Warner Music Group (WMG) — Cash Flow Reinvestment Rate
Warner Music Group (WMG) has a Cash Flow Reinvestment Rate of 0.20x as of March 2026, reinvesting $27.00 Million (capex $27.00 Million ) from operating cash flow of $134.00 Million. Check WMG cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Warner Music Group Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Warner Music Group across 22 annual periods. Explore Warner Music Group (WMG) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Cash Flow Reinvestment Rate for Warner Music Group (2003–2025)
Year-by-year capital reinvestment analysis for Warner Music Group. For live market cap and broader valuation context, see market value of Warner Music Group.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.71x | $479.00 Million | $678.00 Million | $139.00 Million | ▲ +24.8% |
| 2024 | 0.57x | $427.00 Million | $754.00 Million | $116.00 Million | ▼ -28.1% |
| 2023 | 0.79x | $541.00 Million | $687.00 Million | $241.00 Million | ▼ -29.1% |
| 2022 | 1.11x | $824.00 Million | $742.00 Million | $326.00 Million | ▲ +11.1% |
| 2021 | 1.00x | $638.00 Million | $638.00 Million | $574.00 Million | ▲ +34.6% |
| 2020 | 0.74x | $344.00 Million | $463.00 Million | $125.00 Million | ▼ -43.0% |
| 2019 | 1.30x | $521.00 Million | $400.00 Million | $145.00 Million | ▲ +12.3% |
| 2018 | 1.16x | $493.00 Million | $425.00 Million | $88.00 Million | ▲ +233.7% |
| 2017 | 0.35x | $186.00 Million | $535.00 Million | $60.00 Million | ▲ +58.5% |
| 2016 | 0.22x | $75.00 Million | $342.00 Million | $67.00 Million | ▼ -38.4% |
| 2015 | 0.36x | $79.00 Million | $222.00 Million | $79.00 Million | ▼ -54.6% |
| 2014 | 0.78x | $102.00 Million | $130.00 Million | $102.00 Million | ▲ +75.7% |
| 2013 | 0.45x | $71.00 Million | $159.00 Million | $71.00 Million | ▲ +45.8% |
| 2012 | 0.31x | $64.00 Million | $209.00 Million | $64.00 Million | ▼ -47.2% |
| 2010 | 0.58x | $87.00 Million | $150.00 Million | $87.00 Million | ▲ +261.7% |
| 2009 | 0.16x | $38.00 Million | $237.00 Million | $38.00 Million | ▼ -14.5% |
| 2008 | 0.19x | $57.00 Million | $304.00 Million | $57.00 Million | ▲ +95.3% |
| 2007 | 0.10x | $29.00 Million | $302.00 Million | $29.00 Million | ▼ -1.7% |
| 2006 | 0.10x | $30.00 Million | $307.00 Million | $30.00 Million | ▼ -33.2% |
| 2005 | 0.15x | $30.00 Million | $205.00 Million | $30.00 Million | ▼ -16.1% |
| 2004 | 0.17x | $15.00 Million | $86.00 Million | $15.00 Million | ▼ -4.9% |
| 2003 | 0.18x | $51.00 Million | $278.00 Million | $51.00 Million | — |