WMGWarner Music GroupWMG info
$31.16info1.40%24h
Global rank3009
Market cap$16.07B
Change 7d-4.24%
YTD Performance-12.23%
SP500 benchmarkUnderperform
P/E38.00
P/S2.66
Revenue$6.04B
Earnings$439.00M
Dividend yield2.1%
Main Sector
Communication Services

Warner Music Group (WMG) Stock Overview

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. This segment 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. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.

WMG Stock Information

Symbol
WMG
Address
1633 BroadwayNew York, NY 10019United States
Founded
-
Trading hours
9:30 AM - 4:00 PM ET
Website
https://www.wmg.com
Country
πŸ‡ΊπŸ‡Έ United States
Phone Number
212 275 2000

Warner Music Group (WMG) Price Chart

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Value:-

Warner Music Group Overview: Key Details and Summary

Stock data
2023
Change
Price
$31.16
N/A
Market Cap
$16.07B
N/A
Shares Outstanding
515.72M
0.20%
Employees
5.90K
N/A
Shareholder Equity
430.00M
155.95%
Valuation
2023
Change
P/E Ratio
38.00
N/A
P/S Ratio
2.66
N/A
P/B Ratio
37.37
N/A
P/FCF
36.03
N/A
Dividends
2023
Change
Dividend Yield
2.12%
N/A
Dividend per share
0.6593
N/A
Dividend Payout Ratio
0.7745
N/A
Growth
2023
Change
ROIC
0.0914
N/A
Return on Equity
1.0209
N/A
Earnings
2023
Change
Revenue
$6.04B
N/A
Earnings
$439.00M
N/A
Free Cash Flow
$446.00M
N/A
EPS
0.82
N/A
Earnings Yield
0.0263
N/A
Gross Margin
0.4737
N/A
Operating Margin
0.1307
N/A
Net income margin
0.0727
N/A
FCF Margin
0.0739
N/A
Financial Strength
2023
Change
Total Assets
$8.54B
N/A
Total Debt
$4.26B
N/A
Cash on Hand
$641.00M
N/A
Debt to Equity
$18.87
-58.61%
Cash to Debt
0.1505
3.40%
Current Ratio
0.6787
6.87%
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