Warner Music (WMG) FCF Margin (2010 - 2026)
Warner Music (WMG) reported FCF Margin of 5.72% for Q1 2026, up 349.0% year-over-year from 1.27% in Q1 2025, and down 74.96% quarter-over-quarter from 22.83% in Q4 2025.
Warner Music (WMG) FCF Margin (2010 - 2026) Analysis & Trends
Warner Music (WMG) has 17 years of FCF Margin data on file, last reported at 5.72% in Q1 2026.
- FCF Margin for Q1 2026 came in at 5.72%, up 349.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.23% (down 177.0% YoY), and the FY2025 annual result was 8.04%, down 189.0% from the prior year.
- FCF Margin fell to 5.72% in Q1 2026 per WMG's latest filing, from 22.83% in the prior quarter.
- Over five years, FCF Margin peaked at 24.58% in Q3 2022 and troughed at 3.82% in Q1 2024.
- A 5-year average of 9.91% and a median of 10.3% in 2024 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2025: FCF Margin surged 1056 bps in 2022, then sank 988 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 12.63% in 2022, then grew by 20 bps to 15.1% in 2023, then increased by 18 bps to 17.77% in 2024, then gained by 28 bps to 22.83% in 2025, then plunged by 75 bps to 5.72% in 2026.
- Business Quant data shows WMG's FCF Margin at 5.72% in Q1 2026, 22.83% in Q4 2025, and 10.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 41.59% |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 19.63% |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | -5.35% |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 53.52% |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 47.40% |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 44.24% |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 15.91% |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 18.26% |
| 10 | Warner Music | 4.13 Bn | 3.49 Bn | 802.00 Mn | 5.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.72% |
| Dec 31, 2025 | 22.83% |
| Sep 30, 2025 | 10.87% |
| Jun 30, 2025 | 0.41% |
| Mar 31, 2025 | 2.22% |
| Dec 31, 2024 | 17.77% |
| Sep 30, 2024 | 16.63% |
| Jun 30, 2024 | 10.30% |
| Mar 31, 2024 | -3.82% |
| Dec 31, 2023 | 15.10% |
| Sep 30, 2023 | 18.92% |
| Jun 30, 2023 | 7.23% |
| Mar 31, 2023 | -2.93% |
| Dec 31, 2022 | 12.63% |
| Sep 30, 2022 | 24.58% |
| Jun 30, 2022 | 8.94% |
| Mar 31, 2022 | 1.16% |
| Dec 31, 2021 | 5.89% |
| Sep 30, 2021 | 14.03% |
| Jun 30, 2021 | 5.30% |