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% on a QoQ basis from $4.93 in Q4 2025.
Warner Music (WMG) has 17 years of Debt to Equity data on file, last reported at $5.48 in Q1 2026.
- Quarterly Debt to Equity rose 8.55% year-over-year to $5.48 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.48 (up 8.55% YoY) and the FY2025 annual result came in at $6.28, up 5.6% from the prior year.
- Debt to Equity improved to $5.48 in Q1 2026 per WMG's latest filing, from $4.93 in the prior quarter.
- Across five years, Debt to Equity topped out at $22.21 in Q3 2022 and bottomed at $4.93 in Q4 2025.
- The 5-year median for Debt to Equity is $6.5 (2023), against an average of $10.34.
- The widest annual swing landed in 2022, when Debt to Equity sank 69.46%; it then rose 8.55% in 2026.
- Tracing WMG's Debt to Equity over 5 years: stood at $13.99 in 2022, then slumped by 53.55% to $6.5 in 2023, then retreated by 12.7% to $5.67 in 2024, then retreated by 13.08% to $4.93 in 2025, then rose by 11.16% to $5.48 in 2026.
- Per Business Quant, the three latest WMG Debt to Equity figures stand at $5.48 (Q1 2026), $4.93 (Q4 2025), and $6.28 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 0.46 |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 0.41 |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 0.96 |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | -61.05 |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 0.60 |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 0.65 |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | - |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 0.21 |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 0.55 |
| 10 | Warner Music | 4.58 Bn | 3.94 Bn | 802.00 Mn | 5.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 45.95 |
| Dec 31, 2020 | 102.64 |
| Sep 30, 2020 | -68.98 |
| Jun 30, 2020 | -142.86 |
| Mar 31, 2020 | -10.47 |
| Dec 31, 2019 | -17.68 |
| Sep 30, 2019 | -11.06 |
| Jun 30, 2019 | -22.60 |
| Mar 31, 2019 | -24.92 |
| Dec 31, 2018 | -21.57 |
| Sep 30, 2018 | -8.81 |
| Jun 30, 2018 | 16.08 |
| Mar 31, 2018 | 14.38 |
| Dec 31, 2017 | 8.78 |
| Sep 30, 2017 | 9.13 |
| Jun 30, 2017 | 8.61 |
| Mar 31, 2017 | 14.80 |
| Dec 31, 2016 | 22.22 |
| Sep 30, 2016 | 13.23 |
| Jun 30, 2016 | 12.53 |
| Mar 31, 2016 | 12.44 |
| Dec 31, 2015 | 13.39 |
| Sep 30, 2015 | 12.53 |
| Jun 30, 2015 | 11.80 |
| Mar 31, 2015 | 11.65 |
| Dec 31, 2014 | 10.23 |
| Sep 30, 2014 | 7.77 |
| Jun 30, 2014 | 6.89 |
| Mar 31, 2014 | 4.61 |
| Dec 31, 2013 | 4.30 |
| Sep 30, 2013 | 3.86 |
| Jun 30, 2013 | 2.66 |
| Mar 31, 2013 | 2.59 |
| Dec 31, 2012 | 2.58 |
| Sep 30, 2012 | 2.34 |
| Jun 30, 2012 | 2.34 |
| Mar 31, 2012 | 2.22 |
| Dec 31, 2011 | 2.12 |
| Sep 30, 2011 | 2.05 |
| Jun 30, 2011 | -5.78 |
| Sep 30, 2010 | 36.02 |