Warner Music (WMG) Debt Ratio (2010 - 2026)

Warner Music (WMG) reported Debt Ratio of 0.38 for Q1 2026, down 8.57% year-over-year from 0.42 in Q1 2025, and down 6.08% quarter-over-quarter from 0.41 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 0.38 in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.38, down 8.57% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.38 (down 8.57% YoY), and the FY2025 annual result was 0.41, down 5.72% from the prior year.
  • Debt Ratio fell to 0.38 in Q1 2026 per WMG's latest filing, from 0.41 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.5 in Q1 2023 and troughed at 0.38 in Q1 2026.
  • A 5-year average of 0.45 and a median of 0.45 in 2024 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio increased 2.79% in 2022, then slipped 8.61% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.49 in 2022, then slipped by 8.26% to 0.45 in 2023, then retreated by 2.9% to 0.43 in 2024, then slipped by 6.12% to 0.41 in 2025, then decreased by 6.08% to 0.38 in 2026.
  • Business Quant data shows WMG's Debt Ratio at 0.38 in Q1 2026, 0.41 in Q4 2025, and 0.41 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 0.24
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 0.23
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 0.33
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 0.33
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 0.32
7 Fox 20.41 Bn 16.92 Bn - 0.30
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn -
9 News 15.92 Bn 14.45 Bn - 0.13
10 Warner Music 4.13 Bn 3.49 Bn 802.00 Mn 0.38

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.48