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Warner Music Group Corp.

$29.05 -$1.39 (-4.57%)
NASDAQ · 15 Sep 2026 20:00 UTC
Previous Close
$29.25
Day Range
$28.43$29.1
Year Range
$23.34$35.42
Market Cap
15.16B
AVG Volume
2.34M
Trailing/Forward PE
22.52/16.12
PEG ratio
1.08
Dividend Yield
2.65%
Next Earnings Date
2026-11-19
Primary Exchange
NASDAQUS
Revenue (USD)
0500M1B1.5B2B24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q31.86B
26 Q21.73B
26 Q11.84B
25 Q41.87B
25 Q31.69B
25 Q21.48B
25 Q11.67B
24 Q41.63B
24 Q31.55B
24 Q21.49B
Net Income (USD)
-100M0100M200M300M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q3204M
26 Q2183M
26 Q1176M
25 Q4109M
25 Q3-16M
25 Q236M
25 Q1236M
24 Q441M
24 Q3139M
24 Q296M
Operating Income (USD)
0100M200M300M400M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q3305M
26 Q2270M
26 Q1327M
25 Q4143M
25 Q3169M
25 Q2168M
25 Q1214M
24 Q4143M
24 Q3207M
24 Q2119M
EBITDA (USD)
0200M400M600M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q3405M
26 Q2398M
26 Q1390M
25 Q4339M
25 Q3128M
25 Q2194M
25 Q1453M
24 Q4174M
24 Q3291M
24 Q2239M
Cash Flows (USD)
-200M0200M400M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q3114M
26 Q2107M
26 Q1390M
25 Q4203M
25 Q37M
25 Q2-46M
25 Q1296M
24 Q4207M
24 Q3160M
24 Q2-80M
EPS (USD)
-0.200.20.40.624 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG EPS (USD) by quarter
PeriodEPS (USD)
26 Q30.39
26 Q20.35
26 Q10.34
25 Q40.21
25 Q3-0.03
25 Q20.07
25 Q10.45
24 Q40.08
24 Q30.26
24 Q20.18
Expenses (USD)
0200M400M600MSG&ACapex24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q3492M
26 Q2456M
26 Q1477M
25 Q4404M
25 Q3510M
25 Q2537M
25 Q1481M
24 Q4566M
24 Q3490M
24 Q2469M
Cash & Debt (USD)
02B4B6BCashLong Term DebtShort Term Debt24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q3618M
26 Q2741M
26 Q1751M
25 Q4532M
25 Q3527M
25 Q2637M
25 Q1802M
24 Q4694M
24 Q3607M
24 Q2587M
Debt ratios
024624 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Debt ratios by quarter
PeriodDebt ratios
26 Q32.81
26 Q23.35
26 Q13.85
25 Q43.66
25 Q34.31
25 Q23.52
25 Q12.96
24 Q43.3
24 Q32.94
24 Q22.96
Margins
0%20%40%60%24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Margins by quarter
PeriodMargins
26 Q345.82%
26 Q246.3%
26 Q146.36%
25 Q444.65%
25 Q345.94%
25 Q246.7%
25 Q146.34%
24 Q447.61%
24 Q346.59%
24 Q247.05%
Return on Capital
-10%0%10%20%30%40%24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Return on Capital by quarter
PeriodReturn on Capital
26 Q318.78%
26 Q218.83%
26 Q121.23%
25 Q414.4%
25 Q3-1.97%
25 Q24.56%
25 Q133.86%
24 Q46.07%
24 Q321.89%
24 Q216.41%
Shares Outstanding
0200M400M600M24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Shares Outstanding by quarter
PeriodShares Outstanding
26 Q3521.68M
26 Q2519.05M
26 Q1519.05M
25 Q4519.05M
25 Q3521.26M
25 Q2520.32M
25 Q1518.43M
24 Q4516.17M
24 Q3514.81M
24 Q2517.84M
Dividends (USD)
00.050.10.150.2May 24Aug 24Nov 24Feb 25May 25Aug 25Nov 25Feb 26May 26Aug 26
