Warner Music Group Corp. (WMG)
NASDAQ: WMG · Real-Time Price · USD
31.56
+0.02 (0.06%)
Jun 1, 2026, 2:58 PM EDT - Market open

Warner Music Group Statistics

Total Valuation

WMG has a market cap or net worth of $16.46 billion. The enterprise value is $20.52 billion.

Market Cap16.46B
Enterprise Value 20.52B

Important Dates

The last earnings date was Thursday, May 7, 2026, after market close.

Earnings Date May 7, 2026
Ex-Dividend Date May 26, 2026

Share Statistics

WMG has 521.62 million shares outstanding. The number of shares has increased by 0.88% in one year.

Current Share Class 146.24M
Shares Outstanding 521.62M
Shares Change (YoY) +0.88%
Shares Change (QoQ) +0.49%
Owned by Insiders (%) 0.57%
Owned by Institutions (%) 30.62%
Float 144.60M

Valuation Ratios

The trailing PE ratio is 37.25 and the forward PE ratio is 18.73. WMG's PEG ratio is 0.46.

PE Ratio 37.25
Forward PE 18.73
PS Ratio 2.29
Forward PS 2.18
PB Ratio 22.29
P/TBV Ratio n/a
P/FCF Ratio 22.39
P/OCF Ratio 19.36
PEG Ratio 0.46
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.96, with an EV/FCF ratio of 28.15.

EV / Earnings 45.91
EV / Sales 2.88
EV / EBITDA 12.96
EV / EBIT 17.38
EV / FCF 28.15

Financial Position

The company has a current ratio of 0.73, with a Debt / Equity ratio of 5.08.

Current Ratio 0.73
Quick Ratio 0.51
Debt / Equity 5.08
Debt / EBITDA 2.99
Debt / FCF 6.78
Interest Coverage 6.56

Financial Efficiency

Return on equity (ROE) is 50.96% and return on invested capital (ROIC) is 18.09%.

Return on Equity (ROE) 50.96%
Return on Assets (ROA) 7.32%
Return on Invested Capital (ROIC) 18.09%
Return on Capital Employed (ROCE) 19.08%
Weighted Average Cost of Capital (WACC) 9.18%
Revenue Per Employee $1.30M
Profits Per Employee $81,273
Employee Count5,500
Asset Turnover 0.71
Inventory Turnover 50.51

Taxes

In the past 12 months, WMG has paid $146.00 million in taxes.

Income Tax 146.00M
Effective Tax Rate 24.54%

Stock Price Statistics

The stock price has increased by +17.44% in the last 52 weeks. The beta is 1.25, so WMG's price volatility has been higher than the market average.

Beta (5Y) 1.25
52-Week Price Change +17.44%
50-Day Moving Average 29.38
200-Day Moving Average 30.30
Relative Strength Index (RSI) 44.83
Average Volume (20 Days) 3,082,648

Short Selling Information

The latest short interest is 8.86 million, so 1.70% of the outstanding shares have been sold short.

Short Interest 8.86M
Short Previous Month 9.95M
Short % of Shares Out 1.70%
Short % of Float 6.13%
Short Ratio (days to cover) 3.45

Income Statement

In the last 12 months, WMG had revenue of $7.13 billion and earned $447.00 million in profits. Earnings per share was $0.85.

Revenue7.13B
Gross Profit 3.27B
Operating Income 1.18B
Pretax Income 595.00M
Net Income 447.00M
EBITDA 1.58B
EBIT 1.18B
Earnings Per Share (EPS) $0.85
Full Income Statement

Balance Sheet

The company has $741.00 million in cash and $4.94 billion in debt, with a net cash position of -$4.20 billion or -$8.05 per share.

Cash & Cash Equivalents 741.00M
Total Debt 4.94B
Net Cash -4.20B
Net Cash Per Share -$8.05
Equity (Book Value) 972.00M
Book Value Per Share 1.41
Working Capital -1.20B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $843.00 million and capital expenditures -$114.00 million, giving a free cash flow of $729.00 million.

Operating Cash Flow 843.00M
Capital Expenditures -114.00M
Depreciation & Amortization 402.00M
Net Borrowing 369.00M
Free Cash Flow 729.00M
FCF Per Share $1.40
Full Cash Flow Statement

Margins

Gross margin is 45.80%, with operating and profit margins of 16.57% and 6.34%.

Gross Margin 45.80%
Operating Margin 16.57%
Pretax Margin 8.35%
Profit Margin 6.34%
EBITDA Margin 22.21%
EBIT Margin 16.57%
FCF Margin 10.23%

Dividends & Yields

This stock pays an annual dividend of $0.76, which amounts to a dividend yield of 2.41%.

Dividend Per Share $0.76
Dividend Yield 2.41%
Dividend Growth (YoY) 5.56%
Years of Dividend Growth 6
Payout Ratio 89.76%
Buyback Yield -0.88%
Shareholder Yield 1.56%
Earnings Yield 2.74%
FCF Yield 4.47%
Dividend Details

Analyst Forecast

The average price target for WMG is $38.12, which is 20.79% higher than the current price. The consensus rating is "Buy".

Price Target $38.12
Price Target Difference 20.79%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 1.71 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.71
Piotroski F-Score 6