WMG logo

WARNER MUSIC GROUP CORP-CL A

WMGNASDAQ
πŸ† #703 by market capEarnings Nov 18 Β· PostUS Equity
$27.62β–² $0.49 (+1.77%)
πŸŒ™ After hours$27.92β–² 1.07%Regular close Β· extended-hours price shown
πŸ””
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Track
24hβ–² 1.8%
7dβ–² 0.8%
14dβ–Ό 4.9%
30dβ–Ό 1.5%
ytdβ–Ό 9.9%
1yβ–Ό 18.3%
🏦Market Cap
$14.41B
Mid Cap
πŸ“ˆRevenue Growth (YoY)
+4.4%
Slowing
πŸ“ŠGross Margin
45.8%
Healthy
πŸ’΅FCF Margin
11.1%
Healthy
βš–οΈP/S Ratio
1.9x
Cheap
Otter Score
84
Good

Trading Snapshot

Day Range
$27.39 – $28.12
52-Week Range
$23.34 – $35.42
Volume
$2.33B
Avg Volume
$2.49B
Shares Outstanding
521.9M
Next Earnings
Oct 31, 2026

Fundamentals Snapshot

Annual Revenue
$6.71B
Last Q Revenue
$1.86B
P/E Ratio
21.0
P/S Ratio
1.9x
EPS (TTM)
$1.29
Dividend Yield
2.84%
Dilution (1yr)
+0.1%

Why Investors Own WMG

  • βœ“High-growth profile β€” revenue up +17.5% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 73% gross margin and 25% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

WMG logo

WARNER MUSIC GROUP CORP-CL A

WMG
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$6.7Bβ–² +4.4% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
45.8%β–Ό βˆ’4.1% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$694Mβ–Ό βˆ’15.7% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$539Mβ–Ό βˆ’15.5% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
519.0Mβ–² +0.1% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$4.0Bβ–Ό βˆ’$621M YoY
StockOtter Β· stockotter.space

About WARNER MUSIC GROUP CORP-CL A

Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Good
84/100

Analyst Price Target

β“˜
Average Target
$35.70
β–² +29.3% Upside
High Target$38.85
Low Target$30.07
Based on 15 analysts

Latest News & Updates

Defense WorldΒ·8d ago

Warner Music Group Corp. (NASDAQ:WMG) Given Consensus Recommendation of β€œModerate Buy” by Brokerages

Warner Music Group Corp. (NASDAQ: WMG - Get Free Report) has earned an average rating of "Moderate Buy" from the sixteen brokerages that are presently covering the firm, MarketBeat.com reports. Four analysts have rated t

ReutersΒ·20d ago

Suno releases new AI music models in partnership with Warner Music, BMG

AI music startup Suno on Wednesday launched a suite of AI models in partnership with record companies Warner Music Group and BMG to allow users to generate ​new music inspired by licensed music of participating artists.

ReutersΒ·29d ago

Sony, Warner Music sue Anthropic over songs used in AI training

The music publishing branches of Sony Music and Warner Music have sued Anthropic in California federal court for allegedly misusing their copyrighted ​song compositions to train its Claude AI models.

Seeking AlphaΒ·Aug 14

Dividend Champion, Contender, And Challenger Highlights: Week August 16

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Defense WorldΒ·Aug 12

Assenagon Asset Management S.A. Buys Shares of 266,620 Warner Music Group Corp. $WMG

Assenagon Asset Management S.A. purchased a new position in shares of Warner Music Group Corp. (NASDAQ: WMG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission.

Seeking AlphaΒ·Aug 7

Warner Music Q3: A High-Quality Compounder At A Much Better Price

Warner Music Group has doubled revenue and nearly tripled EBITDA since IPO, yet its stock price remains flat due to multiple contraction. WMG's core growth is underpinned by robust streaming revenues, improved pricing st