Equities
Consumer DiscretionaryMedia
  • Price (USD)30.44
  • Today's Change-0.06 / -0.20%
  • Shares traded2.09m
  • 1 Year change+2.39%
  • Beta1.3676
Data delayed at least 15 minutes, as of Sep 20 2024 21:00 BST.
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About the company

Warner Music Group Corp. is a global music entertainment company. The Company brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Its record labels include Atlantic Records, Warner Records, Elektra Records and Parlophone Records. Its recorded music segment includes labels, such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. The Company’s music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre. The Company is also home to Alternative Distribution Alliance (ADA), which supports the independent community, as well as artist services division WMX. In addition, it counts film and television storytelling powerhouse, Warner Music Entertainment, among its many brands.

  • Revenue in USD (TTM)6.38bn
  • Net income in USD539.00m
  • Incorporated2003
  • Employees5.90k
  • Location
    Warner Music Group Corp1633 BroadwayNEW YORK 10019United StatesUSA
  • Phone+1 (212) 275-2000
  • Fax+1 (302) 636-5454
  • Websitehttps://www.wmg.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
WMG:NSQ since
announced
Transaction
value
Believe SASDeal withdrawn06 Mar 202406 Mar 2024Deal withdrawn-14.54%1.79bn
Data delayed at least 15 minutes, as of Sep 20 2024 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Nexstar Media Group Inc4.99bn432.00m5.37bn11.88k13.082.384.441.0812.7312.73145.7769.780.4135--5.01420,055.603.154.913.395.2556.9359.857.6213.83--2.340.748419.89-5.3312.26-64.37-2.34-2.3129.20
Paramount Global29.27bn-5.77bn7.40bn21.90k--0.4193--0.2527-8.66-7.7944.5524.730.578213.624.261,336,484.00-10.573.92-13.274.8233.5936.34-18.287.481.153.100.46329.94-1.662.33-301.20---1.40-4.23
Sirius XM Holdings Inc8.90bn1.30bn8.46bn5.68k7.45--4.580.95083.353.3522.99-5.490.837--14.251,566,725.0012.199.4616.7613.5653.0154.5414.5611.37--4.991.3050.79-0.55549.183.711.3612.8117.08
Liberty Broadband Corp981.00m803.00m8.60bn1.90k10.640.90228.428.765.555.556.7765.410.0626--5.47516,315.805.124.015.194.17----81.86106.06----0.29360.000.6154113.23-45.2757.96458.10--
Warner Music Group Corp6.38bn539.00m15.77bn5.90k29.1932.6417.382.471.041.0412.340.93260.751732.175.471,081,695.006.883.1611.745.6547.5747.579.154.160.66926.180.8624129.651.998.55-22.066.6722.32--
Fox Corp13.98bn1.50bn17.82bn10.20k12.831.739.171.273.133.1329.1423.230.637815.556.161,370,588.007.096.678.517.7034.9935.7511.1210.732.335.490.394318.92-6.264.1821.15-1.217.98--
Warner Bros Discovery Inc39.93bn-11.77bn20.20bn35.30k--0.5882.920.5059-4.80-4.8016.3514.010.3375--6.171,131,275.00-9.96-1.79-11.81-2.0842.1947.99-29.50-5.14---0.01880.5363--22.1931.3957.87--55.02--
TKO Group Holdings Inc2.54bn-79.96m20.81bn1.25k--5.2082.418.18-0.9652-0.965230.9223.430.3576--11.142,035,140.00-1.316.56-2.1510.7268.42---3.6512.63--2.700.255526.8529.6912.48-118.01--8.55-12.94
Liberty Media Corp3.69bn279.00m23.07bn6.40k60.242.5835.236.251.191.1915.7127.770.3365--25.29576,875.002.54-0.49832.84-0.541430.8529.297.56-2.51--2.990.3078--25.2212.02-66.85--98.00--
Data as of Sep 20 2024. Currency figures normalised to Warner Music Group Corp's reporting currency: US Dollar USD

Institutional shareholders

54.92%Per cent of shares held by top holders
HolderShares% Held
Capital Research & Management Co. (World Investors)as of 30 Jun 202413.27m9.37%
The Vanguard Group, Inc.as of 30 Jun 202413.14m9.28%
BlackRock Fund Advisorsas of 30 Jun 20248.41m5.94%
Darlington Partners Capital Management LPas of 30 Jun 20248.07m5.70%
AKO Capital LLPas of 30 Jun 20247.46m5.27%
Fidelity Management & Research Co. LLCas of 31 Jul 20246.79m4.80%
FIL Investments Internationalas of 30 Jun 20245.34m3.77%
Independent Franchise Partners LLPas of 30 Jun 20245.23m3.69%
Cooke & Bieler LPas of 30 Jun 20245.06m3.57%
JPMorgan Investment Management, Inc.as of 30 Jun 20244.98m3.52%
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Data from 30 Jun 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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