Warner Music (WMG) Debt Ratio (2010 - 2026)
Warner Music's (WMG) quarterly Debt Ratio came in at 0.44 in Q1 2026, down 0.87% year-on-year from 0.45 in Q1 2025, and up 1.85% on a QoQ basis from 0.44 in Q4 2025.
Warner Music (WMG) Debt Ratio (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of Debt Ratio data on file, last reported at 0.44 in Q1 2026.
- On a quarterly basis, Debt Ratio fell 0.87% year-over-year to 0.44 in Q1 2026; TTM through Mar 2026 was 0.44, a 0.87% decrease from a year earlier, with the FY2025 full-year figure at 0.03, down 92.99% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.44, up from 0.44 in the prior quarter.
- Over the last five years, Debt Ratio for WMG reached as high as 0.5 in Q1 2023 and fell as low as 0.03 in Q3 2025.
- Historically, Debt Ratio has averaged 0.44 across 5 years, with a median of 0.45 in 2024.
- Across the five-year window, Debt Ratio climbed 2.79% in 2022 and tumbled 92.99% in 2025, its largest moves.
- Year by year, Debt Ratio stood at 0.49 in 2022, then fell by 8.26% to 0.45 in 2023, then dropped by 2.9% to 0.43 in 2024, then climbed by 0.97% to 0.44 in 2025, then gained by 1.85% to 0.44 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.44 in Q1 2026, 0.44 in Q4 2025, and 0.03 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 0.24 |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 0.23 |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 0.35 |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 0.33 |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 0.32 |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | - |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 0.29 |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 0.30 |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 0.13 |
| 10 | Warner Music | 73.15 Mn | -534.85 Mn | 802.00 Mn | 0.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.44 |
| Dec 31, 2025 | 0.44 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | 0.48 |
| Sep 30, 2021 | 0.46 |
| Jun 30, 2021 | 0.48 |