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WMG Warner Music Group Corp.

Trailing twelve months to 2026-06-30 · as filed 2026-08-05, not restated
Consumer Disc

Scale

Market cap
$14.7bn
Revenue TTM
$7.3bn
Net income TTM
$672m
Free cash flow
$836m
Composite score
47.1
Sector rank
#541

Valuation

P / E
21.8
EV / EBITDA
13.2
EV / sales
2.6
FCF yield
5.70%
Earnings yield vs 10-yr
-0.15pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
9.2%
EBITDA margin
19.4%
ROE
78.7%
ROIC
20.2%
Revenue growth
12.9%

Insider activity, last 90 days

Net open-market
$0.00m
Buyers
0
Sellers
0

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

A reconciliation of consolidated Adjusted OIBDA to operating income (loss) and net income (loss) attributable to Warner Music Group Corp. is provided in our “Results of Operations.” Use of Constant Currency As exchange rates are an important factor in understanding period to period comparisons, we believe the presentation of revenue and Adjusted OIBDA on a constant-currency basis in addition to reported results helps improve the ability to understand our operating results and evaluate our performance in comparison to prior periods. …Warner Music Group Corp., 10-Q, period ended 2026-06-30, filed 2026-08-05

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