Warner Music (WMG) Common Equity (2010 - 2026)
Warner Music's (WMG) quarterly Common Equity came in at $738.0 million in Q1 2026, down 6.58% year-on-year from $790.0 million in Q1 2025, and down 10.44% on a QoQ basis from $824.0 million in Q4 2025.
Warner Music (WMG) Common Equity (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Common Equity data on file, last reported at $738.0 million in Q1 2026.
- On a quarterly basis, Common Equity fell 6.58% year-over-year to $738.0 million in Q1 2026; TTM through Mar 2026 was $738.0 million, a 6.58% decrease from a year earlier, with the FY2025 full-year figure at $757.0 million, up 12.15% from the prior year.
- Common Equity for Q1 2026 stood at $738.0 million, down from $824.0 million in the prior quarter.
- Over the last five years, Common Equity for WMG reached as high as $824.0 million in Q4 2025 and fell as low as $168.0 million in Q3 2022.
- Historically, Common Equity has averaged $524.6 million across 5 years, with a median of $616.0 million in 2023.
- Across the five-year window, Common Equity soared 265.22% in 2022 and dropped 6.58% in 2026, its largest moves.
- Year by year, Common Equity stood at $282.0 million in 2022, then surged by 118.44% to $616.0 million in 2023, then gained by 13.15% to $697.0 million in 2024, then climbed by 18.22% to $824.0 million in 2025, then retreated by 10.44% to $738.0 million in 2026.
- Per Business Quant data, the three most recent Common Equity figures were $738.0 million in Q1 2026, $824.0 million in Q4 2025, and $757.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 30.15 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 115.31 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 33.71 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -139.40 Mn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 7.73 Bn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 2.67 Bn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 3.38 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 10.97 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 8.58 Bn |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn | 738.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 738.00 Mn |
| Dec 31, 2025 | 824.00 Mn |
| Sep 30, 2025 | 757.00 Mn |
| Jun 30, 2025 | 812.00 Mn |
| Mar 31, 2025 | 790.00 Mn |
| Dec 31, 2024 | 697.00 Mn |
| Sep 30, 2024 | 675.00 Mn |
| Jun 30, 2024 | 635.00 Mn |
| Mar 31, 2024 | 585.00 Mn |
| Dec 31, 2023 | 616.00 Mn |
| Sep 30, 2023 | 430.00 Mn |
| Jun 30, 2023 | 299.00 Mn |
| Mar 31, 2023 | 266.00 Mn |
| Dec 31, 2022 | 282.00 Mn |
| Sep 30, 2022 | 168.00 Mn |
| Jun 30, 2022 | 172.00 Mn |
| Mar 31, 2022 | 173.00 Mn |
| Dec 31, 2021 | 172.00 Mn |
| Sep 30, 2021 | 46.00 Mn |
| Jun 30, 2021 | 95.00 Mn |