Warner Music Group Statistics
Total Valuation
WMG has a market cap or net worth of $16.14 billion. The enterprise value is $19.73 billion.
| Market Cap | 16.14B |
| Enterprise Value | 19.73B |
Important Dates
The next estimated earnings date is Wednesday, February 5, 2025, after market close.
| Earnings Date | Feb 5, 2025 |
| Ex-Dividend Date | Nov 19, 2024 |
Share Statistics
WMG has 517.99 million shares outstanding. The number of shares has increased by 0.35% in one year.
| Current Share Class | 142.61M |
| Shares Outstanding | 517.99M |
| Shares Change (YoY) | +0.35% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 1.69% |
| Owned by Institutions (%) | 29.23% |
| Float | 134.36M |
Valuation Ratios
The trailing PE ratio is 37.59 and the forward PE ratio is 21.26. WMG's PEG ratio is 1.12.
| PE Ratio | 37.59 |
| Forward PE | 21.26 |
| PS Ratio | 2.51 |
| Forward PS | 2.42 |
| PB Ratio | 31.16 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 25.30 |
| P/OCF Ratio | 21.41 |
| PEG Ratio | 1.12 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.39, with an EV/FCF ratio of 30.93.
| EV / Earnings | 46.00 |
| EV / Sales | 3.07 |
| EV / EBITDA | 14.39 |
| EV / EBIT | 18.90 |
| EV / FCF | 30.93 |
Financial Position
The company has a current ratio of 0.68, with a Debt / Equity ratio of 6.35.
| Current Ratio | 0.68 |
| Quick Ratio | 0.50 |
| Debt / Equity | 6.35 |
| Debt / EBITDA | 2.99 |
| Debt / FCF | 6.72 |
| Interest Coverage | 5.74 |
Financial Efficiency
Return on equity (ROE) is 86.52% and return on invested capital (ROIC) is 13.52%.
| Return on Equity (ROE) | 86.52% |
| Return on Assets (ROA) | 7.37% |
| Return on Capital (ROIC) | 13.52% |
| Revenue Per Employee | $1.09M |
| Profits Per Employee | $72,712 |
| Employee Count | 5,900 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 29.82 |
Taxes
In the past 12 months, WMG has paid $123.00 million in taxes.
| Income Tax | 123.00M |
| Effective Tax Rate | 20.47% |
Stock Price Statistics
The stock price has decreased by -11.30% in the last 52 weeks. The beta is 1.35, so WMG's price volatility has been higher than the market average.
| Beta (5Y) | 1.35 |
| 52-Week Price Change | -11.30% |
| 50-Day Moving Average | 32.21 |
| 200-Day Moving Average | 31.37 |
| Relative Strength Index (RSI) | 41.63 |
| Average Volume (20 Days) | 1,729,619 |
Short Selling Information
The latest short interest is 7.82 million, so 1.51% of the outstanding shares have been sold short.
| Short Interest | 7.82M |
| Short Previous Month | 9.13M |
| Short % of Shares Out | 1.51% |
| Short % of Float | 5.82% |
| Short Ratio (days to cover) | 6.78 |
Income Statement
In the last 12 months, WMG had revenue of $6.43 billion and earned $429.00 million in profits. Earnings per share was $0.83.
| Revenue | 6.43B |
| Gross Profit | 3.07B |
| Operating Income | 1.04B |
| Pretax Income | 724.00M |
| Net Income | 429.00M |
| EBITDA | 1.37B |
| EBIT | 1.04B |
| Earnings Per Share (EPS) | $0.83 |
Balance Sheet
The company has $694.00 million in cash and $4.29 billion in debt, giving a net cash position of -$3.59 billion or -$6.94 per share.
| Cash & Cash Equivalents | 694.00M |
| Total Debt | 4.29B |
| Net Cash | -3.59B |
| Net Cash Per Share | -$6.94 |
| Equity (Book Value) | 675.00M |
| Book Value Per Share | 1.00 |
| Working Capital | -1.25B |
Cash Flow
In the last 12 months, operating cash flow was $754.00 million and capital expenditures -$116.00 million, giving a free cash flow of $638.00 million.
| Operating Cash Flow | 754.00M |
| Capital Expenditures | -116.00M |
| Free Cash Flow | 638.00M |
| FCF Per Share | $1.23 |
Margins
Gross margin is 47.79%, with operating and profit margins of 16.25% and 6.77%.
| Gross Margin | 47.79% |
| Operating Margin | 16.25% |
| Pretax Margin | 9.35% |
| Profit Margin | 6.77% |
| EBITDA Margin | 21.34% |
| EBIT Margin | 16.25% |
| FCF Margin | 9.93% |
Dividends & Yields
This stock pays an annual dividend of $0.70, which amounts to a dividend yield of 2.25%.
| Dividend Per Share | $0.70 |
| Dividend Yield | 2.25% |
| Dividend Growth (YoY) | 6.06% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 84.44% |
| Buyback Yield | -0.35% |
| Shareholder Yield | 1.90% |
| Earnings Yield | 2.66% |
| FCF Yield | 3.95% |
Analyst Forecast
The average price target for WMG is $35.43, which is 13.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $35.43 |
| Price Target Difference | 13.70% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 5.49% |
| EPS Growth Forecast (5Y) | 19.26% |
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 1.9 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.9 |
| Piotroski F-Score | 5 |