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
DateValue
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%