USCommunication Services

Warner Music Group (WMG)

US · Communication Services · Entertainment

$25.80+2.79%
Last close · 2026-08-04

Latest quarter · ended 2026-03-31

Revenue
$1.73B
Revenue YoY
+16.7%
Net profit
$183.0M
Profit YoY
+408.3%
EPS
$0.43
EPS estimate
$0.29
Net margin
10.6%

EPS came in at 0.43 against a street estimate of 0.29 — a beat of 48.3%.

Key statistics

Market cap
$13.54B
P/E
30.9
Forward P/E
13.5
P/B
19.48
Book value
$1.42
EPS (TTM)
$0.84
Dividend yield
2.72%
52-week high
$35.23
52-week low
$23.21
50-day MA
$29.00
200-day MA
$29.24
Beta
1.29

Analyst view

Analysts rate Warner Music Group a buy (11 buy, 6 hold, 2 sell out of 19) with an average price target of $37.71.

Shareholding

Insiders
0.86%
Institutions
109.99%

Largest institutional holders

FundStake
JPMorgan Chase & Co2.63%
Independent Franchise Partners LLP2.50%
Darsana Capital Partners LP2.27%
BlackRock Inc1.85%
Barrow Hanley Mewhinney & Strauss LLC1.78%
Darlington Partners Capital Management, LP1.45%
Vanguard Capital Management, LLC1.20%
Vanguard Portfolio Management, LLC1.13%

Recent filings & reports

DocumentDate
Board / officer change · Q3 20262026-07-31
Quarterly report · Q1 20262026-05-07
Results announced · Q2 20262026-05-07
Material agreement · Q1 20262026-03-11
Shareholder vote results · Q1 20262026-03-06
Quarterly report · Q4 20252026-02-09
Proxy statement · Q1 20262026-01-20
Annual report FY20252025-11-20

Readable in the app.

Deals & corporate news

AnnouncementDate
Joint venture with Bain acquired $650 million in music catalogs
Warner Music Group reported strong second-quarter fiscal 2026 results with double-digit revenue growth and significant earnings acceleration. Key highlights: Total revenue grew 17% (12% in c
2026-05-07
Amendment to joint venture Master Operations and Economics Agreement
Warner Music Group (WMG) announced on February 4, 2026 that it amended a joint venture agreement with Bain Capital Special Situations. Under the amendment to their Master Operations and Econ
2026-02-05
2026 outlook raised with 150-200 basis points margin improvement expected
Warner Music Group reported strong Q1 fiscal 2026 results (ended December 31, 2025). Revenue grew 10% to $1.84 billion, with both Recorded Music (up 10% to $1.48 billion) and Music Publishin
2026-02-05
2026 outlook provided with margin improvement expectations and growth acceleration strategy
Warner Music Group reported record fourth-quarter revenue of $1.87 billion, up 15% year-over-year, driven by strong double-digit growth in both recorded music (up 15%) and music publishing (
2025-11-20

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Data updated 2026-08-05.