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Warner Music Group Corp. (WMG)

30.62 +0.15 (+0.49%)
At close: October 30 at 4:00:00 PM EDT
30.62 0.00 (0.00%)
After hours: October 30 at 4:00:16 PM EDT
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Chart Range Bar
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  • Previous Close 30.47
  • Open 30.80
  • Bid 22.05 x 200
  • Ask 39.18 x 200
  • Day's Range 30.35 - 31.10
  • 52 Week Range 23.34 - 35.42
  • Volume 2,105,715
  • Avg. Volume 2,167,593
  • Market Cap (intraday) 16.018B
  • Beta (5Y Monthly) 1.40
  • PE Ratio (TTM) 24.50
  • EPS (TTM) 1.25
  • Earnings Date Nov 19, 2026
  • Forward Dividend & Yield 0.80 (2.63%)
  • 1y Target Est 38.00
  • Morningstar Rating Rating available with Stock Picks access

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.

www.wmg.com

5,500

Full Time Employees

September 30

Fiscal Year Ends

Entertainment

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

WMG
1.78%
S&P 500 (^GSPC)
10.73%

1-Year Return

WMG
1.18%
S&P 500 (^GSPC)
11.11%

3-Year Return

WMG
5.39%
S&P 500 (^GSPC)
81.91%

5-Year Return

WMG
30.86%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.86B
Earnings 204M
Profit Margin 10.94%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
500M
1B
2B
6.0%
7.0%
8.0%
9.0%
10.0%

Analyst Insights

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Analyst Price Targets

30.00
38.00 Average
30.62 Current
46.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/15/2026
Analyst StoneX
Rating Action Initiated
Rating Buy
Price Action Announces
Price Target 41

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.20%

  • Return on Assets (ttm)

    7.65%

  • Return on Equity (ttm)

    70.07%

  • Revenue (ttm)

    7.3B

  • Net Income Avi to Common (ttm)

    665M

  • Diluted EPS (ttm)

    1.25

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    618M

  • Total Debt/Equity (mrq)

    452.95%

  • Levered Free Cash Flow (ttm)

    382.25M

Company Insights

Research Reports

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