Non-Current Assets

PP&E (Net)

Warner Music Group PP&E (Net) decreased by 1.0% to $414.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.7%, from $503.00M to $414.00M. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 5.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026May 7, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$347.00M$364.00M$378.00M$386.00M$403.00M$415.00M$430.00M$440.00M$454.00M$458.00M$466.00M$462.00M$464.00M$481.00M$491.00M$503.00M$472.00M$441.00M$418.00M$414.00M
QoQ Change+4.9%+3.8%+2.1%+4.4%+3.0%+3.6%+2.3%+3.2%+0.9%+1.7%-0.9%+0.4%+3.7%+2.1%+2.4%-6.2%-6.6%-5.2%-1.0%
YoY Change+16.1%+14.0%+13.8%+14.0%+12.7%+10.4%+8.4%+5.0%+2.2%+5.0%+5.4%+8.9%+1.7%-8.3%-14.9%-17.7%
Range$347.00M$503.00M
CAGR+3.8%
Avg YoY Growth+4.8%
Median YoY Growth+6.9%
Current Streak4 quarters decline

Geographic Breakdown — United States

View all
SegmentQ4 '24
United States$460.00M
Germany$99.00M
United Kingdom$39.00M
Total$481.00M

Geographic Breakdown — All other territories

View all
SegmentQ4 '24
All other territories$108.00M
Total$481.00M

Frequently Asked Questions

What is Warner Music Group's pp&e (net)?
Warner Music Group (WMG) reported pp&e (net) of $414.00M in Q1 2026.
How has Warner Music Group's pp&e (net) changed year-over-year?
Warner Music Group's pp&e (net) decreased by 17.7% year-over-year, from $503.00M to $414.00M.
What is the long-term trend for Warner Music Group's pp&e (net)?
Over 5 years (2020 to 2025), Warner Music Group's pp&e (net) has grown at a 5.9% compound annual growth rate (CAGR), from $331.00M to $441.00M.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.