Warner Music Group Corp. (WMG)

28.03 -0.57% (-0.16)

Over 1M: +8.8%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

26 28
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q4 '21 — Revenue: 1.4B Q4 '21 — Operating Cash Flow: 228M Q4 '21 — Free Cash Flow: 193M Q4 '21 — Net Income: 28M Q1 '22 — Revenue: 1.6B Q1 '22 — Operating Cash Flow: 129M Q1 '22 — Free Cash Flow: 95M Q1 '22 — Net Income: 187M Q2 '22 — Revenue: 1.4B Q2 '22 — Operating Cash Flow: 44M Q2 '22 — Free Cash Flow: 16M Q2 '22 — Net Income: 92M Q3 '22 — Revenue: 1.4B Q3 '22 — Operating Cash Flow: 163M Q3 '22 — Free Cash Flow: 128M Q3 '22 — Net Income: 124M Q4 '22 — Revenue: 1.5B Q4 '22 — Operating Cash Flow: 406M Q4 '22 — Free Cash Flow: 368M Q4 '22 — Net Income: 148M Q1 '23 — Revenue: 1.5B Q1 '23 — Operating Cash Flow: 209M Q1 '23 — Free Cash Flow: 188M Q1 '23 — Net Income: 122M Q2 '23 — Revenue: 1.4B Q2 '23 — Operating Cash Flow: -6M Q2 '23 — Free Cash Flow: -41M Q2 '23 — Net Income: 34M Q3 '23 — Revenue: 1.6B Q3 '23 — Operating Cash Flow: 146M Q3 '23 — Free Cash Flow: 113M Q3 '23 — Net Income: 122M Q4 '23 — Revenue: 1.6B Q4 '23 — Operating Cash Flow: 338M Q4 '23 — Free Cash Flow: 300M Q4 '23 — Net Income: 152M Q1 '24 — Revenue: 1.7B Q1 '24 — Operating Cash Flow: 293M Q1 '24 — Free Cash Flow: 264M Q1 '24 — Net Income: 159M Q2 '24 — Revenue: 1.5B Q2 '24 — Operating Cash Flow: -31M Q2 '24 — Free Cash Flow: -57M Q2 '24 — Net Income: 96M Q3 '24 — Revenue: 1.6B Q3 '24 — Operating Cash Flow: 188M Q3 '24 — Free Cash Flow: 160M Q3 '24 — Net Income: 139M Q4 '24 — Revenue: 1.6B Q4 '24 — Operating Cash Flow: 304M Q4 '24 — Free Cash Flow: 271M Q4 '24 — Net Income: 41M Q1 '25 — Revenue: 1.7B Q1 '25 — Operating Cash Flow: 332M Q1 '25 — Free Cash Flow: 296M Q1 '25 — Net Income: 236M Q2 '25 — Revenue: 1.5B Q2 '25 — Operating Cash Flow: 69M Q2 '25 — Free Cash Flow: 33M Q2 '25 — Net Income: 36M Q3 '25 — Revenue: 1.7B Q3 '25 — Operating Cash Flow: 46M Q3 '25 — Free Cash Flow: 7M Q3 '25 — Net Income: -16M Q4 '25 — Revenue: 1.9B Q4 '25 — Operating Cash Flow: 231M Q4 '25 — Free Cash Flow: 203M Q4 '25 — Net Income: 109M Q1 '26 — Revenue: 1.8B Q1 '26 — Operating Cash Flow: 440M Q1 '26 — Free Cash Flow: 420M Q1 '26 — Net Income: 176M Q2 '26 — Revenue: 1.7B Q2 '26 — Operating Cash Flow: 126M Q2 '26 — Free Cash Flow: 99M Q2 '26 — Net Income: 183M Q3 '26 — Revenue: 1.9B Q3 '26 — Operating Cash Flow: 142M Q3 '26 — Free Cash Flow: 114M Q3 '26 — Net Income: 204M 0 400M 800M 1.2B 1.6B 2B
Q1 '22 Q4 '22 Q3 '23 Q2 '24 Q1 '25 Q4 '25 Q3 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.8
SBC / sales 0.74%
OE margin 10.7%
Oper. margin 13.7%
ROIC 16.0%
Accruals -2.5%
ROCE 15.9%
ROE 78.7%
Gross margin 45.8%
ROA 6.3%
FCF margin 11.4%
OCF margin 12.9%
OCF / EBIT 0.94×

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

6.4
RPO / sales 0.11×
Segment HHI 0.6 HHI
RPO growth -44.4%

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

2.6
ND/EBITDA —
Current ratio 0.79×
Cash / Debt 0.13×
Debt payback 4.9 yr
F-score 4.5 pts
Payout 59.5%
Quick ratio 0.72×
Debt / Eq 5.5×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.3
Sales/sh Y/Y +12.9%
EPS Y/Y +126.3%
Div. growth +6.1%
EBIT Y/Y +44.1%
EBIT CAGR +9.4%
Sales Q/Q +10.4%
EPS CAGR 4Y —
EPS next Y —
Shares change —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.