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WMG

Warner Music Group NasdaqGS:WMG Stock Report

Last Price

US$24.45

Market Cap

US$12.5b

7D

-3.7%

1Y

-16.6%

Updated

31 May, 2023

Data

Company Financials +

Warner Music Group Corp.

NasdaqGS:WMG Stock Report

Mkt Cap: US$12.5b

WMG Stock Overview

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.

WMG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance5/6
Financial Health1/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

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$24.45
52 Week HighUS$38.76
52 Week LowUS$21.57
Beta1.58
1 Month Change-21.31%
3 Month Change-21.56%
1 Year Change-16.64%
3 Year Change-18.82%
5 Year Changen/a
Change since IPO-18.82%

Recent News & Updates

Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital

May 02
Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital

Recent updates

Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital

May 02
Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital

Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?

Mar 07
Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?

Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet

Feb 03
Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet

A Look At The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)

Jan 16
A Look At The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)

Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital

Dec 29
Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital

Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?

Nov 08
Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?

Is Warner Music Group (NASDAQ:WMG) A Risky Investment?

Oct 18
Is Warner Music Group (NASDAQ:WMG) A Risky Investment?

Goldman Sachs starts Warner Music Group at Buy on tailwinds

Oct 11

Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital

Sep 27
Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital

Warner Music Group rises on report set to name ex YouTube business chief as new CEO

Sep 21

Warner Music Group Corp.'s (NASDAQ:WMG) Price In Tune With Earnings

Sep 06
Warner Music Group Corp.'s (NASDAQ:WMG) Price In Tune With Earnings

Warner Music Group: Stealth Dividend Growth Opportunity

Aug 19

Warner Music Group (NASDAQ:WMG) Will Pay A Larger Dividend Than Last Year At $0.16

Aug 16
Warner Music Group (NASDAQ:WMG) Will Pay A Larger Dividend Than Last Year At $0.16

Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 60% Above Its Share Price

Aug 11
Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 60% Above Its Share Price

Warner Music Q3 2022 Earnings Preview

Aug 08

These 4 Measures Indicate That Warner Music Group (NASDAQ:WMG) Is Using Debt Reasonably Well

Jun 30
These 4 Measures Indicate That Warner Music Group (NASDAQ:WMG) Is Using Debt Reasonably Well

Is Now An Opportune Moment To Examine Warner Music Group Corp. (NASDAQ:WMG)?

Jun 09
Is Now An Opportune Moment To Examine Warner Music Group Corp. (NASDAQ:WMG)?

Warner Music Group: Slow But Steady, Don't Forget About This Music Leader

May 22

Warner Music Group's (NASDAQ:WMG) Returns On Capital Are Heading Higher

May 18
Warner Music Group's (NASDAQ:WMG) Returns On Capital Are Heading Higher

Does This Valuation Of Warner Music Group Corp. (NASDAQ:WMG) Imply Investors Are Overpaying?

Apr 22
Does This Valuation Of Warner Music Group Corp. (NASDAQ:WMG) Imply Investors Are Overpaying?

Here's Why Warner Music Group (NASDAQ:WMG) Has A Meaningful Debt Burden

Mar 21
Here's Why Warner Music Group (NASDAQ:WMG) Has A Meaningful Debt Burden

Is Warner Music Group Stock A Good Long-Term Investment?

Feb 16

Warner Music Group Corp. Just Beat EPS By 28%: Here's What Analysts Think Will Happen Next

Feb 11
Warner Music Group Corp. Just Beat EPS By 28%: Here's What Analysts Think Will Happen Next

Calculating The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)

Dec 13
Calculating The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)

Warner Music Group Appears Fairly Valued

Nov 26

Warner Music Group (NASDAQ:WMG) Is Doing The Right Things To Multiply Its Share Price

Oct 04
Warner Music Group (NASDAQ:WMG) Is Doing The Right Things To Multiply Its Share Price

Warner Music Group: This Ship Is Taking Off

Sep 23

We Think Warner Music Group (NASDAQ:WMG) Is Taking Some Risk With Its Debt

Sep 06
We Think Warner Music Group (NASDAQ:WMG) Is Taking Some Risk With Its Debt

Warner Music Group's (NASDAQ:WMG) Strong Earnings Are Of Good Quality

Aug 10
Warner Music Group's (NASDAQ:WMG) Strong Earnings Are Of Good Quality

Calculating The Intrinsic Value Of Warner Music Group Corp. (NASDAQ:WMG)

Aug 03
Calculating The Intrinsic Value Of Warner Music Group Corp. (NASDAQ:WMG)

Warner Music Group: Streaming Growth Is Impressive

Jul 01

Capital Allocation Trends At Warner Music Group (NASDAQ:WMG) Aren't Ideal

Jun 11
Capital Allocation Trends At Warner Music Group (NASDAQ:WMG) Aren't Ideal

Warner Music Group (NASDAQ:WMG) Takes On Some Risk With Its Use Of Debt

May 11
Warner Music Group (NASDAQ:WMG) Takes On Some Risk With Its Use Of Debt

Warner Music EPS beats by $0.07, beats on revenue

May 04

Don't Race Out To Buy Warner Music Group Corp. (NASDAQ:WMG) Just Because It's Going Ex-Dividend

Feb 15
Don't Race Out To Buy Warner Music Group Corp. (NASDAQ:WMG) Just Because It's Going Ex-Dividend

Warner Music Group gets post-earnings BofA upgrade, Street-high price target

Feb 03

Morgan Stanley bullish on Warner Music, Spotify as earnings arrive

Feb 01

Warner Music Group: Elements Of Growth Are Materializing

Jan 29

A Look At The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)

Jan 20
A Look At The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)

Warner Music Group cut at Credit Suisse on valuation

Jan 11

TikTok signs new music deal with Warner Music Group; rival Triller plans public debut in Q1

Dec 18

Shareholder Returns

WMGUS EntertainmentUS Market
7D-3.7%1.4%1.0%
1Y-16.6%3.5%-0.2%

Return vs Industry: WMG underperformed the US Entertainment industry which returned 3.5% over the past year.

Return vs Market: WMG underperformed the US Market which returned -0.2% over the past year.

Price Volatility

Is WMG's price volatile compared to industry and market?
WMG volatility
WMG Average Weekly Movement5.1%
Entertainment Industry Average Movement8.3%
Market Average Movement6.5%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: WMG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: WMG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19296,200Robert Kynclhttps://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

How do Warner Music Group's earnings and revenue compare to its market cap?
WMG fundamental statistics
Market CapUS$12.52b
Earnings (TTM)US$423.00m
Revenue (TTM)US$5.82b

29.8x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WMG income statement (TTM)
RevenueUS$5.82b
Cost of RevenueUS$3.05b
Gross ProfitUS$2.77b
Other ExpensesUS$2.35b
EarningsUS$423.00m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.82
Gross Margin47.61%
Net Profit Margin7.27%
Debt/Equity Ratio1,498.5%

How did WMG perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

77%

Payout Ratio