WMG Dividends (USD) by quarter
PeriodDividends (USD)
Aug 260.2
May 260.19
Feb 260.19
Nov 250.19
Aug 250.19
May 250.18
Feb 250.18
Nov 240.18
Aug 240.18
May 240.17
Employee Count
02K4K6K8K2016201720182019202020212022202320242025
WMG Employee Count by quarter
PeriodEmployee Count
20255.5K
20245.8K
20235.9K
20226.2K
20215.9K
20205.5K
20195.4K
20184.66K
20174.52K
20164.45K
Book Value Per Share (USD)
012324 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q32.08
26 Q21.87
26 Q11.6
25 Q41.46
25 Q31.56
25 Q21.52
25 Q11.34
24 Q41.31
24 Q31.23
24 Q21.13
Total Assets (USD)
05B10B15B24 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q226 Q3
WMG Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q310.73B
26 Q210.61B
26 Q110.01B
25 Q49.83B
25 Q39.78B
25 Q29.57B
25 Q19.15B
24 Q49.15B
24 Q38.83B
24 Q28.73B
PE Ratio
102030405060med 36.78Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
WMG PE Ratio by quarter
PeriodPE Ratio
Sep 2622.7
Sep 2621.99
Sep 2622.34
Aug 2621.76
Aug 2621.06
Aug 2619.91
Aug 2620.49
Jul 2629.81
Jul 2630.49
Jul 2632.53
Jul 2633.29
Jul 2632.47
Jun 2630.96
Jun 2632.35
Jun 2632.68
Jun 2634.37
May 2636.22
May 2639.87
May 2638.39
May 2638.31
May 2647.62
Apr 2649.25
Apr 2651.48
Apr 2648.5
Apr 2644.43
Mar 2640.45
Mar 2640.66
Mar 2646.49
Mar 2647.38
Feb 2648.67
Feb 2650.87
Feb 2650.12
Feb 2641.31
Jan 2642.63
Jan 2643.12
Jan 2643.5
Jan 2644.1
Jan 2643.29
Dec 2542.59
Dec 2541.74
Dec 2539.52
Dec 2540.68
Nov 2540.16
Nov 2543.64
Nov 2553.28
Nov 2553.06
Oct 2556.09
Oct 2557.6
Oct 2557.9
Oct 2556.3
Oct 2559.41
Sep 2558.44
Sep 2558.87
Sep 2559.01
Sep 2557.37
Aug 2558.53
Aug 2559.27
Aug 2557.09
Aug 2555.65
Aug 2532.96
Jul 2535.86
Jul 2535.94
Jul 2534.27
Jul 2533.83
Jun 2531.31
Jun 2530.47
Jun 2530.32
Jun 2530.36
May 2530.3
May 2530.18
May 2531.88
May 2531.5
May 2530.64
Apr 2530.2
Apr 2529.49
Apr 2529.39
Apr 2529.85
Mar 2531.96
Mar 2532.85
Mar 2533.32
Mar 2534.82
Feb 2534.12
Feb 2535.7
Feb 2536.76
Feb 2533.13
Jan 2537.73
Jan 2535.36
Jan 2535.88
Jan 2534.81
Jan 2536.81
Dec 2437.32
Dec 2436.97
Dec 2438.59
Dec 2438.46
Nov 2438.59
Nov 2437.79
Nov 2431.04
Nov 2431.12
Nov 2430.37
Oct 2430.53
Free Cash Flow Yield
2%3%4%5%6%7%med 3.55%Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
WMG Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 265.34%
Sep 265.51%
Sep 265.42%
Aug 265.57%
Aug 265.75%
Aug 266.08%
Aug 265.91%
Jul 265.25%
Jul 265.13%
Jul 264.81%
Jul 264.7%
Jul 264.82%
Jun 265.05%
Jun 264.84%
Jun 264.79%
Jun 264.55%
May 264.32%
May 263.92%
May 264.07%
May 264.08%
May 263.81%
Apr 263.69%
Apr 263.53%
Apr 263.75%
Apr 264.09%
Mar 264.49%
Mar 264.47%
Mar 263.91%
Mar 263.83%
Feb 263.73%
Feb 263.57%
Feb 263.62%
Feb 263.05%
Jan 262.96%
Jan 262.92%
Jan 262.9%
Jan 262.86%
Jan 262.91%
Dec 252.96%
Dec 253.02%
Dec 253.19%
Dec 253.1%
Nov 253.14%
Nov 252.89%
Nov 252.93%
Nov 252.94%
Oct 252.79%
Oct 252.71%
Oct 252.7%
Oct 252.77%
Oct 252.63%
Sep 252.67%
Sep 252.65%
