Warner Music Group Capital Reinvestment Ratio
Warner Music Group capital reinvestment ratio. Warner Music Group (WMG) has a Capital Reinvestment Ratio of 0.20x as of June 2026, meaning it reinvests 0% of its operating cash flow ($142.00 Million) in capital expenditures ($28.00 Million). Check WMG cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Warner Music Group (2003–2025)
Capital reinvestment ratio of Warner Music Group from 2003 to 2025. This chart tracks Warner Music Group's Capital Reinvestment Ratio across 22 annual periods. Also explore net asset momentum of Warner Music Group to track the company's year-over-year net asset growth rate.
Warner Music Group Capital Reinvestment Ratio by Year (2003–2025)
Warner Music Group capital reinvestment ratio by year from 2003 to 2025. For the full cash flow conversion analysis, see WMG operating cash flow.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | $678.00 Million | $139.00 Million | ▲ +33.3% |
| 2024 | 0.15x | $754.00 Million | $116.00 Million | ▼ -56.1% |
| 2023 | 0.35x | $687.00 Million | $241.00 Million | ▼ -20.2% |
| 2022 | 0.44x | $742.00 Million | $326.00 Million | ▼ -51.2% |
| 2021 | 0.90x | $638.00 Million | $574.00 Million | ▲ +233.2% |
| 2020 | 0.27x | $463.00 Million | $125.00 Million | ▼ -25.5% |
| 2019 | 0.36x | $400.00 Million | $145.00 Million | ▲ +75.1% |
| 2018 | 0.21x | $425.00 Million | $88.00 Million | ▲ +84.6% |
| 2017 | 0.11x | $535.00 Million | $60.00 Million | ▼ -42.8% |
| 2016 | 0.20x | $342.00 Million | $67.00 Million | ▼ -44.9% |
| 2015 | 0.36x | $222.00 Million | $79.00 Million | ▼ -54.6% |
| 2014 | 0.78x | $130.00 Million | $102.00 Million | ▲ +75.7% |
| 2013 | 0.45x | $159.00 Million | $71.00 Million | ▲ +45.8% |
| 2012 | 0.31x | $209.00 Million | $64.00 Million | ▼ -47.2% |
| 2010 | 0.58x | $150.00 Million | $87.00 Million | ▲ +261.7% |
| 2009 | 0.16x | $237.00 Million | $38.00 Million | ▼ -14.5% |
| 2008 | 0.19x | $304.00 Million | $57.00 Million | ▲ +95.3% |
| 2007 | 0.10x | $302.00 Million | $29.00 Million | ▼ -1.7% |
| 2006 | 0.10x | $307.00 Million | $30.00 Million | ▼ -33.2% |
| 2005 | 0.15x | $205.00 Million | $30.00 Million | ▼ -16.1% |
| 2004 | 0.17x | $86.00 Million | $15.00 Million | ▼ -4.9% |
| 2003 | 0.18x | $278.00 Million | $51.00 Million | — |