
WARNER MUSIC GROUP CORP-CL A
WMGNASDAQTrading Snapshot
- Day Range
- $24.56 β $25.22
- 52-Week Range
- $23.34 β $35.42
- Volume
- $2.33B
- Avg Volume
- $2.49B
- Shares Outstanding
- 521.9M
- Next Earnings
- Sep 13, 2026
Fundamentals Snapshot
- Annual Revenue
- $6.71B
- Last Q Revenue
- $1.86B
- P/E Ratio
- 19.2
- P/S Ratio
- 1.8x
- EPS (TTM)
- $1.29
- Dividend Yield
- 3.07%
Why Investors Own WMG
- βHigh-growth profile β revenue up +17.5% YoY with expanding US Equity exposure.
- βHealthy economics β 73% gross margin and 25% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
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.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
WARNER MUSIC GROUP CORP-CL A tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift WMG price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
WARNER MUSIC GROUP CORP-CL A announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.