Warner Music Group Corp.
WMGNasdaqConsumer Discretionary · Services-Amusement & Recreation Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $6.71B | $6.43B | $6.04B | $5.92B | $5.30B | $4.46B |
| Operating income | $694.0M | $823.0M | $790.0M | $714.0M | $609.0M | −$229.0M |
| Net income | $365.0M | $435.0M | $430.0M | $551.0M | $304.0M | −$475.0M |
| Total assets | $9.83B | $9.15B | $8.54B | $7.83B | $7.21B | $6.41B |
| Total liabilities | $9.07B | $8.48B | $8.12B | $7.66B | $7.17B | $6.46B |
| Equity | $647.0M | $518.0M | $307.0M | $152.0M | $31.0M | −$63.0M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | — | — | — | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 10.3%
- Net margin
- 5.4%
- Return on equity
- 56.4%
- Return on assets
- 3.7%
- Return on capital (ROCE)
- 12.3%
- Liabilities / assets
- 92.3%
- Debt / equity
- 14.02×
- Book value / share
- —
- Revenue growth (YoY)
- 4.4%
- Net income growth (YoY)
- −16.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -0.85distress
- Accruals / assets
- −3.2%clean
- Beneish M-Score
- -2.54normal
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 1 warning● 5 good- Altman Z″ in the distress zone
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Darsana Capital Partners LpPassive (13G)May 15, 2026
- Barrow Hanley Mewhinney & Strauss LlcPassive (13G)May 13, 2026
- Jpmorgan Chase & CoPassive (13G)May 12, 2026
- Darlington Partners Capital Management, LpPassive (13G)Apr 1, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Mawer Investment Management Ltd.Passive (13G)Nov 12, 2025
- Independent Franchise Partners LlpPassive (13G)May 14, 2025
- Capital World InvestorsPassive (13G)May 13, 2025
- Access Industries Holdings LlcPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Zerza ArminOfficer — COO & CFO | May 21, 2026 | Gift | 27,521 | $0.00 |
| Zerza ArminOfficer — COO & CFO | May 12, 2026 | Grant | 209,132 | $0.00 |
| Hertz NoreenaDirector | Mar 4, 2026 | Grant | 6,186 | $0.00 |
| Dopfner MathiasDirector | Mar 4, 2026 | Grant | 6,186 | $0.00 |
| Lynton MichaelDirector | Mar 4, 2026 | Grant | 9,014 | $0.00 |
| Dubuc NancyDirector | Mar 4, 2026 | Grant | 6,186 | $0.00 |
| Kreiz YnonDirector | Mar 4, 2026 | Grant | 6,186 | $0.00 |
| Kurzman CeceliaDirector | Mar 4, 2026 | Grant | 6,186 | $0.00 |
| Karp Hannah JasmineOfficer — EVP, Chief Comm. Officer | Feb 12, 2026 | Grant | 19,225 | $0.00 |
| Steven JamesOfficer — EVP, Chief Comm. Officer | Jan 5, 2025 | Tax withholding | 6,441 | $30.74 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 8.9M | 2.7 | -10.9% |
| Apr 30, 2026 | 9.9M | 5.5 | +9.7% |
| Apr 15, 2026 | 9.1M | 4.9 | -1.1% |
| Mar 31, 2026 | 9.2M | 3.5 | +3.5% |
| Mar 13, 2026 | 8.9M | 4.7 | +5.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 7, 2026
- Entered a material agreement · New financial obligationMar 11, 2026
- Shareholder voteMar 6, 2026
- Regulation FD disclosureMar 3, 2026
- Results of operationsFeb 5, 2026
- Entered a material agreementFeb 5, 2026
- Director / officer changeDec 1, 2025
- Results of operationsNov 20, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4May 26, 2026
- 4May 18, 2026
- SCHEDULE 13G/AMay 15, 2026
- SCHEDULE 13GMay 13, 2026
- SCHEDULE 13G/AMay 12, 2026
- 10-QMay 7, 2026
- 8-KMay 7, 2026
- SCHEDULE 13G/AMay 4, 2026
- 4Apr 20, 2026
- 4Apr 20, 2026
- SCHEDULE 13GApr 1, 2026
- SCHEDULE 13G/AMar 27, 2026
- 8-KMar 11, 2026
- 4Mar 6, 2026
- 4Mar 6, 2026
Event-driven situations (1)
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