Warner Music Group/$WMG
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Capital at risk
About Warner Music Group
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
- Ticker
- $WMG
- Sector
- Consumer Discretionary
- Primary listing
- NASDAQ
- Employees
- 5,500
- Headquarters
- New York, United States
- Website
- www.wmg.com
WMG Metrics
BasicAdvanced
$15B
22.07
$1.26
1.29
$0.77
2.87%
Price and volume
Market cap
$15B
Beta
1.29
52-week high
$35.42
52-week low
$23.34
Average daily volume
2.1M
Dividend rate
$0.77
Financial strength
Current ratio
0.734
Quick ratio
0.501
Long term debt to equity
448.895
Total debt to equity
452.947
Dividend payout ratio (TTM)
59.52%
Interest coverage (TTM)
6.93%
Profitability
EBITDA (TTM)
1,672
Gross margin (TTM)
45.77%
Net profit margin (TTM)
9.20%
Operating margin (TTM)
17.18%
Effective tax rate (TTM)
23.83%
Revenue per employee (TTM)
$1,330,000
Management effectiveness
Return on assets (TTM)
7.65%
Return on equity (TTM)
70.07%
Valuation
Price to earnings (TTM)
22.07
Price to revenue (TTM)
1.989
Price to book
17.05
Price to tangible book (TTM)
-3.22
Price to free cash flow (TTM)
50.455
Free cash flow yield (TTM)
1.98%
Free cash flow per share (TTM)
0.552
Dividend yield (TTM)
2.77%
Forward dividend yield
2.87%
Growth
Revenue change (TTM)
12.91%
Earnings per share change (TTM)
123.65%
3-year revenue growth (CAGR)
7.09%
10-year revenue growth (CAGR)
8.76%
3-year earnings per share growth (CAGR)
15.68%
3-year dividend per share growth (CAGR)
5.90%
What the Analysts think about WMG
Analyst ratings (Buy, Hold, Sell) for Warner Music Group stock.
Analyst projections of the future price of Warner Music Group stock.
Bulls say / Bears say
Total revenue increased 10%, or 9% in constant currency, in fiscal Q3 2026, driven by robust streaming and publishing performance (SEC)
Adjusted OIBDA margin expanded by 110 basis points to 23.2% in fiscal Q3 2026, reflecting cost savings from restructuring and an improved revenue mix (SEC)
Operating cash flow surged 209% to $142 million in fiscal Q3 2026, bolstering liquidity and supporting dividend payments and debt reduction targets (SEC)
Net debt totaled $4.092 billion against $618 million in cash as of June 30, 2026, reflecting a high leverage ratio that may constrain financial flexibility (SEC)
Data summarised monthly by Lightyear AI. Last updated on 27 Aug 2026.
WMG Financial Performance
Revenues and expenses
WMG Earnings Performance
Company profitability
Upcoming events
No upcoming events
WMG News
AllArticlesVideos
Funds containing WMG
AllUSDGBPEUR
Fund name | Fund size | $WMG weighting |
|---|---|---|
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.12% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.12% |
iShares Euro Aggregate Bond ESG€EUN4 | €1.5B | 0.01% |
iShares Euro Aggregate Bond ESG£SEAG | £1.3B | 0.01% |
Amundi Prime All Country World€WEBN | €3.2B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.


