Warner Music (WMG) Invested Capital (2010 - 2026)
Warner Music (WMG) reported Invested Capital of $5.5 billion for Q1 2026, up 7.38% year-over-year from $5.1 billion in Q1 2025, and up 5.04% on a QoQ basis from $5.2 billion in Q4 2025.
Warner Music (WMG) has 17 years of Invested Capital data on file, last reported at $5.5 billion in Q1 2026.
- Quarterly Invested Capital rose 7.38% year-over-year to $5.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.5 billion (up 7.38% YoY) and the FY2025 annual result came in at $5.0 billion, up 6.89% from the prior year.
- Invested Capital advanced to $5.5 billion in Q1 2026 per WMG's latest filing, from $5.2 billion in the prior quarter.
- Across five years, Invested Capital topped out at $5.5 billion in Q1 2026 and bottomed at $3.9 billion in Q3 2022.
- The 5-year median for Invested Capital is $4.6 billion (2024), against an average of $4.6 billion.
- The widest annual swing landed in 2022, when Invested Capital rose 16.78%; it then climbed 0.69% in 2024.
- Tracing WMG's Invested Capital over 5 years: stood at $4.2 billion in 2022, then gained by 9.27% to $4.6 billion in 2023, then increased by 0.69% to $4.7 billion in 2024, then grew by 11.67% to $5.2 billion in 2025, then increased by 5.04% to $5.5 billion in 2026.
- Per Business Quant, the three latest WMG Invested Capital figures stand at $5.5 billion (Q1 2026), $5.2 billion (Q4 2025), and $5.0 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 32.13 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 124.20 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 66.17 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 1.66 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 10.97 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 7.78 Bn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 2.67 Bn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 11.27 Bn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 8.54 Bn |
| 10 | Warner Music | 4.58 Bn | 3.94 Bn | 802.00 Mn | 5.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.46 Bn |
| Dec 31, 2025 | 5.20 Bn |
| Sep 30, 2025 | 5.01 Bn |
| Jun 30, 2025 | 5.18 Bn |
| Mar 31, 2025 | 5.08 Bn |
| Dec 31, 2024 | 4.65 Bn |
| Sep 30, 2024 | 4.69 Bn |
| Jun 30, 2024 | 4.61 Bn |
| Mar 31, 2024 | 4.57 Bn |
| Dec 31, 2023 | 4.62 Bn |
| Sep 30, 2023 | 4.39 Bn |
| Jun 30, 2023 | 4.29 Bn |
| Mar 31, 2023 | 4.25 Bn |
| Dec 31, 2022 | 4.23 Bn |
| Sep 30, 2022 | 3.90 Bn |
| Jun 30, 2022 | 3.96 Bn |
| Mar 31, 2022 | 4.00 Bn |
| Dec 31, 2021 | 4.02 Bn |
| Sep 30, 2021 | 3.39 Bn |
| Jun 30, 2021 | 3.46 Bn |
| Mar 31, 2021 | 3.43 Bn |
| Dec 31, 2020 | 3.42 Bn |
| Sep 30, 2020 | 3.06 Bn |
| Jun 30, 2020 | 2.98 Bn |
| Mar 31, 2020 | 2.70 Bn |
| Dec 31, 2019 | 2.82 Bn |
| Sep 30, 2019 | 2.71 Bn |
| Jun 30, 2019 | -133.00 Mn |
| Mar 31, 2019 | 2.87 Bn |
| Dec 31, 2018 | 2.86 Bn |
| Sep 30, 2018 | 2.50 Bn |
| Jun 30, 2018 | 2.99 Bn |
| Mar 31, 2018 | 316.00 Mn |
| Dec 31, 2017 | 3.14 Bn |
| Sep 30, 2017 | 3.12 Bn |
| Jun 30, 2017 | 3.12 Bn |
| Mar 31, 2017 | 2.95 Bn |
| Dec 31, 2016 | 2.88 Bn |
| Sep 30, 2016 | 2.99 Bn |
| Jun 30, 2016 | 345.00 Mn |
| Mar 31, 2016 | 247.00 Mn |
| Dec 31, 2015 | 236.00 Mn |
| Sep 30, 2015 | 252.00 Mn |
| Jun 30, 2015 | 267.00 Mn |
| Mar 31, 2015 | 270.00 Mn |
| Dec 31, 2014 | 3.31 Bn |
| Sep 30, 2014 | 3.42 Bn |
| Jun 30, 2014 | 455.00 Mn |
| Mar 31, 2014 | 3.49 Bn |
| Dec 31, 2013 | 3.61 Bn |
| Sep 30, 2013 | 3.61 Bn |
| Jun 30, 2013 | 805.00 Mn |
| Mar 31, 2013 | 885.00 Mn |
| Dec 31, 2012 | 3.09 Bn |
| Sep 30, 2012 | 3.15 Bn |
| Jun 30, 2012 | 944.00 Mn |
| Mar 31, 2012 | 995.00 Mn |
| Dec 31, 2011 | 1.04 Bn |
| Sep 30, 2011 | 1.08 Bn |
| Jun 30, 2011 | -338.00 Mn |
| Sep 30, 2010 | 54.00 Mn |