Warner Music (WMG) FCF Margin (2010 - 2026)

Warner Music (WMG) has reported FCF Margin for 17 consecutive years, with 6.12% the latest figure, recorded in Q2 2026.

• On a quarterly basis, FCF Margin rose 570.0% year-over-year to 6.12% in Q2 2026; TTM through Jun 2026 was 11.45%, a 203.0% increase from a year earlier, with the FY2025 full-year figure at 8.04%, down 189.0% from the prior year.
• FCF Margin was 6.12% for Q2 2026 at Warner Music, up from 5.72% in the prior quarter.
• Over five years, FCF Margin peaked at 24.58% in Q3 2022 and troughed at 2.93% in Q1 2023.
• A 5-year average of 9.73% and a median of 9.9% in 2022 frame the typical range for FCF Margin.
• Across the five-year window, FCF Margin jumped 1056 bps in 2022 and sank 1168 bps in 2025, its largest moves.
• Over 5 years, FCF Margin stood at 12.63% in 2022, then dropped by 4 bps to 12.13% in 2023, then surged by 46 bps to 17.77% in 2024, then rose by 28 bps to 22.83% in 2025, then plunged by 73 bps to 6.12% in 2026.
• The last three FCF Margin figures came in at 6.12% (Q2 2026), 5.72% (Q1 2026), and 22.83% (Q4 2025), per Business Quant data.