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Warner Music Group WBAG:WMG Stock Report

Last Price

€29.72

Market Cap

€15.3b

7D

-0.7%

1Y

-2.0%

Updated

04 Nov, 2024

Data

Company Financials +

Warner Music Group Corp.

WBAG:WMG Stock Report

Market Cap: €15.3b

Warner Music Group Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Warner Music Group
Historical stock prices
Current Share PriceUS$29.72
52 Week HighUS$34.43
52 Week LowUS$24.42
Beta1.37
11 Month Change4.17%
3 Month Change15.91%
1 Year Change-2.04%
33 Year Change-28.18%
5 Year Changen/a
Change since IPO12.62%

Recent News & Updates

Recent updates

Shareholder Returns

WMGAT EntertainmentAT 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

Is WMG's price volatile compared to industry and market?
WMG volatility
WMG Average Weekly Movement3.3%
Entertainment Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in AT Market0%
10% least volatile stocks in AT Market0%

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

FoundedEmployeesCEOWebsite
19295,900Robert Kynclwww.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

How do Warner Music Group's earnings and revenue compare to its market cap?
WMG fundamental statistics
Market cap€15.29b
Earnings (TTM)€493.94m
Revenue (TTM)€5.85b

31.0x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WMG income statement (TTM)
RevenueUS$6.38b
Cost of RevenueUS$3.35b
Gross ProfitUS$3.04b
Other ExpensesUS$2.50b
EarningsUS$539.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 21, 2024

Earnings per share (EPS)1.04
Gross Margin47.57%
Net Profit Margin8.45%
Debt/Equity Ratio626.5%

How did WMG perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

65%

Payout Ratio