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Warner Music Group WMG Debt-to-assets

Debt-to-assets at other companies

Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
0.0×

Other financials

Income statement

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Revenue$1.7B+16.7%
Gross profit$802.0M+15.7%
Operating income$264.0M+57.1%
Net income$183.0M+408%

Balance sheet

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Cash & equivalents$741.0M+16.3%
Total debt$895.0M-79.0%
Total equity$738.0M+30.2%
Total assets$10.6B+10.9%

Cash flow

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Operating cash flow$126.0M+82.6%
CapEx$27.0M-25.0%
Free cash flow$99.0M+200%

Valuation

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Market cap$14.69B-18.2%
Enterprise value$14.85B-32.3%
P/E32.5×-7.2×
P/S2.1×-0.8×

Profitability

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Gross margin45.8%-1.0pp
Operating margin12.1%+0.6pp
Net margin6.3%-0.8pp
FCF margin10.2%-1.8pp

Returns & leverage

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Return on equity69.3%-21.1pp
Debt / equity1.2×-6.3×
Current ratio0.7×+0.1×

Where this comes from

Calculated from Warner Music Group’s reported figures.

Based on the most recent quarter.

The official record: Warner Music Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warner Music Group's debt-to-assets?
Warner Music Group (WMG) reported debt-to-assets of 0.1× in Q1 2026.
How has Warner Music Group's debt-to-assets changed year-over-year?
Warner Music Group's debt-to-assets decreased by 81.0% year-over-year, from 0.4× to 0.1×.
What is the long-term trend for Warner Music Group's debt-to-assets?
Over 5 years (2020 to 2025), Warner Music Group's debt-to-assets has grown at a -36.5% compound annual growth rate (CAGR), from 0.5× to 0.1×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.