WMG RSI Chart
Last 7 days
-1.1%
Last 30 days
-8.3%
Last 90 days
-7.7%
Trailing 12 Months
10.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 5.8B | 5.9B | 6.0B | 6.3B |
2022 | 5.7B | 5.8B | 5.9B | 5.8B |
2021 | 4.7B | 5.1B | 5.3B | 5.6B |
2020 | 4.5B | 4.5B | 4.5B | 4.5B |
2019 | 4.3B | 4.4B | 4.5B | 4.5B |
2018 | 3.8B | 3.9B | 4.0B | 4.2B |
2017 | 3.4B | 3.5B | 3.6B | 3.7B |
2016 | 3.1B | 3.2B | 3.2B | 3.3B |
2015 | 3.1B | 3.0B | 3.0B | 3.0B |
2014 | 2.9B | 3.0B | 3.0B | 3.0B |
2013 | 2.8B | 2.8B | 2.9B | 2.9B |
2012 | 2.7B | 2.6B | 2.8B | 2.8B |
2011 | 0 | 2.9B | 2.9B | 2.7B |
2010 | 0 | 0 | 3.0B | 0 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 05, 2024 | dubuc nancy | acquired | 175,001 | 35.62 | 4,913 | - |
Mar 05, 2024 | kurzman cecelia | acquired | 175,001 | 35.62 | 4,913 | - |
Mar 05, 2024 | lynton michael | acquired | 255,004 | 35.62 | 7,159 | - |
Mar 05, 2024 | hertz noreena | acquired | 175,001 | 35.62 | 4,913 | - |
Mar 05, 2024 | hertz noreena | sold (taxes) | -59,271 | 35.62 | -1,664 | - |
Mar 05, 2024 | kreiz ynon | acquired | 175,001 | 35.62 | 4,913 | - |
Mar 05, 2024 | dopfner mathias | sold (taxes) | -59,271 | 35.62 | -1,664 | - |
Mar 05, 2024 | dopfner mathias | acquired | 175,001 | 35.62 | 4,913 | - |
Feb 28, 2024 | wagner donald | sold | - | - | -251,817 | - |
Feb 28, 2024 | wagner donald | acquired | - | - | 251,817 | - |
Which funds bought or sold WMG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 627 | 109,681 | 124,735 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | unchanged | - | 2,126,080 | 17,333,100 | 0.06% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 6.23 | 72,734,500 | 417,657,000 | 0.01% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 49.36 | 19,081,400 | 46,244,800 | -% |
Feb 29, 2024 | Tortoise Investment Management, LLC | sold off | -100 | -4,082 | - | -% |
Feb 21, 2024 | Raleigh Capital Management Inc. | unchanged | - | 45.00 | 363 | -% |
Feb 20, 2024 | Quarry LP | new | - | 20,866 | 20,866 | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 0.4 | 2,311,000 | 18,323,000 | -% |
Feb 15, 2024 | BARCLAYS PLC | reduced | -83.25 | -1,399,000 | 331,000 | -% |
Feb 15, 2024 | JANE STREET GROUP, LLC | new | - | 913,611 | 913,611 | -% |
Unveiling Warner Music Group Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Warner Music Group Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 10.2% | 1,748 | 1,586 | 1,564 | 1,399 | 1,488 | 1,497 | 1,432 | 1,376 | 1,614 | 1,376 | 1,340 | 1,250 | 1,335 | 1,126 | 1,010 | 1,071 | 1,256 | 1,124 | 1,058 | 1,090 | 1,203 |
Costs and Expenses | 2.7% | 1,411 | 1,374 | 1,375 | 1,275 | 1,264 | 1,334 | 1,286 | 1,210 | 1,375 | 1,276 | 1,178 | 1,099 | 1,139 | 1,038 | 1,443 | 1,120 | 1,091 | 1,095 | 1,000 | 968 | 1,056 |
S&GA Expenses | 0.6% | 476 | 473 | 461 | 452 | 440 | 470 | 451 | 444 | 497 | 465 | 437 | 418 | 401 | 383 | 869 | 538 | 379 | 408 | 372 | 354 | 376 |
