Friday 6 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

31.92 0.63 −1.94%

Follow WMG

Alert me

Market cap: $17.0B
P/E: 24.9×
Fwd P/E: 21.4×
Dividend yield: 2.41%
F-score: 3/9
Altman Z: 1.72
Beneish M: −2.55
Dividend safety: 31/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Warner Music Group Corp. (WMG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Warner Music Group Corp. (WMG) trades at a P/B ratio of 17.5×. Over the past ten years it has ranged from 0.0× (December 2020) to 604× (February 2021); the current reading is higher than 18% of that period. That is above the Entertainment industry median of 1.8× and above the Communication Services sector median of 1.3×.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/WMG/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Warner Music Group Corp. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/WMG/metrics/pb-ratio">Warner Music Group Corp. (WMG) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	23.4×	(2.41%)
FY2024	24.0×	(35.64%)
FY2023	37.3×	(47.56%)
FY2022	71.1×	(85.09%)
FY2021	477×	—
FY2020	0.0×	—
FY2019	0.0×	—
FY2018	0.0×	—
FY2017	0.0×	—
FY2016	0.0×	—

Period	P/B ratio	Change
Jun 2026	14.8×	(6.74%)
Mar 2026	15.9×	(18.24%)
Dec 2025	19.4×	(17.02%)
Sep 2025	23.4×	33.93%
42 more quarters	Free account

Against its own ten years

Low 0.0× High 604×

Ten-year median 29.2×

Current reading's percentile 10

Company	P/B ratio
SIRI Sirius XM Holdings Inc. compare	0.9×
NWSA News Corporation compare	1.6×
NWS News Corporation compare	1.7×
FOX Fox Corporation compare	2.0×
FOXA Fox Corporation compare	2.3×
FWONA Liberty Media Corporation - Liberty Formula One Series A compare	3.4×
FWONK Liberty Media Corporation - Liberty Formula One Series C compare	3.6×
ROKU Roku, Inc. compare	7.9×
WMG Warner Music Group Corp.	17.5×
Entertainment industry median	1.8×
Communication Services sector median	1.3×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Warner Music Group Corp. (WMG) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on WMG

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on WMG

Stockrow Weekly