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% on a QoQ basis from 22.83% in Q4 2025.
Warner Music (WMG) has 17 years of FCF Margin data on file, last reported at 5.72% in Q1 2026.
- Quarterly FCF Margin rose 349.0% year-over-year to 5.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.23% (down 177.0% YoY) and the FY2025 annual result came in at 8.04%, down 189.0% from the prior year.
- FCF Margin retreated to 5.72% in Q1 2026 per WMG's latest filing, from 22.83% in the prior quarter.
- Across five years, FCF Margin topped out at 24.58% in Q3 2022 and bottomed at 3.82% in Q1 2024.
- The 5-year median for FCF Margin is 10.3% (2024), against an average of 9.91%.
- The widest annual swing landed in 2022, when FCF Margin soared 1056 bps; it then tumbled 988 bps in 2025.
- Tracing WMG's FCF Margin over 5 years: stood at 12.63% in 2022, then advanced by 20 bps to 15.1% in 2023, then climbed by 18 bps to 17.77% in 2024, then increased by 28 bps to 22.83% in 2025, then slumped by 75 bps to 5.72% in 2026.
- Per Business Quant, the three latest WMG FCF Margin figures stand at 5.72% (Q1 2026), 22.83% (Q4 2025), and 10.87% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 41.59% |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 19.63% |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | -5.35% |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 53.52% |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 44.24% |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 47.40% |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 15.91% |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 18.26% |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 42.24% |
| 10 | Warner Music | 4.58 Bn | 3.94 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% |
| Mar 31, 2021 | 10.40% |
| Dec 31, 2020 | 11.31% |
| Sep 30, 2020 | 12.34% |
| Jun 30, 2020 | 10.20% |
| Mar 31, 2020 | 6.82% |
| Dec 31, 2019 | 5.02% |
| Sep 30, 2019 | 11.48% |
| Jun 30, 2019 | 12.00% |
| Mar 31, 2019 | -2.39% |
| Dec 31, 2018 | 5.49% |
| Sep 30, 2018 | 12.13% |
| Jun 30, 2018 | 12.32% |
| Mar 31, 2018 | -1.35% |
| Dec 31, 2017 | 11.48% |
| Sep 30, 2017 | 23.01% |
| Jun 30, 2017 | 7.85% |
| Mar 31, 2017 | 7.27% |
| Dec 31, 2016 | 16.14% |
| Sep 30, 2016 | 14.74% |
| Jun 30, 2016 | 3.33% |
| Mar 31, 2016 | 13.15% |
| Dec 31, 2015 | 6.01% |
| Sep 30, 2015 | 12.27% |
| Jun 30, 2015 | -5.07% |
| Mar 31, 2015 | 13.59% |
| Dec 31, 2014 | 1.33% |
| Sep 30, 2014 | 7.65% |
| Jun 30, 2014 | -6.85% |
| Mar 31, 2014 | 17.30% |
| Dec 31, 2013 | -7.85% |
| Sep 30, 2013 | 0.13% |
| Jun 30, 2013 | 1.81% |
| Mar 31, 2013 | 19.11% |
| Dec 31, 2012 | -2.21% |
| Sep 30, 2012 | 24.35% |
| Mar 31, 2012 | 18.30% |
| Dec 31, 2011 | 2.45% |
| Dec 31, 2010 | -15.55% |
| Sep 30, 2010 | 3.84% |