Warner Music (WMG) Debt to Equity (2010 - 2026)

Warner Music (WMG) reported Debt to Equity of $5.48 for Q1 2026, up 8.55% year-over-year from $5.05 in Q1 2025, and up 11.16% quarter-over-quarter from $4.93 in Q4 2025.

Warner Music (WMG) Debt to Equity (2010 - 2026) Analysis & Trends

Warner Music (WMG) has 17 years of Debt to Equity data on file, last reported at $5.48 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $5.48, up 8.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.48 (up 8.55% YoY), and the FY2025 annual result was $6.28, up 5.6% from the prior year.
  • Debt to Equity climbed to $5.48 in Q1 2026 per WMG's latest filing, from $4.93 in the prior quarter.
  • Over five years, Debt to Equity peaked at $22.21 in Q3 2022 and troughed at $4.93 in Q4 2025.
  • A 5-year average of $10.34 and a median of $6.5 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2026: Debt to Equity tumbled 69.46% in 2022, then advanced 8.55% in 2026.
  • A 5-year view of Debt to Equity shows it stood at $13.99 in 2022, then plunged by 53.55% to $6.5 in 2023, then slipped by 12.7% to $5.67 in 2024, then slipped by 13.08% to $4.93 in 2025, then advanced by 11.16% to $5.48 in 2026.
  • Business Quant data shows WMG's Debt to Equity at $5.48 in Q1 2026, $4.93 in Q4 2025, and $6.28 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 0.46
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 0.41
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 0.96
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -61.05
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 0.65
7 Fox 20.41 Bn 16.92 Bn - 0.60
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn -
9 News 15.92 Bn 14.45 Bn - 0.21
10 Warner Music 4.13 Bn 3.49 Bn 802.00 Mn 5.48

Historic Data

Download Data
DateValue
Mar 31, 2026 5.48
Dec 31, 2025 4.93
Sep 30, 2025 6.28
Jun 30, 2025 5.00
Mar 31, 2025 5.05
Dec 31, 2024 5.67
Sep 30, 2024 5.95
Jun 30, 2024 6.26
Mar 31, 2024 6.81
Dec 31, 2023 6.50
Sep 30, 2023 9.22
Jun 30, 2023 13.34
Mar 31, 2023 14.98
Dec 31, 2022 13.99
Sep 30, 2022 22.21
Jun 30, 2022 22.01
Mar 31, 2022 22.13
Dec 31, 2021 22.36
Sep 30, 2021 72.74
Jun 30, 2021 35.44