Warner Music Group Corp. financial data

Symbol
WMG on Nasdaq
Industry
Services-Amusement & Recreation Services
Location
1633 Broadway, New York, New York
State of incorporation
Delaware
Fiscal year end
September 30
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 69.4 % +5.11%
Quick Ratio 3.15 % -1.56%
Debt-to-equity 2.19 K % -41%
Return On Equity 110 % -43.1%
Return On Assets 6.15 % +13.7%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 4.4 B USD -20%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.39 B USD +9.9%
Costs and Expenses 5.55 B USD +7.56%
Operating Income (Loss) 874 M USD +25.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 758 M USD +30.5%
Income Tax Expense (Benefit) 191 M USD +31.7%
Net Income (Loss) Attributable to Parent 529 M USD +23.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 587 M USD -2.33%
Accounts Receivable, after Allowance for Credit Loss, Current 1.2 B USD +17.7%
Inventory, Net 97 M USD -14.9%
Assets, Current 2.45 B USD +10.8%
Deferred Income Tax Assets, Net 30 M USD +7.14%
Property, Plant and Equipment, Net 462 M USD +5%
Operating Lease, Right-of-Use Asset 233 M USD 0%
Intangible Assets, Net (Excluding Goodwill) 2.47 B USD +3.61%
Goodwill 2.01 B USD +2.4%
Other Assets, Noncurrent 322 M USD +62.6%
Assets 8.73 B USD +9%
Accounts Payable, Current 306 M USD +8.51%
Accrued Liabilities, Current 465 M USD +13.1%
Contract with Customer, Liability, Current 234 M USD -24.8%
Liabilities, Current 3.53 B USD +10.9%
Deferred Income Tax Liabilities, Net 236 M USD +7.27%
Operating Lease, Liability, Noncurrent 239 M USD -3.24%
Other Liabilities, Noncurrent 154 M USD +48.1%
Liabilities 8.15 B USD +5.19%
Accumulated Other Comprehensive Income (Loss), Net of Tax -301 M USD -15.3%
Retained Earnings (Accumulated Deficit) -1.31 B USD +12%
Stockholders' Equity Attributable to Parent 433 M USD +71.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 585 M USD +120%
Liabilities and Equity 8.73 B USD +9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 293 M USD +40.2%
Net Cash Provided by (Used in) Financing Activities -93 M USD -32.9%
Net Cash Provided by (Used in) Investing Activities -92 M USD -820%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 113 M USD -16.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 587 M USD -2.33%
Interest Paid, Excluding Capitalized Interest, Operating Activities 172 M USD +22.9%
Deferred Tax Assets, Valuation Allowance 25 M USD -13.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 315 M USD +2.61%
Operating Lease, Liability 296 M USD +5.34%
Depreciation 96 M USD +23.1%
Payments to Acquire Property, Plant, and Equipment 29 M USD +38.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 489 M USD +22.9%
Lessee, Operating Lease, Liability, to be Paid 362 M USD +9.7%
Property, Plant and Equipment, Gross 981 M USD +12%
Operating Lease, Liability, Current 43 M USD +4.88%
Lessee, Operating Lease, Liability, to be Paid, Year Two 55 M USD +5.77%
Lessee, Operating Lease, Liability, to be Paid, Year One 56 M USD +7.69%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +21.1%
Deferred Income Tax Expense (Benefit) 5 M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 66 M USD +34.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 49 M USD 0%
Deferred Federal Income Tax Expense (Benefit) -5 M USD -111%
Unrecognized Tax Benefits 13 M USD +62.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 49 M USD +14%
Operating Lease, Payments 56 M USD -3.45%
Current State and Local Tax Expense (Benefit) 19 M USD -9.52%
Current Federal Tax Expense (Benefit) 36 M USD +56.5%
Amortization of Intangible Assets 233 M USD -9.69%
Depreciation, Depletion and Amortization 81 M USD -3.57%
Deferred Tax Assets, Net of Valuation Allowance 290 M USD +4.32%
Share-based Payment Arrangement, Expense 49 M USD +25.6%
Deferred State and Local Income Tax Expense (Benefit) -5 M USD -400%