Skip to content
OpenCapital
Get started

Warner Music Group WMG Music Publishing — Goodwill

Other segment segments

Recorded Music
$1.59B+1.5%

Similar metrics at other companies

News Corporation logo
NWSABook Publishing — Goodwill
$424M+4.4%
News Corporation logo
NWSABook Publishing — Total Goodwill and intangible assets, net
$913M+2.7%
Adobe logo
ADBEPublishing and Advertising — Goodwill
$398M0.0%
iHeartMedia, Inc. logo
IHRTAudio & Media Services Group — Goodwill
$62.6M+0.3%
Gray Television logo
GTNProduction Companies — Goodwill
$28M0.0%
DJT
DJTMedia — Goodwill
$120.88M—

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$13.85B-14.4%
Enterprise value$14B-29.9%
P/E30.6×-23.8×
P/S1.9×-0.6×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Warner Music Group in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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

Ask your AI about Warner Music Group's music publishing — goodwill.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Warner Music Group's music publishing — goodwill?
Warner Music Group (WMG) reported music publishing — goodwill of $464M in Q1 2026.
How has Warner Music Group's music publishing — goodwill changed year-over-year?
Warner Music Group's music publishing — goodwill decreased by 0.0% year-over-year, from $464M to $464M.
What is the long-term trend for Warner Music Group's music publishing — goodwill?
Over 4 years (2021 to 2025), Warner Music Group's music publishing — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $1.86B to $1.86B.
What does music publishing — goodwill mean?
The intangible asset value recorded when the publishing segment acquires other music catalogs or companies for a price exceeding the fair market value of their net identifiable assets. It reflects the premium paid for brand reputation, artist relationships, and future royalty potential.