WMG
Communication Services

Warner Music Group Corp.

WMG
Since 1958

Headquarters:

NY, United States

Exchange:

NASDAQ

Industry:

Entertainment

Number of Employees:

5.90K

Current Fiscal Year:

2024

Market Cap:

4.34B

Price per Share:

$30.45

Quarterly Dividend per Share:

$0.18
Year-to-date Performance:
-2.7157%
Dividend Yield:
8.20%
Price-to-book Ratio:
8.99
Trailing P/E Ratio:
7.95

Price History

Latest Prices

DateOpenHighLowClose
2025-04-3030.2630.5329.6830.45
2025-04-2929.630.7829.4830.53
2025-04-2829.7930.0929.5229.63
2025-04-2529.2730.10529.2729.83
2025-04-2428.529.3228.529.22

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.

Financial Performance

2024 Revenue:6.38B

Detailed view of quarterly revenue

2024 Net Income:546.00M

Detailed view of quarterly net income

2024 Free Cash Flow:483.00M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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