# Warner Music Group Corp. (WMG)

> Communication Services · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/WMG/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 1.73B | $ 183.00M | $ 107.00M | $ 4.94B | $ 738.00M |
| 2025 | $ 7.05B | $ 312.29M | $ 534.48M | $ 4.79B | $ 720.00M |
| 2024 | $ 6.67B | $ 538.15M | $ 612.78M | $ 4.22B | $ 545.00M |
| 2023 | $ 6.81B | $ 504.95M | $ 536.30M | $ 4.30B | $ 463.00M |
| 2022 | $ 6.47B | $ 542.91M | $ 716.06M | $ 4.22B | $ 270.00M |
| 2021 | $ 6.63B | $ 467.14M | $ 198.50M | $ 4.16B | $ 153.00M |
| 2020 | $ 5.79B | $ -633.14M | $ 143.95M | $ 3.73B | $ 16.00M |
| 2019 | $ 5.84B | $ 374.32M | $ 317.52M | $ 3.35B | $ -190.00M |
| 2018 | $ 5.50B | $ 513.75M | $ 330.17M | $ 3.00B | $ -162.00M |
| 2017 | $ 4.99B | $ 168.39M | $ 602.17M | $ 2.82B | $ 307.00M |
| 2016 | $ 4.56B | $ 27.52M | $ 520.06M | $ 2.76B | $ 124.00M |
| 2015 | $ 4.19B | $ -30.89M | $ 254.13M | $ 2.99B | $ 223.00M |
| 2014 | $ 4.30B | $ -442.27M | $ 152.61M | $ 3.02B | $ 295.00M |
| 2013 | $ 4.15B | $ -220.45M | $ 55.47M | $ 2.93B | $ 681.00M |
| 2012 | $ 3.99B | $ -239.66M | $ 155.93M | $ 2.23B | $ 847.00M |
| 2011 | $ 4.19B | $ -462.78M | $ 215.97M | $ 2.21B | $ 1.03B |
| 2010 | $ 4.32B | $ -218.04M | $ -28.77M | $ 1.94B | $ -279.00M |
| 2009 | $ 4.88B | $ -211.98M | $ 158.99M | $ 1.94B | $ -155.00M |
| 2008 | $ 5.12B | $ -25.74M | $ 499.67M | $ 2.22B | $ -41.00M |
| 2007 | $ 5.22B | $ -83.28M | $ 299.80M | $ 2.27B | $ -47.00M |
| 2006 | $ 5.15B | $ 13.63M | $ 328.57M | $ 2.27B | $ 55.00M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 6.70 |
| Liabilities / Eq | 13.06 |
| Current Ratio | 0.73 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 96.27 |
| Gross Debt / FCF | 52.74 |

## Other views

- [Metrics](https://sponda.capital/en/WMG.md)
- [Charts](https://sponda.capital/en/WMG/charts.md)
- [Compare](https://sponda.capital/en/WMG/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-13.