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Warner Music Group WMG Market capitalization

Market capitalization at other companies

Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
$68.84B+161%

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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Enterprise value$15.03B-32.3%
P/E32.9×-7.3×
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

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

Computed from the period-end share price: $13.34B.

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 market capitalization?
Warner Music Group (WMG) reported market capitalization of $13.34B in Q1 2026.
How has Warner Music Group's market capitalization changed year-over-year?
Warner Music Group's market capitalization decreased by 18.2% year-over-year, from $16.31B to $13.34B.
What is the long-term trend for Warner Music Group's market capitalization?
Over 4 years (2021 to 2025), Warner Music Group's market capitalization has grown at a -5.2% compound annual growth rate (CAGR), from $79.39B to $64.21B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.