Companies/US/WMG

WARNER MUSIC GROUP CORP.

Income flow

Annual
WMG 10-K Income StatementPeriod 2025-09-30Source 10-K
Recorded Music$5BMusic Publishing$1BRevenue$7B+4% Y/YGross profit$3B+0% Y/YCost of revenue$4BOperating profit$694M-16% Y/YOperating expenses$2BNet profit$365M-16% Y/YTax$120MSG&A$2BR&D & other$492M

As-filed revenue segments and annual P&L (gross, opex, tax, net). Layout inspired by SankeyArt finance diagrams.

Revenue mix

2025-09-30 · 10-K · USD
By activity
By activity$6.7B
  • Recorded Music$5.4B80.5%
  • Music Publishing$1.3B19.4%
By geography
By geography$10.5B
  • Non-US$3.8B36.4%
  • United States$2.9B27.3%
  • All Other Countries$2.5B23.3%
  • GB$857M8.1%
  • DE$515M4.9%

Capital & dividends

YieldTrailing twelve-month dividends as a percent of the current share price (income yield).2.77%5y avgAverage dividend yield over the past five years — a smoother view than the latest print.2.08%Trailing DPSCash dividends paid per share over the last twelve months (dividend per share, trailing).0.76PayoutShare of earnings paid out as dividends. Higher means more income returned; lower leaves more for reinvestment.60.8%Shares outTotal shares currently outstanding (issued and not retired).147.7MFloatShares available to trade — outstanding minus closely held (insiders, strategic holders).146.2M
Dividend calendar
Ex-dividend
2026-08-20
Pay date
2026-09-01
Last cash
0.2 · 2026-08-20

Valuation

Trailing PE 48.1 (2025-09-30)PE trend

Fiscal PE2

PeriodEPSClosePE
2025-09-300.6933.248.1
2024-09-300.8329.835.9

PE = stored close ÷ as-filed diluted EPS (annual 10-K / 20-F). Not a vendor PE series.