WMG Stock Overview
Operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 4/6 |
Past Performance | 4/6 |
Financial Health | 2/6 |
Dividends | 3/6 |
Warner Music Group Corp. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$29.72 |
52 Week High | US$34.43 |
52 Week Low | US$24.42 |
Beta | 1.37 |
11 Month Change | 4.17% |
3 Month Change | 15.91% |
1 Year Change | -2.04% |
33 Year Change | -28.18% |
5 Year Change | n/a |
Change since IPO | 12.62% |
Recent News & Updates
Recent updates
Shareholder Returns
WMG | AT Entertainment | AT Market | |
---|---|---|---|
7D | -0.7% | 0% | 0% |
1Y | -2.0% | 0% | 0% |
Return vs Industry: WMG underperformed the Austrian Entertainment industry which returned 5.4% over the past year.
Return vs Market: WMG underperformed the Austrian Market which returned 2.3% over the past year.
Price Volatility
WMG volatility | |
---|---|
WMG Average Weekly Movement | 3.3% |
Entertainment Industry Average Movement | 0% |
Market Average Movement | 0% |
10% most volatile stocks in AT Market | 0% |
10% least volatile stocks in AT Market | 0% |
Stable Share Price: WMG has not had significant price volatility in the past 3 months compared to the Austrian market.
Volatility Over Time: WMG's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1929 | 5,900 | Robert Kyncl | www.wmg.com |
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 Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin’ Records, Warner Classics, and Warner Music Nashville.
Warner Music Group Corp. Fundamentals Summary
WMG fundamental statistics | |
---|---|
Market cap | €15.29b |
Earnings (TTM) | €493.94m |
Revenue (TTM) | €5.85b |
31.0x
P/E Ratio2.6x
P/S RatioIs WMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
WMG income statement (TTM) | |
---|---|
Revenue | US$6.38b |
Cost of Revenue | US$3.35b |
Gross Profit | US$3.04b |
Other Expenses | US$2.50b |
Earnings | US$539.00m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 21, 2024
Earnings per share (EPS) | 1.04 |
Gross Margin | 47.57% |
Net Profit Margin | 8.45% |
Debt/Equity Ratio | 626.5% |
How did WMG perform over the long term?
See historical performance and comparison