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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%
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
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Warner Music Group Corp. (WMG) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Warner Music Group Corp. (WMG) trades at a EV/EBITDA of 14.4×. Over the past ten years it has ranged from 0.0× (September 2020) to 683× (December 2020); the current reading is higher than 11% of that period. That is above the Entertainment industry median of 9.6× and above the Communication Services sector median of 8.6×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 20.3× 18.66%
FY2024 17.1× (1.62%)
FY2023 17.4× 20.16%
FY2022 14.4× (46.95%)
FY2021 27.2× (94.93%)
FY2020 536× 1,312.62%
FY2019 38.0× 0.00%
FY2018 38.0× 0.00%
FY2017 38.0× 0.00%
FY2016 38.0× 0.00%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 12.9× (6.01%)
Mar 2026 13.8× (19.37%)
Dec 2025 17.1× (15.74%)
Sep 2025 20.3× 17.09%
42 more quarters

Against its own ten years

Low 0.0× High 683×
Ten-year median 18.2×
Current reading's percentile 11

EV/EBITDA against peers

Company EV/EBITDA
FOX Fox Corporation compare 7.3×
FOXA Fox Corporation compare 8.1×
SIRI Sirius XM Holdings Inc. compare 8.5×
NWSA News Corporation compare 10.0×
NWS News Corporation compare 10.9×
WMG Warner Music Group Corp. 14.4×
ROKU Roku, Inc. compare 34.9×
FWONA Liberty Media Corporation - Liberty Formula One Series A compare 39.1×
FWONK Liberty Media Corporation - Liberty Formula One Series C compare 42.3×
Entertainment industry median 9.6×
Communication Services sector median 8.6×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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