Wednesday 4 November 2026 Export WMG’s income statement to Excel — free account

Warner Music Group Corp.

WMG Communication Services Entertainment

Warner Music Group Corp.’s revenue for fiscal 2025 (year ended September 2025) was $6.7 billion, up 4.37% from fiscal 2024.

Revenue: +10.4%
EPS: +1,400.0%
Free cash flow: +1,528.6%
Total debt: +7.95%

Quarter to June 2026, against a year earlier

32.58 1.45 +4.66%

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Market cap: $16.3B
P/E: 24.3×
Fwd P/E: 21.4×
Dividend yield: 2.48%
F-score: 3/9
Altman Z: 1.72
Beneish M: −2.55
Dividend safety: 31/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Sep '25	Sep '24	Sep '23	Sep '22	Sep '21	Sep '20	Sep '19	Sep '18	Sep '17	Sep '16
P/E ratio Full definition →	48.66	37.71	38.38	21.90	73.69	0.00	63.26	63.26	63.26	63.26
Piotroski F-Score Full definition →	3	5	5	6	7	5	7	6	6	—
Altman Z-Score Full definition →	1.72	1.78	1.82	1.54	2.31	1.35	—	—	—	—
P/S ratio Full definition →	2.64	2.52	2.66	2.02	4.14	3.25	3.35	3.35	3.35	3.35
P/FCF ratio Full definition →	32.89	25.39	28.63	19.68	40.27	38.36	38.57	38.57	38.57	38.57
Altman Z″-Score (non-manufacturers) Full definition →	(0.83)	(0.68)	(0.73)	(1.01)	(1.34)	(2.20)	(1.51)	(2.03)	(1.00)	(1.27)
Beneish M-Score Full definition →	(2.55)	(2.51)	(2.46)	(2.44)	(2.55)	(3.22)	(2.00)	(2.53)	(2.60)	(2.78)
P/Operating CF Full definition →	76.75	53.28	47.44	29.42	96.25	82.39	175.81	175.81	175.81	175.81
P/B ratio Full definition →	23.42	24.00	37.29	71.11	477.08	0.00	0.00	0.00	0.00	0.00
Dividend Safety Score Full definition →	31	—	—	—	—	—	—	—	—	—
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	3.23	3.05	3.22	2.57	4.70	3.85	3.93	3.93	3.93	3.93
EV/EBITDA Full definition →	20.25	17.07	17.35	14.44	27.22	536.31	37.97	37.97	37.97	37.97
EV/Operating CF Full definition →	31.97	26.03	28.34	20.49	39.03	37.07	38.13	38.13	38.13	38.13
EV/FCF Full definition →	40.21	30.77	34.76	25.05	45.70	45.40	45.23	45.23	45.23	45.23
Quick Ratio Full definition →	0.45	0.50	0.50	0.47	0.42	0.49	0.49	0.41	0.50	0.37
Current Ratio Full definition →	0.66	0.68	0.68	0.64	0.60	0.62	0.60	0.50	0.61	0.49
Net Debt/EBITDA Full definition →	3.58	2.89	2.96	2.99	3.11	79.72	3.77	4.82	4.58	4.77
Debt/Assets Full definition →	44.41%	43.84%	46.39%	47.68%	46.40%	48.42%	49.43%	52.75%	49.16%	52.07%
Debt/Equity Full definition →	5.77	5.95	9.22	22.21	72.74	(68.98)	(11.06)	(8.81)	9.13	13.23
Asset Turnover Full definition →	0.71	0.73	0.74	0.79	0.78	0.72	0.79	0.72	0.65	0.59
Operating CF/Net income Full definition →	1.86	1.73	1.60	1.35	2.10	(0.97)	1.56	1.38	3.74	13.68
Capex/Depreciation Full definition →	(0.37)	(0.35)	(0.38)	(0.40)	(0.30)	(0.33)	(0.39)	(0.28)	(0.18)	0.00
Interest Coverage Full definition →	4.28	5.11	5.60	5.71	4.99	(1.80)	2.51	1.57	1.49	1.24
ROE Full definition →	50.98%	78.73%	143.81%	514.95%	60,800.00%	302.55%	(86.93%)	(5,116.67%)	55.21%	11.14%
ROA Full definition →	3.85%	4.92%	5.25%	7.33%	4.46%	(7.64%)	4.51%	5.55%	2.59%	0.46%
ROIC Full definition →	9.45%	12.88%	13.16%	13.46%	13.16%	(5.71%)	10.67%	6.83%	5.61%	5.09%
Return on Tangible Assets Full definition →	(36.87%)	(56.27%)	(63.33%)	(67.69%)	(34.16%)	66.81%	(30.92%)	(31.71%)	(23.37%)	(3.42%)
Average Days of Receivables Full definition →	72.92	71.28	67.72	60.68	57.77	63.06	63.21	40.74	41.24	36.99
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	28.16%	29.24%	30.25%	31.46%	32.47%	48.60%	33.74%	35.23%	34.17%	33.33%
