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In the News
4 Film & Television Production Stocks to Watch on Solid Industry Trends
Film and television production and distribution companies like WMG, NWSA, LGF.A and IMAX benefit from the higher consumption of digital entertainment and a recovering ad spending environment.
US Supreme Court may dump Warner Music dispute over copyright damages
U.S. Supreme Court justices signaled on Wednesday they may dismiss a legal fight between a Miami music producer and Warner Music over a song by rapper Flo Rida.
Warner Music Group Corp. (WMG) Misses Q1 Earnings Estimates
Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.23 per share a year ago.
Warner Music to lay off 10% of workforce as part of restructuring plan
Warner Music Group Corp. is planning to lay off about 600 employees, or around 10% of its workforce, as part of a restructuring plan aimed at freeing up more cash to invest in music and boost growth.
Warner Music Laying Off 600 Employees As It Looks To Sell Uproxx
Warner Music announced plans Wednesday to cut 600 employees in the record label conglomerate's latest cost-cutting effort as the company seeks to sell off its entertainment portfolio, following a string of corporate layoffs in the tech industry.
Warner Music to cut 600 jobs, or 10% of staff
Warner Music is cutting 10% of its workforce in a plan to restructure the company.
Warner Music Group Corp. (WMG) Earnings Expected to Grow: Should You Buy?
Warner Music Group Corp. (WMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Next Media Giants: 3 Stocks to Buy for Blockbuster Returns
The rosy, demand-rich period of the COVID-19 pandemic is over, and media stocks haven't been faring well as of late. The sheer number of streaming services results in a dizzying array of things to watch.
Warner Music Group Corp. (WMG) Upgraded to Buy: Here's Why
Warner Music Group Corp. (WMG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, February 8, 2024
NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, February 8, 2024, for the first quarter ended December 31, 2023, and will hold an earnings conference call that morning at 8:30 a.m. ET.
WMG Financial details
WMG Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-09-30
Metric | History | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 8.91 | 8.85 | 10.32 | 11.5 | 11.71 | |
Net income per share | 0.51 | -0.94 | 0.59 | 1.07 | 0.83 | |
Operating cash flow per share | 0.8 | 0.92 | 1.24 | 1.44 | 1.33 | |
Free cash flow per share | 0.51 | 0.67 | 0.12 | 0.81 | 0.86 | |
Cash per share | 0.82 | 1.1 | 0.2 | 1.13 | 1.24 | |
Book value per share | -0.58 | -0.12 | 0.06 | 0.3 | 0.6 | |
Tangible book value per share | -7.78 | -7.3 | -7.7 | -8.04 | -7.88 | |
Share holders equity per share | -0.58 | -0.12 | 0.06 | 0.3 | 0.6 | |
Interest debt per share | 10.38 | 7.07 | 7.4 | 8.04 | 8.53 | |
Market cap | 15.12B | 14.5B | 21.95B | 11.95B | 16.19B | |
Enterprise value | 17.47B | 17.39B | 25.12B | 15.38B | 19.81B | |
P/E ratio | 59.06 | -30.53 | 72.19 | 21.68 | 37.66 | |
Price to sales ratio | 3.38 | 3.25 | 4.14 | 2.02 | 2.68 | |
POCF ratio | 37.8 | 31.32 | 34.4 | 16.1 | 23.57 | |
PFCF ratio | 59.29 | 42.9 | 342.9 | 28.72 | 36.31 | |
P/B Ratio | -52.32 | -230.16 | 707.93 | 78.59 | 52.75 | |
PTB ratio | -52.32 | -230.16 | 707.93 | 78.59 | 52.75 | |
