Warner Music Group Corp.

NasdaqGS:WMG Stock Report

Market Cap: US$16.3b

Warner Music Group Future Growth

Future criteria checks 4/6

Warner Music Group is forecast to grow earnings and revenue by 35.7% and 5.1% per annum respectively. EPS is expected to grow by 35.8% per annum. Return on equity is forecast to be 65.2% in 3 years.

Key information

35.7%

Earnings growth rate

35.76%

EPS growth rate

Entertainment earnings growth19.1%
Revenue growth rate5.1%
Future return on equity65.16%
Analyst coverage

Good

Last updated28 Oct 2025

Recent future growth updates

Results: Warner Music Group Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 09
Results: Warner Music Group Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Earnings Miss: Warner Music Group Corp. Missed EPS By 21% And Analysts Are Revising Their Forecasts

Nov 24
Earnings Miss: Warner Music Group Corp. Missed EPS By 21% And Analysts Are Revising Their Forecasts

Recent updates

Warner Music: Only Modest Growth And A Fragile Balance Sheet

Oct 17

Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?

Sep 30
Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?

What You Can Learn From Warner Music Group Corp.'s (NASDAQ:WMG) P/E

Jul 28
What You Can Learn From Warner Music Group Corp.'s (NASDAQ:WMG) P/E

Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 27% Above Its Share Price

Jun 26
Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 27% Above Its Share Price

Warner Music Group's (NASDAQ:WMG) Dividend Will Be $0.18

May 19
Warner Music Group's (NASDAQ:WMG) Dividend Will Be $0.18

Is It Time To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?

Apr 27
Is It Time To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?

Here's Why Warner Music Group (NASDAQ:WMG) Has Caught The Eye Of Investors

Mar 24
Here's Why Warner Music Group (NASDAQ:WMG) Has Caught The Eye Of Investors

Warner Music Group (NASDAQ:WMG) Has Announced A Dividend Of $0.18

Feb 18
Warner Music Group (NASDAQ:WMG) Has Announced A Dividend Of $0.18

Warner Music Group's (NASDAQ:WMG) Earnings Seem To Be Promising

Feb 13
Warner Music Group's (NASDAQ:WMG) Earnings Seem To Be Promising

Warner Music Group: Strategic Moves To Strengthen Its Catalog And Unlock Premium Revenue

Feb 10

Results: Warner Music Group Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 09
Results: Warner Music Group Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

What Is Warner Music Group Corp.'s (NASDAQ:WMG) Share Price Doing?

Dec 20
What Is Warner Music Group Corp.'s (NASDAQ:WMG) Share Price Doing?

Earnings Miss: Warner Music Group Corp. Missed EPS By 21% And Analysts Are Revising Their Forecasts

Nov 24
Earnings Miss: Warner Music Group Corp. Missed EPS By 21% And Analysts Are Revising Their Forecasts

Downgrading Warner Music Group As Spotify And Live Nation Strike A Chord

Nov 23

Warner Music Group (NASDAQ:WMG) Is Due To Pay A Dividend Of $0.18

Nov 12
Warner Music Group (NASDAQ:WMG) Is Due To Pay A Dividend Of $0.18

Warner Music Group: Serving The Middle Class Artists

Oct 10

Warner Music Group: Strong Competitive Position In The Music Label Industry

Jul 08

Earnings and Revenue Growth Forecasts

NasdaqGS:WMG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/20287,5768881,1891,3272
9/30/20277,2888599491,08811
9/30/20266,89871276790317
9/30/20256,52545858874517
6/30/20256,469293391751N/A
3/31/20256,334446535893N/A
12/31/20246,344505501793N/A
9/30/20246,426429451754N/A
6/30/20246,382539483788N/A
3/31/20246,392522466746N/A
12/31/20236,297461496771N/A
9/30/20236,037424446687N/A
6/30/20235,948420562755N/A
3/31/20235,816423579772N/A
12/31/20225,793479641822N/A
9/30/20225,919544416742N/A
6/30/20225,798426232564N/A
3/31/20225,70636352492N/A
12/31/20215,580389167598N/A
9/30/20215,30130064638N/A
6/30/20215,05127020586N/A
3/31/20214,721-310174618N/A
12/31/20204,542-500113554N/A
9/30/20204,463-476338463N/A
6/30/20204,461-384323438N/A
3/31/20204,509149349465N/A
12/31/20194,528290246386N/A
9/30/20194,475256255400N/A
6/30/20194,390152266409N/A
3/31/20194,290459N/A388N/A
12/31/20184,163389N/A381N/A
9/30/20184,005307N/A425N/A
6/30/20183,883282N/A491N/A
3/31/20183,842103N/A445N/A
12/31/20173,704125N/A515N/A
9/30/20173,576143N/A535N/A
6/30/20173,500178N/A444N/A
3/31/20173,39428N/A396N/A
12/31/20163,31420N/A437N/A
9/30/20163,24625N/A342N/A
6/30/20163,1556N/A311N/A
3/31/20163,054-29N/A252N/A
12/31/20152,986-22N/A248N/A
9/30/20152,966-91N/A222N/A
6/30/20152,987-94N/A207N/A
3/31/20153,065-235N/A193N/A
12/31/20143,041-313N/A217N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WMG's forecast earnings growth (35.7% per year) is above the savings rate (3.1%).

Earnings vs Market: WMG's earnings (35.7% per year) are forecast to grow faster than the US market (15.7% per year).

High Growth Earnings: WMG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WMG's revenue (5.1% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: WMG's revenue (5.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WMG's Return on Equity is forecast to be very high in 3 years time (65.2%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/30 03:53
End of Day Share Price 2025/10/30 00:00
Earnings2025/06/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Warner Music Group Corp. is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kannan VenkateshwarBarclays
Jessica Reif Ehrlich CohenBofA Global Research
Jessica Reif Ehrlich CohenBofA Global Research