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Warner Music Group (WMG)
NASDAQ:WMG
US Market

Warner Music Group (WMG) Ratios

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Warner Music Group Ratios

WMG's free cash flow for Q4 2025 was $0.45. For the 2025 fiscal year, WMG's free cash flow was decreased by $ and operating cash flow was $0.08. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 25Dec 24Dec 23
Liquidity Ratios
Current Ratio
0.66 0.66 0.68 0.68 0.64
Quick Ratio
0.64 0.64 0.65 0.64 0.60
Cash Ratio
0.13 0.13 0.18 0.18 0.17
Solvency Ratio
0.11 0.08 0.09 0.09 0.12
Operating Cash Flow Ratio
0.16 0.16 0.19 0.19 0.22
Short-Term Operating Cash Flow Coverage
15.77 15.77 0.00 0.00 18.55
Net Current Asset Value
$ -6.30B$ -6.30B$ -5.84B$ -5.71B$ -5.52B
Leverage Ratios
Debt-to-Assets Ratio
0.02 0.02 0.47 0.50 0.51
Debt-to-Equity Ratio
0.38 0.38 8.28 13.88 26.40
Debt-to-Capital Ratio
0.27 0.27 0.89 0.93 0.96
Long-Term Debt-to-Capital Ratio
0.24 0.24 0.89 0.93 0.96
Financial Leverage Ratio
15.19 15.19 17.67 27.83 51.50
Debt Service Coverage Ratio
5.65 5.80 6.00 7.03 6.18
Interest Coverage Ratio
4.28 4.28 5.11 5.60 5.71
Debt to Market Cap
0.02 <0.01 0.25 0.12 0.16
Interest Debt Per Share
0.78 0.28 8.59 4.27 4.02
Net Debt to EBITDA
-0.28 -0.27 3.30 3.12 2.85
Profitability Margins
Gross Profit Margin
45.85%45.85%47.79%47.37%47.96%
EBIT Margin
9.63%10.35%11.86%13.73%14.61%
EBITDA Margin
15.24%15.95%16.95%19.23%20.34%
Operating Profit Margin
10.35%10.35%12.81%13.09%12.06%
Pretax Profit Margin
7.31%7.31%9.35%10.09%12.50%
Net Profit Margin
9.26%5.44%6.77%7.12%9.31%
Continuous Operations Profit Margin
9.33%5.44%7.44%7.27%9.38%
Net Income Per EBT
126.73%74.49%72.38%70.61%74.46%
EBT Per EBIT
70.61%70.61%73.03%77.09%103.64%
Return on Assets (ROA)
6.32%3.71%4.75%5.03%7.04%
Return on Equity (ROE)
105.79%56.41%83.98%140.07%362.50%
Return on Capital Employed (ROCE)
12.33%12.33%15.65%15.78%16.01%
Return on Invested Capital (ROIC)
15.63%15.23%12.34%11.28%11.80%
Return on Tangible Assets
12.31%7.24%9.41%10.62%15.64%
Earnings Yield
4.23%0.74%2.69%1.33%2.31%
Efficiency Ratios
Receivables Turnover
5.01 5.01 5.12 5.39 6.02
Payables Turnover
14.13 14.13 11.61 10.59 11.49
Inventory Turnover
58.58 58.58 33.89 25.21 28.52
Fixed Asset Turnover
10.65 10.65 9.10 8.59 9.23
Asset Turnover
0.68 0.68 0.70 0.71 0.76
Working Capital Turnover Ratio
-4.79 -5.00 -5.38 -5.10 -4.77
Cash Conversion Cycle
53.33 53.33 50.61 47.73 41.72
Days of Sales Outstanding
72.92 72.92 71.28 67.72 60.68
Days of Inventory Outstanding
6.23 6.23 10.77 14.48 12.80
Days of Payables Outstanding
25.83 25.83 31.44 34.47 31.76
Operating Cycle
79.15 79.15 82.06 82.19 73.48
Cash Flow Ratios
Operating Cash Flow Per Share
1.30 0.47 1.46 0.67 0.72
Free Cash Flow Per Share
0.88 0.37 1.23 0.43 0.40
CapEx Per Share
0.43 0.10 0.22 0.23 0.32
Free Cash Flow to Operating Cash Flow
0.67 0.79 0.85 0.65 0.56
Dividend Paid and CapEx Coverage Ratio
1.34 1.30 1.58 1.18 1.15
Capital Expenditure Coverage Ratio
3.05 4.88 6.50 2.85 2.28
Operating Cash Flow Coverage Ratio
2.79 2.79 0.18 0.16 0.18
Operating Cash Flow to Sales Ratio
0.10 0.10 0.12 0.11 0.13
Free Cash Flow Yield
3.10%1.09%3.94%1.38%1.74%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
23.65 135.43 37.24 75.32 43.36
Price-to-Sales (P/S) Ratio
2.19 7.37 2.52 5.36 4.04
Price-to-Book (P/B) Ratio
22.70 76.40 31.27 105.50 157.19
Price-to-Free Cash Flow (P/FCF) Ratio
32.28 91.71 25.39 72.62 57.43
Price-to-Operating Cash Flow Ratio
21.66 72.91 21.48 47.14 32.20
Price-to-Earnings Growth (PEG) Ratio
0.22 -8.54 -15.64 -3.39 0.54
Price-to-Fair Value
22.70 76.40 31.27 105.50 157.19
Enterprise Value Multiple
14.12 45.93 18.17 31.01 22.69
Enterprise Value
14.43B 49.14B 19.79B 36.01B 27.32B
EV to EBITDA
14.12 45.93 18.17 31.01 22.69
EV to Sales
2.15 7.33 3.08 5.96 4.62
EV to Free Cash Flow
31.65 91.17 31.02 80.73 65.68
EV to Operating Cash Flow
21.29 72.48 26.25 52.41 36.82
Tangible Book Value Per Share
-7.75 -2.78 -7.45 -3.94 -4.02
Shareholders’ Equity Per Share
1.24 0.45 1.00 0.30 0.15
Tax and Other Ratios
Effective Tax Rate
-0.28 -0.24 0.20 0.28 0.25
Revenue Per Share
12.90 4.62 12.42 5.85 5.75
Net Income Per Share
1.19 0.25 0.84 0.42 0.54
Tax Burden
1.27 0.74 0.72 0.71 0.74
Interest Burden
0.76 0.71 0.79 0.73 0.86
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.12 0.00 0.15 0.16 0.16
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.08 1.86 1.58 1.56 1.34
Currency in USD