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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |