Warner Music Group (WMG) — Capital Reinvestment Ratio
Warner Music Group (WMG) has a Capital Reinvestment Ratio of 0.20x as of March 2026, meaning it reinvests 0% of its operating cash flow ($134.00 Million) in capital expenditures ($27.00 Million). See net asset quality index of Warner Music Group to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Warner Music Group Capital Reinvestment Ratio (2003–2025)
This chart tracks Warner Music Group's Capital Reinvestment Ratio across 22 annual periods. Check total reinvestment intensity of Warner Music Group to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Warner Music Group (2003–2025)
Year-by-year Capital Reinvestment Ratio for Warner Music Group from 2003 to 2025. For live market cap and broader valuation context, see Warner Music Group (WMG) total market value.
| 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 | — |