Warner Music (WMG) EV to EBIT (2021 - 2026)
Warner Music's (WMG) EV to EBIT came in at 13.68 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 30.6% from 19.70 a year earlier and down 7.1% from the prior quarter.
Powered by 
Analysis
Warner Music (WMG) EV to EBIT (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBIT at Warner Music was 11.65, down 29.9% year-over-year; for FY2025 (ended Sep 30, 2025), it was 24.94, up 32.4% from FY2024.
- In prior fiscal years, Warner Music's EV to EBIT was 18.84 in FY2024 (-5.1%), 19.85 in FY2023 (+24.6%), 15.94 in FY2022 (-54.8%) and 35.24 in FY2021.
- The fiscal Q3 2026 figure stands as the lowest quarterly EV to EBIT in data going back to fiscal Q2 2021.
- On a year-over-year basis, EV to EBIT has declined in each of the last three quarters, with an average decline of 1.2% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBIT in the past five years was fiscal Q4 2025, with growth of 32.4%; the weakest was fiscal Q2 2022, with a decline of 99.7%.
- According to Business Quant data, EV to EBIT for the three prior fiscal quarters was 14.72 (Q2 2026), 19.88 (Q1 2026) and 24.94 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - |
| 9 | AI Era | 696,201.70 | 45,968.70 | - |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.68 |
| Mar 31, 2026 | 14.72 |
| Dec 31, 2025 | 19.88 |
| Sep 30, 2025 | 24.94 |
| Jun 30, 2025 | 19.70 |
| Mar 31, 2025 | 21.41 |
| Dec 31, 2024 | 22.41 |
| Sep 30, 2024 | 18.84 |
| Jun 30, 2024 | 17.28 |
| Mar 31, 2024 | 19.07 |
| Dec 31, 2023 | 20.34 |
| Sep 30, 2023 | 19.85 |
| Jun 30, 2023 | 17.38 |
| Mar 31, 2023 | 23.83 |
| Dec 31, 2022 | 23.42 |
| Sep 30, 2022 | 15.94 |
| Jun 30, 2022 | 18.76 |
| Mar 31, 2022 | 28.66 |
| Dec 31, 2021 | 34.07 |
| Sep 30, 2021 | 35.24 |
API Access
Warner Music EV to EBIT 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-ebit&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();