Warner Music (WMG) Dividend Coverage Ratio (2010 - 2026)
Warner Music's (WMG) quarterly Dividend Coverage Ratio came in at 2.0 in Q2 2026, up 1275.0% year-over-year from 0.15 in Q2 2025, and up 10.5% quarter-over-quarter from 1.81 in Q1 2026.
Analysis
Warner Music (WMG) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Warner Music (WMG) has reported Dividend Coverage Ratio for 17 consecutive years, with 2.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 1275.0% year-over-year to 2.0 in Q2 2026; TTM through Jun 2026 was 1.66, a 102.84% increase from a year earlier, with the FY2025 full-year figure at 0.97, down 27.04% from the prior year.
- Dividend Coverage Ratio was 2.0 for Q2 2026 at Warner Music, up from 1.81 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 2.56 in Q4 2024 and troughed at 0.17 in Q2 2025.
- A 5-year average of 1.36 and a median of 1.53 in 2022 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio sank 110.74% in 2025 and surged 1275.0% in 2026, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 1.48 in 2022, then soared by 46.9% to 2.17 in 2023, then advanced by 18.23% to 2.56 in 2024, then tumbled by 31.74% to 1.75 in 2025, then climbed by 14.29% to 2.0 in 2026.
- The last three Dividend Coverage Ratio figures came in at 2.0 (Q2 2026), 1.81 (Q1 2026), and 1.75 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Music | 10.57 Bn | 9.95 Bn | 854.00 Mn | 2.00 |
| 2 | Reservoir Media | 580.60 Mn | 566.94 Mn | 26.69 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 |
| Mar 31, 2026 | 1.81 |
| Dec 31, 2025 | 1.75 |
| Sep 30, 2025 | 1.09 |
| Jun 30, 2025 | -0.17 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 2.56 |
| Sep 30, 2024 | 0.51 |
| Jun 30, 2024 | 1.58 |
| Mar 31, 2024 | 1.08 |
| Dec 31, 2023 | 2.17 |
| Sep 30, 2023 | 1.73 |
| Jun 30, 2023 | 1.48 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 1.48 |
| Sep 30, 2022 | 1.81 |
| Jun 30, 2022 | 1.58 |
| Mar 31, 2022 | 1.18 |
| Dec 31, 2021 | 2.41 |
| Sep 30, 2021 | 0.38 |