EBITDA Margin | 9.5% | 0.11* | 0.10* | 0.18* | 0.18* | 0.19* | 0.21* | 0.18* | 0.18* | 0.19* | 0.17* | 0.16* | 0.05* | 0.00* | -0.01* | -0.02* | 0.08* | 0.13* | 0.12* | 0.11* | 0.21* | 0.19* |
Income Taxes | 24.1% | 72.00 | 58.00 | 43.00 | 21.00 | 48.00 | 37.00 | 39.00 | 34.00 | 75.00 | 22.00 | 41.00 | 51.00 | 35.00 | -21.00 | 51.00 | -12.00 | 5.00 | -77.00 | -12.00 | 48.00 | 50.00 |
Earnings Before Taxes | 25.0% | 265 | 212 | 167 | 58.00 | 172 | 187 | 164 | 126 | 263 | 52.00 | 102 | 168 | 134 | -20.00 | -468 | -86.00 | 127 | 14.00 | 2.00 | 115 | 136 |
EBT Margin | 10.5% | 0.11* | 0.10* | 0.10* | 0.10* | 0.11* | 0.13* | 0.10* | 0.10* | 0.10* | 0.09* | 0.08* | -0.04* | -0.10* | -0.10* | -0.09* | 0.01* | 0.06* | 0.06* | 0.05* | 0.14* | 0.13* |
Net Income | 4.6% | 159 | 152 | 122 | 34.00 | 122 | 148 | 124 | 92.00 | 187 | 28.00 | 61.00 | 117 | 98.00 | -1.00 | -520 | -74.00 | 120 | 90.00 | 13.00 | 67.00 | 86.00 |
Net Income Margin | 4.1% | 0.07* | 0.07* | 0.07* | 0.07* | 0.08* | 0.09* | 0.07* | 0.06* | 0.07* | 0.06* | 0.05* | -0.06* | -0.11* | -0.11* | -0.09* | 0.03* | 0.06* | 0.06* | 0.03* | 0.11* | 0.09* |
Free Cashflow | - | 264 | - | 113 | -41.00 | 188 | 371 | 128 | 16.00 | 95.00 | 208 | 71.00 | 130 | 151 | 156 | 103 | 73.00 | 63.00 | 129 | 127 | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 5.2% | 8,991 | 8,545 | 8,150 | 8,010 | 8,129 | 7,828 | 7,699 | 7,781 | 8,015 | 7,211 | 7,040 | 6,830 | 6,943 | 6,410 | 6,148 | 6,124 | 6,314 | 6,017 | 5,955 | 5,902 | 5,946 |
Current Assets | 8.9% | 2,616 | 2,402 | 2,317 | 2,212 | 2,340 | 2,139 | 1,901 | 1,912 | 2,021 | 1,896 | 1,734 | 1,756 | 1,828 | 1,678 | 1,582 | 1,583 | 1,656 | 1,691 | 1,580 | 1,524 | 1,592 |
Cash Equivalents | 17.6% | 754 | 641 | 600 | 601 | 720 | 584 | 345 | 385 | 450 | 499 | 442 | 588 | 566 | 553 | 532 | 484 | 462 | 619 | 541 | 470 | 548 |
Inventory | -15.9% | 106 | 126 | 116 | 114 | 102 | 108 | 93.00 | 94.00 | 84.00 | 99.00 | 79.00 | 79.00 | 71.00 | 79.00 | 59.00 | 65.00 | 65.00 | 74.00 | 67.00 | 65.00 | 66.00 |
Net PPE | 1.7% | 466 | 458 | 454 | 440 | 430 | 415 | 403 | 386 | 378 | 364 | 347 | 339 | 334 | 331 | 310 | 294 | 295 | 300 | 296 | 295 | 268 |
Goodwill | 1.1% | 2,015 | 1,993 | 1,962 | 1,960 | 1,951 | 1,920 | 1,932 | 1,922 | 138 | 1,830 | 1,836 | 1,842 | 1,851 | 1,831 | 1,770 | 1,761 | 1,768 | 1,761 | 1,772 | 1,787 | 1,793 |
Liabilities | 3.2% | 8,375 | 8,115 | 7,851 | 7,744 | 7,847 | 7,660 | 7,527 | 7,608 | 7,843 | 7,165 | 6,945 | 6,757 | 6,910 | 6,455 | 6,169 | 6,409 | 6,483 | 6,286 | 6,088 | 6,022 | 6,085 |
Current Liabilities | 5.8% | 3,745 | 3,539 | 3,290 | 3,187 | 3,341 | 3,368 | 3,123 | 3,131 | 3,357 | 3,150 | 2,902 | 2,784 | 2,890 | 2,720 | 2,525 | 2,732 | 2,799 | 2,819 | 2,544 | 2,518 | 2,593 |
Long Term Debt | 1.0% | 4,004 | 3,964 | 3,988 | 3,986 | 3,946 | 3,732 | 3,785 | 3,829 | 3,846 | 3,346 | 3,367 | 3,354 | 3,387 | 3,104 | 3,000 | 2,983 | 2,988 | 2,974 | 3,006 | 2,990 | 2,998 |
