Warner Music (WMG) Price to Earnings (2021 - 2026)
Warner Music's Price to Earnings was 21.07 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 55.9% from 47.81 a year earlier and down 28.5% from the prior quarter.
Powered by 
Analysis
Warner Music (WMG) Price to Earnings (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Price to Earnings at Warner Music came in at 48.57, up 30.4% from FY2024.
- In earlier fiscal years, Price to Earnings was 37.24 in FY2024 (-1.2%), 37.68 in FY2023 (+73.8%), 21.68 in FY2022 (-70.0%) and 72.19 in FY2021.
- The fiscal Q3 2026 figure marks the lowest quarterly Price to Earnings in data going back to fiscal Q3 2021.
- Compared with a year earlier, Price to Earnings was higher in four of the last eight quarters, with growth averaging 9.7%.
- The best year-over-year quarter for Price to Earnings over five years was fiscal Q4 2023 (growth of 73.8%); the worst was fiscal Q4 2022 (a decline of 70.0%).
- Per Business Quant data, WMG's Price to Earnings in the three fiscal quarters before Q3 2026 was 29.47 (Q2 2026), 52.50 (Q1 2026) and 48.57 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walt Disney | 176.43 Bn | 161.00 Bn | 11.57 Bn |
| 2 | Warner Music | 14.03 Bn | 11.52 Bn | 854.00 Mn |
| 3 | Lionsgate Studios | 3.32 Bn | 2.28 Bn | - |
| 4 | Angel Studios | 753.52 Mn | 559.02 Mn | 59.96 Mn |
| 5 | Reservoir Media | 627.66 Mn | 539.97 Mn | 26.69 Mn |
| 6 | Kartoon Studios | 34.83 Mn | 17.70 Mn | - |
| 7 | American Picture House | 7.96 Mn | 7.96 Mn | - |
| 8 | Nexus Advanced Technologies | 1.88 Mn | -16.73 Mn | - |
| 9 | AI Era | 348,100.85 | -302,132.15 | - |
| 10 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.07 |
| Mar 31, 2026 | 29.47 |
| Dec 31, 2025 | 52.50 |
| Sep 30, 2025 | 48.57 |
| Jun 30, 2025 | 47.81 |
| Mar 31, 2025 | 36.09 |
| Dec 31, 2024 | 31.47 |
| Sep 30, 2024 | 37.24 |
| Jun 30, 2024 | 29.07 |
| Mar 31, 2024 | 32.33 |
| Dec 31, 2023 | 39.58 |
| Sep 30, 2023 | 37.68 |
| Jun 30, 2023 | 31.60 |
| Mar 31, 2023 | 40.23 |
| Dec 31, 2022 | 37.12 |
| Sep 30, 2022 | 21.68 |
| Jun 30, 2022 | 29.10 |
| Mar 31, 2022 | 52.95 |
| Dec 31, 2021 | 57.62 |
| Sep 30, 2021 | 72.19 |
API Access
Warner Music Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=WMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "WMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();