(WMG) Warner Music - Overview
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US9345502036
Stock:
Total Rating 29
Risk 52
Buy Signal -0.01
| Risk 5d forecast | |
|---|---|
| Volatility | 36.9% |
| Relative Tail Risk | -10.6% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.49 |
| Alpha | -27.01 |
| Character TTM | |
|---|---|
| Beta | 0.675 |
| Beta Downside | 0.623 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.07% |
| CAGR/Max DD | -0.04 |
EPS (Earnings per Share)
Revenue
Description: WMG Warner Music
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 company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 305.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.16 > 1.0 |
| NWC/Revenue: -18.78% < 20% (prev -19.03%; Δ 0.25% < -1%) |
| CFO/TA 0.08 > 3% & CFO 786.0m > Net Income 305.0m |
| Net Debt (4.04b) to EBITDA (1.05b): 3.85 < 3 |
| Current Ratio: 0.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (519.0m) vs 12m ago 0.12% < -2% |
| Gross Margin: 44.43% > 18% (prev 0.47%; Δ 4396 % > 0.5%) |
| Asset Turnover: 71.84% > 50% (prev 69.36%; Δ 2.47% > 0%) |
| Interest Coverage Ratio: 3.45 > 6 (EBITDA TTM 1.05b / Interest Expense TTM 167.0m) |
Altman Z'' -1.02
| A: -0.13 (Total Current Assets 3.02b - Total Current Liabilities 4.31b) / Total Assets 10.01b |
| B: -0.13 (Retained Earnings -1.25b / Total Assets 10.01b) |
| C: 0.06 (EBIT TTM 576.0m / Avg Total Assets 9.58b) |
| D: -0.16 (Book Value of Equity -1.43b / Total Liabilities 9.18b) |
| Altman-Z'' Score: -1.02 = CCC |
Beneish M -2.91
| DSRI: 1.05 (Receivables 1.37b/1.20b, Revenue 6.88b/6.34b) |
| GMI: 1.06 (GM 44.43% / 46.89%) |
| AQI: 1.02 (AQ_t 0.64 / AQ_t-1 0.63) |
| SGI: 1.08 (Revenue 6.88b / 6.34b) |
| TATA: -0.05 (NI 305.0m - CFO 786.0m) / TA 10.01b) |
| Beneish M-Score: -2.91 (Cap -4..+1) = A |
What is the price of WMG shares?
As of March 01, 2026, the stock is trading at USD 28.60 with a total of 2,164,994 shares traded.
Over the past week, the price has changed by -4.32%, over one month by -4.87%, over three months by +1.93% and over the past year by -13.14%.
Over the past week, the price has changed by -4.32%, over one month by -4.87%, over three months by +1.93% and over the past year by -13.14%.
Is WMG a buy, sell or hold?
Warner Music has received a consensus analysts rating of 3.89.
Therefore, it is recommended to buy WMG.
- StrongBuy: 9
- Buy: 2
- Hold: 6
- Sell: 1
- StrongSell: 1
What are the forecasts/targets for the WMG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 37.4 | 30.9% |
| Analysts Target Price | 37.4 | 30.9% |
WMG Fundamental Data Overview February 28, 2026
P/E Trailing = 49.0877
P/E Forward = 23.753
P/S = 2.124
P/B = 30.2583
P/EG = 1.2799
Revenue TTM = 6.88b USD
EBIT TTM = 576.0m USD
EBITDA TTM = 1.05b USD
Long Term Debt = 4.37b USD (from longTermDebt, last quarter)
Short Term Debt = 47.0m USD (from shortTermDebt, last quarter)
Debt = 4.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.04b USD (from netDebt column, last quarter)
Enterprise Value = 18.66b USD (14.62b + Debt 4.79b - CCE 751.0m)
Interest Coverage Ratio = 3.45 (Ebit TTM 576.0m / Interest Expense TTM 167.0m)
EV/FCF = 35.74x (Enterprise Value 18.66b / FCF TTM 522.0m)
FCF Yield = 2.80% (FCF TTM 522.0m / Enterprise Value 18.66b)
FCF Margin = 7.59% (FCF TTM 522.0m / Revenue TTM 6.88b)
Net Margin = 4.43% (Net Income TTM 305.0m / Revenue TTM 6.88b)
Gross Margin = 44.43% ((Revenue TTM 6.88b - Cost of Revenue TTM 3.82b) / Revenue TTM)
Gross Margin QoQ = 40.98% (prev 44.65%)
Tobins Q-Ratio = 1.86 (Enterprise Value 18.66b / Total Assets 10.01b)
Interest Expense / Debt = 0.94% (Interest Expense 45.0m / Debt 4.79b)
Taxrate = 28.86% (71.0m / 246.0m)
NOPAT = 409.8m (EBIT 576.0m * (1 - 28.86%))
Current Ratio = 0.70 (Total Current Assets 3.02b / Total Current Liabilities 4.31b)
Debt / Equity = 6.66 (Debt 4.79b / totalStockholderEquity, last quarter 720.0m)
Debt / EBITDA = 3.85 (Net Debt 4.04b / EBITDA 1.05b)
Debt / FCF = 7.75 (Net Debt 4.04b / FCF TTM 522.0m)