Sep 252.65%
Sep 252.72%
Aug 252.67%
Aug 252.64%
Aug 252.74%
Aug 252.81%
Aug 254.14%
Jul 253.81%
Jul 253.8%
Jul 253.98%
Jul 254.03%
Jun 254.36%
Jun 254.48%
Jun 254.5%
Jun 254.5%
May 254.51%
May 254.52%
May 254.28%
May 254.33%
May 253.72%
Apr 253.77%
Apr 253.86%
Apr 253.87%
Apr 253.81%
Mar 253.56%
Mar 253.47%
Mar 253.42%
Mar 253.27%
Feb 253.34%
Feb 253.19%
Feb 253.1%
Feb 253.44%
Jan 253%
Jan 253.2%
Jan 253.15%
Jan 253.25%
Jan 253.07%
Dec 243.03%
Dec 243.06%
Dec 242.93%
Dec 242.94%
Nov 242.93%
Nov 242.99%
Nov 243.09%
Nov 243.08%
Nov 243.16%
Oct 243.14%
Price to Sales
1.522.53med 2.37Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
WMG Price to Sales by quarter
PeriodPrice to Sales
Sep 262.09
Sep 262.02
Sep 262.06
Aug 262
Aug 261.94
Aug 261.83
Aug 261.88
Jul 261.89
Jul 261.93
Jul 262.06
Jul 262.11
Jul 262.06
Jun 261.96
Jun 262.05
Jun 262.07
Jun 262.18
May 262.3
May 262.53
May 262.43
May 262.43
May 262.11
Apr 262.18
Apr 262.28
Apr 262.15
Apr 261.97
Mar 261.79
Mar 261.8
Mar 262.06
Mar 262.1
Feb 262.16
Feb 262.25
Feb 262.22
Feb 262.25
Jan 262.32
Jan 262.35
Jan 262.37
Jan 262.4
Jan 262.36
Dec 252.32
Dec 252.27
Dec 252.15
Dec 252.21
Nov 252.19
Nov 252.38
Nov 252.45
Nov 252.44
Oct 252.58
Oct 252.64
Oct 252.66
Oct 252.58
Oct 252.73
Sep 252.68
Sep 252.7
Sep 252.71
Sep 252.63
Aug 252.69
Aug 252.72
Aug 252.62
Aug 252.56
Aug 252.35
Jul 252.56
Jul 252.56
Jul 252.45
Jul 252.41
Jun 252.23
Jun 252.17
Jun 252.16
Jun 252.17
May 252.16
May 252.15
May 252.27
May 252.25
May 252.47
Apr 252.44
Apr 252.38
Apr 252.37
Apr 252.41
Mar 252.58
Mar 252.65
Mar 252.69
Mar 252.81
Feb 252.75
Feb 252.88
Feb 252.97
Feb 252.67
Jan 252.55
Jan 252.39
Jan 252.43
Jan 252.36
Jan 252.49
Dec 242.53
Dec 242.5
Dec 242.61
Dec 242.6
Nov 242.61
Nov 242.56
Nov 242.66
Nov 242.66
Nov 242.6
Oct 242.61
EV/EBITDA
10152025med 17.44Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
WMG EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 2612.77
Sep 2612.45
Sep 2612.61
Aug 2612.35
Aug 2612.05
Aug 2611.54
Aug 2611.79
Jul 2614.08
Jul 2614.33
Jul 2615.06
Jul 2615.34
Jul 2615.04
Jun 2614.5
Jun 2615
Jun 2615.12
Jun 2615.73
May 2616.39
May 2617.71
May 2617.17
May 2617.14
May 2617.67
Apr 2618.14
Apr 2618.79
Apr 2617.92
Apr 2616.74
Mar 2615.59
Mar 2615.65
Mar 2617.34
Mar 2617.6
Feb 2617.97
Feb 2618.61
Feb 2618.39
Feb 2617.19
Jan 2617.63
Jan 2617.79
Jan 2617.91
Jan 2618.11
Jan 2617.84
Dec 2517.61
Dec 2517.33
Dec 2516.61
Dec 2516.99
Nov 2516.82
Nov 2517.96
Nov 2520.99
Nov 2520.92
Oct 2521.87
Oct 2522.34
Oct 2522.43
Oct 2521.93
Oct 2522.9
Sep 2522.6
Sep 2522.73
Sep 2522.78
Sep 2522.27
Aug 2522.63
Aug 2522.86
Aug 2522.18
Aug 2521.73
Aug 2516.92
Jul 2518.1
Jul 2518.13
Jul 2517.45
Jul 2517.28
Jun 2516.25
Jun 2515.91
Jun 2515.85
Jun 2515.86
May 2515.84
May 2515.79
May 2516.48
May 2516.33
May 2516.52
Apr 2516.32
Apr 2516.01
Apr 2515.97
Apr 2516.17
Mar 2517.1
Mar 2517.49
Mar 2517.7
Mar 2518.37
Feb 2518.06
Feb 2518.76
Feb 2519.22
Feb 2517.62
Jan 2518.37
