WMG Warner Music Group Corp
Price (delayed)
$31.32
Market cap
$16.3B
P/E Ratio
31.96
Dividend/share
$0.71
EPS
$0.98
Enterprise value
$19.72B
With a legacy extending back over 200 years, Warner Music Group (WMG) today brings together artists, songwriters and entrepreneurs that are moving entertainment culture across the globe. Operating in more
Highlights
The company's EPS rose by 18% QoQ and by 11% YoY
The equity has grown by 18% year-on-year and by 5% since the previous quarter
The gross profit has contracted by 3.1% from the previous quarter
Key stats
What are the main financial stats of WMG
Market
Valuations
Earnings
Shares outstanding
520.36M
Market cap
$16.3B
Enterprise value
$19.72B
Price to earnings (P/E)
31.96
Price to book (P/B)
29.77
Price to sales (P/S)
2.56
EV/EBIT
24.32
EV/EBITDA
17.25
EV/Sales
3.11
Revenue
$6.34B
Gross profit
$2.98B
Operating income
$668M
Net income
$512M
EBIT
$811M
EBITDA
$1.14B
Free cash flow
$670M
Per share
Balance sheet
Liquidity
EPS
$0.98
EPS diluted
$0.98
Free cash flow per share
$1.29
Book value per share
$1.05
Revenue per share
$12.24
TBVPS
$8.98
Total assets
$9.15B
Total liabilities
$8.45B
Debt
$4.22B
Equity
$545M
Working capital
-$1.21B
Debt to equity
7.75
Current ratio
0.69
Quick ratio
0.51
Net debt/EBITDA
2.99
Margins
Efficiency
Dividend
EBITDA margin
18%
Gross margin
46.9%
Net margin
8.1%
Operating margin
10.5%
Return on assets
5.7%
Return on equity
103.5%
Return on invested capital
18.7%
Return on capital employed
15.5%
Return on sales
12.8%
Dividend yield
2.27%
DPS
$0.71
Payout ratio
72.4%
WMG stock price
How has the Warner Music Group stock price performed over time
Intraday
-0.1%
1 week
-3.6%
1 month
-7.06%
1 year
-5.32%
YTD
1.03%
QTD
-0.1%
Financial performance
How have Warner Music Group's revenue and profit performed over time
Revenue
$6.34B
Gross profit
$2.98B
Operating income
$668M
Net income
$512M
Gross margin
46.9%
Net margin
8.1%
WMG's operating margin is down by 23% YoY and by 15% QoQ
The company's operating income fell by 23% YoY and by 16% QoQ
Warner Music Group's net margin has increased by 19% from the previous quarter and by 9% YoY
Warner Music Group's net income has increased by 18% QoQ and by 10% YoY
Growth
What is Warner Music Group's growth rate over time
Valuation
What is Warner Music Group stock price valuation
P/E
31.96
P/B
29.77
P/S
2.56
EV/EBIT
24.32
EV/EBITDA
17.25
EV/Sales
3.11
The company's EPS rose by 18% QoQ and by 11% YoY
WMG's P/E is 3.2% below its last 4 quarters average of 33.0
WMG's price to book (P/B) is 85% lower than its 5-year quarterly average of 194.0 and 11% lower than its last 4 quarters average of 33.3
The equity has grown by 18% year-on-year and by 5% since the previous quarter
The price to sales (P/S) is 17% lower than the 5-year quarterly average of 3.1
Efficiency
How efficient is Warner Music Group business performance
The company's return on equity fell by 28% YoY but it rose by 13% QoQ
Warner Music Group's return on assets has increased by 16% QoQ and by 3.6% YoY
The company's return on sales rose by 14% QoQ
The ROIC has grown by 13% from the previous quarter but it has contracted by 3.1% YoY
Dividends
What is WMG's dividend history
DPS
$0.71
Dividend yield
2.27%
Payout ratio
72.4%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Warner Music Group financials performed over time
Warner Music Group's total assets is 8% higher than its total liabilities
The company's quick ratio rose by 2% QoQ
The equity has grown by 18% year-on-year and by 5% since the previous quarter
Warner Music Group's debt to equity has decreased by 16% YoY and by 6% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.