Total Stockholder Equity = 630.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.18% (Net Income 305.0m / Total Assets 10.01b)
RoE = 48.36% (Net Income TTM 305.0m / Total Stockholder Equity 630.8m)
RoCE = 11.52% (EBIT 576.0m / Capital Employed (Equity 630.8m + L.T.Debt 4.37b))
RoIC = 8.23% (NOPAT 409.8m / Invested Capital 4.98b)
WACC = 6.49% (E(14.62b)/V(19.41b) * Re(8.40%) + D(4.79b)/V(19.41b) * Rd(0.94%) * (1-Tc(0.29)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.25%
[DCF] Terminal Value 84.03% ; FCFF base≈546.4m ; Y1≈551.6m ; Y5≈595.2m
[DCF] Fair Price = 73.37 (EV 14.83b - Net Debt 4.04b = Equity 10.78b / Shares 147.0m; r=6.49% [WACC]; 5y FCF grow 0.57% → 2.90% )
EPS Correlation: 41.70 | EPS CAGR: 26.25% | SUE: 0.47 | # QB: 0
Revenue Correlation: 78.59 | Revenue CAGR: 8.06% | SUE: 0.94 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.29 | Chg7d=-0.019 | Chg30d=-0.019 | Revisions Net=+0 | Analysts=4
EPS current Year (2026-09-30): EPS=1.46 | Chg7d=-0.105 | Chg30d=-0.098 | Revisions Net=+0 | Growth EPS=+19.6% | Growth Revenue=+5.8%
EPS next Year (2027-09-30): EPS=1.76 | Chg7d=+0.021 | Chg30d=+0.063 | Revisions Net=+4 | Growth EPS=+20.4% | Growth Revenue=+6.0%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.4% (Discount Rate 8.4% - Earnings Yield 2.0%)
[Growth] Growth Spread = +1.7% (Analyst 8.1% - Implied 6.4%)
P/E Forward = 23.753
P/S = 2.124
P/B = 30.2583
P/EG = 1.2799
Revenue TTM = 6.88b USD
EBIT TTM = 576.0m USD
EBITDA TTM = 1.05b USD
Long Term Debt = 4.37b USD (from longTermDebt, last quarter)
Short Term Debt = 47.0m USD (from shortTermDebt, last quarter)
Debt = 4.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.04b USD (from netDebt column, last quarter)
Enterprise Value = 18.66b USD (14.62b + Debt 4.79b - CCE 751.0m)
Interest Coverage Ratio = 3.45 (Ebit TTM 576.0m / Interest Expense TTM 167.0m)
EV/FCF = 35.74x (Enterprise Value 18.66b / FCF TTM 522.0m)
FCF Yield = 2.80% (FCF TTM 522.0m / Enterprise Value 18.66b)
FCF Margin = 7.59% (FCF TTM 522.0m / Revenue TTM 6.88b)
Net Margin = 4.43% (Net Income TTM 305.0m / Revenue TTM 6.88b)
Gross Margin = 44.43% ((Revenue TTM 6.88b - Cost of Revenue TTM 3.82b) / Revenue TTM)
Gross Margin QoQ = 40.98% (prev 44.65%)
Tobins Q-Ratio = 1.86 (Enterprise Value 18.66b / Total Assets 10.01b)
Interest Expense / Debt = 0.94% (Interest Expense 45.0m / Debt 4.79b)
Taxrate = 28.86% (71.0m / 246.0m)
NOPAT = 409.8m (EBIT 576.0m * (1 - 28.86%))
Current Ratio = 0.70 (Total Current Assets 3.02b / Total Current Liabilities 4.31b)
Debt / Equity = 6.66 (Debt 4.79b / totalStockholderEquity, last quarter 720.0m)
Debt / EBITDA = 3.85 (Net Debt 4.04b / EBITDA 1.05b)
Debt / FCF = 7.75 (Net Debt 4.04b / FCF TTM 522.0m)
Total Stockholder Equity = 630.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.18% (Net Income 305.0m / Total Assets 10.01b)
RoE = 48.36% (Net Income TTM 305.0m / Total Stockholder Equity 630.8m)
RoCE = 11.52% (EBIT 576.0m / Capital Employed (Equity 630.8m + L.T.Debt 4.37b))
RoIC = 8.23% (NOPAT 409.8m / Invested Capital 4.98b)
WACC = 6.49% (E(14.62b)/V(19.41b) * Re(8.40%) + D(4.79b)/V(19.41b) * Rd(0.94%) * (1-Tc(0.29)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.25%
[DCF] Terminal Value 84.03% ; FCFF base≈546.4m ; Y1≈551.6m ; Y5≈595.2m
[DCF] Fair Price = 73.37 (EV 14.83b - Net Debt 4.04b = Equity 10.78b / Shares 147.0m; r=6.49% [WACC]; 5y FCF grow 0.57% → 2.90% )
EPS Correlation: 41.70 | EPS CAGR: 26.25% | SUE: 0.47 | # QB: 0
Revenue Correlation: 78.59 | Revenue CAGR: 8.06% | SUE: 0.94 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.29 | Chg7d=-0.019 | Chg30d=-0.019 | Revisions Net=+0 | Analysts=4
EPS current Year (2026-09-30): EPS=1.46 | Chg7d=-0.105 | Chg30d=-0.098 | Revisions Net=+0 | Growth EPS=+19.6% | Growth Revenue=+5.8%
EPS next Year (2027-09-30): EPS=1.76 | Chg7d=+0.021 | Chg30d=+0.063 | Revisions Net=+4 | Growth EPS=+20.4% | Growth Revenue=+6.0%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.4% (Discount Rate 8.4% - Earnings Yield 2.0%)
[Growth] Growth Spread = +1.7% (Analyst 8.1% - Implied 6.4%)