Jan 2517.42
Jan 2517.63
Jan 2517.21
Jan 2518
Dec 2418.21
Dec 2418.07
Dec 2418.71
Dec 2418.66
Nov 2418.71
Nov 2418.4
Nov 2416.58
Nov 2416.61
Nov 2416.29
Oct 2416.36
Price/Operating Cashflow
12.51517.52022.525med 20.4Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
WMG Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 2616.11
Sep 2615.61
Sep 2615.85
Aug 2615.44
Aug 2614.95
Aug 2614.13
Aug 2614.54
Jul 2615.83
Jul 2616.19
Jul 2617.28
Jul 2617.68
Jul 2617.25
Jun 2616.44
Jun 2617.18
Jun 2617.36
Jun 2618.26
May 2619.24
May 2621.18
May 2620.39
May 2620.35
May 2618.48
Apr 2619.11
Apr 2619.98
Apr 2618.82
Apr 2617.24
Mar 2615.7
Mar 2615.78
Mar 2618.04
Mar 2618.38
Feb 2618.89
Feb 2619.74
Feb 2619.45
Feb 2622.24
Jan 2622.95
Jan 2623.21
Jan 2623.42
Jan 2623.74
Jan 2623.3
Dec 2522.93
Dec 2522.47
Dec 2521.27
Dec 2521.9
Nov 2521.62
Nov 2523.49
Nov 2521.07
Nov 2520.98
Oct 2522.18
Oct 2522.78
Oct 2522.9
Oct 2522.27
Oct 2523.49
Sep 2523.11
Sep 2523.28
Sep 2523.34
Sep 2522.69
Aug 2523.15
Aug 2523.44
Aug 2522.58
Aug 2522.01
Aug 2516.68
Jul 2518.15
Jul 2518.19
Jul 2517.35
Jul 2517.12
Jun 2515.85
Jun 2515.42
Jun 2515.35
Jun 2515.36
May 2515.34
May 2515.28
May 2516.13
May 2515.94
May 2519.78
Apr 2519.5
Apr 2519.04
Apr 2518.98
Apr 2519.27
Mar 2520.63
Mar 2521.21
Mar 2521.52
Mar 2522.48
Feb 2522.03
Feb 2523.05
Feb 2523.73
Feb 2521.39
Jan 2521.77
Jan 2520.4
Jan 2520.7
Jan 2520.09
Jan 2521.24
Dec 2421.53
Dec 2421.33
Dec 2422.26
Dec 2422.19
Nov 2422.26
Nov 2421.8
Nov 2421.51
Nov 2421.56
Nov 2421.04
Oct 2421.15
Price to Book
1015202530med 20.24Dec 24Apr 25Jul 25Nov 25Feb 26Jun 26Sep 26
WMG Price to Book by quarter
PeriodPrice to Book
Sep 2614.05
Sep 2613.61
Sep 2613.82
Aug 2613.46
Aug 2613.03
Aug 2612.32
Aug 2612.68
Jul 2613.86
Jul 2614.18
Jul 2615.13
Jul 2615.48
Jul 2615.1
Jun 2614.4
Jun 2615.04
Jun 2615.2
Jun 2615.98
May 2616.84
May 2618.54
May 2617.85
May 2617.81
May 2617.52
Apr 2618.12
Apr 2618.94
Apr 2617.84
Apr 2616.35
Mar 2614.88
Mar 2614.96
Mar 2617.11
Mar 2617.43
Feb 2617.91
Feb 2618.71
Feb 2618.44
Feb 2619.92
Jan 2620.56
Jan 2620.79
Jan 2620.97
Jan 2621.26
Jan 2620.87
Dec 2520.54
Dec 2520.12
Dec 2519.05
Dec 2519.62
Nov 2519.36
Nov 2521.04
Nov 2519.49
Nov 2519.41
Oct 2520.52
Oct 2521.07
Oct 2521.18
Oct 2520.59
Oct 2521.73
Sep 2521.38
Sep 2521.53
Sep 2521.58
Sep 2520.99
Aug 2521.41
Aug 2521.68
Aug 2520.88
Aug 2520.36
Aug 2518.86
Jul 2520.52
Jul 2520.56
Jul 2519.61
Jul 2519.36
Jun 2517.91
Jun 2517.43
Jun 2517.35
Jun 2517.37
May 2517.34
May 2517.27
May 2518.24
May 2518.02
May 2522.51
Apr 2522.19
Apr 2521.66
Apr 2521.59
Apr 2521.93
Mar 2523.47
Mar 2524.13
Mar 2524.48
Mar 2525.58
Feb 2525.07
Feb 2526.23
Feb 2527
Feb 2524.34
Jan 2524.32
Jan 2522.79
Jan 2523.12
Jan 2522.44
Jan 2523.72
Dec 2424.05
Dec 2423.83
Dec 2424.87
Dec 2424.78
Nov 2424.87
Nov 2424.36
Nov 2426.69
Nov 2426.75
Nov 2426.11
Oct 2426.25
Warner Music Group Corp.
WMG
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News: WMG

