Warner Music (WMG) EV to CFO (2020 - 2026)
Warner Music's (WMG) EV to CFO stood at 14.56 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 20.0% from 18.21 a year earlier and down 3.4% from the prior quarter.
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Analysis
Warner Music (WMG) EV to CFO (2020 - 2026) Analysis & Trends
On a TTM basis, Warner Music's EV to CFO came in at 12.41 as of Jun 30, 2026, down 19.2% year-over-year; for FY2025 (ended Sep 30, 2025), it was 25.53, up 24.1% from FY2024.
- Across earlier fiscal years, EV to CFO came in at 20.56 in FY2024 (-9.9%), 22.83 in FY2023 (+48.9%), 15.33 in FY2022 (-54.4%) and 33.64 in FY2021 (+10.3%).
- The fiscal Q3 2026 figure is the lowest quarterly EV to CFO in data going back to fiscal Q3 2020.
- On a year-over-year basis, EV to CFO rose in two of the last eight quarters, with an average decline of 8.1%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 48.9% in fiscal Q4 2023, against a decline of 54.4% in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 15.08 (Q2 2026), 19.42 (Q1 2026) and 25.53 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - |
| 9 | AI Era | 580,168.11 | -70,064.89 | - |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.56 |
| Mar 31, 2026 | 15.08 |
| Dec 31, 2025 | 19.42 |
| Sep 30, 2025 | 25.53 |
| Jun 30, 2025 | 18.21 |
| Mar 31, 2025 | 17.55 |
| Dec 31, 2024 | 19.30 |
| Sep 30, 2024 | 20.56 |
| Jun 30, 2024 | 19.57 |
| Mar 31, 2024 | 22.34 |
| Dec 31, 2023 | 23.19 |
| Sep 30, 2023 | 22.83 |
| Jun 30, 2023 | 17.06 |
| Mar 31, 2023 | 21.54 |
| Dec 31, 2022 | 21.08 |
| Sep 30, 2022 | 15.33 |
| Jun 30, 2022 | 21.65 |
| Mar 31, 2022 | 38.86 |
| Dec 31, 2021 | 37.15 |
| Sep 30, 2021 | 33.64 |
API Access
Warner Music EV to CFO 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=ev-to-cfo&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();