EV to sales | 3.91 | 3.9 | 4.74 | 2.6 | 3.28 | |
Enterprise value over EBITDA | 25.51 | -695.56 | 27.73 | 12.77 | 18.26 | |
EV to operating cash flow | 43.69 | 37.56 | 39.38 | 20.72 | 28.84 | |
EV to free cash flow | 68.53 | 51.45 | 392.54 | 36.96 | 44.42 | |
Earnings yield | 0.02 | -0.03 | 0.01 | 0.05 | 0.03 | |
Free cash flow yield | 0.02 | 0.02 | 0 | 0.03 | 0.03 | |
Debt to equity | -17.53 | -54.63 | 118.58 | 26.4 | 13.88 | |
Debt to assets | 0.84 | 0.54 | 0.51 | 0.51 | 0.5 | |
Net debt to EBITDA | 3.44 | -115.56 | 3.51 | 2.85 | 3.34 | |
Current ratio | 0.6 | 0.62 | 0.6 | 0.64 | 0.68 | |
Interest coverage | 2.51 | -1.8 | 4.99 | 5.71 | 5.6 | |
Income quality | 1.55 | -0.99 | 2.08 | 1.34 | 1.56 | |
Dividend Yield | 0.01 | 0.02 | 0.01 | 0.03 | 0.02 | |
Payout ratio | 0.37 | -0.72 | 0.87 | 0.58 | 0.79 | |
Sales general and administrative to revenue | 0.17 | 0.32 | 0.16 | 0.16 | 0.16 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.6 | 0.57 | 0.55 | 0.55 | 0.53 | |
Capex to operating cash flow | -0.36 | -0.27 | -0.9 | -0.44 | -0.35 | |
Capex to revenue | -0.03 | -0.03 | -0.11 | -0.06 | -0.04 | |
Capex to depreciation | -0.54 | -0.48 | -1.88 | -0.96 | -0.73 | |
Stock based compensation to revenue | 0.01 | 0.14 | 0.01 | 0.01 | 0.01 | |
Graham number | 2.57 | 1.63 | 0.9 | 2.67 | 3.34 | |
ROIC | 0.07 | -0.06 | 0.1 | 0.12 | 0.12 | |
Return on tangible assets | 0.11 | -0.17 | 0.09 | 0.16 | 0.11 | |
Graham Net | -10.47 | -10.47 | -12.43 | -12.21 | -12.74 | |
Working capital | -1.13B | -1.04B | -1.25B | -1.23B | -1.14B | |
Tangible asset value | -3.9B | -3.68B | -3.96B | -4.14B | -4.07B | |
Net current asset value | -4.6B | -4.78B | -5.27B | -5.52B | -5.71B | |
Invested capital | -17.53 | -54.63 | 118.58 | 26.4 | 13.88 | |
Average receivables | 611M | 773M | 805M | 911.5M | 1.05B | |
Average payables | 270.5M | 262M | 283M | 285M | 284M | |
Average inventory | 58M | 76.5M | 89M | 103.5M | 117M | |
Days sales outstanding | 63.21 | 63.06 | 57.77 | 60.68 | 67.72 | |
Days payables outstanding | 39.53 | 41.3 | 40.2 | 31.76 | 34.47 | |
Days of inventory on hand | 11.25 | 12.36 | 13.18 | 12.8 | 14.48 | |
Receivables turnover | 5.77 | 5.79 | 6.32 | 6.02 | 5.39 | |
Payables turnover | 9.23 | 8.84 | 9.08 | 11.49 | 10.59 | |
Inventory turnover | 32.45 | 29.53 | 27.7 | 28.52 | 25.21 | |
ROE | -0.89 | 7.54 | 9.81 | 3.63 | 1.4 | |
Capex per share | -0.29 | -0.25 | -1.12 | -0.63 | -0.47 |
Quarterly Fundamentals Overview
Last date of statement is 2023-12-31 for Q1
Metric | History | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 2.89 | 2.71 | 3.03 | 3.07 | 3.38 | |
Net income per share | 0.24 | 0.07 | 0.24 | 0.29 | 0.31 | |
Operating cash flow per share | 0.41 | -0.01 | 0.28 | 0.66 | 0.57 | |
Free cash flow per share | 0.3 | -0.1 | 0.2 | 0.46 | 0.4 | |
Cash per share | 1.4 | 1.16 | 1.16 | 1.24 | 1.46 | |
Book value per share | 0.52 | 0.49 | 0.54 | 0.59 | 0.9 | |
Tangible book value per share | -7.93 | -7.9 | -7.77 | -7.88 | -7.63 | |
Share holders equity per share | 0.52 | 0.49 | 0.54 | 0.59 | 0.9 | |
Interest debt per share | 8.25 | 8.35 | 8.39 | 8.33 | 8.39 | |
Market cap | 18.04B | 17.22B | 13.46B | 16.2B | 18.48B | |
Enterprise value | 21.54B | 20.89B | 17.15B | 19.82B | 22.03B | |
P/E ratio | 36.96 | 126.59 | 27.58 | 26.65 | 29.06 | |
Price to sales ratio | 12.12 | 12.31 | 8.61 | 10.22 | 10.57 | |
