Warner Music Group (WMG) — Cash Flow Quality Index
Warner Music Group (WMG) has a Cash Flow Quality Index of 0.74x as of March 2026. Operating cash flow of $134.00 Million is below net income of $181.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Warner Music Group (WMG) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Warner Music Group Cash Flow Quality Index (2006–2025)
Historical Cash Flow Quality Index for Warner Music Group across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check WMG cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Warner Music Group (2006–2025)
Year-by-year earnings quality comparison for Warner Music Group. For live market cap and the full company financial profile, see WMG stock market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.83x | $678.00 Million | $370.00 Million | ▲ +16.2% |
| 2024 | 1.58x | $754.00 Million | $478.00 Million | ▼ -1.3% |
| 2023 | 1.60x | $687.00 Million | $430.00 Million | ▲ +19.5% |
| 2022 | 1.34x | $742.00 Million | $555.00 Million | ▼ -35.7% |
| 2021 | 2.08x | $638.00 Million | $307.00 Million | ▲ +34.0% |
| 2019 | 1.55x | $400.00 Million | $258.00 Million | ▲ +13.8% |
| 2018 | 1.36x | $425.00 Million | $312.00 Million | ▼ -62.1% |
| 2017 | 3.59x | $535.00 Million | $149.00 Million | ▼ -68.5% |
| 2016 | 11.40x | $342.00 Million | $30.00 Million | ▲ +122.8% |
| 2006 | 5.12x | $307.00 Million | $60.00 Million | — |