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Warner Music Group WMG United States — Long-Lived Assets

Other geography segments

Germany
$99M
United Kingdom
$39M

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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$15B-3.1%
Enterprise value$15.16B-21.4%
P/E33.2×-18.9×
P/S2.1×-0.3×

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

Reported directly by Warner Music Group in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The official record: Warner Music Group’s 10-K, filed November 20, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Warner Music Group's united states — long-lived assets?
Warner Music Group (WMG) reported united states — long-lived assets of $450M in Q3 2025.
How has Warner Music Group's united states — long-lived assets changed year-over-year?
Warner Music Group's united states — long-lived assets decreased by 2.2% year-over-year, from $460M to $450M.
What does united states — long-lived assets mean?
This metric measures the book value of non-current, tangible, and intangible assets located within the United States, including property, plant, equipment, and capitalized music catalogs. It reflects the capital intensity of the company's domestic operations and the scale of its physical and intellectual infrastructure. Monitoring this helps investors understand the asset base supporting the company's domestic revenue generation.