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

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

Alert me on P/E ratio

As of 3 November 2026, Warner Music Group Corp. (WMG) trades at a P/E ratio of 24.3×. Over the past ten years it has ranged from 0.0× (June 2021) to 85.4× (October 2021); the current reading is higher than 22% of that period. That is below the Entertainment industry median of 28.6× and above the Communication Services sector median of 15.1×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 48.7× 29.03%
FY2024 37.7× (1.75%)
FY2023 38.4× 75.29%
FY2022 21.9× (70.29%)
FY2021 73.7× —
FY2020 0.0× —
FY2019 63.3× 0.00%
FY2018 63.3× 0.00%
FY2017 63.3× 0.00%
FY2016 63.3× 0.00%

Quarterly newest first

Period P/E ratio Change
Jun 2026 21.1× (28.79%)
Mar 2026 29.7× (43.84%)
Dec 2025 52.9× 8.68%
Sep 2025 48.7× 1.82%
42 more quarters

Against its own ten years

Low 0.0× High 85.4×
Ten-year median 35.3×
Current reading's percentile 8

P/E ratio against peers

Company P/E ratio
SIRI Sirius XM Holdings Inc. compare 11.6×
FOX Fox Corporation compare 12.7×
FOXA Fox Corporation compare 14.2×
WMG Warner Music Group Corp. 24.3×
NWSA News Corporation compare 28.6×
NWS News Corporation compare 31.2×
ROKU Roku, Inc. compare 46.4×
FWONA Liberty Media Corporation - Liberty Formula One Series A compare 84.4×
FWONK Liberty Media Corporation - Liberty Formula One Series C compare 91.8×
Entertainment industry median 28.6×
Communication Services sector median 15.1×
Market median 18.3×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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