LT Debt, Non Current | 1.0% | 4,004 | 3,964 | 3,988 | 3,986 | 3,946 | 3,732 | 3,785 | 3,829 | 3,846 | 3,346 | 3,367 | 3,354 | 3,387 | 3,104 | 3,000 | 2,983 | 2,988 | 2,974 | 3,006 | 2,990 | 2,998 |
Shareholder's Equity | 50.8% | 463 | 307 | 281 | 266 | 282 | 168 | 172 | 173 | 172 | 46.00 | 95.00 | 73.00 | 33.00 | - | - | - | - | - | - | - | - |
Retained Earnings | 5.0% | -1,317 | -1,387 | -1,450 | -1,488 | -1,439 | -1,477 | -1,542 | -1,587 | -1,601 | -1,710 | -1,660 | -1,659 | -1,713 | -1,749 | -1,685 | -1,166 | -1,088 | -1,177 | -1,061 | -1,043 | -1,078 |
Additional Paid-In Capital | 1.2% | 2,039 | 2,015 | 2,007 | 2,000 | 1,984 | 1,975 | 1,975 | 1,971 | 1,973 | 1,942 | 1,934 | 1,924 | 1,913 | 1,907 | 1,899 | 1,127 | 1,128 | 1,127 | 1,128 | 1,128 | 1,128 |
Accumulated Depreciation | 5.4% | 551 | 523 | 523 | 503 | 489 | 461 | 462 | 452 | 435 | 419 | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 502 | - | 502 | - | 502 | - |
Minority Interest | 24.4% | 153 | 123 | 18.00 | 14.00 | 12.00 | 16.00 | 16.00 | 19.00 | 19.00 | 15.00 | 14.00 | 16.00 | 17.00 | 18.00 | 17.00 | 21.00 | 21.00 | 20.00 | 19.00 | 20.00 | 23.00 |
Float | - | - | - | - | 4,400 | - | - | - | 5,500 | - | - | - | 3,400 | - | 2,400 | - | - | - | - | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -13.3% | 293 | 338 | 146 | -6.00 | 209 | 406 | 163 | 44.00 | 129 | 228 | 91.00 | 150 | 169 | 176 | 123 | 86.00 | 78.00 | 151 | 150 | 7.00 | 92.00 |
Share Based Compensation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.00 | 440 | 167 | -7.00 | 22.00 | 14.00 | 2.00 | 12.00 |
Cashflow From Investing | 53.1% | -92.00 | -196 | -53.00 | -41.00 | -10.00 | -61.00 | -114 | -25.00 | -624 | -72.00 | -162 | -61.00 | -343 | -132 | -36.00 | -19.00 | -32.00 | -36.00 | -47.00 | -55.00 | -238 |
Cashflow From Financing | -1.1% | -93.00 | -92.00 | -90.00 | -73.00 | -70.00 | -92.00 | -83.00 | -85.00 | 448 | -96.00 | -79.00 | -64.00 | 178 | -28.00 | -43.00 | -38.00 | -207 | -31.00 | -32.00 | -31.00 | 182 |
Dividend Payments | 0% | 89.00 | 89.00 | 84.00 | 83.00 | 84.00 | 83.00 | 79.00 | 78.00 | 78.00 | 78.00 | 62.00 | 63.00 | 62.00 | 63.00 | 37.00 | 38.00 | 206 | 31.00 | 32.00 | 31.00 | - |
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | |||
Revenue | $ 1,748 | $ 1,488 | ||
Costs and expenses: | ||||
Cost of revenue | (880) | (761) | ||
Selling, general and administrative expenses | [1] | (476) | (440) | |
Amortization expense | (55) | (63) | ||
Total costs and expenses | (1,411) | (1,264) | ||
Net loss (gain) on divestitures | 17 | 41 | ||
Operating income | 354 | 265 | ||
Interest expense, net | (39) | (32) | ||
Other expense | (50) | (61) | ||
Income before income taxes | 265 | 172 | ||
Income tax expense | (72) | (48) | ||
Net income | 193 | 124 | ||
Less: Income attributable to noncontrolling interest | (34) | (2) | ||
