WMG
Warner Music GroupNASDAQ
Communication Services • Entertainment
Factor tilt: Large-Cap Income
$31.30-1.94%
Close Nov 6, 2026
- Market cap
- $16.41B
- 1 month
- +8.3%
- 3 months
- +18.5%
- 1 year
- +5.0%
- 52-week range
- $23.65$34.72
- Dividend, last 12 mo
- $0.77 · 2.46% yield
- Last ex-date
- Aug 20, 2026 · $0.20
- Dividend growth
- 5+ years in a row
- Short interest
- 6.9% of float10.1M shares · settled Oct 15, 2026 · -0.4% since Sep 30, 2026 · FINRA
Fundamentals · trailing 12 months to Jun 30, 2026
- Revenue
- $7.3B
- Net income
- $672M
- Free cash flow
- $814M
- Book value
- $854M
- Total debt
- $4.92B
- P/E
- 24.4×
- Price / sales
- 2.2×
- Price / book
- 19.2×
- FCF yield
- +5.0%
- Net margin
- +9.2%
EODHD (TTM) · as of Nov 6, 2026
End-of-day close from stored market data, not a live quote.
About Warner Music Group
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.
Read more
The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it 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. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.
- Website
- wmg.com
- Headquarters
- New York, NY, United States
- Employees
- 5,500
- Listed
- Jun 3, 2020
- Fiscal year ends
- September
Company profile from EODHD, stored Oct 24, 2026.
Quarterly results
The last 8 fiscal quarters as reported (EODHD). Year over year compares the same quarter a year earlier.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Jun 2026filed Aug 5, 2026 | $1.9B | +10.4% | 45.8% | $305.0M | $204.0M |
| Mar 2026filed May 7, 2026 | $1.7B | +16.7% | 46.3% | $270.0M | $183.0M |
| Dec 2025filed Feb 9, 2026 | $1.8B | +10.4% | 46.4% | $327.0M | $176.0M |
| Sep 2025filed Nov 20, 2025 | $1.9B | +14.6% | 44.6% | $143.0M | $109.0M |
| Jun 2025filed Aug 7, 2025 | $1.7B | +8.7% | 45.9% | $169.0M | -$16.0M |
| Mar 2025filed May 8, 2025 | $1.5B | -0.7% | 46.7% | $168.0M | $36.0M |
| Dec 2024filed Feb 6, 2025 | $1.7B | -4.7% | 46.3% | $214.0M | $236.0M |
| Sep 2024filed Nov 21, 2024 | $1.6B | +2.8% | 47.6% | $143.0M | $41.0M |
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Sep 2025filed Nov 20, 2025 | $6.7B | +4.4% | 45.8% | $694.0M | $365.0M |
| Sep 2024filed Nov 21, 2024 | $6.4B | +6.4% | 47.8% | $823.0M | $435.0M |
| Sep 2023filed Nov 21, 2023 | $6.0B | +2.0% | 47.4% | $790.0M | $430.0M |
| Sep 2022filed Nov 22, 2022 | $5.9B | +11.7% | 48.0% | $714.0M | $551.0M |
| Sep 2021filed Nov 23, 2021 | $5.3B | +18.8% | 48.3% | $609.0M | $304.0M |
| Sep 2020filed Nov 23, 2020 | $4.5B | -0.3% | 47.7% | -$229.0M | -$475.0M |
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched WMG. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 15, 2026
10,128,090 shares short
-43,302 shares (-0.4%) vs Sep 30, 2026
6.9% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
10,171,392 shares short
+559,421 shares (+5.8%) vs Sep 15, 2026
7% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
9,611,971 shares short
-756,499 shares (-7.3%) vs Aug 31, 2026
6.6% of the stored float. Published Sep 24, 2026.
Settlement Aug 31, 2026
10,368,470 shares short
+646,197 shares (+6.6%) vs Aug 14, 2026
7.2% of the stored float. Published Sep 10, 2026.
Settlement Aug 14, 2026
9,722,273 shares short
+127,762 shares (+1.3%) vs Jul 31, 2026
6.7% of the stored float. Published Aug 25, 2026.
Settlement Jul 31, 2026
9,594,511 shares short
-1,473,797 shares (-13.3%) vs Jul 15, 2026
6.6% of the stored float. Published Aug 11, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind WMG’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
USD 0.2 per share
Ex-dividend date: Aug 20, 2026
Recorded pay date: Sep 1, 2026 (past date)
Cash dividend · Polygon event record
USD 0.19 per share
Ex-dividend date: May 26, 2026
Recorded pay date: Jun 2, 2026 (past date)
Cash dividend · Polygon event record
USD 0.19 per share
Ex-dividend date: Feb 18, 2026
Recorded pay date: Mar 3, 2026 (past date)
Cash dividend · Polygon event record
USD 0.19 per share
Ex-dividend date: Nov 19, 2025
Recorded pay date: Dec 2, 2025 (past date)
Cash dividend · Polygon event record
USD 0.19 per share
Ex-dividend date: Aug 20, 2025
Recorded pay date: Sep 3, 2025 (past date)
Cash dividend · Polygon event record
USD 0.18 per share
Ex-dividend date: May 27, 2025
Recorded pay date: Jun 3, 2025 (past date)
Cash dividend · Polygon event record
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
No qualified split events are stored. This does not establish that the stock has never split.
Up to six stored split dates through Nov 7, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
Sign in to see your position size
We’ll show you if WMG is in your portfolio and how much it contributes.
Sign inMarket context
Loading market dates
Smart money context
Holder IQ: MEDIUM
44 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Nov 3, 2026
Smart-money 13F trend: unchanged (light)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: unknown
No recent insider trades detected.
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
No directional recent-activity label is available. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 3
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
No directional recent-activity label is available. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
338 filers reported a long position in WMG for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
53.3%
of the 159.2M shares 13-F filers reported
Moves vs Q1 2026
3 added6 trimmed
1 not comparable
Net shares held
+0.6%
across the 9 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | Independent Franchise Partners LLP | $351.9M · 13M shares | 13M | -0.3% |
| 2 | Darsana Capital Partners LP | $323.3M · 11.9M shares | 11.9M | +0.8% |
| 3 | JPMORGAN CHASE & CO | $297.7M · 11.2M shares | 11.2M | -18.4% |
| 4 | BlackRock, Inc. | $276.4M · 10.2M shares | 10.2M | +5.7% |
| 5 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | $241.2M · 8.9M shares | 8.9M | — |
| 6 | DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP | $181.5M · 6.7M shares | 6.7M | -11.2% |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | $168.4M · 6.2M shares | 6.2M | -0.3% |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | $159.3M · 5.9M shares | 5.9M | -0.1% |
| 9 | FIL Ltd | $157.7M · 5.8M shares | 5.8M | -0.8% |
| 10 | GOLDMAN SACHS GROUP INC | $134.7M · 5M shares | 5M | +196.2% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of WMG file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| Nov 5, 2026 | JPMORGAN CHASE & CO13G · passive · amended | 3.4%under 5% |
| Aug 12, 2026 | BARROW HANLEY MEWHINNEY & STRAUSS LLC13G · passive | 6.1% |
| May 15, 2026 | Darsana Capital Partners LP13G · passive · amended | 8.1% |
| Apr 1, 2026 | DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP13G · passive | 5.1% |
| Mar 27, 2026 | VANGUARD GROUP INC13G · passive · amended | 0%under 5% |
Get the Full Analysis for WMG
Unlock detailed insider transactions, institutional holder changes, factor exposures, and personalized alerts. Start free with your own portfolio.