Warner Music Group Corp
General ticker "WMG" information:
- Sector: Communication Services
- Industry: Entertainment
- Capitalization: $16.5B
Warner Music Group Corp does not follow the US Stock Market performance with the rate: -13.1%.
Estimated limits based on current volatility of 1.6%: low 30.57$, high 31.56$
Factors to consider:
- Company pays dividends: last record date 2024-11-19, amount 0.18$ (Y2.32%)
- US accounted for 45.8% of revenue in the fiscal year ended 2023-09-30
- Price in estimated range
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-09-30 to 2026-09-30
- 2024-09-30 to 2025-09-30 estimated range: [22.74$, 35.12$]
- 2025-09-30 to 2026-09-30 estimated range: [21.98$, 34.42$]
Financial Metrics affecting the WMG estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.91
- Negative: Industry operating cash flow per share per price (median), % of 1.95 <= 3.85
- Positive: Industry inventory ratio change (median), % of -3.80 <= -0.39
- Negative: Operating cash flow per share per price, % of 1.83 <= 2.35
- Positive: 9.05 < Operating profit margin, % of 12.81
- Negative: Industry earnings per price (median), % of 2.20 <= 4.38
Short-term WMG quotes
Long-term WMG plot with estimates
Financial data
| YTD | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating Revenue | $5,919.00MM | $6,078.00MM | $6,426.00MM |
| Operating Expenses | $5,205.00MM | $5,288.00MM | $5,603.00MM |
| Operating Income | $714.00MM | $790.00MM | $823.00MM |
| Non-Operating Income | $26.00MM | $-181.00MM | $-222.00MM |
| Interest Expense | $125.00MM | $141.00MM | $161.00MM |
| Income(Loss) | $740.00MM | $609.00MM | $601.00MM |
| Taxes | $185.00MM | $170.00MM | $123.00MM |
| Profit(Loss) | $555.00MM | $439.00MM | $478.00MM |
| Stockholders Equity | $152.00MM | $307.00MM | $518.00MM |
| Inventory | $108.00MM | $126.00MM | $99.00MM |
| Assets | $7,828.00MM | $8,545.00MM | $9,155.00MM |
| Operating Cash Flow | $742.00MM | $687.00MM | $754.00MM |
| Capital expenditure | $326.00MM | $241.00MM | $116.00MM |
| Investing Cash Flow | $-824.00MM | $-300.00MM | $-311.00MM |
| Financing Cash Flow | $188.00MM | $-325.00MM | $-396.00MM |
| Earnings Per Share* | $1.06 | $0.82 | $0.83 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.