Suno releases new AI music models in partnership with Warner Music, BMG

reuters.com · 9 Sep 2026

Suno releases new AI music models in partnership with Warner Music, BMG

AI music startup Suno on Wednesday launched a suite of AI models in partnership with record companies Warner Music Group and BMG to allow users to generate ​new music inspired by licensed music of participating artists.

Sony, Warner Music sue Anthropic over songs used in AI training

reuters.com · 31 Aug 2026

Sony, Warner Music sue Anthropic over songs used in AI training

The music publishing branches of Sony Music and Warner Music have sued Anthropic in California federal court for allegedly misusing their copyrighted ​song compositions to train its Claude AI models.

Dividend Champion, Contender, And Challenger Highlights: Week August 16

seekingalpha.com · 14 Aug 2026

Dividend Champion, Contender, And Challenger Highlights: Week August 16

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Assenagon Asset Management S.A. Buys Shares of 266,620 Warner Music Group Corp. $WMG

defenseworld.net · 12 Aug 2026

Assenagon Asset Management S.A. Buys Shares of 266,620 Warner Music Group Corp. $WMG

Assenagon Asset Management S.A. purchased a new position in shares of Warner Music Group Corp. (NASDAQ: WMG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 266,620 shares of the company's stock, valued at approximately $7,217,000. Assenagon Asset Management S.A. owned 0.05%

Warner Music Q3: A High-Quality Compounder At A Much Better Price

seekingalpha.com · 7 Aug 2026

Warner Music Q3: A High-Quality Compounder At A Much Better Price

Warner Music Group has doubled revenue and nearly tripled EBITDA since IPO, yet its stock price remains flat due to multiple contraction. WMG's core growth is underpinned by robust streaming revenues, improved pricing strategies, and new per-subscriber minimum contracts, notably with Apple. AI presents both opportunity and execution risk; WMG is monetizing AI licensing but must balance artist interests and strategic positioning.

Here's What Key Metrics Tell Us About Warner Music Group (WMG) Q3 Earnings

zacks.com · 6 Aug 2026

Here's What Key Metrics Tell Us About Warner Music Group (WMG) Q3 Earnings

While the top- and bottom-line numbers for Warner Music Group (WMG) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Warner Music Group Q3 Earnings Call Highlights

defenseworld.net · 6 Aug 2026

Warner Music Group Q3 Earnings Call Highlights

Warner Music Group (NASDAQ: WMG) reported fiscal third-quarter revenue growth and margin expansion, citing subscription price increases, streaming-market-share progress, cost reductions and strong cash-flow generation. For the quarter ended June 30, total revenue rose 9%, or 11% on an adjusted constant-currency basis. Adjusted OIBDA increased 15%, producing 100 basis points of margin expansion. Operating cash flow

Warner Music Group Q3 Earnings Call Highlights

marketbeat.com · 6 Aug 2026

Warner Music Group Q3 Earnings Call Highlights

Warner Music Group NASDAQ: WMG reported fiscal third-quarter revenue growth and margin expansion, citing subscription price increases, streaming-market-share progress, cost reductions and strong cash-flow generation.

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