Warner Music (WMG) Asset Utilization Ratio (2011 - 2026)
Warner Music's Asset Utilization Ratio came in at 0.68 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 2.4% from 0.67 a year earlier but down 1.0% from the prior quarter.
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Analysis
Warner Music (WMG) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Warner Music's Asset Utilization Ratio was 0.71, down 2.7% from FY2024.
- Asset Utilization Ratio has declined in each of the last three fiscal years.
- Going back by fiscal year, Asset Utilization Ratio was 0.73 in FY2024 (-1.5%), 0.74 in FY2023 (-6.3%), 0.79 in FY2022 (+1.1%) and 0.78 in FY2021 (+8.4%).
- The five-year range for quarterly Asset Utilization Ratio is 0.67 (fiscal Q3 2025) to 0.76 (fiscal Q4 2022).
- Year-over-year, Asset Utilization Ratio has increased for three consecutive quarters, with an average decline of 2.3% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q1 2022 (growth of 7.7%), and the weakest in fiscal Q3 2025 (a decline of 8.0%).
- Business Quant data shows WMG's Asset Utilization Ratio at 0.69 (Q2 2026), 0.69 (Q1 2026) and 0.68 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.10 Bn | 166.67 Bn | 11.57 Bn | 0.48 |
| 2 | Warner Music | 14.45 Bn | 11.94 Bn | 854.00 Mn | 0.68 |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 0.54 |
| 4 | Angel Studios | 856.70 Mn | 662.19 Mn | 59.96 Mn | 1.84 |
| 5 | Reservoir Media | 626.34 Mn | 538.65 Mn | 26.69 Mn | 0.19 |
| 6 | Kartoon Studios | 37.94 Mn | 20.81 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | 0.64 |
| 8 | Nexus Advanced Technologies | 2.25 Mn | -16.36 Mn | - | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | 1.04 |
| 10 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 0.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.68 |
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 0.69 |
| Sep 30, 2025 | 0.68 |
| Jun 30, 2025 | 0.67 |
| Mar 31, 2025 | 0.68 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.71 |
| Jun 30, 2024 | 0.73 |
| Mar 31, 2024 | 0.72 |
| Dec 31, 2023 | 0.72 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.74 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 0.73 |
| Sep 30, 2022 | 0.76 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.72 |
| Dec 31, 2021 | 0.73 |
| Sep 30, 2021 | 0.74 |
API Access
Warner Music Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();