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Warner Music Group NasdaqGS:WMG Stock Report

Last Price

US$32.00

Market Cap

US$16.6b

7D

3.5%

1Y

3.1%

Updated

21 Jul, 2024

Data

Company Financials +

Warner Music Group Corp.

NasdaqGS:WMG Stock Report

Market Cap: US$16.6b

WMG Stock Overview

Operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.

WMG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends3/6

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$32.00
52 Week HighUS$38.05
52 Week LowUS$29.07
Beta1.37
11 Month Change6.56%
3 Month Change-3.21%
1 Year Change3.13%
33 Year Change-15.14%
5 Year Changen/a
Change since IPO6.24%

Recent News & Updates

Recent updates

Warner Music Group Corp. (NASDAQ:WMG) Not Lagging Market On Growth Or Pricing

Jul 16
Warner Music Group Corp. (NASDAQ:WMG) Not Lagging Market On Growth Or Pricing

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

Jul 08

Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist

Jun 28
Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist

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

Jun 10
Here's Why Warner Music Group (NASDAQ:WMG) Has Caught The Eye Of Investors

Warner Music Group's (NASDAQ:WMG) Earnings May Just Be The Starting Point

May 21
Warner Music Group's (NASDAQ:WMG) Earnings May Just Be The Starting Point

Warner Music Group Corp. (NASDAQ:WMG) Shares Could Be 23% Below Their Intrinsic Value Estimate

May 08
Warner Music Group Corp. (NASDAQ:WMG) Shares Could Be 23% Below Their Intrinsic Value Estimate

Should You Investigate Warner Music Group Corp. (NASDAQ:WMG) At US$33.66?

Apr 17
Should You Investigate Warner Music Group Corp. (NASDAQ:WMG) At US$33.66?

Warner Music Group (NASDAQ:WMG) Might Have The Makings Of A Multi-Bagger

Mar 26
Warner Music Group (NASDAQ:WMG) Might Have The Makings Of A Multi-Bagger

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

Jan 22
What You Can Learn From Warner Music Group Corp.'s (NASDAQ:WMG) P/E

Warner Music Group (NASDAQ:WMG) Seems To Use Debt Quite Sensibly

Jan 01
Warner Music Group (NASDAQ:WMG) Seems To Use Debt Quite Sensibly

An Intrinsic Calculation For Warner Music Group Corp. (NASDAQ:WMG) Suggests It's 21% Undervalued

Dec 11
An Intrinsic Calculation For Warner Music Group Corp. (NASDAQ:WMG) Suggests It's 21% Undervalued

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

Nov 14
Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital

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

Oct 23
Is It Too Late To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?

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

Oct 02
Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet

Is Warner Music Group Corp. (NASDAQ:WMG) Trading At A 21% Discount?

Sep 11
Is Warner Music Group Corp. (NASDAQ:WMG) Trading At A 21% Discount?

Warner Music Group (NASDAQ:WMG) Is Paying Out A Larger Dividend Than Last Year

Aug 21
Warner Music Group (NASDAQ:WMG) Is Paying Out A Larger Dividend Than Last Year

Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist

Aug 09
Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist

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

Jul 05
Is It Too Late To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?

Does Warner Music Group (NASDAQ:WMG) Have A Healthy Balance Sheet?

Jun 19
Does Warner Music Group (NASDAQ:WMG) Have A Healthy Balance Sheet?

Is There An Opportunity With Warner Music Group Corp.'s (NASDAQ:WMG) 22% Undervaluation?

Jun 04
Is There An Opportunity With Warner Music Group Corp.'s (NASDAQ:WMG) 22% Undervaluation?

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

Shareholder Returns

WMGUS EntertainmentUS Market
7D3.5%-2.0%-1.8%
1Y3.1%18.3%19.4%

Return vs Industry: WMG underperformed the US Entertainment industry which returned 18.3% over the past year.

Return vs Market: WMG underperformed the US Market which returned 19.4% over the past year.

Price Volatility

Is WMG's price volatile compared to industry and market?
WMG volatility
WMG Average Weekly Movement4.7%
Entertainment Industry Average Movement6.1%
Market Average Movement5.9%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.9%

Stable Share Price: WMG has not had significant price volatility in the past 3 months.

Volatility Over Time: WMG's weekly volatility (5%) 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 capUS$16.57b
Earnings (TTM)US$522.00m
Revenue (TTM)US$6.39b

31.7x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WMG income statement (TTM)
RevenueUS$6.39b
Cost of RevenueUS$3.37b
Gross ProfitUS$3.03b
Other ExpensesUS$2.50b
EarningsUS$522.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)1.01
Gross Margin47.34%
Net Profit Margin8.17%
Debt/Equity Ratio681.0%

How did WMG perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

66%

Payout Ratio
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