Warner Music (WMG) Debt Ratio (2010 - 2026)
Warner Music's Debt Ratio came in at 0.38 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 9.2% from 0.42 a year earlier and down 1.1% from the prior quarter.
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Analysis
Warner Music (WMG) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Warner Music's Debt Ratio was 0.41, down 5.7% from FY2024.
- Debt Ratio has declined in each of the last three fiscal years.
- Going back by fiscal year, Debt Ratio was 0.44 in FY2024 (-5.5%), 0.46 in FY2023 (-2.7%), 0.48 in FY2022 (+2.7%) and 0.46 in FY2021 (-4.2%).
- The fiscal Q3 2026 figure represents the lowest quarterly Debt Ratio in data going back to fiscal Q4 2010.
- Year-over-year, Debt Ratio has declined for 13 consecutive quarters, with an average decline of 6.8% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in fiscal Q3 2022 (growth of 2.8%), and the weakest in fiscal Q3 2026 (a decline of 9.2%).
- Business Quant data shows WMG's Debt Ratio at 0.38 (Q2 2026), 0.41 (Q1 2026) and 0.41 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.10 Bn | 166.67 Bn | 11.57 Bn | 0.22 |
| 2 | Warner Music | 14.45 Bn | 11.94 Bn | 854.00 Mn | 0.38 |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 0.36 |
| 4 | Angel Studios | 856.70 Mn | 662.19 Mn | 59.96 Mn | 0.32 |
| 5 | Reservoir Media | 626.34 Mn | 538.65 Mn | 26.69 Mn | 0.49 |
| 6 | Kartoon Studios | 37.94 Mn | 20.81 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | 0.07 |
| 8 | Nexus Advanced Technologies | 2.25 Mn | -16.36 Mn | - | 109.63 |
| 9 | AI Era | 348,100.85 | -302,132.15 | - | 0.04 |
| 10 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.42 |
| Mar 31, 2025 | 0.42 |
| 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 |
API Access
Warner Music Debt 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=debt-ratio&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();