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

Warner Music's (WMG) quarterly FCF Margin came in at 8.89% in Q1 2026, up 930.0% year-on-year from 0.86% in Q1 2025, and down 61.05% on a QoQ basis 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 8.89% in Q1 2026.

  • On a quarterly basis, FCF Margin rose 930.0% year-over-year to 8.89% in Q1 2026; TTM through Mar 2026 was 11.0%, a 196.0% decrease from a year earlier, with the FY2025 full-year figure at 8.04%, down 237.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 8.89%, down from 22.83% in the prior quarter.
  • Over the last five years, FCF Margin for WMG reached as high as 24.58% in Q3 2022 and fell as low as 5.82% in Q1 2024.
  • Historically, FCF Margin has averaged 10.19% across 5 years, with a median of 10.87% in 2025.
  • Across the five-year window, FCF Margin soared 1056 bps in 2022 and tumbled 1181 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 13.84% in 2022, then advanced by 9 bps to 15.1% in 2023, then surged by 33 bps to 20.11% in 2024, then advanced by 14 bps to 22.83% in 2025, then sank by 61 bps to 8.89% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 8.89% 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 286.85 Bn 277.73 Bn 6.52 Bn 12.14%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 19.63%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -5.35%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 53.52%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 10.97%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 16.32%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 42.24%
8 Fox 20.85 Bn 17.36 Bn - 44.24%
9 News 16.48 Bn 15.01 Bn - 18.26%
10 Warner Music 73.15 Mn -534.85 Mn 802.00 Mn 8.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.89%
Dec 31, 2025 22.83%
Sep 30, 2025 10.87%
Jun 30, 2025 0.41%
Mar 31, 2025 -0.40%
Dec 31, 2024 20.11%
Sep 30, 2024 18.53%
Jun 30, 2024 12.23%
Mar 31, 2024 -5.82%
Dec 31, 2023 15.10%
Sep 30, 2023 18.92%
Jun 30, 2023 7.23%
Mar 31, 2023 -4.22%
Dec 31, 2022 13.84%
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%