POCF ratio | 86.31 | -2.87K | 92.2 | 47.94 | 63.09 | |
PFCF ratio | 116.37 | -344.32 | 131.97 | 67.79 | 90.17 | |
P/B Ratio | 66.81 | 68.32 | 47.9 | 52.78 | 39.92 | |
PTB ratio | 66.81 | 68.32 | 47.9 | 52.78 | 39.92 | |
EV to sales | 14.47 | 14.93 | 10.97 | 12.5 | 12.6 | |
Enterprise value over EBITDA | 87.19 | 118.69 | 58.15 | 60.8 | 59.85 | |
EV to operating cash flow | 103.05 | -3.48K | 117.49 | 58.64 | 75.17 | |
EV to free cash flow | 138.95 | -417.78 | 168.18 | 82.93 | 107.44 | |
Earnings yield | 0.01 | 0 | 0.01 | 0.01 | 0.01 | |
Free cash flow yield | 0.01 | 0 | 0.01 | 0.01 | 0.01 | |
Debt to equity | 15.63 | 16.96 | 15.28 | 13.88 | 9.28 | |
Debt to assets | 0.52 | 0.53 | 0.53 | 0.5 | 0.48 | |
Net debt to EBITDA | 14.17 | 20.87 | 12.52 | 11.1 | 9.63 | |
Current ratio | 0.7 | 0.69 | 0.7 | 0.68 | 0.7 | |
Interest coverage | 8.28 | 3.54 | 4.97 | 5.89 | 9.08 | |
Income quality | 1.69 | -0.16 | 1.18 | 2.19 | 1.52 | |
Dividend Yield | 0 | 0 | 0.01 | 0.01 | 0 | |
Payout ratio | 0.69 | 2.44 | 0.69 | 0.59 | 0.56 | |
Sales general and administrative to revenue | 0.15 | 0.18 | 0.16 | 0.17 | 0.15 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.54 | 0.54 | 0.53 | 0.53 | 0.51 | |
Capex to operating cash flow | -0.26 | 7.33 | -0.3 | -0.29 | -0.3 | |
Capex to revenue | -0.04 | -0.03 | -0.03 | -0.06 | -0.05 | |
Capex to depreciation | -0.64 | -0.53 | -0.51 | -1.25 | -1.09 | |
Stock based compensation to revenue | 0.01 | 0.02 | 0 | 0 | 0.01 | |
Graham number | 1.67 | 0.85 | 1.7 | 1.99 | 2.49 | |
ROIC | 0.04 | 0.02 | 0.03 | 0.03 | 0.05 | |
Return on tangible assets | 0.03 | 0.01 | 0.03 | 0.04 | 0.04 | |
Graham Net | -12.28 | -12.26 | -12.32 | -12.73 | -12.92 | |
Working capital | -1B | -975M | -973M | -1.14B | -1.13B | |
Tangible asset value | -4.08B | -4.08B | -4.01B | -4.07B | -3.94B | |
Net current asset value | -5.51B | -5.53B | -5.53B | -5.71B | -5.76B | |
Invested capital | 15.63 | 16.96 | 15.28 | 13.88 | 9.28 | |
Average receivables | 994M | 1.01B | 1.07B | 1.12B | 1.16B | |
Average payables | 244M | 251M | 265.5M | 274.5M | 273M | |
Average inventory | 105M | 108M | 115M | 121M | 116M | |
Days sales outstanding | 60.73 | 65.43 | 64.05 | 63.56 | 61.53 | |
Days payables outstanding | 26.02 | 35.2 | 26.36 | 31.95 | 25.16 | |
Days of inventory on hand | 12.06 | 14.23 | 12.28 | 13.42 | 10.84 | |
Receivables turnover | 1.48 | 1.38 | 1.41 | 1.42 | 1.46 | |
Payables turnover | 3.46 | 2.56 | 3.41 | 2.82 | 3.58 | |
Inventory turnover | 7.46 | 6.32 | 7.33 | 6.71 | 8.3 | |
ROE | 0.45 | 0.13 | 0.43 | 0.5 | 0.34 | |
Capex per share | -0.1 | -0.09 | -0.09 | -0.19 | -0.17 |
WMG Frequently Asked Questions
What is Warner Music Group Corp. stock symbol ?
Warner Music Group Corp. is a US stock , located in New york of Ny and trading under the symbol WMG
Is Warner Music Group Corp. buy or a sell ?
24 stock analysts have 24 predictions with a medium analyst target price of $38.08. The lowest prediction is $27 and the highest is $50
What is WMG stock prediction ?
With a median analyst target price of $30, 1 stock analysts have made 1 forecasts in last 90 days. $30 is the lowest and $30 is the greatest projection.
What is Warner Music Group Corp. stock quote today ?
Warner Music Group Corp. stock price is $32.96 today.
Is Warner Music Group Corp. stock public?
Yes, Warner Music Group Corp. is a publicly traded company.