '22 Sep '21
Cash Interest Paid
181167183157122137
Cash Income Tax Paid
209181135219141124
Change in Working Capital
-181-221-148-119-87-81
SEC Filings: 10-K · 10-Q