Warner Music Group Corp.
NASDAQ Global SelectTotal Valuation
Warner Music Group Corp. carries a market capitalization of 15.02B, placing it among publicly traded companies globally. Its enterprise value stands at 18.69B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 15.02B |
| Enterprise Value | 18.69B |
Share Statistics
Warner Music Group Corp. currently has 523.11M shares outstanding.
| Shares Outstanding | 523.11M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Warner Music Group Corp. trades at a trailing price-to-earnings ratio of 21.12. The price-to-sales ratio is 1.94, and the price-to-book ratio stands at 16.58.
| PE Ratio | 21.12 |
| PS Ratio | 1.94 |
| PB Ratio | 16.58 |
| P/TBV Ratio | -3.13 |
| P/FCF Ratio | 9.68 |
| P/OCF Ratio | 15.12 |
Enterprise Valuation
On an enterprise value basis, Warner Music Group Corp. trades at an EV/EBITDA multiple of 11.73 and an EV/FCF ratio of 11.52. The EV/Sales ratio of 2.56 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 15.88 provides insight into valuation relative to core operating earnings.
| EV / Sales | 2.56 |
| EV / EBITDA | 11.73 |
| EV / EBIT | 15.88 |
| EV / FCF | 11.52 |
Financial Position
Warner Music Group Corp. maintains a current ratio of 0.73, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 452.95, indicating elevated leverage, while an interest coverage ratio of 8.96 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 0.73 |
| Quick Ratio | 0.50 |
| Debt / Equity | 452.95 |
| Debt / EBITDA | 3.09 |
| Interest Coverage | 8.96 |
Financial Efficiency
Warner Music Group Corp. posts a return on equity of 93.14 and a return on invested capital of 15.75.
| Return on Equity (ROE) | 93.14 |
| Return on Assets (ROA) | 6.55 |
| Return on Invested Capital (ROIC) | 15.75 |
| Return on Capital Employed (ROCE) | 14.25 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 46.60 |
Taxes
Over the trailing twelve months, Warner Music Group Corp. has paid 208.00M in income taxes, reflecting an effective tax rate of 23.83.
| Income Tax | 208.00M |
| Effective Tax Rate | 23.83 |
Stock Price Statistics
Warner Music Group Corp.'s stock has declined approximately -11.96084% over the past 52 weeks. The 50-day moving average sits at 27.41, while the 200-day moving average is 28.66.
| Beta (5Y) | N/A |
| 52-Week Price Change | -11.96084% |
| 50-Day Moving Average | 27.41 |
| 200-Day Moving Average | 28.66 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Warner Music Group Corp. generated 7.30B in revenue and converted that into 672.00M in net income, yielding earnings per share of 1.25. EBITDA reached 1.59B, while operating income came in at 1.18B.
| Revenue | 7.30B |
| Gross Profit | 3.34B |
| Operating Income | 1.18B |
| Pretax Income | 873.00M |
| Net Income | 672.00M |
| EBITDA | 1.59B |
| EBIT | 1.18B |
| Earnings Per Share (EPS) | 1.25 |
Balance Sheet
Warner Music Group Corp. holds 618.00M in cash and equivalents against 4.92B in total debt, resulting in a net debt position of 4.09B. Total book value stands at 854.00M, with working capital of -1.18B providing operational flexibility.
| Cash & Cash Equivalents | 618.00M |
| Total Debt | 4.92B |
| Net Debt | 4.09B |
| Equity (Book Value) | 854.00M |
| Book Value Per Share | 1.63 |
| Working Capital | -1.18B |
Cash Flow
Warner Music Group Corp. produced 939.00M in operating cash flow over the past twelve months. After subtracting -548.00M in capital expenditures, free cash flow totaled 391.00M - equivalent to 0.75 per share.
| Operating Cash Flow | 939.00M |
| Capital Expenditures | -548.00M |
| Free Cash Flow | 391.00M |
| FCF Per Share | 0.75 |
Margins
Warner Music Group Corp. operates with a gross margin of 45.77, reflecting its pricing power and cost economics. The operating margin of 16.11 and net profit margin of 9.20 provide insight into operational efficiency.
| Gross Margin | 45.77 |
| Operating Margin | 16.11 |
| Pretax Margin | 11.95 |
| Profit Margin | 9.20 |
| EBITDA Margin | 21.82 |
Dividends & Yields
The company's payout ratio of 60.79 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.76 |
| Dividend Yield | N/A |
| Payout Ratio | 60.79 |
| Shareholder Yield | 0.66 |
| FCF Yield | 10.33 |
Scores
Warner Music Group Corp. posts an Altman Z-Score of 2.43, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 2.43 |