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Warner Music Group Corp.WMG
USD
-0.17 (-0.64%)
Jun 13, 2025, 4:00 PM - At close
USD
-0.21 (-0.80%)
Jun 13, 2025, 7:39 PM EDT - Until the end
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Overview >
Market Cap
13.73B
Revenue (ttm)
6.33B
Net Income (ttm)
446.00M
Shares Out
521.27M
EPS (ttm)
0.86
PE Ratio
30.63
Forward PE
21.85
Dividend
$0.72 (2.73%)
Ex-Dividend Date
May 27, 2025
Volume
1,610,369
Open
26.28
Previous Close
26.51
Day's Range
26.26 - 26.83
52-Week Range
25.56 - 36.64
Beta
1.24
Analysts
Buy
Price Target
33.81 (+28.36%)
Earnings Date
Aug 6, 2025
Description >

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.

It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville.

This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services.

The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions.

Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel.

This segment also administers the music and soundtracks of various third-party television and film producers and studios.

The company was founded in 1929 and is headquartered in New York, New York.

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