Net income attributable to Warner Music Group Corp. | 159 | 122 | ||
Class A Common Stock | ||||
Costs and expenses: | ||||
Net income attributable to Warner Music Group Corp. | $ 44 | $ 34 | ||
Net income per share attributable to common stockholders: | ||||
Basic (in dollars per share) | $ 0.30 | $ 0.23 | ||
Diluted (in dollars per share) | $ 0.30 | $ 0.23 | ||
Weighted average common shares: | ||||
Basic (in shares) | 138,972,000 | 137,424,000 | ||
Diluted (in shares) | 138,972,000 | 137,424,000 | ||
Class B Common Stock | ||||
Costs and expenses: | ||||
Net income attributable to Warner Music Group Corp. | $ 115 | $ 88 | ||
Net income per share attributable to common stockholders: | ||||
Basic (in dollars per share) | $ 0.30 | $ 0.23 | ||
Diluted (in dollars per share) | $ 0.30 | $ 0.23 | ||
Weighted average common shares: | ||||
Basic (in shares) | 377,490,000 | 377,650,000 | ||
Diluted (in shares) | 377,490,000 | 377,650,000 | ||
|
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Dec. 31, 2023 | Sep. 30, 2023 |
---|---|---|
Current assets: | ||
Cash and equivalents | $ 754 | $ 641 |
Accounts receivable, net of allowances of $19 million and $19 million | 1,195 | 1,120 |
Inventories | 106 | 126 |
Royalty advances expected to be recouped within one year | 453 | 413 |
Prepaid and other current assets | 108 | 102 |
Total current assets | 2,616 | 2,402 |
Royalty advances expected to be recouped after one year | 755 | 688 |
Property, plant and equipment, net of accumulated depreciation of $551 million and $523 million | 466 | 458 |
Operating lease right-of-use assets, net | 242 | 245 |
Goodwill | 2,015 | 1,993 |
Intangible assets subject to amortization, net | 2,390 | 2,353 |
Intangible assets not subject to amortization | 151 | 149 |
Deferred tax assets, net | 31 | 32 |
Other assets | 325 | 225 |
Total assets | 8,991 | 8,545 |
Current liabilities: | ||
Accounts payable | 246 | 300 |
Accrued royalties | 2,460 | 2,219 |
Accrued liabilities | 538 | 533 |
Accrued interest | 29 | 18 |
Operating lease liabilities, current | 43 | 41 |
Deferred revenue | 305 | 371 |
Other current liabilities | 124 | 57 |
Total current liabilities | 3,745 | 3,539 |
Long-term debt | 4,004 | 3,964 |
Operating lease liabilities, noncurrent | 249 | 255 |
Deferred tax liabilities, net | 223 | 216 |
Other noncurrent liabilities | 154 | 141 |
Total liabilities | 8,375 | 8,115 |
Equity: | ||
Additional paid-in capital | 2,039 | 2,015 |
Accumulated deficit | (1,317) | (1,387) |
Accumulated other comprehensive loss, net | (260) | (322) |
Total Warner Music Group Corp. equity | 463 | 307 |
Noncontrolling interest | 153 | 123 |
Total equity | 616 | 430 |
Total liabilities and equity | 8,991 | 8,545 |
Class A Common Stock | ||
Equity: | ||
Common stock | 0 | 0 |
Class B Common Stock | ||
Equity: | ||
Common stock | $ 1 | $ 1 |
Mr. Guy Moot | |
www.wmg.com | |
6200 |