Warner Music (WMG) Price to Sales (2020 - 2026)
Warner Music's (WMG) Price to Sales stood at 1.94 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 11.7% from 2.19 a year earlier but up 3.7% from the prior quarter.
Warner Music (WMG) Price to Sales (2020 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Warner Music's Price to Sales came in at 2.64, up 4.9% from FY2024.
- Across earlier fiscal years, Price to Sales came in at 2.52 in FY2024 (-6.1%), 2.68 in FY2023 (+33.0%), 2.02 in FY2022 (-51.2%) and 4.14 in FY2021 (+26.1%).
- Quarterly Price to Sales has ranged from 1.87 in fiscal Q2 2026 to 4.14 in fiscal Q4 2021 over the past five years.
- On a year-over-year basis, Price to Sales has declined for three consecutive quarters, with an average decline of 9.7% over the last eight quarters.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 33.0% in fiscal Q4 2023, against a decline of 51.2% in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.87 (Q2 2026), 2.33 (Q1 2026) and 2.64 (Q4 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.94 |
| Mar 31, 2026 | 1.87 |
| Dec 31, 2025 | 2.33 |
| Sep 30, 2025 | 2.64 |
| Jun 30, 2025 | 2.19 |
| Mar 31, 2025 | 2.58 |
| Dec 31, 2024 | 2.54 |
| Sep 30, 2024 | 2.52 |
| Jun 30, 2024 | 2.49 |
| Mar 31, 2024 | 2.68 |
| Dec 31, 2023 | 2.94 |
| Sep 30, 2023 | 2.68 |
| Jun 30, 2023 | 2.26 |
| Mar 31, 2023 | 2.96 |
| Dec 31, 2022 | 3.11 |
| Sep 30, 2022 | 2.02 |
| Jun 30, 2022 | 2.16 |
| Mar 31, 2022 | 3.41 |
| Dec 31, 2021 | 4.06 |
| Sep 30, 2021 | 4.14 |
Warner Music Price to Sales 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-sales&ticker=WMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=WMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();