Intangible Assets out of Total Assets Full definition →	0.50	0.50	0.53	0.55	0.55	0.57	0.60	0.69	0.68	0.74
Share Based Compensation of Revenue Full definition →	0.81%	0.81%	0.81%	0.66%	0.85%	13.62%	1.12%	1.55%	1.96%	0.71%
Graham Net Nets Full definition →	(0.36)	(0.36)	(0.36)	(0.46)	(0.24)	(0.33)	(0.32)	(0.32)	(0.32)	(0.32)
Graham Number Full definition →	4.79	4.94	3.90	2.79	1.08	1.37	0.00	0.00	0.00	0.00
Earnings Yield Full definition →	2.06%	2.65%	2.61%	4.57%	1.36%	(3.25%)	1.58%	1.58%	1.58%	1.58%
Free Cash Flow Yield Full definition →	3.04%	3.94%	3.49%	5.08%	2.48%	2.61%	2.59%	2.59%	2.59%	2.59%
Revenue per Share Full definition →	12.89	12.42	11.71	11.50	10.32	8.85	8.91	7.97	7.01	26.58
Operating CF per Share Full definition →	1.30	1.46	1.33	1.44	1.24	0.92	0.80	0.85	1.05	2.80
Capex per Share Full definition →	(0.27)	(0.22)	(0.25)	(0.26)	(0.18)	(0.17)	(0.21)	(0.15)	(0.09)	0.00
Free Cash Flow per Share Full definition →	1.04	1.23	1.09	1.18	1.06	0.75	0.59	0.70	0.96	2.80
Cash per Share Full definition →	1.02	1.34	1.24	1.13	0.97	1.10	1.23	1.02	1.27	2.94
Shareholders Equity per Share Full definition →	1.45	1.30	0.83	0.33	0.09	(0.09)	(0.54)	(0.64)	0.60	1.72
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	1.45	1.30	0.83	0.33	0.09	(0.09)	(0.54)	(0.64)	0.60	1.72
Free Cash Flow Full definition →	539.00	638.00	560.00	607.00	545.00	378.00	296.00	351.00	491.00	342.00
Working Capital Full definition →	(1,431.00)	(1,254.00)	(1,137.00)	(1,229.00)	(1,254.00)	(1,042.00)	(1,128.00)	(1,197.00)	(825.00)	(934.00)
Capital Expenditures Full definition →	(139.00)	(116.00)	(127.00)	(135.00)	(93.00)	(85.00)	(104.00)	(74.00)	(44.00)	(67.00)
Net Current Asset Value Full definition →	(6,302.00)	(5,837.00)	(5,713.00)	(5,521.00)	(5,269.00)	(4,777.00)	(4,595.00)	(4,488.00)	(4,135.00)	(4,217.00)
EV/EBIT Full definition →	31.23	23.85	24.64	21.30	40.89	0.00	87.34	87.34	87.34	87.34
Capex to Sales Full definition →	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.00
Price to Operating Income Full definition →	25.55	19.68	20.30	16.73	36.04	0.00	74.48	74.48	74.48	74.48
Other line items
Depreciation/Fixed assets Full definition →	0.85	0.68	0.72	0.82	0.84	0.79	0.90	1.14	1.18	1.44
Cash ROIC Full definition →	9.53%	11.85%	11.12%	13.54%	14.01%	10.47%	8.90%	11.65%	13.04%	10.22%
Accounts Receivable Turnover Full definition →	5.17	5.41	5.74	6.49	6.59	5.77	7.32	9.41	9.76	9.58
Accounts Payable Turnover Full definition →	13.30	11.39	11.19	10.81	9.69	8.90	8.88	8.88	9.37	9.06
Inventory Turnover Full definition →	45.12	29.82	27.15	29.76	30.81	30.50	41.40	53.60	48.28	41.13
Average Days of Payables Full definition →	25.83	31.44	34.47	31.76	40.20	41.30	39.53	47.24	39.32	43.62
Days of Inventory on Hand Full definition →	6.23	10.77	14.48	12.80	13.18	12.36	11.25	7.06	7.37	8.77
Average Receivables Full definition →	1,297.50	1,187.50	1,052.00	911.50	805.00	773.00	611.00	425.50	366.50	339.00
Average Payables Full definition →	273.00	294.50	284.00	285.00	283.00	262.00	270.50	244.50	206.00	188.50
Average Inventory Full definition →	80.50	112.50	117.00	103.50	89.00	76.50	58.00	40.50	40.00	41.50
Average Assets Full definition →	9,492.00	8,850.00	8,186.50	7,519.50	6,810.50	6,213.50	5,680.50	5,531.00	5,526.50	5,478.00
Average Common Equity Full definition →	716.00	552.50	299.00	107.00	0.50	(157.00)	(294.50)	(6.00)	259.00	224.50

Show all line items

Columns are period end dates · fundamentals updated 26 Oct 2026

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