Warner Music WMG
NASDAQ WMG
$28.16 +0.13 (+0.46%)
As of: Sep 9, 2026 · 3:59 PM EDT

Warner Music (WMG) EV to FCF (2020 - 2026)

Warner Music's (WMG) quarterly EV to FCF came in at 119.96 in Q2 2026, down 93.86% year-over-year from 1953.19 in Q2 2025, and down 6.59% quarter-over-quarter from 128.42 in Q1 2026.

Analysis

Warner Music (WMG) EV to FCF (2020 - 2026) Analysis & Trends

Warner Music (WMG) has reported EV to FCF for 7 consecutive years, with 119.96 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to FCF fell 93.86% year-over-year to 119.96 in Q2 2026; TTM through Jun 2026 was 16.36, a 27.14% decrease from a year earlier, with the FY2025 full-year figure at 32.11, up 32.12% from the prior year.
  • EV to FCF was 119.96 for Q2 2026 at Warner Music, down from 128.42 in the prior quarter.
  • Over five years, EV to FCF peaked at 1953.19 in Q2 2025 and troughed at 476.18 in Q1 2024.
  • A 5-year average of 209.5 and a median of 84.8 in 2023 frame the typical range for EV to FCF.
  • Across the five-year window, EV to FCF sank 133.95% in 2023 and jumped 2281.61% in 2025, its largest moves.
  • Over 5 years, EV to FCF stood at 92.18 in 2022, then retreated by 8.49% to 84.35 in 2023, then sank by 38.69% to 51.72 in 2024, then fell by 29.71% to 36.35 in 2025, then jumped by 230.0% to 119.96 in 2026.
  • The last three EV to FCF figures came in at 119.96 (Q2 2026), 128.42 (Q1 2026), and 36.35 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Warner Music 10.57 Bn 9.95 Bn 854.00 Mn
2 Reservoir Media 580.60 Mn 566.94 Mn 26.69 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 119.96
Mar 31, 2026 128.42
Dec 31, 2025 36.35
Sep 30, 2025 85.25
Jun 30, 2025 1,953.19
Mar 31, 2025 475.00
Dec 31, 2024 51.72
Sep 30, 2024 56.79
Jun 30, 2024 82.01
Mar 31, 2024 -476.18
Dec 31, 2023 84.35
Sep 30, 2023 52.28
Jun 30, 2023 113.98
Mar 31, 2023 -405.64
Dec 31, 2022 92.18
Sep 30, 2022 30.92
Jun 30, 2022 95.41
Mar 31, 2022 1,194.90
Dec 31, 2021 233.85
Sep 30, 2021 111.20